Gdub53

The Worst Case Scenario (Someone Has to Say It)

watch the Moneymasters on google video. Then restate your garbage about the FED, fractional banking, and their collection agency, the IRS.


On May 03 06:13 PM john1940 wrote:

> Let me try to help just a few of the responders on just one issue.
> The Federal Reserve is not a private bank. It's a bank created by
> federal law and designed for independence in it's action. There
> are 12 member banks that take care of Federal Reserve responsibilities
> in designated sections of the country. It is audited regularly and
> monitored by Congress. Profits go to the federal government. Go
> to www.federalreserve.gov... for a
> start on FRB. Then try Wikipedia. Stay out of the internet and
> blogs for information. A lot of internet sources are good but most
> of America's poorly educated can't differentiate nonsense from fact.
>
>
> Lastly, I'm not leaving the USA but I am worried about it's future.
> I don't think the predictions are that good but some of it may occur
> in some smaller dosage. The future of our country is very bleak.

This Is Just the Beginning

Against the tax cuts? All the income tax does is pay the privately held BOE and Federal reserve the interest they get for printing money out of thin air. Wake up. This was all planned. Google video..."The Moneymasters"


On Feb 08 12:48 PM Dave Wrixon wrote:

> No, you don't have money to burn. Every dime must count.
>
> I am utterly against the tax cuts, because I don't believe they achieve
> anything useful. There is no such thing as a free lunch, and tax
> breaks send totally the wrong message to the people, many of whom
> need to get their butt into gear and get a proper job.
>
> I am 100% behind infrastructure investment because most of it is
> needed anyway if you are to have a competitive economy in the longer-term.
>
>
> I work on highways in the UK. The money that could be save by investing
> adequately in the first place is unbelievable. Can you imagine how
> much it costs to maintain infrastructure that is already at breaking
> point? Everything is done piecemeal in the middle of the night, often
> in freezing temperatures. Do you really think that is effective use
> of Government money.
>
> Having said that if you invest when the economy is on its knees,
> you do tend to reduce costs. If contractors are struggling to make
> ends meet, it surprising how much they will sharpen their pencil.
>
>
> Also you must remember that lost momentum in the economy cost the
> Government dearly because of increased social cost when the tax base
> in shrinking. For the stimulus to have an impact you need to have
> a Keynesian multiplier as high as possible. In other words the Government
> spend induces additional private sector spend that exceeds the usual
> wastage. Only infrastructure projects will deliver that multiplier.
>

Ray Dalio: A Long and Painful Depression - Barron's Interview

Abolish Federal Reserve. End the fractional reserve banking system. Abolish the IRS. Don't you people get it? The more money printed by this private banking cartel the more interest they collect. Don't you people realize that all the income tax does is pay this cartel their interest for the money that's created out of thin air? What a scam. More money = more interest. Google video..."The Moneymasters".