Get rid of the money system, then get rid of goverrments | |
| gembouncer User ID: 33193769 02/10/2013 09:39 AM Report Abusive Post Report Copyright Violation | Discussion of the trillion dollar coin proposal: Quoting: Anonymous Coward 590644 [link to www.independentamerican.org] I don't have a problem with credit as money and in fact have come out clearly in favor of a mutual credit monetary system. However, the value of the credit must be vested in the people and the banks placed into an agency relationship to the people. Open books with the money system run as a not-for-profit with disbursements of profits back to the people. Specie coinage is best recognized as a "medium of savings" where these savings can be used in a performance bond role. In conjunction with a formal system of reputation recording. If anyone has a poor reputation, then they must have savings to place at risk. Truth in commerce requires that all players have some skin in the game. Look at what is happening with the international efforts to recover long held gold bullion and ask: Is the deposit of gold actually functioning as a performance bond against the central banking fraternity? They are habitual liars and get caught up in their lies. Thanks for the epic thread Levi Philos, glad to see you are still keeping it real. Here is truth: Money, so called, is just work in fungible form. I work for one day, say I get 200 USD for that day's work. In the end, what form it takes, can be diseased or can be 100% fascist like the greenback. But as a worker, I kinda realize that we need a sort of Iron King like Lycurgus of Sparta who will keep the money real. QUESTION FOR ALL: What is the form of "anti debauchery of money"? How would a King or any Executive with the power to kill, keep the money from being debauched? That is square one on this gameboard. If you cannot have your people work, and have their work monetized for their carry and trade, without that monetizing medium being debauched 24/7 by the coinwrecking goldensteins and shecklemongers, well, if you can't protect the monetized work aka MONEY from being eaten by the bank-termite who eat all productive labor, well then you are a pretty useless King, ya know? Typically I think most Kings and Queens take the bankers side in the coin shaving and debauching operations of history. It is rare to have a good King who established good and true monetization of labor aka money. And it's a daily battle to keep that money real. Eventually a King like that must rise. He will have to be like a General in warfare, he must protect the supply lines of "monetizing labor in the hands of the worker" aka WORK = MONEY paradigm. The world as such, is built on a slave planet principle, so teaching the people not to be slaves for a job, might be step one, but eventually, even if they aren't workers but worse, mercenaries, still, mercs will demand real money. But any King that raises mercs in his own country, has already failed treasonously imo. |
| Anonymous Coward User ID: 590644 02/12/2013 09:13 AM Report Abusive Post Report Copyright Violation | Why name coins? Some are named Eagles and Half-Eagles; others "Dollars" Some are Dinar, others Peso and Lira. The answer lies in a curious quirk of human psychology. Chew on that question; I did - for nearly five years. Why not write a simple law that says "Final settlement of differences of contracts shall be made by presentation of elements of pure gold, or of pure silver, or of pure platinum by weight in grams of the pure element." and "No fixed value relationship can be set between these elements because of Gresham's law." (??) |
| Anonymous Coward User ID: 590644 02/12/2013 09:15 AM Report Abusive Post Report Copyright Violation | Why name Coins? Is the exchange about the name? Or, is the exchange about the specie metal? If the exchange is about the specie metal, then the simple law designating exchange by weight and purity is the simple solution. If the exchange is about the name, then stamp the name on some easily obtained and plentiful metals. That is why I suggest gun-cartridge brass. Doesn't seem to be any shortage of that material. Just maintain a reasonable quantity in circulation in relation to population demographics. Bill Still, in his latest large video THE SECRET OF OZ mentions Quantity several times. I think a lot of people don't like Still's voice and presentation. They don't criticize the message, but they do ignore the video. The quantity theory I like is to maintain (as closely as possible) a quantity of circulating media in relation to population demographics. Let the government print the greenbacks and cartridge brass coinage and spend it into circulation and tax some back out of circulation. But the congress-critters are all tied up with videos and paper records of their past indiscretions or simply on the take of payoffs. The bankers own nearly every one of them. The Bill Still video is here: [link to www.youtube.com (secure)] About the video: [link to www.themoneymasters.com] |
