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Member
(08-21-2011, 02:25 AM)
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#501
Originally Posted by Dude Abides:
Originally Posted by Dude Abides:
Originally Posted by Dude Abides:
Also public school lobby's control how many alternative, online, charter and sometimes private schools are allowed in certain regions and areas.
Originally Posted by Dude Abides:
if the public school system had a weighted model, and not the restrictive monopoly system based on zoning we have today, she could send her kids wherever she wanted. She can't however. The public school in her area controls what school her child goes to, and how many private alternatives are allowed in that area. If a private business did what that school district did, what would you call it?
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Originally Posted by Obsessed:
Last edited by remnant; 08-21-2011 at 02:48 AM.
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lacks enthusiasm.
(08-21-2011, 02:49 AM)
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#502
Originally Posted by cagelessrat:
---- On a sidenote, what is it with libertarians and inflation. If you listen to them you'd think any moment now we're going to be crushed under spiraling inflation, when that's not the case at all. |
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Banned
(08-21-2011, 02:59 AM)
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#503
Originally Posted by XMonkey:
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Banned
(08-21-2011, 03:04 AM)
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#504
Originally Posted by Obsessed:
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Member
(08-21-2011, 03:06 AM)
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#505
Originally Posted by Ron Paul:
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lacks enthusiasm.
(08-21-2011, 03:08 AM)
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#506
Originally Posted by Flying_Phoenix:
I'd probably ignore Palin in that list because she won't run, but her supporters aren't going to jump to Paul's camp. I'll say this, I do hope Ron decides to run as a Libertarian for the election once he loses the GOP nomination. It would almost ensure that Obama wins. |
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Member
(08-21-2011, 03:14 AM)
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#507
Originally Posted by XMonkey:
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Banned
(08-21-2011, 03:16 AM)
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#508
Originally Posted by XMonkey:
Typical polling is inaccurate, especially at this point in the race for at least two reasons: 1) most of them only use land-line phones; 2) The vast majority of the people haven't even begun thinking about who they are voting for - all they can see at this point and what most of them will probably ever see is who is getting media coverage. To use traditional polling at this point in the race is completely pointless when you also consider that most people's minds are made-up late in the race after the media has already chosen who the candidates are via giving them the most air-time and creating a cult of personality - exactly what was done with Obama.
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Last edited by Ridleyscott; 08-21-2011 at 03:22 AM.
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Junior Member
(08-21-2011, 03:20 AM)
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#509
Originally Posted by Snaku:
Originally Posted by XMonkey:
Is it Obama's extension/expansion of Bush's foreign policy, the renewal of the Patriot Act, or something else that makes you want him to be reelected? That said, you're right in one aspect...Republican leadership needs to realize that Paul has more supporters than he did in 2007/8...and most of us are not willing to vote for someone else if Paul loses the nomination. It makes no difference to me if Romney, Perry, or Obama is in office. They all have the same philosophy...more government.
Last edited by cagelessrat; 08-21-2011 at 03:31 AM.
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testicles on a cold fall morning
(08-21-2011, 03:29 AM)
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#511
Originally Posted by Ridleyscott:
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Banned
(08-21-2011, 03:41 AM)
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#512
Originally Posted by scorcho:
Look at my link on page 10 of RP calling in detail the housing bubble back in 2001. In 2008 the GOP laughed at Paul when he warned of the credit bubble, which is about to burst now, which is why the debt-ceiling circus.
Last edited by Ridleyscott; 08-21-2011 at 03:45 AM.
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Banned
(08-21-2011, 04:05 AM)
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#513
Originally Posted by XMonkey:
I can't believe that I'm defending Ron Paul... |
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lacks enthusiasm.
(08-21-2011, 05:10 AM)
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#514
Originally Posted by Ridleyscott:
But hey, let's both agree that polls taken now are silly. I'm ok with that. The American electorate has a terrible long term memory. But, I'll also go further and make a friendly bet that Ron Paul's support in these early polls will diminish as the GOP primary gets in full swing and the two heavyweights, Romney and Perry, emerge to lead the pack. We'll see who's right in a year or so. Do you think Ron Paul's economic policies would have a significant effect on lowering the price of gas? It's a finite resource that is declining in supply the longer time goes on. Growing demand from China and India is only going to make it a more scarce resource and we're going to run out of all the cheap ways to refine and extract it sooner, rather than later. Shale oil and the like that's currently causing all the boom in North Dakota is really only profitable when oil is around $100/barrel. All I've read so far is that Paul wants to get rid of the gas tax, which would make our already shitty infrastructure worse.
