• What?

    What do debt collectors do when the debtor refuses to pay?

    Joe

  • Have you read Equitable Commerce?

    Equitable Commerce:
    http://pzacad.pitzer.edu/Anarchist_Archives/bright/warren/eq...

    How about any work by Benjamin Tucker such as:

    http://praxeology.net/BT-SSA.htm

    Quote:___________________
    First in the importance of its evil influence they considered the money monopoly, which consists of the privilege given by the government to certain individuals, or to individuals holding certain kinds of property, of issuing the circulating medium, a privilege which is now enforced in this country by a national tax of ten per cent., upon all other persons who attempt to furnish a circulating medium, and by State laws making it a criminal offense to issue notes as currency. It is claimed that the holders of this privilege control the rate of interest, the rate of rent of houses and buildings, and the prices of goods, – the first directly, and the second and third indirectly. For, say Proudhon and Warren, if the business of banking were made free to all, more and more persons would enter into it until the competition should become sharp enough to reduce the price of lending money to the labor cost, which statistics show to be less than three-fourths of once per cent. In that case the thousands of people who are now deterred from going into business by the ruinously high rates which they must pay for capital with which to start and carry on business will find their difficulties removed. If they have property which they do not desire to convert into money by sale, a bank will take it as collateral for a loan of a certain proportion of its market value at less than one per cent. discount. If they have no property, but are industrious, honest, and capable, they will generally be able to get their individual notes endorsed by a sufficient number of known and solvent parties; and on such business paper they will be able to get a loan at a bank on similarly favorable terms. Thus interest will fall at a blow. The banks will really not be lending capital at all, but will be doing business on the capital of their customers, the business consisting in an exchange of the known and widely available credits of the banks for the unknown and unavailable, but equality good, credits of the customers and a charge therefor of less than one per cent., not as interest for the use of capital, but as pay for the labor of running the banks. This facility of acquiring capital will give an unheard of impetus to business, and consequently create an unprecedented demand for labor, – a demand which will always be in excess of the supply, directly to the contrary of the present condition of the labor market. Then will be seen an exemplification of the words of Richard Cobden that, when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise. Labor will then be in a position to dictate its wages, and will thus secure its natural wage, its entire product. Thus the same blow that strikes interest down will send wages up. But this is not all. Down will go profits also. For merchants, instead of buying at high prices on credit, will borrow money of the banks at less than one per cent., buy at low prices for cash, and correspondingly reduce the prices of their goods to their customers. And with the rest will go house-rent. For no one who can borrow capital at one per cent. with which to build a house of his own will consent to pay rent to a landlord at a higher rate than that. Such is the vast claim made by Proudhon and Warren as to the results of the simple abolition of the money monopoly.
    ______________________________________________

    The lack of competition does not necessarily mean that there is no demand for accurate money.

    Joe

  • Slight corrections offered.

    "America was founded upon the principles of Natural Law. The Progressives led us into the realms of Legal Positivism."

    Should read:

    American was founded on the principles of Natural Law as demonstrated and exemplified between the years 1776 and 1787. The criminals began perpetrating the crime of treason against Natural Law in 1787 and they called themselves The Federalist Party then, so if the name used by the criminals who keep the crime of treason going in America now call themselves The Progressive Party, then that makes sense because the old false fronts have to make way for the new false fronts as the old ones lose their power to deceive the current crop of targeted victims well enough to get the job done efficiently.

    Joe

  • The root

    Here:
    http://www.amazon.com/Reclaiming-American-Revolution-Kentuck...

    Quote:________________________________
    But Hamilton wanted to go farther than debt assumption. He believed a funded national debt would assist in establishing public credit. By funding national debt, Hamilton envisioned the Congress setting aside a portion of tax revenues to pay each year's interest without an annual appropriation. Redemption of the principal would be left to the government's discretion. At the time Hamilton gave his Report on Public Credit, the national debt was $80 million. Though such a large figure shocked many Republicans who saw debt as a menace to be avoided, Hamilton perceived debt's benefits. "In countries in which the national debt is properly funded, and the object of established confidence," explained Hamilton, "it assumes most of the purposes of money." Federal stock would be issued in exchange for state and national debt certificates, with interest on the stock running about 4.5 percent. To Republicans the debt proposals were heresy. The farmers and planters of the South, who were predominantly Republican, owed enormous sums to British creditors and thus had firsthand knowledge of the misery wrought by debt. Debt, as Hamilton himself noted, must be paid or credit is ruined. High levels of taxation, Republicans prognosticated, would be necessary just to pay the interest on the perpetual debt. Believing that this tax burden would fall on the yeoman farmers and eventually rise to European levels, Republicans opposed Hamilton's debt program.

