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Scroungers and Parasites

EFLImpudence said:
Money is a number someone is allowed to put in a column.
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Interesting isn't it?
My query stems from this article by the Guardian back in March 2014:

https://www.theguardian.com/commentisfree/2014/mar/18/truth-money-iou-bank-of-england-austerity

Which asked the question: Why is austerity necessary when money is created from nothing?

a snippet:

But politically, this is taking an enormous risk. Just consider what might happen if mortgage holders realised the money the bank lent them is not, really, the life savings of some thrifty pensioner, but something the bank just whisked into existence through its possession of a magic wand which we, the public, handed over to it.

The article also referenced a publication by the bank of england which quoted that money is created on the issuance of new loans!
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q102.pdf

a snippet:

Rather than banks receiving deposits when households save and then lending them out, bank lending creates deposits.

You can also read the 'red book' published by the bank of england which states the same thing?

So not everything is as we believe, nor is it always funny

lmfao
 
Have quickly read the article, It completely throws the standard money system out of the window. The bank of England was given control of the economy so the chancellor could no longer use the interest rates for their own interests. But I'm not sure who controls the money supply. When more money is introduced into the system, then the value of that already in the system gets devalued, but it also stimulates the economy as there's more to go round. Now if new money is created when someone takes out a loan, that implies that it's not real money, just electronic numbers. But if that's the case, then how can you get a run on a bank; but if the new money that was created by the loan then gets used as collateral for another loan, then yes, there's a bubble that could well burst.
 
Doggit said:
But I'm not sure who controls the money supply.
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Well the bank of england is government....isn't it???

But then why does the bank of england charge interest on the 'money' it lends our government, against the bonds our government creates in our name?
If the bank of england is....us (our countries bank, our money) then why do they charge us interest on our money which they create from nothing??

lmfao
 
Why not just close the loopholes the clever accountants exploit for their rich clients?
 
Gerrydelasel said:
How about guy on minimum wage owes £1k and the millionaire also owes £1k?
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How did I predict you were going to say that??:)

That is plainly not fair, which is why taxes are based on a percentage of what is earned.

Nevertheless, it would be another kind of 'fair', would it not?
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No, as above.

Owing
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something to someone is not the same as theft from that person. Until you hand it over it is still your property. Steal a lettuce from the supermarket and you have stolen a lettuce. You haven't stolen the lettuce and the 30p still in your posession, which you owe.
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Have you tried arguing this with HMRC? They will want interest off you.
 
DaveHerns said:
Why not just close the loopholes the clever accountants exploit for their rich clients?
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Well thats a question isn't it?

Why wouldn't wealthy government officials close loopholes used by wealthy accountancy corporations which allow wealthy individuals who make huge donations through their corporations to support wealthy politicians?

Now let me consider this question....????.......No sorry cant work it out but maybe theres something on tele I have only seen two or three times?

lmfao
 
securespark said:
That is plainly not fair, which is why taxes are based on a percentage of what is earned.
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'Plainly'? By that same logic everything should be means tested. I can afford to pay more for milk than my neighbour, therefore I should be charged more for milk. Alan Sugar should be charged even more than me. Why is that plainly fair?

Another type of 'fair' would be for everyone to pay the same percentage of their income in tax. But we don't even do that. We have thresholds where new percetages kick in, instead!

Have you tried arguing this with HMRC? They will want interest off you.
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But they wouldn't be trying to get me to hand over their money, They'd be declaring I owe them money, and coercing me to pay. But they would never claim it's their money (exactly which of my many pound coins would be their property, exactly?)
 
I'm not sure when the rot started, but at some point governments no longer became the servants of the people, but their masters, and so the rot set in. Now the NHS pay themselves for failure, the police consider their perks to be their right, and HMRC have become useless at their job. Now everyone in officialdom feels it's their right to get as much out of the system as possible. And it's the small people like us that support the corruption through our hard work and efforts.

Labour were a necessity when the mill owners treated the workers like cattle, but do they serve a purpose now, and as for the Liberals, the less said the better. I feel the current political system needs a shake up, and they need to remember that they are supposed to be "of the people, by the people, and for the people", and not just for themselves. And they should definitely have to have had a proper job for at least 10 years before they can become an MP.

Does any of them know how to run the country, or even what they are doing.
 
Doggit said:
Labour were a necessity when the mill owners treated the workers like cattle, but do they serve a purpose now, and as for the Liberals, the less said the better.
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Don't vote for them, then.

I feel the current political system needs a shake up, and they need to remember that they are supposed to be "of the people, by the people, and for the people",
and not just for themselves.
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Well, that is the American constitution and it doesn't quite work like that there, does it?
(That is why Trump is so popular; everyone is totally fed up with the system(s). They just want someone from outside who hasn't been a politician all their life. As Michael Moore said "It will be a massive 'f*ck you' vote".)

I doubt you will find anything here that is similarly worded.
You are a subject of the Queen - without the EU.

And they should definitely have to have had a proper job for at least 10 years before they can become an MP.
Does any of them know how to run the country, or even what they are doing.
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I think you are under the illusion delusion that they are there for your benefit.
 
Gerrydelasel said:
'Plainly'? By that same logic everything should be means tested. I can afford to pay more for milk than my neighbour, therefore I should be charged more for milk. Alan Sugar should be charged even more than me. Why is that plainly fair?
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Well, there's no tax on milk but that would be a bureaucratic impossibility, wouldn't it? So, it's done through income tax.
 
Scroungers and Parasites

Ok lets consider these words as they relate to humans?

A parasite is one who uses another.
The fact that banks create money from thin air and then charge interest on the principal define them as a paradisaical forms of being.
The fact that you have never been taught or actually tried to learn, about how money is created is no excuse.
They use you and you thank them for bending you over! How stupid is that?
Well it would seem not stupid enough, as then you teach your own children, who you profess to love, to also bend over in your image?
You cannot make this sh*t up!

A scrounger is one who will not take self responsibility, thus living off of others.
Therefore ALL humans who work for government are scroungers as they create NOTHING, define NOTHING for their own nature, have NO MORALS of their own, produce NOTHING of value and only wish control over another!
Government MAKES NOTHING except rules which limit the human race as a species.
6 million rules defining a limited liability?

I consider it time for you all to think!

Being well adjusted to a profoundly sick society is no sign of sanity!

Think about it ffs

:rolleyes:
 
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