Like the illusion of Wall Street, with its vast and powerful investment banks, now shuttered, China too is an illusion perpetuated by the Globalists that gave us the 15,000 mile Caesar salad, poisoned cat food and lead based paint on babies' pacifiers. Like the illusion that money would come from thin air to always push housing prices higher, China has spent a generation pursuing its illusion. Pursuing an unattainable dream to be like the West, while 6000 years of its carefully shepherded top soil blows into the sea.
Joined: Jun 18, 2005 Posts: 3980 Location: In a van down by the river
Posted: Thu Nov 08, 2007 3:47 pm Post subject: Re: Ron Paul is questioning Bernanke
Thanks Bas now I like him more.
I will explain why he appeals to me. The main reason is he is really an independent thinker he is a Republican in name only.
Both parties in the US are completely corrupt and instruments of big business and other special interest.
The US Government was designed to be a confederation of States with a limited federal government. Now the Federal Government is issuing rules that override those of individual states which is concentrating more power into the hands of the few.
Ron Paul thinks for himself the other candidates not so much.
Want to legalize pot? The Fed says fu to the states that try and pulls their highway funding.
Posted: Thu Nov 08, 2007 3:57 pm Post subject: Re: Ron Paul is questioning Bernanke
Bas said:
Quote:
Why is everybody so supportive of Ron Paul here? No offense but I would never consider voting for him considering what I read on him on wikipedia:
The reason so many Americans like Ron Paul is because he is a strict Jeffersonian constitutionualist. He believes in the rule of law. We have seen our Bill of Rights ground into the dirt for seven years by the neo-con lunatics that are presently in power. Paul represents what most people believe America should be, and that is not a weigh station for corporate, bureaucratic dynasty power brokers, pursuant of global domination. Basically most Americans just want their government and nation back!
Joined: Mar 26, 2005 Posts: 3904 Location: over here
Posted: Thu Nov 08, 2007 4:22 pm Post subject: Re: Ron Paul is questioning Bernanke
Eli wrote:
Thanks Bas now I like him more.
I will explain why he appeals to me. The main reason is he is really an independent thinker he is a Republican in name only.
Both parties in the US are completely corrupt and instruments of big business and other special interest.
The US Government was designed to be a confederation of States with a limited federal government. Now the Federal Government is issuing rules that override those of individual states which is concentrating more power into the hands of the few.
Ron Paul thinks for himself the other candidates not so much.
Want to legalize pot? The Fed says fu to the states that try and pulls their highway funding.
Well ok, I have mixed feelings about him then, and I don't know exactly how much weight he gives to his different viewpoints. I like his independence, and his opposition to the war on drugs, and also the patriot act. A good dose of constitutionalism is also a plus. But then the international isolationism extreme stance scares me a bit (does he put a lot of weight in that one?) and the pro-life stance bothers me. Abolishing most federal institutions also strikes me as an extreme position. Other things I only see as marginally positive/negative.
So yes, maybe he is a good candidate, and maybe I was too focussed on some of the things that I regard as negative at first and too quick to judge. He has sparked my interest now though; I don't think we've heard anything about him so far in this country; I think I'll read some more about him...
Joined: Jun 18, 2004 Posts: 806 Location: Western North Carolina
Posted: Thu Nov 08, 2007 4:31 pm Post subject: Re: Ron Paul is questioning Bernanke
What a smackdown! Bernanke could only snicker at the end.
The problem is that most of my countrymen have no idea what Paul is talking about. That's not something we learn in school. Its something that takes a lot of reading and independent research to understand, and most Americans are so busy living that they don't have time to read, or so I've been told by many an intelligent/educated person.
I made time.
The Republicans I know on another message board think Paul is a "nut case", "loon" or "nut-job". I doubt most of them have the ability to understand what he was talking about in the posted clip.
I did and it rings true with much of what I've learned here and elsewhere on the web regarding fiat currencies, inflation, and fudged government statistics. Paul called the CPI as the BS which it truly is.
And I noticed that Bernanke didn't even respond to the M-3 comment.