| Anonymous Coward User ID: 590644 02/12/2013 09:22 AM Report Abusive Post Report Copyright Violation | Bill Still on Mises and gold as money: [link to www.billstill.com] ********************************* QUOTE The first 2 minutes of Max Keiser's latest is so interesting regarding the von Mises Institute. [link to www.youtube.com (secure)] Many are questioning now -- for the first time -- the previously accepted dogma that gold is good. Why do smart folks like Peter Schiff, Ed Griffin and Ron Paul refuse to take a fresh look at this question when they are spouting the same philosophy that J.P. Morgan espoused 100 years ago. My take on Ed Griffin is that he is a patriot and well-intended. He, like Ron Paul, grew up at that time when the von Mises folks were in their ascendency. Their real agenda was hidden. Schiff, Griffin and Paul would have to admit they were wrong. They would have to admit that the von Mises/old school Libertarians were -- at best -- nothing but anarchists -- and worse than that, plutocrats. The von Mises folk believe that the average person is too stupid to effectively participate in self-governance, so, therefore, all governance should default to non-governance??? History clearly shows that a state of non-governance will quickly default into the hands of the few -- the crown and its banks -- plutocracy. In either case, they do not believe in humanity's thousand-year great experiment in self-governance. Freedom is a delicate balance between too much governance and too little. What the von Mises folk won't admit is that serfdom exists at either end of that balance. Von Mises folk don't realize that the anarchism professed openly by Prof. Murray Rothbard & company does not yield maximal human political freedom. Nature abhors a vacuum. Every anarchy in world history is followed in short order by tyranny and maximal centralization of power. Ed Griffin and Ron Paul would rather go to their graves than admit they had swallowed this poison pill of the last 4 decades, hook, line and sinker. I'm studying J.P. Morgan and the Rockefellers right now. Morgan constantly supported the gold standard calling it "sound money." He also considered himself a pirate -- oops, I mean a "privateer" -- in the service of the British Crown and the City. That's why he called all 4 of his yachts, "Corsair", and painted them black. Not surprisingly, he stopped short of flying the "Jolly Roger", however. Gold money is the ultimate centralization of the money power. Yes, it IS sound money. The quantity is easily controlled, but it does not democratize the money power to operate to the benefit of we, the people. It centralizes it into the hands of those few best able to buy up the commodity serving as the monetary base -- gold. This would, in fact, be the bankers. I believe that a sovereign money must serve the public interest -- by definition. I believe that gold money does not serve the public interest. I believe power should be decentralized to the maximum extent which is politically practical. Too much decentralization slips over into anarchy and yields the same as too much centralization in the first place. ******************************************************** END QUOTE; observe the very last line - "I believe power should be decentralized to the maximum extent which is politically practical. Too much decentralization slips over into anarchy..." What have I posted again and again? Centralized money and centralized power form a symbiotic pair. Neither can exist without the other. The solution I suggest is a system of decentralized mutual credit administered locally with no centralized monetary authority." This solution will put power back in the hands of the people. Unfortunately, I have not yet discovered exactly how this can be accomplished. That is why I suggest everyone read Thomas Greco and Jem Bendell and the people at Positive Money UK: [link to www.positivemoney.org] (Greco: [link to beyondmoney.net] |
| Anonymous Coward User ID: 590644 02/12/2013 11:35 AM Report Abusive Post Report Copyright Violation | On Bill Still's advice I watched Keiser Report #334. Classic material! More of his stuff: [link to www.youtube.com] Max Keiser is a severe critic of the banking industry and most of the current crop of economists. Right behind Max Keiser is Gerald Celente. |
| Anonymous Coward User ID: 590644 02/12/2013 11:46 AM Report Abusive Post Report Copyright Violation | This is Gerald Celente's tube channel: [link to www.youtube.com] Money is a cultural decision making machine; to change the culture you must change the money system. Recognizing that the credit of the nation is the property of the people is an important first step. |
| Organic Light User ID: 8545334 02/12/2013 11:53 AM Report Abusive Post Report Copyright Violation | Government enslaves: Who are they to say we cannot exist without their rule? We are meant to be free, free from the archonic matrix that has been artifically created by these rulers. Last Edited by Organic Light on 02/12/2013 11:56 AM Researcher: Historical Revisionist Gaia-Sophia's Correction |
