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It's the currency - STUPID!  Rating:  Rating
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 Posted: Mon Jul 30th, 2007 06:14 pm
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Joe Kelley
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http://www.lewrockwell.com/rossi/rossi16.html

Perhaps the greatest crime against Americans has been the debasement of our currency – though I am not talking about fiat money. What I am talking about is the debasement of our words and ideas.


 

I have yet to read the rest of the link above (beyond the quote above).

That quote is worth millions. Millions of lives. Millions of tears. Millions of fortunes. Millions of years.

It is the currency - stupid.

When the currency is designed to reach perfect information, then, the human species will survive - if possible.

The good war is the one defeating falsehood.

 
+++++++++++

I've read the rest of the link and as a result of my reading there now appears to be some confusion that can be worked upon in the effort to remove the confusion.

A very good explanation on the subject of 'collective' phenomenon is "Global Brain" by Howard Bloom. "Freedomness" is a collective product of many individual contributions of 'freedom'.

I think there is a real need to understand this phenomenon.

Example:

Roaches are free compared to rocks.

Human beings are free compared to Roaches.

Human beings may not survive the next huge meteor impact upon the planet earth.

Roaches may survive the next huge meteor impact upon the planet earth.

Does that make Roaches more free? What is the measure of 'freedomness' for roaches compared to human beings?

Human beings may be able to destroy the next huge meteor that will impact the planet earth.

Roaches can never destroy the next huge meteor that will mpact the planet earth.

How does the above words manage to measure the realtive 'freedomness' between Raoches and Human Beings?

If human beings do colonize another planet, then, will human beings import Roaches?

What is your personal level of 'freedomness' and how does  your personal level of freedomness add or subtract from the total level of 'freedomness' for the human species?

Anyone?

 

Last edited on Mon Jul 30th, 2007 07:14 pm by Joe Kelley

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 Posted: Tue Jul 31st, 2007 10:10 pm
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Suppose that you knew in advance that the U.S. Federal Reserve (Limited Liability Corporation) DOLLAR value was going to plummet.

That may be a long stretch of imagination – a pie in the sky speculation – a tin hat conspiracy theory.

Suppose; however – that you did know in advance that the dollar was going to crash.

Suppose, further, that you have a retirement account that is denominated in dollars, so, logically you decide to reinvest that savings into something that was not going to crash and lose all the value stored (like electricity in a battery leaking out due to a short in the wiring).

Suppose all the above is a given – just for the sake of finding agreement (forget about arguing – no one wins – on purpose).

Suppose a person in such an imaginary situation as the one described above decided to cash in their savings and the following investments were set in motion:

A rural piece of land was purchased.

On the north boundary is a gas station mini-mart.
On the south boundary is an agricultural farm
On the west boundary is an industrial factory
On the east boundary is a small residential community

Upon your property you begin to assemble Solar Panels, Wind Mills, and Storage devices. You hook up to the existing grid. You assemble quick connections to each corner of your property (for direct hook up to all your neighbors in case the Electric Company does not purchase your oversupply).

You purchase 20 Electric Cars, Plug – in Cars, and/or Hybrid Cars.

You hire 10 drivers to drive your cars in the nearby town where traffic jams are often a problem at peak hours.

Each driver is given a stack of cards to advertise the re-sale of electric cars and advertise where their cars can be fueled up over night.

Now, for those who do have at least a cursory understanding of physics:

A.   How much fuel does an electric car waste while sitting in traffic?
B.   How much can be saved in fuel if all the traffic jam waste is added up?
C.   How much fuel is used up in transporting electric energy from the central electric plant to all the end points of consumption?
D.   How much fuel can be saved if all the transportation costs are added up?
E.   How much will your 401K savings be worth in 15 years?

Is it the currency? Am I the stupid one?