Joined: Dec 09, 2004 Posts: 493 Location: Around somewhere
Posted: Thu Nov 08, 2007 4:34 pm Post subject: Re: Ron Paul is questioning Bernanke
Bas wrote:
Why is everybody so supportive of Ron Paul here? No offense but I would never consider voting for him considering what I read on him on wikipedia:
Quote:
Paul has been called conservative, Constitutionalist, and libertarian.[2] He advocates non-interventionist foreign policy, having voted against the Iraq War Resolution, but in favor of force against terrorists in Afghanistan. He favors withdrawal from the North Atlantic Treaty Organization (NATO) and the United Nations; supports free trade, rejecting NAFTA as "managed trade"; and opposes amnesty and birthright citizenship for illegal aliens. Having pledged never to raise taxes, he has long advocated ending the federal income tax and reducing government spending by abolishing most federal agencies; he favors hard money and opposes the Federal Reserve. He also opposes the Patriot Act, the federal War on Drugs, and gun control. Paul is strongly pro-life, advocates the overturn of Roe v. Wade, and affirms states' rights to determine the legality of abortion.
I agree with how he voted on Iraq and Afghanistan, but that's about it. Ofcourse I'm not American, so you can consider this the humble opinion of a foreigner, thank you.
You are correct sir. He is a real old world republican. If he is elected it will be painful if he get his way. He would fix a lot of problems though. No worries, he won't get elected. Mercans aint ready quite yet.
Posted: Thu Nov 08, 2007 5:31 pm Post subject: Re: Ron Paul is questioning Bernanke
shortonoil wrote:
Bas said:
Quote:
Why is everybody so supportive of Ron Paul here? No offense but I would never consider voting for him considering what I read on him on wikipedia:
The reason so many Americans like Ron Paul is because he is a strict Jeffersonian constitutionualist. He believes in the rule of law. We have seen our Bill of Rights ground into the dirt for seven years by the neo-con lunatics that are presently in power. Paul represents what most people believe America should be, and that is not a weigh station for corporate, bureaucratic dynasty power brokers, pursuant of global domination. Basically most Americans just want their government and nation back!
threadbear said:
Quote:
If not, he could possibly unleash Hell.
Sorry you missed it, it is already on its way!
How are right wing libertarians anything but corporation's best friends? If you further dilute the power of the nation state and return to a constitutional republic, (very desirable on the one hand), are you not also dispensing with a body of federal law that can control corporate excess and limit run away corporate power? This, by the way, is where libertarian left (me ) and libertarians from the right, part company.
Posted: Thu Nov 08, 2007 6:32 pm Post subject: Re: Ron Paul is questioning Bernanke
I would like to see the energy and some of the principles of Ron Paul applied in a collaborative sort of way that gave him a remote but plausible chance of success and implementation. My opinion of what I am seeing is the scoring easy points that cost one the game, but make for a colorful showing as a player.
The central bank was set up as independent to shield it from being contaminated with politics to the point where the financial system was as gamed, jaded, and arbitrary, and especially as devoid of long term stability, as the congress.
Now that it is obviously compromised, having a representative of the central bank and another from the governmental body that empowered it to begin with, trading blows, is sort of like watching the pot and the kettle discuss what shade of gray each other are.
At one time tradition defined both as being dark black.
I think I would rather watch the Tooth Fairy and the Easter Bunny
locked in debate, at least one really does give away cash money, and the other really does produce joyful people and things that are safe to personally ingest.
"Until morale improves, the beatings shall continue."
Posted: Thu Nov 08, 2007 6:51 pm Post subject: Re: Ron Paul is questioning Bernanke
Quote:
If you further dilute the power of the nation state and return to a constitutional republic, (very desirable on the one hand), are you not also dispensing with a body of federal law that can control corporate excess and limit run away corporate power?
I'm not much of a lawyer, but perhaps someone on here can answer this question: if the federal government does massively decrease, like Paul, and many want, would the state governments have the ability to reign in corporate excess and power?
Let's not also forget the massive amount of aid that many major corporations receive from Dems and Repubs in the form of tax breaks. Hell, the Energy Bill from a few years ago gave oil companies tax breaks for drilling and the incentives for wind, solar, etc. went mainly to oil companies. The government's bailed out our automotive industry and could likely do the same again, although many not completely. The government's massive military keeps the MIC running larger and with more power than ever. We have Presidential candidates promising to use their weapons to kill people and to torture more people. And we're supposed to be scared of libertarian Paul?! _________________ I want to put out the fires of Hell, and burn down the rewards of Paradise. They block the way to God. I do not want to worship from fear of punishment or for the promise of reward, but simply for the love of God. - Rabia
Posted: Thu Nov 08, 2007 7:02 pm Post subject: Re: Ron Paul is questioning Bernanke
threadbear wrote:
shortonoil wrote:
Bas said:
Quote:
Why is everybody so supportive of Ron Paul here? No offense but I would never consider voting for him considering what I read on him on wikipedia:
The reason so many Americans like Ron Paul is because he is a strict Jeffersonian constitutionualist. He believes in the rule of law. We have seen our Bill of Rights ground into the dirt for seven years by the neo-con lunatics that are presently in power. Paul represents what most people believe America should be, and that is not a weigh station for corporate, bureaucratic dynasty power brokers, pursuant of global domination. Basically most Americans just want their government and nation back!
