Lifestyle > Train of Thought
BREAKING NEWS: Wall Street down in triple digits as Lehman Bros. goes bankrupt
M Dogg™:
--- Quote from: Poppa Large on September 18, 2008, 01:57:24 PM ---
--- Quote from: M Dogg for Obama on September 18, 2008, 08:36:41 AM ---
--- Quote from: Sir Hanks on September 17, 2008, 07:45:29 PM ---gold went up 9% this week.
--- End quote ---
gold is always solid when the economy is doing bad.
--- End quote ---
gold is always solid when the economy is doing bad. you have a fiat currency.
I've been telling peeps to buy gold over a year and a half ago.
--- End quote ---
I have heard liberals say that too for the last few years.
Machiavelli:
--- Quote from: M Dogg for Obama on September 15, 2008, 09:33:55 PM ---
--- Quote from: McSwagger on September 15, 2008, 02:55:29 PM ---i think its about time to be looking at Ron Pauls economic policies.
--- End quote ---
less regulation got us in this mess to begin with. Want great Ron Paul type presidents, look at the 1920's. That ended in a Depression.
--- End quote ---
Depression was due to a lot of reasons but biggest reason was the creation of the federal reserve
jeromechickenbone:
--- Quote from: M Dogg for Obama on September 18, 2008, 05:39:01 PM ---
--- Quote from: Poppa Large on September 18, 2008, 01:57:24 PM ---
--- Quote from: M Dogg for Obama on September 18, 2008, 08:36:41 AM ---
--- Quote from: Sir Hanks on September 17, 2008, 07:45:29 PM ---gold went up 9% this week.
--- End quote ---
gold is always solid when the economy is doing bad.
--- End quote ---
gold is always solid when the economy is doing bad. you have a fiat currency.
I've been telling peeps to buy gold over a year and a half ago.
--- End quote ---
I have heard liberals say that too for the last few years.
--- End quote ---
That's why I can't fucking stand talking to you about this shit. You label everything w/ Dems and Republicans like somehow one behaves differently than the other. Quit fucking taking someones side because they have a fucking (D) next to their name. It's close minded and ignorant.
M Dogg™:
--- Quote from: Poppa Large on September 18, 2008, 08:01:28 PM ---
--- Quote from: M Dogg for Obama on September 18, 2008, 05:39:01 PM ---
--- Quote from: Poppa Large on September 18, 2008, 01:57:24 PM ---
--- Quote from: M Dogg for Obama on September 18, 2008, 08:36:41 AM ---
--- Quote from: Sir Hanks on September 17, 2008, 07:45:29 PM ---gold went up 9% this week.
--- End quote ---
gold is always solid when the economy is doing bad.
--- End quote ---
gold is always solid when the economy is doing bad. you have a fiat currency.
I've been telling peeps to buy gold over a year and a half ago.
--- End quote ---
I have heard liberals say that too for the last few years.
--- End quote ---
That's why I can't fucking stand talking to you about this shit. You label everything w/ Dems and Republicans like somehow one behaves differently than the other. Quit fucking taking someones side because they have a fucking (D) next to their name. It's close minded and ignorant.
--- End quote ---
see... but you take such a hard stance one way that it's like extreme gibberish. It's like me saying... fuck raising taxes and adding programs... lets just go all out Communist. There is no middle with you. There are points were we'll agree... but for the most part I'm a raise the rich tax and spend money on the poor kind of guy. I think that we should regulate banks, have anti-trust laws, and that Social Security is the greatest thing to happen since Abe Lincoln was elected president. Prior to the Industrial revolution, then yes I'd say a more free-market society would be great. Merchants were the backbone of the economy, they go to the market sell their goods, people trade, sell and everything runs well because others were farmers and they made money and we could supply ourselves. With the Industrial Revolution we were introduced to corporations, abuse of child labor, people losing body parts in huge machines, and Teddy Roosevelt fighting for the common people. Times changed, they changed prior to the Great Depression, and since the Great Depression it has changed greatly since.
There are some historians that do blame the Depression on the creation of the federal reserve, but there were so many other factors. Europes recovery from WWI, Germany was experience so much inflation that people were really burning money to stay warm, the harsh punishment to the losers of WWI was the backbone to people like Mussolini and Hitler raising to power, and besides that we had a National Bank since 1863 to help fund the Civil War and our economy was doing well since then. So much more was going on, Americans were introduced to credit and we basically fucked ourselves over, like we did today. The sad part was starting with Bill Clinton, we had regulations to prevent this, but they were taken out to boosted the economy, which in turn allowed banks to put out loans people could not afford. Also, I will agree that some non profit programs hurt us as well, as they gave false hope to people who should not buy a house. There is so much more to economics now, that it's not as simple as saying, take this out.
jeromechickenbone:
Educate yourselves.
Part 1
http://www.youtube.com/v/ZvcgGp5mz_E
Part 2
http://www.youtube.com/v/O_RFIXcj4ik
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