C'mon @Soonerg2121, you have to be trolling, there is no rational person, maybe besides in north korea who wants to go back to comunism... thats why your society won't work, because everyone will be free, but someone will come along and abuse that power, and we know what happens next.
@MrPurplefood You and Labroristoxic are one in the same.I know you have erased my last response in regards to communism. I'll say this again.Communism has Banks,Crime,Military Prisons and Police.Former Soviet Union and Now Red China has those Financial Institutions just as the west who imposes their will on them.The only true Trolls are you who continue to muck up the issue.So erase this and continue falsifying what I Talk about.That is the only thing you have going.Propaganda!!
@MrPurplefood Your world is crumbling before your eyes.So if all you is blame other people from bull shit created by your own financial ideology.Well your wasting people's time.That miss-information can't hold water.Like I said before.All you stand for is for Lies, Fraud, Cheating and more glibness than ever before.I don't use words as semantics or excuse peoples bad behavior as BS Human Nature.Your responsible just as anyone else for your own actions.You rely on ignorance and glib
Guess what, markets aren't static, they're dynamic, just like your utopian civilisation? you know why your plan will never work - well lets go back to comunism - every animal is equal... but it is my understanding that after a while it became 'but some are more equal than others'. you have completely amalgimated with comunists, ahahahahaha.
@MrPurplefood Keep clutching to your financial bull shit as they continue to fall apart around you.I'll continue to live in reality.Communism was a bunch of thugs just like you.They had Banks,Armies,Police, Prison and Crime.Criminal Bankers and Corporations businesses, control all kinds of Governments which are inclined towards Fascism.Your world is crumbling and I unlike you evaluate other information and learn from it.You on the other hand muck things up and live on ignorance.
@MrPurplefood I'm done with you and your fantasy. You and this bull shit notion that blame is the way to go. You guys blame to deflect responsibility away from your own bull shit that doesn't hold water. Miss inform, propaganda, Lies, Blame as well as creating a boogie man is the name of the game. I'm done with you clowns because you clowns have been exposed. You can no longer hide behind your bull shit grafts and bull shit news networks.All you men have to offer is insecurities.
We talk about civilization as though it's a static state. There are no civilized people yet, it's a process that's constantly going on.As long as you have war, police, prisons, crime, you are in the early stages of civilization.Again this isn't Utopian because that would mean a cause finality.Also if you ask who over seas this operation?Well that is what we have now. Someone(Government Businesses and Bankers) watching and telling us who gets what. In a RBE your Totally Free to live as one wishes
But lack the capital required, and those who have excess capital to invest, but lack opportunities. Rather than actually complaining about the financial system, why not do some reading, start investing, you might change your mind, oh and when you do, look for some arbitrage :)
@MrPurplefood Invest in what. Thin Air. Allocate what.Jobs that don't even exist anymore?Oh by the way investment is a nice word for gamble. Most people on planet earth is broke and have no access to cash. What they are left with is credit which equals to debt. Oh arbitrage is complete waste of time when their isn't much left. Listen I'm done talking to you because what you stand for is fraud. All you do is place fear, blame, cheat as well as lie your way into glibness.
@MrPurplefood Your superficial approach to the world around you is childish which decouples you from reality. You blinker out when it comes to the world around you. People like you simply don't get it.This ideology that nothing else exist but profit is so ingrained in your mind locked indoctrination that causes people like you to live within a bubble. Your going to have a very hard time when the shit hits the fan. I'm done talking to you and good luck with your casino world.lol.
@LABORISTOXIC you make it sound like I;m going to replace money. A Resource Base Economy will replace money. A Resourced Base Economy is a highly technical efficient method of producing abundance through automation. yes people;s job are going to be replaced through automation. Look it up on. Automation vs Labor. If you don't get this or simply dismiss it?Then I know I should not take you seriously.I unlike you keep an open mind on other things around me besides finance.Just look it up and learn.
