Concentrated power and sacrificing financial freedom for so called security, always ends in a disaster. Learn to create your own credit, lend it to yourself, make the payments to yourself, to gain your own financial freedom. What we all need to do is make the economic pie bigger by sharing the economic pie in a more equitable way. Several times you have talked about "creating your own credit".I don't recall reading how this can be done.It's like saying,you have a problem,fix it.The system that exists works for me.Yes I feel I've been gouged when I was paying over 20% on a mortgage back in the 90's but it was still worth paying the ransom.The fact that someone else is profiteering from my risk taking, whilst annoying, is still a necessary part of the equation.We are still both winners.Without borrowing I am not aware of any better way of acquiring a share of the pie. I know what you mean. My problem of spelling how creating your own credit can be done is my life. Funny how truth on this site, one can loose posting privileges, and printing the truth on what I am going to call the Wall Street owned press is your life. It is not in my interest to end up dead like Kennedy for the very same reason. I have done this before and I got my head pounded on the blacktop road. The future is limited when you're dead. There is no bear in heaven that is why we drink it here. I was hoping here that some people reading my posts could figure it out, without me having to spell it out. I just have to figure out an easier way for people to figure it out. I understand that some people just can't get the nut on the screw. Thank you for your condescending response.Having checked your profile it is obvious you haven't worked out the process yet.Perhaps that pounding on the blacktop is still affecting your thought processing.The future is not limited when you are dead,there is no future in conventional terms.Comparing yourself to Kennedy is delusional.As for your criticism of Soros the facts are that he used the current system to outmanoeuvre the markets.One may not agree with his politics but he has used his power and money to promote what he believes in.The man has donated around 30 billion to Open Society Foundations,whose stated aims are to promote justice,education,health and independent media. condescending response -- I don't see it as an condescending response. To me, it is just your opinion. i haven't worked out the process yet -- oh yes I have, it is exactly the same process the Fed is doing with QE. It is just that we the people are not allowed to do what the Fed does, but there is a way around it. Will get into that later. Kennedy -- was shot for bringing honest money silver into circulation that Bush 41 directed. Bush 41 was executed via an injection right before he died of a natural death as per agreement for his testimony. Soros -- is a dedicated crook, and like so many other people in this world, that is their preferred way of making a living. outmanouvering the markets -- lots of people in this world do that for a living. Soros'es Open Society Foundations -- are created by Soros to open up society for the purpose of brainwashing and to spread false information. |
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There is two You Tube topics that make a lot of sense. Don't let the title's fool you, for there is a lot of good info on a lot of cabal's so called who are in the credit creation business to gain control of everything. After all that is what it is all about. Learn how to create your own credit to gain control over yourself, or get self sufficient. Actually you need to do both.
Dave Jana: Be prepared for the entire system to go dark for 2-3 days - Collapse Confirmed! Prison Barges Sent to Gitmo People need to learn how to hyphotecate as in hypothecation. I spelled the words wrong here on purpose. Ask yourself why is credit creation gold between banksters selling for 34 + or - between banksters. How is it that a $100,000 deposit into a bank can be lent out as $1,172,000. That is the fraction of the fractional reserve system we operate under. Learn the truth to set you free. Don't just be a pawn of one of the cabals. |
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We are approaching the end-game
Many supporters of the present financial system will say that our financial system has brought us economic growth and prosperity. But at the top of the chain are international capitalists with a vested interest in the system that made them super-rich. Their only creed is self-interest. I am going to use George Soros as an example. A Hungarian Jew, he was educated in England and now lives in America. In 1992 he borrowed £6.5billion to convert to Deutschmarks and French Francs and the loans, in Sterling, were repaid after the pound had lost value. This shorting of Sterling caused ‘Black Wednesday’ and made Soros his first billion. Since then he has done the same with many other currencies. In his quest for unearned profits by attacking currencies, he has enriched himself by destroying wealth of ordinary people operating on the currency he destroyed, but profited on. Under the twin evils of fiat money and usury, large numbers of people except the super-rich, are condemned to a life of debt slavery. The truth about how much this has progressed is demonstrated by the increasing difficulty people have buying a home. It shows how much poorer we have become, although our fall in wealth has been hidden by the plummeting cost of consumer gadgets be it mobile phones, flat-screen TVs and other things. In 1965, an average ordinary working man could buy a house with a mortgage lasting ten years. His wife did not need to work. Now however, it takes the combined earnings of both man and wife to pay off a mortgage lasting 15 to 30 years. Our present wealth is false wealth for the establishment