Comments by "boz" (@BOZ_11) on "The Real News Network" channel.

  1. @2minstral "Deflation is everyone selling their goods for lower prices" Commodity prices do not vary, instead it is money that varies in value. When prices drop in a deflation, it isn't that those things are worth less, it's that the purchasing power of every dollar has gone up. So it isn't a price drop at all! Deflation/inflation I think is only important when considering liquidity and properly assessing one's return on investment
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  2. @thegodsend and what if the whole world's a plantation?
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  3. @wtfbroskie nice comment! inflation is expansion of the money supply. wages have nothing to do with currency issuance. "inflation is businesses raising prices" - so inaccurate. almost clown like
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  4. Atheists form a belief without the knowledge to form the basis for said belief. Atheists do not know that there is no deity, they merely believe it. Belief isn't knowledge. Theists believe in the personal god, and there is no evidence whatsoever to suggest such a thing exists, yet they believe it. Belief isn't knowledge. Both sets of people hold a position that is dogmatic, and dogma is the central tenet of religion; hence atheists exhibit this trait of religiosity. Atheism is a religion.
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  5. @PersianPaladin within the debt based monetary system i believe henwood is right. if we have debt free currency issuance, schiff is right; we won't get sound money back though, e.g. u.s notes/greenbacks. these fed notes are here to stay i think
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  6. @BOZ11 a state oligarchy which shares much with today's corporate/state collusion.
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  7. @Ex0dus111 "But u cannot dumb down all political proccess" - I call for succinctness, not a dumbing down. Not the same thing. "even if u do the talking heads on television can spin anything" aka, can't win don't try? I don't subscribe. "we elect ppl who should know better" - They don't. "direct democracy wouldnt work any better." - This is unfounded, and especially dubious given the abysmal record of representative "democracy"
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  8. @DonVoghano blood fuels technological innovation? "the internet, along with aviation & space travel are anomalies in a sea of new techniques to kill more people in a quicker time frame!". that's the kind of innovation you're after? barbarism facilitates theft of resources which might precipitate some new technologies, but it's both inefficient and costs thousands of lives. not a good trade off! pacifist my arse
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  9. I agree, TRNN beats 99% of political TV programming; no question about that. My criticism of it is my own
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  10. It's about justice, and racism. I'm sure if someone stalked and shot you, you would want the perpetrator caught and imprisoned. It's this very double standard held by racist whites that impedes justice
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  11. The Sentinel asked Tom Owen, a forensic consultant, to analyse the 911 call that had been made by a woman in the Retreat at Twin Lakes gated community [..]. Using voice identification technology, he said he had found a 48% match between the recording and a separate tape of Zimmerman's voice. But given the clarity of the recording, Owen estimated that a 90% match should have been achieved. "As a result of that, you can say with reasonable scientific certainty that it's not Zimmerman".
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  12. No shame in that. It's one of the better political shows
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  13. Because he's Zimmerman's brother. The choice is between hearsay and video evidence
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  14. @EyeOfScrutiny "If by liquidity you mean the Federal Reserve printing more money out of thin air to "inject" liquidity" The more labour and commodities we have, the more currency we need to keep the economy liquid. Common misconception by many is that fiat currency is unbacked. It's actually backed by all labour and commodities. Inflating currency is only bad when there is no new labour or commodities to go with it; for this is stealing from all those who hold any money. These are basics
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  15. @thegodsend what are you talking about?
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  16. @slobomotion That's one trade agreement between two countries. The vast majority of countries on earth trade oil in dollars. Do not be pedantic.
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  17. @EyeOfScrutiny "do you want more money or do you want more purchasing power." if u have no money it doesn't matter how much purchasing power money has. that means u starve if u can't afford food. liquidity is important
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  18. @aSheeple I can't be sure if you have enough wherewithal to know that all u did (in the comment that I replied to) was make assertions lacking substantive argument. If you had a substantive argument, I might have something to repel, using (guess what?) substantive argument! The ball never left your court.
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  19. @3LARI hear hear
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  20. @ytgv3fc7 right, nanograms. because gold dust is easy to handle. the cost of manufacturing amalgam coins with nanogram quantities of gold would drive up the manufacturing cost of minting the coin to the point where the coin is worth more than it's constituent parts.
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  21. @Unkn0wnGuy or good morning! it's 1am here :) one last thing i wanted to say is that fiat money is fine so long as it's issued debt free. nn
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  22. @DonVoghano that was exactly my point....
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  23. @rea1001 The founding fathers were rich slave owners who were frightened of democracy since they wanted to maintain their slave master position. By making the U.S a republic they consolidated power within the legal and political sphere and away from the people. Case law is the only legitimate law, since acts and statutes are decreed/written by corrupt and/or foolish individuals. The prison industrial complex is proof that rule of (statute) law is despotic
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  24. @Unkn0wnGuy longer term i can see it being dropped, but it won't lose it's reserve status until every oil exchange is trading in something other than u.s dollars. The rest of the world is absorbing U.S inflation so for the time being the u.s can keep printing money. Chipping away at the deficit only destroys money. Need to redistribute currency from wall street to main street. Better yet, bring back debt free U.S notes and end the fed
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  25. @hyperboreean "The scientific consensus is that temperatures are rising" When did facts become a matter of consensus? Is the truth a poll? I'd rather see a graph of average global temperature from at least 50 years ago to today. Why didn't you link him a graph via PM? However, there is a margin of error and it would be good to know what it is given that there are reservations about the state of many weather stations around the globe and thus the validity of the data they contribute
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  26. "By encouraging wealth GENERATION. Not simply for ppl at the top, but everyone" We need decentralised currency for that to happen, and I don't see that happening anytime soon. Bitcoin won't grow to be a big enough threat but it's a nice complementary currency. "How the heck do you think China, a country with virtually NOTHING to offer anyone" Au contraire, labour creates wealth, and this they have in abundance. A pity the top few % will siphon most of the wealth generated by all that labour
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  27. 13:52 He couldn't keep a straight face when mentioning the "magic hand & capitalism". Hahaha
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  28. You checked my profile, so you're not exactly guessing.
