"Economic Fairness" is Obamaspeak for Socialism.
There is nothing fair about it. Socialism is un-American, and redistribution punishes success...
If any of you think economic fairness, class warfare, and redistribution sound like a nice ideas, just think of your horses.
Well made points Miss Jill,
However it deals with but one facet of "economic fairness" Lets expand this myopic view and speak to true economic fairness. Namely the private banks stranglehold on creating money.
It is just as easy to create a "dollar" as it is a bond. Both are printed out of thin air and can be backed by nothing of intrinsic value.
The BIG difference is that the bond is created in debt owed to the private banker and the dollar is not. Rather, the dollar is spent into existence. The difference is staggering as it effects both, the economy and the individual.
The dollar created by the treasury as Constitutionally mandated creates NO debt.
The bond always creates debt. ALWAYS. The question never really answered in truth, is to whom is the debt owed? Answering this one question expands ones understanding of our current standing....
So if we are to really and truthfully speak of economic fairness, We must address the two major controllers and killers of an economy
Those two things are, the debt money system (bonds) and fractional reserve banking (creating both money and debt) by the private banks.
Another HUGE benefit of doing this, is that the "business cycle" goes away. Yep bye bye. For it is the central banker that creates these "boom and bust" cycles through first expansion and then cruel contraction of the money supply.
This is econ 101. and historically proven whether one wants to agree or not.
Historically (8 times in our country's history) when we have removed these two very negative money policies, our country and economy has flourished.
Interestingly (and sadly), when we have had Presidents willing to abide by the Constitution in money matters and rescind the private banks ability to create and control our money, those presidents to a man have been assassinated. Well with the notable exception of Andrew Jackson. But it wasn't like they didn't try, ol Andy just was fortunate to come out on top. Just prior to his death, he was asked what he thought his greatest achievement was. He simply said, "That I killed the Bank". When those bankers are on record having said, in para, If you don't do as we demand, you will find yourself in a war", and then you do, said central bankers do NOT have your best interest at heart.
The fix is quite simple, would take one to two years to retire outstanding bonds and replace with dollars, would be relatively (to us) painless and would bring all banks to 100% reserves.
Of course and as historically proven, If we decide to be like brave little Iceland today or America of the past during brief interludes from financial
rape, we had better gird ourselves for war, because they won't give up their stranglehold with out a fight. "They" will be more like a jilted lover in that if they can't have us, than no one will.
Hopefully bein a money girl and all I'm not telling you anything new. Neither accidental or purposeful myopia helps us out of the trouble and freight train that is about to run us all over.
Respectfully submitted,
Bb