• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Why You Will Soon Be Living In Poverty

Watchman

Alfrescian
Loyal
Joined
Mar 12, 2009
Messages
13,160
Points
0
Why You Will Soon Be Living In Poverty
http://www.abovetopsecret.com/forum/thread613412/pg1
I’ve noticed the socialist agitators out in full force recently, busy blaming the free market and capitalism for every economic problem under the Sun.

First, we need to understand just what capitalism is. Then we need to understand what it is not. Only through this will you be able to understand why the money in your pocket is about to become totally worthless.

To economists, the word capitalism simply means “voluntary exchange of goods and services.” – nothing more and nothing less. To radical socialists, capitalism apparently involves all manner of fraud, theft, and government intervention on behalf of big business.

Because the mass media and socialist academia have so distorted the meaning of the word capitalism, I shall simply use the term “free market” to mean “voluntary exchange of goods and services”, which is really the same as using the term “capitalism”

“Free market” = “voluntary exchange of goods and services” = “free market capitalism”

All of those mean the SAME THING.

Free markets do not involve any government intervention at all. As soon as one starts introducing government intervention into the markets, the markets are NO LONGER FREE. Almost all government intervention is done on behalf of large corporate interests. Almost all regulations are created by big business to cartelize markets and drive out competition. When government engages in this kind of behavior, it is called FASCISM.

The term fascism was explicitly first laid out by the WWII Italian dictator Benito Mussolini in his work “The Doctrine of Fascism.” Mussolini‘s vision for Italy involved cartelizing all the trade unions and business into “corporate” divisions. These corporate collectives would then all have a seat at the government table. Mussolini’s vision of the State is almost identical to our current system of governance in America and in most western European nations.

Mussolini writes:

“Granted that the XIXth century was the century of socialism, liberalism, democracy, this does not mean that the XXth century must also be the century of socialism, liberalism, democracy. Political doctrines pass; nations remain. We are free to believe that this is the century of authority, a century tending to the ‘right’, a Fascist century. If the 19th century was the century of the individual (liberalism implies individualism) we are free to believe that this is the ‘collective’ century, and therefore the century of the State.”…

“Fascism is therefore opposed to Socialism to which unity within the State (which amalgamates classes into a single economic and ethical reality) is unknown, and which sees in history nothing but the class struggle. Fascism is likewise opposed to trade unionism as a class weapon. But when brought within the orbit of the State, Fascism recognizes the real needs which gave rise to socialism and trade-unionism, giving them due weight in the guild or corporative system in which divergent interests are coordinated and harmonized in the unity of the State. (p.15)”

Mussolini is saying that he believes society prospers when socialist welfare (including corporate subsidies), trade unions, and corporate interests are harmonized in a system of government. Today we call this system of government “corporatism,” but in reality, there is no real difference between Mussolini’s vision of fascism and corporatism.

Economist Sheldon Richman writes, “Mussolini also eliminated the ability of business to make independent decisions: the government controlled all prices and wages, and firms in any industry could be forced into a cartel when the majority voted for it. The well-connected heads of big business had a hand in making policy, but most smaller businessmen were effectively turned into state employees contending with corrupt bureaucracies. They acquiesced, hoping that the restrictions would be temporary. Land being fundamental to the nation, the fascist state regimented agriculture even more fully, dictating crops, breaking up farms, and threatening expropriation to enforce its commands.”

“Fascism” = “Corporatism”

One of the most important pieces of the free market that needs to be wiped out and cartelized in this system of fascist policy is the currency and banking interests. Once we see how the banking industry and monetary system is cartelized, we can begin see just how the fall of America occurred and why you are about to be starved to death.

In free market capitalism, money is product of the markets. People will select goods to use as a medium of exchange. In the early days of America’s history, the frontiers men used beaver pelts as money. Money in a free market can range from rare sea shells to gold, but it is always some THING that has intrinsic value and can be easily traded for other goods. Almost always, this role of intermediating trade fell to gold or silver because they were rare, had a high value for their weight, and were easily transferable.

Early on in America’s history, Spanish gold coins were frequently used and accepted as money. No one cared if the coin was minted in Spain, Washington, or anywhere else. The coin had value because it was gold. It could not be reproduced by simply running a printing press.

The point I’m getting at here is that there is no free market in money. And as we will see, there is no free market in banking either. Money today is a product of debt. If there were no debt, there would be no money. This is a fact and it is a fact that should shock you. This “money” in payment of debt is forced upon the public at gun point through something called “legal tender laws” (which all violate the US Constitution by the way.) Legal tender laws simply mean that if a person offers to pay a debt in federal reserve notes, the courts will discharge the debt. No one is allowed to reject the fake federal reserve notes. Nor is anyone allowed to create a currency that competes with the federal reserve notes.

This government enforced monopoly privilege of money creation assures that the fed and the government can debase the currency by printing endless amounts of money, yet the public is still forced to continue using it even as it becomes worthless over time.

Money is debt because of our fraudulent fractional reserve fiat system of currency which is operated by the fed. When new loans are taken out by customers, new money is created. The banks don’t actually have a “reserve” stockpile of money they lend from. Money is simply credited to accounts when new loans are taken out. Thus, the more debt, the more money in the system. The more money in the system, the less value that money will have. This is simple supply and demand at work. As the supply of money goes up, the value of that money goes down.

