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You guys have any predictions on whether or not it’ll happen or not within the Biden administration’s term, if at all? I’ve been reluctant to take any loans out because I don’t wanna get sucked into that shit so I’ve just done whatever it takes to pay all my fees and tuition out of pocket so far. It would be pretty clutch if I were to take one out and end up not needing to pay it down the road though. Thoughts?
zuesI just find it hilarious that when talking about American government, the Jews, israelis, and now Sumerians are involved. Because your connect the dots picture turns into a Picasso painting drawn by a 6 year old.
Way to make a strawman out of my post. It really isn't hard to understand what I'm trying to say... it is straight forward and on top of that... I gave you the actual sources of the books and charter documemts so you can READ THEM. Did you?
A.) the Us government is incorporated, stop denying it.
B.) I never mentioned Jews... you did.
C.) Dual-Israelis and Zionists (political ideology) play a central and illegal role in siphoning and withholding money which any pro-American would know to care about. Search IfAmericansknew.org for more on that.
D.) Referring to Babylonians and such, all the way to antiquity was simply to illustrate that then and up until the 14th century leaders and tyrants alike annulled/forgave debts sometimes in 7 year increments to prevent the shackle of interest bearing slavery.
Again, watch the video and read the charter documents I linked above. I'm done writing to someone who voted for an anti-American foreign agent.
zuesDude but you’re literally 100% wrong about the entire fucking topic of the thread. If you look at it again after your speedball you’ll notice it’s about borrowing money at an interest rate and then paying it back.
you can’t pay off your principle before you pay off the interest. Literally not a single loan works that way.
And now I’m supposed to believe you about some Jews and Sumerians and “self funded corporations”
bahahah youre so full of shit it’s almost comical.
Thank god Jewish Sumerian history has nothing to do with paying off a simple loan bro.
read the thread title.
I like mushrooms too but I actually have a CPA and might have some tax advice I can help you with if you ever break out of LALA land and join society.
I can probably use some of your Monopoly money to buy you some super nice property on the boardwalk with insanely high rates of return From there maybe we can even invest in a hotel.
stay out of threads about real topics dude.
I'm talking about federal debts and eventually people will pay more than the principal by paying the interest first. I know that is part of the contract, and I assure you the banks do nothing worth while but create a few digits in their account books and give you money out of thin air that you created and they charged interest on.
Again, YOUR TAXES do not pay for any of this nor a debt jubilee in a self-funding corporation.
qazwsxedc34I'm talking about federal debts and eventually people will pay more than the principal by paying the interest first. I know that is part of the contract, and I assure you the banks do nothing worth while but create a few digits in their account books and give you money out of thin air that you created and they charged interest on.
Again, YOUR TAXES do not pay for any of this nor a debt jubilee in a self-funding corporation.
qazwsxedc34Yes, Jews in a good light. You're claiming I'm ranting about them negatively. I'm praising their jubilee laws that worked for them in antiquity.
No meth here.
Have a good one.... call someone and see a doctor.
zuesDude but you’re literally 100% wrong about the entire fucking topic of the thread. If you look at it again after your speedball you’ll notice it’s about borrowing money at an interest rate and then paying it back.
you can’t pay off your principle before you pay off the interest. Literally not a single loan works that way.
And now I’m supposed to believe you about some Jews and Sumerians and “self funded corporations”
bahahah youre so full of shit it’s almost comical.
Thank god Jewish Sumerian history has nothing to do with paying off a simple loan bro.
read the thread title.
I like mushrooms too but I actually have a CPA and might have some tax advice I can help you with if you ever break out of LALA land and join society.
I can probably use some of your Monopoly money to buy you some super nice property on the boardwalk with insanely high rates of return From there maybe we can even invest in a hotel.
stay out of threads about real topics dude.
