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Old 11-10-2012, 20:09   #226
Stubudd
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Originally Posted by G29Reload View Post
It is backed by the faith and credit of the US govt and they print it because that gives it its validity. If its yours, you own it. Even they can't take it from you without legal cause. What idiot would be stupid enough to destroy his own cash? Someone who would advance your arguments I suppose.
Nope. You understand economics better than the other guy but you have no comprehension of the depth of the scam being run on you. That's why you still think the GoP really represents you. Unfortunately they're in on it too, directly or indirectly.

A private (very private, in every sense) bank prints the money, and loans it to the government with interest. The government taxes you at gunpoint to pay back the private bank. The bank pretty much owns the government. The bank pretty much owns you. The real problems are never addressed because everybody is caught up in the kabuki theater of reps and dems.

http://www.marketoracle.co.uk/Article22708.html

Pretty soon we'll find out what the "full faith and credit of the US gov't" is really worth.
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Old 11-10-2012, 20:43   #227
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Gunhaver... Heavens.... I don't even know where to begin with your posts. Heavens.

Suggestive of profound - PROFOUND - misunderstanding of economics. My Lord.

Please: learn. Then vote as you like. But my God man- learn.

Please.
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Old 11-10-2012, 20:47   #228
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obamer and mitt

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Old 11-10-2012, 20:50   #229
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What the hell is wrong with you?

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Old 11-10-2012, 20:56   #230
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What the hell is wrong with you?

that's what i see when i turn on tv and they show politicians talking at me. It's just like that. I can't even hear them any more.
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Old 11-10-2012, 21:00   #231
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I think it was skyhook that posted that video a long time ago- i think it was about something boehner was saying at the time. I thought it was perfect
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Old 11-10-2012, 21:02   #232
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I have a different view of money than many here obviously, and I'm going to attempt to explain my thought process with an analogy.

Money isn't paper, precious metal or electronic impulses inside bank computers. Money is a fluid.

It's the hydraulic fluid that pushes our entire economy around. That fluid pushes people out of bed in the morning to go to work. It pushes our cars to our jobs and our food onto our tables. It pushes everything we want and need to where we want and need it to be. The more of that fluid flow you can control the more you can push around to your particular ends.

The banks are the fluid reservoirs and pumps of this hydraulic system. When money is put into offshore accounts or so much is locked up in savings accounts that it never moves anywhere then that's a drain on the efficiency of the whole system. Something should be done to free that fluid up and make it easier for others to use to do work for them. If the controllers of those large amounts of fluid refuse to put it back into the system by spending or investing it the answer is not to give them even more fluid. The answer is to take it back and put into the system again regardless of their complaints or the complaints of those that have delusions of someday also being able to lock up large amounts of OUR fluid in their own stagnant pools.

This is what people are starting to realize. Those people sitting on huge reservoirs of "our" hydraulic fluid and not doing a proportional amount of "pumping" are the biggest part of the problem. They're no better than those that have no fluid and do no pumping but they're a much bigger problem because they're a bigger drain on the system.

Now enter higher taxes on those individuals to get the system up to speed again and those people may be pissed that they're not as in control as they once were but the net result is that the system is moving better. This is called "redistribution of wealth" (fine if those people are so inept at keeping it distributed in the first place) or "socialism" (not really so bad if it can ever really happen without the same greedy drainers at the top) by people who have the most to lose and their respective fanboys but those people are by no means a critical part of the system. They can always be replaced by more efficient pumps.
I read this again for the laughs and a couple of thoughts actually jumped out at me that might help you start to understand just a tad bit of why you're so misguided:

1. Your hydraulic system (sorry) is a closed system. The volume of hydraulic fluid (again, sorry can't help it) doesn't change. A free, or even free-ish economy isn't. It grows. More fluid is added to the system. It isn't a zero sum game.

