Are you broke?

[DrEvil]

^^You're not the only one.

[Elihu]

Elihu, all I can say is that I am totally confused.

sorry DnC and Dr e

There is a reason so many powerful people use Jesus, pretending to worship Him, while deliberately twisting His words and ways to fit their agenda for thousands of years.

this is the drift pertinent to us and relates to the general brokeness prevalent today

i think this has an identity and a structure and a purpose. a bad one of course. it's ubiquitious and we just don't realize it.

[chump]

https://youtu.be/VKHFZBUTA4k

[Grizzly]

MAYBE...

"Confusion is a higher state of learning" or processing...

[backtoiam]

If you're next check don't come, you're ass is broke...

The lucky have a check.

The rest are rich...

[Elihu]

the feet of iron and clay they just won't stick together. i know we all pay taxes and fees and licenses all day every day as you transact the business of living but some of these O-bligations such as they are, are a little more discretionary as everybody is required to fill out some paperwork and do some calculations. vote with your actions here in connection with whatever else you are up to. why o why i would ask anyone would you send another check to the pentagon? i say the pentagon because they will kick every poor person they dont incarcerate or kill, into the street before they fire the pentagon

[brekin]

I can't really remember where I read it, but something about all economics being based on religion, something about creating surplus to appease gods I think.
So I guess, maybe, that would explain the religious turn when people talk about their finances.

It would be interesting to know if any RI'ers are fabulously wealthy. I'm sure some are probably financially solid, but it would be interesting to know if anyone with serious dough (again this depends who you talk to) interested in these themes who is a regular viewer/contributor. I'd guess the very rich have better things to do with their time, and the wealthy I imagine have gossip which would probably resemble some of the topics here.

[Elihu]

I can't really remember where I read it, but something about all economics being based on religion, something about creating surplus to appease gods

the shareholders have religion. wouldn't you think?

[brekin]

I can't really remember where I read it, but something about all economics being based on religion, something about creating surplus to appease gods

the shareholders have religion. wouldn't you think?

Sorry, I don't reply to non-capitalized sentences.

[Elihu]

you're in good company

[Elihu]

So Jesus worked for "Caesar"? Is that your point?

my point is one is under the authority of the coin you use.

[Elihu]

Matthew 17

22And while they are living in Galilee, Jesus said to them, ‘The Son of Man is about to be delivered up to the hands of men, 23and they shall kill him, and the third day he shall rise,’ and they were exceeding sorry.

The Temple Tax

24And they having come to Capernaum, those receiving the didrachms came near to Peter, and said, ‘Your teacher — doth he not pay the didrachms?’ He saith, ‘Yes.’ 25And when he came into the house, Jesus anticipated him, saying, ‘What thinkest thou, Simon? the kings of the earth — from whom do they receive custom or poll-tax? from their sons or from the strangers?’ 26Peter saith to him, ‘From the strangers.’ Jesus said to him, ‘Then are the sons free; 27but, that we may not cause them to stumble, having gone to the sea, cast a hook, and the fish that hath come up first take thou up, and having opened its mouth, thou shalt find a stater, that having taken, give to them for me and thee.’

[identity]

New post on economic trends / Basic Universal Income over at runesoup:

http://runesoup.com/2016/10/chaeconomic ... s-edition/

Excerpt:

So if you are a globalist central planner in a Soros-and-friends mould, you need to solve two things:

You need to ‘solve’ a world where 50% unemployment is a reality in such a way that the peasants do not revolt all over your Martha’s Vineyard lawn.

You need to make government debt nominally shrink rather than grow as we head into the future, so that you can raise more of it to give to your corporate friends to provide services that not only used to be run as public services, but were administered more efficiently at a local government level.

You accomplish this endgame of centralisation in the following way:

Step 1. A digital currency -thus preventing hoarding and bank runs- and globally interconnected payment and taxation systems used to ‘fight terrorism’ ie – make sure the last few drops of your money can be shaken from the bottle. Despite some pushback, I’ve been banging this drum since the first trial balloons started appearing around 2012. From Jan 2017 the interconnected payment/taxation regulation comes into effect. This will allow them to dial up and down interest rates to force you to go out and spend. (ie. -5% interest on a savings account and no way of withdrawing your money. Gordon Brown suggested this during the last financial crisis.)

Step 2. ‘Optimise’ government wealth transfers -food stamps, Social Security, unemployment payments- into a single wealth transfer.
Both of these steps get us 75% of the way toward what is the latest trial balloon, the so-called Universal Basic Income.

Without question, government wealth transfers could do with a huge amount of optimisation. I remember a Catherine Fitts example that seems germane: If you have a problem with your foodstamps you call up the private company that the government has contracted the programme out to and speak to someone in a call centre in Mumbai which is a job that was taken out of the country to save on cost that you yourself could have done which would mean you wouldn’t be having a discussion about foodstamps because you wouldn’t be on them, which would save the cost to the government that the eliminated job caused.

But if that were a job run by a state government then how would the private company make enough money to pay for Presidential candidates to come and give them speeches? There is no reason why government money shouldn’t provide a positive ROI in the real -and particularly local- economy. At the moment it doesn’t so that private companies can grow fat delivering a negative ROI service. This is centralisation.

The trouble with a UBI, of course, is that dumping trillions of dollars into the real economy will just mean everything goes up in price by precisely the number of trillions of dollars dumped in. That’s inflation. That’s what it will be used for. It will make their real assets skyrocket in value and make their debt payments essentially moot as they can just print up more dollars.

And in order to ‘solve’ for this inflation, more government money will be given to private food and energy producers to ‘reduce the cost to the end user’. Do you suppose these subsidies will go to your local market gardener? Or will they go to some Big Agri, GMO monster? What does the entire history of government subsidies tell you will happen?

That ‘multi-tier’ approach to a UBI will then spread out to everything else you wish to buy: See what happens to your monthly health care payments if you try to buy cigarettes. Or even if you try to buy ‘discretionary’ or ‘not from a UBI-approved vendor’ food when you have a gas bill due.
So what we will get in the medium term is multiple, non-monetary payment and barter systems on a local level, a thriving black market -already seen in the secondary market for foodstamps- which will lead to further and further restrictions from centralising authorities as they try to clamp down on these desperately-needed loopholes.

Anyone here know more (good links welcome!) about this "globally interconnected payment/taxation regulation" coming into effect Jan. 2017?

[Freitag]

Anyone here know more (good links welcome!) about this "globally interconnected payment/taxation regulation" coming into effect Jan. 2017?

No, but I'd sure like to know more. UBI scares the hell out of me.

[tron]

my head is broken looking at all the news, i dont think any of it is real anymore, i look out my window, thats real.