I didn’t really think the cartoon was that well done.
It’s not that I don’t agree with a gold standard (well not entirely), but I don’t think this is the best explanation for why a gold standard is a good alternative to the current system.
I do think we need to give control of printing money back to the people, and I think banks need more govt. regulation and oversight. Really they just need to be completely transparent to the public. I do not think that the gold standard really helps most people.
The gold standard mostly helps people with savings. Most poor people don’t have savings, and I couldn’t give a shit about the wealthy.
The biggest problem, as the video stated(rather poorly) is we are needlessly putting ourselves in debt by borrowing from a private bank.
We are also making a lot of scam artists and crooks wealthy for contributing absolutely 0 to society. Some people get really mad at govt, but it’s the bankers I would like to string up.
That idiot Loughner should have went after a banker, not a politician. Politicians are just pawns that can be easily be replaced… if you want to kill anyone it should be the bankers who buy the politicians. But they probably have better security.
Gold isn’t worth any more than paper, it is only a substitute for products and services people wish to exchange. The marketplace, and individuals’ wants and needs, determine the “exchange rate” for all goods and services.
Gold has no intrinsic value, unless you want to “get” with a woman that no one else is giving jewels to.
Nice histroy lesson. All true. Why cant we fire the Feds and have our own mint – pay no interest? Now that Ron Paul is Chairman of the Fed Reserve Committee, will he be able to audit the “FED?” NO. Now they turned his proposal into a joke and made the federal reserve ( banks and European A-holes )more powerful and more control over the countries money and gave him Chairmanship position because as the saying goes, Keep your friends close and your enemies closer. Another trick to delay the final end game. REBELLION or SLAVERY. We dont have the balls to fight, we all are sucking up and think were in control- NOT. Open your eyes-see the wool?
So.. If I follow this.. Because the Fed and an international banking union exist, and they feed money to both sides in war… and because they create fake money.. and they supply it to our banks… It causes me to make bad choices while shopping for mortgages thus causes me to be living on the street after failure to pay said mortgage…
And here all this time I thought it was all my fault. Dang… Wonder if I could sue them for causing me to make poor choices…
Then there’s this from Issac Asimov’s “Book of Facts”:
The federal government keeps billions of dollars – much of it taxes collected by the Internal Revenue Service – in bank accounts that draw no interest. Banks turn around and invest much of these deposits in U.S. Treasury bills, on which the government frequently pays more than 9 percent interest. Incredibly, the government is paying the banks to borrow back its own money.”
Incredible indeed!
Of course, it is you, gentle reader, who pays that interest.
Well, it looks like someone watched “The Money Masters” and turned it into a cartoon so that even people with incredibly short attention spans can comprehend it. Kudos!
If you liked this cartoon then go to Youtube and search for the excellent documentary “The Money Masters”.
Its a giant pyramid scheme.
Only those on the top are making ANYTHING..
Something you may not see/understand..
Look at What happens to nations that are self sufficient and have NO NEED of interference. Under developed nations. Look close at past history. Look at the backgrounds. During WWII, look at the nations NOT INVOLVED and what happened.
NOW back to food.
Look up a link to FOOD as a weapon. And remember that the USA supplies about 30% of the food world wide. WE undercut the farmers. Those nations FORGET about farming and Millions head to the large cities for FOOD/WORK.. Within 10-20 years we have CONTROL over that nations food.
Then look up MONSANTO on the net, for other nations. THEY SELL SEEDS.
I love just how he glosses over the simple fact that the “victim” here didn’t pay his mortgage. That is why he lost his house. No one forced him to take a mortgage. He could have continued to rent. Or paid cash for his house.
I’ve been thinking about this video. It is pure rubbish. There are so many things wrong with it I don’t even know where to begin.
The concept of creating inflation, and then taxing the appreciation in order to take what is yours is interesting. But… there is a serious problem with this theory…. they forgot to tax it.
(1) The largest asset most Americans own is their home. And the appreciation on that, that is capital gains, is tax free. It used to be taxed, but that was a long time ago. So why would the Fed allow Americans to pay taxes on their largest appreciating asset if this was true?
(2) The interest Americans pay on their home mortgage is tax free. Again, more dollars slipping past the grip of the IRS.
