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Straw Man
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And my head I'd be scratchin' while my thoughts were busy hatchin; If I only had a brain......
 
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Quote:
Originally Posted by Gibonius View Post
As loath as I am to defend someonesmind, I think he was referring to Bernanke there.

I thought the other mention of obama later kind of covered it, but you probably have a point

(I didn't even click the link he posted)
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Old 09-14-2012, 02:32 PM Straw Man is offline  
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s0me0nesmind1
 
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Quote:
Originally Posted by Gibonius View Post
As loath as I am to defend someonesmind, I think he was referring to Bernanke there.

He's too stupid to understand how economics works in this nation

Let alone read an article or have an argument durka durka jihad.
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Old 09-14-2012, 05:36 PM s0me0nesmind1 is offline  
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Jack's raging erection
 
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I blame Keynes.
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Old 09-14-2012, 05:49 PM Jack's raging erection is offline  
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Straw Man
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And my head I'd be scratchin' while my thoughts were busy hatchin; If I only had a brain......
 
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Quote:
Originally Posted by s0me0nesmind1 View Post
He's too stupid to understand how economics works in this nation

Let alone read an article or have an argument durka durka jihad.

I know who Bernanke is. Unlike you, I have all my cognitive faculties, I'm not the one that had a brain surgery that turned one into a tool racist
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Old 09-15-2012, 04:30 AM Straw Man is offline  
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#19  

Ryuuko
 
Did anyone notice that this time the feds are going to keep on doing the QE until they see a change and this time there is no limit on what they are going to spend/print.

It may bump up the economy a bit which may help Obama but its going to suck for the next president and the US when inflation hits.
Old 09-15-2012, 07:35 AM Ryuuko is offline  
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Liquid_Table
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Originally Posted by Ryuuko View Post
What would stimulate the economy...my guess pay off anyone's mortgage...with all the past and future "stimulus's" that could have been done.

No you just need to print shitloads of money while simultaneously inflating everyone else' economy to make our massive inflation even out. Give everyone $1million and tell them to buy foreign treasuries.
Old 09-15-2012, 08:29 AM Liquid_Table is offline  
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#21  

zeos
 
what is the definition of insanity again?
Old 09-15-2012, 09:51 AM zeos is offline  
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#22  

Jack's raging erection
 
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what is the definition of insanity again?

ME! I AM THE DEFINITION OF INSANITY!
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Old 09-16-2012, 09:10 PM Jack's raging erection is offline  
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#23  

[H]ard|On
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Insanity is talking about a spilled cup of water on the deck of a sinking ship. Which is what the republicans constantly do.
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Old 09-16-2012, 11:39 PM [H]ard|On is offline  
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punisher
 
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Insanity is talking about a spilled cup of water on the deck of a sinking ship. Which is what the republicans constantly do.

It is a two way street. The "tax the rich" is the same thing. There is not enough money for the government to tax, and later spend, to bail us out of a fundamentally broken system.

Metaphore time:
The titanic is sinking, and the Govt is bailing with the only thing they can afford, a paper cup. It ain't going to work.
It is like having an engine with a bad fuel pump. Throw some starting fluid in it, and it sputters for 5 seconds and dies. God forbid you replace/repair the pump.

Bernanke is throwing some fresh printed paper into the system to bump numbers before the election. Pathetic, but the repubs would do the same I suppose. It just sucks because every dollar that is thrown in the fire (an apt description), I ,and likely my offspring, will have to eventually repay with interest. That villa in Costa Rica is looking damn good about now.....8 more years.
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Old 09-17-2012, 02:31 AM punisher is offline  
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astriy
 
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I wish they would spend this money on infrastructure, education, research, NASA, or something real instead of shuffling paper around making the financial industry richer.
Old 09-18-2012, 07:27 PM astriy is offline  
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s0me0nesmind1
 
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Taxing the rich is a fucking hilarious concept. They learned how to get the money - the LEAST they know how to do is to keep it




Fucking retarded toolbag liberals. Watch what happens to France when their new douche tries to hike up taxes to record amounts of 65%+
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Old 09-18-2012, 07:52 PM s0me0nesmind1 is offline  
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Patriotic Eagle
 
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The government spending is mostly to counter act the effects of the failure of the "private sector" (in reality the banking and finance sectors of the economy). The elite have managed to totally shift the narrative and focus of the current economic crisis from its actual source (capital) to the symptom (massively increased government spending). The economic policy of the government would be largely the same if Republicans were in charge in any case, since both parties will follow convention in economic crisis (basically what the financial elite tell them to do).
Old 09-18-2012, 08:48 PM Patriotic Eagle is offline  
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#28  

Gibonius
 
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Originally Posted by astriy View Post
I wish they would spend this money on infrastructure, education, research, NASA, or something real instead of shuffling paper around making the financial industry richer.

That's really not at all what the Fed does nor is this really "spending money" in the conventional government spending vein.
Old 09-19-2012, 08:24 AM Gibonius is offline  
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#29  

astriy
 
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It still bothers me that money can be just "created" out of thin air like that. I know there isn't really any suitable alternative.

The problem is that even though this is not "spending" it still has a cost that's hard to track or pinpoint. Just like the mortgage backed securities and default swaps that don't really add up when there's a run on them. This propping up one sector can have unintended effects on others.
Old 09-19-2012, 09:16 AM astriy is offline  
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