What's new
  • ICMag with help from Landrace Warden and The Vault is running a NEW contest in November! You can check it here. Prizes are seeds & forum premium access. Come join in!

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

Status
Not open for further replies.
G

greenmatter

it's only march 4th ............ gonna be a long year!!!!


this shit actually gets worse every 4 years ..... i'm not sure HOW ..... but it damn sure does
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
the entire 'Yugoslav' problem of the 20th century could be blamed on Austria-Hungary.

Please explain how im wrong?

The Croat, Serb, Bosnian feuds were fueled by Austrians and Hungarians to help them maintain power over the 'minorities' in the empire.

PLEASE EXPLAIN HOW WORLD WAR ONE STARTED IF IM WRONG?


You guys have a very poor understanding of politics and the historical significances of MANY historical actions.

Was Hitler born in Germany or the Osterreich?

Facepalm? You guys have such a narrow view of world history.


-
So. We know this. American's locked American Native Indians on reservations after killing hoards of them. We've napalmed innocent Vietnamese. We've killed Iraqi's by the hoards. Even had slaves once. Does that mean all of our ideas should be negated. No.

That's why you linking Austrian economic theory as "bad" just because of the actions of the Austrian-Hungary Empire is ridiculous.

If you breakdown the theory as wrong or lacking fine, but calling it bad because of it's country of origin is pretty weak.
 
G

greenmatter

americans built the bomb .... and came up with a vaccine for polio

austrians did some silly shit too ..... but they invented blumats


could we just call it even?
 

DiscoBiscuit

weed fiend
Veteran
If the US backed it's currency in gold individuals would still be able to buy bullion on the open market. Just as they could when we were on the gold standard. Well, that was until FDR attempted to confiscate everyone's gold in 1933. People with the resources moved their gold to Switzerland where individuals could legally own gold bullion

I really don't feel the US would ever go back to a true gold standard anyway. I think the world is going to drop the USD as the reserve currency and trade in local currencies or gold. I'm not trying to get everyone to go along with my investing strategy, but when it's mocked as if it's unreasonable I'll explain it. I'd rather not have everyone jump into metals. Gives me time to acquire larger positions at a cheaper price. The 10y is at 1.95-2%. Real inflation is 8% if you believe the recent CBS report, 6% using the 1990 CPI formula, or 11% if you use 1980 CPI calculations before the BLS started changing the formula to get the desired answer.

This means you are getting anywhere between a -6% and -9% real rate of return sitting in 10y bonds.

Between -8% and -10% yearly real rate of return sitting in a savings account or money market account.

Most equity portfolios nominally return between 3% and 8% (being generous here) which means you're getting between a -8% and -3% real rate of return.

Even the awesome 6% annuities are going to be a negative real rate of return when adjusted for real inflation.

So no matter what paper product one has their money in they are most likely losing significant amounts of purchasing power year to year. Unfortunately with ZIRP locked in and other countries looking to bypass the USD as the reserve currency this is going to get worse. People's savings may not "blow up", but at best evaporate at a steady, and likely accelerating, pace.

If you buy into the BLS's new 2012 CPI calculation (which recently adjusted the formula again) then you'll be able to sleep good at night. IMO an institution that constantly changes a formula to achieve a certain answer is being disingenuous at best. I call it lying and stealing. Yes yes the BLS is a non-partisan entity. Riiiight. The reasoning they give for constantly changing the formula should be an example for obfuscation in Webster's Dictionary.

Why The Consumer Price Index Is Controversial Sounds like today's centrally rigged casino, er, stock market.Inflation from monetary debasement is inflation.I was speaking more to monetizing a welfare/warfare state. Wiemar. Expect these days it's digital 1's and 0's, but the underlying principle of loss of confidence remains the same.

The reason FDR confiscated gold and established a price standard is because the fluctuation of gold value tanked economies. Once one gets so much money, one no longer cares whether economies are bad. In fact the worse the economy, the more folks have to rely on savings and massive wealth transfers to fewer pools.

Same thing happening now happened pre depression. The top became so rich they only had to work for things that were guaranteed wins at significant loss to others i.e. consolidation, hostile takeovers, home foreclosures etc. Otherwise they spent their money buying legislation that lowered their taxes to nonexistence and worked to deregulate what few restrictions existed.

Wasn't mocking your investment strategy. As investment strategies go, sounds just fine to me. There's just something about, "I'll get mine" that doesn't sound very much like sound monetary policy.

By and large, the electorate isn't inclined to measure success by a relative few winners. When poverty is added to the equation, monetary policy success is measured in how well we raise all boats.

