Domain: endthefed.us
Stories and comments across the archive that link to endthefed.us.
Comments · 8
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That 2%:
That 2% that is screwing over the other 98% is known as the Federal Reserve. The Fed is responsible for jacking around with our money supply to create inflation. Apparently it's not enough that they steal our money by inflating it away; they add insult to injury by hitting us with capital gains tax.
End the Fed! -
Hey, ya know: screw the dumb stuff
If you blow away the 16th Amendment, you can repeal the entire IRS, and the cell phone tax en piss-ant.
Rock on, Leahy: you're a true patriot.
Save the other barrel for the Federal Reserve.
Amputating moral hazard is a bipartisan concern. -
Re:Skewed Priorities
Corporatism is another word for fascism. It's a government/business partnership.
I really want people to realize this, because it's actually just as opposed to free-market and laissez-faire "capitalism" as socialism and communism is. Actually, what lots of people don't realize is that the word "capitalism" has never existed anywhere in the framing of the US legal system. It was a word coined by Karl Marx to vilify the free market economy. The USA was never "capitalist", it was "free".
The free market economy means just that. It has absolutely no bias. It does not play favourites. It does not take from one group and give to another. The people are always in control. Every penny spent in the market is a vote. A company can become extremely huge and "successful" only through satisfying the people's needs. A rich person can easily become poor if he fails to satisfy the people's needs in the market. Only through government protection can a rich person permanently stay rich.
Corporatism / Fascism, on the other hand, is when government starts giving hand-outs to big business at the expense of everyone. It starts with trade barriers and tariffs that are sold to the people by claiming that it will "save jobs, preventing them from going oversees". Antitrust regulations, imposed for the fallacious reason of protecting the free market, are actually favoured by the very companies the people think they're designed to hurt. They actually help them by making it very expensive for new competition to enter the market. Any kind of regulation, when you really examine their effects in detail, almost always do the opposite of what the people were told they would accomplish. Safety regulations that are imposed on all businesses, indiscriminately, favour massive corporations who can easily comply with them, while restricting new businesses who have limited capital etc.
Labour unions also play a role but what is extremely sad is that they do not realize it. They consider themselves exploited proletarians who need to balance the power. In some cases they're right. They are being exploited by a monopoly and have little where else to seek employment. What they do not realize is that they help to further deteriorate the situation by restricting competition in the labour market and further distorting market prices for labour. This creates institutional unemployment, making the situation worse for themselves, but also adding fuel to the cause of government and corporations by giving them an excuse to claim that we need further intervention in the market to stop unemployment.
The last thing that needs to be pointed out is that the single biggest advance in the pursuit of corporatism / fascism in the USA is the Federal Reserve. Contrary to what many laymen believe, the Fed is not government-owned. They are as federal as Federal Express. They are a PRIVATE corporation with special privileges that make it impossible for the government to so much as audit them. By controlling the entire supply of money they cause the boom / bust cycle, promote malinvestment by artificially influencing interest rates, HEAVILY influence government policy (Tim Geithner, the Treasury Secretary, is the former President of the New York Federal Reserve Bank!) and directly cause inflation every time they print more money. Increasing the supply of money lowers the value of the dollar, causing prices to rise. Many people are concerned that all of the government's current spending projects is directly caused by ill advisement on the part of the Fed, and is a plot by the bankers to deliberately cause people to lose confidence in the US dollar in order to establish a new "North American Currency" similar to the Euro. The same thing was done in Germany in 1923 by running the printing presses. It's called hyperinflation. For more info see: http://endthefed.us/
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Re:Nothing New
You think life without the banks is something you actually want?!
Of course not. But life without these enormous banks that hold so much power need to go. Smaller regional banks, an end to fractional reserve banking, an end to the Federal Reserve, and a gold-backed currency needs to be the future.
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Re:Cash
This is why I use federal reserve notes for everything I can. I bought my Wii with federal reserve notes. I bought my PS3 with federal reserve notes.
But then you don't get rewards points!
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Re:Cash
This is why I use federal reserve notes for everything I can. I bought my Wii with federal reserve notes. I bought my PS3 with federal reserve notes.
-- End The Fed
Irony?
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Cash
This is why I use federal reserve notes for everything I can. I bought my Wii with federal reserve notes. I bought my PS3 with federal reserve notes.
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Cool.
Now when are Americans going to get off their lazy asses and get the federal government to stop bailing out failures and stop devaluing our currency? When are you going to End the Fed and demand sound money?