The ultimate example of propaganda, deception, and manipulation by the media in the UK.
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The central bank isn't the issue. The issue is your Main Street banks. People, businesses and industry bank at your local Main Street bank. If that bank goes bust and no intervention takes place, people, businesses and industry also fail. So you want a total shutdown? Is that what you mean by "a blessing" ????
Richard A. Abbott wrote:
f that bank goes bust and no intervention takes place, people, businesses and industry also fail.
And that is the sole motivator for the bank owners, managers, and employees to not let the bank go bust. In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
f that bank goes bust and no intervention takes place, people, businesses and industry also fail.
And that is the sole motivator for the bank owners, managers, and employees to not let the bank go bust. In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Thus the need for credible enforceable regulation.
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CaptainSeeSharp wrote:
In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Thus the need for credible enforceable regulation.
Richard A. Abbott wrote:
Thus the need for credible enforceable regulation.
It is a flawed system. The central bank model causes complications in the market, which the government tries to control with force, and that causes more problems, and the governments answer is even more regulation. Centrally planned economies do not work, history proves that. The real regulation comes from a free market. Each person has a responsibility to his/her own self, property, and business. These people have to make decisions based on their environment, a free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability. When the government interferes, the system looses stability and people become dependent on the government. Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
Thus the need for credible enforceable regulation.
It is a flawed system. The central bank model causes complications in the market, which the government tries to control with force, and that causes more problems, and the governments answer is even more regulation. Centrally planned economies do not work, history proves that. The real regulation comes from a free market. Each person has a responsibility to his/her own self, property, and business. These people have to make decisions based on their environment, a free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability. When the government interferes, the system looses stability and people become dependent on the government. Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
That is what unfettered capitalism does. Why don't you read the message postings from Ian and others in the various other threads below. They have gone into chapter and verse of the benefits and liabilities of the financial systems. You would be well versed to re-read what they have had to say.
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CaptainSeeSharp wrote:
Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
That is what unfettered capitalism does. Why don't you read the message postings from Ian and others in the various other threads below. They have gone into chapter and verse of the benefits and liabilities of the financial systems. You would be well versed to re-read what they have had to say.
Richard A. Abbott wrote:
That is what unfettered capitalism does.
Really? We both live in countries with hardcore Keynesian socialist economies, and we are both practically bankrupt, economies are in crisis, inflation is soaring, corruption is rampant, and people are getting really angry.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
That is what unfettered capitalism does.
Really? We both live in countries with hardcore Keynesian socialist economies, and we are both practically bankrupt, economies are in crisis, inflation is soaring, corruption is rampant, and people are getting really angry.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
people are getting really angry
Not really, well, not in Britain. We in Britain are concerned. Not angry - yet. But that could all change if draconian policies are introduced to address our mammoth "black hole". I'll keep you posted on that ...
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You always blame people's desire to get the most out of their money, taking advantage of regulations and legal leverage in the markets. Nobody has the mental capacity to realize that it was the government's intervention in the markets that is the root cause of the problems.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
You always blame people's desire to get the most out of their money, taking advantage of regulations and legal leverage in the markets. Nobody has the mental capacity to realize that it was the government's intervention in the markets that is the root cause of the problems.
Great. You've had your misinformed whinge. Now, back to your original post. Where is the propaganda, deception, and manipulation in the video you linked to?
Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.
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Richard A. Abbott wrote:
f that bank goes bust and no intervention takes place, people, businesses and industry also fail.
And that is the sole motivator for the bank owners, managers, and employees to not let the bank go bust. In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
you are so far the the truth. A Bank goes under it effects soo many things, you can't get any financial products such as overdrafts, credit cards etc. business can't borrow money for what ever reasons, someone looses their job! as Richard stated, one bank fails so many others business and perople do. When the business fail people loose their jobs, the government can't collect taxes to fund departments etc.
CaptainSeeSharp wrote:
And that is the sole motivator for the bank owners, managers, and employees to not let the bank go bust. In your system, the banks know that they can get easy money from the central bank to take large risks, and act reckless with it, because they can always get more if things go bad.
Yes our central bank lent money to the other banks, BUT they didn't get it for free and why should they. please research before spouting un research crap
Marc Clifton wrote:
That has nothing to do with VB. - Oh crap. I just defended VB!
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Richard A. Abbott wrote:
That is what unfettered capitalism does.
Really? We both live in countries with hardcore Keynesian socialist economies, and we are both practically bankrupt, economies are in crisis, inflation is soaring, corruption is rampant, and people are getting really angry.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
Keynesian socialist economies
You can have a capitalist economy accumulating reserves during times of plenty to enable temporary deficit spending in a recession. That would be Keynesian. But the USA has been continuously in debt[^] for years, and that's not Keynesian. The USA is a banana republic[^]: Profits Privatized and Debts Socialized - Check Devalued Paper Currency - Check Politicians Use Time in Office to Maximize Their Own Gains - Check Corruption Remains Unchecked, Politicians Are Only for Show - Check
Bob Emmett CSS: I don't intend to be a technical writing, I intend to be a software engineer.
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link.[^] They cut into the old lady brown was talking to, forcing people who have not yet seen the video in full to believe that the old lady had anti-muslim sentiments, and she didn't like the brown muslims. And when Brown replied they spoke over him and said all kinds of things to make Brown look better. Even in the ad to the right, they are giving Brown a boost.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
That is what unfettered capitalism does.
Really? We both live in countries with hardcore Keynesian socialist economies, and we are both practically bankrupt, economies are in crisis, inflation is soaring, corruption is rampant, and people are getting really angry.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Richard A. Abbott wrote:
Thus the need for credible enforceable regulation.
It is a flawed system. The central bank model causes complications in the market, which the government tries to control with force, and that causes more problems, and the governments answer is even more regulation. Centrally planned economies do not work, history proves that. The real regulation comes from a free market. Each person has a responsibility to his/her own self, property, and business. These people have to make decisions based on their environment, a free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability. When the government interferes, the system looses stability and people become dependent on the government. Eventually the country becomes bankrupt, inflation skyrockets, people are deprived, and social unrest follows.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
The real regulation comes from a free market
HAHAHAHAHAHAHAHA!!!!!!!! "The definition of white is black! Up is down!" Free market means no regulation. No one to stop the predators from taking advantage of their power and shredding anyone weaker than they are for profit. Kind of like it is now since people haven't enforced regulations or have relaxed them. The current situation was cause by people being asleep at the helm and allowing the greedy little bastards to dictate the course. They wanted a system where they could have a no-risk to themselves investment scheme. They got it. Instead of getting rid of the central bank, simply making it so that the a-holes that did this stuff spent years breaking big rocks into little rocks as a warning with laws back in place ot stop these practices will be enough.
CaptainSeeSharp wrote:
free market encourages savings, investment, innovation, low prices, high wages, efficiency, and survivability.
A free market does no such thing. You pay your employees the absolute minimum to maximize profits. Innovation and competition is replaced with collusion. Survivability is not important, short term profit is. You can see this in the current market, and being less regulated would only make things worse. Give a company a chance at a monopoly and they take it, run with it, and use it to ram their product down your throat. Trying to stop a monopoly is so difficult it has been pretty much deemed impossible and requires a government of 4 to step in. Do I need to bring up an obvious example or 3?
If I have accidentally said something witty, smart, or correct, it is purely by mistake and I apologize for it.
