11-04-2007, 03:28 PM
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Confirmed User
Join Date: Jul 2006
Location: Canada
Posts: 3,143
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Yea ok... pocketkangaroo... lol
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Originally Posted by pocketkangaroo
What does that have to do with the inaccuracies in the Zeitgeist movie? Someone points out errors in it and you start copy and pasting analysis of our economic system from Canadian research groups. Just don't see what the coorelation is here.
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Lets review... O before we do perhaps you should use a spell checker... you spelled "coorelation" wrong its correlation!
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Originally Posted by pocketkangaroo
I'm watching the part on the Federal Reserve. It's not even 5 minutes in and the whole basis for it is completely false. The government doesn't pay interest on money it receives from the Federal Reserve.
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Where I went on to disagree with you by saying the following...
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Originally Posted by Balalsubturfyooj
pocketkangaroo yes it does...
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and
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Originally Posted by Balalsubturfyooj
As far as I understand it the US Treasury is its own institution... and no it's not basic economics...
Later,
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You went on to say:
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Originally Posted by pocketkangaroo
It's not its own institution, it's a cabinet department that works under the President.
As for whether it's basic economics or not, that's up to your perspective. It was in my freshman Economics class in college though which I assume is fairly basic.
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I went on to give an example on how people could have came up with their point of views, however I have seemed to have lost you at this point... also I went on to make a correction that you had made regarding the President...
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Originally Posted by Balalsubturfyooj
"since the Federal Reserve-induced recession of 1979-1983, every period of economic ?growth? under the monetarist system has been a bank-created bubble."
"In other words, there should be enough cash and credit in circulation to purchase what industry can produce, and for people to obtain what they need for a decent life, without our economy constantly having to go deeper and deeper into the red."
by: http://www.globalresearch.ca/index.p...xt=va&aid=6401
O and its "Executive Office of the President"... the "President" is a figure head of the office who has powers underneath his or her office as to conduct it's business... |
So since you have a hard time tracking what I had said... then I will simplify things for you... You had indicated that you thought the Zeitgeist movie had too many inaccuracies and I disagreed and tried to give some proof that what they were saying in the move is true regarding the US Treasury being it's own institution and charging interest...
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Originally Posted by pocketkangaroo
What does that have to do with the inaccuracies in the Zeitgeist movie? Someone points out errors in it and you start copy and pasting analysis of our economic system from Canadian research groups. Just don't see what the coorelation is here.
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Then you went on to remark that you did not like how the Canadians research groups report things on the economic system of the US and that you could not find a correlation with the two examples that were given... and then continue to say you could not follow and that you did not see... hmmm a "coorelation" and thats where I correct your spelling mistake seen up top...
Any questions ???
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