Globalism destroyed the USA.
There is no way a US worker can compete with a child slave laborer or a Chinese wage slave.
Reguardless of regulation or taxes...
The manufacturing was exported out to stop the wage inflation that was feeding the hyperinflation of the 1970's.
The system is imploding because all the just think positive ignore the negative drones at the start could not see the logical conclusion...the implosion.
It's negative...It's ignored...All that the drones see is the positive...until they arrive at the logical conclusion then they are forced to see what they have been ignoring all along because it becomes impossible to ignore the negative any longer.
To them Truth is negative because the lies that they tell to themselves and fall in love with are positive.
Yes is positive
and no is negative.
Everyone is entitled to their opinion...right?
Well the Antonym or opposite of opinion is Fact.
So then
everyone is entitled to their lies.
At some point interest rates will rise...but they are too high now...so once they start rising...it won't matter.
They drop and rise in search of volume...they have been dropping for 28 years...and basically can't find any volume...And if there is no volume lower then there will be none higher.
Basically the whole thing needs to implode to oblivion and start from scratch.No new system can be implemented until this one totally deflates down to almost zero. Then there are all the fate resisters that have to be
taken care of...It will take many years even if they have a perfect foolproof transition plan.
The problem is taking more than you give or compound interest...so any system that still allows that will just inflate to maximum potential and implode again...The reaction is the same each time and the solution is as well.12,000/year lent out at 5% interest for 20 years is $416,631
Lets say you stopped adding and just compounded $416,631 for another 30 years.
You would have $1,800,655 after 50 years and if you started at 20 you would be 70 years old.
Lets figure out what gain you would need to turn $12,000 into 1 million in 5 years...after the first year to save it up.
$12,000 lent out at 142.2% interest for 5 years is $1,000,119.60
Lets say you saved 1 British pound when the bank of England was founded in 1694 at 5%
You would have 4,502,356 British pounds...
Lets say the royal family stored their 250,000 British pounds there.
That's 1,125,589,198,005.70 or 1.1 Trillion British pounds...
Must be alot of off balance sheet wealth somewhere.
Amortization...or why is real estate so important.
Median house price in 2006 was $255,000 lets say...
And you need to request a commercial bank to manufacture $245,000
The bank looks at your income and it's theoretically possible that you can service it...and you are approved...
The bank creates an asset and a liability of $245,000 and amortizes it at 6% for 30 years.
You use it to buy the house...
so basically the money supply just increased by $245,000The payment is 1468.90...The principal is $243.90...So the asset and liability both shrink to $244,756.10...and the money supply of the USA shrinks by $243.90
The interest is kept by the bank...and it's $1225 per month...It's still $1000 by Sept 2019.
$1000+ per month for 11 years is pretty good...
for a few key strokes.
Total Interest after 30 years is $283,803.56 of course the original money created or $245,000 shrinks to zero...for an increase of the money supply over 30 years by $38,803.56
Real estate is the ultimate source of new money creation/inflation in an economy since the money lasts so long.
It's the largest source of revenue for a commercial bank because the Interest is front loaded and lasts a long time.
It is interest...
Interest attached to the medium of exchange is the cause of fractional reserve banking...
ALLOW ME TO TAKE MORE OF ANOTHERS POWER THEN I GIVE AND I CARE NOT WHO MAKES THE RULES OF THE GAME YOU ARE ALL PLAYING.
BECAUSE EVENTUALLY I WILL SUCK ALL THE POWER FROM THE HANDS OF THE MANY INTO THE HANDS OF THE FEW OR ONE.
AND THEN THEY WHO HAVE THE POWER WILL MAKE THE RULES OF THE GAME YOU ARE ALL PLAYING.
Who am I...
I'm the Top and you are the bottom.
All we at the top have to do is attach Interest to all the money that we loan to the bottom...higher than the rate of production of the money...And "we" at the "top" will steal it all back again.
We will own the whole money supply...We will just keep relending it back into circulation and you all will just keep paying the rent.
And if attaching interest to the medium of exchange is not against the rules of the game...Also if it's not against the rules of the game to take more than you give...
THEN IT'S OBVIOUSLY NOT STEALING.
Of course if you are just a game player...
Plunder is taking more than you give.
Attaching interest to the medium of exchange is taking more than you give.
