Dr. Paul Krugman owns the fuck out of Rep. Ron Paul | |
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Spirit of the Age User ID: 15292820 United States 05/02/2012 06:52 PM Report Abusive Post Report Copyright Violation | GLP members own the fuck out of Wonkish. I am a liberal by the way, but I support Ron Paul. Any self respecting liberal should. Ending wars and cutting from the top instead of the bottom? Sounds good to me. Last Edited by Spirit of the Age on 05/02/2012 06:52 PM |
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Zephyr2 User ID: 5669091 United States 05/02/2012 06:53 PM Report Abusive Post Report Copyright Violation | ... Quoting: TURMOIL That has to happen to get back on track, first off.... We are in a recession, you don't realize that since you say "we will enter another recessionary period". The markets have to naturally correct themselves, that's all there is to it. I have no clue why anyone would believe everything is good right now. FACT: We are not in a recession as rGDP has been positive since 2009Q3 We are in a depression. Ron Paul can help us get out of it but things will get pretty messy first. Keeping things status quo won't help. Nope. We are not in a recession. From the NBER: Peak & Trough & Contraction (Duration) December 2007(IV) & June 2009 (II) & 18 [link to www.nber.org] Depression (economics) From Wikipedia, the free encyclopedia The stock market crash of 1929 marked the start of the greatest depression in modern history with some effects felt through 1945. In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen by some economists as part of the modern business cycle. Considered, by some economists, a rare and extreme form of recession, a depression is characterized by its length, by abnormally large increases in unemployment, falls in the availability of credit— often due to some kind of banking or financial crisis, shrinking output—as buyers dry up and suppliers cut back on production, and investment, large number of bankruptcies—including sovereign debt defaults, significantly reduced amounts of trade and commerce—especially international, as well as highly volatile relative currency value fluctuations—most often due to devaluations. Price deflation, financial crises and bank failures are also common elements of a depression that are not normally a part of a recession. "Sometimes I think the surest sign that intelligent life exists elsewhere in the universe is that none of it has tried to contact us." ~Calvin & Hobbs~ |
Anonymous Coward User ID: 15414276 United States 05/02/2012 06:53 PM Report Abusive Post Report Copyright Violation | I did watch the video ;) Ron Paul pushed his bullshit economic-depression inducing plan for America. Yea, getting rid of the Fed and interest-bearing currency will induce a depression..Ask JFK or Lincoln why they tried to do that genius. JFK and Lincoln never did any such thing. I don't know where you get your disinformation. Read some Krugman articles and until then STFU!!!! |
Anonymous Coward User ID: 9107938 United States 05/02/2012 06:53 PM Report Abusive Post Report Copyright Violation | Krugman, who appears to be a timid little mouse in most interviews, is going to get bitch slapped for suggesting the people "barter". We all know the elite don't want people bartering because trading without the use of the federal reserve notes is basically stealing since the fed doesnt get their cut. |
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Anonymous Coward 05/02/2012 06:55 PM Report Abusive Post Report Copyright Violation | We are in a depression. Ron Paul can help us get out of it but things will get pretty messy first. Keeping things status quo won't help. Nope. We are not in a recession. From the NBER: Peak & Trough & Contraction (Duration) December 2007(IV) & June 2009 (II) & 18 [link to www.nber.org] Depression (economics) From Wikipedia, the free encyclopedia The stock market crash of 1929 marked the start of the greatest depression in modern history with some effects felt through 1945. In economics, a depression is a sustained, long-term downturn in economic activity in one or more economies. It is a more severe downturn than a recession, which is seen by some economists as part of the modern business cycle. Considered, by some economists, a rare and extreme form of recession, a depression is characterized by its length, by abnormally large increases in unemployment, falls in the availability of credit— often due to some kind of banking or financial crisis, shrinking output—as buyers dry up and suppliers cut back on production, and investment, large number of bankruptcies—including sovereign debt defaults, significantly reduced amounts of trade and commerce—especially international, as well as highly volatile relative currency value fluctuations—most often due to devaluations. Price deflation, financial crises and bank failures are also common elements of a depression that are not normally a part of a recession. :benpalm: We are not in a depression or a recession. God you are fucking retarded. |
Anonymous Coward User ID: 3999553 United States 05/02/2012 06:56 PM Report Abusive Post Report Copyright Violation | Krugman, who appears to be a timid little mouse in most interviews, is going to get bitch slapped for suggesting the people "barter". We all know the elite don't want people bartering because trading without the use of the federal reserve notes is basically stealing since the fed doesnt get their cut. Quoting: Anonymous Coward 9107938 And this is exactly what must be done, I use my dollars to get me away from them as soon as I can. |