You're writig as if nobody else is struggling and because you paid off your loan, nobody should be forgiven of theirs. I don't care about mammon friend. All you're doing is nitpicking. First, you were pissed off that your taxes have to pay back loan forgiveness... which they don't; and who really cares if the banks take the brunt of the liability and go bunk. Also, creating a loan is never done on deposits but out of thin air on your account which you initiate. Which is why a mathematically perfected economy (MPE) would work far better for the common good of all.
zuesWait. So loans have interest on them??? So a loan of 40,000 USD @ 8% interest will be more than actually paying back 40,000 USD???
is that really what you’re asking here
Time Value of Money is a hell of a modern day equation
Again, you're using economic rheotirc to deny those struggling because you yourself did the work whilst others were not as fortunate. You're an egotistical scumbag that atill won't even acknowledge that your money doesn't pay for another's debt but your too prideful in your life to allow someone elses debts to be forgiven. https://earthlinggb.files.wordpress.com/2014/02/mug8x5.jpg] [/url]
**This post was edited on Apr 18th 2021 at 9:30:17pm
qazwsxedc34Again, you're using economic rheotirc to deny those struggling because you yourself did the work whilst others were not as fortunate.
https://earthlinggb.files.wordpress.com/2014/02/mug8x5.jpg] [/url]
How dare i play sports in high school amd get good grades. How dare I receive a small scholarship to a good school. From there how could I choose a profession that produces a good revenue for a service I provide. I’m such a bad guy for being a fiscally responsible person. Whoa is me. The Sumerians and Zionist’s have stolen all of our rights and stripped our freedoms in the name of Zoro Astor and Buddha. **This post was edited on Apr 18th 2021 at 9:30:17pm
qazwsxedc34Again, you're using economic rheotirc to deny those struggling because you yourself did the work whilst others were not as fortunate. You're an egotistical scumbag that atill won't even acknowledge that your money doesn't pay for another's debt but your too prideful in your life to allow someone elses debts to be forgiven. https://earthlinggb.files.wordpress.com/2014/02/mug8x5.jpg]
**This post was edited on Apr 18th 2021 at 9:30:17pm
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I would love to see the details on how this loan situation works. They would have to of been paying well below tue accrued interest every month so either they took on a loan with a insane interest rate they should not have agreed too or they didn't start paying down their loan until decades after they took it on.
While the Government is busy printing off paper like Brrrrrr they may as well pay off student debt which would take a burden off former students across America. The expectation is that once you finish school a better paying job will come along, sometime that is the case while at other times it doesn't quite pan out like that.
I benefited from having a college education payed for by the government. A two year diplomaed course which saw my wages go from $11 an hour doing kitchen labour to about $48 an hour. The Canadian Government saw a 100% ROI by my third income tax return.
There were some stipulations such as if you didn't finish the program you were 100% liable for your tuition.
I think higher education will be a form of entertainment, and a way to upgrade skills in an economy which won't be a labour intensive in the future. There's going to be less jobs to go around. Kurt Cobain said it best "Here we are now, Entertain us".
Student loan repayment is a tax on people who don’t have a college degree to give folks who do a further economic advantage. It’s taxing the poor to help the should be rich. A college degree remains the number one way to improve your overall lifetime wealth. A US undergraduate degree generally results in a little over $400,000 added wealth over a lifetime. Why should we subsidize this at the cost of those who don’t have the same advantage? Reality is many Americans aren’t qualified to get a four year degree, let alone a graduate degree.
cobra_commanderStudent loan repayment is a tax on people who don’t have a college degree to give folks who do a further economic advantage. It’s taxing the poor to help the should be rich. A college degree remains the number one way to improve your overall lifetime wealth. A US undergraduate degree generally results in a little over $400,000 added wealth over a lifetime. Why should we subsidize this at the cost of those who don’t have the same advantage? Reality is many Americans aren’t qualified to get a four year degree, let alone a graduate degree.
No need to take it out of taxes in a self-funding corporation. One can focus on those who struggle or have health issues and are unable to pay. Focus on those struggling in this situation.
zueshttps://earthlinggb.files.wordpress.com/2014/02/mug8x5.jpg]
How dare i play sports in high school amd get good grades. How dare I receive a small scholarship to a good school. From there how could I choose a profession that produces a good revenue for a service I provide. I’m such a bad guy for being a fiscally responsible person. Whoa is me. The Sumerians and Zionist’s have stolen all of our rights and stripped our freedoms in the name of Zoro Astor and Buddha. **This post was edited on Apr 18th 2021 at 9:30:17pm
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Again, why are you comparing your "struggle" to pay off your loan to someone else? Their situation might be entirely different than yours and despite working they might be and oftentimes are unable to meet the demand to pay or something happened in their life, such as a health issue, which severely restricts their ability to pay accordingly.
