patrick.net

For a very long time the federal government ran on just 1. Taxes on booze 2. Taxes on tobacco 3. Tariffs on imports.

Taxes really began after we 1. Got dragged into a world war 2. Women got the vote 3. Prohibition of alcohol (largely promoted by women and kooks)

I tried to read "The Creature from Jekyll Island" many years ago, and my conclusion was that one primary purpose of the Fed is to give the biggest banks a way to print up cash to bail themselves out when they overextend their lending.

So the big banks can take bigger risks (and make bigger profits) than the small ones because they know there is little danger to themselves. Thus the Great Housing Bubble, among other such events.

HunterTits says

Great Housing Bubble 2.0 is coming...inflated by trillions in new money issued.

It's different this time.

All that paper they have been printing is backed by faith and that faith is running out.

Patrick says

So the big banks can take bigger risks (and make bigger profits) than the small ones because they know there is little danger to themselves.

Things like the FDIC actually encourage rampant speculation. The banks that play it safe make less interest, and the ones who don't get bailed out anyway. The endgame is, and always has been a one world government, one fiat currency, socialism/communism for all, all power for the elite, slavery for the rest. The opposite of love isn't hate, it's power. But it's definitely clear they HATE us. Read their documentation on environmentalism and population control. It's not subtle..

The historic purpose of the federal reserve was to try to control inflation using interest rates as a tool.
Other considerations were secondary.
The ability of the Federal Reserve to accomplish its purpose may become limited, or is limited and now it may be stuck in a corner.
When the government spends money it doesn’t have, it sells IOUs called bonds.
Like stocks, they are sold in an auction called the “market.”
The Federal Reserve cannot buy all of them, so their price (conversely interest they pay) can fluctuate.
I’m afraid of the recent absurd levels of waste by the government, not just on inflation but on taxes, “to pay for” the idiotic spending.

clambo says

3. Prohibition

was the last gasp of the Temperance Movement which began in the 19th century, when it was believed that government could dictate more behavior and was a product of Progressivism.

NuttBoxer says

But it's definitely clear they HATE us. Read their documentation on environmentalism and population control. It's not subtle..

@Nuttboxer,

I've been thinking about this lately. Perhaps what we live in is similar to serfdom of medieval Europe. They don't hate us, but we peasants do not matter. Even moving from State to State (CA to TX) is similar to serfs running away from one master to another who on average treated serfs better. And voting matters little, as last "elections" show. It is the aristocracy that controls everything.

clambo says

The historic purpose of the federal reserve was to try to control inflation using interest rates as a tool.

As stated by whom? But regardless of which benevolent reason you pick, they are meaningless, as nary a one has ever been accomplished in it's 100+ years of existence:

* The Federal Reserve(4th central bank) is incapable of accomplishing it's stated objectives.
* It is a cartel operating against the public interest.
* It is the supreme instrument of usury.
* It generates our most unfair tax(inflation)
* It encourages war.
* It destabilizes the economy.
* It is an instrument of totalitarianism.

Credit for the above goes to Griffin.
So tell me. How is it some of the most powerful men in history managed to device a system that seems to work so poorly at accomplishing it goals? Or does it work exactly as intended?

Rb6d says

They don't hate us, but we peasants do not matter.

So you believe they view us as ants, or maybe dogs?
Let me ask, if someone goes around injecting dogs with poison that kills them, even the puppies, locks them up in cages for the slightest offense, sends them to classes where they are told all day long that they are "bad dogs", and the reason for all environmental pollution, and wants to send 2/3 of them to be put down. Oh yes, and takes pleasure in sodomizing and torturing puppies, what emotion would you they most commonly feel towards dogs?

NuttBoxer says

So you believe they view us as ants, or maybe dogs?
Let me ask, if someone goes around injecting dogs with poison that kills them, even the puppies, locks them up in cages for the slightest offense, sends them to classes where they are told all day long that they are "bad dogs", and the reason for all environmental pollution, and wants to send 2/3 of them to be put down. Oh yes, and takes pleasure in sodomizing and torturing puppies, what emotion would you they most commonly feel towards dogs?

Ants or dogs is a good comparison. People do inject dogs with experimental drugs (medical experiments), after that they are killed, the bothersome stray dogs are put down "to control population and remove nuisance", so analogy is reasonable, I think.

Rb6d says

Ants or dogs is a good comparison. People do inject dogs with experimental drugs (medical experiments), after that they are killed, the bothersome stray dogs are put down "to control population and remove nuisance", so analogy is reasonable, I think.