@LABORISTOXIC "In a RBE, we move people out of government. It's all operated by machines, meaning not the people, just the products: the farming, the agriculture, the production. It's all machine-designed and programming. But it does not program or design people. People are free to live whatever lifestyle they want to. If you get sick you get helped. If you wish to travel you can with out being charged. If they hurt other people, they're helped they’re not put into prisons.
ahahaha, you have to be trolling, there is no feasible explanation other than that to explain, your ... ah.. arguments about how we won't use money in the future.
i know it’s not perfect but: the standard theory of financial markets is to contribute to the welfare of society by facilitating the efficient allocation of capital to the most productive uses. They do so by bringing together, in a competitive environment, those who currently have opportunities to invest
i don't know what to be more worried about - your blatant inabillity to accept a system that has worked for hundreds of years. Or your amalgamation with communist/ fabian society. Guess what, when the bubble burst there is a recession, but eventually there is an upturn. over the history of the share market some 75 out of 110 years there have been positive returns. the fact that you don't think money will be the base currency in the future is laughable, and pigs haven't flown.
@MrPurplefood Ok. That's it. You just don't care. You can hide behind communism/fabian society bull shit antagonism or you can continue to acknowledged how you support this criminal economic system that's unjust,senseless,or disgraceful act or condition imposed by the very few.I can tell you wouldn't last a second in the real world because people like are use to having others do your dirty for you.The debt is bull shit because with out it money isn't real. Period.
@MrPurplefood Talking to people like you is like a pulling teeth. You wear a Tin foil hat on your head and I'm afraid that no amount of gold currency or trinkets will help you when this rubbish economic system goes into the garbage bin. Your going to have a difficult time when things change.But than again history isn't up for the tyrants.Look at all the idiots through out history ended up.All it takes it's a spark and the dominoes comes falling down.Your History one way or another.
... do you have one shread of economic knowledge? Pigs will fly before we change the worlds valuation system away from money currencies.
do you know why money was created in the first place? it was to make transations between two parties easier, easier then trying to trade a sheep for 50 carrots. it was created to sustain a society who were not self sufficient but through a surplus of an item (in our case, money) were able to attain everything to become sustainable.
@MrPurplefood Again your talking gibberish.Money is scarce for many people. Also it creates artificial scarcity when it comes to tangible because it needs to keep the value of the currency going. It's a Big Ponzy scheme run by Wall Street, Federal Reserve, Government, and the IMF. It's intention is to create massive speculation,derivatives, and false markets that don't even exist.They prevent the majority of people from gaining access to things they need because many have no money.
@MrPurplefood Their was a time in the past when money was great because in the past there was high demand and true scarcity so growth was low and demand was high.But today we can produce more than we can sell and scarcity is no longer valid. We have plenty of resources but not enough money.It's a system that is imploding because you can no longer keep the value of debt going and people are simply losing faith in paying into debt because they see no value in it with respect to life.
@MrPurplefood The true value with respect with life is resources not someones mental disease faith based money system. Look around the pigs are already flying and this time they are bombing crapo on the markets that are not even real to begin with. Less and less people in this world have no money to spend because those jobs are gone forever. All the jobs are being automated and the rest is enslavement. The next step is access for things for free and this is where we are going.
@MrPurplefood So if you think People will continue to invest into this casino gambling economic system.You have another thing coming. Now you can pretend or think this economy revolves around the very few. But let me remind you that it's the people that matters not Money.People are motivated by creativity not selling out.All I can say is your financial ideology days are numbered because there is nothing left to invest because there is no economic recovery.We either evolve or perish
ahaha good luck trying to romove 'the flow of money'. i'm not sure if you have realised, but that is how our society functions and has done so for hundreds of years...
@MrPurplefood Yes The Flow of Money has been around for hundreds of years but who says we don't need to change things now on your watch.Who gave you the moral authority to say this is they it's always been and shall always be.Only a Tyrant and the Guardians of the Status Quo will say such a thing.You speak for yourself and those who wish to keep things just the way they are.But for others like me and those who wishes change.Will do our best to make this happen even if you doubt us.
OK lets get real here. First of all? All Politicians are pieces of crap. All national Debts private and public is universal and it would not have matter if you had the Liberal party in Charge of Australia because they would have sold out to the Banks too. The World banks as well as all Nations Central Banking System is creating Debt faster that you can spell Spit. The Banks tell the Politicians to jump and they respond by saying how high. All Politicians are whores to the banksters of the world.
2. It is not about debt but the scale of debt and the wastefulness of governments in attaining that debt.
3. Decisions by overseas governments to use taxpayers money to bail out banks was wrong. The idea that profits are private but losses are public is rediculous.