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 Posted: Tue Jul 31st, 2007 10:11 pm
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http://www.informationclearinghouse.info/article18102.htm

However, the U.S. printed more dollars for which there was no gold backing. But the world was content to accept those dollars for more than 25 years with little question--until the French and others in the late 1960s demanded it fulfill its promise to pay one ounce of gold for each $35 they delivered to the U.S. Treasury. This resulted in a huge gold drain that brought an end to a very poorly devised pseudo-gold standard.  On August 15, 1971, Nixon closed the gold window and refused to pay out any of the remaining 280 million ounces of gold; but not without devising a new system for the dollar hegemony to spread.

An agreement was struck with OPEC to price oil in U.S. dollars exclusively for all worldwide transactions. This gave the dollar a special place among world currencies and in essence "backed" the dollar with oil.  In return, the U.S. promised to protect the various  oil-rich kingdoms in the Persian Gulf against threat of  invasion or domestic coup.  This arrangement  gave the dollar artificial strength, with tremendous financial benefits for the United States.  In November 2000 Saddam Hussein demanded Euros for his oil.  It was his arrogance that was a threat -- to the dollar; his lack of any military might was never a threat. At the first cabinet meeting with the new administration in 2001, as reported by Treasury Secretary Paul O'Neill, the major topic was how to get rid of Saddam Hussein


 

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 Posted: Fri Aug 3rd, 2007 10:21 pm
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http://video.google.com/videoplay?docid=-751298171535560228

"He madethe ultimate mistake; he actually wanted to print their own money from the U.S. Treasury. Understand that the Federal Reserve Bank is neither Federal nor Reserve; they are the problem destroying our country. "

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 Posted: Sat Aug 4th, 2007 05:18 pm
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http://www.informationclearinghouse.info/article18114.htm

Most Iraqis believe the invasion of 2003 was largely about oil.


 
http://www.youtube.com/watch?v=JBfjU3_XOaA&mode=related&search=

Lord don't they help themselves

Last edited on Sat Aug 4th, 2007 05:21 pm by Joe Kelley

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 Posted: Sun Aug 5th, 2007 10:27 pm
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http://forum.atimes.com/topic.asp?TOPIC_ID=10738

 

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 Posted: Wed Aug 8th, 2007 11:46 pm
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http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/08/07/bcnchina107a.xml

"China has accumulated a large sum of US dollars. Such a big sum, of which a considerable portion is in US treasury bonds, contributes a great deal to maintaining the position of the dollar as a reserve currency. Russia, Switzerland, and several other countries have reduced the their dollar holdings.

"China is unlikely to follow suit as long as the yuan's exchange rate is stable against the dollar. The Chinese central bank will be forced to sell dollars once the yuan appreciated dramatically, which might lead to a mass depreciation of the dollar," he told China Daily.

The threats play into the presidential electoral campaign of Hillary Clinton, who has called for restrictive legislation to prevent America being "held hostage to economic decicions being made in Beijing, Shanghai, or Tokyo".

She said foreign control over 44pc of the US national debt had left America acutely vulnerable.

 

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 Posted: Mon Aug 13th, 2007 03:13 pm
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http://www.informationclearinghouse.info/article18169.htm

Economic policy is not ‘accidental.' The Fed's policies were designed to create a crisis, and that crisis was intended to coincide with the activation of a nationwide police state.... The Federal Reserve is a central player in a carefully considered plan to shift the nation's wealth from one class to another. And they have succeeded. Nearly 4 million American jobs have been sent overseas, the country has increased the national debt by $3 trillion dollars, and foreign investors own $4.5 trillion in US dollar-backed assets. While the Fed has been carrying out its economic strategy; the Bush administration has deployed the military around the world to conduct a global resource war. These are two wheels on the same axel. The goal is to maintain control of the global economic system by seizing the remaining energy resources in Eurasia and the Middle East and by integrating potential rivals into the American-led economic model under the direction of the Central Bank. All of the leading candidates-Democrat and Republican---belong to secretive organizations which ascribe to the same basic principles of global rule (new world order) and permanent US hegemony. There's no quantifiable difference between any of them.

 

Dear reader,

If you read the whole article (I am not done with it yet) and you run accross the following words, then, re-read something 'telling'.

