Disturbing events and some solutions

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krogoth's picture
krogoth
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Disturbing events and some solutions

Well, the bailout failed, but that does not mean these crooks won't try at any angle again and again. The Wamu failure was the biggest illegal act I have ever seen dealing with a government group (FDIC) and JP Morgan Chase, and was uncalled for. Even with the bank having it's customers making a medium of a run on the bank. WAMU was handed over in a sweetheart of a deal to JP Morgan Chase without shareholder or executive knowledge, and left the shareholders, employees and our faith in the government once again at an all time low and holding the bag. Paulson, Bernanke, Cox, FDIC Chairman Sheila Bair and the big bankers, or should I say the quickly coming world bank, will do everything they can to ruin honest investment, hope, liberty and the promise of the future for our children. This has been going on for multiple decaded here and in England. Everybody is talking about the problems, but nobody is talking about the solutions. I have some.

(1) We don't need the Federal Reserve, and if we do keep it, we make it a publicly traded company with 51% owned by the government and regulated by Congress, and 49% owned by the public. Only American citizens can hold the remaining 49% stock and vote on issues. That way the books are open for all the deals that we can't see, and things are voted on in an honest way. No more hiding in this illegally started private corporation that can hide all they do from everyone, and that even Congress and most of the government is afraid of.

(2) Lobbyists who fight this by supporting anyone in public or private office or posisition like the bankers who want to control the world are presented with a new set of laws dealing with treason or underlying financial terrorism eroding our government, causing suffering on a large scale, causing our Military to fight in unnecessary wars for profit or influencing deals to represent the crooks who got us into this mess in the first place. Full disclosure about all the crooks (sorry lobbyists) money influencing our government, and the punishment for this if caught and convicted is death at any level of citizen, government official or all the way up to the president. Internal terrorism by these blood sucking, controlling banks and illegal government receiving monies or favors of any sort to influence the stability of this country should be considered the real terrorism. This is the cancer of our country.

(3) Bailouts with American taxpayers money should be closely monitored as well. All corporations, companies or whatever that emerge from financial problems that are assisted by taxpayer money should be given back to the taxpayer just like a stock dividend with profit. No tax cut, just money to all the citizens who bailed them out. They should automatically become part of that company or corporation in some new way and receive monies if the company or corporation comes out of the financial problem. If they fail no money, but it's decided by the people with a new system that actually votes for this type of large bailout as it happens, not the Treasury, Congress and all the other bought crooks.

(4) Create jobs and opportunities for our future generations by limiting what we import to 20% from other countries (not including oil, which we will be slaves to no matter what we do). I will pay twice or even Three times the amout for the DVD player if it is made here in the US and I know it benefits Americans and jobs here. If it says SONY on the front, on the back I want to see made in America. Limit the amount of foreign car imports to 10% (exotic luxury cars mainly) and manufacture all foreign cars here in America. If the foreign companies don't like it, they don't sell the cars here, period.

(5) Socialize Higher Education. Everyone should have access to free higher education.  

(6) Give incredible tax breaks to anyone starting small or medium business in America. This is the core of our economy.

(7) Give large tax breaks and incentives to any large corporation who does business primarially in America (at least 90%) and this percentage means that the larger corporations would need at least 80% of the employees working and living in America, supporting our economy.

Sorry Chris, your spell checker is super slow, and your edit box for some reason is messing with font sizes, so the post looks a little strange.

OK that's it for now. Any comments?

rlee's picture
rlee
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My vote!
Are you running for office in my district?  Because you've got my vote!  If you can clone those ideals and make a run on Washington, we might actually come out of this mess with more than a copy of the home game and a t-shirt.
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admin
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FYI ... yes the

FYI ... yes the spellchecker can be a little slow at times if it's a longer post.  Laughing

In regards to the different font sizes, it's most likely because the content was copied and pasted from another source, like maybe a Word document or a text file?

If anyone wants to copy/paste from a different source, make sure to use the "Paste as Plain Text" or "Paste from Microsoft Word" buttons.  These allow a clean copy to be pasted, and ensures everything will be a consistent size.