@LABORISTOXIC 1.Not All Politicians are pieces of Crap feeders but most are full of SH666T.
2. It's about debt!! Weather it's big or small they always seem to throw bones at people through unregulated credit that only enslaves us all because they want to keep the value of any nations currency going through inflation.Thus all the western world cash has lost 95% of it's value.
3.Decisions overseas are made by private firms who own all each nations Central Banking system.
2. We agree ...... but we have to pay back all the money. Remember ..... we did have $45B in the bank a few years back ...... soon we will owe $136B.
3. Decisions made by Governments to give the banks money ..... TAXPAYER MONEY .... was wrong!!! As a minimum the Governments should have told the banks to issue new shares. At least the Taxpayers would have 'owned' something.
@LABORISTOXIC Look at Greece.If they have to pay back the loans they borrowed over the years it means the Greek citizens will be required to give up their social programs through austerity and their standard of living will be in the buckets.Also for your information no amount of spending cuts will rectify the situation because when debt gets this big through massive inflation?The value of the currency has been devalued and no amount of shares will help.Your onlykicking the can down
@Soonerg2121 ..... the problem with Greece was not banks ..... it was the government. When talking about banks I refer to those in England, Ireland, Scotland, USA, France etc who wasted money on toxic loans to the public and countries.
@LABORISTOXIC The problem with Greece is every bit to do with the banks OK. I love the way you love to shift away the blame from the banks and redirect the blame back towards the Government.Listen your BS doesn't hold water and you know what's going. Your misleading propaganda is legendary.You know that when banks fail the people are the ones who pay the price in places like Greece,Ireland and TIN BUCK TOO. Like I said before the governments takes their cue from the Central Banks.
@Soonerg2121 .. do you not read! I am blaming some of banks .. but not all banks were at fault.
In Greece the problem was that the Government didn't enforce taxation or balance the budget. They then took out loans from foreign banks (French, German, English) and when these fail because Greece defaults the banks fail. But these banks think that the taxpayer (French, German, English) should pay for their mistakes ..... and the weak Governments bail them out. I THINK THIS IS WRONG!!!!
@LABORISTOXIC You can try as you might say this Politician is great this Politicians eats horse radish.What your doing is mucking up the issue and hope people don't learn the root cause of the problem.The Monetary system doesn't work and we are at a time and place where people need to move away from money and move towards a Recourse Base Economy.You can try and hold on to the notion of charging people for anything but that paradigm has shifted.You problem is not to notice or care.
@Soonerg2121 ..... the monetary system works fine .... as long as everyone plays by the same rules. The chief problem currently lies in China and their devalued currency.
I would love to hear about your "Resource Base Economy".
@LABORISTOXIC If it was working Fine?We would not have the problems we are having now.That's like an addict saying that he or she has the Addiction under control when everyone can see the person is getting the shakes from the withdrawal symptom.China is nothing but a basket case and blaming a nation will not solve the problem.This economic crisis is global and no stone will be unturned when this economic system implodes.We can't go on doing the same and hope for different results.
@LABORISTOXIC A RBE is a system which aims to incorporate sustainability through our cities and values,energy efficiency,collective farms, natural resource management with advanced automation.This isn't Utopian because any BS notions of Utopia would mean finality.What we have now is rationing resources through monetary methods through disenfranchisement It's immoral as well as irrelevant and counter productive to our survival.The banks,The Corporation as well as Money is parasitic.
@LABORISTOXIC Any notion that of crap about Government take over is another BS because RBE is not Political nor Government. Governments are the institutions that keeps the Financial system in Place. These Governments and Financial predators will take offensive action against the better-off or helpless whatever the power differentials are; resulting in social consequences like poverty, crime, corruption and war, when the root cause is removed (the flow of money) then these troubles will vanish.[
@LABORISTOXIC Remember that value of our Fiat currency has lost 95% of it's values since 1913.The World Reserve Currency is the mighty US Dollar and everyone including the Chinese Fire Drills knows this.All world's currency as well as trades of exchange for goods and services is tied to the Dollar.Goldman Sachs runs China and the also rule the world.So MP officials from Tony Abbot through Julia Gillard will be through feces at each other on who's to blame for this.It's a nice movie
@LABORISTOXIC Whether you use Gold, Fiat,or Trinkets you will still disenfranchise millions of people because they must be in debt to pay of the interests on those loans.Money creation requires loans from the banking system because people are required to go into debt in order for any new money to be created.Thus debasing the means of exchange.Our economy is contracting because we can produce more and their isn't scarcity only the means in which to deny us access because no money.
