Federal Reserve About To Commit Another Giant THEFT



JakeStratham said:
I wanna play, too.

Here's my recipe for getting us out of this hole. [1]

Before we "accelerate the economy," we need to accelerate the trough of the business cycle. We need to clean out excess production that society doesn't want. And we need to do it in every... single... sector.

Here's how to do it (and here's where the madness begins): [2]

Let the guvment implode. Let it go. All of it. That includes the prez and his henchmen. It includes the fed. It includes defense and armed forces. It includes every single entity that feeds like parasites off taxes, legal tender bullshit, deficit spending, regs, and laws.

"Oh my gosh! What about police? What about teachers? What about roads? What about my grandmother's social security check and medicare? Who's gonna protect us from the taleeban?!"

"WHAT ABOUT..."

Stop. Take a breath. We're chucking it all.

Now that all the bullshit is gone from the picture, what do we have?

Well, we have property and a method of voluntary exchange. We also have millions of people who need and want stuff, and they're willing to exchange something the provider deems valuable.

Need a haircut? Come up with something the stylist wants.

Need food? Your local grocer, farmer, or neighbor is gonna want something for it.

Need a house? Start building, or find someone who's willing to exchange theirs for something you have that they want.

Same with every good and service.

How can a market economy make this possible? Well, here's where I cop out: I ain't gonna spend the time explaining. Not even on a Friday. The fact is, if you have read any of guerilla's posts, you'll already have the answer, even if you have forgotten it. If you've read them, and you're unconvinced, I can live with that. Anonymous forums aren't the best place to convince people of anything they're not already convinced about.

Every salesperson has to pick the hot prospects, and ignore the tire-kickers. Same here.

That's my recipe for getting the U.S. out of the hole. How do we get there? Well, two ways:

1. Bloody revolution. It's a dirty business, and nobody want to do it, including myself.

2. Education. Learning. Planting seeds in people's heads (irl), and watering them (the seeds, not the heads). It starts with getting people to understand that every time they vote, they're complicit in the problem. Just as complicit as the German citizens were as Jews were being killed. [3]

The problem ain't partisan. That's for sure. The problem is guvment. And people vote for guvment.

Stop voting.


[1] It ain't gonna happen. No one has the stomach to see it through.

[2] C'mon now. You know it ain't gonna happen.

[3] Nod to Godwin.
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While I don't 100% agree with your opinion, I respect you for at least backing up what you say with a solution. I do admit our government has become too big not only over the last two years but in general. I would say that I don't agree with ridding of the government. I would say, to vote for individuals whom actually care about society and not just padding their pockets. People think the fed is so terrible but some states are even worse. My State, (PA) is undergoing a scandal in our legislature that involved an overnight vote of a pay increase of some absurd %. I personally believe the solution is to put qualified individuals in congress rather then politicians.

Not voting is simply going to do nothing. While the system is flawed, it's better then a communist or totalitarian system. (Please don't say we live in one now, we don't.) Not voting is useless because there just isn't anyway to get enough people to overthrow the government if that's exactly what you mean.

To sum up my feelings for our government in whole (both dem. and rep.) is this, "The government is meant to serve the people not for the people to serve the government."
 
jeffrey said:
While, I agree that the new plan is going to fuck us harder, I can't believe you'd actually believe the biggest douchebag out there. He thinks he's the fucking messiah and he should be punched in the head repeatedly until he stops spreading his nonsense. With all that being said, for once, I agree with you about this plan. My question is for you hellblazer. What SHOULD the government do about the economy? No bashing Obama or Liberals, just simply what you think would accelerate the economy.
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Just to start, repeal all of Obama's laws, allow the banks to go bankrupt, sell off the car companies, make the Bush tax cuts permanent, slash government spending by at LEAST 50%, and yes that includes reforming Social Security and Medicare. Get rid of the Fed or make Denninger Fed chairman, make Peter Schiff Treasury Secretary, and cut even more spending to bare necessities. TONS and TONS of prosecutions for the multi-trillion-dollar fraud perpetrated by the banks, Bernanke, Geithner, and Obama. Fill those jails up.

