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August 16, 2011 at 3:31 PM #721315August 16, 2011 at 3:42 PM #720124briansd1Guest
[quote=Nor-LA-SD-GUY2]
But while I am sure china deserves to be paid back the full value of every penny we borrowed (NOT!!) I think the gold standard would be a disaster at this point.[/quote]I fail to see how the Tea Party is populist when they advocate guaranteeing that bondholders get paid while they cut pensions and benefits for ordinary citizens.
China and other holders of treasuries will be paid back for sure. But pensioners can take a haircut.
During the Debt Ceiling debate there was something weird about listening to Tea Party adherents say that Congress should pass legislation to allocate funds to bondholders first.
August 16, 2011 at 3:42 PM #720215briansd1Guest[quote=Nor-LA-SD-GUY2]
But while I am sure china deserves to be paid back the full value of every penny we borrowed (NOT!!) I think the gold standard would be a disaster at this point.[/quote]I fail to see how the Tea Party is populist when they advocate guaranteeing that bondholders get paid while they cut pensions and benefits for ordinary citizens.
China and other holders of treasuries will be paid back for sure. But pensioners can take a haircut.
During the Debt Ceiling debate there was something weird about listening to Tea Party adherents say that Congress should pass legislation to allocate funds to bondholders first.
August 16, 2011 at 3:42 PM #720815briansd1Guest[quote=Nor-LA-SD-GUY2]
But while I am sure china deserves to be paid back the full value of every penny we borrowed (NOT!!) I think the gold standard would be a disaster at this point.[/quote]I fail to see how the Tea Party is populist when they advocate guaranteeing that bondholders get paid while they cut pensions and benefits for ordinary citizens.
China and other holders of treasuries will be paid back for sure. But pensioners can take a haircut.
During the Debt Ceiling debate there was something weird about listening to Tea Party adherents say that Congress should pass legislation to allocate funds to bondholders first.
August 16, 2011 at 3:42 PM #720972briansd1Guest[quote=Nor-LA-SD-GUY2]
But while I am sure china deserves to be paid back the full value of every penny we borrowed (NOT!!) I think the gold standard would be a disaster at this point.[/quote]I fail to see how the Tea Party is populist when they advocate guaranteeing that bondholders get paid while they cut pensions and benefits for ordinary citizens.
China and other holders of treasuries will be paid back for sure. But pensioners can take a haircut.
During the Debt Ceiling debate there was something weird about listening to Tea Party adherents say that Congress should pass legislation to allocate funds to bondholders first.
August 16, 2011 at 3:42 PM #721335briansd1Guest[quote=Nor-LA-SD-GUY2]
But while I am sure china deserves to be paid back the full value of every penny we borrowed (NOT!!) I think the gold standard would be a disaster at this point.[/quote]I fail to see how the Tea Party is populist when they advocate guaranteeing that bondholders get paid while they cut pensions and benefits for ordinary citizens.
China and other holders of treasuries will be paid back for sure. But pensioners can take a haircut.
During the Debt Ceiling debate there was something weird about listening to Tea Party adherents say that Congress should pass legislation to allocate funds to bondholders first.
August 16, 2011 at 4:25 PM #720129ArrayaParticipant[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
[/quote]I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
August 16, 2011 at 4:25 PM #720220ArrayaParticipant[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
[/quote]I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
August 16, 2011 at 4:25 PM #720820ArrayaParticipant[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
[/quote]I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
August 16, 2011 at 4:25 PM #720977ArrayaParticipant[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
[/quote]I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
August 16, 2011 at 4:25 PM #721340ArrayaParticipant[quote=Nor-LA-SD-GUY2]I think the gold standard would be a disaster at this point.
Also while the fed did disastrous things in not preventing the recent housing bubble (I still say they knew exactly what they were and are doing and really it’s their marching orders) although I am not quite sure why or what they are attempting to do.
[/quote]I agree with this. The housing bubble was a pump and dump and scape goat to shield the fact that the US was gutted over the last 3 decades. A housing bubble, where everybody took place, gets the fingers pointing everywhere, and will be the blame for the destruction of the middle class, rather than 3 decades of policy. It was a very smooth move. It will also serve as a nice mechanism for wealth concentration, for those at the top, when all is said and done.
August 16, 2011 at 4:30 PM #720134SK in CVParticipant[quote=aldante]Almost nothing has made me start to believe that the media is controlled by the military industrial complex then almost all “serious” media outlets ignoring who came in second at Ames….and who is continually at the top of most polls. Ron Paul
At least Jon Stewart relieves my frustration with some humor. But one has to ask why is the mainstream media unanimously ignoring RP?
http://www.infowars.com/jon-stewart-on-the-media-ignoring-ron-aul/%5B/quote%5D
Ummm…which polls is he continually at the top of? I haven’t seen any. There are a handful of things I agree with him on. But on a whole lot of others, the dude is as wacked as Bachmann or Palin or Perry. (Gold standard? really???, almost as stupid as the trading chickens for medical services standard.)
August 16, 2011 at 4:30 PM #720225SK in CVParticipant[quote=aldante]Almost nothing has made me start to believe that the media is controlled by the military industrial complex then almost all “serious” media outlets ignoring who came in second at Ames….and who is continually at the top of most polls. Ron Paul
At least Jon Stewart relieves my frustration with some humor. But one has to ask why is the mainstream media unanimously ignoring RP?
http://www.infowars.com/jon-stewart-on-the-media-ignoring-ron-aul/%5B/quote%5D
Ummm…which polls is he continually at the top of? I haven’t seen any. There are a handful of things I agree with him on. But on a whole lot of others, the dude is as wacked as Bachmann or Palin or Perry. (Gold standard? really???, almost as stupid as the trading chickens for medical services standard.)
August 16, 2011 at 4:30 PM #720825SK in CVParticipant[quote=aldante]Almost nothing has made me start to believe that the media is controlled by the military industrial complex then almost all “serious” media outlets ignoring who came in second at Ames….and who is continually at the top of most polls. Ron Paul
At least Jon Stewart relieves my frustration with some humor. But one has to ask why is the mainstream media unanimously ignoring RP?
http://www.infowars.com/jon-stewart-on-the-media-ignoring-ron-aul/%5B/quote%5D
Ummm…which polls is he continually at the top of? I haven’t seen any. There are a handful of things I agree with him on. But on a whole lot of others, the dude is as wacked as Bachmann or Palin or Perry. (Gold standard? really???, almost as stupid as the trading chickens for medical services standard.)
August 16, 2011 at 4:30 PM #720982SK in CVParticipant[quote=aldante]Almost nothing has made me start to believe that the media is controlled by the military industrial complex then almost all “serious” media outlets ignoring who came in second at Ames….and who is continually at the top of most polls. Ron Paul
At least Jon Stewart relieves my frustration with some humor. But one has to ask why is the mainstream media unanimously ignoring RP?
http://www.infowars.com/jon-stewart-on-the-media-ignoring-ron-aul/%5B/quote%5D
Ummm…which polls is he continually at the top of? I haven’t seen any. There are a handful of things I agree with him on. But on a whole lot of others, the dude is as wacked as Bachmann or Palin or Perry. (Gold standard? really???, almost as stupid as the trading chickens for medical services standard.)
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