Can someone explain to me why the federal bank is corrupt and must be eliminated ?
They mint money at interest
>gov gets loan from fed
>"ok now make sure you pay us back with interest"
>print interest for the gov to pay back
>ok now make sure you pay us the interest on the interest
do you see where this goes?
>>55321145
That's not how it works at all. Any profits the Fed makes go straight back to the treasury, and the Fed doesn't loan money to the government it simply buys debt the government already agreed to take on.
Central banks are terrible because they fuck with the interest rates, the natural price of future money -- just as it's terrible when the government fucks with the price of food or televisions but even more-so because money is everywhere. Your misunderstandings make it seem like a nationally-run bank would be any better in this regard.
>>55321012
not specified inb4 jews so therefore jews
>>55321857
Buys it with what my good goy friend?
It enables terrible bank and government policy especially with interest rates at 0 like you have. It's supposed to be a lender of last resort.
>>55321857
ok nice points
Can you now make an argument AGAINST interest free money such as the greenbacks?
>>55322147
Money printed out of thin air. Not defending that, but that's no excuse for being wrong on the internet.
Jackson was a pretty based president
>>55321857
>Still believing the Fed is not a private bank.
The treasury wont see a dime.
>>55321857
>That's not how it works at all. Any profits the Fed makes go straight back to the treasury
Wrong. The Fed has private shareholders that are paid dividends.
From section 7A of the Federal Reserve Act (1913):
>In General. After all necessary expenses of a Federal reserve bank have been paid or provided for, the stockholders of the bank shall be entitled to receive an annual dividend of 6 percent on paid-in capital stock.
How does it feel to know that secret bankers are profiting off of money printed out of thin air?
10/10 would bang OP's pic
https://www.youtube.com/watch?v=rCWXrMCGJT4
https://www.youtube.com/watch?v=n0NYBTkE1yQ
https://www.youtube.com/watch?v=mlEt8vAmR8M
>>55322323
All fiat money is terrible, but let me play the devil's advocate then:
The only difference between the greenback (printed by the treasury) and our current dollars (printed by the Fed when they buy debt) is that dollars can only come into existence if someone is willing to lend to the government. The treasury must show at least some restraint in its spending, and have some minimum of responsibility or investors might lose faith and stop lending. Without that, the treasury can just print as much as they'd like.
In either case, however, the public is still being robbed. It's true that the treasury would no longer have to borrow money that will be repaid in tax dollars, but they'd have to print more money to make up for that which is a tax all the same. From the public's standpoint, there is no difference between the two. I would argue that the inflation tax is even worse, because not only does it raise prices for everyone, it transfers wealth from the poor and middle class to the wealthy as people who receive the new money first (banks, politically connected) have the opportunity to spend it before prices increase.
>>55322570
Unless the treasury is lying, they get paid yearly. And if they are lying, then in what way are they private if the government is the only thing enabling them to do what they do?
>>55322570
coins are actually the only sovereign currency made by the treasury. it's bills that are made by the fed out of debt
>>55323070
Look here >>55322627 and here >>55322732
They pay dividends to private stockholders. They are not subject to congressional regulation, FOIA requests, independent audits, or any other kind of oversight.
The Fed does trillions of dollars of off balance sheet transactions to random overseas banks and when congress asks where the money went the Fed basically says fuck off.
They're more or less a private entity operating within the government.
>>55323070
>Federal Reserve Act + Banking Act
>By law, only the fed can now print U.S dollars
>Government has to buy their own money from a supposed government affiliated bank
>USA now 19 trillions in debt
>>55321012
this quote is unsubstantiated I think
he hated banks tho
and indians
Really ruins my zeitgeist boner about him fighting the banks seeing as how he slaughtered Indians
>>55323125
I have some old silver half dollars in good condition its kind of funny to think they're worth more just to be melted down than a 5 dollar bills
>>55323686
>not murdering redskins
faggot
>>55321857
There are a lot of angles to this.
