Is all socialism bad?

[Tone]

This logic condones slavery.

No, you are advocating and defending slavery by being uninformed and immature in support of coercive collectivism. You do not understand what a constitutional republic is and how it works and are a very uninformed person who needs to get educated.

[Summa]

No, you are advocating and defending slavery by being uninformed and immature in support of coercive collectivism. You do not understand what a constitutional republic is and how it works and are a very uninformed person who needs to get educated.

You're right, I am not about to graduate with a degree centered on the study of law and education or anything...not at all!

Please quote where I am defending slavery. You're saying "you're born where you're born and only the best rise out of it" social darwinism/machiavelli/nietzsche mixture you got going there. I am saying "oh look, you're born as a slave? oh let's correct that for you so that you have a similar starting point as everyone else; then you're on your own".

But you're totally right. I am uneducated and an alien spy sent to this world to propagate the interests of big government and the galactic status quo, so that the common citizen cannot be exposed to truth.

[Supreme]

We're on to you, Summa, hahaha

[Vatican Assassin]

Even though I hate responding to a zero creditability conspiracy-centric moron, I hate it even more when people post misleading information and/or opinion as fact.
First, the national debt is not managed or controlled by the Federal Reserve. It is managed by the Treasury Department (actually it is the Bureau of the Public Debt which is under the Treasury Department). Second, most people put the percentage of income tax that goes towards the national debt is between 1/10% and 3%, depending on how it is measured. Bottom line, the bottom line doesn’t even come close to supporting this kind of stupidity unless you are willing to throw reasonable thinking out the door and buy into a pure conspiracy theory of a massive government cover-up that spreads across a few hundred of thousands of people (guess that isn’t a stretch for a person who is drinking purple KoolAid in his tinfoil hat while waiting for the aliens to land).
These are public numbers that are easily confirmed and it is simple math. For example, in 2006 the revenue from income taxes was $1.04T while the Federal Reserve reported about $36B in interest, $30B of which the Fed Reserve gave back to the Treasury, netting a total of $6B.

Tone has simply bought into and is parroting a 1990’s conspiracy theory that was first stated in a Money Masters documentary. This documentary cites The Grace Commission report and epitomizes how to lie with numbers.
“Resistance to additional income taxes would be even more widespread if people were aware that:
One-third of all their taxes is consumed by waste and inefficiency in the Federal Government as we identified in our survey.
Another one-third of all their taxes escapes collection from others as the underground economy blossoms in direct proportion to tax increases and places even more pressure on law abiding taxpayers, promoting still more underground economy-a vicious cycle that must be broken.
With two-thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is collected is absorbed solely by interest on the Federal debt and by Federal Government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services which taxpayers expect from their Government.”

So according to Tones position, if you completely ignore what this panel calls “waste and inefficiency” as well as “Federal Government contributions to transfer payments” AND the fact that they completely omit corporate taxes and only consider individual income taxes, THEN you can come closer to saying that 100% of your income taxes goes to pay the interest.

Best approach, believe nothing that Tone states. Not only has he proven himself as not having any creditability (i.e. his now infamous post that he would never post again if the aliens didn’t land on earth by the end of the year but he continues to post misinformation and half-truths that only half-wits would believe. IMO, even the entertainment value his posts greatly dropped, becoming stale, predictable and boring.
eph

Eph is right about interest, we only have to pay 1% - 3% of our earned wealth to private banks who we have given the right to create money and loan to our treasury with interest. The crazy thing is that the federal reserve is composed of private banks and bankers who are self-elected and not accountable or even known by outsiders. This means that in the banking collapse of 2008, private bankers decided who got bailed out and which banks were allowed to fail. The bailed-out banks, the huge banks that did all the damage to the economy with credit default swaps, toxic assets and derivatives, used their bail-out money to buy the smaller banks which were allowed to fail. I do not believe this is disputable, and I find it hard to understand how we can all be comfortable with this conflict of interest. The problems of having a central bank have been discussed throughout our nation's history, and Jefferson and lincoln understood how important it is to not allow private banks to control monetary policy, and these quotes should really help to see why we are in such bad shape:

Thomas Jefferson wrote: "If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Abraham Lincoln: "The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."

Woodrow Wilson was the president who signed the federal reserve act and established the federal reserve in 1913, and this is what he said in his farewell address in 1916. It just could not be any more clear:

"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world. No longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."

[Money]

http://www.worldstarhiphop.com/video...11wUySpbME7115

[Tone]

NO NO NO. You do not understand that the private federal reserve prints and loans money for the US Government's budget upon request as the nation's credit card, and that income tax is the nations credit card minimum payment plan.

When it is said that income tax goes to something other than paying the fed, thats because the fed gives to the government to run its budget - thats where they are getting that from, but 100% of the income tax is the nations credit card payment and the USA is a registered cooperation owned by the British crown and Vatican.

The printing and borrowing has the same result as taxation and is on top of (in addition to) taxation. Taxation drains money, but then borrowing and printing devalues the currency which decreases the purchasing power of the people.

Its not simply that taxation rises over time, but purchasing power decreases faster than wages rise.

A fiat currency is a currency that is not backed by anything and has value because the government says so and people believe it. Because it is not backed by gold, it is able to be printed out of control for a government to live beyond its means.

A hard backed currency is a currency backed by silver & gold. it has value because people believe these elements are money. It is not able to be printed out of control for a government to live beyond its means.

Central government involvement in things beyond its means ruins those things. Consider that socialized medicine increases the price of medicine and will go bankrupt anyway in a currency and economic collapse, which will then kill tens of thousands.

This is why, if anything, the people must stand for freedom and only Social Security & Public Assistances should be kept until it can be figured out what the alternative is. Considering that Underground bases cost 40 trillion and the 180 overseas bases and non-defense militarism & wars cost trillions & there are thousands of wasteful domestic government programs, buildings and employees - those eliminated, it would be rather easy to keep public assistance & SS and still have lower taxation + libertarianism. The Alternative is collapse & doom

I can imagine big government collectivist getting mad and snapping and yelling in rage after the collapse worsens and anyone tells them I told you so. They would also probably give some twisted excuse to take the blame off big government collectivism.

[Jerome Scuggs]

god i hate adderal ive been lurking for 30mins and typed up like 4 different essays and none of them are for my research paper

[Tone]