Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Politics and Political Issues Board => Topic started by: O.Z. on March 06, 2014, 04:27:33 PM
-
quite interesting to see it and quite scary to think about. Those numbers are mind blowing. I really wonder how is (if) possible to get out of this debt?
USDebtClock.org
-
quite interesting to see it and quite scary to think about. Those numbers are mind blowing. I really wonder how is (if) possible to get out of this debt?
USDebtClock.org
No. It's mathematically impossible. That's just the debt they show you. Count in unfunded liabilities and the debt is anywhere between 70 and 100 TRILLION. Yes, TRILLION. It will never be paid off. Global currency reset is the only answer...or a crash.
-
No. It's mathematically impossible. That's just the debt they show you. Count in unfunded liabilities and the debt is anywhere between 70 and 100 TRILLION. Yes, TRILLION. It will never be paid off. Global currency reset is the only answer...or a crash.
Crash has been predicted since 2008, not happening as yet. Another mystery.
-
Crash has been predicted since 2008, not happening as yet. Another mystery.
The reason there has been no crash is because it's rigged. The unlimited Q.E. is keeping it afloat. If the Q.E. were to stop tomorrow. It'd all go under because interest rates would skyrocket. It'll crash when they want to crash. Either way, there will be a reset sooner than later.
-
listen to this man speaking, Ned Goodman, dollar as a world currency is losing its ground. When, not if, China&Russia decide not to use it any more as a world currency, that is when big earthquake is coming.
Keep in mind what is happening right now between Russia&US we might not be far from that stage.
-
quite interesting to see it and quite scary to think about. Those numbers are mind blowing. I really wonder how is (if) possible to get out of this debt?
USDebtClock.org
It isn't possible. The debt clock might as well be a ticking time bomb for the U.S economy.
-
listen to this man speaking, Ned Goodman, dollar as a world currency is losing its ground. When, not if, China&Russia decide not to use it any more as a world currency, that is when big earthquake is coming.
Keep in mind what is happening right now between Russia&US we might not be far from that stage.
Right on the money. People had better brace themselves for what is coming.
-
Right on the money. People had better brace themselves for what is coming.
Get some guns and ammo, you'll be fine.
-
US debt = US death. Mathematically impossible to pay back. You can thank our corrupt government and the federal reserve for all of it. Forget about left/right and republican/democrat paradigms... 95% of all politicians are bought and paid for by Wall Street and central bankers.
Whether people here realize it or not, you are living in the last days of the USA. You will be alive to see it's total collapse.
I really feel bad for young people today. It only gets worse from here... much worse.
-
listen to this man speaking, Ned Goodman, dollar as a world currency is losing its ground. When, not if, China&Russia decide not to use it any more as a world currency, that is when big earthquake is coming.
Keep in mind what is happening right now between Russia&US we might not be far from that stage.
That is correct. That's an alternate scenario for a crash. They've already been buying less. China has been hoarding a shit ton of gold over the last several years because they know what's coming. When they are ready all they need to say is that they will no longer invest in the U.S. unless we do something about our debt and they'll have a legitimate gripe. But when they do it, everything else goes. It doesn't matter because ultimately they'll get their N.W.O. and one world government and one currency. It's in steps. Not all at once. All at once, they'd lose. Incrementally no will notice till it's too late.
-
Crash has been predicted since 2008, not happening as yet. Another mystery.
In late Sept 2008 it was just about to happen. The federal reserve came to the rescue pumped trillions into the financial and stock markets. All that did was kick the can down the road a couple more years. The situation is much worse now.
The main event is coming and it will make the crash of 1929 look like a picnic.
-
The USA is in debt to umm the USA. basically moving money from one hand to another
-
In late Sept 2008 it was just about to happen. The federal reserve came to the rescue pumped trillions into the financial and stock markets. All that did was kick the can down the road a couple more years. The situation is much worse now.
The main event is coming and it will make the crash of 1929 look like a picnic.
and people being spoiled and lazy as they are in general (generation 'big TV screens, big houses, giant fridges full of food, big cars') , it is going to be a hell of the wake up call.
-
It's obvious they've been preparing for it. Buying all the bullets, militarizing the police, FEMA CAMPS underground bunkers. All that shit most of you made fun of me about all these years and it's finally coming to fruition. I'm going to take this time to be a dick and say, who's laughing now? America will be a 3rd world country and you'll see a mass exodus. People going to their mother countries. All because we were too greedy, slothful, and just about every other sin to notice. This certainly can't come as a surprise. And stupidity is no excuse. Like I've been saying, be prepared, food, water, guns, ammo, silver, gold. You can never have enough.
