Forget a Recession! A GREAT DEPRESSION is coming!

Discussion in 'Politics' started by skip, Jan 17, 2008.

  1. BULL

    BULL Member

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    Many good points,Reccession or New World Order?
    When the federal reserve was (CREATED) to help support and back the U.S. it was ths private banking of the U.S.Government to provide industry standard intrest rates and to back notes,bonds,securities,and t-bills.
    Which they have profitted greatly from over the years.
    They are not part of the U.S.Government,but a private bank.
    U.S.Congress is the only government department that can lawfully issue the amount and printing of the U.S.curency.The life expectancy of a dollar as predidcted by mathmaticians/economists on its natural life cycle will lose its value to .05 cents over a 40 year period.This method takes the average cost of living raises through a 40 year period.
    The (Federal Reserve) owned and operated by a few of the wealthiest family's on the planet,are now and have been telling our government when and how much curency to print and circulate.Thats a big NO-NO and recipe for disaster.
    This weakens the value,and gives the power to them,instead of the people.When the people say enough is enough and stand up for themselve's instead of bitching and moaning about what they percieve to be wrong,and telling the government to fix it,then maybe things will change.
    What is a slave? A person who works all year long,with very little rest,and at the end of the year owes on the things they have without really owning them,and then doing it all over again next year.Wasn't that what the slave owners did? Worked the people like mad,kept them poor,and strung along with meager tidings of survival,day in and day out.What do you really own,besides the responsibility?
    Every action has a reaction.As long as we are focused on arguing about semantics,you will never see whats really going on.In instances like this,we can come out better in the long run if we realize that we can take control of the situation by not doing what the government tells you to do.Save the tax relief you get,spending it only gives it to the rich,unless you really need food,heat,or nessesities.
    Take back your power as an AMERICAN where the people have set a world standard,not the government.Americans dont bail out,we jump in.
    Governments need people,not the other way around,and untill people stop depending on the government to fix thier problems,nothing will change.
    There will always be a reccession to deal with.
    Notice how the public/private citizen usually fix's a problem that the government can't?
    The time to stop spending is now.Save for tommorrow.The rich have enough to lose thier share in the markets without going under.It might even make a level playing field.I'm poor so I really cant lose anything,cuz you cant take my dignity,or my beliefs.The rest I am only using until I'm done with it.
    IMHO PEACE BULL
     
  2. Pepik

    Pepik Banned

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    Sure you don't Rat, suuuuuuuuuuuure you don't.
    And in 2010 you will predict it is coming sometime between 2011 and 2020. Etc. You should read conspiracy theories from the 1950s, they were pretty sure the end was near too.
    First of all, the job of the "FED" (why is this all capitals?) is to ensure high employment, sustainable growth, and stable prices, not to influence exchange rates. You think its all about the dollar because that's what conspiracy websites tell you to think, but its not, nor should it be.
    What is artificial about them?
    Inflation in 2007 averaged 2.85%. How is this "through the roof"? Is this just one of the things you repeat without thinking?

    I didn't say that.
    I didnt say that either.
    Sure is.
    I never said that.
    No, to be a kook you need to believe ridiculous conspiracy theories without questioning them.
    I didn't say that either.

    You seem to get really hysterical if anyone disagrees with you. You're like those people who, if you say Bush isn't worse than Stalin, say that makes you a Bush loving neo con apologist.

    But lets get back to your story on the interest rates leading to a currency collapse. I pointed out that Japan had near zero interest rates for a decade, yet their currency never collapsed. Your response was nothing, presumably because your conspiracy websites never mentioned this so you don't know how to deal with it, and thinking it through yourself is obviously not an option.
     
  3. peacechicka1

    peacechicka1 Member

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    Indeed, guy.
     
  4. JohnWalker718

    JohnWalker718 Member

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    props pepik!!!! These people need to be confronted!
    but yah really think n. American union is a myth? Sure does make sense for us to economically unite.
     