Originally Posted by cagelessrat:
Not just that, but we have fundamentally different views on government. He wants the bare minimum, I don't. He wants to leave controversial issues like abortion and gay marriage up to the states, I sure as hell don't. I want government-run health care single-payer style. He not only wants the opposite of that, but to phase out Medicare and Social Security. These are the reasons Democrats and progressives don't want to vote for him. For the record, I don't agree with what Obama has done extending much of the same executive powers that Bush implemented. It's probably the one area I'm most disappointed in him, actually. I'm also not very enthusiastic about Obama right now in general (as are quite a lot of progressives), but that doesn't translate into me doing a complete 180 on my philosophy of government because Obama isn't hitting homeruns every time he steps up to the plate. |
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Member
(08-21-2011, 05:36 AM)
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#515
Originally Posted by Ridleyscott:
Am I right or wrong with that line of thinking? |
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Member
(08-21-2011, 05:37 AM)
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#516
Originally Posted by remnant:
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Member
(08-21-2011, 06:19 AM)
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#518
Originally Posted by cagelessrat:
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Member
(08-21-2011, 06:31 AM)
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#519
Originally Posted by Ridleyscott:
The only way any person has lost 50% purchasing power from a rise in the price of gold is if gold is the only thing they ever buy. If you buy what a normal person buys, you have lost 2.7% of your purchasing power since 2008, or 4% since 2009 since things were cheaper in 2009 than in 2008. |
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Member
(08-21-2011, 06:43 AM)
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#520
Originally Posted by Dude Abides:
http://www.npr.org/2011/03/23/134769...harter-schools http://newyork.cbslocal.com/2011/05/...chools-in-nyc/ Yeah not as easy as to just walk into a private school if they are blocked from existing.
Originally Posted by Dude Abides:
A child attends school with a fixed amount of money attached. Child is forced into certain school, and the school allocates that money with the family never seeing it. Child tries to leave, never sees that money again. A weighted student model is different from this. I don't know how much more simple one can make it. Do you need a video or a picture?
Originally Posted by Dude Abides:
Teacher unions, administrators, yes all of them lobby consistently for public schools, many times directly against the people they say they support. They often oppose alternative schools allowed into various districts. So yes the public school monopoly, made up by various teacher unions, adminstartive unions, school boards support the monopoly, because allowing a competitor would force market forces into education, which would force them to compete.
Originally Posted by Dude Abides:
Originally Posted by Dude Abides:
Originally Posted by Dude Abides:
but this is irrelevant. We don't know her feelings on her police dept. We do know her opinions on her shitty public school, and she tried to exercise a basic economic freedom. Due to bad laws pushed by public school lobbies, she isn't allow to send her child to the school she wants. Instead she has to deal with a shitty public school, or send her kids to a private school, which by the way the chances of that being available to her are rather low, and maybe cost prohibitive. It's not like her kids can reclaim the money given to them by the fed.
Originally Posted by Dude Abides:
So in summary, the NEA and public schools lobby and control what schools you can go to. They lobby and control how many alternatives you are allowed to use, basically controlling the barrier of entry. They lobby and control how money owed to you is used, basically becoming price makers. but they aren't a monopoly nor have any monopolistic characteristics. yeah okay. |
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Junior Member
(08-21-2011, 06:45 AM)
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#521
Originally Posted by XMonkey:
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"Saturated fat causes heart disease as much as Brawndo is what plants crave."
(08-21-2011, 06:46 AM)
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#522
Gold is not some godly standard for money's true value. It is heavily distorted by speculation and overvaluation/undervaluation. Right now it's insanely overvalued.
