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Originally posted by Dfairlite
reply to post by HillbillyHippie1
[quoe]You missed the point. Utterly and completely missed the point. How much can you get a t-shirt for at walmart? $5? and a pair of jeans? $10-$15? Some shoes, another $30. You can cloth yourself for $50. Now, do you think that you could make those things for $50 or even $100 including your time? Unless you're paying yourself
either your a debt slave or your thrown in a cage, the system is so rigged and corrupt its practically impossible to be truly independent..
Paul Solman: The charge that a polity owes its economic problems to the government "printing" money in order to debase its value is probably as old as the institution of money itself. And the idea that "paper money" is fundamentally phony, as opposed to "hard" currency made of metal, has a similarly hoary past.
Back to basics. "Money" is -- and has always been -- nothing more nor less than a promise between people: a token of value, mutually agreed to. I give you dollar bills, copper pennies, cowrie shells, tally sticks, whales' teeth, twisted strips of metal -- they're all just IOUs. That is, they're promises that the token will be exchangeable for something else. To the extent that everyone believes in the token, it has value. To the extent that the belief erodes, so does the value. Hence: "credit" comes from the Latin "credere" -- to believe.
The two main forms of money created by the U.S. government are currency -- about a trillion dollar's worth out there at the moment -- and "Federal Reserves:" electronic blips on the books of financial institutions -- mainly banks. The Fed does indeed create these so-called reserves "out of thin air," as you put it, when it buys securities to increase the money supply.
But so what? It's no different than minting more currency. That too is "fiat" money, from the Latin "Fiat" -- "let it be done" -- as in God's "Fiat lux" (let there be light) or Italy's Fiat Punto (let there be a really small car).
Look, someone has to create money, right? If the federal government doesn't do it, rest assured private interests will, like the "barkeepers, barbers and innkeepers" and state-chartered banks whose printed notes led to such inflation after the War of 1812 that even President James Madison, long an opponent of federal monetary control, felt obliged to create the Second Bank of the United States in 1816.
And when Andrew Jackson, who hated paper money, famously destroyed the bank a generation later, one result was an explosion of state banks, issuing state money that helped fuel an economic boom. The subsequent bust resulted in massive debt defaults by the likes of Pennsylvania and Mississippi.
The only good that came of it: a William Wordsworth poem condemning Pennsylvania's "degenerate men."
Originally posted by frazzle
Between your comments and hillbillyhippy's, something just popped into my head about my independent-as-hogs-on-ice daughters and "labor". Both of the girls decided early on that hospitals and doctors are the anthesis of having healthy babies and opted for home birth via midwife. Not only did it save them a ton of money for each of their kids, there were no nurses waiting in the hallways to jab those innocent little creatures with needles full of toxins before they were minutes old. No doctor bills, no hospital bills. Yay! The kids are all in their 20's now and are fine as frog's hair healthwise and every other wise.
Hope I didn't go too far OT on this post.
It's great your grandchildren turned out to be healthy and in those scenarios where a midwife can do the job then that is all that is needed and its a viable approach. For all the children that require advanced medical care what should they do?
Originally posted by EarthCitizen07
reply to post by vkey08
Money should be *legal tender* and not a IOU. It is IOU only when the creation of money belongs to the private sector, which is the norm in capitalism and socialism.(I owe You)
And you gotta love that "eye of providence" on the one dollar bill. Some people think it is horus, but why then does it say on the very top of the bill "In God we Trust"? Is horus god? Nah, I don't think so.
Originally posted by frazzle
reply to post by opethPA
It's great your grandchildren turned out to be healthy and in those scenarios where a midwife can do the job then that is all that is needed and its a viable approach. For all the children that require advanced medical care what should they do?
From what my kids say, midwives exclude prospective mothers with serious health risks from their practices and they are perfectly capable of evaluating high risks. Also, midwives all have doctors with whom they consult on every case and will call them in if anything goes wrong, either prior to or during a delivery. Granted it isn't for everyone but its an option that isn't considered by many and the statistics are good.
More than anything, it puts parents in control of the situation and thats the kind of thing we're talking about..
hopegibbs.com...
Thats the key thing..As much as your daughters dislike health care, doctors, hospitals, nurses, whatever. Their are a large % of children born every day where ambulatory care is required. Where just consulting a doctor is not enough. While a midwife can try and selectively take patients certain issues are not present until the second of birth . Still as long as the options are their are people to chose midwives, hospitals or whatever for child birth then everything is great.
