Mixmaster needs to watch the video posted on page 65, post #2255.
It has everything to do with borrowing. Debt, the interest on debt, & deficits play a huge role whether on the personal consumer level, business corporation level, or government level. Although, as a fan of Krugman and his spot on economic analysis over the last 10 years (sarcasm), I understand why your focus is on spending with little regard to where the money comes from.
Mixmaster needs to watch the video posted on page 65, post #2255.
Regardless we can print money (at risk to our own currency) and your household cannot.
I fail to see why people keep falling back on treating the government like a personal checkbook. Not even business do this. GM doesn't rely on only cash reserves to fund new development, business take loans on the promise to pay that back with interest to lenders.
now more than ever, and will continue to be crony capitalism and long as the federal
government exists. The way to mitigate this is to greatly reduce the size and scope
of the federal government. Less money = less power = less corruption.
FYI - many companies rely on cash reserves to fund new development. Those that do
tend to have the strongest balance sheets and survive recessions better than those
who rely on loans.
BTW - Printing more money is a joke. Give X dollars with Y value, printing another X dollars does
NOT GIVE 2Y in value. It is a trick the Feds play that give the illusion of liquidity.
The purpose of the household example is to show THE BEST WAY that nations get
themselves out of a recession, proven time and time again. You can talk about
the additional flexibility the Feds have all you want, but that would be in the weeds
and missing the more important point that Keynes does not work.
Government subsidies and Fed backed gaurantees artificially reduce risk, resulting in malinvestment. If you know you have a seemingly unlimited & gauranteed line of credit (personal checkbook example) you will make drasctically different decisions related to spending and investing then if it was your own personal savings you were working with and the element of risk was present. This same premise applies to business & government in the macroeconomic sense.
With the government gaurantees of Fannie and Freddie & their gauranteed LOC from the Fed Reserve reducing the risk of mortgage lending, many lenders went nuts with speculation and overleveraging & relaxing lending standards. Why did these lenders do this? Risk...or lack of perceived risk. Who was responsible for removing or lessening the perception of risk?
Risk impacts the decisions of every level, personal/business/government. The artificial reduction of risk leads to the malinvestment. This is the same whether personal/business/government.
The ability to print money is no different than the ability to have a gauranteed line of credit (credit card w/ no limit). The Fed acts as a gauranteed credit card for the government, ready and willing to buy any debt necessary to finance the deficit. The fed here is equivalent to let's say Chase and the ability to buy the US debt at interest is equivalent to an individual borrowing money from their line of credit at Chase w/ interest. The ability to repay this borrowed money comes from working (in the personal checkbook case) or taxing (in the government's case).
The ability to print the money will ultimately be our downfall. There is no restraint on how big the bond bubble & currency bubble will become. If the printing press was all we needed for prosperity, why is anyone working in this country? Why can't we all just have little printing presses and print our money up whenever we need more?
We have enjoyed the status of having the reserve currency for many decades and to believe that we will hold this ability in the face of our current fiscal and monetary policies indefinitely is shortsighted. When we lose this honor bestowed on the US dollar, the full impact of our economic policies over the last 100 years will show themselves and the liquidation of debt and the malinvestment will be forced upon the marketplace with much more impact than if this problem was tackled now.
Is your only argument for differentiating government level economic laws and personal economic laws the printing press?
Get a nationalized education and healthcare system setup then cut away at other expenses as you see fit. Protect peole first so come better or worse at least we have our health and a mean to change our skills if the demand arrises.
Making a video on facebook doesn't countOh, if you only sitting on my computer was all I did. I'm a lot more involved than you think
I understand that these things sound good in theory and they may appear to work for a short time, but the long term effects are economically damaging.
Your basing your entire political stance that government = always corrupt/always wastful. And because of this we must eliminate government as much as possible.
Did you even stop to consider what happens next? - I'll tell you. Corruption and waste just move down a level. States. Counties. Town. Households. There is not "government" that is corrupt there are people working within a government that bring corruption and waste.
