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I used to think more or less way you do when I was younger. But my views have changed considerably since the 70s.
Companies are potentially just as "evil" as governments. In both cases, the bigger and powerful they get, the more dangerous they get.
I don't like any banks. Where there is lots of money, there are problems in the making...
(I don't watch videos expect for music. So summarize whatever that ugly geezer said if you want me to consider it )
Hmm, I said companies were just as evil, what is it that I think?
If a company had to cover their liability, be liable for their harm, pay 100% of their way without subsidies and government privilege, they would have a very difficult time becoming "evil".
The video is about Ending the Fed, NOT using gold but having the government issue debt free currency directly, bypassing the private banks.
Also ending fractional reserve banking, banks would not be able to make profit Soley because they are able to create money out of thin air. They would need a dollar in capital for every dollar lent.
hilgi:"If a company had to cover their liability, be liable for their harm, pay 100% of their way without subsidies and government privilege, they would have a very difficult time becoming "evil"."
Amen. A perfect example was Arthur Anderson, who earned their fate, by not abiding by a core principle..I cannot effectively audit a corp when I make even more from them "consulting". The gov't did not do a GM on them (Thank God!!), and bail them out, the partners had equity stakes, and you can bet, most went from a very positive net worth, and high 6 or even 7 figure incomes, to negative net worth and no income in no time flat. Since than, remaining auditing firms are doing what they should have all along..not having the same equity players involved with both auditing and consulting. No harm in either business, but combining them would be like the home baseball team paying the MLB ump for the night, paying his airfare, his travel, his meals, etc.
Hmm, I said companies were just as evil, what is it that I think?
If a company had to cover their liability, be liable for their harm, pay 100% of their way without subsidies and government privilege, they would have a very difficult time becoming "evil".
The video is about Ending the Fed, NOT using gold but having the government issue debt free currency directly, bypassing the private banks.
Also ending fractional reserve banking, banks would not be able to make profit Soley because they are able to create money out of thin air. They would need a dollar in capital for every dollar lent.
No. From your post I concluded you think government is the problem, a kind of evil. Thus I said that the same applies to companies, private can be just as evil as public. Both are actually pretty similar, both companies (except small, family-run ones maybe) and governments are run by control freaks and psychopaths.
I am in favor of preventing any debt in the first place. But then again, debt is just numbers that we give way too much importance. It doesn't really exist. Debt made sense when people could still remember exactly whom they owed how much. But there has been an incredible "inflation" of debt, it is just absurd for one entity (country, company or whatever) to owe another billions or trillions of whatever currency. Delete all hard drives on earth and all none personal debt disappears
Yes, I do read But sorry, not such stuff. Gee, my life is just 80 or so years long. Why would I waste my time on something as dry as that when I can close my eyes and think of something nice? Nor would I pay a single dollar for such a book when elsewhere someone is dying because they lack a dollar worth of food or medicine
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Companies are potentially just as "evil" as governments. In both cases, the bigger and powerful they get, the more dangerous they get.
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You are correct. That's where the role of government comes into play. Government exists to provide a level playing field and to provide an environment where people and companies can compete with equal opportunity.
You are correct. That's where the role of government comes into play. Government exists to provide a level playing field and to provide an environment where people and companies can compete with equal opportunity.
But that is not what is going on today.
Large companies are using the government to create roadblocks to competition from the smaller guys via regulations and red tape.
A certain amount of regulations..yes, but not what we have today.
What we have today keeps many from starting due to the huge cost.
No. From your post I concluded you think government is the problem, a kind of evil. Thus I said that the same applies to companies, private can be just as evil as public. Both are actually pretty similar, both companies (except small, family-run ones maybe) and governments are run by control freaks and psychopaths.
I understand, most here do side up by two teams, hence why I often confuse people.
Quote:
Originally Posted by Neuling
I am in favor of preventing any debt in the first place. But then again, debt is just numbers that we give way too much importance. It doesn't really exist. Debt made sense when people could still remember exactly whom they owed how much. But there has been an incredible "inflation" of debt, it is just absurd for one entity (country, company or whatever) to owe another billions or trillions of whatever currency. Delete all hard drives on earth and all none personal debt disappears
Our national income is $12 trillion and we owe $57 trillion not counting unfunded entitlements. Not good.
Quote:
Originally Posted by Neuling
Yes, I do read But sorry, not such stuff. Gee, my life is just 80 or so years long. Why would I waste my time on something as dry as that when I can close my eyes and think of something nice? Nor would I pay a single dollar for such a book when elsewhere someone is dying because they lack a dollar worth of food or medicine
That is too bad. So you would rather spend 80 years rehashing the same team oriented arguments, that in reality will help no one, as opposed to learning about things that could if enacted save our world?
The will to a system is a lack of integrity - paraphrasing the words of Friedrich Nietzsche.
Probably both socialism and capitalism work well in theory. But within each system are the maggots that exploit for their own selfish gain.
Maybe the caveman had the perfect solution.
But that is not what is going on today.
Large companies are using the government to create roadblocks to competition from the smaller guys via regulations and red tape.
A certain amount of regulations..yes, but not what we have today.
What we have today keeps many from starting due to the huge cost.
Yes, no doubt.
Government regulations are not only a huge overhead on business, they are ineffective.
Layers and layers and layers of regulations have not stopped the Madoff's of the world. That's the problem with bigger and bigger government.
We need to eliminate regulations that tell business what they can sell, the price they can charge and when they can open their business.
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But sorry, not such stuff. Gee, my life is just 80 or so years long. Why would I waste my time on something as dry as that when I can close my eyes and think of something nice? 
