Topic: Abdication by Palin | |
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Actually, Wouldee, the political threads have become all about you.
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time to go huh?
want your free reign back to hate and share disdain for things by blaming the ills of the world on conservatives? cool, I can take a hint. bye. |
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time to go huh? want your free reign back to hate and share disdain for things by blaming the ills of the world on conservatives? cool, I can take a hint. bye. |
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would you have the smart ones fix it before the average Joe sees it break?
that kind of pre emptive strike by the White House would never fly. Alan Greenspan knew it an groomed Bernanke to take his place for the time coming when he could not be available to fix it. Bernanke is America's darling athority on the Great depression and deflation. He is the brightest and most capable mind serving this nation's best interests at the Fed. read his book. So far, he has handled this masterfully. This is a major major deal we are living through. You and the others had better wake up real quick and get with the program and realize that America's best and brightest are looking out for you. You will have to accept that as fact until you know what you are talking about. This is the horror of Hamiltonian economics. It was a dangerous play 250 years ago and that dangerous play just had to try its hand at making the rich even richer. You will not get this, but Henry Ford and assembly line mass production is to blame for turning the heads of the financial geniuses towards Hamiltonian economics as the model to further the can of worms that Henry Ford opened. With the currency backed by gold, he found a way to make money on an economy of scale that made him rich. The law of diminishing returns. The limitations of this law of economics is the limitsations imposed on the currency, not on innovation. Had the Madisonian model been left alone, prices for goods made with mass production would fall and fall and fall, and the middle class benefit. But releasing that Madisonian model by taking the currency off a tanngible gold standard backed by the gold in the USTreasury alone, gold itself fell in value instead of continually rising and the middle class began to erode when the the government starting printing money because the money supply had moved completely into the hands of the rich and the money supply could not tender payouts on demand at the banks. The rich didn't mine the gold, the rich mined the working man. whatever. keep drinking that KOOL AID!!!!!!!!!!!! |
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You are out of your mind if you think Bernake is trying to fix things, it's him and his member banks that created this whole mess, with a complicit federal government.
Dr.Paul makes it clear that the Fed is first in line to take blame and I defy you to look objectively at the info and say its anything different. Bernake thinks the way out is to print up billions to give to his member banks while we foot the bill both in the losses deposit and inflationary tax. Bernake is handling it. I almost puked. |
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and you wou;ld let it tank.
and the anarchistic moddel of austrian economics rule the markets. nope. we disagree. I am pragmatic and cynical. you are idealistic and not readin the weay the world is, war. we agree that it is all over for us, but we disagree on how to repair the problem. I believe in buying time and educating the American people without selling them a biull of goods that cannot reapir the breach but add to it. so do you. but your ideas and those of the ones that you agree with are not in any position to make that happen. Nor will they be. Bernanke is doing it right. it will break, but he is doing it the right way. |
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No, I'm not being idealistic. The free market hasn't been free in a long long time. We both know it too.
You're damn right I would have let it crash, same way you're towing the line to let the people who were less than responsible crash. Thats the nature of the market and what you are doing, with your support of Bernake is forgetting rule number 1 in basic economics. Nothing, no one and no government is bigger than the market! The artificial propping up of these banking institutions is doomed to failure, because they already have AIDS, they are going to die, problem is now the American people have been seriously exposed to the disease as well. The only ones who are getting the meds to keep them going for a few extra years are going to be the Member banks and friends of the Federal Reserve system. You've become so used to fighting the false left/right battles, that you've forgotten how to be an American. Thats not an insult, or at least it isn't designed to be, but thats my observation of the majority of the partisan politic cultists. You know as well as I do, Bernake is inflating the currency to save his business interests and his friends and Paulson is his partner in crime. We Americans, ALL OF US, will be the ones to suffer, become homeless, lose our assets, go hungry, have to watch our family...our kids go hungry. While they are bringing the military in to police us if we try to use our Bill of Rights. It makes me sick and if you think Bernake is doing such a fine job, then I think it's you who have been drinking the "KoolAid". |
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Edited by
wouldee
on
Mon 09/22/08 02:00 AM
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Bernanke is leveraging the balance sheet of productivity, basically.
