What is Digg?605 Comments
- TexasWaterSnake, on 10/11/2007, -24/+177This is exactly why we need to get rid of the Federal Reserve, which is neither Federal, nor a Reserve.
FDR sold us into perpetual debt slavery when he allowed those banksters to take over our currency, and they've been stealing from us for decades. - futureteg, on 10/11/2007, -92/+238we need Ron Paul now more than ever. He is the only candidate who has talked about this for YEARS. He is the only candidate who actually has a plan to fix the economy.(axing the Federal reserve and the IRS...will help stimulate the growth of the economy, with people having more money to spend).
- niczar, on 10/10/2007, -12/+154If you stopped invading countries that haven't attacked you, you'd have money to spare for your old & pauper.
But what do I know, I'm French. - woofers07, on 10/10/2007, -7/+104How about cutting the war on drugs? Or more realistically at least cut it back a bit. I'm pretty sure the current administration has already blown the whole 'family values' idea out of the water.
- kag9000, on 10/10/2007, -6/+86The richest nation on earth. The wealthiest middle classes on the planet. You let the private banks, with the aid of politicians, steal the whole lot. Good job!
- tehpwnrate, on 10/10/2007, -2/+67Not to be an *****, but any 6th grader with a calculator could figure that one out. And yet, fiscal responsibility eludes us...
- one2gamble, on 10/10/2007, -3/+66people talk like the collapse of the US economy wont take the world with it....
- Frnnkdlxx, on 10/10/2007, -6/+58Recognize the institutions that strangle us economically and pursue radical and extremely poor fiscal routes. Ask the question, why would the worlds top business minds make decisions that the worlds top accountants claim will lead us to economic ruin?
The Money Masters - How International Bankers Gained Control of Am...
3 hr 35 min - Mar 27, 2007 - No ratings yet (853 ratings)
the power to create the world's money..." THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the
http://video.google.com/videoplay?docid=-515319560256183936
Comprehensive Annual Financial Reports EXPOSED! (Alex Jones)
2 hr 4 min - Mar 14, 2006 - No ratings yet (167 ratings)
and local government through investment fund participation. According to Burien CAFR (Comprehensive Annual Financial Report), only one-third of government's gross income is tax income
http://video.google.com/videoplay?docid=-5195274119869140315 - Emceay, on 10/10/2007, -25/+75*****. Yeah, I can see it now.. "Why does the interstate cost so much to drive on?! I don't have job insurance, I got downsized, how will I pay my bills while I find a new job? Why are all the loans 25%? That's robbery!! Gas prices!? I don't have the cash to private school my kid! What's with this increase in muggings? Rental tax, wtf? $7.99!? I never expected consumption tax would make milk so expensive! What do you mean my insurance premiums went up? Medication costs what!? I can't afford cancer therapy!"
The blind eye people turn to the poor when it comes to privatization sickens me. Oh, you've got your stuff taken care of so ***** other Americans. You act like if you give the American people more money to spend, that the corporations won't immediately raise the cost of goods to net the sudden affluence. Go to hell.
C'mon Paulites, digg me down and prove that you're just a mindless horde whose power extends little beyond the internet. - obliviousfool, on 10/10/2007, -3/+47Our debt spending, especially our military spending, point to the idea that many people inside the power structures of our nation are playing an end game. To them, power over resources and military might matter much more than the interest on the money we've borrowed.
- BarneyF, on 10/10/2007, -3/+43What we need to do is ax the Pentagon. They spend trillions and can't beat anyone bigger than Grenada.
True fact: There are more admirals than ships in the US Navy. Think about it. - theoallardyce, on 10/10/2007, -7/+46Ok so what would happen if America hunted down all the ***** Iraq-reconstruction contractors who had raped US tax money and then simply shipped them off to Guantanamo and seized their assets? While your at it you can do the same thing to Bush and the rest of his Administration.
Sounds like a plan to me.. - inactive, on 10/10/2007, -4/+37No surprise here folks. Believe it or not but the government wants this to happen. Why do you think they are packing up on their emergency powers? Bush is basically a dictator if there is a national emergency. A financial collapse of what Walker is talking about could be something that triggers a national emergency. Unemployment would skyrocket, people would loose their homes, people would go starving. Despotism like this is exactly what the government wants. Why? Because when despostim is rampant the government can basically do whatever they want. Just look at Hilter. He convinced the people that the jews were to be blamed for everything and that world domination was possible.
What this:
http://www.youtube.com/watch?v=yfrQalpmdqk
and you will see why this is such a grave problem for America. - DontGiveADamn, on 10/10/2007, -5/+35Axing the IRS, that will really help pay off the national debt. How about taxing the guys that have been raping the country for the last 6 years.