is now squandering vast sums on imposing its political dog-poop, maintaining its bloated bureaucracy, and fighting foreign wars, all made possible from the income from tax to be levied on earnings our grandchildren have yet to earn. Confidence in the existing financial order is falling, and governments all over the world are trying to borrow ever more to fix the dog-poop mess they created, only to make it worse. This is a harbinger of things to come. We need to redefine what we mean by wealth, and reaffirm the traditional attitude that money isn’t everything. Wealth includes having our families close by; living in a community of people whom we understand and who understand us; to be able to prosper by our own efforts. The trick is to create your own thin air credit, loan it to yourself, and make the payments to yourself. Don't get enslaved to the present fractional reserve banking and the credit printing press. Just like a casino, the only real winners in our current financial system are the individuals who run it. Those who credit and lend it out as money are rich beyond compare, and politicians, with all their perks, are paupers by comparison. The higher up the money chain, the greater is the swindle, and the separation now between those who create wealth by honest toil, practical invention and science, and those who merely cream off usury and fees. This is an inevitable consequence of a fiat money system, as credit creation is consolidated into the hands of the master manipulators. That present system is now tumbling towards a collapse, and sooner or later the collapse is inevitable. It is an immutable law not just of economics, but of nature, that a system based on untruths will fail. |
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Concentrated power and sacrificing financial freedom for so called security, always ends in a disaster. Learn to create your own credit, lend it to yourself, make the payments to yourself, to gain your own financial freedom. What we all need to do is make the economic pie bigger by sharing the economic pie in a more equitable way. Several times you have talked about "creating your own credit".I don't recall reading how this can be done.It's like saying,you have a problem,fix it.The system that exists works for me.Yes I feel I've been gouged when I was paying over 20% on a mortgage back in the 90's but it was still worth paying the ransom.The fact that someone else is profiteering from my risk taking, whilst annoying, is still a necessary part of the equation.We are still both winners.Without borrowing I am not aware of any better way of acquiring a share of the pie. I know what you mean. My problem of spelling how creating your own credit can be done is my life. Funny how truth on this site, one can loose posting privileges, and printing the truth on what I am going to call the Wall Street owned press is your life. It is not in my interest to end up dead like Kennedy for the very same reason. I have done this before and I got my head pounded on the blacktop road. The future is limited when you're dead. There is no bear in heaven that is why we drink it here. I was hoping here that some people reading my posts could figure it out, without me having to spell it out. I just have to figure out an easier way for people to figure it out. I understand that some people just can't get the nut on the screw. |
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Why is the Fed reversing course at the same time global central banks are starting to print ever more thin air credit again? Because the debt-burdened global economy is slowing and the only way to keep the financial markets up is to continue printing thin air credit to buy up the debt that can't be paid. Global central bank liquidity turned negative in the last quarter, and as a result stocks got hammered. Without ever more thin air liquidity, the global stock markets would collapse. Stocks represent an average of 140% of GDP in most western countries, thus capital gains and taxes are critical to Federal tax receipts. Especially at a time when the U.S. budget deficit is exploding as the ever increasing Treasury bond issuance are needed to fund the rising deficits. Yields are set to rise, putting even further pressure on U.S. finances due to the higher cost of interest on the increasing levels of debt. Without a rising stock market and higher yields to promote savings needed to buy our debt, the U.S. government is at risk of insolvency. Hence, a policy reversal by the Fed.
Concentrated power and sacrificing financial freedom for so called security, always ends in a disaster. Learn to create your own credit, lend it to yourself, make the payments to yourself, to gain your own financial freedom. What we all need to do is make the economic pie bigger by sharing the economic pie in a more equitable way. |
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Topic:
HATE
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The hate on this earth could be dramatically reduced by enabling people to create their own thin air credit, so they can borrow it from themselves, and make the payments to themselves, just like the banksters do. That would solve the seigniorage problem most of us are forced to labor under.
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Topic:
What are you doing? - part 5
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Deleting all the porn pictures from who viewed me list. That is what I do every time I go on here. Every time I post I get 10 or so more. It never fails. At least now I know they are not real. |
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The world needs to do something to slow the threats to bee and pollinator populations, the human destruction of bee habitats, the use of harmful chemicals and antibiotic overuse. Without bees, we will all die.