- Federal Regulatory Agencies are supposed to prevent Fraud, Money Trust, Anti-Trust, Regulate Banks
- There is evidence of systematic deregulation, clear to anyone in the Savings in Loan Scandal of the 1980s-1990s and William K. Blacks's Work in prosecutions, forward through 2008 and to today
- What is money, Fiat, Debt Based Money, Sovereign Money, money created without debt, money created without Usury
- What is a Central Bank supposed to accomplish, to prevent moral hazard and a federal govt with too much spending and too much debt?
- What is Usury? Why was Usury outlawed prior to Biblical Times, even illegal for fees to be charged?
- Why is this the 3rd Central Bank in the USA?
- Why after Teddy Roosevelt passed the Sherman Anti-Trust act did we get secret bankers meeting for a new central bank, why did WWI follow right after, and then a major stock crash and depression? Why aren't banks regulated by the FTC if it was created to Regulate them?
- Why does the federal budget rise exponentially after 2002 - 2015, with little comment by the Federal Reserve?
- Why has the Federal Reserve manipulated Monetary policy with the heaviest of hands since 1999 dot.com crash?
- Why has US Economy gone from Labor Oriented-Manufacturing Oriented, Gold Oriented... toward War-Consumption-Debt-Fiancialization-of-everything-Trade Economy
Why did the UK stop being a Great Empire? How did wars make them too indebted, and lead to little investment in their own economy?
>>55323070
The courts have ruled that fed banks are not government entities:
https://www.rcfp.org/browse-media-law-resources/news/fox-loses-foia-suit-against-federal-reserve
>Hellerstein also ruled that the 12 regional Federal Reserve banks are not government agencies. Therefore, he held, the Board in Washington was not obligated to search the records of the regional banks in response to Fox’s FOIA request.
I don't think they need to be eliminated. It would be ideal if they were, but that will be a long and hard battle.
It would be better to combat the obvious corruption seen here >>55322627 by regulating how much money bankers can make off of shitty things like overinflation and poor interest rates.
>>55322954
I call that Usury, from a supposed friendly private stockholder-owned central bank.
This should be National Discussion.
The Bankers take over Corporations, then sell them off to foreigners as often as not.
http://www.bea.gov/newsreleases/international/intinv/iip_glance.htm ($31 Trillion foreign compared to $25 for US, and this GAP is widening)
This is very interesting as Big Banks are growing strongly, but the number of total us banks is dramatically decreasing, Commercial Banks in the U.S.
http://research.stlouisfed.org/fred2/series/USNUM (5,500 total US Banks)
http://research.stlouisfed.org/fred2/series/ROWFDNQ027S Foreign Investment (Way higher than Domestic Investment)
http://research.stlouisfed.org/fred2/series/GPDI Domestic Investment
In fact Foreigners Own over $6 Trillion in US Treasuries, check the total column.
http://www.treasury.gov/ticdata/Publish/mfh.txt
Check of the Deregulation of US Banks and Reforms from the Great Depression
Now Holding Companies are the Corporate form of Wall Street banks allowing them to manage the US Savings Deposits of $800 Billion.
1970 - Bank Secrecy Act (BSA), also known as the Currency and Foreign Transactions Reporting Act,
1978 - Bankruptcy Reform Act of 1978,
1980 - The Depository Institutions Deregulation and Monetary Control Act (J. Carter, followed by S&L Crisis, 5000 convictions, RTC)
1981 - Executive Order 12287, (R. Reagan, removed price controls on Petrol)
1984 - Caribbean Basin Initiative (Free Imports to USA)
1992 - Energy Policy Act (H.W. Bush)
1994 - WTO Authorization, Fast Track Authority for US President
1995 - Community Reinvestment Act, the Clinton Admin urged flexibility,
1996 - Energy (W. Clinton, followed by ENRON Scandal)
1999 - Gramm–Leach–Bliley Act (Phil Gramm, W. Clinton, followed by 2008 Financial Crisis)
2000 - Commodity Futures Modernization Act of 2000 (P. Gramm, W. Clinton, derivatives)
>>55324891
How come none of this is common information?
