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Dennis Paul Renner
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  • Cottonwood, AZ
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Stephen left a comment for Dennis Paul Renner
"Happy birthday Dennis. Have a great day "
Jun 23, 2019
Chris left a comment for Dennis Paul Renner
"In a twist and curmugeon of socialism.   The banks after the collapse were bailed out by the taxpayers.  Corporate soscialism? Many don't know what that means. It's unbelievable to me how many people - especially military…"
Apr 10, 2019

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At 5:37am on June 23, 2019, Stephen said…

Happy birthday Dennis. Have a great day 

At 1:49pm on April 10, 2019, Chris said…

In a twist and curmugeon of socialism.   The banks after the collapse were bailed out by the taxpayers.  Corporate soscialism? Many don't know what that means.

It's unbelievable to me how many people - especially military who proclaim to be capitalists.  The Military is likely the most socialistic entity in the U.S.

I  think I agreee with you Dennis Paul Renner  if you mean putting externalities off to the taxpayers (which never gets repaired) - I'm thinking Love Canal and many of the other SuperFund sites.

Search for Superfund Sites Where You Live.

Erin Brokovich has  a interactive map of water quality.

https://www.ewg.org/interactive-maps/2016-chromium6-lower-48.php

If you think Flint Michigan's lead is terrible look at the water quality where you live.

By definition corporations are sociopaths - that meaning that their only responsibility is to make money for the share/stock holders. 

The more that is externalized such as with polluting air, water, and land the more profit they can make.

It doesn't make sense to me why people would allow deregulation of water

--

In sarcasm relax Nestle will provide bottled water - On that token  look up information about the Bolivian Water Wars. 

Interesting subject. Here's a brief documentary about it.

At 7:36am on March 28, 2019, Chris said…

In reply to

I don't know much, but understand that private banks only have to hold 10% in reserve.

The advantage of a public bank - seems to me - is the local people have controll of where the money is invested - locally therefore one can see where money is invested in the community.

Of course that isn't how Wall Street, or The City of London works.

Don't meantion the Swiss, Norweigions,

HSCB comes to mind, as well as other conglomerate banks

Raping and pilliging.

For fun read some of  Matt Taibbi's Articles.

8:21am on November 24, 2018, Dennis Paul Renner said…

The idea of a public bank is very similar to community currency only on a larger scale.  I understand North Dakota has one.  Not surprising they are trying to stop one from getting started in California.  It could be better for any state to do so, but bad for the greedy wall street establishment.  

I did see one flaw in the short video.  Interest being charged.  At the time a loan is created the money just comes out of thin air because of the borrowers guarantee to pay it back.  The principle must be paid back, and is possible because it has been created.  The problem lies in the fact that interest and taxes are never created so that means there is an automatic short fall from the start.  You cannot pay back what was never created, or borrowed.  Remember, as the principle is paid back it is dissolved back into thin air so that it does not remain as liquidity in the system.  This interest banking formula demands growth. and draws the wealth out of the citizens like a parasite by always demanding new loans take place to feed liquidity.  That is the debt trap that ends up growing exponentially through fiat currency expansion.  Then inflation is imposed as an other tax further stealing the labor of the citizens.  Interest, tax, and inflation are all modern forms of slavery cleverly hidden from the public.  They are unnecessary, and only feed the greed of those who actually produce nothing.  It is a system of human parasites living well off of the labor of the slaves.    We have all been so indoctrinated, and conditioned to accept this system that we don't even question it.   Most citizens have no real idea how the banking system really works, and that a large percentage of their labors are being stolen everyday.  This is why a money-less resource based society would be preferable.  Those who create money, are always are the masters.  Another thing to remember that adds to the short fall.  Every penny is some ones debt.  If you save that penny it cannot be paid back.  Now think about that on a grander scale.  Another thing to consider.  If you loan your saved money to make interest on it you have compounded the shortage from the original debt there by adding to the liquidity short fall.  Ever wonder why Quantitative Easing had to take place?

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At
At 7:31am on March 28, 2019, Chris said…

In reply to

I don't know much, but understand that private banks only have to hold 10% in reserve.

The advantage of a public bank - seems to me - is the local people have controll of where the money is invested - locally therefore one can see where money is invested in the community.

Of course that isn't how Wall Street, or The City of London works.

Don't meantion the Swiss, or Norweigions.

Raping and pilliging.

8:21am on November 24, 2018, Dennis Paul Renner said…

The idea of a public bank is very similar to community currency only on a larger scale.  I understand North Dakota has one.  Not surprising they are trying to stop one from getting started in California.  It could be better for any state to do so, but bad for the greedy wall street establishment.  

I did see one flaw in the short video.  Interest being charged.  At the time a loan is created the money just comes out of thin air because of the borrowers guarantee to pay it back.  The principle must be paid back, and is possible because it has been created.  The problem lies in the fact that interest and taxes are never created so that means there is an automatic short fall from the start.  You cannot pay back what was never created, or borrowed.  Remember, as the principle is paid back it is dissolved back into thin air so that it does not remain as liquidity in the system.  This interest banking formula demands growth. and draws the wealth out of the citizens like a parasite by always demanding new loans take place to feed liquidity.  That is the debt trap that ends up growing exponentially through fiat currency expansion.  Then inflation is imposed as an other tax further stealing the labor of the citizens.  Interest, tax, and inflation are all modern forms of slavery cleverly hidden from the public.  They are unnecessary, and only feed the greed of those who actually produce nothing.  It is a system of human parasites living well off of the labor of the slaves.    We have all been so indoctrinated, and conditioned to accept this system that we don't even question it.   Most citizens have no real idea how the banking system really works, and that a large percentage of their labors are being stolen everyday.  This is why a money-less resource based society would be preferable.  Those who create money, are always are the masters.  Another thing to remember that adds to the short fall.  Every penny is some ones debt.  If you save that penny it cannot be paid back.  Now think about that on a grander scale.  Another thing to consider.  If you loan your saved money to make interest on it you have compounded the shortage from the original debt there by adding to the liquidity short fall.  Ever wonder why Quantitative Easing had to take place?

At 7:04am on March 28, 2019, Chris said…

Granted, what's going on in North Dakota in recent years is terrible.  That is outside of the control of the bank of North Dakots..

At 7:11am on February 13, 2019, Chris said…

This may be a better resource for you Dennis.

Public Banking Institute.

http://www.publicbankinginstitute.org/

 I've spoken with Ellen Brown. She's intellegent.

For some reason I may be exceeding my alotment for including commentaries. 

Anyway look at the above link.

At 1:11am on December 30, 2018, Chris said…

May be of interest to you.

https://en.wikipedia.org/wiki/Bank_of_North_Dakota

Cherrios and fall on a sword.

At 9:25am on June 23, 2018, Stephen said…

Happy Birthday Dennis Have a great day

At 4:24pm on June 23, 2017, Stephen said…

Happy Birthday Dennis Have a great day

At 9:05pm on June 23, 2016, Stephen said…

Happy Birthday Dennis Have a great day

 
 
 

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