- Gerz1219, on 10/10/2007, -8/+37It's not that corporations would raise the cost of goods once everything was privatized -- quite the opposite. But you touch on a good point, which is that if you give the people most of their 33% in taxes back, they aren't suddenly 50% richer. They now have to individually purchase a lot of goods and services which were previously provided by the government, paid for with those tax dollars. The real money saved off that 33% is merely the overhead cost associated with government bureaucracy, which I'll concede is not insignificant. Still, instead of a third of your paycheck getting lopped off at the end of the week, that extra money gets siphoned off by partially voluntary micropayments -- higher bridge and tunnel tolls, higher college tuitions at formerly state-subsidized schools, higher gas prices. The trains cost more, you have to drop a quarter in every public urinal, you have to slide a dollar into a vending machine to enter city parks. You are also now fully responsible for saving for your retirement and you have to pay for all of your healthcare. And you need to have additional money saved up for a rainy day, because the government will provide you absolutely no assistance if something goes wrong beyond your control. You pay only for what you use, which certainly benefits single, healthy, childless, gainfully employed young men who live with their parents. If your wages drop significantly due to unregulated global competition, or you lose your job to outsourcing, or you incur unexpected medical costs -- ***** YOU, you should have managed your money better. I'm not helping you out, that money is MINE. Maybe some church-based charity will offer you assistance, but that's purely up to them. While on your way to the mailbox to send a check for the repaving of your individual street, try not to step on the homeless senior citizens, and have your concealed gun at the ready in case some father who went bankrupt after a hip surgery tries to mug you to feed his daughter. But look at your paycheck, you have an extra 50% for free!
- Rodman930, on 10/10/2007, -12/+38How the hell is Ron Paul going to get rid of the National dept when he doesn't believe in federal taxes.
- MPOmnis, on 10/10/2007, -1/+24Actually, it was that snake Woodrow Wilson who sold out to the banks. I think W.Bush spawned from him.
- latpack, on 10/10/2007, -16/+39You know what the REAL problem is? Capitalism, not irresponsible spending. When you create a system that encourages greed at the expense of civility and reason (really, just who needs more than a hundred million bucks in their bank account?) then this ***** is bound to happen.
America needs to keep a tighter reign on corporate overloads who buy up / merge and shut down every business that threatens their bottom line. I'd say a 65% business tax for any company that makes over 500 million a year in profit with the funds collected to go towards government programs. Close down all the loopholes and take away their rights as a 'private' entity.
And then put some serious restrictions on outsourcing labor. That should do the trick. - 4degrees, on 10/10/2007, -2/+25"ladies and gentlemen lets hear it for the real comptroller!"
- thecoolestguy, on 10/10/2007, -1/+23Or maybe they're just trying to consume as much of the pork as possible for themelves while the US government can still borrow money.
- DigDugDigger, on 10/10/2007, -2/+22Time to invest in gold?
- StrawberryFrog, on 10/10/2007, -15/+34no more US military? You say that like it's a bad thing.
- thecoolestguy, on 10/10/2007, -3/+22He wouldn't move to remove federal income taxes until the deficit is eliminated. Ron Paul has lobbied more for spending cuts than he has for tax cuts. He has never voted for an unbalanced budget. He hates debt because it hurts the next generation.
- OGla, on 10/10/2007, -6/+25I don't understand your reasoning in the US when you say that the government is in opposition to the people. The alternative to government control isn't self reliance. It is corporate control. If the economy isn't balanced by the government it will be balanced by Coca-cola, Nike, Microsoft and other corporations. And I don't think your well being lies in their direct interest. Some government balancing can actually be a really good thing. Look at how it works in Sweden.
- thecoolestguy, on 10/10/2007, -4/+23He's probably going to win New Hampshire, since New Hampshire is the most Libertarian state in America. It is the only state with no sales or income tax.
- ReadItAndWeep, on 10/10/2007, -1/+19Tthe Federal Reserve was created in 1913 and signed into law by Woodrow Wilson. It was also during Wilson's administration that the Federal income tax was created (along with the IRS) and the League of Nations (the precursor to the United Nations). FDR is the president most responsible for creating the welfare and entitlement state, which was called the New Deal. From the Nations founding, in 1776, until the New Deal, the Federal Government had mostly functioned in a manner similar to modern libertarianism, with a few notable exceptions.
Before I'm accused of picking on Democrats, I will point out that every President (and Congress), since the administration of FDR, has steadily increased the size of Government at increasing rates. This includes both Republicans and Democrats. In fact, George W. Bush may be the worst offender in our nation's history. The Kennedy-Bush prescription drug program could almost be considered an act of financial treason against future generations, and I won't even bring up a needless war and bridges to nowhere. - patch6, on 10/10/2007, -5/+23He wants to gradually switch from a debt-based monetary system to a tangible one, so that it will not be a self-exacerbating problem that is worsened by profit incentives. Having that kind of monetary policy will act as damage control. It cannot continue on for much longer without dire effects to the public's living standards.
