Ron Paul 2012!!! Your thoughts on who we should pick for our "Cause"?

[SpasticGramps]

Ask Jon Corzine, he'll tell ya.

Sounds like a plan.

I've tried to get a hold of Corzine, but I can't find him. I reckon he's cruising around on Jamie Dimon's mega yacht blowing some of that $1.2 billion he stole on cocaine and hookers.

 

[dagnabit]

If it werent for "gub" creating the hazard we would never have had CDS problems.....

 

[SpasticGramps]

http://i42.tinypic.com/vex5xt.jpg

Ron Paul To Ben Bernanke: "People Lose Trust In The Government Because You Lie To Them About Inflation"

Anytime Ron Paul sits across from Ben Bernanke you know sparks will fly. Sure enough, they did: starting 3 mins 50 seconds into the clip below, Ron Paul, guns blazing, asks the Chairman if he does his own shopping, if he is aware of what true inflation is, and if he knows that Americans don't trust the government because they are being lied to about inflation. And it only gets better, once Paul starts brandishing a silver coin. The punchline: "The Fed will self-destruct anyway when the money is gone" - amen. And ironically letting the Fed keep on doing what it is doing will achieve that in the fastest possible way. In fact, letting the system cannibalize itself with no further hindrances may be the best option currently available - just go to town.

 

[DiscoBiscuit]

If we would have allowed the market to work properly the OTC market would have collapsed long time ago and creditors (institutions) who had precipitated would have been wiped out. But we keep bailing them out so they've grown and grown. Eventually they'll get to a point where we can't bail them out anymore and that's when the property and popcorn will come in handy.

People need to learn lessons from failures, but in our "New Normal" there is no failure therefore there is no risk. Well, that will work until it won't because that's not reality and it's not sustainable.

You can trace this "New Normal" back to when New York should have gone bankrupt in the Ford administration and they were bailed out. Moral Hazard has rotted the system since then and maybe before then.

Somehow someway, government seems to thwart personal responsibility. On their best day, speculators didn't think housing prices would keep rising faster than the finest caviar or champagne. They were getting theirs while they could. They knew it was going to blow up and they just didn't want to be holding the bomb when it exploded.

What you're suggesting strikes me as, "Well, gub didn't permit these guys to make enough money over here so they were forced to make more than the market could take over there.

Another member and I were going back and forth on similar stuff and somebody posted an editorial cartoon of fat cats laughing at the suckers. Funny clip, interesting timing.

 

[dagnabit]

Fannie needs 5bil to make up for last quarter
Guess who foots the bill

 

[mrcreosote]

Buncha stick in the muds...

Even Vegas will let you leverage 30 to 1 on roulette...

All you have to do is win...

What could go wrong?

 

[dagnabit]

Buncha stick in the muds...

Even Vegas will let you leverage 30 to 1 on roulette...

All you have to do is win...

What could go wrong?

Maybe fannie could back my bet?

 

[SpasticGramps]

What you're suggesting strikes me as, "Well, gub didn't permit these guys to make enough money over here so they were forced to make more than the market could take over there.

Not sure I get what you mean. Government got involved in housing and the prices skyrocketed and then blew up. Government controls loans for college and the prices keep skyrocketing. It will blow up soon. Government is heavily involved in the healthcare and the prices skyrocket. The more involved the higher it goes up.

All of this means huge profits for these industries which are funneled back to the politicians that the industry owns and when they go bust the government bails them out with the sweat off our backs.

When the bombs go off the government comes in and picks the winners and losers. The winners being their campaign contributors and the losers being the tax payers.

Wash, rinse, repeat until the system collapses.

Small government with limited powers means there is no power for the corporations to buy. When they go bust they get wiped out and capital is reallocated to something productive.

 

[mrcreosote]

Maybe fannie could back my bet?

All day.
Hell, she'll let you triple down...
They don't call her Fanny for nuthin. That girl got some back.
Pays the help pretty good too.

Taxpayers on the hook for a lousy 5 BILLION A MONTH.

Chicken-feed. Wait until it really gets rolling, with all that 'recovery' coming our way.

It could be worse for us. They could be in the blind driver insurance business.
No sense in leaving those poor guys out of the American Dream.

 

[DiscoBiscuit]

Not sure I get what you mean. Government got involved in housing and the prices skyrocketed and then blew up. Government controls loans for college and the prices keep skyrocketing. It will blow up soon. Government is heavily involved in the healthcare and the prices skyrocket. The more involved the higher it goes up.

All of this means huge profits for these industries which are funneled back to the politicians that the industry owns and when they go bust the government bails them out with the sweat off our backs.

When the bombs go off the government comes in and picks the winners and losers. The winners being their campaign contributors and the losers being the tax payers.

Wash, rinse, repeat until the system collapses.

Small government with limited powers means there is no power for the corporations to buy. When they go bust they get wiped out and capital is reallocated to something productive.

Money still consolidated in small pools and the country still starved. That market, it's a great catalyst but only if you're in like Flynn.

We've been in the housing business since the 1930s. We had to tank the bond market in order to steer capital to housing. The entire earth said, "pay me" and Greenspan ate crow.

 

[Hash Zeppelin]

If we would have allowed the market to work properly the OTC market would have collapsed long time ago and creditors (institutions) who had precipitated would have been wiped out. But we keep bailing them out so they've grown and grown. Eventually they'll get to a point where we can't bail them out anymore and that's when the property and popcorn will come in handy.

People need to learn lessons from failures, but in our "New Normal" there is no failure therefore there is no risk. Well, that will work until it won't because that's not reality and it's not sustainable.

