[peacelovinman]

Originally Posted by Average Joe

Absolute utter rubbish. Get in the real world people.

It does not matter a toss whether the money is real or created from fresh air. It does not matter if the money is indeed fresh air. The FACT is that if you go to a shop and spend 10 grand on your credit card, the credit card company gives the shop 10 grand for your goods. The shop WOULD NOT accept your card if it thought it would not get the 10 grand from your credit card company!

The credit card company has PAID out 10 grand to the shop, who want their money, and is thus 10 grand down, and YOU owe it to the credit card company who advanced the money to the shop! There is no two ways about it and no getting away from this very basic fact!

It matters not that the credit card company did not send 10 grand in notes to the shop, and that it is just numbers on a computer screen or statement.

I can't believe the **** that people come out with to justify things.

Please read the "Croft" book I have already alluded to and you will see a different side to the arguement.

Contempt, prior to complete investigation, enslaves men to ignorance. – Dr. John Whitman Ray

All truth passes through three stages. First, it is ridiculed, second it is violently opposed, and third, it is accepted as self-evident. – Arthur Schopenhauer Philosopher, 1788-1860

Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When through the process of law the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished. – 1924 US Banker’s Association Magazine

When Rothschild said, Let me issue and control a nation’s money and I care not who writes its laws, it was the beginning of the modern era’s financial, political, social, commercial, and military strife and subversion. – perfecteconomy.com

The financial system has been turned over to the Federal Reserve Board. That board administers a finance system by authority of a purely profiteering group. That system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people’s money.
This (Federal Reserve) Act establishes the most gigantic trust on earth. When the president signs this bill, the invisible government by the monetary power will be legalized. The people may not know it immediately but the day of reckoning is only a few years removed, the worst legislative crime of the ages perpetrated by this banking bill. – Charles A. Lindbergh, R-MN

We have in this country one of the most corrupt institutions the world has ever known. I refer to the Federal Reserve Board. This institution has impoverished the people of the United States and has practically bankrupted our government. It has done this through the corrupt practices of the money
vultures who control it. A superstate controlled by international bankers and international industrialists acting together to enslave the world for their own pleasure. – Louis McFadden, D-PA

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve system have never been audited. It operates outside the control of Congress and manipulates the credit of the United States. – Barry Goldwater, R-AZ

I have unwittingly ruined my country. – W. Wilson, upon passage of Federal Reserve Act, 1913

If one understands that Socialism is not a “share the wealth” program but is in reality a method to consolidate and control the wealth, then the seeming paradox of super rich men promoting Socialism becomes no paradox at all. Instead it becomes logical, even the perfect tool of power-seeking
megalomaniacs. Communism, or more accurately Socialism, is not a movement of the down-trodden masses but of the economic elite. – Gary Allen

It (the Great Depression) was not accidental; it was a carefully contrived occurrence. The international Bankers sought to bring about a condition of despair here so that they might emerge as rulers of us all. – Louis McFadden

The Federal Reserve definitely caused the Great Depression by contracting the amount of currency in circulation by one third (1/3) from 1929 to 1933. – Milton Friedman

There may be a recession in stock prices, but not anything in the nature of a crash. – Irving Fisher, leading U.S. economist, New York Times, Sept. 5, 1929

Practices of the unscrupulous money-changers stand indicted in the court of public opinion, rejected by the hearts and minds of men. The money changers have fled from their high seats in the temple of our civilization. – FDR, who admitted he never read the Act which recalled the gold in 1933

History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling the money and its issuance. –
James Madison

It is well enough that the people of this nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. – Henry Ford

The whole aim of practical politics is to keep the populace in a continual state of alarm (and hence clamorous to be led to safety) by menacing them with an endless series of hobgoblins, all of them imaginary. – H. L. Mencken