Ron Paul’s Amendment To Audit The Federal Reserve Approved
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josda1000 wrote:
Gold and/or silver coins, maintained by the People under Congress and held by the Treasury. Not maintained AND held by a "central" private bank. Quote Selected Text
Gold and silver would be fantastic. However the central bankers have large stocks of it. They own and control most of the world's wealth. They really got us by the balls. So I think the first step would be to use United States Notes to replace the federal reserve notes. There are a lot of details and steps to liberate ourselves from the grip of the corruptoids but it must be done. No excuses, no bullshit, just do it...the sooner the better.
I absolutely agree with that statement. I mean it'd be great to get to use silver and gold, but a great start would be certificates. Though that wouldn't stop them from creating bubbles; as seen in the great depression, the housing, the automotive sector, etc. But you're absolutely right.
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Don't worry, like I said before, even when they get it they won't know what to do with it. They'll just herald it as a massive victory of unmentionable implications. Unmentionable as they do not no what they could possibly do with it and ignoring the entire possibility that they could have just gotten a pile of falsified records which they have no method of verifying, all while cheering they won. I don't really get it myself.
Or they could get accurate records, and amazingly realize that nothing is being hid, and that everything is exactly how it's supposed to be. In which case, we won't hear another peep from the Ron Paul crowd, because they'll be too afraid to admit they just wasted a lot of time and taxpayer money.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
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Or they could get accurate records, and amazingly realize that nothing is being hid, and that everything is exactly how it's supposed to be. In which case, we won't hear another peep from the Ron Paul crowd, because they'll be too afraid to admit they just wasted a lot of time and taxpayer money.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
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Ian Shlasko wrote:
amazingly realize that nothing is being hid
I don't really expect them to realize that. No matter what is tossed up to them.
Hmm, good point. If the numbers actually DO add up, they'll just assume it's a big conspiracy, and demand an audit of the audit.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
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Hmm, good point. If the numbers actually DO add up, they'll just assume it's a big conspiracy, and demand an audit of the audit.
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so you guys actually support the idea of inflation, even if all of this turns out to be even? you do realize that the audit isn't just to figure out which banks got what amount of money, right? don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations? or is all of my rambling in vain?
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so you guys actually support the idea of inflation, even if all of this turns out to be even? you do realize that the audit isn't just to figure out which banks got what amount of money, right? don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations? or is all of my rambling in vain?
Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!" It's a side effect of a free market, not an intentional addition. http://en.wikipedia.org/wiki/Inflation#Causes[^] That said, the general consensus among economists is that a low but non-zero inflation rate is a good thing, and one of the purposes of the Fed is to keep the inflation rate from getting out of hand.
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Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!" It's a side effect of a free market, not an intentional addition. http://en.wikipedia.org/wiki/Inflation#Causes[^] That said, the general consensus among economists is that a low but non-zero inflation rate is a good thing, and one of the purposes of the Fed is to keep the inflation rate from getting out of hand.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
dude, that's called propaganda. if you really understood basic, common sense economics, you wouldn't be listening to idiots. check this youtube video out, an investor named peter schiff, running for united states senate from connecticut. Gold, Geithner, Roubini, the Fed, Housing[^] start using your brain, make judgements for yourself. this is basic economics, and i don't know how anyone can buy the crap that mainstream economists say.
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Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!" It's a side effect of a free market, not an intentional addition. http://en.wikipedia.org/wiki/Inflation#Causes[^] That said, the general consensus among economists is that a low but non-zero inflation rate is a good thing, and one of the purposes of the Fed is to keep the inflation rate from getting out of hand.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
by the way, the wiki is pretty much, in my eyes, almost completely wrong, though that's only because it has to cite all of the economic "views". there used to only be one school of thought: inflation is the creation of new money. whether it is by printing money, or by creation of money through fractional reserves.
