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Old 04-06-2011, 02:11 PM
 
2,541 posts, read 2,738,079 times
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Our 'money' should be debt-free and backed by the faith in our government and workers - we should use it to purchase goods based on that premise - we should NOT have to borrow our 'money' from private bankers, and pay them back with tax dollars collected on our labor.

Why are Ron Paul and Dennis Kucinich the only Congressmen who are talking about it?

RON PAUL AND MONEY - Why he wants to abolish the Fed and the Income Tax

Kucinich introduced "End the Fed" legislation - HR6550 "NEED Act"

Last edited by freefall; 04-06-2011 at 03:18 PM..

 
Old 04-06-2011, 06:22 PM
 
2,541 posts, read 2,738,079 times
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Why are there no comments - this is about the most important topic that exists today - the destruction of our economy
 
Old 04-06-2011, 06:27 PM
 
1,230 posts, read 1,039,243 times
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Quote:
Originally Posted by freefall View Post
Why are there no comments - this is about the most important topic that exists today - the destruction of our economy
Absolutely. I have posted before that people should watch Money Masters and Money as Debt- available on youtube. It seems that most of us simply do not know how the current system works and that it is unnecessary to be held hostage to it. They do not teach us about this in school.

http://www.youtube.com/watch?v=lXb-LrVkuwM

http://www.youtube.com/watch?v=Dc3sKwwAaCU
 
Old 04-06-2011, 06:44 PM
 
15,066 posts, read 8,627,795 times
Reputation: 7427
Quote:
Originally Posted by freefall View Post
Our 'money' should be debt-free and backed by the faith in our government and workers - we should use it to purchase goods based on that premise - we should NOT have to borrow our 'money' from private bankers, and pay them back with tax dollars collected on our labor.

Why are Ron Paul and Dennis Kucinich the only Congressmen who are talking about it?

RON PAUL AND MONEY - Why he wants to abolish the Fed and the Income Tax

Kucinich introduced "End the Fed" legislation - HR6550 "NEED Act"
Probably because the topic shows that the democrats and republicans ... liberals and false conservatives are equally complicit in this heist ... and the vast majority are neck deep in the false left-right argument. They prefer to point fingers and insult each other, rather than really examine issues legitimately.

Or, to sum it up in fewer words .... "Thinking is hard work, which is why you don't see many people doing it." - Sue Grafton - American Novelist.
 
Old 04-06-2011, 09:15 PM
 
10,854 posts, read 9,299,628 times
Reputation: 3122
Quote:
Originally Posted by freefall View Post
Our 'money' should be debt-free and backed by the faith in our government and workers - we should use it to purchase goods based on that premise - we should NOT have to borrow our 'money' from private bankers, and pay them back with tax dollars collected on our labor.

Why are Ron Paul and Dennis Kucinich the only Congressmen who are talking about it?

RON PAUL AND MONEY - Why he wants to abolish the Fed and the Income Tax

Kucinich introduced "End the Fed" legislation - HR6550 "NEED Act"

More hysteria for people from alarmists who want to go back to a 19th century financial system to deal with 21st century problems.

By the the way the FED actually CONTRIBUTED to the United States Treasury last year.
 
Old 04-06-2011, 09:22 PM
 
69,368 posts, read 64,093,273 times
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Quote:
Originally Posted by freefall View Post
Our 'money' should be debt-free and backed by the faith in our government and workers - we should use it to purchase goods based on that premise - we should NOT have to borrow our 'money' from private bankers, and pay them back with tax dollars collected on our labor.
Several flaws with your posting
1) The money is backed by the faith of the government.
2) Abolishing the FED wont limit our needs to borrow from private bankers. We are running TRILLION dollar deficits. Either we borrow it, or we print it, and I dont think we'd like the effects on inflation if we printed that much money yearly adding it into circulation.
 
Old 04-06-2011, 09:28 PM
 
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"backed by the faith of the government",care to clarify?
 
Old 04-06-2011, 10:14 PM
 
2,541 posts, read 2,738,079 times
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Quote:
Originally Posted by JazzyTallGuy View Post
More hysteria for people from alarmists who want to go back to a 19th century financial system to deal with 21st century problems.

By the the way the FED actually CONTRIBUTED to the United States Treasury last year.
If there is anything more 'hysterical' than paying trillions in sweat labor to pay private bankers for the priviledge of them printing money out of thin air and lending it to us with interest, I would like to know about it. The same scam that traps us trillions in debt, traps third world countries billions in debt to the IMF bankers. There is no need to use banks as intermediaries for world trade commerce. that can be negotiated between countires, based on national collateralization of resources and gdp. National banks are necessary for this prupose, not private banking interests who hold country's economies hostage to debt.

The FED contributed to the Treasury? You mean they 'bought' some treasuries by reducing some of the owed debt on their computers?
 
Old 04-06-2011, 10:16 PM
 
15,066 posts, read 8,627,795 times
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Quote:
Originally Posted by pghquest View Post
Several flaws with your posting
1) The money is backed by the faith of the government.
2) Abolishing the FED wont limit our needs to borrow from private bankers. We are running TRILLION dollar deficits. Either we borrow it, or we print it, and I dont think we'd like the effects on inflation if we printed that much money yearly adding it into circulation.
We wouldn't need as much money if there were no FED private bankers STEALING most of it, and sending it off to other European PRIVATE BANKS.

Or didn't you get the memo about that?
 
Old 04-06-2011, 10:19 PM
 
15,066 posts, read 8,627,795 times
Reputation: 7427
Quote:
Originally Posted by JazzyTallGuy View Post
More hysteria for people from alarmists who want to go back to a 19th century financial system to deal with 21st century problems.

By the the way the FED actually CONTRIBUTED to the United States Treasury last year.
REALLY ? What, pray tell did they contribute?
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