It's okay though, becuase although it won't and certainly doesn't have to come out of taxes as US is chartered to be self-funding corp. ad infinitum, it is the thought alone that someone that might be struggling can be forgiven (forgive them their debts) that bothers you.
**This post was edited on Apr 19th 2021 at 2:36:46am
Also the professor cornel west is a fucking joke. Hes an average nobody, but princeton for some reason like bought his tenure for like 12 million or something to get him to like leave harvard and come to princeton or some shit yrs ago.
he apparently made some long rhyming video that was some sort of stupid hip hop beat that played while he like read stupid shit in a momotone or something. I think bill maher always has cornel west on his shows as a sort of insurance policy so ppl cant call maher racist or something.
but from what ive gathered it seems cornel west thinks there is something about rap music that intrinsically is involved with the black identity or some bullshit.
that thesis might have actually fooled ppl if it werent for the fact that the greatest rapper of all time happens to be eminem.
cornel west is a fucking embarassment just like paul krugman
DolansLebensraumAlso the professor cornel west is a fucking joke. Hes an average nobody, but princeton for some reason like bought his tenure for like 12 million or something to get him to like leave harvard and come to princeton or some shit yrs ago.
he apparently made some long rhyming video that was some sort of stupid hip hop beat that played while he like read stupid shit in a momotone or something. I think bill maher always has cornel west on his shows as a sort of insurance policy so ppl cant call maher racist or something.
but from what ive gathered it seems cornel west thinks there is something about rap music that intrinsically is involved with the black identity or some bullshit.
that thesis might have actually fooled ppl if it werent for the fact that the greatest rapper of all time happens to be eminem.
cornel west is a fucking embarassment just like paul krugman
Its literally too easy to tear cornel wests quotes to pieces as the overly verbose everyday trash that it is. Look at this quote from him about music. Its much ado about nothing. Its like watching an autist who thinks his ambition will make him a great poet even though he doesnt have a clue what poetry is.
His socialist bullshit is just as empty and worthless as this shit.
OK... so this sign is complete and utter fucking bullshit unless the interest rate was something like above 50%. Federal loans are between 2-4% interest depending on determining factors.
This pic is complete propaganda and your entire argument is bullshit bro.
qazwsxedc34Again, you're using economic rheotirc to deny those struggling because you yourself did the work whilst others were not as fortunate. You're an egotistical scumbag that atill won't even acknowledge that your money doesn't pay for another's debt but your too prideful in your life to allow someone elses debts to be forgiven. https://earthlinggb.files.wordpress.com/2014/02/mug8x5.jpg]
**This post was edited on Apr 18th 2021 at 9:30:17pm
zuesOK... so this sign is complete and utter fucking bullshit unless the interest rate was something like above 50%. Federal loans are between 2-4% interest depending on determining factors.
This pic is complete propaganda and your entire argument is bullshit bro.
Some people don't have the ability to pay but cannot get a hold or exemption so the debt keeps piling up. Doesn't really matter because it doesn't come out of your taxes.
SO IF YOU'RE PAYING EVERY MONTH YOUR TOTAL LOAN DOESN'T EXCEED THE INITIAL FACE VALUE PLUS THE BORROWING RATE.
DOES THAT MAKE ANY SENSE TO YOU AT ALL?
Yes if you never make monthly payments the interest will continue to compound on the the face value.
If you're effectively paying off the principle each month the interest on that face value is included in each payment.
you really think that people are taking out loans and never being able to pay them off?
Stop reading bullshit news websites and take a fucking math class.
qazwsxedc34Some people don't have the ability to pay but cannot get a hold or exemption so the debt keeps piling up. Doesn't really matter because it doesn't come out of your taxes.
qazwsxedc34Some people don't have the ability to pay but cannot get a hold or exemption so the debt keeps piling up. Doesn't really matter because it doesn't come out of your taxes.
If you don't have the ability to pay a loan you should not take it on. This is why basic financial literacy needs to be a high school graduation requirement. Call me what you want but I have little sympathy for people who put themselves in a massive debt hole. Also, there is no such thing as a self funded corporation, the only resource that falls from the sky is water.
bahaha... is this the dude he's quoting? What a bunch of nonsense.
