Ron Paul Questions Bernanke.....Again.

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Nov 24, 2003
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#4
Bernanke is too much a student of the current system.


If it happens, he is going down with the ship fo sho.


We have become too reliant on credit and leveraging and RP is correct in what he says about temporarily fixing situations but not solving the underlying problems.


PS. If I read one more article with the terminology "shore up" or "inject" I am going to lose my mind lol.
 
Apr 25, 2002
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#6
This guy is a waste of human resources and does us all harm just by taking up valuable air that could be used by the rest of us for breathing.

He has been explained and explained and explained on this forum.

He is a total non-factor to everyone except for internet fan boys that continually flood this forum with his mindless bullshit. They are out their looking for answers to complicated questions, for which, initially, they should be commended, but instead they settle for a simple answer. They find someone who gives them a simple answer to the question and forms it in a way they want to hear - boom that's the way shit is. That's how all these "conspiracy theories" propagate. People are searching for answers to extremely complex questions with answers that aren't always fun to hear. So rather than exploring all the angles; the answer that is most simplistic yet, most encompassing, is what they start to believe. i.e. NAU, illuminati, CFR, etc. as the end all be all answer.

Ron Paul feeds into that mentality.

An answer about why Ron Paul's economic policy is so fucked up touches on history, economics, politics, international systems, political theory, labor relations, sociology, etc. But it seems appealing for someone searching for a simple answer to a complex question - less taxes & less government means more money and "freedom" for you. Even though it really doesn't mean that, on the surface and to the person not willing to take the time and effort to find out why, it sounds like a good idea.

  • His “ideas” are devoid of critical thought, fact, or historical perspective.

Example:

He is a proponent of deregulation – government imposed restrictions upon business that he believes should be removed.

The reason much of the regulations were placed on businesses have historical basis and are due to the great deal of harm they have caused the people of this country and the world.

Regulations were imposed to prevent monopolies, curb child labor, create worker safety, protect the environment, etc, etc, etc. We all have experience or at least heard stories of businesses exploiting child labor, lack of work place safety, environmental damage, but imagine what would happen if there weren’t laws to punish companies for this behavior or at least make them think twice about doing it? That’s the way things used to be and Ron Paul in his infinite genius wants to let businesses run over the American people because he believes the market responds to the people rather than to profits. i.e. HE”S CRAZY. Read Grapes of Wrath or The Jungle – they will give you a perspective on how things used to be before there were these types of protections that Ron Paul wants to do away with.


I’ve said before: “I disagree with almost everything he says and with EVERYTHING when his reasoning is taken into consideration.”

Because it’s a great sound bite to say “I want the government out of private citizens lives.” Hurray! Not many people can argue with that. But when you look at his reasoning behind his comments he believes the government should be out, but thinks its fine if corporations then slide in.

If you told people “Hey I think it would be a great idea to let AT&T run the freeway system in the country from now on – instead of taxes from the government they’ll send you a bill instead.” How many people would jump for joy? Not many people who’ve ever used AT&T phone service probably. Imagine if they were in charge of the roads too.

People want government out of their lives sure, but that comes at a huge cost. When given the alternative of a corporation filling that void people are equally if not more turned off. And rightfully so.

The whole point behind that sentiment is they don’t want ANYONE poking into their lives as much.

Ron Paul’s hands off business mentality would do nothing to prevent business from sliding into the voids created by a lack of government, in fact, they would encourage them.

The reason we have the massive government we have now – open to the criticisms that it receives – is because businesses have FAILED that job in the past and government alternatives HAD TO BE created to resolve the mess created.

Do a search for the last piece of legislation he sponsored or co-sponsored that got passed by the house. It was over 4 years ago AT LEAST. Look at the type of legislation he sponsors – he proposes cutting government waste left and right in his cute little videos and sound bites on TV, but nearly all of his sponsored legislation is government waste. This guy doesn't get elected in his district due to his youtube popularity. He does it the same way all his corrupt buddies in congress do it. By bringing pork back to his constituents. Plane and simple. He’s a fucking farce.
 
Nov 24, 2003
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#7
^^

You may be correct about the majority of people who post about RP on this board and on the net in general, but supporting RP doesn't necessarily mean that you subscribe to 100% of his ideas, but perhaps you would just like to see the momentum slowed in our current, more government, more spending, more taxes, direction.


