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-- Will this 700 Bn bailout work?
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Posted by Trancer-X on Oct-15-2008 07:36:

What are our resident Fabian Socialist trolls telling us now? More Keynesian economics for the downfall of the Republic? Greaaaaat

This bird holds such an elaborate and brilliantly devised poison pill that those Machiavellians are probably going to be running scared to Dubya's new pad once they see some of what might happen to rise from the ashes.


quote:
Does Bush plan on being charged with something in the future? Does Bush foresee a collapse of the United States and feels a strong need to have a place to cut and run to, or does Bush just need a nice secret little place other than Gitmo where he can send people he doesn't like?

http://www.scoop.co.nz/stories/HL0610/S00308.htm


Posted by Capitalizt on Oct-15-2008 08:41:

Pk, Are you so short sighted that you fail to realize most of these modern economies based on fiat money are participating in an experiment that is only really less than half a century in the making? I know you love instant gratification but some things take time.

You tell me to open my eyes. My eyes are open, and it's looking like a bleak future. I see record growth in the size of governments around the world..a parasitic type of growth. I'm watching as politicians strangle the goose that laid the golden egg while deluding themselves into thinking they are saving it's life.. This is happening before your eyes but you refuse to see it. You've bought into the mainstream lie hook, line and sinker.

A few pieces of advice:

Do be open to new ideas from non-traditional sources and likewise, don't unconditionally accept everything you are told by the financial services industry and the financial media. They have a very real stake in preserving the status quo.

Do be open to questions like 'what is money, after all?' in light of the fact that it is created out of thin air and backed by nothing but confidence (and debt). Don't disregard forces that predate the modern financial system and in fact date back to the earliest times in human recorded history; don't disregard honest value and the monetary metal that represents it, gold. After all, the decades long bull market in paper assets and the financial system that created it has programmed the public to believe that this 'barbarous relic' is outdated, outmoded. Well, who is becoming outmoded right before our eyes today?


Posted by pkcRAISTLIN on Oct-15-2008 09:36:

you didnt really address a single point that i made or question that i asked.

quote:
Originally posted by Capitalizt
Pk, Are you so short sighted that you fail to realize most of these modern economies based on fiat money are participating in an experiment that is only really less than half a century in the making?


are you so short-sighted that you ignore all the very real reasons that society evolved into fiat money? are you so short-sighted that you ignore the dozens of stable, non-inflationary economies because you have this attachment to an outmoded concept, that was ditched for a reason.

quote:
Originally posted by Capitalizt
You tell me to open my eyes. My eyes are open, and it's looking like a bleak future. I see record growth in the size of governments around the world..a parasitic type of growth. I'm watching as politicians strangle the goose that laid the golden egg while deluding themselves into thinking they are saving it's life.. This is happening before your eyes but you refuse to see it. You've bought into the mainstream lie hook, line and sinker.


sorry, but this kind of rhetoric makes me yawn.

quote:
Originally posted by Capitalizt
Do be open to new ideas from non-traditional sources and likewise,


good analysis speaks for itself, regardless of source. ron paul does not provide good analysis.

quote:
Originally posted by Capitalizt
don't unconditionally accept everything you are told by the financial services industry and the financial media. They have a very real stake in preserving the status quo.


i love the way you guys always paint yourself as the free thinkers and everyone that disagrees with you is being misled. you know who else has a stake in the status quo? john citizen.

quote:
Originally posted by Capitalizt
Do be open to questions like 'what is money, after all?' in light of the fact that it is created out of thin air and backed by nothing but confidence (and debt). Don't disregard forces that predate the modern financial system and in fact date back to the earliest times in human recorded history; don't disregard honest value and the monetary metal that represents it, gold.


the benefits of fiat money, central banks, fractional reserves et al has been pointed out to you repeatedly, i feel there is little to be gained from going over this yet again. the gold standard was replaced because it is inferior and that is economic fact. this has been demonstrated repeatedly, yet you accuse me of being 'closed' to ideas. FYI i was researching alternative political and economic systems when you were first learning the joys of masturbation.