  5. Pepik

    Pepik Banned

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    Its a myth, I think we need (more) free trade, not economic unity.

    I live in the EU and the only useful part of it is the free trade. The political union - what little there is - is a total waste and should be torn up.
     
  6. Pressed_Rat

    Pressed_Rat Do you even lift, bruh?

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    Sure, it's a "myth," even though it's already been admitted dozens of times:

    https://www.youtube.com/watch?v=Br31mdP8-Ug

    I guess the plans for a NAFTA superhighway are a myth, too, as is the Trans-Texas Corridor.

    Once again Pepik outs himself as the disingenuous shill that he is.
     
  7. skip

    skip Founder Administrator

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    Rat keeps making a statement that bothers me. He says the Fed prints up money out of thin air.

    Well that's not quite right.

    Like many things, it takes TWO to tango to the Feds music.

    In order for the Fed to print/create/manifest, whatever, new money, there must first be a DEBT created. Yup! That means someone must ASK for the money. Then the Fed will print it up and LOAN it out.

    So first comes DEBT, then comes MONEY.

    This is because all modern BUSINESS ACCOUNTING systems require a DEBIT and a CREDIT for every transaction. That's the only way NEW MONEY can get on the books, someone must OWE it back to the Fed.

    So in order to print new money the Fed must ENCOURAGE banks to create MORE DEBT!

    What this means, and the most important point in this is that the ONLY WAY for our economy to expand is for US, you and me and the rest of America to go into more debt!

    The whole expansion of our economy during the Bush years has been created by the US gov't going further into debt to finance the wars (remember Clinton was paying our debt off rather nicely, until bush came to power!)

    Also contributing of course is business and personal debt (all those overvalued homes being purchased, putting ppl further into debt, increased our money supply).

    When Clinton was paying off our debt, the US dollar SOARED to great heights! Why? Cause we didn't need to print up so much new money and go further into debt! That strengthened the economy.

    I hope that clarifies stuff.

    It's so EASY to say they print money out of thin air, but sorry RAT it just ain't true! That's why the Fed is currently auctioning Billion$ to the banks. They want us to go further into debt.

    But guess what? We AIN'T BUYING it anymore! So thus will you see the Decline and Fall of America...
     
  8. Pressed_Rat

    Pressed_Rat Do you even lift, bruh?

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    You're not telling me anything I don't already know. Of course the politicians are part of the problem as well, but it's the Fed that controls the government. Not the other way around. The most powerful man in Washington isn't Bush or Cheney, but the chairman of the Fed. Most politicians, and especially the high-level ones, are puppets of the central banks. They don't make up their own rules and decisions. We know what happened to Kennedy when he decided he was going to do his own thing and even talked about getting rid of the Fed.

    When you print worthless paper money with no backing, this creates inflation and the gradual devaluation of the currency. Yes, the Fed wants to collapse the economy (as I have been saying all along), that way the big banks can come in and buy up all the smaller banks, while the multinational and foreign corporations buy up the smaller corporations, as well as large chunks of our infrastructure (which they have already been doing). So what we're really talking about is massive consolidation by the big banks and corporations. We are entering into a NEO-FEUDALIST system. Do you know what feudalism is? It's when a handful of people own and control literally everything.

    So yes, the Fed DOES print money out of nothing (this is common knowledge), which indebts the US to the foreign bankers that own this country through their control of the money supply, via the privately-owned "Federal" Reserve. Before 1913, the US printed its own money and the money was back by gold. It's not backed by gold any longer, so now they can just print the money at their own leisure, and thus break the economy at their own will. To these people money is simply about control.
     
  9. cadcruzer

    cadcruzer Sailing the 8 seas

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    Then you provide a link that doesnt back up that claim.

    What, now its just a PLAN?
    Hell 2 months ago you made the claim that construction has already been started, contacts signed, people being forced off their property,done deal.
     
