Started By
Message
re: Feds creating db to track hate speech on twitter. In other words ...
Posted on 8/26/14 at 2:50 pm to Sleeping Tiger
Posted on 8/26/14 at 2:50 pm to Sleeping Tiger
quote:
ou bumped a month old thread with a pretty long post because you've been unable to handle yourself in this discussion.
You bumped your own thread for the same reasons, I'm guessing?
Please, stop making yourself look so unbelievably stupid.
Posted on 8/26/14 at 2:53 pm to Sleeping Tiger
quote:
Much of our income tax goes toward paying the interest on the debt, interest that exists because currency is loaned to the government instead of being created in the treasury interest free.
Serious question that I've always wondered. Why is this allowed to happen? There had to be a benefit of it to sell it to the people in government and potentially the public at large. What was the stated benefit of the Federal Reserve at the time of its creation?
I was taught the Fed was set up to eliminate the bank runs and panics back in the 1800s and early 1900s, but what was the purpose of taking the creation of currency away from the government and placing the responsibility with the Fed? Was that an integral part of controlling panics?
I have a cursory knowledge of how money is lent in relation to the creation of new currency (10X the new currency created can be lent if I remember correctly, I may not) but couldn't that also be done with the government creating the currency?
Posted on 8/26/14 at 2:54 pm to Mizzeaux
I will regard you as my savior from now on, only second to Magma.
Posted on 8/26/14 at 2:55 pm to StrawsDrawnAtRandom
quote:
Yeah, cracking jokes about Marvel vs. DC is showing just how furious I am
But making a rather long post in an month old thread does.
quote:
I've given you the reasons twice, in bold, in quotes and demonstrated it a couple times. I'm not arguing about your stupid post in this post which is about hate speech.
You have not explained how your point about the debt affording us the strongest military is relevant to what I said about income tax paying off interest on the debt, interest that would not exist if we created currency in the treasury instead of allowing it to be loaned to us by a private entity.
quote:
Please stop telling me to stay on topic while hijacking a thread, frick's sake.
I told you that if you wish to degrade me, as you did in this thread, I will be linking the thread we're discussing, the one in which you got lost amid a very basic dialogue.
Posted on 8/26/14 at 2:59 pm to Sleeping Tiger
quote:
But making a rather long post in an month old thread does.
That was posted months ago, the second post is new.
(Posted on 6/30/14 at 10:03 am to TbirdSpur2010)
Date's at the top you idiot.
quote:
You have not explained how your point about the debt affording us the strongest military is relevant to what I said about income tax paying off interest on the debt, interest that would not exist if we created currency in the treasury instead of allowing it to be loaned to us by a private entity.
Reference a page back.
quote:
I told you that if you wish to degrade me, as you did in this thread, I will be linking the thread we're discussing, the one in which you got lost amid a very basic dialogue.
Your jimmies must be extremely rustled.
Posted on 8/26/14 at 3:01 pm to Mizzeaux
quote:
Serious question that I've always wondered. Why is this allowed to happen? There had to be a benefit of it to sell it to the people in government and potentially the public at large. What was the stated benefit of the Federal Reserve at the time of its creation?
They had to sneak it in during Christmas holiday, otherwise it wouldn't have passed. The concept was rejected many times before.
quote:
I was taught the Fed was set up to eliminate the bank runs and panics back in the 1800s and early 1900s, but what was the purpose of taking the creation of currency away from the government and placing the responsibility with the Fed? Was that an integral part of controlling panics?
This is what we're told, but the bank runs and panics were caused by the people that wanted to install this type of central banking, which had been attempted multiple times in the 1800s with much backlash from the people and the politicians that were uncorrupted.
quote:
I have a cursory knowledge of how money is lent in relation to the creation of new currency (10X the new currency created can be lent if I remember correctly, I may not) but couldn't that also be done with the government creating the currency?
Fractional reserve banking is an absolute sham, a crime of epic proportion. It's hard to understand every nuance of this stuff, but the basics are pretty basic, if people understood the fundamentals of this concept there would be revolution immediately.
Posted on 8/26/14 at 3:05 pm to StrawsDrawnAtRandom
quote:
Reference a page back.
