Floyd Brown Loc: Milwaukee WI

Well your time much as mine here on Earth is running out.
We have little time left to influence the course of history.

We both have views of what has happened, is happening & what is going to happen.

We both support the Public & Private sectors. (Like it or not) We buy things, pay taxes & vote.

We both see things differently.

But we both see or have seen a time when things just seemed right about America.

What was going on in our earlier years was that much of what was going on was hidden from us. or news wasn't printed about many important evens. History was slanted & is incomplete.

Today we are swamped by the news on much of what is going on in the world.

I would say that we both see things happening that disturb us.

I see the difference in us is that you don't adapt your views to take in what really happened & is happening.

I for one feel that I am seeking with what I feel is an open mind that what has happened, is happening, will happen & what we can do to have more control over our personal life's.

While I don't wish to impose my views on others I do wish to be heard. I do listen to you.

I feel that it is people like you & I that need to seek together answers to what has & is happening.

Others have too much control over what is going on in the World. Control over things that affect our personal life's in unneeded ways.

For if people like you & I can not see or come up with some common ground the forces behind much of what we see wrong will just continue.

Remember we are both here to make the World a better for our self & others.

MarvinSussman

When Congress spends, money enters the economy via Treasury checks written in favor of private individuals, the ONLY legal way for money to enter the economy. The IRS taxes these individuals and some of their money returns to the Treasury. The rest of the money is saved by the individuals. (That’s why we don’t barter for food.)

Therefore, the payment of taxes does not provide money for Congress' spending. The simple truth is that Congress' spending provides money for the payment of taxes. Or where else did the first taxpayer get money to make the first tax payment?

Congress does not need money. It has an infinite supply of money.

Congress borrows so that the Fed can maintain the federal funds rate for bank reserves. Congressional spending adds to bank reserves. Taxing drains some of the bank reserves. Borrowing drains just enough of the bank reserves to maintain the target funds rate that sets the course for all of the interest rates that make the world go round.

The whole idea that we are ''in debt'' is sheer nonsense. Chase Bank is not seriously "in debt" when it sells you a CD. It is in the process of making money. It also has assets to offset its debt to you.
Congress has an infinite supply of assets to pay off its debts.

I believe that the ONLY limit on Congressional spending is the onset of harmful inflation when controlled by moderate long-term interest rates and sufficiently high tax rates on discretionary income and on estates exceeding the amount that can buy Congress and create an hereditary aristocracy.

I also believe that the failure of Congress to spend on infrastructure up to that ONLYlimit is a refusal to “…promote the general Welfare and secure the Blessings of Liberty to ourselves and our Posterity…” as our Founding Liberals demanded in their Preamble to the Constitution.. That failure is an act of treason against your adorable grandchildren.

Ve'hoe

Perfect,,,, Dumber,,, and Dumbest,,, together on Economixxx


HAHAHHAHHAHAHHAHAHHA

the waker Loc: 11th freest nation

The "debt" is still there, while the world utilizes the Petro dollar for trade it can be sustained, only problem is the rest of the world is moving away from the dollar.
No matter how many countries we invade (Iraq, soon to be Syria) and/or influence (Ukraine) we are still losing credibility of the dollar around the world, as we've seen w/ the formation and constantly growing BRICS bank.
It has been a long time strategy of the central banks to get countries in extreme (impossible to pay back) debt (Greece,Cypris) in order to gain they're resources for financial gain, " to gain something, essentially out of nothing " quite ingenious really.
Rest assured, there will be a burden of debt for future generations due to our greedy, unsustainable ways.

MarvinSussman

The dollar is probably too strong now for our own good. We have geopolitical problems but the debt is not one of them.

She Wolf Loc: Currently Georgia

I agree. If we could just get past the labels imposed upon us, we might find we have more in common than we realize. I have been on this site for awhile now. I have noticed on some issues we do seem to agree. On other issues compromise will be necessary on all sides. Somehow compromise has become a dirty word in America. All sides have an attitude of " all or nothing" , which in this diverse society will never happen.

We seem more interested in assigning blame than working to correct the problems. Every group of people in this country has experienced discrimination in one area or another. To me it is not as important to hold on to my righteous indignation then it is to solve the problems for my Grandchildren. This is not the world I wish to leave them.

I do appreciate your posts. I don't always agree with you but that is exactly why I come on this site. If we do not listen to all sides of an issue then we keep our narrow minded views and nothing changes. On a few of the issues on which we disagree
you have convinced me to look at the issue from a different prospective. You are heard and appreciated by some of us.

Ve'hoe

But most of us,,,, cant stand you and your black liberation theology garbage,,,,

She Wolf Loc: Currently Georgia

What black liberation theology? I believe in liberation for all people. Race, gender, or economic status doesn't matter to me but apparently it does to you.

the waker Loc: 11th freest nation

Yeah, keep thinking that.
Even John Kerry, as do many democrats realize if the deal w/ Iran doesn't go though, and start trading theyre resources on our dollar
"the US dollar is doomed"
We would not have had to enact rule 48 twice in two weeks to keep the market from failing if the dollar was strong.
If you don't think there is inflation right now, you better look again, and worse yet its not because of gas prices(which has dropped, as prices have any rocketed), have ya bought any coffee lately?

Ve'hoe

Floyds,,, and it shouldnt matter what color you are,, but to floyd it does,,,, he has just changed his presentation.

She Wolf Loc: Currently Georgia

Sorry, Ve'hoe. I thought you were talking to me and I couldn't see anywhere I said that. My bad.

Ve'hoe

You didnt,,, but in the past floyd has used this "america sucks and stole from the black man" racist bs to try to wheedle welfare for blacks only,,, once called on it, he dressed up his schtick,,, but still promotes the same shiite....

MarvinSussman

The stock market is not the economy. It's a playground.

The Fed is worried about deflation but you are smarter than the Fed.

Stop drinking coffee! It makes you too smart.

Floyd Brown Loc: Milwaukee WI

The general public is in debt to the FEW. The general public have become slaves to the holders of that debt.

How close are we to a war to promote & increase the power of the FEW.

How close are we to the point that a person can no longer question the actions of the FEW.

How can so many cry of lost freedoms & still support those that would steal more pf their freedoms.

Floyd Brown Loc: Milwaukee WI

We build on what we agree on & we tear our self's apart with disagreement.

We will never build any thing solid out of our disagreements.

I see in you the soul of a person that cares to see the need to look for areas of agreement first.

It is all to easy to disagree. To find agreement is a much harder path.