  10. Aristartle

    Aristartle Snow Falling on Cedars Lifetime Supporter

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    LOL @ Mid-continent trade corridor from Mexico to Churchill.

    Churchill? The Polar Bear capital of the world?

    *scratches head*

    Most Canadians wouldn't mind it if Winnipeg was kicked off planet earth. Manitobans have always taken pride in their Ministry of Transportation and they are one of the few provinces to have successfully provided a functioning and affordable public automobile insurance program for tax-payers. Winnipeg has the highest concentration of First Nations people living in an urban area. I can see Winnipeg as being a natural pre-approved Customs checkpoint for goods being transported to Canada. It has the largest wheat market, it seperates the East from the West and the North from the South. But Churchill?

    Hahaha. Could Winnipeg become the pinnacle of Canadian imports?
     
  11. Pressed_Rat

    Pressed_Rat Do you even lift, bruh?

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    Churchill sits on the Hudson Bay of course, and there is a port there (the Port of Churchill). It's Canada's principal seaport to the Arctic Ocean. There are already talks of an "Arctic Bridge" between Canada and Russia, which would be an ice-free shipping route linking North America with Europe and Asia. I found it rather interesting that in October of last year, the Port of Churchill received its first inbound shipment in seven years, and the first ever from Russia. So it would appear that this is another trade route that is opening up, and it makes sense this NAFTA superhighway would extend to Churchill, because with the proposed Arctic Bridge, it would literally open up a trading corridor extending from Mexico, through Canada and across the Arctic Ocean, to the Asian continent.
     
  12. Aristartle

    Aristartle Snow Falling on Cedars Lifetime Supporter

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    Bienvenue au Soviet Canuckistan!

    There's still ice in the Hudson's Bay however. It's faster and cheaper to hire private pilots to take you, your supplies and goods up to Resolute and past on up to Russia. A compass doesn't work that far North, so weather conditions are critical. The ice breakers are awfully slow and aren't equipped to carry large cartel shipments that kind of distance with efficiency, though.
     
  13. txbarefooter

    txbarefooter Senior Member

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    I wonder if I went to the fed and asked for a billion dollars if they would give it to me ? It would be debt, right ? I'd put it in the bank, live off the interest and make partial payments back to the Fed. :)
     
  14. cadcruzer

    cadcruzer Sailing the 8 seas

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    AKA artice sea bridge.

    Its a potential sea route, not an actual bridge.



    lol.



    I do "kinda" remember this tho http://news.bbc.co.uk/1/hi/england/1914880.stm

    that would be cool as hell.
     
  15. cadcruzer

    cadcruzer Sailing the 8 seas

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    You'll regret it the rest of your life if you dont atleast try.:smartass:
     
  16. Pressed_Rat

    Pressed_Rat Do you even lift, bruh?

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    Did I say it was an actual bridge?
     
  17. guy

    guy Senior Member

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    money is created by debt as pointed out by other people

    when i take a loan for a house for examplt that money never existed until i needed the loan it appeared out of thin air.

    problem is - for me to pay off my loan other people need to take out loans too, i need their money to ultimately pay off my loan.

    so what happens is people go into default and make a loss. the money they have as a loss ultimately helps pay my loan.

    you will find that our entire economic system relies principly on creating unemployed people, thus there are winners and losers, the loans and source of money is something that greases the wheels of the grinder.
     
  18. cadcruzer

    cadcruzer Sailing the 8 seas

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    If it so bad, why stick-with/use it?
    Theres always the Liberty Dollar.
     
  19. Love_N_it

    Love_N_it Banned

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    When you say the SHIT IS GONNA HIT THE FAN !!
    Do you believe we will experience a scenario where Americans will be cut off from their supply of electricity, drugs or gasoline ?

    Fuck a depression, I'm looking for the reckoning.
     
  20. Pressed_Rat

    Pressed_Rat Do you even lift, bruh?

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    Money IS debt. The money that is printed today represents debt.
     

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