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Debt.

SuSa

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Link to original post: [drupal=1945]Debt.[/drupal]



Ok, so recently I learned a rather...interesting fact.

The US National Bank, loans money to the government - at interest. They also create the money. Causing a perpetual debt.

Government needs money.
Bank loans money at interest.
Government needs money to pay for interest.

Every single dollar made is given with interest. So how do you get the money to pay for this debt? You cannot.

How did this happen? Why did it happen? How does this work?
 

IxxI

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When the original 13 colonies came to the new land they wanted to create an honest money system, but England didn't allow them. Instead, England loaned money to the colonies at interest which was the main reason for wanting independence. Each dollar now has a certain amount of debt. The U.S. banking system has to keep making more money in order to hide the debt, but that doesn't work because each dollar is still debt.

You should watch Zeitgeist The Movie, and Zeitgeist Addendum. I explained really sloppily, they do a way better job.
http://www.zeitgeistmovie.com/

I recommend watching the original movie first. The whole money thing isn't until the third part of the first movie, but everything ties into the third part. Watch the whole thing if you can, it's really interesting.
 

SuSa

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When the original 13 colonies came to the new land they wanted to create an honest money system, but England didn't allow them. Instead, England loaned money to the colonies at interest which was the main reason for wanting independence. Each dollar now has a certain amount of debt. The U.S. banking system has to keep making more money in order to hide the debt, but that doesn't work because each dollar is still debt.

You should watch Zeitgeist The Movie, and Zeitgeist Addendum. I explained really sloppily, they do a way better job.
Want to guess what I just watched? :laugh:

Religious part was fantastic.

This part made me think a bit as well:
"An evil exists that threatens every man, woman, and child of this great nation. We must take steps to ensure our domestic security and protect our homeland."
George W. Bush?
-Adolf Hitler
When announcing the Gestapo to the people
 

SuSa

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I love the explanation of the economic hitman,
I loved it all, and it only further pushed my beliefs.

Luckily I was already an anti-religious person who felt 9/11 was only for the oil. I then learned about the North American Union and how ****ed up the education system and banking systems are.

 

SuSa

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America's leaders are smarter then the public thinks, the public is stupid, the bankers are selfish, I fear a World Government.

I fear more the government tracking me wherever I am.

EDIT:
I've seen the entire movie. Listening to the Addendum now.
 

SuSa

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Oh god, another libertarian
You didn't see my blog about Anarchy, did you?

I think it's partly due to the fact I always believe a human will do something in self-interest no matter who else it harms. Therefore I am against rulers simply because I feel they only have self-interest in their minds.

Considering when I'm the leader of something, I'm thinking more about what I want to gain from it and what I can gain from it by doing so. Whether it be minimal or not. I have my own self-interests in mind. And I've never even been in a real high seat of power. (EG: Government position, etc.)
 

demonictoonlink

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Wow...When I'm a senator, I don't think I'll be in it for me...Though few, there ARE people who do things for the good of life (That's right. Not just the good of the people....) Maybe, deep down, this is for personal gain. I want to help people out, but only because that's what keeps me away from depression. So, yeah, there is always gain, but that is the entire point of doing good. Doing good leads to some form of reward. That's the whole point. I'm not saying I'm truly good (I'm not...) but irl I care about others equally. Their gain is my gain. There is no way to increase theirs without consequently increasing my own.
 

demonictoonlink

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That is why I said few...There are definitely people out there who's only interests have no bearing on their actions. But thanks for stating your point with a complimentary insult...
j/k l/o/l/
I kid. I feed off of your trolling ^^
 

Falconv1.0

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That is why I said few...There are definitely people out there who's only interests have no bearing on their actions. But thanks for stating your point with a complimentary insult...
j/k l/o/l/
I kid. I feed off of your trolling ^^
No, not a few, more like almost everyone. It's not a surprise to anyone, stating it is essentially redundant.
 

demonictoonlink

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I'm not sure if that was read correctly...

If you think: Most people do thing for themselves, but there are a few who do not.
You agree with me.

If you think: Most people do things for themselves...In fact, all people do.
You disagree with me.

If you think: Most people do things out of selflessness.
You are ********
 

Delta-cod

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Oh boy, the self interest argument. There's another blog on that topic around, go read it DTL.

Anyways, that debt thing is quite confusing. So our own banks are putting us into debt? Not quite sure I understand.
 

demonictoonlink

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Why would I read a blog on it? You can experience the subject perfectly through life...

Also, with the banks thing, don't worry about not understanding. I doubt they understand either...
 

