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visitorq
Joined: 11 Jan 2008
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 Posted: Thu Sep 17, 2009 9:36 pm Post subject: |
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| misher wrote: |
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You mentioned "ponzi schemes". Are you aware that the entire monetary system of the USA, since the Fed was created, is literally a gigantic ponzi scheme? Wallstreet, Social Security, and basically the entire FIRE economy were all ponzi schemes in turn. Look up the definition of ponzi scheme, and you will see that that is what we have. The current crisis is all that fake finance unraveling, as it inevitably must. What was Obama's solution? To inject trillions of dollars of MORE fake money (this time guaranteed by tax payers however) at the zombie banks to inflate the ponzi scheme some more and buy themselves some time.
We are now in the midst of the biggest financial bubble of all time - the 'bailout bubble'. When it burst, the world as you know it will be turned upside down. You can thank your government for allowing, and even encouraging it to happen |
I completely agree with this. I am not a fan of Obama and his stimulus "band-aid."
I guess regulation is the wrong word. I'm just talking about mechanisms to prevent theft that should work.
And as much as I don't like being a downer like asmith, I completely agree that when the stimulus bubble pops, things are going to get a lot uglier than last year. |
It's actually quite amazing to read documents as far back as the founding of our country, from people like Jefferson discussing the exact problems we are experiencing now (statements like "the banks are more dangerous to our liberty than standing armies"). They wrote the Constitution with these exact same issues in mind.
The problem is that government power over time slowly exceeded its boundaries, passing more and more laws that limit our freedom, and bestowing more and more benefits onto the corporatocracy. The 'original sin' however, was the passing of the Federal Reserve Act. Our country had been waging war against the passage of a central bank for quite some time (Pres. Jackson was able to squash the second one), but once they got their central bank into place, it was all over but the crying. We've been bankrupt ever since.
People just seem complacent to the fact that despite being the largest, most powerful economy on earth, we are wallowing in a sea of debt and totally bankrupt. People accept it as normal, when in fact it is one of the most absurd things imaginable. People are waiting for their government to save the day, when in fact it is the government that has betrayed the American people, and is handing over everything to the criminal bankers.
The solution is a dismantling of the overreaching government power that is working against us, and especially the dismantling of the Fed. We need a return to the kind of liberties granted to us under the Constitution (which have been steadily eroded in recent years). It is not even remotely obsolete as a document, it is universal and timeless. |
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Rusty Shackleford
Joined: 08 May 2008
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| Posted: Thu Sep 17, 2009 9:47 pm Post subject: |
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| visitorq wrote: |
It's actually quite amazing to read documents as far back as the founding of our country, from people like Jefferson discussing the exact problems we are experiencing now (statements like "the banks are more dangerous to our liberty than standing armies"). They wrote the Constitution with these exact same issues in mind.
The problem is that government power over time slowly exceeded its boundaries, passing more and more laws that limit our freedom, and bestowing more and more benefits onto the corporatocracy. The 'original sin' however, was the passing of the Federal Reserve Act. Our country had been waging war against the passage of a central bank for quite some time (Pres. Jackson was able to squash the second one), but once they got their central bank into place, it was all over but the crying. We've been bankrupt ever since.
People just seem complacent to the fact that despite being the largest, most powerful economy on earth, we are wallowing in a sea of debt and totally bankrupt. People accept it as normal, when in fact it is one of the most absurd things imaginable. People are waiting for their government to save the day, when in fact it is the government that has betrayed the American people, and is handing over everything to the criminal bankers.
The solution is a dismantling of the overreaching government power that is working against us, and especially the dismantling of the Fed. We need a return to the kind of liberties granted to us under the Constitution (which have been steadily eroded in recent years). It is not even remotely obsolete as a document, it is universal and timeless. |
Another thing I find amusing (sad?) is the confused mildly disgusted look they give you when you point out to an American that they are so far away from the constitution, it is just a speck in the distance. |
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bacasper
Joined: 26 Mar 2007
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| Posted: Fri Sep 18, 2009 12:55 am Post subject: |
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| Rusty Shackleford wrote: |
| visitorq wrote: |
It's actually quite amazing to read documents as far back as the founding of our country, from people like Jefferson discussing the exact problems we are experiencing now (statements like "the banks are more dangerous to our liberty than standing armies"). They wrote the Constitution with these exact same issues in mind.
The problem is that government power over time slowly exceeded its boundaries, passing more and more laws that limit our freedom, and bestowing more and more benefits onto the corporatocracy. The 'original sin' however, was the passing of the Federal Reserve Act. Our country had been waging war against the passage of a central bank for quite some time (Pres. Jackson was able to squash the second one), but once they got their central bank into place, it was all over but the crying. We've been bankrupt ever since.
People just seem complacent to the fact that despite being the largest, most powerful economy on earth, we are wallowing in a sea of debt and totally bankrupt. People accept it as normal, when in fact it is one of the most absurd things imaginable. People are waiting for their government to save the day, when in fact it is the government that has betrayed the American people, and is handing over everything to the criminal bankers.
The solution is a dismantling of the overreaching government power that is working against us, and especially the dismantling of the Fed. We need a return to the kind of liberties granted to us under the Constitution (which have been steadily eroded in recent years). It is not even remotely obsolete as a document, it is universal and timeless. |
Another thing I find amusing (sad?) is the confused mildly disgusted look they give you when you point out to an American that they are so far away from the constitution, it is just a speck in the distance. |
Like that American (I use the term loosely here) who called the Constitution "just a god-damned piece of paper"?
And visitorq, you are exactly right. We have been in a struggle against the central bankers since the founding of our country. |
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