No debt limit for the Federal Reserve

[FluffyMcDeath]

Whyzzat?
What are the banks doing with all that money they got from you? Lending it back to you at interest!! But not in a good way, like lending it to businesses that could use it to fund operations. No, they are lending it back to the Federal Reserve where you will probably be liable for the interest they accrue.

 

[Dammy]

Whyzzat?
What are the banks doing with all that money they got from you? Lending it back to you at interest!! But not in a good way, like lending it to businesses that could use it to fund operations. No, they are lending it back to the Federal Reserve where you will probably be liable for the interest they accrue.

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." - Thomas Jefferson

I have little doubts that the Fed will go away once the New World Order currency makes it's way out into the world in the next couple of years. It won't be useful to the Elites anymore. Initially, it will probably very close to the current SDRs until the World Bank using Gold and Silver backed currency can be created. The inflation ravaged USD will be dumped at that piont in time in favor of the NWO currency. Just think, those who are in control of all those evil corps will be in charge of the NWO currency. Dance little Progressives, dance. Your true puppet masters will have come out from behind the government curtain, their power is now complete as the middle income earners are no more. Now it's just you and the Elites with their government puppets they use to control you. Perhaps one day if you serve them well, you will be apart of the government and enjoy those special benefits while the little Conservatives weep as they shuffle by with their heavy chains that hobbles their movement.

For those who don't know, SDRs are real and current rates can be found at: http://www.imf.org/external/np/fin/data/rms_five.aspx and the World Bank is looking for NWO currency, http://www.theglobeandmail.com/repo...case-for-new-reserve-currency/article1870084/ as we speed along to financial meltdown for the EURO and USD.

Is it time to revisit this tune again as it was very popular in the 1930s?

 

[FluffyMcDeath]

Your true puppet masters will have come out from behind the government curtain, their power is now complete as the middle income earners are no more. Now it's just you and the Elites with their government puppets they use to control you. Perhaps one day if you serve them well, you will be apart of the government and enjoy those special benefits while the little Conservatives weep as they shuffle by with their heavy chains that hobbles their movement.

And yet you want to give those elites more power and you want to fix things so that they never have to pay taxes and so that they can spend as much as they want for politicians to make sure they always get their people into office.

Are you hoping that after you do all this for them they will be grateful to you and give you better scraps from the table than they give to "the left"?

 

[Dammy]

And yet you want to give those elites more power and you want to fix things so that they never have to pay taxes and so that they can spend as much as they want for politicians to make sure they always get their people into office.

You are confused. I want everyone to be able to make bucket loads of money, not just the Soros' of the world. I want big business to be responsible and go under if they are not because I do not want tax money to pay for their stupidity if not criminal actions. You see, for the elites like Soros, they need a strong centralized government to control the people. They just control that government via finances. If there is strong business and a decentralized government (read power to the individual states), Soros and company can not manipulate with complete control. They fear the individual combining their power, they rejoice when the individuals have no power as a centralized government has taken it from them as the government is easily manipulated. Just offer cheap money government can go into debt over, then they are your pal as long as you don't raise the rates on them and they can continue to do the same. This is why the Tea Party is so vocal, they realize the trap government is getting ALL of us into.

Are you hoping that after you do all this for them they will be grateful to you and give you better scraps from the table than they give to "the left"?

You keep thinking this is a zero sum gain, wealth creation is not a zero sum gain. Wealth creation is what protects little guys like me from the Soros' of the world. I don't need him, I don't need his money, I don't need his scraps if I can be apart of something not connected with him to make wealth. Government, OTOH, is the throttle and today, can pick and chose who they want to succeed or lose. See TARP agreement for those who the Government want to succeed that should have failed, if not failed decades ago.

 

[faethor]

You keep thinking this is a zero sum gain, wealth creation is not a zero sum gain. Wealth creation is what protects little guys like me from the Soros' of the world.

