It's About Liberty: A Conservative Forum
Topics => General Board => Topic started by: Libertas on June 04, 2013, 11:41:09 AM
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A starting point for discussion...
http://www.americanthinker.com/2013/06/fascism_in_america.html (http://www.americanthinker.com/2013/06/fascism_in_america.html)
"Can anything be done to at least ameliorate fascism's impact? Yes, but, as the barkeep in Irma la Douce, was wont to say, 'that's another story.' "
OK, that should be fun...I think the ways to describe how it can be stopped is a lot shorter than the reason why it cannot!
Perhaps economic collapse will begin to resolve things sooner rather than later...
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I've pondered the very question.
If it takes a Pinochet to flush an Allende down the toilet... Would you? What would be the tipping point to ever cause me to support such?
I'd have to admit, with a government apparatus now actively working against the people, we're a lot closer to being there.
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This isn't fascism; Hitler loved being German, for an Austrian, and he wanted Germany to succeed.
What we have is crony corporatism, where the government picks winners and losers.
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Yes, good distinction, and unlike Hitler the POSOTUS Obama doesn't really give a damn if "America" is successful...he has his sperm-donors view of the evil imperialistic America...ironic it is more imperialistic in operation under Obama than any leader before him or since his sperm-donor spawned his existence!
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Yes, good distinction, and unlike Hitler the POSOTUS Obama doesn't really give a damn if "America" is successful...he has his sperm-donors view of the evil imperialistic America...ironic it is more imperialistic in operation under Obama than any leader before him or since his sperm-donor spawned his existence!
Come on, give me one five year term and I'll turn the whole country upside down, shake the worthless dirtbags out of her and return her to the people with a few modifications to the constitution that will make her impervious to this crap ever again. I'll leave in five years dead or alive, your choice. ::thumbsup::
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Yes, good distinction, and unlike Hitler the POSOTUS Obama doesn't really give a damn if "America" is successful...he has his sperm-donors view of the evil imperialistic America...ironic it is more imperialistic in operation under Obama than any leader before him or since his sperm-donor spawned his existence!
Come on, give me one five year term and I'll turn the whole country upside down, shake the worthless dirtbags out of her and return her to the people with a few modifications to the constitution that will make her impervious to this crap ever again. I'll leave in five years dead or alive, your choice. ::thumbsup::
warpmine for president!!! ::thumbsup::
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Can I be Chief of Staff? I don't want to be left out! ::thumbsup::
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Can I be Chief of Staff? I don't want to be left out! ::thumbsup::
Absolutely. Weisshaupt will need to be economics czar.
We'll need a secretary of the treasury that will be able to shake the most out of the liberals as they pay every dime they have to get their exit visa(pay off their debt to the nation they facilitated into bankruptcy.
We'll need a special prosecutor for all the trials (no longer than one hour per)
We'll need someone to artistically arrange all the heads that are lopped off.
Executions will be expensive. Do you think the people will donate some ammunition for the task? Never mind, we'll make the criminal's family pay for it. Still we can auction off the right to yell "ready, take aim, FIRE!" and rights to pull lever for trap door release. Damn, I'm drooling just thinking about it.
More on other choices for cabinet positions later.
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Can I be Chief of Staff? I don't want to be left out! ::thumbsup::
Absolutely. Weisshaupt will need to be economics czar.
We'll need a secretary of the treasury that will be able to shake the most out of the liberals as they pay every dime they have to get their exit visa(pay off their debt to the nation they facilitated into bankruptcy.
We'll need a special prosecutor for all the trials (no longer than one hour per)
We'll need someone to artistically arrange all the heads that are lopped off.
More on other choices for cabinet positions later.
I can do prosecutor -- as head of the Justice Department. No, I'm not a lawyer and I did not stay last night in Whatever-Motel.
It will. not. be pretty.
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Can I be Chief of Staff? I don't want to be left out! ::thumbsup::
Absolutely. Weisshaupt will need to be economics czar.
We'll need a secretary of the treasury that will be able to shake the most out of the liberals as they pay every dime they have to get their exit visa(pay off their debt to the nation they facilitated into bankruptcy.
We'll need a special prosecutor for all the trials (no longer than one hour per)
We'll need someone to artistically arrange all the heads that are lopped off.
More on other choices for cabinet positions later.
I can do prosecutor -- as head of the Justice Department. No, I'm not a lawyer and I did not stay last night in Whatever-Motel.
It will. not. be pretty.
My dear, you need only need the knowledge of the constitution for that job. It's not as if they can plead not guilty, because we all know they are. It's my five year plan to return to the vision of the Founding Fathers so the trials will be as easy as reading the charges and the judge announcing the guilty verdict. Remember, these assholes desired a system of swift justice with little in the way of rights to which they've elected to waive them all in the previous actions to suspend the Constitution and rule of law. Bam they got it!
