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Originally posted by Jean Paul Zodeaux
reply to post by g2v12
There has to be some balance between the free market and regulation.
There can be no balance between the free market and regulation. Just one single regulation kills the free market. It is just that simple. It is disingenuous and empty rhetoric to claim there can be a balance struck between the two. There is either one, or the other, never both.
Originally posted by g2v12
Deregulation and greed is why millions of American are loosing jobs and paying higher tax to support a failed financial system.
Originally posted by frazzle
Originally posted by g2v12
Deregulation and greed is why millions of American are loosing jobs and paying higher tax to support a failed financial system.
Well see, you've already figured out the problem. We have a failed financial system. It failed when banks were centralized right out of the starting gate, but it failed harder in 1913 when "our" financial system was turned over to an unconstitutional, private, for-profit banking cartel and since 1913 the dollar has lost 97% of its value.
So yeah, that's the failed system we have, but WE keep USING those dollars as if they had value. WE keep paying in our 3 cents on the dollar in taxes to the failed system and they keep pumping out more 3 cent dollar (and falling fast) bills. Tell me, how many times does a ten dollar bill have to change hands before it has no value at all? Fees, penalties, fines, interest and taxes on every transaction eat that piece of paper up before it can travel a mile.
You can blame Fanny, Freddie or anyone else you choose for what is happening, but WE are the oes who keep this failed system semi functioning by OUR use of it. STOP it!
Ben Franklin explained how the colonies made free market currency work.
He said: “We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”
“In the Colonies, we issue our own paper money. It is called ‘Colonial Scrip.’ We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one.”
21stcenturycicero.wordpress.com...
Its that damned simple. But apparently it's still too difficult for us poorly educated idiots in the greatest country on earth to figure out and make happen. And the financiers? They're laughing their asses off at us ~ all the way to the bank with our tax money and our mortgage payments for what they have claimed to be their property.
So if you want a system that functions for the good of the people, tell the bankers to take a hike and let's get busy creating our own money in the proper proportion to the goods we manufacture and you'll be amazed to see greed disappear from our financial system. People will be too busy manufacturing what other people want to buy to think about stealing anything. The best part is that we'll need no further regulations. The Market (we, the buyers and sellers) will regulate the system quite nicely.
Originally posted by g2v12
Originally posted by frazzle
Originally posted by g2v12
Deregulation and greed is why millions of American are loosing jobs and paying higher tax to support a failed financial system.
Well see, you've already figured out the problem. We have a failed financial system. It failed when banks were centralized right out of the starting gate, but it failed harder in 1913 when "our" financial system was turned over to an unconstitutional, private, for-profit banking cartel and since 1913 the dollar has lost 97% of its value.
So yeah, that's the failed system we have, but WE keep USING those dollars as if they had value. WE keep paying in our 3 cents on the dollar in taxes to the failed system and they keep pumping out more 3 cent dollar (and falling fast) bills. Tell me, how many times does a ten dollar bill have to change hands before it has no value at all? Fees, penalties, fines, interest and taxes on every transaction eat that piece of paper up before it can travel a mile.
You can blame Fanny, Freddie or anyone else you choose for what is happening, but WE are the oes who keep this failed system semi functioning by OUR use of it. STOP it!
Ben Franklin explained how the colonies made free market currency work.
He said: “We have no poor houses in the Colonies; and if we had some, there would be nobody to put in them, since there is, in the Colonies, not a single unemployed person, neither beggars nor tramps.”
“In the Colonies, we issue our own paper money. It is called ‘Colonial Scrip.’ We issue it in proper proportion to make the goods and pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power and we have no interest to pay to no one.”
21stcenturycicero.wordpress.com...
Its that damned simple. But apparently it's still too difficult for us poorly educated idiots in the greatest country on earth to figure out and make happen. And the financiers? They're laughing their asses off at us ~ all the way to the bank with our tax money and our mortgage payments for what they have claimed to be their property.