DolansLebensraumIts literally too easy to tear cornel wests quotes to pieces as the overly verbose everyday trash that it is. Look at this quote from him about music. Its much ado about nothing. Its like watching an autist who thinks his ambition will make him a great poet even though he doesnt have a clue what poetry is.
His socialist bullshit is just as empty and worthless as this shit.
zuesbahaha... is this the dude he's quoting? What a bunch of nonsense.
Yeah. West is mostly full of shit, and his fame owes itself mostly to his appearance. He seems to be going for the black einstein look, if there were such a thing. Youll notice he hardly ever says a word on bill mahers show. Its apparent he spends months and months putting together his quotes as if he could just build something sensational sounding, even though to anyone with real intelligence his shit seems average and unremarkable.
its not just about bashing black ppl. Im a big fan of neil degrasse tyson. He is by no means the kind of person who is going to win a nobel prize, but hes a very interesting person, and i would guess hes a great deal more intelligent than cornel west. You can just tell when you see an interview of NDT. There really is someone “there” and a truly notable intellect which is partially given away by his (as is common in intelligent ppl) cynical sense mischievousness. You can listen to him talk about black holes and you really feel like the guy isnt a fucking sieve like cornel west.
same goes for chris rock. Its pretty easy to be able to sense a persons relative intelligence. Its like the way the truth just has this ring to it, and you know the truth when you hear it bc its just rings or resonates. In the same sense you know if a person is smarter or dumber or of comparable intelligence To yourself. It just rings.
Cornel west just seems like a sieve. He doesnt invoke much sense of intellect present. And hes a woke socialist so thats even more evidence that there isnt much going on up there.
he does have a look of profundity tho. Cant take that away from him.
zuesbahaha... is this the dude he's quoting? What a bunch of nonsense.
Heres some more quotes showing how fucking stupid he is.
Gotta love how the first two of these quotes are in contradiction. Socialism defends against capitalist suffering then why is everybody fleeing socialist countries like the fucking plague and moving to capitalist countries. Thats the “suffering speaking” ya fucking joker.
zuesSO IF YOU'RE PAYING EVERY MONTH YOUR TOTAL LOAN DOESN'T EXCEED THE INITIAL FACE VALUE PLUS THE BORROWING RATE.
DOES THAT MAKE ANY SENSE TO YOU AT ALL?
Yes if you never make monthly payments the interest will continue to compound on the the face value.
If you're effectively paying off the principle each month the interest on that face value is included in each payment.
you really think that people are taking out loans and never being able to pay them off?
Stop reading bullshit news websites and take a fucking math class.
>>>you really think that people are taking out loans and never being able to pay them off?
Ahhhh, yes, I do. Things happen. Health issues, etc, many times where they cannot get exemptions, let alone forgiveness. The debt accrues and with the increasing expenses of everyday life as well. But again, you keep repeating yourself, I just think targeted debt forgiveness should be a priority for congress especially for the sick who cannot get exemptions.
**This post was edited on Apr 19th 2021 at 11:05:37pm
Moral of thread: fuck those struggling... if they took out a loan they have to pay it even if they can't and something happened which severely restricts their ability to pay. They should pay because I'm a hard-working American citizen who paid off my loan and I don't care about others struggling; nobody should forgive them their debts, even if that forgivness never comes out of my taxes.
r00kieIf you don't have the ability to pay a loan you should not take it on. This is why basic financial literacy needs to be a high school graduation requirement. Call me what you want but I have little sympathy for people who put themselves in a massive debt hole. Also, there is no such thing as a self funded corporation, the only resource that falls from the sky is water.
I already linked the charter documents showing this. The US is a corporation and was chartered as such and is SELF-FUNDING as intended per the articles of incorporation. Only an absolute ignoramus wouldn't know this. That's why trillions of dollars could and should fund the building of organic Permaculture infrastructure for local communities to be self sufficient with Biodynamic Food Forrests, ending hunger/food scarcity (this would also free up said demographics cash resources for other investitures) but no, that won't happen.