IMO, you would experience similar results with a monetary standard in private hands. I'm assuming your price control would drop so your personal holding would gain - at what potential consequences to the macro economy? Economies are like balloons. Squeeze too much here and we pop over there.

This is where I'd like to see Ron Paul describe what he'd do to manage recessions. But I already know he wouldn't manage recessions because he says he'd leave it up to the market. This is the same as saying that the black hole of poverty would continue to suck more people into squalor. They can't produce demand so rich people don't make anything. As poor folks spend everything they have to eat, the top sucks it up.

The code for all this mayhem is "market correction". Some rich folks actually think that windfalls are their due, simply because they believe the have nots didn't deserve their gains. Yet these rich folks are deserved for simply being rich and able to hold their hand out for prolonged periods.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
When poverty is added to the equation, monetary policy success is measured in how well we raise all boats.
So how is it going so far? We seem a little top heavy at the moment? Middle class disappearing? Fixed income? Savers getting punished? An entire dependent class? Not doing so hot IMO.

I think a more feasible monetary policy would be government issued fiat instead of the quasi-private debt backed fiat of today. You'll get the inevitable inflation of fiat, but without the debt owed to banking institutions. It would put the control of monetary policy closer to the people instead of in the hands of the "den of vipers." The biggest reason government issued fiat fails is because countries always end up monetizing wars. Fiscal sanity would be a prerequisite.

The only reason I like gold is because of our structural debt problems, ZIRP, and our belief in monetizing debt. I know Paul advocates for a gold standard. I don't necessarily. I like it as an investment and think the global markets will turn back to it as a reserve currency (ie central banks are hoarding gold right now). If a competing metal backed currency emerges it would be good for competition.

Paul would let the market handle recessions. Bad investment decisions would be punished and capital would be reallocated effectively into something productive. The problem with command and control economies is that capital eventually becomes so misallocated by corrupt elitist that the system ceases functioning.
 

ShroomDr

CartoonHead
Veteran
This coming from the guy so lost in his arguments he can't see past his own nose let alone read people's posts

Where have i lost any arguments? in the year 2000AD gold is the most valuable commodity, in the year 2000BC it was cowrie shells.

No one has made an argument that one is better than the other.


you can't be serious?

lest we forget they also invented the glock so every glock related death is austrian?
All i did was bring up other instances where the Austrian polices were also flawed.

It was never offered as evidence towards some greater idea.

Austrians had plenty BAD ideas in the late 19th and early 20th century. That was my point, and no one has offered evidence to refute.

how very provincial of you to judge an entire countries people and ideas based on a few snippets...
I dont judge an entire country, i judge their leaderships political actions.

"A few snippets" LOL, a policy of classification based on Slav, Croats, Bosnian, Romanian, Serb, Jew, etc, boiled down to "A Few Snippets"


Their tactics of divide and conquer certainly must have been observed by up by the son of Alois. He did grow up under the polices.
 

DiscoBiscuit

weed fiend
Veteran
So how is it going so far? We seem a little top heavy at the moment? Middle class disappearing? Fixed income? Savers getting punished? An entire dependent class? Not doing so hot IMO.

I think a more feasible monetary policy would be government issued fiat instead of the quasi-private debt backed fiat of today. You'll get the inevitable inflation of fiat, but without the debt owed to banking institutions. It would put the control of monetary policy closer to the people instead of in the hands of the "den of vipers." The biggest reason government issued fiat fails is because countries always end up monetizing wars. Fiscal sanity would be a prerequisite.

The only reason I like gold is because of our structural debt problems, ZIRP, and our belief in monetizing debt. I know Paul advocates for a gold standard. I don't necessarily. I like it as an investment and think the global markets will turn back to it as a reserve currency (ie central banks are hoarding gold right now). If a competing metal backed currency emerges it would be good for competition.

Paul would let the market handle recessions. Bad investment decisions would be punished and capital would be reallocated effectively into something productive. The problem with command and control economies is that capital eventually becomes so misallocated by corrupt elitist that the system ceases functioning.


Yep, I depend on seeing what I paid into a system that doesn't add to the deficit or the debt. I'm not talking fundamentalist ideology here. I'm talking a nation elects a president on new deal reforms, culminating in the three most popular programs in the history of our nation. In the process, opponents try to break it.

Americans don't expect the US to run deficits and debt to provide the safety nets we pay for. We expect and understand that our lawmakers are required to manage that no more goes out than comes in.

