posted
"The coming months will be very bad. Halting this loss of confidence, providing stimulus and, if necessary, replacing private demand are essential if we want to prevent the recession from becoming a Great Depression"
posted
Borrowing (printing) more money to fix a problem that is caused by over-borrowing (by the government and the public) will NOT stop a depression. All that is going to do is make the depression (that is needed) MUCH WORSE.
The government should just STOP and let the chips fall where they may.
Posts: 1577 | From: Ohio | Registered: Oct 2007
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At best you are only regurgitating the absurd falsehoods and Utopian crap of freermarketism, even after it provided us with a perfect example of its inability to keep the world's economy from crashing.
I doesn't work! That BS about how the market will always correct itself is only good for those with huge fortunes that can sit by and wait out the days of doom and watch while the rest of us starve to death.
So what if the very very rich can recover their losses at some later time. Those not among the privileged and very wealthy will be dead. That's not an economic system that serves them at all. Contrary to your beliefs, they count too.
The notion that the world's economy is nothing but a toy of the privileged is sick, just like you. If it is indeed the case, as is obviously the fact, that that freemarketism dooms those not privileged with wealth, then the economic system that depends on it is not good for the people of the world.
Enough of your simple minded ignorance.
Go somewhere and actually learn something other than just memorizing and regurgitating bull sh-t that you get from extreme far right-wing loudmouths that rake in multi-millions a year providing you and your fellow egocentric hate mongers with lies to sooth your malicious self importance.
Your arrogant self serving crap turns the stomach of anyone that thinks.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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The people that beleive in "freemarketism" are in fact social Evolutionaries.
While the British economist Herbert Spencer is often credited with introducing the phrase "survival of the fittest" in his 1851 work Social Statics (relating to free market economics) or his First Principles of a New system of Philosophy of 1862, he actually did not use the phrase until after reading Charles Darwin's On the Origin of Species. and introduced it in his Principles of Biology of 1864, vol. 1, p. 444, writing "This survival of the fittest, which I have here sought to express in mechanical terms, is that which Mr. Darwin has called 'natural selection', or the preservation of favoured races in the struggle for life."
In The Man Versus The State Spencer used the phrase in a postscript to justify a plausible explanation for why his theories would not be adopted by "societies of militant type." He uses the term in the context of societies at war, and the form of his reference suggests that he is applying a general principle.
yet? these very same people are most likely to be Creationists. They will tell you how Christian they are while they ignore Christ's teachings in their everyday life. go figure....
BTW? i was quite shocked when i read the Voyage of the Beagle and wondered how such a brilliant person considered American Aborigines to be lowly creatures.
in his defense?
The Descent of Man Darwin noted claimed that aiding the weak to survive and have families was contrary to the benefits of natural selection, but then went on to add that withholding aid would endanger the instinct of sympathy, "the noblest part of our nature", and factors such as education could be more important.
he may just have been a product of the British Empire and unable to help himself in his earlier obbservations.
the only true freemarketism ever practiced on earth have all been during wartime (taking advantage of the mayhem and confusion) and for a very, very brief period in the Americas when Piracy was the rule rather than the exception
-------------------- Don't envy the happiness of those who live in a fool's paradise. Posts: 36378 | From: USA | Registered: Sep 2003
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so whats the solution? you talk about saving all the peons like you and me. how is destroying the currency by printing TRILLIONS helping? what do you suggest? the bailouts arnt working at all, in fact its compounding the problem of the huge gap in the rich and the poor. not to mention rewarding shoddy businessmen.
i always see you advocate the protection of the regular folk, but you support the confiscation of YOUR money to the people who already have more than you?
could you clarify for me?
-------------------- "Gentleman, you have come sixty days too late. The depression is over." Herbert Hoover 1930 Posts: 678 | From: currently in hiding due to investigation | Registered: Oct 2004
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quote:Originally posted by glassman: here's the thing about "destroying the currency" everybody else has their printing presses running just as fast was we do....
they are diving too buy gold and silver
That is exactly what I've been doing...although I really believe silver will outperform gold...gold gets hoarded...silver we consume
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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posted
i was buying silver when it was 6 bucks.. gold when it was 400.
