RE: New Zealand is thinking of going all Cyprus

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Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:00:35 AM)
quote: ORIGINAL: WantsOfTheFlesh letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. http://en.wikipedia.org/wiki/Bank_failure and allowing this to continue will cause the whole nation to fail.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:04:44 AM)
quote: ORIGINAL: JeffBC quote: ORIGINAL: WantsOfTheFlesh dont think its ever that tidy. plus tha liabilities in banks are massive, like a big portion of gdp. government nationalisation still means tha government bears massive costs handed to tha tax payer. letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. nods I agree. Nothing is ever that tidy... especially not anything involving "the markets" or "banking". But again, you got a bunch of people that are clearly not capable of running a financial system running our financial system. In the absence of fixing that we are doomed. If the price of getting these crooks out of the driver's seat was a total collapse of the banking system it would have easily been worth it because they are quite literally killing us all. On the bold I disagree. with that point. The problem is they are running it at a level (like government) that far exceeds the understanding of the common person. Hence the continual rape of the country and the world and the inability to prevent it because government is part of the problem not the solution. treasury and fed reserve exchange people all the time! The irs is the banksters collection agency, and as someone said earlier profits are taken privately and losses are socialized. The real problem is that when the system fall on its ass those who created the problem suffer only an inconvenience while others go hungry or lose their rights and the ability to pursue happiness, much less own anything, as a result of the collusion between government and the banking cabal and others. corporations last for ever and men die, anything owned or controlled by a corporation is forever. progenitor abrogation in substance is forgotten. anything owned by men must be conveyed after death of the wo/man to another. hence the obligation of underlying contracts and treaties that control our very existence and never get brought up in court, in fact are avoided like the plague in court. Our judicial system employees receive their checks from the same government they are expected to rule against by us when we have a dispute with the government. You want to vomit sit a day in any municipal corporation court and watch the extortion up close and personal. good ole boy system, same as canada and any other country taken by britain by conquest and presumption of right because the original inhabitants did not have the legal ability or arms to prevent it etc. (you hear that one jlf)

Yachtie -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:26:28 AM)
quote: ORIGINAL: WantsOfTheFlesh letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. http://en.wikipedia.org/wiki/Bank_failure It removes the (insolvent) banks in favor of King Cash for a time. It does not precipitate failure of the Dollar which could happen if banks are allowed to do what they are doing. Failure of the Dollar would be socially catastrophic, not to mention economically.

WantsOfTheFlesh -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:27:40 AM)
quote: ORIGINAL: JeffBC quote: ORIGINAL: WantsOfTheFlesh dont think its ever that tidy. plus tha liabilities in banks are massive, like a big portion of gdp. government nationalisation still means tha government bears massive costs handed to tha tax payer. letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. nods I agree. Nothing is ever that tidy... especially not anything involving "the markets" or "banking". But again, you got a bunch of people that are clearly not capable of running a financial system running our financial system. In the absence of fixing that we are doomed. If the price of getting these crooks out of the driver's seat was a total collapse of the banking system it would have easily been worth it because they are quite literally killing us all. yep there needs ta be a major do-over coz a thing certain in an uncertain world is that bad shit like this happens pretty much cyclically tho i reckon at least some of tha gurus are capable of running the system if they know loadsa unkinky spanking awaits if they fuck it up. i reckon wit total collapse ya face a 1929 situation or worse coz its not certain recovery could happen for decades. uruguay's economic miracle fell apart in tha 30s causing massive instability & never fully recovered. tha cancer needs to be cut out without killing the patient.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:30:06 AM)
good luck with that. flounders took care of that for you! quote: IMPAIRING THE OBLIGATION OF CONTRACTS. The Constitution of the United States, art. 1, s. 9, cl. 1, declares that no state shall "pass any bill of attainder, ex post facto law, or law impairing the obligation of contracts." 2. Contracts, when considered in relation to their effects, are executed, that is, by transfer of the possession of the thing contracted for; or they are executory, which gives only a right of action for the subject of the contract. Contracts are also express or implied. The constitution makes no distinction between one class of contracts and the other. 6 Cranch, 135; 7 Cranch, 164. 3. The obligation of a contract here spoken of is a legal, not a mere moral obligation; it is the law which binds the party to perform his undertaking. The obligation does not inhere or subsist in the contract itself, proprio vigore, but in the law applicable to the contract. 4 Wheat. R. 197; 12 Wheat. R. 318; and. this law is not the universal law of nations, but it is the law of the state where the contract is made. 12 Wheat. R. 213. Any law which enlarges, abridges, or in any manner changes the intention of the parties, resulting from the stipulations in the contract, necessarily impairs it. 12 Wheat. 256; Id. 327; 3 Wash. C. C. Rep. 319; 8 Wheat. 84; 4 Wheat. 197. 4. The constitution forbids the states to pass any law impairing the obligation of contracts, but there is nothing in that instrument which prohibits Congress from passing such a law. Pet. C. C. R. 322. Vide, generally, Story on the Const. Sec. 1368 to 1891 Serg. Const. Law, 356; Rawle on the Const. h.t.; Dane's Ab. Index, h.t.; 10 Am. Jur. 273-297.