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I absolutely agree with that statement. I mean it'd be great to get to use silver and gold, but a great start would be certificates. Though that wouldn't stop them from creating bubbles; as seen in the great depression, the housing, the automotive sector, etc. But you're absolutely right.
josda1000 wrote:
Though that wouldn't stop them from creating bubbles; as seen in the great depression, the housing, the automotive sector, etc.
This is pretty ignorant. Are you CSS posting on another account, or just someone like minded ? The market creates bubbles, not any secret cabal. government policy can affect how things play out, but they can't FORCE a bubble to form.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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josda1000 wrote:
Gold and/or silver coins, maintained by the People under Congress and held by the Treasury. Not maintained AND held by a "central" private bank. Quote Selected Text
Gold and silver would be fantastic. However the central bankers have large stocks of it. They own and control most of the world's wealth. They really got us by the balls. So I think the first step would be to use United States Notes to replace the federal reserve notes. There are a lot of details and steps to liberate ourselves from the grip of the corruptoids but it must be done. No excuses, no bullshit, just do it...the sooner the better.
Gold is impossible for reasons already stated. Why would you care ? You'd be poor no matter what we accepted as money.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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so you guys actually support the idea of inflation, even if all of this turns out to be even? you do realize that the audit isn't just to figure out which banks got what amount of money, right? don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations? or is all of my rambling in vain?
josda1000 wrote:
don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations?
BS. Do you know ANYHING about economics ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!" It's a side effect of a free market, not an intentional addition. http://en.wikipedia.org/wiki/Inflation#Causes[^] That said, the general consensus among economists is that a low but non-zero inflation rate is a good thing, and one of the purposes of the Fed is to keep the inflation rate from getting out of hand.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)
Ian Shlasko wrote:
Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!"
Conspiracy theorists tend to act out of insecurity. A world where everything is controlled by evil bogey men, is more predictable than one where stuff just happens.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
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josda1000 wrote:
Though that wouldn't stop them from creating bubbles; as seen in the great depression, the housing, the automotive sector, etc.
This is pretty ignorant. Are you CSS posting on another account, or just someone like minded ? The market creates bubbles, not any secret cabal. government policy can affect how things play out, but they can't FORCE a bubble to form.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
no, i'm not css. notice i only post about the fed basically lol and no, that isn't ignorant. it's called the austrian theory of economics. look up thomas woods, peter schiff, ron paul... of course you despise talking about ron paul, i remember that. the way they create the bubbles is by lowering interest rates. of course everyone loves lower interest rates though, because that's the start of the boom. when they necessarily, and eventually, have to bring them back to nominal levels, the bust phase is created. bubbles are started by lowering interest rates, say for housing. then people flock to that market, saying "hey, this is awesome, i can take out a loan with little to nothing on this mortgage!" then eventually, the party ends because the market value is nowhere near what the mortgages are going for. so people start having to pay more on the loans, people don't buy into the market any longer, and you see a dramatic drop in stock price. that's precisely what happened in the housing bubble last year. prove me wrong. this is the austrian theory.
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Gold is impossible for reasons already stated. Why would you care ? You'd be poor no matter what we accepted as money.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
that reason already stated is completely bunk. you can set the dollar to whatever level, and the standard is set. you could also use two types of metal at the same time, say gold and silver. which is what's in the constitution... no coincidence or anything. let's say we take a few dollars out of circulation, right now. we could set silver at $15/oz, and gold at $1000/oz. eventually we'd, instead of passing around federal reserve notes, certificates. these certificates could be refundable at any bank, any time, for whatever value printed on the certificate. crisis solved. not hard.
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Ian Shlasko wrote:
Why you referring to inflation as if someone sat down and said "Hey, let's make the money less valuable each year!"
Conspiracy theorists tend to act out of insecurity. A world where everything is controlled by evil bogey men, is more predictable than one where stuff just happens.