    To help pay the interest on the debt, Hamilton convinced the Congress to pass an excise on whiskey. In Federalist N. 12, Hamilton noted that because "[t]he genius of the people will ill brook the inquisitive and peremptory spirit of excise law," such taxes would be little used by the national government. In power, the Secretary of the Treasury soon changed his mind and the tax on the production of whiskey rankled Americans living on the frontier. Cash was scarce in the West and the Frontiersmen used whiskey as an item of barter.
    ___________________________________________

    Give me absolute power so as to protect you and I won't abuse it to the point of destroying everything of value as soon as possible.

    Here too:
    http://www.archives.gov/exhibits/charters/constitution_amend...

    Section 4.
    The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

    Joe

  • Not ONE

    There is no such thing as Founding Fathers. There were Federalists who created a Federal Compact in defense of the Criminals who were called The British at that time.

    The Patriots were the Federalists, and they were against the Tories who were the Criminal British.

    They wrote things like this:
    http://www.nationalcenter.org/SamuelAdams1776.html

    "From the day on which an accommodation takes place between England and America, on any other terms than as independent States, I shall date the ruin of this country. a politic minister will study to lull us into security by granting us the full extent of our petitions. The warm sunshine of influence would melt down the virtue which the violence of the storm rendered more firm and unyielding. In a state of tranquillity, wealth, and luxury, our descendants would forget the arts of war and the noble activity and zeal which made their ancestors invincible. Every art of corruption would be employed to loosen the bond of union which renders our resistance formidable. When the spirit of liberty, which now animates our hearts and gives success to our arms, is extinct, our numbers will accelerate our ruin and render us easier victims to tyranny. Ye abandoned minions of an infatuated ministry, if peradventure any should yet remain among us, remember that a Warren and Montgomery are numbered among the dead. Contemplate the mangled bodies of your countrymen, and then say, What should be the reward of such sacrifices? Bid us and our posterity bow the knee, supplicate the friendship, and plow, and sow, and reap, to glut the avarice of the men who have let loose on us the dogs of war to riot in our blood and hunt us from the face of the earth? If ye love wealth better than liberty, the tranquillity of servitude than the animating contest of freedom--go from us in peace. We ask not your counsels or arms. Crouch down and lick the hands which feed you. May your chains sit lightly upon you, and may posterity forget that ye were our countrymen!"

    That is an answer to the question.

    That Patriot then turned his coat to the other side, the Tory side, after the war, after the criminal Tories with their Red Coats ran out of stolen loot to prosecute the criminal war of aggression, that man named Samuel Adams joined the covert war to recapture the people of America and enslave them under the same color of law, which required a FALSE version of Federalism.

    That is explained in the following Lecture:
    http://www.youtube.com/watch?v=0QSwmvMr9cY

    Now you have two explanations concerning the topic questions and neither can be explained in less than 30 minutes to someone infected with the idea that the Founding Fathers were one thing, or one Monopoly Group, or one like minded entity of ONE.

    The Founding Fathers, so called, were formed up as false Federalists, calling themselves the Federalist Party, who were loyalists loyal to the British Crime Cabal based upon the color of law, or what can be called fraudulent extortion. They were Monarchists, or Nationalists, or just plain old liars and criminals.

    The false Federalists included Sam Adams, George Washington, Alexander Hamilton, and John Adams, to name a few.

    On the other side, on the side of rule of law, were the actual, true, Federalists who were called Anti-Federalists by the false Federalist Party as the False Federalist Party members worked to cover up the true Federal union (Articles of Confederation) with a counterfeit version and to do so they fraudulently assembled the Continental Congress, under false pretenses, claiming to amend the existing federal compact, and instead they struck a deal known as The Dirty Compromise, which virtually assured a Civil War, as they made extortion legal in the form of unlimited direct tax power commanded by a military dictatorship, they made African Slave Trade a Nation Wide "legal" institution, as they fraudulently set aside trial by jury, common law, and instituted a Consolidated Nation State Monopoly of Crime in place of the working Federation.

