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Place for Dummies to Hang

redbudduckfoot

Active member
Veteran
So we are all in agreement that the Laws passed/created in 1913 which created the Federal Reserve were(are) unconstitutional and go against everything the founding fathers stood for and believed in?

RbDf

i find a good discussion starts when a diverse group of people can find some common ground.
 

unspoken

Member
So we are all in agreement that the Laws passed/created in 1913 which created the Federal Reserve were(are) unconstitutional and go against everything the founding fathers stood for and believed in?

RbDf

i find a good discussion starts when a diverse group of people can find some common ground.

Do you mean because it's independent? I think the founding fathers mostly agreed that we need a central bank.
 

redbudduckfoot

Active member
Veteran
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered. ”

Thomas Jefferson

THIS

I believe the above quote was the general idea/opinion that the founding fathers had regarding a central bank, independent of the government and controlled by ????????

LOL

another fitting quote:

"Those who cannot remember the past are condemned to repeat it."

George Satayana


Rbdf
 
S

SeaMaiden

Unspoken, that's how I understand the history. Also, looking at countries that have no central bank helps us visualize the experience. Think Indonesian rupia. I have a stack of a few hundred thousand in my drawer, and they're all issued by different banks. Pretty, but very low value. So, I bought gold.
No dummies in this thread...or women
Women use Fe to make decisions typically.. Decisions made with ones feelings can obscure the objective.
As though men don't make emotional or hormone-induced decisions.

Riiiii-iiiigggghhht.
:tiphat:
^^hahaha! are you intellectually insecure, homie? ;)

<snipped>

Are you implying by asking me to expand on that particular point that the last, say, 100 years of economic policy in the US has been anything but a catastrophe? For some it's been that way by design and the benefits have been exceptional but in general it hasn't exactly been sound policy.

There's a long version and a short version but I don't know if you're asking just for arguments sake or if it's a genuine inquiry.

To me it's pretty straightforward that the US has had a series of flawed economic policies over the last 100 years. If you go down the line from 1913 to today and just see what happened and when, then see what the consequences were and are, and then just ask yourself was that a good thing or a bad thing? More often than not it won't be good. But that depends on how many 0's are in your bank account, of course.

Take it back to Andrew Jackson! Yeah, I know, he was totally against the federal reserve, but the Trail of Tears still sticks up my ass. In any event, IIRC we were fighting over this stuff long before 1913.
Monetary policy because it has allowed for and is the foundation of the western world's fiscal profligacy.

Because we gave over the power of creating the money supply to, officially, a "quasi-private" institution (that's what the text books call the FED) in 1913.

OK, lets cut through the BS. The "quasi-private institution" that is the FED is really managed as a private institution as it serves to enrich it's shareholders. Whether you want to believe it or not the creation of the money supply is a for profit venture. And it's not for your or my profit either. Screw the 1%. That's a misnomer and a diversionary propaganda slogan. The real problem resides with the .01%.

Government is good. It serves a invaluable purpose. It is supposed to enforce laws that punish predatory behavior, but what we have today is a system that punishes the lower classes while the bourgeois run around and plunder at will. What good are laws if they do not apply across the board. None at all.

And that's why the system is and will fail. Moral hazard has rotted us from the inside out.

I do not hate government. I hate government that is owned and operated as a weapon of exploitation against people. I hate Neo-Feudalism which is what we have today and only a great purge will resolve. I wouldn't discard the relevancy of this statement because it's from a Rothschild and any person who speaks their name today must be wearing a tin foil hat. The family created the modern banking system in Europe. Perhaps what they say has importance beyond my tin foil hat.

Just sayin'
Or a revolt. I agree with quite a bit of what you have to say here.
 

Jbonez

Active member
Veteran
I never said that seamaiden, just that it happens less frequently in our case. I wont get into it to much, it is indeed a mans world, sure that may seem sexist, but that is the point. If feminists views are to be allowed openly, then the chauvinist should be granted the same forum, no? Besides, is male/female anything more than a mentality? lol...

One of my philosophical hero's is a woman, but even she believed in a separation of the sexes.. We are different for a reason, we serve different functions in the name of advancement of our genome, nothing more to it than that Im afraid. Ive had similar conversations with women, only to find our way to the bedroom where the male/female line was no longer obscured by the prior conversation, I can assure you.

