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  #1  
Old 03-24-2012, 08:06 PM
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The FED is the ultimate entitlement program and a ponzi scheme

Think about it. The FED is entitled to interest on all of the money that the US government borrows. Why? The FED "lends" non existent money. So the money does not exist to pay back principal and interest. The interest amount must be borrowed from the FED in the future so that it exists to pay back interest on previous loans. What a scam. What an unsustainable scam. If you did that you would go to jail.

When you hear the propaganda about entitlement programs, think FED first.

Don't forget to vote.

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  #2  
Old 03-24-2012, 09:20 PM
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You wanna get slapped?
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  #3  
Old 03-24-2012, 09:38 PM
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Btw, it's also 1 of the core aspects why Ron Paul is proclaimed "unelectable".
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Old 03-24-2012, 11:21 PM
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Originally Posted by TwitchKitty View Post
Think about it. The FED is entitled to interest on all of the money that the US government borrows. Why? The FED "lends" non existent money. So the money does not exist to pay back principal and interest. The interest amount must be borrowed from the FED in the future so that it exists to pay back interest on previous loans. What a scam. What an unsustainable scam. If you did that you would go to jail.

When you hear the propaganda about entitlement programs, think FED first.

Don't forget to vote.
All of those classes in accounting and finance to qualify me for a IT degree must have been for naught.
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  #5  
Old 03-24-2012, 11:31 PM
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Prove they were not a waste and elaborate on your insights into the subject.

I'd bet your classes were more recent but I can say with absolute certainty that you did not score higher in accounting or economics than I did. So give it a go, love to hear it.

BTW IT degree also.
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  #6  
Old 03-25-2012, 11:54 AM
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Originally Posted by LaRondo View Post
Btw, it's also 1 of the core aspects why Ron Paul is proclaimed "unelectable".
He may be "unelectable", but one of these days, he's going to be "right"- again.
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  #7  
Old 03-25-2012, 02:04 PM
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More notable is the poor participation on the subject overall.
There are only 2 reason for it, that I could think of.
It's either too intimidating or incomprehensible for most.
Anything beyond that, must be plain denial.

It's obvious, the US is globally spearheading the concept of FIAT money, paired with superior firepower, it's indeed a pretty good argument.

My assumption is, most of the collective thinking throughout this country, is quite content with it. At least for as long as the idea is coupled with prevailing dominance.
Once the tables turn, which is naturally inevitable, the common consensus will change very quickly.
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Old 03-25-2012, 03:07 PM
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You wanna get slapped?
Slap me like there's no tomorrow.
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  #9  
Old 03-25-2012, 07:19 PM
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Originally Posted by TwitchKitty View Post
Prove they were not a waste and elaborate on your insights into the subject.

I'd bet your classes were more recent but I can say with absolute certainty that you did not score higher in accounting or economics than I did. So give it a go, love to hear it.

BTW IT degree also.
Hello- My name is TwitchKitty and I can kick your ass- just thought I'd let you know I'm smarter and tougher than who ever you think you are. Wanna fight?
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  #10  
Old 03-25-2012, 07:56 PM
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...just thought I'd let you know I'm smarter and tougher than who ever you think you are. Wanna fight?
Daily occurrance around here.
What's your take on the topic?
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  #11  
Old 03-25-2012, 08:16 PM
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War on Cash

The United States stopped printing large denomination notes in 1945 and officially discontinued their issuance in 1969, when the Fed began removing them from circulation.
Since then the largest currency note available to the general public has a face value of $100.
But since 1969, the inflationary monetary policy of the Fed has caused the US dollar to depreciate by over 80 percent, so that a $100 note in 2010 possessed a purchasing power of only $16.83 in 1969 dollars.
That is less purchasing power than a $20 bill in 1969!

Read more here:

http://www.marketoracle.co.uk/Article33789.html

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