The first sentence above is a fact. Look up a gold index over 50 years that's inflation adjusted. In 1980 gold was priced very high. Maybe even higher than today in real value (converting 1980 dollars to 2011 dollars). We've had a lot of inflation since then, so the idea that gold is some end all metric of money's worth is falsified. Edit, looks like it was higher. $2200 in 2005 dollars in 1980: http://goldprice.org/inflation-adjusted-gold-price.html The 1980s has wicked inflation to the point that bonds beat stocks. So...does this chart not scare the shit out of gold owners? Do you all not expand your price history more than 5 years?
Last edited by teh_pwn; 08-21-2011 at 06:49 AM.
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Member
(08-21-2011, 07:03 AM)
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#523
Originally Posted by Obsessed:
People shouldn't worry about inflation. They should worry about stagflation, and I think that is what most people mean when they talk about market uncertainty and government spending. |
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Member
(08-21-2011, 07:14 AM)
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#525
Originally Posted by remnant:
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Member
(08-21-2011, 08:08 AM)
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#526
Originally Posted by remnant:
By the way, I still want to know which metrics you used to measure healthcare spending per country.
Originally Posted by Ridleyscott:
Last edited by Mgoblue201; 08-21-2011 at 08:17 AM.
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testicles on a cold fall morning
(08-21-2011, 09:29 AM)
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#527
Originally Posted by Ridleyscott:
gas speculation exists. so does gold and silver speculation. arguing otherwise, or how the former can't possibly lead to a higher CPI rate is downright silly. |
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Banned
(08-21-2011, 01:34 PM)
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#528
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Member
(08-21-2011, 01:39 PM)
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#529
Originally Posted by Ridleyscott:
Originally Posted by Ridleyscott:
Last edited by empty vessel; 08-21-2011 at 01:43 PM.
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Banned
(08-21-2011, 01:43 PM)
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#530
Originally Posted by scorcho:
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Banned
(08-21-2011, 01:45 PM)
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#531
Originally Posted by empty vessel:
Gold has been money for thousands of years and is still the only official form of money recognized in the Constitution which was done after the hyperinflation of the Continental Dollar. A Dollar is defined as 300 something grains of silver or gold. Those charts I posted above provide the information necessary to understand why so many Americans are living in poverty - it isn't because there aren't enough taxes on the rich or social programs despite what many on this board would like to believe. We are being fleeced by the International Banking cartels just like every other country has been throughout history.
Last edited by Ridleyscott; 08-21-2011 at 01:51 PM.
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Member
(08-21-2011, 02:05 PM)
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#533
Originally Posted by remnant:
Also, before you parrot your crackpot theories you might want to step into the real world. Newsflash: School boards and teacher Unions aren't on the same side! There isn't some secret bunker where they collude. Most school boards actively try to bust the Unions or to create pathways around them (urban charter schools). |
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Member
(08-21-2011, 02:08 PM)
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#534
I have to say I think Libertarianism is unscientific, naive and dogmatic on it's economic positions, and it utterly fails on its civil liberties end, but I think I'd vote for Ron Paul if the Republicans ran him. I've decided that it would be unconscionable to vote for Obama again. I'd vote for Paul - even though I disagree with much of his position - just because he's not lock-step, seems sincere (and presumably has the record to back it up) and is mostly philosophically consistent. I can see no scenario where I'd vote for a different Republican though. So if the Republicans don't run him, and they likely won't, then I'll be voting 3rd party or not at all.
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Banned
(08-21-2011, 02:44 PM)
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#537
Originally Posted by Ridleyscott:
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Banned
(08-21-2011, 02:59 PM)
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#539
Originally Posted by Mortrialus:
Where you are pulling all this stuff about theocracies and such is beyond me. You obviously don't understand what Ron Paul intends to do or what he is talking about doing - maybe you should spend some time listening to what RP is saying and reading-up on the history which has led to Ron Paul running for President. |
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Member
(08-21-2011, 03:04 PM)
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#540
Originally Posted by remnant:
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http://www.greatschools.org/ohio/akron/private/schools/ If it's cost prohibitive, that's unfortunate, but many things people would like to have are cost-prohibitive.
