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DottoreWolfe
Doctor Wolfe


Registered: 02/21/15
Posts: 201
Last seen: 5 months, 12 days
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Haha yeah I get the "word is my bond" the above videos are for everyone one else xD
-------------------- Everything I post should be regarded as wholly fictitious or hypothetical, nothing I post has any basis in reality.
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thewanderer25
Special Karma



Registered: 08/11/13
Posts: 1,642
Loc: Hyperspace
Last seen: 8 years, 2 months
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True true im probably just drunk but he seems chill. Something tells me he would kill a lot of people because bush seemed like that too then he killed jihadists. But who cares about iraq anyways its a shithole fuck them burning our flag though. I want to see what he says about weed in particular and reforming the criminal justice system because that's the two most important things that affect me on a daily basis.
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DottoreWolfe
Doctor Wolfe


Registered: 02/21/15
Posts: 201
Last seen: 5 months, 12 days
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Quote:
thewanderer25 said: True true im probably just drunk but he seems chill. Something tells me he would kill a lot of people because bush seemed like that too then he killed jihadists. But who cares about iraq anyways its a shithole fuck them burning our flag though. I want to see what he says about weed in particular and reforming the criminal justice system because that's the two most important things that affect me on a daily basis.
Here he is, he supports legalisation by letting states decide. He tried to pass a bill, recently, that would make it federal law to let states chose their own marijuana regulations.
-------------------- Everything I post should be regarded as wholly fictitious or hypothetical, nothing I post has any basis in reality.
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paperbackwriter
Edward Lear


Registered: 03/31/14
Posts: 1,888
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Quote:
thewanderer25 said: I like him I really do but im drunk as hell and much more republican when drinking whisky after my hangover ill review this but im still going for bernie sanders because my word is bond. But I like the man what a magnificent beast.
He has nice hair. Nicer when I'm drunk. Most rebups don't swing that way but maybe I'm stereotyping.
-------------------- Why should we strive with cynic frown To knock their fairy castles down? ~ Eliza Cook It's rather embarrassing to have given one's entire life to pondering the human predicament and to find that in the end one has little more to say than, 'Try to be a little kinder.' ~Aldous Huxley
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KauaiOrca
Waterman


Registered: 08/12/08
Posts: 3,131
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Problem is, we are in a global economy. It's not easy at all for a single country, even one as big as the US, to just kinda go in a new direction and disconnect from all the pressure that comes from the global economy. I don't think Presidents are ENTIRELY puppets, although they are heavily influenced, I just don't think the systems offers a lot of choices that don't have some really serious short term negative consequences.
For instance, the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero ... but the consequences from the global financial system would be extreme.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Who Is Voting For Trump? [Re: KauaiOrca]
#22073089 - 08/10/15 06:59 PM (8 years, 5 months ago) |
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>the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero
That's nonsense. Dollars are federal reserve notes. It sounds like you are proposing some sort of qe scheme which as you said, would not work.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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KauaiOrca
Waterman


Registered: 08/12/08
Posts: 3,131
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Re: Who Is Voting For Trump? [Re: Stonehenge]
#22073106 - 08/10/15 07:02 PM (8 years, 5 months ago) |
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Quote:
Stonehenge said: >the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero
That's nonsense. Dollars are federal reserve notes. It sounds like you are proposing some sort of qe scheme which as you said, would not work.
The consequences are unknown, of course, but it is legal and it would work. The US Government has the authority to print its own currency but currently (since 1913) has chosen to "rent" it from the Federal Reserve. If they wanted, they could simply mint a 10 Trillion dollar coin, take it to the Federal Reserve and settle the account. They could effectively cancel out all the Federal Reserve Notes and replace them with true US Treasury Dollars.
It's been done before, BTW.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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Achillita
Back to the basics



