Now do the Dems own the economy?

[eagle1462010]

The real deal.

The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Episode 4 - YouTube

Then he starts on the claim that every dollar in existence has interest due.
What a joke. I'm holding a $20 in my hand, I don't owe anyone interest on it.

Based on the above statement it is very clear that you simple do not understand the notion of money as it currently exists.

Do try again...

All US money in existence today came into existence at the moment of somebody assuming DEBT.

So assume that I borrow 10,000 at 5% interest.

That immediately puts an additionally 10,000 dollars into circulation.

But what does it NOT put into circulation, Lad?

The interest that I will pay back...that is carried on the books as DEBT OWED

So Where does that ADDITONAL money (the interest owed...the money that was not created by the loan) the money I pay that interest off come from?

Oh I pay that interest for sure....but I pay it with money that was ALSO created (at interest) when somebody ELSE borrowed money.

Now when the principle is paid back to the back in THEORY that formerly new money is DESTROYED (removed from the banks books..remember they invested the money so they have to destroy it when the debt is repaid..but they KEPT the fees and interest when the debt was alive!))

So that is WHY lad, there is always MORE DEBT than cash to pay it off, amigo.

That is why we wil ALWAYS BE SLAVES to the BANKS (or whomsoever gets to create money out of thin air..AT INTEREST)


Do you understadn now why :

every dollar in existence has interest due.
?

Because it does...that dollar came into being with INTEREST DUE.

And the fact that you hold that dollar without oweing interest means zilch.shit, dude.

Because believe me, when you tally up all the dollars in existence, and you compare that amount to all the debts currently owed?

The debts EXCEED the dollars that exist.


If everybody tried to pay off all their debts tomorrrow?

There were not be enough dollars IN EXISTENCE to pay off all the debts


BTW...if this all seems crazy to you because this isn't how many works for you??

Deal with it...that's how this system works and it is NOTHIUNG like how you and debt work.

YOU lad don't get to invent money at interest.

BANKS DO.

I've went round and round with this guy over Derivatives as well. He defends them as well.

He must defend the money machine....Why.............Don't know, but can only guess he makes money off of it. TARP was a joke. The Banks took money from the Federal Reserve to a tune of 9 Trillion at virtually no interest. The same ones getting bailed out are on the boards of the Federal Reserve.

The Fed is a Giant Ponzi Scheme. The Derivatives are another PONZI SCHEME. It is a house of cards, best explained as a Pyramid Scam. The ones on bottom sell BS without the means to back it up. The bid the hell out of it until a house of cards is built, and then start taking from the bottom of the Pyramid until the house of cards falls. Those on top of the Pyramid get screwed. Since the amounts are so vast, the entire economy gets fucked.

Derivatives were against the law from the lessons learned of the Great Depression. 2 key points in history allowed them to return. 1983 they became legal again. 2000 they could be traded to an alternate universe without any constraints, and they crashed the system.

The house of cards is built again. When will they pull the cards off the bottom again..................

 

[JakeStarkey]

Comrade Starkiev, the reason the GOP "mainstream" aka, the surrender caucus will grow is because they will merge with the democrats .

The socialist goal to have a one party system will be closer to reality. The socialist goal that we all be equally miserable will begin to materialize.

.

Socialists? I thought the right wing labeled Democrats as commie-fascists?

It's a distinction without a difference; it's all total government control of unarmed subjects

Frank has no idea about what he is positing is the point.

 

[Toddsterpatriot]

The real deal.

The Biggest Scam In The History Of Mankind - Hidden Secrets of Money Episode 4 - YouTube

Then he starts on the claim that every dollar in existence has interest due.
What a joke. I'm holding a $20 in my hand, I don't owe anyone interest on it.

Based on the above statement it is very clear that you simple do not understand the notion of money as it currently exists.

Do try again...

All US money in existence today came into existence at the moment of somebody assuming DEBT.

So assume that I borrow 10,000 at 5% interest.

That immediately puts an additionally 10,000 dollars into circulation.

But what does it NOT put into circulation, Lad?

The interest that I will pay back...that is carried on the books as DEBT OWED

So Where does that ADDITONAL money (the interest owed...the money that was not created by the loan) the money I pay that interest off come from?

Oh I pay that interest for sure....but I pay it with money that was ALSO created (at interest) when somebody ELSE borrowed money.

