I know I'm right, you just don't get it. Sometime you just got to say fuk you.
You people are morons
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khicks26SBR Aristocracy
- 09-16-06
- 45704
#596Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#597You're so right about Friedman and Hayek wanting government to rule the economy and solve social problems despite no evidence.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
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guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#599If you're going to make a claim, you should have evidence to back it up. You offer no evidence because you have none that can't be easily refuted. If it made sense I would understand, you're just trying to rationalize something away again.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#600You should have evidence to. You don't & your not rational. Your greed comes before anything else. That's the truth of all your post. Its always about you.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#601
This is why we have such problems in this country. I've looked at every video you've posted, considered the points, said where I agree and explained where I disagree. You've not looked at one thing I've posted, calling it nothing but drivel from corporately owned stooges when you disagree with its conclusions, while believing everything posted by corporately owned networks when you agree with it.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#602For one Prof Herman Daly former Senior World Bank Economist says banks create money out of nothing, Josh said this can't be so. That not what my clown at Berkeley said, or the Murdoch owned WSJ.
Then video says how fait money which gives the government & banks the power to create money is causing the wealth gap to grow. In other words who benefits from this.
Then Herman Daly says how communism & capitalism will both fail because there trying to grow forever.
Then John Perkins former Economic Hit Man says how capitalism has become extreme. How it goes back to Friedman/Reagan/Thatcher & policies that encourage people to take on debt, privatize everything, smaller government supposedly. All though a bigger military, which causes government spending to go up. Deregulation & getting rid of rules for people that run corporations. As if these people are Gods.
Right from the video: Neoclassical has dismissive view of natural resources, government should rule the economy, solve social issues, & leave the free market to look after the distribution of wealth, Neoclassical emerged about 100 years ago due to vested interest desire to protect their interest. This meant that neoclassical mathematical models & assumptions are divorced from reality. There based on what should be, instead of what is, like classical models. Its these neoclassical models which favor large corporations, that have been used to legitimize the financialization of the global economy. Championed by Reagan & Thatcher neoclassical still dominates policy making today.
If your gong to quote the vid, quote the whole thing. Also try to watch the whole thing.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#603You lie Josh, you did not watch the whole vid, you never read the Shock Doctrine & you only listen to or understand studies & people that support your point of view. Your divorced from reality & it does not matter what I say or post. Its all about you, your a selfish jerk. I hope your happy with yourself.Comment -
itchypickleSBR Posting Legend
- 11-05-09
- 21452
#604For one Prof Herman Daly former Senior World Bank Economist says banks create money out of nothing, Josh said this can't be so. That not what my clown at Berkeley said, or the Murdoch owned WSJ.
Then video says how fait money which gives the government & banks the power to create money is causing the wealth gap to grow. In other words who benefits from this.
Then Herman Daly says how communism & capitalism will both fail because there trying to grow forever.
Then John Perkins former Economic Hit Man says how capitalism has become extreme. How it goes back to Friedman/Reagan/Thatcher & policies that encourage people to take on debt, privatize everything, smaller government supposedly. All though a bigger military, which causes government spending to go up. Deregulation & getting rid of rules for people that run corporations. As if these people are Gods.
Right from the video: Neoclassical has dismissive view of natural resources, government should rule the economy, solve social issues, & leave the free market to look after the distribution of wealth, Neoclassical emerged about 100 years ago due to vested interest desire to protect their interest. This meant that neoclassical mathematical models & assumptions are divorced from reality. There based on what should be, instead of what is, like classical models. Its these neoclassical models which favor large corporations, that have been used to legitimize the financialization of the global economy. Championed by Reagan & Thatcher neoclassical still dominates policy making today.
If your gong to quote the vid, quote the whole thing. Also try to watch the whole thing.
I read Perkins' book a few times years ago...a great read.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#605Also I will not let you have the last word. This is how you justify your right & won the debate. They will have to pry the mouse from my cold dead hand before I let you think that. I know you better than you know yourself, your a crybaby douche bag, so go fuk yourself.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#606You're correct in the fact of the creation of money but not necessarily by the big banks alone, but the Fed. No doubt there is a huge bubble that will bust and destroy the dollar.....only result possible. Fed will create more inflation to reign things in along the way but its coming.
I read Perkins' book a few times years ago...a great read.
