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designedbysense
Joined: 07 Jan 2009
Posts: 5
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 Posted: Thu Jan 08, 2009 8:42 am Post subject: |
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GhostFromThePast
Message #341
12/28/08 10:19 AM
| Quote: | How about the so-called brains in DC do their job.
Warren, the congressional watchdog appointed by Democrats, said her oversight panel will try to force the banks to say where they've spent the money. "It would take a lot of nerve not to give answers," she said. (http://www.cnbc.com/id/28344934)
Try? Try....
Pressured by the Bush administration to approve the money quickly, Congress attached nearly no strings on the $700 billion bailout in October. And the Treasury Department, which doles out the money, never asked banks how it would be spent (http://www.cnbc.com/id/28344934)
LOL... private jets?
Must be nice to not have to work for your money and just get a check in the mail
This is pathetic. Why do we taxpayers even work? Why do I program for a living? Why do I run a business? What is the point of a society that takes from the working class and gives to the wealthy sloths?
I demand banking transparency and others should too. No more bailouts without proper accounting! Audit them now! I am forking over the money, so I want documentation on how the money will be used and accounting of every penny spent!
Who is the bailout really helping? Question? I have no clue, do you? |
That will be the day, when they really "do their job".
Hey, this has been suggested. It doesn't seem like they really want to know where the banks are spending the money, as my links previously demonstrate.
Congress now certainly should demand more accountability. Enough of this charade of pretending they are going to do something about the lack of accoutability.
Good question. Who is the bail-out really helping? It is helping the private -b-a-n-k-s--- who run the whole thing, as the previous blog links posted demonstate.
danshirley
Message #342
12/28/08 10:54 AM
HA HA HA HA HA
| Quote: | | Thanks for the laughs folks. Questions like this always bring out the comedians in full force. I especially like the ideas where the government sends me a check every month. Luckily it doesn't matter what any of you think since there is no chance of anyone listening to you or Jubak. The sad part is that the people who will determine what is done don't make all that much more sense...they just have a lot more power. That's why THEY get the money. Why waste your time pontificating when nobody gives a sh*t? Spend your time figuring out what WILL happen and how you can best take advantage of it... or at least survive it. |
I bet those guys at the banks are laughing all the way also, while they take our tax payer money. S-c-o-u-n-d-rels-- and v-i-l-l-a-i-ns--- they are.
htmanning
Message #343
01/07/09 03:57 PM
| Quote: | Many believe the economy won't improve soon unless the rate of housing foreclosures reverses course.
I've been a real estate broker for many years. Consider this idea:
Allow the FED (now our lender of first resort!) to directly buy into a portion of a mortgage when a homeowner attempts to refinance, but is turned down because of the lenders' stricter lending standards.
A Homeowner's failed refinance attempt is often the last straw. If he can't keep his payments up at the current monthly payment he may be facing a 'short sale', or full foreclosure. This is of course the problem.
Here's my idea:
That homeowner who was turned down, (unable to refinance), asks his lender (who couldn't help him), to apply to the "Mortgage Support Corp." for help. (My made up name for the enabled money.)
The plan receives money directly from the FED (Treasury) via the "Mortgage Support Corp." This money is lent to the 'qualified' homeowner in the form of paying down 1/2 the value of the existing note and creating a 2nd note (lien) at a rate 1/2 the rate of the original note.
The 1st lien (the original remaining loan) must be re-written for the same amount remaining on the original account in order to reflect that the payment on that original amount shall be cut in half. The Mortgage Support funds note interest rate shall be 1/2 the original loan rate, not to be less than say 2.5%. With the original loan rewritten to reflect that portion of the loan cut in half, together with the second loan rate at 1/2 the interest rate of the original half, the effective rate is cut by approximately 25%. (I.e. if a 6.6% original note - the second is written at 3.3%)
The re-writing of the 1st would require the original lender's approval, but since his risk will have been hugely reduced, I don't see why that lender would object.
The 2nd lien must be paid down together with the 1st in one payment, just as is done with a 'Wrap-around mortgage'. A collection escrow can easily track of both loans (as they commonly do).
The lender who could not risk what the government might do for the struggling homeowner, should oversee all the paperwork for a fee equal to the average local going rate or be made bid-able to mortgage brokers and other lenders.
These new loans ought to also be assumed by qualified buyers to enhance the marketability of the subject property.
The home-owner has a chance to save his home while maximizing his credit standing. The rate of foreclosures will diminish (the whole object of this idea) to the extent the program keeps homes out of foreclosure.
Meanwhile, the fed will hopefully be doing financially better, rather than shoving money into the pockets of those lenders waiting for better times. For example, if the original loan costs 6.6%, 1/2 that cost, 3.3% would be paid to the Mortgage Support Funds Corp. to repay that loan.