I'm going to update it for you so the font sizes match.

gsti's picture
gsti
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Some interesting ideas

Some pretty sweeping statements there!

 

1) If you don't need the federal reserve, and I agree with that sentiment, why would you consider keeping it at all.  The bank of last resort is the taxpayer, always has been always will be. I think on closer inspection you will find the federal reserve bank is legal, always has been I think, laws passed etc,  please correct me if I am wrong.

2) So any bank that borrows or lends money and is unable to pay it back or collect it's debt is treasonous?  Are they only treasonous if they could possibly fail, i.e. took a risk, or they have to be a certain size to be treasonous. Failure = death in banking if I understand you correctly? 

I am being kind, when I say, it sounds alot more like anger and knee jerk reaction.

3)I think you might just have somthing there, better yet, tighten up accounting laws and penalties. Min, 10 year for fradulent accounting,  thats just off the bat for calling stamps capital assets or somthing like that.  Companies that cannot survive, let them go under, its the American way.

4)Isolationism, it is not neceserilly a bad idea, but you have to look at the whole picture.  You restrict goods into the US and the rest of the world will do the same.  Soviet Union did this trick, did not work out too well there.  But I can understand the sentiments completely , the US can never compete with china, so better to shut up shop. but it is still a step towards declining prosperity.

5) Why?  someone has to sweep the streets , and 4 years at college is a bit overkill , don't you think? 

6) I would rather stick with those "income tax is illegal" guys and get of rid of that tax on your labor, its fairer. Income tax is like a "tax to exist" and very unfair.

7) Better give the tax breaks to companys that export a % from America.  You could have levels, where the top companies who exported over 80% paid the least tax.  But these ideas tend to restrict competion. And of course if you are closing the trade borders down to 20% well not going to be much exporting going on.

Krogoth, I feel alot of anger in your post, and rightly so.  But I think your ideas need more work. Almost none of your ideas address fundamental problems with the monetary system, I don't mean that as a criticism, they are hugely difficult problems to address.  Thank you for taking the time to post, I look forward to your response.

 

 

 

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joe2baba
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Posts: 807
my vote

the creature needs to beheaded we ablsolutely do not need a private bank issuing our currency it has turned us into serfs.

 thomas jefferson was quite clear about what would happen if we gave our currency away. the was of 1812 was probably a resultof us doing away with the first bank

andrew jackson was almost assasinated because he opposed the central bank most probably lincoln got a bullet to the head for printing green backs kennedy got another bullet to the head probably for printing US  notes these are very serious people we are dealing with look at how many "wars" we have been involved in since 1913over 200 military actions alone since 1945 after ww2. who profits especially when they fund both sides?prescott bush anyone?

this is financial terrorism plain and simple. the first great depression was totally planned and worsened by the fed. gold confiscated? for $20 an ounce and then when it is all collected goes up to $35 for a cool 67% profit this is the land of the free? 

i am quite frankly scared shitless .i am scared shitless because the sheeple are still arguing over democrat republican communist socialist fascist ist est whatever. the patient is dying of cancer and we are worrid about the acne.

this was the greatest experiment in liberty ever on the face of the earth. am i missing something here?

we are borrowing money from private banks? well why the hell dont we the people lend it to the banks and collect the interest for ourselves? i am sure you have a problem with that gary. but iguess you dont have a  problem with  our current situation.

as for imports we just trade with mexico who has had all their jobs outsourced to china. they are a lot closer and most of them live here anyway.

just remember one thing all the pieces on the chess board are visible but twho is playing the game?

yep gary angry damn right and i have every right to be as does everyone of us. it was anger that started this country to begin with it will be anger that will get it back. knee jerk my ass. you go krogoth. i am with you bro now is the perfect time for ron paul to get off his ass and introduce a monetary reform bill. carpe diem

god where is my soma?