Again another silly that recent history proves to be wrong. Wealth creation has been happening. In fact we see the 'Soros' getting 23% raises. The little guy is getting squat. In fact between 2000 and 2010 most American families backslide in wealth. The top kept running away, not only with the difference but with the gains.

Government, OTOH, is the throttle and today, can pick and chose who they want to succeed or lose. See TARP agreement for those who the Government want to succeed that should have failed, if not failed decades ago.

That's because the government's job is to run the nation. Not the business. See about 12 score years ago our forefathers brought forth a great nation conceived in Liberty and the idea that all men are created equal. The idea of the pursuit of liberty and equality has fallen off the charts in the last 30 years. The 'equality' has gone to the top. The non-zero sum gain of wealth creation has fallen up and gutted and lowered the middle and lower classes. The policies you espouse guarntee this will continue to happen.

 

[FluffyMcDeath]

You are confused.

I relish the irony of this statement. You want the government to let the elites continue to consolidate their wealth and power because when the government is gone and has been replaced by the elites and their money then everything will be OK? Once the plantations have got rid of the resistance organizers then they will give their slaves freedom?

I want everyone to be able to make bucket loads of money, not just the Soros' of the world.

Well, yes, hyper-inflation is a great equalizer, but is it really the tool you want to use? It will be much more painful.

I want big business to be responsible and go under if they are not[...]

Who is going to keep them responsible? I know a lot of people like to believe in this thing called "the market" but it doesn't really exist. The guys with the most money run the market - it doesn't work the way naive economists say it does any more because the mathematical assumptions underlying that belief were never truly justified and as the major players have become bigger the assumptions have been completely violated.

You see, for the elites like Soros, they need a strong centralized government to control the people.

But the elites don't care if that government is a nominally elected one (they don't like the ones that are freely elected by a knowledgeable electorate - too hard to control) or an unelected corporation. In fact many of them would prefer government by unelected corporation but the only disagreement is whose corporation it should be.

They just control that government via finances. If there is strong business and a decentralized government (read power to the individual states), Soros and company can not manipulate with complete control.

Soros, Soros, Soros. It's not just Soros, of course and when you say they manipulate the government by finance you are being too narrow. They control the government with MONEY. Money is how the Koch brothers got the governor of Wisconsin in, money is how the Koch brothers (and Soros and all the others) fund "independent" think tanks that write bills then they fund the lobbyists that encourage politicians to pass the bills and then they organize the funding that gets in politicians that passed the bills for them and get rid of the ones that don't play ball. And the more money the government lets them keep the more they are able to do this.

They fear the individual combining their power, [...]

Yes. They hate and fear unions. That is why they spend money putting anti-union stories in their newspapers and TV news, that is why they fund the election of anti-union politicians and that is why write anti-union laws for the politicians to rubber-stamp.

You keep thinking this is a zero sum gain, wealth creation is not a zero sum gain. Wealth creation is what protects little guys like me from the Soros' of the world. I don't need him, I don't need his money, I don't need his scraps if I can be apart of something not connected with him to make wealth. Government, OTOH, is the throttle and today, can pick and chose who they want to succeed or lose.

The wealth you make, you make for Soros. The wealth you make will be the wealth you make for whoever employs you. You do need money or something that works like it - and you will need whatever kind of money is currency where you live and if that happens to be Starbucks points because Starbucks corporation owns the place you live (if there is no people's government any more, for e.g.) and taxes are due in Starbucks points or they'll take your property, then you will need to work for Starbucks points.

Either people run governments for themselves to do the things that people want done to run their societies or they abdicate and will have their societies run for them. If people don't participate in their governments then businesses will take over the governments and run the society to benefit businesses over people. If the government starves and fades away because the businesses aren't willing to pay for it to do this (because the people will be too poor to pay for it by then) then it will collapse and the businesses will just run the society without a "peoples'" government.

The East Idea Trading Company used to run several countries. It wasn't good for the people that lived there. They didn't experience "freedom".