You can't imagine in your worst dream what's in store for us.
By the way if anyone is paying attention have you noticed all the banker "suicides" In Europe and America over the last month or two?
-
Governments around the world are implementing regulation for crypto currencies in anticipation of a global financial reset many deeming it "private money". In the event of any financial calamity, the central banks and governments won't have weeks or even days to come up with a new Bretton Woods. We'll need a worldwide method of transaction immediately. It will be Bitcoin. The infrastructure is already in place. Vendors can set a payment system with Bitcoin in a matter of hours. It's unlikely the masses will trust another fiat currency backed up only by debt. They will flock to Bitcoin backed up by mathematics, open-source, decentralized and noninflationary nature. Everything Wallstreet does can be implemented within Bitcoin code. It is simply amazing. With a modest adoption rate we will see 100k bitcoin. If 1% of the assets in offshore tax haven bank accounts came into Bitcoin, we'd have a value of 2.8 million equivalent US fiat units per full unit of Bitcoin. Believe me, the big boys are considering it right now. Those who stated Bitcoin was in a bubble were completely wrong. This is just the beginning, buy some Bitcoin. The value will flow to the people who deserve it.
-
It isn't possible. The debt clock might as well be a ticking time bomb for the U.S economy.
Not true... if you look at the actual GDP and the amount of money spent, the US can get out of it... it really wouldn't be that hard either.
They would just have to cut back on spending about 30-40% and raise taxes about 10-15%.
It would be out of debt in something like 15-20 years... Neither of those things will happen though.
The US likes to spend and hates taxes.
-
I have bitcoin but I don't think they'll use it yet. There will be another reserve currency. There will be one currency backed by gold ran by the bankers. There can never be another collapse with one currency.
-
quite interesting to see it and quite scary to think about. Those numbers are mind blowing. I really wonder how is (if) possible to get out of this debt?
USDebtClock.org
its just numbers.
everyone plays alng dbet will be repaid with more debt etc.
next few generations though.
eu is ev en worse haha
-
its just numbers.
everyone plays alng dbet will be repaid with more debt etc.
next few generations though.
eu is ev en worse haha
What you fail to understand, is that we are those next few generations.
-
Get some guns and ammo, you'll be fine.
think so?
i dont
-
I have bitcoin but I don't think they'll use it yet. There will be another reserve currency. There will be one currency backed by gold ran by the bankers. There can never be another collapse with one currency.
I have considered this. I agree, they will likely back the next currency with metals. The problem is trust. The United States has continually lied about the amount of gold they have. Speculation that Fort Knox is empty is well justified especially after the failure of the US repatriate a small amount of gold to Germany last year. They won't even let Germany see their gold supposedly stored in Federal Reserve vaults. If the next currency is backed by metals, it's a guarantee the US government will lie about their total gold reserves. Here is what I learned from the Cyprus bail-in last year. People immediately looked to preserve their wealth. Bitcoin was the goto currency. One of the first Bitcoin ATMs in the world was installed in Cyprus at the time. The first University in the world to accept Bitcoin was in Cyprus. In the event of a world fiat currency crisis people will be frantically looking to preserve their wealth as they watch their life savings vanish. There's little physical metal available for people to purchase relative to population. When it's gone, financial instruments outside of the influence of fiat currencies are few. Bitcoin is the clear winner in this regard. I'm primarily a metals stacker but I have no doubt we made the best financial decision of our lives when we purchased Bitcoin. You might just be buying an estate on the shores of Hawaii with your purchase of Bitcoin. Well done Sir.
-
I have considered this. I agree, they will likely back the next currency with metals. The problem is trust. The United States has continually lied about the amount of gold they have. Speculation that Fort Knox is empty is well justified especially after the failure of the US repatriate a small amount of gold to Germany last year. They won't even let Germany see their gold supposedly stored in Federal Reserve vaults. If the next currency is backed by metals, it's a guarantee the US government will lie about their total gold reserves. Here is what I learned from the Cyprus bail-in last year. People immediately looked to preserve their wealth. Bitcoin was the goto currency. One of the first Bitcoin ATMs in the world was installed in Cyprus at the time. The first University in the world to accept Bitcoin was in Cyprus. In the event of a world fiat currency crisis people will be frantically looking to preserve their wealth as they watch their life savings vanish. There's little physical metal available for people to purchase relative to population. When it's gone, financial instruments outside of the influence of fiat currencies are few. Bitcoin is the clear winner in this regard. I'm primarily a metals stacker but I have no doubt we made the best financial decision of our lives when we purchased Bitcoin. You might just be buying an estate on the shores of Hawaii with your purchase of Bitcoin. Well done Sir.
