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#Post#: 66--------------------------------------------------
Money
By: AGelbert Date: October 15, 2013, 5:34 pm
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Speaking of the inability of our lawmakers to negotiate, and
keep our country from becoming the largest default in history,
taking that title from Nazi controlled Germany (another thing
we resemble Nazi Germany in :P) . Well, the Chinese are not
sitting quietly by, watching all of this unfold.
The official state-run Chinese news agency, Xinhua, ran an
editorial on Sunday titled: "A de-Americanized world". Here's a
snippet, and the link to the whole story (in English). "As U.S.
politicians of both political parties are still shuffling back
and forth between the White House and Capitol Hill without
striking a viable deal to bring normality to the body politic
they brag about, it is perhaps a good time for the befuddled
world to start considering building a de-Americanized world."
;D
[font=times new roman]U.S. fiscal failure warrants a
de-Americanized world[/font]
Xinhua writer Liu Chang
BEIJING, Oct. 13 (Xinhua) -- As U.S. politicians of both
political parties are still shuffling back and forth between the
White House and the Capitol Hill without striking a viable deal
to bring normality to the body politic they brag about, it is
perhaps a good time for the befuddled world to start considering
building a de-Americanized world.
Emerging from the bloodshed of the Second World War as the
world's most powerful nation, the United States has since then
been trying to build a global empire by imposing a postwar world
order, fueling recovery in Europe, and encouraging regime-change
in nations that it deems hardly Washington-friendly.
With its seemingly unrivaled economic and military might, the
United States has declared that it has vital national interests
to protect in nearly every corner of the globe, and been
habituated to meddling in the business of other countries and
regions far away from its shores.
Meanwhile, the U.S. government has gone to all lengths to appear
before the world as the one that claims the moral high ground,
[img width=140
height=080]
HTML http://www.opednews.com/populum/uploaded/wemeantwell-23439-20130307-234.jpg[/img]<br
/>yet covertly doing things that are as audacious as torturing
prisoners of war, slaying civilians in drone attacks, and spying
on world leaders.
HTML http://www.pic4ever.com/images/pirates5B15D_th.gif
Under what is known as the Pax-Americana, we fail to see a world
where the United States is helping to defuse violence and
conflicts, reduce poor and displaced population, and bring about
real, lasting peace.
Moreover, instead of honoring its duties as a responsible
leading power, a self-serving Washington has abused its
superpower status and introduced even more chaos into the world
by shifting financial risks overseas, instigating regional
tensions amid territorial disputes, and fighting unwarranted
wars under the cover of outright lies.
As a result, the world is still crawling its way out of an
economic disaster thanks to the voracious Wall Street elites,
while bombings and killings have become virtually daily routines
in Iraq years after Washington claimed it has liberated its
people from tyrannical rule.
Most recently, the cyclical stagnation in Washington for a
viable bipartisan solution over a federal budget and an approval
for raising debt ceiling has again left many nations' tremendous
dollar assets in jeopardy and the international community highly
agonized.
HTML http://www.pic4ever.com/images/www_MyEmoticons_com__smokelots.gif
Such alarming days when the destinies of others are in the hands
of a hypocritical nation have to be terminated, and a new world
order should be put in place, according to which all nations,
big or small, poor or rich, can have their key interests
respected and protected on an equal footing.
To that end, several corner stones should be laid to underpin a
de-Americanized world.
For starters, all nations need to hew to the basic principles of
the international law, including respect for sovereignty, and
keeping hands off domestic affairs of others.
Furthermore, the authority of the United Nations in handling
global hotspot issues has to be recognized. That means no one
has the right to wage any form of military action against others
without a UN mandate.
Apart from that, the world's financial system also has to
embrace some substantial reforms.
The developing and emerging market economies need to have more
say in major international financial institutions including the
World Bank and the International Monetary Fund, so that they
could better reflect the transformations of the global economic
and political landscape.
