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01-19-2012, 06:23 PM
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Senior Member
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Join Date: May 2009
Posts: 10,348
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Quote:
Originally Posted by finnbow
I think most any sentient being could predict most of those (this leaves out the likes of Palin, Perry, Bachmann ...), but few, if any, politicians have the temerity to say it. These things don't sit well with the "exceptionalism" crowd.
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Ain't no money in telling people they're shit outta luck. The real money is in selling people "dreams".
People will pay most anything for a dream. At least enough of them to make you stinking rich, if you package it right.
Chas
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01-19-2012, 06:36 PM
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Senior Member
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Join Date: Dec 2010
Location: Willamette Valley
Posts: 3,027
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Quote:
Originally Posted by Charles
Ain't no money in telling people they're shit outta luck. The real money is in selling people "dreams".
People will pay most anything for a dream. At least enough of them to make you stinking rich, if you package it right.
Chas
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Kinda like, "Hope" and "Change".......
Seems to have made one guy very rich.
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01-19-2012, 07:40 PM
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Senior Member
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Join Date: Apr 2011
Posts: 115
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I have to admit that overall, Obama hasn't done as much as I would have liked, but my level of hope is significantly higher with him then the last guy.
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01-19-2012, 08:01 PM
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Senior Member
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Join Date: Dec 2011
Location: East Coast
Posts: 664
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Quote:
Originally Posted by David Newman
All he had to do is look at some trend lines since 1980 and make an assumption that things would continue.
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If that was all it would take to forecast his predictions, why hasn't everyone else done the same?
Any time that the Federal Reserve prints Trillions of dollars, and bumps them on the economy, (Stimulus Spending), inflation has to increase, and the value of our money decreases.
As for the rest, I'm surprised that he is so knowledgeable.
Bill
__________________
Osama Bin Laden is in Chicago wearing a hoodie. And General Motors is dying.
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01-19-2012, 08:07 PM
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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 Big_Bill
If that was all it would take to forecast his predictions, why hasn't everyone else done the same?
Any time that the Federal Reserve prints Trillions of dollars, and bumps them on the economy, (Stimulus Spending), inflation has to increase, and the value of our money decreases.
As for the rest, I'm surprised that he is so knowledgeable.
Bill
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I explained why everyone has not done the same. As Chas said, politicians prefer to sell a dream rather than telling the unvarnished truth.
Inflation is still at a very manageable level.
http://inflationdata.com/inflation/i...tinflation.asp
__________________
As long as the roots are not severed, all will be well in the garden.
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01-19-2012, 08:17 PM
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Senior Member
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Join Date: May 2009
Location: Upper Canuckistan
Posts: 2,180
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Paul is the only guy who tells it like it is. The last honest man in Washington?
__________________
There never Was a Good War or a Bad Peace. - Benjamin Franklin.
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01-19-2012, 08:17 PM
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Senior Member
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Join Date: Apr 2011
Posts: 115
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Quote:
Originally Posted by Big_Bill
If that was all it would take to forecast his predictions, why hasn't everyone else done the same?
Any time that the Federal Reserve prints Trillions of dollars, and bumps them on the economy, (Stimulus Spending), inflation has to increase, and the value of our money decreases.
As for the rest, I'm surprised that he is so knowledgeable.
Bill
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Well, that's the rub. Inflation will only occur if that money is based on a commodity. But it's not, it's based on prices and prices won't rise until demand increases.
In the last 10 years, there hasn't been any sort of economic boom occurring that would drive up prices. The primary reason we are seeing any inflation is that China is experiencing significant inflation and cost push inflation is at work in driving up some of the prices on their products over here. The type of inflation to worry about is demand pull inflation and but until we reach full employment, that's not a concern at this point.
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01-19-2012, 08:21 PM
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Senior Member
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Join Date: Apr 2011
Posts: 115
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Quote:
Originally Posted by Bigerik
Paul is the only guy who tells it like it is. The last honest man in Washington?
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This could very well be the case, my concern is that although honesty is an excellent attribute, it doesn't do us much good if his ideas won't help and I feel strongly that his desire to go back to a gold standard would set us back 80 years, in a very bad way. It would also make all of the unjustified concern about spending a reality.
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01-19-2012, 08:31 PM
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Senior Member
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Join Date: Dec 2011
Location: East Coast
Posts: 664
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Quote:
Originally Posted by finnbow
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Yes,
Inflation has been kept low the due to continued printing of dollars by the Federal Reserve Bank. But the affects of this have already driven up the prices of food, gas, utilities, etc.
Due to the continued overspending and borrowing by our Government over say the last 60 years, we are in debt clear up to our eyes.
And yes I know that we have had a balanced budget under Clinton, but we also had a 4 Trillion dollar Debt to pay off...
So if Ron Paul can save our sorry asses ? I don't know, but if we keep up as we have, you better have lots of gold and silver, because the dollar won't be worth the paper that it is printed on.
IN GOD WE TRUST, ALL OTHER MUST PAY IN SILVER OR GOLD !
Bill
__________________
Osama Bin Laden is in Chicago wearing a hoodie. And General Motors is dying.
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01-19-2012, 08:34 PM
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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 Big_Bill
Any time that the Federal Reserve prints Trillions of dollars, and bumps them on the economy, (Stimulus Spending), inflation has to increase, and the value of our money decreases.
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Quote:
Originally Posted by Big_Bill
Inflation has been kept low the due to continued printing of dollars by the Federal Reserve Bank.
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Which is it? These are polar opposite opinions.
__________________
As long as the roots are not severed, all will be well in the garden.
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