Ignore Ron Paul are the new marching orders?

[Arraya]

[quote=aldante]Arraya,
Peter Schiff direction to invest in foreign countries has to do with the weak US dollar not the regime of that nation. At least that is my understanding. I think he says to invest internationally for the same reason that he says to invest in Gold and Silver. Weak US dollar keeps our manufacturing down and our consumption up. To have a stong economy you need jobs.
I do know that RP is a fan of Ludwig Von Mises and Hayak. These theories actually predict what happened in our economy becuase of the central planning of the federal reserve. I think that most people who look at Mises would have to admit it predicts far more reliably then Keynes.[/quote]

Well then, we can conclude that the “anti-state” ideological purity that they glibly proselytize is all bullshit, if that is the case. Because RP has been more than supportive of China’s rise in wealth as well – even with it’s massive state intervention to do so.

[Arraya]

[quote=CA renter][quote=curiousmind][quote=SK in CV] The GSE’s didn’t loosen their standards and get into the subprime market until late in 2006 By that time, the crash had already begun.[/quote]

HAHA![/quote]

SK is right.

The GSEs were actually shrinking their portfolios because of the accounting issues earlier in the decade. It wasn’t until everyone (in the right places) knew that the housing/credit market was going to collapse that the GSEs were told to expand their portfolios, buy up riskier securities, and increase loan limits.

Look it up.[/quote]

So, everybody needs to abandon the myth that the “government” due to misguided socialistic policies created the housing bubble. The government played a supportive role to the private industry in maximizing short-term profits as well as socializing gambling loses. Just like every other country that had a bubble.

[Arraya]

[quote=CA renter][quote=curiousmind][quote=SK in CV] The GSE’s didn’t loosen their standards and get into the subprime market until late in 2006 By that time, the crash had already begun.[/quote]

HAHA![/quote]

SK is right.

The GSEs were actually shrinking their portfolios because of the accounting issues earlier in the decade. It wasn’t until everyone (in the right places) knew that the housing/credit market was going to collapse that the GSEs were told to expand their portfolios, buy up riskier securities, and increase loan limits.

Look it up.[/quote]

So, everybody needs to abandon the myth that the “government” due to misguided socialistic policies created the housing bubble. The government played a supportive role to the private industry in maximizing short-term profits as well as socializing gambling loses. Just like every other country that had a bubble.

[Arraya]

[quote=CA renter][quote=curiousmind][quote=SK in CV] The GSE’s didn’t loosen their standards and get into the subprime market until late in 2006 By that time, the crash had already begun.[/quote]

HAHA![/quote]

SK is right.

The GSEs were actually shrinking their portfolios because of the accounting issues earlier in the decade. It wasn’t until everyone (in the right places) knew that the housing/credit market was going to collapse that the GSEs were told to expand their portfolios, buy up riskier securities, and increase loan limits.

Look it up.[/quote]

So, everybody needs to abandon the myth that the “government” due to misguided socialistic policies created the housing bubble. The government played a supportive role to the private industry in maximizing short-term profits as well as socializing gambling loses. Just like every other country that had a bubble.

[Arraya]

[quote=CA renter][quote=curiousmind][quote=SK in CV] The GSE’s didn’t loosen their standards and get into the subprime market until late in 2006 By that time, the crash had already begun.[/quote]

HAHA![/quote]

SK is right.

The GSEs were actually shrinking their portfolios because of the accounting issues earlier in the decade. It wasn’t until everyone (in the right places) knew that the housing/credit market was going to collapse that the GSEs were told to expand their portfolios, buy up riskier securities, and increase loan limits.

Look it up.[/quote]

So, everybody needs to abandon the myth that the “government” due to misguided socialistic policies created the housing bubble. The government played a supportive role to the private industry in maximizing short-term profits as well as socializing gambling loses. Just like every other country that had a bubble.

[Arraya]

[quote=CA renter][quote=curiousmind][quote=SK in CV] The GSE’s didn’t loosen their standards and get into the subprime market until late in 2006 By that time, the crash had already begun.[/quote]

HAHA![/quote]

SK is right.

The GSEs were actually shrinking their portfolios because of the accounting issues earlier in the decade. It wasn’t until everyone (in the right places) knew that the housing/credit market was going to collapse that the GSEs were told to expand their portfolios, buy up riskier securities, and increase loan limits.

Look it up.[/quote]

So, everybody needs to abandon the myth that the “government” due to misguided socialistic policies created the housing bubble. The government played a supportive role to the private industry in maximizing short-term profits as well as socializing gambling loses. Just like every other country that had a bubble.

[aldante]

Arraya,
Sorry but first and foremost RP believes in soveringty. He does not back China’s stateist methods for any other reason that he thinks we should not intervene in others nations soveringty. That being said he also believes that there are much better ways of dealing with international imbalances then the current GATT and NAFTA treaties. Which some would argue give a country which has very cheap labor an advantage in production. So again I find that anti RP sentiment is driven by a lack of understanding of what the man has said for a very long time. But the press misrepresents.

[aldante]

Arraya,
Sorry but first and foremost RP believes in soveringty. He does not back China’s stateist methods for any other reason that he thinks we should not intervene in others nations soveringty. That being said he also believes that there are much better ways of dealing with international imbalances then the current GATT and NAFTA treaties. Which some would argue give a country which has very cheap labor an advantage in production. So again I find that anti RP sentiment is driven by a lack of understanding of what the man has said for a very long time. But the press misrepresents.

[aldante]

Arraya,
Sorry but first and foremost RP believes in soveringty. He does not back China’s stateist methods for any other reason that he thinks we should not intervene in others nations soveringty. That being said he also believes that there are much better ways of dealing with international imbalances then the current GATT and NAFTA treaties. Which some would argue give a country which has very cheap labor an advantage in production. So again I find that anti RP sentiment is driven by a lack of understanding of what the man has said for a very long time. But the press misrepresents.

[aldante]

Arraya,
Sorry but first and foremost RP believes in soveringty. He does not back China’s stateist methods for any other reason that he thinks we should not intervene in others nations soveringty. That being said he also believes that there are much better ways of dealing with international imbalances then the current GATT and NAFTA treaties. Which some would argue give a country which has very cheap labor an advantage in production. So again I find that anti RP sentiment is driven by a lack of understanding of what the man has said for a very long time. But the press misrepresents.

[aldante]

Arraya,
Sorry but first and foremost RP believes in soveringty. He does not back China’s stateist methods for any other reason that he thinks we should not intervene in others nations soveringty. That being said he also believes that there are much better ways of dealing with international imbalances then the current GATT and NAFTA treaties. Which some would argue give a country which has very cheap labor an advantage in production. So again I find that anti RP sentiment is driven by a lack of understanding of what the man has said for a very long time. But the press misrepresents.

[Arraya]

His track record shows, as well as his financial advisor’s, that they encourages investment in China – a state run economy. Which means he is a hypocrite or delusional

[Arraya]

His track record shows, as well as his financial advisor’s, that they encourages investment in China – a state run economy. Which means he is a hypocrite or delusional

[Arraya]

His track record shows, as well as his financial advisor’s, that they encourages investment in China – a state run economy. Which means he is a hypocrite or delusional

[Arraya]

His track record shows, as well as his financial advisor’s, that they encourages investment in China – a state run economy. Which means he is a hypocrite or delusional

[Author]

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