July 25th, 2011, 10:34 PM | #41 | |
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Returning to a gold/silver standard would take serious reforms,(balanced budget,entitlement reform etc.) does that mean we should stay with a valueless dollar? http://www.youtube.com/watch?v=M0vU6dF2uvc&NR=1 Where do we need U.S. troops and why? |
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July 25th, 2011, 10:55 PM | #42 | |
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Fix the economy, end the deficit spending, return to a balanced budget and the dollar will right itself. Its outside investors that buy our bonds that make the value of the dollar. Not gold. Give the investors a reason to believe they will get a good return on the money and they will flock to the dollar like theres no tomorrow. As far as the troop thing goes. We are not a self sufficent country. We need "things" to make our economy grow. It takes "guys with guns" to protect and defend our vital intrests. It cant all be done from inside the US. I hate to say it but OIL is important. If we arent going to drill for it, we have to protect the guys that are supplying us. Imagine if you will, what would happen if China took over the middle east. Think they would give us a better discount on oil than the corrupt Sheiks?? Dont hold your breath. The shieks will look like angles compared to the Chi-coms
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July 25th, 2011, 11:00 PM | #43 | |
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July 25th, 2011, 11:00 PM | #44 | ||
wat
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July 25th, 2011, 11:07 PM | #45 |
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SOURCE: Energy Information Administration
The United States imports approximately 62 percent of its oil. Canada supplies approximately 20 percent of these imports, and Mexico contributes 10 percent. But over 30 percent come from regimes that are less friendly or stable, including Saudi Arabia, Venezuela, Nigeria, Angola, Iraq, and Algeria (respectively the 2nd, 4th, 5th, 6th, 7th, and 8th largest oil importers to the United States). As far as gold goes. Who determines what an ounce is worth?? If you are a gold investor you might just be a little worried by this.
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July 25th, 2011, 11:39 PM | #46 | |
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Montgomery Street Motorcycle Club / cal24.com / crf250l.org / ninjette.org ninjette.org Terms of Service Shopping for motorcycle parts or equipment? Come here first. The friendliest Ninja 250R/300/400 forum on the internet! (especially Unregistered) |
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July 26th, 2011, 01:35 AM | #47 | |
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July 26th, 2011, 04:37 AM | #48 | |
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Though I come from a school with a strong pedigree in Austrian Economics, and I feel it has a lot to contribute to the field, I wouldn't really consider myself an Austrian Economist. Austrian economics gives incredible insight into entrepreneurship and personal choice as well as an alternative to Keynesian Macro theory. Without getting into why Austrian econ has been kept out of the mainstream for so long, I will say that Keynesian economics has failed the United States again(the first time being the late 70's). It used to work, but doesn't really work all that well anymore. The reason why is debatable. The saddest thing about libertarians is that they tend to be unrealistic when it comes to social policy and foreign policy. Many fail to understand that in the real world, sound economic policy is not a cure-all for the world's problems in its current state. |
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July 26th, 2011, 08:01 AM | #49 |
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For those interested in non-partisan fact checking, PolitiFact has a nice page going for the 2012 Presidential race.
http://www.politifact.com/personalities/ron-paul/ http://www.politifact.com/personalities/michele-bachmann/ As a matter of idle curiosity, most of Paul's statements have been rated "True" or "Mostly True", while most of Bachmann's have been "False" and "Pants on Fire". (Disclaimer: I'm registered independent and have no party affiliation.)
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July 26th, 2011, 08:19 AM | #50 | ||
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Are we saying we elected this as our current president?
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July 26th, 2011, 08:27 AM | #51 |
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I support Ron Paul's idea for the act of Auditing the Federal Reserve
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July 26th, 2011, 09:02 AM | #52 | |
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July 26th, 2011, 09:06 AM | #53 | |
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Raises a red flag anyway. Is there such a thing???