So if you want a system that functions for the good of the people, tell the bankers to take a hike and let's get busy creating our own money in the proper proportion to the goods we manufacture and you'll be amazed to see greed disappear from our financial system. People will be too busy manufacturing what other people want to buy to think about stealing anything. The best part is that we'll need no further regulations. The Market (we, the buyers and sellers) will regulate the system quite nicely.
Excellent post!
I wish you would use it to start a new thread. These are the sort of threads that matter, because they are based on historical data, not trendy opinions based on ideological propaganda and disinformation.
Americans are so confused and polarized simply because they have lost account of history. History is our future. There IS NO future other than one based on history, because the educated thieves that are screwing us are using techniques that go back to ancient times.
Everything we are discussing has already been said. We found 4,000 year old Egyptian pictographs inside a pyramid which depicted political humor we use today in m21st century America.
The human mind never really changes, we just go through periods of inspiration and stupidity.
During the time of the colonies, Jefferson and Franklin, America was rising into its intellectual renaissance. In the 21st century it is intellectually stagnant and democracy is stiff in a cold morgue.
You people are so full of yourselves that you've condescended every principle of political and economic freedom for a repressive police state that has no respect for the Constitution.
The US in ruins because of greed and phoney wars that caused Arab and millionaires to divest in American companies for Chinese manufacturers.
The Constitution now hangs by a thread under a security state ideology as it did over the slavery issue. The economy is about to plunge into an abyss, from which it can never return. Study Japanese and Argentina economies.
This government is keeping you from what is happening because they can't stop it and they are profiting from it.
Wake up and take back your life!
You quoted one sentence from my post?
Originally posted by Jean Paul Zodeaux
Yes, I quoted one sentence from your post. I quoted the blatant contradiction, disingenuousness, and empty rhetoric of calling for a "balance" between a free market and regulation. I will say it again. There can be no regulation in a free and unregulated market.
What the hell would anyone want a completely free and unregulated market? Who in their right mind thinks Somalia or the days of Robber Barons is a model to strive toward?
Originally posted by Jean Paul Zodeaux
reply to post by g2v12
You quoted one sentence from my post?
Yes, I quoted one sentence from your post. I quoted the blatant contradiction, disingenuousness, and empty rhetoric of calling for a "balance" between a free market and regulation. I will say it again. There can be no regulation in a free and unregulated market.
"Deregulation" is not unregulation. You point to Freddie Mac and Fannie May had explicit guarantees from the federal government. Under a free and unregulated market no such guarantees would exist. It is really very simple. In a free market the government has no say in what business does.
There is the matter of the Commerce Clause in the Constitution for the United States of America which does grant Congress the power to regulate commerce between the states, but this interstate regulation was never intended to grant Congress the absurd and highly corrupted power they've assumed. It's intention was to prevent one state from undercutting prices and screwing the other states. Its only purpose was to normalize commerce on an interstate level. The purpose of the commerce clause is to promote trade not kill it.
Banks could not get away with any of the crap they get away with today under the cartelization of the banking system through the Federal Reserve. Cartels are not a product of a free market, they are antithetical to free markets, which again was the purpose of the commerce clause, to promote a free market not ensure its quick death so that cartels could thrive.
I am not sure that free market business can be properly conducted if it is not reigned in by opposing entities.
Originally posted by Jean Paul Zodeaux
In today's heavily regulated market place death by doctoring is the third leading cause of death for Americans. Government creates corporations in this heavily regulated market place and now the world has Monsanto, voted the most evil corporation in the world.
Let's not even get into the list of banking crises,,
and let's instead pretend, as you would have us do, that in this heavily regulated market place there are no more Robber Barons and we're a nation more sophisticated than "the free market of Somalia".
Sigh.
That even your own link admits came about from deregulation?
We are no more sophisticated than Somalia?
Originally posted by frazzle
So its beginning to look like being a pirate like a Somali might be the logical career choice in coming years. It’s about the only free market left on earth.