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Old 06-11-2010, 06:36 PM
 
Location: The Woods
18,358 posts, read 26,495,840 times
Reputation: 11351

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Quote:
Originally Posted by ian6479 View Post
I couldn't agree more. All Cameron can see is that the UK is overdrawn and we must pay it off as soon as possible - all the damage that will be caused because of this is Labour's fault for spending so much. His understanding of economics is terrifying, and isolationist stance even more so.
You can't spend other people's money forever. The banks own the UK just like they're doing to every Western country, because of overspending. Debt is slavery.
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Old 06-12-2010, 08:22 PM
 
14,247 posts, read 17,922,570 times
Reputation: 13807
Where Labour is concerned, the past is another country ........

Where Labour is concerned, the past is another country - Herald Scotland | Comment | Iain Macwhirter
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Old 06-14-2010, 07:05 AM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
Reputation: 1750
Quote:
Originally Posted by arctichomesteader View Post
You can't spend other people's money forever. The banks own the UK just like they're doing to every Western country, because of overspending. Debt is slavery.
You know money is created by the issuing of debt right?

No debt= no money.
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Old 06-14-2010, 11:49 AM
 
Location: The Woods
18,358 posts, read 26,495,840 times
Reputation: 11351
Quote:
Originally Posted by archineer View Post
You know money is created by the issuing of debt right?

No debt= no money.
Only recently when private banks were given control over countries' money. It doesn't have to be that way either. For instance until federal reserve notes completely replaced silver and gold certificates and U.S. notes, there was no debt associated with creating money in the U.S..
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Old 06-14-2010, 02:35 PM
 
3 posts, read 4,115 times
Reputation: 10
blair , how can that ba....d sleep at nights
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Old 06-15-2010, 06:13 AM
 
Location: London, U.K.
3,006 posts, read 3,870,831 times
Reputation: 1750
Quote:
Originally Posted by arctichomesteader View Post
Only recently when private banks were given control over countries' money. It doesn't have to be that way either. For instance until federal reserve notes completely replaced silver and gold certificates and U.S. notes, there was no debt associated with creating money in the U.S..
I agree completely. However you'd have nationalise banks to have the state issue money.
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Old 06-15-2010, 07:24 AM
 
Location: New England
8,155 posts, read 21,006,712 times
Reputation: 3338
Greed is the culprite, which leads to corruption the second problem.

They are not exclusive to any party, but to people looking for power and wealth at any cost. You see it in the labor parties, you see it in the capitalists.

This all stems from a loss of moral clarity and the willingness to do what's right, even when no one is looking or you have the "right" to do so.

Just because your wife gives you permission to sleep around, doesn't make it right. How many would stand the high ground and say "no thanks" and how many would "jump at the chance."

When you figure out what drives and regulates the individual and polar opposite mindsets above and you'll see the solution to the mess.
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