So these people are either all sociopaths, which would not be unreasonable to assume, or really hate us. I don't think just indifference would go this far. But to really understand why I think you need to be open to the possibility that demonic influence is what drives the behavior. There are many celebrity examples of this, Podesta emails, and first hand accounts from kids who have witnessed or participated in pedophilia, and satanic rituals(The Franklin Coverup).

NuttBoxer says

So these people are either all sociopaths, which would not be unreasonable to assume

@Nuttboxer,

That is scientifically proven (follow the science, dammit!): https://www.sciencedirect.com/science/article/pii/S2405844018365575

Washington DC is #1 in country for percentage of sociopaths and psychopaths by far.

"The District of Columbia is measured to be far more psychopathic than any individual state in the country, a fact that can be readily explained either by its very high population density or by the type of person who may be drawn to a literal seat of power"

Ryan Murphy, an economist at Southern Methodist University, recently published a working paper in which he ranked each of the states by the predominance of—there’s no nice way to put it—psychopaths. The winner? Washington in a walk. In fact, the capital scored higher on Murphy’s scale than the next two runners-up combined.

“I had previously written on politicians and psychopathy, but I had no expectation D.C. would stand out as much as it does,” Murphy wrote in an email.

When Murphy matched up the “constellation of disinhibition, boldness and meanness” that marks psychopathy with a previously existing map of the states’ predominant personality traits, he found that dense, coastal areas scored highest by far—with Washington dominant among them. “The District of Columbia is measured to be far more psychopathic than any individual state in the country,” Murphy writes in the paper. The runner-up, Connecticut, registered only 1.89 on Murphy’s scale, compared with the overwhelming 3.48 clocked by the District.

NuttBoxer says

But to really understand why I think you need to be open to the possibility that demonic influence is what drives the behavior. There are many celebrity examples of this, Podesta emails, and first hand accounts from kids who have witnessed or participated in pedophilia, and satanic rituals(The Franklin Coverup).

Yeah, there may be an undercurrent of this, which, in my mind, is not unlike the priests diddling with choir boys, only priests have much less influence in society and can't hide what they do that well.

I tended to ignore these "rumors" until after I read up on a Belgian mass murderer whose crimes were covered up by the government and press.

https://www.smh.com.au/world/europe/it-s-absurd-italian-seaside-residents-hit-with-bygone-feudal-tax-20210525-p57uxi.html

San Felice Circeo, Italy: The inhabitants of a hilltop town in Italy are in revolt after the descendants of a Swiss aristocrat revived their claim for payment of an obscure feudal tax.

Locals in San Felice Circeo, a picturesque town between Rome and Naples overlooking sandy beaches and dramatic cliffs, have been told they owe thousands of euros as a result of a medieval levy long forgotten.

The demand is being made by six descendants of Giovanpaolo James Aguet, a Swiss baron who bought the rights to the levy, known as a fief, in 1898. Dating back centuries, the fief passed from the Papal States, which ruled much of Italy, to the Kingdom of Italy after the country was unified in the 1860s, and then to the baron.

His heirs intend to levy an annual charge on properties in the seaside town, claiming arrears for the past five years that in some cases amount to €35,000 ($55,000).

Around 1500 furious residents are clubbing together to fight the charges.

“It’s absurd that we are even discussing feudal rights that should have died out centuries ago,” Mario Montalbano, a surveyor who has received a payment demand, said. “We are getting organised. The battle is just beginning.”

The levy has not been imposed for at least 60 years. “They have just recently woken up to it,” he said. “They must be strapped for cash.”

Patrick says

https://www.smh.com.au/world/europe/it-s-absurd-italian-seaside-residents-hit-with-bygone-feudal-tax-20210525-p57uxi.html

San Felice Circeo, Italy: The inhabitants of a hilltop town in Italy are in revolt after the descendants of a Swiss aristocrat revived their claim for payment of an obscure feudal tax.

Locals in San Felice Circeo, a picturesque town between Rome and Naples overlooking sandy beaches and dramatic cliffs, have been told they owe thousands of euros as a result of a medieval levy long forgotten.

The demand is being made by six descendants of Giovanpaolo James Aguet, a Swiss baron who bought the rights to the levy, known as a fief, in 1898. Dating back centuries, the fief passed from the Papal States, which ruled much of Italy, to the Kingdom of Italy after the country was u...

The residents should invite their feudal lords to negotiate in person and then go medieval on their asses.