Now when the principle is paid back to the back in THEORY that formerly new money is DESTROYED (removed from the banks books..remember they invested the money so they have to destroy it when the debt is repaid..but they KEPT the fees and interest when the debt was alive!))

So that is WHY lad, there is always MORE DEBT than cash to pay it off, amigo.

That is why we wil ALWAYS BE SLAVES to the BANKS (or whomsoever gets to create money out of thin air..AT INTEREST)


Do you understadn now why :

every dollar in existence has interest due.
?

Because it does...that dollar came into being with INTEREST DUE.

And the fact that you hold that dollar without oweing interest means zilch.shit, dude.

Because believe me, when you tally up all the dollars in existence, and you compare that amount to all the debts currently owed?

The debts EXCEED the dollars that exist.


If everybody tried to pay off all their debts tomorrrow?

There were not be enough dollars IN EXISTENCE to pay off all the debts


BTW...if this all seems crazy to you because this isn't how many works for you??

Deal with it...that's how this system works and it is NOTHIUNG like how you and debt work.

YOU lad don't get to invent money at interest.

BANKS DO.

All US money in existence today came into existence at the moment of somebody assuming DEBT.

That does not mean every dollar has interest attached. Do you pay interest on the $20 in my wallet, because I sure don't.

And the fact that you hold that dollar without oweing interest means zilch.shit, dude.

It means no interest attached, dude.

But what does it NOT put into circulation, Lad?

So what? Are you going to pay back $10,500 today?

So Where does that ADDITONAL money (the interest owed...the money that was not created by the loan) the money I pay that interest off come from?

The interest I pay on my mortgage comes from my paycheck. Where does your's come from?

YOU lad don't get to invent money at interest.

Sure I do, every time I borrow, money is "invented".

The debts EXCEED the dollars that exist.

So do the savings.

 

[eagle1462010]

When are they going to pull the bottom cards out Todd...................

You know they will..............

Will you sell in time....................

 

[regent]

No. ANy negative development will be blamed in intrasigent Republicans in the House who refused to pass Obozo's programs of more taxing and more spending.
This is exactly like progressive historians who have written the narrative that the laissez-faire Hoover's policies caused the Great Depression and it was only the progressive FDR's programs that got us out.
Not one word of that is true. But I'll bet 90% of the posters here believe it.

I am in the 10% that believe WWII finally got the US out of the great depression and not any of FDR's policies. And, I am an Engineer, not a historian.

Even engineers are capable of analyzing, so the question is, how did WWII get America out of the depression?

 

[eagle1462010]

No. ANy negative development will be blamed in intrasigent Republicans in the House who refused to pass Obozo's programs of more taxing and more spending.
This is exactly like progressive historians who have written the narrative that the laissez-faire Hoover's policies caused the Great Depression and it was only the progressive FDR's programs that got us out.
Not one word of that is true. But I'll bet 90% of the posters here believe it.

I am in the 10% that believe WWII finally got the US out of the great depression and not any of FDR's policies. And, I am an Engineer, not a historian.

Even engineers are capable of analyzing, so the question is, how did WWII get America out of the depression?

Massive spending on real items to fight the War.

Massive job creation to supply the rebuilding of the world that was destroyed.

Real items. Not BS and Fairy tales.

Had we used the Trillions on NOTHING BUT INFRASTRUCTURE and NOTHING ELSE we wouldn't be in the bind we are now. Instead we threw trillions at those who caused the mess, and bailed out everyone.

Had we spent on real items, instead of BS we would have actually created a lot of jobs.

What do we have.............30 hour workers.......More poverty..........More welfare.........And more Debt..........More taxes via Obamacare..........More Gov't to run Obamacare..............less money in circulation because uncle sam wants it...........

It's all BS. A 5 year old could have done better.

 

[regent]

I am in the 10% that believe WWII finally got the US out of the great depression and not any of FDR's policies. And, I am an Engineer, not a historian.

Even engineers are capable of analyzing, so the question is, how did WWII get America out of the depression?

Massive spending on real items to fight the War.

Massive job creation to supply the rebuilding of the world that was destroyed.

Real items. Not BS and Fairy tales.

Had we used the Trillions on NOTHING BUT INFRASTRUCTURE and NOTHING ELSE we wouldn't be in the bind we are now. Instead we threw trillions at those who caused the mess, and bailed out everyone.