WantsOfTheFlesh -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:32:01 AM)
quote: ORIGINAL: Yachtie quote: ORIGINAL: WantsOfTheFlesh letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. http://en.wikipedia.org/wiki/Bank_failure It removes the (insolvent) banks in favor of King Cash for a time. It does not precipitate failure of the Dollar which could happen if banks are allowed to do what they are doing. Failure of the Dollar would be socially catastrophic, not to mention economically. failure of tha banks would be catastrophic also. look at how the euro almost failed coz of tha banks. reckon tho this isnt an either/or situation. tha banks can be controlled, just needs tha political will wit appropriate pressure. seems to be happening already...

WantsOfTheFlesh -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:33:51 AM)
where's scotty? we need ta beam up realone... [:)]

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:35:15 AM)
quote: ORIGINAL: Yachtie quote: ORIGINAL: WantsOfTheFlesh letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. http://en.wikipedia.org/wiki/Bank_failure It removes the (insolvent) banks in favor of King Cash for a time. It does not precipitate failure of the Dollar which could happen if banks are allowed to do what they are doing. Failure of the Dollar would be socially catastrophic, not to mention economically. ok at what point do we call it "failure"? [image]http://i123.photobucket.com/albums/o296/nine_one_one/fed%20reserve/USD_Graph.jpg[/image]

Politesub53 -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:36:50 AM)
quote: ORIGINAL: Yachtie quote: ORIGINAL: WantsOfTheFlesh letting a bank fail can cause a massive run on a whole economy like playing wit dynamite i reckon. http://en.wikipedia.org/wiki/Bank_failure It removes the (insolvent) banks in favor of King Cash for a time. It does not precipitate failure of the Dollar which could happen if banks are allowed to do what they are doing. Failure of the Dollar would be socially catastrophic, not to mention economically. Do you think the dollar would have stayed stable without the 2008 bailout. The Bush treasury obviously didnt.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:42:24 AM)
Oh this gets really fun! What I said so far is only the tip of the iceburg. When people squirrel away money regardless of who they are, it increases inflation and devaluates not only the currency but over time everything.

Yachtie -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:44:35 AM)
quote: ORIGINAL: WantsOfTheFlesh tha cancer needs to be cut out without killing the patient. Difficult task, daunting even, seeing that so many desire to retain the social system (on which they have come to depend and were promised) which depends so much on how the banks, insurance companies and most specifically THE FED work. It's all a spider web now. Remove one attachment of the web and it all comes cascading down. It's now so much greater than mere taxation can provide. It literally scares the shit out of TPTB. It's why Congress is seemingly powerless to do anything. It's like speeding towards the cliff with no where to escape to that does not destroy one's place in the ruling elite (have their cake and eat it too). The oligarchy is massively threatened. So we continue on under more false promises.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:46:34 AM)
quote: ORIGINAL: WantsOfTheFlesh where's scotty? we need ta beam up realone... [:)] yeh, well this lil discussion is the result of predictions I made over 20 years ago and to this day even though its in your face and up your ass you all still insist on labeling me a CT. The real question is how much shit do you need to eat before you figure it out that others foreseen your ass getting sandpapered and tried to warn you. LOL. So enjoy your happy meal.