Months of “not quite public” Obama Administration efforts to negotiate a still-secret pact to ensure that US troops will continue to occupy Afghanistan through at least 2024 came to an end today, with a “not quite public” visit to Afghanistan by President Obama to sign the pact.
The first reports that President Obama had landed in Afghanistan for this A totally unannounced visit were quickly followed by denials from both the White House and the US Embassy in Afghanistan, which condemned the reports as untrue. Later they conceded they were true, and made no attempt to explain why they lied in the first place.
The terms of the deal, which will govern US military operations in the country from the start of 2015 through the end of 2024, have not been made public, and as with President Bush and the Status of Forces Agreement (SOFA) in Iraq, there was no effort to consult on the long-term pact with Congress.
Interestingly, with the ink now drying on the document and the US officially committed to the occupation of Afghanistan for another decade, officials are continuing to tout 2014 as the “end” of the war. This speaks to how the 2024 date, though openly discussed by the Karzai government in Afghanistan and privately acknowledged as part of the secret pact, has not been publicly presented to the American public. When they will officially spring it on us remains unclear.
I just had an absolutely bizzare experience on Facebook dealing with the wars and our troops. I'm still taking it all in at this point. Will update tomorrow with a recap. Whoa.
All in a "discussion" that broke our under this screenshot a FB of mine made and posted.
Last edited by pentaxshooter; 05-02-2012 at 01:11 AM.
a) While he's not a politician, he's good at using political speak. "I follow order....I served my country and defended it."
b) More importantly, what's the backstory to this. Were you being a straight up dick or is there more to the story?
There's nothing wrong with asking that question, as Tyler did, as long as it evolved from some sort of conversation.
So we may leave observes and advisers. A wise choice would also leave in secret some intelligence or special forces assets just in case.Obama said he remains committed to pulling 23,000 troops out of the country by the end of summer and sticking to the 2014 deadline to turn security fully over to the Afghan government. He said that NATO will set a goal this month for Afghan forces to be in the lead for combat operations next year.
"We will not build permanent bases in this country, nor will we be patrolling its cities and mountains," the president said during a speech at Bagram Air Base early Wednesday. "That will be the job of the Afghan people."
Some U.S. forces will remain in a post-war Afghanistan as military advisers, but both U.S. and Afghan officials have yet to decide how many troops will continue supporting the Afghan military, and for how long.
The strength of this country is in its people. They are from all over the planet,
of all religions, thoughts, cultures, and expressions.
Thus, education needs to highly flexible to account for drastically different
approaches to math, the sciences, and etc. Group think is very, very bad
for science, health care, chemistry, and so on. About the only thing that
probably should be taught is English, basic math, and US History (not
the revisionist stuff, thankyouverymuch).
It is up to people to protect and defend and care for themselves. It is
NOT something for government to do. In addition, this violates the diversity
rule. Giving people the freedom to decide what is good, what is bad,
what is risky, and what is not is how people evolve. It allows for demand
to change, continuously, to the best, most effective medicine for their
own particular circumstance for example. It is why we today have
chiropractors, acupuncturers, and more.
This concept that a small group of people (a federal government full of
non-gods) could *possibly* understand and adapt to the most diverse
group of peoples on the planet is absolutely utterly full of fail. It is
the basis for communism, and this also ALWAYS fails.
The reality is that the world is chaotic and ever changing, it is fluid,
and not something to be pinned down. This is why a free market, and
free choice in the areas of healthcare and education is so critical.
Last edited by adoniram7; 05-02-2012 at 10:21 AM.
While "defended it from whom?" is a valid question, I think it's absolutely misguided to downplay the actions of a soldier who volunteered to serve his country and did what it asked of him. Whether or not there should be military bases on foreign soil indefinitely, or whether or not we should engage ourselves in foreign conflicts is NOT the soldier's decision, and badgering him for the meaning of actions he was asked to carry out is entirely non-productive when it comes to furthering the cause.
