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Bernanke Warns Congress: Don’t Change Law To Review Fed’s Policy Discussions
#1
They don't want us to know. Getting screwed without being kissed.

http://washington.cbslocal.com/2012/10/0...scussions/
"In 4 more OMao years you won't like how America looks....I guarantee it."
“When injustice becomes law, resistance becomes duty.” -- Thomas Jefferson
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#2
Well, how about we can see what they are doing that got us here (granted, the .gov is not solely to blame, but they aren't helping things, either).

Even better, how about they let the market regulate itself... you know, like the free economy it is supposed to be...
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#3
rmagill;17240 Wrote:Well, how about we can see what they are doing that got us here (granted, the .gov is not solely to blame, but they aren't helping things, either).

Even better, how about they let the market regulate itself... you know, like the free economy it is supposed to be...


In my opinion they're totally to blame..

Article I Section 8 of the constitution

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures"

"regulate the value thereof" this is for congress to do, not a private corporation. 1913 is when they sold us out..

They are totally to blame.. I've watched this interview, this is not out of context. you can find the whole interview on youtube

[youtube]O9dVQi-APZ8[/youtube]
With the Second Amendment saying what it says, Why isn't the Federal Government Suing NY
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#4
rmagill;17240 Wrote:Well, how about we can see what they are doing that got us here (granted, the .gov is not solely to blame, but they aren't helping things, either).

Even better, how about they let the market regulate itself... you know, like the free economy it is supposed to be...

YES, PLEASE.

market anarchism, FTW!
[Image: quotes.php]
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#5
andrewjs18;17382 Wrote:
rmagill;17240 Wrote:Well, how about we can see what they are doing that got us here (granted, the .gov is not solely to blame, but they aren't helping things, either).

Even better, how about they let the market regulate itself... you know, like the free economy it is supposed to be...

YES, PLEASE.

market anarchism, FTW!

Is this serious or sarcastic? I can't tell through the internet.

51158;17253 Wrote:
rmagill;17240 Wrote:Well, how about we can see what they are doing that got us here (granted, the .gov is not solely to blame, but they aren't helping things, either).

Even better, how about they let the market regulate itself... you know, like the free economy it is supposed to be...


In my opinion they're totally to blame..

Article I Section 8 of the constitution

"To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures"

"regulate the value thereof" this is for congress to do, not a private corporation. 1913 is when they sold us out..

They are totally to blame.. I've watched this interview, this is not out of context. you can find the whole interview on youtube

[youtube]O9dVQi-APZ8[/youtube]


I don't disagree that the .gov is partially responsible for our economy. However, so are the people who are spending money. Those who are on public assistance because they want to be are creating a "demand" for entitlement programs and support higher taxes.

Going beyond this - and I know this isn't popular I am going to step on toes here - but how many people are in debt? How about credit cards (any balance that carries over from one month to another), car payments, college loans, or even a mortgage? Ideally, Americans in general would have no debt (yes, including for housing). At this point, all of our income could go to productive things instead of paying off more and more debt. I can also see at that point the people of America not standing up for out-of-control government spending and our debts - personal and national - would eventually disappear.

This isn't easy and I'll admit that my wife and I have debt. We didn't fully realize the importance of being debt free until this past year but we are doing all we can to get out of debt. I do honestly and whole-heartedly believe, though, that being debt-free is doable and is to be preferred to being in debt.
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#6
Quote:I don't disagree that the .gov is partially responsible for our economy. However, so are the people who are spending money. Those who are on public assistance because they want to be are creating a "demand" for entitlement programs and support higher taxes.

Going beyond this - and I know this isn't popular I am going to step on toes here - but how many people are in debt? How about credit cards (any balance that carries over from one month to another), car payments, college loans, or even a mortgage? Ideally, Americans in general would have no debt (yes, including for housing). At this point, all of our income could go to productive things instead of paying off more and more debt. I can also see at that point the people of America not standing up for out-of-control government spending and our debts - personal and national - would eventually disappear.

This isn't easy and I'll admit that my wife and I have debt. We didn't fully realize the importance of being debt free until this past year but we are doing all we can to get out of debt. I do honestly and whole-heartedly believe, though, that being debt-free is doable and is to be preferred to being in debt.

Sure "Ideally" you're right, but that's free enterprise. I don't have a problem with a business making money,they make money on our need for instant gratification, "I want it now" . What i have a problem with is our representatives allowing the Federal Reserve to exist.

