It's time to punish the liberals.
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CaptainSeeSharp wrote:
they are going to buy over a trillion in Treasuries by the way, and hundreds of billions of dollars in other assests
You didn't do very well in algebra, did you? "So in total, the Fed will buy $850 billion to $900 billion, just about doubling the amount of Treasury debt it currently holds." -- http://www.nytimes.com/2010/11/04/business/economy/04fed.html?_r=1&hp[^] I actually agree that it's a stupid thing for them to do, but get your numbers right if you want to play with the adults, kiddo.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Ian Shlasko wrote:
I actually agree that it's a stupid thing for them to do, but get your numbers right if you want to play with the adults, kiddo.
After doubling their treasury holdings to 1.8 trillion, then what? Buy more of course. This is ontop of all the mortgage backed securities they own, and the near 0% interest loans they keep pumping out, and the secretive shit they do.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Ian Shlasko wrote:
I actually agree that it's a stupid thing for them to do, but get your numbers right if you want to play with the adults, kiddo.
After doubling their treasury holdings to 1.8 trillion, then what? Buy more of course. This is ontop of all the mortgage backed securities they own, and the near 0% interest loans they keep pumping out, and the secretive shit they do.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Who are you arguing with? I already said I agree that the treasury purchases are stupid, though there's nothing "secretive" about it. Everything they do becomes front-page news.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
Who are you arguing with? I already said I agree that the treasury purchases are stupid, though there's nothing "secretive" about it. Everything they do becomes front-page news.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Explain to me how it is stupid, because when I was educating you about the Fed before you remained stubbornly ignorant and went as far as saying it was a good thing.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Explain to me how it is stupid, because when I was educating you about the Fed before you remained stubbornly ignorant and went as far as saying it was a good thing.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
The Fed is a good thing. Adjusting interest rates is a good thing. Going out and buying T-Bonds to manipulate the prices is meaningless devaluation and price fixing. You need to stop thinking in such black-and-white terms. It's not all-or-nothing. You can have a Fed that behaves responsibly, and that's what we need. Can the Fed destroy the economy? Sure, if it's managed badly. Can it save the economy? Sure, if it's managed properly. Right now, it's somewhere in between. The economy is gradually recovering, but it's risking future problems in order to accelerate that process.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
The Fed is a good thing. Adjusting interest rates is a good thing. Going out and buying T-Bonds to manipulate the prices is meaningless devaluation and price fixing. You need to stop thinking in such black-and-white terms. It's not all-or-nothing. You can have a Fed that behaves responsibly, and that's what we need. Can the Fed destroy the economy? Sure, if it's managed badly. Can it save the economy? Sure, if it's managed properly. Right now, it's somewhere in between. The economy is gradually recovering, but it's risking future problems in order to accelerate that process.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Ian Shlasko wrote:
Can the Fed destroy the economy? Sure, if it's managed badly. Can it save the economy? Sure, if it's managed properly.
Ian Shlasko wrote:
The Fed is a good thing.
Why? Because it has the power to destroy the economy? It cannot save the economy unless the Fed itself is responsible for the destruction, it can save the economy by leaving it alone. The economy is people just like you and me working, buying, and selling things. Why would anyone in their right mind would want an all powerful institution interfering with us working, buying, and selling things? The only thing the Fed does is steal from us by counterfeiting money, and using that counterfeit money to manipulate and restructure the economy.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Ian Shlasko wrote:
Can the Fed destroy the economy? Sure, if it's managed badly. Can it save the economy? Sure, if it's managed properly.
Ian Shlasko wrote:
The Fed is a good thing.
