Second stimulus

Discussion in 'Ian's Corner' started by Ian Gills, Sep 3, 2010.

  1. ballvalve

    ballvalve General Engineering Contractor

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    The problem with America is we take over countries and then give them back without payment. All the oil in Iraq needs to go right onto US tankers for 25 years at a 20% discount for repayment.

    Our geologists gave Afghanisasssholystan a map [new, paid for by us] of the mineral wealth of the country worth about 500 billion dollars, and now the mining rights are sold to the Chinese - to build missiles to eradicate us in the near future. Every ounce of Lithium and copper should be reserved for US mining companies in perpetuity.

    We need to wake up a few dead English who knew how to fleece a country of its resources before cutting out in the name of 'freedom'

    All of our fantastic weapons are of no purpose if we cannot derive benefit from their use.

    We get shot at while building roads for Afghanistan. I wouldnt give them a 20 year old porta potty.
    Last edited: Jul 19, 2011
  2. Ian Gills

    Ian Gills Senior Robin Hood Guy

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    You can't do that Ballvalve because as you taught us, the people will whoop the occupier's behind.

    A few poor, brave American servicemen get killed every week in Afghanistan and look at the outpouring of public grief here. And that's in countries where the foreign force is welcomed, or at least tolerated, by the local population.

    Occupy and fleece and America's dead would be coming back in greater numbers and for years.

    Americans would not have the stomach for that. They are simply not brave enough to invest those kinds of numbers of young lives.

    In Africa, you've pulled out entirely over the loss of a handful of young men. I hardly see you tolerating thousands of dead in an occupation for oil.

    I just watched some of the Oz film. One of its recommendations is that banks only be allowed to lend what they collect in deposits. The whole thing is madness. If that were the case, banks would not exist and you and I would not own a home.

    Mark wants a world of no debt. Sounds a lot like the Bible to me. But also a world in which everyone is left poor and backward.

    Lending is good. It just needs to be properly regulated which requires a large Federal Government and one that does its job properly.
    Last edited: Jul 19, 2011
  3. stop evadeing

    Why dont you just watch the video and stop evadeing

    untill you get an idea, or comcept of what the big picture really looks like there is no reason to continue this discussion

    when you have done this, then please take a stand on what
    you think about this fellows opinoin ......


  4. Ian Gills

    Ian Gills Senior Robin Hood Guy

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    Well, that was the waste of an hour. Let me save others some time.

    The documentary draws parallels with the classic children novel The Wizard of Oz written depicting the story hidden in symbolism about monetary reform and the economic scenario during the late 19th century. The yellow brick road (gold standard), the Scarecrow (farmers), the Tin Man (industrial workers), the Wicked Witch of the West (Cleveland banker J.D. Rockefeller) and the Wicked Witch of the East (NY banker J.P.Morgan), the Emerald City of Oz (greenback money), the illusory power of the Wizard in the capitol city (who monopolized power through deceit), even Dorothy’s silver slippers (changed to ruby slippers for the color movie version -symbols of the belief that adding silver coin to gold coin would provide much needed money to a depression-strapped, 1890s America). Oz is a virtual forest of monetary reform symbolism.

    It asserts that wealth is slowly being drawn into the hands of a small banking elite at the expense of the general population.

    I say what's the big deal? Wake up call. That's called the American dream. You rejected the alternative - socialism - elements of which I still argue for on this very corner.

    The Money Masters argues that bankers have intentionally caused a number of significant events, including John F. Kennedy's assassination, Abraham Lincoln's assassination, the War of 1812, the Battle of Waterloo, the American Civil War, the Russian Revolution, the Great Depression, and the crucifixion of Jesus (who drove out the "money changers" in all four Gospels). So all Americans have been brainwashed by bankers.

    Raise the Red Flag!

    I must admit, it's refreshing to see some commies among you.

    Although even I'm not that far "left of center".
    Last edited: Jul 19, 2011
  5. ballvalve

    ballvalve General Engineering Contractor

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    Anyone wants to play in this silly game should well educate themselves about the silver and gold standard that kept countries in check up to about 1971.

    Now its just a big ponzi scheme.

    http://en.wikipedia.org/wiki/Nixon_Shock
  6. ballvalve

    ballvalve General Engineering Contractor

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    Location:
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    Anyone wants to play in this silly game should well educate themselves about the silver and gold standard that kept countries in check up to about 1971.

    Now its just a big ponzi scheme.

    http://en.wikipedia.org/wiki/Nixon_Shock
  7. talking to cows in a pasture




    If you actually watched this video sober, then good for you..

    here area few quiz questions for you to see if you understood what you watched,, from your post above I think it all went over your little pumpkin head......

    did you understood the idea of the system of banking presently in
    south dakota,,, fractional reserve lending by the state ?????

    did you understand the idea of printing money interest free to only be done by the state chartered bank instead of printed by the.... private for profit banking interset (incurring debt) ......
    then useing fractionial reserve banking for the state to re-plenishtheir coffers???



    do you see why the gold standard is a way to make slaves out of the common man and make the elite ul-tra rich ....???

    and what is a .....plutrocasy....like they had in Rome???



    do you even have a clue what the video was talking about???
    Last edited: Jul 22, 2011
  8. Ian Gills

    Ian Gills Senior Robin Hood Guy

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    Mark, I do not see what your problem is with commercial Banks "creating" money.

    They have always done this. The fact of the matter is that when you deposit momey in a Bank they know that you won't demand the lot in cash. It's the same with loans. So, from a small amount of cash reserves they can lend a lot more...what you call fractional reserves. It has always been this way. If it were not, Banks would not make any money and you and I would not be able to secure loans for our homes and cars because the system would soon run out of cash. Limiting loans to the amount of cash in circulation is nonsense. Think about it.