What may also be included as a key part of an effective reform
is the introduction of a new international reserve currency that
is to be created to replace the dominant U.S. dollar, :o so
that the international community could permanently stay away
from the spillover of the intensifying domestic political
turmoil in the United States.
Of course, the purpose of promoting these changes is not to
completely toss the United States aside, ;D which is also
impossible. ;D Rather, it is to encourage Washington to play a
much more constructive role in addressing global affairs.
And among all options, it is suggested that the beltway
politicians first begin with ending the pernicious impasse. ;)
HTML http://news.xinhuanet.com/english/indepth/2013-10/13/c_132794246.htm
HTML http://news.xinhuanet.com/english/indepth/2013-10/13/c_132794246.htm
Oh, those oh so subtle Chinese. ;D
#Post#: 67--------------------------------------------------
Re: Money
By: AGelbert Date: October 15, 2013, 7:21 pm
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[img width=640
height=580]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-151013201429.png[/img]
HTML http://www.sanders.senate.gov/polls/debt-ceiling?utm_source=target&utm_medium=email&utm_content=Should+Social+Security+should+be+cut+back+to+reduce+the+deficit+prompt_url&utm_campaign=Target:+Social+Security+COLA+10-16
#Post#: 461--------------------------------------------------
Re: Money
By: AGelbert Date: November 27, 2013, 1:58 pm
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Last Edit: May 04, 2017, 05:24:36 pm
[center][img
width=640]
HTML https://wampumtrail.files.wordpress.com/2014/05/p1060670.jpg[/img][/center]
[quote]Wampum, ke`kwuk, squau-tho-won; all are Algonquian words
for shell beads or string of shell beads. Wampumpeage is a
Narragansett word for "white beads strung". Throughout
northeastern America, wampum was used for jewelry, gifts,
communication, historical record of important events, religious
ceremonies, and trade. It was the earliest form of currency
known in North America. Its value was derived from the
difficulty involved in producing the cylindrical bead from both
Quahog and Whelk, and the scarcity of suitable shells. White
beads were made from Whelk, purple-blackish from Quahog.
The beads were produced from the inner spiral of the shells. The
spiral or column must be thick enough to withstand grinding,
shaping and drilling. The shells were collected along the
coastal shores during the summer, and worked in the winter
months. The inner spirals were cut into cylinders measuring 1/4
inch long by 1/8 inch diameter. Each bead was then smoothed
through grinding, polished, drilled, and finally strung on hemp
fibers or sinew. It was difficult, tedious, and time consuming
work. The proportionate scarcity of the Quahog dark beads
doubled their value to that of white wampum. [/quote]
HTML http://www.mohicanpress.com/mo08017.html
HTML http://www.mohicanpress.com/mo08017.html
She sells seashells by the seashore. If she sells seashells by
the seashore, how many seashore shells does she sell? This old
tongue twisting pronunciation trainer underscores step one in
the manufacture of Wampum. You needed a supply of a certain,
special and very attractive type of Calcium Carbonate, which was
limited in quantities, to begin to do WORK=ENERGY INPUT plus
some ARTISTIC CREATIVITY on the seashells in order to produce a
CURRENCY that was BOTH a medium of exchange AND a store of
value.
[center][img
width=640]
HTML http://upload.wikimedia.org/wikipedia/commons/thumb/8/8e/Wampum_ej_perry.jpg/300px-Wampum_ej_perry.jpg[/img][/center]
[center]Wampum[/center]
In a barter economy, the transfer of goods and services from one
party to another is hindered by the lack of liquidity of say, an
animal, a bear skin or whatever. The lack of a medium of
exchange that can be subdivided into small enough units for both
parties to make up perceived different values in a barter
transaction is the need that fosters the creation of "money" in
the first place.
Wampum was initially a form of artistic expression as well as a
form of communication (it was a store of value as jewelry and
venerable truth through news and agreements).
However, as the quantity gradually increased and most natives
agreed more or less on its value, wampum began providing the
liquidity that a barter economy could not.
