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| Joined: | Mon Nov 21st, 2005 |
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And they will continue to do so not because they aren't bothered by what they see, by the fragility of our own system, but because there's no other place for them to put it.
Anyone,
Can you see a glaring omission? Power becomes so tremendously abundant that a situation comes into being whereby there is a high demand for places to send the excess?
Someone, somewhere, or some group, somehow, accumulate such a vast and gigantic sum of surplus wealth that the supply of places to spend it, or store it, pale in comparison?
A. Growing, vast, and gigantic, sums of surplus wealth (purchasing power).
B. Shrinking, scarce, and miniscule, places to hide (launder) money.
I have people tell me that my words are unreadable. Can you believe that?
Here are supposed experts, or authorities, or supposedly knowledgeable people, reporting the facts concerning a global human condition whereby millions of people are starving, millions of people are being tortured, and millions of people are being murdered, lies, frauds, threats of violence, and acts of inhuman violence, radioactive plutonium, and other man made pollutants are reaching toxic levels globally, and some people, some groups of people, are claiming that they have too much purchasing power with no place to put it?
Who is getting the short end of this stick, where the language appears to be favoring one set of people, at the expense of another set of people?
The language is scripted, it is code, it is double speak, it is falsified, and it is fictional.
How can the powerful group claim to be broke, and in dire need of larger flows of power transferring to them, in the form of higher prices, higher interest rates, higher taxes, higher fees, higher, and higher, and higher, demands of surplus wealth, money, flowing to them, from those who create that surplus wealth, and at the same time, those same people, those same groups, claim that they have too much surplus wealth, such vast quantities of surplus wealth, so overburdened with too much surplus wealth, that they no longer have safe places to put it?
You complain about my writing, as my writing is unreadable, and you swallow this garbage whole?
A. We are broke (legal criminals demanding more power)
B. We are running out of places to hide our stolen wealth
I may not have read, or communicated, the meaning of the words spoken in this Real News report well enough, accurately.
So...
SCHELL: Well, I think the Chinese leadership was very rattled to find this sort of pillar of the whole financial architecture of the global economic system so unstable. And it's true that they've invested many hundreds of billions of dollars in Treasury bills and other forms of American securities. And they will continue to do so not because they aren't bothered by what they see, by the fragility of our own system, but because there's no other place for them to put it.
JAY: Where else do they put all the capital?
Please note that the dollar money supply total in early 2008 was increased to twice the total supply and then that new power to purchase went somewhere.
Are you capable of understanding the significance of that news, without the falsified background noise that is produced by the same criminals who stole that power?
A. We are broke, send us more power or else.
B. We can spend on one day more money than the entire global supply of money if we decide to, so long as we can find ways to spend that much money.
Who is too stupid to add simple math here, people?
You may be better advised to consider looking in the mirror before you point your finger at me.
I will listen further to this Real News report and continue to offer comments.
SCHELL: [incompr.] they're collecting huge amounts of foreign exchange, and they've got to park it someplace. And in a certain sense there is a kind of a symbiotic relationship that's almost like some drunk and their spouse, which is they lend to us, we borrow, we spend in a profligate manner, but we buy their stuff, they make the money, get the foreign currency, and give it back to us so that we can go deeper in debt to buy from them. That's what's been going on until the financial crisis.
How wrong can something get?
A group of people based in China collect power and now they have vast sums of power. What is the connection between this powerful group based in China and all those poor desperate people in China who are willing to work for less than a living wage?
A. The powerful people in China (legal criminals)
B. The rest of the people in China (honest productive people)
Group A gains power by collecting power from group B.
What does the powerful group do when the powerful group gains too much money, too much surplus wealth?
Put on your thinking caps.
Lend the money to another powerful group?
Does that really make any sense to you?
The Federal Reserve group, or the Wall Street group, or whatever group is connected together by the dollar unit of currency, The Dollar Hegemony group, whereby power flows from those who create power to those who create and maintain The Dollar Supply of legal money, borrow power from the powerful Chinese group?
Do you really buy into that legal fiction?
The Chinese powerful group can add, certainly, they manage to add well enough to know when to demand more power from their victims, or subjects, or tax payers, or whatever word they use to label the sources of their power, and so, knowing that the Chinese powerful group can add, it can then be understood that they can add up all the Aircraft Carriers with U.S.A. Inc. (LLC) stenciled on the sides of those big ships, or some other label, some other flag, some other means by which anyone can know who owns those ships, who uses those ships, and what those ships are doing here and there, what those ships intend to accomplish, etc.
It takes power, and lots of it, to sink into Aircraft Carrier production. Lots, and lots, and lots, of power, sunk into producing lots of Aircraft Carriers, for some reason.
Where do the owners of all those military ships, and all those military planes, and all those military man hours, get the power they get to sink into those types of investments?
Do the Chinese powerful people add those figures up, something not added up in this Real News Report?
Now that's got to change. China recognizes it, and I think we do, too. They can't just be an export economy. They have to start generating a greater level of consumption within China. But there the Chinese run into a structural problem of their own, that they have a very high savings rate, which means people don't consume as much as they could. Why? Because they don't have a welfare system and a health care system that provides for people in their old age, so people lock up their money. So it's only to say--and one of the reasons why China comes up every other sentence here in Bretton Woods and everyplace else is because the US and China are insolubly locked together now with one set of sort of economic internal organs.
Who controls the money supply in China? What is the interest rate charged to any Chinese person if a Chinese person seeks to borrow from their own capacity to create wealth? How much power is transferred from the honest productive workers in China to the legal money suppliers through the money system, as interest, in China?
What is in place, in China, that moves the power that the honest Chinese workers, or business people, produce, from them to the powerful people who end up with so much power that they lack places to invest that excess power?
Where do the powerful people in China get their power, how do they get it, and why don't they stop taking so much, if, as this story goes, they get it from the only place that they can get it, which is from the honest productive working population who produce surplus wealth? Why take so much that the powerful group has too much and the powerless group doesn't have enough?
Why do the Chinese powerful people take more than they can ever spend from those who produce surplus wealth?
Answer the same question about the American powerful people.
What do you get?
A. American powerful people (take surplus wealth from the source of surplus wealth, and take more than they can ever spend)
B. Chinese powerful people (take surplus wealth from the source of surplus wealth, and take more than they can ever spend)
C. American producers of surplus wealth (send their hard earned power, by whatever means it flows, to the American powerful people)
D. Chinese producers of surplus wealth (send their hard earned power, by whatever means it flows, to the Chinese powerful people)
What do the Chinese powerful people and the American powerful people have in common?
What do the Chinese producers of surplus wealth and the American producers of surplus wealth have in common?
The powerful people know how the game works and they no better than to let everyone know how the game works. It is crime, and they know it.
The producers of surplus wealth, once they know, stop being victims, and since they continue to be victims, they are obviously ignorant, concerning how the game, the fraud, the legal crime, works.
My words are unreadable? Seriously?