President Obama to water down 'Buy American' plan after EU trade war threat
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Damn.... I am so naive; I just realized who this is. :laugh:
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
Oh?
MrPlankton
“If I had my choice I would kill every reporter in the world but I am sure we would be getting reports from hell before breakfast.” William Tecumseh Sherman -
http://www.timesonline.co.uk/tol/news/world/europe/article5655115.ece[^] Who the fuck are they to tell us how to do business. The EU can go fuck them selves in hell.:mad:
So, now that Cool Hand Hussein is in charge its ok to hate the european's again if they don't do as we say?
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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CSS_Shadow(); wrote:
Who the f*** are they to tell us how to do business.
Well, often times they are our customers to whom we sell the few things we manufacture. Also, they are long standing trade partners.
CSS_Shadow(); wrote:
The EU can go f*** them selves in hell.
It's really not that simple to just isolate an economy.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
Chris Austin wrote:
It's really not that simple to just isolate an economy.
What we need to do is abolish fractional reserve banking and the federal reserve. We must never artificially inflate our money supply. A dollar must retain the value of a dollar. There needs to be a quota on imports, if an overseas business wants to sell more product to the USA then they have to build factories here and hire US workers. All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
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Oh?
MrPlankton
“If I had my choice I would kill every reporter in the world but I am sure we would be getting reports from hell before breakfast.” William Tecumseh ShermanMrPlankton wrote:
Oh?
:laugh: Not you. But ole CSS here.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
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So, now that Cool Hand Hussein is in charge its ok to hate the european's again if they don't do as we say?
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
Stan Shannon wrote:
So, now that Cool Hand Hussein is in charge its ok to hate the european's again if they don't do as we say?
We have to look out for ourselves and only ourselves. We need to be a completely sovereign nation. Not part of some globalist movement. All the troubles we are experiencing were planned and deliberate. Its a scheme to consolidate power even further.
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Chris Austin wrote:
It's really not that simple to just isolate an economy.
What we need to do is abolish fractional reserve banking and the federal reserve. We must never artificially inflate our money supply. A dollar must retain the value of a dollar. There needs to be a quota on imports, if an overseas business wants to sell more product to the USA then they have to build factories here and hire US workers. All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
None of this is simple and were are not bargaining from a position of strength. Our current situation goes beyond the federal reserve and fractional reserves. A huge problem for us is the consumer driven economy where all that matters is price. It's one thing to place quotas and tariffs but, imo, we really need a longer term view of what is healthy for our economy.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
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Chris Austin wrote:
It's really not that simple to just isolate an economy.
What we need to do is abolish fractional reserve banking and the federal reserve. We must never artificially inflate our money supply. A dollar must retain the value of a dollar. There needs to be a quota on imports, if an overseas business wants to sell more product to the USA then they have to build factories here and hire US workers. All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
Do you have any idea how little gold there is in the world, or how much damage to the environment is done to try to find more ? Are you sure we shouldn't just round up and shoot the Illuminati ?
Christian Graus Driven to the arms of OSX by Vista.
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None of this is simple and were are not bargaining from a position of strength. Our current situation goes beyond the federal reserve and fractional reserves. A huge problem for us is the consumer driven economy where all that matters is price. It's one thing to place quotas and tariffs but, imo, we really need a longer term view of what is healthy for our economy.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
Chris Austin wrote:
Our current situation goes beyond the federal reserve and fractional reserves
No it doesn't. You need to do some research. Look below the surface and you will realize the simplicity behind it and the outrageous happenings that are happening as a consequence. All planned and deliberate.
Chris Austin wrote:
we really need a longer term view of what is healthy for our economy.
You are obviously not trying to visualize the economy. It needs to be viewed as a machine and if you can do it, then you will realize that it is being manipulated in ways that allow the manipulators even more control essentially making us slaves.
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Do you have any idea how little gold there is in the world, or how much damage to the environment is done to try to find more ? Are you sure we shouldn't just round up and shoot the Illuminati ?
Christian Graus Driven to the arms of OSX by Vista.
Christian Graus wrote:
Do you have any idea how little gold there is in the world
I know how much gold has been mined. About 130,000 tonnes. Worth about 3 trillion US dollars. The more demand there is for it then the more its worth. The more its worth the less we need to trade in exchange for goods and currency.
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Chris Austin wrote:
It's really not that simple to just isolate an economy.
What we need to do is abolish fractional reserve banking and the federal reserve. We must never artificially inflate our money supply. A dollar must retain the value of a dollar. There needs to be a quota on imports, if an overseas business wants to sell more product to the USA then they have to build factories here and hire US workers. All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
Been reading Ayn Rand again? You do realize that Nixon took us off of the Gold Standard, and there is no longer enough gold to cover the currency in circulation? And the Gold Standard along with no federal reserve, no fractional reserve banking didn't prevent the last depresssion (these deep recessions/depressions happen every 50 years or so, but no one seems to remember back further than the last one or two). And what, exeactly is the value of the dollar (which dollar? the 2000 dollar? the 1970 dollar? the 1930 dollar?) Its been inflating steadily since it came into existence...
