Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Quantity vs Value
>
Reply to Thread
Message:
<p>[QUOTE="Good Cents, post: 3337245, member: 100720"]I agree with all of what you wrote. My explanation was a VERY simple one, the general point of it being that it wasn't caused by a "Cabal" of some sort, or some small group of people who have full control over everything.</p><p><br /></p><p>When I referred to lack of gov't oversight, again, it was a very simple way of describing the very many lacks in gov't oversight, which are not limited to rules for banks and securities but are also overseeing what the gov't itself is allowed to do. I remember the congressional hearings on the Madoff scandal. It was all about the inspector general looking into the SEC, etc. Every group needs oversight, including Congress. We, the people, should be a lot of the oversight for Congress and the Senate. But modern life became SO much more complicated than any of the Constitutional framers could have envisioned. The layman shouldn't need to be an expert in every field in order to be able to trust that the world he lives in is being run correctly. Someone who gets on a train hoping to arrive at his destination shouldn't have to know how to drive that train. </p><p><br /></p><p>I agree with everything you wrote. I, too, wish that Congress would be held more accountable. But there is much too much dishonesty out there and again, the layman can't know everything. How should a layman know that his Congressman is lying or how to read between the lines when said Congressman says he helped the poor by securing mortgages for lower income citizens?</p><p><br /></p><p>The the dishonesty and corruption in our gov't system is getting out of hand and in our increasingly complicated world, it is increasingly easier for extremely dishonest gov't officials to pull the wool over the eyes of their constituents or potential voters.</p><p><br /></p><p>It is frightening, simply because it obvious to all who have studied it that the cause of downfall of governments and modern countries such as Venezuela, and the main cause of the prevention of countries to advance all point to one thing - Gov't corruption. And although we were the first to create a democratic nation, we may be the first to see it fail for the simple reason of gov't corruption. When the only way for an elected official to win an election is dependent upon how much money he/she raises, gov't is no longer run by the people, but rather by who pays for the official's election campaign. Disinformation, again, bought and paid for, goes hand in hand with this model and furthers the end of Democracy, the bankruptcy of a nation, and the collapse of a nation.</p><p><br /></p><p>I realize that I'm all over the place, but, it's all connected in my view.</p><p><br /></p><p>Getting back to my original point, again, there is no "Cabal" that is going to bring it all down. It may all come crashing down, but for reasons that have nothing to do with 10 people deciding to upset "World Order." (Gosh, if there were only such a thing as "World Order"! Lol!).</p><p><br /></p><p>Anyway, I agree with everything you wrote. There were certainly many more detailed reasons for the 2008 crash and Washington should have WAY more independent oversight of itself and suffer heavy repercussions for its infractions against the public.[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3337245, member: 100720"]I agree with all of what you wrote. My explanation was a VERY simple one, the general point of it being that it wasn't caused by a "Cabal" of some sort, or some small group of people who have full control over everything. When I referred to lack of gov't oversight, again, it was a very simple way of describing the very many lacks in gov't oversight, which are not limited to rules for banks and securities but are also overseeing what the gov't itself is allowed to do. I remember the congressional hearings on the Madoff scandal. It was all about the inspector general looking into the SEC, etc. Every group needs oversight, including Congress. We, the people, should be a lot of the oversight for Congress and the Senate. But modern life became SO much more complicated than any of the Constitutional framers could have envisioned. The layman shouldn't need to be an expert in every field in order to be able to trust that the world he lives in is being run correctly. Someone who gets on a train hoping to arrive at his destination shouldn't have to know how to drive that train. I agree with everything you wrote. I, too, wish that Congress would be held more accountable. But there is much too much dishonesty out there and again, the layman can't know everything. How should a layman know that his Congressman is lying or how to read between the lines when said Congressman says he helped the poor by securing mortgages for lower income citizens? The the dishonesty and corruption in our gov't system is getting out of hand and in our increasingly complicated world, it is increasingly easier for extremely dishonest gov't officials to pull the wool over the eyes of their constituents or potential voters. It is frightening, simply because it obvious to all who have studied it that the cause of downfall of governments and modern countries such as Venezuela, and the main cause of the prevention of countries to advance all point to one thing - Gov't corruption. And although we were the first to create a democratic nation, we may be the first to see it fail for the simple reason of gov't corruption. When the only way for an elected official to win an election is dependent upon how much money he/she raises, gov't is no longer run by the people, but rather by who pays for the official's election campaign. Disinformation, again, bought and paid for, goes hand in hand with this model and furthers the end of Democracy, the bankruptcy of a nation, and the collapse of a nation. I realize that I'm all over the place, but, it's all connected in my view. Getting back to my original point, again, there is no "Cabal" that is going to bring it all down. It may all come crashing down, but for reasons that have nothing to do with 10 people deciding to upset "World Order." (Gosh, if there were only such a thing as "World Order"! Lol!). Anyway, I agree with everything you wrote. There were certainly many more detailed reasons for the 2008 crash and Washington should have WAY more independent oversight of itself and suffer heavy repercussions for its infractions against the public.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Quantity vs Value
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...