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The Forum > General Discussion > A New Financial System Must Rise From the Ashes.

A New Financial System Must Rise From the Ashes.

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Just a thought.
Given that with computers we can now totally control, organise, and distribute enough actual products to feed, clothe, and house the whole population of the world, why exactly do we even NEED money anymore?
The single excuse offered for virtually every problem we now face is the "expense" of the solutions, why not dump the entire Capitalist system, no more Poor, no more Wealthy, just a whole bunch of happy monkeys!
Other than history and greed, I can't think of a single justification for it's existence nowadays, can you?
Posted by Maximillion, Monday, 23 March 2009 9:08:50 PM
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Yabby,now that I have some time{instead of having to rush ot attend business matters] I'll give you a lesson in proportions.The US economy has a GDP of $15 trillion.Their growth rate has been about 3.5%.This means that the US Fed Res gets to make gross $50.25 billion and give $30 billion to the Govt thus keeping over $20 billion for themselves.In addition to this they make billions more on loaning over inflated money to the other banks and the US govt for such things as arms to fight the Iraq and Afghanistan wars.Oil is involved in both countries.They are building a pipeline through Afghanistan to access oil from the countries above it.Who benefits?The large corporates and the banks who loan to them.Who pays? Mostly the poor tax payer.

Belly,rise above ad hominem attacks and contribute something constructive.

Beware the "New World Order" of which many leaders now make reference to,since this will be a World Govt of Global Corporates which the Banksters see themselves being at the apex.It will have nothing to do with democracy.They are trying to achieve this by eventually owning a global currency.

The Euro is own by the Global banking system and they are trying to bring in the Amero for the North American Union.Why did not England go for the Euro?It was because the Rothschilds already owned the Bank of England and the pound;and they weren't going to share it with other powerful banks.

So the Unions Belly,need to raise the ire above the horizion of their immediate narrow Public Service power base and look towards the greater good.
Posted by Arjay, Monday, 23 March 2009 11:07:16 PM
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Arjay, you too can read what the Federal Reserve does, why
it was formed and who gets what and why, by simply reading
up the details on Wickipedia:

http://en.wikipedia.org/wiki/Federal_Reserve

Sorry, I am not into your world of conspiracy theories.

But believe whatever you will, the religious do no different.
Posted by Yabby, Monday, 23 March 2009 11:29:58 PM
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Yabby,Wikipedia wrongly classifys the US Fed Res as a quasi Govt body. This is entirely false.They area group of 12 private banks that have have only have Govt members on their board.The Fed cannot be audited.Presently there is $8 trillion unaccounted for.

The US tax payer is bailing out these thieves and they are not loaning to the lesser banks thus stifling the real economy.They are buying up the under valued assets with tax payers money and they have created this very window of opportunity for themselves.Log onto US Congressman Ron Paul.He is a conservative polly who has begun a movement to "End the Fed"

Yabby,do yourself a favour and view the movie.
Posted by Arjay, Tuesday, 24 March 2009 12:06:25 AM
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yeah banking [lol]
its the chump change in this matter
you think you hold super?
or do you think your super holds shares?
guess again sukker, your super holds a promise
how valid that promise is is debatable

this is quite interesting to say the least.....

I found this article realting to 55, Water Street, NY.

It is the home of the Depository Trust & Clearing Corporation, which according to this article was reporting to be holding a staggering $23 TRILLION in assets back in 2002.

what their scam is [is just like the trading of gold certificates in days gone by...[they trade a promise of shares]no one gets the real share[see the picture yet?]

how about the gold certificates you trade [do you know everyday 3 times more gold certificates get traded than all the gold ever mined [get the picture?]

your super holds paper promises[and still your pumping your weekly cash fix into em[so they can buy paper]

never even heard of it before today
it's potentially the most valuable corporation on the planet
but owned by the same mob that stole our gold and silver[the privatly owned fed]

The article can be found here:

http://ming.tv/flemming2.php/__show_article/_a000010-000923.htm

The web is a wonderful thing
little wonder it gets shut down ....anyday now lol
Posted by one under god, Tuesday, 24 March 2009 12:34:03 AM
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Arjay, ok so you think that Wickipedia have it all wrong and that
you know better. Fair enough.

This URL might answer some of your questions:

http://www.geocities.com/CapitolHill/Embassy/1154/flaherty.html

Ron Paul stood for office and clearly the American people,
Barack Obama and the rest of the US Govt don't agree with him,
he remains a conservative oddball outcast.

But apparently Pat Robertson supports him, not exactly a
recommendation in my book lol.

If the American people are being ripped off as you claim, they
are free to vote for candidates who want the Fed abolished.
But then Paul wants to abolish the FBI, the CIA, the Dept of
Health and most other Govt institutions as well.

If you enjoy conspiracy theories, just go to Utube. Just like
Dagget, who is seemingly conviced that the US Govt was involved
in 911. I really can't help you guys and discussion becomes
pretty pointless.
Posted by Yabby, Tuesday, 24 March 2009 10:09:57 AM
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