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Post by SWMan on Oct 13, 2022 21:46:57 GMT -6
Wow, are those college kids calling her out for funding the Ukrainian Nazi's??? Well done!
I would normally think of a college campus as being a soft target for the liberal propaganda, but maybe there is some hope...
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Post by kenmb on Oct 14, 2022 7:18:37 GMT -6
There are endless examples of citizens calling out our government's and leaders for what they really are. Except those don't carry much weight because only "official" sources of info are credible and this means the MSM.
I don't know if it is making much difference but there certainly is a noticeable narrative shift recently. Covid, inflation, immigration, justice system, energy policy. Of course we have the covid story about the "vaxxine" not stopping transmission, yet it will still take a news story to say masks don't do anything to stop spread before people will actually say "you know, it seems to me a cloth porous material over my face won't stop a virus from leaving my body".
Need to watch for how much things heat up before the mid terms Nov 8. The thing to note is people really do have short memories and are easily distracted and so it actually does matter if things get put on tv 3 months ago or 3 days before election day. With that in mind I do wonder if next few weeks gets crazy. Because we are talking about waking people up who actually think wearing a mask over your face does something, and so that is no easy challenge and you don't do it with news articles that require such people to think about something. They really need to be slapped in the face and not actually presented with things that require thought and response.
Every election we are told people vote with their wallet or use the economy/jobs as their main concern. So I am looking for that area to get crazy. And of course nuclear war is a good example of something not needing thought or response. Just show people their politicians at work.
I had to shake my head as usual yesterday when the S&P nose dives because high inflation means less spending money and so corporations will feel a pinch, and then then our true indicator of capitalism reverses course and shoots up 2% higher than the days open. Yet there are still people who think the stock market is the embodiment of free markets and capitalism and invest accordingly.
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Post by kenmb on Oct 16, 2022 18:55:24 GMT -6
It occurred to me that the UK PM is doing something I thought a politician should do.
The debt is not going to be paid back. That is not the game in play and therefore not a requirement to play, in fact government not expanding debt goes against the needs of our debt based system. Debt must be expanded. So I figured years ago what a politician should do who was interested in serving the public is keep expanding the debt and cut taxes. Why tax if you aren't going to pay back the debt. Stick the central bankers with the debt till they are removed or your government actually takes control of the central bank.
So that is what the UK PM actually did. Plan was to cut taxes and keep spending. And the Bank of England threw fits. Slashed the value of the Pound and went on a number of rants about replacing the government. Kind of what I would expect to occur.
Just found it interesting. Took me a little while to realize what happened the last few weeks is more or less what I was thinking would be a fitting response to our world.
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Post by SWMan on Oct 16, 2022 21:35:06 GMT -6
So I figured years ago what a politician should do who was interested in serving the public is keep expanding the debt and cut taxes. Exactly. Why do we pay taxes if they can just print money out of nowhere!
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Post by kenmb on Oct 17, 2022 7:11:15 GMT -6
There is a lot to breakdown in that basic truth of how our world works. A good part of it dovetails into what I have been saying in regards to why do people accept that your own central bank is best controlled by an entity no one has a say in. Sure, Canada claims it can replace the Governor of the Bank of Canada but even if we had real people doing real jobs for the good of citizens then replacing a Governor is a far distant acceptable way to ensure your central bank is operated for your best interests. The central bank would still exist as a seperate entity with unknown people using unstated goals and information to make non publicity disclosed moves. For people who like their democratic system it seems completely foolish to say that they do not want any democratic system in another portion of how their country works. That being the central bank.
And that is another way I determine our "news" is programming. It tells you what to think of matters.
There is a reason that the power to create money out of thin air is controlled by only a few. And it has nothing to do with your government not being trusted to have the power.
And I see the news this morning from England is showing this. The government (ie Truss) had basically stated we can tax less without openly saying anything about printing presses. And the finance minister (Hunt) has reversed that plan to bow to the BoE and apparently appease the "markets". Setting aside the fact the BoE has already destroyed the economy with policy that the government has no real say in - the question is who runs the country, is it the government (Truss) or the BoE.
What if the government actually directly ran the BoE. Which is how it should be. Why is the assumption the government would screw it up more than what the independent central banks have done. It seems impossible to screw things up any more.
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Post by kenmb on Oct 17, 2022 7:27:05 GMT -6
Another random thought. I have heard our PM can replace the Governor of BoC but haven't read details about how this is done.
Does the PM just up and do it? That isn't very democratic.
Does the House vote on it and therefore the PM must act according to the vote. That is democratic.
Does the Senate get a veto vote.
Since we are a democratic society and will destroy other countries to become such, if the House gets to vote on the matter then when was the last time we had some news coverage of the House debate on how the governments own central bank is performing. If finances and economy is the #1 concern of voters at election day then how often does our government meet, deliberate, make public statements on how the central bank is performing and its policies are working. Surely your own government has oversight on the most important institution of the country.
But since the answer is none of this happens, then you can better understand "conspiracy" talk.
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iamwill
Full Member
Posts: 249 Likes: 166
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Post by iamwill on Oct 17, 2022 10:15:37 GMT -6
Kenmb you are starting to make my head hurt.
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Post by kenmb on Oct 18, 2022 7:45:32 GMT -6
Once you start thinking about your world then that does happen.