Had we spent on real items, instead of BS we would have actually created a lot of jobs.

What do we have.............30 hour workers.......More poverty..........More welfare.........And more Debt..........More taxes via Obamacare..........More Gov't to run Obamacare..............less money in circulation because uncle sam wants it...........

It's all BS. A 5 year old could have done better.

Have you ever read on the Great Depression, particulary the CCC, PWA, TVA and WPA?
Just one of those public building agencies, the PWA created 650,000 miles of highway, 124,000 bridges, 8000 parks,18,000 playgrounds, thousands of schools. How many people today ride over New York's Triborough Bridge, electricity was brought to the Tenesssee Valley, Grand Coulee dam was built, the list is endless. Then what of the CCC's, WPA and the other builders. FDR operated on the premise that one had to work, a job was all important. Someone should make a complete list of all the projects the New Deal built, many which are still in use today.

 

[Toddsterpatriot]

Then he starts on the claim that every dollar in existence has interest due.
What a joke. I'm holding a $20 in my hand, I don't owe anyone interest on it.

Based on the above statement it is very clear that you simple do not understand the notion of money as it currently exists.

Do try again...

All US money in existence today came into existence at the moment of somebody assuming DEBT.

So assume that I borrow 10,000 at 5% interest.

That immediately puts an additionally 10,000 dollars into circulation.

But what does it NOT put into circulation, Lad?

The interest that I will pay back...that is carried on the books as DEBT OWED

So Where does that ADDITONAL money (the interest owed...the money that was not created by the loan) the money I pay that interest off come from?

Oh I pay that interest for sure....but I pay it with money that was ALSO created (at interest) when somebody ELSE borrowed money.

Now when the principle is paid back to the back in THEORY that formerly new money is DESTROYED (removed from the banks books..remember they invested the money so they have to destroy it when the debt is repaid..but they KEPT the fees and interest when the debt was alive!))

So that is WHY lad, there is always MORE DEBT than cash to pay it off, amigo.

That is why we wil ALWAYS BE SLAVES to the BANKS (or whomsoever gets to create money out of thin air..AT INTEREST)


Do you understadn now why :

every dollar in existence has interest due.
?

Because it does...that dollar came into being with INTEREST DUE.

And the fact that you hold that dollar without oweing interest means zilch.shit, dude.

Because believe me, when you tally up all the dollars in existence, and you compare that amount to all the debts currently owed?

The debts EXCEED the dollars that exist.


If everybody tried to pay off all their debts tomorrrow?

There were not be enough dollars IN EXISTENCE to pay off all the debts


BTW...if this all seems crazy to you because this isn't how many works for you??

Deal with it...that's how this system works and it is NOTHIUNG like how you and debt work.

YOU lad don't get to invent money at interest.

BANKS DO.

I've went round and round with this guy over Derivatives as well. He defends them as well.

He must defend the money machine....Why.............Don't know, but can only guess he makes money off of it. TARP was a joke. The Banks took money from the Federal Reserve to a tune of 9 Trillion at virtually no interest. The same ones getting bailed out are on the boards of the Federal Reserve.

The Fed is a Giant Ponzi Scheme. The Derivatives are another PONZI SCHEME. It is a house of cards, best explained as a Pyramid Scam. The ones on bottom sell BS without the means to back it up. The bid the hell out of it until a house of cards is built, and then start taking from the bottom of the Pyramid until the house of cards falls. Those on top of the Pyramid get screwed. Since the amounts are so vast, the entire economy gets fucked.

Derivatives were against the law from the lessons learned of the Great Depression. 2 key points in history allowed them to return. 1983 they became legal again. 2000 they could be traded to an alternate universe without any constraints, and they crashed the system.

The house of cards is built again. When will they pull the cards off the bottom again..................

TARP was a joke.

The Treasury made tens of billions off the bank part of TARP.
They made money off of AIG as well.
They'll lose on the auto portion and the mortgage modification part was, of course, a give away.

The ones on bottom sell BS without the means to back it up.

Baloney. Counterparties require margin collateral.

Derivatives were against the law from the lessons learned of the Great Depression.

Baloney again. Futures and options contracts were not against the law.

 

[Toddsterpatriot]

When are they going to pull the bottom cards out Todd...................

