truth-it.net — Today, all Americans are slaves to the elite banking cabal and its stranglehold on the financial system. Americans are under the delusion that they live within a system of open markets, fair trade, and free market capitalism.
Jun 3, 2009 View in Crawl 4
haoieJun 3, 2009
Not to mention to our overlords.I mean, uh, bosses.
Closed AccountJun 4, 2009
Uh, yeah... when countries print their own money it's never had any adverse effects. Just ask Zimbabwe, Weimar Germany, etc. It's called the inflation tax if done right (it's basically a tax on people whose money gets rapidly devalued), when done wrong it's called a hyperinflation and it's a massive disaster.
mikbunnJun 4, 2009
Forgive my ignorance, but where would the government get its money without income tax? From your post I gather that the government would print money to finance its actions, causing more money to go into circulation, and causing inflation. I think you assume that by not having income tax burdening the populace, there would be economic growth to counterbalance the inflation.You also seem to assume that the government only spends money on interest.There must be taxes somewhere in your equation (I assume you'd like a flat tax, which completely cripples the poor.)I really don't understand a lot of your crazily capitalized post.
markbrentJun 4, 2009
dugg
daigojigaiJun 4, 2009
LOL, well said.
Closed AccountJun 4, 2009
Where did I say that his business practices are OK, or where did I mention anything about corporate bosses making over 500k a year? You'll find nothing of the sort in my comment. You appear to be calling me a hypocrite for arguments I didn't make. It's so lame that nobody even replies to your arguments anymore... they make up something you didn't say then go into a rage over that. What the hell?
waiting2awakeJun 4, 2009
How many people on min. wage can open their own legal business? How do you get the capital, when all the money is being spent on food? Slaves were bought and sold, as employee's move from job to job - but they are still caught in a cycle of having to work to provide for necessities, that the slave was freely given. Point still stands even if you can't see it. Capitalism isn't equal to slavery - I didn't say that it did - I said the current system is similar to the owner-slave system. That it was merely a change from physically controlling people, which people can see, feel and react to on a personal level(and tend to react badly), to a covert one where money and government policies control the way people interact and the people are none the wiser.