2. People with a lot of money don't sit on it. They invest it because they want more and because, frankly, people with the ability to make large sums of money are seldom happy being complacent, unlike say a jewelry maker. This investment is required in order for the economy to grow. Growth is necessary for a people to prosper.

3. Taxes are like air injected into your hydraulic system (it just happens sorry). You know what air does to a hydraulic system, right?

I don't really think there's hope for you but maybe this will provide some insight into why knowledgable people here are laughing at you.

Last edited by certifiedfunds; 11-10-2012 at 21:03..
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Old 11-10-2012, 21:31   #233
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Unfortunately THIEF is about the best I can do.
It is a perfect descriptor.

Marxism is it's own antidote. It can never endure and those practicing it are ultimately forced into one of two fates- Capitalism (if they accept reality) or destitution (if they deny reality).

After reading Gunhaver's description of our economy equating it to a static, sealed system, I realized very rapidly that none of what followed would concur with any economic theory extant.

From his description of monetary "reservoirs", I can only gather that Gunhaver views a diversified investment portfolio as one in which one has allocated equal amounts of money stuffed into his mattress, sofa cushions, freezer, and into several jars buried in his backyard.

OK...
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Old 11-11-2012, 00:44   #234
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A private (very private, in every sense) bank prints the money, and loans it to the government with interest. The government taxes you at gunpoint to pay back the private bank. The bank pretty much owns the government. The bank pretty much owns you. The real problems are never addressed because everybody is caught up in the kabuki theater of reps and dems.
False. The money is printed by the bureau of engraving and printing. The bank is not private or it could refuse to do business with the government because its relationship would be at-will. It is AMERICAN currency and those involved with its printing, administration, bookkeeping, security, etc are Federal employees. It is the governments, lock stock and barrel and not subject to the whims of a free private sector.
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Old 11-11-2012, 01:51   #235
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False. The money is printed by the bureau of engraving and printing. The bank is not private or it could refuse to do business with the government because its relationship would be at-will. It is AMERICAN currency and those involved with its printing, administration, bookkeeping, security, etc are Federal employees. It is the governments, lock stock and barrel and not subject to the whims of a free private sector.
What?

The dollar is issued by the federal reserve. If it's printed at the bureau, it's at the order of the federal reserve. That's why it says federal reserve note right at the top. What you meant to say is the actual printing presses are owned by the government, for what's that's worth. Only a tiny fraction of the dollars in the world are ever printed- most are numbers in the air. 800 billion in cash. Unknown trillions in thin air. I should have said a private bank issues, not prints, since it doesn't literally print- it's a bank not a press.

Currently, the US government maintains over 800 billion US dollars in cash money (primarily Federal Reserve Notes) in circulation.[46][47] The amount of cash in circulation is increased (or decreased) by the actions of the Federal Reserve System. Eight times a year, the 12-person Federal Open Market Committee meet to determine US monetary policy.[48] Every business day, the Federal Reserve System engages in Open market operations to carry out that monetary policy.[49] If the Federal Reserve desires to increase the money supply, it will buy securities (such as US Treasury Bonds) anonymously[citation needed] from banks in exchange for dollars. Conversely, it will sell securities to the banks in exchange for dollars, to take dollars out of circulation.[50]
When the Federal Reserve makes a purchase, it credits the seller's reserve account (with the Federal Reserve). This money is not transferred from any existing funds—it is at this point that the Federal Reserve has created new high-powered money. Commercial banks can freely withdraw in cash any excess reserves from their reserve account at the Federal Reserve. To fulfill those requests, the Federal Reserve places an order for printed money from the US Treasury Department.[51] The Treasury Department in turn sends these requests to the Bureau of Engraving and Printing (to print new dollar bills) and the Bureau of the Mint (to stamp the coins).
http://en.wikipedia.org/wiki/United_States_dollar

In Lewis v. United States,[3] the United States Court of Appeals for the Ninth Circuit stated that: "The Reserve Banks are not federal instrumentalities for purposes of the FTCA [the Federal Tort Claims Act], but are independent, privately owned and locally controlled corporations.

http://en.wikipedia.org/wiki/Federal_Reserve_Note

http://articles.businessinsider.com/...s-member-banks

“Some people think that the Federal Reserve Banks are United States Government institutions. They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and rich and predatory money lenders.”

