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02-10-2009, 05:14 PM
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Senior Member
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Join Date: Oct 2008
2,905 posts, read 819,094 times
Reputation: 949
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I have found my favorite congressmen.
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02-10-2009, 05:16 PM
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Not a member
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Join Date: Sep 2008
Location: Virginia
931 posts, read 638,849 times
Reputation: 285
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I bet you voted for Obama too.  |
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02-10-2009, 05:20 PM
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Senior Member
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Join Date: Feb 2008
Location: Chino, CA
1,422 posts, read 826,963 times
Reputation: 466
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Quote:
Originally Posted by gwynedd1
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Interesting gwynedd1... it appears that there's "somebody" in Congress that subscribes to your view  |
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02-10-2009, 05:26 PM
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Senior Member
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Join Date: Apr 2008
Location: Arizona
2,044 posts, read 1,337,424 times
Reputation: 511
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Quote:
Originally Posted by gwynedd1
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Good old Dennis.  |
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02-10-2009, 05:32 PM
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Do Not Steal, the socialists hate competition
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Join Date: Oct 2007
Location: Here today, gone tomorrow
5,565 posts, read 2,665,788 times
Reputation: 1286
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Hahahaha.... are you kidding me? Interest "free".... so basically I borrow and will NEVER pay it back since its interest free... I just default on the monthly payments without risk... hahahaha... I pay it back whenever I want to...
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02-10-2009, 05:41 PM
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Senior Member
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Join Date: Jul 2006
572 posts, read 453,093 times
Reputation: 848
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Quote:
Originally Posted by gwynedd1
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Yep, in the midst of all the tail chasing that's going on in congress and all the media, without much press there's the one answer towards correcting the problem on a long term basis. What kind of traction does that idea get in the media and government? None. No surprises here. We're truly effed. Everybody associates the idea with the eccentric's reputation of said senator and everybody laughs off the real solution.
It's kinda like Jesus you know, the carpenter in the corner with the tinfoil hat, you know the guy we crucified 3 days ago?...Turns out he was God......  |
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02-10-2009, 06:03 PM
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Senior Member
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Join Date: Oct 2008
2,905 posts, read 819,094 times
Reputation: 949
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Quote:
Originally Posted by evilnewbie
Hahahaha.... are you kidding me? Interest "free".... so basically I borrow and will NEVER pay it back since its interest free... I just default on the monthly payments without risk... hahahaha... I pay it back whenever I want to...
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With all do respect evilnewbie,
You do not know what an interest free currency is. I have to eat dinner now so I will explain later. |
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02-10-2009, 06:17 PM
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Senior Member
Status:
"Woo hoo! My first star!!"
(set 3 days ago)
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Join Date: Jul 2008
Location: AR/hell
6,516 posts, read 2,009,512 times
Reputation: 1818
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Now I love Dennis but I can't support him on this one.
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02-10-2009, 06:22 PM
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Senior Member
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Join Date: Oct 2008
2,905 posts, read 819,094 times
Reputation: 949
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Quote:
Originally Posted by LiveTodayLez08
Now I love Dennis but I can't support him on this one.
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Hi LiveTodayLez08,
Please explain why. |
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02-10-2009, 06:31 PM
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Senior Member
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Join Date: Oct 2008
2,905 posts, read 819,094 times
Reputation: 949
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Quote:
Originally Posted by evilnewbie
Hahahaha.... are you kidding me? Interest "free".... so basically I borrow and will NEVER pay it back since its interest free... I just default on the monthly payments without risk... hahahaha... I pay it back whenever I want to...
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Hi evilnewbie,
OK what is meant by this is money at the point of creation should not be at a debt. As of now even people with money and no debt are dependent on another's debt since money is currently loaned into existence. Traditional token based currency may still be loaned out but it is not created by loaning it out.
The basic problem is as a society all of our salaries, wages and tips originate from a bank loan which was produced at the interest of the loan. Thus all money in circulation is rented by someone from a bank. This has several problems one of which is only the principle is created but the principle + interest is owed. This means perpetual growing debt or default for a society.
Last edited by gwynedd1; 02-10-2009 at 06:50 PM..
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