Economic Reform is Needed

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Rage9

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Jan 7, 2008
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This post is sparked over not only the was 9/11 planned thread but my own research into past present and future events. Why is this country fucked up and how the hell do we fix it before it's too late?

Undoubtedly you know that the US economy is slowly receding. The Bush White House denies that we are actually in a recession despite the tall tale signs. However most people don't know that the 'Mortgage' crisis and declining economy are really the work on a Non-Government agency that works with ALL our money.

Have you guessed who? Yes, it's the Federal Reserve. They do a hell of a job covering them selfs and staying transparent so the sheeple always look at other factors and not the Federal Reserve.

Today class, a video. A video about who has control over our money, how it all came to be around the world, what these guys have caused, and what we can do about it. It's not exciting, in fact I'll be honest, it's kind of boring, but YOU NEED TO KNOW THIS! Grab a red bull or whatever you like for your caffeine buzz and settle back for 3.5 hours and take all this in. The Money Masters

You can also buy it here: The Money Masters

Now after viewing this video you will know, why we can NEVER EVER pay off the national debt. Why inflation will be high no matter what. Why the Federal Reserve really runs the country. ect.

Now you may start seeing the larger picture here, and let me tell you it's damn ugly.

First off we need to get rid of the Federal Reserve at all costs. However the government is so entangled that it can never remove the strangle hold. It's not a problem of just this country, but nearly, if not all, country's on the planet. Us as the people need to get angry, all over the world get angry, and force the issue of government backed currency. After all currency is anything people will accept as currency. Money is initially made from NOTHING. As you remember from the video, somewhere in Europe used notched sticks as currency, and it lasted longer than any currency ever recorded - nearly 650 years! All you have to do is stop accepting the dollar as currency and start using a Government backed and printed currency. It's a little more complex than that but it's also explained in the video. Remember these guys have the power to destroy YOUR life at a moments notice. They can cause depressions, wars, and anything in between.

As I start to put the blocks together, I believe it was some Rockefeller that many years ago said something about something very drastic needing to happen in order to continue putting us under their control. I have seen it in a 9/11 documentary and video I posted a link to. Regardless, it would seem to complement the Fed [Federal Reserve] to have been a major backer in the 9/11 scandal. You have to remember, there's also a WORLD Bank also - which is also scary as hell. Anyways, as you look forward to The American Union here and here.

How do you make a lot of money for The Fed?
Create War.

Who did we have to fight?
No one.

What can you use to get to war?
Attack Americas fucking stupid sense of patriotism.

What events need to happen?
Blow up some towers in NYC and blame it on rag heads.

What can we use as accelerants?
Sadam has Weapons of Mass Destruction [false], Al Qaeda, Terrorists, Rag Heads, Osama Bin Laden [who we also haven't caught :sleep:, without a bad boy terrorist image over there we wouldn't be nearly as much on board right?]

What else can be used as a smoke screen? Oil, which may have been a small underlying cause, but not a main accelerant to get to war.

Anyways, before The American Union happens there will have to be at least one more big, planned event to push us into it. You will not only want it after this event, you'll fucking demand it happens. When they have all the sheeple in line it will be pretty easy. Also look for some new type of bank to be created, like The Fed, with a Gold Backed currency, which we need to also avoid at all cost. The new currency will be the Amero.

Some fat to chew on. I'd love to hear some of your thoughts. Sorry I know this post jumps around a little, but that seems to be how my brain works, lol. I'm sure I'll be adding to it all.
 


Great explanation. The problem is the government has too much control IMO. Although, I am not for anarchy, it's only transparent that the government has failed numerous times and they will continue to fail until a significant change is implemented.

Truth be told, I never really got into politics because I found it dull and at the time it didn’t have an affect on me, but the problems are surfacing and it’s becoming somewhat interesting.



:D
 
I'm not going to comment on the war, but economic reform is needed. Namely, we need free trade. We need to drop the tariffs and restrictions, corporate bailouts, and high taxes. We should privatize government institutions and monopolies. We need true free trade.

I mean, honestly. Why should I pay three times the world price of sugar just because the government has enormous tariffs to artificially keep the price high? It's absurd.
 
...We should privatize government institutions and monopolies...

Privatizing is why we are in such huge trouble with The Federal Reserve.

No privatizing is not right. Private company's running the country is not right.
 
Privatizing is why we are in such huge trouble with The Federal Reserve.

No privatizing is not right. Private company's running the country is not right.

Care to elaborate? No one said anything about private companies running the country.

So you think the government should have more control over industries?
 
