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Topic:
The Evil Fed Or Why do we want to go back to the Gold Standard?
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Kimball_Kinnison
Registered:
Oct '01
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Date Posted:
1/25 1:04pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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DroidGeneral posted:
Jabbadabbado posted:
Look, I sympathize wholeheartedly with Ron Paul's basic conception of a global financial system gone utterly haywire during the drawn out death throws of petrodollar hegemony.
But I completely fail to see how issuing silver and gold coins will address any of that. If you could paint that picture for me and maybe for Ender too while he cools down, that would be helpful.
He's already decided, he calls the gold standard, ron paul, his supporters and the austrian school "looney".
Here's a video from the Mises Institute. It is far better at articulating the position than I can.
http://youtube.com/watch?v=iYZM58dulPE
This will give you a little bit of an introduction.
Ok, I watched a bit of that video. I had to turn it off once they started using Lew Rockwell as an expert on economics.
I'm sorry, but he has a Bachelor's degree in English, not a background in economics. Do you have any reputable sources? You know, ones who actually have an academic background in the subject?
And, I notice that you still haven't answered my question about gold. Why would you choose a material with industrial uses as the basis for your economy?
Kimball Kinnison
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You deserve the wrath of Kimball...- OWM
Why, Kimball... I didn't know you had it in you.- KW
I think that Kimball just made a joke, and a funny joke at that.- Raven
Stupidity got us into this mess, why can't it get us out?
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Lowbacca_1977
Title: Senate Moderator
Registered:
Jun '06
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Date Posted:
1/25 1:35pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
- Date Edited:
1/25 1:35pm (1 edits total)
Edited By:
Lowbacca_1977
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DroidGeneral posted:
Or they could watch the video. I mean, unless you have something better to do?
Oh and anyone that says inflation is a good thing is a loon and needs to have their head examined. They obviously don't like the consumer to prosper. Banks prosper off of inflation and a paper money standard, consumers do not.
This is NOT a site to just tell people to go to other sites and watch or read something. This is a site where the USERS are discussing positions, policies, and events.
Posts that just tell someone to go watch something or read something are below the standard of post that is expected of members of the Senate. Ender is 100% right that you need to explain what your position is for yourself. If you need to cite sources for data and things like that its encouraged, but you shouldn't be citing what the basis of your argument is and why you believe that claim to be true from another site as well. That should be in your own words.
I am taking a slightly different stance from Ender in that, while he has taken the stance that you're trolling at this point, and I would think that he would feel that thats intentional, I am hoping that this is more a mix of defensiveness at having ideas challenged thoroughly and a bit of a disconnect as to what the standard of posting here is. I would hope that you can prove that I'm more right than Ender on this. You're not expected to give in to Ender's views and accept he is right, but if you want to keep posting in here, you need to raise the standard of your posts in here so that you are articulating your own position, explaining the logic of it, and using data to back you up and not make your case for you. Your case needs to come from you, and address the challenges your facing rather than dismiss them.
To continue posting here, you will need to raise that posting standard. That's not me saying you shouldn't post here, but hoping you can raise that quality of post to be appropriate for here. However, if you don't decide to raise that post quality, then it leaves it to MR44 and I to do what we have to do so that Senate-level discussion can still occur.
C'mon, prove Ender wrong with some thorough posts that articulate a clear postion.
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Ender_Sai
Title: Manager Emeritus
Registered:
Feb '01
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Date Posted:
1/25 2:47pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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I don't care if you agree with me and the majority of economists - I care that you understand why you believe what you do.
ES
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In this truth he knew himself to be.
From sinking sands he stepped into light's embrace.
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Darth Geist
Registered:
Oct '99
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Date Posted:
2/3 5:14pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
- Date Edited:
2/3 5:15pm (1 edits total)
Edited By:
Darth Geist
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DroidGeneral posted:
The real sheeple are the ones like you who believe we have to have a central banking to manage the money supply or it will "fall apart an descend into chaos".