I like your screen name.. (former sailor)
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
The immorality comes from tax policy. There is nothing inherently immoral about the US having a high debt. We aren't really passing the debt to future generations we are redistributing it poorly due to a bad tax policy.
The simple mathematics of our debt situation and the changing demographics of the country disproves your hypothesis quite conclusively.
 

Max Yields

Active member
Youd be remiss If that statement was formed under the pretense of comprehensibility.

sh sh shaaaaaw.... sh sh shaaaaaaaw... sh sh shaw, a shawtey...
-T Pain
What I'm saying is everybody seems to think they know it all, & we all know that those that think they know too much, don't really know a fuckin' thing! That is MY definition of a smart dumb ass. Most are just dummies. The truly smart & I don't mean college book smarts, are rare. FACT. Not insulting anyones intellect, it's just that most people ARE sheep imo. Hope that stimulates your brain for a clearer definition of my expressive statements you ask of.
 

Jbonez

Active member
Veteran
What I'm saying is everybody seems to think they know it all, & we all know that those that think they know too much, don't really know a fuckin' thing! That is MY definition of a smart dumb ass. Most are just dummies. The truly smart & I don't mean college book smarts, are rare. FACT. Not insulting anyones intellect, it's just that most people ARE sheep imo. Hope that stimulates your brain for a clearer definition of my expressive statements you ask of.

+rep

I in fact admit, when it comes to "knowing" things, I know nothing.. Life surprises me and proves this daily.. A bit of advice from an old philosopher you might say...

I may make a few subjective observations, but they are just that..

Otherwise, you are telling us what we already "know". The average IQ in america is below average, and buddy does it ever show to be true.

Funny, I couldnt define intelligence, there are to many types to name one specifically, we are all intelligent in some way or another..

I dont think anyone here thinks they know anything either, however, with the 130+ IQ dripping off this thread, I can see why others would say that, we are always accused of arrogance, but why.. because we speak with reverence in subject matter we have a profound understanding of from a fundamental aspect? In that case, is a football player who celebrates a touchdown not displaying this same characteristic behavior? Food for thought...

I tried to name this thread in a way that onlookers would pass it by, I think I should have said, smart people only....

You are welcome here bro, get involved, Id like to hear your opinion on some of this stuff, its all about enlightenment bro, everything...
 

Max Yields

Active member
No problem. I really enjoy discussions like this. I myself feel like there's SO much more for me to learn & apply. I consider myself "smart" I guess you could say, because I know that there is SO much more for me to learn. Once you think you know it all you cease to keep on growing & learning. There is NO end to true knowledge, so to think that's it this is all, when it is not, is wrong. Knowledge is infinite. Therefore, for someone to say, or feel like they are THE source of all that you need to know, is ignorant & foolish. This is my definition of a smart dumb ass. So even myself, I guess I'm more on the dummy side, for there is plenty I know not NEARLY enought about. But when I compare myself to some, I'm actually a bit smarter than most who feel they are the most knowledgable. Go figure. I guess I'm a smart, smart ass! Better than being a smart dumb ass..!
 

bentom187

Active member
Veteran
here is a 3 video series,there are more video's in the series but i think 3hrs is the most people are gonna be willing to watch.
these video's take you from the founding of our nation and lawfull money,right on into the modern day lending practices of the FED and its relationship to modern markets.history and economics,theres something for everyone here.

"What is Constitutional Money?" with Edwin Vieira -- Ron Paul Money Lecture Series, Pt 2/3
[YOUTUBEIF]k6gMkKmQSW4[/YOUTUBEIF]



"Why Was the Fed Created?" with George Selgin -- Ron Paul Fed Lecture Series, Pt 1/3
[YOUTUBEIF]JeIljifA8Ls[/YOUTUBEIF]




"What Does the Fed Do?" with James Grant -- Ron Paul Fed Lecture Series, Pt 2/3
[YOUTUBEIF]pRipVd5wxhI[/YOUTUBEIF]


unless we have a mass 180* on our policies we are just re-arranging
chairs on the titanic.
taxes and inflation are theft,and the fed interjects itself with the cost of borrowing and usery charges on its monetary monopoly in the markets.this is a large distortion of the pricing mechanisims.
as long as we have congress in the hand of the banks,and hooked on spending,in exchange for votes the crooks will continue their pillage.

we might be able to steer the ship, if we can get off this monetary heroin and start being fiscally responsible now leaglize compitition to the FED/FRN's,and if we hold our congressmen and women to the oath that binds them by law & follow the constitution in good faith.vote accordingly.

