The 4 Freedoms Library

It takes a nation to protect the nation

This is the very best and the simplest that I have seen the world's economic turmoil explained. It is put in terms that a twelve year old can understand and explains how we got where we are, why we can't get out of it, and where it is leading. This is a video that covers our current financial practices. It does not delve into financial manipulation, or a New World Order conspiracy...simply economic practices that are destined to fail. Everyone who watches this will better understand that what we are seeing ahead is an oncoming train.

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It doesn't seem reasonable that anyone would consider borrowing 'infinite' amounts of money. Money borrowed costs money. The more you borrow the more it costs and the more you have to borrow to pay back what you owe.

Unless Bloomburg is saying America will never pay it back. Or that no one will ask for it back, I really don't know what he's trying to say.

In monetary terms you can only borrow what is reasonable and possible to pay back. Or people come and take what ever you've put up as collateral.

  

Bloomberg: America Can Borrow ‘Infinite Amount of Money’     


bloomberg_smiling

Billionaire New York City Mayor Bloomberg says that, unlike American  households, the federal government’s debt does not matter because “people do  seem willing to lend us an infinite amount of money.”

It’s not like your household. In your household, people are saying, “Oh, you  can’t spend money you don’t have.” That is true for your household because  nobody is going to lend you an infinite amount of money. When it comes to the  United States federal government, people do seem willing to lend us an infinite  amount of money.

Continue Reading on www.breitbart.com  ...

 

Bloomberg is an idiot and the ravings of idiots are the perfect panacea for those who don't choose to deal with reality and we have a lot of those on hand. Were that not so the Hussein of the White House would not have been reelected. Gonna be a rough ride in the very near future. It will be a good wake up call for the those who reject reason and reality. Woe to the wicked!!!

Danny

And as the unsinkable Titanic slid into the icy waters, the band played on.

I believe that their final tune was "Nearer My God To Thee". None too certain that would be appropriate for those who elected our dictator. 

The trouble is, as with the Titanic. The Captains are not going to go down with the ship. It will be the innocent who will find themselves nearer to god long before our noble men. Death is a price paid by the loyal and the principled at moments in history that we are approaching. Long gone are the days when the king was expected to lead a charge.

Our lives will be decided by men hiding bravely in underground bomb, (and people) proof temples for the grandiose.

"people do seem willing to..."

How can he be such a moron?  People are willing to lend the US a huge amount of money, because it is currently the world reserve currency, so by definition, it is safe.

But that argument begs the question, "Why do people accept use of the Dollar as world reserve currency?"

There are good reasons for it right now, but one day, there won't be.

By “Punishing” France, The US Just Accelerated The Demise Of The Dollar

Not even we anticipated this particular “unintended consequence” as a result of the US multi-billion dollar fine on BNP (which France took very much to heart). Moments ago, in a lengthy interview given to French magazine Investir, none other than the governor of the French National Bank Christian Noyer and member of the ECB’s governing board, said this stunner at the very end, via Bloomberg:

  • NOYER: BNP CASE WILL ENCOURAGE ‘DIVERSIFICATION’ FROM DOLLAR

Q. Doesn’t the role of the dollar as an international currency create systemic risk?

Noyer: Beyond [the BNP] case, increased legal risks from the application of U.S. rules to all dollar transactions around the world will encourage a diversification from the dollar. BNP Paribas was the occasion for many observers to remember that there has been a number of sanctions and that there would certainly be others in the future. A movement to diversify the currencies used in international trade is inevitable. Trade between Europe and China does not need to use the dollar and may be read and fully paid in euros or renminbi. Walking towards a multipolar world is the natural monetary policy, since there are several major economic and monetary powerful ensembles. China has decided to develop the renminbi as a settlement currency. The Bank of France was behind the popular ECB-PBOC swap and we have just concluded a memorandum on the creation of a system of offshore renminbi clearing in Paris. We have very strong cooperation with the PBOC in this field. But these changes take time. We must not forget that it took decades after the United States became the world’s largest economy for the dollar to replace the British pound as the first international currency. But the phenomenon of U.S. rules expanding to all USD-denominated transactions around the world can have an accelerating effect.

In other words, the head of the French central bank, and ECB member, Christian Noyer, just issued a direct threat to the world’s reserve currency (for now), the US Dollar.

Putting this whole episode in context: in an attempt to punish France for proceeding with the delivery of the Mistral amphibious warship to Russia, the US “punishes” BNP with a failed attempt at blackmail (recall that as Putin revealed, the BNP penalty was a used as a carrot to disincenticize France from concluding the Mistral transaction: had Hollande scrapped the deal, BNP would likely be slammed with a far lower fine, if any). Said blackmail attempt backfires horribly when as a result, the head of the French central bank makes it clear that not only is the US Dollar’s reserve currency status not sacrosanct, but “the world” will now actively seek to avoid USD-transactions in order to escape the tentacle of global “pax Americana.”