Consequently the Native Americans along the eastern area of
North Amerca gradually adopted wampum as a currency in addition
to valuing its beauty (jewelry = bling). The Natives that lived
along the beach had an edge on those inland because of easy
access to the raw materials.
[center][img
width=640]
HTML http://wordsmith.org/words/images/wampum_large.jpg[/img][/center]
[center]Wampum beads Photo: Stephen Lang (Source: AINS/NMAI)
[/center]
[quote]With the influx of more Europeans in the 17th century,
notably the Dutch and English, metal tools became widely
available to Indians in the east.
Among these tools were slender metal drills which greatly
facilitated the production of wampum. These new tools enabled
the Indians to produce uniform beads more quickly and with
greater ease.
Applying basic economic principles to wampum as a
commodity/currency in the 17th century, it might be assumed that
wampum decreased in value as its production was sped up.
On the contrary, its value remained stable.
Again applying the basic economic rule of supply and demand,
though the Europeans brought tools that helped to increase
wampum production, they also balanced their contribution with an
increased demand for the shell beads.[/quote]
HTML http://www.mohicanpress.com/mo08017.html
HTML http://www.mohicanpress.com/mo08017.html
Wampum is pretty and, until the Europeans showed up with metal
hand tools, a good store of wealth because the amount of
energy=work it took to make it as well as the amount of shells
available limited the amount of wampum in circulation.
But those metal thingamajigs the white devils brought made it
EASY (LESS TIME & ENERGY=WORK) to make lots of pretty wampum
(metal hand drills). This new wampum looked just as good or
better than the older stuff made with less sophisticated
(non-metal) tools.
At first everybody prospered. There was more wampum, and
contrary to standard economic theory that when you increase the
currency in circulation, you get inflation, this did not happen
right away. Everybody, including the white devils [img width=30
height=40]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-141113185047.png[/img],<br
/>were happy with the wampum economy.
But time passed and things [i]changed.[/i]
[quote]As the New England colonists adopted wampum as their
standard currency, incidents of fraud (wampum counterfeit)
increased.
Both Indian and Englishman were known to pass off inferior or
fraudulent wampum to unsuspecting colonials.
In time, regulation and a standardized measure of wampum strands
was implemented. A fathom (6 feet) was the most usual
measurement and instantly denoted a specific monetary value
measured against English shillings, pence, pounds, and so forth.
The fact that legislation was introduced, regulations regarding
wampum manufacture were set down, penalties for counterfeit or
inferior quality wampum trading were harsh, and in some colonies
the rejection of dark wampum for only white (though its value
was greater, it was easier to counterfeit by way of dye), all
illustrate how dependent the colonists and Indians were on these
shell beads.
There was some fluctuation in wampum's value, as is always the
case with currency, but by and large, it remained uniformly
acceptable and desirable to nearly the end of the 17th century
in the colonies and into the 18th century along the frontiers.
Its worth, however, was tenable. Wampum was only good as long as
the Indians prized it. If or when that was no longer the case,
an economic crash could occur throughout the English colonies
that would have had serious consequences in New England, and
subsequently, in the mother country as well.
It was this realization, along with the declining demand for
fur, that moved the New Englanders to gradually phase out wampum
as a currency standard. With silver from the West Indies
beginning to circulate in North America, wampum was slowly being
replaced by that universally valued commodity, metal coinage.
[/quote]
HTML http://www.mohicanpress.com/mo08017.html
HTML http://www.mohicanpress.com/mo08017.html
Two things happened:
1) The colonists, who had hitherto absorbed the wampum glut by
their demand for the beads, lost interest in wampum partly
because they didn't require as many furs (wampum was the
currency the colonists used to buy pelts). Wampum lost value as
a medium of exchange as the increase in available currency took
its toll.
Counterfeiting exacerbated the problem of undermining the medium
of exchange value of the currency. A given piece of wampum lost
purchasing power because of wampum glut AND a competing currency
of coinage.
