You guys can not even articulate the real issues, let alone the (only) solution. Ending the FED and then what??
Tea Partier´s don´t get it, Paulian´s don´t get it, and End the FEDDer´s don´t get it. Come to think about it. Any so called sound money system subject to interest will terminate itself under insoluble debt. Even a gold standard. Besides that a finite supply of anything cannot support our industry.
The miracle your looking for is: MATHEMATICALLY PERFECTED ECONOMY. Trust me, it will take the banksters out for good.
Google it. Google Mike Montagne. Or check my Youtube channel.
As I have described, the fatal fault of the imposed monetary system is interest; and all further faults merely result from further failure to solve inflation and deflation. The Austrians, and Mr. Paul in particular, not only advocate interest; they advocate ELEVATED RATES OF INTEREST.
Effectively, what they want is to remove the embossed letters which now say “Federal Reserve Bank,” and replace them with “Ron Paul’s ‘COMPETING’ Bank(s)” — a principle which he refuses to debate, further define, or justify. Of course, any ostensible “competition” would ostensibly, on the contrary, drive interest rates down. But Mr. Paul tells us that we wouldn’t have borrowed ourselves into this debt mess if higher rates of interest had discouraged excessive/reckless borrowing.
Mr. Paul has never done the math: he tells you that all of you are going to benefit somehow therefore — oh and we so willingly believe this preposterous notion, don’t we? — he tells us we will benefit paying perhaps 17% interest on our homes than 5%. Sounds really like a good idea, doesn’t it? Especially since the rate of interest is the rate of multiplication of artificial indebtedness — higher rates of which instead necessitate greater rates of borrowing to maintain a vital circulation.
Unfortunately, most people who exalt Austrian “economics” hardly know the first thing about it. They reject math — most of which is little more than counting — as if you could understand otherwise; and they could have possibly determined solution otherwise. In no legitimate discipline or walk of life does such reckless abandonment of principle hold.
But Mr. Hayek, God of the Austrians tells us why they advocate interest and the current banking model — which are our very problem. See Hayek’s article at Mises org: “A Free Market Monetary System,” I think it’s called. Anyway, he thus justifies interest, that it makes banking “an extremely profitable business.”
That’s right. There IS no justification, just an outright confession of the motive.
We stand for real solution.
perfecteconomy dot com
endtheecb dot ning dot com
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How about a currency that belongs to the people?
Permalink Reply by Chelonia1663 on November 5, 2011 at 2:57am That is what Mathematically Perfected Economy/Currency is.
http://endtheecb.ning.com/profiles/blogs/what-is-mathematically
Mathematically perfected economy is a currency not subject to interest, comprising a debt financing all permissible enterprise, paid by each and every debtor exactly as they consume of the associated production.
Permalink Reply by Chelonia1663 on November 5, 2011 at 4:33am http://www.youtube.com/user/mikemontagne
It´s a long listen but definately worth while. Let´s just say it turns the light on!!!!!!!!
Permalink Reply by Carmen Basilovecchio on November 6, 2011 at 9:11am WE NEED "THE FEDERAL BANK OF AMERICA" A new agency that will replace the FDIC,FHFA,Freddie,Frannie,Ginnie,Sallie, AND THE FEDERAL RESERVE.
TERMINATE THE STUPID PRACTICE OF PAYING INTEREST ON OUR OWN MONEY TO PRIVATE BANKS .A PRACTICE THAT CAN ONLY END WITH A FINANCIAL BUST !
Please read "THE ALL INCLUSIVE SOLUTION.THE FEDERAL BANK OF AMERICA"
by justaluckyfool.www.justaluckyfool.wordpress.com
Please challenge or endorse by posting it.
Permalink Reply by Mylene Grimm on November 15, 2011 at 7:52am It is not money, first of all, it is a currency.. we lost our money, when Congress gave/let them have control over our money system. And it is a very toxic currency at that. The Federal Reserve Bank has liens in all of the current currency that we use today, that is why, they send in their thugs/insurgents to take away any and everything, you may have purchased with their toxic currency, if they accuse you of owing their de facto government anything. Well, as long as you are one of their U.S.Citizens, instead of being of our original political status, as a State National, which was codified, in 1940's. (not sure which code, it is, but, I can find/look it up). As long as we are participating in their de facto government, we have to abide by their rules/regulations, by expatriating/leaving thier U.S.Citizenship, and correcting our statuses, to State National, we are out from being under thier thumb, legally and lawfully..
Please check out a book by Ron MacDonald, ' They Own It All, Including You Through Toxic Currency ' They closed the deal of full control of our money system, in 1933, where the Feds have legally put liens in all of our currency.. That is why, FDR, told everyone to turn in their gold/silver, he used wartime as an excuse, to steal everyone's gold/silver, as it had no Federal Reserve Banks' liens in it. Please wake up! We need to go back to our original U.S.Constitution and it's organic Bill of Rights, which is before, the illegal 14th Amendment was implemented. We can do that, by expatriating political without having to leave our land, physically. Correcting one's State Nationality is the Ultimate Remedy, that the good Dr. Paul, never seems to address, also..
Go to notmygovernmentdotus, forum, read some threads, check it out, please..
BTW, the Federal REserve Bank's 100 year old Charter/Contract is up for renewal in end of 2012, this is our big chance to endthefed, once and for all, just like Andrew Jackson did. He killed the Bank!
I'd be reluctant to support a government run Federal Bank unless we 1st set up a Democracy.