    What the system needs is regulation. We need to ensure that Banks maintain adequate liquidity on the loans they issue so there is not a banking crisis. In other words, for every x dollars they have in deposits they should only be able to issue x times y in loans.

    In your crazy world, y would equal one! And I would not have a home!

    This sort of thing is just propoganda for those people (mostly Americans) who need excuses and conspiracy theories for things that clearly need Government intervention and regulation. It's time to accept that big Government is good. And that your daddy was wrong.
  9. pipehacker

    pipehacker New Member

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    Iowa
    Lending is good. It just needs to be properly regulated which requires a large Federal Government and one that does its job properly.[/QUOTE]

    Actually, what Lending needs is for the lenders to know that they will not be bailed out if they make a bad loan. The biggest and longest term negative consequence of the 2007-09 financial decline will be the reinforcement in bankers' minds that the government will help them if their loans are not repaid. Lending should not be a social welfare program and if you cannot afford a loan you should not get it. And the lender should eat the loss if its not repaid. The Community Reinvestment Act, Fannie Mae's no money down lending programs, and other social programs are changing banks into welfare providers and they are making loans based upon social criteria and not business sense.


    What needs more oversight and regulation is the non-bank finnacial sector. That Bernie Madoff could perpetrate his Ponzi Scheme without trading any stocks and without getting caught for more than ten years is astounding. And it is the secondary mortgage market which was created by the non-lending industry which gave a bank the ability to make a bad mortgage but yet sell this mortgage on the secondary mortgage for a lucrative profit and without risk to itself.
  10. watch the movie again


    Please watch the last 15 minutes of the video again...
    and try to grasp this concept.....

    remember, the federal reserve is a for profit privately held
    bank, it is not part of any government ..it is an entity unto itself..
    the printing of money and the interest rates are controlled by
    this private entity for their own profit, the printing of money
    out of thin air is not done by our government

    the government has been tricked and duped into buying money
    at interest that this private entity prints out of thin air and sells it to us

    ..... actually to whom do we owe this interest to.....ourselves??


    our govenrmnet goes into debt to international bankers for something
    that they could print up themselves at no interest or debt to anyone


    as the bank in south dakota does, state chartered banks could be
    created and they could be doing the fractional reserve banking
    and the huge profits that are created would be used for the good
    of the state and social services for the state......
    NOT for the selfish profit of greedy private bankers...

    and their would be no debt and interest created and owed to these parasites


    just becasue something has been done a certain way for a long time,and we
    have all been duped into thinking the world will end if it were to change,
    that does not make it the best way to do something for the betterment of mankind,,,,
    ,,''

    IAN can you grasp this concept??




    also , when you babble about more regualtion.. who regulates whom.
    and who do you think would be appointed to regulate theves??
    as the movie as already stated, most congresmen are beholding to
    the bankers and will bow to their interests...and do their bidding.....

    so this is basically a case of the fox guarding the hen house......

    like henry ford stateed in the video...
    "if people actually understood our system of banking they would rise up in revolt tomorrow"
    Last edited: Jul 23, 2011
  11. ballvalve

    ballvalve General Engineering Contractor

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    God will bless us with a huge plague, meteorite, or nuclear war before things get out of control. Then the lizards can rule again, and be happy with life without banks.
  12. BobL43

    BobL43 DIY Senior Member

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    That's what I like; a guy with a positive outlook :)
  13. ballvalve

    ballvalve General Engineering Contractor

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    History repeats itself, nothing to do with specific attitude......
  14. Last edited: Jul 26, 2011
  15. ballvalve

    ballvalve General Engineering Contractor

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    OK, we all were told that the dollar was crap so we bought land and houses to protect our stash. Now we are all screwed.

    Now we buy silver at $55 ounce and it drops to $35 in a day. Next we'll drive gold to $2500 an ounce and in a week it will crash to 900$

    GOOD land, with running water, windmill, a bit of solar; guns, food and ammo and tools [and health] remain the only true form of wealth.
  16. ballvalve

    ballvalve General Engineering Contractor

    Messages:
    3,261
    Location:
    northfork, california
    OK, we all were told that the dollar was crap so we bought land and houses to protect our stash. Now we are all screwed.

    Now we buy silver at $55 ounce and it drops to $35 in a day. Next we'll drive gold to $2500 an ounce and in a week it will crash to 900$

    GOOD land, with running water, windmill, a bit of solar; guns, food and ammo and tools [and health] remain the only true form of wealth.
  17. Ian Gills

    Ian Gills Senior Robin Hood Guy

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    A weaker dollar and some hefty price increases would soon turn that mortgage rightside up.

    So a little bit of inflation might work as well..

    Mark's friend is obviously as crazy as ever. In his world, only the Government could issue debt and would do this by printing dollars. So we would have civil servants assessing the risk I pose when I apply for a loan and the Government would take the hit if I default too.

    But worse, guess what happens around election time? The printing machine would go crazy and inflation would rise.

    Monetary policy needs to stay independent of politics and outside of Government hands, which is why it resides with the Federal Reserve (not private Banks as these doomongers are trying to argue).

    Best leave things as they are then. But we need more regulation of Banks and for that we need a bigger Government.

    I want to see more Federal employees in DC telling other Americans how to live their lives and raise their families.

    They can start by taxing soft drinks.
    Last edited: Jul 26, 2011
  18. BobL43

    BobL43 DIY Senior Member

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