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...These geniuses are not even smart enough to make that choice when a ten year old would make the right choice in that situation. This is the brain trust running this country....
..One of the men Roosevelt brought down from New York with him as a Special Advisor to the Treasury was Earl Bailie of J & W Seligman Company, who had become notorious as the man who handed the $415,000 bribe to Juan Leguia, son of the President of Peru, in order to get the President to accept a loan from J & W Seligman Company....
Franklin D. Roosevelt himself was an international banker of ill repute, having floated large issues of foreign bonds in this country in the 1920s. These bonds defaulted, and our citizens lost millions of dollars, but they still wanted Mr. Roosevelt as President....
Roosevelt’s law firm of Roosevelt and O’Connor during the 1920s represented many international corporations....
When Franklin D. Roosevelt took office as President of the United States, he appointed as Director of the Budget James Paul Warburg, son of Paul Warburg, and Vice President of the International Acceptance Bank and other corporations. Roosevelt appointed as Secretary of the Treasury W.H. Woodin, one of the biggest industrialists in the country, Director of the American Car Foundry Company and numerous other locomotive works, Remington Arms, The Cuba Company, Consolidated Cuba Railroads, and other big corporations. Woodin was later replaced by Henry Morgenthau, Jr., son of the Harlem real estate operator who had helped put Woodrow Wilson in the White House. With such a crew as this, Roosevelt’s promises of radical social changes showed little likelihood of fulfillment....
www.apfn.org...
Originally posted by hawkiye
Wow over a half hour and not a single reply? Did the bomb hit and I Missed it?
It really is that simple folks congress is beyond stupid... Gee should I borrow money or just create my own interest free when either one will accomplish the same thing.... Duh
Originally posted by Mirthful Me
Originally posted by hawkiye
Wow over a half hour and not a single reply? Did the bomb hit and I Missed it?
It really is that simple folks congress is beyond stupid... Gee should I borrow money or just create my own interest free when either one will accomplish the same thing.... Duh
The problem is that the premise of your thread is based on the option that the Congress could authorize the Treasury to go into overdrive on printing currency and that there would be no consequence... There certainly would be... Hyper-inflation coupled with a currency no one would want. The United States has gotten away with economic murder because the dollar has been the currency of choice. I suggest exploring Yougaslavia's experience with trying to print their way out of debt. The British tried it as well to a degree, intentionally devaluing their currency by edict in the early 1970's... It doesn't work... Ever... The only way out of this is to cut spending, keep it cut, and resist tax increases that would stifle the economy...
If we create dollars to produce roads, bridges, and new infrastructure then we are adding value to our economy. When value is added in the form of usable products and services then dollars can also be added to the economy without producing inflation. If we issue New Greenbacks to sustain the creation of wealth building products and services then we can solve the unemployment problem. All we have to do is create wealth-building jobs with the New Greenback that can put people back to work. There are usually plenty of these to offer jobs to all who wish to work if we just had the money. The good news is that under the New Greenback system the money available for goods and services that add value would be unlimited.
The only way out of this is to cut spending, keep it cut, and resist tax increases that would stifle the economy...
Small businesses losing out to red tape
....you would think cities and states would be overjoyed when someone was willing to open up a new business, bringing with him jobs, economic vitality and tax revenues. You might think that, but you'd be wrong.
Instead, cities and states stifle new small businesses at every turn, burying them in mounds of paperwork; lengthy, expensive and arbitrary permitting processes; pointless educational requirements for occupations; or even just outright bans. Today, the Institute for Justice released a series of studies documenting government-imposed barriers to entrepreneurship in eight cities. In every city studied, overwhelming regulations destroyed or crippled would-be businesses at a time when they are most needed.
Time and again, these reports document how local bureaucrats believe they should dictate every aspect of a person's small business. They want to choose who can go into which business, where, what the business should look like, and what signs will be put in the windows. And if that means that businesses fail, or never open, or can operate only illegally, or waste all their money trying to get permits so they have nothing left for actual operations, that's just too bad. This attitude would be bad enough in prosperous times, but in a period of financial strain and high unemployment, it's almost suicidally foolish.
Along the way, the dreams of individuals are repeatedly crushed:
•In Chicago, Esmeralda Rodriguez tried to open a children's play center, paying rent month after month while she waited in vain for the government permits she needed to open her business. After a full year of bureaucratic red tape, she finally exhausted her life savings and closed down for good....
