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02-05-2014, 01:29 AM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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Lets go back 40 years. There really has not been many points in time you would have lost wealth. You also would have avoided the lose of wealth from inflation.
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02-05-2014, 01:36 AM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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Now if you decided to convert fiat to gold a year ago, the dollar to oz ratio is not good.
But five years and more you a sitting very nice.
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02-05-2014, 01:57 AM
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Banned
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Join Date: Jan 2014
Posts: 4,454
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By the way Silver performs far better than gold. It's needed more for industry and there is far less of it above ground.
It has a ratio of 10 to 1 gold in how it's mind and comes out of the ground. It's being suppress so badly in the market they have it at 64.55 to 1. It will regain it's 10 to 1 status very soon.
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02-05-2014, 07:08 AM
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Banned
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Join Date: Nov 2013
Posts: 8,310
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Quote:
Originally Posted by whell
I've often found that those who refer to recorded history and fact as "bilge" and "an effort at distraction and misdirection" often mistake their own emotionalism and histrionics as reasoned discourse. Here. Maybe this will help:
http://www.ebri.org/publications/fac...fm?fa=0302fact
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Blah...blah. In other words, "Here read this Ike. It will totally sidestep the fact that you're right about me and my ilk. That in the end we don't give a shit for how many American families are going bankrupt every year in this country for lack of health coverage and for how many people are dying every year in this country for lack of health coverage."
And funniest of all a lecture on "reasoned discourse" from whell. Irony rears it's ugly zit-covered head.
Last edited by Ike Bana; 02-05-2014 at 07:10 AM.
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02-05-2014, 07:30 AM
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Area Man
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Join Date: Oct 2009
Location: The Swamp
Posts: 27,451
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My investments are worth a bit more than three times what they were in June of 2009.
Dave
__________________
"When the lie is so big and the fog so thick, the Republican trick can play out again....."-------Frank Zappa
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02-05-2014, 08:35 AM
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Banned
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
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Quote:
Originally Posted by Ike Bana
Blah...blah. In other words, "Here read this Ike. It will totally sidestep the fact that you're right about me and my ilk. That in the end we don't give a shit for how many American families are going bankrupt every year in this country for lack of health coverage and for how many people are dying every year in this country for lack of health coverage."
And funniest of all a lecture on "reasoned discourse" from whell. Irony rears it's ugly zit-covered head.
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Blah...blah. In other words, "Here read this whell. I'll continue to cast unfounded aspersions on you and anyone else who disagrees with me as long as I don't have to deal with facts and reason. That in the end we don't give a shit about the facts. We'll just continue to throw shit at the wall and see if it sticks."
And to further punctuate your lack of rhetorical technique is your last sentence.
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02-05-2014, 08:37 AM
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Banned
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Join Date: Aug 2010
Location: Metro Detroit
Posts: 13,135
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Quote:
Originally Posted by finnbow
The interesting thing is that this really isn't news in the sense that these numbers were predicted when the law was enacted. It only stands to reason that if the only reason you're still working is to get health care that you can finally retire now that Obamacare offers the ability to get health care. This could indeed be beneficial if it results in new people now get hired to backfill the vacated positions.
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Mr Milbank appears to disagree with you:
"The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."
http://www.washingtonpost.com/opinio...bd1_story.html
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02-05-2014, 08:39 AM
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Resident octogenarian
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Join Date: May 2009
Location: Maryland
Posts: 20,860
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So did the CBO hold their meeting in Colorado or Washington State. That sure was some pretty strong weed they were smoking.
__________________
Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
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02-05-2014, 08:42 AM
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Reformed Know-Nothing
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Join Date: Oct 2009
Location: MoCo, MD
Posts: 26,554
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Quote:
Originally Posted by whell
Mr Milbank appears to disagree with you:
"The law would reduce the workforce in 2021 by the equivalent of 2.3 million full-time workers, well more than the 800,000 originally anticipated. This will inevitably be a drag on economic growth, as more people decide government handouts are more attractive than working more and paying higher taxes."
http://www.washingtonpost.com/opinio...bd1_story.html
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I trust the views of 2 economists on PBS who were talking about this last night more than I do Milbank. Both numbers are estimates and neither really get into whether it's actually a good or a bad thing. It was, however, predicted and predictable. Interestingly, Harvard published a study in 2008 saying that 11 million Americans were essentially stuck in jobs they no longer wanted (in favor of retirement, different jobs or entrepreneurship) because of their need for employer-provided healthcare.
__________________
As long as the roots are not severed, all will be well in the garden.
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02-05-2014, 08:47 AM
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Koch-Teapublican
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Join Date: Aug 2012
Location: Hartland, MI
Posts: 1,395
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Quote:
Originally Posted by bobabode
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Damn, we all should of listen to him... When did Beck start at fox?
Um, 2009. That's about the Tme Libs started claming he was a Gold Scammer.
hmmm, you might want to review your own chart there Bob. Price is still up
And if you would of sold early in 2013, Big Bucks
__________________
'Never ending security threats...' Final Diary Entry:C. Stevens 9/11/12
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