Bees, like humans, like cows and most of the animal kingdom, have a gut microbiome, an ecosystem of bacteria living in the digestive tract, including those that protect it from harmful bacteria that is crucial to survival. Honey bees exposed to elements like glyphosate lose some of the beneficial bacteria in their guts. This makes the bees susceptible to infection and death from harmful bacteria. In the large-scale U.S. agriculture, beekeepers typically apply antibiotics to their hives several times a year. The aim is to prevent bacterial infections that can lead to a widespread and destructive disease that afflicts bee larvae. But the treatment with tetracycline, bees had dramatically fewer naturally occurring gut microbes (healthy bacteria that can help to block pathogens, break down toxins, promote absorption of nutrients from food and more). The very same problem applies to dairy cows. Most large dairy operations, the cows are confined to a small space, being a walk way and sleeping stall. The cows walk and sleep on a moist environment where all kinds of bugs grow. Almost half of the dairy cull cows being slaughtered are e-coli cows that survived by giving them a sulfa poliotic IV mixed with tetracycline into the jugular vein. On most big dairy operations, escherichia coli can range from being a subclinical infection of the mammary gland to a severe systemic disease. That disease is spread on to fields via manure that ends up being visited by bees. End result equals high levels of Serratia, a pathogenic bacterium that afflicts humans, bees cows and other animals treated with antibiotics, shows that the increased mortality is the result of losing the gut microbes that provide a natural defense against the dangerous bacteria. If we don't fix this in the next 10 years our medical bills are going to be sky high. I consume oil and gas. I drive a car and I heat my house in the winter and cool it in the summer. Most of my neighbors pay between $300 and $500 in electric bills on cold winter months or hot muggy summer months. We are blindly proceeding without any sort of national strategy in place, using up valuable and non-renewable energy resources at a blistering pace. Should our oil be taken out of the ground so quickly that exporting it to other nations is the only opportunity to get rid of it on the cheap just so we can pay three times the price in 20 years or less? First we need to know how much is there is and where we hope to be when it runs out. If there’s enough to fund both our future visions and export some, too, then OK, go ahead and export it. The problem is that the US has no clear vision for where it would like to be in 20 or 30 years. If the future is going to be mostly electrified, then there are huge energy expenditures to be made in alternative electricity production and storage, build-out of electric vehicles and mass transit systems, and a complete overhaul of the agricultural system. The energy cost of all that activity is unknown. Which means that the US is running the risk of wasting this last bonanza from the so called shale revolution on frivolous pursuits. Does it make sense to put an average of $11 million into a deep hole to get $8 million back? The truth is there’s closer to only 50% of what we thought was there, because the rest of it is not profitable to get out of the ground unless the price triples. This is a big problem for a nation without any sort of a plan, especially one that has used the shale output to convince itself that oil abundance is always going to be a part of the landscape. It won't be. Beyond the significance of not having an energy strategy, there’s the more immediate predicament of how a nation up to its neck in debt, is going to fare when the great output boom stops and then heads into reverse. We are less then 5 years away from that. Does it make sense to have a deal with Saudi Arabia, where we pay for their half priced oil with half priced Constitutional money gold. Talk about being stupid. The Saudis working together with Israel under Obama and now with the blessings of Trump are enriching the Saudi Royal Family that our expense. For what? So they can fund the ISIS? So we can bomb the ISIS with cash, food, weapons? So the ISIS can sell raided oil to the Saudis or Turkey. High levels of debt and rising energy costs are a terrible combination, but that is what we are facing in the next 5 years. Are we prepared for that? As things stand right now, the USA will blunder into that new era completely unprepared. The mission of the Fed has always been to first enslave the citizens, and then to transfer all assets from the working people to the wealthy. In order to not completely demoralize the workers, they allow periods of false prosperity via turning thin air credit and lend it out as IOU's to encourage so called debt productivity, and then follow with recessions to confiscate the fruits of that productivity. It just amazes me the majority of the people never figure it out. There is no doubt that JP Morgan Chase and other financial institutions will continue to find ways to make money regardless of what happens in the financial markets. They are shorting the stock market and then issue "warnings" in order to rake in the cash. Between Shut Downs, Tariffs, Trade Wars and out of control spending Trump is working overtime to put an end to that growth in the economy ;- ) Jamie Dimon, much like the rest of the criminal banksters walk the hall of Congress with our so called elected representatives who are mostly millionaires and presidents like the Bushes, Cheney, Clintons, who are all nothing more then psycho-criminal at the highest level. If we had a Rule of Law (we do NOT!) the likes of Dimon, Bushes, Clintons and the rest, would be rotting in prison for life. Instead, they enjoys the life of millionaires and billionaires while hundreds of millions of their victims suffer. What makes this all possible is unconstitutional money system we presently operate under. Let’s say you’ve figured it out, what can you do about it? Learn how to create your own credit and loan it out as IOU's to yourself and make the payments to yourself, so the first payment makes the second payment and so on. Don't let the masters of deceit use your collateral and bundled into one or into many securities via the MERS route. Take control of yourself, instead of them in control of you. Recently Trump visited the wall, recently he said a few words in public before he let another bald man speak. What does that man have pinned on his chest? The Freemasonry sign. If people only knew what that man represents. Representatives be it elected or appointed should not there to screw us. Look at the people that now surround Trump. This is not representative government, no matter how one looks at it. |
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Edited by
chris
on
Tue 01/15/19 07:49 AM
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Banking entities on average loan out $20 for every dollar held in reserves, (fractional reserve banking) so really they are making 80% off of money that is not even theirs. Pretty smart for them, pretty stupid for the main street people. Managing your debt is the first step to successful investing.