There's nothing a page back besides you saying it's subjectivity and you won't discuss it.
Opinion has no role in what we're specifically discussing.
Income tax pays interest, interest that would not exist if we created currency differently.
Therefore your point that you're okay with income tax paying debt interest to afford us the strongest military is irrelevant. The interest would not exist if we created currency interest free.
Posted on 8/26/14 at 3:11 pm to Sleeping Tiger
quote:
Sleeping Tiger
Stop upvoting all of your own posts
Posted on 8/26/14 at 3:12 pm to Sleeping Tiger
quote:
There's nothing a page back besides you saying it's subjectivity and you won't discuss it.
No idea how you missed this a fourth time.
I'm literally at a loss for words.
Posted on 8/26/14 at 3:13 pm to Vols&Shaft83
quote:
Stop upvoting all of your own posts
There is a person on this site that has to downvote literally every comment that I make -- I don't think it's Sleeping Tiger voting himself up or me down, in his defense.
Posted on 8/26/14 at 3:14 pm to Vols&Shaft83
quote:
Stop upvoting all of your own posts
I haven't.
Posted on 8/26/14 at 3:16 pm to StrawsDrawnAtRandom
quote:
No idea how you missed this a fourth time.
I hope, for your sake, that you realize why your comment about the debt growing the strongest military is irrelevant to the point that income tax goes toward paying debt interest, interest that wouldn't exist if we created currency interest free.
I hope you're doing this for the sake of your e-rep, a loss to the much hated ST would be devastating, I understand your position.
Posted on 8/26/14 at 3:17 pm to Sleeping Tiger
quote:
Fractional reserve banking is an absolute sham, a crime of epic proportion. It's hard to understand every nuance of this stuff, but the basics are pretty basic, if people understood the fundamentals of this concept there would be revolution immediately.
I'm ready to be angry at something. However, I work 80 hours a week lately and don't have the time to skim through shite to figure out what's going on. Is there some fairly mainstream site that has an elevator pitch type of presentation I can read?
Posted on 8/26/14 at 3:20 pm to Sleeping Tiger
quote:
I hope, for your sake, that you realize why your comment about the debt growing the strongest military is irrelevant to the point that income tax goes toward paying debt interest, interest that wouldn't exist if we created currency interest free.
Reference to the last page.
quote:
I hope you're doing this for the sake of your e-rep, a loss to the much hated ST would be devastating, I understand your position.
You can't goad me into talking about this subject, we're going to have to agree to disagree. I haven't even been reading your arguments to see if you're even characterizing them fairly.
You have my response.
Posted on 8/26/14 at 3:29 pm to Remote Controlled
quote:
So basically, Scroosters entire FB newsfeed will be monitored.
I've been on every list there is for years.
I do not like big government intrusions.
I believe in our Constitution. I took an oath to protect it, fought to support it, raised my kids to cherish it.
Posted on 8/26/14 at 3:33 pm to Sleeping Tiger
That would be mighty inflationary.
I suppose you'd actually want that though.
I suppose you'd actually want that though.
Posted on 8/26/14 at 3:35 pm to Mizzeaux
quote:
I'm ready to be angry at something. However, I work 80 hours a week lately and don't have the time to skim through shite to figure out what's going on. Is there some fairly mainstream site that has an elevator pitch type of presentation I can read?
Most mainstream outlets are going to give the company line that it expands the economy, but the truth is it expands our debt based economy.
Charging interest on the very creation of currency is a recipe to control debt slaves.
I'd put a better effort into finding a source that would be considered reputable by the harsh critics on this site, but I'm walking out the door. I'll try to find something that passes the 'mainstream' eye and post it later.
Posted on 8/26/14 at 3:37 pm to StrawsDrawnAtRandom
quote:
we're going to have to agree to disagree
There is nothing to agree or disagree about, not understanding this is why you're lost.
Posted on 8/26/14 at 3:42 pm to Sleeping Tiger
quote:
I'd put a better effort into finding a source that would be considered reputable by the harsh critics on this site, but I'm walking out the door. I'll try to find something that passes the 'mainstream' eye and post it later.
So no infowars.com or zerohedge.com, right?
Popular
Back to top
Follow SECRant for SEC Football News