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General : The Education of Ben Bernanke
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 Message 46 of 60 in Discussion 
From: KAHN  in response to Message 45Sent: 9/6/2008 6:28 PM

PUMA:  YOU WROTE:

<<<national id, no thanks. no way.>>>

I am astonished when people say they do not want a national ID.

Why should Illegal aliens, potential terrorist enjoy complete anonymity, while citizens of the United States of America are required to be easily identified, by their drivers license, their tax returns, the property  taxes, by their social security number, well you get the idea?

A federally mandated ID using Bio-metrics for positive identification, (iris scan, fingerprints, DNA, photograph and voce scans), would eliminate every avenue for identity fraud, kidnapping, social security fraud, just to name a few.

<<<as far as a cashless society goes. it will not prevent the most heinous crimes against society, it will only abet them. those who you say already manipulate us, will have free reign>>>

Well for all practical proposes we are now and have been for a number of years a cashless society.

Law abiding citizens have no qualms about using debit cards and credit cards.

The only people who do not take advantage of the existing cashless monetary system are the criminal element.

Drug dealers, bank robbers, fraud specialist, any crime committed for monetary gain can not exist without CASH.

You can not have a drug cartel in Mexico or anywhere else without cash.

<<<the world bank (u.s. branch = fed reserve) is the single most powerful (and most demented) crime syndicate on the face of this earth. whoever is in second place is not even in their ballpark.>>>

The U.S. can buy the Federal Reserve Bank system at anytime for about $1 billion dollars, the value of their physical assets.

But the beauty of a cashless monetary system is it puts the liquid assets of everyone in the U.S. in a federally operated bank, where every private bank account points to the liquid asset account in the Federal bank.

So everyone can have as many Bank accounts as they want, but only one liquid asset account in the Federal Bank.

<<<and all you want to do is hand them total control of your life?>>>

They have as much control presently as they would under the system I am proposing.

The only difference is the criminal element will also be under their control, not just you and me.

KAHN