CSS_Shadow(); wrote:
All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
Riiiight. I'm sure the Chinese, Saudis, Iranians, Venezuelans, and all those others we depend on for things like oil, shoes, clothing, etc will fall right in line with that. And just a hint here - the Chinese presently hold around 4 Trillion in US currency/treasury bonds. We don't have even $1T in gold in Ft. Knox (147.3 million troy ounces are available at a book value of $42 an ounce, last open market value $906 oz - unlikely you can find a buyer for that quantity at that price) so I don't think we can cover the liability in gold.
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So, now that Cool Hand Hussein is in charge its ok to hate the european's again if they don't do as we say?
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
Guess who has been reading Murray Rothbard. Unfortunately he seems to understand Libertarian economic theory about as well as Nancy Pelosi does.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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Stan Shannon wrote:
So, now that Cool Hand Hussein is in charge its ok to hate the european's again if they don't do as we say?
We have to look out for ourselves and only ourselves. We need to be a completely sovereign nation. Not part of some globalist movement. All the troubles we are experiencing were planned and deliberate. Its a scheme to consolidate power even further.
CSS_Shadow(); wrote:
We have to look out for ourselves and only ourselves. We need to be a completely sovereign nation. Not part of some globalist movement. All the troubles we are experiencing were planned and deliberate.
Maybe, but that would be happening in some fashion whether it was planned or not. A one world economy needs a one world government, and there is nothing that is going to stop that from happening aside from a cataclysmic collapse of human civilization back to the stone age. The only real question is what kind of one world government do we want? On thing is for sure, this shit that the left is pushing sure as hell isn't going to work.
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
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Chris Austin wrote:
Our current situation goes beyond the federal reserve and fractional reserves
No it doesn't. You need to do some research. Look below the surface and you will realize the simplicity behind it and the outrageous happenings that are happening as a consequence. All planned and deliberate.
Chris Austin wrote:
we really need a longer term view of what is healthy for our economy.
You are obviously not trying to visualize the economy. It needs to be viewed as a machine and if you can do it, then you will realize that it is being manipulated in ways that allow the manipulators even more control essentially making us slaves.
CSS_Shadow(); wrote:
You need to do some research.
I've done tons of research on these things. Hell, I used to think exactly the way you do and I don't approve of the fed. reserve or the way fractional banking works. But, in the end consumers put up with it. Why? So they can have their disposable flat panel TVs and $0.99 whoppers.
CSS_Shadow(); wrote:
It needs to be viewed as a machine and if you can do it, then you will realize that it is being manipulated in ways that allow the manipulators even more control essentially making us slaves.
You want to not be a slave? Then don't use personal credit, live well below your means, and enjoy life without having to purchase shinny gadgets.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
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Been reading Ayn Rand again? You do realize that Nixon took us off of the Gold Standard, and there is no longer enough gold to cover the currency in circulation? And the Gold Standard along with no federal reserve, no fractional reserve banking didn't prevent the last depresssion (these deep recessions/depressions happen every 50 years or so, but no one seems to remember back further than the last one or two). And what, exeactly is the value of the dollar (which dollar? the 2000 dollar? the 1970 dollar? the 1930 dollar?) Its been inflating steadily since it came into existence...
CSS_Shadow(); wrote:
All trade with foreign countries must be with the US currency, but first they have to buy the currency with its equivalent value in gold or other hard currency. If they want to sell the US currency back to us, we will trade the gold for it.
Riiiight. I'm sure the Chinese, Saudis, Iranians, Venezuelans, and all those others we depend on for things like oil, shoes, clothing, etc will fall right in line with that. And just a hint here - the Chinese presently hold around 4 Trillion in US currency/treasury bonds. We don't have even $1T in gold in Ft. Knox (147.3 million troy ounces are available at a book value of $42 an ounce, last open market value $906 oz - unlikely you can find a buyer for that quantity at that price) so I don't think we can cover the liability in gold.
Rob Graham wrote:
and there is no longer enough gold to cover the currency in circulation?
If it is used to buy currency, then the value of gold will sky rocket, if gold is the standard in which all currency is bought, then all the gold in the world will be worth all the money in the world.
Rob Graham wrote:
And what, exeactly is the value of the dollar (which dollar? the 2000 dollar? the 1970 dollar? the 1930 dollar?) Its been inflating steadily since it came into existence...
The value of the dollar is controlled by how much money is in circulation. The more money we print the less the money is worth.
Rob Graham wrote:
Riiiight. I'm sure the Chinese, Saudis, Iranians, Venezuelans, and all those others we depend on for things like oil, shoes, clothing, etc will fall right in line with that. And just a hint here - the Chinese presently hold around 4 Trillion in US currency/treasury bonds. We don't have even $1T in gold in Ft. Knox (147.3 million troy ounces are available at a book value of $42 an ounce, last open market value $906 oz - unlikely you can find a buyer for that quantity at that price) so I don't think we can cover the liability in gold.