Another option to this idea would be to allow the homeowner to enable the government to take an Interest in Common in the property upon a similar payoff as described above, but that's another idea for brainstorming.... |
I like these ideas. The government needs to step in to avoid foreclosures. However, as posted in the previous blog, the Fed cannot lend money directly to us small people. They can loan however to pools, so a pooling system would work.
It seems some still do not get it also, on why they are shoving money at the banks. Again, look back at the original blog posts as they explain this. |
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designedbysense
Joined: 07 Jan 2009
Posts: 5
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| Posted: Thu Jan 08, 2009 10:05 pm Post subject: |
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In attempting to resolve the financial crisis, everyone has gone bizzurk and got it all wrong. All the solutions are only increasing government debt and creating further problems and could all spell disaster.
PART I
The author of the Gloom, boom and doom report speaks out
The recession is to spread.
Mark Faber
2009 is to very bad, contracting economy.
According to Mr. Faber, the Obama intervention could spell disaster ----->>>
Government plan to affect prices totally incorrect. (And affecting stock market). Fiscal and monetary intervention is bad, not good.
Government support of asset prices could spell disaster. The current intervention in the market totally incorrect.
Capitalism is Darwinian.
Who is responsible for the housing crisis ?
According to Mr. Faber, government intervention produced the greatest housing bubble world-wide. Thus, the government intervention is responsible for the whole mess.
http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vFxGybnAJsiA.asf
The SCC that should have intervened was sleeping all the way. The entire SCC should be sent to jail.
It will take 5 years before the world recovers, according to Mr. Faber.
PART II
The Manipulation of the Gold Reserves -->>
http://seekingalpha.com/article/109210-the-manipulation-of-gold-prices
Bernanke plans to devalue the dollar against gold.
Fed buying toxic assets in a secretive manner without having to respond to Congress.
Bail out funds are being used as equity investments and interests. They are gambling with borrowed money.
| Quote: | | Official bailout funds have been used to buy equity interests in the various banks instead. By avoiding the use of monitored Congressional funds, the Fed has embarked on a secretive campaign to buy toxic assets. They have refused to give any accounting of their activities, even though they are using taxpayer money to do this. The Fed has refused, for example, to comply with a “freedom of information act” request from Bloomberg News. That refusal is now the subject of a major lawsuit. |
Fed printing dollars on a massive scale then calling them back into vaults to be held untill it can lend them out again and make supposed massive profits -->>(A big gamble).
| Quote: | | The Federal Reserve has embarked on the biggest money printing surge in history, though the world economy has yet to feel its effect. To prevent newly printed dollars from causing immediate hyperinflation, these newly printed dollars have been temporarily sequestered into the banking industry’s reserves, rather than being released for general use. This was done in a number of creative ways. |
Treasury bills being sold overseas to gulible buyers. Sale of US bonds also brought in significant money to the Treasury.
Fed doing a big gamble and taking all the lending risks. It could make big or go bust in the process.
| Quote: | | Banks are borrowing from the Fed, then taking the same money, redepositing it, and earning a spread on the interest rate differential. Banks can also deposit newly printed dollars into a category known as “Deposits with Federal Reserve Banks, other than reserve balances.” This category also earns interest in a similar way, and has risen from $12 billion to $554 billion in the same time period. The funds will eventually be used for direct lending from the Fed to open market borrowers, at huge levels of risk that even the free-wheeling cowboys who run things at America’s private banks are not willing to accept. |
All the risk is being transfered to the tax payers.
| Quote: | | The Fed will eventually make the loans itself and take all the risk, while using the private banking system as merely a means for delivery. |
Manipulations of numbers by Fed
| Quote: | | The extent of manipulations engaged in by this Federal Reserve is mind numbing. The total number of sequestered dollars has now reached well in excess of $1.2 trillion dollars. That means that Fed credit, so far, has been effectively increased only by about 10%, over the last 2.5 months, rather than 150% that appears on the surface of the Fed balance sheet. The rest is temporarily sequestered. |
Fed set-up currency swaps with other countries as a guise.
| Quote: | | In truth, the Fed needs the foreign currency more than the foreign central banks need dollars. The Fed is using its new foreign currency resources, in part, to control the value of the dollar, and to ensure that U.S. bailout bonds are sold for the highest possible prices at the lowest possible long term costs. Anyone who buys long term Treasury bills is going to lose a fortune of money in the long term. |
Feds Measures are also responsible for fall of prices of commodities
| Quote: | | All these actions, taken together, have supported the dollar overseas, and led to a breakdown of the commodities markets. The adverse effect of a paradoxically rising dollar has been especially severe in dollar dependent commodity producing nations, such as Ukraine. |
Stock Market being Artificially held by government cash
| Quote: | | Real investors are fleeing the stock market, and stock indexes are becoming more and more dependent upon government cash in order to avoid collapse. |
Stock market is being artificially controlled by the goverment.
