[Tfug] OT A word of thanks

[jfheigl at comcast.net]

Hi. 

Just asking a favor, here---Can you guys let the rest of us know when you're done circle-jerking over conspiracy theories so the list can go back to Unix related subjects? 

Thanks. 

Jfh 

Joshua Zeidner wrote: 

On Sun, Oct 19, 2008 at 1:39 PM, Ronald Sutherland 
<ronald.sutherland at gmail.com> wrote: 


On Sun, Oct 19, 2008 at 1:00 AM, eric christian <ericdanc at alice-dsl.net> wrote: 




http://www.youtube.com/view_play_list?p=3587FBAAFC96D235 

This docu is flawed. It states that the FED creates only money (debt) for 
the principle and not for the interest. This is not true. The money for the 
interest comes from the 16th amendment (fed income tax). The 16th amendment, 
howevr, was never approved by 3/4 of the states. This same flaw can be found 
in "Zeitgeist" docus. EC 

It seems amazing the that money to pay for land (or what ever) is 
created only on the promise that I will pay it back, I guess the new 
money exist during the time when the bank pays for the land and when I 
finally pay it off. I don't understand about the interest part of 
money creation, but then I'm still struggling with the principle side, 
which almost seems to make sense and then that the same time doesn't. 

It looks like my house in Tucson is about to sale, thank goodness, I 
got it before the big bad bubble, and will not lose money. 

perhaps nominally, but did you factor in inflation? 

-jmz 



I plan on 
paying off my travel trailer loan first to get myself free and clear. 
A few years after getting my house, I got a tuck and the combined 
payments required all my income for 5 years, I will never let that 
happen again. The stress of payments and loss of job aged me well 
beyond my years, I can almost feel the years that I lost now slowly 
returning. 

If I have enough cash to get some land I may do that, but I will not 
go into debt for it. If I do get some land its going to get set up 
more or less as a Permaculture site before I build any structures on 
it, then perhaps I'll build a hobbit habitat, sized for a wizard. 

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