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Originally posted by alphabetaone
Originally posted by Constitutional Scholar
GM is broke because they make crappy vehicles with bad gas mileage.
That's the largest load of crap I've heard you spew from that ridiculously inane mouth of yours yet.
GM isn't broke because they make crappy vehicles, GM is broke because the vehicles that they are ALLOWED to make end up being crappy simply because of all those profiteering UNIONS that decide they DESERVE to get paid $50 an hour to make such crap not to mention all the other perks of UAW workers that make it unrealistic AND un-American to actually BUY American.
Originally posted by Constitutional Scholar
It isnt our job or duty to stop war and end poverty.
Yes, it most certainly is.
AB1
Originally posted by Constitutional Scholar
It isnt our job or duty to stop war and end poverty.
Originally posted by dr_strangecraft
If there is no reward or dividend for excellence, why would anyone create or build or strive? For the public good?
G
Originally posted by Constitutional Scholar
reply to post by waterpie
The Constitution (you know of the document correct?) doesnt provide any power for the government to use PUBLIC (that means taxpayer) money to "fight poverty".
"Banking institutions are more dangerous to our liberties than standing armies. If American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks & corporations that will grow up around will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks & restored to the people, to whom it properly belongs." ~ President Thomas Jefferson, 1801-1809
"Bankers are a den of vipers. I intend to rout you out & by the Eternal God I will rout you out. If the people only understood the rank injustice of our central bank system, there would be a revolution before morning. If the central bank continues to control our currency, receiving our public monies, & holding thousands of our citizens in dependence, it would be more formidable & dangerous than the naval & military power of the enemy. It is not our own citizens only who are to receive the bounty of our government ... More than 8 million dollars of the stock of this bank are held by foreigners ... Is there no danger to our liberty & independence in a bank that in its nature has so little to bind it to our country? If government would confine itself to equal protection, and, as Heaven does its rains, shower its favor alike on the high & the low, the rich & the poor, it would be an unqualified blessing."
~ President Andrew Jackson, 1829-1837
"Whoever controls the money of a nation, controls that nation & is absolute master of all industry & commerce. When you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation & depression originate."
~ President James Garfield, 1881
"We began planning the Revolutionary War in order to issue our own money again ...and keep King George III and Bank of England from enslaving us with debt, and making Americans their financial slaves. By the time the revolutionary war started, Apr. 19 1775, British taxation had sucked the gold and silver out of the American colonies, to Britain. So, we had to print money to finance the war." ~ Benjamin Franklin, a 'founding father', 1706-1790
"The privilege of creating and issuing money is the supreme prerogative of Government, the Government's greatest creative opportunity. By adoption of these principles, taxpayers are saved immense sums of interest." ~ President Abraham Lincoln, 1861-1866
(Editor's note: In the history of America there have been three attempts to have a privately-owned central bank. The first two failed, after lasting a total of 2-to-3 years, the third one was established in 1913, and has bankrupted America -- as of 2008 we owe the private owners of the Fed nine trillion dollars. Lincoln printed publicly-owned money, called, 'greenbacks'. Kennedy printed publicly-owned money in the form of a two-dollar bill. The following excerpt refers to Lincoln printing publicly-owned (U.S. Government-owned) greenbacks.
"If this mischievous financial policy which has its origin in North American during the late war in that country, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe." ~ Hazard Circular, inserted in 1865 London Times, speaking of Lincoln's 'Greenbacks'.
"Capital must protect itself in every possible manner by combination & legislation. Debts must be collected, bonds & mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile & more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing voters through the political party system, we get them to expend energies fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned & successfully accomplished. ~Aug. 25, 1924 USA Banker's Magazine
Originally posted by Constitutional Scholar
hahaha who would be in charge of "capping" how much someone could make? Profit is what drives the market, you know that right?