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Checks & Balances are needed on the Banking system.
Aug 29, 2016 12:03:23   #
Floyd Brown Loc: Milwaukee WI
 
Banking is a key part of Capitalism.
Banking is needed to handle the transfer of money on transactions that are a part of any system.

The baking system has been used to transfer wealth in to fewer hands.

This has allowed the same group to control both the Market Place & Government.

A system of Checks & Balances on banking is needed to restore a fairer system.

To allow basically the same people to control both sides of the issue is what is driving the rest of Us to pay the cost of both side of the issue while receiving little or none of the gains that have been made in what is taking place.

I am sure there is some one who could put this in better words. I hope that some see the basic issue I am trying to point out.

Reply
Aug 29, 2016 14:04:48   #
CounterRevolutionary
 
Floyd Brown wrote:
Banking is a key part of Capitalism.
Banking is needed to handle the transfer of money on transactions that are a part of any system.

The baking system has been used to transfer wealth in to fewer hands.

This has allowed the same group to control both the Market Place & Government.

A system of Checks & Balances on banking is needed to restore a fairer system.

To allow basically the same people to control both sides of the issue is what is driving the rest of Us to pay the cost of both side of the issue while receiving little or none of the gains that have been made in what is taking place.

I am sure there is some one who could put this in better words. I hope that some see the basic issue I am trying to point out.
Banking is a key part of Capitalism. br Banking ... (show quote)


Capitalism is not the problem, Socialism is the problem!

Floyd, Congress has passed the Sarbanes-Oxley Law (the Truth in Accounting Act) since the collapse of Enron and Arthur Anderson and their cooking the books. This law applies to the private banking community as well as other industry.

The real problem is that Sarbanes-Oxley does not apply to the government and its banks: The Federal Reserve Bank, the Federal Housing Authority Bank, the Export-Import Bank, the World Bank, the Overseas Pacific Investment Corporation, and the International Monetary Fund or the Security Exchange Commission, or the US Treasury or any other of the 645 US government bureaucracies.

In fact, the unconstitutional US government's central bank, the Federal Reserve Bank, established in 1913, has never been fully audited since its inception over 100 years ago. Go figure. We don't even know what the real cause of our inflation is that eats up our life savings and punishes hard honest work. Believe me, if you or I printed an extra $16 trillion dollars in our basement, as did the Fed back in 2009 to bailout the European banks, we'd be in jail.

Reply
Aug 29, 2016 20:16:02   #
Floyd Brown Loc: Milwaukee WI
 
CounterRevolutionary wrote:
Capitalism is not the problem, Socialism is the problem!

Floyd, Congress has passed the Sarbanes-Oxley Law (the Truth in Accounting Act) since the collapse of Enron and Arthur Anderson and their cooking the books. This law applies to the private banking community as well as other industry.

The real problem is that Sarbanes-Oxley does not apply to the government and its banks: The Federal Reserve Bank, the Federal Housing Authority Bank, the Export-Import Bank, the World Bank, the Overseas Pacific Investment Corporation, and the International Monetary Fund or the Security Exchange Commission, or the US Treasury or any other of the 645 US government bureaucracies.

In fact, the unconstitutional US government's central bank, the Federal Reserve Bank, established in 1913, has never been fully audited since its inception over 100 years ago. Go figure. We don't even know what the real cause of our inflation is that eats up our life savings and punishes hard honest work. Believe me, if you or I printed an extra $16 trillion dollars in our basement, as did the Fed back in 2009 to bailout the European banks, we'd be in jail.
Capitalism is not the problem, Socialism is the pr... (show quote)


Okay have it your way the banking system is not apart of the Capitalism System & those benefiting from it must be Socialists.

Well what ever you wish to label those in control as we should all use that term. Have you ever looked closely at how the tax laws favor the taxation of money earned on money much more favorable than the tax burden of wages of labor & the sales tax on consumer goods & services.

So do we or don't we have a system of Capitalism or not. If we do what is it's role & how did it get it & keeps it's power over so much?.

I say that one only need to look where the wealth all ends up to see where the problem extends from.

Please tell me why so much money is spent on Political interest when after it is all over most of the money ends up in a few Pockets?

Well keep blaming the poor man on the street. This socialist government isn't doing much of any thing for the poor man on the street.

As I see it you will still blame the government that is controlled by the few for the problem. That it is the poor to blame & those that have every thing are the victims here.

I await further clarification from you because I just don't see where the problems really are coming from in you assessment of the issue.

