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Jim Myrtle

Jim Myrtle
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  • Can A Central Bank Always Create Inflation? [View article]
    Wow!
    I'm embarrassed for you.
    Jan 7, 2015. 11:34 AM | 3 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    I found the source of your confusion.

    "with publicly-owned, apolitical"

    Where do we find these mythical organizations presently?

    "May I again suggest that anyone wishing to pursue the concepts static-free read The Public Bank Solution and Web of Debt"

    Based on previous experience with Ellen's writings, you won't clear up your confusion by absorbing her confusion.
    Jan 4, 2015. 08:51 PM | 2 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "The laundry list of malinvestments / mal-lending that you provided is precisely what a conservative bank chartered for the purpose of public rather than private good would resist"

    A new bank, making exactly the same kinds of loans as the other banks?
    Why bother?

    "In addition, interest (e.g., on CA's $54B essentially untouchable rainy day fund mentioned in the interview which would be kept in the federally chartered bank owned by CA) would now be available as profit to the public for public benefit"

    How would putting the rainy day fund into a state bank benefit the public?

    "handling mainly public funds and doing some public works-related lending in the manner of other depository institutions"

    Like lending the rainy day fund to the state for high speed rail?

    "That public banks would divert cash flow from private banks is a powerful incentive for private bank interests to quash the notion, wouldn't you say?"

    That public banks would put taxpayers on the hook for politically motivated lending is a powerful incentive for taxpayers to quash the notion, wouldn't you say?
    Jan 4, 2015. 12:14 PM | 2 Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    "Acting as if I had said that suddenly going into renewables would have turned the global climate on a dime"

    I asked you a question, I did not claim you said the above.

    "They found that in the years leading up to the civil war, the region had a historically rare three-year drought"

    Thanks. So based on 100 years of history, a three-year drought can only be explained by AGW? That's funny.

    "The team found that it was highly unlikely that natural variations in climate could have caused severe drought for so many years in a row, but that human-caused climate change made it much more likely." "

    Of course, because AGW has magic powers.

    "I infer from that that they meant statistically out in the tails of the normal distribution"

    And that didn't happen before mankind started burning fossil fuels.

    I always love when warmers point to a storm or a hot spell or a flood (or a drought) and say we caused it. And when they predict more severe and more frequent hurricanes, like they did after Katrina.
    Jan 3, 2015. 10:25 PM | 5 Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    Her scary articles, error filled though they are, do get her plenty of attention.
    Jan 3, 2015. 09:51 PM | Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "Do laws establish acceptable and unacceptable conduct? Yes"

    Did the slavery laws pre-Civil War "establish moral conduct"?
    Jan 3, 2015. 09:50 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "Now there is a new debt"

    That's funny.
    Jan 3, 2015. 09:23 PM | Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "Yes, I can"

    Excellent! Are the words greed and morality actually in the section you're going to provide?

    "In other words, laws establish moral conduct"

    That's an interesting claim. I don't happen to think it's correct, though.
    Jan 3, 2015. 09:22 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    "It's not money. Your debt has merely been " discharged" to the Federal government. ......."

    No, my debt was paid. The Federal government is not and was not involved.
    Jan 3, 2015. 09:10 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    This note is legal tender for all debts, public and private.
    Jan 3, 2015. 08:04 PM | Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Yes, you explained that paying off a debt with FRNs doesn't actually pay off the debt.

    While offering no proof whatsoever.

    I've been paying off debts for decades with FRNs and never had a single creditor come back and claim my debt was unsatisfied by that method of payment.
    Jan 3, 2015. 07:39 PM | Likes Like |Link to Comment
  • Russian Roulette: Taxpayers Could Be On The Hook For Trillions In Oil Derivatives [View article]
    "I question the $1 trillion figure but it depends on when you mean we would have switched to renewables"

    Just throwing a really big number out there.
    If Bush spent an extra $1 trillion on "green energy" would that have stopped the drought? 50% of the drought? None of the drought?

    "But you knew you were offering a strawman, didn't you."

    You think my questions were a strawman? You should double check the definition.

    No reaction to the idea that our ethanol boom caused unrest by raising food prices around the globe?

    "But at least a couple studies have found that the one in the fertile crescent was historically anomalous"

    Historically anomalous? You mean, unscheduled? Bigger than it should have been? What do you mean exactly?
    Jan 3, 2015. 07:34 PM | 2 Likes Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Pointing out your errors isn't fiction.
    Still looking for a definition of discharge?
    Jan 3, 2015. 07:25 PM | Likes Like |Link to Comment
  • The Confiscation Of Bank Deposits And The Derivative Debt: James Corbett Interviews Ellen Brown On GRTV (Video) [View article]
    "in the hands of publicly accountable, transparent boards of governors"

    Accountable to politicians? Appointed by politicians?
    Pressured by politicians to lend to favored groups?
    First time home buyers? Sub prime borrowers? Green energy producers?
    Inner city borrowers? Illegal aliens borrowers?

    I'm sure the political contributions would dry right up.
    Jan 3, 2015. 07:23 PM | 1 Like Like |Link to Comment
  • Can A Central Bank Always Create Inflation? [View article]
    Fiction is fun!
    Jan 3, 2015. 07:16 PM | Likes Like |Link to Comment
COMMENTS STATS
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