HYPE - The Obama Effect

[texansfan]

For someone so anxious to leave this country you sure are taking your sweet time in doing so.

 

[tiznow]

anyway if you don't want to understand that's your choice

you are looking at all the surface noise not the root of the problem

i'll leave you with a excerpt from a young alan greenspan

http://www.321gold.com/fed/greenspan/1966.html



-------------------------

Under a gold standard, the amount of credit that an economy can support is determined by the economy's tangible assets, since every credit instrument is ultimately a claim on some tangible asset. But government bonds are not backed by tangible wealth, only by the government's promise to pay out of future tax revenues, and cannot easily be absorbed by the financial markets. A large volume of new government bonds can be sold to the public only at progressively higher interest rates. Thus, government deficit spending under a gold standard is severely limited. The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit. They have created paper reserves in the form of government bonds which-through a complex series of steps-the banks accept in place of tangible assets and treat as if they were an actual deposit, i.e., as the equivalent of what was formerly a deposit of gold. The holder of a government bond or of a bank deposit created by paper reserves believes that he has a valid claim on a real asset. But the fact is that there are now more claims outstanding than real assets. The law of supply and demand is not to be conned. As the supply of money (of claims) increases relative to the supply of tangible assets in the economy, prices must eventually rise. Thus the earnings saved by the productive members of the society lose value in terms of goods. When the economy's books are finally balanced, one finds that this loss in value represents the goods purchased by the government for welfare or other purposes with the money proceeds of the government bonds financed by bank credit expansion.

In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.

 

[Romanowski]

lol like I said he just doesnt get it

 

[gtc08]

gold standard, currency, the like have to do with the illuminati and the fed. has nothing to do with socialism. i also agree we should go back to the gold standard. illuminati controls america and has got people like romanowski to be puppets. he's ok being held by strings, i'm not.

read marx. capitalism is a necessary step to reach socialism. capitalism was good for awhile, but its crumbled like it naturally should, and is being taken over by socialism.

 

[mr21]

this isnt socialism, this is capitalism at its finest right now. thats why im leaving to begin with!

the capitalist way is inhumane. this whole mess now is because greedy capitalist citizens are being taken advantage of by greedy capitalist lenders, bankers, what have you.

Fascist capitalism that has festered since 2000 has ruined this country - enron, behr stearns, big oil, halliburton, arthur anderson, countrywide, etc. Keep raping the public at all costs, cook the books, launder money to offshore accts, arm lobbyists with million$$$$, have feds bail you out with billion$$$ of taxpayers money, rinse, and repeat.

 

[gtc08]

Fascist capitalism that has festered since 2000 has ruined this country - enron, behr stearns, big oil, halliburton, arthur anderson, countrywide, etc. Keep raping the public at all costs, cook the books, launder money to offshore accts, arm lobbyists with million$$$$, have feds bail you out with billion$$$ of taxpayers money, rinse, and repeat.

yea. these guys like romo though cant be saved. stuck in there own ways, see it all in black or white. they are fine being held by the strings, let them be. they are the feeble and weak that will be the first to go.

 

[Dave007inVegas]

dave my beef with you is you dont hold bush and his regime responsible for the joke of a nation we have become. you defend him because your a republican, only look out for your own interests, instead of admitting you have been wrong.

Well, well, well. Listen to you. You have no idea how well you have it. Mommy and daddy taking care of you while you get a education. You better step it up because the education you’ve received so far has been a waste of you parents money. You seem to think Bush is totally responsible for everything that is wrong with the country when the president actually plays a lesser role. The house and senate are the major players. I don’t remember defending Bush here. If you bothered to read any of what I’ve written you would know that I’m an Independent that’s conservative. As for me only looking out for my own interests, your bet I do. You see I don’t want to be one of those trash inbreds you like to sight, you know most average Americans. By the way I’m buying that your leaving to go to Canada, I don’t think the umbilical cord will stretch that far.

 

[gtc08]

you still havent been responsible enough to admit you voted for the wrong guy and lied to yourself. thats what bothers me the most. this comes from someone who has no qualms with you.