@Soonerg2121 ...... I am sorry to inform you but our economy is expanding just like what happened with Keating. Unfortunately Keating, like the current government refuses to wind back spending. Meanwhile we are paying more than $12B/annum in interest. Ouch!!!
@MrReco12 ...... data that you are talking about comes directly from 2007-2008 budget. You must be one of those people that I said were "the ignorant public"
@LABORISTOXIC Floating the dollar, deregulating the banking and financial system, tariff cuts, ending centralised wage fixing, national competition laws, taxation reforms etc. Everyday we should be thankful that someone had the guts to open up our economy. This would never had happen under a Coalition with the National Party. The only true great reformist govt in our history and all the rest are a joke labor and liberal.
@dlan1500 ..... obviously you are too young to have experienced the massive interest rates, massive unemployment and massive inflation. It obviously doesn't hurt when you read about it in books!!!
@LABORISTOXIC My family had a mortgage and got through it. Mind you houses were a lot cheaper back then until Howard recklessly handed out first home owner grants in 2001. This then saw the biggest explosion of house prices in Australia's history. Can you put that graph up on your site.
@dlan1500 ..... once again you spill your ignorance. The home owners grant was to help with the increases in building houses due to the GST. The Federal Government does not set prices on houses ..... the market does. If there was any influence in prices it was due to State Labor Governments not releasing land. But that was a specific tactic because they would increase land prices, raise more money through taxes and rates per block while providing the same service.
@LABORISTOXIC I love conservative talk. When things go wrong its Labor's fault but when house prices soared in 2001 after the introduction of the home grant, oh no its the market and Labors fault. So please explain the high interest rates and high inflation and high debt when Howard was treasurer in the 70s. Let me tell you inflation was out of control.
@LABORISTOXIC You over exaggerate. Maybe you should ask someone about the depression of the 1930s where people were lining up for food stamps. Its just as tough now, as it was in the 70s and 80s to have a mortgage.
ahahahahahahaha
MrPurplefood 6 days ago
@soonerg2121 Okay, what do we use instead of a monetary currency then? how do we value items, how do we become sustainable in the community?
MrPurplefood 1 week ago
@MrPurplefood ....... Maybe we go back to cow trading!!!!
LABORISTOXIC 1 week ago
@LABORISTOXIC
C'mon @Soonerg2121, you have to be trolling, there is no rational person, maybe besides in north korea who wants to go back to comunism... thats why your society won't work, because everyone will be free, but someone will come along and abuse that power, and we know what happens next.
MrPurplefood 1 week ago
@MrPurplefood You and Labroristoxic are one in the same.I know you have erased my last response in regards to communism. I'll say this again.Communism has Banks,Crime,Military Prisons and Police.Former Soviet Union and Now Red China has those Financial Institutions just as the west who imposes their will on them.The only true Trolls are you who continue to muck up the issue.So erase this and continue falsifying what I Talk about.That is the only thing you have going.Propaganda!!
Soonerg2121 1 week ago
@MrPurplefood Your world is crumbling before your eyes.So if all you is blame other people from bull shit created by your own financial ideology.Well your wasting people's time.That miss-information can't hold water.Like I said before.All you stand for is for Lies, Fraud, Cheating and more glibness than ever before.I don't use words as semantics or excuse peoples bad behavior as BS Human Nature.Your responsible just as anyone else for your own actions.You rely on ignorance and glib
Soonerg2121 1 week ago
@Soonerg2121 What is it you're trying to say you babbling tool?
plentymule 1 week ago
@Soonerg2121
Guess what, markets aren't static, they're dynamic, just like your utopian civilisation? you know why your plan will never work - well lets go back to comunism - every animal is equal... but it is my understanding that after a while it became 'but some are more equal than others'. you have completely amalgimated with comunists, ahahahahaha.
Stalin called - he wants his ideologies back.