Registered: 05/26/14
Posts: 4,565
Last seen: 3 years, 10 days
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Re: Who Is Voting For Trump? [Re: KauaiOrca]
#22073132 - 08/10/15 07:06 PM (8 years, 5 months ago) |
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Doesn't that cause inflation, and devalue the US dollar nearly immediately?
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KauaiOrca
Waterman


Registered: 08/12/08
Posts: 3,131
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Re: Who Is Voting For Trump? [Re: Achillita]
#22073166 - 08/10/15 07:12 PM (8 years, 5 months ago) |
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Quote:
Achillita said: Doesn't that cause inflation, and devalue the US dollar nearly immediately?
It would be a one for one swap, theoretically if the US said it would no longer honor Federal Reserve Notes. The US would effectively be REPLACING Federal Reserve Notes with US Treasury Currency, which frankly, is exactly what is intended with the Constitution.
Of course, the bigger unknown is how would Congress manage the money supply? It would then be subject to the obvious issues of the political cycle which is likely the biggest benefit of having a central bank that exists, to some extent, outside that cycle.
A better solution would be for the US to gradually introduce a COMPETING currency with US Treasury Dollars that are NOT debt based. ... Lincoln and Kennedy both did this and I'm not suggesting they were killed because of it, but the following President eliminated the new issuing of those US Treasury Dollars immediately upon taking office.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 2 hours, 12 minutes
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Re: Who Is Voting For Trump? [Re: KauaiOrca]
#22073252 - 08/10/15 07:31 PM (8 years, 5 months ago) |
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Quote:
KauaiOrca said: Problem is, we are in a global economy. It's not easy at all for a single country, even one as big as the US, to just kinda go in a new direction and disconnect from all the pressure that comes from the global economy. I don't think Presidents are ENTIRELY puppets, although they are heavily influenced, I just don't think the systems offers a lot of choices that don't have some really serious short term negative consequences.
For instance, the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero ... but the consequences from the global financial system would be extreme.
If Obama isn't a puppet, he's the biggest hypocrite of all time. So what is it, is he a puppet, a hypocrite, or just incompetent?
Why has the largest gap in wealth and income inequality (in 80 years) occurred under his term? I thought he was the President for the disadvantaged? What happened?
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DottoreWolfe
Doctor Wolfe


Registered: 02/21/15
Posts: 201
Last seen: 5 months, 12 days
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Re: Who Is Voting For Trump? [Re: qman]
#22073314 - 08/10/15 07:41 PM (8 years, 5 months ago) |
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Quote:
qman said:
Quote:
KauaiOrca said: Problem is, we are in a global economy. It's not easy at all for a single country, even one as big as the US, to just kinda go in a new direction and disconnect from all the pressure that comes from the global economy. I don't think Presidents are ENTIRELY puppets, although they are heavily influenced, I just don't think the systems offers a lot of choices that don't have some really serious short term negative consequences.
For instance, the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero ... but the consequences from the global financial system would be extreme.
If Obama isn't a puppet, he's the biggest hypocrite of all time. So what is it, is he a puppet, a hypocrite, or just incompetent?
Why has the largest gap in wealth and income inequality (in 80 years) occurred under his term? I thought he was the President for the disadvantaged? What happened?
What happened was the beginning of socialism.
-------------------- Everything I post should be regarded as wholly fictitious or hypothetical, nothing I post has any basis in reality.
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 2 hours, 12 minutes
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Quote:
DottoreWolfe said:
Quote:
qman said:
Quote:
KauaiOrca said: Problem is, we are in a global economy. It's not easy at all for a single country, even one as big as the US, to just kinda go in a new direction and disconnect from all the pressure that comes from the global economy. I don't think Presidents are ENTIRELY puppets, although they are heavily influenced, I just don't think the systems offers a lot of choices that don't have some really serious short term negative consequences.
For instance, the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero ... but the consequences from the global financial system would be extreme.
If Obama isn't a puppet, he's the biggest hypocrite of all time. So what is it, is he a puppet, a hypocrite, or just incompetent?
Why has the largest gap in wealth and income inequality (in 80 years) occurred under his term? I thought he was the President for the disadvantaged? What happened?
What happened was the beginning of socialism.
There's no more socialism than when he started, there's plenty of crony capitalism, but not more socialism.
More socialism wouldn't have created the massive wealth disparity we have today.
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Stonehenge
Alt Center


