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January 7, 2012 at 8:02 AM in reply to: OT: LOL… All you folks that are trying to eat organic from places like Whole Foods…. #735502
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Participant[quote=walterwhite]Our nation is like a man with huge pecs but emaciated buttocks.[/quote]
The bard once wrote that “brevity is the soul of wit”. You sir are a master, your posts never fail to make me laugh.
ParticipantYou guys are talking like gargantuan unpayable debts are a bad thing. Debt is the mighty lever that allows a tiny privileged few to move mountains and to change the course of history. It is the ultimate Silent Weapon for a Quiet War.
Always remember, just because something is bad for you and everyone you know doesn’t mean that it’s bad for everybody.
ParticipantGreat quotes Allan. Here are a couple more of my favorites on the subject, both from men much smarter than myself:
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.”
— Henry Ford
“Permit me to issue and control the money of a nation, and I care not who makes its laws.”
— Mayer Amschel Rothschild
Participant“‘You know, comrades,’ says Stalin, ‘that I think in regard to this: I consider it completely unimportant who in the party will vote, or how; but what is extraordinarily important is this — who will count the votes, and how.'” — From “Memoirs of Stalin’s Former Secretary.”
For those who think it can’t happen here, it already has.
ParticipantAll I know is that I see signs everywhere saying “We Buy Gold” or “Se Compra Oro”. I do not see signs everywhere advertising gold for sale, nor do I see online advertisements on any mainstream websites advertising gold for sale.
I thought gold was in a bubble and sold mine at a loss back around $600/oz or so. I sold again to break even at $1000/oz. Don’t own any today because of my poor track record in the past and it’s too rich for my blood now…
ParticipantHilarious!
Participant[quote=SK in CV]
You know markmax, you’re very right on one part here. They certainly were the first to issue mortgage backed securities. From well before this most recent bubble/bust. And before the bubble/bust of the early 90’s. And before the bubble/bust of around 1980. And before the little bubble/bust of the mid-70’s. Ginnie Mae started issuing mortgage backed securities in 1968. Freddie Mac in 1971. They did it for more than 30 years before this most recent bubble/bust. But Wall Street? They just got involved after November of 1999. Took em a few years to get ramped up, but when they did, all hell broke loose.[/quote]This is where the hardcore libertarian arguments start falling apart. Government actually can do a lot of things really well, so can private industry. It’s when they start getting together, when people start rewriting legislation to suit certain big interests, when people are moving back and forth between government jobs and private jobs, when the prez has these same corporate goons in nearly every office, that things seem to go really haywire. With the bushies it is the oil and defense crowd and with clinton/obama it seems to be these financial clowns.
Again, I don’t know for sure but it definitely seems like repealing Glass-Steagall was the trigger for the whole deal. And again, that was government regulation that had prevented this sort of thing for a long time. Government regulation can sometimes be a good thing.
I will still vote for Paul in the primary even though I don’t agree with him on a lot of things. If he were somehow elected, he wouldn’t be able to turn the country into a libertarian wonderland overnight, there is still a congress and a judiciary he would have to deal with. At least he is getting people to think about the idea of liberty, that you can’t always expect someone to bail you out or take care of you.
ParticipantI would have to agree that the GSEs played only a minor role in the housing bubble. As I recall (and I could be wrong), the biggest causes were the securitization of mortgages into MBSes combined with shady underwriting practices. Why bother caring if someone can pay back the loan when you’re just immediately going to sell it into a bundle of toxic waste that you can then sell to someone else.
Was the repeal of Glass-Steagall behind that change in mortgage financing? I’m not sure but the timing seems right since these silly MBS things appeared immediately after.
Participant[quote=aldante]
Concho,Since you seem to believe its all a waste anyway, I will ask you for your vote for Dr. Paul. Since we are all going down, why not do me this favor?[/quote]
No prob, will do. I was gonna write in Zod but I’ll vote for Paul in the primary, just like I did in 2008. Hopefully Zod will have mercy on me for this transgression and not destroy me with his laser beam eyes or crush me like a walnut in his incredibly strong grip.