Attaching interest to the medium of exchange is plunder
"When plunder becomes a way of life for a group of men living together in society, they create for themselves in the course of time, a legal system that authorizes it and a moral code that glorifies it."--Frederic Bastiat
The fractional reserve credit system was the solution...because once the money supply is utilized to its maximum potential it becomes impossible for the bottom to pay the rent...
Like the money supply owned by the top is 1 Billion silver pieces but the bottom owes 1 Billion + 5% to the top.
And then 1 Billion +5%+5% every year...+5% more....
I wonder why the rich get richer and the poor get poorer?Who knows maybe one day we will find out...Until then please give generously to the help find a cure for moronism foundation...Because together...we will find the cure.
Interest attached to the medium of exchange is the cause of the need for fractional reserve banking.
It's why the commercial banking credit system was created...to suport the worshippers of the compounding interest equation as the path to salvation.
The problem in the USA is that consumers are not requesting enough new money to be manufactured to service the existence of the previously manufactured money...the growth rate of the money supply has slowed by the most in 64 years and the assets used as collateral that are inflated with previously manufactured money...need newly created money to sustain their inflation or they drop in price...
That's one problem with the reserve requirements...the collateral has contracted in price...the other is that 1.4 Trillion less new money has been created compared to last year and the banks are
short 1.4 Trillion in revenue and profit.
Remember when Ben said that they would just print money and every idiot on Earth piled up their life savings on the hyperinflation bet...and then once they were all leveraged to the max...
The wheel of fortune stopped spinning and landed on deflation...and everyone lost...
Oil and other commodities are dropping because US consumers are exhausted and have been requesting commercial banks to manufacture way less Dollars than last year. (unable to sustain hyperinflation)
1.4 Trillion less liquidity circulating globally than is needed...
It's why the whole global system is caving in.All the massive mind boggling amounts of infusions to date...are loans that have to be paid back within days or months backed by pre-existing collateral and income...no new money has been created.
They are not pumping Trillions into the hands of the consumers...
They are just supplying short term loans to banks which are servicing the loans with their current income and assets.
Ultimately they are treading water until the maxed out consumers all of a sudden start requesting commercial banks to manufacture more new money.
Unfortunately
maxed out consumers can't...
I don't know why exactly you all just account for yourselves...but that's the problem...everyone supports you...you don't support them...but you people think you support everyone else.
This belief is a huge cherished delusion at the top...
rich people generally seem to think that without them the bottom would collapse but it's actually the other way around...the bottom supports the top.The consumers support the banks...the banks don't support the people.
The bank collapses are an effect...Of the cause...exhausted consumers.
The bottom just can't support the top anymore.
It's borrowed...Unlimited borrowing. The commerical banks have an unlimited ability to create money...
Unfortunately consumers have a limited ability to request its creation.
This is just to keep the banks from imploding due to the drop in consumer requests to create new money...the circulation is broken...
This will do nothing to address the inability of the consumers to request the required amount of new money to service the continued existence of the previously created money.
It's the difference between swimming to safety or treading water until you grow tired and drown.
The unlimited is ultimately limited...
How FED borrowing works...
a commercial bank uses its income or an asset as collateral for a loan short term at wholesale rates that it will sell to consumers for long term at retail rates.
Without a consumer signing on the dotted line and servicing it....
jigs up.
Like all the sub primes that blew up...scraped the bottom of the barrel and found signers....
but they could not service them...poof game over.
And at some point increasing the supply of treasuries will cause rates to rise...Which will cause further consumer demand destruction.
Of course the consumer will not be done consuming...but it's the
amount they consume.
The compound interest equation at the core of all the accounting algorithms...I lend you $100 dollars as long as you agree to pay me back $105.
Obviously to satisfy that you have to consume $5 more dollars.
If you can't and lets say can only consume $98...game over.
The demand for the system to inflate is there but the
ability is not.
The entire money supply is debt 51 trillion dollars...and in order to sustain its circulation...
the consumers/workers must service its continued circulation.
or it slows then stops then implodes.
I lend you 49.8 Trillion dollars at the start of 2008 as long as you agree to pay me back 54.2 Trillion dollars at the end of 2008 at 2007 growth rates of an average of 12 Billion dollars of new money requested by consumers a day.