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July 26th, 2011, 09:59 AM | #54 | |
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After the revised data was available, continuous claims actually fell that week. However, Mr. Paul wasn't lying since, according to the available government data at the time(initial claims), he was telling the truth. I find it ironic that a website that is supposed to be a fact checker tells half truths of its own. I respect democrats, socialists, fascists, etc. because they believe in something and they are willing to enter the battle of ideas with me in order to defend their beliefs. I don't agree with them, and I am prepared to take them to task on their ideas because I know how they will affect my life. This is in no way meant as a personal attack, but here's the deal. There are very many intelligent people on the many points of the political spectrum. There is no such thing as an independent voter, only the indecisive voter. Everyone has a bias and when people, like the editors of this site, claim to be above the "lemmings" on either side of the debate, it only shows their pretentiousness and ignorance. I've voted for at least 1 Democrat and 1 Republican in every election I've voted in since I turned 18. I believe most people are willing to vote for someone from the other party if they truly believe they are the better candidate. This is especially true in non-presidential elections. Republican and Democrat voters are not the mindless caricatures independent pundits portray them to be. Not everything in the world is Black and White, but not everything is grey either. data: http://www.ows.doleta.gov/unemploy/claims.asp |
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July 26th, 2011, 10:03 AM | #55 |
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I support Ron Paul. He is armed with Common Sense and The Constitution.
The greatest speech I have heard in years! http://www.youtube.com/watch?v=V36MT5lAMrc
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July 26th, 2011, 10:20 AM | #56 | |
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(Hint Two words, starts with a G, ends in D) |
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July 26th, 2011, 11:22 AM | #57 |
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Keynesian sucks. There's never been a country in history that has spent itself out of debt, and there never will be.
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July 26th, 2011, 12:40 PM | #58 | |
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July 26th, 2011, 02:56 PM | #59 |
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Ricardian Equivalence has largely nullified Keynesian economic policy, if Keynesian economic policy ever worked to begin with. There is a growing library of literature that proposes the good does/has not outweigh(ed) the bad.
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July 26th, 2011, 03:04 PM | #60 | |
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July 26th, 2011, 06:33 PM | #61 | |
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Although an opinion piece on the NYT, here are some nice summarized graphics on the budget during W and Obama's term in relation to the talks of the deficit ceiling. In a nutshell, this all comes down to class warfare and the manipulation of policy at the top to further corrupt the system for themselves. |
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July 26th, 2011, 07:09 PM | #62 |
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July 26th, 2011, 07:22 PM | #64 |
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Read it here -http://www.theblaze.com/stories/right-out-of-atlas-shrugged-hear-an-exasperated-alabama-businessman-tell-the-feds-im-just-quitting/
Then watch this - http://www.youtube.com/user/DavidMcElroy1#p/u |
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July 26th, 2011, 07:36 PM | #65 | |
wat
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July 27th, 2011, 01:21 AM | #66 | |
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Dot-com bubble formed under Clinton's term bursting right after Bush was elected and before his policies could have any effect. The depressed economy suffers but, despite necessary and substantial war spending, it was rebounding due to conservative policies. This could be seen in the graphs as a fast-decreasing deficit that suddenly reversed course in 2008 when the housing market and associated financial markets collapsed due to Dems in the legislative branch encouraging unsustainable "NINJA" loans (loans to their constituents with No Income; No Jobs, or Assets). They then pointed the finger at "greedy capitalism," especially when observing the high-ranking executives pulling the cords on their golden parachutes while being bailed out by the government, but it was actually just the opposite. If the goverenment came and asked my and my private enterprise to loan money to high risk individuals, I would only do so with the understanding that they'd have to bail out the economic mess that potentially makes. I wouldn't be giving up my own rightfully-earned bonuses and perks. So, you say that it was cause by class warfare and, in a way, it was, but it was the opposite scenario. It was caused by the entitlement class and their party controlling everything but the Executive branch and forcing major financial institutions to take risks that the private enterprise in a pure capitalistic market would never have taken. Ever. In a million years. They then took the executive branch in 2008 and took everything to new lows. The article makes many laughable assertions about Obama's policies being "mostly temporary" as if to say that his effects were not as serious as Bush's, but Bush's tax cuts, which they blame, were always supposed to be temporary while Obamacare wasn't. Not to mention, their effect was clearly beneficial, as the decreasing deficit showed (spurred corporate investment, spending, expansion, etc instead of just sitting on money to avoid taxes). |
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July 27th, 2011, 06:15 AM | #67 | |
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USA =/= Capitalism USA = Progressive Corporatism USA =/= Class Warfare USA = Racial Tension Europe = Class Warfare with Religious Tension Keynesianism = the only dominant economic ideology from the 30s to the late 70s. Keynesianism = The foundation of the current world economy Progressivism = ideology of elites in both major US parties Progressivism = founder of the UN, and many other international elitest organizations. regulation = good for big business regulation = bad for small/medium business |
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July 27th, 2011, 09:17 AM | #68 |
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Tech bubble was a exacerbated because wall street wanted to get into the next yahoo. Although Clinton did put in legislation to let the lower class qualify for FHA loans Bush spurred this further through his policies. NINJA loans came from the banks in part due to the demand for more CDOs.
