Termyn8or
Posts: 18681
Joined: 11/12/2005
Status: offline
|
FR
I have to respond to this in the blind because I can't watch the video right now. I would like to know more about this before going into alot of detail.
Any economy is the art of distributing wealth. Just how it is distributed is the crux of the matter. I'll get on my other PC and watch it, but not tonight. But I can speak in general terms.
Actually the Earth and the Sun produce all resources on this planet. We merely reap and sow them, or mine them or whatever. That is undeniable fact, and makes a good case for communism actually, something I did not intend to do but it happens. It is supported by some facts, one of which is you really don't get paid just for owning land. You get paid for the resources if you have mineral rights, or can farm it or use it for some other useful purpose. For example my family bought out of state property decades ago, but without development of some kind it was still worthless. We just stopped paying the taxes on it and let it go. So much for that.
With anything like that you can develop it yourself and reap some profits, fairly actually because in reality you are getting paid for your work and effort, either that or a shrewd business deal which would allow someone else to develop the land and give you a cut of their profit, such as those with gas wells on their property. I've known a couple of people with them. You know what is under gas right ? Oil. Not ALL the time, but alot of times, and you need a pool of it big enough to make it worth the drilling costs.
Now in the Communist Manifesto it states one of the planks is to eliminate inheritance. One would assume then that when one dies that all they have worked for will be taken. Is this right or wrong ? On one hand one of the biggest problems in this world is big, old money. No Man could make as much money. This is passed on with the Parents' attitude to try to keep it. To keep the machine going. The people who built the current financial system probably did forsee it's ultimate demise, but it wasn't going to happen in their lifetime. Today's moguls got the money by inheritance, but they also got their knowledge by inheritance.
Continuing my point about the political/social aspect of this, which might run off topic a bit, is the graduated tax system. It's pretty clear the soon we won't even be able to pay the interest on the national debt. Taxes mean nothing. I know noone who will chide someone for not paying taxes, as if they really knew why I agree. They have their own reasons. But the fact is that if everyone would just pay say ten or twelve persent, and there are no deductions of any kind the tax base would increase drastically. But no, the system of taxation in this country has become a tool of social engineering, and has been for quite some time. Anyone with a real brain will figure this out by simply studying the tax code. And the reason this finds pertainence to this topic is because taxes are largely nonproductive in any meaningful form, and RESOURCE means something of value. Yes they build roads and all that, but notice that many of them require a levy or something ? That's because someone is stealing all the money they can get. There's noting left for what they were SUPPOSED to do with the money in the first place. I have firsthand knowledge of this. All part of the game.
Yes I will watch the video soon and probably be froth with opinion and portent as well. But the root problem of any economy or government, for that matter, is because of people. As long as the people are how they are, things will stay the same until the whole house of cards collapses.
As such we probably will need some sort of alternative method of doing business. Barter isn't the worst option, but the value of goods traded needs to be accurately measured, thus we are back where we started, with a currency of sorts whether real or fiat. You might walk into a store and trade a bunch of sheepskins or whatever for say a side of beef. Well just how many sheepskins do you need to bring to get the beef ?
Salt was used at one time, but was abandoned. It actually has important home and industrial uses. I would crack a joke and say that's WHY it was abandoned. The PTB would never put up with a system in which currency had so much value, and now real salt is very expensive. I paid five bucks a pound a while back and stocked up on it. Today the stuff I have costs three times as much at least. How does that compare to gold or silver, which have no home uses in reality compared to salt ? Mind you this is not regular table salt, this is like the stuff they used thousands of years ago. More on that some other time, avoiding a hijack here.
The fact is that any financial system will have problems at the top, but the reality is that those at the bottom actually are the ones who create wealth. Unless those at the top stop stealing it, no system will work. It must be changed from the ground up so to speak.
Must go.
T
|
RE: Food for Thought - Moving Towards A Resource-Based ... - 
Profile
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread