Court says Obama violated Constitution

[LAM]

WOW, you never cease to amaze me LAM. When i've compared the US to other countries you've used size as an excuse to nullify an argument. Now you recognize the size difference, but somehow think your example is still valid?

By the way in 200 years Iceland will have been swallowed up by the ocean and the populace will either be living in Greenland, or the US.

Iceland is a country that pretty much operates 180 degrees of the US which is why I used it as an example. high taxes, high union, high social spending, small financially sector, no for profit prison system and low crime.

pretty much any Scandinavian country tops the US in most economic and social category's and they are not dropping down the ranks of the OECD like a brick as the US is.

 

[dogsoldier]

Iceland blows away the US in every single department. sure they are a much smaller country but it's a country that actually cares about it's citizens and doesn't use and exploit them through lobbying and legislation. made all legal like.

in 150-200 years Iceland will still be the same and the US will be Mexico Part 2 long before then.

Just two things

1: Iceland went bankrupt in 2008. The US, Norway, Sweden and Switzerland had to step in to keep them running. They cared their people so much they spent themselves into oblivion.

2: If it so great over there, by all means, please move there.

 

[Luxx]

so when Bush did it you were ok with it, but since it's Obama now it's a "dictatorship"....

It wasn't ok for bush to do it either.

 

[Luxx]

if the people don't like the constitution it can amended to reflect the current times.

If they don't like the constitution, tell them to please get the fuck out of America.

 

[Swiper]

bush did it when they were in recess as the constitution allows. Obama did it while senate was technically still in session. there's a difference.

 

[DOMS]

Just two things

1: Iceland went bankrupt in 2008. The US, Norway, Sweden and Switzerland had to step in to keep them running. They cared their people so much they spent themselves into oblivion.

2: If it so great over there, by all means, please move there.

Well...I've learned something new.

Source.

In late September 2008, it was announced that the Glitnir bank would be nationalised.

There's your shining example of that what LAM wants: bankruptcy and the nationalization of the banking industry.

 

[bio-chem]

Well...I've learned something new.

Source.



There's your shining example of that what LAM wants: bankruptcy and the nationalization of the banking industry.

this example seems to have backfired tragically on him. Let's watch the inevitable argument resulting in digging his position deeper in a hole unfold.

 

[Aries1]

Just two things

1: Iceland went bankrupt in 2008. The US, Norway, Sweden and Switzerland had to step in to keep them running. They cared their people so much they spent themselves into oblivion.

2: If it so great over there, by all means, please move there.

Lol...LAM's point has been obliterated by this post. Next...

 

[secdrl]

bush did it when they were in recess as the constitution allows. Obama did it while senate was technically still in session. there's a difference.

When Obama does it...chirp, chirp, chirp.

 

[Gissurjon]

Iceland blows away the US in every single department. sure they are a much smaller country but it's a country that actually cares about it's citizens and doesn't use and exploit them through lobbying and legislation. made all legal like.

in 150-200 years Iceland will still be the same and the US will be Mexico Part 2 long before then.

Yeeeeaaaa buddy, biggin up my peoples maan. But seriously, you are right about what you stated. Icelandic bankers did manage to fuck the country up for a hot minute but when it came time to pay of the debt they racked up, the people said hell no. Britain and other European countries got supa-dupa mad but do we care? Think not, now leave us alone and let us get back to fishin'n'shit.

One thing people tend to forget though is that Iceland been over a thousand years in the making, surely mistakes were made but people didn't fall for propaganda and such so the next logical thing to do is to come up with a solution.

Eigid godan dag kaeru landsmenn!

 

[Gissurjon]

Well...I've learned something new.

Source.



There's your shining example of that what LAM wants: bankruptcy and the nationalization of the banking industry.