We'll be in need for people to oversee the replacement of firing pins, barrels and other relevant stuff so Gunsmith will be needed as well.
Now, who wants to destroy that awful abomination at Turtle Bay?
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I want to head the IRS.
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Need a new amendment to the Constitution and it needs to come before the 1st so I guess that would make it the 0th amendment.
It would be something along the lines of: Mind your own business.
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I would like an amendment mandating an automatic sunset for all legislation. That would make it easier for bad, ineffective, or obsolete laws to go away, plus it would force any given session of Congress to occupy a large chunk of its time reviewing old legislation to see if it merited reenacting.
I would also do away with the full time legislature. The devil finds work for idle hands and all that. Keep those pricks away from DC for as long as possible. It's really only a modern notion that they should be passing laws all the time, and it's led to busybody government.
If these measures are still not enough, I propose an amendment that in every fourth session of Congress there shall be a decimation decided by random computer algorithm. One in ten congressmen and senators will be executed. The fact that this would occur only every 8 years is to....discourage....careerism in politics.
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I want to head the IRS.
What IRS?
We need someone at Labor Secretary to get these fat lazy bastards to go to work, burn calories. Of course, depriving them of their govt dependence cards and the like will do that but we'll need an honest assessment of how the programs are working. Economic growth programs. OSHA needs to be hacked.
Precious metals will be money again. Congress will control and regulate it. Revenue will be as in the original specs and from interest on loans, that's right we make the loans to the banks and we get the interest. No money created out of thin air.
Energy policy. Quick pace program to design Generation IV nuclear fission reactors. I want reprocessing of all used fuel rods back into usable fuel. LFTR need to get designed and built ASAP. Water desalinization and pumping stations need to be built for the farmers. I want none of this drought crap to limit production. I want electricity to be as plentiful as air.
Industry needs to get high emphasis meaning all those ridiculous EPA regulation need to be thrown out. Industry needs to be responsible to the environment by volunteering. None of this coercion ever again.
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I think Don was looking forward to eliminating those he was to be given authority over...and I am pretty sure he means to truly eliminate many of them personally. As CoS I endorse his plan. ::thumbsup::
Can't wait to see what Secretary Weisshaupt does with the Fed! ::cool:: ::bustamove:: ::whoohoo::
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I want dibs on FEMA director. I want to be the last face the libs see on their way to the internment camps!
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Need a new amendment to the Constitution and it needs to come before the 1st so I guess that would make it the 0th amendment.
It would be something along the lines of: Mind your own business.
And leave me the F&^K alone. Along with what I've accomplished.
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Can I get Secretary of Defense?
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I would like Chief Justice, please. Now we only need eight more people who can actually read.
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Can't wait to see what Secretary Weisshaupt does with the Fed! ::cool:: ::bustamove:: ::whoohoo::
There is only one thing that CAN be done with the fed. Its charter must be revoked. The Criminals on its board arrested and publicly executed for treason.
Replacing its function is a much harder task. Hamilton and Madison went round and round on if a Bank was "necessary" to the execution of the Federal Govt's powers or merely convenient. If we had not had a National Bank, I think the country would have had a much harder time growing into the economic powerhouse it did, plus our participation in the First and Second World wars would have been impossible. The Civil war and Reagan's cold war would have been impossible as well. ( and Korea, and Vietnam,and Afghanistan, and Iraq etc) Hamilton's bank was primarily to take on the debt acquired by the colonies via the Revolutionary War. Before the Welfare State, war expenditures were the only thing a country went into debt for. However, for that reason alone, it can be justified. As much as some "RON PAUL!" folks won't admit it, profits for the military- industrial complex and their banker allies aren't the only reason wars are fought or started. And even if we accept the dubious assertion that is the only way they ever start, there is no denying that at some point they can become existential threats to a Nation.
So a Central bank is probably a really good idea. 50 (or more) different banks in different States all charged with issuing money just makes it harder to spot one or more of them cheating and cooking the books. Transparency is needed. Accountability is needed. But most of all integrity is needed - and that is the hardest thing to come by. This System must also accomplish two things : 1) maintain a stable and predicable money supply 2) provide a source of funding for liquidity in the form of loans.
I very much like the idea behind Bit-Coin. (http://bitcoinfaq.com/) Bit Coin increases money supply based on a well known and secure algorithm (http://www.reddit.com/r/bestof/comments/1c4r1t/artesian_explains_bitcoins_that_even_a_child_can/)- so everyone can plan for it. Inflation itself isn't bad- its unpredictability in inflation that does the harm. If the source code and networks could be hardened enough it might be possible ( but we don't have a way of verifying Voting machines so everyone trusts them..) but Bit Coin requires a high number of servers- under many different parties to be compromised before any actual fraud can happen. Each charter would be allowed to "mine" for new bitcoin, and "keep" the proceeds... so in my view each STATE gets a charter ( if it wants one) to run the servers and "mine" revenue from them. This distributes both the implicit gain from printing (which has to happen because of population and growth - if the goal is to keep the value of money stable and predictable over time) to the State government. Inflation is a Tax. Why do we let a bunch of shadowy individuals on the board of the Fed collect and spend it vs. the government? Undoubtedly it would be better for the world and humanity if charters were issued to other nations and probably individuals as well, but no, that isn't going to happen for a number of social and logistical reasons.