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TURMOIL User ID: 8814282 United States 05/02/2012 06:57 PM Report Abusive Post Report Copyright Violation | ... Quoting: lionheart 4677495 Well, you and I and maybe a hundred people saw it in this thread. Too bad the MSM is telling 300 million voters that Ron Paul is a 'nutjob' and would destroy the economy,,and the free world.. And ya know what? It works!! What do you think will happen to the economy if Ron Paul get his $1-trillion in cuts? rGDP will plummet and we will enter another recessionary period. So yes, Ron Paul's austerity plan for America would destroy the economy. That has to happen to get back on track, first off.... We are in a recession, you don't realize that since you say "we will enter another recessionary period". The markets have to naturally correct themselves, that's all there is to it. I have no clue why anyone would believe everything is good right now. FACT: We are not in a recession as rGDP has been positive since 2009Q3 FACT: You are absolutely stupid if you believe those cooked numbers. Come on, how gullible can you be? How do you make it through life so gullible? |
Anonymous Coward User ID: 15422778 United States 05/02/2012 06:57 PM Report Abusive Post Report Copyright Violation | The depression of 1920 ended within one year because the US government did not increase spending. It did nothing. The Great Depression lasted 12 long years because the US government attempted to stimulate a recovery through new programs with heavy borrowing and spending. It ended after WWII when spending and taxes were cut. In the 1950's, Japan's banking sector collapsed. The government allowed the banks to fail and liquidate. Japan recovered vigorously soon after. In the 1990's, after their stock and real estate collapse, Japan began spending enormous sums and running massive deficits, bailing out banks and building bridges to nowhere. Japan is STILL in deep recession after 25 years of massive fiscal stimulus! Paul Krugman is deceitful, self-righteous, hack. He has said that government should "seize the commanding heights of the economy." Krugman simply wants the private sector to whither and die, and the Federal government to grow ever larger and more powerful. |
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Anonymous Coward User ID: 9873825 United States 05/02/2012 06:58 PM Report Abusive Post Report Copyright Violation | The depression of 1920 ended within one year because the US government did not increase spending. It did nothing. Quoting: Anonymous Coward 15422778 The Great Depression lasted 12 long years because the US government attempted to stimulate a recovery through new programs with heavy borrowing and spending. It ended after WWII when spending and taxes were cut. In the 1950's, Japan's banking sector collapsed. The government allowed the banks to fail and liquidate. Japan recovered vigorously soon after. In the 1990's, after their stock and real estate collapse, Japan began spending enormous sums and running massive deficits, bailing out banks and building bridges to nowhere. Japan is STILL in deep recession after 25 years of massive fiscal stimulus! Paul Krugman is deceitful, self-righteous, hack. He has said that government should "seize the commanding heights of the economy." Krugman simply wants the private sector to whither and die, and the Federal government to grow ever larger and more powerful. AC 778 for the win!! |
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Anonymous Coward User ID: 15414276 United States 05/02/2012 06:58 PM Report Abusive Post Report Copyright Violation | oh.. and what about the $1.3 trillion in excess reserves that the banks are sitting on and the fed is paying them not to loan money to americans? almost like they are intentionally suffocating the economy. Quoting: Anonymous Coward 10153246 Krugman has been strongly attacking Obama and ESPECIALLY Bernanke. He's accused him of being assimilated by the Borg. But you wouldn't know that, being an opinionated, uninformed jackass. |
Anonymous Coward User ID: 15391765 United States 05/02/2012 06:59 PM Report Abusive Post Report Copyright Violation | @2:27 krugman - "we're not even quite sure where the line between money and non-money is - it's a continuum." the Centenary Professor at the London School of Economics just said he doesn't know where the line between money and non-money is. there is not a big enough flag in the world for this level of bullshit. DITTO |
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Burt Gummer User ID: 7702124 United States 05/02/2012 07:01 PM Report Abusive Post Report Copyright Violation | The depression of 1920 ended within one year because the US government did not increase spending. It did nothing. Quoting: Anonymous Coward 15422778 The Great Depression lasted 12 long years because the US government attempted to stimulate a recovery through new programs with heavy borrowing and spending. It ended after WWII when spending and taxes were cut. In the 1950's, Japan's banking sector collapsed. The government allowed the banks to fail and liquidate. Japan recovered vigorously soon after. In the 1990's, after their stock and real estate collapse, Japan began spending enormous sums and running massive deficits, bailing out banks and building bridges to nowhere. Japan is STILL in deep recession after 25 years of massive fiscal stimulus! Paul Krugman is deceitful, self-righteous, hack. He has said that government should "seize the commanding heights of the economy." Krugman simply wants the private sector to whither and die, and the Federal government to grow ever larger and more powerful. AC 778 for the win!! Agreed. Great analysis and truth AC 778. The government PRODUCES nothing....they only can spend taxpayer $$$....therefore it's a ride to the bottom and nothing more. ...as Japan has found out from the last 25 years. Krugman is a kook and partisan hack. Last Edited by Useless Cookie Eater on 05/02/2012 07:01 PM |