Here is the thing buddy, with informed voters nationalization isn't always a bad thing. Politicians can be fired by the people, CEO's can't. The banks were good before they privatized them, people's money was safe and interest rates were more than inflation. Then came the right-wing party (Sjalfstaedisflokkurinn) and started pushing for privatization, guess what! no seriously guess what! Bankrupt in about a decade. You can call it socialism (which is so far from the actual truth) but one thing is for sure, extreme privatization ruined my home country for a while.

 

[DOMS]

Here is the thing buddy, with informed voters nationalization isn't always a bad thing. Politicians can be fired by the people, CEO's can't. The banks were good before they privatized them, people's money was safe and interest rates were more than inflation. Then came the right-wing party (Sjalfstaedisflokkurinn) and started pushing for privatization, guess what! no seriously guess what! Bankrupt in about a decade. You can call it socialism (which is so far from the actual truth) but one thing is for sure, extreme privatization ruined my home country for a while.

I never called it socialism.

Banks all over the world, both state-owned and private, tanked during the recession. It the heyday decade of the 90s, everyone was making money. So saying that being privatized cause the problem is specious, at best. And being state-owned guarantees nothing. However, I'm not against making at least a few of the banks that were bailed out becoming state-owned and seeing how they do.

 

[LAM]

Yeeeeaaaa buddy, biggin up my peoples maan. But seriously, you are right about what you stated. Icelandic bankers did manage to fuck the country up for a hot minute but when it came time to pay of the debt they racked up, the people said hell no. Britain and other European countries got supa-dupa mad but do we care? Think not, now leave us alone and let us get back to fishin'n'shit.

One thing people tend to forget though is that Iceland been over a thousand years in the making, surely mistakes were made but people didn't fall for propaganda and such so the next logical thing to do is to come up with a solution.

Eigid godan dag kaeru landsmenn!

that's because Iceland is sovereign and not under the control of the criminal enterprise known as the federal reserve banking cartel, it's in full control over it's central bank and monetary policy...smart

 

[Swiper]

Iceland is green, Greenland is icy.

 

[LAM]

Well...I've learned something new.

There's your shining example of that what LAM wants: bankruptcy and the nationalization of the banking industry.

and you do know that in 1921 the US Treasury handed over ALL of it's duties to the Federal Reserve don't you?
The Independent Treasury Act - 41 Stat. at L. 631

what does this 3rd paragraph say:

"The Secretary of the Treasury is hereby authorized, in his discretion, to transfer any or all of the duties and functions performed or authorized to be performed by the assistant treasurers above enumerated, or their offices, to the Treasurer of the United States or the mints or assay offices of the United States, under such rules and regulations as he may prescribe, or to utilize any of the Federal reserve banks acting as depositaries or fiscal agents of the United States, for the purpose of performing any or all of such duties and functions, notwithstanding the limitations of section 15 of the Federal reserve Act, as amended, or any other provisions of law: Provided, That if any moneys or bullion, constituting part of the trust funds or other special funds heretofore required by law to be kept in Treasury offices, shall be deposited with any Federal reserve bank, then such moneys or bullion shall by such bank be kept separate and distinct from the assets, funds, and securities of the Federal reserve bank and be held in the joint custody of the Federal reserve agent and the Federal reserve bank: Provided further, That nothing in this section shall be construed to deny the right of the Secretary of the Treasury to use member banks as depositaries as heretofore authorized by law.

The Secretary of the Treasury is hereby authorized to assign any or all the rooms, vaults, equipment, and safes or space in the buildings used by the subtreasuries to any Federal reserve bank acting as fiscal agent of the United States."

The Federal Reserve is not Federal nor does it have any Reserves, its main asset is the Bonds received from the US Government which give the US Government the power to spend the money created from the monetization of the credit of each American used as collateral and then brought into circulation.

the banks are already bankrupt and the US banking system is under the control of the Federal Reserve System...why do you think the lower the interest rates on deposit accounts are the higher the bond yields go.

you do realize that in 2009 the FED and U.S Dept of The Treasury secretly "loaned out 16T USD to the fraudulent US financial sector and certain large firms. now what exactly would you call these institutions? insolvent maybe, that would be when the debtor has a inability to pay it's debts. what another world for that? bankrupt maybe...

you've been sold a big lie and you believe in a system that is based on lies deceit and debt. LOL your protecting the banks, how's that .8% APR on your deposit accounts treating you? good thing they are looking out for you and yours with the real inflation rate being what 4-5% a year..

