Comments on: How to hack RFID-enabled Credit Cards for $8 (BBtv)

By: rahmega7

rahmega7 — Sun, 18 Jan 2009 16:57:04 +0000

We wouldn’t have fractional reserve banking if it wasn’t made legal by our government in 1864. We wouldn’t have monopolies in certain industries if it weren’t for our ”ant-trust” laws. We would have water powered cars, real sugar in our drinks, and ethanol made form hemp if it were not for government ”regulation” on capitalism. Plus a shyt load of other great things. Capitalism is freedom!!! When corporations get hold of the government to ensure eternal market share is when things get bad!!!

By: rahmega7

rahmega7 — Fri, 16 Jan 2009 08:24:54 +0000

If it’s one thing I hope all you people understand is that capitalism was never to blame for the issues we have today. Capitalism is what made this country great. You see what’s happening with the government bailing out big banks THAT’S NOT CAPITALISM!!! I CAN’T STRESS THAT ENOUGH!!! In a real capitalistic society those banks would fail and it wouldn’t even effect the economy that much because it’s power would have been restricted to only those who banked with it. Do your history guys please!!!

By: fLiPpAntMisSCreanT

fLiPpAntMisSCreanT — Wed, 14 Jan 2009 23:54:05 +0000

I exchange goods/services for same, without funding the horror of banking systems or dictatorship~ there are ways around the what we expect as everyday life,yet we must be inventive to exist in a world always seeking to rob one of what one has & does.
When a society acts in the interest of one another/the whole, rather than self~interest, the commerce system becomes unnecessary,instead an adversary of freedom, leisure & abundance that exists outside of commerce.

By: djtntftube

djtntftube — Tue, 13 Jan 2009 09:28:35 +0000

You have certainly done your homework, rahmega7!

Also, the “Federal Reserve Bank” is NOT an agency of the Federal government, as the name implies — it is a Banking Cartel — just like a DRUG Cartel — a bunch of crooks trying to insure that no one else gets in and gets a “slice of the pie”! One of the worst things to happen was the formation of the Federal Reserve Banking System in 1913.
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By: djtntftube

djtntftube — Sun, 11 Jan 2009 04:42:16 +0000

Our Founding Fathers made sure that the only ones who could mint COIN based money in our country was CONGRESS and then in 1913 that was taken away and given to a private group of bankers — not even a government agency! And our government BORROWS money from private citizens and pays HUGE interest on the loans! Then they can’t pay the amount due back, so they have to borrow MORE, and on and on and on!
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By: djtntftube

djtntftube — Sat, 10 Jan 2009 01:52:20 +0000

It is against the Constitution to have paper money! The Congress is given the right to print it’s own COIN money by the Constitution! But, the Federal Reserve prints paper money and under Nixon (I believe) the base of that money was NO LONGER GOLD!! So our useless, valueless paper money is based on NOTHING! The Federal Reserve Chairman decides how much more to print — which further devalues our currency! It’s basically toilet paper!

By: rahmega7

rahmega7 — Tue, 06 Jan 2009 19:43:46 +0000

All your statements are 100% true to my understanding. Keep up the good work fellow freedom fighter. We’ll have our day I’m sure of it.

By: djtntftube

djtntftube — Sun, 04 Jan 2009 12:18:56 +0000

Hi rahmega7,

Speaking of “doing your history” up until 1913 people were doing a great job saving money and the banks were not happy because they weren’t making much money. There was plenty of money in people’s savings and as you mentioned the “fractional reserve banking” was put into practice yet. So when the Federal Reserve Banking System took over, the “fractional reserve” banking system was put into practice.
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By: djtntftube

djtntftube — Thu, 01 Jan 2009 23:21:16 +0000

This means that if a bank has $1000 from people’s savings — they loan out $1200 to other people to buy houses or cars or boats, etc. So, if everyone who put in their $1000 savings wanted to close their accounts — it couldn’t be done — because the bank loaned that money out AND MORE!!! You can see this in “It’s A Wonderful Life” when George Bailey explains to someone who wants his money from the Bailey Savings and Loan that his money is in his neighbor’s house –
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By: exojjl

exojjl — Wed, 31 Dec 2008 09:42:33 +0000

yes, but you unionize north america. that is america/canada/mexico we will have one big currency.