(3) The second (and should be largest) largest asset the average American owns is their IRA/401k. Guess what? Those are tax deferred. They are allowed maximize their growth potential by not letting the IRS, Fed, Rothschild’s have one thin dime of it for decades. And then when you take distributions, you can time it to minimize the tax hit.
So there you go… asset appreciation for the average American with no or deferred taxes. So how do the Rothschilds make money again?
Ironically, if you invested all your money in gold, versus your own home with mortgage and a 401K, the capital gains on the gold are fully taxed. No exemption.
In fact, I’m willing to bet all this anti-FRB crap like this is driven by gold speculators who want to scare people into investing in gold, and paying out the nose in taxes for doing so.
And this crap is driven by the same lame brained idiots who believe in zero-sum game theory, like communist. I’ve lived in dirt poor countries where communist gain a lot of traction by peddling this crap. They convince the poor that there is only so much money, and therefore the rich get rich by taking a larger slice of a fixed sized pie.
The truth is the we all get richer with lending, borrowing, and capital investment. That is what makes M1, the money supply (or pie) larger. That is what creates the wealth that allows you to buy a house, car, and have a job.
Please. Before you start believing this crap, go take a semester of basic economic theory at your local community college. This garbage belong in Kentucky with the creationist museum.
You can NOT OWN property..thats what the TAX IS FOR.. If you let it SIT the state can TAKE IT. that is not ownership.
401k/retirement is DEFERRED..yes..look at the WORD..DEFERRED.
Basic econo?? you are a fool. I asked my assistant boss’s IF College course helped get the job, and they said that the company they worked for was the EXACT REVERSE of what they learned. I wish we lived by the OLD RULES.
Maybe you should watch the adult version: “The Money Masters”.
“”"
I love just how he glosses over the simple fact that the “victim” here didn’t pay his mortgage. That is why he lost his house. No one forced him to take a mortgage. He could have continued to rent. Or paid cash for his house.
“”"
Many people have lost their jobs due to the banker’s manipulation of the economy. Your argument is invalid.
“”"
(2) The interest Americans pay on their home mortgage is tax free. Again, more dollars slipping past the grip of the IRS.
“”"
INTEREST payments go straight to the banker’s bottom line. They don’t need the IRS to squeeze that out of you.
“”"
(3) The second (and should be largest) largest asset the average American owns is their IRA/401k. Guess what? Those are tax deferred. They are allowed maximize their growth potential by not letting the IRS, Fed, Rothschild’s have one thin dime of it for decades. And then when you take distributions, you can time it to minimize the tax hit.
So there you go… asset appreciation for the average American with no or deferred taxes. So how do the Rothschilds make money again?
“”"
In Europe right now, countries that are being forced to take “austerity measures” as part of their bailouts are now seizing private retirement accounts and giving that money to the banks. So, the paltry tax deferments are more than paying for themselves in terms of the efficiency of the seizure process.
“”"
Ironically, if you invested all your money in gold, versus your own home with mortgage and a 401K, the capital gains on the gold are fully taxed. No exemption.
“”"
Ironically, gold doesn’t really appreciate. The apparently spectacular out-performance of the stock market is an illusion caused by gold doing what it does. Holding its value. The fact is, it is the dollar that has changed in value, not the gold. So taxing “capital gains” on gold is obviously immoral.
And as things stand right now, 50% of residential real-estate is now owned by the banks. They are suffering a bit of indigestion right now because of the property taxes that they should be paying (but aren’t quite yet), and because the market wants to let housing prices fall to their true level which would force the banks to admit that they don’t have the legally required asset levels. But in spite of that, they have managed to get 50% of the homes as were planning all along to become the slumlords of the American people.
I didn’t really think the cartoon was that well done.
It’s not that I don’t agree with a gold standard (well not entirely), but I don’t think this is the best explanation for why a gold standard is a good alternative to the current system.
I do think we need to give control of printing money back to the people, and I think banks need more govt. regulation and oversight. Really they just need to be completely transparent to the public. I do not think that the gold standard really helps most people.
The gold standard mostly helps people with savings. Most poor people don’t have savings, and I couldn’t give a shit about the wealthy.
The biggest problem, as the video stated(rather poorly) is we are needlessly putting ourselves in debt by borrowing from a private bank.