The deeper one digs into the statistical foundation of GDP, the unemployment rate, trade deficits, etc., the more questions arise about the accuracy and agenda behind the headline numbers. Why should debt pyramiding be accounted for as GDP? When insiders or hackers reveal the truth, the status quo exacts a high price from those who reveal the truth. Whistle-blowers are hounded from their jobs, threatened by private-sector or government goons and thrown in prison on phony charges. Complicity is always the easy option. Politicos know this, and their job is to grease the skids of complicity and silence with Savior State benefits and harshly punish whistle-blowers. In the Kingdom of Lies, everything is spun, massaged, interpreted and fed to the corporate/state media for the benefit of those enjoying centralized wealth and power. Truth is intrinsically treasonous, as it undermines those gorging at the status quo's trough of wealth and power. Absolute power corrupts absolutely. If our governments and institutions can no longer tell us the truth because it undermines the ruling elites, they've failed the citizenry. And if we remain complicit with the silence, then we've failed ourselves. That is because demand can not, will not keep up with the future supply of debt hitting the market be it public or private. From here on out, risks are up, and they are here to stay. |
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Edited by
chris
on
Mon 01/14/19 10:07 AM
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The Fed with the help of the US Treasury, try to control long term rates in "collusion" with it's member banks and other central banks and major players. If they did not do this, more volatility, including much higher rates, and general chaos would break out, thus the need to control it. Much of the current system has been in place now for a long time, but that it has been far more active since 1987, 1991, 2000, 2008 and now. It's not exactly secret, and it's not exactly illegal, or immoral, but it all operates in shadows and other gray areas, if you believe that our unconstitutional fiat money scheme is legal.
Right now, if truth could be told, the To Big To Fail Banks are in fact a failure for this country. Right now these banks are propping up the US$ and getting ready to to flush stocks and bonds down the toilet when they have completed their acquisition of the short interest to profit from this move. The irony that quantitative easing money for Wall Street has been good for Wall Street but not for Main Street should not be lost on no one. Learn to create your own your own thin air credit just like the banksters do, loan it to yourself and make the payments to yourself. I other words, don't sign over your collateral to some other entity to profit on. It all comes down to this > Alls was bruuchst uf der Walt, where the a in Walt has two dots on top is mostly speld Welt. Translation = All you need on Earth (World). Listen to the song on You Tube. What surprises me the most is that most people can't understand what I am trying to say, but some of the Amish actually practice it. If what I have so far posted on this forum were posted in the Wall Street Journal, I would be a dead man. But so far so good here. Must be because so few people of importance so called read it. Attacks welcome, I don't need to be the only one posting on this forum. |
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So far we have this so called low inflation in the US, because globally there is a glut of labor waiting to enter the labor markets, so the cost of manufacturing and manufacturing itself is being moved outside of the USA to low cost labor markets. This keeps our costs of labor and cost of goods in the US in check.