Sorry to say, but all of this sound a whole lot like the current moment, and certainly everything enumerated here will only worsen, and Panzner admits as much in the final chapters as he presents a world of chaos, lawlessness, hunger, thirst, homelessness, inveterate wandering, and people with nothing to lose doing whatever it takes, in order to survive.

 

That is what I call Self-fullfilling Prphecy or The Dooms Day Parade. The following is telling something:

I do not believe that all social issues can be resolved if only we change how money works in the United States or the world, but I am profoundly aware of the role of economic issues-perhaps more than militarism, healthcare, education, politics, or any other institution, in the dead-ahead demise of empire.

 

Note the use of the word "Money". The accurate word in context is "Currency".

Money does not 'work'. Currency works. Currency flows. Currency does the WORK.

Money is the store or battery. Currency is the stuff that moves.

If currency is OIL, then, currency moves oxygen and turns oxygen into carbon monoxide.

If currency is Solar Energy, then, currency moves light into electricity.

Electricity is currency.

Replace the flow of oil with the flow of Solar (and wind) electricity and what happens to Social Issues?

A. Weath increases in proportion to the increase in the flow of Sunlight being converted into electricity.

B. Costs decrease

C. Prices decrease

D. People become Power - Independent

E. Less fear, less torture, less mass murder, and NO MORE LEGAL CRIMINALS.

What is the problem?

 

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 Posted: Tue Aug 14th, 2007 01:49 am
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http://libertarian-library.blogspot.com/2007/04/j-w-improvement-in-machinery-of-law.html

We might go through an analysis of the whole business, and show the incalculable advantages of substituting inanimate machine in each department, but this would be tedious for me and the printer, a bare hint at each must suffice to set the reader fairly on the road to economy, and to show how much has been lost for want of such an improvement.

Do you want to see economy from a basic and principled viewpoint?

The principle is accuracy. If error is found, then, error is removed; that is a principle.

An opposing principle is one where error is found and error is utilized within the viewpoint.

Which is a more economical principle to use?

A. Accuracy

B. False

The concept of currency can be view from both principles.

A. Accurate currency

B. False currency

Currently the world is full of false currency flowing through the global economy like bad blood or polluted water.

Accurate currency strives to accomplish a specific utility or utilization aimed at accomplishing a specific task, on purpose, in time and space.

It is important to add time and space (distance between places).

Without time and space the utility of currency will not be accurate. Without time and space the accomplishment of currency will fail in proportion to the error.

The task given to accurate currency is to account for the creation of value and facilitate the equitable trade of value.

Example:

Person, city, county, state, corporation, business, or nation A creates 100 items per day.

Person, city, county, state, corporation, business, or nation B creates 200 items per hour.

A is 100 miles from B.

A needs the stuff made by A and B.

B needs the stuff made by B and A.

Currency accomplishes the transfer of the stuff from A to B accurately.

Currency accomplishes the transfer of stuff accurately when A sends as much as it can afford to send and receives as much as it can afford to receive and at the same TIME B sends as much as it can afford to send and receives as much as it can afford to receive.

When currency does not accomplish the equitable task of transferring the stuff accurately, then, A receives not enough or too much and, at the same TIME, B receives not enough or too much stuff.

When currency does not accomplish the job of equitable transfer accurately, then, A or B may work themselves to death while A or B does no work whatsoever.

Guess who has an interest in inequitable and inaccurate currency?

Why is accurate currency so difficult to accomplish?

A very likely answer is: Falsehood on purpose.

People have a vested interest in making sure that few, if anyone, can see, and spread, the concept of accurate currency.

It is very, very, easy to understand.

Currency need only account for the accurate amount of value created in time and space. That is all. That is enough. There isn't any reason to get more complicated.

This can clearly be seen from a viewpoint of modern banking.

Suppose the following products represented the major world economic supply of stuff.

A. Energy

B. Food

C. Water

D. Shelter

E. Clothing

F. Currency

Now add up the quantity of A through E produced today and transferred to the place of consumption.  Once that number is found (and it can be estimated and predicted for tomorrow based upon accurate statistical history), then, add up F.

If the sum of A through E is smaller than F, then, there is more currency required to facilitate the transfer of A through E.