But so far in 2008 at an average growth rate of an average of 6.99 Billion dollars of new money requested by consumers a day...It works out to 52.4 Trillion dollars.
There is 1.8 Trillion dollars less being requested by consumers this year...it's why the banks and Wall Street are crumbling and the global economy is going into recession.The only way to escape is for US consumers to reflate out of the hole (recession) they are in...but if they are maxed out...
there is no escape.
The FED provides short term liquidity for Treasuires so that they can be slowly exchanged for money.
How treasuries work...The Congress authorizes the US Treasury to issue lets say 700 Billion dollars of treasuries...The FED then buys them with credit in the form of a check...the FED then sells them to the primary dealers...or the Global banking system for Federal Reserve notes...where do the banks get the cash?
The US government cashes the check...And the money comes out of the account that the money from the sales of the bonds to the dealers shows up in.
The process takes weeks or months to increase the supply of bonds without causing unwanted interest rate fluctuations.
US Consumers request commercial banks to manufacture money...that the consumers blow into the economy.
From 1945 to now...about 50.8 Trillion dollars of new money...or credit which is debt that has been requested by US consumers...
The US Government in the same period of time has isssued 9.8 Trillion dollars worth of treasuries and "Borrowed" 9.8 Trillion of the 50.8 Trillion dollars of new money...or credit which is debt that has been requested by US consumers...
If 700 billion dollars of treasuries was dumped into the markets all at once...the interest rates would spike up...
This process is a way basically to borrow money from all the banks in the world without having to deal with each one individually.
All the countries on Earth have this exact same system...there is no real difference between the banking/political system in the USA or any others in the world.
Consumers generate the money...They stop...game over.They either start subsidizing the US consumer...
By sending them emergency postponement of the end of the world checks...Or forget it...
This mess will just crumble to the
implosion point and poof...game over.
Right now the growth rate has slowed by the most in 62 years.
Money is still being produced by consumers...
But not enough to keep the system from crumbling. Too slow and the growth rate of the money supply will go negative...all the prices you see now...basically hyperdeflate since supply can't be cut faster than demand drops.
In the case of real estate...You would have to basically drop nukes on cities to reduce the supply fast enough to sustain price...but that obviously is not an option.Home equity will continue to be destroyed until there is a resumption of the massive sales boom...basically a return to 2006-2007 levels of activity.
Ultimately the US real estate bubble will pop and wipe out Trillions of dollars of assets.
Assets that are backing the requests by US consumers for commercial banks to manufacture more new money.
14 Trillion or so...the largest portion of global assets.
Japan's real estate bubble imploded almost 18 years ago and has not recovered...then people say that they are doing Ok...Ya on US life support the past 18 years...slurping up massive amounts of US consumer debt inflation...But when the USA caves..the inflation imports will stop...Japan will then resume their implosion to oblivion.
Gold is dropping because it should be...If it shouldn't be dropping...It wouldn't be.
It's so simple.
Who came up with the idea of speculative Gold markets?
Poor people or rich people?
How do you think rich people would design the markets they own? So that when the markets started operating the rich would be transformed into poor people or that they would become richer?
You all are obviously only dreaming that you are awake.
Maybe you all went to school to learn how to be stupid.
A 100% Gold or silver backed currency system has not existed for at least 600 years...and it's most likely closer to 1000.
This current compounding interest commercial banking credit system has been in operation in the USA before the USA even existed.
There has never been enough gold and silver in circulation to sustain such a system...the appearance...yes...an actual functional system...no.
It's been fractionally reserved for centuries.
It's just now that the descendants of chattel slaves have risen up to the point that they can begin to see what they haven't for 1000's of years.
"While boasting of our noble deeds we're careful to conceal the ugly fact that by an iniquitous money system we have nationalized a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery."--Horace Greeley
Yes we are the smartest stupid people that have ever existed.
When a student exposes the social engineers to truth behind their lies they inculcate to the indifferent...
the social engineers inform the student that their job or function as student is to be engineered by the engineers or they will be escorted out of the social engineering institution...force will be increased in porportion to the resistance until the student performs their job or function as they are supposed to according to the accepted rules of the game of absolute capitalism.
Human Beings pop into existence powerless surrounded by the powerful who use their power to transform Human beings in to Monsters then tell them that Monsters are just a fairy tale.