The Fed works for the banks that own it. They print thin air credit that gets loaned out as IOU's to themselves to buy debt nobody wants from banks via quantitative easing (QE) which enables banks to sell unwanted debt they can't sell, for credit that is loaned out as IOU's to encourage consumers and businesses to borrow it for the purpose of growing the economy that hopefully increases the economic pace, or until the weight of the debt collapses the economy. The creation of thin air credit loaned out as IOU's is a form of seigniroage where thin air credit units are loaned out as IOU's units where the thin air credit has no market value as money until it is loaned out as IOU's. Right before 2008 meltdown the Fed continued to tighten, because the Fed had to do everything possible to stop its member banks from pyramiding ever more debt before that debt would destroy the economy. The Fed is hoping the present tightening in the global economy will slow the debt pyramiding problem, thus reduces the chance of deflation problem when it unwinds. To me the Fed needs to normalize monetary policy as soon as possible, or the next Fed chair will either have to play Volcker to counter inflation or Bernanke to counter deflation. Because we are stuck with this Unconstitutional fiat money system, the Fed is now forced to tighten liquidity because it sees the very same thing that happened in 2008, but this time it is with corporate debt that is being pyramided. I feel the right move for the Fed is to raise rates the Fed pays on deposits held at the Fed three times in 2019, in order to slow the growth of debt and hopefully stop the pyramiding process that the USA is living off, but the very process may sink the economy. For some reason our elected representatives are unable to pass a law to stop this debt pyramiding and the Fed can only slow it by raising interest rates. The past QE program that encouraged debt pyramiding was effective in countering the deflationary forces in the world after the 2008 financial crisis caused by the unwinding of the housing debt pyramid bubble, but it has led to imbalances in asset prices and in the flow of money into the wrong places. China and many other countries have a large amount of US$ denominated multi national corporate debt. For most western multi national corporations in China, it made sense to borrow in US$'s given the Fed's policy during the QE time frame. It was cheaper for multi national entities to borrow US$'s, while US$ were expected to depreciate (but really didn't) thereby lowering the real burden of the cost of debt. The problem now is that this has now become a massive global problem, since US$ itself was one of the few assets with positive returns in 2018. To me this will continue as we go forward. After all the Fed is currently engaging in quantitative tightening (QT) = (the opposite policy of QE). If the Fed continues to unwinding (QT) its balance sheet, (I think they will but are using QE to do it with) and raises rates three times in 2019 on deposits held at the FED, it will create a further slowing of the global economy. The risk to asset values right now is not a recession in the United States, but the appreciation of the US$. The hard landing in China and lower guidance and downgrades of the multi-national corporations in China is confirming the slowing in the Chinese economy. After all most of the multi national entities in China operate with US$'s, but pay their Chinese labor force with Renminbis. To me, there will be a recapitalization of the Chinese banking system for the Chinese authorities have expressed a re-balancing plan. Firms in China are facing a slowing Chinese economy, global trade tensions, tariffs and high US$ denominated debt. Thus Chinese corporate profits will fall, and unemployment will rise, thus increasing non-performing loans for our shadow banking system that operates in China and to Chinese banks and Chinese financial system as a whole. China is going to buy as many multi-national owned manufacturing plants it can in China in the coming years for a dime on the dollar, which is smart for them and stupid for us. I believe the US$/Renminbi will reach at least 8.00 in 2019 as the PBOC (People's Bank of China) responds to a hard landing in the country's economy by recapitalizing Chinese banks. Chinese financial system (banks) are not isolated from the United States, for the shadow banking system that exists in the USA also operate in China. To me there is a high contagion risk to the US financial system because of it. To me our financial markets and asset values will respond to the situation in a negative way with the problem that China and we have because of the shadow banking system for China has just as big of a debt pyramiding problem as the USA has and it may even be bigger. Time is running out on the debt bubble in both countries. Liquidity and counter party collateral is disappearing. Another financial crisis will hit the USA and China because both are joined at the hip, due to ballooning corporate debt and regulatory impotence that allowed it to grow and is doing nothing to stop it, because it is too big to control. I expect the U.S. economic data to perform at or above the long-term trend, for everything is just made up (doctored) data to make things look better then what they really are, to make possible for USA (us) to live off the debt pyramiding process. The very process that needs to be undone before it destroys everything. This doctored up data will allow the Fed to continue normalizing in the hope to unwind the debt pyramiding process we are living off of, but it will not work, just like it did not work in 2008. Taxpayers will be asked for another bailout that is many times the seize of the one we had in 2009. I agree to a point with Trump's America first words but do not agree with his global corporation stance. I do not agree with Trump's USA, China's, Russia's and Euro area wish to shape the world with the financial slavery authoritarian model, made possible in the USA by removing the Glass Steagall Act. We can't have a system where the central banks and the member banks that own the central banks own the governments and people of the world. But that is where we are today. We can't have a system where the USA under Trump authoritarian president is supporting Saudi and Israeli barbarism that has massacred Yemen and other civilians, Kashoggi who in the past warned the world that Saudi Arabia and Israel are working together in the Middle East. The USA, the Saudis and Israel all worked together to get rid of him. Why didn't they shoot him like Kennedy? Because it would make noise. A balloon can only hold so much air before it pops. Financial manipulation that's been taking place is all done to keep the financial bubble (balloon) in place. The market is totally moving based on Fed policy and not real growth. Is it the Feds fault for saving all the bad decisions of bankers and politicians and for passing the Federal Reserve Act? Who's fault is it? Constitution dictates Congress controls purse strings of the Government. Kicking the purse (can) probs like social security, govt spending, fiscal responsibility puts the Fed in a precarious position. How do you like your stock/401k gains in the last decade? Blame the Fed, because w/o them, you would have none. Fed, former Fed Officials, have previously said, fiscal policy makers in Washington need to stop abdicating their stewardship or this will make Exxon Valdez look like a thimble spill of milk. That responsibility starts with creating a honest money currency. WE ARE TOLD that the Fed is an independent entity and their actions should reflect that. Debt is due to decisions made by politicians and corporate CEOs. That in itself has nothing to do with the FED but the Fed is running the fiat money scheme for seigniorage in the same way their member banks are. Don't play into their seigniorage. Create your own credit, loan it to yourself and make the payments to yourself. Democrats want to spend on social programs but at least they are willing to raise taxes to keep down the debt while Republicans want to spend on military and tax cuts. Don't blame the FED for their mistakes. In short, the FDIC in 2008 was asked to back “everybody against everything in the banking system. But our Tarp bailout strategies didn’t clean out bad mortgage assets, and we didn’t force banks to take losses. We imposed no accountability and did no fundamental restructuring. We are on the road to Japan, and we have a Japan like recovery because of it. This soon to come around it is going to be the FDIC and all consumer assets held at banks including the equity in your home that will be needed to bail out the bad bankers. |
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Topic:
Single
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Don't take things too serious. This not the New York Times or the Wall Street Journal.