You know they will..............

Will you sell in time....................

Who? The Rothschildes? LOL!

 

[Nova78]

Debbie Wasserman Schultz said they did. Obama and Reid have full control of the economy. So the answer to "do the Dems own the economy?" is obvious.

No! They don't. They never will.

Their policies have given us the worst economy since the FDR Depression but it's Bush and Boehners fault, maybe Reagan's fault too.

Dems are against private ownership of anything even their own failed ideas

There is no economy only debt, and more debt. Thats what Demorats do best, borrow and spend........

 

[GWV5903]

FDR Depression?

You should sue your High School -- they screwed you out of an education.


It's unfair for some states to unleash people this stupid on the rest of us.

Why is it the first words out of your mouth include "sue", could it be that you're a liberal???

The End of the Great Depression

To many at the time, President Roosevelt was a hero. They believed that he cared deeply for the common man and that he was doing his best to end the Great Depression. Looking back, however, it is uncertain as to how much Roosevelt's New Deal programs helped to end the Great Depression. By all accounts, the New Deal programs eased the hardships of the Great Depression; however, the U.S. economy was still extremely bad by the end of the 1930s.

So you had what kind of education?

F'ing idgit...

You're the poster child for education, face it stupid beat the hell out of your dumbass...

By 1934 unemployment was at 25%, and with the New Deal started, by 1937 or so unemployment had dropped to 14%, at this point FDR stopped the New Deal and unemployment rose to 19%. By 1939 it was down to 16% and with the war clouds, unemployment kept dropping, and America was on its way to prosperity.

The New Deal was the wrong choice...

What New Deal are we going to do today?

Why is it in the mind of the Liberal spending more than you take in is OK?

That is the real question, and to date no one can give a coherent answer to it...

When you borrow, you need to be able to pay it back to succeed...

But in the mind of the Liberal we are going to now force everyone to cover their asses...

Dumb choice...

With hardship comes sacrifice that will lead to success...

That is what made us great, in fact the greatest in recorded time, but the Liberal mind will take that away in due time...

 

[Chris]

1961 to 2012

Republican president job growth - 24 million jobs in 28 years.

Democratic president job growth - 42 million jobs in 24 years.

 

[boedicca]

Debbie Wasserman Schultz said they did. Obama and Reid have full control of the economy. So the answer to "do the Dems own the economy?" is obvious.

No! They don't. They never will.

Their policies have given us the worst economy since the FDR Depression but it's Bush and Boehners fault, maybe Reagan's fault too.

Dems are against private ownership of anything even their own failed ideas

They'll keep blaming Booooooshhhhhh.

 

[Chris]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

 

[CrusaderFrank]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

The 1%'er do better with Democrats. Noted

 

[driveby]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

So democrats are a bunch of rich, white racists (some are half white) looking out for the rich white guys..... omgnoway!

 

[Chris]

Stocks do 9 times better with a Democrat in the White House....

While Republicans promote themselves as the friendliest party for Wall Street, stock investors do better when Democrats occupy the White House. From a dollars- and-cents standpoint, it’s not even close.

The BGOV Barometer shows that, over the five decades since John F. Kennedy was inaugurated, $1,000 invested in a hypothetical fund that tracks the Standard & Poor’s 500 Index (SPX) only when Democrats are in the White House would have been worth $10,920 at the close of trading yesterday.

That’s more than nine times the dollar return an investor would have realized from following a similar strategy during Republican administrations. A $1,000 stake invested in a fund that followed the S&P 500 under Republican presidents, starting with Richard Nixon, would have grown to $2,087 on the day George W. Bush left office.

Stocks Return More With Democrat in White House: BGOV Barometer - Bloomberg

The 1%'er do better with Democrats. Noted

Over 50% of Americans own stock.

 

[Chris]

Bush's SEC let Wall Street run a derivatives Ponzi scheme that destroyed the world economy.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

 

[Toddsterpatriot]

Bush's SEC let Wall Street run a derivatives Ponzi scheme that destroyed the world economy.

Bush was the goose that flew into the engine.

Obama landed the plane in the Hudson.

It's a good thing that Obama let derivatives grow even larger.

 

[francoHFW]

Pubs are GREAT at corrupt booms- and busts...a disgrace...and pulling the wool over the eyes of the chumps...