    They, the false Federalist Party, immediately went to work with the so called Judiciary Act, the Naturalization Act, the excise tax on whiskey, the First Bank of the United States, the Whiskey Rebellion Proclamation, the assembly of a conscripted National Army the size of the army commanded by the Military Dictator Washington used in the Revolutionary War against the Loyalists, now a conscripted army used to crush a Rebellion in a formerly sovereign State called Pennsylvania.

    The true founders, like Richard Henry Lee, Luther Martin, Robert Yates, Patrick Henry, and George Mason explained what was happening when it was happening and what would happen when the criminals got busy with their newly created power to tax and spend the earning people into slavery.

    So...no, the question presumes that the Founders were one Monopoly Power, and that is the root of the lie. That root lie ignores the true founders intent to defend the innocent from the guilty criminals who call themselves any name that will hide their true criminal colors.

    Joe

  • Follow the money

    Investors pay into the FUND their portion of the stolen loot so as to hire the best liars to keep the something for nothing lie going one more day.

    Take that to the fraudulent extortion counterfeit bank and smoke it.

    Joe

  • A competitive reply was offered in words worth quoting.

    http://www.patrickhenrycenter.com/Speeches.aspx

    "Mr. President it is natural to man to indulge in the illusions of hope. We are apt to shut our eyes against a painful truth - and listen to the song of the siren till she transforms us into beasts. Is this the part of wise men engaged in a great and arduous struggle for liberty? Are we disposed to be of the number of those who, having eyes, see not, and having ears, hear not, the things which so nearly concern their temporal salvation? For my part, whatever anguish of spirit it may cost, I am willing to know the whole truth; to know the worst and to provide for it."

    Providing a few ready remedies along with the bad news balances things out well enough in my view.

    http://www.dailypaul.com/321976/liberty-day-challenge-july-4...

    Joe

  • Time: 1:02

    The author of the book Blackwater:
    http://www.amazon.com/Blackwater-Mercenary-Army-PM-Audio/dp/...

    http://www.amazon.com/Blackwater-Powerful-Mercenary-Revised-...

    Yes, that book, the author of that book pegs the inquisitor's game at Time 1:02, states that observation as a felling, the inquisitor twists the offer of words offered by the author of the book Blackwater, the target of the inquisitor restates the actual words offered, not the twisted words twisted by the inquisitor, and at that point the game is up.

    The inquisitors trap was sprung on the inquisitor who deceitfully set the trap.

    Another fine example added to the pile of falsehoods.

    Time: 2:52

    "It sounds like you are describing U.S. Military policy."

    The author of Blackwater has definitely got this inquisitors game called out.

    Time: 5:08

    The inquisitor twists again, and at that time the author of Blackwater chuckles. Voluntary investment in offering education (not to be twisted into indoctrination?) is what was offered, and then twisted was the involuntary forced transfer of purchasing power.

    Time: 6:05

    The game can be called question begging, or simply fraud.

    Time: 6:18

    "I think we are running in a circle here..."

    Then:

    "No...I was talking about..."

    The twisting of words (now as libel) was called out by the author of Blackwater who also offers other services:

    http://www.democracynow.org/appearances/jeremy_scahill

    http://www.prisonplanet.com/jeremy-scahill-calls-alex-jones-...

    http://www.prisonplanet.com/jeremy-scahill-takes-down-msnbc-...

    Right or wrong the man calls a spade a spade.

    The inquisitor, on the other hand, twists.

    Time: 6:41

    Jeremy is visibly humored by this circle jerk.

    Stranger than fiction?

    Joe

  • How do you find lawful answers?

    Here is a start:
    https://supreme.justia.com/cases/federal/us/1/236/

    "It is a matter well known, and well understood, that by the laws of our country, every question which affects a man's life, reputation, or property, must be tried by twelve of his peers; and that their unanimous verdict is, alone, competent to determine the fact in issue."

    First Question:
    1) Is it insubordination for someone in the military to disobey an unlawful order?

    3 possible sources for competitive answers:

    A.
    http://law2.umkc.edu/faculty/projects/ftrials/mylai/myl_intr...

    Quote:______________________
    An army helicopter piloted by Chief Warrant Officer Hugh Thompson arrived in the My Lai vicinity about 9 a.m. Thompson noticed dead and dying civilians all over the village. Thompson repeatedly saw young boys and girls being shot at point-blank range. Thompson, furious at what he saw, reported the wanton killings to brigade headquarters[THOMPSON'S STORY].

