The Money Masters

defaultdotxbe said:
but that doesnt mean they control the world, and while they may control a majority of the worlds wealth they dont control mine

BTW, you can pay a 150,000 home off in 5 years, just ensure you pay 2500 to the principle each month
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If you make 50,000 a year after taxes you are only bring in around $2,700 a month. After the property tax/interest you are left borrowing money to try to eat.
 
Now imagine that same situation where you aren't paying income tax or high interest. Suddenly you have 2,500 a month to live on (what you were previously living on and having to pay mortgage!) and you own a house in 5 years!
 
After the five years you are now bringing in almost 4,200 a month the equivalent of someone making almost twice your income and you have no mortgage to pay!

THAT....is freedom from slavery.
 
imstellar28 said:
If you make 50,000 a year after taxes you are only bring in around $2,700 a month. After the property tax/interest you are left borrowing money to try to eat.
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so this isnt about buying homes, now its about taxes then?

wheres thats goalpost moving picture.....
 
imstellar28 said:
Doesn't you inability to present solutions, then, mean you don't understand the problem as well?
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I don't agree that the "problem" brought up in this thread (that of a secret band of elites controls the world's money) is a real problem. I believe it's based on fantasy. If it's a real problem and not a fantasy, you should be able to show the mechanisms by which they exercise this control. And if you can understand these mechanisms, then you should be able to suggest solutions.
 
Gravy said:
I know lots of millionaires with houses. None paid cash.
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They don't need to but they do because they want more $$ so they invest it to make more $$ and more $$ and more $$ ad nauseum because thats what life is about more $$ (for most people) .
 
defaultdotxbe said:
so this isnt about buying homes, now its about taxes then?

wheres thats goalpost moving picture.....
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The original arguments are those stemming from the problems raised in money masters. People kept asking me for solutions and one of those was to rid us of the income tax (which eventually ends up in the bankers pockets). Bankers survive and profit because our economy revolves around debt.
 
imstellar28 said:
They don't need to but they do because they want more $$ so they invest it to make more $$ and more $$ and more $$ ad nauseum because thats what life is about more $$ (for most people) .
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No, life is about being free do to what you want. If you want to get a 30 mortgage and not pay any extra principle and use all your money to shop at the Gap, you are free to do so. If you want to work at Burger King, and rent a small apartment, you are free do so. If you want to become an investment banker and put all of your money into hedge funds, you are free to do so. If you want to live in a cardboard box and write manifestos denouncing consumerism, you are free to do so.

This is not slavery.
 
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If you want to live in a cardboard box and right manifestos denouncing consumerism, you are free to do so.
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and youll have no mortgage or income taxes either!
 
imstellar28 said:
The original arguments are those stemming from the problems raised in money masters.
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No, the original argument was about who are those "money masters".

People kept asking me for solutions and one of those was to rid us of the income tax (which eventually ends up in the bankers pockets). Bankers survive and profit because our economy revolves around debt.
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How is this going to resolve the global elite cabal problem, which seems to pan through multiple generations and nations, throughout the epochs.
 
Our national debt has been around 60 million until the after the civil war where it spiked to 1 billion around 1863. It remained constant at 1-2 billion until 3 years after 1913 when the federal reserve was created. Since then, our national debt has grown every year by exponential amounts to its current value of 9 trillion.

So from 1776-1913 the debt was constant, and then it rose exponentially from 2 billion to 9 trillion in 90 years....and you are trying to SUPPORT the federal reserve and income tax?
 
Our current system is completely f*cked and the fact that you are happy to live under it is mind boggling.
 
"There is no legitimate reason compelling a government of the people to borrow funds from private bankers to finance its operations. Once government begins to borrow from bankers, it becomes indebted to them. Government, which produces nothing except debt, is not capable of repaying borrowed funds; it must harness the labors of the people to generate the funds necessary to service its debts. In this manner, government has no incentive to be fiscally responsible; it spends and spends and places the burden of its reckless spending on the shoulders of the people. One must only review the history of U.S. public indebtedness to see the truth of our collective fiscal plight. The numbers below beg the questions: “Where will it end? At what point will the government have collateralized all the assets of the American people into foreclosure and who will our creditors hire to seize our combined properties?"
 
imstellar28 said:
Our national debt has been around 60 million until the after the civil war where it spiked to 1 billion around 1863. It remained constant at 1-2 billion until 3 years after 1913 when the federal reserve was created. Since then, our national debt has grown every year by exponential amounts to its current value of 9 trillion.

So from 1776-1913 the debt was constant, and then it rose exponentially from 2 billion to 9 trillion in 90 years....and you are trying to SUPPORT the federal reserve and income tax?
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The debt was not caused by the Fed or the income tax. It was caused by legislators who can't balance a budget.
 
imstellar28 said:
"There is no legitimate reason compelling a government of the people to borrow funds from private bankers to finance its operations. Once government begins to borrow from bankers, it becomes indebted to them. Government, which produces nothing except debt, is not capable of repaying borrowed funds; it must harness the labors of the people to generate the funds necessary to service its debts. In this manner, government has no incentive to be fiscally responsible; it spends and spends and places the burden of its reckless spending on the shoulders of the people. One must only review the history of U.S. public indebtedness to see the truth of our collective fiscal plight. The numbers below beg the questions: “Where will it end? At what point will the government have collateralized all the assets of the American people into foreclosure and who will our creditors hire to seize our combined properties?"
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The Fed is not private.
 
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