--- In [email protected] <mailto:[email protected]> , "shempmcgurk" <[EMAIL PROTECTED]> wrote: > > --- In [email protected] <mailto:[email protected]> , off_world_beings <no_reply@> > wrote: > > > > > > --- In [email protected] <mailto:[email protected]> > > <mailto:[email protected] <mailto:[email protected]> > , ruthsimplicity <no_reply@> > > wrote: > > > > > > > > > The press release has this interesting statement: > > > > > > > > > "To fund this development the government doesn't need to borrow > from > > > abroad. It just issues an alternative currencya couponand > > loans it > > > to the project for the start-up costs, and to immediately improve > the > > > farmer's housing and living conditions. > > > > > > > > > > > > The coupon's validity is restricted to the locale of the project, > and > > > it lasts for only a three-year periodand thus inflation is > > avoided. > > > When the first crop is exported and dollars are earned, the > government > > > coupon loan is repaid by the project in dollars. So today's > government > > > issued coupon becomes tomorrow's dollar in the National Treasury." > > > > > > > > > The money (or coupon as they state) expires in three years. Thus > it > > > appears that the last person holding the coupon gets nothing. > Doesn't > > > make sense. If that was the case the farmer wouldn't be able to > use > > > the coupon to buy stuff to "improve the farmer's housing and > living > > > conditions" because no one would want to be stuck with the coupon. > > > Maybe the "stuckee" can turn it in for standard money after three > > > years? If so, why not have the government loan real money in the > > > first place? Oh yeah, they don't have the money. And if you can > turn > > > it in for real money in three years it is inflationary. They > created > > > money out of nothing. Nader, Nader, Nader. Oh dear. > > > > > > The whole creating money out of nothing is an interesting issue to > > > watch with the TMO.>. > > > > RTFLMAO ! ! > > That's what you Americans have been doing for decades, in fact > since the > > beginning of your country you have been LITERALLY printing money > out of > > nothing. When Benjamin Franklin was in London, before the French and > > Spanish support of the illegal insurrection by the land grabbing, > slave > > driving american province traitors to freedom-fighters, he was > called > > into the Bank of England (founded by a Scotsman) and asked where > they > > were getting all the money to buy so much? > > His answer: "Oh, we print our own money." Bank of England's answer > (the > > Brits funded the protection of the provinces, with money and blood > of > > young soldiers, from the Papist fascist countries who would have > imposed > > mono-theism on US if it were not for the Brits fighting them down) > said: > > "Oh really, can you stop doing that please." > > Then the Americans sided with the mono-theist Papist countries, in > what > > for the British was one small battle (the American War of > Independance) > > within a World War against the Papist fascist tyrants...which > ultimately > > the British won.) > > > > Even today, one of the main reasons for the economic collapse of US > is > > the fake printing of money by the federal Reserve and basing it on > > nothing. > > > > LOL, the irony of this complaint of printing your own money from an > > American leaves me in awe and laughter. Thanks for the laugh. > > > > OffWorld > > > > > I think the only people left on Planet Earth that refer to Catholics > as "Papists" are Lyndon-Larouche types, members of the John Birch > Society, and the KKK. > > And, of course, OffWorld.>>
That's because you are an uneducated brain-washed worm. What do you call a cult in which the Pope is all-mighty? "Papist" is the correct term for them, just like calling a "Moonie" for the followers of the Moon cult, and just like the anti-science crowd here like to call people who practice a technique 'followers of Maharishi" or "Ru's", neither of which is a derogatory term, especially since Maharishi only ever advocated peace and non-violence, and the Pope perpetuated violence, cruelty, rape, hated, and dictatorship for centuries --- until the British hammered his supporters France and Spain (with no help from the slave-driving Yanks of course). OffWorld