Yachtie -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:48:46 AM)
quote: ORIGINAL: Real0ne When people squirrel away money regardless of who they are, it increases inflation and devaluates not only the currency but over time everything. How's that? Saving pushes spending (consumption) into the future, reducing demand and monetary velocity. Saving is deflationary, price wise; ignoring inflation defined as an increase in the money supply. Cyprus goes to show that you can save for your retirement and have it potentially confiscated. It's not beyond TPTB ability or desire where the system that empowers them is threatened..

WantsOfTheFlesh -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 11:50:46 AM)
quote: ORIGINAL: Real0ne quote: ORIGINAL: WantsOfTheFlesh where's scotty? we need ta beam up realone... [:)] yeh, well this lil discussion is the result of predictions I made over 20 years ago and to this day even though its in your face and up your ass you all still insist on labeling me a CT. The real question is how much shit do you need to eat before you figure it out that others foreseen your ass getting sandpapered and tried to warn you. LOL. So enjoy your happy meal. yr post on contracts had nothing to do wit what i said. plus where are yr posts from 20 years ago predicting all this? [:D] no judgement bud but aint you a scat fan wit all tha talk bout shit & assholes?

WantsOfTheFlesh -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 12:08:34 PM)
quote: ORIGINAL: Yachtie quote: ORIGINAL: WantsOfTheFlesh tha cancer needs to be cut out without killing the patient. Difficult task, daunting even, seeing that so many desire to retain the social system (on which they have come to depend and were promised) which depends so much on how the banks, insurance companies and most specifically THE FED work. It's all a spider web now. Remove one attachment of the web and it all comes cascading down. It's now so much greater than mere taxation can provide. It literally scares the shit out of TPTB. It's why Congress is seemingly powerless to do anything. It's like speeding towards the cliff with no where to escape to that does not destroy one's place in the ruling elite (have their cake and eat it too). The oligarchy is massively threatened. So we continue on under more false promises. yep it would be a big battle wit powerful interests but a theres a fat regulation sector in tha US both at a state & federal level. changes are taking place & ya can tell its effective coz the banks dont like it http://online.wsj.com/article/SB10001424052702303640104577438901538000094.html

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 12:22:54 PM)
You do not own money, the federal reserve does, you only have usufructory rights. They can pull it back any time they want. The US budget: http://www.youtube.com/watch?NR=1&feature=endscreen&v=9ydhrHwgseE They make several points here that anyone with eyes should be able to see happening also to america. anyway its called monetary inflation, it requires more money to be put into the system for daily operations. http://www.youtube.com/watch?v=SjtYZIgY6ys so the government robbing savings accounts unfortunately makes sense. They know, people do not. Is it fair hell no! But thats the way its done and its nice and legal!

mnottertail -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 12:39:03 PM)
and my personally owning the paper would be of what advantage to me? where is the nefarious scheme in that? Says right on the shit, Federal Reserve Note...United States of America.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 12:55:13 PM)
Since we all know how you love tinfoil watch this it will do you good. The US budget: http://www.youtube.com/watch?NR=1&feature=endscreen&v=9ydhrHwgseE Yesterdays tinfoil is today's reality! and it goes without saying that Todays tinfoil is tomorrows reality

mnottertail -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 1:01:23 PM)
I am not going to watch that stupid asswipe, from the opening its garbage. Hebrew then Jeremiah Films? I bet it is the evil Jews and shit. I bet it aint about new zealand or cyprus. And I bet it is blathering horseshit.

Real0ne -> RE: New Zealand is thinking of going all Cyprus (3/20/2013 2:10:34 PM)
so you think that jews are going to talk about evil hew shit, your logic is impeccable

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