– The Honorable Louis McFadden, Chairman of the House Banking and Currency Committee in the 1930s

http://www.globalresearch.ca/who-own...-reserve/10489

Do you not even know what the federal reserve is?
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Old 11-11-2012, 02:01   #236
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No wonder you haven't figured out just how rigged the game is, and get caught up in the kabuki so easily. Read that last one, it's a pretty good outline.
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Old 11-11-2012, 03:52   #237
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...and not subject to the whims of a free private sector.
If this were an Econ forum, I would have interpreted this phrase as sarcastic humor and said "well played." However, since this is a forum where people with little to no knowledge of economics come to share their poorly thought out and sophomoric views on subjects they don't understand, I will simply say "ironic".
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Old 11-11-2012, 06:54   #238
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Are you OK with companies merging until we have Omni Consumer Products?
Sounds like you didn't do so hot on your last foray into your Wii "RoboCop" game. You need to let go...it really isn't 'reality' you know. I swear...between you battling the sinister "OCP", and FFG Spyder's "Call of Duty 4: Modern Warfare", your cyber-game fantasies make it hard to make sense of what you say.

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What a wonderful capitalist world when we all have a single option for employment that nobody can compete with.
That wouldn't be a "capitalist" world, Grasshopper. "When we all only have a single option for employment that nobody can compete with", it is because that single employer is now the government. Most of us categorize that as "Communism". Are you anticipating OCP to activate "SkyNet" soon...or was that only in the "Terminator: Rise of the Machines" edition two?
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Old 11-11-2012, 07:23   #239
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Sounds like you didn't do so hot on your last foray into your Wii "RoboCop" game. You need to let go...it really isn't 'reality' you know. I swear...between you battling the sinister "OCP", and FFG Spyder's "Call of Duty 4: Modern Warfare", your cyber-game fantasies make it hard to make sense of what you say.



That wouldn't be a "capitalist" world, Grasshopper. "When we all only have a single option for employment that nobody can compete with", it is because that single employer is now the government. Most of us categorize that as "Communism". Are you anticipating OCP to activate "SkyNet" soon...or was that only in the "Terminator: Rise of the Machines" edition two?
I've never had any interest in video games so I really have no idea what you're talking about.
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Old 11-11-2012, 07:57   #240
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I really have no idea what you're talking about.
Truer words were never spoken. You really are clueless.

Please educate yourself so you can separate yourself from the monsters.
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Old 11-11-2012, 08:54   #241
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The anti-Americans who voted for the POS obama speak of the people who voted for Romney as the losers and the democrats as the winners. Everyone lost on Nov 6. You democrat idiots should realize that EVERYONE will get screwed by the mighty obama and his co-conspirators (democrat politicians). You will pay higher taxes, pay more for gas and heating fuel, pay more for food and everything else delivered by trucking, pay more in ALL taxes and have less national security, etc.

But you will have no justification to complain, none at all. Remember, on Nov 6 you walked into that voting booth and said, "To hell with the the United States, I want my free stuff"

Hope you're proud of your decision.
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Old 11-11-2012, 10:53   #242
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I really have no idea what you're talking about.
About ANYTHING. Epic cluelessness.
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Old 11-11-2012, 11:12   #243
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I've never had any interest in video games so I really have no idea what you're talking about.
One more thing to add to the growing list.
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Old 11-11-2012, 11:23   #244
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Truer words were never spoken. You really are clueless.

Please educate yourself so you can separate yourself from the monsters.