- FIREMILLEN, on 10/10/2007, -4/+22Is there anything the baby boomers can't ***** up? You just pawned off the next generation because of your inflated belief of superiority and entitlement. No more viagra for you old man!
- inactive, on 10/10/2007, -0/+17honestly, if the ***** hits the fan i'd prefer to trade for guns/ammo, food and water then gold. Those three are much more valuable than something that won't really help you.
- Obscenewords, on 10/10/2007, -9/+26I refuse to pay.
- lOvOl, on 10/10/2007, -2/+19Capitalism is a form of democracy in that individuals get to vote on what stuff is worth. Corporatism (which is another form of collectivism, just like socialism and communism), is inherently anti-capitalist. Unfortunately, if you don't periodically trim the hedges (i.e trustbusting as well as progressive taxes on corporate revenues, rather than profits), you are going to have a situation where corporatists will get too powerful and then just like any big government bureaucracy, the mission is not about serving the public quality goods and services at a competitive price, but rather self-perpetuation through the elimination of competion through unfair trade practices or outright mafia tactics, not to mention big bribes to government officials.
Most of the companies on the Forbes 500 are anti-capitalist companies who are either outright monopolists or else operate within a cabal of other huge corporations for controlling markets for their sole benefit and at the expense of the American consumer, as well as entrepreneurs who would otherwise challenge them on the merits of their business model and products, but are unable to do so because of being locked out of a market.
I find it extremely ironic that people who hate corporatism, actually sincerely believe that socialism or communism is the cure to all the world's problems when in reality they are just flip sides of the same coin and suffer from the same anti-democratic features that corporatism and fascism happen to have. - emjaymj, on 10/10/2007, -0/+16Do you realize that a lot of Americans are resorting to buying American-made Canadian pharmaceuticals? It's cheaper to sell it to another country and buy it back than it is to buy domestic product in the first place. How does this make any sense? And the Whitehouse is trying to PREVENT Americans from doing it. Wake the ***** up.
- thecoolestguy, on 10/10/2007, -2/+18If the federal reserve system of devalueing currency is stopped, it will help the middle class more than anything else. Since 1971, when Nixon took the US off the gold standard, median wages have remained stagnant or dropped for most demographics. Household wealth for median wage earners is lower now than it was 27 years ago in 1980.
- tugger, on 10/10/2007, -0/+16interesting numbers: Divide the national debt by the number of US households, and you get 513,000.
Yep, thats $500,000 dollars every single household owes the national debt. Thats the amount your grandkids will have to pay back in tax. And thats before the babyboomers/pension/medicaid problem is calculated in!!
Wake up people, there's a big hole over the horizon, whatcha gonna do? - Emceay, on 10/10/2007, -1/+17They'll be dead long before any of it matters.
- Micktion, on 10/10/2007, -5/+20The real problem is not medicare or social security.
The real problem is governments outsourcing corruptly to private corporations grossely overcharging for their services like Haliburton for example. And of course the largest portion expenditure that falls into this category is Military expenditure.
The US is addicted to military expenditure, it drives a substantial part of the US economy. Take away military expenditure, how many businesses in the US would collapse overnight?
I saw the Dalai Lama speak about military expenditure, in which I should add, he made absolutely no reference made to the United States or any particular country. The basic gist of what he said, is really in a perfect world we shouldn't need any military expenditure, it's dead money, a complete waste of resources on this planet. The money the US spends on the Military in a single year could wipe out world poverty overnight, never lone supply drugs and health care for the baby boomers.
It is true that there is no way we can all unilaterally disarm overnight, however we need to start walking down that road. Whilst countries like the United States continue the trends of the past and build economies dependent on military expenditure, this perfect world the Dalai Lama talked about obviously will stay just a dream.
Cutting health care and social security to be able to continue fueling the American war machine is simply stupidity. - Dumbledorito, on 10/10/2007, -2/+17"It's not that corporations would raise the cost of goods once everything was privatized -- quite the opposite."
Then why doesn't government privitization of anything lower costs while maintaining the same level of service? Just yesterday, Digg had an article about how privitization eliminated fresh produce from a school lunch program because the program increased costs. Walter Reed army medical center was under private contract when it went to *****. Halliburton has cost this nation more than even the most pessimistic cynic would have guessed.