You can trace this "New Normal" back to when New York should have gone bankrupt in the Ford administration and they were bailed out. Moral Hazard has rotted the system since then and maybe before then.

Bailing them out is wealth redistribution to the rich. Then they turn around and bitch about wealth redistribution to the poor. any wealth redistribution by the federal government is going to lead to massive theft. Proven over and over by the good ol' usa. that is one of the biggest reasons that the government should not be involved in the market what so ever.

 

[DiscoBiscuit]

Where politics has fucked up w/o the enormous support of money is politicizing every form of progress and reform as legislative victory for the bad guys. Thing is, they do it to get money. Get the special interest money that politicians seek out of the equation. Return campaign coffers to the size of limited individual donations and no corporate donations. When politicians aren't beholden to giant contributions, we won't see the degree of giant problems.

 

[Hash Zeppelin]

^First step. overturn citizens united, or change it too every person in the corporation has to vote on where the money for it goes if it involves politics period. Complete transparency. A lot of people work hard to make a corporation run and they have a right to have a say in what their company supports if it is going to influence national policies. They also have the right to quit if they do not like it. Thus where the transparency helps more. most of them don't find out until it is already done. A small board of executives decides there political views for them. Thus further enhancing the plutocracy that is america.

I still say if you take the business power away from government then you take away the motivation to buy it. Who wants t buy a Honda when they can afford a Porche? who wants to buy land with nothing but sand? Everything for sale must have appeal.

 

[MadBuddhaAbuser]

Where politics has fucked up w/o the enormous support of money is politicizing every form of progress and reform as legislative victory for the bad guys. Thing is, they do it to get money. Get the special interest money that politicians seek out of the equation. Return campaign coffers to the size of limited individual donations and no corporate donations. When politicians aren't beholden to giant contributions, we won't see the degree of giant problems.

This is how it would work in an idealistic society. We are too far gone from this point though. More regulations are only going to lead to it moving to the backroom again. Half a Million dollars in cash in a suitcase slid under a table kind of shit.

As long as the gov is making the rules, corps will be trying to buy them.

 

[DiscoBiscuit]

^First step. overturn citizens united, or change it too every person in the corporation has to vote on where the money for it goes if it involves politics period. Complete transparency. A lot of people work hard to make a corporation run and they have a right to have a say in what their company supports if it is going to influence national policies. They also have the right to quit if they do not like it. Thus where the transparency helps more. most of them don't find out until it is already done. A small board of executives decides there political views for them. Thus further enhancing the plutocracy that is america.

I still say if you take the business power away from government then you take away the motivation to buy it. Who wants t buy a Honda when they can afford a Porche? who wants to buy land with nothing but sand? Everything for sale must have appeal.

I agree with what you're saying. I'm for corporations having representation, I just don't think paying for favors is the best way to go about it. I'd love to see Citizens United and Buckley vs Valeo blown up with a stick of dynamite. After that, I wouldn't care if corporations were able to field negative ads, so long as they're factually accurate. This would arguably give corporations a voice yet it wouldn't necessarily condemn lawmakers to pay-and-play politics.

 

[GP73LPC]

^First step. overturn citizens united

they're gonna have to do that. our country looks like a fucking circus now...

You must spread some Reputation around before giving it to Hash Zeppelin again.


EDIT: not to mention, foreigners can donate unlimited funds to campaigns now.... WTF ???? The SCOTUS had a brain fart. not surprising to me at all...

 

[Hash Zeppelin]

^Our country has been a circus since we went into nam. It has been a second rate circus since 2000 when when we elected president kindergarten cowboy.

Not sure I get what you mean. Government got involved in housing and the prices skyrocketed and then blew up. Government controls loans for college and the prices keep skyrocketing. It will blow up soon. Government is heavily involved in the healthcare and the prices skyrocket. The more involved the higher it goes up.

All of this means huge profits for these industries which are funneled back to the politicians that the industry owns and when they go bust the government bails them out with the sweat off our backs.

When the bombs go off the government comes in and picks the winners and losers. The winners being their campaign contributors and the losers being the tax payers.

Wash, rinse, repeat until the system collapses.

Small government with limited powers means there is no power for the corporations to buy. When they go bust they get wiped out and capital is reallocated to something productive.

Of course the price goes up when the government gets involved. Adding the government is like adding thousands of middle management morons that don't do anything but take up good parking spaces, and bitch out you about covers on your tps reports, while they skim money out of the profit pool. Good for nothing leeches.

 

[BrnCow]

George says it all...everything else is bullshit...vote for RP!

http://www.youtube.com/watch?v=VVfx-ftbd_k&feature=related

 

[SpasticGramps]

We've been in the housing business since the 1930s.

And now the government (Fannie Mae and Freddie Mac) guarantees 90% of all new home mortgages.

On top of controlling all exploding college loans and controlling all exploding health care.

The top ten banks control 77% of all banking assets. Not to mention owning our government.

Power has become so centralized and collected in the hands of the few I don't see how anyone could possibly called our system remotely "free market" or capitalist and keep a straight face.

With power and money so centralized now what could possibly go wrong?

 

[SpasticGramps]

Ron Paul Defeats Obama In Head To Head Polling

Here's a chart you won't see anywhere in the mainstream media - not the right, and certainly not the left. According to Rasmussen's 2012 Presidential Election Matchups, which pit Obama against any of the four GOP presidential candidates, while the balance of challengers certainly appear to have no chance of defeating the incumbent (something we touched upon yesterday), today, for the first time, Ron Paul has managed to unseat the standing president, by a thin margin of 43 to 41, for the first time in this series.