    Meanwhile, the rampage below continued. Calley was at the drainage ditch on the eastern edge of the village, where about seventy to eighty old men, women, and children not killed on the spot had been brought. Calley ordered the dozen or so platoon members there to push the people into the ditch, and three or four GIs did. Calley ordered his men to shoot into the ditch. Some refused, others obeyed. One who followed Calley's order was Paul Meadlo, who estimated that he killed about twenty-five civilians. (Later Meadlo was seen, head in hands, crying.) Calley joined in the massacre. At one point, a two-year-old child who somehow survived the gunfire began running towards the hamlet. Calley grabbed the child, threw him back in the ditch, then shot him.

    Hugh Thompson, by now almost frantic, saw bodies in the ditch, including a few people who were still alive. He landed his helicopter and told Calley to hold his men there while he evacuated the civilians. (One account reports Thompson told his helicopter crew chief to "open up on the Americans" if they fired at the civilians, but Thompson later said he did not remember having done so.) He put himself between Calley's men and the Vietnamese. When a rescue helicopter landed, Thompson had the nine civilians, including five children, flown to the nearest army hospital. Later, Thompson was to land again and rescue a baby still clinging to her dead mother.
    _________________________________________

    B.
    http://usmilitary.about.com/cs/militarylaw1/a/obeyingorders.htm

    "These articles require the obedience of LAWFUL orders. An order which is unlawful not only does not need to be obeyed, but obeying such an order can result in criminal prosecution of the one who obeys it. Military courts have long held that military members are accountable for their actions even while following orders -- if the order was illegal."

    C.
    http://www.americanantiquarian.org/proceedings/44539282.pdf

    Starting at page 156:

    "It is the Duty as well as peculiar previlege of us Who live in these Latter Days, to profit by the Experience of former ages."

    Accurate answers may require some effort in knowing them.

    As to the other questions it may help to listen to the following:

    http://www.youtube.com/watch?v=0QSwmvMr9cY

    Also:

    http://www.youtube.com/watch?v=_-WMHV9A80g

    Joe

  • Straw Man

    Who places a name on their man of straw, and why do they do it?

    Joe

  • The point.

    Voluntary association works the way voluntary association works.

    Involuntary association works the way involuntary association works.

    If it is a free market then it isn't involuntary association.

    If liars, robbers, torturers, kidnappers, child sex human traffickers, murderers, and mass murderers are calling their fraud notes money, and calling their extortion payments "interest," then that is all part of crime, or involuntary association, and that has nothing to do with how an interest rate in a voluntary association will level out at the current rate of interest.

    "...if the business of banking were made free to all, more and more persons would enter into it until the competition should become sharp enough to reduce the price of lending money to the labor cost, which statistics show to be less than three-fourths of once per cent."

    If you have a source of information that offers a rough (or fine) estimate of free market interest rates, then please offer it.

    If you argue about something, then finding someone to argue with you does not include me.

    The information is offered to you. What you do with it is up to you.

    1.

