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Central banks: Perfect tyranny?

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johnnyfog Actual Wrestling Legend from the Zocalo Since: Apr, 2010 Relationship Status: They can't hide forever. We've got satellites.
Actual Wrestling Legend
#1: Jul 17th 2011 at 7:57:43 PM

It was only a few years back that organizations like the World Bank, the IMG, and Goldman Sachs were tools of the first world.

Now, to prevent taking a loss, the high rollers are leaning on Ireland, Greece, Iceland et. al. to socialize (really, oligrachize) their debts. Or, essentially, give the European Central Bank (ECB) control over the legislative decisions of every country unfortunate enough to be in the EU. In the ex-Soviet countries, the banks are trotting out a test run of the "flat tax", forcing those societies into the most extreme cases of wealth diffusion since — well, the middle ages.

I hardly have to go into how this applies to the US. Goldman Sachs is basically a fourth branch of the government.

To a man, this has the potential to be the most flawless tyranny ever conceived. We are dependent on the central banking system to be fed and clothed. Most of us don't understand macroeconomics, much less agree on how it operates. In a sense, this replaces the old cloak of mystery which surrounds monarchy. These banks are amorphous ''and tightly interlinked. How do you hope to speak out against such unaccountable, absolute power?

I'm a skeptical squirrel
Erock Proud Canadian from Toronto Since: Jul, 2009
Proud Canadian
#2: Jul 17th 2011 at 7:59:17 PM

Fuck that I'm in Canada.

If you don't like a single Frank Ocean song, you have no soul.
LilPaladinSuzy Chaotic New Troll from 4chan Since: Jul, 2010
Chaotic New Troll
#3: Jul 17th 2011 at 7:59:51 PM

The three wise men - Alex Jones, David Icke, and Jeff Rense - will lead us out of the darkness and expose the conspiracy!

And then Jesus will come back.

Would you kindly click my dragons?
Erock Proud Canadian from Toronto Since: Jul, 2009
Proud Canadian
#4: Jul 17th 2011 at 8:01:11 PM

Seriously, don't worry. Only the States ar under any threat of oligrachy, and Russia is one anyways.

If you don't like a single Frank Ocean song, you have no soul.
GameChainsaw The Shadows Devour You. from sunshine and rainbows! Since: Oct, 2010
Shichibukai Permanently Banned from Banland Since: Oct, 2011
Permanently Banned
#6: Jul 19th 2011 at 12:15:01 PM

I can't tell if this is a cheap parody, or a serious realisation on the part of the OP.

Requiem ~ September 2010 - October 2011 [Banned 4 Life]
LoveHappiness Nihilist Hippie Since: Dec, 2010
Nihilist Hippie
#7: Jul 19th 2011 at 12:21:43 PM

All banks are tyranny. smile

"Had Mother Nature been a real parent, she would have been in jail for child abuse and murder." -Nick Bostrom
Karkadinn Karkadinn from New Orleans, Louisiana Since: Jul, 2009
Karkadinn
#8: Jul 19th 2011 at 12:22:42 PM

Yeah, I think we're all pretty much used to it by now. Yes, banks own the world. Money always translates to power. Whaddaya gonna do ahbowdit?

Furthermore, I think Guantanamo must be destroyed.
breadloaf Since: Oct, 2010
#9: Jul 19th 2011 at 12:51:50 PM

I don't know about the ECB but countries by themselves should have a central bank. It's not perfect tyranny. You vote for the politicians that are in charge of the institution in the first place.

On that note, the USA should get itself a central bank. The Federal Reserve does not count.

Yej See ALL the stars! from <0,1i> Since: Mar, 2010
See ALL the stars!
#10: Jul 19th 2011 at 1:04:11 PM

Coming from the UK, which has the Bank of England, I am not sure I understand the concern. tongue

Da Rules excuse all the inaccuracy in the world. Listen to them, not me.
DrunkGirlfriend from Castle Geekhaven Since: Jan, 2011
#11: Jul 19th 2011 at 1:10:10 PM

@Yej: I think that he's imposing the American concept of "bank" on everything. From what I understand, banking in Europe is different.

Over here, all banks are private with the motivation of gambling your money to make profit. This leads to all sorts of fucked-up shit that pretty much wouldn't fly over there.

I'd probably flee the country if one of the major banks over here became state-sanctioned without changing their business policies.

edited 19th Jul '11 1:11:27 PM by DrunkGirlfriend

"I don't know how I do it. I'm like the Mr. Bean of sex." -Drunkscriblerian
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