We are also making a lot of scam artists and crooks wealthy for contributing absolutely 0 to society. Some people get really mad at govt, but it’s the bankers I would like to string up.
That idiot Loughner should have went after a banker, not a politician. Politicians are just pawns that can be easily be replaced… if you want to kill anyone it should be the bankers who buy the politicians. But they probably have better security.
Ah, money does “grow” on trees. It is trees, that the Fed turns into paper money.
Gold isn’t worth any more than paper, it is only a substitute for products and services people wish to exchange. The marketplace, and individuals’ wants and needs, determine the “exchange rate” for all goods and services.
Gold has no intrinsic value, unless you want to “get” with a woman that no one else is giving jewels to.
Nice histroy lesson. All true. Why cant we fire the Feds and have our own mint – pay no interest? Now that Ron Paul is Chairman of the Fed Reserve Committee, will he be able to audit the “FED?” NO. Now they turned his proposal into a joke and made the federal reserve ( banks and European A-holes )more powerful and more control over the countries money and gave him Chairmanship position because as the saying goes, Keep your friends close and your enemies closer. Another trick to delay the final end game. REBELLION or SLAVERY. We dont have the balls to fight, we all are sucking up and think were in control- NOT. Open your eyes-see the wool?
# 22 What? “money does “grow” on trees. It is trees, that the Fed turns into paper money.”
Could be wrong but I think money is printed on linen ‘paper’ and cotton grows on a shrub – not a tree.
#22 #25
Yes and many countries have moved onto forms of petrolatum (plastic) based paper money for longevity, and to thwart counterfeiting.
Actually, when dealing with banks’ account at the Fed, it’s just a number entry on a ledger.
So.. If I follow this.. Because the Fed and an international banking union exist, and they feed money to both sides in war… and because they create fake money.. and they supply it to our banks… It causes me to make bad choices while shopping for mortgages thus causes me to be living on the street after failure to pay said mortgage…
And here all this time I thought it was all my fault. Dang… Wonder if I could sue them for causing me to make poor choices…
To keep the dream alive, you have to wake up:
Then there’s this from Issac Asimov’s “Book of Facts”:
The federal government keeps billions of dollars – much of it taxes collected by the Internal Revenue Service – in bank accounts that draw no interest. Banks turn around and invest much of these deposits in U.S. Treasury bills, on which the government frequently pays more than 9 percent interest. Incredibly, the government is paying the banks to borrow back its own money.”
Incredible indeed!
Of course, it is you, gentle reader, who pays that interest.
Somebody–nice link. Starts off pretty boringly: Asia is rising. At 4:30 he also correctly points out the limited role of the UN.
Most of our ills are obvious and self inflicted.
The spiral continues to tighten and accelerate thereby.
Well, it looks like someone watched “The Money Masters” and turned it into a cartoon so that even people with incredibly short attention spans can comprehend it. Kudos!
If you liked this cartoon then go to Youtube and search for the excellent documentary “The Money Masters”.
This will get you started:
http://tinyurl.com/64cmdta
The cartoon gets its history right.
The ending is a bit far-fetched.
In a country where everyone is for sale, who is going to stand up to the guy who can print money at will?
And for anyone that understands this mess..
Its a giant pyramid scheme.
Only those on the top are making ANYTHING..
Something you may not see/understand..
Look at What happens to nations that are self sufficient and have NO NEED of interference. Under developed nations. Look close at past history. Look at the backgrounds. During WWII, look at the nations NOT INVOLVED and what happened.
NOW back to food.
Look up a link to FOOD as a weapon. And remember that the USA supplies about 30% of the food world wide. WE undercut the farmers. Those nations FORGET about farming and Millions head to the large cities for FOOD/WORK.. Within 10-20 years we have CONTROL over that nations food.
Then look up MONSANTO on the net, for other nations. THEY SELL SEEDS.
Hey, Mark T. !
Thanks for that link to “The Money Masters”.
There was stuff in there that even I didn’t know!
You’ll never grok how _rare_ a pleasure that is for me.
What a bunch of hooey.
S.
I love just how he glosses over the simple fact that the “victim” here didn’t pay his mortgage. That is why he lost his house. No one forced him to take a mortgage. He could have continued to rent. Or paid cash for his house.