2) The artistic value part of wampum as a store of wealth
suffered as well. Any philatelist can tell you that old stamps
get their "value", not from a pretty painting on the stamp, but
MAINLY from their scarcity.
This was depressing. Imagine all those hours spent painstakingly
making wampum and that neighboring squaw that is all thumbs can
suddenly make several times as much as you can just because she
has a white devil metal thingamajig to goose production! And now
the white devils don't want them as much as they used to either.
:P :(
But as you can see below, despite its disappearance as a
currency, wampum survives to this day as a product of patient
craftsmanship, artistry and historical communication.
[quote]It is interesting, if not ironic, to note that wampum
remains valuable even today. A single wampum bead made from
Quahog or Whelk, manufactured in New England coastal areas can
cost up to $10! Overseas wampum is less expensive, but still
demands a good price. Wampum, the first currency of the new
world, has survived as a desired item long enough to be
considered a classic. [/quote]
But it would never regain its position as a medium of
exchange/currency.
[center][img
width=640]
HTML https://pbs.twimg.com/media/Bm_vkWbCUAAaoZw.jpg[/img][/center]
[center]Two Row Wampum Treaty from Elder, Yvonne
Thomas.pic.twitter.com/EtjkqHsG9o The patient artistry and
symbolism crafted in this wampum is an example of how wampum is
a store of value. [/center]
[quote]Celebrating 400 Years of the Two Row Wampum
Vanessa Parker
May 25, 2013
In an effort to maintain a separate and peaceful coexistence, an
agreement was made 400 years ago between a group of
Haudenosaunee nations and the incoming European settlers who
were rapidly arriving. That agreement remains valid today.
The Two Row Wampum was made with strings of wampum, or crushed
shells, which were made into purple and white beads threaded
onto strings, forming a belt.
]The white beads, located outside of two large purple rows of
beads, represent the truth.
The purple beads are separated into two rows, one representing
the canoe of the Haudenosaunee, the other representing the
sailboat of the incoming Europeans.
Each row represents the separate cultures, traditions,
governments and religions.
In between the purple rows run three rows of white beads. These
represent peace, friendship and maintaining a sense of equality
forever.[/quote]
full article here:
HTML http://indiancountrytodaymedianetwork.com/2013/05/25/celebrating-400-years-two-row-wampum-149469
HTML http://indiancountrytodaymedianetwork.com/2013/05/25/celebrating-400-years-two-row-wampum-149469
[b]What lessons can we take from the above Native American
experience?
1) Money is created in order to ease the transfer of goods and
services. This medium of exchange normally has the following
qualities:
A. Liquidity
B. Durability
C. Portability
D. Agreed upon value per unit
2) The ENERGY it takes to create said money is directly
proportional to a unit of said money as a store of value.
The extreme situation, never reached by wampum because it always
took SOME skill and energy to make, is FIAT currency where it
has ZERO value as a store of wealth.
The case of the US dollar is BELOW ZERO as a store of wealth
because, in addition to it being fiat, the supply is growing
absent any energy input whatsoever. So the dollar loses value as
it sits from Fed inflation (counterfeiting). Legal Tender Laws
force the citizenry to run around trying to preserve some value
in a currency that shrinks in value year after year. Many of
these value chasers go for PMs, paintings, land, antique cars,
Early American antique furniture, etc. They are all looking for
something that meets the criteria of liquidity, durability,
portability and agreed upon value per unit to a greater or
lesser degree.
3) Beyond the basic biochemical needs of proper nutrition,
shelter and health, human culture places a great deal of value
on tangibles and intangibles outside the default requirements of
human life.
Humans will always value creativity and imaginative and useful
innovations that bring beauty, comfort and utility to our lives
as STORES OF VALUE.
What price can you place on a song? What value does a set of
verses have that took a song writer 5 minutes to write after he
had dreamed them versus a painstakingly written flute sonata?