Now, If a major government were to back such a currency - AND make 10% of its value redeemable - with a basket of real goods (gold, silver, Copper, Iron, Oil) which we really should have a national stockpile of anyway, you have a strong contender for something that might actually be accepted ( Bitcoin is under attack from the Feds right now for obvious reasons.. govt doesn't like competition) All granted Charters would require regular Audits and public disclosure of the systems for security and integrity, and verification that the required amount of hard assets to pay off a "run" are present. 10% of the bitcoins mined by such entities would be used to purchase the commodities required to "back" the newly mined coins, with the remaining 90% being available as revenue. to the Charter holder.
Before FDR almost all contracts had a "gold clause" - where a set amount of the metal would be set aside as collateral to be seized if either party reneged on its agreement. - The National-Bit Coin is merely a Money Supply Control system however, and cannot provide liquidity.
A new entity would be established at the Federal level to be our "central" bank. It would NOT be unlike the Federal reserve other than it would no longer be a Private Bank. The Charter would require yearly audits, and the officials running the establishment would be nominated by the President, confirmed by the senate, and subject to a vote to retain every 2 years held along with the National election,and salaries for such officials to be established by congress. Any "profit" the bank itself makes, is returned to the Treasury. This bank, however, does NOT issue bitcoin. It issues "speculative money" Call it a Blue Dollar.
This bank can produce "blue dollars" in the same way it produces the green ones now. It can set the prime rate, loan money to congress, and loan money to other private institutions. However, the Blue Dollar floats in value against the National Bit-Coin. This is fundamentally what the States are attempting to do when they make Gold and Silver a Currency- provide a stable money supply UNDER the one being destroyed by the Fed. But individual States can not easily or quickly mine Gold and Silver, because they must pay for it with the Damned green stuff. Bit Coin would give them the same power to "mint" money the Fed has.
The Federal Government can only borrow Blue Dollars. All Federal taxes are paid in Blue dollars, however the Federal Government MUST make payments only with Bitcoin except for expenditures on National defense. . Thus to get a road built, they can borrow Blue Dollars, and then must exchange them for Bitcoin in order to pay their workers. For Military expenditures they may pay their partners like Lockheed-Martin, Boeing, or Halliburton in Blue dollars ( if those parties will take them) - so sure, they will profit, but less so as the money inflates next to National Bitcoin ( or sound money)
This sets up an incentive for Washington to keep Blue dollars in relative parity to Bitcoins. Private individuals may make whatever deals they wish ( loan in blue dollars to be paid back in X amount of bit coin and Y amount of Blue Dollars at such an such an interest. Or they may just go back to having a bitcoin clause- where X amount of bitcoin is held in escrow- or simply chose to pay back bit coin in bitcoin and blue dollars in blue dollars. ) No one would be required to accept blue dollars ( or bitcoin) in exchange. The point is there is a speculative money supply available at need, and Sound Money to rely on when the speculative supply becomes unstable ( via bubbles, idiotic and irresponsible govt spending, wars and so on etc) The power of sound money is invested with the several states, the power to borrow with the Federal Government, and the two can keep each other in check..
If we had such a money supply now we would all be converting our Blue Dollars to National Bit Coin, and depositing them in a bitcoin account in some bank which would still be paying decent interest on them ( because they are not affected by the prime blue dollar rate - each bank deciding on its own what rate to loan bit coins at and what to accept in payment. ) or loaning them ourselves via investments that pay back in National bitcoin. Point is "smart money" would start flowing out of the Blue Dollar, reducing Washington's spending power considerably ( while still allowing them to prosecute a war if required)
Anyway, that is the View from the Economic Czars office. Anyone see anything critically wrong or stupid in it?
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Can I get Secretary of Defense?
As long as you get rid of all the social engineering, weed out the Muzzies and reject any unlawful order that calls for military action against citizens...I'm sure we can convince President-Elect Warpmine your nomination is desireable. ::thumbsup::
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I want dibs on FEMA director. I want to be the last face the libs see on their way to the internment camps!
We need to call those Responsible Citizen Festivals for PR purposes, OK? ;D
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I would like Chief Justice, please. Now we only need eight more people who can actually read.
