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-- The Secret Criminal Society of the Federal Reserve (Part II)
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Posted by culorut on Oct-15-2008 23:13:

No you are just getting a piece of paper that makes you feel like you are smart.

Ever occur to you that you where not smart to begin with and this is why you need schooling?


Posted by culorut on Oct-15-2008 23:15:

Youtube? good one trolls.

This will be the new excuse I fear for not being old enough to really understand your own country's history.


Posted by pkcRAISTLIN on Oct-15-2008 23:17:

quote:
Originally posted by culorut
No you are just getting a piece of paper that makes you feel like you are smart.

Ever occur to you that you where not smart to begin with and this is why you need schooling?


Yeah cretinrot. Youre far too smart to need any qualifications. Especially in economics, you really master that topic.


Posted by Krypton on Oct-15-2008 23:19:

quote:
Originally posted by culorut
No you are just getting a piece of paper that makes you feel like you are smart.

Ever occur to you that you where not smart to begin with and this is why you need schooling?


No, it's a symbol of my extremely detailed study of a particular subject. What do you have? A HS diploma? Do you even have that? Or were you too smart for high school too?

Keep talking shit dude, I can do this all day. I'm just waiting for you to call me an agent of the NWO or some trancerx-type bullshit...


Posted by culorut on Oct-15-2008 23:23:

quote:
Originally posted by pkcRAISTLIN
Yeah cretinrot. Youre far too smart to need any qualifications. Especially in economics, you really master that topic.


Yeah I learned on Youtube man.



Jerk off.


Posted by culorut on Oct-15-2008 23:25:

quote:
Keep talking shit dude, I can do this all day. I'm just waiting for you to call me an agent of the NWO or some trancerx-type bullshit...


LOL, agent? No you are so blind up in all your own bullshit you might never see daylight again.


Posted by pkcRAISTLIN on Oct-15-2008 23:39:

quote:
Originally posted by culorut
Yeah I learned on Youtube man.



Jerk off.


"youtube" is a euphemism you ignorant hick.


Posted by culorut on Oct-16-2008 00:07:

Good one, troll.

Leave me alone now please. I am trying to get an education on youtube as per you and Krypton.

I want to be like you one day and get a degree in being a fucktard.


Posted by pkcRAISTLIN on Oct-16-2008 00:23:

quote:
Originally posted by culorut
I want to be like you one day and get a degree in being a fucktard.


undoubtedly the only degree you are capable of achieving.


Posted by culorut on Oct-16-2008 00:30:

No I just want to be like you some day.

Maybe you can help me instead of having to watch youtube all day?


Posted by pkcRAISTLIN on Oct-16-2008 00:32:

quote:
Originally posted by culorut
No I just want to be like you some day.

Maybe you can help me instead of having to watch youtube all day?



i could certainly help you choose a good school in australia.


Posted by culorut on Oct-16-2008 00:45:

? Sarcasm you fucking troll, sarcasm.

Maybe it's just me but I think you got the wrong message board, here's some help...

www.childrenwithspecialneeds.net/forum

Have fun!


Posted by pkcRAISTLIN on Oct-16-2008 00:53:

quote:
Originally posted by culorut
? Sarcasm you fucking troll, sarcasm.


mockery you fucking idiot, mockery.


Posted by Krypton on Oct-16-2008 01:44:

quote:
Originally posted by culorut
How the Fed Harms the Public Interest


Oh great, you never fail to use other people's work as your argument. In academia, we call it plagiarism. I'll answer it nonetheless...

Point 1: Through the invisible tax of inflation that results from the dilution of purchasing power caused by newly created money entering the system reducing the value of dollars already there.

Well, what's the alternative? Deflation? You want prices to fall? You want stocks, homes, business values, and assets of all kinds to fall in value? Inflation is an indication of healthy buying in an economy. Printing currency is necessary because as goods and services increase, so to does the money supply, lest they want to deflate everything. There is no such thing as an "inflation tax". It's a great scare tactic. The reality is, prices go up, but so too does wages, and investments, which make up for inflation.