Hard to say, right? One took a lot less ENERGY than the other,
both in KWhs and artistic creativity, but may have sold for a
lot more money.
[center]
What about greed and other economy influencing factors?
???[/center]
The issue of greed, hoarding, the amount of currency in
circulation as a trigger for consumerism or the reverse are all
PRODUCTS of distortions in an economy.
Most economists espouse the view that currency does not simply
encourage certain types of behavior deleterious to an economy,
but DICTATES IT.
I don't feel that way because I view money as an EFFECT, not a
CAUSE. I do agree that the money supply certainly must remain in
a fairly constant proportion per capita to avoid distortions.
Food will never be currency simply because, even if you could
freeze dry it with solar energy and store it also with solar
energy for a hundred years or so to use it as you needed it,
there is only so much food you or anybody else can eat.
People want furniture, tools, culture, beauty, some
entertainment, etc. A prisoner in solitary confinement goes
bonkers even though he has sufficient food, shelter and health
care.
Life is MUCH more than food, shelter and health.
Those who disdain precious metals as a store of wealth feel
that, since gold hoarders can't eat their gold, it therefore has
no intrinsic value. However, as all gold bugs have noticed, gold
has the following "money-like" attributes:
A. Liquidity
B. Durability
C. Portability
D. Agreed upon value per unit
Gold bugs observe, rightfully, that the US dollar retains the
above attributes by the big gun the government has called Legal
Tender Laws, not by reality. This amounts to a government
distortion of the value of the currency to for the benefit of
the owners of the Federal Reserve Banking Cartel and the
detriment (i.e. impoverishment) of the average American citizen.
Consequently they take any excess dollars in their possession
and quickly convert them something besides dollars because the
value of said dollars, like wampum (eventually,) after the metal
hand drills were introduced by the white devils, is going down.
Gold bugs watch the Fed money supply going exponential in direct
proportion to the galloping inflation the government refuses to
own up to. [img
width=30]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-120716190938.png[/img]
This is far worse than wampum inflation because this is raw
counterfeiting of fiat! People aware of this start to buy this,
that and the other with those magically shrinking dollars from
collector's items like stamps to maybe antique furniture to
paintings to rare coins to, you guessed it, gold!
Gold is hard to counterfeit. There is a way to use nuclear
physics (this is not a joke, it's the real deal!) to transmute
some cheap element to gold but the energy expenditure is greater
than the energy needed to mine and produced finished gold from
ore. However, when fusion becomes a reality, the equation for
gold may change and, it too, will go the way of wampum. Don't
worry gold bugs, it may be a while yet.*
The Federal Reserve Banking Cartel realizes there are a lot
people out there on to their game so they start manipulating
the precious metals paper prices (tanking them) to drive the
gold bugs back to the Fed fiat fantasy of a strong dollar.
I observed this blatant and economically disastrous distotion of
currency value and, after thinking about it a while, came to the
conclusion that we need something like wampum but without those
hand drills or the counterfeiting dye! [img width=40
height=40]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-051113192052.png[/img]<br
/>My wonderful and innovative Kilowatt Hour Monetary Standard i
s,
horror of horrors, greeted with hardy harrs and guffaws from
the gnomes of the Federal Reserve. 🎩🍌 Harrumph!
ANY currency that is not BOTH a medium of exchange and a store
of value will be corrupted, distorted, counterfeited and
generally devalued, PERIOD.
The "tokens" or other symbols used for such currency obviously
introduces DEBT because there might be a whole lot more symbols,
tokens or pieces of paper with funny squiggles on them than the
ACTUAL store of value represented. THAT'S JUST A DETAIL. If you
can avoid corruption and insure transparency, that can be
minimized.
The "fear" that hoarders are going to trash the economy by
taking money out of circulation is unfounded. That's merely an
EFFECT of capitalism. It has nothing to do with the concept of
money per se.
