Great Interview

[markmax33]

[quote=briansd1]Just because the Fed facilitated the bubble doesn’t mean that it should be done away with.

Austrian or Keynesian is an interesting debate, but not as important as the policies that work in the time frame that we need them to work.

Given enough time, it doesn’t matter because things will normalize.

If a patient lead a clean life, doesn’t smoke, drink or over-eat, he’ll be healthier (and arguably would not have enjoyed life as much). But he didn’t, and now he’s sick. Do we intervene at a cost to society and the next generation? Or do we let him die?

The economy is sick. People are suffering. Do we just tell them to eat Baklava?[/quote]

Explain how to fix the economy if people are suffering? I have an explanation how it happened and how to fix it:

1. The federal reserve bailouts were given only to the upper 1% and stole from everybody else by printing money and lowering the currency value for everyone else. How can you support that notion or not think it is important?

2. The federal reserve increases the down periods in the business cycle by bailing out a sector that should have busted. If the sector were allowed to bust, the people would have quit those jobs and been retrained and found new jobs. Now we have the fed and GOV propping bad sectors that should have failed and it is effectively taxing the productivity of the rest of the country. How can you allow a failing sector to tax you and if you do agree to propping up failing sectors, how long should you prop them up?
How do you decide when they should fail before they are retrained? This is why the people don’t have jobs, this is why unemployment is reported at 9% but is really closer to 20%.

[markmax33]

[quote=SK in CV][quote=markmax33] I was also getting attacked by SK and probably lashed out a little bit too hard.
[/quote]
I didn’t attack you. I attacked the lack of logic in your arguments. And the faulty assumptions and evidence used to reach your unsupported assertions. That’s all.[/quote]

You attacked Ron Paul with blatant lies, therefore you attacked me. I can back all my logic for your pesky fact checking questions.

[SK in CV]

[quote=markmax33][quote=SK in CV][quote=markmax33] I was also getting attacked by SK and probably lashed out a little bit too hard.
[/quote]
I didn’t attack you. I attacked the lack of logic in your arguments. And the faulty assumptions and evidence used to reach your unsupported assertions. That’s all.[/quote]

You attacked Ron Paul with blatant lies, therefore you attacked me. I can back all my logic for your pesky fact checking questions.[/quote]

Find a single lie and I’ll leave you alone. (and really…attacking Ron Paul is attacking you? I think you’ve identified way too closely with a candidate.)

[sdduuuude]

[quote=briansd1]Just because the Fed facilitated the bubble doesn’t mean that it should be done away with.[/quote]

Just becuase the fed shouldn’t be done away with because they facilitated the bubble doesn’t mean there aren’t other reasons they should be done away with.

[sdduuuude]

[quote=markmax33]You attacked Ron Paul with blatant lies, therefore you attacked me.[/quote]

O.o

[SK in CV]

[quote=sdduuuude]
Just becuase the fed shouldn’t be done away with because they facilitated the bubble doesn’t mean there aren’t other reasons they should be done away with.[/quote]

If I agree with that, does it mean I agree with Ron Paul? Oh shit!!!

[sdduuuude]

[quote=SK in CV][quote=sdduuuude]
Just becuase the fed shouldn’t be done away with because they facilitated the bubble doesn’t mean there aren’t other reasons they should be done away with.[/quote]

If I agree with that, does it mean I agree with Ron Paul? Oh shit!!![/quote]

Stop attacking me.

[SK in CV]

[quote=sdduuuude]
Stop attacking me.[/quote]

I’m not attacking you. Just the 3rd u in your name. Don’t take everything so personal.

[scaredyclassic]

I just have thiscterrible feeling that Ron Paul is going to let his people down.

[markmax33]

[quote=walterwhite]I just have thiscterrible feeling that Ron Paul is going to let his people down.[/quote]
He’s done the same thing for 40 years and has been the most consistent person in politics in the last 40 years. I’m not sure how you would come to that conclusion. It sounds uninformed.

I have a better theory that walterwhite and SK in CV are the same person as they always seem to chime in right after one another.

[markmax33]

[quote=SK in CV][quote=markmax33][quote=SK in CV][quote=markmax33] I was also getting attacked by SK and probably lashed out a little bit too hard.
[/quote]
I didn’t attack you. I attacked the lack of logic in your arguments. And the faulty assumptions and evidence used to reach your unsupported assertions. That’s all.[/quote]

You attacked Ron Paul with blatant lies, therefore you attacked me. I can back all my logic for your pesky fact checking questions.[/quote]

Find a single lie and I’ll leave you alone. (and really…attacking Ron Paul is attacking you? I think you’ve identified way too closely with a candidate.)[/quote]

“Ron Paul didn’t predict the housing bubble for the right reasons” – SK in CV

That is your lie. Even Rich agreed with the fact the fed and Fannie Mae and Freddie Mac were the enablers of the housing bubble. None of the rest of the crap could have happened without those things. In the end everybody abused it, but you have to root out the CAUSE.

[sdduuuude]

[quote=SK in CV][quote=sdduuuude]
Stop attacking me.[/quote]

I’m not attacking you. Just the 3rd u in your name. Don’t take everything so personal.[/quote]

I hope you know I was kidding.

[SK in CV]

[quote=markmax33]

I have a better theory that walterwhite and SK in CV are the same person as they always seem to chime in right after one another.[/quote]

Wow. I’m really flattered. He’s younger, smarter, and hopefully better looking.

[SK in CV]

[quote=markmax33]”Ron Paul didn’t predict the housing bubble for the right reasons” – SK in CV

That is your lie. Even Rich agreed with the fact the fed and Fannie Mae and Freddie Mac were the enablers of the housing bubble. None of the rest of the crap could have happened without those things. In the end everybody abused it, but you have to root out the CAUSE.[/quote]

There could be differing opinions on that. I don’t recall Rich saying that GSE’s had much to do with it. (I thought he placed primary responsibility with the rating agencies.) If he did blame it on the GSE’s, he’s wrong. And I’m pretty sure tht what I said was that Paul predicted it would be the GSE’s, not the Fed. (They really are different entities. And even moreso when Paul predicted the housing bubble.)

And probably more important, it wouldn’t be a lie if I thought it was the truth, even if I was incorrect. A lie is intentionally telling an untruth. It was intentional. And it was the truth. Ergo, no lie. Keep trying.

[SK in CV]

[quote=sdduuuude]

I hope you know I was kidding.[/quote]

I did 🙂

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