Thank you, it was you that helped me out. I'm happy with my decision. I'm still stacking silver.
-
Not true... if you look at the actual GDP and the amount of money spent, the US can get out of it... it really wouldn't be that hard either.
They would just have to cut back on spending about 30-40% and raise taxes about 10-15%.
It would be out of debt in something like 15-20 years... Neither of those things will happen though.
The US likes to spend and hates taxes.
The GDP numbers are inflated. When interest rates go up, and they will, how easy will it be to pay back then? Rates will not stay this low forever. Even a modest increase will cripple the U.S, as well as much of the World. Also, repayment would be contingent on the U.S Government acting responsibly, which they will not.
-
The GDP numbers are inflated. When interest rates go up, and they will, how easy will it be to pay back then? Rates will not stay this low forever. Even a modest increase will cripple the U.S, as well as much of the World. Also, repayment would be contingent on the U.S Government acting responsibly, which they will not.
No disagreement on the responsible action requirements... I agreed.
That's absolutely the number one requirement... They can handle the inflation portion if they stop with the nonsense, but they (The government, will not)
-
What you fail to understand, is that we are those next few generations.
i know brother.
the mere mob populace(we)have always been the suckers throughout history.
money isnt everything in life.
-
the mere mob populace(we)have always been the suckers throughout history.
Glad to see you acknowledge it.
There was a period in the United States from 1776 to about 1861 when that wasn't true.
-
Glad to see you acknowledge it.
There was a period in the United States from 1776 to about 1861 when that wasn't true.
nah even then.
im aware of that period.
how can you say something like that when founding father have been sslave owners lool.
;D
the bit rights have always trickled down a bit.
example french revolution, whichever you pick, always someone assumed power and let the mob vote or not vote.
-
I have bitcoin but I don't think they'll use it yet. There will be another reserve currency. There will be one currency backed by gold ran by the bankers. There can never be another collapse with one currency.
CHECK THIS OUT
http://www.zerohedge.com/news/2014-03-04/bitcoin-claims-its-first-real-victim
-
CHECK THIS OUT
http://www.zerohedge.com/news/2014-03-04/bitcoin-claims-its-first-real-victim
Certainly no accident. She either killed herself or she had help.
-
The reason there has been no crash is because it's rigged. The unlimited Q.E. is keeping it afloat. If the Q.E. were to stop tomorrow. It'd all go under because interest rates would skyrocket. It'll crash when they want to crash. Either way, there will be a reset sooner than later.
Says the security guard/conspiracy theorist. LOL. Nice life you put together there. Classic "loser".
-
Says the security guard/conspiracy theorist. LOL. Nice life you put together there. Classic "loser".
It doesn't matter who says it. What matters is that it's true.
-
It doesn't matter who says it. What matters is that it's true.
Sure it is. I know, I know...having this "special knowledge" makes the failed life easier to swallow.
-
always someone assumed power and let the mob vote or not vote.
That's just inevitable human nature, leaders and followers, alphas and betas. The problem is our modern society is populated with collectivist pussy followers who are too weak to hold onto the power and rights that were given to them.
-
That's just inevitable human nature, leaders and followers, alphas and betas. The problem is our modern society is populated with collectivist pussy followers who are too weak to hold onto the power and rights that were given to them.
do not forget one more thing, probably the most important, nowadays is much easier to manipulate people with a variety of media tools.
Media is completely under control of governments, it is extremely powerful tool to convince people whatever they want.
We are all betas and followers.
-
do not forget one more thing, probably the most important, nowadays is much easier to manipulate people with a variety of media tools.
Media is completely under control of governments, it is extremely powerful tool to convince people whatever they want.
We are all betas and followers.
Good point!
-
listen to this man speaking, Ned Goodman, dollar as a world currency is losing its ground. When, not if, China&Russia decide not to use it any more as a world currency, that is when big earthquake is coming.