Why? Because it has the power to destroy the economy? It cannot save the economy unless the Fed itself is responsible for the destruction, it can save the economy by leaving it alone. The economy is people just like you and me working, buying, and selling things. Why would anyone in their right mind would want an all powerful institution interfering with us working, buying, and selling things? The only thing the Fed does is steal from us by counterfeiting money, and using that counterfeit money to manipulate and restructure the economy.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
Learn how market cycles work, then try again. The Fed's job is to moderate the natural cycles. If you can't grasp that concept (Yes, I know that's beyond your comprehension), then we have nothing further to discusss.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
Learn how market cycles work, then try again. The Fed's job is to moderate the natural cycles. If you can't grasp that concept (Yes, I know that's beyond your comprehension), then we have nothing further to discusss.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Ian Shlasko wrote:
Learn how market cycles work, then try again. The Fed's job is to moderate the natural cycles. If you can't grasp that concept (Yes, I know that's beyond your comprehension), then we have nothing further to discusss.
The Fed CREATES the market cycles! That is how they rob us, first by inflation, then by deflation until the people wake up homeless on the continent their fathers conquered. They create a bubble, then pop it. They loan out lots of money at low interest rates, then call in the loans or raise the interest rates. They expand the money supply, then contract it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Ian Shlasko wrote:
Learn how market cycles work, then try again. The Fed's job is to moderate the natural cycles. If you can't grasp that concept (Yes, I know that's beyond your comprehension), then we have nothing further to discusss.
The Fed CREATES the market cycles! That is how they rob us, first by inflation, then by deflation until the people wake up homeless on the continent their fathers conquered. They create a bubble, then pop it. They loan out lots of money at low interest rates, then call in the loans or raise the interest rates. They expand the money supply, then contract it.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
The Fed CREATES the market cycles
Educate yourself, then try again.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
CaptainSeeSharp wrote:
The Fed CREATES the market cycles
Educate yourself, then try again.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)You ignorant giggling yuppie. You've finally admitted that the Fed has absolute power to destroy the economy, someday you will admit that they are a bunch of crooks that suck off the people by creating the booms and busts.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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You ignorant giggling yuppie. You've finally admitted that the Fed has absolute power to destroy the economy, someday you will admit that they are a bunch of crooks that suck off the people by creating the booms and busts.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
And the military has the power to start World War III... Yet somehow we've gone 55 years without dropping an atomic bomb. And your mother has the power to kick your useless ass out of her basement, yet somehow you remain there. Just because someone has the power to cause damage, doesn't mean they're going to do so. The booms and busts will happen whether we have the Fed or not. They are a natural side effect of a capitalist economy. The Fed has the power to reduce both the highs and lows, to turn them from spikes into gentle waves in most circumstances. So I'll repeat my prior statement... Educate yourself, then try again.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
And the military has the power to start World War III... Yet somehow we've gone 55 years without dropping an atomic bomb. And your mother has the power to kick your useless ass out of her basement, yet somehow you remain there. Just because someone has the power to cause damage, doesn't mean they're going to do so. The booms and busts will happen whether we have the Fed or not. They are a natural side effect of a capitalist economy. The Fed has the power to reduce both the highs and lows, to turn them from spikes into gentle waves in most circumstances. So I'll repeat my prior statement... Educate yourself, then try again.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Ian Shlasko wrote:
The booms and busts will happen whether we have the Fed or not. They are a natural side effect of a capitalist economy.
Incorrect. The Fed CREATES the boom and bust cycle through inflation and deflation. The Fed has illegitimate and unnecessary power, much like a dictator. You talk about what the Fed is supposed to do, it is propaganda. The boom and bust cycle doesn't happen without Fed manipulation, they have never balanced out the booms and busts, they've created them.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Ian Shlasko wrote:
The booms and busts will happen whether we have the Fed or not. They are a natural side effect of a capitalist economy.
Incorrect. The Fed CREATES the boom and bust cycle through inflation and deflation. The Fed has illegitimate and unnecessary power, much like a dictator. You talk about what the Fed is supposed to do, it is propaganda. The boom and bust cycle doesn't happen without Fed manipulation, they have never balanced out the booms and busts, they've created them.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
The boom and bust cycle doesn't happen without Fed manipulation, they have never balanced out the booms and busts, they've created them.
You keep saying that, yet in all of our past discussions, you've never been able to prove it. Unless you plan on doing so, this discussion is over. Thanks for reminding me why I stopped replying to your posts.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels) -
CaptainSeeSharp wrote:
The boom and bust cycle doesn't happen without Fed manipulation, they have never balanced out the booms and busts, they've created them.