-------------------- "Gentleman, you have come sixty days too late. The depression is over." Herbert Hoover 1930 Posts: 678 | From: currently in hiding due to investigation | Registered: Oct 2004
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so whats the solution? you talk about saving all the peons like you and me. how is destroying the currency by printing TRILLIONS helping? what do you suggest? the bailouts arnt working at all, in fact its compounding the problem of the huge gap in the rich and the poor. not to mention rewarding shoddy businessmen.
i always see you advocate the protection of the regular folk, but you support the confiscation of YOUR money to the people who already have more than you?
could you clarify for me?
That's the trouble with the sort of stuff you guys foster. It inevitably results in huge disaster that your system has no reply for and then you holler things like "destroying the currency" and blaming it on the people that had nothing to do with the failure, but who suffer the most because of it.
There is absolutely no reality in freemarketism and never will be. Like communism, it is a Utopian wet dream that must fail. Then rather than admit the error, you want to stand back and watch the normal people die off while you wait around in comfort for time to reemake the bull market again.
There is no solution if all you are willing to accept as a solution is another round of the idiotic freemarket ascension. That crap is not good for the human race. The market cannot be allowed to run without essential and rigid control by the governments and that done fr the for the sake of the race, not for the wealthy or the corporations.
A freemarket without vigorous government oversight and regulation cannot fail to become a tool of the corporations, which, by definiution becomes fascism.
So far as any basis for any currency is concerned, with appropriate governmental control of the markets, part of the formulas is maintaining substance to the currency.
(Right now, there might as well be no currency, because money is simply not circulating, thus, effectively, there is no money of any kind, based on anything. And the population of the Earth is far to big for barter to a hope to feed those masses.)
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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posted
my system? i didnt invent it good sir. and i surely aint blaming it on people who are innocent, i place blame directly where it belongs, private banks who control the money.
capitalism, fascism, communism, etc all suck so what do you suggest? whats your solution.. anarchy?
im just trying to figure out where you see the best solution for everyone, anybody can sit and pick out the faults of any sort of government, where do we go from here? just strict government regulation and thats it? the problem with that is the laws will be written by the very same people looking to exploit the loopholes.
-------------------- "Gentleman, you have come sixty days too late. The depression is over." Herbert Hoover 1930 Posts: 678 | From: currently in hiding due to investigation | Registered: Oct 2004
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posted
One of the techniques of the biased is to claim that anyone that points out a fault with what they prefer is failing to provide a solution.
You complain and it is the same as if you were to assault someone for pointing out that 2 plus two isn't nine, because they failed to include a proof that the correct result is 4.
"capitalism, fascism, communism, etc all suck so what do you suggest? whats your solution.. anarchy?"
It is clear that you wouldn't accept anything, so why bother trying to provide any solution or even any correction for what it there for you?
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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posted
im not biased, ive just never seen you offer a solution, only faults.(im guilty of this as well, and readily admit i have no solution)
you just seem to have a way of pointing out faults in alot of things like you have a better plan but just havent let anyone in on it.
i was just interested thats all, i wasnt gonna pick it apart if thats what you were thinking.
-------------------- "Gentleman, you have come sixty days too late. The depression is over." Herbert Hoover 1930 Posts: 678 | From: currently in hiding due to investigation | Registered: Oct 2004
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quote:One of the techniques of the biased is to claim that anyone that points out a fault with what they prefer is failing to provide a solution.
You complain and it is the same as if you were to assault someone for pointing out that 2 plus two isn't nine, because they failed to include a proof that the correct result is 4.
This is the standard answer by Professor Gibberish. The only thing that he ever "contributes" to this forum are his 3rd grade insults and page-long nonsensical gibberish. I don't think that he has even a basic understanding of these issues and therefore never provides anything of substance.
Posts: 1577 | From: Ohio | Registered: Oct 2007
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quote:One of the techniques of the biased is to claim that anyone that points out a fault with what they prefer is failing to provide a solution.
You complain and it is the same as if you were to assault someone for pointing out that 2 plus two isn't nine, because they failed to include a proof that the correct result is 4.
This is the standard answer by Professor Gibberish. The only thing that he ever "contributes" to this forum are his 3rd grade insults and page-long nonsensical gibberish. I don't think that he has even a basic understanding of these issues and therefore never provides anything of substance.
Doo-doo head speaks again, proving he is what he is.
Posts: 11304 | From: Fort Worth, Texas | Registered: Mar 2005
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