"living wills" of 5 banks fail to pass muster

[Jacque67 7,328]

What is not concise about the above(the two posts above the two recent ones)? Are you kidding me? Say you have no counter argument and get it over with already.

sassy! Have you ever watched tv, people would turn off in 2seconds .. There is no attention grabbing in the first sentence,,,not saying your posts are not informative..

[OriZ 3,165]

Sorry I don't try to make my posts attention grabbing

I figure those who are actually interested will read them anyway.

Back to the topic though, I compressed everything for you into two rather small posts a few posts back. How are they not concise and why can't you reply to them?

[Jacque67 7,328]

Sorry I don't try to make my posts attention grabbing

I figure those who are actually interested will read them anyway.

Back to the topic though, I compressed everything for you into two rather small posts a few posts back. How are they not concise and why can't you reply to them?

You need a Charlie Babbitt in your life- lol.

You are optimistic if you think peeps will read them.

Ok ... I'm a sucker ..which posts do you recommend for someone reading in the early hours but having to respond to overseas mails

[OriZ 3,165]

#97, #98. Counter. Shoot.

[Jacque67 7,328]

#97, #98. Counter. Shoot.

Ok. Will get to it...but have been drinking ( disclosure)

[elmcitymaven 9,712]

You need a Charlie Babbitt in your life- lol.

You are optimistic if you think peeps will read them.

Ok ... I'm a sucker ..which posts do you recommend for someone reading in the early hours but having to respond to overseas mails

Je n'ai fait celle-ci plus longue que parce que je n'ai pas eu le loisir de la faire plus courte.

[Jacque67 7,328]

Je n'ai fait celle-ci plus longue que parce que je n'ai pas eu le loisir de la faire plus courte.

Got it in one!!!

This sums up the human predicament in one...

[Jacque67 7,328]

You seem to not understand that by saying I am not giving my opinion on endless printing, it is to stay on topic. The topic is not whether or not they should abuse that power. The topic was other options besides the fed and the treasury can certainly be one of them. I did not imply that they should abuse that(in the same way the fed does now). I do not believe in printing endless money and have made it clear before. Also, I DID give my own opinions and ideas several times, however that was not enough so I have given some more ideas - some already well known and some less - but would it really make you happier if I wasted my own time and typed it in my own words instead of just pasting them? Read further, trust me it is worth it.

I don't use shortcuts to beat the market. You cannot consider the amount of time and effort it takes to do what I do a shortcut.

So as I have said several times before, when I say "end the fed" I am saying we need to end the current role of the fed as a central bank with its current mandate, what I am NOT saying is we should not have any body(or bodies preferably, to avoid a monopoly) that would be responsible for the other roles the fed currently has. I am just trying to put out all the known solutions out there so that people can see there are a TONyy of them. Some better some worse, so choose the one you think is best or makes most sense.

Out of what I have already pasted before, I think this one takes most of my suggestions and kind of combines some of them together. I think it could work:

4. Interest-Free Treasury Dollars: Interest-free money issued directly by the Treasury, reminiscent of Lincolns Greenback, would basically remove the for-profit middleman the Federal Reserve. The concept of interest-free money in the U.S. started in Colonial times. Ben Franklin referred to it as honest money and wrote In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to make the products pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one. Naturally, the private banking cartel will deplore this idea, as it breaks their control over the government and the economy. John F. Kennedy was the last president to attempt this on June 4th, 1963 (Just months before his assassination); he signed Executive Order 11110, which gave him legal clearance to create interest and debt-free money directly from the Treasury. What made Kennedys plan even more secure is that his interest-free money was to be backed by silver bullion in the Treasury. This would seem to be the best national strategy so long as other local competing currencies are still allowed to exist. Otherwise we are just trading one monopoly for another.

Ok.. Here..the privisory...as long as other local competing etc. This won't happen in the present market...wishful thinking...you wanna rule the world??? Tad grandiose...a beautiful mind???

[OriZ 3,165]

Who said it was going to happen? I don't have the delusion it would happen. You are refusing to answer or counter, yet again, and talking in circles again about what will and what won't happen which is not the point. The argument was about alternatives. The fact that no alternative would be accepted in today's world is just a known, sad fact of life. The question of WHY, remains unanswered, including by you.