Keep in mind what is happening right now between Russia&US we might not be far from that stage.
hahaha
Sure listen to this man telling everyone that us dollar will collapse and you should buy metals if you want to keep your gains, Mr.canadian mining all of fame. http://mininghalloffame.ca/inductees/2011-2014/ned_goodman
I stopped listening around 2mins when he said that the reason why main world currency is us was because we convinced other countries to buy their oil with us dollars ...haha... Fyi the main reason why it is, is because after WW2 it was the strongest dollar, so it became an international reserve currency, oh and also because the US have the largest economy and financial markets, and a stable political system, that helps.
Now maybe in the future it wont be the international reserve currency, we dont know what can happen, but a collapse will not happen! Look back, after WW2, even when the whole European economy was totally destroyed, worst scenario possible (what the idiots like Wiggs are predicting for the us lol) recovery plan was activated, we helped them, and guess what, they recovered perfectly. But it always been that way, I guess some people with miserable life enjoy to imagine catastrophe scenarios
''bitcoins'' hahaha didnt they recently just got hacked? lmao
-
This woman is on to it.
Karen Hudes is a graduate of Yale Law School and she worked in the legal department of the World Bank for more than 20 years. In fact, when she was fired for blowing the whistle on corruption inside the World Bank, she held the position of Senior Counsel.
She was in a unique position to see exactly how the global elite rule the world, and the information that she is now revealing to the public is absolutely stunning. According to Hudes, the elite use a very tight core of financial institutions and mega-corporations to dominate the planet.
Karen HudesThe goal is control. They want all of us enslaved to debt, they want all of our governments enslaved to debt, and they want all of our politicians addicted to the huge financial contributions that they funnel into their campaigns. Since the elite also own all of the big media companies, the mainstream media never lets us in on the secret that there is something fundamentally wrong with the way that our system works.
Remember, this is not some “conspiracy theorist” that is saying these things. This is a Yale-educated attorney that worked inside the World Bank for more than two decades. The following summary of her credentials comes directly from her website…
Karen Hudes studied law at Yale Law School and economics at the University of Amsterdam. She worked in the US Export Import Bank of the US from 1980-1985 and in the Legal Department of the World Bank from 1986-2007. She established the Non Governmental Organization Committee of the International Law Section of the American Bar Association and the Committee on Multilateralism and the Accountability of International Organizations of the American Branch of the International Law Association.
Today, Hudes is trying very hard to expose the corrupt financial system that the global elite are using to control the wealth of the world. During an interview with the New American, she discussed how we are willingly allowing this group of elitists to totally dominate the resources of the planet…
A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned U.S. Federal Reserve. The network has seized control of the media to cover up its crimes, too, she explained. In an interview with The New American, Hudes said that when she tried to blow the whistle on multiple problems at the World Bank, she was fired for her efforts. Now, along with a network of fellow whistleblowers, Hudes is determined to expose and end the corruption. And she is confident of success.
Citing an explosive 2011 Swiss study published in the PLOS ONE journal on the “network of global corporate control,” Hudes pointed out that a small group of entities — mostly financial institutions and especially central banks — exert a massive amount of influence over the international economy from behind the scenes. “What is really going on is that the world’s resources are being dominated by this group,” she explained, adding that the “corrupt power grabbers” have managed to dominate the media as well. “They’re being allowed to do it.”
Previously, I have written about the Swiss study that Hudes mentioned. It was conducted by a team of researchers at the Swiss Federal Institute of Technology in Zurich, Switzerland. They studied the relationships between 37 million companies and investors worldwide, and what they discovered is that there is a “super-entity” of just 147 very tightly knit mega-corporations that controls 40 percent of the entire global economy…
When the team further untangled the web of ownership, it found much of it tracked back to a “super-entity” of 147 even more tightly knit companies – all of their ownership was held by other members of the super-entity – that controlled 40 per cent of the total wealth in the network. “In effect, less than 1 per cent of the companies were able to control 40 per cent of the entire network,” says Glattfelder. Most were financial institutions. The top 20 included Barclays Bank, JPMorgan Chase & Co, and The Goldman Sachs Group.
But the global elite don’t just control these mega-corporations. According to Hudes, they also dominate the unelected, unaccountable organizations that control the finances of virtually every nation on the face of the planet. The World Bank, the IMF and central banks such as the Federal Reserve literally control the creation and the flow of money worldwide.
