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New Discovery! 2023 Hottest in over 120 Million Years 2024 and beyond in prophecy Questions This Speech Just Broke the Internet Status: Not Logged In; Sign In Economy See other Economy Articles Title: A very secret agent Source: A very secret agent URL Source: http://www.atimes.com/atimes/Global_Economy/MG27Dj02.html Published: Jul 27, 2011 Author: Chris Cook Post Date: 2011-07-28 10:16:46 by lucysmom Keywords: Fiat Currency, Fed Created Tax Credit Views: 48216 Comments: 80 There is a charade playing out in Washington at the moment in respect of the completely meaningless "debt ceiling" which the US maintains as a relic from the days of the gold standard. We are told that at the US Treasury's account at the Federal Reserve Bank there will soon be no more taxpayers' dollars, and therefore the Fed will soon be unable to make any more payments or issue any more cheques on behalf of the Treasury. The money has run out. This is nonsense. It is a myth, and moreover it is a myth that Federal Reserve chairman Ben Bernanke exploded in his recent testimony to a US congressional committee. Asia Times">Click for Full Text! Post Comment   Private Reply   Ignore Thread   Top • Page Up • Full Thread • Page Down • Bottom/Latest Begin Trace Mode for Comment # 67. #3. To: Badeye, A K A Stone, hondo68, Fred Mertz, Godwinson, go65, war, no gnu taxes, Skip Intro, ferret mike, jwpegler, brian s, mcgowanjm, Capitalist Eric, Mininggold (#0) The debt ceiling is a myth because there is no need to borrow to finance public expenditure and the creation of public assets. As Ron Paul points out, the Fed - which is ludicrously receiving interest from the Treasury in order to pay it right back again as profit - could actually waive or tear up the US$1.6 trillion Treasury debt it has bought through quantitative easing (QE), and it would make precisely no difference other than to reduce the National Debt at a stroke by that amount. lucysmom  posted on  2011-07-28   10:22:52 ET  Reply   Untrace   Trace   Private Reply   #18. To: lucysmom (#3) "...all of the equations in neoclassical economics are rubbish. The differential equations describe nothing. Economics is not about mathematics, it is about the human being." Sandeep Jaitly The fact that you not only accept such nonsense as truth,but even think it is profound truth says a lot about you. What next,"Engineering ain't about building a safe airplane,it's about the people who fly in the plane. If it gets off the ground."? sneakypete  posted on  2011-07-28   11:28:18 ET  Reply   Untrace   Trace   Private Reply   #22. To: sneakypete (#18) What next,"Engineering ain't about building a safe airplane,it's about the people who fly in the plane. If it gets off the ground."? Economics is one of the "soft" social sciences. It is by definition, about human behavior. Engineering is a "hard" physical science. It is about stuff and how stuff works. Human beings can discover how stuff works and use that information to design lots of products that human beings use, but it isn't about human behavior. lucysmom  posted on  2011-07-28   11:54:34 ET  Reply   Untrace   Trace   Private Reply   #32. To: lucysmom (#22) (Edited) It is by definition, about human behavior. No,it is about numbers. If it were about human behavior,it would be called sociology. sneakypete  posted on  2011-07-28   14:35:54 ET  Reply   Untrace   Trace   Private Reply   #33. To: sneakypete (#32) If it were about human behavior,it would be called sociology. Economics is a social science. Definition of ECONOMICS a: a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services lucysmom  posted on  2011-07-28   15:14:36 ET  Reply   Untrace   Trace   Private Reply   #41. To: lucysmom (#33) a: a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services You must be promoting slavery. sneakypete  posted on  2011-07-28   20:34:49 ET  Reply   Untrace   Trace   Private Reply   #54. To: sneakypete, lucysmom (#41) You must be promoting slavery. That's EXACTLY what she is doing. She's a slave... to the state. She worships them, and depends on the crumbs that fall down to her (admittedly low) level, to sustain her. Ironic, that she fights and argues in defense of her masters, and boldly wears her chains and shackles... MORPHEUS The Matrix is everywhere, it's all around us, here even in this room. You can see it out your window, or on your television. You feel it when you go to work, or go to church or pay your taxes. It is the world that has been pulled over your eyes to blind you from the truth. NEO What truth? MORPHEUS That you are a slave, Neo. That you, like everyone else, was born into bondage... ... kept inside a prison that you cannot smell, taste, or touch. A prison for your mind. Capitalist Eric  posted on  2011-07-29   13:46:46 ET  Reply   Untrace   Trace   Private Reply   #60. To: Capitalist Eric (#54) MORPHEUS That you are a slave, Neo. That you, like everyone else, was born into bondage... ... kept inside a prison that you cannot smell, taste, or touch. A prison for your mind. "A man is not free unless his will is free; and if his will is free, it doesn't matter that his body is bound." Your mind is enslaved Eric, that's why you're so angry. lucysmom  posted on  2011-07-29   16:58:49 ET  Reply   Untrace   Trace   Private Reply   #62. To: lucysmom (#60) Your mind is enslaved Eric, that's why you're so angry. It was. That changed in 1994, when I was able to see first-hand how much the MSM and nanny-state lie. The contrast between the truth and what the people of the Western world are told, is startling. Which leads to your second point- whether I'm angry? Of course I'm angry... Because the lies have become so outrageous, so in-your-face, so obvious, that one wonders how sheeple like you can remain so blissfully ignorant, so happy to stay a slave? You SIT there........ and you watch your CNN, you get spoon-fed your daily dose of pap by the talking-heads on TV, and you think you've got a good understanding of what's going on in the world... You move on to your reality- show entertainment, "Dancing with the Stars," or "Survivor," or "General Hospital," whatever bread-and-circuses entertainment satisfies your need for mindless entertainment... and you then have the GALL to tell me- or anyone else, for that matter- that we're "enslaved?" Chayefsky summed it up this way: "When the twelfth largest company in the world controls the most awesome goddamned propaganda force in the whole godless world, who knows what shit will be peddled for truth on this tube? So, listen to me! Television is not the truth! Television is a goddamned amusement park, that's what television is! Television is a circus, a carnival, a traveling troupe of acrobats and storytellers, singers and dancers, jugglers, sideshow freaks, liontamers and football players. We're in the boredom-killing business! If you want truth, go to God, go to your guru, go to yourself because that's the only place you'll ever find any real truth! But, man, you're never going to get any truth from us. We'll tell you anything you want to hear. We lie like hell! We'll tell you Kojack always gets the killer, and nobody ever gets cancer in Archie Bunker's house. And no matter how much trouble the hero is in, don't worry: just look at your watch -- at the end of the hour, he's going to win. We'll tell you any shit you want to hear! We deal in illusion, man! None of it's true! But you people sit there all of you day after day, night after night, all ages, colors, creeds we're all you know. You're beginning to believe this illusion we're spinning here. You're beginning to think the tube is reality and your own lives are unreal. You do whatever the tube tells you. You dress like the tube, you eat like the tube, you raise your children like the tube, you think like the tube. This is mass madness, you maniacs! In God's name, you people are the real thing! We're the illusions! ." -- Chayefsky, Network, 1976 You're a sheep. A mindless member of the herd, who takes what she can, and gives nothing in return. May the future bring to you EVERYTHING what you deserve. Capitalist Eric  posted on  2011-07-29   17:26:58 ET  Reply   Untrace   Trace   Private Reply   #66. To: Capitalist Eric (#62) Of course I'm angry... Because the lies have become so outrageous, so in-your-face, so obvious, that one wonders how sheeple like you can remain so blissfully ignorant, so happy to stay a slave? So then you're going to be angry until the world remakes itself in your image? You SIT there........ and you watch your CNN, you get spoon-fed your daily dose of pap by the talking-heads on TV, and you think you've got a good understanding of what's going on in the world... You move on to your reality- show entertainment, "Dancing with the Stars," or "Survivor," or "General Hospital," whatever bread-and-circuses entertainment satisfies your need for mindless entertainment... and you then have the GALL to tell me- or anyone else, for that matter- that we're "enslaved?" Again, you project. Your little story is yours, it has nothing to do with me or my life. lucysmom  posted on  2011-07-29   23:03:04 ET  Reply   Untrace   Trace   Private Reply   #67. To: lucysmom (#66) (Edited) Capitalist Eric: Of course I'm angry... Because the lies have become so outrageous, so in-your-face, so obvious, that one wonders how sheeple like you can remain so blissfully ignorant, so happy to stay a slave? Stupid bitch: So then you're going to be angry until the world remakes itself in your image? Nice attempt to avoid the point. But avoiding reality is what you do best. ME: You SIT there........ and you watch your CNN, you get spoon- fed your daily dose of pap by the talking-heads on TV, and you think you've got a good understanding of what's going on in the world... You move on to your reality- show entertainment, "Dancing with the Stars," or "Survivor," or "General Hospital," whatever bread-and-circuses entertainment satisfies your need for mindless entertainment... and you then have the GALL to tell me- or anyone else, for that matter- that we're "enslaved?" Again, you project. Your little story is yours, it has nothing to do with me or my life. It has EVERYTHING to do with your life, all pathetic protestations aside. You earlier posted a quote, that said "A man is not free unless his will is free; and if his will is free, it doesn't matter that his body is bound." My response is quite simple, and describes you to a "T." None are more hopelessly enslaved than those who falsely believe they are free. -- Johann Wolfgang von Goethe -- Capitalist Eric  posted on  2011-08-01   11:50:29 ET  Reply   Untrace   Trace   Private Reply   Replies to Comment # 67. #68. To: Capitalist Eric (#67) It has EVERYTHING to do with your life, all pathetic protestations aside. From a poster who believes buying and selling women is normal. Some of you Aspergers are just too funny and clueless. LOLOLOLOL mininggold  posted on  2011-08-01 11:57:32 ET  Reply   Untrace   Trace   Private Reply   #72. To: Capitalist Eric (#67) My response is quite simple, and describes you to a "T." None are more hopelessly enslaved than those who falsely believe they are free. -- Johann Wolfgang von Goethe -- Your response or Goethe's? Gandhi was more free in prison than you are on the outside. lucysmom  posted on  2011-08-01 12:33:06 ET  Reply   Untrace   Trace   Private Reply   End Trace Mode for Comment # 67. 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