MrPurplefood 1 week ago
This has been flagged as spam show
@MrPurplefood Keep clutching to your financial bull shit as they continue to fall apart around you.I'll continue to live in reality.Communism was a bunch of thugs just like you.They had Banks,Armies,Police, Prison and Crime.Criminal Bankers and Corporations businesses, control all kinds of Governments which are inclined towards Fascism.Your world is crumbling and I unlike you evaluate other information and learn from it.You on the other hand muck things up and live on ignorance.
Soonerg2121 1 week ago
@MrPurplefood I'm done with you and your fantasy. You and this bull shit notion that blame is the way to go. You guys blame to deflect responsibility away from your own bull shit that doesn't hold water. Miss inform, propaganda, Lies, Blame as well as creating a boogie man is the name of the game. I'm done with you clowns because you clowns have been exposed. You can no longer hide behind your bull shit grafts and bull shit news networks.All you men have to offer is insecurities.
Soonerg2121 1 week ago
@Soonerg2121 .... now you are raving!!!
LABORISTOXIC 1 week ago
We talk about civilization as though it's a static state. There are no civilized people yet, it's a process that's constantly going on.As long as you have war, police, prisons, crime, you are in the early stages of civilization.Again this isn't Utopian because that would mean a cause finality.Also if you ask who over seas this operation?Well that is what we have now. Someone(Government Businesses and Bankers) watching and telling us who gets what. In a RBE your Totally Free to live as one wishes
Soonerg2121 1 week ago
@Soonerg2121
[cont]
But lack the capital required, and those who have excess capital to invest, but lack opportunities. Rather than actually complaining about the financial system, why not do some reading, start investing, you might change your mind, oh and when you do, look for some arbitrage :)
MrPurplefood 1 week ago
@MrPurplefood Invest in what. Thin Air. Allocate what.Jobs that don't even exist anymore?Oh by the way investment is a nice word for gamble. Most people on planet earth is broke and have no access to cash. What they are left with is credit which equals to debt. Oh arbitrage is complete waste of time when their isn't much left. Listen I'm done talking to you because what you stand for is fraud. All you do is place fear, blame, cheat as well as lie your way into glibness.
Soonerg2121 1 week ago
@MrPurplefood Your superficial approach to the world around you is childish which decouples you from reality. You blinker out when it comes to the world around you. People like you simply don't get it.This ideology that nothing else exist but profit is so ingrained in your mind locked indoctrination that causes people like you to live within a bubble. Your going to have a very hard time when the shit hits the fan. I'm done talking to you and good luck with your casino world.lol.
Soonerg2121 1 week ago
@Soonerg2121 .... you still haven't explained how you would replace "money'!!!
LABORISTOXIC 1 week ago
@LABORISTOXIC you make it sound like I;m going to replace money. A Resource Base Economy will replace money. A Resourced Base Economy is a highly technical efficient method of producing abundance through automation. yes people;s job are going to be replaced through automation. Look it up on. Automation vs Labor. If you don't get this or simply dismiss it?Then I know I should not take you seriously.I unlike you keep an open mind on other things around me besides finance.Just look it up and learn.
Soonerg2121 1 week ago
@LABORISTOXIC "In a RBE, we move people out of government. It's all operated by machines, meaning not the people, just the products: the farming, the agriculture, the production. It's all machine-designed and programming. But it does not program or design people. People are free to live whatever lifestyle they want to. If you get sick you get helped. If you wish to travel you can with out being charged. If they hurt other people, they're helped they’re not put into prisons.
Soonerg2121 1 week ago
@Soonerg2121
ahahaha, you have to be trolling, there is no feasible explanation other than that to explain, your ... ah.. arguments about how we won't use money in the future.
i know it’s not perfect but: the standard theory of financial markets is to contribute to the welfare of society by facilitating the efficient allocation of capital to the most productive uses. They do so by bringing together, in a competitive environment, those who currently have opportunities to invest
MrPurplefood 1 week ago
@Soonerg2121
i don't know what to be more worried about - your blatant inabillity to accept a system that has worked for hundreds of years. Or your amalgamation with communist/ fabian society. Guess what, when the bubble burst there is a recession, but eventually there is an upturn. over the history of the share market some 75 out of 110 years there have been positive returns. the fact that you don't think money will be the base currency in the future is laughable, and pigs haven't flown.