Banks create money though lending, they benefit by getting new money first along with corporations & government contractors like blackwater. Which is why we have a push to privitize everything. They can spend the money before prices rise to reflect the new money in circulation.
Perkins is great & he speaks the truthComment -
itchypickleSBR Posting Legend
- 11-05-09
- 21452
#607Who regulates the FED, big banks chose who regulates FED, giving Wall St & banks veto power.
Banks create money though lending, they benefit by getting new money first along with corporations & government contractors like blackwater. Which is why we have a push to privitize everything. They can spend the money before prices rise to reflect the new money in circulation.
Perkins is great & he speaks the truth
The Fed is all over the place with regulators working for the govt interest more than they are the big banks....FRB FOMC meetings and the like prove this time after time. We borrowed and printed far more than we'll ever be able to repay and thats the house of cards that is being propped up...I'm sure you've noticed that as well, don't have to elaborate much you're a thinker. This madness is why its laughable that the Fed keeps trying to say everything is fine, push people into the bond markets as if when the dollar takes the dive they will be worth their intended value. It's like having those old Iraqi dollars after the persian gulf warComment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#608First regarding the ways banks lend...I'm all for going back to the separation of traditional banks separate from institutional investing branches. Thats where a big portion of the problems started. A bank should be the original model to where I agree to let them hold my money at a low rate of interest to me while they lend it out for another % to other people for car loans or mortgages or small businesses so that it fosters a nice little ecosystem of growth for everyone....leave the risk taking to the investment houses like they used to be.
The Fed is all over the place with regulators working for the govt interest more than they are the big banks....FRB FOMC meetings and the like prove this time after time. We borrowed and printed far more than we'll ever be able to repay and thats the house of cards that is being propped up...I'm sure you've noticed that as well, don't have to elaborate much you're a thinker. This madness is why its laughable that the Fed keeps trying to say everything is fine, push people into the bond markets as if when the dollar takes the dive they will be worth their intended value. It's like having those old Iraqi dollars after the persian gulf warComment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#609Now these assholes are going to make his wife Pres give me a fuking break.Comment -
itchypickleSBR Posting Legend
- 11-05-09
- 21452
#610
On Hillary...it is comical about her ties to the banking issues and even her newest son in law is a cute little hedge fund manager but yet she hates them on the political tour but cozy behind closed doors...and people buy it.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#611For one Prof Herman Daly former Senior World Bank Economist says banks create money out of nothing, Josh said this can't be so. That not what my clown at Berkeley said, or the Murdoch owned WSJ.
Then video says how fait money which gives the government & banks the power to create money is causing the wealth gap to grow. In other words who benefits from this.
Then Herman Daly says how communism & capitalism will both fail because there trying to grow forever.
Then John Perkins former Economic Hit Man says how capitalism has become extreme. How it goes back to Friedman/Reagan/Thatcher & policies that encourage people to take on debt, privatize everything, smaller government supposedly. All though a bigger military, which causes government spending to go up. Deregulation & getting rid of rules for people that run corporations. As if these people are Gods.
Right from the video: Neoclassical has dismissive view of natural resources, government should rule the economy, solve social issues, & leave the free market to look after the distribution of wealth, Neoclassical emerged about 100 years ago due to vested interest desire to protect their interest. This meant that neoclassical mathematical models & assumptions are divorced from reality. There based on what should be, instead of what is, like classical models. Its these neoclassical models which favor large corporations, that have been used to legitimize the financialization of the global economy. Championed by Reagan & Thatcher neoclassical still dominates policy making today.
If your gong to quote the vid, quote the whole thing. Also try to watch the whole thing.
"51 minutes in, I agree with a lot of what is said in the video."
"Well, after watching the video, I do agree with the vast majority of it, although their descriptions of classical vs. neo classical economics and whom they associate with it is completely wrong. I'm surprised you agree with so much. You don't seem to be the type to advocate an end to the Fed, a gold standard, and ending an income tax and replacing it with a consumption tax"
I understand the government & Fed have the power to create money and cause a wealth gap, so I'm puzzled as to why you have no problem with these people having all the power you wish to give them.
Friedman/Reagan never encouraged people to take on debt, that's not something you're trying to do with record high interest rates, which also causes government spending to go up due to higher interest rates on the national debt. If Obama had Reagan's interest rates, the national debt would have gone up more than it did under Reagan. BTW, Friedman was also an advocate of ending the Fed.