Permalink Reply by Mylene Grimm on November 15, 2011 at 7:39am Was there ever a time in our America, when there was no interest on currencies? Or should I say, when it was under our de jure government's control/production, there was no interest on it, yes? For we surely, couldn't charge ourselves, interest, yes?
Have you heard of Ron MacDonald and his book, ' They Own it All Including You, Through Toxic Currencies ' ? I was listening to an old podcast from First Amendment Radio of LB Bork's show, and Ron MacDonald was his guest. In this interview with LB Bork, it was there I first learned of how our money prior to the 14th Amendment, our truly de jure money, was lien free, of the IRS, which is Federal Reserve Bank's collection agency, for IMF. Or should I say, prior to 1933, it took that long for them to close this deal, on taking full control of our money system. The illegal 14th Amendment, is how they got legal permission to steal our money and it's system away from us.
I am just not sure of how the taxing worked, prior to 1868..under our organic U.S.Constitution, (which is really an international contract of commerce between the states, as it transferred the debt owed by the signers of the Declaration of Independence, onto the states of our Union) unbeknownst to all of us..the law and business side of our U.S.Constitution, or should I say, our, organic U.S.Constitution, which is prior to the 14th Amendment..Taxes on commerce, I think was an ongoing thing, in all states of Union. The 14th AMendment, turned it all around, and gave legal permission to Federal Government, to demand federal taxations upon the states, as they had all been turned into their political subdivisions of D.C. after the 14th Amendment was implemented..
So, my question is this, if we were back in our de jure America (states ruling themselves, keeping all of their own monies) wouldn't it be up to each state, individually, to decide it's own tax stuff, and monies, or if not the monies, then, wouldn't it be our de jure Congress to control all states monies, such as gold and silver? If we made our own money and it's system, under our organic U.S.Constitution, then we could decide, on if any tax needed to make it, which doesn't make sense to me, if we made our own money/system, there would be no need to tax it, yes? Just some thoughts.
I am planning on correcting my de facto political status, to it's originally intended political status, as set up by our Foundings, in our organic U.S.Constitution, by returning to my original nationality of my state. As, a State National, I am returning to my organic Constitution's set up by states, and under it's state jurisdiction, only. I'll be leaving D.C. U.S.Citizenship and return to my organic status as a State National. Go to notmygovernmentdotus, forum, check out some threads. LB Bork's book, The Red Amendment, is a great place to start with, also. Along with Ron MacDonald's book, They Own It All Including You, Through Toxic Currency. Please go check it out.. : ))
Permalink Reply by Sean Ackley on November 18, 2011 at 11:18am The problem started when J.P. Morgan, Kuhn Loeb, Jacob Schiff, Wharburg, Rockefeller, Rothchilds, among others wanted to start playing with their corporate monetary instruments in a much wider fashion. Since hardly anyone around that time knew about exotic instruments, they could pull the wool over our eyes. It only happened, because these very cunning men used parlor tricks to bring about the Federal Reserve system.
The answer to your question is what do we do after we end the fed? Nothing. We let the system correct itself, we see some very large corporations and banks fail and split up, we see mom and pop business do quite well, and our economy resets back to the way it is supposed to be.
The only difference now, is that there will be no 0% loans to insiders, no derivative speculations, people actually have to take physical possession of their assets again, big corporations cannot float huge sums of money to swallow up their competitors and gamble on the stock markets, and banks have to actually give out loans to people based on their assets and not on magic fiat money.
Capitalism can go back the way it was supposed to, and we get rid of the "crony" part.
Permalink Reply by Chelonia1663 on November 18, 2011 at 2:04pm We have a mathematically proven terminal monetary system. The issue — and the only distinguishing process even — was and is "interest."
Lets also not forget the first crime? which is a theft of principal & the Interest then imposed on a falsified debt then can only terminally deplete circulation that only ever consisted of some principal at most.
0% interest for everyone. We have to take the banks out of our money. ALL BANKS
Mathematically perfected economy is a currency not subject to interest, comprising a debt financing all permissible enterprise, paid by each and every debtor exactly as they consume of the associated production.
There is no inflation or deflation, as the currency in circulation is always equal to the current value of existent production across however much of the economy is supported by a circulation.
Neither the value of money or assets are altered by changing proportions of circulation to indebted assets or services. The value of the money is always consistent in quantity — both in earnability and spendability — with the remaining value of the indebted assets which exist, for which it was issued, and which constitute its immutable value.
The remaining circulation is always sufficient to pay off debt. Further production therefore is not impeded by a deficient circulation, deplenished by paying more than what circulation was introduced for to finance the production.
Debt is not multiplied beyond the circulation or remaining value of indebted assets. To pay debt obligations exceeding the remaining value of indebted assets sets off a perpetual cycle of re-borrowing and multiplication of debt. Merely to maintain a circulation, we must borrow again so much as we have paid beyond the original circulation which was equal only to the un-multiplied debt.
Neither production or consumption are impeded by imposition of extrinsic cost. In every transaction, production is traded for equal production.
So long as we make such a circulation available to production, no impediment, limitation, or inequity whatever are imposed upon production or commerce. Production and commerce are fully expedited only by a completely liquid and effectual currency.
Mathematically perfected economy is no more than a singular prescription, dissolving unjust intervention.
Permalink Reply by Stephen Gornick on November 19, 2011 at 8:22pm I think we'd need to renounce the Federal Reserve Note funny money currency, then come up w a currency of our own.
Permalink Reply by Chelonia1663 on November 20, 2011 at 1:44am That is what Mathematically Perfected Economy does with strict money management rules in place.
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