How about a one-house arrest, that would drive them to suicide in about a week.
The Bankers Manifesto 1892
- Thread starter darkbeaver
- Start date
Thanks, Sir Joseph. I think that is what I said in my original post although I did not use that many words.
Quoting china I have posted this many times but never got any positive feedback .
The Federal Government can create its own currency
The solution: Social Credit
Banks do not lend out depositors' money
Yes, the U.S. Constitution provides that the federal government can coin money, now is that the same as printing money? The 16th Amendment to the U.S. Constitution allows the government to tax.
Tax is interest they are charging you on your labour. Since cash is worthless, labour is the only trade-able commodity you have. It is like they are lending you your life. How twisted is that?
While you see nothing wrong with "left alone and strictly regulated" in the same breath many non bank fans do. This has been the suggested remedy for about three hundred years. And it has every time ended in societal disaster. "Will harm" ? Surely you are not so blind as to fail to see that the case is at this time "has harmed" as in bankrupt nations, most definitely including your shinning example of capitalism, Uncle Sham. You refuse to understand that capital refuses all regulation, in fact it hates loaths and detests any public interferrence with what they percieve as their right to rape and pillage and murder the public. Harm the banks before they harm you, that,s a good rule for smart investors. See you in the bread lines.
This is better in this thread.
The 3% can be changed if you like, it would just be added to the purchase price. In the example the 3% would be 6K/house. With a group of 10 journey men it would be the same as 10 houses (in a market that saw no slack times) 1house/day is 6K above your normal days pay, Some houses might be more labor than material.
As long as everybody added the same profit margin something should remain stable. If some are at 3% and others are at 25% the it has a limited lifespan. If the prices came down 22% then that would be 'similar' to 25% profit.
In this era we don't need a lot of printed money so no expensive presses just computer data that has fail-safe backups.
Hopefully you followed DB's link about how the Bank of Canada works.
BTW the World Banks would never allow Canada or the US to break ranks, that is where the change would have to start.
I don't understand why almost everybody is saying that just refusing to pay interest charges (when it is a choice) that would save about 40B/yr without anything more than lifting a finger a few times is a totally bad idea, do you all own stocks in banks or something?. Really how Canadian is that? Oh Yeah the world bank would nuke us past the stone-age. Other than that it's a good plan.
The Bolt: Canada's National Debt vs. GDP - An Update
They do, unique way to look at it but your right we sell our abilities to get what ever we would like, currency is only the medium. Banking institutions buy and sell us. Very twisted but necessary.
Sure capital (or capitalism) may refuse all the regulation, that is the nature of the beast. But as we have shown here in Canada, capitalism can be effectively regulated so that it doesn’t get out of hand.
Much as you may not like capitalism, humankind has yet to discover a better method of making money, a better path to prosperity.
Capital respects no borders. There have been better more productive systems since the beginning. Capitalism has been out of hand for a long time, that's why it's being adjusted now. You suggest closing the barn door now that the horse and the chickens have been trucked away. Hey, this week WalMart posted a loss for the first time ever. Opportunity right. It couldn't possibly have been a humane who invented Capitalism.
Canadian banks ducked the bullet so to speak this time, but you cannot delude yourselves that the Canadian banking system is any safer than the American banks. Circumstances for each country were and still are quite different, right now everyone is going thru a corrective process. Until we create a totally new money supply which is backed by 100% by precious metal. (Convert out fiat money into real money.) Just consider Canadian banks luckier this time.
But what makes 'precious metal' have any particular value? Nothing, except people's desire to have it.
So in the end, basing the value of money on the value of chunks of metal is no improvement.
It is a way of regulating how much money can be made/created. Put enough value on a grain of sand and it becomes valuable, but even sand has a limit. (bad example, but it could be aluminum, silver or gold)
What you are advocating is going back to the gold standard, I don't see that happening. And contrary to what you may think, luck had nothing to do with it. Canadian banks are conservative in outlook, they are very much averse to taking risks. That, combined with sensible and reasonable regulation (which is totally lacking in USA) is what kept Canadian banks out of the soup.
Canada has shown the world how banking should be regulated. Some of the smaller countries are now following Canada's example (Ireland, Iceland etc.). I don't see USA putting in any regulations, now that Republicans have 41 senators.
Chances are very high that you people will have another banking disaster a few years down the line, and chances are that Canada will escape it yet again (and it has nothing to do with luck).
Incidentally, IMF rated all the banks in the world a few months ago. According to IMF, Canadian banks are no. 1, the best in the world, US banks are no. 40.
Is it any wonder that USA had a banking sector meltdown, but Canada was spared?
There is no better protection against inflation than to have something backing your money other than a,promise to pay. (It can be anything, not necessarily gold) You have to keep in mind that we both pay approx. the same thing for a can of beans, won't even go into what they pay in Europe. Yet on the world market the U.S. dollar is down. Do not see it on a personal level yet.
Why is it necessary? We are being held hostage to a banking system based on fiction. It has no basis in reality, has no intrinsic value what so ever. Who profits from this charade? Certainly not us. I would rather go back to the barter system than be robbed constantly by these thieves.
And who is holding the gun to the head of our government that we are paying private banks high interest when our government owns its own bank and can borrow at next to nothing? Something is rotten in Canada as well as the rest of the world.
What would happen if China demanded payment, or better yet the US just defaulted, couldn't China then start claiming ownership of Federal public land. The home of the spotted owl could be logged if China wanted the lumber more than the owl. That is the whole idea behind the grabbing of 'public land' in the last few years, it is what the US has put up as security for all the bonds they sell every year.
The gun is held by the worlds central banks, if the US would invade a country (partly) because they quit using the US dollar what do you think the banksters would have happen to us? Perhaps a month long breakdown in natural gas delivery coupled by all sort of financial woes. That is why the change needs to start at the top so alot more countries than Canada would have to act on it. The good news is they can't run anywhere this time, it isn't like they would defend it with their own lives anyway, they would easily give it up and just start planning on how to steal it back. Perhaps that is a reason the Rothschilds are so interested in Jerusalem, if they could put their headquarters there they could claim an attack on them is an attack on God. I'm pretty sure God left the banking stuff in the hands of the Christians. Same lax rules for 'members' as the the 12 Tribes had over the Gentiles in the OT. This time however Gentiles have the same rights and the new Gentiles are Corporations, they are taxed on the people's behalf, they should be handing Ottawa money as a Corporate tax, same as any other private business that seems to chug along year after year making a modest profit.