"The subjects of every state (Bottom) ought to contribute towards the support of the government (TOP), as nearly as possible in proportion to the revenue which they respectively enjoy under the protection of the state."--Adam Smith, Wealth of Nations 1776
Governments of the absolute capitalistic hierarchial food powered make work enterprise are
administration systems of the enterprise constructed and sustained by the bottom or employees at the demand of the top or owners of the absolute capitalistic hierarchial food powered make work enterprise
"The understandings of the greater part of men are necessarily formed by their ordinary employments. The man whose life is spent in performing a few simple operations. . . has no occasion to exert his understanding. . . Of the great and extensive interests of his country he is altogether incapable of judging. . . . The uniformity of his stationary life naturally corrupts the courage of his mind."--Adam Smith, Wealth of Nations 1776
"Consider... the university professor. What is his function? Simply to pass on to fresh generations of numskulls a body of so-called knowledge that is fragmentary, unimportant, and, in large part, untrue. His whole professional activity is circumscribed by the prejudices, vanities and avarices of his university trustees, i.e., a committee of soap-boilers, nail manufacturers, bank-directors and politicians. The moment he offends these vermin he is undone. He cannot so much as think aloud without running a risk of having them fan his pantaloons."--H. L. Mencken
Simplicity adds up to the multiplication of complexity which is then divided unequally to obtain the required yield of power the absolute capitalists want to manipulate the Universe how they desire.
“The study of money (Power), above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.”--John Kenneth Galbraith Money: Whence it came, where it went - 1975, p15
"All the perplexities, confusions and distresses in America arise not from defects in the constitution or confederation, not from want of honor or virtue, as much as from downright ignorance of the nature of coin, credit and circulation."(Absolute capitalist economics and power)--PRESIDENT JOHN ADAMS
Economics (absolute capitalistic and responsible capitalistic) is not an invention it is a discovery
"Economics is extremely useful as a form of employment for economists."--John Kenneth Galbraith
Everything and all life in and including the Universe itself capitalize on Truth to sustain its and their existence
TRUTH IS INFINITE AND INDESTRUCTIBLE
The worshippers of the compounding interest equation will bear its burdens without complaint and perhaps without even suspecting that the equation is inimical to their interests while those who follow the worshippers will complain about the effects but will be ignorant of the cause.
"While boasting of our noble deeds, we are careful to control the ugly fact(Mass media A.K.A. commercial persuasion) that by an iniquitous money (Power accounting) system, we have nationalized (And now Globalized) a system of oppression which, though more refined, is not less cruel than the old system of chattel slavery."--HORACE GREELY
Ignorance of truth is the root of all evil
"Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the POWER to create deposits, and with the flick of the pen, they will create enough deposits, to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits."--SIR JOSIAH STAMP, (
President of the Bank of England in the 1920's, the second richest man in Britain)
Allow me to take more than I give of anothers POWER and I care not who makes the rules...
Money is a food substitute...food is power
POWER is the medium of exchange
Mt 7:21
Not every one that saith unto me, Lord, Lord, shall enter into the kingdom of heaven; but he that doeth the will of my Father which is in heaven.
Mt 7:22
Many will say to me in that day, Lord, Lord, have we not prophesied in thy name? and in thy name have cast out devils? and in thy name done many wonderful works?
Mt 7:23
And then will I profess unto them, I never knew you: depart from me, ye that work iniquity.
All in the absolute capitalist system that do not resist it...Support and eventually worship iniquity as the path to salvation.
"Don't be deceived when they tell you things are better now. Even if there's no poverty to be seen because the poverty's been hidden. Even if you ever got more wages and could afford to buy more of these new and useless goods which industries foist on you and even if it seems to you that you never had so much, that is only the slogan of those who still have much more than you. Don't be taken in when they paternally pat you on the shoulder and say that there's no inequality worth speaking of and no more reason to fight because if you believe them they will be completely in charge in their marble homes and granite banks from which they rob the people of the world under the pretence of bringing them culture. Watch out, for as soon as it pleases them they'll send you out to protect their gold in wars whose weapons, rapidly developed by servile scientists, will become more and more deadly until they can with a flick of the finger tear a million of you to pieces."--Jean Paul Marat, 18th Century French Visionary
"The Earth is degenerating these days. Bribery and corruption abound. Children no longer mind their parents, every man wants to write a book, and it is evident that the end of the world is fast approaching."--Assyrian Stone Tablet, c.