Government buying of securities is artificially pumping up the stock market.
Putting sequestered funds back into the system causes stock market to go up. Removing them causes it to go down.
Monday's restriction of money supply caused damage to the stock market.
Withdrawals from mutual and hedge funds could spell disaster if government keeps intervening too much in the stock market.
Bernanke is literally holding the world economy in his hand.
Bernanke is playing a dangerous game with the world economy -->>
| Quote: | | If the Fed repeats this performance over and over again, stock investor psychology will be seriously harmed. Withdrawals from mutual and hedge funds will accelerate. The stock market will sink at an uncontrollable rate, and the world will surge onward toward Great Depression II, much worse than the first. At some point, there will be nothing the Fed can do about it, no matter what manipulations it attempts. Hopefully Ben Bernanke is aware of the dangerous nature of the game he is playing. |
Bernanke plans to devaluate the dollar against gold
| Quote: | | Anyone who reads the written works of our Fed Chairman knows that Bernanke’s long term plan involves devaluing the dollar against gold. |
| Quote: | | Revaluation of gold, and a return to the gold standard, is the only way that hyperinflation can be avoided while large numbers of paper currency units are released into the economy. |
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fiuman
Joined: 09 Jan 2009
Posts: 3
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| Posted: Fri Jan 09, 2009 9:22 pm Post subject: suggestions and ideas to solve the financial crisis |
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January 4th, 2009 1:07 pm ET
Your comment is awaiting moderation.
Ali …good suggestions, however the solution to the finances of the worrld , rests in restarting the economies of the world , the restoration of business as usual ,stop immediately the practice of reposession of homes , which does result in homelesness , in deterioration and final distruction of these homes,the distruction of neigorhoods ,the writeoff of billions, dire consequences of this kind of policy include, the distruction of families , the stagnation of the economy leading to massive unemployment , I propose a very simple and practical solution parts of which follows, and I would be happy to sit with anybody that could be instrumental in proposing my ideas to President elec Barack Obama, or anyone else hat could by his intervention implement all or parts of what I suggest.
Here we go!
The homes that have not yet been reposessed , the homes that have not been evicted, all of the now empty in various condition of disrepair and in other ways sitting empty, returned to all of the former owners , excluding speculators and otherwise part of the problem.
These homes after being reasessed are offerd to the original or not original owners to repuchase at going prices , at affordable financial terms , and here lies the crux, for this extraordinary times , this one time only solution, which does not include any bailout at all , taxes and interest would be paid at going rates, and other expenses such as legal..
As I suggested above this is a one time only solution.
The way it is done , is by changing the terms of repayment, from the forty years mortgages to a doubling the repayment terms to eighty years or to what ever makes sense as long as it does the job.
The resultant would immediately be felt by the economy , by reawakening an immediate need for all kinds of goods related to construction, furniture etch. You have my name, my email is fiuman@shaw.ca
The strategy of increasing the repayment period can be applied right accross the spectrum, as it applies to all of the usold cars and trucks, money that could be used for the restructuring of the car industry..
I think I devolged enough in the above to clarify or otherwise explain this simple strategy , (that seems to have escaped the brightest minds,) My grand children 13 years of age had no problem understanding. If you believe that there is really no reason why the federal governement would or could not decree that, to alleviate the present crises , either for ever or just this one time, will change the repayment terms for mtgs. in trouble,to
amortize in 80 years, for the automobile co, to amortize in 120 months, and all credit card debt also amortize in double the time, that action alone would not hurt the banks, but it would help them, in less words should every lender do that, all f a sudden the country would be flash, or liquid.
And the crisis would begin to solve itself!
YOUR OPINIONS PLEASE AND FORWARD THESE THOUGHTS TO BARACK OBAMA , PERSONALLY, i CLAIM COPYRIGHTS AND SEND THE MONEY PLEASE.
Boris R Del Mar |
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designasense
Joined: 04 Jan 2009
Posts: 11
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| Posted: Sat Jan 10, 2009 5:04 am Post subject: |
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It is nice to finally see someone new join this discussion with an intent to solve the crisis and sharing some new idea.
However, it doesn't seem any loan company or bank will want to grant credit to buyers in terms of 80 years simply because the majority of people who take loans on these terms may never end up paying them off. This because, for example, if a person who is loosing his home is now 40 years old, he would be 120 by the time it was paid off, and therefore dead. No bank or financial institution will want to sell a home to a dead man. So this is impractical to implement.
