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#31
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[quote=mockingbird131313;472123]
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Credit card debt is the result of overspending. Period. Understand this, the FEDERAL RESERVE BOARD IS NOT A fEDERAL AGENCY. Everyone needs to understand the problem here. Here is the little guys take on it, let me explain. This is "Class Warfare". I have seen this class war from the bottom of the white class, low income folks. We did own a house so we weren't as low class as the renters. If you don't understand that,you are not in my 'class'. I was born in 1949, just at the end of the baby boom. I remeber discussions of the Korean war and Eisenhour as President. And 'saving bonds'. I don't remember who explained it to me, what I got out of it was, you bought the bonds at a discount, you were in effect loaning the government your money, and at the end of 20 years they would give you back the face value of the bond, like paying you rent on your money. Why? Well because it saves them money. Ok, how does it save them money to pay me interest? Because the interest rate is lower than what they would have to pay to the federal reserve board to borrow the money to pay the debt for the war. Well what if the interest rate from the FEDERAL RESERVE BOARD goes down below the 4% they are paying on the bonds? And who is this FEDERAL RESERVE BOARD ANYWAY?? Do the research, the Federal Reserve Board was created by congress to control our economy, we wanted to control inflation. And the 'Money People', the ones that were so rich they could reposses the government convinced us they were going to benevolently give us thier experience in keeping wages and prices low, yet loan us enough money so we could get some of the things we wanted and the profit machine was created. Now all you have to do to keep it going is continue to help the little poeple out by taking from them in taxes and then loaning it back to them with interest, subsidized by the Federal Government. If this all sounds like voodoo economics to you, you didn't live through it. I remember when Reagan was asked about controlling inflation when he wanted to cut taxes, and his response was 'Well you tell me why, if you let people keep more of thier money and spend it thats inflationary, but if the government takes it from you and spends it thats not inflationary'. The problem, foreseen by the writers of our constitution, with 'big government' is that it is big business and the chances for waste are much higher, let alone outright fraud. Quote:
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#32
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Showing selected Cannabis News article - Cannabis News: UK: Home Office Invites Cannabis Users to Debate Reclassification - CannaZine For all of our UK members. I don't know anything about the folks talked about in this article. Please take action, speak out!! VV
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#33
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We have been duped in all of this. Now that the USA has been sucked dry in the name of this New Global Economy the 'Money People' are pretty much done with us, its cheaper for them to go else were, as long as we protect the and thier investments with our soldiers. Of course this could mean some of them will die protecting 'Our American Way of Life' and if you don't support our troops you are not patriotic. Bullshit, bring them all home, they will be less in harms way here than all over the world. The Iraq war will end or not when we leave. We would not tolerate this on US soil, we have no 'right' to be there. Your statement about gas prices shows a lack of knowledge. I was in Europe in 1999, Italy specifically. Gas was over $.90/ liter then, about $3.50/gallon. They are closer to the oil source than we are, why do we bitch about $3.00/gallon. Well. I do tend to go on a little. VV
![]() Geeze VV,You really do get it don't you? Since I own a huge pick-up truck, I would appreciate a little fuel subsidy, IE lower gas prices, but I drive less than 4,000 miles a year, so it isn't a huge concerne. Here's my little bitch: The basic cost of living rose over 6% last year, We (SS) recipients got a 2% COLA. How does that compute. It seems like we need better lobbiests. Now, the Congress is trying to get all the illegals on to the SS payroll. Can you imagine 5-10 million grey haired old people with AK47s marching on Washington?~LOL~. I'm ready.
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Life is good, the water is sweet. The ground keeps moving beneath my feet. |
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#34
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When I asked him about Hemp he tried to give me the 'as a former FBI agent......Well, now you know why I don't get started very often. VV |
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#35
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Explained: Why are Ann Arbor's Pot Laws? - Ann Arbor I am wondering if any one knows of a source for statistic on marijuana use in Ann Arbor. How has this law affect it? VV
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#36
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__________________
Life is good, the water is sweet. The ground keeps moving beneath my feet. |
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#37
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Maybe you should do some research on what the Federal Reserve Board is and what thier role has been in creating this "debtor society". Now we have adds talking about credit card debt etc. hounding you, like its a thing.
Credit card debt is the result of overspending. Period. We pay to grow cotton where it wouldn't grow and then give the growers price support because they can't make money growing cotton. Trying to make biofuel out of corn is starving third world countries, they can't afford to buy our corn at $3.50/ bushel. My wife did a paper on it for a college class and she was amazed. By the time you use the oil to produce the fertilizers and then truck it to market since there aren't any pipelines you are almost in the hole. Dear Victor Vicious, I majored in economics and understand the FRB pretty well. So trust me, the smartest people are over there. But they are paid to represent positions that are not in the best interests of America. Sort of like an attorney who helps clients he dislikes. My real point is this; those economists know what is happening and they are publicly giving bad advice. psssst! Hey buddy, want to make some EASY money? Go to switch grass. Corn is a loser. SG is a 100% consumable bioproduct for ethanol. Last edited by mockingbird131313; 01-18-2008 at 04:36 PM.. |
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#38
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Do you have any new on MM is south carolina. I thought we were going to try to get it this year but am having a porblem finding info. Of course I have never heard about it on the news here. TIA
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#39
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I heard a few things on switch grass, even made the local news channel. IMO this is an attempt to delay the obvious, hemp should be grown in this country, farm subsidies stopped, let the free market decide, while making as sure as we can without interrupting commerce. that folks aren't starving because they can't afford corn. Several industries will be affected by this change. The oil industry will not suffer, the rest of the world will have enough oil. The lumber industry will suffer some losses, hemp is superior paper. Hemp is also a cheaper building product and should have an impact on the cost of housing, it will be cheaper to build them. The biggest impact could happen in the health care industry. What?? Check out the health benefits of Hemp Seed and hemp oil. Can you say a Healthy America?? I haven't done any research specifically relate to switch grass. Maybe you could provide a link to information about it? VV PS I don't own a farm. My brother in law does some farming, most of it is for the pacers and trotters he has. |
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#40
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I don't remember any specific information about SC. Norml, MPP, and MAP are all good sources of State specific information. VV
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