It's a Wonderful Lie - 100 Years of the Federal Reserve

Make up your mind. Do you want to give Congress enough rope to hang themselves, or do you want to cut off their rope supply via amendment?
I'd rather cut it off but at least if they are given enough to hang themselves the public can do something about it and will be more likely to.

In any case, I don't like either of your authoritarian proposals. Ron Paul is right. People can make up our own minds what we want to use as money.
Where did I say that the public should be required to use government coined money or be restricted from using anything else?
 
If Congress debases the currency they can be voted out and the fact that they may tend to be more extreme about it means that the people will be more likely to react.

We should however pass a Constitutional Amendment to restrict Congress to either gold or silver.

Where did I say that the public should be required to use government coined money or be restricted from using anything else?

So when you said the currency you meant their currency? And when you talked about boobus being incensed at the debasement of their currency, you were envisioning a world where boobus could be motivated to act over the manipulation of something they aren't even required to use? And you feel that Congress has a reason to enter a contestant among competing currencies because...?
 
So when you said the currency you meant their currency?
Yes.

And when you talked about boobus being incensed at the debasement of their currency, you were envisioning a world where boobus could be motivated to act over the manipulation of something they aren't even required to use? And you feel that Congress has a reason to enter a contestant among competing currencies because...?
The government currency would as a matter of convenience most likely dominate the marketplace if for no other reason than taxes would need to be paid in it. (The government must set some standard for taxes to be paid in)

The existence of alternatives would allow people to avoid using the government currency if it became debased and that would make the likelihood of debasement much lower.

It would be best if the Constitutional Amendment specified a given weight and purity of either gold or silver for the Dollar as well, that would make debasement even harder.
 
And Congress is not above claiming "coin" is a catchall phrase. Besides, even you will admit the people who drafted the Constitution didn't expect Congress to load the metal discs in the stamping dies personally.

Not that it matters. Wood, plastic and cardboard have all been coined. Literally. Look up mills.

Slightly off topic, but the Perception of what is Money and what is Currency affects what and how much people spend. By using the term "COIN", we know that this means that can be two things: Currency, or Money. Currency is equivalent of paper, thus, the coin would not have any actual precious metals in it what so ever. Money does not lose its value over time, and is redeemable for precious metals. Since precious metals can not be "simply printed", or as several posts about what Zippy was saying using the word "only" implies "simple" the implication alters perception, which is Zippy's intended result, as well as those who prosper from the corrupt system.

Back to "COIN". Many of us know and understand the difference. Children of today will think "Coin" means things like Bitcoin. Topic, again, is Perception. Notice the clever use of their terms. Words like "Debit" and "Debt" are far too frequently misused, and intentionally repeated in order to alter perceptions and entirely alter belief systems. Those who are unaware associate Debt with Wealth, thus, "Debit Card" is used in place of ATM, because it affects the Subconscious in such a way to create the dissociative association with the term Debit. Same thing as "Coin". Bitcoin is not a coin. Its backed by nothing. However, like Gold, Bitcoin is given its value by its scarcity.

Zippy and others "simply" exploit the psychology of the way the human mind interprets its language.

Belief, Money, Violence
 
I miss the days when this "movement" was in favor of abolishing The Federal Reserve.

The Federal Reserve Bank AND the IRS. Both MUST be eliminated because both were created at the same time by design.

If Trump is truly a threat to the FED, they WILL make an assassination attempt on his life.
 
The Federal Reserve Bank AND the IRS. Both MUST be eliminated because both were created at the same time by design.

If Trump is truly a threat to the FED, they WILL make an assassination attempt on his life.

I think calling down all the globalist assassins for his withdrawal from Syria will be enough for one term.
 
I wish the founders had put an amendment in the constitution forbidding the government from borrowing money. That would have been a big stumbling block to a central bank.
 
I wish the founders had put an amendment in the constitution forbidding the government from borrowing money. That would have been a big stumbling block to a central bank.
You can "thank" Hamilton that they didn't.
He claimed that public debt was good and would be a restraint against excessive spending.
 
No, No, No: ‘It’s A Wonderful Life’ Isn’t Socialist, Okay?

In the Boston Herald, Michael Graham argues both that 'It's a Wonderful Life' is a bad film on a technical level and that its message is bad.
There seems to be a blooming holiday tradition in certain circles to attack “It’s a Wonderful Life.” This year we have Michael Graham in the Boston Herald taking up the ill-considered assault on Frank Capra’s masterpiece.

By David Breitenbeck
DECEMBER 28, 2018

Graham argues both that “It’s a Wonderful Life” is a bad film on a technical level and that its message is bad. His reason for saying it’s a bad film hinges on a claim that the plot makes no sense (“makes about as much sense as Alexandria Oscasio-Cortez explaining the defense budget” are Graham’s exact words) because Clarence didn’t simply tell George where his missing $8,000 went.

That’s his entire critique of the film from a technical perspective. The idea that the missing money is merely a catalyst for deeper matters amply established throughout the film, and that these issues of regret, self-loathing, and blindness might be considered more important to an angel sent from God, apparently didn’t occur to Graham. As we shall see, this is part and parcel of his whole perspective.