 

[bio-chem]

and you do know that in 1921 the US Treasury handed over ALL of it's duties to the Federal Reserve don't you?
The Independent Treasury Act - 41 Stat. at L. 631

what does this 3rd paragraph say:

"The Secretary of the Treasury is hereby authorized, in his discretion, to transfer any or all of the duties and functions performed or authorized to be performed by the assistant treasurers above enumerated, or their offices, to the Treasurer of the United States or the mints or assay offices of the United States, under such rules and regulations as he may prescribe, or to utilize any of the Federal reserve banks acting as depositaries or fiscal agents of the United States, for the purpose of performing any or all of such duties and functions, notwithstanding the limitations of section 15 of the Federal reserve Act, as amended, or any other provisions of law: Provided, That if any moneys or bullion, constituting part of the trust funds or other special funds heretofore required by law to be kept in Treasury offices, shall be deposited with any Federal reserve bank, then such moneys or bullion shall by such bank be kept separate and distinct from the assets, funds, and securities of the Federal reserve bank and be held in the joint custody of the Federal reserve agent and the Federal reserve bank: Provided further, That nothing in this section shall be construed to deny the right of the Secretary of the Treasury to use member banks as depositaries as heretofore authorized by law.

The Secretary of the Treasury is hereby authorized to assign any or all the rooms, vaults, equipment, and safes or space in the buildings used by the subtreasuries to any Federal reserve bank acting as fiscal agent of the United States."

The Federal Reserve is not Federal nor does it have any Reserves, its main asset is the Bonds received from the US Government which give the US Government the power to spend the money created from the monetization of the credit of each American used as collateral and then brought into circulation.

the banks are already bankrupt and the US banking system is under the control of the Federal Reserve System...why do you think the lower the interest rates on deposit accounts are the higher the bond yields go.

you do realize that in 2009 the FED and U.S Dept of The Treasury secretly "loaned out 16T USD to the fraudulent US financial sector and certain large firms. now what exactly would you call these institutions? insolvent maybe, that would be when the debtor has a inability to pay it's debts. what another world for that? bankrupt maybe...

you've been sold a big lie and you believe in a system that is based on lies deceit and debt. LOL your protecting the banks, how's that .8% APR on your deposit accounts treating you? good thing they are looking out for you and yours with the real inflation rate being what 4-5% a year..

Yes, Yes, Yes lam. We know. you hate the federal reserve, and it is evil. The master of the universe and the great I AM. Yet your one example of a country running things correctly went bankrupt in 2008. Your argument has failed dude.

None of us has been sold a lie. We don't trust banks, and we don't trust our government. We also don't trust that you know the answers to any of the problems we are facing. So we are pretty much batting for the cycle here now aren't we?

 

[DOMS]

None of us has been sold a lie. We don't trust banks, and we don't trust our government.

I've also never trusted a president just because he was white.

 

[DOMS]

Why do we needs guns? No reason, really...

Machine gun fire from military helicopters flying over downtown Miami Fl. - YouTube

 

[LAM]

None of us has been sold a lie. We don't trust banks, and we don't trust our government. We also don't trust that you know the answers to any of the problems we are facing. So we are pretty much batting for the cycle here now aren't we?

I know the causes and the problem is there ARE NO ANSWERS, the system is designed to fail eventually. the oligarchy has historically caused economic collapse in every single country its been seen in.

do you neglect to put oil in your car and seize the engine if you truly cared about the future of your engine or vehicle? same exact principle.

you don't cause problems that you know your going to have to fix in the future, unless your not planning on the latter. this is what you guys still haven't accepted.

