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01-11-2017, 04:42 AM
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#16
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Registered User
Join Date: Jan 2015
Posts: 1,955
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Quote:
Originally Posted by johnhannibalsmith
...gonna wang dang doodle, all night long.
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Channeling Ted?
[YT=""]ZTVDHnwlz5k[/YT]
Last edited by Parkview_Pirate; 01-11-2017 at 04:48 AM.
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01-11-2017, 10:13 AM
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#17
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Registered User
Join Date: Mar 2005
Location: Queens, NY
Posts: 20,604
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Quote:
Originally Posted by mostpost
Wack-a-doodle liberals are... the only thing standing between us and an Oligarchy of the ultra rich.
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You are way off on this one.
It was the left that wanted to eliminate gold as the anchor of our money and allow the Fed to print unlimited fiat to fund the welfare state. That in turn lead to the corrupt alliance between the warfare state, welfare state, and Wall St. which lead to a massive transfer of wealth from the poor and middle class to rich and powerful.
If conservatives had their way and we actually had sound money, none of the major economic problems we have now would exist because government could not borrow cheaply and irresponsibly to fund war or promises it cannot keep and Wall St firms could not promote extreme bubbles and then get bailed out.
__________________
"Unlearning is the highest form of learning"
Last edited by classhandicapper; 01-11-2017 at 10:17 AM.
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01-11-2017, 12:29 PM
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#18
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Registered User
Join Date: Jan 2015
Posts: 1,955
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Quote:
Originally Posted by classhandicapper
You are way off on this one.
It was the left that wanted to eliminate gold as the anchor of our money and allow the Fed to print unlimited fiat to fund the welfare state. That in turn lead to the corrupt alliance between the warfare state, welfare state, and Wall St. which lead to a massive transfer of wealth from the poor and middle class to rich and powerful.
If conservatives had their way and we actually had sound money, none of the major economic problems we have now would exist because government could not borrow cheaply and irresponsibly to fund war or promises it cannot keep and Wall St firms could not promote extreme bubbles and then get bailed out.
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You shouldn't confuse Mostie with the facts - his posts can all be swapped out with links to pro-DNC websites. And he has the audacity to claim he's not a paid troll....
Whack-a-doodle liberals....will be leading the charge into the soylent green grinders.
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01-11-2017, 12:46 PM
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#19
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Registered User
Join Date: Apr 2015
Location: Denver
Posts: 4,163
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Quote:
Originally Posted by MONEY
When women received the right to vote in 1920, both houses of Congress were dominated by Republicans.
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Of course those were Teddy Roosevelt style Republicans, not Teddy Cruz style.
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01-11-2017, 02:10 PM
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#20
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,810
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Quote:
Originally Posted by johnhannibalsmith
...gonna wang dang doodle, all night long.
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[YT="Wang that dang doodle"]i3knsW3paQg[/YT]
__________________
Who does the Racing Form Detective like in this one?
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01-11-2017, 02:42 PM
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#21
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Registered User
Join Date: Sep 2007
Location: Tennessee
Posts: 10,588
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Quote:
Originally Posted by mostpost
Wack-a-doodle liberals are... the reason women can vote.
Hey, this is fun.
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Wasn't the "women's right to vote" passed in 1919?? Republicans controlled BOTH houses, in 1919. While you did have a Democrat in the White House, he did not WRITE the bill, he only signed off on it.
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01-11-2017, 02:44 PM
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#22
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Registered User
Join Date: Sep 2007
Location: Tennessee
Posts: 10,588
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Quote:
Originally Posted by mostpost
Wack-a-doodle liberals are... still possessed of way more common sense and intelligence than any conservative.
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Strictly YOUR opinion, and you are certainly no proof of the fact.
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01-11-2017, 03:18 PM
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#23
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,096
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Quote:
Originally Posted by classhandicapper
You are way off on this one.
It was the left that wanted to eliminate gold as the anchor of our money and allow the Fed to print unlimited fiat to fund the welfare state. That in turn lead to the corrupt alliance between the warfare state, welfare state, and Wall St. which lead to a massive transfer of wealth from the poor and middle class to rich and powerful.
If conservatives had their way and we actually had sound money, none of the major economic problems we have now would exist because government could not borrow cheaply and irresponsibly to fund war or promises it cannot keep and Wall St firms could not promote extreme bubbles and then get bailed out.
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The reason for the ever increasing discrepancy between the ultra rich and everyone else has nothing to do with the Gold Standard. It has to do with the decreasing power of unions and the lax enforcement of anti trust laws. All of which are policies espoused by conservatives.
As for the Gold Standard, there were many valid reasons to come off the Gold Standard. I think this article expresses them much better than I can.
http://mentalfloss.com/article/12715...-gold-standard
According to the article, the downsides to a return to the Gold Standard are:
A fixed link between the dollar and gold would make the Fed powerless to fight recessions or put the brakes on an overheating economy.
In other word, it limits flexibility.
Greece is a good example of how a fixed currency hurts countries.