 

[mr21]

take a look at Sydney gtc08 - my friends love it and say it's a much better version of socal

I will encourage my son to do the same and leave this POS country when he finishes college

 

[gtc08]

take a look at Sydney gtc08 - my friends love it and say it's a much better version of socal

I will encourage my son to do the same and leave this POS country when he finishes college

yeah im out in 09 or 10.

capitalism at its finest =USA 2008

 

[Dave007inVegas]

you still havent been responsible enough to admit you voted for the wrong guy and lied to yourself. thats what bothers me the most. this comes from someone who has no qualms with you.

I didn't vote for the wrong guy I voted for Bush not Kerry and if that bothers you, tough shit.

 

[Willie99]

if he changes america to a democratic socialist nation ill stay. socialism is the next step after capitalism in marx's teaching.

anyone with a pulse can tell capitalism is a dying breed worldwide being overtaken by democratic socialism. europe, canada, asia, were the only ones left for a reason. you ever step outside and talk to the average american? average american is a piece of trash inbred.

did you just cite Karl Marx? wow

suffice to say, I simply can't disagree with this post more




PS: time to find some new friends

 

[gtc08]

I didn't vote for the wrong guy I voted for Bush not Kerry and if that bothers you, tough shit.

thats what i mean. you still lie to yourself to this day.

 

[tiznow]

yeah im out in 09 or 10.

capitalism at its finest =USA 2008

have fun finding a job abroad the fun has just begun

that said i'm probably on my way out eventually as well

new zealand on my radar

is socialistic to some extent but at least they are on the ball as far as corruption in politics

just a notch below the us now on economic freedom

plus in the US once shit really hits the fan and spoiled americans are left with nothing crime and such will go up quite a bit...

<table style="font-size: 0.8em;" cellpadding="5" cellspacing="0"><tbody><tr><td align="center" width="175">Country </td> <td align="center"> Year </td> <td align="center"> Overall
Score </td> <td align="center" width="65"> Business
Freedom </td> <td align="center" width="35"> Trade Freedom </td> <td align="center"> Fiscal
Freedom </td> <td align="center" width="75"> Government
Size </td> <td align="center"> Monetary
Freedom </td> <td align="center"> Investment
Freedom </td> <td align="center" width="50"> Financial
Freedom </td> <td align="center"> Property
Rights </td> <td align="center"> Freedom from
Corruption </td> <td align="center" width="50"> Labour
Freedom </td> </tr> <tr bgcolor="White"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Hong Kong </td> <td align="center"> 2008 </td> <td align="center"> 90.25 </td> <td align="center"> 88.18 </td> <td align="center"> 95.0 </td> <td align="center"> 92.8 </td> <td align="center"> 93.07 </td> <td align="center"> 87.21 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 83 </td> <td align="center"> 93.3 </td> </tr> <tr bgcolor="#e3e3e3"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Singapore </td> <td align="center"> 2008 </td> <td align="center"> 87.38 </td> <td align="center"> 97.79 </td> <td align="center"> 90.0 </td> <td align="center"> 90.3 </td> <td align="center"> 93.87 </td> <td align="center"> 88.86 </td> <td align="center"> 80 </td> <td align="center"> 50 </td> <td align="center"> 90 </td> <td align="center"> 94 </td> <td align="center"> 99 </td> </tr> <tr bgcolor="White"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Ireland </td> <td align="center"> 2008 </td> <td align="center"> 82.35 </td> <td align="center"> 92.22 </td> <td align="center"> 86.0 </td> <td align="center"> 71.5 </td> <td align="center"> 64.5 </td> <td align="center"> 84.91 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 74 </td> <td align="center"> 80.4 </td> </tr> <tr bgcolor="#e3e3e3"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Australia </td> <td align="center"> 2008 </td> <td align="center"> 82 </td> <td align="center"> 89.32 </td> <td align="center"> 83.8 </td> <td align="center"> 59.2 </td> <td align="center"> 62.83 </td> <td align="center"> 83.68 </td> <td align="center"> 80 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 87 </td> <td align="center"> 94.2 </td> </tr> <tr bgcolor="White"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> United States </td> <td align="center"> 2008 </td> <td align="center"> 80.56 </td> <td align="center"> 91.69 </td> <td align="center"> 86.8 </td> <td align="center"> 68.3 </td> <td align="center"> 59.81 </td> <td align="center"> 83.67 </td> <td align="center"> 80 </td> <td align="center"> 80 </td> <td align="center"> 90 </td> <td align="center"> 73 </td> <td align="center"> 92.3 </td> </tr> <tr bgcolor="#e3e3e3"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> New Zealand </td> <td align="center"> 2008 </td> <td align="center"> 80.25 </td> <td align="center"> 99.9 </td> <td align="center"> 80.8 </td> <td align="center"> 60.5 </td> <td align="center"> 55.99 </td> <td align="center"> 83.67 </td> <td align="center"> 70 </td> <td align="center"> 80 </td> <td align="center"> 90 </td> <td align="center"> 96 </td> <td align="center"> 85.5 </td> </tr> <tr bgcolor="White"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Canada </td> <td align="center"> 2008 </td> <td align="center"> 80.18 </td> <td align="center"> 96.74 </td> <td align="center"> 87.0 </td> <td align="center"> 75.5 </td> <td align="center"> 53.67 </td> <td align="center"> 80.98 </td> <td align="center"> 70 </td> <td align="center"> 80 </td> <td align="center"> 90 </td> <td align="center"> 85 </td> <td align="center"> 82.9 </td> </tr> <tr bgcolor="#e3e3e3"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Chile </td> <td align="center"> 2008 </td> <td align="center"> 79.79 </td> <td align="center"> 67.48 </td> <td align="center"> 82.2 </td> <td align="center"> 78.1 </td> <td align="center"> 88.24 </td> <td align="center"> 78.82 </td> <td align="center"> 80 </td> <td align="center"> 70 </td> <td align="center"> 90 </td> <td align="center"> 73 </td> <td align="center"> 90 </td> </tr> <tr bgcolor="White"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> Switzerland </td> <td align="center"> 2008 </td> <td align="center"> 79.72 </td> <td align="center"> 83.89 </td> <td align="center"> 87.2 </td> <td align="center"> 68.0 </td> <td align="center"> 61.55 </td> <td align="center"> 83.57 </td> <td align="center"> 70 </td> <td align="center"> 80 </td> <td align="center"> 90 </td> <td align="center"> 91 </td> <td align="center"> 82 </td> </tr> <tr bgcolor="#e3e3e3"> <td style="width: 5px; text-align: right;">
</td> <td align="left"> United Kingdom </td> <td align="center"> 2008 </td> <td align="center"> 79.55 </td> <td align="center"> 90.79 </td> <td align="center"> 86.0 </td> <td align="center"> 61.2 </td> <td align="center"> 40.06 </td> <td align="center"> 80.75 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 90 </td> <td align="center"> 86 </td> <td align="center"> 80.7</td></tr></tbody></table>