I think we can find eight more originalists in our ranks! ::thumbsup::
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Can't wait to see what Secretary Weisshaupt does with the Fed! ::cool:: ::bustamove:: ::whoohoo::
There is only one thing that CAN be done with the fed. Its charter must be revoked. The Criminals on its board arrested and publicly executed for treason.
::whoohoo::
Replacing its function is a much harder task.
Aye.
If we had such a money supply now we would all be converting our Blue Dollars to National Bit Coin, and depositing them in a bitcoin account in some bank which would still be paying decent interest on them ( because they are not affected by the prime blue dollar rate - each bank deciding on its own what rate to loan bit coins at and what to accept in payment. ) or loaning them ourselves via investments that pay back in National bitcoin. Point is "smart money" would start flowing out of the Blue Dollar, reducing Washington's spending power considerably ( while still allowing them to prosecute a war if required).
I think I see where you are going here, have the real liquidity in the private sector where it does the most ecomic good, restrict it to the private marker to keep it from overfeeding, keep government lean and responsible.
Heck, sounds good to me, we have to come up with something better than the BS we have, so, I'd go for it. If something needs tweaking we can tweak it! But we tweak as three co-equal branches...no more of this self-given regulatory authority to create law at whim for us!
::thumbsup::
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I would like Chief Justice, please. Now we only need eight more people who can actually read.
I think we can find eight more originalists in our ranks! ::thumbsup::
That would not have to serve in other offices though. Hopefully it will require little to no actual work, since our people would do nothing that should ever rise to the court's attention. It should be the only job with even less work than the office of vice-president since no justice is likely to inquire about the president's health on a daily basis.
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I would like Chief Justice, please. Now we only need eight more people who can actually read.
I think we can find eight more originalists in our ranks! ::thumbsup::
That would not have to serve in other offices though. Hopefully it will require little to no actual work, since our people would do nothing that should ever rise to the court's attention. It should be the only job with even less work than the office of vice-president since no justice is likely to inquire about the president's health on a daily basis.
And why do I suspect that as *the* reason you volunteered? ::stirpot::
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Because, "Laziness is a quality, when properly applied."
Someday that may be a famous quote from the First Chief Justice of the Restored United States, ChrstnHsbndFthr.
I would like Chief Justice, please. Now we only need eight more people who can actually read.
I think we can find eight more originalists in our ranks! ::thumbsup::
That would not have to serve in other offices though. Hopefully it will require little to no actual work, since our people would do nothing that should ever rise to the court's attention. It should be the only job with even less work than the office of vice-president since no justice is likely to inquire about the president's health on a daily basis.
And why do I suspect that as *the* reason you volunteered? ::stirpot::
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I think Don was looking forward to eliminating those he was to be given authority over...and I am pretty sure he means to truly eliminate many of them personally. As CoS I endorse his plan. ::thumbsup::
Can't wait to see what Secretary Weisshaupt does with the Fed! ::cool:: ::bustamove:: ::whoohoo::
Actually....I would target liberal groups and then watch the sheer hypocricy.
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I think I see where you are going here, have the real liquidity in the private sector where it does the most economic good, restrict it to the private marker to keep it from overfeeding, keep government lean and responsible.
Actually, the liquidity is more likely to come from the Blue Dollar. They will inherently always be in greater supply via Gresham's Law (http://en.wikipedia.org/wiki/Gresham's_law). And will most likely be what most venture capital looses - why would I take risk's with Sound money? While the parity of the two will float and not be legally tied as Gresham's Law stipulates - but I will still expect the "sound money" to have a higher nominal value than the speculative supply. I would expect that most speculative actions will be taken with Blue dollars- and be contractually paid back in a combination of the two currencies commensurate to the risk. A low risk venture would probably demand a smaller percentage of "sound money' in return. A High Risk venture would be expected to pay back in a higher amount of "sound money" - and this will help keep the Blue Dollar in check with reality.
Private individuals and corporations could chose to do business in either currency, or both - Just like most Mexican street vendors price their wares in Pesos AND in Dollars, with Dollar payments being cheaper and preferred - like wise with Vendors who offer discounts for NOT using a credit card. People working for wages will probably require some set amount in Blue Dollars ( enough to pay federal tax) and demand the rest in National Bit Coin. Yes, the Feds can keep upping the amount of Blue Dollars demanded - and try to force more conversion of National Bit-Coin to Blue Dollars - basically creating an artificial demand for Blue Dollars- but the sound money is inherently more scarce- and in effect will simply add more value to bit coin if there aren't enough blue dollars readily available. Since the govt can only spend Bitcoin (except in a war) , the exchange rate just evens out for them, and there isn't any point. In a war, the govt can essentially pull on the value of Bitcoins, but in that circumstance, it should probably be allowed to. Of course doing so will just piss off the tax payer - and since they can essentially take out interest free loans in Blue Dollars, their path of least resistance will always be borrowing (printing)
Cash will be a momentary thing - you will "Withdraw" bitcoin as Blue Dollars ( as a system to print Bitcoin Cash is likely to become corrupted - just as TPTB print Gold Paper) -If you need "cash" you have it , but not as a long term store of wealth ( much like right now)
I think it could work.. or at least be better than what we have, but I admit its complicated, and there may be problems that need to be addressed that I haven't noticed.