Political Issues
Political Issues
Political Issues


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Old 11-11-2012, 12:01   #245
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I've never had any interest in video games so I really have no idea what you're talking about.
I see. Careful now. You might be able to BS a BSer...but you can't snow the Snowman.

So...are you a bankruptcy lawyer with a redacted disabled veteran's license plate? You can't have been a U.S. SpecOps veteran, cuz that's the source of FFG Spyder's gravitas here.

Since you're anti-capitalist and pro-commie, is it safe to say your military days were as a Speznatz commando, striking fear into the hearts of all capitalist pigs? You can tell us, Tovarich.
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Old 11-11-2012, 15:38   #246
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I see. Careful now. You might be able to BS a BSer...but you can't snow the Snowman.

So...are you a bankruptcy lawyer with a redacted disabled veteran's license plate? You can't have been a U.S. SpecOps veteran, cuz that's the source of FFG Spyder's gravitas here.

Since you're anti-capitalist and pro-commie, is it safe to say your military days were as a Speznatz commando, striking fear into the hearts of all capitalist pigs? You can tell us, Tovarich.
I can't tell you all how funny I find it when you invariably go to the "Marxist! Communist! Fascists! Pinko!" caterwauling when anyone disagrees with you. Cracks me up. Never once has any of you realized that you exclusionary tactics are exactly what got you here.

You're all so irrelevant now that most of society has turned away from your closed minded thought processes. You're all going the way of the dinosaurs and atheist socialists in Chey Guevara T-shirts will hook up with your daughters and granddaughters at swingers parties. With any luck they'll be on taxpayer funded birth control. There's no stopping it now. Enjoy what's left of your miserable existence.
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Old 11-11-2012, 15:54   #247
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I can't tell you all how funny I find it when you invariably go to the "Marxist! Communist! Fascists! Pinko!" caterwauling when anyone disagrees with you. Cracks me up. Never once has any of you realized that you exclusionary tactics are exactly what got you here.

You're all so irrelevant now that most of society has turned away from your closed minded thought processes. You're all going the way of the dinosaurs and atheist socialists in Chey Guevara T-shirts will hook up with your daughters and granddaughters at swingers parties. With any luck they'll be on taxpayer funded birth control. There's no stopping it now. Enjoy what's left of your miserable existence.


Hey pinko punk, if the shoe fits, wear it.


We will all live through what is coming, well most of anyway.


If you are one of the ones that assisted Barry in his coming decline, hug it live it, even if we don't like you for it.

Your children and grandchildren should know who you voted for, just so they know how to think of you after you are gone.
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Old 11-11-2012, 16:43   #248
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Hey pinko punk, if the shoe fits, wear it.


We will all live through what is coming, well most of anyway.


If you are one of the ones that assisted Barry in his coming decline, hug it live it, even if we don't like you for it.

Your children and grandchildren should know who you voted for, just so they know how to think of you after you are gone.
Forgive me if I don't put much ardor and faith in your ability to predict the future. This last election showed how good you are at that.
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Old 11-11-2012, 16:53   #249
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I see. Careful now. You might be able to BS a BSer...but you can't snow the Snowman.

So...are you a bankruptcy lawyer with a redacted disabled veteran's license plate? You can't have been a U.S. SpecOps veteran, cuz that's the source of FFG Spyder's gravitas here.

Since you're anti-capitalist and pro-commie, is it safe to say your military days were as a Speznatz commando, striking fear into the hearts of all capitalist pigs? You can tell us, Tovarich.
What the hell are you talking about? I'm a lawyer with a "redacted disabled vet license plates"? Commando? Pro-commie? WHAT!?

Last edited by IndianaMatt; 11-11-2012 at 16:59..
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Old 11-11-2012, 17:36   #250
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What the hell are you talking about? I'm a lawyer with a "redacted disabled vet license plates"? Commando? Pro-commie? WHAT!?
you ijits are easily confused, you sound alike.
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