For example the Federal Reserve balance sheet is around $9T of fiat created out of thin air. These experts have been buying all kinds of debt no one else would in order to keep interest rates down. If no one buys a government bond it is because the government isn't paying enough interest to make it worth the buyers capital. So interest rates offered go higher till someone buys. Enter the Federal Reserve, they buy with money created out of thin air. What is the cost on that capital? Zero. Yet we apparently are a capitalist system.
So we have $9T in one central bank alone created out of thin air primarily for buying things no one else will. This is not capitalism or free markets in case anyone missed that. And now the Fed claims they will stop buying (QE) and move to selling their "assets" or holdings (QT). Not only that, the government will still be trying to sell debt (bonds) to increase revenue.
So the buyer of last resort (Fed) is now a seller. And the government is also selling. Who is the buyer then? How much interest must be offered to entice a buyer to acquire a government bond.
Our system was broken a very long time ago. Yet no one in government or media or thought leaders has actually stepped up at anytime and said "wait a minute, are you sure you guys got this right". And better yet, if the guys running this show have it wrong, which is pretty easy to see, how do we get rid of them.
As a side note, I haven't sold stocks for a few years now. This is such a fake world that there is no point taking a position that things will follow what free markets and capitalism should do. No point trying to guess where this goes.
Sure, the central banks should stop raising interest rates as this would go with the need for them to go back to buying debt no one else will. The things is, if this happens, people will actually think the system is being saved yet again. That ship sailed a long time ago. It can't be saved because it was destroyed a long time ago. What we are currently living in is something very different. Have been for about 15 years. We just don't know where it goes. Previously we used to make decisions based on capitalist thinking, though that was false too since the central bankers were still planning and scheming then, just not as blatant.
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Post by kenmb on Oct 21, 2022 7:51:19 GMT -6
Not PJ Watson's most entertaining videos but hits a few high points regarding UK government.
No, I don't really think Liz Truss won her position via in kind of fair and democratic election so these things don't just happen. There is a message I think and if you follow what is not talked about you will get what I mean.
Truss resigned because she had a bad budget that cut taxes.
Hmmm, ok. The simple question is why does every single media report I hear talk about it being her budget? Is she a dictator? I thought the UK was democratic and has legislative body with MPs and all that stuff that vote on things and such. Am I wrong? When did this change? When did PM Truss get the power to sit down over a few shots of whiskey and draw up then implement a budget to cut taxes?
Let's say that never happened. Let's say the government still voted on things. Let's say it wasn't Liz Truss budget but rather call what what it really is - the government of UK budget. One voted on.
How does the story change then. How does our media present the story that a democratic government got destroyed by powers outside the government who did not want the things being implemented. I am guess this is a harder sell to the ignorant masses. So best just call it the Truss budget, it is hers, and the peasants can all agree she is an idiot as per media reports and then go back to watching utube videos.
Because if the media actually talked about the government passing a budget and the same government being tore apart for doing so, then conversations are different over the water cooler. And since you must always be told what to think, well here we are.
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Post by kenmb on Oct 31, 2022 19:38:49 GMT -6
Don't know if The Intercept is considered one of those approved news sources where you take their stories as fact. What they are saying here is conspiracy theory is once again conspiracy fact. Meaning groups conspired against the public, the public's best interests and also against basic rights of the public. Yes, apparently government and big social media companies conspired to remove free speech in order to control the narrative desired. theintercept.com/2022/10/31/social-media-disinformation-dhs/And the conspiracy gets even more interesting because surely we would have some kind of law enforcement or legal representation to prevent government from dissemination of propaganda. Sure, if we had seperation of power one might see that. But since we don't have that then there is no surprise the FBI was also involved. "Prior to the 2020 election, tech companies including Twitter, Facebook, Reddit, Discord, Wikipedia, Microsoft, LinkedIn, and Verizon Media met on a monthly basis with the FBI, CISA, and other government representatives. According to NBC News, the meetings were part of an initiative, still ongoing, between the private sector and government to discuss how firms would handle misinformation during the election." Also in the article they reference a web portal within Fascist book (funny how that is fitting when government is working with a company to issue only its version of information that is strickingly similar to what fascism is said to be built on) to allow government officials to report undesirable content. So, when you think someone is censoring your views, and you think government is failing to uphold basic rights by turning a blind eye, it may not be your conspiracy riddled brain - it most likely is just be the truth.
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Post by northernfarmer on Nov 4, 2022 14:56:41 GMT -6
Ken, this may explain the picture as you mentioned The Intercept
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Post by kevlar on Nov 6, 2022 21:21:05 GMT -6
I noticed some big uproar about Elon laying off all the employees at Twitter, yet very little talk about Zuckerberg laying off Facebook employees, wonder why that would be?
I have a question, I don’t completely understand US politics, by the sound of it the Republicans are going win a majority in both the House and Senate. If that happens, would the Republicans technically form the government but with Biden as president?
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Post by cptusa on Nov 7, 2022 3:51:57 GMT -6
I would be very shocked if the Republicans did not take control of the House of Representatives and the Senate.
So yes Republicans could control the House and Senate with Biden as POTUS. It's not uncommon for any mix of those three to happen.
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Post by kevlar on Nov 7, 2022 8:24:45 GMT -6
Ok, haven’t really paid too much attention to how it all worked. Maybe it’s on my radar more now because apparently if people vote for who they think would be the best party and it ends up being the Republicans, you guys no longer have a democracy 🤦♂️
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Post by cptusa on Nov 7, 2022 10:19:35 GMT -6
Well technically they are so wrong it makes them right.
To say if the Republicans win we won't have a democracy is true because we never have had a democracy, it's a representative republic.
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