| Anonymous Coward User ID: 590644 02/12/2013 12:09 PM Report Abusive Post Report Copyright Violation | From this Celente video: [link to www.youtube.com] Down in the comments QUOTE: Catherine White 5 days ago The USA wonders why it's reputation is in the toilet when they arrest five year olds over five dollars, and allow the bankers to get away with robbing the American people blind. ******************************** Catherine White may or may not clearly comprehend that the theft began under Roosevelt - first the gold was confiscated, then the nation's credit was centralized and given to the bankers. That was implementation of the fifth plank of the communist manifesto and the beginning of the theft of all of the property of the nation. Both private property and public property have been hypothecated to meet the demands of interest bearing credit entries as the basis for a monetary system. |
| Anonymous Coward User ID: 590644 02/12/2013 12:15 PM Report Abusive Post Report Copyright Violation | Government enslaves: Who are they to say we cannot exist without their rule? We are meant to be free, free from the archonic matrix that has been artificially created by these rulers. Quoting: Organic Light I must confess to having zero knowledge or comprehension of what "Archons" are. Richard Cook is placing entries on his blog about "Aeons" as in "Return of the Aeons." Are Aeons and Archons related? It is my stated opinion that enslavement of the people is taking place through propaganda and mechanisms of the monetary system. And written law is an enabling tool. |
| Anonymous Coward User ID: 590644 02/12/2013 12:16 PM Report Abusive Post Report Copyright Violation | Richard Cook blog: [link to www.richardccook.com] |
| Anonymous Coward User ID: 10372663 02/12/2013 12:28 PM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 590644 02/13/2013 08:27 AM Report Abusive Post Report Copyright Violation | Best explanation I have ever found Quoting: Anonymous Coward 33661162 We might think of dollars as being “certificates of performance.” The better I serve my fellow man, and the higher the value he places on that service, the more certificates of performance he gives me. The more certificates I earn, the greater my claim on the goods my fellow man produces. That’s the morality of the market. In order for one to have a claim on what his fellow man produces, he must first serve him. Contrast that moral standard to Congress’ standing offer, “Vote for me and I’ll take what your fellow man produces and give it to you.” — Walter Williams From page one of this thread: Thread: Can anyone tell me what money really is? That's a decent definition of money IMO. I like Walter Williams but haven't heard much from him lately. |
| Anonymous Coward User ID: 590644 02/13/2013 08:48 AM Report Abusive Post Report Copyright Violation | The ability of the present system to accept the promise to create and deliver value in the future as a deposit and to render that deposit into a credit entry is a good thing. Quoting: Anonymous Coward 590644 This is "THE MANDRAKE MECHANISM" as explained by Griffin. At first glance the average reader believes this is a massive fraud. I do not. The fraud however is based within the bookkeeping process. You see, the credit that is created is actually the property of the people and to balance the books there must be an off-set account to the credit of the people. Comprehend this and you see the basic reasoning behind the movement often referred to as "redemption of the strawman." Found previously in this thread, but just now re-created on page two here: Thread: Can anyone tell me what money really is? (Page 2) |
| Anonymous Coward User ID: 590644 02/13/2013 08:56 AM Report Abusive Post Report Copyright Violation | |
| Anonymous Coward User ID: 590644 02/13/2013 09:02 AM Report Abusive Post Report Copyright Violation | If you bookmark and check this forum from time to time: [link to finance.groups.yahoo.com] You will learn over time what the intellectuals are discussing. The forum moderator is Arno Mong Daastoel who is Norwegian but also spends time in Germany. I was a recognized member of that forum with full un-moderated posting privileges until I posted some material they couldn't handle. (~5 years ago) |
| Anonymous Coward User ID: 590644 02/13/2013 10:12 AM Report Abusive Post Report Copyright Violation | West Coast Radio (probably Vancouver British Columbia Canada) is to have G Edward Griffin on as a guest today February 13. [link to www.westcoasttruth.com] The archive should be available in another day or two; questions for Griffin can be submitted to this thread: Thread: I'm INTERVIEWING author of 'The Creature from Jekyll Island' G. EDWARD GRIFFIN this Friday. If you have questions, I will ask them (Page 2) |