I don't want to see complete deregulation, but in a day in age when companies are being zoned out of areas because of the food they serve, regardless of market demand; or there is legislation being proposed that would limit who could eat what type of foods, we need more voices saying this has gone too far.
 
Oct 15, 2008
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#8
This guy is a waste of human resources and does us all harm just by taking up valuable air that could be used by the rest of us for breathing.

He has been explained and explained and explained on this forum.
He is a total non-factor to everyone except for internet fan boys that continually flood this forum with his mindless bullshit. They are out their looking for answers to complicated questions, for which, initially, they should be commended, but instead they settle for a simple answer. They find someone who gives them a simple answer to the question and forms it in a way they want to hear - boom that's the way shit is. That's how all these "conspiracy theories" propagate. People are searching for answers to extremely complex questions with answers that aren't always fun to hear. So rather than exploring all the angles; the answer that is most simplistic yet, most encompassing, is what they start to believe. i.e. NAU, illuminati, CFR, etc. as the end all be all answer.
When i 1st heard of him, i did start to question things he has said and i have researched things he has said, iraq, iran, austrian economics, Nau, Real Id Act.

The NAU is real, it just under a different name. Maybe you should do some research on a publication called "BUILDING A NORTH AMERICAN COMMUNITY"

I dont believe in all that illuminati zeitgeist bullshit. But its always the best to question things and do your own research instead of believing a few videos.

Ron Paul feeds into that mentality.

An answer about why Ron Paul's economic policy is so fucked up touches on history, economics, politics, international systems, political theory, labor relations, sociology, etc. But it seems appealing for someone searching for a simple answer to a complex question - less taxes & less government means more money and "freedom" for you. Even though it really doesn't mean that, on the surface and to the person not willing to take the time and effort to find out why, it sounds like a good idea.
Have you studied Austrian economics?

What is your opinion of The Subjective Theory of Value?

  • His “ideas” are devoid of critical thought, fact, or historical perspective.

Example:

He is a proponent of deregulation – government imposed restrictions upon business that he believes should be removed.


Too much regulation is what gets us into a economic mess.

The reason much of the regulations were placed on businesses have historical basis and are due to the great deal of harm they have caused the people of this country and the world.

Regulations were imposed to prevent monopolies, curb child labor, create worker safety, protect the environment, etc, etc, etc. We all have experience or at least heard stories of businesses exploiting child labor, lack of work place safety, environmental damage, but imagine what would happen if there weren’t laws to punish companies for this behavior or at least make them think twice about doing it? That’s the way things used to be and Ron Paul in his infinite genius wants to let businesses run over the American people because he believes the market responds to the people rather than to profits. i.e. HE”S CRAZY. Read Grapes of Wrath or The Jungle – they will give you a perspective on how things used to be before there were these types of protections that Ron Paul wants to do away with.
If you understand the philosophy of Liberty, then you would be able to understand Austrian Economics.
I’ve said before: “I disagree with almost everything he says and with EVERYTHING when his reasoning is taken into consideration.”
I disagree with some things too.

Because it’s a great sound bite to say “I want the government out of private citizens lives.” Hurray! Not many people can argue with that. But when you look at his reasoning behind his comments he believes the government should be out, but thinks its fine if corporations then slide in.
Economic wise, how has the government helped with these corporations?
If you told people “Hey I think it would be a great idea to let AT&T run the freeway system in the country from now on – instead of taxes from the government they’ll send you a bill instead.” How many people would jump for joy? Not many people who’ve ever used AT&T phone service probably. Imagine if they were in charge of the roads too.
Where do you get this nonsense?

People want government out of their lives sure, but that comes at a huge cost. When given the alternative of a corporation filling that void people are equally if not more turned off. And rightfully so.

The whole point behind that sentiment is they don’t want ANYONE poking into their lives as much.
This is not how Austrian economics works.

Ron Paul’s hands off business mentality would do nothing to prevent business from sliding into the voids created by a lack of government, in fact, they would encourage them.
It would encourage more employment and more wealth.
The reason we have the massive government we have now – open to the criticisms that it receives – is because businesses have FAILED that job in the past and government alternatives HAD TO BE created to resolve the mess created.
Ya and government does a great job when it interferes with the free market, great job buddy.

