I've heard that Detroit was bad but I didn't know how bad.
http://www.youtube.com/watch?v=1hhJ_49leBw
Detroit in Ruins
Re: Detroit in Ruins
They couldn't recognize a fatally flawed idea if it destroyed their city.
Wait, it did.
The laws of human action/TRUE economics are facts, not opinions to be changed. This it what happens when people deny those facts long enough.
Wait, it did.
The laws of human action/TRUE economics are facts, not opinions to be changed. This it what happens when people deny those facts long enough.
The great non sequitur committed by defenders of the State, including classical Aristotelian and Thomist philosophers, is to leap from the necessity of society to the necessity of the State.
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angler2020
- Posts: 19
- Joined: Sat Nov 21, 2009 5:40 pm
Re: Detroit in Ruins
"If the American people ever allow private banks
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."
Thomas Jefferson
to control the issue of their money,
first by inflation and then by deflation,
the banks and corporations that will
grow up around them (around the banks),
will deprive the people of their property
until their children will wake up homeless
on the continent their fathers conquered."
Thomas Jefferson
Re: Detroit in Ruins
Better point out that he did NOT mean that govt should control currency instead, but rather currency should be a product of the market.
"Give me control over a nations currency, and I care not who makes its laws.â€
"Give me control over a nations currency, and I care not who makes its laws.â€
The great non sequitur committed by defenders of the State, including classical Aristotelian and Thomist philosophers, is to leap from the necessity of society to the necessity of the State.
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angler2020
- Posts: 19
- Joined: Sat Nov 21, 2009 5:40 pm
Re: Detroit in Ruins
[quote="Vince E"]Better point out that he did NOT mean that govt should control currency instead, but rather currency should be a product of the market.
"Give me control over a nations currency, and I care not who makes its laws.â€
"Give me control over a nations currency, and I care not who makes its laws.â€
Re: Detroit in Ruins
Fractional Reserve Banking = Ponzi Scheme
Central banks = cartelization of multiple ponzi schemes
Govt backed insurance (FDIC) of potential victims of legalized ponzi schemes = moral hazard
Fiat currency backed by no physically scarce materials = counterfeiting
They would demonize us and throw us in jail if we tried any of that, and when you think about just how the FDIC "insures" deposits = priceless.
BTW, Jefferson never wanted nor thought necessary a Constitution. It was Rothchild's agent Hamilton and his gang of thieves that were not satisfied with the powers granted to the Feds by The Articles of Confederation, a charter that when coupled with brave, thoughtful, liberty minded men was enough to defeat the most powerful empire on Earth at the time.
Central banks = cartelization of multiple ponzi schemes
Govt backed insurance (FDIC) of potential victims of legalized ponzi schemes = moral hazard
Fiat currency backed by no physically scarce materials = counterfeiting
They would demonize us and throw us in jail if we tried any of that, and when you think about just how the FDIC "insures" deposits = priceless.
BTW, Jefferson never wanted nor thought necessary a Constitution. It was Rothchild's agent Hamilton and his gang of thieves that were not satisfied with the powers granted to the Feds by The Articles of Confederation, a charter that when coupled with brave, thoughtful, liberty minded men was enough to defeat the most powerful empire on Earth at the time.
The great non sequitur committed by defenders of the State, including classical Aristotelian and Thomist philosophers, is to leap from the necessity of society to the necessity of the State.
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Greg_Cornish
- Posts: 5422
- Joined: Wed Aug 22, 2007 12:37 pm
- Location: Clear Lake
Re: Detroit in Ruins
A country with no rules or guidelines? InterestingVince E wrote: BTW, Jefferson never wanted nor thought necessary a Constitution.
"The trouble with quotes on the Internet, is that you can never know if they are genuine." - Abraham Lincoln
Re: Detroit in Ruins
Just these:
http://www.earlyamerica.com/earlyameric ... /articles/
It might have worked. The Constitution, drafted later, wasn't enough to stop stop the power grab as we can all plainly see.
http://www.earlyamerica.com/earlyameric ... /articles/
It might have worked. The Constitution, drafted later, wasn't enough to stop stop the power grab as we can all plainly see.
The great non sequitur committed by defenders of the State, including classical Aristotelian and Thomist philosophers, is to leap from the necessity of society to the necessity of the State.
Re: Detroit in Ruins
Last edited by jimmy87 on Sun Jan 03, 2010 9:33 am, edited 1 time in total.
just shut up and fish
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