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Topic:
Single
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That's awesome? I guess? I wonder what the hell does it have to do with your previous statement about being "convinced most people in long-term relationships are actually miserable."
Most of these people are married or in a long term relationship who to me live a miserable lifestyle because of insufficient income. There is little happiness or so called bliss in their lives. If only they could become more self sufficient. |
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Topic:
Single
Edited by
chris
on
Thu 01/10/19 10:43 AM
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I’m convinced most people in long-term relationships are actually miserable. You've convinced yourself... It's a nice rationalization for people that can't find a partner. I live a very frugal lifestyle, much like the Amish do. Most people that know me, know me as Mr. Tightwad. I just don't go to a fancy restaurant and spent $10 for a meal. I would rather go for a ride on my 4 wheeler on my wooded acres. Also I am not much of a church going man. To me nature is God. I hate the TV. I am located where there is a lot of elderly people, and just about on a daily basis I spent a few hours helping somebody with whatever their problem may be. I know a lot of elderly people who are not well off financially. There is a lot of financial stress out there, which to me is the main cause of relationship stress. I do a lot of bartering with these people. I don't know what it is but most of these people are rich in junk and poor on cash. I grow a lot of winter greens that I barter for junk. I take the junk to an auction house or scrap metal place and sell it. I sell or trade a pickup load of winter greens on a weekly basis, and a few pickup loads of stuff (junk) every week. Ever notice how some people let their place go because they just can't do the upkeep any more. I am kind of a cheap handi-man. Every week I haul a few loads of metal related junk to the scrap man. The truth is most of these people have let themselves go. I don't have any cats or dogs in the house, but most of them do. One of the worst mistake I ever made was cleaning the animal poop out of a house and then go into a store on my way home. I got stacks of lumber outside under cover that cost me nothing more then my time and gas. |
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Topic:
Single
Edited by
chris
on
Wed 01/09/19 04:39 PM
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I’m convinced most people in long-term relationships are actually miserable. Sure, it’s nice to have a partner to cuddle with at times, but marriage can also be terribly inconvenient and a pain. If you don’t believe me, consider the surprising benefits of being single. To me being single outweighs being married.
You can sleep in peace. You can manage your own money. You can travel on a whim and stay in touch with your girl or boy friends. You can flirt with someone else without fear. You can become more self sufficient. You can avoid getting into a bad match. You have more freedom to do what you want. You can watch whatever you want. You can avoid getting stuck with a divorce. You can make a fool of yourself and be ok with it. Why can't two single people live together just like married people do? |
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Debt doesn't matter until it does.