Let me take a more liberal approach here; take for instance YouTube:
Now the US:
Chisholm vs. Georgia 1793:
(see charters/articles of incorporation)
>>>US. Inc. is literally a self-funding corporation off your name on their books. Leave it to morons like Rockefeller, JP Morgan and others to screw up a good thing for their own private boom/bust profit.
In conclusion, the US has always been a corp. just like ever other body politick, state, kingdom, town, church, lodge, department, etc & so on.
My biggest issue with the middle-class over here is that many appear to be dumb and don't know this but also put down the poorer class; either ignoring them entirely, are indifferent or worship the wealthy elitists.
And don’t you forget... eugenics 101.
Disabled persons are not allowed to save Any Money At All, otherwise that means they’re not poor enough to deserve health care and if they happen to go into debt and something happens that severely restricts their ability to pay... "fuck 'em," many people would say.
For this reason, there is literally no way for a corporation to ever run out of fiat it owes to itself. UBI is the much needed market fuel for the economic leviathan to thrive. Thats why the WELFARE office is there, funded by CREDIT creation (not TAXES; as retarded Zeus wants to believe, so he can retain his pride over the majority of Americans struggling) as per the CONSTITUTION. UBI would improve employments.
>>>125 people in Stockton, Calif. got $500 per month for two years without rules on how to spend it, in a major experiment of universal basic income
>>>The study released today shows they paid off debt, got full-time jobs and reported lower rates of anxiety.
>>>There were no rules on spending. Money went for food, rent and utility bills, gas, etc.
>>>UBI is faster, more effective, cheaper to manage and helps more people (the economy), especially in this "age" of automation & virtuality and the nearly 90 million out of the labor force.
All of this could go hand-in-hand with targeted student loan forgiveness but of course in a self-funding corporation such as U.S. Inc., that is controlled by dem hoes they have to act like they can't pay for that stuff. Why? Because if you started demanding the same handouts as Raytheon, Walmart or DARPA/Lockheed who kickback to congressman grifters, who would fight the company colony wars? No we have the neocons for that... apparently they matter more than struggling Americans.
qazwsxedc34I already linked the charter documents showing this. The US is a corporation and was chartered as such and is SELF-FUNDING as intended per the articles of incorporation. Only an absolute ignoramus wouldn't know this. That's why trillions of dollars could and should fund the building of organic Permaculture infrastructure for local communities to be self sufficient with Biodynamic Food Forrests, ending hunger/food scarcity (this would also free up said demographics cash resources for other investitures) but no, that won't happen.
Let me take a more liberal approach here; take for instance YouTube:
Now the US:
Chisholm vs. Georgia 1793:
(see charters/articles of incorporation)
>>>US. Inc. is literally a self-funding corporation off your name on their books. Leave it to morons like Rockefeller, JP Morgan and others to screw up a good thing for their own private boom/bust profit.
In conclusion, the US has always been a corp. just like ever other body politick, state, kingdom, town, church, lodge, department, etc & so on.
My biggest issue with the middle-class over here is that many appear to be dumb and don't know this but also put down the poorer class; either ignoring them entirely, are indifferent or worship the wealthy elitists.
And don’t you forget... eugenics 101.
Disabled persons are not allowed to save Any Money At All, otherwise that means they’re not poor enough to deserve health care and if they happen to go into debt and something happens that severely restricts their ability to pay... "fuck 'em," many people would say.
For this reason, there is literally no way for a corporation to ever run out of fiat it owes to itself. UBI is the much needed market fuel for the economic leviathan to thrive. Thats why the WELFARE office is there, funded by CREDIT creation (not TAXES; as retarded Zeus wants to believe, so he can retain his pride over the majority of Americans struggling) as per the CONSTITUTION. UBI would improve employments.
>>>125 people in Stockton, Calif. got $500 per month for two years without rules on how to spend it, in a major experiment of universal basic income
>>>The study released today shows they paid off debt, got full-time jobs and reported lower rates of anxiety.
>>>There were no rules on spending. Money went for food, rent and utility bills, gas, etc.
>>>UBI is faster, more effective, cheaper to manage and helps more people (the economy), especially in this "age" of automation & virtuality and the nearly 90 million out of the labor force.