Do a search for the last piece of legislation he sponsored or co-sponsored that got passed by the house. It was over 4 years ago AT LEAST. Look at the type of legislation he sponsors – he proposes cutting government waste left and right in his cute little videos and sound bites on TV, but nearly all of his sponsored legislation is government waste. This guy doesn't get elected in his district due to his youtube popularity. He does it the same way all his corrupt buddies in congress do it. By bringing pork back to his constituents. Plane and simple. He’s a fucking farce.
Please show me.










And Mr. Rictus, Some of this stuff was typed by Cold Blooded.
 
Apr 25, 2002
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#9
You may be correct about the majority of people who post about RP on this board and on the net in general, but supporting RP doesn't necessarily mean that you subscribe to 100% of his ideas, but perhaps you would just like to see the momentum slowed in our current, more government, more spending, more taxes, direction.
Like I said it is one thing to be against intrusiveness into the lives of citizens, but essentially Ron Paul is not against that. He is just against the government being there. Something else will take its place (in Ron Paul's dream world it would be corporations). Ron Paul is a spoke in the wheel. He helps make the shit go round just like the rest of them. He talks a lot of talk which is fundamentally flawed and completely shallow, but when it comes down to it he does what it takes to stay in power and keep the system running just as it does. Look how much pork goes back to his district. How's Ron Paul on earmarks?

Want leadership against government spending, taxes, etc. Why look to someone that does nothing but pay lip service to these ideas? What look to someone who contributes to the exact issue that you are railing against?

Each of these congressmen has a gimmick. And there is someone out there to fall for every one of them.



I don't want to see complete deregulation, but in a day in age when companies are being zoned out of areas because of the food they serve, regardless of market demand; or there is legislation being proposed that would limit who could eat what type of foods, we need more voices saying this has gone too far.
There is market demand for crack too. :ermm:
 
Apr 25, 2002
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Collapse

Have you studied Austrian economics?
I’m not an economist so to say I “studied” it would be a serious overstatement. Are you an economist? Never mind, don’t answer that one I know the answer already.

What is your opinion of The Subjective Theory of Value?
I have a low opinion of it.

This is not how Austrian economics works.
Really? Wow! You mean the world doesn’t function inside a text book on economic theory? Please enlighten us further.
It would encourage more employment and more wealth.
Lower employment for lower wages and more wealth in the hands of fewer people. That's the point of the system.

Ya and government does a great job when it interferes with the free market, great job buddy.
The “free” market fails the people every time.

Please show me.
www.google.com

If you can figure out the search tool on the siccness you can manage google to look up yoru fearless leader's voting record.

You Ron Paul spammers keep coming back so you had better expect to get the same shit pointed out to you every time.
 
Nov 10, 2006
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#11
Mr Rictus, don't take this the wrong way because I appreciate your contributions to the siccness when you sign in under that screen-name, but your posts in this thread, as eloquent as they may be, are like a rain cloud that promises much but delivers nothing.
 
Oct 15, 2008
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#13
Collapse



I’m not an economist so to say I “studied” it would be a serious overstatement. Are you an economist? Never mind, don’t answer that one I know the answer already.



I have a low opinion of it.


Really? Wow! You mean the world doesn’t function inside a text book on economic theory? Please enlighten us further.


Lower employment for lower wages and more wealth in the hands of fewer people. That's the point of the system.


The “free” market fails the people every time.


www.google.com

If you can figure out the search tool on the siccness you can manage google to look up yoru fearless leader's voting record.

You Ron Paul spammers keep coming back so you had better expect to get the same shit pointed out to you every time.
FAIL.
 
Jul 10, 2002
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#14
Miro, great vid, all you 'fake ass' liberatarian aka closet Republican's should take notes. That pretty much kills the thread. Should be posted in every Ron Paul thread.

and Collapse
'Too much regulation is what gets us into a economic mess.'

Are you serious? If so, it show's your complete lack of how finance and corporate america works.

Ever since Kennedy was assinated, we have been in a constant down hill spiral of deregulation & Privatization.

Do you understand the purpose of the SEC & FTC and how it's powers have been handcuffed year after year?

Do you understand derivative securities, and leverage (especially the former)?

What about CDO's comprised of MBS and how they are sliced and diced, can you explaiin a substitution of security? Do you understand the role that Ratings agencies play?