Originally posted by frazzle
reply to post by opethPA
Thats the key thing..As much as your daughters dislike health care, doctors, hospitals, nurses, whatever. Their are a large % of children born every day where ambulatory care is required. Where just consulting a doctor is not enough. While a midwife can try and selectively take patients certain issues are not present until the second of birth . Still as long as the options are their are people to chose midwives, hospitals or whatever for child birth then everything is great.
Actually their decisions had nothing to do with an overall "dislike" for health care, it was more about not using the system any more than necessary or losing control of their choices to that system. Like I said, they saved boodles of money doing it "their way" and were more than satisfied with the results. I wasn't speaking for the entire world of wimmin folk, just giving an example for those who like to play things a little closer to the vest whenever possible.
The bottom line is that we, as a society, have given over so much of what was once considered to BE independent thought to "experts" because of the examples that are constantly trotted out about "those who cannot be independent".
So those who are capable of independence should not even try to be? That's nonsense.
The same is true, IMO, with respect to local currencies and alternate exchange systems. Those who participate in them aren't (quite as) dictated to by some moron on wall street, they create their own way so as to be less dependent on others who do not have their best interests in mind.
What Is the U.S. Trade Deficit with China?:
In 2011, the U.S. trade deficit with China was $295 billion. This was up significantly from the year before, when the trade deficit was $273 billion. Both were higher than any prior year.
The U.S. has a trade deficit with China despite the fact that its exports to that country were the highest in history. In 2011, the U.S. exported $103.9 billion in goods, an all-time record. (Exports in 2010 were only $91.9 billion.) However, imports from China also set a record -- $399.3 billion, more than the $364.9 billion imported in 2010.
The U.S. imports consumer electronics, clothing and machinery from China. A lot of the imports are from U.S. based companies that send raw materials to China for cheap assembly. When they are shipped back to the U.S., they are called imports even though they are profiting American-owned companies. (Source: U.S. Census, U.S. Trade in Goods With China)
Why Is There a U.S. Trade Deficit with China?:
China is able to produce goods that Americans want at a low cost. Despite the loss in jobs, this is unlikely to change. That's because most people would rather pay as little as possible for computers, electronics and clothing -- even if it means other Americans lose their jobs. That's why the situation is unlikely to change, despite recurrent bills by legislators to impose tariffs or other forms of trade protectionism with China.
How does China keep prices so low? Most economists agree that China's competitive pricing is a result of two factors:
1.A lower standard of living, which allows companies in China to pay lower wages to workers.
2.An exchange rate that is partially set to be always priced lower than the dollar.
As long as we as a society have the ability to choose between things like a midwife or hospital then that's the best solution.
2012 : U.S. trade in goods with China
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding.
Month Exports Imports Balance
January 2012 8,372.0 34,394.6 -26,022.6
February 2012 8,760.7 28,124.7 -19,363.9
March 2012 9,829.7 31,501.8 -21,672.0
April 2012 8,456.5 33,011.0 -24,554.5
May 2012 8,898.6 34,942.0 -26,043.4
June 2012 8,518.7 35,919.8 -27,401.2
July 2012 8,554.1 37,929.9 -29,375.8
August 2012 8,609.2 37,297.3 -28,688.1
September 2012 8,790.9 37,849.9 -29,059.0
October 2012 10,823.3 40,289.5 -29,466.2
November 2012 10,594.4 39,548.2 -28,953.8
December 2012 10,382.0 34,835.0 -24,453.0
TOTAL 2012 110,590.1 425,643.6 -315,053.5
2011 : U.S. trade in goods with China
NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. Details may not equal totals due to rounding.
Month Exports Imports Balance
January 2011 8,022.1 31,377.3 -23,355.3
February 2011 8,379.0 27,244.6 -18,865.6
March 2011 9,564.6 27,599.5 -18,035.0
April 2011 7,999.3 29,580.0 -21,580.7
May 2011 7,843.4 32,788.1 -24,944.6
June 2011 7,727.1 34,374.0 -26,646.8
July 2011 8,158.3 35,152.3 -26,994.1
August 2011 8,421.7 37,377.9 -28,956.2
September 2011 8,370.1 36,417.8 -28,047.7
October 2011 9,743.8 37,818.9 -28,075.0
November 2011 9,986.3 36,762.8 -26,776.5
December 2011 9,723.7 32,868.7 -23,145.0
TOTAL 2011 103,939.4 399,361.9 -295,422.5
The Petrodollar Replaced the Gold Standard
The United States has debt, crushing debt, which makes the former Weimar Republic look solvent by comparison. Unfortunately, the United States abandoned the gold standard a long time ago. What then keeps our economy from degenerating into a trading and bartering society resulting from a collapsed dollar?
