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To: koan who wrote (144597)1/30/2009 11:31:03 PM
From: Rocket Red  Read Replies (2) | Respond to of 313013
 
JUst wipe the slate clean and start over lol



To: koan who wrote (144597)1/30/2009 11:38:57 PM
From: Little Joe  Respond to of 313013
 
Ultimately they will realize that it is stupid to pay banks interest to print money when they can do it themselves at no cost and I think something like that might work.

My crazy idea is abolish the federal reserve and fractional reserve banking. Let the governemnt print enough money to pay off everyone's debt and start over. All debt satisfied, bankers off our backs, everyone shares the pain.

lj



To: koan who wrote (144597)1/30/2009 11:48:13 PM
From: marcos  Read Replies (2) | Respond to of 313013
 
'... special year of remission of sins and universal pardon ... every fifty years, in which slaves and prisoners would be freed, debts would be forgiven and the mercies of God would be particularly manifest...'

en.wikipedia.org

Well the last would be up to each one's private entity, but the rest could be legislated -g- ... there has to be some way to get a bid under US housing, where this all started and where first recovery should show up when bids appear

usa.v - market cap at .14 of approx usd24m, right, and 3m oz/yr production, means for every eight bucks spent on stock you have one ounce silver annually, what other outfit can say that ... and they're not out of cash at all, just conserving what they have [forget how much exactly], and still ready to go ahead on Galena shaft and other ramp-up when metals prices give the go-ahead [Pb, Cu also factors] ... plus if/when the Great Silver Move comes along to any degree, what a perfect ticker they've got to attract new US J6P punters