We The People / Aaron Russo video

[Lloyd Danforth]

I'm thinking that the human mind's power to create anything stops short of Elements Matter

[FrankChodorov]

how so?

Read "The Science of Getting Rich" by Wallace D. Wattles. The book is available as a free download on the internet.

yeah right...

can you summarize the book in a short paragraph?

[Dreepa]

Astatine is an element and it was man made.

[Lloyd Danforth]

Then it is in violation of some law of something or other!

[Dreepa]

BRILLIANT!

[FrankChodorov]

can you summarize the book in a short paragraph?

I cannot do justice to it in a short paragraph. The book is not long, though. You could read it in the time it will take to make your next 458 posts about your "commons" ideas, and you would give everyone else a rest in the meantime.

my time is valuable...who do I send the bill to?

[Rebel Rob]

"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."

Abraham Lincoln

What a sinister quote.  It sounds like Lincoln wanted the government to have the "right" to force the populace to accept whatever currency it devised.  What's wrong with me and my associates issuing our own currency backed by our unencumbered hard assets and enforceable contracts?  Why can't we cooperate in turning our less liquid property into liquid currency and thus become our own lenders in effect?  Who needs a commons?

[CNHT]

my time is valuable...who do I send the bill to?

I believe it is 'to whom do I send the bill'.

[Russell Kanning]

Kat is watching the clips ..... even the clips from this movie are great.

[FrankChodorov]

"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."

Abraham Lincoln

What a sinister quote.  It sounds like Lincoln wanted the government to have the "right" to force the populace to accept whatever currency it devised.  What's wrong with me and my associates issuing our own currency backed by our unencumbered hard assets and enforceable contracts?  Why can't we cooperate in turning our less liquid property into liquid currency and thus become our own lenders in effect?  Who needs a commons?

it was the quote used in the movie

nothing wrong with that...this is nothing more than an individualist anarchist's "mutualist credit bank"

http://en.wikipedia.org/wiki/Mutualism_(economic_theory)

excerpt:
Mutual credit

Mutualists believe that free banking should be taken back by the people to establish systems of free credit. They contend that banks have a monopoly on credit, just as capitalists have a monopoly on land. Banks are essentially creating money by lending out deposits that do not actually belong to them, then charging interest on the difference. Mutualists believe that by establishing a democratically run mutual bank or credit union, it would be possible to issue free credit so that money could be created for the benefit of the participants rather than for the benefit of the bankers. Individualist anarchists noted for their detailed views on mutualist banking include Proudhon, William B. Greene, and Lysander Spooner.

Some modern forms of mutual credit are LETS and the Ripple monetary system project.

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Ralph Borsodi did this in Exeter, NH in the early 70's calling the currency a "constant"

[FrankChodorov]

my time is valuable...who do I send the bill to?

Your time cannot be too valuable when you waste it writing thousands of posts that nobody agrees with. Send the bill wherever you like.

you are being educated as knowledge is part of the social commons...along with currency that we are all entitled to unfettered access to.

[Kat Kanning]

I'm writing a review for the Keene Free Press.  Thought I'd send it along with a recruitment letter for Russo.

[FrankChodorov]

my time is valuable...who do I send the bill to?

I believe it is 'to whom do I send the bill'.

thank you Jane!

are you trying to help me by freely educating?

I am a willing and greatful student...

when are you going to invite me on your show?

[CNHT]

my time is valuable...who do I send the bill to?

I believe it is 'to whom do I send the bill'.

thank you Jane!

are you trying to help me by freely educating?

I am a willing and greatful student...

when are you going to invite me on your show?

Once a teacher, always a teacher I guess...
...and never.

This of course is for your own good because the other two hosts would have a heyday with you.

[Kat Kanning]

But Jane...it's for the children!