Additionally, you won't be able to claim copyrights on your ideas this way. And this topic is not one to expect to get paid from. In fact many free ideas and topics/posts being created and being shared are not being given the proper credit and worth they deserve. So if you are in it for the money or are seeking some type of special recognition you have not come to the right place. |
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designasense
Joined: 04 Jan 2009
Posts: 11
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| Posted: Sat Jan 10, 2009 6:02 am Post subject: |
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Instead of trying some magical formula to "solve the financial crisis", why don't we all ask how it really started in the first place? We will quickly find that the official information we are getting is simply not true.
And this hast to be one of the best written articles I have seen around lately on what is really happening now, from an insiders perspective -->>
http://seekingalpha.com/article/109210-the-manipulation-of-gold-prices
This article was commented on above. |
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designasense
Joined: 04 Jan 2009
Posts: 11
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djswan
millennium club
Joined: 17 Aug 2007
Posts: 1119
Location: Montana, USA
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| Posted: Sat Jan 10, 2009 8:58 am Post subject: |
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Slow down and please get on drugs because you need them. yep, that's my first two suggestions for fixing this economy... and very ontopic I might add.
Third would be....screw this economy, it ain't worth fixing. I say demo it.
On a side note, it would be cool to have multiple forum names. I've been thinking about a few.
I'm calling dibs on these.
Supremebeingdesigns, Sithlorddesign4.0, QuoteMcQuoterton, MagnumQuote, Designquote, pocketful'Oquotes, adognamedquote...
_________________
n/a |
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designasense
Joined: 04 Jan 2009
Posts: 11
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| Posted: Sat Jan 10, 2009 9:06 am Post subject: |
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| djswan wrote: | Slow down and please get on drugs because you need them. yep, that's my first two suggestions for fixing this economy... and very ontopic I might add.
Third would be....screw this economy, it ain't worth fixing. I say demo it.
On a side note, it would be cool to have multiple forum names. I've been thinking about a few.
I'm calling dibs on these.
Supremebeingdesigns, Sithlorddesign4.0, QuoteMcQuoterton, MagnumQuote, Designquote, pocketful'Oquotes, adognamedquote... |
Now that is a good one. They actually get one laughing once in a while, for a change.
:0)
Again, almost time to check out of this half-life and join the club for a new name. That way we avoid boredom.
 |
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fiuman
Joined: 09 Jan 2009
Posts: 3
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| Posted: Sat Jan 10, 2009 3:16 pm Post subject: |
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Thank you for replying to my suggestions,,while I know you have read the article, your response is typical , assumes that the time of the terms is too long, home mortgages have been amortized for years at forty years
chances are ,given that the average american moves every five years statistically,the house is sold to the next client,the bank automatically will extend him a mtg. with an ammortization of 40 years ,so life goes on , it doesnt' really matter, my house is over sixty years old I still have a mtge. on it of forty years ammortization, I only owned it for six years, I will sell this house soon, and the next buyer will probably get a new mtg. the banks are happy to lend to people that pay their bills, the longer the better, if your credit is lousy, they will only extend mtgs. to you if some one cosigns or are directed to do so by governement incentives, and they just got a big one , do you remember the buyouts?
Now immagine the banks , private mtge,co. and all issuers of credit, dealing with theyr own good customers , they would be or should be happy to extend credit to them their whole life,and they probably do, there are more good paying customers than bad ones, besiodes what do banks do , they lend money !
The problem is that people, are not borrowing, when they dont, Banks go broke, you heard of what is going on right now, people are not buying ,therefore not borowing, one of the reasons is that their credit is maxed out, if they were to amortize in longer terms, all of a sudden they would gain by creating a lot of liquidity, I hope you see that, for the life of me people in Barack's cabinet dont see that, the solution I propose, would revolutionize the financial business allover the world , the ramifications of this kind of action, are numerous, and mostly good
read my article a few times with an open mind, and let your mind immagine a scenario that makes sense.
If you are conversant ith the computer, I would appreciate a bit of help in conveying the message to the President elect, I am 75 years old Canadian from Vancouver, and I struggle with computers,and just to touch a bit your dismay in thinking money etch, I said that in jest, if I was concerned about money I would not have divulged this valuable idea , I read somewhere about getting rewarded for the best idea..do I have a chance?
Thank you for responding , please do it again!
Bo |
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csintexas
millennium club
Joined: 06 Feb 2006
Posts: 2174
Location: USA
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| Posted: Sun Jan 11, 2009 10:24 am Post subject: |
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I don't think extending the loan period is a new idea. I do not know why it is not done -perhaps investors want their money returned faster.
In good times the banks actually liked the foreclosures. They made fees, got house payments and then repossessed and sold the house again for even more money. It wasn't until prices and demand fell that they decided it wasn't so good after all. Now they are not happy because their investment has lost a large part of it's value.