This EFFECT is really quite easy to prevent. All you have to do
is progressively tax wealth (NOT INCOME!) above X net worth to
keep a lid on excess capital accumulation. Thomas Jefferson was
in favor of that, as a matter of fact (google it!).
Once everyone is on board with a stable currency like Kilowatt
Hour Equivalents, I would also eliminate the difference between
earned and unearned income (capital gains) and progressively tax
that too. That appropriate and fair tax structure would serve as
an additional DETERRENT hoard and a guarantee that the velocity
of money will remain fairly constant.
Have a nice day.
* [quote]Nuclear experiments have successfully transmuted lead
into gold, but the expense far exceeds any gain.[7] It would be
easier to convert gold into lead via neutron capture and beta
decay by leaving gold in a nuclear reactor for a long period of
time. [img
width=30]
HTML http://www.emofaces.com/en/emoticons/n/nuclear-emoticon.gif[/img]<br
/> :P[/quote]
HTML http://en.wikipedia.org/wiki/Nuclear_transmutation
#Post#: 695--------------------------------------------------
Re: Money
By: AGelbert Date: January 13, 2014, 6:10 pm
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[quote]That the Fed is a key player in Iran sanctions
implementation is certainly no secret.
The Fed has been an equal partner in levying hundreds of
millions in fines against foreign banks such as R.B.S, Barclays,
Standard and Chartered and H.S.B.C. which were charged with
violating the Iran sanctions regime.
Although AIPAC never mentions it, American exporters have been
seriously hurt by sanctions on Iran and the punitive secondary
boycott. A coalition representing the US Chamber of Commerce,
the Business Roundtable, Coalition for American Trade, the
National Foreign Trade Council and others urged Congress not to
enact sanctions provisions they estimated would cost $25
billion and 210,000 American jobs. (PDF)
Keeping such a costly regime in place despite thawing relations
and any hard evidence of an Iranian nuclear weaponization
program has therefore required immense ongoing efforts by Israel
lobbying
groups.
HTML http://www.smilies.4-user.de/include/Spiele/smilie_game_017.gif<br
/> [/quote]
[img
width=640]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-120114191639.png[/img]
[quote] Fischer may also want to launch "exercises" to prepare
the U.S. financial system for the fallout of Israeli military
attacks on Iran. :P :o
New bills in Congress drafted by AIPAC call not only for
additional sanctions aimed at thwarting a fledgling deal on
Iran's nuclear program (favored 2-to-1 by Americans). AIPAC's
bill forces the U.S. to "have Israel's back" in the event of a
unilateral Israeli strike.
If Israel has already decided to attack Iran, it would benefit
immensely from having Fischer inside the Fed, protecting the
financial flows Israel now regards as all but a birthright from
its primary global underwriter.
Less well-known is the Fed's authority to authorize foreign bank
acquisitions.
Any future Israeli campaign to further entwine its banks into
the U.S. financial system through acquisitions would likely find
a much more welcoming regulator in Fischer.[/quote]
HTML http://www.irmep.org/fischer_aipac.htm
#Post#: 831--------------------------------------------------
Re: Money
By: AGelbert Date: February 28, 2014, 2:44 pm
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HTML http://www.youtube.com/watch?v=2K-8FJ114kU&feature=player_embedded
The iron curtain of the Supreme Court was breached on Wednesday.
Activists from the group 99Rise entered the Supreme Court
chamber. After videoing the session where the justice can be
clearly seen, one of the activists stood up. He said the
following before he was accosted by the Supreme Court security
detail.
[move]“I rise on behalf of the vast majority of the American
people who believe that money is not speech, corporations are
not people, and our democracy should not be for sale to the
highest bidder. Overturn Citizens United. Keep the cap on
McCutcheon. The people demand democracy.” [b] According to
99Rise9
HTML http://www.pic4ever.com/images/301.gifhttp://www.pic4ever.com/images/19.gif[/move]
FOR IMMEDIATE RELEASE: February 26, 2014
Washington, DC - Activists from the grassroots group 99Rise,
entered the Supreme Court of the United States chambers today,
disrupted the proceedings, and demanded the restoration of
democracy in America.
