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OWS Protestor vents about the Federal Reserve and FIAT currency

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True Earthling Donating Member (373 posts) Send PM | Profile | Ignore Wed Oct-05-11 02:37 PM
Original message
OWS Protestor vents about the Federal Reserve and FIAT currency
Obviously a Ron Paul supporter... makes some good points about corporations infecting politics and gov't policy...

http://www.youtube.com/watch?v=uZmPWcLQ1Mk&feature=player_embedded
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blogslut Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 02:40 PM
Response to Original message
1. Paul Zealots make me laugh
They're so cherry-picky about their chosen leader's actual views.
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Tarheel_Dem Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 02:43 PM
Response to Reply #1
2. "cherry-picky about their chosen leader's actual views."
:thumbsup:
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banned from Kos Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 02:51 PM
Response to Original message
3. that guy has a future as a Teabagger Congressman n/t
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 03:28 PM
Response to Original message
4. "Follow the money"
and the trail leads to Fed, ECB, BIS, IMF, World Bank etc. etc. The institutions of unfettered financial capitalism, institutions of the tenth of 1%.

We - this planet and human race as part of it - cannot afford the currenct financial system that is based on interest and debt and infinite continuous growth. Ford said: "If people understood the way money is created, there would be revolution the next morning.". Those who control the amount of money, control everything. And we 99% ain't those.

I'm not Capitalist-"Libertarian", but to reject an idea or criticism just because it can be associated with the "wrong people" is not rational. It is stupid tribalistic partisan hacksterism, divisive us-against-them loserism.
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banned from Kos Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 03:33 PM
Response to Reply #4
5. OK - you baited at least one person.
How should money be created?
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tama Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Oct-05-11 04:47 PM
Response to Reply #5
6. My favourite idea
is as citizens salary. Every citizen gets same amount of money from Peoples Central Bank per month or year or whatever. Purchasing power of money created as citizens salary depends from what nature gives and people produce for the market - free market, supply and demand, all that jazz, just cut the private banks, interest and debt out from money creation. Various taxes etc. control the total amount of money and curb inflation by withdrawing money from the market. Lot's of devils in the details, but that's the rough idea and it's pretty simple and equal.
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