Paulo1 wrote: We are harrased by the health authority mandating septic installation by contractors who engineer and gouge, because they hold the market captive. We put in our own and don't say anything.
When any system becomes weighted and unfair, the shadow world develops. It is a new version of farmers hiding their grain from the tax collectors.
I believe it is the same with international exchange. When the US dollar reserve status is onerous and unfair, countries look for alternatives.
onlooker wrote:OS you are defending a system which should not be defended. Just because people could not come up with something better is not a defense of this economic/political system. Your right from countries all the way down to individuals we are expected to comply and enforcement is merciless from individuals criminally prosecuted to countries embargoed-sanctioned and even invaded. You admit many people are dishonest. So you rather be a pawn of the corrupt and unequal scheme that is this system which benefits a few to the detriment of the many. You I am gathering had the luck to fall some where in between as a middle class member of a rich country so your spared the more egregious aspects of this system like having to migrate in dangerous conditions just to survive or lacking in enough food, or lacking in healthcare and sanitation or immersed in some violent conflict with your neighbors or the government or living in a crime infested neighborhood. The strong prey on the weak that is emblematic of this capitalist system. It is a form of corruption. So Congratulations on your good fortune. But please do not defend the defenseless.
Outcast_Searcher wrote:onlooker wrote:OS you are defending a system which should not be defended. Just because people could not come up with something better is not a defense of this economic/political system. Your right from countries all the way down to individuals we are expected to comply and enforcement is merciless from individuals criminally prosecuted to countries embargoed-sanctioned and even invaded. You admit many people are dishonest. So you rather be a pawn of the corrupt and unequal scheme that is this system which benefits a few to the detriment of the many. You I am gathering had the luck to fall some where in between as a middle class member of a rich country so your spared the more egregious aspects of this system like having to migrate in dangerous conditions just to survive or lacking in enough food, or lacking in healthcare and sanitation or immersed in some violent conflict with your neighbors or the government or living in a crime infested neighborhood. The strong prey on the weak that is emblematic of this capitalist system. It is a form of corruption. So Congratulations on your good fortune. But please do not defend the defenseless.
Do you actually have anything more constructive to say than "I hate the system"? Like actual workable alternatives? If you don't, yammering away at how egregious you find things doesn't mean much.
And your earlier comments about how reasonable Greece and Venezuala citizenry and all their wants are pretty much speaks for itself. If only the world were magical and something for nothing were a workable system, your mode of thinking would be sheer genius. Sadly, we don't live in that world. And by the way, you can't magically make the world a great place by endless redistribution of wealth in whatever manner you feel is "fair".
pstarr wrote:Davep, you can not have money without debt. All money is fundamentally an IOU, a promise for future work. We can control money for the public good. That takes a free people which apparently the banksters can not stand.
“Radical bank reform is mostly endorsed by academics, commentators and crackpots. So it is certainly worth taking note when a senior person in a real government calls for a top-to-bottom makeover of banks and the monetary system…Still, the Sigurjonsson plan is a plausible blueprint for better banking and Iceland is a good place to start. The population may be embittered enough to try something new and the established global powers of banking would probably tolerate an experiment in this miniature economy.”
...But they might regret it. The bankers’ lucrative money-creating power could be threatened by a monetary revolution which started in Reykjavík
pstarr wrote:Davep, you can not have money without debt. All money is fundamentally an IOU, a promise for future work. We can control money for the public good. That takes a free people which apparently the banksters can not stand.
Hawkcreek wrote:Looks to me like redistribution of wealth has been going on a long time - wealth going from the powerless to the ones that make the rules. That is how we end up with a system described by Paulo1 above.
Our whole society is based on giving half, or more of our work or wealth, to the kings above us.
It would not be hard to come up with an equitable system, but that means that the present giveaways to the rich would be stopped. That will never happen without force being applied.
One good start would be to make sure that everyone - including all corporate persons, pays the same percentage in taxes AND fees. If a rich person had to pay the same percentage of their income that a poor person did just to gain entry to one of the king's forests (state or national parks anyone), the fees would be reconsidered, in my opinion. Same for septic system, building permits, state supported education, etc..
Right now anyone with a brain can see that our tax and fee system is NOT equitable.
pstarr wrote:careinke wrote:pstarr wrote:Davep, you can not have money without debt. All money is fundamentally an IOU, a promise for future work. We can control money for the public good. That takes a free people which apparently the banksters can not stand.
Of course you can have money without debt. You just can't have government/banker control of money without debt.
So you are a gold bug? I'd prefer to be a compost bug lol
Davep, I looked at the proposal. The banks would administer the payments function, and act as intermediary (middleman) between savers and
borrowers. But the government would create money. So money creation is taken out of capital flow and away from the market place. Doesn't seem doable. I'll try to read more
pstarr wrote:Outcaste, when financial obligations are corrupt they must be mediated. The EU is once again repeating the mistake of onerous reparations. only this time it is Germany imposing them on Greece and soon Italy, Spain, and the rest. It is stupid and cruel and does not help the people. Cuba and Iran have been embargoed-sanctioned and even invaded for conflicts that happened generations ago. Is it fair to punish children for the sins of their fathers? We hate Cuba because Americans assets were seized in the 60's revolution, yet we give the thieves who corrupted the country a pass. Same with Iran, we hate Iran but not the oil thieves who murdered Mossadeq a half century ago. Do we hate the Greeks because their government accepted corrupt debt?
The Greek people were prayed upon by the Euro-banksters, rotten financial controls, onerous debt, and plain bad luck ($147 oil). It is not that all dissimilar to what happened in the US. Obligation were imposed on the American people by the mortgage lenders, those mortgages were intentionally impossible to understand, rating agencies that were asleep at the wheel, banksters and their handmaidens in the Fed. People have the right to revolt and it just might happen in Greece and the rest of Southern Europe. But never America, we are owned by the rich..
All the PIGGS, including Portugal, Ireland, Greece, Great Britain, and Spain were particularly devastated by $147 oil back in 2008. So was the US.) The Germans are acting like jerks, like the French did after WWI. You can not expect onerous reparations to be taken lightly.
Oh, and you don't need to have a precious-metals based currency. Fiat currency is fine so long as its creation is debt-free
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