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=> Re: paper money...itīs just bartering anyway...

Re: paper money...itīs just bartering anyway...
Posted by atheist (Guest) - Sunday, August 15 2010, 10:15:23 (UTC)
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Not "nationalize" banks....not banks at all. The problems weīre having stem from the game of interest...whether national banks or private banks. We have people who need work in order to live...we have people who produce goods, whether farmers or manufacturers...the government, the government that the people theoretically control, prints the paper money INSTEAD of the bonds it now prints and sells to the Federal Reserve which then prints the money, out of thin air, to give to the government (hence putting us and our government in debt to those private bankers)and the government pays out the money IT prints to the people to do their work, grow their food, buy the food and goods, provide the services etc. Like the government gives out contracts for military supplies tio private companies,m the government could provide the money to other private corporations, like the banks do now, and if there WAS to be interest, it would be paid back to the government and NOT private banks, which the government would then put back into circulation, hence maybe even getting rid of the need for income taxes.

None of this can work because private wealth can manipulate money markets and bring things crashing down....in a book I read it said that the real reason Hamilton supported the creation of a national bank in America, something the Colonists did NOT want, was because he had to win over the wealthy to the idea of this new nation and he knew that if they chose to fight its creation they would use their wealth, pooled together, to bring the dollar crashing down, as they had done with the Continental, the Colonial dollar the Colonies printed up. Private wealth will not allow such a scheme to go forward because it means the end of Monopoly games for them, the end of money "working" to make more money, instead of people working to make money...which is how we got here and got to every Deprerssion weīve ever had and will have always.

Not banks of any kind...but, as the Constitution put it:the government will "coin money"...the government and bankls of any kind will print the nations money supply...of course FOX news and every other entity tied to private wealth will laugh and howl and warn and scream...maybe thatīs why all this bullshit about "European-style Socialism" is in the airwaves...and the real reason we were so afraid of the IDEA of communism....because the wealthy realize just what the threat to THEM, not to the "economy", is.

Even European socialism is doomed if they too borrow their funds from private banks. All of it, I mean all of it, eventually leads to bankruptcy...it HAS to....and then come the calls to "cut back spending"...and what gets cut? Schools, and health care and food, in other words, the very stuff of life...and soon even water will be "privatized" because profits MUST GROW, always...for this scheme to work, even for the duration of a cycle, profits MUST GROW....and how do you squeeze even more blood from a stone? You LOAN it blood to be paid at even more interest, in more blood!

Not banks of any kind....just direct printing of paper money...and no being tied to anything of "value" that can be manipulated by the already obscenely wealthy.



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