 

[Willie99]

tizzie, if we were a democratic socialist country we'd have a longer life span, more opportunities, have a 50 foot wall up, have a better quality of life, free health care, no illiteracy and small unemployment.

instead in this capitalist country we have people wandering into the country everyday that drain the system, low quality of life(average american quality of life is dependent on how much plastic they have, material things), expensive and inefficient health care, 40 percent national drop out rate, and high unemployment. we have low self esteem and just eat our way through the day. embarrassing walking down the street these days.

with day dreaming like this, never mind a badly needed fact check, I think you found your man in Obama.

Fear not, he will save you from the big bad world.

"hope & dreams" forever




PS: if that doesn't work for you, try a Disney World Vacation

GT, you seem to be having a really bad day, are you ok?

 

[Dave007inVegas]

thats what i mean. you still lie to yourself to this day.

OK you win :kissingbb geez your parents must be proud.

 

[tiznow]

plus like i say socialism can work perfectly fine in small scales

but when you the world's power/empire whatever you want to call us....it just doesn't work....

 

[gtc08]

i am having a bad week

 

[tiznow]

also GTC i think you kinda miss the big picture of the US structure

comparing US to europe is comparing apples to oranges

the socialism should stay at the state level that's what state government is for to manage issues for the state

you go to europe yeah they have socialism but each country is the size of a state here in the US

the federal government should stay out of the way and let the states handle their own business

in the us we have two levels of taxation/socialism

i would much rather give my tax dollars to the state than the federal government

money is more efficiently spent locally

the further the money gets from the source the lower the efficiency of its use becomes and the higher the chance of corruption or a middle man snatching a piece of the pie rather than getting to its intended location

honestly i'm curious to see if any states succeed before the end of my lifetime

 

[JoeContrarian]

Did you guys see this?

He Ventured Forth To Bring Light To The World

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