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Originally posted by EarthCitizen07
True, but if you happen to issue money then you control everything, including the government. This is true with the FED because it IS private.
Last time I checked, corporations and individuals are not the same.
Further it is important to distinguish wealth caps from anti-trust laws. They are quite different concepts. One implies you can't make more than X dollars while the other suggests unfair/unethical business practice.
Originally posted by Jenna
the physical representation of that wealth belongs to the government.
Why?
That is communism!
People are not entitled to anything for free, unless they can't work and need welfare payments. Too often people compare invalids with lazy bums and that is unfortunate.
Originally posted by EarthCitizen07
reply to post by ExistenceUnknown
Why do conservatives feel the need to emphasize the lazy bums when discussing welfare? Further what percentage of the welfare recipients are lazy bums versus invalids? A lot of people need state/federal assistance and it would be a shame denying them, especially if they need it....
Originally posted by EarthCitizen07
As for cutting out wasteful spending within social programs that is a no-brainer but as I said earlier I am quite certain government WANTS all social programs to fail so they can privatise them.
For example, a lot of city hospitals used to be public and now they are private hmo. Healthcare costs keep going up in the name of *free enterprise* yet a large portion of the population cannot afford to get proper treatment. They can't deny you treatment but you'll end up having your pay garnished for years...much like child allimony!
Originally posted by Jenna
Originally posted by EarthCitizen07
True, but if you happen to issue money then you control everything, including the government. This is true with the FED because it IS private.
The government isn't actually supposed to control anything. They are supposed to be our employees, not a free-standing entity that does as it pleases.
Originally posted by Jenna
Why does the physical representation belong to the government? Because they print it and our dollars are only legal tender in this country, though other countries will exchange them for their legal tender. If we were using some other form of physical representation like rocks, seashells or chunks of gold, it wouldn't belong to the government because they'd have nothing to do with it's creation.
Originally posted by Jenna
Originally posted by EarthCitizen07
That is communism!
Actually, it's socialism. Close enough for me though.
Originally posted by ExistenceUnknown
These problems are a result of a government to large to manage and a corporate America with it's hand in the cookie jar. Do away with one of these and the other problem disappears.
[edit on 6-5-2010 by ExistenceUnknown]
Originally posted by EarthCitizen07
If the government has no control then we have anarchy.
If there are people above the government, that CONTROL the government, then we have a covert dictatorship. The Federal Reserve Bank of America is the covert dictator and our ELECTED government officials are THEIR stooges.
I got you big time here...
We have a private central bank, not a state/national bank! Please research and learn.
If you don't understand the difference between facism, capitalism, socialism and communism it will take me a long time to explain and I doubt you even care.
Real socialism would imply *a government by the people, for the people* and is what our fore-fathers had in mind when they wrote the constituition.
Originally posted by Jenna
The government of the US was intended to be ran by the people, not by the few who get elected and think they can do whatever they want. It was intended to safeguard our rights, not abuse them. That is not a dictatorship, that's a government "by the people, for the people".
I got you big time here...
Originally posted by Jenna
That changes that our government owns those little pieces of paper we use as physical representations of our wealth how?
Originally posted by Jenna
Socialism is an economic thing, not a political philosophy.
Originally posted by Jenna
Absolutely positively incorrect. The forefathers intended to give us a Republic. Not a socialist state. Take your own advise and do some research and learn.
Originally posted by EarthCitizen07
It seems your confused. Pretty much everything you wrote the past 2-3 posts was riddled with misconceptions and contradictions.
A republic differs from a democracy in that it safe-guards the majority from impossing their will on the minority. I am NOT arguing if we have a democracy or republic because WE HAVE NEITHER! We have the FED shareholders DICTATING their will on "our" elected officials.
Real socialism would imply *a government by the people, for the people* and is what our fore-fathers had in mind when they wrote the constituition.
Because the FED, as well as many other companies, PAY for "our" elected officials from the money THEY CREATE! The FED prints all the money it needs to bribe anyone it wants. Get it? Its really simple.
]Originally posted by Jenna
Socialism is an economic thing, not a political philosophy.
A republic is a political system as is a democracy, monarchy or dictatorship.
You can have a socialist republic, communist republic or a capitalist republic. You can have a socialist democracy, communist democracy or a capitalist democracy. Etc!
Originally posted by Jenna
Originally posted by EarthCitizen07
Real socialism would imply *a government by the people, for the people* and is what our fore-fathers had in mind when they wrote the constituition.
We were intended to be a Republic, which is what I said in my last post. Here you claimed we were intended to be a socialistic country when that is simply not the case.
Originally posted by Jenna
Originally posted by EarthCitizen07
Because the FED, as well as many other companies, PAY for "our" elected officials from the money THEY CREATE! The FED prints all the money it needs to bribe anyone it wants. Get it? Its really simple.
I'm not even sure what you're arguing anymore, to be honest with you. You asked why the government owns the physical representation of our wealth, I answered that they own it because they print it and it is only legal tender on US soil, and I don't get how this response disproves what I said.
Originally posted by Jenna
Socialism is an economic thing, not a political philosophy
I know it is. Doesn't explain why you tried to tell me I didn't know what I was talking about when I said wealth belonging to everyone is socialism and not communism though....
Originally posted by Jenna
Originally posted by EarthCitizen07
A republic is a political system as is a democracy, monarchy or dictatorship.
You can have a socialist republic, communist republic or a capitalist republic. You can have a socialist democracy, communist democracy or a capitalist democracy. Etc!
How does this disprove what I said?
Originally posted by EarthCitizen07
I am quite certain our fore-fathers wanted the usa to be a socialist republic. The socialist aspect is in regard to our economy and the republic aspect is in regard to politics.
The FED is NOT a government agency, it is a PRIVATE central bank.
FederalReserve.gov
The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution. Instead, it is an independent entity within the government, having both public purposes and private aspects.
As the nation's central bank, the Federal Reserve derives its authority from the U.S. Congress. It is considered an independent central bank because its decisions do not have to be ratified by the President or anyone else in the executive or legislative branch of government, it does not receive funding appropriated by Congress, and the terms of the members of the Board of Governors span multiple presidential and congressional terms. However, the Federal Reserve is subject to oversight by Congress, which periodically reviews its activities and can alter its responsibilities by statute. Also, the Federal Reserve must work within the framework of the overall objectives of economic and financial policy established by the government. Therefore, the Federal Reserve can be more accurately described as "independent within the government."
Because you are implying socialism and communism are the same thing, or almost the same thing. Guess what...your wrong! They are different systems.
Mind games or what? If you don't know what a socialist republic is then look it up. You could say they wanted a capitalist republic but I will remain inclined to not believe that.