Dumbing Down America
by Dr. Samuel Blumenfeld
...After twenty-five years of research, I can state with complete confidence that the prime mover in all of this was none other than John Dewey who is usually characterized as the father of progressive education....
...Dewey was appointed head of the department of philosophy, psychology and education at the University of Chicago which had been established two years earlier by a gift from John D. Rockefeller. In 1896, Dewey created his famous experimental Laboratory School where he could test the effects of the new psychology on real live children.
Dewey's philosophy had evolved from Hegelian idealism to socialist materialism, and the purpose of the school was to show how education could be changed to produce little socialists and collectivists instead of little capitalists and individualists. It was expected that these little socialists, when they became voting adults, would dutifully change the American economic system into a socialist one. [Boy was he ever RIGHT! cv]
In order to do so he analyzed the traditional curriculum that sustained the capitalist, individualistic system and found what he believed was the sustaining linchpin -- that is, the key element that held the entire system together: high literacy.To Dewey, the greatest obstacle to socialism was the private mind that seeks knowledge in order to exercise its own private judgment and intellectual authority. High literacy gave the individual the means to seek knowledge independently. It gave individuals the means to stand on their own two feet and think for themselves. This was detrimental to the "social spirit" needed to bring about a collectivist society....
www.ordination.org...
I am not buying the threat of death if they oppose the fed several have opposed the fed and not been killed also. They are just stupid asinine petty criminals that would sell thier own mothers for personal gain. If a majority decided to end the fed the fed could not kill them all....
The few who could understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests. quotes.liberty-tree.ca...
Originally posted by crimvelvet
reply to post by hawkiye
I am not buying the threat of death if they oppose the fed several have opposed the fed and not been killed also. They are just stupid asinine petty criminals that would sell thier own mothers for personal gain. If a majority decided to end the fed the fed could not kill them all....
It is the carrot and the stick that keeps them in line.
Sure some make noises about the fed but only a few actually stood up on their hind legs and DID something!
Impeachment investigations of United States federal officials
Impeachment of the Federal Reserve is a very short list:
February 12, 1917, Rep Charles Lindbergh, Sr.
Rep. Louis Thomas McFadden's attempt to impeach numerous officials in May 1933
jan6,1932 Wright Patman motion for the impeachment of Andrew Mellon (Secretary of the Treasury)
On March 7, 1985, Rep. Henry Gonzalez introduced an impeachment resolution
I think John Sherman, nailed it
The few who could understand the system will either be so interested in its profits, or so dependent on its favours, that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests. quotes.liberty-tree.ca...
The problem is that they are already printing and creating money as if there is no consequences. So at least they could eliminate the debt by creating it interest free. Everyone would take it just like they take the worthless FRN now because they want us to buy thier goods and services. I am completely aware of the inflationary consequences but it's going to happen anyway so why not eliminate the interest?
..The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world. quotes.liberty-tree.ca...
Bank for International Settlements
The Bank for International Settlements (BIS) is an international organisation which fosters international monetary and financial cooperation and serves as a bank for central banks.
BIS effective exchange rate indices
updated 15 July 2011
The BIS calculates effective exchange rate (EER) indices for a total of 58 economies (including individual euro area countries and, separately, the euro area as an entity). Nominal EERs are calculated as geometric weighted averages of bilateral exchange rates. Real EERs are the same weighted averages of bilateral exchange rates adjusted by relative consumer prices....
www.bis.org...
Well their strategy now days is to have their lap dogs act like they are all for ending fed but then gut any proposed legislation of any significant teeth as illustrated by Ron Paul's audit the fed bill that had over 300 co signers but failed to really accomplish anything significant after being gutted. No need to kill anyone and wake up the slaves.
"The book was to be dedicated to the presidents of two countries, men who had been his clients whom I respected and thought of as kindred spirits–Jaime Roldós, president of Ecuador, and Omar Torrijos, president of Panama. Both had just died in fiery crashes. Their deaths were not accidental. They were assassinated because they opposed that fraternity of corporate, government, and banking heads whose goal is global empire. We Economic Hit Men failed to bring Roldós and Torrijos around, and the other type of hit men, the CIA-sanctioned jackals who were always right behind us, stepped in. www.democracynow.org...