| Anonymous Coward User ID: 590644 02/14/2013 11:08 AM Report Abusive Post Report Copyright Violation | The True Story of the Time the Government Printed a $100,000 Bill by Rob Wile Sixteen images with little actual text from Mr. Wile, so go to this link to gain the story - the story is told mostly with the images and interpretations from Wile. [link to finance.yahoo.com] Rob Wile projected the concept that issuing high value notes or coins is a good method for stabilization of a monetary system. Wrong answer; the correct answer lies in seizure of the banking system along with all assets of the banking system followed by a write-off of all debt and all credit - a total liquidation with return of the assets to the people. THEN reinvent the money system. [link to www.reinventingmoney.com] Left to their own devices with continuation of the intrigue and deception the congress-critters, banksters and apparatchiks will apply various patches and repairs along with some write-down of debt; net result is the new new deal is the same old screw-you - I-got-mine - old deal. And the new lies will resemble the old lies - just coming from a new set of faces. |
| Anonymous Coward User ID: 590644 02/15/2013 05:51 AM Report Abusive Post Report Copyright Violation | Search string for today: Doctrine of Odious Debts Fraudulent debt is more applicable in my opinion and the beneficiaries of such debt should lose all they gained, but the apparent presumption in the writings seems to be allow the gains and simply stop the process with a write off. (Jubilee) [link to alcuinbramerton.blogspot.com] |
| Anonymous Coward User ID: 590644 02/15/2013 06:07 AM Report Abusive Post Report Copyright Violation | Applying the Odious Debts Doctrine while Preserving Legitimate Lending Seema Jayachandran Michael Kremer Jonathan Shafter1 June 2006 [link to iis-db.stanford.edu] (26 pages) |
| Anonymous Coward User ID: 590644 02/15/2013 06:24 AM Report Abusive Post Report Copyright Violation | [link to www.georgewashington2.blogspot.com] Michael Hudson noted in 2004: Mesopotamian economic thought c. 2000 BC rested on a more realistic mathematical foundation than does today’s orthodoxy. At least the Babylonians appear to have recognized that over time the debt overhead became more and more intrusive as it tended to exceed the ability to pay, culminating in a concentration of property ownership in the hands of creditors. *** Babylonians recognized that while debts grew exponentially, the rest of the economy (what today is called the “real” economy) grows less rapidly. Today’s economists have not come to terms with this problem with such clarity. Instead of a conceptual view that calls for a strong ruler or state to maintain equity and to restore economic balance when it is disturbed, today’s general equilibrium models reflect the play of supply and demand in debt-free economies that do not tend to polarize or to generate other structural problems. Michael Hudson, in reference to Iceland Global Research, April 05, 2009: [link to www.globalresearch.ca] |
| Anonymous Coward User ID: 590644 02/15/2013 06:27 AM Report Abusive Post Report Copyright Violation | Murray Rothbard on repudiating the national debt with reference to odious debt - written 1992 (Rothbard passed away 1995) [link to mises.org] |
| Anonymous Coward User ID: 590644 02/15/2013 06:29 AM Report Abusive Post Report Copyright Violation | My opinion: Fraudulent debt is more applicable and the beneficiaries of such debt should lose all they gained, but the apparent presumption in the writings seems to be allow the gains and simply stop the process with a write off. (Jubilee) We still need full time professional administration to run a dependable monetary system, but a far superior method of paying such professional administration can be by the process of demurrage (everyone pays). This process is something supported by Bernard Lietaer of Germany who has just released the new book MONEY AND SUSTAINABILITY - THE MISSING LINK. This book was written with help from Christian Arnsperger, Sally Goerner, and Stefan Brunnhuber and is subtitled "A report from the Club of Rome - EU Chapter" |
| Anonymous Coward User ID: 590644 02/15/2013 06:38 AM Report Abusive Post Report Copyright Violation | People who believe only gold and silver coin shall be money find the demurrage principle a severe blow to their belief system. However, using human time as the basis for redemption of a note enables a far better rationalization. (Time passes away while gold endures) A far better method of using gold (and other precious metals) is as a recognized method of saving - thus divorcing the medium of exchange from the store of value - and where such precious metal coinage can be used as a partial backing to promissory notes - a performance bond role. |
| Anonymous Coward User ID: 590644 02/15/2013 07:00 AM Report Abusive Post Report Copyright Violation | |