At the apex of this system is the Bank for International Settlements. It is the central bank of central banks, and posted below is a video where you can watch Hudes tell Greg Hunter of USAWatchdog.com the following…
“We don’t have to wait for anybody to fire the Fed or Bank for International Settlements . . . some states have already started to recognize silver and gold, the precious metals, as currency”
Most people have never even heard of the Bank for International Settlements, but it is an extremely important organization. In a previous article, I described how this “central bank of the world” is literally immune to the laws of all national governments…
An immensely powerful international organization that most people have never even heard of secretly controls the money supply of the entire globe. It is called the Bank for International Settlements, and it is the central bank of central banks. It is located in Basel, Switzerland, but it also has branches in Hong Kong and Mexico City. It is essentially an unelected, unaccountable central bank of the world that has complete immunity from taxation and from national laws. Even Wikipedia admits that “it is not accountable to any single national government.“ The Bank for International Settlements was used to launder money for the Nazis during World War II, but these days the main purpose of the BIS is to guide and direct the centrally-planned global financial system. Today, 58 global central banks belong to the BIS, and it has far more power over how the U.S. economy (or any other economy for that matter) will perform over the course of the next year than any politician does. Every two months, the central bankers of the world gather in Basel for another “Global Economy Meeting”. During those meetings, decisions are made which affect every man, woman and child on the planet, and yet none of us have any say in what goes on. The Bank for International Settlements is an organization that was founded by the global elite and it operates for the benefit of the global elite, and it is intended to be one of the key cornerstones of the emerging one world economic system.
This system did not come into being by accident. In fact, the global elite have been developing this system for a very long time. In a previous article entitled “Who Runs The World? Solid Proof That A Core Group Of Wealthy Elitists Is Pulling The Strings“, I included a quote from Georgetown University history professor Carroll Quigley from a book that he authored all the way back in 1966 in which he discussed the big plans that the elite had for the Bank for International Settlements…
[T]he powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent private meetings and conferences. The apex of the system was to be the Bank for International Settlements in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.
And that is exactly what we have today.
We have a system of “neo-feudalism” in which all of us and our national governments are enslaved to debt. This system is governed by the central banks and by the Bank for International Settlements, and it systematically transfers the wealth of the world out of our hands and into the hands of the global elite.
But most people have no idea that any of this is happening because the global elite also control what we see, hear and think about. Today, there are just six giant media corporations that control more than 90 percent of the news and entertainment that you watch on your television in the United States.
This is the insidious system that Karen Hudes is seeking to expose.
http://www.redicecreations.com/radio/2014/02/RIR-140221.php (http://www.redicecreations.com/radio/2014/02/RIR-140221.php)
-
didnt even read any of the drivel posted here cause I know it will all me worthy of making me vomit.
national debt is a joke. We borrow in our own currency.
Imagine borrowing in your own made up currency. You controlled the amount of currency in circulation.
Worst case scenario is inflation. To hedge that risk own productive assets.
-
didnt even read any of the drivel posted here cause I know it will all me worthy of making me vomit.
national debt is a joke. We borrow in our own currency.
Imagine borrowing in your own made up currency. You controlled the amount of currency in circulation.
Worst case scenario is inflation. To hedge that risk own productive assets.
It's shocking how little we learn from history. We are on borrowed time. The crack-up boom will appear. Then in retrospect comments like this will seem like people lived in a dream world. Note that in Weimar Germany the money printing occurred several years prior to any significant inflation. This lead many to insist that the money printing didn't cause inflation and so became reason to keep doing it. Once the "fuel" started burning nothing could be done to stop it short of issuing a new currency back by hard assets. Prepare accordingly.
-
''bitcoins'' hahaha didnt they recently just got hacked? lmao
No, bitcoin wasn't hacked...