Is it safe to assume that many of theses foreign and domestic investment bankers are jewish?
Economy is Transformed from the USA that was so great an Industrial Power. We used to have a Multiplier Effect from our Manufacturing. Now that has trended down dangerously just like Velocity of Money Stock. Assets denominated in US Dollars are over a Quadrillion, processed through Cede & Company and DTCC Corporation.
Central Bank is supposed to Regulate Banks and Financial Institutions, prevent exponential federal debt, and advise congress. Private Federal Reserve has not advised the Public or Congress of the many Risks from shadow banking and shadow derivatives.
https://en.wikipedia.org/wiki/United_States_free_trade_agreements
https://en.wikipedia.org/wiki/Deregulation#United_States
https://en.wikipedia.org/wiki/War_Powers_Resolution
https://en.wikipedia.org/wiki/Keating_Five
https://en.wikipedia.org/wiki/Resolution_Trust_Corporation
https://en.wikipedia.org/wiki/William_K_Black
https://research.stlouisfed.org/fred2/series/MZMV
https://research.stlouisfed.org/fred2/series/M2V
https://research.stlouisfed.org/fred2/series/M1V
https://research.stlouisfed.org/fred2/series/MULT
http://research.stlouisfed.org/fred2/series/MANEMP (Top was 1979)
Central Banking is a Banker Scam. We were not intended to have a Recovery or Economic Money Velocity. TARP, QE, LIRP are Scams, while they plan to buy up more companies.
Total US Debt $59 Trillion, Total Federal Debt $18.2 Trillion, Total Liabilities maybe $200 Trillion according to Lawrence Kotlikoff, USAwatchdog.com
FTC, SEC, FINRA, DOJ, FBI, federal court system all out gunned by the big money of Wall Street Banking.
>>55323999
if we had actually let them have their own shit it would be really cool and unique in America to have a thriving native population... And it is less ammo against da ebul whiteys than the trail of tears...
Also how can you get more redpilled than a native lifestyle? They happily practiced gender roles and being in tune with nature, the opposite of feminist sluts trying to shoulder white men our of professional jobs using affirmative action / the state of the modern male which is to sit in front of a computer screen intellectualizing on abstractions rather than having practical skills in any field
>>55325343
All business is about winning and conspiracy against others.
Often it means an intelligence operation and a counter intelligence operation.
Often it means relationships with government officials to get legislation passed or studies publicized to swing opinion (often through regulation capture).
There is some flaw in the Ego of men that wants to keep information secret and Ego to self promote ones self (power and control).
But yeah.
I heard lots of bankers inter-marry with Jews or Jewish-European Bankers.
Greed, Envy, Jealousy, cheapness, fraud, criminal behavior are part of the subset of all humans.
But the Original Bankers that formed the Central Bank appear largely like European-Jews.
Many normal people in the USA are Christian and have a distaste for business, and business education. But never underestimate blue collar or union workers.
Business people are often uptight and cheap, and difficult to work with.
Cede and Company - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Cede_and_Company
Depository Trust & Clearing Corporation - Wikipedia, the free ...
https://en.wikipedia.org/ wiki/ Depository_Trust_%26_Clearing_Corporation -
The Depository Trust & Clearing Corporation (DTCC) is a US post-trade financial services company providing clearing and settlement services to the financial ...
Greg Morse says V the Guerrilla agrees that DTCC, US Holding Company, not only holds all the real stock certificates in USA and much of the world too... but is behind setting up the BRICS Central Bank.(146 Minutes into Video, Euroclear, Clearstream, Cede & Company, Luxembourg, Russia)
https://www.youtube.com/watch?v=HmJKrhWucC0
Cede & Company, Holding Company, Depository Trust, not local bank 45 minutes in.
