Tuesday, February 16, 2010

Revolt426's words

http://forum.prisonplanet.com/index.php?topic=105934.360

Actually, Israel is an extension of the British Empire , Netanyahu's father was a British Intelligence asset (and so is he).

What you know as the "North American Empire" is merely a miltary arm of the British Empire (Which is the only real Empire that has existed since the 14th Century).

wow another naive individual who does not understand the crown created zionism about 40 years afted the muslim brotherhood and pinned them against eachother via the sykes picot agreement

-Revolt 426


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Quote from: aLLyOuRbAsE on June 16, 2009, 09:54:14 PM
ive read "road to serfdom", i thought it was a very honest book, there wasnt any ambiguity, in fact, before reading that book i was pretty much opposed to state provided welfare, but it now seems reasonable to me that a "safety net" be provided, so long as it was garunteed to everyone equally as individuals, and that it wasnt getting us into debt. i particularly found Hayeks comments on central planning to be very enlightening and i reccommend people read that book just to understand what central planning really is.

with regards to the argument about currencies that is dominating this thread now, i have no real dispute between either of the options presented, whether that be gold currency or fixed exchange rates, i think in both circumstances the practice of fractional reserve banking and usury in the creation of new money would not exist, so both would be a damn sight better than what weve got!

personally, i would like to see the use of competing currencies, where wealth was converted into currency directly, no middle man, with freedom of choice.


Of course i obviously agree, there has to be a form of saftey net for the very situation we are currently witnessing ( An incalculable Depresssion that will result in starvation and death if not addressed ). I would agree , it has to be reformed to prevent the massive abuse (Like illegal aliens not paying for it and getting the benefits anyway) , but to call medicaid/medicare "Socialism" is by definition a falsehood and is a big problem because calling a social net, "Socalism" or "Marxism" in this case narrows everyones views to the Preditory Capitalist System VS. the "Socialist" system when infact, you can of course have none of the above if you broaden your perspectives. I see the labeling of all Government activities as "Marxist Socialism" , which the mises website does in nearly all of their articles as a deadly threat to humanity.... which is why i attempt to highlight that "Marxist Socialism" is when the Government Seizes the Means of Production - not when the Government constitutionally provides for the General Welfare of the public. I know you understand this, so do not think i am attacking you here, i am merely highlighting it because i think it's very important.


In regards to both systems being the same, i'd certainly have to disagree with you there.... due to the fact that a fixed exchange rate system would allow the new currency to be pegged to current price levels to avoid the very deflation that an actual domestic gold coin barter standard would result in. That is the major issue here, an International Gold Standard can be pegged to current price levels, but a Domestic Gold Coin standard obviously cannot due to the impossibility of obtaining enough Gold to peg to current price levels..... In addition, a Domestic Gold Coin standard is the use of a commodity as Currency , which i've highlighted as not a "Storage Unit of Wealth" - but a means of exchange valued by a Nations net productive output per capita. So what you have here is using a volatile piece of metal (in the case of Gold) being used as a currency. This means gold mining drives currency levels as opposed to economic expansion - i believe doing this is a grave mistake and a also addressed this in my original post, as Mining for Gold really bears to resemblence to an actual economies expansion rate at all, while Infrastructure infact directly represents an economies expansion rate.

In regards to competeing currency (Specifically for private obligations) i'd also have to disagree , the reality of the situation is that this has indeed been attempted by none other than Andrew Jackson, and the result wiped out the perceived "Weaker" currency, and many families savings were wiped out along with it just because they held state issued notes and not gold convertable notes (Which later imploded the economy anyway)..... so i would also disagree that a competeing currency would help becuase the weaker currency would inevitably be dumped and wiped out. If there were a way to introduce competeing currency without this threat - i perhaps would not be opposed to it, but to my knowledge i simply cannot think of a way for a competeing currency to provide for the General Welfare Clause in any way shape or form.


-Revolt 426

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In our current situation the "Not matter what" phrase i used still stands. In my view, saving human lives during a Depression is far more important than deficit spending to "Balance the Budget" , as Mouslini said in his drive towards Corporatism, as Mayor Bloomberg and Arnold Schwarzeneggar parroted recently during economic hardships in regards to cutting public programs..... and as Obama is saying to "Cut Medicaid , Medicare" and now, Social Security - if however, we seized the insolvent banks rather then bailing them out and ended our occupation of numerous countries it is my sincere beleif it would not put us into debt, specifically with good monetary reform that increases the nations physical productive capabilities. The point of a social net is not only a moral one to provide health care (I'd suggest reforming and expanding medicare/medicaid) , but one that preserves the nations productive workforce from being wiped out, because without that workforce there is obviously no chance of a recovery.I'd also emphasize as Webster Tarpley did - no gutting of Social Security during a Depression. We are well aware 401k's/Pensions have been wiped out and with GM/Ford (Our last productive industry) going down this is going to drastically expand this problem.As you can see from the following, the powers that be are still to this day parroting the Mousilini "Balance the Budget" during economic hardship stuff, all the while completely dumping every cent of our GDP into bailing bankers out of a black hole......

-Revolt 426

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