Lifestyle > Train of Thought

US government debt isn't all that bad.

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virtuoso:
You are right of course, some of this is just personal opinion, however I am surprised you would simply look to dismiss it as personal opinion when I talk about globalisation reaching a saturation point and the massive shedding of I.T jobs to India and China. That is not opinion my friend that is fact, the figures are well documented and reported they do not make for good reading. As you are well read with economics then it also surprises me that you would challenge the notion that globalisation has reached a saturation point. I would be the first to admit that I do not know the issue as well as I might and I do intend to do more reading on the matter by the way I am not sure if you saw me post the link on here already but this is an interesting video to watchhttp://www.infowars.com/articles/economy/video_veith_interview_fiat_money_system.htm
it's not related to this point but as someone who obviously takes a strong interest in economics I would recommend you watch it.
By the way what is the traditional conservative stance on the minimum wage?

Ant:
This is on of your bigger problems.  You don't review the background of your sources.  You got upset that I called you far left, but you often post from far-left propoganda sites.  To which you'd perhaps reply..." but the MSM has its own agenda, and sometimes you need to go to these places for the "truth."  "

But, I'd suggest you do not.

There are plenty of people in the academic world that are genuinely concerned with the well-being of society. 

So, this guy has "Dr." in front of his name.  I find that obnoxious.  Most any academic can add "Dr." in front of their name.  They all have Ph. D's, but for some odd reason, its usually the biggest pricks that insist on proclaiming "HEY ALL YOU! LISTEN TO ME, I'M A DOCTOR." So this guy says specifically in this interview "I have two doctorate degrees."  Who gives two shits.  Why did he need to brag about that? This guy annoys the piss out of me.  He is a nobody, pretending to be a somebody.  If the guy's theories had credibility they would be appreciated by the rest of academia. 

Case, in point, this guy is not linked in to the web at all.  I did a quick seach from him.  He's practically non-existent.  Nothing in wikipedia on him.  Nothing in google.  Just this random propoganda site.  Who is the interview?  Another nobody.  WTF dude... this shit makes my blood pressure rise.  Please don't encourage me to sit through crap like this again.  I'm annoyed that I even have to write a post explaining this much.

virtuoso:
Wait at what point in time did I say this was the definitive discussion on the issue of the federal reserve? the answer is I never I simply put up the link because I thought it was interesting., so why you are making a song and dance about it god only knows. I simply put up the link it is entirely up to you whether you disagree with it, it's funny that you call this man obnoxious when your reply is completely obnoxious. You are calling into question why this man would say he holds a phd, well the reason is simply when someone holds a view which is outside the "mainstream" they make the point so people know that right or wrong they at least understand the field from which they are talking about. By the way that you would dismiss that site as random propoganda is ridiculous just look at all the well respected guests that have come on the show, there are literally dozens which I can name just from memory, so to label it some random propoganda site just highlights massive ignorance.

Ant:
I made an obnoxious reply, but its obvious you're so deeply entrenched in your pt. of view, that even the most polite of replies would be a time-waster.  There is nothing I can say, that would change your opinion - this much is obvious.  So why bother anymore?

Maybe down the road, you will waken up.  But for now, this is just pure ridiculousness.  Go learn from some real economists.  Not these idiotic wanna-bes.

I can't stand these people.  I see them all the time.  Big deal, you have a Ph. D.  That doesn't mean shit.  Do you know how many people have a Ph. D.  These pricks wanna use it as a badge to give them legitimacy.  But thats not how legitimacy works in academics.  Legitimacy exists in academica via peer-review.  This guy is a nobody for a good reason.

The fact that you'd even suggest I waste my time listening to nobodies is obnoxious.  You don't get anywhere doing such a thing.

I made a conscious decision long ago, to focus my effort learning from the best in every field I was interested in.  That decision has served me well for simple reasons.  The best minds know what they are talking about, random no-bodies dont.  Every field has wanna-be experts.  But in every field there are the "10 best" minds.  Or maybe 5, or maybe 20.  But either way, those are the people I turn to.

I'd suggest you do the same.

virtuoso:

You are again incorrect in your assumptions the truth of the matter is and I shall repeat it again I never suggested it was the definitive answer, indeed its not a field in which I have given too much thought to. I read and watch sources from many sources I find it interesting and helps to give me some kind of insight. I am simply saying the man's point of view is interesting, you know full well that if he hadnt of mentioned he holds a phd you would have jumped all over that and questioned if he was legitimately qualified to speak on those matters. I woke up about 4 years ago, you are the person who ignorantly dismisses the suggestion that the elections were fixed now you either havent read into it very deeply or you just don't want to know. Either way its up to you, I am not going to get into a back and forth as this is not particularly important in the grand scheme of things.

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