Point 1.5: Furthermore, since March, 2006, the Fed stopped publishing the M-3 aggregate of the total amount of dollars in circulation. With that transparency gone, big buyers of US Treasuries now have to calculate the value of the dollar based on speculation and uncertainty rather than hard data - not a way to inspire trust in the financial markets that function best in an atmosphere of openness and clarity.

The M-3 aggregate was, "M2 + all other CDs (large time deposits, institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements." The reason they stopped publishing the M-3 aggregate is because it didn't really tell you anything substantially important, that the M-2 aggregate did not already do. I'm guessing you didn't even bother to study up on what the M-aggregates even are...

Point 2: The public also loses because the banking cartel is able to practice usury - from it's power over a flexible currency to artificially move rates up or down to any level it chooses which many small lenders in a truly free and open market can't do.

Wrong. The Federal Reserve board of governors (who are nominated by the President) decide the interest rates, by lowering or raising the Federal Funds Rate. This is NOT DICTATED BY THE BANKS. It is dictated by the market, in something called the Open Market Operations. I'm not expecting you to have researched any of this......but you need to first learn the basic economics of our financial system, before you go about speaking from ignorance about how evil it all is...

Point 3: Through the taxes, we, the public, must pay to cover the interest on the huge national debt (now over $8.4 trillion) accumulated from the money the Fed printed and loaned to the government. As mentioned earlier, that now totals an annualized amount exceeding two-thirds of a trillion dollars and increasing daily. It's made the bankers rich, ordinary people poorer, and the public none the wiser it's been fleeced big time.

Wrong again. All interest paid to the Federal Reserve is REBATED, REFUNDED, RETURNED, GIVEN BACK, ETC ETC BACK TO THE US TREASURY. HOW MANY TIMES MUST I REPEAT THIS BEFORE IT'LL SINK INTO YOUR BRAIN???

Point 4: Compounding the above abuse, the cartel is able to get the public to bail out the system with more of its tax dollars. It happens whenever any of the too-big-to-fail banks need financial help to survive. The same is true for big corporations like Chrysler or Lockheed, large investment firms or hedge funds like Long-Term Capital Management or even countries like Mexico. It's also true when a single bank goes out of business and depositors must be compensated or more seriously in the wake of a systemic financial meltdown like the one that wiped out many savings and loan banks in the 1980s. Whether it's a single bank or many dozens at a time, public tax dollars are used to save the system or just pick up the tab to repay depositors insured against losses through government insurance protection up to a stipulated amount per account.

Corporate bail outs are seriously ridiculous. We reward executives for running their own companies into ground, privatizing profits, socializing losses, can't disagree here...

---------------------------------------------------------------------------------------------

Seeing as you just lumped together 3 persuasive essays together, I'm only going to respond to the first one. Additionally, since you failed to come up with your own arguments, I'm not expecting you to post any reliable response. Why? Because you plagarize other people's work. Whoever wrote those essays can not come here to the PDD, and argue with us. It's you who must argue, and it's you, who refuses to argue. So what's next? You going to insult my intelligence again???



Posted by Krypton on Oct-16-2008 01:47:

quote:
Originally posted by culorut
LOL, agent? No you are so blind up in all your own bullshit you might never see daylight again.


So why do you plagarize other people's work again? Oh, because you are incapable of formulating your own critically assessed opinions on the matter, so you must copy & paste other people's work, and tout that as your arguments...by all means, keep insulting me...only shows your lack of substance to this debate.. ..You don't even fact check your own sources... WOW...talk about being a blind robot...You're the Fox News of the conspiracy movement...


Posted by Trancer-X on Oct-16-2008 08:22:

quote:
Originally posted by culorut
Funny I don't see anyone who has proved anything wrong. Just trolls who think they know it all without even reading or watching the hard facts.