The United States’ good economic fortune is due solely to the fact that world must use the dollar, the Petrodollar if you will, in order to make their nation’s individual oil purchases and this provides the only source of backing for the U.S. dollar that the Federal Reserve requires in order to somewhat sustain our back breaking debt that the banker occupied United States government has passed along to the American taxpayer in the form of bailouts. Despite the economic pain associated with the enormous debt caused by the Wall Street contrived Ponzi schemes associated with the now infamous derivatives, America’s economy has proven to be very resilient. However, if the artificial global dollar demand, made possible by the Petrodollar system, were ever to crumble, our days of economic dominance would abruptly end and the resulting economic chaos would be followed by the need to impose martial law on a starving public. Again, tens of millions of Americans will die in this scenario.
The Communist Nations Are Challenging
the Dominance of the Petrodollar
Unfortunately for every man, woman and child in America, that day of economic reckoning is quickly approaching. China has commenced buying Iranian oil in gold. India has followed suit, as have the Russians. The days of the Petrodollar are numbered and therefore, so is the only source of backing of our dollar. Have you and your family prepared for the collapse of the dollar and ultimately the collapse of society?
Like most Americans who have awakened from their slumber, I came to realize that the Federal Reserve Board is responsible for most of the evil perpetrated in the world and I personally loathe the organization. It is hard not to cheer the fact that the days of Federal Reserve Board dominance may be coming to an abrupt end. Yet, I would advise against popping the corks on the champagne bottles because, like it or not, America’s economic fortunes are tied to the health of the dollar and our precious dollar has come down with a terminal economic case of the Asian flu. If the Federal Reserve crashes and burns, so will everything that you have ever worked for. If the Federal Reserve collapses over this impending crisis, the resulting economic holocaust will make the United States unrecognizable within a very short time and your personal fortunes will sink right along with these notorious robber barons who are feverishly involved in stealing as many home mortgages as possible through schemes like the robosigners of MERS. The Federal Reserve, the same people who perpetrated the MERS fraud, is also involved in buying up mortgage backed securities in an attempt to garner the lion’s share of the housing industry. And if you didn’t hear, the Seventh Circuit Court of Appeals made it legal for the banks to steal your deposits. Don’t think for a moment that these events are not contrived by the bankers to get as much as they can, of the public’s assets, in as short of time as possible in this time of crisis. The banksters clearly know what is coming and they are in the process of stealing your assets in order to soften the blow of a collapsing dollar and their “Golden Parachute” will be awarded to them courtesy of your hard earned assets.
Originally posted by Ghostx
After speaking with friends, buddies in the military, adults and many others - I have found that many are waiting for something to happen.
If an uprising is formed, and it is organized I and most of the people I talked to will fight against the US government. When US Marines are willing to fire upon the US Government, you know some stuff is messed up in the way things are going.
This is the truth.
If an uprising is formed, I will fire upon anyone who stands for the US Government's unconstitutional acts, "slavery" and general dictatorship-style of backend "legislation/lawmaking".
This isn't anti-president. This is anti-government. To truly form an uprising we must be ready to fire upon the government, their officials, and spokespeople. We must be willing to fire upon US citizens that defend the US government or oppose the uprising (even if its because of their ignorance of facts).
Are you willing to do this? Because that's what we need.
Originally posted by Cynicaleye
Originally posted by Ghostx
After speaking with friends, buddies in the military, adults and many others - I have found that many are waiting for something to happen.
If an uprising is formed, and it is organized I and most of the people I talked to will fight against the US government. When US Marines are willing to fire upon the US Government, you know some stuff is messed up in the way things are going.
This is the truth.
If an uprising is formed, I will fire upon anyone who stands for the US Government's unconstitutional acts, "slavery" and general dictatorship-style of backend "legislation/lawmaking".
This isn't anti-president. This is anti-government. To truly form an uprising we must be ready to fire upon the government, their officials, and spokespeople. We must be willing to fire upon US citizens that defend the US government or oppose the uprising (even if its because of their ignorance of facts).
Are you willing to do this? Because that's what we need.
You are showing signs of being a phycopath. Worrying.