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  29. Yes it will, resulting in Zimmerman's arrest and conviction for murder. They said Zimmerman's head was continually slammed into the concrete pavement, that his nose was broken, and that Trayvon (weighing 80lbs less and armed with a packet of skittles) beat him to a pulp. We've known Zimmerman's family accounts are lies since the ABC video I referenced earlier.
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  30. @slobomotion Every oil exchange in the world trades in dollars, therefore U.S monetary inflation affects any country that imports oil, i.e ALL countries. USA is exporting their inflation
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  31. @blackiron60 The elites shouldn't be running anything. ALL politicians should be delegates who are forced by law to act in the way that public opinion polls and referenda dictate. Additionally, power should be distributed to the local level, where each municipality spends its budget according to the wishes of local people, whose money it is. Politicians could be independent on small/insignificant budgetary matters since they shouldn't bother the public at every turn; a spending threshold
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  32. @407buddy we're already in serfdom when u consider public and private debt levels. since money is debt it's impossible to pay off without destroying all the money. no debt means no ability to make transactions. the only way out is to issue debt free greenbacks again like lincoln did. that in itself will kill the leech that is the fed. the problem is the fed recalled them all and replaced them with fed notes.
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  33. TRNN should be given an award for making the most important topics seem dry and boring.
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  34. @407buddy they have law enforcement to make u pay your bills or pay your taxes. it's not like being a conscientious objector during war time where you'd be free to opt out.
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  35. @hyperboreean additionally, any graph plotting from 1880 is essentially a propaganda chart since temperature readings from the end of the 19th century into the beginning of the 20th are essentially quasi-global. They're marginally useful as a rough guide but far from being acutely accurate
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  36. @mcamelyne "Schiff is heartless" in a wholly unethical way, since he said he believes that ppl who paid into SS their whole working lives shouldn't get their money back! imagine if schiff's private pension fund didn't pay up on retirement! he'd have soo many lawyers converge on that company the sky would turn black from all the suits. he also only cares for rich ppl, since he didnt think that those bailed out bankers should be taxed for the tax payer to get it's money back
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  37. You misread my comments
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  38. @magichandpuppet You're under the impression I was unaware
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  39. @djdnauk1977 Socialism is failing? It was never tried. Corporatism is fascism, not socialism
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  40. @bigge525 How they would handle monetary policy? Do you even know what you ask? It shouldn't be a private entity's job to inflate & deflate the money supply! Can you guess why? Might it be that the dozen or so banking families who own Fed' stock would act in their own self interest? Here's some research for you, Google: Jekyll island, 1913, Rothschild, Warburg, Morgan, Woodrow Wilson.
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  41. @glennd7962 government doesn't print money, banks do. why would govt borrow at interest if they could print money interest free??
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  42. @bigge525 The fed does nothing but print money. we get rid of it and have the treasury print money and avoid paying interest to the fed. there u go! you're welcome. come again
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  43. @djdnauk1977 There is not, nor has there ever been any such thing as a free market, except in classroom theory.
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  44. "completely different than income equality. You've stated mass income redistribution" And how do you think we get massive income inequality without a redistribution? Massive income discrepancies are never the default position but since the inception of capitalism we've seen a perpetual redistribution of wealth, and the engines driving it are corporations, who externalise costs via govt subsidy, environmental pollution, diminishing salaries (inflation adjusted) etc etc.
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  45. It's been argued successfully for some time now that the two parties are essentially two different factions of the same party. Both do the bidding of business interests. Additionally, you're naive if you do not believe business interests will not infiltrate all nations. As I write this, German water and rail have been opened up to privatisation. There will be more public money flowing to private companies.
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  46. @elouwen apparently you're unaware that the main reason the U.S went to Iraq was to stop Saddam having oil on the Iraqi exchange traded in anything but U.S dollars. Yes, potentially Russia and China's actions may inspire others, but not all nations have the clout and military of russia and china. Wake me up when it's more than a tiny handful of nations. Until then, my point will continue to stand no matter how many people respond to this post. The U.S export their inflation to much of the world
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  47. @EyeOfScrutiny So there is no misunderstanding, it is clear that the govt's quantitative easing plan (since u asked) is purely to create new unbacked currency, therefore it is legal counterfeit. Each new unbacked dollar devalues all existing dollars in circulation. If there is a liquidity problem it isn't because of a lack of currency but because the money supply is heavily concentrated with the banking sector, especially since the bailout. All other sectors are squeezed
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  48. @cool70200 only thing is, she doesn't understand that paying off all debt isn't possible, not for the reason she outlined (flattened economy) but because money is debt. to pay off all debt is to destroy all money. /watch?v=rC720Cl3N-0&feature=related it's a farce
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  49. @aSheeple You don't know what you're talking about and quoting Friedman is a good reason to face-palm
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  50. @ytgv3fc7 idd the only requisite for socialism is collectivised industry/business, but ppl equate socialism with the USSR, even though the USSR was not socialist, it was a state oligarchy.
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