FINANCE FASCISM has given the money franchise (the right to
print money out of thin air) to the Federal Reserve Legacy elite
(The banking families that first formed the Federal
Reserve).
This system uses debt money creation out of thin air and then
CHARGES INTEREST for the fiat money it created! These interest
payments for the CREATION of money kill an economy (remember that
loans in our economy are not "loans of real assets" to
creditworthy individuals, but the actual CREATION of NEW MONEY out
of thin air). These interest payments suck all productivity out of
the system because they are payments on money that doesn't exist,
never existed, and that hasn't been created through
productivity our savings.
If someone saves a portion of their productivity and then wants to
lend it out at interest,
this is true
capitalism- capital has been CREATED through productivity and
savings.
YOU CANNOT CREATE CAPITAL (or have a "capitalist" economy) by
loaning fiat promissory notes that are created as a simple data
entries in a central bank computer!!!!!!!!!!!!!!
THERE IS NO CAPITAL IN OUR SYSTEM -
that
is the problem we currently face.
DEBT
CANNOT and WILL NEVER BE "CAPITAL".
THE BANKS DO NOT LOAN REAL ASSETS - they take real assets out of
the economy in the form of interest payments charged on worthless
loans. IT IS THE AMERICAN PEOPLE WHO PROVIDE THE REAL ASSETS
THROUGHT THEIR LABOR - THEY PAY FOR THE ENDLESS STREAM OF
INTEREST ON THE PHONEY DEBT.
AGAIN - DEBT IS NOT CAPITAL!IT IS slavery
.
PEOPLE HAVE TO WAKE UP AND STOP WITH ALL THE "ISMS".
Of course the banking elite called the system "capitalist" because
THEY OWN THE RIGHT TO PRODUCE ALL the so-called CAPITAL AND CHARGE
FOR IT.
THEY WON"T EVEN PAY YOU FOR YOUR OWN SAVINGS/CAPITAL
anymore because WHY SHOULD THEY IF THEY CAN JUST MAKE MORE OF THEIR
OWN “capital” with a few bookkeeping ENTRIES IN A
COMPUTER!
THIS IS REALLY IMPORTANT TO GRASP -
THEY DO NOT NEED YOUR CAPITAL BUT THEY DO NEED YOUR LABOR.
Slavers never had it so good. You guys line up in defense of
"capitalism" and so defend your own endless enslavement through
interest payments and TAXES that only go to pay the INTEREST on the
FAKE MONEY MACHINE!
FREE MARKETS and capital creation can only co-exist IF the money
supply is also traded and created freely. The constitution clearly
provides that THE PEOPLE issue the money.
There are other options than just the silly dualisms that people
latch on to.
If you want a free economy you will have to rid yourself of the
fake dualities that frame the American Mind.
Yes mac and now they have used up as much "capitalism" in the US
as possible and are moving onto the next new form of "capitalism"
in China.....high value labor and will leave the US citizens and
their children with debts that will never be repaid and a worthless
currency..
of "socialism" and "capitalism" when these fake dualities are
just used as propaganda to control the American People and keep
them in debt and wage slavery?
steve -- since you bring it up -- I don't know -- compared to
many western socialist countries we have extremely high health care
costs, embarrassingly high infant mortality,
high percentage of population suffering hunger, decaying
infrastructure.............
I agree, although I cannot help having a good chuckle every time
I hear one of my American friends referring to "Socialist"
countries, meaning pretty much all of Western Europe. You won't
find anyone in Germany, for example, where I currently live, saying
that they live in a "socialist" system. The late, unlamented German
"Democratic" Republic was a socialist state. We have a free market
economy with certain strong social welfare aspects. The opposition
Social Democratic Party is not the political home of German
socialists - they belong to the Left Party. We didn't nationalise
our car manufacturers or major banks in the course of this
financial crisis. Believe me, this system is also far from perfect,
but the US has shown over many decades that its system isn't the
answer either.
I do find the differing definitions of the term "socialism"
intriguing, though!
Posted by dallassteve on 9th of Dec 2009 at 09:49 am
You are right that many Americans use the word "socialism"
loosely to indicate more government control. This trend has
been continuous since the founding of this country, and certainly
since FDR. Just as we watch trendlines on stocks, I wonder if
we can break this trendline.
On a more intellectual level, I think a better definition of
socialism is the application of Marxist thought to government.
Anyone who thought Marxism was dead after the fall of the
Berlin wall and the demise of the Soviet Union is having a rude
wake-up call. I am continually amazed at the U.S.
politicians, cabinet officials, czars, etc, giving honor to Marxist
ideas. I run a small business, and I am wondering if our
government still believes in "free enterprise."
According to the Legatum Prosperity Index
(http://www.prosperity.com/rankings.aspx), the 8 most prosperous
countries in the world certainly lean toward socialism. All
have socialized medicine, education, etc. The US is #9.
How True
Posted by steve on 9th of Dec 2009 at 12:16 am
"The trouble with Socialism is that eventually, you will run out of other people's money."
-Margaret Thatcher
The trouble with our so called "capitalism" is that it really is FINANCE FASCISM
Posted by macnsc on 9th of Dec 2009 at 10:21 am
FINANCE FASCISM has given the money franchise (the right to print money out of thin air) to the Federal Reserve Legacy elite (The banking families that first formed the Federal Reserve).