This endless printing of money is why you will starve.

The government has currently committed to bailing out nearly 30 trillion dollars of bad investments (debt) using public tax dollars.

In a non-criminal currency (ie. gold), inflation is caused by banks lending out more money than they have in gold reserves or by an increase in the gold stock. Business cycles are directly related to this fraudulent activity of excessive lending since the act of lending more paper money than the banks actually have in gold reserves artificially reduces interest rates, which leads to “booms” in the cycle.

In our current system, this same principle applies but the artificially low interest rates are a product of the federal reserve setting interest rates through manipulation of the bond market rather than a product of individual banks issuing more paper than gold they have on hand.

These “booms” are when the malinvestment takes place due to excessively “cheap” money (credit) being available. Since money is cheap, investors are willing to take more risk than they otherwise would. The cheap cost of borrowing also sends a signal to investors that there is more capital goods available for future production than actually exists. Producers see the cheap rates and assume people have lots of savings available to spend on future consumption so industry reorganizes itself into the production of long term goods. Only later is it revealed that consumers are broke and the existing capital stock of goods that producers were relying on to finish their projects does not actually exist.

The “bust” is the market trying to correct this excessive lending and return itself to a proper ratio of gold to dollars. The “proper” ratio can be considered a point where all bad debts (malinvestments) have been cleared through defaults and write-downs.

In a totally unregulated system of gold back currency, the normal behavior of the economy is to experience constant DEFLATION. As the economy grows and becomes more productive, the value of the currency will INCREASE over time. A piece of gold will buy more and more goods as productivity increases. We should see constantly DECREASING prices, just as we see in the consumer electronics industry, due to technological innovation, competition, and increased efficiency.

Of course, we don’t have a free market at all today in anything. Massive government regulation over all industries has turned all of the major industries into cartels. Competition is heavily suppressed through regulations and the tax code. It can take weeks to simply get all the proper licenses necessary just to operate a small business, and that is only one tiny fraction of the regulation the business has to deal with once it is running. The entire point of all the regulation is to keep people from starting their own business and competing with the large corporate oligopolies.

We must also not forget government contracts. When a business is getting huge subsidies and contracts from the government, it sucks up resources that keep other businesses from competing with it. This further creates a monopoly situation.

All of these regulations, subsidies, government contracts, interest rate manipulations, fake money printing, bailouts, welfare, and limitless “defense” spending have wiped out the economy. Without the fed, government would have to tax before it could spend, such insanely high tax rates would cause a revolt. Without the fed, the banks would have no one there to bail them out or suppress interest rates which increases profits through increased lending.

The federal government, in conjunction with the private commercial banks, have racked up such an enormous debt through welfare, warfare and suppressed interest rate loans to the private sector that we have come to the end of the road. People can no longer afford to take out loans, this causes the economy to contract, as the economy contracts, consumers default on their loans causing banks to fail, this also causes government tax revenue to fall, as government tax revenues fall it can’t afford to pay off its debt, and when government struggles to pay off its debt, it prints money – this will be the cause of hyper-inflation.

In this process of debt implosion, we can see that the banks would normally be wiped out in the process since they are all inherently bankrupt. Rather than allowing this bankrupting to occur, the government has committed tens of trillions of public tax dollars to keep the banks solvent. It has shifted the burden of consumer defaults to the tax payers, rather than the billionaire bankers and hedge fund managers. By socializing these losses of the banks on to the tax payer, the government has increased its own debt burden enormously, further compounding its problems.

What we can see from this is that free market capitalism played absolutely ZERO role in the destruction of our country. People voluntarily exchanging goods and services do not cause massive economic chaos and disasters. Only when government and the banks have a monopoly privilege over money and lending can total chaos be created.
 
seriously, you spend your time reading this shit.

Words and meanings are just words. do people act according to what it means in the dictionary? It is the dictionary that come up with words in according to human's action. THey should come up with new words as there are new behavior surface daily.
 
I sincerely hope the world can go into communist rule under North Korea :D:D

This will put most people in order... and i know North Korea or communist is not good but the least, the world need to learn a very good lesson. :eek::D:D

Most of news/propaganda in the newspaper are like toilet paper, wipe my shit and throw away...:p:p
 
seriously, you spend your time reading this shit.

Words and meanings are just words. do people act according to what it means in the dictionary? It is the dictionary that come up with words in according to human's action. THey should come up with new words as there are new behavior surface daily.

We may not be in agreement to all parts .

But some still hold the basics that we always forget .
 
Last edited:
seriously, you spend your time reading this shit.

Words and meanings are just words. do people act according to what it means in the dictionary? It is the dictionary that come up with words in according to human's action. THey should come up with new words as there are new behavior surface daily.

We sometimes must spend time to read .
They didn't ask for donations nor monetary reward .
They are just expression at their best put into print .

People are angry and needs to express their thoughts .
And perhaps more will add to as we try to comprehend the workings of it all .
 
Singapore should study and see if lesson can be learnt from the above. Of course there will be some government control. Otherwise USA will be swamped with people if it is free for all. So barriers have to be in place. Of course if supply is more than demand then people will automatically leave for other pastures, but in the process there will be social distress and havoc created on the systems because people are not clinical processes and to move takes time and energy. Movement of people is very different from movement of currency, for example.
 
Back
Top