Friedman never advocated for large corporations, in fact there is a youtube video when he was on Donahue saying that we shouldn't bail out car companies.
If you're going to say people advocate a government that rules the economy and solves social issues, you should be able to back it up.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#612You lie Josh, you did not watch the whole vid, you never read the Shock Doctrine & you only listen to or understand studies & people that support your point of view. Your divorced from reality & it does not matter what I say or post. Its all about you, your a selfish jerk. I hope your happy with yourself.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#613Here is what I actually said: "Well, I'm at the 25 minute mark of the 4 horsemen and I agree with a lot of what is said. The problem is that it's not the JP Morgans, BoAs that are creating the money, it is the Fed, which is actually a private bank. I think thats the point they're trying to make."
"51 minutes in, I agree with a lot of what is said in the video."
"Well, after watching the video, I do agree with the vast majority of it, although their descriptions of classical vs. neo classical economics and whom they associate with it is completely wrong. I'm surprised you agree with so much. You don't seem to be the type to advocate an end to the Fed, a gold standard, and ending an income tax and replacing it with a consumption tax"
I understand the government & Fed have the power to create money and cause a wealth gap, so I'm puzzled as to why you have no problem with these people having all the power you wish to give them.
Friedman/Reagan never encouraged people to take on debt, that's not something you're trying to do with record high interest rates, which also causes government spending to go up due to higher interest rates on the national debt. If Obama had Reagan's interest rates, the national debt would have gone up more than it did under Reagan. BTW, Friedman was also an advocate of ending the Fed.
Friedman never advocated for large corporations, in fact there is a youtube video when he was on Donahue saying that we shouldn't bail out car companies.
If you're going to say people advocate a government that rules the economy and solves social issues, you should be able to back it up.
Yes I can agree with all that if it is done right. The first step is a clean slate, & debt jubilee. But from what I understand a Gold Standard will not work. You leave out important parts of the vid.
I have said many times, I want the people to have power. The question is not how to get good people to lead. The question is how to make those in power fear the people. Why is it you are OK with guys like Reagan & Bush having so much power. One was an actor, the other a total fuk up.
Quit trying to stuff everything into your libertarian/Friedman box. The proof is the last 50 years & how we got here. Friedman's ideas don't work & the rich & corporations run the country based on the framework of his work. Look up the free market definition in economics & tell me it has anything to do with Friedman.
Also you should watch the vid again, you don't understand it.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#614Yes I did, and in another thread I even went into some detail about how Ms. Klein got some things wrong, although I'm not going to look for it. How many books from Friedman, Buchanan, Sowell, Hayek, Stigler, Hazlitt, et al have you read? I can guarantee you I've read more books and articles critical of my point of view than you have of yours. It does matter, but you do need to bring some evidence to the table to back up your points.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#616
Skip to 39:40 of the vid the banks control the FED.
Yes I can agree with all that if it is done right. The first step is a clean slate, & debt jubilee. But from what I understand a Gold Standard will not work. You leave out important parts of the vid.
I have said many times, I want the people to have power. The question is not how to get good people to lead. The question is how to make those in power fear the people. Why is it you are OK with guys like Reagan & Bush having so much power. One was an actor, the other a total fuk up.
Quit trying to stuff everything into your libertarian/Friedman box. The proof is the last 50 years & how we got here. Friedman's ideas don't work & the rich & corporations run the country based on the framework of his work. Look up the free market definition in economics & tell me it has anything to do with Friedman.
Also you should watch the vid again, you don't understand it.
The main purpose of a gold standard is to have currency that politicians can't manipulate.
Which people to have which power? You've said you are okay with the majority having power over the minority, as long as you're in the majority. I'm in favor of people having power over their own lives, as long as they're not imposing a cost on another against their will. Again, imposing and not removing aren't the same thing. I'm not okay with Reagan and Bush having much power.
We haven't tried those ideas in the past 50 years. We've gotten more and more to the left. Here is a study that found if the regulatory environment in America was the same as 1949, the economy would be roughly 300% larger: http://www4.ncsu.edu/~jjseater/regulationandgrowth.pdf
No you didn't & you even said that most of what you read was from the notes of the book. I don't need to read there books History & the state of the way things are tell me they are wrong. The vid you agree with should be more than enough evidence & its you who is the one who needs to prove it wrong. The problem is you can't, so you twist words & nitpick as your defense.