-
No, bitcoin wasn't hacked...
sure ::)
http://business.financialpost.com/2014/03/05/after-albertas-flexcoin-mt-gox-hacked-bitcoin-businesses-face-sting-of-free-wheeling-ways/
http://www.zdnet.com/third-cryptocurrency-exchange-becomes-hacking-victim-loses-bitcoin-7000027052/
Great everyday currency, easy to maintain without a lot of securities ::)
-
Great everyday currency, easy to maintain without a lot of securities ::)
Never gets old!! ;D
-
It's shocking how little we learn from history. We are on borrowed time. The crack-up boom will appear. Then in retrospect comments like this will seem like people lived in a dream world. Note that in Weimar Germany the money printing occurred several years prior to any significant inflation. This lead many to insist that the money printing didn't cause inflation and so became reason to keep doing it. Once the "fuel" started burning nothing could be done to stop it short of issuing a new currency back by hard assets. Prepare accordingly.
weimar republic was totaly different thing and policy.its not so simplicistic as you are, hget your facts striaght.sit down and listen.
the exact opposite as to what happens today in the usa.
first, they used foreign debt instead of printing money to finance themselves.
this is post ww1.
they then monetized their foreign debt,you moron, to repay that.ie they printed money.
can you follow,they used foreign debt, unlike the usa today.
theres much more, you can print as much money you want as long its not released into the economy, inflation is controlable.
by what were the new currency backed in weimar btw?
hard assets, my balls you know by what currencys are backed these days?
do you know that?
-
sure ::)
http://business.financialpost.com/2014/03/05/after-albertas-flexcoin-mt-gox-hacked-bitcoin-businesses-face-sting-of-free-wheeling-ways/
http://www.zdnet.com/third-cryptocurrency-exchange-becomes-hacking-victim-loses-bitcoin-7000027052/
Great everyday currency, easy to maintain without a lot of securities ::)
Hacking an exchange isn't hacking bitcoin... If you harnessed the complete power of the sun and then somehow channeled all that power into computers completely dedicated to hacking, you might be able to hack bitcoin. I think we can agree that won't happen.
-
Hacking an exchange isn't hacking bitcoin... If you harnessed the complete power of the sun and then somehow channeled all that power into computers completely dedicated to hacking, you might be able to hack bitcoin. I think we can agree that won't happen.
True, unless someone finds out how to ''create'' bitcoins, which would not surprise me, its all virtual with no strict regulations... Anyway, bitcoin is losing its credibility due to all these hacking
-
lol, just lol @ proles who haven't the faintest clue of the workings of economics, logic, or politics formulating barely coherent thoughts about such complex issues
I'm glad that the average man has nary an influence over your government's policies -- something that isn't slated to change anytime soon, by the way.
Honestly, does anyone see an alternative to a 'stewardship' model of governance for our republic -- a model where educated, generally less moronic elites dictate policy and occasionally respond to their impressions of public opinion -- when the general man is so deluded?
-
Honestly, does anyone see an alternative to a 'stewardship' model of governance for our republic -- a model where educated, generally less moronic elites dictate policy and occasionally respond to their impressions of public opinion -- when the general man is so deluded?
Yes. Actual democracy instead of representation. Direct vote online. Transitioning toward that would see today's disinterested consent and party line support give way to political engagement and savvy interpretation.
-
Governments around the world are implementing regulation for crypto currencies in anticipation of a global financial reset many deeming it "private money". In the event of any financial calamity, the central banks and governments won't have weeks or even days to come up with a new Bretton Woods. We'll need a worldwide method of transaction immediately. It will be Bitcoin. The infrastructure is already in place. Vendors can set a payment system with Bitcoin in a matter of hours. It's unlikely the masses will trust another fiat currency backed up only by debt. They will flock to Bitcoin backed up by mathematics, open-source, decentralized and noninflationary nature. Everything Wallstreet does can be implemented within Bitcoin code. It is simply amazing. With a modest adoption rate we will see 100k bitcoin. If 1% of the assets in offshore tax haven bank accounts came into Bitcoin, we'd have a value of 2.8 million equivalent US fiat units per full unit of Bitcoin. Believe me, the big boys are considering it right now. Those who stated Bitcoin was in a bubble were completely wrong. This is just the beginning, buy some Bitcoin. The value will flow to the people who deserve it.
You are the 24K of bitcoin it seems. Who's paying you to sell this stuff here?
lol, just lol @ proles who haven't the faintest clue of the workings of economics, logic, or politics formulating barely coherent thoughts about such complex issues
You people are really stupid, and I'm glad that you have nary an influence over your government's policies -- something that isn't slated to change anytime soon, by the way.
Honestly, does anyone see an alternative to a 'stewardship' model of governance for our republic -- a model where educated, generally less moronic elites dictate policy and occasionally respond to their impressions of public opinion -- when the general man is so deluded?
If you want an argument against democracy, look no further than a conversation with your average voter.
