Comments on: The Mortgage Crisis for Beginners http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/ This website will function as a clearinghouse for bulletins from participating cells, enabling readers to keep abreast of their activities and, more importantly, coordinate activities with them. Sat, 22 Nov 2008 09:00:15 +0000 http://wordpress.org/?v=2.6.3 By: Anatomy of the Mortgage Crisis in America « El Noticiero de Alvarez Galloso http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/#comment-15347 Anatomy of the Mortgage Crisis in America « El Noticiero de Alvarez Galloso Thu, 21 Aug 2008 14:40:41 +0000 http://www.crimethinc.com/blog/?p=243#comment-15347 [...] CrimethInc.:”The Mortgage Crisis for Beginners” http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/ [...] [...] CrimethInc.:”The Mortgage Crisis for Beginners” http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/ [...]

]]> By: deanosor http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/#comment-15170 deanosor Tue, 22 Jul 2008 04:34:36 +0000 http://www.crimethinc.com/blog/?p=243#comment-15170 To say that "our government" is kept in slavery by the Federal Reserve system is ludicrous, and it's even more ludicrous to say it on an anarchist website. First of all: governments can not be held in slavery; only people can be put into slavery. "Government" is an abstract idea put together by certain people in order to enslave us. 2nd of all: the Federal Reserve System is a public/private collaboration between the large banks and the government. It is the central bank of the U.S. It is, in effect, one part of the govenment like the FBI orn Homeland security. It is the way the govenrment has control ofthe money system of the United states, besides the fact that they print all the "Federal Reserve Notes" otherwise known as dollar bills. Now how can something as connected to the govenemnt put the government in slavery. Government itself is the problem. The Fed is one part of that problem because it is connected to the government. 3: It's not "our government". Its a govenremnt run by large cpatialists and bureaucrats. 4. Who cares if The Fed is unconstitutional! We should be for destroying the Constiuttion and its system of exploitation and repression. Leave the constiututional arguments to the ACLU and other lawyers. Anaarchist activists, which is who this site is designed for, are for destroying the repressive machine, not making it better. To say that “our government” is kept in slavery by the Federal Reserve system is ludicrous, and it’s even more ludicrous to say it on an anarchist website. First of all: governments can not be held in slavery; only people can be put into slavery. “Government” is an abstract idea put together by certain people in order to enslave us. 2nd of all: the Federal Reserve System is a public/private collaboration between the large banks and the government. It is the central bank of the U.S. It is, in effect, one part of the govenment like the FBI orn Homeland security. It is the way the govenrment has control ofthe money system of the United states, besides the fact that they print all the “Federal Reserve Notes” otherwise known as dollar bills. Now how can something as connected to the govenemnt put the government in slavery. Government itself is the problem. The Fed is one part of that problem because it is connected to the government. 3: It’s not “our government”. Its a govenremnt run by large cpatialists and bureaucrats. 4. Who cares if The Fed is unconstitutional! We should be for destroying the Constiuttion and its system of exploitation and repression. Leave the constiututional arguments to the ACLU and other lawyers. Anaarchist activists, which is who this site is designed for, are for destroying the repressive machine, not making it better.

]]> By: ChestPain http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/#comment-14861 ChestPain Sat, 28 Jun 2008 17:32:11 +0000 http://www.crimethinc.com/blog/?p=243#comment-14861 Regarding the inflation and recession, the rising prices obviously attack wages. These high prices are probably paying for the war in Iraq because inflation is a common way to pay for wars, but high prices are also rumored to help wasteful businesses. Since those are supposed to be the best jobs, inflation can be helpful to those workers. Since wages fall indirectly, repayments also fall, so the finance industry grows. When industries grow, employment grows, so the bourgeoisie is ultimately buying social peace and thereby showing its weakened condition. Recession is a slow down in the growth of total commodity production, and this is actually a good thing for the proletariat. Regarding the inflation and recession, the rising prices obviously attack wages. These high prices are probably paying for the war in Iraq because inflation is a common way to pay for wars, but high prices are also rumored to help wasteful businesses. Since those are supposed to be the best jobs, inflation can be helpful to those workers. Since wages fall indirectly, repayments also fall, so the finance industry grows. When industries grow, employment grows, so the bourgeoisie is ultimately buying social peace and thereby showing its weakened condition. Recession is a slow down in the growth of total commodity production, and this is actually a good thing for the proletariat.

]]> By: pfm http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/#comment-14851 pfm Fri, 27 Jun 2008 22:25:53 +0000 http://www.crimethinc.com/blog/?p=243#comment-14851 To say if people had listened to Ron Paul (I just threw-up in my mouth a lot) that this specific crisis could have been avoided is kind of disingenuous and broad. I could say with equal correctness that if people had listened to Bakunin a century ago none of this would have happened either. Both statements miss the point. This particular instance really had very little to do with the Federal Reserve, and a lot to do with all of the stuff mentioned in the links above. In fact, most criticism from the whole gamut of economists was that the Fed, in this instance, didn't do ANYTHING to stop this from happening, i.e. they weren't regulating enough, and weren't really involved. I'm not trying to steal your anti-Federal Reserve thunder, which is certainly warranted, but it hurts your cause when you blame them for things they weren't really involved in. If you want to continue to insist their involvement please provide some specifics and show how these were an aberration from the norm--since this crisis is not the norm (a whole other, much larger economic crisis is the norm, of course). To say if people had listened to Ron Paul (I just threw-up in my mouth a lot) that this specific crisis could have been avoided is kind of disingenuous and broad. I could say with equal correctness that if people had listened to Bakunin a century ago none of this would have happened either. Both statements miss the point.

This particular instance really had very little to do with the Federal Reserve, and a lot to do with all of the stuff mentioned in the links above. In fact, most criticism from the whole gamut of economists was that the Fed, in this instance, didn’t do ANYTHING to stop this from happening, i.e. they weren’t regulating enough, and weren’t really involved. I’m not trying to steal your anti-Federal Reserve thunder, which is certainly warranted, but it hurts your cause when you blame them for things they weren’t really involved in. If you want to continue to insist their involvement please provide some specifics and show how these were an aberration from the norm–since this crisis is not the norm (a whole other, much larger economic crisis is the norm, of course).

]]> By: peacechicken http://www.crimethinc.com/blog/2008/06/24/the-mortgage-crisis-for-beginners/#comment-14844 peacechicken Fri, 27 Jun 2008 19:16:41 +0000 http://www.crimethinc.com/blog/?p=243#comment-14844 To truly understand the mortgage crisis, it's vitally important to understand the unconstitutional Federal Reserve system and how it keeps every American (and our government) in slavery. News stories never fail to expand on how The Fed. and our ridiculous monetary policy is truly responsible for this problem. If people had listened to Ron Paul decades ago, this could easily have been prevented. It's long past time to educate ourselves on basic economics, abolish the Federal Reserve system, and gradually return our country to a fiscally responsible gold standard and allow competing currencies. Otherwise, we're merely chopping single tentacles off a very large octopus that will only grow more. www.AbolishTheFederalReserve.com To truly understand the mortgage crisis, it’s vitally important to understand the unconstitutional Federal Reserve system and how it keeps every American (and our government) in slavery. News stories never fail to expand on how The Fed. and our ridiculous monetary policy is truly responsible for this problem. If people had listened to Ron Paul decades ago, this could easily have been prevented.

It’s long past time to educate ourselves on basic economics, abolish the Federal Reserve system, and gradually return our country to a fiscally responsible gold standard and allow competing currencies.

Otherwise, we’re merely chopping single tentacles off a very large octopus that will only grow more.

http://www.AbolishTheFederalReserve.com

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