Why don't you tell me where Milton Friedman advocated government ruling the economy and solving social problems.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#617That part of the video is common in every sector of the economy. Regulators tend to come from the industry they're overseeing, they will probably go back into that industry when they leave their government job, and don't want to burn too many bridges while regulating.
The main purpose of a gold standard is to have currency that politicians can't manipulate.
Which people to have which power? You've said you are okay with the majority having power over the minority, as long as you're in the majority. I'm in favor of people having power over their own lives, as long as they're not imposing a cost on another against their will. Again, imposing and not removing aren't the same thing. I'm not okay with Reagan and Bush having much power.
We haven't tried those ideas in the past 50 years. We've gotten more and more to the left. Here is a study that found if the regulatory environment in America was the same as 1949, the economy would be roughly 300% larger: http://www4.ncsu.edu/~jjseater/regulationandgrowth.pdf
I never said that, you can't show me anywhere I did. You do need to read them, since they're filled with empirical evidence that shows they're right. You're right, I can't prove it wrong, because as we learn in philosophy 101, you can't prove a negative.
Why don't you tell me where Milton Friedman advocated government ruling the economy and solving social problems.
Who controls the politicians?
I'm not always in the majority, & most of the time I am, the minority rich get there way because they own the government. Why do you think the TTP passed.
Wrong again Josh, 2007 tells me we have. We have moved to the right, not to the left & you love propaganda.
Yes you did say that.
What the hell would you call Chile. A government ruling the economy, solving social problems, by killing anyone who does not agree with Friedman. Oh never mind your a Friedman apologist, propaganda loving, rich can do no wrong kind of guy.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#618Yeah OK you sound just like the guy in the vid says. Orwellian doublespeak.
Who controls the politicians?
I'm not always in the majority, & most of the time I am, the minority rich get there way because they own the government. Why do you think the TTP passed.
Wrong again Josh, 2007 tells me we have. We have moved to the right, not to the left & you love propaganda.
Yes you did say that.
What the hell would you call Chile. A government ruling the economy, solving social problems, by killing anyone who does not agree with Friedman. Oh never mind your a Friedman apologist, propaganda loving, rich can do no wrong kind of guy.
Depends on the politician.
They made changes to it.
Do you mean 2008? That was caused by the Fed putting having artificially low interest rates causing speculation bubbles, along with government policy that encouraged reckless behavior. Here is Stanford economist John Taylor's study on the subject: https://web.stanford.edu/~johntayl/FCPR.pdf
Show me the post.
The government didn't rule the economy, that is the exact opposite of free market capitalism.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#621Not at all, it is typical for people to bounce between regulator jobs and the private sector.
Depends on the politician.
They made changes to it.
Do you mean 2008? That was caused by the Fed putting having artificially low interest rates causing speculation bubbles, along with government policy that encouraged reckless behavior. Here is Stanford economist John Taylor's study on the subject: https://web.stanford.edu/~johntayl/FCPR.pdf
Show me the post.
The government didn't rule the economy, that is the exact opposite of free market capitalism.
Most politicians
No they just passed fast track the bill it self has not passed yet.
Started in 2007 Bush tried to delay it till he was out of office. More to it than that.
Find it yourself, to prove me wrong. Till then you said it.
Yes they did. & yes it is. you never gave me the economic definition of the free market.
Here is the first of eight session lecture series on the crisis of 2007. Its about 10 hrs long. I have watched it twice.
Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#622and your OK with this?
Most politicians
No they just passed fast track the bill it self has not passed yet.
Started in 2007 Bush tried to delay it till he was out of office. More to it than that.
Find it yourself, to prove me wrong. Till then you said it.
Yes they did. & yes it is. you never gave me the economic definition of the free market.
Here is the first of eight session lecture series on the crisis of 2007. Its about 10 hrs long. I have watched it twice.
Politicians back different groups, so those groups try to get them elected.
They made changes to get democrats to vote for it.
It started before that, when they tried to pump up the economy.
That doesn't make sense. Find something that doesn't exist, prove a negative, which is impossible, and if I can't find something that doesn't exist and prove a negative, you're right. If you're going to make a claim, you should be able to back it up.
