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Detroit in Ruins

Posted: Tue Dec 29, 2009 9:04 am
by Thunnus Salmoides
I've heard that Detroit was bad but I didn't know how bad.

http://www.youtube.com/watch?v=1hhJ_49leBw

Re: Detroit in Ruins

Posted: Tue Dec 29, 2009 12:05 pm
by Marty
The Prelude to what the Liberals want America to be!

Re: Detroit in Ruins

Posted: Tue Dec 29, 2009 12:44 pm
by Vince E
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.

Re: Detroit in Ruins

Posted: Tue Dec 29, 2009 1:14 pm
by angler2020
"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

Re: Detroit in Ruins

Posted: Wed Dec 30, 2009 7:24 am
by 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€

Re: Detroit in Ruins

Posted: Wed Dec 30, 2009 12:03 pm
by angler2020
[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€

Re: Detroit in Ruins

Posted: Wed Dec 30, 2009 2:18 pm
by Vince E
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.

Re: Detroit in Ruins

Posted: Wed Dec 30, 2009 5:29 pm
by Greg_Cornish
Vince E wrote: BTW, Jefferson never wanted nor thought necessary a Constitution.
A country with no rules or guidelines? Interesting

Re: Detroit in Ruins

Posted: Wed Dec 30, 2009 6:13 pm
by Vince E
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.

Re: Detroit in Ruins

Posted: Sun Jan 03, 2010 9:26 am
by jimmy87
:(