Having dismissed “It’s a Wonderful Life” on a technical level with a single ill-informed paragraph, he proceeds to tackle the film’s message. Graham’s position is that George’s life is “pretty awful” because he endures a lot of suffering, is unable to go to college or even on his honeymoon, and “his kids wear second-hand clothes and get sick from the cold…because George can’t afford nice things for his family.” Graham then claims the film’s vindication of George’s life “fails” because “his life still stinks. He’s not, in fact, rich or even financially secure…and on top of that, Potter gets to keep the eight grand!”

Thus, apparently, Graham’s definition of a good life is one in which we are “rich, or even financially secure,” able to do what we like, able to avoid suffering as much as possible, and perhaps one in which evil people are punished as well. He then rather absurdly goes on to claim that “It’s a Wonderful Life” represents socialist, New Deal-style economics, and that it was intended for “the workers at a Soviet collective circa 1949,” with the message “who cares that you have no shoes? Back to the factory for Mother Russia.”

Ironically, Graham’s view of the good life as defined primarily by material security and wellbeing is far closer to a socialist perspective than anything in the film. The foundational idea of Marxism is that the world is purely material, and therefore creating material security and equality for the most people is the highest good.

Judging by this op-ed, Graham would agree, but only dispute with a Marxist whether socialism or capitalism creates the most good for the most people. One thing with which a Marxist would never agree is that a man’s happiness is far more dependent on family, community, virtue, and so on than by his material well being.

This is a fundamental flaw in modern discourse for both conservatives and liberals: we focus so much on material issues, trying to work out a system that will make, as Graham says, “the best world for the most people,” that we don’t stop to ask what we mean by “the best world” or a “good life.” Both sides are making the exact same mistake even as they draw different conclusions: both accept the same basic philosophy, but disagree on its application.

Aristotle recognized this mistake 2,000 years ago, and so has every competent philosopher since. Yes, we need a certain baseline of material wellbeing to live, but that is not what makes a good life. A good life means living well— individual virtue, familial and communal harmony, meaningful occupation, and religious worship are the main points.

This harmonizes with Christianity, which added the elevation of self-sacrificial love as both the supreme individual virtue and a means to guard that material baseline of wellbeing and communal harmony. But a man doesn’t need to be rich or even “financially secure” (in truth such security is mostly illusionary anyway) in order to have a wonderful life.

This is traditional, Christian morality, and once upon a time it was this that was set in opposition to Marxism (as well as to the “Darwinist” form of capitalism espoused by Potter). This is the philosophy of “It’s a Wonderful Life,” and indeed of all Capra’s films. It’s also the philosophy that conservatives ought to be advocating. Our focus on economic and material matters obscures our fundamental philosophical dispute with leftism, and it is precisely on the point that immaterial matters are far more important to a man’s life than his material wellbeing or social status.

Something Graham and others who describe the film as “socialist” seem to miss is that the Building and Loan is not a government organization supporting people in idleness, but a business offering loans to working men funded by the voluntary support of their neighbors. Charity is not socialism, and I beg conservatives to stop parroting the socialist lie that it is.

The message of the film is that a “wonderful life” is one spent in service to others, sacrificing oneself to help those in need. This, as the film demonstrates, not only makes their lives better, but strengthens and sustains the entire community. Men who are able to live with dignity, raise families, and operate businesses in peace create a community in which it is good to live, which in turn improves everyone’s lives, producing “a good life for the most people.” One wonderful life creates more wonderful lives.

Pottersville, meanwhile, is an image of the world selfish greed creates. That’s not the same thing as the kind of entrepreneurship that leads George’s friend Sam to become a millionaire plastics manufacturer, or that supports the likes of Mr. Martini in his small restaurant. It’s one where people’s interactions with each other are purely commercial, or else laced with suspicion and hostility.

The point isn’t that wealth or business is bad. The point is that making it the chief occupation and guiding hand of life leads to a dark and joyless world, and that the proper way to counteract it is through love, charity, and self-sacrifice. The contrasting goal is not an ordered, planned society, but a community of people pursuing their own lives in freedom and choosing to help each other along out of friendship and compassion.

George Bailey is “the richest man in town” because he has an abundance of what really matters: a loving family, loyal friends, a happy and healthy community, and meaningful work. And he has all of that because he chose time and again to sacrifice his desires for others. That’s the opposite of a socialist message— it is a Christian one, and we ought to be proclaiming it.
http://thefederalist.com/2018/12/28...hristian/?utm_referrer=https://zen.yandex.com
 

In the Boston Herald, Michael Graham argues both that 'It's a Wonderful Life' is a bad film on a technical level and that its message is bad.

There seems to be a blooming holiday tradition in certain circles to attack “It’s a Wonderful Life.” This year we have Michael Graham in the Boston Herald taking up the ill-considered assault on Frank Capra’s masterpiece.

Well, that's the biggest bunch of shit I've read in a while- and I've certainly read a ton, lately. :speaknoevil:

A Wonderful Life is a masterpiece, both story-wise & technically. Some of the shots are amazing.
 
Last edited:
And Congress is not above claiming "coin" is a catchall phrase. Besides, even you will admit the people who drafted the Constitution didn't expect Congress to load the metal discs in the stamping dies personally.

Not that it matters. Wood, plastic and cardboard have all been coined. Literally. Look up mills.

And "money" today is key strokes on a computer- real money does not exist.
 
Back
Top