Tuesday, September 30, 2008

Ron discusses his reaction

Ron Paul on the Bailout

He explains that the Fed already has the power to print all the money it needs, that social security will not go bust, but the dollar will if we continue borrowing and spending at will.. He talks about a Fed Audit bill he is putting forward (They aren't audited!) - Explains that free markets are not to blaim but that Fed cronyism is to blame.

Posted by planning4acrash @ 07:00 AM (1417 views)
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26 thoughts on “Ron discusses his reaction

  • When people borrow money they are receiving a loan against future income, which means sometime in the future your standard of living has to drop to pay for those loans. Today is the day when all the loans start to get paid back!

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  • Ron Paul is an idiot. He argues against any government role in US healthcare and that the private sector alone is capable of doing the job, and yet the chief of staff of his presidential primary campaign just died a couple of months ago from a treatable illness because he couldn’t afford to go to the doctor. Ron Paul might be correct about certain things, but, on the whole, he’s a right-wing nut, and you do yourself no service by citing him in the argument against government subsidies of the housing bubble.

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  • Just saw on Bloomberg that the new name for what we are in is now dubbed the ‘Credit Quake’.

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  • Ron Paul, doing what he does best, right-wing idiocy.

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  • planning4acrash says:

    That is not true about the illness. And Ron Paul is right to say that, had the dollar not been devalued 98% since 1913, by the federal reserve he objects to, that many could afford private medicine and the public sector could be reduced significantly.

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  • and he doesn’t seem to just lie when his mouth is open

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  • and he doesn’t seem to just spout lies when he opens his mouth – very refreshing

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  • planning4acrash says:

    This is not about left vs right. Its about liberty vs tyranny. Bloggers here know tick the free market would have avoided a housing boom without LIBOR being suppressed by central bank liquidity and it undercutting suppressed marketrates using fudged stats

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  • planning4acrash says:

    I meant to say, without central banks setting its own artificiablly suppressed interest rates that undercut market LIBOR rates it suppresses via liquidity injections. Add to that derivatives deregulation and i think corporate socialism has had its day.

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  • planning4acrash says:

    But, as i keep saying, with nationalisation we now see National Socialism. I seem to remember that failing in Germany? And there is a real threat of global socialism. God help us! Forget the right wing. We need traditional Conservative small govt policies

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  • P4C, you can check out http://www.kentsnyder.com to see the web site set up by the family of Ron Paul’s campaign chair to see how they’re trying to raise money for the $400,000 hospital bill after he died from pneumonia.

    (I don’t necessarily disagree with your feelings, but you’re not helping your argument by citing such a nut case. You need to find another champion.)

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  • RP is one of the most intellectually astute thinkers in Washington. Steeped in the “Austrian” tradition, he is acutely aware of the real reasons underlying the current malaise. We ignore his guy’s message of liberty and freedom at our peril… unless, of course, one is in favour of a nanny state wedded to big business, and bailouts.

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  • If Calleman’s model is right and our final destiny is co-creation then there is NO “champion” to elect who will save us.

    We have to save ourselves without the need for any hierarchical/political structure.
    Difficult to imagine?
    That is why “we aint seen nuffin yet”

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  • Some of Ron Paul’s ideas are nuts, but it’s only the implementation of them, not the idea, that is wrong. He has pure ideas on markets and how they should run, but doesn’t make his ideas accessible or realistic by thinking about how to implement them.

    However, I love listening to him. He does not lie; he believes firmly in the power of the people; and he understands the key issues causing these problems.

    I thank god for him, and I’m an atheist. If you don’t like his ideas perhaps the balanced, thoughtful coverage on Fox would be more to your taste.

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  • s2r1 I made the following comments but you didn’t answer. As I said previously your views seem quite messianic.

    Do you have a sense of perspective on them? How do you know you are actually perceiving matters from a state of higher consciousness? Do you have a sense that you might be wrong?

    I do have an overall concern that the site might become a place for views as fixed irrational and limited as those that we used to ridicule eg property prices only ever go up.

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  • 16. bellwether said…”I do have an overall concern that the site might become a place for views as fixed irrational and limited as —-”

    It comes with the territory I’m afraid. Websites such as this are a magnet to a certain personality type, often lacking in logic and common sense. They regularly have a sad and lonely existence, and turn to the net as a kind of soap box and source of comfort. They have a perceived feeling of comradeship from an anonymous audience who they think hangs onto their every word. In short, it makes them feel more important.