Going by this I'd almost think you' want us to also eliminate all local emergency services as well. It is my duty to defend my home. Put out any fires. And patch up my own injuries or use my money to pay someone else directly and not via taxes.
Also, it is a falsehood that if government went away, there'd be anarchy. NOT.
If you understand anything about Economics, and Demand, you'd know that
almost overnight you'd have specialists in any area of the particular service in
demand filling the vacuum.
It did. As I have shown.It appears to be a former soldier....although once a marine...always a marine.
There's nothing wrong with asking that question, as Tyler did, as long as it evolved from some sort of conversation.
I'm sorry you feel that way. I will continue to do whatever I can to raise awareness in order to help try and stop more men/women (civilian and miliitary) dying for fruitless causesTyler I like you, but son I am dissapoint
So he posted that picture on his wall. I didn't even see it untill someone sent me a message saying you might wanna go check it out. Let me share with you some of the posts that were made by his other military friends. This first guy threatened to kill me
I got about 40 comments in before i couldnt take it anymore. Tyler youre an ignorant child. And one may think calling someone ignorant and a child at the same time is redundant but no. Not only do you have no knowledge of what we go through. Thats the ignorant part. But youre a child in the ways you try and voice your opinion behind a keyboard. Youre a spineless coward who would tuck its tail at the first sign of a veteran. I dont even know who the hell you are but you just lost 100% of my respect for you. Please... If you dont know, or dont agree with what we're over there fighting for, i invite you to stand in front of my mk19.. mounted m2.. Or 240b as i send a round straight through you. Im re-enlisting this month and i guarantee you if i learned anything while i was in. It was how to beat the **** out of ignorant bastards like yourself who know nothing about freedom or what it means to defend it. Whether you work a desk job, construction, or for a furtune 500 company.. You take your orders from someone higher than you. The only difference is we believe in our orders. And we'll fight for those beliefs till we have no bullets left. And when we have no bullets left ill climb down restrepo and engage the enemy in hand to hand and show them what macp is all about till i have no stength left in my body. And when i have no stength left in my body. I assure you they will know who the united states of ****ing america truely is.Needlesss? hardly. War sucks, but you have to decide if you'd rather fight the war here, or at its source. I think i speak for every american when i say i'd rather it be fought there.so 9-11 didnt happen i guess? Again, ignorance hurts.what a dick, probably doesnt even know whats really going on lol probably thinks kony is alive lolYou think our rights have been stripped? Try walking down the streets of baghdad, with little kids and their mothers crying they are so happy to have us there. Thats where people like you fail to realize the truth. What you see as war, is what soldiers, marines, airmen, and sailors see as saving a population. Shame on you man. You cannot argue against something you don't understand.I hate the Internet for this reason... not everyone deserves to voice their opinion.I have zero qualms with our treatment of prisoners in Gitmo. I think that if you threaten one of us, you threaten all of us citizens. I think Gitmo is doing it right.The first part of this is my comment, followed by one by the OPFor the good of the majority, a few must suffer, such as terrorists in Gitmo.
I'd like to also say thanks to all the troops. I respect their dedication and resolve to serve this country, I simply wish it was in a different manner.
11 hours ago · Like · 1
Then **** YOU. **** you your not a American. Your a ****ing blind idiot. **** YOU. You will probably spit on the troops you claim to support. **** YOU
What. the. ****.Okay I have been waiting to say something to this ..First hi ! Nathan I Am steph=) second I am sickened by how you are talking about and to the people whom are defending your right to talk **** !
Instead of telling them how wrong they are you should be on your knees thanking them and the families of the men and women who have lost there lives defending your right to be utterly stupid.!