Example:

A through E equals 1 trillion.

F equals 2 trillion.

F is twice as much as A through E.

Get this straight now.

TOTAL PRODUCTION AT THE POINT OF CONSUMPTION = 1 trillion

TOTAL CURRENCY = 2 trillion

That is global trade in one day from every point of production to every point of consumption.

In other words everyone managed to move everything needed from producer to consumer in that one day and the total currency supply was twice the amount of stuff moved.

What happens if the supplier of currency removes half the currency tonight?

This is an important question.

Remember: All the stuff moved today.

Tomorrow the supply of currency is cut in half.

What happens?

What happens if the supply of currency is RAPTURED tonight and tomorrow there isn't any currency at all.

If you cannot see this then perhaps I am not making myself clear. I am asking questions. This is clear to me.

If the entire world supply of currency is RAPTURED tonight where no currency existed on the planet earth, then, the stuff that moved with currency today will not move with currency tomorrow. People will need to replace the RAPTURED currency with something that will move stuff or stuff won't move.

This is easy to see. When you find something on E-Bay that someone else has you click some buttons on your keyboard and three days later the thing you want shows up at your door.

Currency does the facilitating job. Currency is the stuff that moves the stuff. If currency does its job, then, you get the stuff. You send stuff to get the stuff. What do you send? Where did the currency stuff come from? Do you need the currency stuff?

What does the currency stuff do?

Does the currency stuff do the thing it does well?

Is there enough currency?

Is there too much currency?

Is that not your problem?

What do you do when the electric bill is higher than your pay check?

Do you need more currency or do you need to make more stuff that you use to get currency?

What happens if you are the person, city, county, business, corporation, state, or nation that happens to be in the business of supplying the world with currency?

Do you make more currency whenever YOU want?

Do you make more of the stuff you make (even if you make laughs as a stand up comedian) or do you simply print more currency?

Can you force people to laugh?

Can you force people to use your currency if you continue to print much more currency than anyone needs?

If you are the one printing the currency (or adding zeros into a digital hard drive account), then, who do you credit with more zeros and who do you make sure that they get no more credit?

Did you know that hundreds of tons of 100 dollar bills were sent to Iraq and that these pallets of 100 dollar bills were lost; just like the hundreds of AK47s that were lost, somehow, in Iraq.

Come on people. Give credit where credit is due - please.

Last edited on Tue Aug 14th, 2007 02:01 am by Joe Kelley

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 Posted: Tue Aug 14th, 2007 05:24 pm
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http://www.informationclearinghouse.info/article18174.htm

Give credit where credit is due.

 

 

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 Posted: Tue Aug 14th, 2007 05:27 pm
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http://mondediplo.com/2007/08/02democracy

The US writer Noam Chomsky talks about the mechanisms behind modern communication, an essential instrument of government in democratic countries – as important to our governments as propaganda is to a dictatorship.



By Noam Chomsky and Daniel Mermet

 

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 Posted: Wed Aug 15th, 2007 05:50 pm
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http://www.informationclearinghouse.info/article18187.htm

Money is the sole criterion for all value including of ourselves. So we try constantly to show how ‘successful’ we are by showing how wasteful we can be. Contribution to society is not even in the reckoning any more. Sure, some of us, especially the new entrepreneurs are looking at ways to contribute. But in the same breath we idolize those who have institutionalized corruption in the land to such an extent that they actually have entire departments in their companies specifically dedicated for this purpose. We are a nation today where when 3000 innocent civilians were slaughtered in Gujarat, aided and abetted by the very government which they had elected, not one single industry head either raised his voice against it nor did he or she offer any aid to the victims who survived the heinous crimes committed against them,. Can you imagine this happening if Sardar Vallabhai Patel had been the Chief Minister of Gujarat?


