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To: Partisan Gunslinger

I don’t know if I have the time to address all the falsehoods you believe but I will try.

1) foreign (read JEW) bankers do not control the U.S. economy and never did but foreign bankers had far more influence over it before the Federal Reserve was established.

Because of its control of the gold reserves through the discount rate the Bank of England determined much of what happened in America while the lunatic Jackson was attacking the National Bank. He appealed to the most ignorant of voters, a typical Democrat class warrior, and, naturally, implemented the most ignorant policies.

His destruction of the 2d National Bank set off a decade of currency chaos (Wildcat Banking, shinplasters, worthless state-chartered bank currency) which was only relieved by the discovery of gold in California.

2) Our dollar is not collapsing. You are confusing 2% with 2000%, a natural mistake if you don’t pay attention.

3) J.P. Morgan was the major financial figure for decades before the Federal Reserve. He did not need it to exercise control. Besides he was near death when it was created and the recognition that he was not immortal spurred its creation to take his role.

4) American growth during the first half of the 19th century was largely fueled by British capital investing in railroads. The U.S. ran a persistent balance of payments deficit during this period. This infrastructure investment (of which we were not capable even with a central bank) allowed the transportation revolution which opened up the heartland to foreign trade. Hamilton’s policies had made America a trusted place for investment.

5) When even icebergs are part of the conspiracy you may as well surrender.

6) Gold is a valuable and rare commodity with many uses which cannot be reproduced so it costs a lot of money. But it can buy you many more interesting things. It can’t be used as money because of its rarity and its non-monetary uses. It never will be again.

7) You are not describing economic conditions accurately if you believe we were “fine” under Jackson. We were far from it and were mired in the worst depression until the Great Depression as I have told you. Study the real history of he period. It is filled with class conflict, strikes, riots, and immense suffering. Largely because the money supply was either too low or too concentrated in the East or both.

8) Debt is an inextricable and necessary element of capitalist economics. Without debt growth becomes very difficult.

9) Gold supplies are insufficiently elastic to accommodate a growing economy and I showed you the figures, even though you ignored them. That is the reason gold will never again be a monetary instrument.

10) Currency values are determined by what they can buy and the dollar buys plenty.

11) Our currency and our debt have remained highly sought after from the time Hamilton established our financial system, one of the greatest works of genius in financial history. THIS system was one of the biggest reasons our economy grew and expanded during the 19th century. Our strength and power was thanks to Hamilton fought every step of the way by the Class Warriors.

12) Living standards IN REALITY have gone up during the 20th century until the last four years. Now compared to some calculated index it may not have but when viewed correctly they clearly have. Medical services, automobiles, electronics, house size, computer technology, vastly expanded choices throughout the economy have all exploded in beneficial ways not picked up by price indexes.


37 posted on 10/06/2012 11:05:37 PM PDT by arrogantsob (The Disaster MUST Go. Sarah herself supports Romney.)
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To: arrogantsob
I don’t know if I have the time to address all the falsehoods you believe but I will try. 1) foreign (read JEW) bankers do not control the U.S. economy and never did but foreign bankers had far more influence over it before the Federal Reserve was established.

They were manipulating crises through their agents like JP Morgan, true. Like I said it's the old trick of the enemies of freedom causing a problem so the enemies of freedom can create the solution, and that solution is always more power for the enemies of freedom, and less freedom for the rest of us.

Because of its control of the gold reserves through the discount rate the Bank of England determined much of what happened in America while the lunatic Jackson was attacking the National Bank. He appealed to the most ignorant of voters, a typical Democrat class warrior, and, naturally, implemented the most ignorant policies.

Yeah Jackson got us completely out of debt, what a dumbass [/s]. Like I said, if we would move from a debt-based society to a value-based society we wouldn't have to worry about interest rates.

His destruction of the 2d National Bank set off a decade of currency chaos (Wildcat Banking, shinplasters, worthless state-chartered bank currency) which was only relieved by the discovery of gold in California.

Like I keep saying, the country expanded greatly during this time. You're making mountains out of molehills.

2) Our dollar is not collapsing. You are confusing 2% with 2000%, a natural mistake if you don’t pay attention.

Been to the grocery store lately? Our dollar is indeed starting to collapse. If we can print all we want without inflation, why don't we print every American a billion dollar bill?

3) J.P. Morgan was the major financial figure for decades before the Federal Reserve. He did not need it to exercise control. Besides he was near death when it was created and the recognition that he was not immortal spurred its creation to take his role.

JP Morgan was an agent for the international bankers. Most of the crises right before the creation of the Federal Reserve were the manipulations of the international bankers to create problems so the people thought they couldn't live without a central bank.

4) American growth during the first half of the 19th century was largely fueled by British capital investing in railroads. The U.S. ran a persistent balance of payments deficit during this period. This infrastructure investment (of which we were not capable even with a central bank) allowed the transportation revolution which opened up the heartland to foreign trade. Hamilton’s policies had made America a trusted place for investment.

The bottom line is we didn't have a central bank and the country expanded greatly.

5) When even icebergs are part of the conspiracy you may as well surrender.

Do you know how hard it is to hit an iceberg going 20 miles an hour with 1 mile visibility?

6) Gold is a valuable and rare commodity with many uses which cannot be reproduced so it costs a lot of money. But it can buy you many more interesting things. It can’t be used as money because of its rarity and its non-monetary uses. It never will be again.

LOL It still is used as money. They don't keep coal in the vaults, they keep gold.

7) You are not describing economic conditions accurately if you believe we were “fine” under Jackson. We were far from it and were mired in the worst depression until the Great Depression as I have told you. Study the real history of he period. It is filled with class conflict, strikes, riots, and immense suffering. Largely because the money supply was either too low or too concentrated in the East or both.

Mountains out of molehills. The bottom line is the country expanded greatly in between the central banks and now we face the collapse of our nation due to the collapse of our currency.

8) Debt is an inextricable and necessary element of capitalist economics. Without debt growth becomes very difficult.

A value-based economy hasn't been tried on a large scale. Computers make it more possible to go from a debt-based economy to a value-based economy. We just have to make rules to keep the dirty birds from implementing their usury on a large scale like they have since the beginning of modern times.

9) Gold supplies are insufficiently elastic to accommodate a growing economy and I showed you the figures, even though you ignored them. That is the reason gold will never again be a monetary instrument.

You continue to ignore the growth of the nation between Jackson and Wilson.

10) Currency values are determined by what they can buy and the dollar buys plenty.

Less every decade since Nixon.

11) Our currency and our debt have remained highly sought after from the time Hamilton established our financial system, one of the greatest works of genius in financial history. THIS system was one of the biggest reasons our economy grew and expanded during the 19th century. Our strength and power was thanks to Hamilton fought every step of the way by the Class Warriors.

Hamilton gave us treasuries. Jackson got rid of the central bank and we expanded greatly until Wilson. How do you explain the Great Depression? Wasn't the Federal Reserve created to alleviate the boom-bust cycle?

12) Living standards IN REALITY have gone up during the 20th century until the last four years. Now compared to some calculated index it may not have but when viewed correctly they clearly have. Medical services, automobiles, electronics, house size, computer technology, vastly expanded choices throughout the economy have all exploded in beneficial ways not picked up by price indexes.

The standard of living hasn't hardly moved since we went completely off gold under Nixon.

38 posted on 10/07/2012 6:20:01 AM PDT by Partisan Gunslinger
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