_________________
-Chris Stewart
http://bcshdb.blogspot.com >
The B/CS Home Design Blog |
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designforsense
Joined: 11 Jan 2009
Posts: 12
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| Posted: Sun Jan 11, 2009 1:40 pm Post subject: |
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| fiuman wrote: | Thank you for replying to my suggestions,,while I know you have read the article, your response is typical , assumes that the time of the terms is too long, home mortgages have been amortized for years at forty years
chances are ,given that the average american moves every five years statistically,the house is sold to the next client,the bank automatically will extend him a mtg. with an ammortization of 40 years ,so life goes on , it doesnt' really matter, my house is over sixty years old I still have a mtge. on it of forty years ammortization, I only owned it for six years, I will sell this house soon, and the next buyer will probably get a new mtg. the banks are happy to lend to people that pay their bills, the longer the better, if your credit is lousy, they will only extend mtgs. to you if some one cosigns or are directed to do so by governement incentives, and they just got a big one , do you remember the buyouts?
Now immagine the banks , private mtge,co. and all issuers of credit, dealing with theyr own good customers , they would be or should be happy to extend credit to them their whole life,and they probably do, there are more good paying customers than bad ones, besiodes what do banks do , they lend money !
The problem is that people, are not borrowing, when they dont, Banks go broke, you heard of what is going on right now, people are not buying ,therefore not borowing, one of the reasons is that their credit is maxed out, if they were to amortize in longer terms, all of a sudden they would gain by creating a lot of liquidity, I hope you see that, for the life of me people in Barack's cabinet dont see that, the solution I propose, would revolutionize the financial business allover the world , the ramifications of this kind of action, are numerous, and mostly good
read my article a few times with an open mind, and let your mind immagine a scenario that makes sense.
If you are conversant ith the computer, I would appreciate a bit of help in conveying the message to the President elect, I am 75 years old Canadian from Vancouver, and I struggle with computers,and just to touch a bit your dismay in thinking money etch, I said that in jest, if I was concerned about money I would not have divulged this valuable idea , I read somewhere about getting rewarded for the best idea..do I have a chance?
Thank you for responding , please do it again!
Bo |
Thanks for the suggestions. As noted, users here vanish quickly and there is no true .r.e.s.p.ect.. for ideas, with members being .r.e.m.o.ved like this in such an unjust manner. Yet we are trying to do our best to help and post some ideas also that are unique and could lead to some major advances towards resolving the current .c.r.is.i.s.., despite the opposition.
In theory this idea of yours could work, but with the changing economy and changing reality now, it may not be possible for people to keep changing homes and properly so easily as before. Particularly since it will be more difficult to quality for a loan now, with the new economic reality we are facing. So the idea may be difficult to implement under the current outlook.
Further, in other countries were interest is very high, it would be impractical.
And no bank can forecast that far into the future.
If it is already difficult to buy a home and finish paying it when you retire, imagine how hard it would be if one had to leave it for future generations to pay. And taking on a loan from 80 years ago, that has been passed on 30 times to new buyers, each assuming new terms over different periods is not really such a good idea in my mind, even if it were to work.
It would be interesting to see others ideas on this subject matter as well, as well as other suggestions on resolving the current .c.r.i.sis. |
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designforsense
Joined: 11 Jan 2009
Posts: 12
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| Posted: Sun Jan 11, 2009 4:07 pm Post subject: |
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The majority of people are not aware of this -->>
http://www.libertyforlife.com/banking/federal_reserve_bank.html
B.a.n.k.s.t.e.rs, the ..W.o.r.l.d.s... Worst .G.a.n.g.s.t.e.rs
The accomplishments of the .R.o.t.h.s.c.h.i.l.d's.. and fellow .b.a.n.k.s.t.ers is nothing short of astonishing. They have literally got the world to hand them the right to manufacture .m.o.n.ey out of nothing and then to turn around and lend the mammon back to the world plus usurious interest! Almost singlehandedly, this small group of men have dominated the world. However, in their efforts to .d.o.minate the world they have caused extraordinary pain and agony and even potentially the complete d.e.- abuse alert -.ction of life on earth.
The F.e.d.e.r.a.l.. R.e.s.e.r.ve.. .B.a.n.k.. is a consortium of t.w.elve p.r.ivate .b.an.ks which are not part of the .U.n.ited .S.t.a.tes G.ove.rnm.ent.
These p.r.i.va.te.. ba.nk.s purchase paper notes from the .U.S... mi.nt for printing cost or simply enter (create) d.ig.ita.l ...m.on.ey into their computer then lend back the .m.o.n.e.y.. plus interest to the people through member ..b.a.n.ks. The profits go into the share holders of the b.a.n.k's pocket's, the .U.S.. public receives no benefit.