I’ve been thinking about this video. It is pure rubbish. There are so many things wrong with it I don’t even know where to begin.
The concept of creating inflation, and then taxing the appreciation in order to take what is yours is interesting. But… there is a serious problem with this theory…. they forgot to tax it.
(1) The largest asset most Americans own is their home. And the appreciation on that, that is capital gains, is tax free. It used to be taxed, but that was a long time ago. So why would the Fed allow Americans to pay taxes on their largest appreciating asset if this was true?
(2) The interest Americans pay on their home mortgage is tax free. Again, more dollars slipping past the grip of the IRS.
(3) The second (and should be largest) largest asset the average American owns is their IRA/401k. Guess what? Those are tax deferred. They are allowed maximize their growth potential by not letting the IRS, Fed, Rothschild’s have one thin dime of it for decades. And then when you take distributions, you can time it to minimize the tax hit.
So there you go… asset appreciation for the average American with no or deferred taxes. So how do the Rothschilds make money again?
Ironically, if you invested all your money in gold, versus your own home with mortgage and a 401K, the capital gains on the gold are fully taxed. No exemption.
In fact, I’m willing to bet all this anti-FRB crap like this is driven by gold speculators who want to scare people into investing in gold, and paying out the nose in taxes for doing so.
And this crap is driven by the same lame brained idiots who believe in zero-sum game theory, like communist. I’ve lived in dirt poor countries where communist gain a lot of traction by peddling this crap. They convince the poor that there is only so much money, and therefore the rich get rich by taking a larger slice of a fixed sized pie.
The truth is the we all get richer with lending, borrowing, and capital investment. That is what makes M1, the money supply (or pie) larger. That is what creates the wealth that allows you to buy a house, car, and have a job.
Please. Before you start believing this crap, go take a semester of basic economic theory at your local community college. This garbage belong in Kentucky with the creationist museum.
#38
You can NOT OWN property..thats what the TAX IS FOR.. If you let it SIT the state can TAKE IT. that is not ownership.
401k/retirement is DEFERRED..yes..look at the WORD..DEFERRED.
Basic econo?? you are a fool. I asked my assistant boss’s IF College course helped get the job, and they said that the company they worked for was the EXACT REVERSE of what they learned. I wish we lived by the OLD RULES.
Yankinwaoz,
Maybe you should watch the adult version: “The Money Masters”.
“”"
I love just how he glosses over the simple fact that the “victim” here didn’t pay his mortgage. That is why he lost his house. No one forced him to take a mortgage. He could have continued to rent. Or paid cash for his house.
“”"
Many people have lost their jobs due to the banker’s manipulation of the economy. Your argument is invalid.
“”"
(2) The interest Americans pay on their home mortgage is tax free. Again, more dollars slipping past the grip of the IRS.
“”"
INTEREST payments go straight to the banker’s bottom line. They don’t need the IRS to squeeze that out of you.
“”"
(3) The second (and should be largest) largest asset the average American owns is their IRA/401k. Guess what? Those are tax deferred. They are allowed maximize their growth potential by not letting the IRS, Fed, Rothschild’s have one thin dime of it for decades. And then when you take distributions, you can time it to minimize the tax hit.
So there you go… asset appreciation for the average American with no or deferred taxes. So how do the Rothschilds make money again?
“”"
In Europe right now, countries that are being forced to take “austerity measures” as part of their bailouts are now seizing private retirement accounts and giving that money to the banks. So, the paltry tax deferments are more than paying for themselves in terms of the efficiency of the seizure process.
“”"
Ironically, if you invested all your money in gold, versus your own home with mortgage and a 401K, the capital gains on the gold are fully taxed. No exemption.
“”"
Ironically, gold doesn’t really appreciate. The apparently spectacular out-performance of the stock market is an illusion caused by gold doing what it does. Holding its value. The fact is, it is the dollar that has changed in value, not the gold. So taxing “capital gains” on gold is obviously immoral.
And as things stand right now, 50% of residential real-estate is now owned by the banks. They are suffering a bit of indigestion right now because of the property taxes that they should be paying (but aren’t quite yet), and because the market wants to let housing prices fall to their true level which would force the banks to admit that they don’t have the legally required asset levels. But in spite of that, they have managed to get 50% of the homes as were planning all along to become the slumlords of the American people.