interest overnight bank rate down to 0.06%:

[decoy409]

Great! Then you can direct the people to the GAS station where the gas is on sale. And while you are on giving directions,direct the people to where the UTILITIES are on sale too. I am sure they would appreciate that!


And break down that TAXPAYERS took the money if you would. But if you are talking about that EASY CREDIT then no ned to break it down,just don't include all taxpayers.

[decoy409]

I had to take the 3 thumbs up back right after I gave them. The poster was not deserving of such. But I did give the oppurtunity.

Now if we could simply take away prior to pre-f** ups,or catch them right after they f**up,and cuff them and stuff them,then we would be onto something. However those times have not existed for years.
The role playing process was reversed and needs to be swung back around. Nothing any of us are going to see in our lifetimes.

[Aman A.K.A. Ahamburger]

I could care less if you like what I say. The fact is, that aside from commodities aka GAS, OIL, ect,ect.. What is more expensive now, than in '08? Even gas is cheaper than in 08 and 07 where I am. Lets see here houses...nope. Cars.....Nope. Um retailers are they having discounts?? Hmm NO NO, LOL. Your grocery stores are having sales all the time I know that, so if your paying full retail for groceries your an idiot.

Yes genius I am talking about EASY CREDIT! Unfortunately your neibour is part of the problem or solution, just like mine. It happens when you are part of a society.

[lifewasgood]

Deleted due to TOS /COC violation : Spam All links post is considered spam.. You may re-enter it with a reasonable amount of Text.. Add why these are important.. etc Please relate this to the stated subject..please stay on subject...

Bi Metal

[lifewasgood]

The banks exercise control of nearly every aspect of our lives. I cannot conduct business without using a bank. No way around it! I would like to hear examples of how not to use a bank for everyday transactions. Businesses and Private individuals.

[tyfighter3]

LOL, I think you would be surprised at just how many people that don't use a bank to run their business in this Country.

[lifewasgood]

Ty,

Please provide a little more insite, I would be very interested in knowing of business that is conducted without a bank account in this country by any company with a TIN, D&B or CCR registration number.

Or anyone else that would like to provide please do.

[lifewasgood]

You do realize in most states if not all, it is required to have a bank account prior to starting the registration process to do business.

[tyfighter3]

All I know is that you have lived a sheltered life if you don't know what I'm talking about. There is a large underground in this country that pay no taxes, have no bank accounts and still drive the most expensive cars you can find and don't care how much gas mileage they get. It's the reason why our prisons are so full.

[lifewasgood]

Ty

I am discussing legitimate business and how banks exercises control. Bringing in illegal activities in this discussion is just a deflection. FYI, even many of the illegal activities use banks to launder money.

www.bloomberg.com/news/2010-06-29/banks-financing-mexico-s-drug-cartels-admitted-in-wells-fargo-s-u-s-deal.html

[tyfighter3]

You asked a question in post 35 and I gave one example of where a bank doesn't control it.

[lifewasgood]

Well now it has been clarified to legitimate business and individuals within the law.

Now try again DH

[Aman A.K.A. Ahamburger]

Jul 24, 2011 11:50:56 GMT -5 tyfighter3 said:

All I know is that you have lived a sheltered life if you don't know what I'm talking about. There is a large underground in this country that pay no taxes, have no bank accounts and still drive the most expensive cars you can find and don't care how much gas mileage they get. It's the reason why our prisons are so full.

I agree, sheltered, and life if you let your money control you, I can see how you would feel as a free man that the banks have control over you. The banks have a lot of influence in the financial world that is for sure.

To expand.. Think about some of those links.. The deposits and holdings. That is there to protect people, how?

Well you see my "friend" could write me a check for 5g. I can go cash this check and if they don't verify that my friend has those funds, voila I have 5k FREE out of the ATM.. A lot of these things that people think are their to "control" them, are there to protect them from the people that Ty is mentioning.

These people life, have LOTS of control, try and have something shipped in Russia, it's not the banks you have to pay off so your stuff isn't ripped off. Mexico, you get pulled over by the Federalies or worse the cartel, you don't have to pay the banks to get out of that situation. A banker has never shown up at someones house in the middle of the night with a 9mm and demanded payment, and no banker has ever taken your family hostage because you didn't pay off your loan.

It's a three dimensional world. You live in the free one, thank god for that, I know I do.

[maui1]

All I know

ty- you don't know anything, let alone "all"

making an argument based on illegal activity, shows how much you know.

[maui1]

Many non-necessities are down in price because necessities are eating up every dollar. So, if you think that rising food, utility and gas prices are properly counterbalanced by falling prices for vacations and massages, you too can be an economist.

well said........and to the point!

[Aman A.K.A. Ahamburger]

Jul 25, 2011 7:51:57 GMT -5 @toughtimes said:

Many non-necessities are down in price because necessities are eating up every dollar. So, if you think that rising food, utility and gas prices are properly counterbalanced by falling prices for vacations and massages, you too can be an economist.

Someone who doesn't understand that asset prices are artificially inflated right now due to speculation, Which was Ben B.'s play for trying to beat deflation. Per O&G.. O&G thought it wouldn't work. It seems with all the "inflation" evidence that it just might have worked.

(bold is edited was inflation..)

[Aman A.K.A. Ahamburger]

The solution will follow because the economy is slowing piking up. Slow is the problem that most people have, I understand that family need the necessities, it's tough when times are tough. However at least we have something to strive for. Most of the world doesn't understand toughtimes because times are always tough. The underlying theme is that without inflation we would be in a deflationary spiral.

[maui1]

The underlying theme is that without inflation we would be in a deflationary spiral.

that sounds so definite. how can you be so? you seem to be the only person if the world that knows the direction of the world economy, definitely.

[Aman A.K.A. Ahamburger]

Jul 25, 2011 12:55:55 GMT -5 @maui1 said:

The underlying theme is that without inflation we would be in a deflationary spiral.

that sounds so definite. how can you be so? you seem to be the only person if the world that knows the direction of the world economy, definitely.

Nope, there are lots of us, just only a few around here. How can I be so sure? PER O&G!!!! I hope he is still doing ok!

Your right TT a certain amount was necessary, that's where the speculation problem comes in. Things have got better in the market faster than the economy has.

[maui1]

necessary price to avoid massive bank failures

massive bank failures is what we needed. in capitalism, if there is no loser, then there can be no winners, as we all lose..................slowly and painfully.

[Aman A.K.A. Ahamburger]

Massive bank faluires DID happen.

[maui1]

most were bailed out........and all investment firms were converted to banks, to make matters worse.

"to big to fail"........became "to really BIG to fail" after the bailouts

[lifewasgood]

Further Toughtimes, we should have broken the mega backs up into more regional banks. This would have removed much of the banking power and cushioned the fall if some of regional banks failed. TBTF should be outlawed and never spoken of in a free market society.

[Aman A.K.A. Ahamburger]

Jul 25, 2011 7:27:01 GMT -5 @maui1 said:

All I know

ty- you don't know anything, let alone "all"

making an argument based on illegal activity, shows how much you know.

Fist off maui this really bugged me, normally I just leave things like this alone, but Ty is

Second, All I know, is a turn of phrase. It means that if he knows ONE thing it's this.

It's also very important to bring up because we have free people sitting around here trying to convince others that what we have is controlled. When it was exploited for the profits of a few CRIMINALS!

We have it better than ANYONE, and the reality is, that is because of Business, money , fiance , and BANKS. One of the oldest bank accounts is over 100 yrs old.

Jul 25, 2011 15:38:25 GMT -5 @toughtimes said:

Massive bank failures would be a bigger problem than you think since our currency is essentially created from those bank loans. There may be as few as a couple of pennies on deposit for every loan outstanding. The fractional reserve banking system is an excellent way to spin money from nothing, but when one deposits say, 10K or so, one expects every dime to be there.