MrPurplefood 1 week ago
@MrPurplefood Ok. That's it. You just don't care. You can hide behind communism/fabian society bull shit antagonism or you can continue to acknowledged how you support this criminal economic system that's unjust,senseless,or disgraceful act or condition imposed by the very few.I can tell you wouldn't last a second in the real world because people like are use to having others do your dirty for you.The debt is bull shit because with out it money isn't real. Period.
Soonerg2121 1 week ago
@MrPurplefood Talking to people like you is like a pulling teeth. You wear a Tin foil hat on your head and I'm afraid that no amount of gold currency or trinkets will help you when this rubbish economic system goes into the garbage bin. Your going to have a difficult time when things change.But than again history isn't up for the tyrants.Look at all the idiots through out history ended up.All it takes it's a spark and the dominoes comes falling down.Your History one way or another.
Soonerg2121 1 week ago
@Soonerg2121
... do you have one shread of economic knowledge? Pigs will fly before we change the worlds valuation system away from money currencies.
do you know why money was created in the first place? it was to make transations between two parties easier, easier then trying to trade a sheep for 50 carrots. it was created to sustain a society who were not self sufficient but through a surplus of an item (in our case, money) were able to attain everything to become sustainable.
MrPurplefood 1 week ago
@MrPurplefood Again your talking gibberish.Money is scarce for many people. Also it creates artificial scarcity when it comes to tangible because it needs to keep the value of the currency going. It's a Big Ponzy scheme run by Wall Street, Federal Reserve, Government, and the IMF. It's intention is to create massive speculation,derivatives, and false markets that don't even exist.They prevent the majority of people from gaining access to things they need because many have no money.
Soonerg2121 1 week ago
@MrPurplefood Their was a time in the past when money was great because in the past there was high demand and true scarcity so growth was low and demand was high.But today we can produce more than we can sell and scarcity is no longer valid. We have plenty of resources but not enough money.It's a system that is imploding because you can no longer keep the value of debt going and people are simply losing faith in paying into debt because they see no value in it with respect to life.
Soonerg2121 1 week ago
@MrPurplefood The true value with respect with life is resources not someones mental disease faith based money system. Look around the pigs are already flying and this time they are bombing crapo on the markets that are not even real to begin with. Less and less people in this world have no money to spend because those jobs are gone forever. All the jobs are being automated and the rest is enslavement. The next step is access for things for free and this is where we are going.
Soonerg2121 1 week ago
@MrPurplefood So if you think People will continue to invest into this casino gambling economic system.You have another thing coming. Now you can pretend or think this economy revolves around the very few. But let me remind you that it's the people that matters not Money.People are motivated by creativity not selling out.All I can say is your financial ideology days are numbered because there is nothing left to invest because there is no economic recovery.We either evolve or perish
Soonerg2121 1 week ago
@soonerg2121
ahaha good luck trying to romove 'the flow of money'. i'm not sure if you have realised, but that is how our society functions and has done so for hundreds of years...
MrPurplefood 2 weeks ago
@MrPurplefood Yes The Flow of Money has been around for hundreds of years but who says we don't need to change things now on your watch.Who gave you the moral authority to say this is they it's always been and shall always be.Only a Tyrant and the Guardians of the Status Quo will say such a thing.You speak for yourself and those who wish to keep things just the way they are.But for others like me and those who wishes change.Will do our best to make this happen even if you doubt us.
Soonerg2121 2 weeks ago
If you want to have an updated look at Australia's debt ..... I posted a new video covering the 2011-12 MYEFO. This Labor Government is so parasitic.
LABORISTOXIC 2 weeks ago
OK lets get real here. First of all? All Politicians are pieces of crap. All national Debts private and public is universal and it would not have matter if you had the Liberal party in Charge of Australia because they would have sold out to the Banks too. The World banks as well as all Nations Central Banking System is creating Debt faster that you can spell Spit. The Banks tell the Politicians to jump and they respond by saying how high. All Politicians are whores to the banksters of the world.
Soonerg2121 2 months ago
@Soonerg2121 ...... Then why was it a policy for the Liberals to have no debt???? A massive flaw in your simplistic arguement
LABORISTOXIC 1 month ago
@Soonerg2121
1. Not all politicians are pieces of crap!!!
2. It is not about debt but the scale of debt and the wastefulness of governments in attaining that debt.
3. Decisions by overseas governments to use taxpayers money to bail out banks was wrong. The idea that profits are private but losses are public is rediculous.
