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Date: 05/13/12 07:45 AM

8 Responses to 97% Owned: Positive Money Director`s Cut

  1. Profile photo of youlikeicecr
    youlikeicecr Male 30-39
    237 posts
    May 7, 2012 at 9:04 am
    Link: 97% Owned: Positive Money Director`s Cut - Where does money come from? Who creates it? Who decides how it gets used? You need to know.
  2. Profile photo of Gerry1of1
    Gerry1of1 Male 50-59
    36201 posts
    May 13, 2012 at 7:55 am

    An hour long... can someone sumarize it for me?

    I watch it later, tonight when I have time to sit down and watch a movie.
  3. Profile photo of 5Cats
    5Cats Male 50-59
    31783 posts
    May 13, 2012 at 8:19 am
    made it 0:47... YAWN! Cure for insomnia!!!
  4. Profile photo of jamie76
    jamie76 Male 30-39
    2346 posts
    May 13, 2012 at 10:06 am
    5Cats
    Male, 40-49, Canada
    9910 Posts Sunday, May 13, 2012 8:19:53 AM
    made it 0:47... YAWN! Cure for insomnia!!!


    remember that comment I made about avoiding info thatmight change your world view...ok ok, I know, now you cal me names then ignore me. got it!
  5. Profile photo of banur
    banur Male 18-29
    250 posts
    May 13, 2012 at 10:51 am
    Gerry if you want to learn something new, don`t watch it. It`s a waste of time.
    But it made me chuckle a few times.

    Basicly it`s the same `Banks are evil, they create money out of nothing` yadda yadda over and over again.
    There is not a single word about those who enable the banks to issue loans: the stupid people that want to buy and to buy NOW! but lack the money.

    One solution was to have two bank accounts: one which the bank can use to lend and the other that they can`t touch. I was like hey we already got that! Just stuff the money into your mattress, they can`t touch it there!

    The lady said she fears her nieces and nephews have to actually `work hard to have a roof over their head and keep it`. POOOOO! Work hard?!
  6. Profile photo of Kain1
    Kain1 Male 18-29
    1473 posts
    May 13, 2012 at 12:33 pm
    @banur: You haven`t understood a thing.

    The fact that privately owned and profit oriented corporations wield near absolute power over 97% of the money supply is the reason we`ve had a bubble-bust economy for the last 100+ years. As this documentary explaines, managing the money supply in a way that is profitable for the banks themselves is unsustainable by it`s very nature, because the debt that is nessecarily created in the process crashes the economy.

    There is not a single word about those who enable the banks to issue loans: the stupid people that want to buy and to buy NOW! but lack the money.

    Sigh... Please think before you speak..
    Most people don`t take out loans on things they don`t need. The bulk of all loans are for houses or cars, or small businesses that are expanding. In those cases, being able to take a loan nessecary.
  7. Profile photo of banur
    banur Male 18-29
    250 posts
    May 13, 2012 at 2:27 pm
    And how do you think the banks ended up with all that money?
    Because banks are able to issue loans when you put money in your account. They aren`t your personal piggy bank that will keep your money until you need it.
    A bank is a business and not a welfare institution.
    Why should they support the small business with a high default risk? Sure a new business creates jobs but if it defaults those are gone and the bank that gave the loan got nothing if they don`t have colateral.
  8. Profile photo of eovogt
    eovogt Male 18-29
    197 posts
    May 13, 2012 at 5:43 pm
    Based on the comments i read we`re all drated...Too many ignorant people on earth that are too lazy to get off their ass to do something about it.

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