Looking Back on the Limits of Growth | Science & Nature | Smithsonian Magazine

40 years “LIMITS TO GROWTH” | THE CLUB OF ROME (www.clubofrome.org)

 

[bio-chem]

I know the causes and the problem is there ARE NO ANSWERS, the system is designed to fail eventually. the oligarchy has historically caused economic collapse in every single country its been seen in.

do you neglect to put oil in your car and seize the engine if you truly cared about the future of your engine or vehicle? same exact principle.

you don't cause problems that you know your going to have to fix in the future, unless your not planning on the latter. this is what you guys still haven't accepted.

NO, this is what you ASSUME others haven't accepted. You live in your internet bubble. you don't know us, but you assume you have an intellectual superiority, and must educate the masses in your condescending tone. you have 2 followers on this board after posting 14K times in 14 years. at this rate you will be able to open your own church branch in 60 years

 

[Gissurjon]

I never called it socialism.

Banks all over the world, both state-owned and private, tanked during the recession. It the heyday decade of the 90s, everyone was making money. So saying that being privatized cause the problem is specious, at best. And being state-owned guarantees nothing. However, I'm not against making at least a few of the banks that were bailed out becoming state-owned and seeing how they do.

I meant "you" more as "a person" I know you didn't use the word since I read your post. When the banks were privatized the regulation that banned exactly what lead to the crisis was wiped out. There still would have been damage but nowhere close to what happened and I'll tell you one of the reasons why. Iceland produces enough lamb, beef, fish, vegetables, etc. to support the nation for the most part. They are not very oil dependent as all the energy comes from geothermal sources as well as other completely renewable sources, shit we even export energy. If Iceland could not import anything, they could survive. The privatization of the banks opened them up to the world like never before, they grew way larger than the national GDP all while the growth was "fake". So when I tell you privatization fucked up my country, it fucked up my country.

that's because Iceland is sovereign and not under the control of the criminal enterprise known as the federal reserve banking cartel, it's in full control over it's central bank and monetary policy...smart

There is now a push from the right back home to join the European Union and start using the euro, peeps is saying hell no, they rather take the risk of a small country with their own currency than to be under the control of foreign nations.

Iceland is green, Greenland is icy.

Greenland is icy, Iceland hasn't been green for hundreds of years. It is technically a desert as not much wild vegetation grows there. Mighty Ducks is a great movie though.

 

[DOMS]

I meant "you" more as "a person" I know you didn't use the word since I read your post. When the banks were privatized the regulation that banned exactly what lead to the crisis was wiped out. There still would have been damage but nowhere close to what happened and I'll tell you one of the reasons why. Iceland produces enough lamb, beef, fish, vegetables, etc. to support the nation for the most part. They are not very oil dependent as all the energy comes from geothermal sources as well as other completely renewable sources, shit we even export energy. If Iceland could not import anything, they could survive. The privatization of the banks opened them up to the world like never before, they grew way larger than the national GDP all while the growth was "fake". So when I tell you privatization fucked up my country, it fucked up my country.

Very, very few countries can say this.

As for the banks, there's no reason for me to disagree with privatization hurting them more. Thinking about it, if they were state-owned, they'd be less (but not entirely disinclined) to take big risks for big profits. Then again, at least in my country, government run programs are a bit worse than a 50/50 bet. So there's no easy answer. What I'd like to see is a mix of private and government-owned banks. Diversity is king, baby.

But yeah, too many people wrongly associate state-run with socialism. I'm mostly against it when it comes to the redistribution of wealth, which the privatization of banks would not be.

There is now a push from the right back home to join the European Union and start using the euro, peeps is saying hell no, they rather take the risk of a small country with their own currency than to be under the control of foreign nations.

NO! Don't do it. I can go on and on about how that's a very, very bad idea. Not the least of which is letting someone else control your currency. The EU was born mostly out of jealousy and greed.