We can fuck the chiness right now and make our own goods, we obviously need the jobs. As far as oil, we need to build breeder reactors (they recycle 95% of the fuel) and use hydrogen for portable fuel.
Rob Graham wrote:
We don't have even $1T in gold in Ft. Knox (147.3 million troy ounces are available at a book value of $42 an ounce, last open market value $906 oz - unlikely you can find a buyer for that quantity at that price) so I don't think we can cover the liability in gold.
As I keep saying, the higher the demand for gold the more its worth and the less that will need to be traded for the currency it buys.
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CSS_Shadow(); wrote:
We have to look out for ourselves and only ourselves. We need to be a completely sovereign nation. Not part of some globalist movement. All the troubles we are experiencing were planned and deliberate.
Maybe, but that would be happening in some fashion whether it was planned or not. A one world economy needs a one world government, and there is nothing that is going to stop that from happening aside from a cataclysmic collapse of human civilization back to the stone age. The only real question is what kind of one world government do we want? On thing is for sure, this shit that the left is pushing sure as hell isn't going to work.
Chaining ourselves to the moral high ground does not make us good guys. Aside from making us easy targets, it merely makes us idiotic prisoners of our own self loathing.
Stan Shannon wrote:
The only real question is what kind of one world government do we want?
One that does not dictate our currency, our laws, or anything else for that matter. It should be a collaboration between countries that allow them to work with each other. Essentially it would not be a government, just a varying set of agreements between nations.
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Do you have any idea how little gold there is in the world, or how much damage to the environment is done to try to find more ? Are you sure we shouldn't just round up and shoot the Illuminati ?
Christian Graus Driven to the arms of OSX by Vista.
Christian Graus wrote:
Are you sure we shouldn't just round up and shoot the Illuminati ?
Absolutely! Let's go after the Gnomes of Zurich, first. Where is Zep, anyway?
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
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CSS_Shadow(); wrote:
You need to do some research.
I've done tons of research on these things. Hell, I used to think exactly the way you do and I don't approve of the fed. reserve or the way fractional banking works. But, in the end consumers put up with it. Why? So they can have their disposable flat panel TVs and $0.99 whoppers.
CSS_Shadow(); wrote:
It needs to be viewed as a machine and if you can do it, then you will realize that it is being manipulated in ways that allow the manipulators even more control essentially making us slaves.
You want to not be a slave? Then don't use personal credit, live well below your means, and enjoy life without having to purchase shinny gadgets.
Sovereign ingredient for a happy marriage: Pay cash or do without. Interest charges not only eat up a household budget; awareness of debt eats up domestic felicity. --Lazarus Long
Chris Austin wrote:
But, in the end consumers put up with it. Why? So they can have their disposable flat panel TVs and $0.99 whoppers.
If they really understood the issue they would change. We would all be more wealthy without the current system.
Chris Austin wrote:
Then don't use personal credit, live well below your means, and enjoy life without having to purchase shinny gadgets.
All money today is debt based. You have to pay interest on every dollar you make. You have to pay taxes which is the security of the loans we all took that put that dollar in existence.
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Guess who has been reading Murray Rothbard. Unfortunately he seems to understand Libertarian economic theory about as well as Nancy Pelosi does.
Jon Smith & Wesson: The original point and click interface Algoraphobia: An exaggerated fear of the outside world rooted in the belief that one might spontaneously combust due to global warming.
Oakman wrote:
Unfortunately he seems to understand Libertarian economic theory about as well as Nancy Pelosi does.
FTFY Both fail to realize that their ideas are opposite ends of the spectrum, but that only makes them equally flawed for opposite reasons.
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http://www.timesonline.co.uk/tol/news/world/europe/article5655115.ece[^] Who the fuck are they to tell us how to do business. The EU can go fuck them selves in hell.:mad:
Joshua, nobody from Europe is telling the Americans how to run their businesses. Nobody from Europe is telling the new United States Administration how to govern its country. What the European Union is saying is that protectionist measures are certainly a recipe for disaster. But the threat is that if the United States chooses to go down that protectionist path then two can play that game. A game where no winners are guaranteed only losers. So if you want this recession to go deeper into depression, then, there will be no hope for this world for some years to come. Suggest you read the PDF reference I gave to Jon Oakman in another thread earlier today.
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http://www.timesonline.co.uk/tol/news/world/europe/article5655115.ece[^] Who the fuck are they to tell us how to do business. The EU can go fuck them selves in hell.:mad:
CSS_Shadow(); wrote:
Who the f*** are they to tell us how to do business. The EU can go f*** them selves in hell. :mad:
Who the f*** are [we] to tell [them] how to do business? If our government/rulers want to replay the Great Depression, and *we* don't stop them doing so, then that's what we'll all get.