The Primary Owners of the .F.e.d.e.r.al.. .R.e.s.e..r.ve.. B.an.k Are:
1. R.o.t.hs.ch.ild's of London and Berlin
2. L.a.za.rd.. Brothers of Paris
3. Is.ra.el ..M.os.es .S.eaf.. of Italy
4. K.uh.n, .L.o.eb & Co. of .G.er.many and New York
5. .W.a.r.b.u.rg & C.omp.any of Hamburg, Germany
6. L.e.hm.an.. B.ro.the.rs of New York
7. G.o.l.d.ma.n, Sachs of New York
8. R.o.c.k.e.f.e.l.ler B.ro.thers of New York
All the primary owners are branches of European establishments. Foreigners, almost entirely .J.e.w.i.sh, .c.o.nt.rol the .U.ni.te.d ..St.a.tes Mo.n.ey.. su.pply. They literally own exclusive rights to the .d.ol.lar and simply enter .d.ol.lars into their .b.a.nks. books to make .m.on.ey which they then lend back to us at a profit. For them .m.o.ne.y does not grow on trees, it is simply a .d.a.ta entry into their account. Clearly the private ownership of the U..S.. .D.o.llar is by far The Greatest C.r.im.e of the Cen.tury. The owners of this .b.an.k have been responsible for instigating all the major .w.ars.. and .d.e.pr.ess.ion.s in the last 100 years. They own the .b.an.k, they own the .d.ol.lar and they own all the major .m.e.di.a ...c.han.ne.ls, the ..m.il.it.ary ..indu.st.rial complex and most .po.li.ti.cia.ns, ..ju.dg.es and ..co.ps.
....
In Producer A.ar.on. R.uss.o's must see Movie "AMERICA: F.re.ed.om to .F.as.ci.sm", when interviewing .C.on.gre.ssman ..R.on.. .Pa.ul, A.a.ron asks: "So the ..Fe.de.ral.. R.ese.rve is actually an ..il.le.gal entity functioning within the .Fe.de.ra.l ..Go.ve.rnm.ent?" R.on P.au.l's response: "It's ..i.lle.ga.l. And what we have given to this so-called a.gen.cy is the au.tho.rity to ..co.unt.erfeit.. mo.ney."
The cost of this .s.yst.em.. to the .U..S.. public is hundreds of .bil.lions of d.ol.lars every year while holding the nation and people in a constant state of .de.bt.
There have been .as.sa.ssin.ati.on attempts on every .Pres.ident who attempted to eliminate these private .Nat.io.nal ...Ba.nk.s. The privately held ..Fe.de.ral ...Re.se.rv.e ..Ba.nk.. has not once been ..aud.it.ed and never pays any .in.com.e... tax on their astonishing income.
The .b.an.k... is supposed to bring stability to the .e.co.no.my, however, almost every major marked ...cr.as.h... and ..w.ar... can be attributed to the .F.e.d.e.ral.. .Re.se.rve... B.a.nk., including the .G.r.e.at.. .De.pr.es.si.on, W.W. I, .W.W. II, the Gulf .W.ar etc.
and MUCH more information on this topic here -->>
http://www.themoneymasters.com/faqs.htm#collapse
We simply cannot resolve the current .c.ri.sis.. while a .s.ys.te.m like this remains in place.
(need for dots explained previously). |
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designforsense
Joined: 11 Jan 2009
Posts: 12
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| Posted: Sun Jan 11, 2009 4:38 pm Post subject: |
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With a few basic questions answered in the links, to clarify this subject -->>
* What caused the US Housing market collapse?
* Who owns the .F.e.de.ral.. .R.es.er.ve. .B.a.nk.s?
* Why do some people deny that the .F.ed.e.r..a..l... .R.es.e...r.v.e.. ..B.a.n.k.s.. are owned by private corporations?
* Doesn’t the fact that the President appoints the Board of ...G.o.v.e.r.n.or.s... of the ..F.ed.er.al.. .Re.se.r.ve.. ..S.y.s.te.m.. make it a quasi-.g.o.ve.rn.me.n.tal... sort of entity?
* Have the .C.ou.rts.. decided whether the .F.e.d..e.r.a.l.. .R.e.s.er.ve.. .B.a.n.k.s.. are privately owned or not?
* How does the .F.e.d.. “create” ..m.on.ey. out of nothing?
* If private .b.an.ks.. .cr.eate over 90% of the ..U..S.. .m.o.n.ey.. supply, then are they not a greater threat to our ..d.em.oc.r.acy.. than the ..F.e.d... itself?
* How do .p.ri.va.te.. b.a.nk.s.. create money?