“If you like the euro and how it’s been working, you should love the gold standard,” said economist Barry Eichengreen. Beleaguered Greece, for instance, cannot print more money or lower its interest rates because it’s a member of a fixed-currency union, the euro zone. A gold standard would put the Fed in a similar predicament.
Gold supplies are also unreliable: If miners went on strike or new gold discoveries suddenly stalled, economic growth could grind to a halt. If the output of goods and services grew faster than gold supplies, the Fed couldn’t put more money into circulation to keep up, driving down wages and stifling investment.
Just to back the dollars now in circulation and on deposit—about $2.7 trillion—with the approximately 261 million ounces of gold held by the U.S. government, gold prices would have to rise as high as $10,000 an ounce, up from about $1,780, causing huge inflation.
It seems like you might be the only person who wants to return to the Gold Standard.
From the same article:
In a University of Chicago poll this year, not one of 40 top economists surveyed supported a return to gold. The last gold standard commission, established by President Ronald Reagan, voted by a wide margin against bringing it back.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-11-2017, 03:49 PM
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#24
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,096
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Quote:
Originally Posted by MONEY
When women received the right to vote in 1920, both houses of Congress were dominated by Republicans.
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It is true that more Republicans than Democrats supported woman's suffrage at that time, but we are not talking about Democrats and Republicans. We are talking about Liberals and Conservatives and many of those Democrats were conservative southerners.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-11-2017, 04:07 PM
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#25
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,096
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Quote:
Originally Posted by dartman51
Wasn't the "women's right to vote" passed in 1919?? Republicans controlled BOTH houses, in 1919. While you did have a Democrat in the White House, he did not WRITE the bill, he only signed off on it.
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Come back when you learn how the ratification process works. Congress proposes the amendment. The States ratify it. Or not. The President has no role in the process.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-11-2017, 04:51 PM
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#26
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Registered User
Join Date: Nov 2009
Location: donkeys ride from ASD
Posts: 13,002
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Hey mostpost a rock is missing you.
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01-11-2017, 06:53 PM
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#27
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Registered User
Join Date: Feb 2016
Posts: 1,450
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lotsa nice action after properly identifying the liberals for what they are.
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01-11-2017, 08:24 PM
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#28
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Registered User
Join Date: Jan 2011
Posts: 2,357
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Wack-a-doodle liberals are.... the reason we have a minimum wage. At one time trump said $7.25 was too high.
__________________
There are more things in Heaven and Earth Horatio, than are dreamed of in your philosophy.
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01-11-2017, 08:57 PM
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#29
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Registered User
Join Date: Oct 2007
Location: North Riverside, Il.
Posts: 16,096
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Quote:
Originally Posted by Jess Hawsen Arown
lotsa nice action after properly identifying the liberals for what they are.
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Posts # 7,8,9,10,11,12,13 and 28 certainly did a nice job of that.
__________________
"When you come at the King, You'd best not miss." Omar Little
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01-11-2017, 11:01 PM
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#30
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Registered User
Join Date: May 2014
Location: st louis
Posts: 2,980
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Quote:
Originally Posted by mostpost
T he reason for the ever increasing discrepancy between the ultra rich and everyone else has nothing to do with the Gold Standard. It has to do with the decreasing power of unions and the lax enforcement of anti trust laws. All of which are policies espoused by conservatives.
As for the Gold Standard, there were many valid reasons to come off the Gold Standard. I think this article expresses them much better than I can.
http://mentalfloss.com/article/12715...-gold-standard
According to the article, the downsides to a return to the Gold Standard are:
A fixed link between the dollar and gold would make the Fed powerless to fight recessions or put the brakes on an overheating economy.
In other word, it limits flexibility.
Greece is a good example of how a fixed currency hurts countries.
“If you like the euro and how it’s been working, you should love the gold standard,” said economist Barry Eichengreen. Beleaguered Greece, for instance, cannot print more money or lower its interest rates because it’s a member of a fixed-currency union, the euro zone. A gold standard would put the Fed in a similar predicament.
Gold supplies are also unreliable: If miners went on strike or new gold discoveries suddenly stalled, economic growth could grind to a halt. If the output of goods and services grew faster than gold supplies, the Fed couldn’t put more money into circulation to keep up, driving down wages and stifling investment.
Just to back the dollars now in circulation and on deposit—about $2.7 trillion—with the approximately 261 million ounces of gold held by the U.S. government, gold prices would have to rise as high as $10,000 an ounce, up from about $1,780, causing huge inflation.
It seems like you might be the only person who wants to return to the Gold Standard.
From the same article:
In a University of Chicago poll this year, not one of 40 top economists surveyed supported a return to gold. The last gold standard commission, established by President Ronald Reagan, voted by a wide margin against bringing it back.
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Obama could have rectified that by raising the top tax rate to 70 percent when he had complete control of Congress. There would not be the ultra rich that you so despise if Obama would have taken all their money years ago.
__________________
You will never achieve 100% if 99% is okay!
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