I guess you've never heard of the phrase "All the Market Will Bear." Look at the behavior of corporate entities across history and you'll see collectives whose last thought is passing savings along to the consumer unless it's absolutely necessary. - 15charmaxwtf, on 10/10/2007, -5/+20He wants to lower spending and get rid of useless programs while tiding over people who are dependent on them by cutting back overseas spending. He is not arrogant enough to think that he can just fiddle around with some crazy government programs and make everything better.
Anyways as president the only thing he has direct control over, if I understand correctly, is the military so he is in a position of saving money and trying to persuade congress and the country of how to change the other programs.
Of course with middle of the road programs there is going to be some arbitrariness but it is a hell of a lot better than some Utopian government programs like universal health care etc The proponent's of them are the crazy ones who haven't looked at what a mess it has done in other countries. Also, in Europe the entitlement systems are failing, they will fail everywhere, they do not work. I remember practically the first thing I was taught on the first week of high school is that government pension schemes are basically just a fraud, it is pretty much the same with the other things--eventually the money will run out. Taxing people more will just make the mess even worse by removing peoples incentive to be productive and putting the money down the ***** toilet (ie putting it in very unproductive channels.)
Government schemes are just crazy (in the long term) and that taxes will not fix the problem, the only way to get back on track is slowly remove them. Paul's way of doing this is to simply allow people to opt out. I have heard this strategy working in other countries fine before. - bratpack8, on 10/10/2007, -0/+15One wonders how this country ever survived without an income tax before 1913? It's not taxes, it's the spending stupid!
- BossKey, on 10/10/2007, -0/+15How appropriate. Spain used to be the richest and most powerful nation on earth. When they started bringing gold home from South America, they went on a huge spending spree, and got hooked on the lifestyle, so they started borrowing more and more. From other countries. They started living well beyond what the gold would support. Eventually, Spain ended up essentially being owned (and pwned) by the countries they owed so much money to.
There is a lesson in there for today's #1 debtor nation. You might want to start learning Mandarin. - Frnnkdlxx, on 10/10/2007, -3/+18Actually, that's EXACTLY how it works. :
The Money Masters - How International Bankers Gained Control of Am...
3 hr 35 min - Mar 27, 2007 - No ratings yet (853 ratings)
the power to create the world's money..." THE MONEY MASTERS is a 3 1/2 hour non-fiction, historical documentary that traces the
http://video.google.com/videoplay?docid=-515319560256183936 - morchibby, on 10/10/2007, -2/+16Holy crap, according to the CIA factbook, as of 2006 the US is $ 862.3 TRILLION in debt. The next closest country is Spain at $98.6 Trillion
- yow1, on 10/10/2007, -4/+17So... one the one hand, we owe you all this money... on the other hand, we have all these guns.
- thecoolestguy, on 10/10/2007, -5/+18nothing's easy but at least tackle the problem rather than letting the nation go bankrupt. If you watched the video , you would see that rising healthcare costs is the number one problem for the long term federal budget, and Ron Paul more than anyone has advocated the federal government getting out of healthcare.
- thecoolestguy, on 10/10/2007, -7/+20Ron Paul has never voted for an unbalanced budget, so he's not going to cut taxes until spending levels have been reduced significantly to a level that the tax revenues can cover, so what you can expect with a Ron Paul administration is huge cuts to federal programs. It's pretty simple really hlgriggs, either pay a terrible price tomorrow, or take some big cuts and pay a price today to avert total economic collapse in the next generation.
- WaterDragon, on 10/10/2007, -0/+13The Comptroller is the person in a government, state or local, that is in charge of accounting for all the money.
- Emceay, on 10/10/2007, -1/+13That's quite a blanket statement, I'd bet more people than you're aware of smoke and still manage to vote while leading productive lives.
- Mortikhi, on 10/10/2007, -2/+14Because this is how America was until 1913!
/doIReallyNeedASarcasmTag? - NikoKun, on 10/10/2007, -2/+14Not being picky... but now that there is an ALL section in the front page... there is No more reason, to submit video's into the non-video news section.
Obviously this article was submitted before the change... But I hope this weird video submission thing, will end now...
Anyway, more on topic. Very good video, and the US REALLY needs to wake up. We are the MOST in debt country in the world right now... -_-
https://www.cia.gov/library/publications/the-world-factbook/rankorder/2187rank.html
*we're there, just scroll down... ALL the way down... -_-
Something has to be done, if we want to maintain our quality of life, and stay on par with the rest of the world... - kingsaliva, on 10/10/2007, -0/+11for the price of one ounce of gold, I can buy two pounds of silver and a Romanian AK + 1000 rounds.
-
Show 51 - 100 of 599 discussions
Digg is coming to a city (and computer) near you! Check out all the details on our 
© Digg Inc. 2009
— Content created and posted by Digg users is