View single post by Joe Kelley
 Posted: Sat Feb 16th, 2008 11:57 am
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Joe Kelley

 

Joined: Mon Nov 21st, 2005
Location: California USA
Posts: 6399
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Mana: 
I am going to cut and paste from here:

http://www.restoretherepublic.com/component/option,com_fireboard/Itemid,27/func,view/id,863/catid,34/limit,6/limitstart,6/


Welcome,

My introduction here may appear to be odd; bear with me - please.

Experience suggests to me this type of introduction before moving onto the main purpose of this current effort. In case history repeats itself the thread here will generate unwelcome text including but not limited to Straw-Men, Hyperbole, Projection/Transference, and other types of psychological/political falsehoods; therefore – watch the first strike and know it will be pointed out by me as accurately as I can possibly identify it (and defend as this ‘welcome’ intends).

Call me a ‘conspiracy theorists’ and know my intent from moment one.

Currency is currently inaccurate and fraudulent to a point of extreme criminality on the part of the producers, maintainers, and infected individuals involved who just so happen to receive the lion’s share of purchasing power flowing to them from their victims.

The fix is very simple and safe.

People merely need to demand more accurate currency, and we are, leading to the production and maintenance of more accurate currency which is, in fact, cost-less.

I contend, on this point, to expose the fallacy of ‘legal tender’ laws whereby competitive currencies are outlawed (excluded, taxed, levied, or otherwise crippled by law) including any law whereby involuntary taxes must be paid in Gold.

To concentrate upon the negative, in defense of the positive, is not my purpose here and now.

Allow me to offer a simplified version of what can be in the effort to back up my claim of positive reinforcement concerning my professed economic knowledge.

Suppose a few things happen in order to realize the simplicity of what I am trying to communicate.

Suppose two products become available to any qualified borrower on the planet.

Allow me to qualify the qualification with a simple measure already in existence. A ‘qualified borrower’ is a person who has a high credit rating and a history of repaying all of the principle and all of the interest on currency borrowed.

Hint: I did not say ‘debt’ on purpose. Currency is ‘borrowed’ from some one.

Product number one is a loan of purchasing power of a size equal to the current interest bearing mortgage and this loan does not require any interest payment at all.

Product number one pays off the mortgage company debt and allows the user to gain title of his residence in a shorter time period at the same monthly payment rate or lower the monthly payment rate and change the duration of the loan.

The entity offering the loan (person or group of persons working together to offer the loan) cannot afford to give this service away; however – the costs of running the business is meant to be realized with the next product.

The first product is meant to gain market share.

Product two is offered to the same people (qualified people) at one percent interest. Product two is a loan of purchasing power equivalent to whatever the borrower wants to purchase if the purchase is invested in alternate (other than petroleum) energy production and use.

Example:

Person A uses his savings in mortgage interest (he pays less per month for 30 years) to pay off a new Solar Panel loan whereby person A begins creating accurate currency from the Sun (electric current). Person A also borrows enough purchasing power to afford a new electric car; hence – no more utility bill and no more gasoline bill.

Since the interest on the second loan is one percent the net gain for the borrower is positive. The cost of the home mortgage loan is merely the principle (no interest and thereby saving nearly the entire cost of the home since mortgage interest can easily amount to double the home cost) and the cost of the Solar Panels including the interest on the loan (one percent) is less than the price (at current rates) of the electricity produced by those Solar Panels (even if only one Solar Panel is purchased). The savings on gasoline (at current prices) pays for the car during its lifetime since Solar Panels generate more POWER than the cost of the Solar Panels – see this clearly.

The entity offering the accounting process (the loan) gains one percent on every sale of product number two, so, do the numbers.

How much does it COST to allow a limited liability corporate nation state to produce and maintain a monopoly on our preferred currency?

Do the numbers.

I can explain in more detail if someone has an interest in learning.

If not, then, please consider ignoring this thread and this post.



 

MrRekoj,

I tried to read the whole thing however the effort ran into a general lack of interest. Is it funny how the word ‘interest’ appears in so many ways on the economic/political front?

Example:

What is “National Interest”?

I submit that the definition is not ours so much as it is their interest. No one is allowed to add zeros to their personal accounts at will, spend those units of purchasing power added at will, and do so with impunity perpetually; except certain exceptional people. That is what I mean by ‘them’.

Whenever anyone confuses us with them I am inclined to point out something important concerning that measure. You may wish to do something else. What can I say?

I lost interest in the article because the words parrot the same old story and it is a false story. It is an inaccurate story. It is a half true story so as to inspire interest in those who fail to recognize the other half of the story. Since I know the other half of the accurate story, the whole story, since I at least know more than the author - the fraud fails to work on me.

Well…I’m building myself up without any proof – perhaps. Therefore I will begin to read deeply into the fraud (half truth) and comment on what I see so as to add to this endeavor we pretend to construct (a discussion).

I will quote and comment. My quotes will be fenced like this:

++++++
This is a quote fence.
++++++

Here is the first quote that strikes me (and evaporates my interest in reading on into the falsehood):

+++++++
Leveraging always carries with it the remote possibility of a chain reaction
+++++++

Before I comment upon the above it is vital (in my view) to impart the observation (physical measure of fact) of ‘currency’ as both language and monetary accounting. In other words the quote above IS currency. The quote above IS a support (a leg on a chair) for fraudulent monetary currency no less vital than a Green Back, Treasury Note, Encrypted Digital Account, etc. and furthermore none of these structures are of any value to anyone without actual PEOPLE moving the physical matter (language, monetary units, resource supplies, gold, anything).