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krogoth
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Response to some of the comments
Chris- I typed the whole thing on your website. Nothing was copied or pasted at all, so you may want to check that. These are my words and not copied from any other source. OK, yes. I am angry. I am not an economist by any means. Actually I hold a degree in Computer Science with a minor in Business. But I have been an avid investor and have studied economics for well over 15 years. If I could go back and do it over again I would probably get another degree in economics, because in truth I found to be quite boring when I was getting my degree. I was more into history, science and of course, technology. But as I got into my late 20's, I really got into economics because I started investing more of my money into the markets. I am the kind of person who obsessively studies anything I am interested in. For instance, my wife is Asian, so for the past 2 years I have been learning Chinese and am pretty fluent now. We visited China for the Olympics and I spoke just fine to anyone I met. OK enough about me, back to the comments. I realize I don't know everything about today's economics because this is a complex set of issues, timing and secrecy that I truly believe nobody understands completely. But I believe this. Our country can do, manufacture, win, prosper, grow, produce, protect, and sustain better than any other country in the world. Maybe not now, but the past proves we can do anything if we set our minds to it. The problem is we always need to be pushed so hard before taking action. For decades now we have looked outward when we should have looked inward more. I am not saying cut us off from the world, just take care of us first, then go give multi billions away in aid, support or war IF WE HAVE IT after we are done taking care of our home, our country and our people. As for Mexico and Canada, eventually I believe we will be forced into some partnership with them on a bank level similar to the Euro. Once that happens I have no problem with Mexican or Canadian goods. BUT they must ABIDE by the rules in my previous post when it comes to imports and exports. Everyone knows the housing bubble and bad loans are what got us into this mess, but trade got us here as well. Not taking care of issues at home got us here, What do we really need besides oil right now from other countries that we cannot do ourselves? Tell me? Do we need tainted baby milk? Or maybe toys painted with toxic paint for our toddlers? I would go pick the fruit in the fields of California instead of an illegal for the same low wage if EVERYONE in America was taken care of first instead of America taking care of everyone else in the world. And you know what? I would go home happy everyday knowing the future was going to be great for my children.
krogoth's picture
krogoth
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Posts: 576
Thanks rlee

Thanks rlee,

 

 

But my views are the kind that get people assassinated, and I want to see my kids grow up.

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gsti
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If we had less economists, the world would be better :)

Krogoth,

Not too many of us here are economists, and in my opinion that is a damned good thing, those who doubt that should have a look at the coldwar games Rand played. 

For me it's better to come from a non economist/banking/investor slant but to come from a human one. 

If anything Krogoth, I do not think you go far enough.  I think perhaps America needs an even bigger rethink.  But it is hard for Americans to step out of the box after all the decades of indoctrination.  I am not suggesting that some other nationality has this ability, everyone nation has it's own ways of thinking.

You are probably right about America being able to support itself,  But will it dare do it?  What you are suggesting ... well , I hope you are part historian too :) 

I think want you want, may take a revolution, or an outside force so great, that America has to make these changes. 

I am sorry if my post seemed critical, I just felt you could/should go further.  I agree with your sentiments entirely.

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krogoth
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Posts: 576
OK for Gsti

Hi Gsti, here is a response for your post

 

1) If you don't need the federal reserve, and I agree with that sentiment, why would you consider keeping it at all.  The bank of last resort is the taxpayer, always has been always will be. I think on closer inspection you will find the federal reserve bank is legal, always has been I think, laws passed etc,  please correct me if I am wrong.

 

Krogoth- Actually the Federal Reserve is up for plenty of debate on if it was legally formed or not by or Government. This is a lengthy, drawn out subject that requires alot of time to cover. I suggest you watch "America, freedom to fascism" by Arron Russo to get a complete picture on this. I stated that if we do keep it, it should be publically traded, and not a private company like it is now. I would just as soon get rid of it and go back to the greenback system.

2) So any bank that borrows or lends money and is unable to pay it back or collect it's debt is treasonous?  Are they only treasonous if they could possibly fail, i.e. took a risk, or they have to be a certain size to be treasonous. Failure = death in banking if I understand you correctly? 