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testicles on a cold fall morning
(08-21-2011, 03:07 PM)
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#541
Originally Posted by Ridleyscott:
Originally Posted by Ridleyscott:
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Banned
(08-21-2011, 03:16 PM)
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#542
Originally Posted by scorcho:
Austrian/free-market economists still use the original definition of inflation. Keynesians had to nix this concept because all that those policies do is destroy the value of the currency through monetary inflation - so they shifted the focus of inflation over to prices which they could manipulate through the CPI. They effectively need to use media to convince people that nothing is wrong - they hide real economic data so people don't know they are being fleeced.
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Last edited by Ridleyscott; 08-21-2011 at 03:25 PM.
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Member
(08-21-2011, 03:24 PM)
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#543
Originally Posted by Ridleyscott:
Among all the criticisms leveled at the CPI, its use of the geometric mean formula to reflect consumer substitution behavior is undoubtedly the most frequently misunderstood and mischaracterized. Members of the general public are naturally concerned when critics charge that, in using the geometric mean, the BLS is subtracting from the CPI a certain amount of inflation that consumers can “live with” by reducing their standard of living. Some critics have incorrectly claimed, for example, that the BLS assumes that consumers are no worse off when they substitute hamburgers for steak. That is not, however, what the geometric mean does, and such an interpretation is hard to reconcile with the fact that the geometric mean is widely used by statistical agencies around the world. One of two formulas recommended by the International Monetary Fund and approved by the Statistical Office of the European Communities (Eurostat) for use in those countries’ Harmonized Indexes of Consumer Prices (HICP), the geometric mean is used by 20 of 30 countries as a primary formula for computing the elementary indexes in their HICP’s. ... To begin, it must be stated unequivocally that the BLS does not assume that consumers substitute hamburger for steak... Instead, the BLS uses a formula that implicitly assumes a degree of substitution among the close substitutes within an item-area component of the index. As an example, consumers are assumed to respond to price variations among the different items found within the category “apples in Chicago.” Other examples are “ground beef in Chicago,” “beefsteaks in Chicago,” and “eggs in Boston.” There can be no doubt that consumers exhibit shifts in their purchasing patterns toward items that have fallen in relative price... There is also no dispute among economists that the price index formula used in all of the basic CPIs prior to 1999 (called the Laspeyres formula) tends to overstate changes in the cost of living; specifically, the change in a Laspeyres index is an “upper bound” on the change in the cost of maintaining a standard of living. This fundamental result is found throughout books on cost-of-living indexes, as well as in economics textbooks. It long predates the BLS decision to switch to a geometric mean formula for computing most of the basic CPIs. ... The quantitative impact of the CPI’s use of the geometric mean formula also has been grossly overstated by some, with one estimate exceeding 3 percent per year. It is difficult to identify real-world circumstances under which geometric mean and Laspeyres indexes could differ by such a large amount. The two index formulas will give the same answer whenever the prices used in an index all change by the same percentage. The bigger the differences in price changes, the more the Laspeyres index will tend to exceed the geometric mean. For the growth rate of the Laspeyres index to exceed the growth rate of a geometric mean index by 3 percentage points, however, the differences in individual price changes have to be quite large. To see this point, consider another very simplified example. Suppose that the CPI sample for ice cream and related products in Boston consisted only of an equal number of prices for ice cream and frozen yogurt and that, between one year and the next, all the prices of ice cream in Boston rose by 8.6 percent while all the frozen yogurt prices fell by 4.2 percent. In that case, the geometric mean estimate of overall annual price change would be 2.0 percent, only slightly less than the Laspeyres estimate of about 2.2 percent. In order to come up with a difference of 3 index points, one has to assume a much more dramatic divergence between ice cream and frozen yogurt prices than the one hypothesized. For example, if ice cream prices rose 30 percent in one year, while frozen yogurt prices fell by 20 percent, the overall geometric mean index would still rise by 2 percent, but the Laspeyres index would rise 5 percent, for a difference of 3 index points. However, such a large annual divergence would be quite uncommon within CPI basic indexes—between ice cream and yogurt, between types of candy and gum, between types of noncarbonated juices, or between varieties of ground beef. Moreover, for a 3-percentage-point divergence to continue year after year, the divergence between the individual component prices would have to continue to widen. For example, if, by contrast, during the next year ice cream prices increased by the same amount as frozen yogurt prices, then the two index formulas would give the same inflation estimate for that year. Although such a divergence might plausibly occur in one component for 1 year, it is beyond belief that such sharply divergent price behavior would continue year after year across the whole range of CPI item-area components Much more at the link. Furthermore, Larry Ball rebukes the idea that globalization contributes to inflationary pressures: [Larry Ball] reviews theory and evidence on the behavior of U.S. inflation, and concludes that globalization has had little effect on the rate of inflation in the United States. ... Finally, Ball examines the role of falling prices for imported goods. Many policymakers and journalists cite increases in imports of low-cost goods from countries such as China and India. To many observers, it seems obvious that lower prices for imports contribute to lower inflation, since inflation is an average of the economy's price changes. However, this idea rests on a confusion between relative prices and the aggregate price level. As Milton Friedman pointed out long ago, changes in the price level – that is, the inflation rate – depend on monetary factors. Trade with China and India reduces the relative prices of certain goods, which increases U.S. living standards, but there is no obvious effect on inflation. And, as I have said, the signs point to low inflation, such as spare capacity in the economy. EDIT: I'm not entirely sure if you did mean food substitution. If not, then it should at least partly rebuke the idea that the fed is hiding inflation.