    "First in the importance of its evil influence they considered the money monopoly, which consists of the privilege given by the government to certain individuals, or to individuals holding certain kinds of property, of issuing the circulating medium, a privilege which is now enforced in this country by a national tax of ten per cent., upon all other persons who attempt to furnish a circulating medium, and by State laws making it a criminal offense to issue notes as currency. It is claimed that the holders of this privilege control the rate of interest, the rate of rent of houses and buildings, and the prices of goods, – the first directly, and the second and third indirectly. For, say Proudhon and Warren, if the business of banking were made free to all, more and more persons would enter into it until the competition should become sharp enough to reduce the price of lending money to the labor cost, which statistics show to be less than three-fourths of once per cent. In that case the thousands of people who are now deterred from going into business by the ruinously high rates which they must pay for capital with which to start and carry on business will find their difficulties removed. If they have property which they do not desire to convert into money by sale, a bank will take it as collateral for a loan of a certain proportion of its market value at less than one per cent. discount. If they have no property, but are industrious, honest, and capable, they will generally be able to get their individual notes endorsed by a sufficient number of known and solvent parties; and on such business paper they will be able to get a loan at a bank on similarly favorable terms. Thus interest will fall at a blow. The banks will really not be lending capital at all, but will be doing business on the capital of their customers, the business consisting in an exchange of the known and widely available credits of the banks for the unknown and unavailable, but equality good, credits of the customers and a charge therefor of less than one per cent., not as interest for the use of capital, but as pay for the labor of running the banks. This facility of acquiring capital will give an unheard of impetus to business, and consequently create an unprecedented demand for labor, – a demand which will always be in excess of the supply, directly to the contrary of the present condition of the labor market. Then will be seen an exemplification of the words of Richard Cobden that, when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise. Labor will then be in a position to dictate its wages, and will thus secure its natural wage, its entire product. Thus the same blow that strikes interest down will send wages up. But this is not all. Down will go profits also. For merchants, instead of buying at high prices on credit, will borrow money of the banks at less than one per cent., buy at low prices for cash, and correspondingly reduce the prices of their goods to their customers. And with the rest will go house-rent. For no one who can borrow capital at one per cent. with which to build a house of his own will consent to pay rent to a landlord at a higher rate than that. Such is the vast claim made by Proudhon and Warren as to the results of the simple abolition of the money monopoly."

    AND:

    2.

    "Bills of exchange, bank checks, and negotiable paper of all sorts add just so much to the body of the currency; and this issue is unlimited by law, and unlimited in fact, except by the exigencies of trade. They are just as really currency as the specie dollar, the greenback, or the bank bill. A field which has no fence up one of its sides is not fenced in, no matter how high and strong its fences may be on the other sides. So, the volume of currency is not, in any true sense, limited by prohibitions of free banking, by a return to specie basis, or by any other means, so long as negotiable paper can be freely issued by individuals; and this free issue of negotiable paper is too useful, and too well entrenched in necessity, ever hereafter to be interfered with. Commerce can be hindered and trammeled to some extent—by statute arrangements claiming to regulate the currency, whether by restrictive measures, or by flooding the community with over-issues; but the volume of the currency can no longer be adjusted by such means."

    3.

    Quote:___________________________________
    WHAT IS THE SOLUTION?

    In theory, there are two possible solutions, neither of which has any possibility of being implemented in my lifetime or yours.

    One solution is free banking. This was Ludwig von Mises' suggestion. There would be no bank regulation, no central bank monopolies, no bank licensing, and no legal barriers to entry. Let the most efficient banks win! In other words, the solution is a free market in money.

    Another solution is 100% reserve banking. Banks would not be allowed to issue more receipts for gold or silver than they have on deposit. Anything else is fraud. There would be regulation and supervision to make sure deposits matched loans. This was Murray Rothbard's solution. The question is: Regulation by whom? With what authority?

    There would be no government-issued money. There would be no government mint. There would be no legal tender laws. There would be no barriers to entry into coin production.

    There would also be no free services. There is no such thing as a free lunch.

    Anything other than free banking or 100% reserve banking is a pseudo-gold standard or silver standard. It is just one more invitation to confiscation.

    There is no organized movement today to establish either free banking or 100% reserve banking. There has never been a movement to impose 100% reserve banking. It has been well over a century since a handful of economists and pamphlet writers recommended free banking.

    Anyone who tells you that it would be easy to switch over to a gold standard has either no understanding of the politics of money and banking or else has been smoking some funny-smelling leaves.

    To switch by official decree to a non-governmental banking system would require the wholehearted co-operation of central bankers, commercial bankers, politicians, academic economists, and political parties, all of which have a vested interest in controlling the money supply at the expense of the public. They fear above all the depositors' ability to bring down the entire international cartel through bank runs.

    These bank runs would create massive deflation, international depression, and the collapse of the division of labor.
    _________________________________________________________________

    The point is that you can smoke the leaves. A whole group of people can spoke the leaves.

    Another group can smoke the flowers.

    If one group finds their leaf smoking to be way too expensive, and of little or no benefit over time, then individuals in that group may voluntarily start smoking the flowers.

    Currency, or money, or a means by which people trust each other, instead of people making every single exchange a ritual in competition with ransom exchanges made between kidnapers and drug dealers, then that accurate medium of exchange that facilitates trust, and facilitates low costs of accurate accounting, also facilitates division of labor, specialization, and economies of scale.

