Chomsky Warns of Danger of Fascism

[Michael Tee]

<<Notes issued are collateralized by the full faith and credit of the United States Government. The major source of Federal revenue is derived from personal taxes. The point is that if the government is to be the lender of first recourse what it would be doing is loaning the people the very monies that it confiscated from them in the first place.>>

How on earth do you think a bank operates?  It takes money from its depositors and loans it out to its borrowers, some or many of whom may also be its depositors.  What is the BFD?

[sirs]

People give their monies to Banks, OPTIONALLY, and NOT confiscated.  There's your BFD      

[sirs]

Oh, my apologies......Bt (or Ami, or Plane), can you say the same thing so Tee can crawl out of his mentally traumatized hole, to respond.  I'm sure the saloon patrons would love to see the probable reinventing of the words confiscate vs save/invest

[Plane]

When you lend money to a bank you have a contractural relationship withthe bank abnd the money is still yours.

The contractural relationship with the US government is that you will relinquish money to them whether you are getting anything out of it or not ,.... or elese!

[sirs]

There, now he can respond.  Thanks Plane.  I'm confident Tee was itching to want to say something, but just can't get passed the mental trauma of responding to someone that can consistently put his feet to the fire     

[Plane]

There, now he can respond.  Thanks Plane.  I'm confident Tee was itching to want to say something, but just can't get passed the mental trauma of responding to someone that can consistently put his feet to the fire     

MT knows that I think he is wrong just as often as you do.

[sirs]

I don't doubt that, at all