We are today a nation where corruption in the Judiciary is called ‘Speed Money’ and is justified in that delay in project implementation would cost more. We are today a nation where murder by the state is called ‘Encounter Killing’ and the murderers are glorified by the name ‘Encounter Specialist’. We are today a nation where corruption is justified as a ‘reality’ that we have to face. By that we mean ‘accept’. After all, to fight corruption one would also have to face it, wouldn’t one? But that is not what we mean when we use the word ‘face’. We are today a nation where even lip service to poverty eradication is not fashionable any more. Instead even our communist party is killing farmers whose lands are sought to be ‘annexed’ to create walled fortresses called ‘SEZ’ for rich industrialists. Money talks. And nowhere does it talk louder than in India. For on this band wagon one can see some strange companions. Together are people who at one time ran organizations that were the symbols of corporate integrity and responsibility along with those who always stood for the axiom that ‘charity begins at home, so what’s good for me is good for the nation.’


 


Before I dive into the angle of view illuminated with the term "Speed Money" I'm going to link a Google Search on J. Krishnamurthy.


http://www.google.com/search?hl=en&q=J.+Krishnamurti


http://www.jkrishnamurti.org/


http://www.jkrishnamurti.org/quotes/2007-07-20_The_world_of_relationship


If we do not understand the world of relationship and bring about a fundamental transformation there, we cannot possibly create a new culture, a different civilization, a peaceful world. So it must start with ourselves. The world demands an immense, a radical change, but it must begin with you and me; and we cannot bring about a real change in ourselves if we do not know the totality of our world of thoughts, of feelings, of actions, if we are not aware of ourselves from moment to moment. And you will see, if you are so aware, that the mind begins to free itself from all influences of the past. After all, the mind is now the result of the past, and all thinking is a projection of the past, it is simply a response of the past to challenge, so merely to think of creating a new world will never bring a new world into being.


 


Speed money

If the family of human beings can be seen as an organism and this unit is alive with a blood traveling through it, then, it is possible to view what happens to the organism when the flow of blood changes.

Before moving onto a view of change it must be a consideration to view what the flow of blood in humanities organism looks like before the change.

What does the flow of blood look like before it changes?

Example:

Suppose you are shopping on-line and your screen shows a new thing that you must have and this new thing is in India. You type in the required information and send that information somewhere. Three days later the new thing arrives at your door.

You send something. Something arrives at your door.

The blood of humanity flows.

We are looking at the blood of humanity flowing; before it changes.

Now add up all the exchanges occurring today where all the people connected in the network of human existence send stuff and receive stuff. Humanity is like a single body where blood flows through it.

Now take away all the blood.

What happens tomorrow?

Today the blood of humanity flows and tomorrow there is no blood.

That is a change.

That is a change from one day where you send stuff and you receive stuff to a change where you can't send stuff and you can't receive stuff.

One day there is blood in the organism called humanity and the next day there is no more blood.

The change went from a flow of blood to a no flow of blood.

The consequences of the change should be obvious.

What happens if the bloodless condition lasts only one day and on the very next day a new blood is added to the organism called humanity?

One day the blood flows. The next day there is no blood.

On the next day a new blood is injected into the organism called humanity.

Which blood is best?

Corrupt, innacruate, deceitful, poisonous blood

Accurate and intending to account for the facts blood

This is as simple as asking which is better between lies and truth.

If you are a criminal and your business in life is to live at the expense of other people, then, you must incorporate falsehood in your business. This is fact.

Which do you prefer?

If the blood in the organism called humanity flows too fast from those who produce and maintain the blood supply to those who cannot handle Speed Money without corupting their own personal lives, then, the organism empowered with the job of creating and maintaining the blood supply is failing to govern that supply accurately. The supply of blood becomes a poison.


 

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 Posted: Wed Aug 15th, 2007 06:10 pm
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The fiscal imbalance meant the US was “on a path toward an explosion of debt”.
 

http://www.informationclearinghouse.info/article18183.htm

When currency is monopolized (competition is outlawed) the cost of currency becomes debt.

Debt is man made.

Credit is man made.

The 'explosion of debt' is created ON PURPOSE.

The means to that end is 'legal tender' and the OPPOSITE is FREE BANKING.

Competition between currency suppliers will tend to reduce the COST (interest) of currency to a minimum as competitors vie for the largest market share.