Sole Registered owner of all stocks on wall street
Most powerful member of Federal Reserve owns all US Stocks as the Holding Company.
DTCC, 51 minutes in.
Wall Street makes self developed rules
SSRO, 52:30 minutes.
>>55325523
>those manufacturing numbers
Glad I bought emerging markets today
Economists and financial people don't seem worried, but this system very clearly seems like a scam.
Just the fact that the fed uses inflation to steal from the people and uses the profits to pay dividends to private bankers should be enough to alarm people. People don't give a shit though.
>devalues your savings to give trillions to their banker and corporate buddies
Man I wonder
>>55321012
WATCH THIS VIDEO
>https://www.youtube.com/watch?v=iFDe5kUUyT0
>>55324876
Actually I think you are on track here.
$600 Billion Dollar US Bond Market could be crashed by Wall Street Banks if we put an end to Usury.
I guess they can just call in the Loans as they down grade credit on governments and businesses. It seems they recovered a lot of assets in the Great Depression this way.
>>55321012
>Can someone explain to me why the federal bank is corrupt and must be eliminated ?
Jesus Christ dude you're about 7 years late in asking this question. This discussion was hot whe END THE FED was still a thing. You're not beating a dead horse, you're exhuming its corpse and mashing its soggy rotten bits with a meat tenderizer.
>>55324533
And yet Corporations have powers greater than governments and very little responsibility. They can win against the governments in court by out matching them in Legal Experts and Cash.
AND.
The Central Banking Powers are "Inherently" Governmental!! And a Matter of National Security as well!!
A case could still be made for FOIA Powers.
>>55326097
If you ask people what the mandate of the Private Fed is...
They will say
- Inflation control
- Maximize Jobs
- Keep the stock market up
- Keep govt from spending too much money
- Prevent Moral Hazard
I don't see any of that. You have to go to private sources like John Williams to get better inflation numbers. But we all see food, education, housing, property taxes, utility costs, health care costs going way up. And that is intended by the Usury System.
All I really see is the Private Fed keeping stock prices high.
http://www.businessinsider.com/gundlach-webcast-presentation-december-9-2014-12
Well and they lie to create TARP Corporate Bailout to protect Bonus money. And they lie about QE being for Main Street.
https://www.youtube.com/watch?v=g88GSVYy1Io [Embed]
https://www.youtube.com/watch?v=p-0BPMwgKNA [Embed]
https://www.youtube.com/watch?v=TYZSjRLwDcM [Embed]
http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2014/02/declining_business_dynamism_in_us_high_tech_sector.pdf
http://www.brookings.edu/research/papers/2014/05/22-decline-business-dynamism-is-for-real-litan-hathaway
https://www.youtube.com/watch?v=RmPUKy-3OfY
https://www.minneapolisfed.org/research/wp/wp666.pdf
>>55326434
Hey man I'm just repeating what the Supreme Court and the fed itself has said. The fed isn't federal.
http://openjurist.org/275/us/415
>Instrumentalities like the national banks or the federal reserve banks, in which there are private interests, are not departments of the government. They are private corporations in which the government has an interest
https://www.youtube.com/watch?v=UOEOa9iraeI
>is the fed private?
>"Ah yes it is actually. yes our state chartered banks, banks under a charter share that and we pay a dividend on those shares"
http://www.bloomberg.com/apps/news?pid=20601203&sid=avjlPu.bRVmk
>the New York Fed and other regional banks maintain they are separate institutions, owned by their member banks, and not subject to federal restrictions.
