Seriously...
The pres's speech this morning and some idiot calling some other idiot a slut matters?
Seriously?
With that reasoning, Ron's an idiot for commenting and you're in the idiot chain reaction.
With that reasoning, Ron's an idiot for commenting and you're in the idiot chain reaction.
You do realize fed reserve and gold standard are nothing compared to WWIII right.
possibly some reporter asked him to comment?
Just because You and I dont control it, doesnt mean we dont benifet from it. Im not against reigning in the disorder.The FED is as Federal as Federal Express. We the people don't control anything a private banking cartel has the control and Greenspan himself will even tell you that.
It's become clear that this is an untenable position for the US, just as it is for any schoolyard bully stealing lunch money from everyone else. Many countries are fed up with being manipulated and controlled by our financial dominance. So far, we have attacked every country that threatened to stray outside of it. Iran, of course, is the latest.
Does this seem like a sustainable path? If you say yes, you are not such a good student of history as you claim to be.
Not invading Iran is a glacial stump?
With post it notes.who or what world reserve is replacing US dollars?
NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve currency.
The IMF said Special Drawing Rights, or SDRs, could help stabilize the global financial system.
Nothing to see here. Move along.Obama put the assholes who crashed the market in charge of the Fed
IMF calls for dollar alternative
Oh yes he does go there. The Fed is no different than the Central bank. Every boom and bust we've gone through has been about the free money concept and the mal investment it causes. The House of Cook, the railroad scandal of the 1870s, was the same thing.Ron Paul likes to suggest the Fed creates boom and bust. Ron Paul doesn't touch on pre federal reserve boom and bust cycles. He doesn't go there because this would reflect that gold has very little correlation to recovery. Recoveries require demand and that's what we're lacking atm.
Semantics but i'd call it Congress regulated the housing market. They told the free market to go to hell and made their own rules. example - If a bank wanted to buy another bank they couldn't unless they made a certain percentage of the "low income" housing loans.FDR reforms largely prevented major busts - S&L crisis, MCI, Enron and housing and more wrecked after modern-day deregulation. With the exception of the housing crisis, these circumstances took no more than a year or two to manifest.
lol you made that up.If adults in the room are control freaks, there's a great chance that kids in the same room exercise too little of it.
The Federal Reserve has been the cause of every boom and bust cycle since they were created in 1913.Just because You and I dont control it, doesnt mean we dont benifet from it. Im not against reigning in the disorder.
who or what world reserve is replacing US dollars?
Forget 'sustainable path', look at it from the other direction, what is better?
Rubles? Yuan? Hell the Euro (the worlds second largest world reserve currency) doesnt even try to pretend its backed by gold...
So instead of pointing the finger, crying the sky falling, falling prey and championing a cause that is not in your best interest, analyze the situation, note there is no better alternative to the Dollar.
Im not advocating giving the Fed a free hand, im merely looking at the facts at hand.
There is not enough gold in the world to serve as a worldwide currency. The world must use something, advocating anything other than dollars is foolish for an American (unless you own a bunch of gold [or seashells] and stand to get rich leveraging the issue.)
You cant eat sea shells, soft metal or paper money, Why does it matter if we use one vs the other?
We are the DeBeers of reserve currency, and no one else is even close to controlling as many 'diamonds' as we do, even if our market share has fallen.
Obama put the assholes who crashed the market in charge of the Fed, seems pretty stupid to me, but you dont throw the baby out with the bathwater, and say the Fed has to go.
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