A country needs a way to exchange goods for labor to exist. to Put, and at present Leave that power in the hands of unelected individuals is criminal. We're not going to change everything at once(if anything at all), I put correcting our money supply at the forefront..
With the Second Amendment saying what it says, Why isn't the Federal Government Suing NY
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#7
51158;17849 Wrote:
Quote:I don't disagree that the .gov is partially responsible for our economy. However, so are the people who are spending money. Those who are on public assistance because they want to be are creating a "demand" for entitlement programs and support higher taxes.

Going beyond this - and I know this isn't popular I am going to step on toes here - but how many people are in debt? How about credit cards (any balance that carries over from one month to another), car payments, college loans, or even a mortgage? Ideally, Americans in general would have no debt (yes, including for housing). At this point, all of our income could go to productive things instead of paying off more and more debt. I can also see at that point the people of America not standing up for out-of-control government spending and our debts - personal and national - would eventually disappear.

This isn't easy and I'll admit that my wife and I have debt. We didn't fully realize the importance of being debt free until this past year but we are doing all we can to get out of debt. I do honestly and whole-heartedly believe, though, that being debt-free is doable and is to be preferred to being in debt.

Sure "Ideally" you're right, but that's free enterprise. I don't have a problem with a business making money,they make money on our need for instant gratification, "I want it now" . What i have a problem with is our representatives allowing the Federal Reserve to exist.

A country needs a way to exchange goods for labor to exist. to Put, and at present Leave that power in the hands of unelected individuals is criminal. We're not going to change everything at once(if anything at all), I put correcting our money supply at the forefront..

And the rub is, putting it in the hands of the present elected officials is INSANE.

The Fed, at least, has a vested interest in everyone making more money... so they make more money. But the .Gov? That money... every last buck... would be burned through and scattered to the winds faster than the Death Star blew up Alderaan.
tolerance for failure meter... LOW
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#8
I agree that the.gov's handling of money needs to change. I also think that the American public needs to take responsability for how we handle money. To ignore one or the other is only going to fix half the problem. Fortunately, both sides can be worked on at the same time.

51158;17849 Wrote:
Quote:I don't disagree that the .gov is partially responsible for our economy. However, so are the people who are spending money. Those who are on public assistance because they want to be are creating a "demand" for entitlement programs and support higher taxes.

Going beyond this - and I know this isn't popular I am going to step on toes here - but how many people are in debt? How about credit cards (any balance that carries over from one month to another), car payments, college loans, or even a mortgage? Ideally, Americans in general would have no debt (yes, including for housing). At this point, all of our income could go to productive things instead of paying off more and more debt. I can also see at that point the people of America not standing up for out-of-control government spending and our debts - personal and national - would eventually disappear.

This isn't easy and I'll admit that my wife and I have debt. We didn't fully realize the importance of being debt free until this past year but we are doing all we can to get out of debt. I do honestly and whole-heartedly believe, though, that being debt-free is doable and is to be preferred to being in debt.

Sure "Ideally" you're right, but that's free enterprise. I don't have a problem with a business making money,they make money on our need for instant gratification, "I want it now" . What i have a problem with is our representatives allowing the Federal Reserve to exist.

A country needs a way to exchange goods for labor to exist. to Put, and at present Leave that power in the hands of unelected individuals is criminal. We're not going to change everything at once(if anything at all), I put correcting our money supply at the forefront..
Reply
#9
Ten*K;17868 Wrote:
51158;17849 Wrote:Sure "Ideally" you're right, but that's free enterprise. I don't have a problem with a business making money,they make money on our need for instant gratification, "I want it now" . What i have a problem with is our representatives allowing the Federal Reserve to exist.

A country needs a way to exchange goods for labor to exist. to Put, and at present Leave that power in the hands of unelected individuals is criminal. We're not going to change everything at once(if anything at all), I put correcting our money supply at the forefront..

And the rub is, putting it in the hands of the present elected officials is INSANE.

The Fed, at least, has a vested interest in everyone making more money... so they make more money. But the .Gov? That money... every last buck... would be burned through and scattered to the winds faster than the Death Star blew up Alderaan.

The Fed has a vested interest in maintaining the status quo. They have a vested interest in making sure the megabanks survive their gambling losses. The Fed has zero interest in your well being. How has Zirp and QE1-3 helped the average person? If you aren't on the JP Morgan or Goldman Sachs bonus list and you don't have access to the Fed's discount window then the Fed hasn't helped you at all. Any benefit from refinancing your house at a low rate is off-set by the damage done to savers by artificially low interest rates. The Fed is an evil institution created by evil men to help the gov and banks steal your money.
Deal_me_in, proud to be a member of pa2a.org since Sep 2012.
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#10
Ten*K;17868 Wrote:And the rub is, putting it in the hands of the present elected officials is INSANE.

QE forever isn't already insane?
The forum poster formerly known as Emoticon...
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