And, the biggest irony of all is that in “punishing” France for dealing with Russia, that core country of the Eurasian alliance of Russia and China, the US merely accelerated the gravitation of France (and all of Europe) precisely toward Eurasia, toward a multi-polar (sorry fanatic believers in a one world SDR-based currency) and away from the greenback.

Or shown visually (as we have ever since 20120).

Meanwhile, somewhere Putin is still laughing.

http://www.globalresearch.ca/by-punishing-france-the-us-just-accele...

This is the best explanation I've heard of the proper control of money.  Forbes proposes that we return to a Gold based dollar.  This is how I see that system working.  

Objects of value are created in society and are put on the market.  Objects of value are created by someone making a chair, or someone selling the carpenter the wood for the chair, or someone leasing the land for growing the timber.  Note that the last person does not do anything, and they didn't even create the thing that generates value - but its not necessary to go into a whole philosophical spiel about that.  You also don't go into an exhaustive (and impossible) enumeration each day, of the new objects of value that have been created or generated.  You simply let the market decide.  You don't have to use a (highly debatable) RPI either, you can use the gold sales as the marker. There are two scenarios.

A: The Gold price is falling:

  • therefore dollars held now, will buy more in 3 months time
  • therefore people convert their gold to dollars, to protect and increase their future buying power
  • this results in a net inflow of gold to the treasury
  • that inflow, is the signal to print more money
  • that money corresponds to the extra objects of value that have been converted, and the money is needed to act as proxy for that value, and allow those objects to be traded
  • until the money supply has caught up and corrected, the value of the dollar in gold could be increased, to quieten the market?

B: The Gold price is rising:

  • therefore dollars held now, will buy less in 3 months time
  • therefore people convert their dollars to gold, to protect and increase their future buying power
  • this results in a net outflow of gold from the treasury
  • that outflow, draining the reserves, is the signal to stop printing money, and wait until more objects of value have been created
  • what has happened is that more money has been printed (in scenario A) than the value of new goods created, hence too much money is chasing too few goods, pushing the price up
  • until the money supply has caught up and corrected, the value of the dollar in gold could be reduced, to stop the reserves being drained?

Forbes outlines the two scenarios starting at 2m55sec.

The Great Degeneration: How Institutions Decay and Economies Die  (30 May 2014)

Niall Ferguson, a senior fellow at the Hoover Institution, discussed the falling quality of American institutions in his talk entitled "The Great Degeneration: How Institutions Decay and Economies Die." His book of the same name is available on Amazon. Ferguson focuses on China and the United States as examples of institutional improvement in the developing world and institutional degeneration in the developed world, emphasizing economics, politics, and education policies. 

RSS

Muslim Terrorism Count

Thousands of Deadly Islamic Terror Attacks Since 9/11

Mission Overview

Most Western societies are based on Secular Democracy, which itself is based on the concept that the open marketplace of ideas leads to the optimum government. Whilst that model has been very successful, it has defects. The 4 Freedoms address 4 of the principal vulnerabilities, and gives corrections to them. 

At the moment, one of the main actors exploiting these defects, is Islam, so this site pays particular attention to that threat.

Islam, operating at the micro and macro levels, is unstoppable by individuals, hence: "It takes a nation to protect the nation". There is not enough time to fight all its attacks, nor to read them nor even to record them. So the members of 4F try to curate a representative subset of these events.

We need to capture this information before it is removed.  The site already contains sufficient information to cover most issues, but our members add further updates when possible.

We hope that free nations will wake up to stop the threat, and force the separation of (Islamic) Church and State. This will also allow moderate Muslims to escape from their totalitarian political system.

The 4 Freedoms

These 4 freedoms are designed to close 4 vulnerabilities in Secular Democracy, by making them SP or Self-Protecting (see Hobbes's first law of nature). But Democracy also requires - in addition to the standard divisions of Executive, Legislature & Judiciary - a fourth body, Protector of the Open Society (POS), to monitor all its vulnerabilities (see also Popper). 
1. SP Freedom of Speech
Any speech is allowed - except that advocating the end of these freedoms
2. SP Freedom of Election
Any party is allowed - except one advocating the end of these freedoms
3. SP Freedom of Movement
The government can import new voters - except where that changes the political demographics (i.e. electoral fraud by means of immigration)
4. SP Freedom from Over-spending
People should not be charged for government systems which they reject, and which give them no benefit. For example, the government cannot pass a debt burden across generations (25 years).
An additional Freedom from Religion is be deducible by equal application of law: "Religious and cultural activities are exempt from legal oversight - except where they intrude into the public sphere (Res Publica)"

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