Feb 24 - U.S. to Give $900 Million in Gaza Aid, Officials Say

#22
Also, literally printing money out is not the solution really... You create fake wealth, fake demand and fake offer, I agree with that kind of.
Thank you!

That is not the solution! These "stimulus packages" are totally worthless. It's a temporary stimulus, but in the long run, it's going to hurt. Right now, we are in that "long run" that Peter Schiff and Ron Paul told us about years ago. And yet, we're injecting more money into a system that's failing. END THE FED!
 

yak pac fatal

Well-Known Member
#23
You want them to give money to you for nothing? Like food stamps? that would be useless... Consummation would grow, but there would be not enough domestic offer, since you didn't help the companies to survive, so you would have to import more... spending more money... since you don't have it, you'll have to borrow it.

What he's doing now is that he's giving money to companies who don't have to fire people and who are going to keep offering services and goods... If people keep working, they'll have money and they'll be able to spend. They'll buy American products because they are cheaper in a recession (prices go down) and they will keep the demand high, or even increase it. The domestic offer will have to follow... The surplus will be imported. And you increase revenues, and so on and so on.

The important thing is that you do not close your borders now. If you plan on ONLY buying American, then you cancel the importation of the demand surplus. What happens then? Less foreign offers, creation of rarity, foreign prices are up, you turn to domestic products, domestic products' demand goes up, prices go up, you can't buy it because you're in a recession and you don't have enough money....
these stimulus shit, the money is not goin to the worker, its entering the pockets of u know who. regardless of how much youre givin money to the company people are still gettin layed off work. these bailouts short term 'success'

i wont be surprised if riots start happenin in a few years

i will try to find a link, i read it on another forum these bailouts ideas were started in england or somewhere in europe by a professor. i will try to find the link
 

hizzle?

Well-Known Member
Staff member
#24
They will work GREAT if dealt with properly.

If your companies keep the money to themselves, hey that's not Obamas problem... I'll write on this later.
 
#25
“In the past 12 months, our national debt went up $1.5 trillion, and next year it’s going to be more. Young people know what they are getting. They know they are getting a bad deal. They’re getting nothing but debt.
“We’re in an atmosphere now where if we can accept the idea that the taxpayers can bail out the banks and big business, there is nothing that can't be funded. Everything will be appropriated. There will be no cuts.
“Our financial system has come unglued, but the next shoe to drop will be the disintegration of the dollar. We as conservatives and believers in limited government have a tough task to restrain big spenders before that happens because, when that happens, what is threatened is our liberty.”
RON PAUL FOR PRESIDENT 2008 - News on Ron Paul 2008 Revolution
 

hizzle?

Well-Known Member
Staff member
#28
Alright, what I wanted to say is that if you do not have the funds coming from somewhere, it's not right to print money ,because you are basically devaluating your currency. If you get that money on a loan, there is no problem in printing more money, because that money "exists", it's not just paper...

I'm supporting Obama's plan. He has no choice to be honest... He can't lower the interest rates to increase the consummation because his banks do not have enough money... He can't do any tax cuts, because he has no money himself... The previous administration put him in a position where he has to ask for some foreign investments to pressure the economy upwards...

He has no choice to do what he's doing... Now, the companies have to respect their part of the deal.

The whole Wall Street thing that you were talking about... I don't get that...even mathematically I think that it makes no sense since the number of shares are the same but the wealth of the company increases, the shares are supposed to increase in value too... Maybe they increased at the beggining of the day and they were all sold because investors have no funds availble anymore so that made it go down, but I won't comment that, I'm not sure.
 

hizzle?

Well-Known Member
Staff member
#30
Fuck Paul, he's a cocksucker. When you don't believe in evolution, you have no right to voice your opinion in anything. Lawl :)
 

Glockmatic

Well-Known Member
#31
It has nothing to do with believing in god or not, you can believe in the VERY simple concept of evolution while still believing in a diety. If someone can't wrap their head behind evolution, I'm not going to trust them in their "expertise".

Ron Paul's views of being hands-off at this moment of time will not help the economy at all. And returning to the gold standard? Really?
 