    Instead of a world of deceiving criminals infecting each other with a mind set that sets each individual at each other individual throat, or rat race, racing to the bottom, instead of that direction going that way, instead there is a voluntary sum total of choices made by free people which force suppliers to supply higher and higher quality goods at lower and lower prices.

    Currency can involve negative interest paid to those who demand currency and paid by those who supply currency to meet that demand.

    Joe

  • My take.

    My observation is that the money is not money, and it is not easy for those who are ordered to pay the extortion fee.

    The criminals always offer a lie and the lie is "something for nothing," and the costs are always paid for by the victims.

    Actual money interest in a competitive free market is driven down to cost by market forces as explained by Benjamin Tucker in the information offered earlier in this exchange between use two.

    None of the so called Austrians I have meet, and spoken to, have answered this question at all, never mind answering accurately. All of them, as far as my experience goes, claim that gold is money. They even call themselves Gold Bugs.

    Here is an accurate answer offered to Gold Bugs:
    http://babel.hathitrust.org/cgi/pt?id=miua.2916966.0001.001;...

    Quote:____________________________
    Bills of exchange, bank checks, and negotiable paper of all sorts add just so much to the body of the currency; and this issue is unlimited by law, and unlimited in fact, except by the exigencies of trade. They are just as really currency as the specie dollar, the greenback, or the bank bill. A field which has no fence up one of its sides is not fenced in, no matter how high and strong its fences may be on the other sides. So, the volume of currency is not, in any true sense, limited by prohibitions of free banking, by a return to specie basis, or by any other means, so long as negotiable paper can be freely issued by individuals; and this free issue of negotiable paper is too useful, and too well entrenched in necessity, ever hereafter to be interfered with. Commerce can be hindered and trammeled to some extent—by statute arrangements claiming to regulate the currency, whether by restrictive measures, or by flooding the community with over-issues; but the volume of the currency can no longer be adjusted by such means.
    _____________________________________________________________

    The most accurate explanation I've read from one of the Gold Bugs is the following from Gary North:

    http://archive.lewrockwell.com/north/north512.html

    Quote:____________________________
    WHAT IS THE SOLUTION?

    In theory, there are two possible solutions, neither of which has any possibility of being implemented in my lifetime or yours.

    One solution is free banking. This was Ludwig von Mises' suggestion. There would be no bank regulation, no central bank monopolies, no bank licensing, and no legal barriers to entry. Let the most efficient banks win! In other words, the solution is a free market in money.

    Another solution is 100% reserve banking. Banks would not be allowed to issue more receipts for gold or silver than they have on deposit. Anything else is fraud. There would be regulation and supervision to make sure deposits matched loans. This was Murray Rothbard's solution. The question is: Regulation by whom? With what authority?

    There would be no government-issued money. There would be no government mint. There would be no legal tender laws. There would be no barriers to entry into coin production.

    There would also be no free services. There is no such thing as a free lunch.

    Anything other than free banking or 100% reserve banking is a pseudo-gold standard or silver standard. It is just one more invitation to confiscation.

    There is no organized movement today to establish either free banking or 100% reserve banking. There has never been a movement to impose 100% reserve banking. It has been well over a century since a handful of economists and pamphlet writers recommended free banking.

    Anyone who tells you that it would be easy to switch over to a gold standard has either no understanding of the politics of money and banking or else has been smoking some funny-smelling leaves.

    To switch by official decree to a non-governmental banking system would require the wholehearted co-operation of central bankers, commercial bankers, politicians, academic economists, and political parties, all of which have a vested interest in controlling the money supply at the expense of the public. They fear above all the depositors' ability to bring down the entire international cartel through bank runs.

    These bank runs would create massive deflation, international depression, and the collapse of the division of labor.
    _____________________________________

    Even among the Austrian Economists there is an obvious division.

    Did you know that gold is a costly money, and therefore the interest on Gold is negative?

    Joe

  • So...

    Is "it" an interest rate or a crime in progress?

    I'd like to know your viewpoint, please.

    Joe

  • It is false.

    A claim that "it" is an interest rate is false.

    That is a demonstrable fact.

    "It" is a crime in progress, and the evidence of the crime in progress is so called Federal Reserve Notes.

    Claiming that the existing interest rate has anything at all to do with free market interest rates is like claiming that war is peace.