No more trade with China or any other Communist nations. No trade with countries manipulating their currency or employing slave labor.

Eventually work back to the gold standard.

I dunno, those are a few ideas. Basically follow a pure Austrian economics approach and this country would be fine. I don't pretend to be an expert on that subject, but I know enough to know that it's the best possible way of structuring an economy. What they're doing right now is the exact opposite.
 
hellblazer said:
Just to start, repeal all of Obama's laws, allow the banks to go bankrupt, sell off the car companies, make the Bush tax cuts permanent, slash government spending by at LEAST 50%, and yes that includes reforming Social Security and Medicare. Get rid of the Fed or make Denninger Fed chairman, make Peter Schiff Treasury Secretary, and cut even more spending to bare necessities. TONS and TONS of prosecutions for the multi-trillion-dollar fraud perpetrated by the banks, Bernanke, Geithner, and Obama. Fill those jails up.

No more trade with China or any other Communist nations. No trade with countries manipulating their currency or employing slave labor.

Eventually work back to the gold standard.

I dunno, those are a few ideas. Basically follow a pure Austrian economics approach and this country would be fine. I don't pretend to be an expert on that subject, but I know enough to know that it's the best possible way of structuring an economy. What they're doing right now is the exact opposite.
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Thank you for responding. While I disagree with appealing ALL of the laws passed under the Obama Administration I do agree we need to cut spending. I also agree with you about China. It seems conservatives want to spend nothing but still believe they can fix the economy. The liberal agenda seems to be to throw money at the problem and hope it is fixed. The point I was trying to make is that both are fundamental wrong and that if the government would've spent money in a fiscally sound manner, that we as a country, would be in much better shape.
 
Ron Paul is an Austrian


[ame="http://www.youtube.com/watch?v=fKdqUlEguG0"]YouTube - Ron Paul on War "the Treasury is bare...the people are broke...thought We'd be fighting less wars!"[/ame]


These are Austrians


[ame="http://www.youtube.com/watch?v=Zpmqy9tC4uI"]YouTube - Is Limited Government an Oxymoron? | Thomas E. Woods, Jr.[/ame]


This is the mainstream Austrian position on the FED


[ame="http://www.youtube.com/watch?v=iYZM58dulPE"]YouTube - Money, Banking and the Federal Reserve[/ame]


Napolitano is an Austrian.


[ame="http://www.youtube.com/watch?v=0sNWbiAMf80"]YouTube - What Ever Happened to the Constitution? | Andrew Napolitano[/ame]


No one should be listening to Glenn Beck on politics or economics.
 
[ame="http://www.youtube.com/watch?v=4MrJyxSpJE8"]YouTube - Grant Says Fed Seeking to Generate `Debased' Dollar: Video[/ame]


Jeffrey Tucker is an Austrian


[ame="http://www.youtube.com/watch?v=5KIDTGKX298"]YouTube - The Cultural Upheaval of Loose Money | Jeffrey A. Tucker[/ame]
 
The cultural upheaval video gets really great after the 11.30 mark, as Tucker explains how hyperinflation helped birth National Socialism.
 
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It seems logic to decrease the value and raise the export, because this was hyper production crisis all over the world. there were a lot of goods produced but low demand.

In other hand, Fed. Res. know how to play the game, and the new world order is actually a moderns slavery. Those rich families are the kings, we are the slaves and those people of Hardward, Oxford etc are link (managers of Multi national corporates) between us and rich families.

The new world goverment will be on the place of the UN buildings in New York, wich buildings are gift from Rockefeller, and this is it.

So doing a black hat is one of the ways to get independent :) but this is only my opinion.
 
hellblazer said:
I gotta say, Beck was on this from day one. Nothing this weasel does slips by him.