"Generations of Americans have shed blood, sweat, and tears to
win the right to vote and extend the promise of democracy in
America,” said Kai Newkirk, co-founder of 99 Rise and a
participant in today's action, “It's time for our generation to
step up and do whatever it takes to defend that right and end
the corruption of big money in politics. If that means risking
arrest in order to speak truth to power, so be it."
The participants were inspired to act in response to the recent
decisions of the Supreme Court in Citizens United v. FEC, which
demolished the wall of separation between wealth and state, and
the threat that the Supreme Court would make it even worse in
McCutcheon v. FEC, which would remove the cap on aggregate
candidate contributions.
"The Supreme Court's Citizens United decision was a betrayal of
the American people and of our democracy. It took the systemic
corruption of our government by big money interests to an
obscene new level. If the Court eliminates the cap on aggregate
donations by an individual in an election cycle - the question
at hand in the McCutcheon case - it would put another round of
shots into the dying body of our democracy."
>:(
[b]
The group is calling for a restoration of free and fair
elections in America, an end to the corruption in our politics,
and the restoration of representative democracy in America.
Using nonviolent direct action and civil disobedience, such as
was used in the Civil Rights Movement, they have been drawing
attention to this issue with actions from coast to coast.
HTML http://www.pic4ever.com/images/47b20s0.gif
At today's action, Newkirk made this speech during the
proceedings: “I rise on behalf of the vast majority of the
American people who believe money is not speech, corporations
are not people, and government should not be for sale to the
highest bidder. We demand that you overturn Citizens United,
keep the cap inMcCutcheon, and an end to corruption. We demand
free and fair elections and a real democracy now.”
HTML http://www.pic4ever.com/images/301.gif<br
/>
HTML http://www.pic4ever.com/images/19.gif
99Rise.org is a grassroots organization fighting to end
corruption and win real democracy through nonviolent resistance.
For more information, including pictures of previous actions,
please visit 99Rise.org.
HTML http://www.dailykos.com/story/2014/02/27/1281027/-Watch-heckler-inside-Supreme-Court-shout-money-is-not-speech
[move]Agelbert NOTE: I will be checking out 99Rise.org. It
sounds like a GREAT ORGANIZATION! ;D[/move]
#Post#: 1201--------------------------------------------------
Re: Money
By: AGelbert Date: May 24, 2014, 3:25 pm
---------------------------------------------------------
How Much US Debt Does China Own?
The US national debt is more than $17 trillion US Dollars (USD),
or roughly equal to the country’s gross domestic product (GDP),
and China owns about 7.6% of it, or more than $1.2 trillion USD.
China is the largest overseas creditor of the US. Japan is the
next-largest overseas creditor, and it owns about $1.1 trillion
USD of the US national debt. More than one-fourth of the US debt
is actually owed to its own federal government, such as the
Social Security trust funds and the Federal Reserve.
More about the US national debt:
•The US was created with a national debt; a 1790 analysis
estimated that the new country had a debt of $75 million USD, or
about 30% of its GDP.
•As of 2014, Andrew Jackson is the only US president to get the
US national debt completely paid off during his presidency — the
country was debt-free from 1835 to 1836.
•The US national debt has not been below $1 billion USD since
1866.
HTML http://www.wisegeek.com/how-much-us-debt-does-china-own.htm
[move][font=courier]
Agelbert NOTE: There you have it - PROOF that what WE saved in
Social Security has been pilfered away by the lying, thieving
crooks in our government for corporate war and fossil fuel
profiteering. Big Oil OWES US that money!
HTML http://www.pic4ever.com/images/301.gif
[/font][/move]
#Post#: 1372--------------------------------------------------
Re: Money
By: AGelbert Date: June 14, 2014, 6:38 pm
---------------------------------------------------------
Daily Kos member
Thu Jun 12, 2014 at 07:33 PM PDT.