Series, Pt 2/3
[YOUTUBEIF]pRipVd5wxhI[/YOUTUBEIF]
 
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Fly by Night

Like a Wing
Veteran
8 inches? :comfort:

HAHA. Inside joke between me and my recent ex. F'ing psycho. I do miss her some though.

Pocket rocket FTW. It's not how big it is. It's what you do with it.

Was the recent ex holding auditions for the "perfect 8" while you was out in the fields homie? Meanwhile there's an abundance more psychos for you to rifle thru on Craigslist ! Giddy up Hoss !!
 

Jbonez

Active member
Veteran
No problem. I really enjoy discussions like this. I myself feel like there's SO much more for me to learn & apply. I consider myself "smart" I guess you could say, because I know that there is SO much more for me to learn. Once you think you know it all you cease to keep on growing & learning. There is NO end to true knowledge, so to think that's it this is all, when it is not, is wrong. Knowledge is infinite. Therefore, for someone to say, or feel like they are THE source of all that you need to know, is ignorant & foolish. This is my definition of a smart dumb ass. So even myself, I guess I'm more on the dummy side, for there is plenty I know not NEARLY enought about. But when I compare myself to some, I'm actually a bit smarter than most who feel they are the most knowledgable. Go figure. I guess I'm a smart, smart ass! Better than being a smart dumb ass..!

Id like to extend my third E-handshake to you my friend.. The knowledge to be gained is a "pleasant topic of thought" and consumes literally about 4 hours a day of sheer thinking for me personally, and Im truly amazed at existence and completely bewildered by it... I cant smoke a cigarette without seeing a beetle and staring at it for 20mins, creating theory after theory, imagining so many things, because of a beetle.. Am I loony?
 

unspoken

Member
rbdf, did you know that the founding fathers actually created a private central bank? Madison was staunchly opposed to it, but even he came to see the light and signed the charter for the creation of the second one. Why?
 

unspoken

Member
I wanna hear this.... :)

***Shifts body to attentive posture***

Give me a little while. I'm smoking BHO. haha. Basically, and I may seem to shoot myself in the foot here, because I'm high and haven't really sketched this out. Would a bank deny more deposits because it means they will have more debt to their customers? The problem is who is going to make the money off of the debt...the "romney grandkids." That is a problem with tax policy/wealth redistribution IMO. I'll come back to this later, but that's kind of a general idea. A part of this is what we are doing with all of this money. We as a country have the potential to use this money for things that will benefit all of us in future, but we don't. We burn it on b.s. politics and feed the .01%. I think your point is that the existence of all the money is what allows them to waste it all, but also keep in mind the existence could be used for something much greater.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
No problem. I really enjoy discussions like this. I myself feel like there's SO much more for me to learn & apply. I consider myself "smart" I guess you could say, because I know that there is SO much more for me to learn. Once you think you know it all you cease to keep on growing & learning. There is NO end to true knowledge, so to think that's it this is all, when it is not, is wrong. Knowledge is infinite. Therefore, for someone to say, or feel like they are THE source of all that you need to know, is ignorant & foolish. This is my definition of a smart dumb ass. So even myself, I guess I'm more on the dummy side, for there is plenty I know not NEARLY enought about. But when I compare myself to some, I'm actually a bit smarter than most who feel they are the most knowledgable. Go figure. I guess I'm a smart, smart ass! Better than being a smart dumb ass..!
Very true bro. I use to have this quote in my sig.
I have my hypotheses that are based on logical deductions. I like to think they are mostly "right" and supported by what I consider a preponderance of evidence, but I'm often wrong. I get get caught in the trap of confirmation bias and my own cognitive dissonance regularly.
 

unspoken

Member
Very true bro. I use to have this quote in my sig. I have my hypotheses that are based on logical deductions. I like to think they are mostly "right" and supported by what I consider a preponderance of evidence, but I'm often wrong. I get get caught in the trap of confirmation bias and my own cognitive dissonance regularly.

I think every single human does. Most of the reason why I like this thread and the last one.

qm.gif


qm.gif
 
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