You keep saying that, yet in all of our past discussions, you've never been able to prove it. Unless you plan on doing so, this discussion is over. Thanks for reminding me why I stopped replying to your posts.
Proud to have finally moved to the A-Ark. Which one are you in?
Author of the Guardians Saga (Sci-Fi/Fantasy novels)Ian Shlasko wrote:
You keep saying that, yet in all of our past discussions, you've never been able to prove it.
I've proven it over and over, put out long documents, reports, historical references. You ignore all of them and repeat the same Fed propaganda over and over. The central bank scam goes back hundreds of years, its been written about for as long by very prominent people, presidents, kings and queens, economists, even the bank heads themselves!.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Tax revenue goes down when the economy slows, and raising taxes only slows the econmy more. The only thing they can do is let the Federal Reserve buy treasuries (They announced today that they are going to buy over a trillion in Treasuries by the way, and hundreds of billions of dollars in other assests). With inflation about to shoot through the roof, there wont be much left, dollars wont buy much if anything.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
CaptainSeeSharp wrote:
We need to go far right, right as the Constitution and Bill of Rights and stay there. When the free money dries up, people will stop voting for the democrats and rinos because they can no longer buy their votes.
Why would the money dry up? I cannot believe that your Constitution (even unsullied by Amendments) precludes Congress from collecting revenues.
CaptainSeeSharp wrote:
Tax revenue goes down when the economy slows
But there will be enough dosh with which to buy votes.
CaptainSeeSharp wrote:
raising taxes only slows the econ[o]my more
Wouldn't you reduce taxes in order to stimulate the economy? That would buy you votes.
CaptainSeeSharp wrote:
The only thing they can do is let the Federal Reserve buy treasuries
Um. You have gone far right, right back to the Constitution and the Bill of Rights, remember? Are you implying that this far right Congress will continue with the policies of the past four decades? Just the same old Republicans then? That will disappoint the Tea Partiers. So, it remains that the Party controlling Congress can always buy votes. It's as simple as that.
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Ian Shlasko wrote:
You keep saying that, yet in all of our past discussions, you've never been able to prove it.
I've proven it over and over, put out long documents, reports, historical references. You ignore all of them and repeat the same Fed propaganda over and over. The central bank scam goes back hundreds of years, its been written about for as long by very prominent people, presidents, kings and queens, economists, even the bank heads themselves!.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
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Now that we have taken over the house and the fuckwad faggot liberals have been kicked out of many governorships and other state positions, we will unleash the fury of millions of real red blooded Americans on you peon liberals. Get ready to feel the heel of a boot twisting back and forth on yoru face while we spit on you.
Invisible Empire: A New World Order Defined (High Quality 2:14:01)[^] Watch the Fall of the Republic (High Quality 2:24:19)[^] The Truthbox[^]
So now nothing will happen in the US, republicans will try to stop anything democrats do and the same way around... nice... edit: I forgot, here is a link to a nice debt clock that will let you know, how some "true" americans will just stop whatever attempt is made to make this clock go slower US Debt Clock[^]
I want to die like my grandfather- asleep, not like the passengers in his car, screaming!
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CaptainSeeSharp wrote:
Now that we have taken over the house and the fuckwad faggot liberals have been kicked out of many governorships and other state positions, we will unleash the fury of millions of real red blooded Americans on you peon liberals. Get ready to feel the heel of a boot twisting back and forth on yoru face while we spit on you.
To paraphrase: The Tea Partiers will be suborned or marginalised by the GOP, and the citizens of the USA will have their hopes of change cynically dashed once again.
CSS certainly is predictable. Kinda like a sunrise. :laugh: At first I thought Ian had written your post. Good synopsis. Basically what I thought as well. In 2012 we'll see what happens. There wasn't much of a difference between candidates for me as a Rep. I live in a mostly red state anyways.
That's called seagull management (or sometimes pigeon management)... Fly in, flap your arms and squawk a lot, crap all over everything and fly out again... by _Damian S_