Reducing future debt does not require immediate austerity. Excessive budgetary austerity in a recovery undermines real economic growth and does nothing to reduce debt. But what is required is a plan to halt the rising debt/GDP ratio going forward. On average, financial markets do not provide advance warning of when such a plan is required to avert negative market reactions. But financial markets do react to real economic growth that brings underemployment and unemployed down. What we need is a long term budget to halt and reverse the projected rise of debt. Easier said then done. Putting the budget on a sustainable path and reducing the debt/GDP ratio will require bipartisan agreement on entitlement and military spending reform to slow the growth of military and health care spending and putting Social Security on a firm foundation for future retirees. It also requires tax reform. But to have success in any of this we have to have honest money, money that is backed by common commodities or commodity denominator. In a paper monetary scheme where credit is created out of thin air and loaned out as IOU's, low interest rates slow individual savings and at the same time allows the financial industry to grow the debt by pyramiding the debt. It is this very process that makes possible the projected increase in debt to a point we are now, where the very growth of debt and the pyramiding of that debt increases the rate of interest. The rate of interest will be at least twice what it is now in five years. The way it is now, in the coming decades federal spending is projected to increase faster than the economy can grow, because we operate on a thin air credit system that become IOU's when loaned out, and because of a growing number of older citizens that are reaching retirement age and living longer than their predecessors. Then there is this uncontrolled spending for health care that is likely to rise faster than other spending. This combination of demographics and health spending growth makes Medicare, Medicaid and Social Security drivers of unsustainable federal spending in future years. Same applies with military spending. Social Security should be the easiest to reform, because it involves only money, without the complexity of health care delivery, and requires only minor tax changes and benefit changes to regain fully funded status. Social Security is an extremely successful program, which keeps millions of seniors from destitution in old age. Workers now in the labor force need to know that Social Security will be there for them when they retire or if they become disabled and that they can plan their retirement around it. We need to reduce payments to high income people and increase the benefits for low-income seniors while reducing those for affluent beneficiaries in order to achieve solvency. We need to remove the cap on social security taxes. We also have to fix our accounting. Loan proceeds should not be counted as income. It is no secret that corporations manipulate bottom line earnings by using accounting gimmicks to increase report-able earnings that don't exist, but are actually borrowed funds used to extract equity from the increased so called value of the enterprise. We are in a moment that has no precedent. Everything in finance has been seen before. What is new and different now is the this: We have over $10 trillion of securities priced to yield less than zero worldwide. At no point in the Treasury yield curve is an investor earning greater than zero after inflation and taxes. So we are in an environment of extraordinarily accommodative monetary policy designed to grow the debt because the production of debt is the most profitable business there is. We’ve been in an era of free credit being turned into IOU's for many years. Free credit is lovely, but in spending it as an IOU only increases the debt. In this way banksters will do things they wouldn’t have done had that capital cost something substantial. |
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US has been in China not to do China any favors, but to make profits by exploiting its work force. On average these workers make in a day working 14 hours then what we make in an hour. The US corporations have benefited greatly in the process. China's cheap labor and environment was exploited to the maximum extent. Think about how much China makes from making an iPhone. Even with the small portion of profit they made, they invested in American debt to fund our lavish lifestyle, to fund our wasteful government, welfare, and wars perpetuated by the military industrial complex.
Many here say that our IP's were given away for nothing. It simply is not true. Huawei has been the top filer of IPs in the world for years in a row, with tens of thousands of IPs in its portfolio. Google this article: "World Intellectual Property Day: Huawei Reveals It Had 74,397 Patents As At Dec. 2017". Chinese tech companies are paying billions to US companies in IP use. Here is a link to IP information by countries: en.wikipedia.org/ - not sure about the link for I am using my memory. There is so much stuff going through my head that from time to time it malfunctions. Both countries need to enable the poor to enable themselves instead of enriching the rich at the expense of the poor. Bailing out the financial crooks like we have is not the road to future prosperity. Nor is adding $6,000 worth of new debt on every living soul, every year. We claim to be free, then let me make my create your own credit out of thin air just like banks do, loan it to yourself and make the payments to yourself public. What is so wrong about enabling people from the bottom up instead of top down that does not work for most people? Government is supposed to be for all people, not just the rich few. DIE AMIGOS - DAS SCHONSTE LAND Watch it on you tube. |
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Above mistakes I made and can't fix it > safe should be save, The average $100,000 bank loan costs the bankers $5,000
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If someone has information on wooded productive land in a warm climate with a stable political system and economy for under $125 an acre or under $250 a hectare run it by me. If we get along you can live on it for free. But it has to be land that one can live on without being eaten. Getting consumed kind of defeats the purpose.
