Who died before they collected Social Security? (Page 5): Marvin, at some point, the coining of money is supposed to match production of goods and services, where the value of the...

CounterRevolutionary

MarvinSussman wrote:

Congress has an infinite supply of money. The voters are too stupid to ask for raises in SS because the idiots believe that the money is all spent and there is nothing left.

US Constitution, Article I, Section 8: "Congress shall have the power to...coin money..." Period. No limit is specified.

The problem is that half of the voters have below-average IQ. And half of the the other half are ignorant beyond belief, as these posts will prove.

Marvin, at some point, the coining of money is supposed to match production of goods and services, where the value of the dollar is a constant, (time is money, etc.). Otherwise, human trust in trade and labor vanishes, like today.

CounterRevolutionary

Nickolai wrote:

California has some of the highest taxes in the na... (show quote)

a) the Zionists don't own the banks. Try Chase, Rockefeller, Averill Harriman, and Jack Stephens, and oh yes, Warren Buffett is the biggest share holder in Wells Fargo.
b) Yes, California as a beautiful park for the Hollywood crowd and rich and famous. Last I heard, 3,000 poor people a day were leaving the state due to the housing crisis and lack of employment. Oh, yeah, "tax the rich" and it mysteriously gets passed on to the poor.

CounterRevolutionary

Watch this for your entertainment:
http://www.c-span.org/video/?320612-1/hearing-irs-oversight
IRS John Koskinen testifies: "IRS Targeting of Conservative Groups"
regarding Lois Lerner and some 20 additional computer crashes at the IRS. Koskinen testifies 3rd time this month, last time before Ways & Means Committee
California Congressman Rep. Darrell Issa begins session

MarvinSussman

PeterS wrote:

I'm not arguing that Marv. My point is that come t... (show quote)

No, it does not come from your wallet. It comes from a Treasury keyboard. If inflation ever becomes a problem, the Fed will raise the interest rate and stop bank lending, the true cause of inflation.

PoppaGringo Loc: Muslim City, Mexifornia, B.R.

Carol Kelly wrote:

They've been printing useless money. Obama may not have started it, but he's been a big promotor of it.it takes a lot of money to live in the lavish style to which he and the most beautiful First Lady ever have grown accustomed on our ticket.

..."the most beautiful First Lady ever"... To whom are you referring? Jackie, Nancy, Laura, or? Most assuredly not the ugly fatso now occupying the White House.

MarvinSussman

PoppaGringo wrote:

..."the most beautiful First Lady ever"... To whom are you referring? Jackie, Nancy, Laura, or? Most assuredly not the ugly fatso now occupying the White House.

That's P.G., always dignified, first class, and ready for kindergarten!

Nickolai

CounterRevolutionary wrote:

a) the Zionists don't own the banks. Try Chase, Rockefeller, Averill Harriman, and Jack Stephens, and oh yes, Warren Buffett is the biggest share holder in Wells Fargo.
b) Yes, California as a beautiful park for the Hollywood crowd and rich and famous. Last I heard, 3,000 poor people a day were leaving the state due to the housing crisis and lack of employment. Oh, yeah, "tax the rich" and it mysteriously gets passed on to the poor.

Yes that's a problem in the coastal areas SF and Silicon Valley are becoming gentrified the poor aren't leaving the state they are just moving away from the coast the population is growing causing gridlock in the metro areas

PoppaGringo Loc: Muslim City, Mexifornia, B.R.

MarvinSussman wrote:

That's P.G., always dignified, first class, and ready for kindergarten!

Yep, and to show how thoughtful he is he reserved a seat for Marxie Marvin.

MarvinSussman

CounterRevolutionary wrote:

Marvin, at some point, the coining of money is supposed to match production of goods and services, where the value of the dollar is a constant, (time is money, etc.). Otherwise, human trust in trade and labor vanishes, like today.

The proof that Congress is not spending enough money is that the Fed, for seven years, has failed to reach 2% inflation.

When will you wake up?

Louie27 Loc: Peoria, AZ

MarvinSussman wrote:

Spending does not come from the Trust Fund. It comes from the Treasury's infinite supply of money.

See Article I, Section 8 of the Constitution:

"Congress shall have the power...To coin Money...

Period.

I said that it did not come from the trust fund. I said they use the interest the fund has earned, toward government spending.

CounterRevolutionary

MarvinSussman wrote:

The proof that Congress is not spending enough money is that the Fed, for seven years, has failed to reach 2% inflation.

When will you wake up?

Marvin, the Federal Reserve Bank is the source of the inflation, printing hundreds of trillions of dollars beyond our $15 trillion GDP in these "bailouts." It's like a mad dog chasing its tail.

MarvinSussman

CounterRevolutionary wrote:

Marvin, the Federal Reserve Bank is the source of the inflation, printing hundreds of trillions of dollars beyond our $15 trillion GDP in these "bailouts." It's like a mad dog chasing its tail.

The Fed does not add money to the economy. It trades cash for the equivalent asset.

Sorry to have made a fool of you.

PoppaGringo Loc: Muslim City, Mexifornia, B.R.

MarvinSussman wrote:

The Fed does not add money to the economy. It trades cash for the equivalent asset.

Sorry to have made a fool of you.

You are the fool. Just like all you Marxists.

MarvinSussman

PoppaGringo wrote:

You are the fool. Just like all you Marxists.

But I have the last word: Nyah! Nyah! Kindergarten's closed.

MarvinSussman

PoppaGringo wrote:

You are the fool. Just like all you Marxists.

But I have the last word: nyah! nyah!