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Road To Serfdom & The New Economics
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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Tue Jul 26, 2011 10:43 am    Post subject: Reply with quote

Fed over the last 3 years printed into circulation about 13 trillion dollars and loaned in exchange for the junk paper securities of the insolvent Anglos banking institutions.. That money is more than enough to get US of A booming again, not stagnating. Not a single nuclear power station constructed. Manned space program is grounded. Not a single general hospital built.
And now you constipating over a few bucks for Medicare recipients? “Debt-ceiling debate”? what a joke.
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rustyh



Joined: 17 Sep 2006
Posts: 489
Location: A Wonderful World

PostPosted: Tue Jul 26, 2011 8:53 pm    Post subject: Reply with quote

Shocked Shocked Shocked Shocked Shocked Shocked
This puts things into perspective.
mind boggling.

http://www.wtfnoway.com/
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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Fri Jul 29, 2011 7:48 pm    Post subject: Reply with quote

The obvious fallacy of “federal balanced budget” is that economy needs credit to grow and there are 2 ways of obtaining the necessary credit: 1.) thru private banking system and their ability to create money on their electronic keyboards and lend it at interest or 2) thru Federal government running budget deficits.

The reality is that running a budget surplus would increase interest rates, by forcing the economy into captivity to the banking system.
It is really a neo-feudal rent extraction scheme plaid by the City of London and Wall Street using the Tea Party fanatics and Austrian dupes.

So, my dear Americans, you have a clear choice: remain brainwashed, complacent and stupid and go deeper into debt peonage to City of London tories and their Wall Street boyz or wake up and demand return to Hamiltonian American Credit system.
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RedMahna



Joined: 07 Sep 2006
Posts: 1512
Location: USA

PostPosted: Thu Aug 04, 2011 11:51 am    Post subject: Reply with quote

I realize anything I say here is probably 150% incorrect... but I do have a question:

Been watching some Bill Still's videos (ie, daily reports and his Oz movie), and what I didn't understand was that when the USA did print its own money, as he calls for now in order to fix the current debt problem, it eventually was squeezed out of circulation BY the bankers so that they could force the govt and the people into accepting their private bank-printing mechanism once again.

So then, how would non-debt-backed currency actually help if that too can be diminished in supply by some entity(ies) through time?

This, Mr Still does not explain. Did the squeeze happen (in the late 1800's) because banks weren't regulated enough? Supposedly in his Oz movie, it happened because bankers came to DC to bribe politicians. Well, as we all know, we can only eliminate greed by eliminating greedy people... so who's in charge of killing off greedy people? Stalin?

Now, I am asking if anyone can explain. I am NOT trying to be argumentative. None of us (I don't think) has any real power to make changes to their liking, so no matter how right or wrong we are, basically the world goes on its merry way as usual... bubbles, busts, and all. (That too is my opinion, for now, and it is subject to change depending on new developments in the USA.)

All I am hopeful of is that people don't take to the streets in physical violence, and I believe THAT is what the average person hopes to avoid as well.

red

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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Thu Aug 04, 2011 9:32 pm    Post subject: Reply with quote

In 1895 when the House of Morgan took over the issuence of US public debt (yes, it was even before the 1913 Federal Resrve act) it was a result of subversive action of the British Empire thru their agentura on Wall Street.

When they failed to destroy and balkanize the US in the Civil War of 1860s, British set their sites on a longer plan to destroy the US using cultural, propagandistic and economical means employing their 5th column inside the Nation - the Wall Street.

I guess they are finally succeeding now, even at their own peril.

The fallacy of Bill Still proposal is that we can't just print money, we need to issue a PRODUCTIVE CREDIT - only if that money is used to enchance the creative and productive capability of the entire nation - like Lincoln's railroads, or FDR Tennessee Valley authority or Manhattan project or JFK "Put the man on the moon".

Such productive credit would be similar to a good company issuing a new stock to raise funds to procure new technology and expand their production - it will not dillute the existing stock, but make it even more valuable.

So goes to the National Currency -the dollar - should be debt-free stock in the entire Nation becoming more valuable with time.

The good news, while issuing the Productive Credit we will insure continuation of high-paying productive jobs, thus eliminating the Depression in short time and saving millions of workers from loosing their pride and their productive skills.