Nope dont bother sending more links about how war is wrong cause I don't care. Let me ask you this. What if there was no war when hitler was alive ? No one to stop him let me tell you we would not be where we are right now ! Nope not at all who knows you may not exsist. That's just one example . And guarenteed you would have been the cowards that would run anf hide when your needed to go fight. Instead there are men and women to protect us ! And hell they willing go! And for heaven sake give up so much to do so! Have some respect or keep your courageless mouth shut. We all know that if something happened where you live you would be guy cowarding in the corner=)
And this classic argument,i figured it out.. hes a hipster. war, military, freedom, and politics is too mainstream for him.
Mindless meatheads. I'm sorry, but that's all that can be said. This is only a few of the more choice comments. I chimed in here or there, but it was more enjoyable to sit back and laugh at these goons.Think you got it hard? The US is heaven compared to being a resident of 3rd world countries like the Philippines, North Korea, Syria, nations within Africa, etc. be thankful our "Tyrannical" government is as "bad" as you think it is. Sarcasm aside, we are not even close to that point.
Last edited by pentaxshooter; 05-02-2012 at 11:56 AM.
My entire political argument is not based only on that idea, but it certainly plays an important role. My political stance is based on the COTUS and the founding fathers' intent for the role of government and what I have seen the Federal Government do over the history of our country.
In your assessment of what happens next, you imply that individuals have just as much influence at the federal level as the state/county/town level to enact ideas, policies, etc. I couldn't disagree more.
We have much more influence over local government matters than at the Federal Level. To deny this is false.
The structure of the Federal Government and it's intent has been manipulated to the point that corruption is gauranteed due to the benefits one can obtain from it. The more the government justifies sticking it's nose into the lives of it's citizens, policies, regulations, and laws will be written to benefit certain groups over others. This is why the COTUS was written to limit Federal Government powers. If there were no handouts to give, people wouldn't make shady back room deals and pass legislation to ensure they and there buddies get the handouts.
It seems you are admitting corruption is present at the Federal Level and at the same time are advocating further reach into US citizens lives, which will lead to increased opportunity for corruption/waste/and abuse. US history tells us these things are present and have been present at the Federal Level for quite sometime.
Frankly I can't trust our US government based on past actions, most specifically over the last 100 years. To see some of the things our Federal Government has done and has proposed to do in the past and currently is quite sobering and I can't help but come to the conclusion that most of those in gov at the federal level on both sides of the isle are not working in the best interest of the american people. As long as they can justify big government programs and polices, we will only see more of the same corruption/waste/abuse.
Have you ever worked for both a small local company and a national major corporation? I can tell you that it is easier to influence policies and decisions at a small local company than at a major national corporation. This same concept applies at the government level as well.
Constitution of No Authority - Lysander Spooner, For a New Liberty - Murray N. Rothbard and The Law - Frederic Bastiat. Those should get you started on the right track
The last thing a guy like that needs to hear is that it was all for nothing dude. IMO you made a bad choice by attempting to raise awareness for your cause in that way. It's one thing to spread awareness by spreading your beliefs to those who may be on the fence about devoting their lives to military service; its another thing entirely to tell a guy his buddies died for nothing, and that he wasted his time..
It was a selfish choice bro, and not cool regardless of how you justify it to yourself.
A large part of the anti-government argument is that power corrupts, which is completely true. Would I rather have someone in power that I and my fellow citizens vote for (and vote out when they prove to be corrupt), or would I rather have the power go to whoever can amass the most wealth? Definitely the former.
What if by some long shot the guy takes your words to heart, and blows his brains out?
What you said is inexcusable, regardless of your justification. THINK MAN....
I would imagine that it would peeve someone to perform the kind of military service that supports your ability to speak freely, only to have you insult him for it.
You aren't required to behave politely, but others are entitled to note your breach.
Moreover, you do not have the power to vote someone out for being corrupt, if you are in a political minority. By way of contrast, economic markets serve to protect minority rights.
Last edited by zukiphile; 05-02-2012 at 12:44 PM.