Two very interesting quotes, the second one being the most astonishing.
"If the American people ever allow the banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered ... I sincerely believe that the banking institutions having the issuing power of money are more dangerous to liberty than standing armies." --Thomas Jefferson
And then this... "Owners of capital will stimulate the working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks, which will have to be nationalized, and the State will have to take the road which will eventually lead to communism"
-Karl Marx, Das Kapital, 1867
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22 comments:
Joe
I believe if government continues to take property and liberties from citizens of the USA, there will come a day of reckoning.
Hopefully there are enough freedom loving people left in this country to rise up and take back,by what ever means necessary, what has been taken from us.
I,for one, can only hope I will live long enough to be a part of such and uprising. We can no longer allow government to control every aspect of our lives. For if we do government will make us slaves of government.
retired cop and proud NRA member
Gentlemen, I have had men watching you for a long time and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. Whenyou won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves.
Andrew Jackson.
Nice how all that Reagan deregulation has lead us down this path.
I realy feel l like the days of socialism are upon us.
Doug..that is actually really profound considering the mess we got in the last decade or so.. Seriously..Good job!!
Cool, after all the Soviet Union had so much better then we did. Let's go back in time and turn to Marxists Economics.
"Nice how all that Reagan deregulation has lead us down this path."
Reagan got us out of the last recession. It was Bill Clinton pressuring Fannie Mae & Freddie Mac to lower the standards of giving people loans so people that didn't qualify for the loans would now so they could be homeowners.
What anon 12:30 was trying to say, was that members of Congress-Maxine Wright, Chris Dodd, Barney Frank-most notably- allowed the owners of capital to put lowincome high risk debtors into home they couldn't afford, defaulting on the debt and starting the path to nationalization of not only the banks that are beholden to the federal gov't, but now the gov't is trying to control the markets. They are the true Marxists...socialists, traitors.
China bought Bills sss.
For 10 cigars!!!
This is why we must never allow government to infringe upon our second amendment right to bear arms. Which was put into place to ensure that citizens of the United States are always able to protect themselves from the government.
The lowering of the standards created the false "housing boom" which leads to all of the new housing sitting around that can't sell, thus decreasing home values for all Americans who have equity in thier homes but can't use it for improvements because the banks are strict on lending (as they should have been and should be)leaving yet again, The Good Ole' working class holding the bag. New homes that should sell for $400,000 plus in my neighborhood are going for $275,00 or less, my new appraised value comes in less than it should due to the "new values" of the homes that have been sitting and I get the shaft. The first four families in my neighborhood (which is only 4 yrs old) are already gone, they walked away because thier 3 yr ARM was up making the new payment $3800.00/mnth, they all go out and get new vehicles prior to walking away and take vacations as well, knowing damn well what they are getting ready to do. Now they rent in a golf course community, with a nice new BMW, and the SOB's were only put in the homes to begin with so the development would show something going on "activity" to boost more sales. Neither of them should have been in this neighborhood, but the lowering of the "standards" lead to it...Sorry but this crap strcuk a nerve.....I take care of my place but have to look at 3000 sq ft homes sitting and going to hell because of all of this mess....
Well, when you encourage society to be nothing but a consumeristic, materialistic, credit-drunk, kill-the-environment for the almighty dollar and call it "business," this is what you get.
Both gents were right.
It realyy pises me off that the Democrats want to give ACORN over 4 BILLION dollars disguised as a "neighborhood program" The stimulus (porkulus) package is an ENTIRELY democrat crafted bill and the DEMOCRAT party will be 100% to blame down the road, no one can pin this on Bush it rests squarely on Pelosi and Reid, Obama doesn't have the backbone to stand up to those two, and they are spending taxpayer money on non-job creating social welfare programs to ensure the Dems stay in power. What happens when the people who actually DO the work and PAY the taxes have had enough??One positive note, Kratovil was one of the brave 11 Democrat congressman who voted NO!! Thank you Frank!
I agree 4:35
Pelosi is a hag, she is absolutely no good to this country. The majority will do as most liberals do "tax and spend", frivolus spending at that. I agree the roads and things need work and may put a few more people back to work but if you can't afford to drive what the hell is the nice new road or bridge for. No one sees this side of it but here it is,
Contractors and the housing market will be affected more now than ever. The few standing may just fall!Asphalt will be prioritized to roads and mandated to go there. Suppliers will be on allocation, meaning they get what they can and thats it..That is if the factory is even making them. Thus shingle manufacturers will be on the back burner to get the asphalt needed to make shingles, thus relating to more jobs lost. So if you put 100,000 peole working on roads and lay a 1,000,000 off from housing related manufacturing or trades what exactly have you accomplished. The liberals did say they were going to create jobs but they didn't say or have sense enough to realize that robbing peter to pay paul doesn't work. It never has and never will.
The shingle manufacturer lays off because they can't get the asphalt or if they do get it the shingles or materials will be to high and wont sell, layoffs begin,then builders (the few left)can't afford the shingles to build the house, more layoffs, then the drywall guys, electricians, masons, and so on and so on...The construction industry is at records lows already, guess what this one move, being asphalt related only is the straw we have been waiting for.....
Camel
Broke back
I have more scenarios but this one (asphalt)issue will send this country into a faster downward spiral than we have ever seen. This isn't my first rodeo. Mark this down, listen to the news in the coming months or weeks..Folks the new word for the year is "asphalt". I am betting that we will hear this issue affecting so much soon. Layoff after layoff. I am just a blue collar, honest working man, trying to survive and have been at it for years. So have your reservations about taking my word and go ahead and bash me but this is the big one!Stock up on fuel too!
5:19
Has a different perspective and worthy of thinking about!
I am not related to construction, but the construction side sees things through thier eyes. Interesting!
Where's that 5' 3" guy with thinning hair,reese bobby?
6:41
I am here, had a little chat with Reese today, and how are you doing this evening? Your memory is fading though. I gave you my stats the other day! 5ft 3in just isnt; fair, and I do have a head full of hair!
I can take it though!
Anon 5:44 AKA 6:41
I left the 3:27 comment if you would like to chew me up for that one! Just thought I would get you started in the right direction, you know give you somewhere to start, getting a beer I am waiting ....
Anon 6:49 Your good with me my friend....nice to see you.
"you're"...sorry
"Nice how all that Reagan deregulation has lead us down this path."
Reagan got us out of the last recession. It was Bill Clinton pressuring Fannie Mae & Freddie Mac to lower the standards of giving people loans so people that didn't qualify for the loans would now so they could be homeowners.
12:30 PM
~~~~
You have THAT exactly right Anonymous 12:30, don't blame Reagan for this mess. Everyone always kept saying how WONDERFUL Slick Willey was when he was only a con artist and ended up RUINING good banks, closing them down and costing thousands of jobs needlessly, and that was JUST the beginning.
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