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hoagster7
February 8th, 2008, 09:20 PM
HOW TO FIX THE US ECONOMY & FINANCIAL SYSTEM:

(this should sum it up)

- dismantle the US Federal Reserve
- back the USDollar with gold or silver or coal or Great Lake fresh water
- balance the USGovt budget
- end all monetization efforts to support financial instruments
- enforce all regulations against outsized futures contract positions
- remove all lobbyists from Congressional contact
- dismantle the military defense network with contractors in US firms
- end all fractional banking practices (lend 10x deposits)
- tighten all financial accounting, with felonies charged routinely
- severely limit the credit derivative contract creation and its system
- prosecute the fraud from the $1500 billion Fannie Mae theft (1988 to 2000)
- separate Goldman Sachs from Dept Treasury, due to insider trading risks
- separate JPMorgan from USFed, due to insider trading risks and extreme collusion
- prosecute JPMorgan for serving as the Enron instructor
- end all illicit talks between stock & commodity regulators with Wall Street
- require 30% down payments on all home mortgage loans
- end all private deals between Chinese leaders and Wall Street for IPO stocks
- dismantle at least 75% of the foreign US Military bases, bring soldiers home
- dismantle all US security agency participation in contraband trafficking
- dismantle the Bank of Baghdad as central clearing house for that trafficking
- dismantle all tight relationships with USMilitary and Halliburton
- install a broad manufacturing base in the United States, even if attached to prisons
- institute framework for foreign receivership of US capital structure and policymaking
- give China, Japan, Saudis, and Persian Gulf Coop Council seats on US Prez Cabinet
- give China, Japan, Saudis, and GCC veto power on US federal budget approval
- create a Cabinet level post of Special Prosecutor with ties to International Courts
- create a Cabinet level post to manage the housing & mortgage Resolution Trust Corp
- encourage numerous voter referendums annually, which bypass Congress
- reduce the influence of Israel in dominating security and military related policy
- forbid any US citizen from working as World Bank or Intl Monetary Fund directors
- end all tax incentives to relocate business overseas (which kill US jobs)
- end the Alternative Minimum Tax burden completely
- rescind the Medicare payment system and its entire program
- install legitimate economic statistics for GDP, CPI, Jobs, and more
- install proper Cost of Living Adjustments in Social Security and USGovt pensions
- install tax incentives to save from income outside the 401k & IRA pension systems
- dismantle all the concentration camps (230 of them) on US soil, recently completed
- reopen a 911 Commission to issue a verifiable report, not a whitewash report
- end all chemtrail experiments in the upper atmosphere to control weather
- begin massive US infrastructure repair, a reconstruction initiative with foreign funding
- admit to the world that the Untied States has become a Third World nation

So, how likely is the above going to happen???

C. Little
February 9th, 2008, 01:31 PM
It may be in there and I missed it, but

Stop credit card companies from charging outrageous interest rates and fees. That is a big problem right now.

fishersofmen
February 9th, 2008, 02:50 PM
yeah, it sure is, and if your late WATCH OUT, they really sock it to you.:rolleyes

Armon
February 9th, 2008, 07:53 PM
HOW TO FIX THE US ECONOMY & FINANCIAL SYSTEM:

(this should sum it up)

- dismantle the US Federal Reserve
- back the USDollar with gold or silver or coal or Great Lake fresh water
- balance the USGovt budget
- end all monetization efforts to support financial instruments
- enforce all regulations against outsized futures contract positions
- remove all lobbyists from Congressional contact
- dismantle the military defense network with contractors in US firms
- end all fractional banking practices (lend 10x deposits)
- tighten all financial accounting, with felonies charged routinely
- severely limit the credit derivative contract creation and its system
- prosecute the fraud from the $1500 billion Fannie Mae theft (1988 to 2000)
- separate Goldman Sachs from Dept Treasury, due to insider trading risks
- separate JPMorgan from USFed, due to insider trading risks and extreme collusion
- prosecute JPMorgan for serving as the Enron instructor
- end all illicit talks between stock & commodity regulators with Wall Street
- require 30% down payments on all home mortgage loans
- end all private deals between Chinese leaders and Wall Street for IPO stocks
- dismantle at least 75% of the foreign US Military bases, bring soldiers home
- dismantle all US security agency participation in contraband trafficking
- dismantle the Bank of Baghdad as central clearing house for that trafficking
- dismantle all tight relationships with USMilitary and Halliburton
- install a broad manufacturing base in the United States, even if attached to prisons
- institute framework for foreign receivership of US capital structure and policymaking
- give China, Japan, Saudis, and Persian Gulf Coop Council seats on US Prez Cabinet
- give China, Japan, Saudis, and GCC veto power on US federal budget approval
- create a Cabinet level post of Special Prosecutor with ties to International Courts
- create a Cabinet level post to manage the housing & mortgage Resolution Trust Corp
- encourage numerous voter referendums annually, which bypass Congress
- reduce the influence of Israel in dominating security and military related policy
- forbid any US citizen from working as World Bank or Intl Monetary Fund directors
- end all tax incentives to relocate business overseas (which kill US jobs)
- end the Alternative Minimum Tax burden completely
- rescind the Medicare payment system and its entire program
- install legitimate economic statistics for GDP, CPI, Jobs, and more
- install proper Cost of Living Adjustments in Social Security and USGovt pensions
- install tax incentives to save from income outside the 401k & IRA pension systems
- dismantle all the concentration camps (230 of them) on US soil, recently completed
- reopen a 911 Commission to issue a verifiable report, not a whitewash report
- end all chemtrail experiments in the upper atmosphere to control weather
- begin massive US infrastructure repair, a reconstruction initiative with foreign funding
- admit to the world that the Untied States has become a Third World nation