threadbear said:
Quote:
If not, he could possibly unleash Hell.
Sorry you missed it, it is already on its way!
How are right wing libertarians anything but corporation's best friends? If you further dilute the power of the nation state and return to a constitutional republic, (very desirable on the one hand), are you not also dispensing with a body of federal law that can control corporate excess and limit run away corporate power? This, by the way, is where libertarian left (me ) and libertarians from the right, part company.
Here's a clever little article from, perhaps, my favorite iconoclast (he brings out the John Zerzan in me better than does John himself), which more than less sums up what I think of libertarians in general:
Quote:
...A libertarian is just a Republican who takes drugs. I’d have preferred a more controversial topic like “The Myth of the Penile Orgasm.” But since my attendance here is subsidized by the esteemed distributor of a veritable reference library on mayhem and dirty tricks, I can’t just take the conch and go rogue. I will indeed mutilate the sacred cow which is libertarianism, as ordered, but I’ll administer a few hard lefts to the right in my own way. And I don’t mean the easy way. I could just point to the laissez-faire Trilateralism of the Libertarian Party, then leave and go look for a party. It doesn’t take long to say that if you fight fire with fire, you’ll get burned....
Posted: Thu Nov 08, 2007 7:19 pm Post subject: Re: Ron Paul is questioning Bernanke
Excellent video :D
Bas wrote:
Why is everybody so supportive of Ron Paul here? No offense but I would never consider voting for him considering what I read on him on wikipedia:
..
I agree with how he voted on Iraq and Afghanistan, but that's about it. Ofcourse I'm not American, so you can consider this the humble opinion of a foreigner, thank you.
im foreigner too but i like most of this. But withrawal from Nato and especially UN is rather over the top imo. Reversing Roe v. Wade is also not the most practical thing to do right now (overpopulation). And even if he will be able to cut spending, taxes could hardly be lowered for some time because of the enormous debt.
Posted: Thu Nov 08, 2007 7:28 pm Post subject: Re: Ron Paul is questioning Bernanke
threadbear said:
Quote:
How are right wing libertarians anything but corporation's best friends? If you further dilute the power of the nation state and return to a constitutional republic, (very desirable on the one hand), are you not also dispensing with a body of federal law that can control corporate excess and limit run away corporate power? This, by the way, is where libertarian left (me Smile ) and libertarians from the right, part company.
Thomas Jefferson pursued this very problem for a large part of this later life. He did not believe that corporations show be given the same rights as an individual, nor did he believe that banks should be able to form across state lines. With Citigroup one step out of bankruptcy (that is, it creditors will fill against it eventually) his foresight into the problems with large, uncontrolled corporations was superb.
Quote:
Barry Ritholtz: "According to Dick Bove of Punk Ziegel, the five largest U.S. brokers and banks -- Citigroup, J.P. Morgan Chase and Bank of America -- have $4.1 trillion of these Level 2 assets on their balance sheets.That's almost 10 times their shareholder equity."
(These Level 2 assets are probably worth less than 90% of their stated book value and; when you have no equity, you have no business!)
Posted: Thu Nov 08, 2007 7:50 pm Post subject: Re: Ron Paul is questioning Bernanke
xarkz said:
Quote:
Reversing Roe v. Wade is also not the most practical thing to do right now (overpopulation).
I don’t think that Paul is anti-abortion, he doesn’t appear to bring his personal morals into his politics. I think he is stating that abortion is a states rights issue, not a federal one.
Paul also believes (like J.F.K. did, when he issued executive order 1110) that the job of the country’s central bank shouldn’t be outsourced to a private corporation. It is hard to disagree with J.F.K. on this issue. Why the country is paying a private bank with a charter, $100 of billions to handle currency, is beyond me. Reading the Constitution indicates that the founding fathers had intended the Treasury Dept. to do the job.
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