Reply
 
 
Aug 29, 2016 21:51:25   #
CounterRevolutionary
 
Floyd Brown writes: Okay have it your way the banking system is not apart of the Capitalism System & those benefiting from it must be Socialists.
I did not write that. What I am saying is that government banks are not private banks and all the banks should be audited.

Well what ever you wish to label those in control as we should all use that term. Have you ever looked closely at how the tax laws favor the taxation of money earned on money much more favorable than the tax burden of wages of labor & the sales tax on consumer goods & services.
Yes. The solution is elimination of all taxes on production and only levying a consumption tax. Of course, then we would have to limit the size of the Federal Government and return authority to the states under the 10th Amendment. Why punish production and growth?

So do we or don't we have a system of Capitalism or not. If we do what is it's role & how did it get it & keeps it's power over so much?.
We currently do not have a system of Capitalism. We are officially socialist. We have passes the tipping point of the size and scope of the Government according to the Laffer Curve and the Armey Curve.

I say that one only need to look where the wealth all ends up to see where the problem extends from.
Absolutely. The problem stems from corporate cronyism merging with big government, Mussolini style fascist/socialism.

Please tell me why so much money is spent on Political interest when after it is all over most of the money ends up in a few Pockets?
Are you referring to the "agents of influence" in the lobbyist industry and the hundreds of thousands of laws in the Federal Registrar? Or, are you referring to the 74,000 page IRS tax code laws and legal loopholes? There are some 35,000 fulltime lobbyists in Washington today and only 535 men in congress. Fascinating, isn't it? Not exactly a representative government, is it?

Well keep blaming the poor man on the street. This socialist government isn't doing much of any thing for the poor man on the street.
Get a clue as how welfare for the masses works! Just take a look at the $2 billion Clinton Foundation, 10% for charity, 90% overhead. Please promise me you are not going to vote for Hillary!

As I see it you will still blame the government that is controlled by the few for the problem. That it is the poor to blame & those that have every thing are the victims here.
If the poor would register to vote and put Trump in office, we would have good paying jobs! 80% of all jobs are in small businesses.

I await further clarification from you because I just don't see where the problems really are coming from in you assessment of the issue.
We have a problem in America infusing socialism into capitalism. The government is not Robin Hood, it only grows in its own weight and girth, more like Garfield the Cat.

Floyd, please take a look at this website and tell us what you think?
http://www.thirty-thousand.org/
Latest Developments
Read “Taking Back Our Republic”, a new pamphlet from Thirty-Thousand.org
Learn about the relationship between Freedom and Legislative District Sizes


The first thing Trump and Pence should do on day one in office is auction off the 645 government bureaucracies to the private sector the same way President Boris Yeltsin did to save the new Russian Federation from bankruptcy. Congress can consult the "ex-bureaucratic experts" as think tanks when needed.

Reply
Aug 30, 2016 15:12:25   #
Floyd Brown Loc: Milwaukee WI
 
CounterRevolutionary wrote:
Floyd Brown writes: Okay have it your way the banking system is not apart of the Capitalism System & those benefiting from it must be Socialists.
I did not write that. What I am saying is that government banks are not private banks and all the banks should be audited.

Well what ever you wish to label those in control as we should all use that term. Have you ever looked closely at how the tax laws favor the taxation of money earned on money much more favorable than the tax burden of wages of labor & the sales tax on consumer goods & services.
Yes. The solution is elimination of all taxes on production and only levying a consumption tax. Of course, then we would have to limit the size of the Federal Government and return authority to the states under the 10th Amendment. Why punish production and growth?

So do we or don't we have a system of Capitalism or not. If we do what is it's role & how did it get it & keeps it's power over so much?.
We currently do not have a system of Capitalism. We are officially socialist. We have passes the tipping point of the size and scope of the Government according to the Laffer Curve and the Armey Curve.

I say that one only need to look where the wealth all ends up to see where the problem extends from.
Absolutely. The problem stems from corporate cronyism merging with big government, Mussolini style fascist/socialism.

Please tell me why so much money is spent on Political interest when after it is all over most of the money ends up in a few Pockets?
Are you referring to the "agents of influence" in the lobbyist industry and the hundreds of thousands of laws in the Federal Registrar? Or, are you referring to the 74,000 page IRS tax code laws and legal loopholes? There are some 35,000 fulltime lobbyists in Washington today and only 535 men in congress. Fascinating, isn't it? Not exactly a representative government, is it?

Well keep blaming the poor man on the street. This socialist government isn't doing much of any thing for the poor man on the street.
Get a clue as how welfare for the masses works! Just take a look at the $2 billion Clinton Foundation, 10% for charity, 90% overhead. Please promise me you are not going to vote for Hillary!