And the complete confusion on the part of the public is due also to the mis-informaiton being spread on this subject and confusion of definitions of terms and the like. People frequently refer to the private institutions as the .f.e.d.., which one can see they are not.
Once people realize who/ what and how this entire .c.ri.sis.. is being generated, then and only then will we as a people be able to truly resolve it. Any efforts thus that only increase .d.e.b.t.. will only further augment the problem. (Individual or .g.o.v.. .d.e.b.t).
And to think about it, how has something that started as a .U..S..problem now affected the .g.lo.bal.. .e.co.no.m.y.... to such a degree?
Now, back to the main discussion link -->>
http://moneycentral.msn.com/community/message/thread.asp?threadid=839367&boardname="Hide&header=SearchOnly&footer=Show&boardsparam=Page%3d1&linktarget=US95parent&pagestyle=money1&forumid=18&board=MarketTalkwithJimJubak
With" various ideas posted there also. (With a few shared here previously).
And I like the sites above goals --..
| Quote: | "Our goal is to uncover .c.- abuse alert -.p.t.ion to build a better future. Love conquers all. "
"- Focus on hard facts & evidence proving collusion & corruption."
"- We are pro .g.o.ve.r.n.m.e.nt, a .g.o.v.er.n.m.ent by the people for the people, and not a .t.yr.an.ni.ca.l ...c.ri.m.in.a.l.. .e.nt.er.pr.is.e."
- Working to establish and protect the .f.re.ed.om. of people around the world. Peace together, forever in love. |
(With the .d.o.t.s. explained previously. There is thus a need to "connect the ..d.o.t.s".) |
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designforsense
Joined: 11 Jan 2009
Posts: 12
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| Posted: Sun Jan 11, 2009 5:02 pm Post subject: |
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Some more ideas, as posted on the msn link above -->>
Garp
Message #8
11/06/08 04:42 PM
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1. Regulate the electric power grid by placing a cap (average $0.11 KWH ) that power companies can charge in any area. This should compel power plants to use the least expensive fuel available in a given area and instigate maintenance of the power grid, since margins will fall otherwise. Of course, this only works if grants are available for plants have the infrastructure to utilize the cheapest fuel available. This will ready the market for the inevitable paradigm shift into fully electric vehicles. The 11 cents rate should be pegged to the true inflation rate. |
This is fine to lower the cost of energy, and thus help the public ride throught the rising costs of living in a situation of crisis.
| Quote: |
2. Peg an import tariff on foreign oil to the next $50 level. At $65BBL, the import tariff would be $35 (to $100 BBL). Furthermore, tariff imports based on the amount of oil it took to produce the product on foreign soil and the amount of oil the product is expected to use during its life. Meanwhile, pay those exporting products from the US the difference between the US price for oil foreign oil and the market price for oil to the extent of the oil required to manufacturer the product on US soil. Double the tariff on oil exported from the US to foreign countries. This should compel importers and exporters to use less oil; yet, allow those importing oil to the US the same amount of money they were receiving before for selling us less oil. The maximum rate of oil imported from any country should be based on the present percentage. |
Raising the cost of oil by tariff? It may be good when oil is low in price, but when oil is high it may not work. About the second part of the plan, on the price of oil influencing imports and exports, not sure how this would work or if it would work at all. One cannot be sure influencing in the market of oil will have the expected results.
| Quote: | | 3. Develop an electric vehicle template company that publically selects the best and least expensive provisional or utility patents in order to produce an inexpensive fully electric vehicle over the course of one year. The chosen inventors would then be paid patent royalties for the next twenty years by the electric vehicle template company to the extent that automakers utilize their inventions. Meanwhile, ALL automakers are offered the electric vehicle template patents royalty free for the next twenty years. This should instigate competition for a low priced electric vehicle and allow automakers time to “brand” their own models over the next twenty years. In addition, it will cost an automaker no more to build a fully electric vehicle than it would to build a fossil burner. |
This is a great idea and seems also to fall in with the same ideas, as proposed. And offering these templates to auto-makers is a great idea as well, and fits in also with what had been suggested originally.
| Quote: | | 4. During the one year electric vehicle development cycle, place a cap on the number of fossil burners that automakers can build on US soil for the year. At the end of the year, offer a 40% tax break on the fossil burners that the government supplies to the automakers instead of getting it from the customer. The tax break should only be available for one year after the fossil burner is manufactured. The government should guarantee that gasoline will be available for the next seven years. |
This also is a great idea. Reducing the amount of fossil burners is the key. The second part of the plan however seems confusing and is not clear what the author is suggesting.
| Quote: | | 5. Charge all electricity users more for electricity that is used during peak hours. This should compel recharging of battery packs during off peak times. This process is currently being used in certain areas and seems to work quite well. |
But this is not resolving any financial crisis. It may be a good idea but is it a priority?