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I would like Chief Justice, please. Now we only need eight more people who can actually read.
Not really. One will suffice for five years. After that, I'm thinking Alan Keyes, Ellis Washington, Mark Levin, and a few others, that haven't popped in as yet. More on that later.
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I want dibs on FEMA director. I want to be the last face the libs see on their way to the internment camps!
We need to call those Responsible Citizen Festivals for PR purposes, OK? ;D
Those would be temporary I hope. No reason to keep condemned prisoners their past 15 days unless we have an ammo shortage(doubt that). We'll call them Camp Purgatory.
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Can I get Secretary of Defense?
As long as you get rid of all the social engineering, weed out the Muzzies and reject any unlawful order that calls for military action against citizens...I'm sure we can convince President-Elect Warpmine your nomination is desireable. ::thumbsup::
You can do with it as you please after the five year period is up. I recommend that this be done but during the period, former citizens will need to be rounded up and secured at certain facilities for processing.
Speaking of enemies of the state, we'll need to get rid of their families as well. Not by execution but by forced deportation. I don't care where they go so long as it's not here in our beloved Republic to be. I figure their direct offspring should be forbidden to come to our shores for at least five generations insuring the evil is consumed by time.
Once the period is up I recommend a counter offensive against the scourge of Mecca and Medina until they cannot feed their population or just dissolve over time. They can never be allowed to breed with Human females. If the females won't repent then sterility must be forced upon them. We have a serious problem with these roaches folks and I believe this will solve the problem ultimately. Some will say what about the other countries. Trust me, they've all had enough of this sh*t and want the evil back into the bottle and buried. ::thumbsup::
Leftism, progressives, socialism and Muzzleman are all part of the same poison root. All should be dealt with but after the five year period. My goal is to rid the Republic of her sworn enemies and return her back to the purpose of securing the Liberty of her citizens. ::USA::
I will not accept another term if I cannot finish the task, you must take it upon yourselves if required.
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I want dibs on FEMA director. I want to be the last face the libs see on their way to the internment camps!
We need to call those Responsible Citizen Festivals for PR purposes, OK? ;D
Libertas.....buddy......I love ya like a brother but I'd prefer to leave the euphemisms to the leftists.
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Can I get Secretary of Defense?
As long as you get rid of all the social engineering, weed out the Muzzies and reject any unlawful order that calls for military action against citizens...I'm sure we can convince President-Elect Warpmine your nomination is desireable. ::thumbsup::
You can do with it as you please after the five year period is up. I recommend that this be done but during the period, former citizens will need to be rounded up and secured at certain facilities for processing.
Speaking of enemies of the state, we'll need to get rid of their families as well. Not by execution but by forced deportation. I don't care where they go so long as it's not here in our beloved Republic to be. I figure their direct offspring should be forbidden to come to our shores for at least five generations insuring the evil is consumed by time.
Once the period is up I recommend a counter offensive against the scourge of Mecca and Medina until they cannot feed their population or just dissolve over time. They can never be allowed to breed with Human females. If the females won't repent then sterility must be forced upon them. We have a serious problem with these roaches folks and I believe this will solve the problem ultimately. Some will say what about the other countries. Trust me, they've all had enough of this sh*t and want the evil back into the bottle and buried. ::thumbsup::
Leftism, progressives, socialism and Muzzleman are all part of the same poison root. All should be dealt with but after the five year period. My goal is to rid the Republic of her sworn enemies and return her back to the purpose of securing the Liberty of her citizens. ::USA::
I will not accept another term if I cannot finish the task, you must take it upon yourselves if required.
As far as Mecca and Medina are concerned I would expect prez warpmine to issue an edict that "The first terrorist act, Muzzie riot or other evil perpetrated against the citizens of a free and liberty loving nation in the world will be dealt with by turning one of those 2 locals into a large glass parking lot". I would be happy to push the launch button to make that happen. The second offense and the other local gets the same treatment. Anything after that and it will be open season on anyone with a Koran.
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What you have against Muzzies? Why waste a nuke when you can just make them all miserable, knock out the electrical plants and the water desalinization plants. Besides, if we wait for the yearly Hadj, we can get millions with one shot. Just need to make noise about an asteroid heading to the area. Trust me, nobody will be the wiser. (Funny how Hollyweird never picks a target full of muzzies for an terrestrial hit.)
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Isn't that stupid black rock supposed to be a meteorite anyway? Seems fitting if a nuke were to be called a new meteorite :)
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An asteroid shower, who would complain, really?
