1) Ignoring the inflationary effects of creating money
2) Ignoring the inflationary effects of releaseing money to the public
3) Assuming the banks lend out taxpayer money
Instead of givingMoney to institutions who wasted and squandered it in the first place and made a complete mess of the economy..........
Why not give the money directly to the citizens and eliminate the Non Productive Middle Men...............the crocked Banks........
all the Banks do is in turn lend out Tax Payer funds at 5% interest while Govt gave them the Taxpayer funds @ 0.0% interest............
Whe needs the Banks...........
Well actually not a bad idea but if this money is distributed among citizens, how much will each tax payer get, 1000 or 2000$ utmost. What will they be doing with that? Banks are crook, no doubt about it. But to keep this capitalistic economy, they need these institutions to be alive.
I know where are you coming from but unfortunately nothing much can be (rather will be) done here...
Our lives begin to end the day we become silent about things that matter. . -- Martin Luther King Jr.
1) Ignoring the inflationary effects of creating money
2) Ignoring the inflationary effects of releaseing money to the public
3) Assuming the banks lend out taxpayer money
1) Already happening so it could not get any worse/debatable! 2) Out of Work people need money to live..........it comes from the treasury! 3)Now they certainly do............only thing they own is the bricks in their buildings.....may be not even that!
Quote:
Originally Posted by SID_NY
Well actually not a bad idea but if this money is distributed among citizens, how much will each tax payer get, 1000 or 2000$ utmost. What will they be doing with that? Banks are crook, no doubt about it. But to keep this capitalistic economy, they need these institutions to be alive.
I know where are you coming from but unfortunately nothing much can be (rather will be) done here...
The 5% that Banks skim could be used to reduce Taxes..........Make Homeless shelters out of all the Bankrupt Bank Buildings.......
Quote:
Originally Posted by TeenDabbyWala
Nothing but conspiracy theories will be posted in this thread.
This is not a "Theory of Conspiracy"........this a theory to stop Banker's "Piracy"................:biggthumb
The Bankers are Robbing Obama and the Tax Payers.........
Quote:
Originally Posted by Bonbonniere
I think all the money should be given to me.
Yes you can have your fair share after we all get ours.............
But seriously...............the point is why did 50,000 American Young Men loose their lives in Veitnam?
To protect Capitalism and Democracy against the Big Bad Evil of Socialism and Communism................
Guess who owns all the/most of the USA treasury notes more than two trillion dollars worth.....................
Communist China.....................
If that Evil system was so bad.............how come they come out on top?
In the book, Obama acknowledges that he used cocaine as a high school student but rejected heroin. "Pot had helped, and booze; maybe a little blow when you could afford it. Not smack, though," he says.
In an interview during his Senate race two years ago, Obama said he admitted using drugs because he thought it was important for "young people who are already in circumstances that are far more difficult than mine to know that you can make mistakes and still recover.
and here he is in an interview
Your friendly neighbourhood fraudiya loafer luccha lufanga awara ayaash aubaash tharkee ghunda badmaash man
secret is to make all the country men work in some way to develop their respective country
who is going to do lesser jobs like cleaning when every one is given free money- will you do it
free money is only for people affected by circumstances.
there is a game caesar 3 play it old one but gold on.
1) Already happening so it could not get any worse/debatable! 2) Out of Work people need money to live..........it comes from the treasury!
..... If that Evil system was so bad.............how come they come out on top?
anyone has an answer????????????
You seem to be having the answers for all the problems. Man, it is time to setup a county somewhere and start ruling. I think a start can be made from the asylum itself.
1) Ignoring the inflationary effects of creating money
2) Ignoring the inflationary effects of releaseing money to the public
3) Assuming the banks lend out taxpayer money
You seem to be having the answers for all the problems. Man, it is time to setup a county somewhere and start ruling. I think a start can be made from the asylum itself.
Till today I have not understood who decides who gets the money and who not. Plus, how can countries have debts? The world robs each other. Why is America rich? Germany? UK?
"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism.
(Das Kapital, 1867 -- Karl Marx)
Till today I have not understood who decides who gets the money and who not. Plus, how can countries have debts? The world robs each other. Why is America rich? Germany? UK?
I remmember back in 60's all of India's currency circulatiing in India's total economy was owned by USA............and USA wiped the slate clean!
ever since USA and rest of the world got off the Gold Standard........this kind of currency manipulation and exchange became very easy for Governments. Not that I support the Gold standard......that is not the answer........Nationalizing Banks is the way out of this Mess.
Quote:
Originally Posted by firenze
Please move this to joke forum !
True to your avatar black cat..........you jumped to conclusions too early firenze..........simply check out what arjay wrote................and see if you can come to the same conclusion whether I am joking or not........
Quote:
Originally Posted by arjay
"Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalised, and the State will have to take the road which will eventually lead to communism.
(Das Kapital, 1867 -- Karl Marx)
Old Karl somehow predicted this stock market crash and the Mortgage Wipeout..........taking every Tom Dick and Harry with it...........
To furthur support my argument about Banks should be eliminated..........
How many Credit Unions have gone broke ...........None!
because Credit Unions are not for Profit institutions.............
that is where Banks belong..........................
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