As I see it you will still blame the government that is controlled by the few for the problem. That it is the poor to blame & those that have every thing are the victims here.
If the poor would register to vote and put Trump in office, we would have good paying jobs! 80% of all jobs are in small businesses.

I await further clarification from you because I just don't see where the problems really are coming from in you assessment of the issue.
We have a problem in America infusing socialism into capitalism. The government is not Robin Hood, it only grows in its own weight and girth, more like Garfield the Cat.

Floyd, please take a look at this website and tell us what you think?
http://www.thirty-thousand.org/
Latest Developments
Read “Taking Back Our Republic”, a new pamphlet from Thirty-Thousand.org
Learn about the relationship between Freedom and Legislative District Sizes


The first thing Trump and Pence should do on day one in office is auction off the 645 government bureaucracies to the private sector the same way President Boris Yeltsin did to save the new Russian Federation from bankruptcy. Congress can consult the "ex-bureaucratic experts" as think tanks when needed.
Floyd Brown writes: Okay have it your way the bank... (show quote)


I lack the ability to put the words down in a way that you would or could grasp what I am trying to convey. We see things in a vastly different way & your answers represent views on issue that are a part of the problems we face.

I am sure your are well meaning & you truly feel that what you feel is what is best. But I don't plan on voting for either Trump or Clinton.

As for any one looking to voting for Trump. It brings serious doubt in my mind as to the depth of your under standing of the real issues.

Reply
Aug 30, 2016 15:31:18   #
Floyd Brown Loc: Milwaukee WI
 
CounterRevolutionary wrote:
Floyd Brown writes: Okay have it your way the banking system is not apart of the Capitalism System & those benefiting from it must be Socialists.
I did not write that. What I am saying is that government banks are not private banks and all the banks should be audited.

Well what ever you wish to label those in control as we should all use that term. Have you ever looked closely at how the tax laws favor the taxation of money earned on money much more favorable than the tax burden of wages of labor & the sales tax on consumer goods & services.
Yes. The solution is elimination of all taxes on production and only levying a consumption tax. Of course, then we would have to limit the size of the Federal Government and return authority to the states under the 10th Amendment. Why punish production and growth?

So do we or don't we have a system of Capitalism or not. If we do what is it's role & how did it get it & keeps it's power over so much?.
We currently do not have a system of Capitalism. We are officially socialist. We have passes the tipping point of the size and scope of the Government according to the Laffer Curve and the Armey Curve.

I say that one only need to look where the wealth all ends up to see where the problem extends from.
Absolutely. The problem stems from corporate cronyism merging with big government, Mussolini style fascist/socialism.

Please tell me why so much money is spent on Political interest when after it is all over most of the money ends up in a few Pockets?
Are you referring to the "agents of influence" in the lobbyist industry and the hundreds of thousands of laws in the Federal Registrar? Or, are you referring to the 74,000 page IRS tax code laws and legal loopholes? There are some 35,000 fulltime lobbyists in Washington today and only 535 men in congress. Fascinating, isn't it? Not exactly a representative government, is it?

Well keep blaming the poor man on the street. This socialist government isn't doing much of any thing for the poor man on the street.
Get a clue as how welfare for the masses works! Just take a look at the $2 billion Clinton Foundation, 10% for charity, 90% overhead. Please promise me you are not going to vote for Hillary!

As I see it you will still blame the government that is controlled by the few for the problem. That it is the poor to blame & those that have every thing are the victims here.
If the poor would register to vote and put Trump in office, we would have good paying jobs! 80% of all jobs are in small businesses.

I await further clarification from you because I just don't see where the problems really are coming from in you assessment of the issue.
We have a problem in America infusing socialism into capitalism. The government is not Robin Hood, it only grows in its own weight and girth, more like Garfield the Cat.

Floyd, please take a look at this website and tell us what you think?
http://www.thirty-thousand.org/
Latest Developments
Read “Taking Back Our Republic”, a new pamphlet from Thirty-Thousand.org
Learn about the relationship between Freedom and Legislative District Sizes


The first thing Trump and Pence should do on day one in office is auction off the 645 government bureaucracies to the private sector the same way President Boris Yeltsin did to save the new Russian Federation from bankruptcy. Congress can consult the "ex-bureaucratic experts" as think tanks when needed.
Floyd Brown writes: Okay have it your way the bank... (show quote)


I glanced through the article & would say that a closer look at it would not be out of place. I won't start a topic on it but would view it & add to it if I felt I had something todsay.

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