LABORISTOXIC 2 weeks ago
@LABORISTOXIC 1.Not All Politicians are pieces of Crap feeders but most are full of SH666T.
2. It's about debt!! Weather it's big or small they always seem to throw bones at people through unregulated credit that only enslaves us all because they want to keep the value of any nations currency going through inflation.Thus all the western world cash has lost 95% of it's value.
3.Decisions overseas are made by private firms who own all each nations Central Banking system.
Soonerg2121 2 weeks ago
@Soonerg2121 ......
1. We agree
2. We agree ...... but we have to pay back all the money. Remember ..... we did have $45B in the bank a few years back ...... soon we will owe $136B.
3. Decisions made by Governments to give the banks money ..... TAXPAYER MONEY .... was wrong!!! As a minimum the Governments should have told the banks to issue new shares. At least the Taxpayers would have 'owned' something.
LABORISTOXIC 2 weeks ago
@LABORISTOXIC Look at Greece.If they have to pay back the loans they borrowed over the years it means the Greek citizens will be required to give up their social programs through austerity and their standard of living will be in the buckets.Also for your information no amount of spending cuts will rectify the situation because when debt gets this big through massive inflation?The value of the currency has been devalued and no amount of shares will help.Your onlykicking the can down
Soonerg2121 2 weeks ago
@Soonerg2121 ..... the problem with Greece was not banks ..... it was the government. When talking about banks I refer to those in England, Ireland, Scotland, USA, France etc who wasted money on toxic loans to the public and countries.
LABORISTOXIC 2 weeks ago
@LABORISTOXIC The problem with Greece is every bit to do with the banks OK. I love the way you love to shift away the blame from the banks and redirect the blame back towards the Government.Listen your BS doesn't hold water and you know what's going. Your misleading propaganda is legendary.You know that when banks fail the people are the ones who pay the price in places like Greece,Ireland and TIN BUCK TOO. Like I said before the governments takes their cue from the Central Banks.
Soonerg2121 2 weeks ago
@Soonerg2121 .. do you not read! I am blaming some of banks .. but not all banks were at fault.
In Greece the problem was that the Government didn't enforce taxation or balance the budget. They then took out loans from foreign banks (French, German, English) and when these fail because Greece defaults the banks fail. But these banks think that the taxpayer (French, German, English) should pay for their mistakes ..... and the weak Governments bail them out. I THINK THIS IS WRONG!!!!
LABORISTOXIC 2 weeks ago
@LABORISTOXIC You can try as you might say this Politician is great this Politicians eats horse radish.What your doing is mucking up the issue and hope people don't learn the root cause of the problem.The Monetary system doesn't work and we are at a time and place where people need to move away from money and move towards a Recourse Base Economy.You can try and hold on to the notion of charging people for anything but that paradigm has shifted.You problem is not to notice or care.
Soonerg2121 2 weeks ago
@Soonerg2121 ..... the monetary system works fine .... as long as everyone plays by the same rules. The chief problem currently lies in China and their devalued currency.
I would love to hear about your "Resource Base Economy".
LABORISTOXIC 2 weeks ago
@LABORISTOXIC If it was working Fine?We would not have the problems we are having now.That's like an addict saying that he or she has the Addiction under control when everyone can see the person is getting the shakes from the withdrawal symptom.China is nothing but a basket case and blaming a nation will not solve the problem.This economic crisis is global and no stone will be unturned when this economic system implodes.We can't go on doing the same and hope for different results.
Soonerg2121 2 weeks ago
@LABORISTOXIC A RBE is a system which aims to incorporate sustainability through our cities and values,energy efficiency,collective farms, natural resource management with advanced automation.This isn't Utopian because any BS notions of Utopia would mean finality.What we have now is rationing resources through monetary methods through disenfranchisement It's immoral as well as irrelevant and counter productive to our survival.The banks,The Corporation as well as Money is parasitic.