YouTube - November 4, 2010
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haha so you're one of the morons who watches glen beck and believes crap he says, good that his viewers went form 3 million to a bit above a million since January. your comment throughout this topic have made no sense at all, we get the government we deserve is a very right statment since the teaparty with no plans basically won it all and while obama does strategic moves for the long term people are to dumb to think ahead, they expect a magic wand of 8 years of bush fucking America in the ass to be changed in 2 years. get real, if the economy is doomed it was not by the hand of Obama, fed is outside the government.
 
[ame=http://www.youtube.com/watch?v=6i4QX67ETTA]YouTube - Cavuto Nov 5 2010[/ame]


[ame=http://www.youtube.com/watch?v=2MQ2pk7kkm4]YouTube - Exclusive: The Story of Spending[/ame]
 
crossfittn said:
Wow. It will be so cool to see what happens after America is destroyed this century... Interesting to see how it is reconstructed and how many separations there will be
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Thats very interesting, scary yes but the reality is blinding. Why does the fed seems like its own little machine driven by the only thing that makes sense to us intergrated in this system of PROFIT.

"When people loose everything and have nothing left to loose they loose it" Gerald Celente
 
guerilla said:
YouTube - Exclusive: The Story of Spending
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That second video really does a great job of showing how we got here. Interesting how Reagan tried to slow things, but his mistake was not reforming the entitlements. Until we either reform or eliminate Social Security and Medicare, there's no chance of avoiding bankruptcy. We also can't afford these wars anymore.

It also shows how we haven't had a really fiscally conservative President in a LONG time.
 
This sucks but nothing will be done and is probably the future because 99% of Americans aren't smart enough to understand the economics behind this. Hell even my friend who's really smart doesn't understand inflation even after I keep explaining it to him. I'm honestly suprised they don't do this all the time instead of raising taxes as then no one would complain and never figure out how they're being fucked.
 
kingfish said:
This sucks but nothing will be done.
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Actually, plenty will be done to perpetuate this and other violations against property and liberty. People vote. They send slave masters to DC. These slave masters erect institutions, and stock them with underlings. Bernanke is one of countless examples.

How many people on this board vote for new slave masters? Nearly everyone.
 
Hellblazer - you are right... sort of... cut the oversized government and unsustainable benefits - yes of course. Public sector should not be making 50% more than private sector but we can never and should never go back to the gold standard. It hinders growth and expansion. It sounds good when talked about but from an economics perspective it does not work.

In AM terms - you cannot scale quickly while on the gold standard.

By the way. The country is fine and can re-invent itself through elections. This was as designed when formed.

Consider these two things also,
1. You need inflation. When in a lot of debt you want to pay it back in inflated currency.
2. We could drill the oil in the flyover states and turn the world economy on it's head. We could drill enough oil to pay back all the debts and then some. The country owes a few trillion? OK so we do not have it in liquid assets or gold - but we do have it in oil - and as long as we have that we could snap our fingers and turn the economics around on any creditor nation.
 
REIMktg said:
Hellblazer - you are right... sort of... cut the oversized government and unsustainable benefits - yes of course. Public sector should not be making 50% more than private sector but we can never and should never go back to the gold standard. It hinders growth and expansion. It sounds good when talked about but from an economics perspective it does not work.

In AM terms - you cannot scale quickly while on the gold standard.

By the way. The country is fine and can re-invent itself through elections. This was as designed when formed.

Consider these two things also,
1. You need inflation. When in a lot of debt you want to pay it back in inflated currency.
2. We could drill the oil in the flyover states and turn the world economy on it's head. We could drill enough oil to pay back all the debts and then some. The country owes a few trillion? OK so we do not have it in liquid assets or gold - but we do have it in oil - and as long as we have that we could snap our fingers and turn the economics around on any creditor nation.
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"Sir, I am unimpressed with your analysis."
 
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