Christ_empowered
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- Oct 23, 2010
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from Trump on down the line. Things are crazier than usual, I think. Let us pray.
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The system is built on debt...
...may God's will be done...
...the borrower is a slave to the lender. Proverbs 22:7b CSB
states and cities and counties have to have a balanced budget, unless its san Francisco where they aske the feds to bail them out and also California and Illinois pension and moody credit rating(used to rate bonds) is bad. that means when they borrow they sell bonds to get the money. they must be able pay back the buyer with interest, Illinois was unable a few years ago to pay a big time lotto winner.yeah, I think John Calvin wrote about positive, community-building aspects of lending and such...explains a lot about Calvinist approaches to economics.
There is good debt and there is bad debt.
That's true.
However, it is not right to confiscate other people's stuff for lending. Bankers repressively confiscate food from their elders' dinner tables, and lend the loot to rich hedge fund and such. One reason the Gini coefficient is to the moon.
The proper way to do things is to lend people's voluntary savings, and only their voluntary savings.
To maintain an honest currency.
...there is no interest, I get fees, and with inflation someone is making money and it's not me or my employer. When I retire I want to buy more than a loaf of bread with what my funds are worth.
I won't derail this thread but go look up,the nortthern state power grab and the early acts power grabs by Lincoln during and continued Johnson.I believe corporate power has corrupted our government to the point that this nation is on the verge of collapse on every scale .....moral, financial, societal........the whole thing is waiting for someone to pull the toilet flush.
I think we needed economic reform. Its...very difficult to maintain a real democracy when the 1%, and then the top % within that group, control so much $$$ and therefore have crazy amounts of power...
I have extremely high blood pressure with no relief and thats with me on 4 meds. Then came along CBD oil and my blood pressure fell out over 50 points. Now their trying to label ALL vapes bad because CBD oil can put pharma outta business.Its fine if people have money, as long as they earn it honestly. However, bankers confiscate stuff via currency debasement (dishonest money). That is not right. Lobbyists make Americans pay far more than any other nation on earth for the same meds. That is also not right.
Inequality went to the moon during quantitative easing and such. Bankers confiscated stuff from the majority, then gave the loot to rich hedge fund managers and such.