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I want dibs on FEMA director. I want to be the last face the libs see on their way to the internment camps!
We need to call those Responsible Citizen Festivals for PR purposes, OK? ;D
Libertas.....buddy......I love ya like a brother but I'd prefer to leave the euphemisms to the leftists.
Sometimes I can't help myself...
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What you have against Muzzies? Why waste a nuke when you can just make them all miserable, knock out the electrical plants and the water desalinization plants. Besides, if we wait for the yearly Hadj, we can get millions with one shot. Just need to make noise about an asteroid heading to the area. Trust me, nobody will be the wiser. (Funny how Hollyweird never picks a target full of muzzies for an terrestrial hit.)
Now we're thinking! ::thumbsup::
We can also throw some takkiya back at 'em...use proxies to spread the word that the Prophet is going to make a special appearance...make sure the damned place is really packed...then...POOF!!!
::whoohoo::
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I think I see where you are going here, have the real liquidity in the private sector where it does the most economic good, restrict it to the private marker to keep it from overfeeding, keep government lean and responsible.
Actually, the liquidity is more likely to come from the Blue Dollar. They will inherently always be in greater supply via Gresham's Law (http://en.wikipedia.org/wiki/Gresham's_law). And will most likely be what most venture capital looses - why would I take risk's with Sound money? While the parity of the two will float and not be legally tied as Gresham's Law stipulates - but I will still expect the "sound money" to have a higher nominal value than the speculative supply. I would expect that most speculative actions will be taken with Blue dollars- and be contractually paid back in a combination of the two currencies commensurate to the risk. A low risk venture would probably demand a smaller percentage of "sound money' in return. A High Risk venture would be expected to pay back in a higher amount of "sound money" - and this will help keep the Blue Dollar in check with reality.
Private individuals and corporations could chose to do business in either currency, or both - Just like most Mexican street vendors price their wares in Pesos AND in Dollars, with Dollar payments being cheaper and preferred - like wise with Vendors who offer discounts for NOT using a credit card. People working for wages will probably require some set amount in Blue Dollars ( enough to pay federal tax) and demand the rest in National Bit Coin. Yes, the Feds can keep upping the amount of Blue Dollars demanded - and try to force more conversion of National Bit-Coin to Blue Dollars - basically creating an artificial demand for Blue Dollars- but the sound money is inherently more scarce- and in effect will simply add more value to bit coin if there aren't enough blue dollars readily available. Since the govt can only spend Bitcoin (except in a war) , the exchange rate just evens out for them, and there isn't any point. In a war, the govt can essentially pull on the value of Bitcoins, but in that circumstance, it should probably be allowed to. Of course doing so will just piss off the tax payer - and since they can essentially take out interest free loans in Blue Dollars, their path of least resistance will always be borrowing (printing)
Cash will be a momentary thing - you will "Withdraw" bitcoin as Blue Dollars ( as a system to print Bitcoin Cash is likely to become corrupted - just as TPTB print Gold Paper) -If you need "cash" you have it , but not as a long term store of wealth ( much like right now)
I think it could work.. or at least be better than what we have, but I admit its complicated, and there may be problems that need to be addressed that I haven't noticed.
So, you are only going for a common medium of exchange, something still elastic to real and artifical supply and demand, and since it would not be Neo-Keynesians running the show we can rest peacefully knowing the old manipulation games are not 24/7/365 in the center ring of the circus. The long-term stores of value should still be valued commodities, much as it was throughout our history, sans the debasement of course. Fraud of any kind can be made a capital crime and punished accordingly...no more Corzines!
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So, you are only going for a common medium of exchange, something still elastic to real and artificial supply and demand, and since it would not be Neo-Keynesians running the show we can rest peacefully knowing the old manipulation games are not 24/7/365 in the center ring of the circus. The long-term stores of value should still be valued commodities, much as it was throughout our history, sans the debasement of course. Fraud of any kind can be made a capital crime and punished accordingly...no more Corzines!