>>55322732
https://www.youtube.com/watch?v=DDTGHumLk2Y
Not sure which version above is best.
https://www.youtube.com/watch?v=jqvKjsIxT_8
http://neweconomicperspectives.org/2011/09/william-black-why-nobody-went-to-jail.html
http://bilbo.economicoutlook.net/
https://www.youtube.com/watch?v=TwqUr7PSRO8
Not sure which version on above video either.
http://www.zerohedge.com/news/2015-03-06/financial-documentaries
http://www.zerohedge.com/news/2012-10-14/top-15-economic-truth-documentaries
I haven't seen all of the above yet, but should be good links to check.
>>55327115
Yeah. I know.
Sorry If I didn't come across right.
I guess I should drop the exclamation points.
>>55328011
>http://www.zerohedge.com/news/2012-10-14/top-15-economic-truth-documentaries
wow some links still work with comments that add more links.
>>55329574
>http://www.zerohedge.com/news/2012-10-14/top-15-economic-truth-documentaries
The most important video you will ever see: http://www.youtube.com/watch?v=F-QA2rkpBSY
The end of the road:
http://100thmonkeyfilms.com/endoftheroad/
Debt Collapse:
http://www.youtube.com/watch?v=tj2s6vzErqY
No one mentioned "Austerity".
I think this is what the US Private Federal Reserve, Bank of England (UK Central Bank), and ECB (European Central Bank) have put in place.
The PIIGS and clearly Greece are only part of the Example.
Western Banking is said to be run on the same system. Special powers for State and National Banks to create money in the form of loans with Usury. If they loans go bad the banks still got the collateral and fees no matter what. So it goes without saying that each year they get Bonuses for Christmas.
But Europe started out as Nobles with the best land and resources, then to monarchies then to trading empires (sometimes privateering and pirating). It was feudal system of serfs and people that could become 'white slaves' through empressment or being captured by people of your own country.
People were Labor.
But there were also Bankers and international bankers who would bring debt to the empires and eventually bring them down.
Austerity is part of this process of limiting the cost of labor and now pressing people to take credit and debt (to become indebted).
Money must flow in any Economy. These days Economies are not closed systems. This makes management a little harder to understand as globalism has grown.
Money can flow to China, but the local economies must still have money flow and economic activity to sustain equality and social order (social contract of some sort).
If King George imposes Usury and Currency on the Colony in America, then money flows back to England. And the American colony suffers and declines.
http://bilbo.economicoutlook.net/blog/?p=32294#more-32294
Austerity with loose Banking Regulation.
>>55329961
Thanks.
I was wondering which one to check next.
Monopolist Power is an Issue.
Monopolies don't seem to have Responsiblity to country, patriotism, workers, preserving other companies they purchase, preserving capital or wealth of companies they purchase.
This is like Central Banks in the West.
This is like Wall Street Executives.
This is like US Congress.
- This is Status Quo
- This is No Term-Limits
- This is Regulation Capture
- This is No Transparency or very little
- This is Banker Wars
- This is Corporate Bailouts even if they say it is for Greece or some other country
- 1979 Chrysler bailout, Iacocca approached the United States Congress in 1979, Chrysler was required to reduce costs
- 2009 Chrysler bankruptcy, Because of the Chrysler bankruptcy, Iacocca may lose part of his pension from a supplemental executive retirement plan
- 2008 BMW Auto Bailout, CPFF
- 2008 Caterpillar Inc Bailout, CPFF
- 2008 Chrysler Financial Bailout, CPFF
- 2008 Ford Auto Bailout, CPFF
- 2008 General Electric Bailout, CPFF
- 2008 Genworth Financial Insurance, CPFF
- 2009 GM bankruptcy & Bailout
- 2008 Harley Davidson Bailout, CPFF
- 2008 Hartford Financial Insurance, CPFF
- 2008 McDonalds Bailout, CPFF
- 2008 METLIFE Bailout, CPFF
- 2008 PACCAR Bailout, CPFF
- 2008 Verizon Bailout, CPFF
- 2009 Toyota Bailout, CPFF
- 2009 Wall Street Bailout, Unlimited FED Loans, $800 Billion TARP, $4.4 Trillion QE, And 6 Years of LIRP/ZIRP
But 90% of US Jobs are Small Business not big Corporations. The core is Small Businesses.
http://www.kauffman.org/~/media/kauffman_org/research%20reports%20and%20covers/2014/02/declining_business_dynamism_in_us_high_tech_sector.pdf
This thread makes some decent points
I'm gonna have to look into this
>>55330447
What if the interest ratedoesn't exceed the value produced though
Debts are only a major problem if your liabilities exceed your income and you're not financing retardation
Wow.