What we should be doing now is orderly winding down the affairs of the worst banks while re instituting Glass-Steagall. A salubrious wave of firings is in order also.

Yep.

Unfortunately the guys who knew we needed the TBTFs, have gotten away with, it so far. We will see what happens going forward.

Unfortunately there is a silver lining in keeping the TBTFs alive long enough to sort their shit out. There is still an economy to wake up to and strive to fix. Plus, look at all the people around the globe that want freedom now. Their leaders have tried to convince them for years that we had it worse then they do, that we were slaves, and that our way was about to crumble. Now they see that we are still going, and they still have a donkey to ride, or a shack to share.

However, the real news is that 14 states are looking at adopting a BND! This will put a lot of control into the macro economies of the states, and most likely a lit of money. ND runs a surplus as far as I understand it, a lot has to do with the BND.. Per BTI. However, there would still be a USD

The flexibly in the FED system, again, might prove to be one of it's greatest assets.

[lifewasgood]

You speak from a land I do not know, you are classic in believing the dogma of the times. We are suppose to feel good after losing half of everything, just because we are still ahead of the other guy. I don't buy into any of it. Your way of thinking promotes a class system with a great divide. I say just simply make the rules apply to all and let the winners win and losers lose. But please don't use that analogy when the deck is stacked against everyone accept the elite in the world.

Level the playing field and make the law apply to all without exception or loopholes!

[Aman A.K.A. Ahamburger]

Who says your supposed to feel good. How would it feel to have nothing right now, without the possibility of EVER getting it back?

There is nothing to buy into. If you think you have it that bad, I invite you to go and live in some of these other countries around the world that you apparently think have it better than the west does. Somalia perhaps?

You keep saying equal for all, and then talk about winners and losers. To very opposite things, the interesting thing about that is that the system that we still have has winners and losers and is the most equal system that has ever existen the HISTORY of our world.. For example..

en.wikipedia.org/wiki/Women's_rights

During the 19th century the right to vote was gradually extended in many countries and women started to campaign for their right to vote. In 1893 New Zealand became the first country to give women the right to vote on a national level. Australia gave women the right to vote in 1902.[40] A number of Nordic countries gave women the right to vote in the early 20th century – Finland (1906), Norway (1913), Denmark and Iceland (1915). With the end of the First World War many other countries followed – the Netherlands (1917), Austria, Canada, Czechoslovakia, Georgia, Poland,and Sweden (1918), Germany and Luxembourg (1919), and the United States (1920) . Spain gave women the right to vote in 1931, France in 1944, Belgium, Italy, Romania and Yugoslavia in 1946. Switzerland gave women the right to vote in 1971, and Liechtenstein in 1984.[40]

Now there is a lady in Australia that owns a bunch of mines and other related companies that is on track to become the richest person in the world.

Another good example.

en.wikipedia.org/wiki/African-American_Civil_Rights_Movement_(1955%E2%80%931968)

Noted legislative achievements during this phase of the Civil Rights Movement were passage of Civil Rights Act of 1964,[1] that banned discrimination based on "race, color, religion, or national origin" in employment practices and public accommodations; the Voting Rights Act of 1965, that restored and protected voting rights; the Immigration and Nationality Services Act of 1965, that dramatically opened entry to the U.S. to immigrants other than traditional European groups; and the Fair Housing Act of 1968, that banned discrimination in the sale or rental of housing. African Americans re-entered politics in the South, and across the country young people were inspired to action.

What's the situation like now? How about we ask Mr. Obama?

You do realize that there have only been two times in our history really when human rights have made any kind of progress right? That would be PAX Roma, and after the Revolutions of the 17th century. One set of rights was given by an Emperor and the later was taken. Now, look at China and all the people around the world that want freedom.