| Quote: | | 6. Offer fossil customers that buy a new vehicle built on US soil this year a 25% tax break refund. This should compel folks to start purchasing vehicles right away, and provide auto customers with money they would likely spend instead of money to management for yet another Spa trip. |
This has been suggested also. But the incentive should be oriented more towards electric vehicles rather then fossil fuel vehicles.
| Quote: | | 7. The government should immediately offer a 7% 30 year fixed loan to anyone that is breathing, regardless of FICO score. This should compel home selling in the US again. The 7% amount should be tied to the prime and banks will just have to compete. |
Offering loans to everyone may not be such a good idea, particularly if they are not very credit worthy.
| Quote: | | 8. Eliminate onerous laws such as Regulation T, immediately. |
This many will not understand and does not necessarily have universal implications as some of the other ideas. One would need to study the results of this measure.
| Quote: | | 9. Quadruple the capital gains rate of those profiting from going Short, selling naked Calls, or buying naked Puts. Half the capital gains tax on those going long stocks, selling covered Calls, or buying Puts to the extent of covering long positions in a stock. |
This also is a measure that would need to be studied, as applies more to technical areas of expertise. But it certainly may help to stabilize markets. These are the areas also where the focus should be. |
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designforsense
Joined: 11 Jan 2009
Posts: 12
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| Posted: Sun Jan 11, 2009 5:27 pm Post subject: |
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More ideas as posted on the link above -->>
Duffminster
Message #13
11/06/08 05:34 PM
| Quote: |
A Culture of Education and Optimum Human Potential will Be the Most Important Factor in Changing and Saving this Nation and Our Species.
Any real plan to save this nation must emphasize putting people back to work and increasing the skill and productivity level of all students and workers.
It means thinking of Education from a Holistic, Society Wide View Point. It means massively updating education in the US, not just for young students, but especially for workers who's skills are not germane.
By putting able bodied people to work in jobs where they learn new advanced skills on the job, they will rapidly reach break even and then start producing income for the nation.
Our educational system is mired in the thinking of the 1950's and many of the advances in heuristics, adapting to differing learning styles, and hands on training are not being employed in the Academic world.
Washington needs to turn the US into the most advanced LEARNING ORGANIZATION on Earth and make use of developments in Neural Networks, Cross Training, Organization Wide Educational Culture, and Bottom Up involvement and Learning.
When employees are seen as assets whose profitability and productivity are seen as having no upper limits based on systems of self improvement, workers, and students and worker/students will excel and perform on those Raised expectations.
For all those willing to role up their sleeves and work and study and progress, we must make a path for them to Rise to their Full Capacity to Contribute to their own well being and the well being of Society.
The geniuses that slip through the system and onto the street every day is indicative of a system which favors favoritism over the higher good. When kids in Harlem get 1/20th what the kids in Beverly Hill High get per student and when Veterans who are able and willing to work, be trained, improve and be productive are sleeping on the street, you know that what I am saying is true.
That kid who just dropped out on the wrong side of the tracks might have cured cancer if someone gave a dam.
There is no question that most of the answers lie in ramping up the culture of the US to be one which cherishes and promotes in every possible way, the Development of Human potential through Work and Education Excellence.
The Tax System, the funding Systems and the Policy Systems must all work together to create jobs in the US and to create constantly evolving, smarter workers and an educational system evolves, adapts and is constantly Self Reflecting and Self Correcting. |
This focus on improving the quality of education as a means of providing value and jobs is very valid. Truly it is only by investing in this area that the competitive edge will be guaranteed. In today's world, the power of using the brain is much greater then the power of heavy work. Granting proper value to those with the most talent is as suggested by Ed, the path to success. Bringing those with the brightest brains into the lime-light is certainly a pathway to true prosperity. Down with the trend to grant the best jobs only to those with "experience", while ignoring the best, youngest and brightest.
Offer incentives to companies who provide opportunities to those with high levels of education but low levels of experience. These incentives will stimulate companies to change their practices.
Have the government itself hire more of these young bright individuals in the new upcoming companies to be formed, as suggested originally.
Merge the NASA/auto industry with other high tech industries, such as private aeronautics industries and other industries which may desire to join in the new conglomerate. This new group will produce the technology of the future and help to revive the economy.
Place less focus on programs and ideas that will only raise debt without providing an equal amount of return on the debt. Programs should only be adopted if while increasing debt, the also provide a means to get the investment back, thus canceling the effect.
Focus on re-structuring the fowl system we are under, as suggested in the previous links. This, a major step to get us out of a rut.
Help to inform others on the true nature of our current situation, so that they in turn my inform others and all become aware of what is really going on. |
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