Yes the banking system puts more money in circulation than "exists," but it truly is not "creating" money. When all the debits/credits in the banking system clear, the actual money supply is going to be the same. Contracting the money supply or changing reserve ratios will directly affect the money in circulation, so it's not uncontrollable.

There are also a lot of problems with a backed currency system or a system where the country has no debt. The issue comes down to whether we want internal or international equilibrium. Right now we're favoring internal. These types of proposals are favoring international. In an international equilibrium, we would have no debt, but our economy would be forced into recessions to keep our foreign trade even our economy would be much less stable.

The problem with these arguments is that they ignore economic history. A monetary system that's at arms length from the government is actually a GOOD thing. Otherwise you have politicians making economic choices that are harmful and cause economic instability for short term popularity.

Sure there may be some problems with the current system, but the complete alternative isn't better. Switching around some of these policies is favoring a massive recession and a permanently slower economy.
 
It's called the business cycle. The economy can't keep growing at a constant rate -- what goes up must come back down. And guess what? It will also go back up. If you want the US economy to succeed you must make it's citizens more efficient by investing in them. The US can no longer compete with other countries in labor related industries, we must now focus in service related industries in order to stay on top. As of now Americans are inefficient, whiny bitches who spend most of their time on work on facebook/myspace instead of doing their jobs.

"A predictable long-term pattern of alternating periods of economic growth (recovery) and decline (recession), characterized by changing employment, industrial productivity, and interest rates. also called economic cycle. "
 
It's called the business cycle. The economy can't keep growing at a constant rate -- what goes up must come back down. And guess what? It will also go back up. If you want the US economy to succeed you must make it's citizens more efficient by investing in them. The US can no longer compete with other countries in labor related industries, we must now focus in service related industries in order to stay on top. As of now Americans are inefficient, whiny bitches who spend most of their time on work on facebook/myspace instead of doing their jobs.

"A predictable long-term pattern of alternating periods of economic growth (recovery) and decline (recession), characterized by changing employment, industrial productivity, and interest rates. also called economic cycle. "

This is another issue pointed out in the video, watch the fucking video. Question answered. Your 'business cycle' is just another Federal Reserve thing.
 
Care to elaborate? No one said anything about private companies running the country.

So you think the government should have more control over industries?

Either you can't read/write or you fail to understand what privatize means. Let me clear this up:

dictionary.com
pri·va·tize
thinsp.png
<script type="text/javascript"> // <![CDATA[ var interfaceflash = new LEXICOFlashObject ( "http://cache.lexico.com/d/g/speaker.swf", "speaker", "17", "18", "
", "6"); interfaceflash.addParam("loop", "false"); interfaceflash.addParam("quality", "high"); interfaceflash.addParam("menu", "false"); interfaceflash.addParam("salign", "t"); interfaceflash.addParam("FlashVars", "soundUrl=http%3A%2F%2Fcache.lexico.com%2Fdictionary%2Faudio%2Fluna%2FP07%2FP0792700.mp3"); interfaceflash.write(); // ]]> </script><embed type="application/x-shockwave-flash" src="http://cache.lexico.com/d/g/speaker.swf" id="speaker" quality="high" loop="false" menu="false" salign="t" flashvars="soundUrl=http%3A%2F%2Fcache.lexico.com%2Fdictionary%2Faudio%2Fluna%2FP07%2FP0792700.mp3" height="18" width="17" align="top"><noscript></noscript> Audio Help /ˈpraɪ
thinsp.png
vəˌtaɪz/ Pronunciation Key - Show Spelled Pronunciation[prahy-vuh-tahyz] Pronunciation Key - Show IPA Pronunciation –verb (used with object), -tized, -tiz·ing. <table class="luna-Ent"><tbody><tr><td class="dn" valign="top">1.</td><td valign="top">to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. </td></tr></tbody></table>
And I quote you as saying:
We should privatize government institutions and monopolies.

So yes you are saying, we should hand what is government control over to private company's to run. Hence private company's running the government.

Again, some people feel they know the issue, watch the video and tell me different. It's not that hard.
 
I've bookmarked this forum for THE PLACE to go for political wisdom. j/k

But I will say this...
People need to realize that they need to vote, and and also realize that it is the big money people that are manipulating them. If that ever gets through things will be a lot better. It's so unfortunate that religion is used to manipulate people's votes by the super wealthy. That is where people really need to wake up.
 
I studied all of the fed conspiracy stuff years ago. A silver or gold backed currency gives price stability, but it gives very little control over the economy. Credit is not accessible and this lack of access can put a cap on growth while exacerbating a slow down. A backed currency is bad for those who carry debt, but good for those with savings.