People just like to keep what they are used to, even if it does nothing but harm them. Clear case of the stockholm syndrome. They have gotten so conditioned by the cartel to accept nothing else but more government and central bank control, that they automatically see any attempts of going back to actually being a FREE society as bad, regardless of whether or not they can even explain why or rationalize it.

Thinking outside the box will take you places.

[Jacque67 7,328]

Who said it was going to happen? I don't have the delusion it would happen. You are refusing to answer or counter, yet again, and talking in circles again about what will and what won't happen which is not the point. The argument was about alternatives. The fact that no alternative would be accepted in today's world is just a known, sad fact of life. The question of WHY, remains unanswered, including by you.

People just like to keep what they are used to, even if it does nothing but harm them. Clear case of the stockholm syndrome. They have gotten so conditioned by the cartel to accept nothing else but more government and central bank control, that they automatically see any attempts of going back to actually being a FREE society as bad, regardless of whether or not they can even explain why or rationalize it.

Thinking outside the box will take you places.

You think you are thinking outside the box?? You are so inside it you can't even see...

You appear defeatist in thinking no alternative would happen in the present world.

As for expressing my personal opinions on a public forum- lol

You obviously have nothing to protect. I envy you;)

[OriZ 3,165]

As a matter of fact, yes, I do think outside the box, more than 90% of the people whether in the forum or in RL. Next. You continue to dance around the issue and offer no insight. Nothing new. Do you favor or don't you favor getting rid of the federal reserve and putting something else in its place? If you don't explain why("Cause it will cause chaos" is not an acceptable explanation). Like most people in your clique, you can't answer a simple question.

Edited April 18, 2016 by OriZ

[Jacque67 7,328]

As a matter of fact, yes, I do think outside the box, more than 90% of the people whether in the forum or in RL. Next. You continue to dance around the issue and offer no insight. Nothing new. Do you favor or don't you favor getting rid of the federal reserve and putting something else in its place? If you don't explain why("Cause it will cause chaos" is not an acceptable explanation). Like most people in your clique, you can't answer a simple question.

Oh puleeeeeaze.....you never answered MY question about the Gilded age for example....why should I dignify any of your questions with a reply....

I did you the courtesy of starting to read a post you recommended, but when I quizzed you on a particular point, you did not give a valid answer....just "throwing ideas out there" kinda stuff....

As to "my clique ".... Is that some kinda sexual reference????? I have no idea what you are talking about otherwise...this ain't high school...anyone is welcome to sit at my table;)

[Rob L 3,811]

Oh puleeeeeaze.....you never answered MY question about the Gilded age for example....why should I dignify any of your questions with a reply....

I did you the courtesy of starting to read a post you recommended, but when I quizzed you on a particular point, you did not give a valid answer....just "throwing ideas out there" kinda stuff....

As to "my clique ".... Is that some kinda sexual reference????? I have no idea what you are talking about otherwise...this ain't high school...anyone is welcome to sit at my table;)

you had tables in the lunchroom in Britain? Thought only American kids did that

[Jacque67 7,328]

you had tables in the lunchroom in Britain? Thought only American kids did that

No...we just ate off the floors-lol.

We had tables but the placings were designated by the school...no choice in the matter...had to sit where you were told...leads to interesting conversations though...less cliquey, than what I have seen on American movies-lol.

[Rob L 3,811]

4. Interest-Free Treasury Dollars: Interest-free money issued directly by the Treasury, reminiscent of Lincoln’s Greenback, would basically remove the for-profit middleman — the Federal Reserve. The concept of interest-free money in the U.S. started in Colonial times. Ben Franklin referred to it as “honest money” and wrote “In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to make the products pass easily from the producers to the consumers. In this manner, creating ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one.” Naturally, the private banking cartel will deplore this idea, as it breaks their control over the government and the economy. John F. Kennedy was the last president to attempt this on June 4th, 1963 (Just months before his assassination); he signed Executive Order 11110, which gave him legal clearance to create interest and debt-free money directly from the Treasury. What made Kennedy’s plan even more secure is that his interest-free money was to be backed by silver bullion in the Treasury. This would seem to be the best national strategy so long as other local competing currencies are still allowed to exist. Otherwise we are just trading one monopoly for another.

Orzo buddy, paranoia will destroy ya

you need to stop listening to the tin foil hat crowd. Executive Order 11110 was not intended and did not do what you claimed. It was simply a transitional step off of the gold standard.