| Levi Philos User ID: 590644 02/15/2013 07:28 AM Report Abusive Post Report Copyright Violation | Some fine discussion on the concept of volunteerism found on page 13 of the thread Sovereign citizens: Is this an accurate portrayal? My injection will be in the next post. It is not my job to enforce a 'moral code'. Each person must enforce their own moral codes. That's why it's called self government. Quoting: Shingen As far as conflict resolution, there are many many ways, used though out history to resolve conflicts. Some involve violence, others do not. Okay...so in response to someone say, killing someone else because they wanted to steal from them, your response is: "It is not my job to enforce a 'moral code'. " So nothing. In this system of anarchy, no one steals, no one assaults, no one cheats, no one rapes, no one murders? If these things do happen, how do you handle it? If your response to murder, rape and theft is to do nothing.....then what's to prevent a person from using murder, rape and theft to take your things? Or their neighbors? It sounds like your system is a thief or serial killers wet dream. As no matter what they do, its not your responsibility to enforce your moral code. That doesn't sound like a very stable society to me. Or one most folks would want to live in. Violence in and of itself is not inherently immoral or unethical...it's the intent behind the violence which makes it immoral or unethical. Quoting: Shingen So who decides that violence has a sufficiently moral 'intent'? Is that just a decision everyone makes for themselves? Or is there some objective standard? Or do you decide for us? Actually your system is a thief or serial killers wet dream. All they have to do is get elected to office and they can pretty much do whatever they want and they will be protected by the violence of the State. Which is how your system operates now. Why should you force your moral code on me? Who gave you that authority? Supposedly, according to the 'founder's documents' that authority comes from the governed, yet there is no way to refuse consent in your system. I think you see everything through a veil of compulsory compliance, but when key questions are asked about your system of government, you have no answer, and instead choose to attack mine. I said it before, and I'll say it again. It is not my job to enforce a moral code, nor is it yours, because in order to enforce that moral code you must become immoral. Catch 22. I don't claim to have all the answers to governing a society. If you claim to, then you are delusional at best and deluded at worst. However I know for a fact that if I am not moral enough to govern myself, then you are not moral enough to govern me! That is the bottom line. |
| Levi Philos User ID: 590644 02/15/2013 07:52 AM Report Abusive Post Report Copyright Violation | We (all of the people) get involved in institutions where we may or may not have been directly involved in the original creation of said institution(s). Anyway to the extent that said institution is working to our advantage or to our detriment we are likely to defend or attack such institution. In the process, the defend and/or attack mode usually overshadows the fact that we can modify or replace such institutions and simply avoid destruction and bloodshed. The money system is just such an institution. A system of multiple money systems running in competition should be more stable and each person can volunteer to participate in one or more money systems. A thought for the day. |
| Anonymous Coward User ID: 590644 02/15/2013 07:55 AM Report Abusive Post Report Copyright Violation | David M was on the track prior to this piece of writing; Notes of Debt are Not Income which was a composite piece that began with a post from the Handyman of Louisiana to which I pasted significant information from "The Informer" (N. Carolina). The final document you find in PDF form was composed by "Fred" [link to duckduckgo.com (secure)] The underlying but hidden question revolves around the question of seigniorage. (many references prior in this thread) If we are to use credit entries as money, then whom should the bookkeeping enter as the original creditor? |
| Anonymous Coward User ID: 828629 02/15/2013 08:14 AM Report Abusive Post Report Copyright Violation | "How would you get food without trading for something? How would you trade for anything, without something?" well, err, can't we all destroy concrete jungles, create fertile plains and harvest crops / grow fruit bearing trees? can't we all fish for food? well, nice theoretically, but, realistically, humans are too selfish and spineless for such a revolution to happen. we're all assholes. |
| Levi Philos User ID: 590644 02/15/2013 08:47 AM Report Abusive Post Report Copyright Violation | Are you saying the people who run the Government are not okay? Do you really want me to post government sites that talk about Uncle Sam. Quoting: J 34311994 I'm saying that 'Uncle Sam' is a character. There's no guy named 'Uncle Sam' that gets your money when you pay your taxes. And if you can't tell the difference between a character and a real person......you may need to seek some help. My Uncle Samuel stole my credit card while I had my back turned. He is a trouble maker who gambles wildly and frequently loses. He starts fights all over the place and is a spendthrift. Now, my Uncle is complaining because I haven't been keeping up the payments... |
| noel coward User ID: 2996723 02/15/2013 08:54 AM Report Abusive Post Report Copyright Violation | |