Therefore; before replying to the quote (currency) it is worthy of comment (remarkable) to point out how none of this can be interesting (valuable) without PEOPLE. In other words; if anyone (a person) follows the money (including language) the END will terminate at another PERSON.

+++++++
Leveraging always carries with it the remote possibility of a chain reaction
+++++++

My comment is a question first followed by some possible answers to be considered (if someone has an interest) for validity. Why, and who, invented the word ‘leverage’ when, in fact, the actual phenomenon described is extortion? In other words; why paint a half true picture when the whole truth empowers PEOPLE with accurate knowledge?

Possible answer – in order to get away with torture and mass murder (or leveraging) there must be a false front in place to divert interest away from the crimes currently being committed so as to perpetuate crime on into the foreseeable future.

An argument can arise from this simple comment concerning one simple unit of currency (language) whereby my subjective measure ‘smells a rat’ and the author (and reader) may simply let that one slide (insignificance). The argument divides my interest and the reader’s interest away from a common interest in accurate communication. In other words; we cannot get past a fundamental question concerning currency. I say; it must be accurate or it is worthless to me. The argument may say (I can only parrot past experience with ‘the argument’); currency does not have anything to do with accuracy.

I see the need to drop this endeavor right here because the gap between reality and fantasy starts right here and can only widen from here on unless there is confirmation from the reader of an interest in accurate currency (language and monetary); if no expressed interest is published from this point acknowledging an interest in accurate currency, then, the obvious assumption to be concluded (without an actual confession) is that the reader is interested in inaccurate currency. I am inclined to point out, again, the need to be accurate. Why call it an interest in ‘inaccurate currency’ when the more accurate term is ‘extortion’?

I will close this effort with a little history lesson. Way back during my early days of investigating life’s mysteries (before Waco) I came upon a fellow traveler who supposedly occupied a seat in the Federal House of Representatives. I found that to be unbelievable at the time since the currency being transferred from that person (in the form of newsgroup publications) were exposing the half truths propagated by the Federal STATE (I will not use the term ‘government’ to describe criminal extortion on purpose – I may slip up from time to time) and that person’s name was Ron Paul.

Since then (after Waco) my efforts to solve the mystery (why are legal criminals torturing and mass murdering with impunity) focused on economy and specifically Ludwig Von Mises on one side (Conservative) with Josiah Warren (Liberal) on the other side and both advocated Currency Market Anarchism ( Free Banking ) where the terminology did not agree specifically; however – the divergent labels described the same physical reality.

Now; the history lesson is brief and to the point. I went to a Financial Markets Conference (paid for admission) after running for congress as a libertarian with the objective of gaining answers concerning specific questions.

Upon arrival I viewed a basket and a solicitation. The solicitation requested questions to be asked of the panel. I filled the basket with questions including (not verbatim since none of my questions were tabled) but not limited to questions concerning accurate currency and the competitive advantage in place as a result of the open (free) market phenomenon called “The Internet”.

The ‘Panel’ (it is recorded on audio tape at the Mises web page) members (I don’t remember which one) alluded to ‘the hard questions’ to be answered ‘tomorrow’ and tomorrow never arrived.

I heard Ron Paul speak and in particular I heard mention a desire to support the troops by bringing them home. That was great! I didn’t however receive any answers to my questions. My questions were effectively censored.

My questions continued to be censored at the Mises Forum (and the whole sordid business remains recorded on their web site) where any exposure of inaccurate currency (anything half-true including language) was met with abuse, name calling, misdirection, and all types of political machinations. Eventually my I.P. was removed.

I am not a stranger to economic/political activity. I am not an agent provocateur for anyone, for profit, on purpose. I am an independent person who has an interest in liberty and my efforts on this path have acquired (as stated in my first post) practical knowledge.

If anyone has anything to add (including criticism) to the proposed illumination of the PROBLEM with the illustrated SOLUTION, then, add – please.

Two products offered into the FREE BANKING market illustrate the extortion racket by comparing the pyramid scheme with the OPPOSITE like night is compared to day.

No interest mortgage loans to qualified individuals are product number one.

Product two consists of cost earning loans (low interest charged to cover costs of accurate accounting) to qualified individuals who use the currency to create more POWER.

If you do not see the wisdom, then, I can explain it. If you see the folly, then, expose it. If you expect to censor me with inaccurate currency, then, expect an effective defense. My censorship will be accomplished by deception. The censor can hardly afford to publish the reason. What would it be?

Removed for spreading accurate currency?

Accurate currency is the stake that kills the vampire. Those who fear it confess.

Does that make sense or do I speak a foreign language? Should I climb aboard the effort that comes up with words like “leverage” in the effort to disguise extortion, which, by the way has grown to a point whereby torture and mass murder is a lucrative investment.

I don’t think it will ever be too late to reinvest in liberty and I know how to do it. It is easy once the other half of the truth is visible.



 

Last edited on Sat Feb 16th, 2008 12:14 pm by Joe Kelley