-
If you want an argument against democracy, look no further than a conversation with your average voter.
Winston Churchill ^ was a hopeless pupil and went to military school because he couldn't cut it academically. Even there, he struggled and was relegated to the cavalry because they deemed him too dim to do much else and his daddy was too rich to send him to the infantry. He went on to order the useless deaths of many under his command, particularly in the 'soft underbelly' campaign. The dead may have voted differently.
-
Winston Churchill ^ was a hopeless pupil and went to military school because he couldn't cut it academically. Even there, he struggled and was relegated to the cavalry because they deemed him too dim to do much else and his daddy was too rich to send him to the infantry. He went on to order the useless deaths of many under his commandinnocent Germans , particularly in the 'soft underbelly' campaignbombings of Dresden and Frankfurt. The dead may have voted differently.
fixed
-
fixed
Hard to say which war he was a bigger ass in!
-
Hard to say which war he was a bigger ass in!
YEs, the Dardanelles was a complete fiasco.
-
In the late 90s we actually developed a surplus under Clinton. Had we kept going that direction, we might have whittled 10 or 20% off that debt figure by now.
-
Yes. Actual democracy instead of representation. Direct vote online. Transitioning toward that would see today's disinterested consent and party line support give way to political engagement and savvy interpretation.
You've intuited a line of reasoning that is convincing to some: since, for any given individual, their vote doesn't matter, it isn't rational for that individual to pay attention to political issues that they have literally no control over. Why expend the effort to become knowledgeable when nothing you do matters? Conversely, people would be incentivized to reduce their ignorance in the event of a political system where their votes really did matter. So, installing such a system would reduce ignorance due to changed incentives.
There's some evidence from US states that have mechanisms for direct democracy that the outcome would be a proliferation of inefficacious policies combined with about as much ignorance as before -- California, for example.
Further, is it reasonable to demand of the average citizen that they know the fine-grained details of a wide variety of policy debates? Should the average dude be expected to cast an informed vote on whether the US should deactivate the 5th Fleet -- thus saving the US something like $60 billion a year -- and calculate the probability that Iran won't use its asymmetric naval capabilities to close the Strait of Hormuz and thus stymy the flow of oil there, one of a million substantive issues facing policymakers on a daily basis?
I think that it isn't fair (nor reasonable) to expect such knowledge of the average guy toiling away to put food on his family (as Bushy would say). I think that punting such issues off to the common man would lead to even crazier policies out of the world hegemon than we currently see.
What you?
-
In the late 90s we actually developed a surplus under Clinton. Had we kept going that direction, we might have whittled 10 or 20% off that debt figure by now.
The so called "surplus" under Clinton is a fallacy.
-
You've intuited a line of reasoning that is convincing to some: since, for any given individual, their vote doesn't matter, it isn't rational for that individual to pay attention to political issues that they have literally no control over. Why expend the effort to become knowledgeable when nothing you do matters? Conversely, people would be incentivized to reduce their ignorance in the event of a political system where their votes really did matter. So, installing such a system would reduce ignorance due to changed incentives.
There's some evidence from US states that have mechanisms for direct democracy that the outcome would be a proliferation of inefficacious policies combined with about as much ignorance as before -- California, for example.
Further, is it reasonable to demand of the average citizen that they know the fine-grained details of a wide variety of policy debates? Should the average dude be expected to cast an informed vote on whether the US should deactivate the 5th Fleet -- thus saving the US something like $60 billion a year -- and calculate the probability that Iran won't use its asymmetric naval capabilities to close the Strait of Hormuz and thus stymy the flow of oil there, one of a million substantive issues facing policymakers on a daily basis?
I think that it isn't fair (nor reasonable) to expect such knowledge of the average guy toiling away to put food on his family (as Bushy would say). I think that punting such issues off to the common man would lead to even crazier policies out of the world hegemon than we currently see.
What you?
Haven't been to bed for awhile so indulge the retort from the rubber room here.
Key word being 'transition.' It's expected that today's poorly informed and hilariously undereducated (g'day!) population aren't going to do it right. What's second most shameful about political stewardship is that it has atrophied the acumen of the Average Joe. Most shameful is the follow-on conclusion that Joe can't hack it past his surfy (!!) role in the feudal order.
Shit like national defence (nations as an antiquated notion being another topic) is the last thing that Joe gets to have his say on, many moons hence. Proving grounds like local government is a good proving ground. Absurdly small, even. PTA votes. Then municipal ordinances. Township, county, state, etc. Engagement vs apathy is the first battle.
