Forum Post: Rich people and lack of handouts are not my problem.
Posted 13 years ago on Oct. 19, 2011, 4:03 p.m. EST by hunt307
(4)
from Orlando, FL
This content is user submitted and not an official statement
Im not angry that rich people aren't spending their money. I'm not angry that the government isn't paying for my school or healthcare. I'm not angry that corporations aren't being taxed. I'm angry that we have a central bank that is allowed to counterfeit our currency, fully allowed to steal from you and me by printing new money without a limit. This is the bottom line for me. This is what makes me want to stand up and do something - our powerlessness over the value of our dollar, the fear that there is no limit to what they will take, and by they I do not mean wallstreet.
This country is becoming a dictatorships. Give it another 10 years and we will switch places with China. Give it 20 and we will be a North Korea. I really hope all the cops out there remember the constitution this country was founded on when this all starts to go down.
I think there will always be problems with money so long as it is possible to hide it. We should do away with money. We're depleting our resource of paper.
I like the way you think, what do you think would be a sufficient substitute?
I've said it many times so I feel like a broken record player, but my bet is on a completely visible, traceable, and international system of compensation based on 'credits' and 'debits'.
Credits will be for services rendered and products produced, while Debits will be for services used and products consumed. This will apply to EVERYTHING - returns on investments, inheritances, winnings of wagers, salaries and wages, tips and gratuitites, everything..
Now, nothing breeds appropriate behavior faster than exposure to the light of public scrutiny. It has been said, " Show me a man's bank account and I'll show you the man." This will be the case for individuals, organizations, corporations, etc. Nothing can be "bought" without credit.
This sounds like a paypal account. What will determine the worth of a 'credit' or a 'debit'?
the value applied to a credit or debit just like we do today in the freemarket. except it will be fairly placed. i also expect corporations, due to the visibilty, to suffer an obscene amount when people will find out how much they are buying the product for and how much the corporation actually bought it for.