Krogoth- Banks borrowing or lending money is too basic to really decide on these harsh requirements, and not paying back debt would be the fault of the CEO and executive staff. This is a tough one because it requires alot of people possibly being convicted unnecessarilly, and I know you are addressing our current problems with foreclosures and bad loans. This is another large subject that started I think with the Carter administration trying to get more affordable housing, then went to the Clinton administration for the final nail kill. If you can find direct evidence that CEO's and executives profited while a company failed, it's shareholders lost all the stock value, and 1000's  perhaps 10's of thousands were directly effected (Enron, Wamu, etc) the yes I would say that would be treason, or economic terrorism. I think I was trying to convey a much stricter control system over our Government and Corporations. People who make money off of influencing politicians, and politicians or people in office that directly benefit financially from making under the table deals for favor's or monies. This has to stop, and it has to be severly punished not by jail, but by death for treason. Our political system is bought and sold before they even take office down to the state level usually. I also have concerns about corporations buying up new technologies because they directly compete with the way they make money now, and I will address this in another post. By this point I meant if you do something that causes incredible harm to society, and it can be proven that you bailed out, parachuted out, ran out or even stayed on until the end or buyout of that company with a boatload of cash then that is treason and punished by death. If you are a politician and are influenced by lobbyists for everything you do and are not making sound decisions based on your position but based on monies or favors from lobbyists, or hold stock, or have connections with companies making monies from war or political decisions, that is treason punishable by death. This is what is killing our country slowly. The power mongers, the banks and the crooked politicians.

 

3)I think you might just have somthing there, better yet, tighten up accounting laws and penalties. Min, 10 year for fradulent accounting,  thats just off the bat for calling stamps capital assets or somthing like that.  Companies that cannot survive, let them go under, its the American way.

Krogoth- Agreed

4)Isolationism, it is not neceserillya bad idea, but you have to look at the whole picture.  You restrict goods into the US and the rest of the world will do the same.  Soviet Union did this trick, did not work out too well there.  But I can understand the sentiments completely , the US can never compete with china, so better to shut up shop. but it is still a step towards declining prosperity.

Krogoth- The only way the US can compete at all the way the system is currently is to change our standard of living to the countries that are whipping our ass with manufacturing, or wait for them to catch up to our standard of living, and that could take decades.  We will always have a country that does it cheaper and faster than us. China is even feeling the heat from Vietnam right now. The Soviet Union is a much different country than America, and they don't have the ability to farm and produce what we can and should.

5) Why?  someone has to sweep the streets , and 4 years at college is a bit overkill , don't you think? 

Krogoth- I have been to countries were socialized higher education works, and it works on academic achievement. Do good on your scores, go to a better socialized University. Do bad, go to a lower University that sticks with you your whole life. Or don't go at all, and then you have your street sweepers. Funny thing is America used to be a country where you could raise a family with only a high school education, and 1 of the parents could stay home. Might not be rich, but alot more family care and togetherness.  

 

6) I would rather stick with those "income tax is illegal" guys and get of rid of that tax on your labor, its fairer. Income tax is like a "tax to exist" and very unfair.

Krogoth- I hate all taxes when we have wars we don't need to fight, and money spent recklessly on stupid things like bailing out foreign banks with 700 billion. I would gladly sacrifice half my pay to taxes if we had some of the things I mention in my other posts here, like decent socialized healthcare (which will never happen)  socialized education (which will never happen) and supporting our country first. Socialized medicine and education will never happen because they make way too much money off it.  

 

7) Better give the tax breaks to companys that export a % from America.  You could have levels, where the top companies who exported over 80% paid the least tax.  But these ideas tend to restrict competition. And of course if you are closing the trade borders down to 20% well not going to be much exporting going on.

 