Last edited by leon on Thu Aug 04, 2011 9:57 pm; edited 1 time in total
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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Thu Aug 04, 2011 9:42 pm    Post subject: Reply with quote

One thing Stalin did right for sure, he supplied a counter-intelligence support for Russian governmental agencies to prevent them from being infiltrated by British intelligence. After his death and liberization of Soviet counter-intelligence operations they quickly succumbed to such traitors of Russian Nation like Kruschev and Gorbachev.
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howg



Joined: 24 Mar 2006
Posts: 70

PostPosted: Thu Aug 04, 2011 9:57 pm    Post subject: Reply with quote

I also agree with Bill Still's take on money,
but they/we/he hasn't found a cure for corruption yet. Confused

Corruption, theirs and ours, requires constant effort and vigilance to deter.
Very, very difficult to pull off.
And it's never been achieved over the long term.

It may never be a perfect world, but I guess we gotta try regardless...

Isn't that what the Man of La Mancha was up to?
(a little off topic, but what the hell... not to mention the lovely Sophia Loren Wink )

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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Thu Aug 04, 2011 10:04 pm    Post subject: Reply with quote

The cure for corruption was invented by Americans 200 year ago - it's called FREEDOM OF SPEECH and FREE AND INDEPENDENT PRESS, you dummy.

You want to fight corruption demand the congress to break up the Media outlets, so nobody corners the market like they have lately.
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howg



Joined: 24 Mar 2006
Posts: 70

PostPosted: Thu Aug 04, 2011 10:14 pm    Post subject: Reply with quote

And we can all see how well that worked...
Thanks for that brilliant piece of commentary Leon - simply brilliant Laughing
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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Thu Aug 04, 2011 10:22 pm    Post subject: Reply with quote

It don't work anymore thanks to moral corruption of the American public, you and me. Fight it in yourself first, than in your friends and neighbours.

Stop worshipping all-mighty money, look at the bigger picture.
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leon



Joined: 22 Aug 2008
Posts: 1046
Location: 3d-rate nation

PostPosted: Fri Aug 05, 2011 7:42 am    Post subject: Reply with quote

The proliferation of US Institutions by enemy intelligence operatives represent the real grave danger to the Nation State. Even if it is only 5 – 10%, but strategically placed in key positions, the operatives could do an enormous damage. Remember the movie with Tom Cruise “Operation Valkyrie” when a small group of German officers almost succeeded in overthrowing the Hitler regime by hijacking the Nazi governmental resources using the National Drill and introducing small but crucial changes.
That is exactly how they’ve done almost all false flags lately, including 911 (sorry Fintan about your 45 degrees angle theory). One that occurred lately is massacre in Norway to get the Norwegian government in line with US-British. Also, there is a massive Norwegian sovereign fund that the British wants to incorporate into London/NY banking system – plan that Norwegian government resisted so far.
Huge government resources are being hijacked using small number of well-placed operatives using various previously approved drills by taking them live.
We probably need something like a new Pecora Commission but now on much grander scale, not just financial
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RedMahna



Joined: 07 Sep 2006
Posts: 1512
Location: USA

PostPosted: Fri Aug 05, 2011 9:44 am    Post subject: Reply with quote

I don't know if I'd want to outright call anyone a dummy, not unless they cut me off driving their car or something.

But I can understand in this age when every man woman and child is an authority.

There's a saying in Hungarian, loosely translated, "every palm turns to face each one's self."

I think my cats can do a better job at government. Maybe I should have my senior one run for President. They all seem to know that a paper bag is much more fun to play with than some shiny $25 toy. And herein lies the fault of humans... they want too much and are never satisfied. They believe they have rights when what they really need to focus on is gaining and keeping their privileges. And lastly, when things are taken from them (which they call "loss") then they wonder what happened.

We've been conditioned to live in an i-world disguised as the e-world. And everyone is an authority. So they thought.

This continued recession/depression/austerity at least will bring people back to basics - a sorely needed ideology for everyday people. The govt is hoping "folks" will be as docile as Americans have been trained to be.

I hope so too. We need to take our medicine and not be fooled again into helping the world's leading wealthy and mega-powerful become bigger and more dangerous to the welfare of the population. We've all been behind them with every new thingy that they come up with. All to our own detriment. Each and every time.

Why? Because "every palm turns to face each one's self."

red

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