No...because the State issues money to build highways, schools, hospitals.
The private bankers issue money to become richer and richer.
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The European dream
- Thread starter Estro Felino
- Start date
No...because the State issues money to build highways, schools, hospitals.
The private bankers issue money to become richer and richer.
Kooky
Freedom from Sanity
So usury is okay when it's used to build roads?
So you're against banking even when it's legal, after all, in direct contradiction to your earlier claim.
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Kooky
Freedom from Sanity
You are also extremely bad at answering my questions. For somebody who claims to have studied law, you seem to have a rather poor understanding on how governments and banks, and indeed the entire capitalist legal system actually works.
Because the state is an authoritarian construct designed to uphold the interests of the moneyed classes.
My turn.
Why are you opposed to private banking, but supportive of all other forms of capitalism?
You are a rightist, then.
Because this is a concept of the neo-liberism, that the global right-wing defends.
Kooky
Freedom from Sanity
If Hitler and Mussolini were "leftist" to you, then I suppose I would have to be in the opposite corner, yes.
As a socialist, I oppose any state that upholds the power of capital - which happens to be all of them.
I am a socialist because I want the State to combat the power of the wealthy.
By siding with the least fortunate.
This is what the Italian Constitution says, articles 3 and 4.
Whoever thinks that the State should uphold the interests of the economic élites, is a rightist.
By siding with the least fortunate.
This is what the Italian Constitution says, articles 3 and 4.
Whoever thinks that the State should uphold the interests of the economic élites, is a rightist.
I only say that it is the State which has the right to issue money. Nobody else.
Period.
Kooky
Freedom from Sanity
But only the wealthy who are "banking elites" and "Rothschilds", not the wealthy who bankroll blackshirts and run a media empire that propagates anti-labor rhetoric and xenophobic hate speech.
You're such a "leftist" that you keep praising conservative anti-labor politicians like Boris Johnson, and xenophobic antileftists like Nigel Farage, a corrupt fraudster who legally runs his party as a literal for-profit business.
Can you name a single leftist you actually like?
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Kooky
Freedom from Sanity
So all that gobbledygook about "usury" and private banking had nothing to do with your point, then.
kaninchen
Member
Most of the time you tell me the stuff of fresher students late night in the union bar.
Obviously, it has the advantage that you don't have to do the work on your propositions, all you have to do is repeat slogans.
When you come up with a detailed description of the problem (one that corresponds with any kind of reality), then productive conversation would be possible. Arguing with slogans is - well, the stuff of fresher students late night in the union bar.
Kooky
Freedom from Sanity
A "transnational" communist? You surprise me.
Kooky
Freedom from Sanity
Literally every capitalist in a nutshell.
Heyo
Veteran Member
Nope.
The ECB is, per statute, not allowed to lend money to a country. The ECB only lends money to banks.
This has been discussed during the Greek crisis. (And later any time the ECB has bought national debts.) The official reason is that the ECB can't make national financial politics; the intended effect is that the bankers can earn money by lending (at high interest rates) money they get at low interest rates from the ECB.
If the ECB could lend money to anyone, there wouldn't have been a crisis, instead there would have been inflation (and Greece would have been in the pocket of the ECB).
There are a plethora of reasons why the ECB has too much power but in Greece they were not the bad guys. That role goes to the private banks and financial institutions and, more important, the politicians who acted on behalf of them.
Heyo
Veteran Member
Then I propose you file suit against your government who transferred their right to print money to the ECB.
They already did that.
So many lawyers already did sue the Government.
Lawyer Marra, and many others.
The procurators and the judge will not cooperate.
I need to find a procurator who will.
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Yes.
But the main private banks own national banks like Bankitalia which owns the ECB.
It is a squalid and illegal system of closed boxes.
So the controllers are the controlled.
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