Glockmatic

Well-Known Member
#33
That was one of his platforms. He also wants the US to leave the WTO and NAFTA as well as NATO and the UN. People only like him because he's an underdog, they don't look at his actual policies.
 
#34
I would rather have Dr. Paul's ideals of Constitutionalism and Liberty integrated into our lives, instead of the Facism and Socialism of Obama. I have given up on the Republican/Democratic party system. I hope we get to see a Peter Schiff/Ron paul 2012 run, maybe even a Chuck Baldwin and Jesse Ventura in there.
 

Glockmatic

Well-Known Member
#35
Too bad his ideals are outdated and wouldn't work. This "Socialism" thing is fucking stupid. Canada regulates it's banks and they're considered the most secure banks in the world.
 
#36
The people who denounce gold are really saying is that the government and its friends don't like the idea of the gold standard, so they are not going to favor one. The Gold Standard removes the discretionary power of the Fed by placing severe limits on the ability of the central bank to inflate the money supply.

It is the central bank, and only the central bank, that works as the government's money machine, and this makes all the difference. Now, it is not impossible that a central bank can exist alongside a gold standard, a lender of last resort that avoids the temptation to destroy that which restrains it. In the same way, it is possible for someone with an insatiable appetite to sit at a banquet table of delicious food and not eat.

Let's just say that the existence of a central bank introduces an occasion of sin for the government. That is why under the best gold standard, there would be no central bank, gold coins would circulate as freely as their substitutes, and rules against fraud and theft would prohibit banks from pyramiding credit on top of demand deposits. So long as we are constructing the perfect system, all coinage would be private. Banks would be treated as businesses, no special privileges, no promises of bailout, no subsidized insurance, and no connection to government at any level.

Gold is portable, divisible, fungible, durable, and has a high ratio of value per unit of weight. It is as compatible with today's economy, driven by information technology and lightning quick financial transactions, as it was compatible with the 19th century economy of heavy industry and agriculture. It is not technical limitations that prevent the dollar from being redefined as a unit weight of gold, but political ones.

I have no doubt that a gold standard can be completely restored, no matter how unfavorable the current environment appears towards its restoration.

Llewellyn H. Rockwell, Jr.
 

hizzle?

Well-Known Member
Staff member
#38
I would rather have Dr. Paul's ideals of Constitutionalism and Liberty integrated into our lives, instead of the Facism and Socialism of Obama. I have given up on the Republican/Democratic party system. I hope we get to see a Peter Schiff/Ron paul 2012 run, maybe even a Chuck Baldwin and Jesse Ventura in there.
This is either a case of "LOLOLOLOOLOLLLLLLL" or :*(.
 
#40
^How does Ron Paul see the Gold Standard helping us get out of this recession?
He doesnt. He's not going to implement the standard in 1 day. His idea on how to "get out" of the recession is by tax cuts, bringing our troops home from a pointless war we're spending BILLIONS of dollars in, stop policing the world (there's even more billions), get rid of all these government programs, which includes FEMA, and also abolishing the Fed.

There's a bill out right now H.R. 1207 that will audit the Fed (since we know the Fed isn't going to be abolished anytime soon) so we can at least know what they're doing with the fucking money. Support it! Ask your reps to support it!

Here's what Dr. Paul said about the bill: "People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy."

This week congress once again showed their lack of economic understanding by ramping up spending to record levels. On the surface, maybe it does look to some like the economic crisis is a liquidity problem, that the economy is in trouble because money is not changing hands at the pace it once did in the boom years. They believe that to get back to a booming economy money needs to start changing hands again and the quickest way to do this is for the federal government to massively expand spending to pump new money into the system. If this is the extent of their understanding, no wonder they call for spending, taxing, bailouts and inflation. If spending was the solution, we never would have had a problem.

This is either a case of "LOLOLOLOOLOLLLLLLL" or :*(.
You dont think so? If this gets out of hand, we will become either a fascist system where the businesses are privately owned and government managed, or, a Socialist system where the government will STEAL and OWN everything.
 

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