Private Federal Reserve is not helpful in keeping visibility of federal debt in front of US Congress and the US Public.
Fed doesn't no prevent moral hazard in federal budget increases.
http://thehill.com/blogs/blog-briefing-room/news/259476-ex-gao-head-us-debt-is-three-times-more-than-you-think
"The former U.S. comptroller general says the real U.S. debt is closer to about $65 trillion than the oft-cited figure of $18 trillion.
Dave Walker, who headed the Government Accountability Office (GAO) under Presidents Bill Clinton and George W. Bush, said when you add up all of the nation’s unfunded liabilities, the national debt is more than three times the number generally advertised.
“If you end up adding to that $18.5 trillion the unfunded civilian and military pensions and retiree healthcare, the additional underfunding for Social Security, the additional underfunding for Medicare, various commitments and contingencies that the federal government has, the real number is about $65 trillion rather than $18 trillion, and it’s growing automatically absent reforms,” Walker told host John Catsimatidis on “The Cats Roundtable” on New York’s AM-970 in an interview airing Sunday."
"He said Americans have “lost touch with reality” when it comes to spending."
- This is also proof of Propaganda by all members of US Congress and the US President
- Would question agencies like OMB, CBO, GAO, Treasury, Federal Reserve, and IG Inspectors within Agencies
>>55332748
Yeah they aren't exactly leading the way in visibility.
https://youtube.com/watch?v=P8p0nBa866E
>will you tell the American people who you loaned over 2 trillion dollars?
>no
>>55332748
he makes a good point nobody talks about the unfunded liabilities and all the bullshit pensions that are due
>>55332613
Well I'm not an Expert.
But...
Middlemen Extract Wealth from the Economy as Rentiers, or as Rent Seeking Behavior. They profit from increasing prices on assets or derivatives pretending to be assets.
Derivatives themselves and shadow banking raise all kinds of questions about value, methodology, and rehypothication.
Capital can stagnate and not be used within an economy as well. If Executives use Debt to extract the wealth from a company, drive it into the ground, pay dividends to investors, then fire all employees and close it down... then this could be predatory, looting, or mal-investment.
Tax havens and wealth havens are countries or states where wealth moves outside of the economy and may to some degree sit stagnant.
The Idea of Interest Rate increasing the value of goods/services produces seems to assume a kind of value in inflation.
- Most people don't like high housing costs, higher health care costs, higher education costs, higher food costs, nor the lying by the federal govt about this
- Wash DC seems to feel everyone should work forever and some how gain higher salaries forever... kind of elitist since they make money off of career politics and lobbying while calling it public service
Low interest Rates result in Mal-Investment. Wealthy Incomes don't have to trickle down any kind of Investments at all. Why not put money in Cayman Islands in US Treasuries?
Globalism is sending money and brains offshore.
CIA Reports Balance of Trade Imbalance for USA as worst in list, over $700 Billion negative.
>>55333428
Recovery myth.
Payday loans, raids on 401Ks, under funded public and private Pensions/Retirement Funds.
>>55333582
well wasn't the one I wanted, but also important.
High 55 and over, low 25-55.
>>55333089
CPFF is one of the Federal Reserve Programs. Revealed from Bloomberg Audit Publishing of Fed Bailouts.
It started in 2007 I think.
