Tarpley-Bernanke Running Scared as Tiny Tim Licks Ron Paul Boots

they should lock the doors and keep all of them out.

US has no choice but to default on (some) of its bonds.

Feds are robbers for world bankers. RICO is needed for the Israeli mafia.

-- why don't you?

For the same reason I don't sell crack to crack addicts.

For the same reason I don't charge a friend or family member interest.

Banks create money from nothing, any interest on money created from nothing is by definition an infinite interest rate.

Who said you should charge interest? I said, just lend out money.. you are free to do so at 0% even today.
Is giving money to poor folks same as selling crack to crack addicts? Your problem is you don't want poor people to ever be able to borrow money - AT ALL! NICE!

Ok, to put to rest your strawman, If I had a few million I would start a non-profit micro loan company and make loans based on the risks involved.

Now, how does what *I* do, or don't do -- have any bearing on exploitation of the poor.

Payday lenders charge-off only 3-5% of the loans made and charge 300-500% APRs, compare to Credit cards charge-off of 2.7% and charge 15-22% APRs.

Glad you are on the 'side' of the poor, am sure they are tickled pink.

I see, so you are not willing to lend your money out for 0% interest. So the poor should go without the money.. because somehow you have determined that they are "exploited". If it weren't for a wise armchair moralists like yourself, who would look out for the poor? Deciding for them, what they can have and cannot have.

Now only if I ride a horse that high... I would see your point.

-- Now only if I ride a horse that high...

Guess what, the govt (the people) doesn't need a high horse, or any justification whatsoever to regulate how FRNs are used.

We (the people) have utter and absolute right to impose any restriction that strikes our fancy.

Now, tell me why this is true. Impress me.

"the govt(the people)"

Oh yeah! Another one of those.. I was right.. socialist progressive types masquerading as libertarian.

So it was the people that had the utter and absolute right to provide the bailouts too.. 

Nevermind, reality and evidence never interferes with the fantasy of folks like you. Keep on dreaming. Enjoy!

-- the govt(the people)

Ok, then YOU choose which context, which assumptions we are going to consider valid for purposes of this debate.

I mean, if we assume the govt is without authority or legitimacy, it would be nice to know where and how and why that occurred -- so it can be legally contested.

And if we don't give a damn about that, we are just going to sound like two anarchists:

"Kill the police!"

"Yea, man, yea!"

So pick your assumptions, then we will debate.