I agree that there will always be realms of information that will be best interpreted by dedicated specialists, and I agree that no one can keep up to date with every issue and continue to make a living, but I can see a bobby slyish New Balance ordained when agenda guards aren't simply installed to oversee issues (like defence 'policy' and spending). Major issues, about which there is overwhelming popular dissent, have been removed from people's hands. If an elected rep proves to be full of shit then there should be an in-term means of popularly voting the guy out. It should need a big %, but it should be possible by popular referendum.
And what's the deal with these Electoral Collegiates? Stewards to select stewards? In mule & farm time, maybe. But this is classic gerrymandering. Count the votes. That's it. Am I misunderstanding?
In ranting conclusion then, my fellow democophalluses, the scales are unbalanced. I have no idea how to eliminate all the government decision makers, and gun-to-head I agree they should remain (selection process reviewed). And I don't know when the magic transparancy of information would suddenly materialise, upon which the decision making process, along with the engaged intellect, depends, but I think there's be a new market for it full of voters deciding for themselves what's bullshit and what isn't on a daily basis.
I'm tired now and still find it clear that there's a gulf between the will of the majority and the actions of those who 'act' on their behalf. I'd like to see it addressed and I think there are ways to do it that wouldn't put the nation at risk while still invigorating the democratic spirit which has been purported to be the life-blood of the place.
-
It's shocking how little we learn from history. We are on borrowed time. The crack-up boom will appear. Then in retrospect comments like this will seem like people lived in a dream world. Note that in Weimar Germany the money printing occurred several years prior to any significant inflation. This lead many to insist that the money printing didn't cause inflation and so became reason to keep doing it. Once the "fuel" started burning nothing could be done to stop it short of issuing a new currency back by hard assets. Prepare accordingly.
omg ur not informed at all. germany didnt borrow in its own currency it borrowed in other currencies which it was forced to pay back in those currencies. THERE HAS BEEN NO COUNTRY IN HISTORY THAT HAS BORROWED THIS MUCH MONEY IN ITS OWN GOD DAMN CURRENCY.
Let us say you borrow from your friend in a currency you control the printing and circulation of. WHO HAS THE POWER? The debtor or the creditor? Ill let you decide but its not hard to figure out.
Let me say again THERE HAS NEVER BEEN A HISTORICAL PRECEDENT FOR WHAT IS GOING ON.
-
Never had a surplus under Clinton - it was the deficit where there was a surplus - that is the yearly debt, like your monthly credit card bill, if you pay $25 extra that month then you have a surplus, but still have a debt or an OVER ALL BALANCE that is still owed -(the national debt), which is different than the deficit which everyone quotes about Clinton
-
Who is this group of global elite people?
-
Who is this group of global elite people?
Those who set the agenda that our elected leaders are following.
They're pushing amnesty for illegal immigrants for example, while that's clearly not in our countries best interest and the majority opposes it.
-
No. It's mathematically impossible. That's just the debt they show you. Count in unfunded liabilities and the debt is anywhere between 70 and 100 TRILLION. Yes, TRILLION. It will never be paid off. Global currency reset is the only answer...or a crash.
LOLOLOLOL.... more deluded than a NeBrew enjoying himself on a CarnivalSlaveShip.
-
Never had a surplus under Clinton - it was the deficit where there was a surplus - that is the yearly debt, like your monthly credit card bill, if you pay $25 extra that month then you have a surplus, but still have a debt or an OVER ALL BALANCE that is still owed -(the national debt), which is different than the deficit which everyone quotes about Clinton
It was a BUDGET surplus. The deficit cant be a surplus by definition. It started decreasing, but never had a chance to get anywhere near zero.
-
http://theeconomiccollapseblog.com/archives/the-u-s-national-debt-has-grown-by-more-than-a-trillion-dollars-in-the-last-12-months
-
Crash has been predicted since 2008, not happening as yet. Another mystery.
There was a stock market crash in 1987 and in 1989, a recession 1990 and in 1991, a near financial crisis in 1998, a recession in 2000, a financial crisis in 2008, a Flash Crash in 2010.
I can predict with 100% accuracy that one of the above will most certainly repeat in the near future. There will be crashes, recessions and financial crisis in the future, followed by periods of prosperity. Mark my words.
El Profeta