A way to discontinue the Federal Reserve- a radical way

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Viewing 8 posts - 11 through 18 (of 18 total)
  • Mon, Oct 06, 2008 - 08:10am

    #11

    EndGamePlayer

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    Going Green – Go Local

I hate to sound like a broken record, but I see several things as serious threats to the central present banking system now. Going Green is one and here’s why:

When people "buy local" and into "alt forms of energy" and alt or public transportation – they (centralized players) are loosing some of the control of food systems, energy costs and demand (they do much to control the demand so they can control the supply) and have played a major part in holding back alt forms of transportation. The internet is a threat since many people can communicate, educate and work from home – less travel for us bunny slipper work forces.

I see companies that want to buy the air waves and make WiFi free everywhere becoming a big threat to controlling masses. Billions of dollars have been spent on the infrastructure for making money on internet access, television and phones (land & cell) – all gone if they are provided for free courtisy of the paid advertizing you’d be forced to watch.

They have been trying to control food sources and records via gene modifications, animal ID’ing. It’s not legal any more to even butcher your own food on a farm where you grew it. 

Ditto goes for local banking in "mom & pop" type banks. If all else fails – do micro-loaning by setting up your own system (you’d make A LOT of money Right NOW just showing people HOW to Do it NOW when they don’t trust banks!

Credit unions may also be an alt place to bank. And buying stocks – buy local company stocks who actually MAKE something you approve of.

The point is – DE-Centralizing everything to the local level as much as possible NOW when people can justify it is the safest thing to do with their money IS motivating and a step to keeping others from controlling everything for their good and not the general population. 

Expecting the "education of others" is going to motivate them to act in a way that has no benefit to them is one thing. To actually have a workable plan now when people are scarred and show them a plan to benefit is another.

All I’m hearing now is the same ‘ole song and dance from the "experts" : "hang in there, stocks are down – this is the time to buy", "don’t panic", "don’t run for cash from your bank". People need a new plan and they need and want one now.

  • Tue, Oct 07, 2008 - 12:41pm

    #12

    rlee

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    A quote of the day

"Education is dangerous.  Educated people are your enemy"!

– Hermann Goering 

I find myself using many quotes from the past of late, and a good number of them by rather dangerous people.  But consider that I work in a profession surrounded by very dangerous people and the adage "to catch a thief, you need to think like a thief" is a true statement.  I’m not a thief mind you, but UNDERSTANDING the thief is paramount to catching the thief.  It is extremely important for us to study the mindset of our opposing views in order to effectively campaign against them.

 

NEVER STOP LEARNING!

Bob 

  • Thu, Oct 09, 2008 - 08:37pm

    #13

    SwedishChef

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    Additional Resourse

I will add http://www.webofdebt.com as a resource.  This explains the entire history of the banking system.

 @krogoth

 Allow the government to charge intrest on loans and pay some intrest.  This intrest could then be used to pay for government.  No more taxation.

 

 

  • Sun, Oct 12, 2008 - 12:01pm

    #14
    babylon

    babylon

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    Re: Additional Resourse

Just a thought to SwedishChefs comment re government charged interest.

Assuming that these envisaged government banks base the currency against gold or similar;

This
would surely have the long term effect of currency inflation.Admitidly
not quite as exponentially fast as the current fractional reserve
system.

If they were to deduct a % tax from your account instead there would be no inflation.

  • Mon, Oct 13, 2008 - 06:01pm

    #15

    SwedishChef

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    Re: Additional Resourse

@babylon

 As long as supply = demand currency inflation would be OK.  The issue of today is we have over inflated supply and demand has not kept up.  We have been given the illusion that the 2 are equal, but in reality the 2 are very far apart.  The credit expansion has given us a false demand, a person did not actually work to get stuff.

 I am not advocating that we still have the reckless abandonment of credit expansion.  The Nationalized banking system would still need to place limits on who gets loans.

 At the very least the interest  can return back to the community as govt. funded projects (i.e. bridges that need repaired, roads, etc. etc.)

 We, as a society, need to get back to the axiom of "Need what you want, and want what you need".  

  • Sat, Oct 25, 2008 - 01:38pm

    #16
    JoeNemeth

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    Re: A way to discontinue the Federal Reserve- a radical way

I tend toward localization and diversity. What it gives you is flexibility at the expense of security. I think that’s what is important now.

The reason you see diversity in nature is because it works in the long haul in an environment that changes. Some species don’t make it – others do very well. As a whole, the earth remains inhabited.

Right now, the economic environment is changing. There is no one obvious "right answer" that is going to fix everything, and if we have a monoculture (central bank) in which everything is invested, then if it the economic environment zags instead of zigs, the whole system goes down. If we are decentralized, every zig or zag is going to take out something, but something else will be thriving.

It’s no different from diversifying your holdings in the stock market. You put everything into GM, GM goes under, you lose everything. You spread your holdings out, GM goes under, you lose a fraction of your wealth.

  • Sun, Oct 26, 2008 - 12:52am

    #17
    Carl Veritas

    Carl Veritas

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    Re: A way to discontinue the Federal Reserve- a radical way

Attempting to withdraw all our money from banks simultaneously will force the government to declare the old time Bank Holiday.    They’ll simply close the banks to halt the run, like they did in the past.  Even when our paper dollars were still redeemable in gold, the government would suspend convertibility,  usually during wartime when the printing presses are running full throttle.

 

Jefferson opposed central banking,  But there were the likes of Hamilton  who advocated it.  

 http://mises.org/story/3164

 

 

 

 

  • Sun, Oct 26, 2008 - 02:21am

    #18

    krogoth

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    Re: A way to discontinue the Federal Reserve- a radical way

We need to be prepared for when the breakers trip, because the government and banks have had multiple decades to prepare for any situation. A Bank Holiday is one of the tools in the governments arsenal. One of our tools is a bank run. When we run out of tools, we as a people are doomed.

 

 

 

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