    Joe

  • Trial by Jury

    http://www.barefootsworld.net/trial01.html

    Note:
    http://www.nationallibertyalliance.org/comment/2640#comment-...

    Edit: I would also like to see the article written by the OP (scanned and posted if possible), or: I misunderstood the request for that Article, but now I see the light.

    Joe

  • Currency or Money?

    Money is a form of currency.

    Language is a form of currency.

    "...how low central bank interest rates drive up commodity prices which leads to more starvation in 3rd-world countries..."

    I stopped reading there, as that is an obvious false statement, and so I see a better path in discussion, which is a two way exchange of currency (language), instead of one way (dictatorial) communication.

    The currency that some people call "central bank notes," are pieces of inculpatory evidence proving a crime in progress, so why call those pieces of inculpatory evidence "central bank notes"?

    Why call the transfers of purchasing power "central bank interest rates," when the transfers of purchasing power are further pieces of evidence proving a crime in progress?

    Here in the following words are meanings, ideas, and actions expressed in words that explain the crime in progress, so as not to leave people in the dark exchanging fraudulent meanings, ideas, and actions.

    Quote:__________________
    First in the importance of its evil influence they considered the money monopoly, which consists of the privilege given by the government to certain individuals, or to individuals holding certain kinds of property, of issuing the circulating medium, a privilege which is now enforced in this country by a national tax of ten per cent., upon all other persons who attempt to furnish a circulating medium, and by State laws making it a criminal offense to issue notes as currency. It is claimed that the holders of this privilege control the rate of interest, the rate of rent of houses and buildings, and the prices of goods, – the first directly, and the second and third indirectly. For, say Proudhon and Warren, if the business of banking were made free to all, more and more persons would enter into it until the competition should become sharp enough to reduce the price of lending money to the labor cost, which statistics show to be less than three-fourths of once per cent. In that case the thousands of people who are now deterred from going into business by the ruinously high rates which they must pay for capital with which to start and carry on business will find their difficulties removed. If they have property which they do not desire to convert into money by sale, a bank will take it as collateral for a loan of a certain proportion of its market value at less than one per cent. discount. If they have no property, but are industrious, honest, and capable, they will generally be able to get their individual notes endorsed by a sufficient number of known and solvent parties; and on such business paper they will be able to get a loan at a bank on similarly favorable terms. Thus interest will fall at a blow. The banks will really not be lending capital at all, but will be doing business on the capital of their customers, the business consisting in an exchange of the known and widely available credits of the banks for the unknown and unavailable, but equality good, credits of the customers and a charge therefor of less than one per cent., not as interest for the use of capital, but as pay for the labor of running the banks. This facility of acquiring capital will give an unheard of impetus to business, and consequently create an unprecedented demand for labor, – a demand which will always be in excess of the supply, directly to the contrary of the present condition of the labor market. Then will be seen an exemplification of the words of Richard Cobden that, when two laborers are after one employer, wages fall, but when two employers are after one laborer, wages rise. Labor will then be in a position to dictate its wages, and will thus secure its natural wage, its entire product. Thus the same blow that strikes interest down will send wages up. But this is not all. Down will go profits also. For merchants, instead of buying at high prices on credit, will borrow money of the banks at less than one per cent., buy at low prices for cash, and correspondingly reduce the prices of their goods to their customers. And with the rest will go house-rent. For no one who can borrow capital at one per cent. with which to build a house of his own will consent to pay rent to a landlord at a higher rate than that. Such is the vast claim made by Proudhon and Warren as to the results of the simple abolition of the money monopoly.
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    Source:
    http://praxeology.net/BT-SSA.htm

    Truly free (free market) interest rates cover the costs of the competitors seeking to gain market share in offering free banking services.

    What is an accurate interest rate?

    "...how low central bank interest rates drive up commodity prices which leads to more starvation in 3rd-world countries..."

    How can it be accurately determined that the "central bank interest rates" are "low"?

    Joe

  • Makes

    Sense to me.

    Joe

  • Who is

    The elect?

    Joe

  • Power Independence

    If the criminals allow the victims to gain as much power as the criminals have, well, the victims then have the power to defend themselves.

    Game over.

    Joe

  • Common law is less hidden.

    http://www.nationallibertyalliance.org/

    Those who know: do. Those who do not: ought to know sooner rather than later.

    Joe