Jack Evers wrote:Jack,

Shame on you for allowing the facts to interfear with anyones hissy fit. That is only one step shy of letting the facts interfear with someones belief system.

Jack Evers wrote:
Forget the math, just send us each $425,000, just round it off and make it 500,000.00. I am willing to pay 30% taxes on that or even make it a low interest .5% loan and taxes.

Heck of alot better idea than rewarding big buisness with a bail out and then increasing our taxes with nothing to show for it.

Bartering is also great idea.

Just think guys, what if we ran our businesses the way they have ran the economy, would we survive!!!

Jason Maki wrote:
You are absolutely right. The money IS worthless. Not one single federal reserve note is backed by any tangible form of currency. The federal reserve is a private bank that encurages all this irisposability. They make 'money' out of thin air, and make a killing doing it. When they print more money interest rates go down (between lending institutions, not for you and I) the fed board makes more money, and inflation goes up. So when inflation goes up the economy goes south again, so lets lower interest rates to stimulate the economy by injecting more worthless money into it! Wooo!!! See a trend?

The inflation tax hits home! Your dollar is not worth what it was a year ago, that means that you've been taxed without them touching your money. THey have taken a portion of it.

Compounding the problem is that these lenders are able to lend money that does NOT exist. They lend money that has never been printed. Fractional lending is a huge part of the problem. Could I tell Phil that I can loan him $10,000 if I only have $999? Of course not, but banks do it everyday. If you lend money you dont have you deserve to eat dirt in the end.

Bailing these guys out might seem like a good idea to some, but they have to get the money from somewhere. This is how governments take over the private sector. Its call socialism it's called communism. If you dont have the final say about where your dollar goes you are a slave to somebody.


-josh

Jake Whitman wrote:
It wasn't a single tax but rather a long series of events centered around Britan's efforts to not only collect taxes but maintain control.

SlowShoe wrote:
That's exactly right Joah. It's called fiat money. No intrinsic wealth other than by political decree and throughout history, virtually every single one of them has hyperinflated and collapsed.
Let's say I'm a country and I decide I need some kind of currency.
...so let me seee....I'll hire me a bank.

"Hello, I'm The United Cornfields of Equus. I need to hire me a bank to supply my country with currency. Can you help me with that?"

"Why yes we can."

"Good. I need &100."

"So your currency will be &'s?"

"Yes".

"Okay, well we'll need to collateral for these &'s and it costs some to print it and we expect you to pay us back for it, with interest."

"Okay, whatever. You're my bank."

"Good. Here's your &100 and the bill for the printing and interest."

"It says I owe you &107. But there are only &100 in the whole Cornfield."

"We'll have to print some more then."

"Okay Print me up &7 more so I can pay you back."

*poof*

"Okay, here's your &7 and the bill for the printing and the interest. That'll be &8."

"But......."

Has it started to sink in to any of you yet that we CANNOT EVER win this one?

“The Congress shall have Power…To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures.”

NOT a privately owned bank. The Pederal Reserve is owned by other banks..NOT an entity of the government.
Look it up in the phone book. It's not part of an government agency.
Courts have already ruled on this.

http://www.apfn.org/APFN/fed_reserve.htm

http://www.save-a-patriot.org/files/view/frcourt.html

Just google federal reserve privately owned.

For those of you who keep up w/ such things, a curious note. Countrywide Financial is looking for a Security Manager. Seems the job description is geared toward workplace violence and 'babysitting' the corporate boss's. Now if CW is being sold to Bank of America just how many cranky campers is BA gonna have to deal with when the 'ax' comes around ? Sign of the times.