2800BC "In the first place, then, it is patent that in our days, not wealth alone is accumulated, but immense power and despotic economic domination are concentrated in the hands of the few, who for the most part are not the owners but only the trustees and directors of invested funds, which they administer at their own good pleasure…This domination is most powerfully exercised by those who, because they hold and control money, also govern credit and determine its allotment, for that reason supplying so to speak, the life blood of the entire economic body, and grasping in their hands, as it were, the very soul of production, so that no one can breathe against their will…"--POPE PIUS XI
"This is a staggering thought. We are completely dependent, on the (compounding interest) Commercial Banks. Someone has to borrow (Request the manufacture of) every dollar, we have in circulation, cash or credit. If the Banks create (At the request of the consumer) ample synthetic money (All money is fiat), we are prosperous; if not, we starve. We are, absolutely, without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity, of our hopeless position, is almost incredible, but there it is. It is the most, important subject, intelligent persons can investigate and reflect upon. It is so important that our present civilization may (Not may...Inevitably will) collapse (Implode), unless it becomes widely understood, and the defects remedied very soon." (the remedy will cause the implosion)--ROBERT H. HEMPHILL (Credit Manager of Federal Reserve Bank, Atlanta, Georgia 1938)
"Slavery is likely to be abolished by the war power and all chattel slavery abolished. This I and my European friends are in favor of, for slavery is but the owning of labor and carries with it the care of the laborers, while the European plan, led on by England, is that capital shall control labor by controlling wages. The great debt that the capitalists will see to it is made out of the war, must be used as a means to control the volume of money. To accomplish this the bonds must be used as a banking basis. We are now waiting for the Secretary of the Treasury (Salmon P. Chase) in the Lincoln cabnet) to make this recommendation to Congress. It will not do to allow the greenback, as it is called, to circulate as money any length of time, as we can not control that. But we can control the bonds and through them the bank issues."--FROM A SECRET AGENT - 1862
"I have completed to-day a very great thing. I have finished the National Bank Act. It will be a blessing to the country long after I am dead."--Salmon P. Chase, Lincoln's Secretary of the Treasury
Lies can outlive liars.
"My agency, in promoting the passage of the National Bank Act, was the greatest mistake in my life. It has built up a monopoly which affects every interest in the country. It should be repealed, but before that can be accomplished, the people should be arrayed on one side, and the banks on the other, in a contest such as we have never seen before in this country."--Salmon P. Chase is the picture on the largest denomination Federal Reserve Banknote ever produced the $10,000 and the Chase in Chase Manhattan Bank.
"The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt modern civilization."--OTTO VON BISMARCK, German Chancellor (1815-1898)
"I set to work to read the Act of Parliament by which the Bank of England was created in 1694. The inventors (Evil manipulators of the Universe) knew well what they were about. Their design was to mortgage by degrees the whole of the country (And now Earth), all the lands, all the houses, and all other property, and even all labor, to those who would lend their money to the State—the scheme, the crafty, the cunning, the deep scheme has produced what the world never saw before—starvation in the midst of plenty."--WN. COBBETT
"The few (Absolute capitalists at the top of the absolute capitalist Hierarchy) who profit (Yield POWER) from the labor of the masses (The many below the top or the bottom) want to organize the workers (drones) into an army (Of absolute capitalistic yield locusts) which will protect the interests of the (Absolute) capitalists."--Helen Keller, 1916
Absolute capitalists employ Absolute self indulgent reason to solve the problem of existence within the Universe. So do animals and lightning bolts since it is the path of least resistance
"I can hire one half of the working class to kill the other half."--Jay Gould, robber baron (Absolute capitalist), 19th Century
"The idea was that those who direct the overall (Open) conspiracy could use the differences in those two so--called ideologies marxism/fascism/(Corrupted)socialism (Absolute capitalistic) vs. democracy/capitalism (Absolute capitalistc) to enable them to divide larger and larger portions of the human race into opposing camps so that they could be armed and then brainwashed into fighting and destroying each other."--from The Illuminati and the Council on Foreign Relations by Myron Fagan
"(Absolute) Capitalism is the astounding belief (delusion or a lie you tell to yourself) that the most wickedest of men will do the most wickedest of things for the greatest good of everyone."--JOHN MAYNARD KEYNES
"America's abundance was not created by public sacrifices to "the common good," but by the productive genius of free men who pursued their own personal interests and the making of their own private fortunes."--Ayn Rand (Absolute capitalist)...Entertains the above mentioned astounding delusion.