Two Common mediums of exchange. One naturally Speculative and one naturally Sound. I am sure there are still short term games that could be played - high taxes forcing Blue Dollars in demand, but no immediate spending to create a reverse National Bit Coin demand, and vice versa- and I have no illusion that a different power structure for the Fed will prevent graft and corruption. Its more to make graft and corruption more difficult. Cronies could be used as proxies for spending.. a secret deal to give Citibank a Trillion dollars and suddenly Citibank is a philanthropist who will "contribute" to social security by running their own welfare program or some such. Likewise, this would do nothing to stop TARP-like moves, where Huge loans are made to corporation at low rates in bail outs etc. Only the governments would be required to have all non defense spending in bitcoin.. But Bitcoin serves as an Anchor to the Blue Dollar, much as Gold did to the Greenback till the gold window closed. They can only take it so far out of whack. If they take it farther, in effect printing and inflating Blue Dollars supply, bitcoin cannot grow any faster ( there can be no race to the bottom like we see with Euro vs. Dollar vs. Yen vs. Yuan...) - the "Stagflation" we are seeing now would result in price inflation in blue dollars, and possible price deflation in National BitCoin - Savers in Bit Coin are rewarded, speculators in Blue Dollars are punished. This will likewise do nothing to fix the HFT trading or large money inflows into markets. The only thing I can think to do there is place mandatory life-times on bids and asks that are in the seconds, if not minutes. Highest bid in those windows wins ( and must pay, even if price falls during the bid window) - likewise, there should be a minimum holding time for a security - 3 days to a week I think. Much of the volatility in the market is due to these people trying to make a fast buck by being faster than the crowd. This would make that near impossible, and hopefully the result would be a market in which day traders are a thing of the past, and the goal is investing for longer term frames, and "not the get rich quick by screwing the latecomer" that turns the market into a casino. I am sure there would still be gamers in the system. .. it would just make gaming it harder. You can no longer manipulate a market price by bidding on your own asks -even slow-mo-Joe will get a chance to bid, so your ask better be legit. I think I would also outlaw shorts in anything but commodities (in a commodity , a short allows a producer to sell his risk on the amount of production to someone who can more afford the loss if the bet goes south) - I don't see how Shorts are anything but gambling in terms of Stocks and non-commodity contracts. A producer has factors outside their control that affect yields, and market price at a given time. The risk is inherent in the production. If you hold company A, what legitimate reason do you have to sell your risk to another? You assumed the risk buying the stock ( in someone else's production) . Sell the stock now for what its worth and stop complaining.
I am not sure if National BitCoin should even be traded internationally - Not doing so would give us a sort of firewall between internal transactions and foreign markets. In other-words a Foreigner would have to take his local currency, transfer it to blue dollars, and then, in an American owned and operated bank, convert the blue dollars to bitcoin. Since bit coins can be moved only using a connection to the bit coin servers, and since there is no bitcoin cash, access to the currency can be strictly controlled. (currently Bit coin is being used in just the opposite way - Folks in Greece were getting around capital controls by buying bitcoin locally and redeeming it internationally) I am not against having and participating in second International Bit coin system as well, I just see it as a possible threat to the safety of the sound money we are trying to create in America. If an international system of sound money gains traction and becomes the new reserve, its all to the better, as a system like that prevents any country from gaining the power of the reserve and abusing it ( as we arguably have done in the last 50 years)
In the end, you can only make things better. You can't fix them. That is the problem with Liberals - they are looking to fix things, and inevitably set up incentives that result in undesired behaviors ( which they then set out to fix - becoming ever more totalitarian with each iteration) Eventually the liberals look around, decide the situation is really not optimal - because totalitarianism never is, and just move from California or Detroit and repeat the process. Liberals try to change Human Nature itself - to build a better person, by force. You will like it once you see what is in it- once you are ground under my iron boot you will see I was right! . That is why they fail. Each. And. Every. Time. Some humans will always Aim to misbehave. And the liberal solution is to always kill those humans who refuse to submit to their tyranny. Mass Murder= Utopia. Just around the corner. I promise. Human Nature is a river, and the the founders simply tried to balance and channel human nature into more productive courses. Liberals always, always, always try to dam the river and allow nothing to flow to the other side. The consequences are obvious and inevitable. Each and every time.
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International commerce could be simplified and transactions would require collateral in the form of commodities to conduct business. I hear you on trading concerns, not sure I would ban certain transaction methods per se, but certainly I think it obvious that psuedo investments like ETFs and derrivatives need to be banned, ending the paper-chase manipulation game needs to end, as does the practice of incestuous debt sharing suicide pacts between banks/nations. Everything must be made to stand on its own merit, subject to real supply and demand factors so sensible trading and bringing goods to market can be fundamentally sound. There may need to be some short-term smoothing to prevent hiccups, but if done on a contractual basis there is still the risk/reward and penalty/premium at play to keep people honest and smoking out scammers would be eaiser and penalties severe enough (split the perps assets among those affected and then lop their head off!) to ensure people stay in the lines.
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International commerce could be simplified and transactions would require collateral in the form of commodities to conduct business. I hear you on trading concerns, not sure I would ban certain transaction methods per se, but certainly I think it obvious that psuedo investments like ETFs and derrivatives need to be banned, ending the paper-chase manipulation game needs to end, as does the practice of incestuous debt sharing suicide pacts between banks/nations. Everything must be made to stand on its own merit, subject to real supply and demand factors so sensible trading and bringing goods to market can be fundamentally sound. There may need to be some short-term smoothing to prevent hiccups, but if done on a contractual basis there is still the risk/reward and penalty/premium at play to keep people honest and smoking out scammers would be eaiser and penalties severe enough (split the perps assets among those affected and then lop their head off!) to ensure people stay in the lines.
