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slothrop
Joined: 03 Feb 2003
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 Posted: Wed May 16, 2012 11:31 am Post subject: edit |
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edit
Last edited by slothrop on Fri Jun 01, 2012 10:54 pm; edited 1 time in total |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Wed May 16, 2012 3:20 pm Post subject: |
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Her speechwriter should have told her that the "government" is not a monolithic never-changing entity.
She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
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CentralCali
Joined: 17 May 2007
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| Posted: Wed May 16, 2012 4:07 pm Post subject: |
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| TheUrbanMyth wrote: |
| She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
Dude, " fictional-reserve banking system" didn't clue you into this being CTer woo-woo? |
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TheUrbanMyth
Joined: 28 Jan 2003
Location: Retired
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| Posted: Wed May 16, 2012 5:06 pm Post subject: |
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| CentralCali wrote: |
| TheUrbanMyth wrote: |
| She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
Dude, " fictional-reserve banking system" didn't clue you into this being CTer woo-woo? |
My curiosity got the better of me... |
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jaykimf
Joined: 24 Apr 2004
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| Posted: Wed May 16, 2012 5:28 pm Post subject: |
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| No doubt about it. Ron Paul's understanding of money and banking IS at the level of a 12 year old. Shallow, simplistic gibberish. |
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Squire
Joined: 26 Sep 2010
Location: Jeollanam-do
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| Posted: Wed May 16, 2012 6:02 pm Post subject: |
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| TheUrbanMyth wrote: |
Her speechwriter should have told her that the "government" is not a monolithic never-changing entity.
She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
Plenty of people would argue that that isn't so far from the mark |
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slothrop
Joined: 03 Feb 2003
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| Posted: Wed May 16, 2012 7:14 pm Post subject: |
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edit
Last edited by slothrop on Fri Jun 01, 2012 10:53 pm; edited 2 times in total |
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visitorq
Joined: 11 Jan 2008
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| Posted: Thu May 17, 2012 12:12 am Post subject: |
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| jaykimf wrote: |
| No doubt about it. Ron Paul's understanding of money and banking IS at the level of a 12 year old. Shallow, simplistic gibberish. |
Unlike the mighty jaykimf of daveseslcafe.com: changing the course of world history one post at a time (and using just one pitiful, hackneyed, and easily debunked source about the Fed each and every time to do it). |
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yodanole
Joined: 02 Mar 2003
Location: La Florida
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| Posted: Thu May 17, 2012 7:06 pm Post subject: |
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| The face of the cabal changes. It's purpose, not so much. |
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rchristo10
Joined: 14 Jul 2009
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| Posted: Fri May 25, 2012 7:34 pm Post subject: |
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I'm not Canadian and can't really follow. But when she jumps from national banking system to religion then back to the banking system and then to politics, I got that strange feeling I get when I'm watching toddlers in beauty pageants (...or Korean kids performing speeches in speech contests--that our friend's have ghost written). Anyone else feel that tingling feeling...? 
Kind of made me want to puke. |
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CentralCali
Joined: 17 May 2007
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| Posted: Fri May 25, 2012 8:50 pm Post subject: |
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| rchristo10 wrote: |
I'm not Canadian and can't really follow. But when she jumps from national banking system to religion then back to the banking system and then to politics, I got that strange feeling I get when I'm watching toddlers in beauty pageants (...or Korean kids performing speeches in speech contests--that our friend's have ghost written). Anyone else feel that tingling feeling...?
Kind of made me want to puke. |
That's the very same feeling I get each and every time I hear or read any of the tripe from the WONJCTers. For some reasson, they think their jumping around from 1/2 point to 1/2 point (they never have a completely formed point) is proof of their lunacy of the day. |
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slothrop
Joined: 03 Feb 2003
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| Posted: Sat May 26, 2012 3:51 am Post subject: |
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edit
Last edited by slothrop on Fri Jun 01, 2012 10:53 pm; edited 1 time in total |
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Titus
Joined: 19 May 2012
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| Posted: Sat May 26, 2012 4:57 pm Post subject: |
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| She's right. The CAD is borrowed into existence from private banks. There is no reason for a government to borrow funds into existence. |
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nathanrutledge
Joined: 01 May 2008
Location: Marakesh
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| Posted: Sat May 26, 2012 9:05 pm Post subject: |
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| CentralCali wrote: |
| TheUrbanMyth wrote: |
| She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
Dude, " fictional-reserve banking system" didn't clue you into this being CTer woo-woo? |
If you read the article, that part is in italics emphasizing the play on the word fractional, which is what our banking system is. However, the point that they are making is that our fractional banking system is, in fact, fictional because none of the paper money is actually based on anything except the full faith and credit of the government. If I had a choice between trading money for either the full faith and credit of government X, or something tangible, like gold or silver or diamonds or fresh hookers, I'd take the tangible goods any day. |
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Leon
Joined: 31 May 2010
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| Posted: Sat May 26, 2012 9:16 pm Post subject: |
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| nathanrutledge wrote: |
| CentralCali wrote: |
| TheUrbanMyth wrote: |
| She makes it sound like it's been a faceless cabal in charge since the 1970's (more than 40 years.) |
Dude, " fictional-reserve banking system" didn't clue you into this being CTer woo-woo? |
If you read the article, that part is in italics emphasizing the play on the word fractional, which is what our banking system is. However, the point that they are making is that our fractional banking system is, in fact, fictional because none of the paper money is actually based on anything except the full faith and credit of the government. If I had a choice between trading money for either the full faith and credit of government X, or something tangible, like gold or silver or diamonds or fresh hookers, I'd take the tangible goods any day. |
What's stopping you? Maybe you didn't word that exactly like you meant it, but right now you have the chance to take your money and trade it for silver and gold, and if you're not worried about the law, hookers. |
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