Do you understand the conflict of interest regarding how CEO's get paid in Stock Options and it's implications of who benefits no matter how the company performs w/o oversight?

Can you explain why I think that stock options should be regulated and subject to 'expensing'

Do you agree that wealthy lobbyists should be able to 'bribe' elected officials to enforce laws/trade agreements that only benefit the corporation (i.e. prevent emerging energy technology to advance or even hold a place in the market, or crushing the small farmer for the interest of agrofarms)?

What about Gun control, I guess we need more 8 yr olds killin' Pa and Uncle Buck, and skin heads should definatley be able to roll around with their hand grenades andfully auto m-16's.

Do you understand 'Usury Law's and how it philsophically should protect consumers? However, especially thanks the to the Gipper, since the 80's creditors are able to structure the game that allow them to mask/charge absurd fee's, penalties, and margins to consumers?

Have you ever read all of the terms and conditions of a credit-card agreement, and if so, can you please in laymen terms explain double cycle billing or trailing interest? Have you ever read an entire Note & DOT on a subpime mortgage?
Howabout payday loan centers that charge an APR of 200%-800%?

That's called loan sharking in my book.

Now, I'm not the biggest contemporary Ralph Nader fan, but just as he is/was dedicated to consumer protection for manufactured good, which all of us have benefitted from, we need the same type of protection in the finance industry (and this is coming from me, a Loan Officer in the residential real estate game, w/ many friends who are NY I-bankers that are in accordance)

your statement of 'Too much regulation is what gets us into a economic mess.' is so bassackwards, and not based in reality, it bewilders me. The complete lack of transpearancy and oversight is why the current 'financial crisis' is dragging the global economy down.

deregulation in US = US as a 3rd world country

I don't even know where to begin.

Now, don't get it twisted, corporations and private capital are necessary, but w/o checks and balances, we will soon be forced into borrowing from the IMF & Worldbank, our currency will go to shit, wages will drop, prices will increase, and inflation will grow out of control.

Deregulation has kept the status quo for our energy or healthcare policy in the private sector. Only a Federal Gov't mandate will motivate the auto and/or medical industry for real reform.

Then there;s the military-industrial-congressional-complex, but that's a whole 'nother issue as well....
 
Jul 10, 2002
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#15
Miro, great vid, all you 'fake ass' liberatarian aka closet Republican's should take notes. That pretty much kills the thread. Should be posted in every Ron Paul thread.

and Collapse
'Too much regulation is what gets us into a economic mess.'

Are you serious? If so, it show's your complete lack of how finance and corporate america works.

Ever since Kennedy was assinated, we have been in a constant down hill spiral of deregulation & Privatization.

Do you understand the purpose of the SEC & FTC and how it's powers have been handcuffed year after year?

Do you understand derivative securities, and leverage (especially the former)?

What about CDO's comprised of MBS and how they are sliced and diced, can you explaiin a substitution of security? Do you understand the role that Ratings agencies play?

Do you understand the conflict of interest regarding how CEO's get paid in Stock Options and it's implications of who benefits no matter how the company performs w/o oversight?

Can you explain why I think that stock options should be regulated and subject to 'expensing'

Do you agree that wealthy lobbyists should be able to 'bribe' elected officials to enforce laws/trade agreements that only benefit the corporation (i.e. prevent emerging energy technology to advance or even hold a place in the market, or crushing the small farmer for the interest of agrofarms)?

What about Gun control, I guess we need more 8 yr olds killin' Pa and Uncle Buck, and skin heads should definatley be able to roll around with their hand grenades andfully auto m-16's.

Do you understand 'Usury Law's and how it philsophically should protect consumers? However, especially thanks the to the Gipper, since the 80's creditors are able to structure the game that allow them to mask/charge absurd fee's, penalties, and margins to consumers?

Have you ever read all of the terms and conditions of a credit-card agreement, and if so, can you please in laymen terms explain double cycle billing or trailing interest? Have you ever read an entire Note & DOT on a subpime mortgage?
Howabout payday loan centers that charge an APR of 200%-800%?

That's called loan sharking in my book.

