The last hope of the USA

[Easy_Rider]

Banks don't just speculate with savings, look up how money is created. The accepted assets to 'made up money' has been 1:10 for hundreds of years, the financial crises was caused because these boundaries were pushed so that the percentage hard assets of banks was much reduced making them vulnerable in the crises. Honestley once people understand where money comes from then any sympathy for banks and 'transaction' taxes will quickly be lost

 

[dyna-ti]

I think you're going to have a problem trying to vote for him from Belgium :shock:

 

[Bram J]

technodup,
1) they speculate and f*** up the economy, then there is crisis followed by government bailouts, then the people are heavily taxed, lose their jobs or other 'privileges', the people pay
2) other countries have many shitty laws, doesn't mean ours have to be shitty too, china has good growth but at what cost? we need laws that are of maximum benefit to the people, not the establishment and super-rich
3) taxation wouldn't be my idea either, if taxes are well thought out they can be helpfull, but our monetary system is fundamentally flawed, the only solution is central banks ran by democratic governments who can print interest-free money

Your posts make sense,
Thanks for your input.

 

[Bram J]

Good thing those banksters got some good friends in the government and media who convinced the public that it's a 'tax on London' or those poor speculants might have gotten a harder future.

I see. We are just the gullible dumbsters publics. Thank Godster you are there to educater us!

So basically the EU wants any country making a disproportionate amount from any industry to 'tear and share' a bit off for the rest?

What do we get, apart from a huge amount of Belgian Waffle?

Mind your tin foil hat on the bunker door as you go out.

Didn't mean to call anyone stupid. Don't understand the rest of your post, sorry, especially last sentence. And waffle joke? Seriously? :?

Banks don't just speculate with savings, look up how money is created. The accepted assets to 'made up money' has been 1:10 for hundreds of years, the financial crises was caused because these boundaries were pushed so that the percentage hard assets of banks was much reduced making them vulnerable in the crises. Honestley once people understand where money comes from then any sympathy for banks and 'transaction' taxes will quickly be lost

If this was directed at me, I'm aware of that. It's created out of thin air. What you're talking about is called fractional reserve banking. You seem informed.

I think you're going to have a problem trying to vote for him from Belgium

Yes, pity! I'd like a politician like that over here.

 

[shovelon]

Kudos to you Bram.

I am a huge Ron Paul fan, and of his son Rand Paul too. I used to think he was kind of a kook some 10 years ago but sure enough his beliefs have really come home to me and lot more my friends and acquaintances as well.

Now I am not so hot on his platform of legalizing all drugs, but pot is fine with me.

 

[Baron von Trumpen Bottom]

Blaming the banks is a great excuse for some governments to divert the blame away from them. The Greeks should never been allowed into the Euro for a start but vanity allowed it to happen. Our last labour government spunked billions away had light touch regulation on the city and bankrupted the UK never once have they put their hands up and admitted any fault. The best laugh is it was them who decided to put VAT up to 20% and when it went up demanded it be lowers to its original 17.5%. If we had mass graves full of political figures the world would be in a better place(IMHO)

 

[Dr S]

small goverment ,big people , safe future

Really? Have you been outside lately? Give more power to the people? Do you know that chavs breed at at a ratio of 6:1 compared to normal people? Within a decade we will be over run by idiots selling mobil ponces on eBay to prop up the ecconomy.
I suppose it will mean free 80" TVs, blue pop and fags for the under five though.

I don't know what the answer is, but giving more power to the track suit wearing leg draggers that walk past my garage every day ain't a good idea.

 

[Neil]

small goverment ,big people , safe future

Really? Have you been outside lately? Give more power to the people? Do you know that chavs breed at at a ratio of 6:1 compared to normal people? Within a decade we will be over run by idiots selling mobil ponces on eBay to prop up the ecconomy.
I suppose it will mean free 80" TVs, blue pop and fags for the under five though.

I don't know what the answer is, but giving more power to the track suit wearing leg draggers that walk past my garage every day ain't a good idea.

It's so flawed in context, anyways - would you truly trust most of those in politics, to behave altruistically, or, in a way most likely to grant them power?

I suppose it leads to an interesting puzzle - do those that aspire to power, corrupt it, or does it, once gained, corrupt them?

 

[technodup]

Honestley once people understand where money comes from then any sympathy for banks and 'transaction' taxes will quickly be lost

If that's directed at me 1) it's quite patronising and 2) it's wrong as well. As I alluded to above.

Of course I realise that the mess we're in is entirely the fault of bankers, and absolutely nothing to do with governments and consumers addicted to spending of credit they can't afford. Easy target though. It'll be interesting if the BoE change course and rates start rising, then we'll see some real pain from the "squeezed (bought too much on cheap credit) middle".

 

[Neil]

Honestley once people understand where money comes from then any sympathy for banks and 'transaction' taxes will quickly be lost

If that's directed at me 1) it's quite patronising and 2) it's wrong as well. As I alluded to above.

Of course I realise that the mess we're in is entirely the fault of bankers, and absolutely nothing to do with governments and consumers addicted to spending of credit they can't afford. Easy target though. It'll be interesting if the BoE change course and rates start rising, then we'll see some real pain from the "squeezed (bought too much on cheap credit) middle".

Um, isn't one of the things that banks are firmly regulated over, being irresponsible lending to people that can't truly afford it?

I could be wrong, but isn't that one of the very things that the FSA is supposed to regulate in the banking and financial sector?