The opposite is a totally unmanaged fiat currency. Think Weimar Republic. The governments prints money to pay for debts and inflates the currency until you need wheelbarrows full of it to buy a loaf of bread. With no price stability, lenders do not want to lend money and if they do, they charge high interest rates.

Somewhere in the middle of these two is what we have now and it works, more or less. When the economy is solidly expanding, interest rates increase and it's favorable to those savings/lending money. When the economy is contracting, interest rates come down and it's more favorable for those borrowing money. For the last 24 years, this has work flawlessly and the growth cycles have been long while the contraction cycles have been short and infrequent. (Just two of them!)

Unfortunately, it doesn't work all the time and that's what's happening now. We are having an increase in inflation and tightening credit markets at the same time we need to be able to encourage growth. This last happening in the early 80's and the result was the depression of 1982, one of the most severe recessions since the 1930's. Unemployment hit 10.8%, the 7th largest bank in the US failed, and the savings and loan crisis was sparked.

No, things aren't very bad right now and they won't be as bad as the early 1980's.
 
An informational cartoon for everyone :)

Money as debt

:R:

IMO it's a bit overexhagerated.

The current system has been in place for many years and we have beat large debt after WW2. Debt as a percentage of GDP hasn't changed that much.

Look at interest as a fee to banks for lending money. The "making money out of thin air" is complete BS, IMO. Google makes money out of thin air and controls a huge advertising network. So, essentially Google is "charging interest"... OMG soon google will have all the money and the system will collapse OMFG!!! RUNNN lol

Seriously though banks earn profits just like any other company out there, through interest and other means. It makes money out of thin air just like many corporations out there. Sure banking is pretty profitable industry, but it's not like they're going to gobble up all the money into the void. If banks were so bad, then why the heck is Microsoft and Google and not banks are one of the richest companies on the planet?

Also, the fact that banks inject so much capital into economy, it's a good thing. Would many large corporations with high overhead costs get started if banks didn't lend money?
 
btw all debt can never be paid off, no shit einstein... when I go to the store and buy a candy bar, I exchange the $1 bill (which is a representation of debt) for the candy bar, because someone was in debt to ME for doing services or working and gave me $1 bill as a sign of their indebtness to me.

Since money is widely recognized, I can go and claim this debt at a store, instead of going back to the guy that is in debt to me in the first place.
 
Either you can't read/write or you fail to understand what privatize means. Let me clear this up:

dictionary.com
pri·va·tize
thinsp.png
<script type="text/javascript"> // <![CDATA[ var interfaceflash = new LEXICOFlashObject ( "http://cache.lexico.com/d/g/speaker.swf", "speaker", "17", "18", "
", "6"); interfaceflash.addParam("loop", "false"); interfaceflash.addParam("quality", "high"); interfaceflash.addParam("menu", "false"); interfaceflash.addParam("salign", "t"); interfaceflash.addParam("FlashVars", "soundUrl=http%3A%2F%2Fcache.lexico.com%2Fdictionary%2Faudio%2Fluna%2FP07%2FP0792700.mp3"); interfaceflash.write(); // ]]> </script><embed type="application/x-shockwave-flash" src="http://cache.lexico.com/d/g/speaker.swf" id="speaker" quality="high" loop="false" menu="false" salign="t" flashvars="soundUrl=http%3A%2F%2Fcache.lexico.com%2Fdictionary%2Faudio%2Fluna%2FP07%2FP0792700.mp3" width="17" align="top" height="18"><noscript></noscript> Audio Help /ˈpraɪ
thinsp.png
vəˌtaɪz/ Pronunciation Key - Show Spelled Pronunciation[prahy-vuh-tahyz] Pronunciation Key - Show IPA Pronunciation –verb (used with object), -tized, -tiz·ing. <table class="luna-Ent"><tbody><tr><td class="dn" valign="top">1.</td><td valign="top">to transfer from public or government control or ownership to private enterprise: a campaign promise to privatize some of the public lands. </td></tr></tbody></table>
And I quote you as saying:


So yes you are saying, we should hand what is government control over to private company's to run. Hence private company's running the government.

Again, some people feel they know the issue, watch the video and tell me different. It's not that hard.

Wow, you're quite a scholar.

I thought it obvious, but perhaps I should clarify. By privatization I don't mean every single government institution. I don't mean the Fed, I mean things like public city water, heating/electricity (in some areas), but more specifically things like social security. Additionally (though related), we should cut back welfare and public housing. I didn't mean to imply private companies should run everything. Things such as law enforcement need to be government-run. However, private companies are almost always more efficient than government run industries, so when possible government companies should be privatized so their functions can be done quicker, more efficiently, and to save money for the taxpayer.

Personally, I think the Fed should be abolished entirely.
 
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