Registered: 06/20/04
Posts: 14,850
Loc: S.E.
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Re: Who Is Voting For Trump? [Re: KauaiOrca]
#22073475 - 08/10/15 08:09 PM (8 years, 5 months ago) |
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KO, all you are saying is lets repudiate all the money in circulation. Depositing a $10T note or coin does nothing. It would mean usa cash was worthless and no longer honored which would be the end of our economy and plunge the world into a major depression. If you are saying people could trade in the usual currency for some new currency, I don't see any advantage to that. You are clear as mud.
-------------------- “A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.” (attributed to Alexis de Tocqueville political philosopher Circa 1835) Trade list http://www.shroomery.org/forums/showflat.php/Number/18047755
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DottoreWolfe
Doctor Wolfe


Registered: 02/21/15
Posts: 201
Last seen: 5 months, 12 days
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Re: Who Is Voting For Trump? [Re: qman] 1
#22073543 - 08/10/15 08:20 PM (8 years, 5 months ago) |
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Yeah, I would say there is more socialism namely because of socialized healthcare. There is plenty of capitalism, but now there is a little less. And yes I believe more socialism would have created the massive wealth disparity we see today. Look at almost any country that are socialist/capitalist cuba, laos, Vietnam, Bangladesh, Guyana, India, Democratic people's republic of Korea, sri lanka and Tanzania). And whilst capitalism and socialism aren't truly mutually exclusive, undoubtedly they affect one another. Compare these socialist countries with the most capitalist countries in the world US, Japan, New Zealand, Western Europe, Australia, Germany, China, UK, etc., And you will see a trend which proclaims that while some Capitalist countries may have a huge wealth gap, they also tend to have a far greater standards of living compared to non capitalist countries.
-------------------- Everything I post should be regarded as wholly fictitious or hypothetical, nothing I post has any basis in reality.
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 35 minutes, 41 seconds
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Flat taxes, fair taxes, and any other newspeak variant of the two only serves the wealthy. Anybody who doesn't see that should unplug their internet.
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 35 minutes, 41 seconds
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Quote:
DottoreWolfe said:
Quote:
qman said:
Quote:
KauaiOrca said: Problem is, we are in a global economy. It's not easy at all for a single country, even one as big as the US, to just kinda go in a new direction and disconnect from all the pressure that comes from the global economy. I don't think Presidents are ENTIRELY puppets, although they are heavily influenced, I just don't think the systems offers a lot of choices that don't have some really serious short term negative consequences.
For instance, the US could decide to pay off all its Federal Reserve Notes Debt with a single check directly from the US Treasury with US Dollars (not federal reserve notes) This is perfectly legal and it would effectively bring the US debt load to zero ... but the consequences from the global financial system would be extreme.
If Obama isn't a puppet, he's the biggest hypocrite of all time. So what is it, is he a puppet, a hypocrite, or just incompetent?
Why has the largest gap in wealth and income inequality (in 80 years) occurred under his term? I thought he was the President for the disadvantaged? What happened?
What happened was the beginning of socialism.
The beginning of socialism in America started long before Obama's grandparents were born.
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DottoreWolfe
Doctor Wolfe


Registered: 02/21/15
Posts: 201
Last seen: 5 months, 12 days
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Quote:
The Ecstatic said: Flat taxes, fair taxes, and any other newspeak variant of the two only serves the wealthy. Anybody who doesn't see that should unplug their internet.
If government should treat everyone as equals, then why should some people pay a higher percentage? I am all for deductions, but a flat tax is the only true fair system.
-------------------- Everything I post should be regarded as wholly fictitious or hypothetical, nothing I post has any basis in reality.
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The Ecstatic
Chilldog Extraordinaire