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The Oath of Galt’s Gulch
I swear – by my life and my love of it – that I will never live for the sake of another man, nor ask another man to live for mine. I agree with it on principal, but I don't follow it. The deterioration of rule of law in the US has gone on for decades with the scales of justice under the absolute control of the powerful and corrupt. Power corrupts and absolute power corrupts absolutely. Right now many business leaders are organizing to save themselves, terrified of runaway policies that have led to ever growing credit/debt creation problem that will lead to civil unrest (yellow jackets in France) and, most threatening of all, the collapse of the dollar they see coming. I happen to agree with them. But they don't have the money like the banksters do, and that is because they can't create it like the banksters do from thin air credit. We have enemies from within, with trillions of dollars in backing, stand ready to issue a secret ultimatum to any one they want to, and that includes Trump. That is how Kennedy got killed. He got killed for placing honest money into circulation via silver coins. To me Trump is the “wild card." One thing I do know is that behind Trump's outrageous behavior are acts of defiance that are utter brilliance, all done to confuse the powers that be some call the deep state. But I still can't figure him out, but he sure got a lot of people confused which is his intent. He actually can talk stupid and do good at the same time. To me the only way America can be saved is through restoration of traditional checks and balances that long ago melted away as the elected representatives re-engineered America’s institutions to fail. Most poor, brainwashed and uneducated are being hoodwinked into financial suicide by the very representatives they helped elect. To fix this, there has to be term limits for congress, removing corporate cash from elections, reforming electoral districts, reforming the committee system in Congress and fix the Supreme Court.. To me the Supreme Court is a total failure for the 9 members are nothing more then members of , a “chamber” owned by organized bankster criminals. The Constitution clearly states what money is, and how it is to be entered into circulation in debt free form. So far every single president since Eisenhower has backed powerful special interests that victimize Americans via financial scams and wholesale robbery of the US Treasury by elected representatives. Supreme Court knows what is happening, but is unwilling to do anything about it. Why? I believe they can read the Constitution but for some reason can't comprehend what they read. Over 19 million people in the U.S. have a felony record, including those who have been to prison, jail or on felony probation. In our communities all over the country people are living, working, paying taxes, or otherwise getting by all while facing the consequences of criminal justice experience that limit their life chances and that has spilled over on our other social institutions. Simply put, America puts people in prison because corporations use contributions to elect politicians that pass more and more laws criminalizing everything imaginable including what money is, even my idea of creating credit in the same way banks do, but as an individual can't, because I am not a member of the Federal Reserve system. Of all things Constitutional money has become illegal, and the powers that be are promoting longer and longer prison sentences for anyone except, of course, the most dangerous “white collar” criminals of all, the members of congress themselves, and the banksters that own them. MERS = Merscorp electronic registeration/renewal services. Fed = Federal Reserve, a private corporation owned by its member banks that operate the fractional reserve system we operate under. All assets including yourself serve as collateral to the Fed. Commodity gold is commodity gold as in physical gold. Paper gold is paper gold that does not exist in physical form but is priced at a much higher price then commodity gold because it serves as the foundation of our fiat fractional reserve money system. Then comes Treasury bonds, Municipal bonds, Corporate debt, individual debt that serve as our fiat financial scam in a V form where paper gold is the foundation of everything is on top of it. Of the four neighbors that surround me, three have their property registered on MERS. One of them is registered over 30 times, one over 4 times and the other one once. The average bank loan costs the banker $5,000, most of that is the cost paper work and cost of appraisal. Bank makes $95,000 profit by selling the loan.Most home loans today get bundled into bundled securities be it in one, or in four different securities, or in 30 different securities. Here is where the leveraging comes in. That same loan can be sold into different bundled securities and the same lending process goes on and on. But the earliest dated collateral sheet has the right to for-close, but not even that is followed in many cases. The MERS system was enabled by the banksters to enable debt pyramiding. Right now it takes $6 of new to make $1 worth of new GDP. Right now $6,000+ of new debt is added to every person in the USA every year. This can not continue forever. When Powell took the job at the Fed, he told Trump that this debt pyramiding is unsustainable, and that he would have to raise rates to stop it. I agree, so does Trump. That is what Volcker did. But Trump does not want to take the blame for what is coming. He wants to place the blame on the Fed, and Powell has agreed that his Fed will take the blame. But Powell has a card up his sleeve. He is going to QE the QT and I actually agree with that but all that does is prolong the problem. The reason i agree with it is because it gives me more time to get ready. But what I disagree on is that I don't want Powell to QE the debt - banks hold. Let them fail, for this crook-ery has to stop. Sooner or later we are going to go teats up. Let it be sooner instead of later when the amounts are smaller instead of bigger. During the next 5 years or so, there is going to be once in a lifetime opportunity to buy productive wooded acres for $125 an acre or less. Payback in tree growth is $25 an acre a year and if you thin it it is $150.00 a year per acre. But hat only works if you can pay cash for it and let the trees grow. So get ready and cash up for that event. Same can be said for shares of stock in many corporations, but the trick is to buy shares that go up instead of down. Easier said then done. But shares of stock = paper, where trees are physical. Remember that. An apple is an apple, a picture of an apple is a picture of an apple. Which one can safe you from starvation? The USA has 100 million acres that needs planting or thinning. Why not use the people who want to get out of their economic concentration camp our multi national corporations and banksters have put them into, and let them pay themselves for doing the work by allowing them to create their own credit they can borrow in their own name and make it payable to themselves? What is so wrong about doing something right at no cost? |
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