    You have to learn to ignore the rubbish and just read the useful stuff. I know it’s difficult, we all have the urge to wind these irritating and bothersome souls up from time to time. But treat it as a bit of fun and don’t take it too seriously. You will never get rid of them, they are indefatigable – it comes with the personality trait.

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  • The “free market” in theory should, with perfect information, settle on the correct price for a commodity. Unfortunately in practice traders are blinkered, not interested in even discovering information, relying on rumour and speculation, and as such a rising price tends to continue to rise until no-one can afford to buy at the new peak price, at which point the whole thing crashes.

    Government regulation is *required* to stamp out excess speculation in all markets. The solution to excess deregulation is not more deregulation.

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  • bellwether,

    Whilst I make many references to Calleman’s model, it only represents a single dot, when joining up the many dots.
    His book made sense primarily because of the journey I had in finding to his work.

    Firstly I researched cycle/fractal theories: Fred Harrison, Nikolai Kondratieff, Oswald Spengler, Elliott waves, Robert Prechter and Martin Armstrong.
    Next I looked at 600 year gold prices, 250 year stock prices, history of banking, money as debt, Federal Reserve etc.
    Calleman’s model unified all these ideas (I won’t go into the detail)

    After that I researched consciousness, quantum physics, suppressed technologies, conspiracy theories, religion, ancient civilisations, fake MM global warming, orchestrated peak oil, HAARP earthquake machine, ten dimensions, Unified Field Theory, dark matter and free energy.

    Next I tracked “global consciousness” through the fifth night; following the oil, gold and stock prices, and the 60-70 most watched Google Videos that appeared during the March-July 2008 period.

    “your views seem quite messianic.”
    I have no religion but I am coming around to the idea that god and consciousness are the same thing

    “How do you know you are actually perceiving matters from a state of higher consciousness?”
    Consciousness is aware of being aware.
    Examples: I see the Chemtrail planes polluting the blue sky that most people haven’t got a clue about. I see people drinking diet coke who have no idea about the dangers of aspartame. I see people unable to explain how money is created. I see people accepting the CO2 global warming con.

    “Do you have a sense that you might be wrong?”
    I could wrong but the evidence over the last 6 months is getting stronger and stronger.

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  • HAARP earhquale machines

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  • “The whole problem with the world is that fools and fanatics are always so certain of themselves, but wiser people so full of doubts.” – Bertram Russell

    Link for you S2R1 [well intentioned]: http://www.giagia.co.uk/2008/01/23/apocalympics-2012/

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  • S2R1 said: “Consciousness is aware of being aware.
    Examples: I see the Chemtrail planes polluting the blue sky that most people haven’t got a clue about. I see people drinking diet coke who have no idea about the dangers of aspartame. I see people unable to explain how money is created. I see people accepting the CO2 global warming con.”

    That’s not consciousness. That’s noticing an event and associating it with one of any number of a personal library of assumptions and facts. That’s all. Again I say S2R1, be very careful of using that word. It gets abused as does the word ‘energy’. Read The User Illusion’ by Tor Norretranders to gain one perspective on consciousness.

    I’m saying no more…don;t want to be accused of extending this line of discussion.

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  • jamonit,

    Cheers for the book.

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  • 17 p.doff thanks – you sense my frustration!

    S2R1 you seem quite intelligent but (as Jamonit seems to say) the examples you give as evidence of higher conciousness are simply observations, with some validity. Perhaps you tend to be a little manic in everyday life.

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  • planning4acrash says:

    Re: healthcare, this is a quote from “Ron Paul Speaks”, page 40-1 I quote: “Meanwhile, the Financial Services Committee, on which I sit, has begun the process of reauthorizing the Export-Import Bank, which uses taxpayers money to upport business projects that cannot attract capital in the market. Mr. Speaker, the Export-Import Bank’s biggest beneficiaries are Boeing and communist China. I find it hard to believe that federal funding for Fortune 500 companies and China is a higher priority for most Americans than MEDICAID AND FOOD STAMPS.

    – I also hear him often saying that a move away from big government would always begin with an end to unwarranted wars, and a slashing of corporate welfare. He is not interested in reducing healthcare until the economy is big enough, through smaller government, for people to support themselves. He has voted for almost all bills offering medical and financial care to Veterans. He is a Doctor. I do not agree wholeheartedly with all of his medical policies, but, in a decent world, you would have Democrats like Dennis Kucinich to promote that cause. Just because he aint perfect on every issue, does not stop the FACT that he was right about the economy since 1976.

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  • Evidence, p4ac?

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