Last edited by Mgoblue201; 08-21-2011 at 03:28 PM.
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Member
(08-21-2011, 03:26 PM)
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#544
Originally Posted by Ridleyscott:
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Banned
(08-21-2011, 03:32 PM)
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#545
Originally Posted by Ridleyscott:
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Also, Ron Paul harps on and on about the constitution, and yet he makes downright bullshit claims about how the constitution is "Replete with references to God." Except it isn't. Excluding the phrase "In the year of our lord" which was the standard protocol for writing dates back in that era, the constitution doesn't mention God once. And you will concede that point. If Ron Paul is going to made lubricious claims like that it is clear he hasn't looked at the constitution once.
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Member
(08-21-2011, 03:40 PM)
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#546
Originally Posted by Matthew Gallant:
But more than that: why should I vote for Obama again? It hasn't been much different than voting for a centrist Republican. He also hasn't done anything meaningful to balance the budget. People complain that it's the Republican majority keeping Obama from enacting progressive legislation, but he didn't do it when he did have the majority. So I really can't believe he actually is a progressive . . . |
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"Saturated fat causes heart disease as much as Brawndo is what plants crave."
(08-21-2011, 03:42 PM)
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#547
Originally Posted by Ridleyscott:
I posted a chart showing that gold was priced more than today is 1980 inflation adjusted dollars. Are you saying that we haven't had inflation in the last 31 years, or are you saying that gold is at the mercy of speculated value? This is a binary choice, you can't have it both ways. Actually let's make this more simple. Go between 1980 and 1985: http://goldprice.org/inflation-adjusted-gold-price.html Did the dollar strengthen 500%? Or did a gold speculation bubble burst? I think you're way oversimplying inflation. For example, oil is heavily tied to demand. Just in 2008 prices nearly went down to $1/gallon. Very little of it had to do with the deflation strengthening the dollar by about 20%, most of it had to do with manufacturing across the world ceasing and companies using already produced goods. In 2011 we have way more industry in China and other nations using gas than in 1990, and supply has stopped increasing. Economics 101. We don't need to get into Austrian vs Keynesian for this.
Last edited by teh_pwn; 08-21-2011 at 03:51 PM.
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Member
(08-21-2011, 03:45 PM)
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#548
Originally Posted by genjiZERO:
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Banned
(08-21-2011, 03:50 PM)
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#549
Originally Posted by Mgoblue201:
The signs for inflation are that we have seen at least a 50% devaluation in the dollar. It takes more time to see the effects in things like food/clothes/electronics - inflation is first seen in commodities especially gold/silver/oil. I could post a bunch of articles that argue what you posted and explaining how the Fed hides inflation if you want, but we really only need to use common sense and understand that as money supplies increase, the ratio of goods and services to that money decreases altering the pricing structure in the market. You don't want price inflation, you want it to be zero or slightly deflationary over time so that the value of savings increases. |
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Member
(08-21-2011, 04:03 PM)
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#550
Originally Posted by Dude Abides:
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