If all the currency competitors get together and make a deal among themselves to end this crazy notion of competition, then, they can maintain their monopoly control so long as no new competitors compete (don't join the cabal).

When the CABAL becomes more powerful than any other group or organization, then, that CABAL may become corrupt to a point where the competition will be tortured and mass murdered JUST to maintain the currency monopoly.

It IS the stupid currency.


 

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 Posted: Wed Aug 15th, 2007 06:25 pm
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http://www.informationclearinghouse.info/article18186.htm

So what can desperate citizens do in the face of a captured government?

 

http://www.thepetitionsite.com/takeaction/160029976

Any competition in the business of supplying currency removes power from the people who are currently in power. Add all the power of all the people who will compete and what do you get?

You get, or earn, a power-less criminal gang of self-confessed torturing mass murderers and Self-Government by THE PEOPLE.

Who owns the currency?

Who has the power?

It IS the Stupid Currency - how stupid are you?


 

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 Posted: Sat Aug 18th, 2007 07:53 pm
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http://www.informationclearinghouse.info/article18204.htm

In Washington, the old Iran-Contra death squad gang, back in power under Bush, fear the economic bridges Chávez is building in the region, such as the use of Venezuela’s oil revenue to end IMF slavery.

 

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 Posted: Sat Aug 18th, 2007 07:56 pm
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The Times editorials also serve as conduits for propaganda. On August 13, a Times editorial jumped on China for “irresponsible threats” that threaten free trade. The Times’ editorialists do not understand that the offshoring of American jobs, which the Times mistakenly thinks is free trade, is a far greater threat to America than a reminder from the Chinese, who are tired of US bullying, that China is America’s banker.
 

http://www.informationclearinghouse.info/article18201.htm

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 Posted: Sat Aug 18th, 2007 08:08 pm
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http://www.informationclearinghouse.info/article18201.htm

Think now:


A bank offers anyone a no interest loan to pay off their primary residence. The same bank offers a 1% interest loan for anyone using the loan to invest in Energy production or consumption (Making Electric cars and Solar Panels or Buying Electric cars or Solar panels as examples). 

The bank (internet start up business like E-Bay, PayPal, Google, E-Gold, etc.) can exist and offer these products (loans) so long as their costs (An internet connection) are lower than their income (1% return on all currency loaned).

 

Think a few minutes on that please.

 

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http://www.wtprn.com/Cheney_Collapse.html

Cheney has dumped another (estimated) $10 to $25 million in a European bond fund which tells us that he is counting on a steadily weakening dollar. So, while working class Americans are loosing ground to inflation and rising energy costs, Darth Cheney will be enhancing his wealth in "Old Europe". As Blackburn sagely notes, "Not all bad news' is bad for everybody."

This should put to rest once and for all the foolish notion that the "Bush Economic Plan" is anything more than a scam aimed at looting the public till. The whole deal is intended to shift the nation's wealth from one class to another. It's also clear that Bush-Cheney couldn't have carried this off without the tacit approval of the thieves at the Federal Reserve who engineered the low-interest rate boondoggle to put the American people to sleep while they picked their pockets.

The Bush-Cheney team has racked up another $3 trillion in debt in just 6 years. The US national debt now stands at $8.4 trillion dollars while the trade deficit has ballooned to $800 billion nearly 7% of GDP.

This is lunacy. No country, however powerful, can maintain these staggering numbers. The country is in hock up to its neck and has to borrow $2.5 billion per day just to stay above water. Presently, the Fed is expanding the money supply and buying back its own treasuries to hide the hemorrhaging from the public. Its utter madness.

 

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 Posted: Sun Aug 26th, 2007 08:02 am
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Joe Kelley
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Joined: Mon Nov 21st, 2005
Location: California USA
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http://dailykos.com/storyonly/2007/8/24/22411/1187

Words are currency.

How about a riddle?

When does telling the truth result in torture?

 

 

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 Posted: Sun Aug 26th, 2007 08:04 am
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Joe Kelley
Administrator
 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6312
Status: 
Online
Mana: 
http://www.informationclearinghouse.info/article18249.htm

When the truth hurts.

 

 

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