Krogoth- We lose on exporting because we don't really export all that much anymore, and we lose on importing because we have practically no tariffs on import goods to keep those cheap and becoming cheaper and lower quality goods coming into America. Think about that the next time you shop at Walmart or Target. I challenge you to find American made goods. In fact I bet if you look around your home, you will be hard pressed to find anything made in America anymore. Why? Because corporations can do it cheaper and faster overseas. The only thing putting a dent in that right now is oil prices and that makes the imports more expensive to get to America. I stayed overseas in China for four months and rented a 4 story 7 bedroom house for about $350 US a month. Fully modern an beautiful. You could NEVER find that in America. Why? Because China needs to keep the prices lower because the people make lower salaries and live just fine. They have a different culture where the family all lives together to save money, and I mean the WHOLE family. Grandpa, Grandma, fathers, mothers, kids, grand-kids. They live better now in China (big cities I should say) now than just 10 years ago. They are buying cars for the first time, TV's, etc. Why is it so cheap to live there? Because they don't want a lower class full scale riot. The majority of people are still simple farmer types who send the son's and daughter's off to work in the factories in the big cities, making the best money they have ever made. Most American companies simply want to make money for top executives and they don't care how they do it. They don't care about quality or concerns about saftey. They don't care about 9 year olds working in India or China 18 hours a day to make shoes. My point is this. America has all the resources for the most important commodity on earth, food. That's right, food. As long as we can produce our own food we will always be ok. But now even  lot of our food and food supplies comes from other countries. We were the suppliers of the major exports for decades. WE were the leader in farm and steel production for decades. We were the largest textile manufacturer for decades. WE were the largest producer of cars for decades. WE invent, they profit. WE create, they do it cheaper and faster. WE develop it, they support it. WHY? Because the standard of living, or more fairly put, way of living is much different than America. It's not better, it's not worse, it's just cheaper and different. I want to address this in another post more in depth.

 

 

Hope that answers your points.

 

 

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krogoth
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Posts: 576
A revolution is a dangerous subject

OK, maybe a revolution is a bit harsh, or maybe not I don't know. With today's government it would take a world revolution to really accomplish anything, and it's going to get really bad before that happens. If it happens only in America the government is and has been prepared for it for decades and they will stomp it down. This is a global problem, but we need to weed our own lawns first before we worry about Iraq's or others. I know, Iraq probably does not have any grass or weeds, lol. I for one am sick of living in perpetuated fear driven down our throats daily about terrorism. This is a hydra problem. You cut off one head, another is ready. It's a cell based system, and probably poorly organized at best. But let's just keep living in fear and give up all out liberties, and without liberty, what's the point? I believe this to be a giant smokescreen for government to have more power over us. A government that keeps it's people stupid, scared and hopeless is a government that has complete control. This smokescreen tactic has been used by governments since we started having them.

The reason we need to rethink or remodel America is simple. We can't survive if we don't! Or better yet, our way of life can't survive. Oh we will have people in America, but what kind? What will the future bring after all these bloodsucking thieves and officials take everything away and leave us with the bill? If this new $700 billion package goes through, which is only the beginning, then bend over because we they just wrote a check we are going to cash with our ass for multiple decades. And more bending over is coming. It's funny because sometimes I really envy my Father and Mother's generation. I see pictures in old advertisements or old pictures of my family where the family is driving around in a car the size of a small ship, all carefree and happy. Not a worry or concern. Or the one's with the women in the kitchen making food while father is smoking his pipe or cigarette while the dog brings him his slippers, all that BS. The point I am making here is that we have all been conditioned and lulled into a belief that we need a certain standard in our lives to be considered acceptable. We are conditioned everyday in almost every way possible. And it all really comes down to perception. What we see and what we register in our minds as important or needed. Even during those joyous times, my Mother still tells me of what she went through growing up with stories of duck and cover drills, the nuclear menace, etc. It seems we always have a menace, an enemy, a problem or a situation. If you follow history our country was practically built from war, and profited from war by what I like to call "the inner circle" or super rich. Does the Federal Reserve, the strong arm collection agency known as the IRS, the Treasury and Government plus the inner circle of the super rich want to reduce us to nothing but taxpaying frightened robots? With no opportunity, no freedoms, barely any money, no hope, no dreams? Then maybe a revolution. But I think America is asleep and slowly waking up. I hope that more people are learning about these shams like the Federal Reserve and the crooks in government, big business leeches that do nothing but harm to our society. Because even when I envy my parents for the time they grew up in because I thought it was such a carefree and wonderful time, the same stuff was going on in the background. With different faces and the same old tactics. Now they are just testing our level of resistance. Ignorance is bliss America. It's time to wake up, get educated about these issues, and teach others.

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