Posted by Capitalizt on Oct-15-2008 09:42:

pk, your "arguments" boil down to "everybody else is doing it, so they must be right". And if you're calling other economies "stable" when nearly every country in the world is now printing and pumping trillions of new dollars into the system to prevent a collapse...sorry man...all I can do is LOL.

What we are seeing today is the culmination of Keynesian economics and a typical fiat bubble. If you think it's working peachy, you're obviously the one blinded by ideology.


Posted by Trancer-X on Oct-15-2008 10:07:

quote:
Originally posted by Capitalizt
pk, your "arguments" boil down to "everybody else is doing it, so they must be right". And if you're calling other economies "stable" when nearly every country in the world is now printing and pumping trillions of new dollars into the system to prevent a collapse...sorry man...all I can do is LOL.

What we are seeing today is the culmination of Keynesian economics and a typical fiat bubble. If you think it's working peachy, you're obviously the one blinded by ideology.


All you have to do is look at that Ron Paul: Something Big Is Going On thread that I just replied in to see what is going on. I think Fabian Socialist John Maynard Keynes and Communist spy Harry Dexter White sowed more of the seeds of our country's destruction at that Bretton Woods Conference.


quote:
Anyone who studies the Morgenthau Diaries can hardly fail to be deeply impressed by the tremendous power which accumulated in the grasping hands of Dr. Harry Dexter White, who in 1953 was identified by J. Edgar Hoover as a Soviet agent. White assumed full responsibility for "all matters with which the Treasury Department has to deal having a bearing on foreign relations . . " [5] He and his colleagues had Secretary Morgenthau's complete approval in the formulation of a blueprint for the permanent elimination of Germany as a world power. The benefits which might accrue to the Soviet Union as a result of such Treasury planning were incalculable.

http://www.vho.org/GB/Journals/JHR/...bek287-304.html


Posted by Trancer-X on Oct-15-2008 11:09:

quote:
Originally posted by Capitalizt
this country had a slight inflation problem once..

http://en.wikipedia.org/wiki/Weimar_Republic

As you may recall, the people's desperation...their clamoring for a solution and willingness to accept anything and any leader as long as they had an idea how to fix the problem was instrumental in the Nazi party coming to power.


October 13, 2008

America Becoming Weimar Republic




Ron Paul: Socialism Cannot Save America


Posted by Capitalizt on Oct-15-2008 12:39:

For everyone who supports these bailouts...and who believed the panicked commentators, bureaucrats, and politicians screaming "Something must be done! This is Something�therefore it must be done!", my final piece of advice..

Instead of looking to the mainstream for answers to this crisis, why not look to those who saw it coming?

The Bailout Reader


Posted by Trancer-X on Oct-15-2008 12:52:

quote:
Originally posted by Capitalizt
most of these modern economies based on fiat money are participating in an experiment


and a bad one, at that!

Hyperinflation Around the Globe:
http://www.dollardaze.org/blog/?post_id=00107&cat_id=17


Posted by pkcRAISTLIN on Oct-15-2008 22:17:

quote:
Originally posted by Capitalizt
pk, your "arguments" boil down to "everybody else is doing it, so they must be right". And if you're calling other economies "stable" when nearly every country in the world is now printing and pumping trillions of new dollars into the system to prevent a collapse...sorry man...all I can do is LOL.

What we are seeing today is the culmination of Keynesian economics and a typical fiat bubble. If you think it's working peachy, you're obviously the one blinded by ideology.


No, my arguments revolve around there being people far more capable of assessing the situation than people like you whose commitment to critical thought went out with that missile in the pentagon, and that repeating the same fallacies re fiat money, gold standards, central banks, fractional reserve lending etc just makes you look uneducated. Are you even still at school? Go and chat to your economics lecturer coz im fucking tired of trying to explain things to you.


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