"I am rich and proud of every penny I own. I made my money by my own effort, in free exchange and through the voluntary consent of every man I dealt with — the voluntary consent of those who employed me when I started, the voluntary consent of those who work for me now, the voluntary consent of those who buy my product. I shall answer all the questions you are afraid to ask me openly. Do I wish to pay my workers more than their services are worth to me? I do not. Do I wish to sell my product for less than my customers are willing to pay me? I do not. Do I wish to sell it at a loss or give it away? I do not. If this is evil, do whatever you please about me, according to whatever standards you hold. These are mine. I am earning my own living, as every honest(?) man (Woman) must. I refuse to accept as guilt the fact of my own existence and the fact that I must work in order to support it. I refuse to accept as guilt the fact that I am able to do it and do it well. I refuse to accept as guilt the fact that I am able to do it better than most people — the fact that my work is of greater value than the work of my neighbours and that more men are willing to pay me. I refuse to apologize for my ability — I refuse to apologize for my success — I refuse to apologize for my money."--Ayn Rand again (Absolute capitalist) who became rich taking more than she gave entertaining the masses with fiction (Lies) which she claims to be better than most at telling.
"I work for a Government I despise for ends I think criminal."--JOHN MAYNARD KEYNES, (Chief Architect with Harry Dexter White of the 1944 Bretton Woods system)
"Faced with the choice between changing one's mind and proving that there is no need to do so, almost everybody (All who choose to employ absolute self indulgent reason) gets busy on the proof." "If you feed enough oats to the horse, some will pass through to feed the sparrows." - in relation to trickle-down economics
"Under (Absolute) capitalism, man exploits man. Under communism (Absolute capitalism), it's just the opposite.""The only function of economic forecasting is to make astrology look respectable."
"The modern conservative (absolute capitalist) is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness."
"People of privilege (Absolute capitalists) will always risk their complete destruction rather than surrender any material part of their advantage. (Power)"
"One of my greatest pleasures in my writing has come from the thought that perhaps my work might annoy someone of comfortably pretentious position. Then comes the realization that such people rarely read."--John Kenneth Galbraith the above 7 quotes.
"A banker (Any absolute capitalist) is a person that lends you his umbrella when the sun is shining and wants it back the minute it rains."--Mark Twain
"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the Field of commerce and manufacture, are afraid of something. They know that there is a POWER somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they better not speak above their breath when they speak in condemnation of it."--Woodrow Wilson
"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated governments in the civilized world, no longer a government by free opinion, no longer a government by conviction and the vote of the majority, but a government by the opinion and duress of a small group of dominant men."--Woodrow Wilson the face on the $100,000 Gold certificate.
"The essential claim of sophistry is that the actual logical validity of an argument is irrelevant (if not non-existent); it is only the ruling of the audience which ultimately determines whether a conclusion is considered "true" or not. By appealing to the prejudices and emotions of the judges, one can garner favorable treatment for one's side of the argument and cause a factually false position to be ruled true."--Sophistry A.K.A Democracy or Truth by Popular delusion/concensus
"We must win the war of democracy"
"A lie told often enough becomes the truth."--Vladimir Lenin
A lie is designed to masquerade as Truth and since Truth is infinite and indestructible and never changes must mimic truth by not changing
"The goal of socialism is communism."(Absolute capitalism)--Vladimir Lenin
"Democracy is indispensable to socialism"--Vladimir Lenin
"Capitalist dupes will sell us the rope with which to hang them."--Vladimir Lenin
All below the top are useful idiots in the absolute capitalist hierarchy
"Communism (Absolute capitalism); the longest and most painful route from (Absolute) capitalism to (Absolute) capitalism."--Mark Twain
"Seek the company of those who are looking for the truth, but run from those who have found it."--Vaclav Havel, President of Czechoslavkia, now the Czech Republic