Registered: 11/11/09
Posts: 33,369
Loc: 'Merica
Last seen: 35 minutes, 41 seconds
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Quote:
DottoreWolfe said:
Quote:
The Ecstatic said: Flat taxes, fair taxes, and any other newspeak variant of the two only serves the wealthy. Anybody who doesn't see that should unplug their internet.
If government should treat everyone as equals, then why should some people pay a higher percentage? I am all for deductions, but a flat tax is the only true fair system.
The only true fair system is communism.
Now being fair doesn't sound so appealing does it?
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qman
Stranger

Registered: 12/06/06
Posts: 34,927
Last seen: 2 hours, 12 minutes
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Quote:
DottoreWolfe said: Yeah, I would say there is more socialism namely because of socialized healthcare. There is plenty of capitalism, but now there is a little less. And yes I believe more socialism would have created the massive wealth disparity we see today. Look at almost any country that are socialist/capitalist cuba, laos, Vietnam, Bangladesh, Guyana, India, Democratic people's republic of Korea, sri lanka and Tanzania). And whilst capitalism and socialism aren't truly mutually exclusive, undoubtedly they affect one another. Compare these socialist countries with the most capitalist countries in the world US, Japan, New Zealand, Western Europe, Australia, Germany, China, UK, etc., And you will see a trend which proclaims that while some Capitalist countries may have a huge wealth gap, they also tend to have a far greater standards of living compared to non capitalist countries.

"because of socialized health care"
The ACA is NOT socialized health care, it's private companies making profits for shareholders, that's not socialism. The fact that these private companies are sometimes being subsidized by the taxpayer still doesn't make it socialism, it's crony capitalism.
If you're attempting to make the case the capitalism creates a direct correlation to prosperity and socialism creates poverty you have failed.
Germany, France, Netherlands, Japan, Australia, New Zealand, Canada, UK, are considered to practice socialism in many aspects, I don't think anyone would say they have the massive wealth inequality the US has today.
Cuba and those other third world nations are only socialist in name only, they're basically very poor countries under dictatorships.
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KauaiOrca
Waterman


Registered: 08/12/08
Posts: 3,131
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Re: Who Is Voting For Trump? [Re: Stonehenge]
#22073674 - 08/10/15 08:46 PM (8 years, 5 months ago) |
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Quote:
Stonehenge said: KO, all you are saying is lets repudiate all the money in circulation. Depositing a $10T note or coin does nothing. It would mean usa cash was worthless and no longer honored which would be the end of our economy and plunge the world into a major depression. If you are saying people could trade in the usual currency for some new currency, I don't see any advantage to that. You are clear as mud.
Not repudiate, replace. The Federal Reserve Notes in circulation are all borrowed and the US government pays interest on it as to most of us in one way or another.
The Treasury has authority to issue currency directly, without borrowing from the Central Bank. I think most people don't understand how that works. Nor do they understand fractional reserve banking that creates enormous levels of debt, inflation, etc.
Instead, the Treasury could simply issue currency directly, replace federal reserve notes and would not be saddled with ANY interest payments to the Federal Reserve. For perspective, right now, interest on the debt is 350 billion a year. If the US Treasury issued currency directly that problem would be eliminated. Other problems would be created of course.
-------------------- "The universe is endless, limitless and infinite. Any effort to define it's boundaries is an attempt to overcome ignorance. We are physical, mental and spiritual beings ... there is no beginning and there is no end. There is only memory. Our repeated loss of memory experiences create the illusion of beginnings and ends. Immortality is the ability to retain full memory through all consciousness transformations. Loss of memory is man's greatest curse and, in very real terms, death." -- Ancient Taoist Master
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