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The Back Room

If you want to get something off your chest then do it here - but enter at your own risk!

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19.2k Topics 361.3k Posts
  • Scandal at the NATO Summit!!!

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    Bassam Saoud wrote: okay okay I had try something for my french brothers and sisters Maybe you could buy some backbones at the morgue. Jon Smith & Wesson: The original point and click interface
  • A picture is worth ...

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    It would certainly explain a lot of what he posts
  • The Law of Unintended Consequences

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  • bandito is not a PC word [modified]

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    Guns And Mexico: The 90% Myth[^]
  • Did you know

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    :) Skynet by 2013? Thanks, good video. modified on Saturday, April 4, 2009 9:57 PM
  • Cigarettes

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    A packet of 20 in the UK will cost you around the £5.30 mark, which is $7.84 at the current rate.
  • Vista sucks so bad

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    Come to the SB to escape the 1-votes, have you, Christian? ;P Cheers, Vıkram. Carpe Diem.
  • A perfect example...

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    Bullshit. Frank did not say that Scalia should be removed from the bench.
  • Sarkozy: G20 Results "Beyond His Expectations"

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    Stan Shannon wrote: But sooner or later it is simply going to give out. Doesn't it scare you that I agree with you? Stan Shannon wrote: I can't get away with that kind of paranoia? What paranoia? Either Ike did it to make Joe Stalin happy and ensure that he, not Georgie, was the Republican nominee in 52, or the Russians did it themselves with the aid of Westbooke Pegler and FDR. Jon Smith & Wesson: The original point and click interface
  • Having one of those Silly discussions. [modified]

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    She made an appearance. And... your point is well taken. heh This statement is false
  • Obama's Inflation

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    Oakman wrote: I'm assuming that you are referring to paper dollars as opposed to gold-backs. There is evidence that there is a collorary between the two. Looking at the increasing rate of inflation and comparing it to the increasing rate of fiat money since 1971, there is either a striking coincidence there, or a relationship. I don't disagree that inflation is tied to money. I disagree that the causes of inflation are a simple as "increased money stock leads to increased inflation" (and I disagree that inflation can be measured by some kind of price index, but anyways...). I do believe there is a correlation, I question the causality. I tend to think that inflation is more tied to what goes on in the balance sheets of banks and international payments rather than a crude measure of the number of dollars floating about. I could be wrong, but if it was a simple relationship, inflation wouldn't be that hard to control. Oakman wrote: I think the underlying question is whether money is a commodity like any other and whether or not the law of supply and demand apply to it. Mmmmm. That would be the million dollar question. However, there is a rather large problem there - to trade a commodity, it must be standardized somehow. How do we standardize money without resorting to backing it by an exhaustible resource (like gold)? And if it becomes a tradeable asset, how do we prevent speculative attacks, bubbles and bursts? I'm not saying your idea is a bad one (I have the same thoughts), I'm saying that we need to look at whether money is a commodity, or not. Oakman wrote: That can be said of more than just schools of economics, but it cannot be said too often in a time when there are a lot of folks looking for someone who knows the road to the Promised Land. I like the way the Austrians think, I don't like their undercurrents of political activism - it kind of turns me off. I know politics and economic systems are intertwined, but it helps if they weren't so, reactionary, I guess. Just my opinion. Oakman wrote: I think that is a more serious threat in the short-term (though I wish someone in the Obama Administration worried about the long-term) and it is, of course, politically inspired. But ultimately, if it comes to pass it will not be the Chinese and Russians who own the ult
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    Chris Austin wrote: At least there is some honesty there. You aren't pretending or trying to deny that your government isn't an oligarchy like we do. I think you misunderstand. Australians consider that Australia is a monarchy only in a formal, largely ceremonial sense and is a modern democracy in practical terms. John Carson
  • Stiggy's analysis

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    Vikram A Punathambekar wrote: but letting the banks fail is going to hurt many more than just their shareholders and employees. Not all banks are affected. Not all banks took part in the crazy selling and buying of debt. In the UK HBOS and NorthernRock were the two worst ones. Other banks, notably HSBC, a massive international group, has been almost unaffected because their management knew these credit products were bad and didnt buy into them. Let the few bad banks fold. If those savers loose their cash then so what? OK, its tough, perhaps the govt would do beter to pay them directly, but to fund a business that has been incompetently managed by taxpayers money? Morality is indistinguishable from social proscription
  • Walter Williams - Pace Carville/Clinton, it's not the economy

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    I don't listen to Limbaugh; however, I love Williams (and Sowell).
  • I want to see the video... where is the secret video!! [modified]

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    Gary Kirkham wrote: Now don't go throwing reasonableness in there, it's no fun for anyone :-O I suppose I probably shouldn't mention that my response, if it is the Biden girls will be the same as when it was the Bush girls, or any of the other Presidential relatives that did stupid/uncouth/childish things, i.e. :zzz: Jon Smith & Wesson: The original point and click interface
  • Failures of the Anglo-Saxon model

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    I'm not Anglo or Saxon. My grand parents came from Russia, so I was wondering if Slav-o-American capitalism was any different then Anglo-Saxon capitalism.
  • I can't stand looking at Turbo Tim, he's a freak'n hobbit [modified]

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    :)
  • "Vox Day" on Michael Vick hatred

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    73Zeppelin wrote: Your pathological dependence/reliance on other people's opinions is fascinating. You pathetic, mindless thing.
  • My check engine light comes on, so I called warrenty repair... [modified]

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    Check the radiator fluid, oil, etc?
  • Mr. Jefferson

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    Mr Hamilton.