Study: 10,000 Great Recession Suicides Due To Austerity
[img]
HTML http://endtimesprophecyreport.files.wordpress.com/2013/06/suicide-or-murder-1.jpg?w=406[/img]
by
Reinvented Daddy
Like we didn't already know this: >:(
(Al Jeezera)Researchers at the University of Oxford and the
London School of Hygiene & Tropical Medicine have suggested that
more than 10,000 suicides in Europe and North America can be
linked to the severe economic downturn brought on by the 2008
financial crisis.
The study, published in the British Journal of Psychiatry, adds
to a growing body of evidence that suggests that economic
downturns have serious but somewhat predictable mental health
consequences, and that with the right kind of intervention, the
mental impact of recession can be reduced.
This is about as prestigious a study panel as you could put
together and their findings are borne out with five years of
hindsight. This economic collapse was brought on by a
combination of financial deregulation and unnecessary deficit
spending brought on by tax cuts for the rich and the Iraq War.
Millions of victims have seen their jobs lost, wages shrunk and
homes lost but the greatest price was paid by those who couldn't
take any more pain from this class war and chose to give up the
ghost.
I emphasis that last line: "... with the right kind of
intervention, the mental impact of recession can be reduced"
That is a direct indictment of the Austerians on both continents
who have, and continue to, chosen to fight this depression with
spending cuts that are paid by the poor, down and out,
unemployed and underemployed who saw their savings crushed and
their lives ruined. Every time long term unemployment
insurance is blocked by the
Right, each time food stamp recipients are demonized, lives are
lost.
In the U.S., the suicide rate increased by 4.8 percent between
2007 and 2010. Canada saw a similar increase. In the EU, where
the suicide rate had been steadily decreasing until the
recession, it jumped from the pre-recession rate of about 10
suicides per 10,000 people by about 6.5 percent at the start of
the downturn and remained at the higher rate through 2011.
...
In Sweden, Finland and Austria for example — where government
assistance for the unemployed and clinically depressed is more
readily available than elsewhere — the suicide rate remained
consistent or saw small reductions despite the economic
downturn.
It is not a moral paradox.
[i]
Conservatives are killing people without conscience. The
"Pro-Life" Party has blood on it's hands it can never wash off.
[/I]
HTML http://www.dailykos.com/story/2014/06/12/1306476/-Study-10-000-Great-Recession-Suicides-Due-To-Austerity
#Post#: 1463--------------------------------------------------
Re: Money
By: AGelbert Date: June 27, 2014, 10:45 pm
---------------------------------------------------------
[img width=640
height=480]
HTML http://www.createaforum.com/gallery/renewablerevolution/3-270614234137.png[/img]
HTML http://www.youtube.com/watch?v=5fbvquHSPJU&feature=player_embedded<br
/>
#Post#: 1670--------------------------------------------------
Re: Money
By: AGelbert Date: August 6, 2014, 9:04 pm
---------------------------------------------------------
Watch this one minute clip to learn how Capitalism has FAILED to
accumulate and protect the most important Capital, thereby
making so called modern "Capitalism" a monstrous system that
actually SHRINKS, DEGRADES and DESTROYS Capital!
HTML http://www.createaforum.com/gallery/renewablerevolution/3-200714183404.bmp
HTML http://viewrz.com/video/real-money
#Post#: 2086--------------------------------------------------
Re: Money
By: AGelbert Date: October 24, 2014, 2:47 pm
---------------------------------------------------------
[center]Dollar Rally Into October Upends Earnings From 3M to IBM
[/center]
By Matt Townsend and Andrea Wong Oct 24, 2014
HTML http://www.bloomberg.com/news/2014-10-23/dollar-rally-into-october-upends-earnings-from-3m-to-ibm.html
[color=purple][size=12pt][i][b]
Agelbert NOTE: More proof that Homo SAPdom is dumber than a
wedge.
OR just INSANE.
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