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The Forum > General Discussion > THE GREAT MONEY DECEPTION

THE GREAT MONEY DECEPTION

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Stern,scratch the surface and you'll see who are really behind these Govt escesses.Who pannickewd Rudd and Gillard into unnecessary bailouts?It was advice form the RBA.Who is on the board of the RBA? Basically corporate interests.We got the debt from borrowing from China and big business got the micky mouse contracts and much of it went off shore.many now admit that the stimulus did nothing.They should have lowered taxes and kept interest rates low.

We live in an oligarchy.It is Ruppert Murdoch and Fairfax press who decide which party will be in power.Both Labor and Liberal ar just fronts for big business interests.

Big business love socialists Govts because they feed of our taxes eg so called free medicine.We over use drugs and medical services because we perceive them to be free.Big business cleans up again.
Posted by Arjay, Monday, 2 August 2010 8:46:18 AM
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*Yabby,If you are in the counterfeiting criminal business,why would you pay a foreign company to run your presses here in Australia?*

You go on and on about this stuff Arjay, the penny simply refuses
to drop. Australia could well simply print more dollar notes.
The market would take note and as our currency is valued by the
market, react accordingly. The Australian $ would simply be
devalued, depending on how much is printed. It happened to
Zimbabwe too.

This is the amusing thing about your logic. One moment you scream
about inflation, next moment you suggest methods to increase it.
I can only conclude that you are well out of your depth here.

*We virtually have no manufacturing.*

That is a nonsense too. As it happens we still make cars, you
can still go and buy your Australian made dishwasher, fridge or
washing machine tomorrow if you wish. We simply make less
Australian toasters and other consumer goods, as people have a choice
these days and local manufacturers have to compete with US, European
and Asian products.

But if you are doing engineering for mining companies, you would
be run off your feet. They can't even find enough welders to keep
up. Heavy engineering is thriving, but those products don't appear
at your local Harvey Norman store. There is also more to Australia
then just Sydney, where you live.

*It can been done effectively through the children at school who will in turn educate their parents.*

Now you want to indoctrinate you kiddies with your nonsense. You
sound as fanatical as the Catholic Church!
Posted by Yabby, Monday, 2 August 2010 8:05:09 PM
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Tut,tut Yabby,you are getting all emotional.How about confronting some of the facts I've presented and back them up with stats as I've done.Not one of my arguments have you refuted.

Big business does like socialist Govts and their big taxes with a counterfeiting banking system to prop them up.In both world wars the banksters teamed up with the arms dealers to make profit from misery.The same is happening today.

When you see their devious minds at work,they really aren't that smart.In the end they bring themselves and us all undone.

The GFC has just begun,all orchestrated by our global elites but they now are losing control.My prediction like in the past that war will be their way out.
Posted by Arjay, Monday, 2 August 2010 9:25:41 PM
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Well here's proof that the RBA does not create the currency to equal our GDP + Inflation rate + population increases.In 80/09 the RBA had an accounting profit of $8.8 billion,but the previous yr was only $1.4 billion.Dividend paid to the Govt was $5.9 billion.

We now have a GDP of Aust is $ 1.2 trillion.GDP is 3% pa and inflation rate is 3.5%.So we have an increase of 6.5% in the money supply which is $78 billion.Now the RBA in that exceptional yr paid the Govt only $ 5.9 billion in dividends.Who got the other $72 billion? It did not include pop increases.

In other words Yabby,the money for the creation of inflation and GDP was created by other sources and not the RBA.Most of our private banks borrow from OS Global Reserve banks who create this money in their computers.
Posted by Arjay, Monday, 2 August 2010 10:09:36 PM
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"Now you want to indoctrinate you kiddies with your nonsense. You
sound as fanatical as the Catholic Church!"

Your aforementioned conspectus to Arjay was going well Yabby until I realised you are a product of the generalised media and OLO catholic haters ie "knock the catholic churches and all of its people down/they have condoned and caused paedophilia within the catholic churches and system".

What are you Yabby? Christian? An Anglican/Church of England or a victim of the catholic church and upbringing. Or raised as Church of England? Perhaps some of the Anglican Church volunteers who used to attend childrens camps [one of which I was sent on during primary school holidays with a friend] should be investigated too? A woman tried hitting on me by exposing herself when I was ten years old; the below region not top region.

Regardless, it is no excuse to degrade Australians who belong or attend catholic masses and confessions across Australia and/or participate in the catholic system preferring to send their children through catholic schools.

Do I generalise about Australians who belong to the Anglican Churches or other denominations? No!

Such a narrow minded tunnel visioned outlook singling out one and all within catholic churches Yabby. How sad that all of you 'catholic haters' wishing to dish and eke your revenge or display insecurities have not bothered to look beyond one denomination. It is one thing addressing issues involving paedophilia; another issue falsifying and condemning innocent Australians who happen to attend mass on Saturday or Sundays for a bit of peace brought into their lives.

Commence a thread on other religions and its members: I could tell you a few stories expressing factual fair and non-generalised accounts of other denominational participants; given that as a Christian of various children and youth programs and organisations, have mixed with hundreds of people from diverse denominations
Posted by we are unique, Monday, 2 August 2010 10:23:07 PM
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*Tut,tut Yabby,you are getting all emotional*

That is very sweet of you Arjay, but I'm not quite sure,
what I'm seemingly getting emotional about.

*How about confronting some of the facts I've presented*

So let me look at some of your facts, like this one:

*I know people who have over $30,000 on credit card and trapped in debt.*

I guess they will have to learn Arjay, that when people borrow money,
they have to repay it or declare themselves bankrupt. Anything
at all can be misused. If you don't teach a kid how to use matches,
they can burn the house down. That does not mean that we should
ban matches.

Yes I know that you predict war and that you think that the evil
banksters are in cahoots with the evil arms dealers.

Now do you have anything of any kind of signficance to say, apart
from more consipiracy theories?
Posted by Yabby, Monday, 2 August 2010 10:33:13 PM
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