Non profit organization Bank? - off topic

[z.monkey]

Howdy Y'all,

You know the old saying "If you give them enough rope they will hang themselves"?  Well it seems the world of high finance is experiencing this very real lesson. Power investors are never satisfied with a reasonable return on their investment.  They are always seeking a bigger return.  The greater the risk the greater the possibility of a greater return.  This has led the investment industry to finance themselves beyond reasonable limits.  Fractional reserves and fiat money allow investors to invest money they do not even have.  When the market is good apparently this is very profitable, but there is a precarious breaking point so that when things go bad they go bad in a cataclysmic way.  We have watched the financial industry implode in a week.  How could have we even called this market stable if it folds like a card house in such a short period of time.  This is not stability, this is insanity.  Rampant greed and amoral rules allowed this situation to occur.  Had we not been so fixated on "growth", which really means the most profit for stockholders" this situation would not have occurred.  It is time that we return to money based of real assets, no more fiat money.  It is time that we reign banks in and not allow fractional reserves.  It is time to make money have a stable value and not engage in currency markets. Market speculation and derivatives trading may make the few people on Wall Street very rich but it destabilizes the economy for the rest of us.  It is time that we return to the Common Law Constitutional values that this country was founded on.  This worked extraordinarily well for the Constitutional United States up till the Civil War era when private banks began to encroach upon our Constitutional Government.  The culprits of this modern times financial meltdown should be allowed to fail and reap their karma.  They created a extraordinarily huge mess and should be held totally accountable.  This would mean the Federal Corporation which is the United States would become insolvent. However, this is not going to happen.  GOD has plans for this nation.  The corporate financial bailout will occur, at the expense of the taxpayer.  But, WE as the taxpayers need to remember that WE own this country.  WE need to make our voices heard.  WE need to make sure this never happens again. WE are the only ones who can do this because WE have the power.  Never forget that the taxpayer citizens of this nation are its real power and WE need to make sure that the government follows the course that WE define.  If YOU do not utilize YOUR power someone else surely will...

Blessed Be...

[erickdt]

hi all,

would a non profit organization bank be possible and do you think it would change the world for better?

Absolutely. I have long advocated citizen run, not for profit, purely voluntary membership organizations that provide any and all services that are necessary to every day people. this would include things like banking, healthcare, energy (gas and electric etc.), food, etc. The key part of these proposals is that they would be entirely voluntary as opposed to government mandated/sponsored socialism. I do not have a problem with socialism as a concept so long as it's voluntary. Government run socialist programs have to be inherently totalitarian in order to ensure universal submission of the masses to that system (see: Soviet Revolution, The Cultural Revolution in Mao's China). This is entirely un-democratic and by extension unAmerican. Making these sorts of programs volunatry solves that problem. Additionally, since these would be not for profits their prices would naturally be less that for profit companies that provide the same services, eventually driving the for profits out of business...

[z.monkey]

Global Analysis...

http://www.worldreports.org/news/178_the_corrupt_octopus_has_been_severely_wounded

[lancaIV]

Bank also banca/banco reminds about the old days, when during the Fugger/Medici-economy
the currency-ex-change structure of our today-financial-system began.
Bank means also table- "Tafelgeschaeft":

open source-?-bank:
a simple question and based by reality:
your ,allbodies, first "open source bank" are/ have been your grand-/parents, it is true or not ?
But what has been or will be their wish as compensation-tax !? Quality and quantity ?
But did they  delivered all their richdom or only a minor(-ity) part, did/do they exspect responsibility
or could/can you "drop away the values out of the window" ?

"Without tax" or better " with real/fair tax"(Th.d.Aquino), tax from taxare is also the "emotional cursor"
that shows that each action/investion has/ will have a gain, for the active part or the passive part.
The investor has to compare - to validate the wished action - to think re- and forward about the
consequences : to create virtual motion , from the past to the future !
Without knowledge - also called intellectual experience - each "Novize/Kadett" will receive to
gain/lost quality possibilities :

                   ++ Maximum
                     + Optimum
                     0  Medium
                     -   Pessimum
                   - -   Minimum
"first experience" result .

This is part of the "game" : the risk to win or to loose too much and to wish to recover  as fast as
                                       possible the losts and to repeat the one-time high-risk tax feeling !

                                       But is the received money/value loan/earning  or only loaned, to give
                                       back  with/-out financial tax , but by social tax ,
                                       also called friendly relationship , short: friendship !?
                                                                           

S
  CdL