Which is what I've grown oh so tired of but will continue to post nonetheless.


Posted by Trancer-X on Oct-16-2008 10:13:

The Federal Reserve Is Collapsing...



www.youtube.com/watch?v=d4Q-XwNHpGc


Posted by culorut on Oct-16-2008 12:48:

Great post Trancer-x, on the subject for once.


Posted by shaolin_Z on Oct-16-2008 13:33:

quote:
Originally posted by Krypton
I was wrong. You are right. Still ShoalinZ believes in a debt free utopia, and cites Adam Smith as a premise. I wholeheartedly disagree with his conclusion.

Black men and women who worked in the cotton field also had "utopian" ideas about self determination and freedom. I'm glad they stuck to their "utopian" ideals .


Posted by Krypton on Oct-16-2008 17:53:

quote:
Originally posted by shaolin_Z
Black men and women who worked in the cotton field also had "utopian" ideas about self determination and freedom. I'm glad they stuck to their "utopian" ideals .


They wanted their rights. That's different from wanting a "debt-free society". Debt has been around ever since one man lended a goat to his neighbor for milk. It'll always be around. It's always needed.


Posted by Krypton on Oct-16-2008 17:56:

quote:
Originally posted by Trancer-X
The Federal Reserve Is Collapsing...



www.youtube.com/watch?v=d4Q-XwNHpGc


Awesome, a website with something to sell. That's more like an infomercial than anything else. Is it any wonder why they would tell you the currency is collapsing, the Fed is collapsing, run to gold and silver!!! Become a member of our site!!!


Posted by Trancer-X on Oct-17-2008 04:47:

quote:
Originally posted by Krypton
Awesome, a website with something to sell. That's more like an infomercial than anything else. Is it any wonder why they would tell you the currency is collapsing, the Fed is collapsing, run to gold and silver!!! Become a member of our site!!!


Quit being such a fraud. It's quite telling that you zoom in on anything other than what Congressman Ron Paul expounds upon in that video.

You're probably under orders not to engage in conversation about the actual facts themselves so you apparently have to always find some unrelated issue in which to try and discredit the messenger with.


Posted by culorut on Oct-17-2008 12:50:

No shit, they are using every excuse in the book to stay away from the subject.

If you post a video of a legitimate person/documentary they will complain it's on youtube so it cannot be taken seriously.

Trolls will be trolls.


Posted by Krypton on Oct-17-2008 17:23:

quote:
Originally posted by Trancer-X
Quit being such a fraud. It's quite telling that you zoom in on anything other than what Congressman Ron Paul expounds upon in that video.

You're probably under orders not to engage in conversation about the actual facts themselves so you apparently have to always find some unrelated issue in which to try and discredit the messenger with.


Quit plagiarizing videos and articles and try arguing from yourself? Ron Paul is being interviewed by a business that sells gold and silver, and obviously has a profit motive in getting essentially, what looks to be an endorsement by Ron Paul. Seems to me to be a conflict of interest. But I digress.

If you want to talk about the gold standard or the Federal Reserve System, by all means, let's do it. None of you have responded to any of my arguments. I dunno if you two are just propagandists for the radical libertarian front, or just wimps, but I'll post my arguments again, and hopefully, you two plagiarizers won't pussy out again.

------------------------------------------------------------------------------------------------------

quote:
Originally posted by culorut
How the Fed Harms the Public Interest


Oh great, you never fail to use other people's work as your argument. In academia, we call it plagiarism. I'll answer it nonetheless...

Point 1: Through the invisible tax of inflation that results from the dilution of purchasing power caused by newly created money entering the system reducing the value of dollars already there.

Well, what's the alternative? Deflation? You want prices to fall? You want stocks, homes, business values, and assets of all kinds to fall in value? Inflation is an indication of healthy buying in an economy. Printing currency is necessary because as goods and services increase, so to does the money supply, lest they want to deflate everything. There is no such thing as an "inflation tax". It's a great scare tactic. The reality is, prices go up, but so too does wages, and investments, which make up for inflation.