All of this could go hand-in-hand with targeted student loan forgiveness but of course in a self-funding corporation such as U.S. Inc., that is controlled by dem hoes they have to act like they can't pay for that stuff. Why? Because if you started demanding the same handouts as Raytheon, Walmart or DARPA/Lockheed who kickback to congressman grifters, who would fight the company colony wars? No we have the neocons for that... apparently they matter more than struggling Americans.
cobra_commanderHomie literally just reposted Kremlin propaganda. Media literacy is terrible these days.
That is what you got out of it? I literally knew the first thing someone would do is attack the messenger. Of course I know RT is controlled by the Russian state but I'm not ignorant to the fact that Kremlin officals and US politicans know nothing about where money comes from.
zuesLmao I was thinking the exact same thing. Utter nonsense and not even legitimate points in most cases.
Care to give examples, Zeus; the guy who voted for a foreign agent. Rookie told me the US is not a corporation, I showed him and gave him the actual incorporation document including where it is located for him to search, thus proving him wrong.
qazwsxedc34That I literally showed with proof that the Us is a corporation and gave you the law to see it for yourself? Okay, I can't fix a denialist.
Nothing you provided is factual. The closest you got is taking something from a Supreme Court (which would be precendant, not law as you claim) ruling out of context and pieced together some commentary that could be disputed because well, its just someones opinion. Go take a 100 level econ course so that you understand 'self-funded' is impossible.
qazwsxedc34Okay, fine, just read the sources here:
I scanned your conspiracy theory sources. Let's define the US gov as corporation for this discussion, just for. How can a corporation become self-funded and make their resources magically appear? I am dying to hear your long winded, copy and pasted explaination.
r00kieNothing you provided is factual. The closest you got is taking something from a Supreme Court (which would be precendant, not law as you claim) ruling out of context and pieced together some commentary that could be disputed because well, its just someones opinion. Go take a 100 level econ course so that you understand 'self-funded' is impossible.
Okay, well it looks like te United States Inc. disagrees with you. Unfortunately, you are forgetting 150 years of law including the charters of incorporation which every History teacher seems to forget. Certainly, corporate lawyers do not forget. Self-funding is not impossible because the charter of incorporation involved having US corp fund itself. What I'm saying is that the US CANNOT BE IN DEBT TO ITSELF.
qazwsxedc34Okay, well it looks like te United States Inc. disagrees with you. Unfortunately, you are forgetting 150 years of law including the charters of incorporation which every History teacher seems to forget. Certainly, corporate lawyers do not forget. Self-funding is not impossible because the charter of incorporation involved having US corp fund itself. What I'm saying is that the US CANNOT BE IN DEBT TO ITSELF.
Its hilarious how much you think you know about how the world works. Economics is a science and this concept of self-funding does not fit within it. All resources come from somewhere. There's a saying 'there's no such thing as free lunch' and the government is not exempt from that.
r00kieI scanned your conspiracy theory sources. Let's define the US gov as corporation for this discussion, just for. How can a corporation become self-funded and make their resources magically appear? I am dying to hear your long winded, copy and pasted explaination.
"Conspiracy theory" sources... you mean actual sources. The US Inc was chartered as a self-funding corporarion. That is why the deficit is a lie. You cannot be in debt to yourself. The US corporation is self-funding by the corporate rules in which it was incorporated.
Fiat... The 'resources' include those who labor and those who produce. Of course in a non-sustaining make-work retail economy, yes, then you'll have some terrible problems. Leave it up to wealthy private bankers for their own boom and bust cycles to destroy that good thing that protected the welfare of citizens, at least marginally.
Okay, at least now you know the US is a corporation.
qazwsxedc34"Conspiracy theory" sources... you mean actual sources. The US Inc was chartered as a self-funding corporarion. That is why the deficit is a lie. You cannot be in debt to yourself. The US corporation is self-funding by the corporate rules in which it was incorporated.
Fiat... The 'resources' include those who labor and those who produce. Of course in a non-sustaining make-work retail economy, yes, then you'll have some terrible problems. Leave it up to wealthy private bankers for their own boom and bust cycles to destroy that good thing that protected the welfare of citizens, at least marginally.
Okay, at least now you know the US is a corporation.