The Commercial Paper Funding Facility (CPFF) provides a liquidity backstop to U.S. issuers of commercial paper through a special purpose vehicle (SPV), the CPFF LLC.
- 2008 BMW Auto Bailout, CPFF
- 2008 Caterpillar Inc Bailout, CPFF
- 2008 Chrysler Financial Bailout, CPFF
- 2008 Ford Auto Bailout, CPFF
- 2008 General Electric Bailout, CPFF
- 2008 Genworth Financial Insurance, CPFF
- 2009 GM bankruptcy & Bailout
- 2008 Harley Davidson Bailout, CPFF
- 2008 Hartford Financial Insurance, CPFF
- 2008 McDonalds Bailout, CPFF
- 2008 METLIFE Bailout, CPFF
- 2008 PACCAR Bailout, CPFF
- 2008 Verizon Bailout, CPFF
- 2009 Toyota Bailout, CPFF
- 2009 Wall Street Bailout, Unlimited FED Loans, $800 Billion TARP, $4.4 Trillion QE, And 6 Years of LIRP/ZIRP
Bayerische Motoren Werke AG,Bayerische Motoren Werke AG*,,,,,
Ticker,BMW GY Equity,,,,,
Includes Loans to:,"BMW Bank of North America, Bayerische Motoren Werke AG and BMW Bank of North America",,,,,
Identified in Fed Documents as:,"BMW BK OF N AMER, Bayerische Motoren Werke AG and BMW BK OF N AMER",,,,,
Capital Raised From Home Governments,,,,,,
Programs,"TAF, CPFF, DW",,,,,
Country,Germany,,,,,
Industry,Auto Manufacturing,,,,,
"Average Daily Balance
From 8/1/2007 to 4/30/2010",$735.53 ,,,,,
Peak Amount of Debt,"$4,269.30 ",,,,,
Peak Date,4/2/2009,,,,,
Number of Days In Debt to the Fed,657,Market Cap,Percent of Market Cap,CPFF,TAF,DW
TAF or TALF is the program most think of. Somehow BMW was in 3 different programs.
Bloomberg posted data some place on the Internet or the Rand, Cruz, Grayson, Sanders group did. It looks pretty bad. Some were adding up figures of like $16 Trillion USD.
>>55333674
This is a disaster. Young people can't get jobs and old people are forced to come out of retirement to survive.
>>55322732
is bernie sanders based?? wtf
also notice the swastika behind his head lmao
>>55321012
Just look up the word "usury"
Figure out why it was considered sinful.
>>55332613
Another approach to making a determination would be to look at Growing Debt. Debt and Credit was low in early 1970s since Credit Cards had not taken off. But there was no subprime mortgages except for maybe land contracts from home owners to renters. US had not financialised everything from car loans, education, and housing.
David Walker says federal debt is $65 Trillion, but total US Debt was like $59.2 Trillion (public and government)... so that should be 65 - 18 + 59.2 - 18 = 47 + 41 = $88 Trillion total Debt today, with up to $200 Trillion in Liabilities.
>>55334822
need at least 2nd page.
This shows a completely different economy, economic model.
>>55334822
Pensions Chart, I think.
>>55334545
Yeah. I don't want to say old people have a monopoly on jobs.
The British Nobility seemed to see themselves as different, a high class. This kind of Patriarchy exists in the USA in politicians with no term limits, lobbyist with no term limits, executives that get in trouble but get their salary, bonus, retirement, and even get promoted to a new corporation at higher salary.
Zaibatsu comes to mind. Giant corporations like Samsung with Universities and who are chosen by Govt to get corporate socialism in a clear monopoly. Well USA Telecoms and Defense have the same monopolies.
You see Harry Reid, John McCain... I see monopoly or apparatchik.
Who cares for our Bread Winner Jobs & Our Youth?
US Congress never takes any action to help. They are Patriarchs of the worst sort. Out of touch wealthy class members.
>>55332425
Domination.