Participant[quote=markmax33][quote=CONCHO]Ron Paul, Shmon Paul — General Zod has freaking LASER BEAM EYES. He wouldn’t have had to wuss out and send the military to go kill Osama Bin Laden, he could’ve just flown over there himself and fried the old goon like an egg.
General Zod 2012![/quote]
Ron Paul could beat general Zod while delivering twins and drinking a Dos Equis. He is the most intersting man in the world I would take a bullet for him.[/quote]
Dr. Paul is pretty awesome, I have to agree. Unfortunately the average IQ of the US is just over room temperature. Americans, in general, don’t like fancy talk about economic theory, they want to see government checks in their mailboxes, s*** gettin’ blowed up real good in foreign countries on Fox News, and UFC on ESPN. And most of the 5-10% with triple-digit IQs are simply content to watch Jon Stewart or Bill Maher and giggle while hoping that the government will raise taxes on “the rich” (e.g., everyone who makes or has more money than them.) So I am predicting more of the same in 2012 and beyond.
ParticipantRon Paul, Shmon Paul — General Zod has freaking LASER BEAM EYES. He wouldn’t have had to wuss out and send the military to go kill Osama Bin Laden, he could’ve just flown over there himself and fried the old goon like an egg.
General Zod 2012!
Participant[quote=svelte][quote=aldante][quote=markmax33]
The libertarian position is that the environmental regulation we have is not authorized by the constitution. It is therefore defaulted into state and local governement.[/quote]Well Said![/quote]
Except…that is not their position.
The Libertarian Platform, May 2010:
2.2 EnvironmentWe support a clean and healthy environment and sensible use of our natural resources. Private landowners and conservation groups have a vested interest in maintaining natural resources. Pollution and misuse of resources cause damage to our ecosystem. Governments, unlike private businesses, are unaccountable for such damage done to our environment and have a terrible track record when it comes to environmental protection. Protecting the environment requires a clear definition and enforcement of individual rights in resources like land, water, air, and wildlife. Free markets and property rights stimulate the technological innovations and behavioral changes required to protect our environment and ecosystems. We realize that our planet’s climate is constantly changing, but environmental advocates and social pressure are the most effective means of changing public behavior.
Nowhere does it mention federal vs state or any such distinction. It says that “environmental advocates and social pressure” are the best solution, along with “free markets and property rights”. !!
Markmax, just who do you think you’re foolin’?[/quote]
Wasn’t this a Ron Paul thread? He’s a Republican, not a Libertarian. Anyway, even if he were, the Libertarian position from a federal point of view on most matters would be to defer to state and local governments, allowing them to decide. Of course those state and local governments might be Republican, Democrat, Whig, Communist, or even Libertarian. In a Libertarian area, there might not be any regulations on this sort of thing and the people there would just hope that social and economic pressure would be enough to keep them safe.
All of this political talk is boring and tiring, which is why I’m voting Zod in 2012. Kneel before Zod! In the Zod platform, all decisions are made by Zod. It’s quite simple.
Participant[quote=bearishgurl]
How would deregulation address this or prevent it from happening in many more places all over the U.S.? . . . [/quote]Deregulation won’t. But protection of private property will. If your business dumps poison on my property and causes me damage, I should be able to at a minimum sue you. If you do enough damage your corporate charter should be revoked with all assets liquidated and paid out to the victims and/or for cleanup, and potentially your managers or board members imprisoned. Strong courts, no limits on damages (see the recent documentary “Hot Coffee” for more on this topic), prison terms for offenders, a corporate “death penalty” to dissolve and distribute the capital of egregious offenders, and a good education system (to ensure competent juries) would all help towards this.
No system can totally protect you (including ours), but if you have a system that ensures offenders of property rights are punished, you can at least reduce the number of times things like this occur.
Will we ever see a system that protects the property rights of serfs as well as lords? Ha! Not likely. That’s why I’m voting Zod in 2012. Vassals and lords alike shall feel his wrath in equal measure, he doth not discriminate. Kneel before Zod!
Participant
Kneel before Zod! -
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