So, how likely is the above going to happen???


Nobody in their right mind would give China, Japan, Saudis, and Persian Gulf Coop Council seats on US Prez Cabinet or veto power on US federal budget approval. And as far as credit card interest goes, you shouldn't be in a position to have to pay it. You should be paying off your credit cards every month. Basicly you don't buy what you can't aford. People who use credit cards are often times their own worst enemy.

MoreThanReady
February 9th, 2008, 11:34 PM
It may be in there and I missed it, but

Stop credit card companies from charging outrageous interest rates and fees. That is a big problem right now.


So you no longer believe in freedom ?
Your Free NOT to use their cards at the rate they charge.
they are free to charge a certain amount of interest.

I have a ultra low rate card.. however, you have to have a near perfect credit score to get it and keep it.

Freedom cuts both ways.. If you limit the interest rate they charge, then you limit the number of people that can get credit cards. and just becuase you (and most experts for that manor) think that those card are bad, many people use them, need them, and use them responsible.

Issachar
February 10th, 2008, 12:58 PM
Good credit is merely a means to having the ability to borrow. The borrower is servant to the lender. We are not to borrow; owe no man anything. Charge the rate they want? Is God against freedom? Hardly. But yet he condemns usury big time, often. Especially against the poor. Do a search of the bible on the word usury (interest). Some have tried to explain usury as some sort of "excessive" interest. I don't see that definition in the Word.

I already know the arguments against this, but please post them anyway if you have some. I'd like to see if there is anything new.

Issachar

Issachar
February 10th, 2008, 01:09 PM
One of the many problems with interest rates beyond being profitable (banks have to make a living somehow) and extra fees, etc. is that you have an entity collecting revenue with no goods produced or services provided and this is a part of what devalues the currency. When banks charge for services provided, that is fine ... someone did the work to prodvide a service. But if a check comes in and is even a penny over the account and $33 dollars is slapped on as a fee as well as $6 per day and one doesn't know it until the snail mail gets to your house a few days later during which time more checks may have come in and bounced .... one can literally rack up hundreds of dollars in fees over one penny short. Why can a bank not call someone and say, "you're overdrawn. Bring in X amount of dollars this afernoon and all will be fine." Well, they could, because they used to, years ago. But they don't, because they like all that revenue and not having done anything to earn it.

Issachar

Issachar
February 10th, 2008, 01:14 PM
As to the OP question .... It is a matter of perspective. To the banking elite .. those at the top of the big boys ... not Joe Smith at the local branch down on Main St., there is nothing to fix. The American economy is doing exactly what they planned. It is a smashing success. We know what it is smashing, but to the world bankers, it is seen as a success. From the average user of the economy, it is looking anywhere from very dismal to not too bad. I'm thinking the dismal view will be more common as the next few years go on.

Issachar

Issachar
February 10th, 2008, 01:18 PM
heh-heh ... I have another question on "credit worthiness". Since the federal government (we the people) is in extreme debt and cannot even pay the interest on the debt but borrows to pay interest which is then added to the debt, should they not be allowed to borrow anymore? Technically no, they should not. Practically? If they don't a lot of people will die and many countless more will suffer. So, borrow they do. Increase the debt levels is all they can do now. I have a question for anyone ...

Can the national debt level reach a point where it is too high? Or, can it just keep going up with no consequence?

Issachar

can4christ
February 10th, 2008, 02:32 PM
Nobody in their right mind would give China, Japan, Saudis, and Persian Gulf Coop Council seats on US Prez Cabinet or veto power on US federal budget approval. And as far as credit card interest goes, you shouldn't be in a position to have to pay it. You should be paying off your credit cards every month. Basicly you don't buy what you can't aford. People who use credit cards are often times their own worst enemy.


Amen:preach

The government is only a reflection of the people. If the people think the government should stop spending more than they garnish, then maybe the people should stop spending more than they earn. Just a thought.

I remember back in the '70's, there were no "credit" cards. They were called charge cards and most demanded you pay the balance monthly, some required you pay a large portion of the balance. Most people just paid by cash or check back then.