Showing 3 ideas for tag "money"
(@wolph0) kudos icon +

Legal & Policy Challenges

Nationalize the Federal Reserve

The Federal Reserve is a private corporation owned by a consortium of private banks. The owners are the infamous "international bankers" who have controlled western money for many centuries and who financed all sides of every war since the middle ages. Federal Reserve Notes ar enot really money, they are notes, debt instruments. The notes are loaned to the Unuited States at full face value plus interest. The interest... more »

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101 votes
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(@wolph0) kudos icon +

Legal & Policy Challenges

Regulate or Outlaw Derivates

Derivatives are not assets. Derivatives are pieces of paper on which is placed some ink that is adjusted into particular patterns. The adjusted ink is arranged so as to refer to some other thing, the supposed underlying asset, or worse, another derivative. All a derivative can do is refer to that other thing. It is not that other thing and cannot be traded for that other thing. Therefore, derivaties are not fungible,... more »

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48 votes
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(@sk8erguylv) kudos icon +

Uncategorized

Tax Payer Bailout

Send every American a one time check of $10,000
The average credit card holder is $8,000 in debt, people who had debt could pay it off and those who HAVE managed to stay out of debt would be rewarded. the extra cash would jump-start the market AND help save auto makers AND the banks(have to put your $10k somewhere)

it would only cost around $200,000,000,000 (2 hundred billion)

we bailed out the banks for 750 billion...... more »

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9 votes
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