Point 1.5: Furthermore, since March, 2006, the Fed stopped publishing the M-3 aggregate of the total amount of dollars in circulation. With that transparency gone, big buyers of US Treasuries now have to calculate the value of the dollar based on speculation and uncertainty rather than hard data - not a way to inspire trust in the financial markets that function best in an atmosphere of openness and clarity.

The M-3 aggregate was, "M2 + all other CDs (large time deposits, institutional money market mutual fund balances), deposits of eurodollars and repurchase agreements." The reason they stopped publishing the M-3 aggregate is because it didn't really tell you anything substantially important, that the M-2 aggregate did not already do. I'm guessing you didn't even bother to study up on what the M-aggregates even are...

Point 2: The public also loses because the banking cartel is able to practice usury - from it's power over a flexible currency to artificially move rates up or down to any level it chooses which many small lenders in a truly free and open market can't do.

Wrong. The Federal Reserve board of governors (who are nominated by the President) decide the interest rates, by lowering or raising the Federal Funds Rate. This is NOT DICTATED BY THE BANKS. It is dictated by the market, in something called the Open Market Operations. I'm not expecting you to have researched any of this......but you need to first learn the basic economics of our financial system, before you go about speaking from ignorance about how evil it all is...

Point 3: Through the taxes, we, the public, must pay to cover the interest on the huge national debt (now over $8.4 trillion) accumulated from the money the Fed printed and loaned to the government. As mentioned earlier, that now totals an annualized amount exceeding two-thirds of a trillion dollars and increasing daily. It's made the bankers rich, ordinary people poorer, and the public none the wiser it's been fleeced big time.

Wrong again. All interest paid to the Federal Reserve is REBATED, REFUNDED, RETURNED, GIVEN BACK, ETC ETC BACK TO THE US TREASURY. HOW MANY TIMES MUST I REPEAT THIS BEFORE IT'LL SINK INTO YOUR BRAIN???

Point 4: Compounding the above abuse, the cartel is able to get the public to bail out the system with more of its tax dollars. It happens whenever any of the too-big-to-fail banks need financial help to survive. The same is true for big corporations like Chrysler or Lockheed, large investment firms or hedge funds like Long-Term Capital Management or even countries like Mexico. It's also true when a single bank goes out of business and depositors must be compensated or more seriously in the wake of a systemic financial meltdown like the one that wiped out many savings and loan banks in the 1980s. Whether it's a single bank or many dozens at a time, public tax dollars are used to save the system or just pick up the tab to repay depositors insured against losses through government insurance protection up to a stipulated amount per account.

Corporate bail outs are seriously ridiculous. We reward executives for running their own companies into ground, privatizing profits, socializing losses, can't disagree here...

---------------------------------------------------------------------------------------------

Seeing as you just lumped together 3 persuasive essays together, I'm only going to respond to the first one. Additionally, since you failed to come up with your own arguments, I'm not expecting you to post any reliable response. Why? Because you plagarize other people's work. Whoever wrote those essays can not come here to the PDD, and argue with us. It's you who must argue, and it's you, who refuses to argue. So what's next? You going to insult my intelligence again???




---------------------------------------------------------------------------------------------------------------------------

LINK to debate about gold standard... http://www.tranceaddict.com/forums/...66&pagenumber=2


Posted by Krypton on Oct-17-2008 17:24:

quote:
Originally posted by culorut
No shit, they are using every excuse in the book to stay away from the subject.

If you post a video of a legitimate person/documentary they will complain it's on youtube so it cannot be taken seriously.

Trolls will be trolls.


Wrong. You refuse to debate on point with any of us. Whose staying away from the subject? Respond to my points in the above post you little wimp. Hopefully you won't plagiarize either...


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