Clinton benefited from the surplus from GH Bush's raised taxes (Dont tell that to any other republican because they wouldnt believe it, same with Reagan!) but at least he balanced his budget. You must not have noticed the second graphic because it mentions Medicare D, two wars and a tax cut. (Tax cuts "costs" money, you know?) Obama tried to reform Medicare which is our number one problem for the deficit but our leaders are incompetent and backed by lobbies of health insurance corps. Liber, regulation is good. If there was no regulation then you end up with derivatives market today. The key word is simple regulation, like simple tax code. One of the problems of legislation is the legalese it is written in which allows all these loopholes and back doors. Did you know that the failure to regulate the derivatives market was under Clinton and the same people are on his economic advisory board? Also here's a nice tidbit from Bernie Sanders regarding the preliminary results of a fed audit. I'm glad with these tax breaks on the super rich is creating jobs out the ass. |
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July 27th, 2011, 10:24 AM | #69 | |
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Quote:
Link to original page on YouTube.
Link to original page on YouTube. |
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July 27th, 2011, 12:24 PM | #70 | |
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If you want to present partisan sources such as Fox News, try reading the other side into the FCIC's report . I dare you to read the counter argument. Remember that report with Barney Sanders and conflict of interest? Did anyone else watch the documentary Inside Job? I'm not blaming just republicans but the democrats as well. It's sad we're "stuck" in a two party system where there clearly needs to be a third. |
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July 27th, 2011, 01:07 PM | #71 |
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from Rons paul to Barneys frank.
my how far we have come. Ron Paul just cant win. sorry guys. Good guy, Hope he gets appointed to something where his talent can be utilized after the election.
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July 27th, 2011, 03:33 PM | #72 |
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I agree that he probably can not win but I will be supporting him as I did his son who did manage to beat out the old boy Republican establishment.
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July 27th, 2011, 03:40 PM | #73 |
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July 27th, 2011, 03:46 PM | #74 | |
vampire
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Last futzed with by "A"; July 28th, 2011 at 09:21 AM. |
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July 27th, 2011, 07:04 PM | #75 | |
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As for the Fox News thing, those who dismiss it so readily express the very bias that they accuse Fox of having. All I did was search for the McCain clip I said I would search for and Fox News was ONE of the places reporting something relevant on it. There were plenty of REAL statements and blatantly wrong predictions and assurances straight from the mouths of the Dem leaders themselves regardless of who was playing the clip. Did they get away with doctoring clips and replacing audio? Is that some sort of unbelievably convenient thing he was caught saying year after year for Fox to take out of context and abuse? Did McCain really not so those things when Fox says he said them? THAT is what is important here. Yes, BOTH sides are responsible for this mess, but it is clear that nothing was "inherited" from the executive branch. Dems put us here and Repubs didn't do anything to fight it when they still had control. They didn't want to be the "bad guys" not letting the NINJA mom buy a house for her kids and we all suffered for their indifference. |
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July 29th, 2011, 09:23 AM | #76 |
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July 29th, 2011, 10:05 AM | #78 |
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I didn't read all the posts, just came to the end here. The younger generation seem to be huge on this Ron Paul, wherein lies his demise. The younger generation, with all their idealogical righteousness, DO NOT VOTE. I wish my generation had when I was young and knew who should be in the Oval, the U.S. would be much different now. But nothing along the lines of who votes and who doesn't hasn't changed enough. In my lifetime only one person I voted for made president. (1 in 10)
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July 29th, 2011, 11:50 AM | #79 |
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July 29th, 2011, 11:57 AM | #80 | |
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I applaud the Pauls for recognizing the inefficiency of our government but their ideas are flawed. There needs to be balance on both cuts and revenue, primarily revenue. |
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