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
lol boogey men... look, the numbers speak for themselves. go look up the gold prices and silver prices. silver is double what it was six months ago. get a fuckin clue... protect yourself and buy some silver, if you can't afford gold(notice that most people in the 1800s could at least afford gold; it was our currency). don't do it for me, do it for yourself. the dollar has lost 95% of its value since the fed was created. coincidence? or conspiracy theory? whatever you call it, i call it fact.
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josda1000 wrote:
don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations?
BS. Do you know ANYHING about economics ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
keep on pickin out the sentences you like; i'll keep on talking about my point of view. of course that's what the media does as well, but you seem to buy into that pretty well. why is there an end the fed protest this weekend in 38 cities? i don't know, i guess there's just a lot of conspiracy theorists out there.
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josda1000 wrote:
don't you realize that the idea of inflation is just to grow government and allow corporate powers to take free vacations?
BS. Do you know ANYHING about economics ?
Christian Graus Driven to the arms of OSX by Vista. Read my blog to find out how I've worked around bugs in Microsoft tools and frameworks.
By the way, one other thing. To give you an idea of how "the boogey man", as you call them, does kind of exist... take a look at recent Argentina history. Argentina got scammed by the same banks we're getting scammed by now. And this was only in December of 2001.
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dude, that's called propaganda. if you really understood basic, common sense economics, you wouldn't be listening to idiots. check this youtube video out, an investor named peter schiff, running for united states senate from connecticut. Gold, Geithner, Roubini, the Fed, Housing[^] start using your brain, make judgements for yourself. this is basic economics, and i don't know how anyone can buy the crap that mainstream economists say.
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By the way, one other thing. To give you an idea of how "the boogey man", as you call them, does kind of exist... take a look at recent Argentina history. Argentina got scammed by the same banks we're getting scammed by now. And this was only in December of 2001.
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no, i'm not css. notice i only post about the fed basically lol and no, that isn't ignorant. it's called the austrian theory of economics. look up thomas woods, peter schiff, ron paul... of course you despise talking about ron paul, i remember that. the way they create the bubbles is by lowering interest rates. of course everyone loves lower interest rates though, because that's the start of the boom. when they necessarily, and eventually, have to bring them back to nominal levels, the bust phase is created. bubbles are started by lowering interest rates, say for housing. then people flock to that market, saying "hey, this is awesome, i can take out a loan with little to nothing on this mortgage!" then eventually, the party ends because the market value is nowhere near what the mortgages are going for. so people start having to pay more on the loans, people don't buy into the market any longer, and you see a dramatic drop in stock price. that's precisely what happened in the housing bubble last year. prove me wrong. this is the austrian theory.
Funny how with you guys, it's always a "they"... Do you know what bubbles and busts are? Human nature. "Well, the economy seems to be improving... I better invest while I still can!" That's all the bubbles are. People see things going well, and so they decide to join in. The better things go, the more people join in, and so it keeps going up. It's a self-fulfilling prophecy... Except eventually, things will get so expensive that people start to think... "Hmm, well, maybe that's as high as it's going to go. I better sell now before it goes back down!" And that's when the bubble bursts. People take their profits and sell, and that drops the price. When the price drops, more people sell, which drops the price more. And it starts spiraling down and down and down and down... And that's the bust. Eventually, it gets low enough that people start to think... "Well, can't get much worse than this, huh? Maybe this is the bottom... I better buy in!" And it starts all over again. It has nothing to do with interest rates. There's one principle you and CSS need to understand... And this applies to everything from business to politics... Here it is in big letters... Perception is Reality If people think the market is going up, it goes up. If people think it's going down, it goes down. If the Fed can convince people that it'll get better, say by lowering interest rates, it WILL get better. The problem with this past recession was that the Fed couldn't convince people that it would get better... That's what the stimulus package was for. It was to show people "Hey, look, the government is going to fix everything!" Enough people believed that, so the market started to go back up. Perception is reality. Lesson over. Class dismissed.
Proud to have finally moved to the A-Ark. Which one are you in? Developer, Author (Guardians of Xen)