Hmm, "fall apart and descend into chaos..." That sounds familiar... Oh, right.
Ron Paul posted:
Thank you very much, Mr. Chairman, for allowing me to appear before your subcommittee this morning to discuss the feasibility of establishing a gold standard.
As you know, I have introduced, and other members have cosponsored, H.R. 7874, which is a comprehensive bill to place the United States on a full gold coin standard within two years of the date of its passage.
I believe such a standard to be not only desirable and feasible, but absolutely necessary if we aim to avoid the very real possibility of hyperinflation in the near future, and economic collapse.
He said that on February 23rd. 1981.
He's been making bizarre and inaccurate predictions for years, including one where he claims that the new dollar bills they started printing in the 90s are government spying tools, and that we'll have "federal cash-detection machines" at airports, so that federal agents with AK-47s can arrest you for...carrying money. The NEW money. Buy Ron Paul's pamphlet, "Surviving the New Money," for only $200 today, and send that evil money to Ron Paul, where he'll destroy it with garlic and holy water! (Okay, I made that part up, but only the part after "send the evil money to Ron Paul.")
Seriously, the guy is a loon. You know his friend, Gary North? The guy who sold books about surviving the inevitable crash of Y2K. Yeah. Loons flock to Ron Paul because he speaks for them. Loons who ironically max out their credit cards to fund his campaign against credit cards.
Thankfully, he'll be voted down soon enough. And then his followers have a choice of either getting back to their lives (without all the money they flushed down the toilet) or going the Lyndon LaRouche route and becoming permanent groupies.
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Joe Biden posted:
What do you talk about when you have nothing to say?
What do you talk about when you cannot explain the last
eight years of failure? You talk about the other guy!
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Lane_Winree
Registered:
Mar '06
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Date Posted:
2/3 5:20pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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Speaking of Lyndon LaRouche supporters...
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ShaneP
Registered:
Mar '01
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Date Posted:
2/6 2:44pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
- Date Edited:
2/6 2:46pm (1 edits total)
Edited By:
ShaneP
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The main problem with Ron Paul isn't his beliefs. He's entitled to them. The problem is he's run a poorly managed campaign. He ran crummy ads in NH, a libertarian-bastion, and he's been unable to control some of his surrogates from spouting nonsense.
How can a man who can't even manage his campaign well put himself up as a presidential candidate ready to lead?
He can't.
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It was as if a million middle-aged virgins just farted with rage and were suddenly silenced.
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DarthKarde
Registered:
Jun '02
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Date Posted:
2/7 10:11am
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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ShaneP posted:
The main problem with Ron Paul isn't his beliefs. He's entitled to them. The problem is he's run a poorly managed campaign. He ran crummy ads in NH, a libertarian-bastion, and he's been unable to control some of his surrogates from spouting nonsense.
How can a man who can't even manage his campaign well put himself up as a presidential candidate ready to lead?
He can't.
I all fairness Shane I don't think that Ron Paul even sees himself as a leader. He has repeatedly said that his campaign is about the issues and not about himself.
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Espaldapalabras
Registered:
Aug '05
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Date Posted:
2/7 4:29pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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I really wish I had been able to do whatever I wanted for the campaign I worked on. It is a lot more fun when you can do crazy illegal stuff.
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We should be eternally vigilant against attempts to check the expression of opinions that we loathe.
Oliver Wendell Holmes Jr.
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ShaneP
Registered:
Mar '01
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Date Posted:
2/7 5:50pm
Subject:
RE: The Evil Fed Or Why do we want to go back to the Gold Standard?
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Karde
I all fairness Shane I don't think that Ron Paul even sees himself as a leader. He has repeatedly said that his campaign is about the issues and not about himself.
But then don't run for president. Run as a congressional representative from a district in Texas. He's done just fine for years in that position. And I respect those congresspersons.
I think presidents wield too much power anyway.
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