Now, I'm not the biggest contemporary Ralph Nader fan, but just as he is/was dedicated to consumer protection for manufactured good, which all of us have benefitted from, we need the same type of protection in the finance industry (and this is coming from me, a Loan Officer in the residential real estate game, w/ many friends who are NY I-bankers that are in accordance)

your statement of 'Too much regulation is what gets us into a economic mess.' is so bassackwards, and not based in reality, it bewilders me. The complete lack of transpearancy and oversight is why the current 'financial crisis' is dragging the global economy down.

deregulation in US = US as a 3rd world country

I don't even know where to begin.

Now, don't get it twisted, corporations and private capital are necessary, but w/o checks and balances, we will soon be forced into borrowing from the IMF & Worldbank, our currency will go to shit, wages will drop, prices will increase, and inflation will grow out of control.

Deregulation has kept the status quo for our energy or healthcare policy in the private sector. Only a Federal Gov't mandate will motivate the auto and/or medical industry for real reform.

Then there;s the military-industrial-congressional-complex, but that's a whole 'nother issue as well....
 
Dec 12, 2006
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#16
Uh so Ive heard Ron Paul said leave abortion up to teh states, he has his own opinions from being a doctor, im sure there logical. Although I may not totally agree with his economic plan, were about to hit all new bottoms for the next two years, whats wrong with suggesting other options? He clearly understands our relationship with the world better than all of the republicans that ran. He is not Christ reborn, but a voice of truth in a tornado of bullshit polictians. Whats wrong with that? Why dismiss the man, I mean he ran agaisnt Mike Huckabee's dumbass
 
Oct 15, 2008
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#17
Now, don't get it twisted, corporations and private capital are necessary, but w/o checks and balances, we will soon be forced into borrowing from the IMF & Worldbank, our currency will go to shit, wages will drop, prices will increase, and inflation will grow out of control.
We are borrowing money from foreigners, especially china to finance the country. Forced to borrow? We have been borrowing and consuming for years. What we need to do is Save and Produce. Our currency will go to shit? It has already gone to shit. Unemployment will drop dramatically next year. Have you been watching the news? Inflation IS out of control, next year, prices are going to rise rapidly due to the bail outs and stimulus packages that occured this year.

Next crisis will be:

Airline companies crisis

Another credit crisis

Bonds Crisis.

possibly another housing crisis.

People better stock up on can foods and water, everything is going to get expensive, the dollar is crashing soon.

Stocks to have in your portfolio if your a shareholder

Mining companies, producers of basic materials, energy, agricultural commodities that trade worldwide in dollars.

Oil service companies this wont get hit with an excess profit tax.

Makers of farm equipment and fertilizer companies.

"The situation we are facing is of a magnitude comparable to the Great Depression of the 1930's and the next worst bear market, the stagflation period of the 1970's"- Peter Schiff
 
Jul 10, 2002
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#19
so you didn't/couldn't answer one of my questions. Understood.

We are borrowing money from foreigners, especially china to finance the country. Forced to borrow?
Don't forget to mention how heavily invested China is in US Treasury bonds, so they have a vested interest in making sure we stay afloat.

Loans from China and Loans from IMF &/or World Bank are not comparable. Your insinuation of similarities are acinine.

Collapse said:
We have been borrowing and consuming for years. What we need to do is Save and Produce.
Agreed, but won't happen with out gov't stimulus.


Collapse said:
Our currency will go to shit? It has already gone to shit. Unemployment will drop dramatically next year. Have you been watching the news? Inflation IS out of control, next year, prices are going to rise rapidly due to the bail outs and stimulus packages that occured this year.
No, I haven't seen the news, I don't have cable and don't watch TV unless its some mindless detective show for background noise. I read. You should try it sometime, Unemployment dropping is a good thing, lol, rising unemployment is the bad thing, but oh I forgot your Mr. Freemarket, so that means you prolly do think unemployment dropping is a bad thing.

Regarding our currency it's actually rebounded as the global economy follows the collapse that the US was in the poll position for the decline. Also, not sure if you've heard, but DEflation is the concerns now.

Good effort though, at least you're kinda pickin' up on some of the keywords and catchphrases.

Now, can you respond to any of my questions from page 1?

No one here has the stomach for a freemarket. The us economy has been a amalgamation of free market/democracy/republic/social/plutocracy with a heavy emphasis on freemarket since 1996, as the republicans took control of congress and touted deregulation until they piledrove us to where we are now.