Americans aren't protesting free market solutions because they're dependent. Fundamentalists say we can't match revenues to expenditures. Americans know this isn't true I for one will accept a recalculated payout but not absurd excuses that substitute for ideology I happen to disagree with. IMO, they have one option, convince Americans that private solutions are best. This does not include deliberate attempt to sabotage government itself with lane brain tax cuts and three-ring-circus expenditures. Even Obama's health care plan attempts to contain costs, not increase them. Yet the major opponents worry their own interests will suffer at the interest of lowering our debt.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
Even Obama's health care plan attempts to contain costs, not increase them.
I'll be curious to see what the reality is a few years down the road. I'd bet anything that they go up. If prices do increase I'm sure the two progressive parties will be blaming each other while problem gets worse.

I didn't neg you btw.
 

DiscoBiscuit

weed fiend
Veteran
That's always a possibility and it diminishes the first argument (which I'm not associating with anybody here.)

Not to change the subject but anybody checking out debate? One of the moderators is crying.
 

SpasticGramps

Don't Drone Me, Bro!
ICMag Donor
Veteran
Huckabees forum? I turned it off after Newt was rambling on about how he would set gas prices at 2.50 and then the next sentence started talking about how the free market sets prices. I'm at a loss of words for how ridiculous he is.
 

DiscoBiscuit

weed fiend
Veteran
Mitt's got Kid Rock and Terrible Ted in his stable. He's hoping Bosefus will commit and unify the hell raiser crowd.

They'll all play the inaugural ball and Donny Osmond will guest host.
 

resinryder

Rubbing my glands together
Veteran
It's funny that many conservative's would get behind Mitt. He did more against the second amendment during his time in Mass than any politician has done since the Constitution was signed off on. And it blows me away that they are voting the way they are for Rick "I want you to have my Catholic morals" Santorum. Shit, if abortion and gay rights weren't an issue I don't know if those to bum fuckers would have anything at all to talk about. Like Ricky said, it makes me wanta puke.
 

ShroomDr

CartoonHead
Veteran
ShroomDr, history is a touchy subject these days. Now it depends on the futuristic event you're predicting (to know what revision of history to reflect.)

Those who forget the past are doomed to repeat it. There isnt an exception for blissful ignorance....


Lots of things can be pointed at as the starter for World War One, ultimately it is Serbian nationalism.

Nationalism spurred on by the Austrian and Hungarian elite who thought if the Romanian, Croats, Bosaks, and Serbs etc fought amongst themselves, they would be easier to control under the empire.


I was taught in school that The Ottoman Empire was 'the sick man of Europe'. Turns out this is not the case, and the quote itself comes from Czar Nicholas II (you wouldnt ask Limbaugh for accurate description of Obama).


The sick man of Europe was Austria Hungary
. They fucked Germany BIGTIME in WWI. Russia amasses troops on their and Germanys border, and AH invades Serbia... WTF? Too big for their britches, the Serbs gave them all kinds of hell. Germany was "shackled to a corpse".

http:// video.google.com/videoplay docid= The First World War - 5 of 10 - Shackled to a Corpse - 1914 to 1916



-
 

rasputin

The Mad Monk
Veteran
:biglaugh: This thread is comedy gold. And what's with all the tit for tat 'not helpfuls?' That feature seems redundant in this thread. I don't think any opinions are being spared in posts.

That WWI history lesson is still lacking in some key details but besides that, the topic is now on WWI because of a silly remark made about Austria? First thing to do when you're in a hole: stop digging.

And what is this talk of "winning arguments"? Is that all this is about? Are you guys keeping score, too?

I don't get it; you guys can disagree with one another all day long but why such a blatant lack of humility and civility?

ShroomDr, still with the selective big text dude? Your points are not made any more valid by enlarging the text used to communicate them and when you say something noteworthy it just looks silly in size 16 font.

You seem to know your way around the bold and italic buttons, show some love to the underline function for those key phrases you don't want us to miss.

As you were. :joint:
 

ShroomDr

CartoonHead
Veteran
well normally an underline from me is associated with a hyperlink. but ill do my best.

Its one thing to disagree and tell me why im wrong, its another just to hit 'unhelpful'.

Plenty of details about WW1 are left out, but the origins of the conflict, offered ONLY AS ANOTHER FAILED AUSTRIAN POLICY, are valid.

Nationalism in the late 19th century had direct effects on the Yugoslav wars all the way though the 1990's.

The reasons nationalism was 'stirred' directly relates to how our political system current runs. Poor white southerns hate poor black southerns, plenty of poor white trash that hate inner city blacks, poor people who think they are middle class, but are actually working poor hate welfare recipients, etc, etc, divide & conquer (+ circus and bread = effective population control).

Im more than happy to get off of Austria, but the things i talk about do relate to current political realities; often im just drawing historical parallels.
-
 
Status
Not open for further replies.

Latest posts

Latest posts

Top