Soonerg2121 2 weeks ago
@LABORISTOXIC Any notion that of crap about Government take over is another BS because RBE is not Political nor Government. Governments are the institutions that keeps the Financial system in Place. These Governments and Financial predators will take offensive action against the better-off or helpless whatever the power differentials are; resulting in social consequences like poverty, crime, corruption and war, when the root cause is removed (the flow of money) then these troubles will vanish.[
Soonerg2121 2 weeks ago
@LABORISTOXIC Remember that value of our Fiat currency has lost 95% of it's values since 1913.The World Reserve Currency is the mighty US Dollar and everyone including the Chinese Fire Drills knows this.All world's currency as well as trades of exchange for goods and services is tied to the Dollar.Goldman Sachs runs China and the also rule the world.So MP officials from Tony Abbot through Julia Gillard will be through feces at each other on who's to blame for this.It's a nice movie
Soonerg2121 2 weeks ago
@LABORISTOXIC Whether you use Gold, Fiat,or Trinkets you will still disenfranchise millions of people because they must be in debt to pay of the interests on those loans.Money creation requires loans from the banking system because people are required to go into debt in order for any new money to be created.Thus debasing the means of exchange.Our economy is contracting because we can produce more and their isn't scarcity only the means in which to deny us access because no money.
Soonerg2121 2 weeks ago
@Soonerg2121 ...... I am sorry to inform you but our economy is expanding just like what happened with Keating. Unfortunately Keating, like the current government refuses to wind back spending. Meanwhile we are paying more than $12B/annum in interest. Ouch!!!
LABORISTOXIC 2 weeks ago
Thank you for sharing the information, I will share this video with many more people, wake up! My fellow Australian!
mysupermaltese 3 months ago
@mysupermaltese
Thanks ..... but it just got worse!!!! New video explaining the 2011-12 MYEFO Budget about to be released
LABORISTOXIC 3 months ago
Your chart is made up: Labor delivered a surplus in 1987.
Liar and a fool!
MrReco12 5 months ago
@MrReco12 ...... data that you are talking about comes directly from 2007-2008 budget. You must be one of those people that I said were "the ignorant public"
LABORISTOXIC 5 months ago
@LABORISTOXIC ...... come see my new video about the 2011-12 MYEFO and see how Australian debt blew out another $20B
LABORISTOXIC 3 months ago
@LABORISTOXIC Floating the dollar, deregulating the banking and financial system, tariff cuts, ending centralised wage fixing, national competition laws, taxation reforms etc. Everyday we should be thankful that someone had the guts to open up our economy. This would never had happen under a Coalition with the National Party. The only true great reformist govt in our history and all the rest are a joke labor and liberal.
dlan1500 3 weeks ago
@dlan1500 ..... obviously you are too young to have experienced the massive interest rates, massive unemployment and massive inflation. It obviously doesn't hurt when you read about it in books!!!
LABORISTOXIC 2 weeks ago
@LABORISTOXIC My family had a mortgage and got through it. Mind you houses were a lot cheaper back then until Howard recklessly handed out first home owner grants in 2001. This then saw the biggest explosion of house prices in Australia's history. Can you put that graph up on your site.
dlan1500 2 weeks ago
@dlan1500 ..... once again you spill your ignorance. The home owners grant was to help with the increases in building houses due to the GST. The Federal Government does not set prices on houses ..... the market does. If there was any influence in prices it was due to State Labor Governments not releasing land. But that was a specific tactic because they would increase land prices, raise more money through taxes and rates per block while providing the same service.
LABORISTOXIC 2 weeks ago
@LABORISTOXIC I love conservative talk. When things go wrong its Labor's fault but when house prices soared in 2001 after the introduction of the home grant, oh no its the market and Labors fault. So please explain the high interest rates and high inflation and high debt when Howard was treasurer in the 70s. Let me tell you inflation was out of control.
dlan1500 2 weeks ago
@dlan1500 ...... I am glad your family survived ...... many didn't .... too bad you didn't come out of your bubble!!! Many lost everything!!!
LABORISTOXIC 2 weeks ago
@LABORISTOXIC You over exaggerate. Maybe you should ask someone about the depression of the 1930s where people were lining up for food stamps. Its just as tough now, as it was in the 70s and 80s to have a mortgage.
dlan1500 2 weeks ago
@MrReco12 ...... in response to your comment I have made an additional video 'LABOR DEBT RESPONSE'
Feel free to view comment. While we may disagree, I respect your opinions and value your comments.
Stay safe
LABORISTOXIC 5 months ago