Re: Peeve of 2009
- From: hhc314 <hhc314@xxxxxxxxx>
- Date: Wed, 4 Nov 2009 15:40:23 -0800 (PST)
On Nov 4, 10:37 am, DanB <a...@xxxxxxxx> wrote:
hhc314 wrote:
On Oct 29, 1:05 pm, DanB <a...@xxxxxxxx> wrote:
Hay Harry,
My pet peeve for 2009, how the media is dumbing down, (is dumb downed),
about our economic condition. Why don't folks like you ask why our money
is anything but constitutional? Why let the tyrants of banking continue
in their illegal assault on us?
<http://lakeweb.com/money/Total%20U.S.%20Debt%20to%20GDP.gif>
Take a good look at how they did it before and did it again.
Dan, I agree that the media, with only a few exceptions like Fox News
and Lou Dobbs, plays the stupid act, but when you think about it, it's
really simply highly biased reporting written by the clueles to
entertain the empty headed public.
NPR too. NPR is the worst and most liberally biased of all the media.
Face it, between the federal government and the liberal oriented
media, the public is given no clue as to what is actually going on in
our country, and the government is currently playing its own private
little game, behind closed doors.
Wrong horse Harry. It is the banking system, it is not partisan.
Dan, why do you think that the US government bailed out the large
banks, rather than giving the same money to small business to create
jobs? Check out the background of the major players that the Obama
adminstration hired to run the treasury department. These are the same
gentlement that caused the banking disaster, so we now have them
runing the US Treasury. Does that make sense to you.
With United States unemployment at 10% (it's actually much higher than
that, since the government only counts people still collecting
unemployment benefits) our government seems blindly focused on
spending billions (or trillions of dollars) on programs that have
value only to special interests, not the public. The government in the
meantime ignores meaninful job creation, because the requires the
restoration of long lost components of agriculture and industry to
create the jobs.
Again, you are whipping the wrong horse. It was the multinationals that
move industry to Asia. The government is just their whore.
Actually no, the is the owners of the major firms that allow their
manufacturing plants and intelluctual property rights that are the
problem, plus the US government for allowing them to do so.
Mortgage foreclosures are now at a high second only to the Great
Depression, and the government is focusing its attention on more
spending on trillion dollar health care bill.
Gads....
The price of gold is skyrocketing, simply because the dollar has
become so devaluated over the past 40 years, and now a $32 dollar
ounce of gold sells for circa $1,000. This happens because the
government today can simply print dollars with no gold or silver
assets to back up the dollars. Notice that paper money once was
labeled as gold or silver certificate, but that went away years ago.
Why?
Because that is how the banking system wanted it.
Dan, it makes little sense to me that the banking system would do
anything that would devalue the dollar, since the loss in the dollar's
value comes directly out of their bottom line profits. (Then too, this
maybe why some of the largest banks in the US are bankrupt or nearly
so.)
Not true Dan, while the banking system may have wanted it, it was the
goverment (acting under the influence of the special interests that
allowed it to happen through purchased federal legislation. Corruption
in goverment must take ALL the blame.
Things began to go sour in the US back around 1950...
The first time it went sour for use was with Hamilton. Before the ink
was dry on the constitution he set out to create the First Bank of the
U.S. The history of banking is well worth reading.
The constitution says very clearly what money is. Yet here we are in
lala land.
Money is simpy a representation of an asset held by the government,
historically gold or silver. hence the gold vaults at Fort Knox and
the silver vault at West Point. The arguments that led the US to
depart from the gold and silver standards were the biggest scams ever
perpetrated on the American public.
Jim, there is a very simple reason why our country is in the desperate
condition it is now: The selling-off of American assets in order to
make short term profits...little assets such as our iron and steel
industries, heavy machinery, intellectual property rights for
television, entertainment devices and computer chips/computers. It
isn't rocket science to figure out that without industry creating
jobs, there will be no jobs except at some fast food joints, and today
even they are hurting!
Enough of the rant... Still think about cause and effect.
You can learn more about what is happening in the United States by
watching the nature of today's TV advertising rather than the news
programs.
Actually, it takes some serious reading to understand.
It takes only two terms of economics at any major university to
understand, or a year of two operating a business.
BTW, money is not 'printed'. It is lent into existence through the
banking system.
Money is printed by the US goverment on the believe that banks loans
from China and other places will back it up. In the event of a war
with any of the lender nations, the value of an American dollar will
become equal to that of a Confederate dollar.
Read Bache's textbok "Introduction to Economics" or even Adam Smith's
"Wealth of Nations".
Harry C.
p.s., The American people are just now starting to recognize that "The
king has no clothes", and that most of their elected representatives
in Washington are nothing but corrupt and clueless. The pendulum is
starting to swing back.
.
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