SuSa

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Wow...When I'm a senator, I don't think I'll be in it for me...Though few, there ARE people who do things for the good of life (That's right. Not just the good of the people....) Maybe, deep down, this is for personal gain. I want to help people out, but only because that's what keeps me away from depression. So, yeah, there is always gain, but that is the entire point of doing good. Doing good leads to some form of reward. That's the whole point. I'm not saying I'm truly good (I'm not...) but irl I care about others equally. Their gain is my gain. There is no way to increase theirs without consequently increasing my own.
This is going to seem extremely harsh and assholish but I have a question....

What about helping others helps you with depression? I never really understood it because I don't feel the same way. I help others for the benefits I may gain. I know this, and if I feel helping someone isn't worth any possible gain they can give me - I don't help them.

This is an argument for another blog I made however, bring it up there.

@Guy who asked if our own banks are putting us into debt:

Yes, they are. That is exactly how they make money and there is no way that they can lose money by doing so.

 

Delta-cod

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So the banks are putting us into debt? :dizzy:

I can't even think about what to say on that. So the banks are putting our own country into debt, the country they are part of? That sounds really stupid. >_<
 

SuSa

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I suggest you what Zeitgeist to get a much better explanation.

While they are a part of this country, does it matter? They are filthy rich..

Some interesting quotes:

"The world...is a business" (forget whom)
"So long as I have control of a nations money, I do not care who makes the laws." (Believe that is by Rockefeller)
 

demonictoonlink

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*refuses to look up proper blog*

Here's how I see it:

Life=Pointless
God=Bull****
Regardless, if you don't kill yourself early on, you are going to HAVE to experience life. Going back to life being pointless, why would you bother not killing yourself? This brings us to the cool part. I know life is pointless. I don't care if I'm alive or not. Even with this known, I'll do most anything to survive. Survival is just basic human/ life instinct. So, here I am, living. I'm not saying I have a bad life, but there is definitely both bad and good parts. The next part I guess is different for everybody...My mood is strongly dependent on the mood around me. Since I have to deal with life, why wouldn't I want to at least be happy through it? In order to achieve this, I must increase the quality of life for others. Yes, this shows there is personal gain here, but is it really still selfish? No, but this is lucky. My happiness revolves around the happiness of others. That is a blessing. Caring just is who I am. Do I only help others to help myself? No, but I am lucky that it works out that way. I strive for happiness, and happiness depends on the happiness for others. Therefore, my real intent is to create overall happiness.
Obviously this could still be interpreted as selfish, but it this is, what isn't?
 

demonictoonlink

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Exactly. There IS selflessness. All you have to do is change the definition a little ^^

Also, I must not have written that well... Self gain wasn't the only thing... One reason is that life is pointless, so why not help other people enjoy it?
 

SuSa

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Because life is pointless and you are trying to give it a point. Generally that point in life is for yourself..

"Seeing the other side" "changing the definition" doesn't make it any less selfish. People just need to get over the fact that they are indeed selfish. Besides changing the definition slightly, I've yet to see a good argument that selflessness exists.

 

Skadorski

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Hey guys get this:
America owes China ONE TRILLION DOLLARS!!!!!
That was not a typo.
Not million
Not even billion
ONE TRILLION DOLLARS
Seriously is anyone worried about this???? last time i checked, One Trillion is like, A LOT!
 

finalark

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Hey guys get this:
America owes China ONE TRILLION DOLLARS!!!!!
That was not a typo.
Not million
Not even billion
ONE TRILLION DOLLARS
Seriously is anyone worried about this???? last time i checked, One Trillion is like, ALOT!
1: Don't believe a word that the media says when it comes to politics.

2: Last time I checked, "a lot" is two words.
 

highfive

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Wow man. That's a lot of money. Who cares. Just hope that your not the one having to pay the consequences.
 

Skadorski

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1: Don't believe a word that the media says when it comes to politics.

2: Last time I checked, "a lot" is two words.
1: I'm not kidding, say what you want but it is true.
2: I'll ignore the sarcasm and actully change it :)
 

cutter

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This is why you invest in gold. A dollar is nothing more than a useless piece of paper that is only worth something because the government considers it legal tender.

The most extreme results of debt and a weak economy is massive inflation. Zimbabwe has a 231,000,000% (that's right, 231 MILLION percent) inflation rate. They have made 100 trillion dollar bills, which showcases how pathetically worthless their currency is. The Weimar Republic of post-WWI Germany also showed the exact same thing when they were in massive debt from the Allies.

Obviously today, America isn't making 100 trillion dollar bills. But the dollar HAS sunk in value, the inflation rate has increased, and the price of gold has skyrocketed. When fiat currency becomes less valuable, people go back to gold.
 
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