I agree that the US cannot go into debt wuth its self. That why the Federal Reserve was foolishly created. Now when the gov has a deficit we can print off money and pay for through inflation. Either way there is a fixed amount of resource and utility available, currency is just a measure of repressnting it.
r00kieIts hilarious how much you think you know about how the world works. Economics is a science and this concept of self-funding does not fit within it. All resources come from somewhere. There's a saying 'there's no such thing as free lunch' and the government is not exempt from that.
Hilarious in what way? I just posted sources about how their world works. I didn't say to like it.
>>>Economics is a science and this concept of self-funding does not fit within it.
Of course, sure; economics is a "science" but it has little to do with chartering a corporation and the rules in which that corporation was incorporated. Self-funding implies funding for the welfare of citizens without some non-existent deficit, because the deficit does not actually exist. Instead, private corporations mooch off the government and the middle and lower classes are left in the dust. Like I said, leave it up to those private bankers to ruin a good thing.
Catholics would disagree that there is no such thing as a Free lunch. There is for many in the US. Usually, the wealthy. But I'm under the opinion, and many Catholic father were as well, that a home, property and water are also a right. So, call me radical and we can be done.
r00kieI agree that the US cannot go into debt wuth its self. That why the Federal Reserve was foolishly created. Now when the gov has a deficit we can print off money and pay for through inflation. Either way there is a fixed amount of resource and utility available, currency is just a measure of repressnting it.
Hamilton and his neo-Hamiltonian Latitudinarian pupils, such as Trump, were quite keen on this permanent public debt adventure. Probably because they worked for those same bankers who they were in debt to.
The idea was to have US corp print its own money without the FED which was chartered by grifting congress, unconstitutionally—merely the institution long desired by Seligman, Morgan and Warburg interests. The Us corp could have printed money free of interest to ebb and flow with supply and demand and each according to his need (he's a commie). That is... the general welfare of all citizens rather than the aspirations of private bankers and corporations; nepotistic oligarchs to fulfil their boom and bust payouts.
>>>Either way there is a fixed amount of resource and utility available...
That I agree with, which is why I want MMT and MPE—not that mainstream economists nor the present banks would ever agree with such a thing.
Short version (though Mandell is off on parts); definitely should watch:
r00kieI agree that the US cannot go into debt wuth its self. That why the Federal Reserve was foolishly created. Now when the gov has a deficit we can print off money and pay for through inflation. Either way there is a fixed amount of resource and utility available, currency is just a measure of repressnting it.
It's fixed because of banks. This is my last post and I don't really care what others have to say, I just want people to read the photos and maybe watch the video at the end.
This is from a user named captainslappy, in the video I linked above:
>>>Private Corporations MAKE a country, then internal company policies OF a corporation...(called "government"). Want to see something REALLY neat? Have one on me. Technically...have one on the house. Any economist, teacher, politicians, etc., telling you that the US is not a company or corporation, even to the point of yelling at you, is lying through his teeth or ignorant of such fact.
>>>The Association Inc. LLC. being the house.
^ ^ ^ Without YOUR consent.
Capital owned by the corporation we claim citizenship to. I don't want out. I just want to make the corp work better for the common good. MMT is one way. But you see... the banks don't want this and would destroy everything to stay in control.
Biden too centrist and too pussy to fucking do anything drastic. Two years gonna pass and he'll lose the senate. Biden still gonna be a pussy and bend over backwards to corporations and not do shit. Four years gonna pass and we'll have Trump 2.0 raping our economy/country for the 1%
guelah_papyrusBiden too centrist and too pussy to fucking do anything drastic. Two years gonna pass and he'll lose the senate. Biden still gonna be a pussy and bend over backwards to corporations and not do shit. Four years gonna pass and we'll have Trump 2.0 raping our economy/country for the 1%
But Trump 2.0 will be the Governor of Florida Ron Desantis. He's cooler and better than trump... don't worry.
you keep mentioning Biden but I think you mean President Harris.
guelah_papyrusBiden too centrist and too pussy to fucking do anything drastic. Two years gonna pass and he'll lose the senate. Biden still gonna be a pussy and bend over backwards to corporations and not do shit. Four years gonna pass and we'll have Trump 2.0 raping our economy/country for the 1%