It isn't necessarily inflationary. he is printing money out of thin air. there is no doubt about that. Stock prices are established by thin air too. It is all about confidence and trust. It is about expectancy. It doesn't msatter that the game was changed and the rules were manipulated and that those with nothing to lose and everything to gain were betting the farm. You see, productivity has become a buzz word for stealing the fruit and leaving the sweat of the brow. It is the uncontrollable federal debt that has Washington chasing ghosts. There is so much more to it than just some fat cats calling bad loans to clinton fans' free lunch program the culprit. That was just the wedge to expose the bigger problem of lack of liquidity that is inevitable when more dollars flow into fewer hands. If the Fed cannot get the dollars back to recirculate, they have to print more, even if to balance the daily actiivity at the clearing houses. Case in point. This week, Japan and the US added billions to liquidity to accomodate confidence in the clearing houses that handle the financial instruments tendering trade, all of it, great and small. That money found its way into fewer and fewer hands. The stock proices rebound and the market soared and gold rose like crazy. But the currency is out of circulation again. WTF? It is being hoarded as a back stop. I don't care who can see that or not. The faCT REMAINS THAT THERE IS NOTHING BACKING LIQUIDITY EXCEPT CONFIDENCE IN THE MArkets to play out according to the trades that are part of the balance sheet, in general. Printing more money doesn't answer solvency when liquidity will not cooperate. who has the deep pockets that makes supply and demand work globally? and what are the deep pockets doing? they are gathering eggs.into baskets. Where is the higher return, in Treasuries or securities? (include stacks in securities) If the rate of return is perceived to be safer and better collateralized in securities, then securities offer the more stable harbor for solvency. Treasuries lose their value as safe and profitable instruments; ergo price decline, ie deflation of capital. Hence, more dollars needed in balance. America is for sale, one company at a time. Boards will be comprised of 5%ers all invested in one another, much like commercial banks have done for decades. When foreign investors buy up stock and control boards, do you think any one government can exercise control over the decisions of the boards of those companies indefinitely? The scenerio of your globalist nightmare of World Inc. is accomplishing itself despite the will of the US or any other sovereignty. A self fulfilling prophecy happening moment by moment as though something had its finger on it to m,ake it come about whether intended or not. You would have to be a businessman riding the wave of unseen favoritism to understand that it is happening due to influences beyond human control. And yet, every decision made by men has this unpredictable element influencing the decisions made based on the immediacy of the situation as it happens. There is nowhere to go back to. It is a done deal, pretty much. It has to be. Those in control of the currencies and the accountibility attached to their balances is dictating how solvency is maintained by those with the balances on account. It is no longer assumed that government treasury bills are better than owning cash cows of an economy of scale that are too big to fail. and they are getting bigger and fewer. It won't change now. Bernanke has to play ball with the market or tank the dollar. There is no choice for Americans. We did it to ourselves. anyone shopping at Toyota, or Wal Mart, or the gas station is culpable, as an example, not necessarily as the culprits. America has created global prosperity. we are too small of a domestic economy to remain in control of the global economy. It is over, war. done. like I said before, I am OK with dwelling in a third world nation. Even though the mirror says we are the economic engine of the world, as Americans. and soldiers weaRING FOREIGN COLORS POLICING OUR STREETS? THAT IS ONE WAY TO KEEP THE US SOLDIER FROM TURNING AGAINST COMMAND AND CONTROL, ISN'T IT? keep drinking that KOOL AID!!!! we are so way off topic here, yaknow? |
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would you have the smart ones fix it before the average Joe sees it break? (wouldie from above) Well I would think they are professionals eh? like when we see a dentist they do the little
things so they dont become big things, that is what we pay them for. We have had 7 years of a republican white house, senate and house. Please stop deludeing yourself, we didnt hire the little raskals to run our governemem, these are supposadly the best our schools can produce. We may as well hold a lottary to see who runs our government as anyone with a GED could do as well as they have for the last 7 years |
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If they won't put her in front of the press, we can't allow her anywhere near the White House.
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If they won't put her in front of the press, we can't allow her anywhere near the White House. If she can't get in front of Bill Moyers and answer some serious questions, then why is any American supposed to believe she's ready to be a heartbeat ( well with McCain it might not even be a full heartbeat, more like a murmur) away from the presidency? If she can't handle Maddow, then how is she going to handle Putin/Medvedev, China, or lord forbid, she travels to the Middle east. |
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