This system uses debt money creation out of thin air and then CHARGES INTEREST for the fiat money it created! These interest payments for the CREATION of money kill an economy (remember that loans in our economy are not "loans of real assets" to creditworthy individuals, but the actual CREATION of NEW MONEY out of thin air). These interest payments suck all productivity out of the system because they are payments on money that doesn't exist, never existed, and that hasn't been created through productivity our savings.
If someone saves a portion of their productivity and then wants to lend it out at interest, this is true capitalism - capital has been CREATED through productivity and savings.
YOU CANNOT CREATE CAPITAL (or have a "capitalist" economy) by loaning fiat promissory notes that are created as a simple data entries in a central bank computer!!!!!!!!!!!!!!
THERE IS NO CAPITAL IN OUR SYSTEM - that is the problem we currently face. DEBT CANNOT and WILL NEVER BE "CAPITAL".
THE BANKS DO NOT LOAN REAL ASSETS - they take real assets out of the economy in the form of interest payments charged on worthless loans. IT IS THE AMERICAN PEOPLE WHO PROVIDE THE REAL ASSETS THROUGHT THEIR LABOR - THEY PAY FOR THE ENDLESS STREAM OF INTEREST ON THE PHONEY DEBT.
AGAIN - DEBT IS NOT CAPITAL! IT IS slavery .
PEOPLE HAVE TO WAKE UP AND STOP WITH ALL THE "ISMS".
Of course the banking elite called the system "capitalist" because THEY OWN THE RIGHT TO PRODUCE ALL the so-called CAPITAL AND CHARGE FOR IT. THEY WON"T EVEN PAY YOU FOR YOUR OWN SAVINGS/CAPITAL anymore because WHY SHOULD THEY IF THEY CAN JUST MAKE MORE OF THEIR OWN “capital” with a few bookkeeping ENTRIES IN A COMPUTER!
THIS IS REALLY IMPORTANT TO GRASP - THEY DO NOT NEED YOUR CAPITAL BUT THEY DO NEED YOUR LABOR. Slavers never had it so good. You guys line up in defense of "capitalism" and so defend your own endless enslavement through interest payments and TAXES that only go to pay the INTEREST on the FAKE MONEY MACHINE!
FREE MARKETS and capital creation can only co-exist IF the money supply is also traded and created freely. The constitution clearly provides that THE PEOPLE issue the money.
There are other options than just the silly dualisms that people latch on to.
If you want a free economy you will have to rid yourself of the fake dualities that frame the American Mind.
Yes mac and now they
Posted by dylan398 on 9th of Dec 2009 at 10:36 am
Yes mac and now they have used up as much "capitalism" in the US as possible and are moving onto the next new form of "capitalism" in China.....high value labor and will leave the US citizens and their children with debts that will never be repaid and a worthless currency..
you got it dylan - so why keep using these rediculous terms
Posted by macnsc on 9th of Dec 2009 at 10:43 am
of "socialism" and "capitalism" when these fake dualities are just used as propaganda to control the American People and keep them in debt and wage slavery?
There's another Thatcher quote
Posted by stockman14 on 9th of Dec 2009 at 08:50 am
There's another Thatcher quote
"If your only opportunity is to be equal, then it is not opportunity."
I thought this an excellent insight. How socialism does slander achievement with talk of "equality"...
steve -- since you bring
Posted by Michael on 9th of Dec 2009 at 08:20 am
steve -- since you bring it up -- I don't know -- compared to many western socialist countries we have extremely high health care costs, embarrassingly high infant mortality, high percentage of population suffering hunger, decaying infrastructure.............
Public education, public medicine, same thing, relax and get used to it...
Posted by captmet on 9th of Dec 2009 at 09:28 am
That's my point - the
Posted by steve on 9th of Dec 2009 at 09:03 am
That's my point - the US has been gradually moving towards socialism.
Michael
Posted by isplat on 9th of Dec 2009 at 08:55 am
I agree, although I cannot help having a good chuckle every time I hear one of my American friends referring to "Socialist" countries, meaning pretty much all of Western Europe. You won't find anyone in Germany, for example, where I currently live, saying that they live in a "socialist" system. The late, unlamented German "Democratic" Republic was a socialist state. We have a free market economy with certain strong social welfare aspects. The opposition Social Democratic Party is not the political home of German socialists - they belong to the Left Party. We didn't nationalise our car manufacturers or major banks in the course of this financial crisis. Believe me, this system is also far from perfect, but the US has shown over many decades that its system isn't the answer either.
I do find the differing definitions of the term "socialism" intriguing, though!
socialism
Posted by dallassteve on 9th of Dec 2009 at 09:49 am
You are right that many Americans use the word "socialism" loosely to indicate more government control. This trend has been continuous since the founding of this country, and certainly since FDR. Just as we watch trendlines on stocks, I wonder if we can break this trendline.
On a more intellectual level, I think a better definition of socialism is the application of Marxist thought to government. Anyone who thought Marxism was dead after the fall of the Berlin wall and the demise of the Soviet Union is having a rude wake-up call. I am continually amazed at the U.S. politicians, cabinet officials, czars, etc, giving honor to Marxist ideas. I run a small business, and I am wondering if our government still believes in "free enterprise."
According to the Legatum Prosperity
Posted by algyros on 9th of Dec 2009 at 06:09 am
According to the Legatum Prosperity Index (http://www.prosperity.com/rankings.aspx), the 8 most prosperous countries in the world certainly lean toward socialism. All have socialized medicine, education, etc. The US is #9.
But, shouldn't this thread by in OT?
No problem there - just
Posted by steveh on 9th of Dec 2009 at 04:31 am
No problem there - just print some more.