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country_gal Totara

Joined: 04 Jul 2006 Posts: 2862 Location: Hawke's Bay
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Posted: Sun Mar 07, 2010 9:15 am Post subject: |
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[/quote]With Islamic Banking the whole idea is to get the bank down to only paying its way. this was a new system that is why it failed. [quote]
There would be more to it failing than just being a new system, a business has to do better than just paying its way. A good profit margin is essential. _________________ Let a smile be your umbrella. |
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rob 2 Totara

Joined: 22 Sep 2009 Posts: 914
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Posted: Sun Mar 07, 2010 9:59 am Post subject: yeah |
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With Islamic Banking the whole idea is to get the bank down to only paying its way. this was a new system that is why it failed. | Quote: |
There would be more to it failing than just being a new system, a business has to do better than just paying its way. A good profit margin is essential. |
Today under the system used there are the hidden charges. That is why GREED is used. Under Islamic Banking then the weeds out those who have rackets going.
If you just pay once for your hous or whatever then a profit margin is safe.
Everyone gets their fair deal. But with high INTERESTS then everyong cheats ti stay ahead.
It failed because the sharks delued the voters that they would be worse off.
It was a stabilizer. New Zealand could have been a world beater. |
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country_gal Totara

Joined: 04 Jul 2006 Posts: 2862 Location: Hawke's Bay
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Posted: Mon Mar 08, 2010 12:44 pm Post subject: |
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| Quote: | Today under the system used there are the hidden charges. That is why GREED is used. Under Islamic Banking then the weeds out those who have rackets going.
If you just pay once for your hous or whatever then a profit margin is safe.
Everyone gets their fair deal. But with high INTERESTS then everyong cheats ti stay ahead.
It failed because the sharks delued the voters that they would be worse off.
It was a stabilizer. New Zealand could have been a world beater. |
Being Islamic I wouldn't have thought anyone would have a racket going.
Their profit margin might be quite high, and I would suspect it was. Paying only once doesn't mean it was a fair deal.
Having a money system with interest rates,and everyone knowing about it, doesn't make it cheating.
| Quote: | | It failed because the sharks delued the voters that they would be worse off. |
Sounds like communism when it was introduced, what a failure. _________________ Let a smile be your umbrella. |
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rob 2 Totara

Joined: 22 Sep 2009 Posts: 914
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Posted: Mon Mar 08, 2010 2:01 pm Post subject: yeah |
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I guess you do not understand the system is out of control the way it is.
Greed it what runs things.
It was all amatter of a fair deal to all New Zealand.
It never got off the ground.
You say paying once they still may have cheated.
No way it was possible if it only paid the book keeper.
But it is all history now.
The fickled voter again. |
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country_gal Totara

Joined: 04 Jul 2006 Posts: 2862 Location: Hawke's Bay
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Posted: Wed Mar 10, 2010 10:55 am Post subject: |
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I understand only too well, but I wouldn't say things were totally out of control.
In a monetary system it's not possible for everyone to be a 'winner,' communism was introduced to put everyone on an even keel , it didn't work.
I can't believe everyone was/is squeaky clean in the Islamic system, having a tribal system they are all far too competitive and controlling. _________________ Let a smile be your umbrella. |
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rob 2 Totara

Joined: 22 Sep 2009 Posts: 914
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Posted: Wed Mar 10, 2010 12:02 pm Post subject: yeah |
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| country_gal wrote: | I understand only too well, but I wouldn't say things were totally out of control.
In a monetary system it's not possible for everyone to be a 'winner,' communism was introduced to put everyone on an even keel , it didn't work.
I can't believe everyone was/is squeaky clean in the Islamic system, having a tribal system they are all far too competitive and controlling. |
Communism.
It was bank rolled by a JEW.
It was the perfect system on paper and highly cemocratic run by the grass roots.
But once it came to running the country it was as bad as the previous system and did not evolve as the book said.
Even the founding father in the USA did not want For the people by the paople but said they did.
I agree with you that humans ruin any system with their greed and power.
But it is possible to have a good system on paper.
Islamic Banking would not be trible but yes is would get undermined if not kept in check by an empowered watch dog.
The failure in the health system is no one is checking on it.
Many death are put dwn to natural causes but could have been prevented the stats in OZE prove this and there is a massive death toll each year. |
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country_gal Totara

Joined: 04 Jul 2006 Posts: 2862 Location: Hawke's Bay
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Posted: Thu Mar 11, 2010 10:09 am Post subject: |
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| Quote: | | But it is possible to have a good system on paper. |
Theories are all well and good but it is the putting into practice and the true result that counts.
there are far too many chiefs in our health system, less of them would mean more money for hospital treatments. _________________ Let a smile be your umbrella. |
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rob 2 Totara

Joined: 22 Sep 2009 Posts: 914
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Posted: Thu Mar 11, 2010 11:42 am Post subject: yeah |
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USA brought in the agent. That is the faceless middle man racking off and not even doing anything.
Not only the health system has this problem. It all gets down to how the money is handled. |
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country_gal Totara

Joined: 04 Jul 2006 Posts: 2862 Location: Hawke's Bay
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Posted: Mon Mar 15, 2010 12:41 pm Post subject: Re: yeah |
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| rob 2 wrote: |
Not only the health system has this problem. It all gets down to how the money is handled. |
which applies to most, if not all things. _________________ Let a smile be your umbrella. |
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rob 2 Totara

Joined: 22 Sep 2009 Posts: 914
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Posted: Mon Mar 15, 2010 1:20 pm Post subject: yeah |
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The Social Credit money system would have made the average Kiwi rich and the money lenders just your average earner.
All councils and givt bodies would pay out far less money in interest that achieves plenty for the mony lenders.
People fail to be impressed so the missed out . |
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