It looks as if we have the basics in proposal and with some fine tuning we can make it worthwhile investment wise. International investment can be a good thing when done correctly. However, we need to have strict rules to eliminate the scammers and manipulators like Soros and his ilk. HFT is gone no matter what. We know why they do it and it's attractiveness for evil bastards as you say just looking to make a quick buck.
The national debt is easy, sell of the assets the govt has illegally bought or stolen in the name of conservation. Combine mining and drilling for energy with lower rates of taxation as production gets higher and you have a winner. We need incentives for investment not punishment for producing "evil product". Screw that, that has to stop immediately and those that argue for a continuance of those policies will naturally need to be stripped and executed. I want a wealthy nation, rich in resources and hard working folks, new technologies. I want the standard of living to increase as oppose to what we have today with the elites claiming we all have to get by with less while they continue to rake everyone over the coals.
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International commerce could be simplified and transactions would require collateral in the form of commodities to conduct business. I hear you on trading concerns, not sure I would ban certain transaction methods per se, but certainly I think it obvious that psuedo investments like ETFs and derrivatives need to be banned, ending the paper-chase manipulation game needs to end, as does the practice of incestuous debt sharing suicide pacts between banks/nations. Everything must be made to stand on its own merit, subject to real supply and demand factors so sensible trading and bringing goods to market can be fundamentally sound. There may need to be some short-term smoothing to prevent hiccups, but if done on a contractual basis there is still the risk/reward and penalty/premium at play to keep people honest and smoking out scammers would be eaiser and penalties severe enough (split the perps assets among those affected and then lop their head off!) to ensure people stay in the lines.
It looks as if we have the basics in proposal and with some fine tuning we can make it worthwhile investment wise. International investment can be a good thing when done correctly. However, we need to have strict rules to eliminate the scammers and manipulators like Soros and his ilk. HFT is gone no matter what. We know why they do it and it's attractiveness for evil bastards as you say just looking to make a quick buck.
The national debt is easy, sell of the assets the govt has illegally bought or stolen in the name of conservation. Combine mining and drilling for energy with lower rates of taxation as production gets higher and you have a winner. We need incentives for investment not punishment for producing "evil product". Screw that, that has to stop immediately and those that argue for a continuance of those policies will naturally need to be stripped and executed. I want a wealthy nation, rich in resources and hard working folks, new technologies. I want the standard of living to increase as oppose to what we have today with the elites claiming we all have to get by with less while they continue to rake everyone over the coals.
Heh, running that government auction could be fun. Not sure we have enough to cover all sovereign debt accumulated by the old regime, there would need to be some mutal writeoffs between entities holding each others paper (nations and individuals/corps), the balance renogotiated to reflect the new economy.
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I'm fairly certain, the auction for executioners, part of the firing squad etc..., would cover the debt. I know I'd pay good money to off some of these scum bags. How many of the EPA's victims would be willing to bid for their asses? Now think about all the other ABC agencies, the list would be hundreds of thousands. ::rockets:: Television rights, Pay per view. I should think there would be no problem forking over the money to see those that terrorized your family and drove the country off the cliff, executed.
This would set a great precedent for history and the rest of Europe, I should think their populations would get a good kick out of it to.
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I hope officeholders are not exempt from participation! ::whoohoo::
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I hope officeholders are not exempt from participation! ::whoohoo::
As SecDef, I would just be happy to provide the weapons and ammo. But I do like to be more than happy from time to time.
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I want to be in charge of waste recycling. Live waste recycling.
http://m.guardiannews.com/world/2013/jun/07/bolivian-man-buried-alive-woman (http://m.guardiannews.com/world/2013/jun/07/bolivian-man-buried-alive-woman)
Villagers in Bolivia's southern highlands buried a teenager alive in the grave of a woman he was suspected of having raped and murdered, an official has said.
Police had identified 17-year-old Santos Ramos as the possible culprit in the attack on 35-year-old Leandra Arias Janco last Sunday in a Quechua community near the municipality of Colquechaca, said José Luis Barrios, the chief prosecutor in Potosà province, where the community is located.
More than 200 enraged locals seized Ramos and buried him alive alongside his alleged victim on Wednesday night, according to Barrios. He said that the following day, residents blocked the road to the community, preventing police and prosecutors from reaching it.
A reporter for an indigenous radio station, who spoke on condition of anonymity for fear of reprisals, told the Associated Press that Ramos was tied up at the woman's funeral. Mourners threw him into the open grave, placed the woman's coffin in it and filled the grave with earth.
--SNIP--
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Dayum! Now, not sure I want that fertilizer beneath me...but, gotta love the attitude of the locals! ::cool::
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No more rapes in that neighborhood for a long time.