No they didn't. A free market is people free from coercion, living as they see fit.
Why should I watch something you post when you won't read studies I've posted?Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#623No I'm not.
Politicians back different groups, so those groups try to get them elected.
They made changes to get democrats to vote for it.
It started before that, when they tried to pump up the economy.
That doesn't make sense. Find something that doesn't exist, prove a negative, which is impossible, and if I can't find something that doesn't exist and prove a negative, you're right. If you're going to make a claim, you should be able to back it up.
No they didn't. A free market is people free from coercion, living as they see fit.
Why should I watch something you post when you won't read studies I've posted?
Politicians are bought by corporations, that get them elected.
What changes?
Yeah about 1975.
Fine, I know you never read the book. that's what counts.
Yes they did, & WRONG.
I know about the crisis, that is my point. I am not going to read your 19 page study.Comment -
guitarjoshSBR Hall of Famer
- 12-25-07
- 5802
#625OK clear as mud.
Politicians are bought by corporations, that get them elected.
What changes?
Yeah about 1975.
Fine, I know you never read the book. that's what counts.
Yes they did, & WRONG.
I know about the crisis, that is my point. I am not going to read your 19 page study.
Politicians have their positions before anyone cuts them a check.
If I told you, you would probably say I got my information from a corporate shill.
More like 1913
Yes I did.
No they did not, and I'm right.
I know a bit about cars too, but I wouldn't recommend hiring me to rebuild your engine.Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#626Yeah me saying I'm against people bouncing between regulatory rolls and the companies they regulate is difficult to understand.
Politicians have their positions before anyone cuts them a check.
If I told you, you would probably say I got my information from a corporate shill.
More like 1913
Yes I did.
No they did not, and I'm right.
I know a bit about cars too, but I wouldn't recommend hiring me to rebuild your engine.
So your fine with them doing the will of who cuts that check. Or government by the rich minority.
So you have nothing, the bill is still a secret, has not been debated. we only know parts of it from leaks. Your full of shit. Politicians can't even talk about the context in public. But Josh the great insider knows all about it. What a dumb ass, you are a shill.
More like 1776 before the fed was created.
Then why do you miss quote the book.
Yes they did & you don't even know what the free market is. Take your head out of Friedman's butt. You didn't even know that banks create money from nothing until I told you.
I would not recommend you for much of anything. Why would I read some study you like. Your a fuking hack.Comment -
itchypickleSBR Posting Legend
- 11-05-09
- 21452
#628I remember Pat Buchanan writing a book about it around 10-12 years ago and everyone laughed saying he was being racist
Also remember Glenn Beck warning about 6 or 7 years ago that islamic extremists were trying to for a caliphate in the middle east that would give them huge leverage and power in the region as our next problem....he was mocked and laughed off the air...ISIS is now preparing to celebrate the 1 year anniversary of the caliphate
I remember Obama mocking Mitt Romney about Russia being a major threat on the rise in 2012 and today we have troops trying to help head off the Russian wall in Ukraine and the region.
This is the problem with the left, they see everything as peachy and nothing will ever happen. Too afraid to take a stand for fear of offending sensitivities while those who they protect from this offense laugh and take advantage. I swear a liberal would go down to the county jail and take in a recently released habitual thief and let them sleep over and leave their home unattended to them because 'they are misunderstood'Comment -
khicks26SBR Aristocracy
- 09-16-06
- 45704
#630I remember Pat Buchanan writing a book about it around 10-12 years ago and everyone laughed saying he was being racist
Also remember Glenn Beck warning about 6 or 7 years ago that islamic extremists were trying to for a caliphate in the middle east that would give them huge leverage and power in the region as our next problem....he was mocked and laughed off the air...ISIS is now preparing to celebrate the 1 year anniversary of the caliphate
I remember Obama mocking Mitt Romney about Russia being a major threat on the rise in 2012 and today we have troops trying to help head off the Russian wall in Ukraine and the region.
This is the problem with the left, they see everything as peachy and nothing will ever happen. Too afraid to take a stand for fear of offending sensitivities while those who they protect from this offense laugh and take advantage. I swear a liberal would go down to the county jail and take in a recently released habitual thief and let them sleep over and leave their home unattended to them because 'they are misunderstood'Comment
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