Anonymous Coward User ID: 1707881 United States 05/02/2012 07:02 PM Report Abusive Post Report Copyright Violation | The depression of 1920 ended within one year because the US government did not increase spending. It did nothing. Quoting: Anonymous Coward 15422778 The Great Depression lasted 12 long years because the US government attempted to stimulate a recovery through new programs with heavy borrowing and spending. It ended after WWII when spending and taxes were cut. In the 1950's, Japan's banking sector collapsed. The government allowed the banks to fail and liquidate. Japan recovered vigorously soon after. In the 1990's, after their stock and real estate collapse, Japan began spending enormous sums and running massive deficits, bailing out banks and building bridges to nowhere. Japan is STILL in deep recession after 25 years of massive fiscal stimulus! Paul Krugman is deceitful, self-righteous, hack. He has said that government should "seize the commanding heights of the economy." Krugman simply wants the private sector to whither and die, and the Federal government to grow ever larger and more powerful. AC 778 for the win!! Agreed. Great analysis and truth AC 778. The government PRODUCES nothing....they only can spend taxpayer $$$....therefore it's a ride to the bottom and nothing more. ...as Japan has found out from the last 25 years. Krugman is a kook and partisan hack. :grnrolleyes: +1 OP OWNED! |
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Burt Gummer User ID: 7702124 United States 05/02/2012 07:03 PM Report Abusive Post Report Copyright Violation | Related.....one hacks up economies....the other humans. :wacko: Last Edited by Useless Cookie Eater on 05/02/2012 07:03 PM |
Anonymous Coward User ID: 15422778 United States 05/02/2012 07:03 PM Report Abusive Post Report Copyright Violation | The depression of 1920 ended within one year because the US government did not increase spending. It did nothing. Quoting: Anonymous Coward 15422778 The Great Depression lasted 12 long years because the US government attempted to stimulate a recovery through new programs with heavy borrowing and spending. It ended after WWII when spending and taxes were cut. In the 1950's, Japan's banking sector collapsed. The government allowed the banks to fail and liquidate. Japan recovered vigorously soon after. In the 1990's, after their stock and real estate collapse, Japan began spending enormous sums and running massive deficits, bailing out banks and building bridges to nowhere. Japan is STILL in deep recession after 25 years of massive fiscal stimulus! Paul Krugman is deceitful, self-righteous, hack. He has said that government should "seize the commanding heights of the economy." Krugman simply wants the private sector to whither and die, and the Federal government to grow ever larger and more powerful. AC 778 for the win!! Thank you. History proves that government 'stimulus' is a fraud that extends human suffering. The powerful interests who sell 'stimulus' are after one thing only: diverting the energy and labor of society from serving real wants and needs to serving political wants and needs. Stimulus = Slavery |
Anonymous Coward User ID: 1447583 United States 05/02/2012 07:04 PM Report Abusive Post Report Copyright Violation | oh.. and what about the $1.3 trillion in excess reserves that the banks are sitting on and the fed is paying them not to loan money to americans? almost like they are intentionally suffocating the economy. Quoting: Anonymous Coward 10153246 Krugman has been strongly attacking Obama and ESPECIALLY Bernanke. He's accused him of being assimilated by the Borg. But you wouldn't know that, being an opinionated, uninformed jackass. This post is disingenuous because the reason Krugman is attacking Bernanke is because Krugman feels that Bernanke hasn't printed enough money. Krugman wants much higher inflation than we currently have. |
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Burt Gummer User ID: 7702124 United States 05/02/2012 07:05 PM Report Abusive Post Report Copyright Violation | oh.. and what about the $1.3 trillion in excess reserves that the banks are sitting on and the fed is paying them not to loan money to americans? almost like they are intentionally suffocating the economy. Quoting: Anonymous Coward 10153246 Krugman has been strongly attacking Obama and ESPECIALLY Bernanke. He's accused him of being assimilated by the Borg. But you wouldn't know that, being an opinionated, uninformed jackass. This post is disingenuous because the reason Krugman is attacking Bernanke is because Krugman feels that Bernanke hasn't printed enough money. Krugman wants much higher inflation than we currently have. They ALWAYS have to lie and spin don't they? The Liberals / Socialists / Commies can never tell the truth. Disgusting. |
Anonymous Coward User ID: 9425489 United States 05/02/2012 07:05 PM Report Abusive Post Report Copyright Violation | You are the best moderator this forum has ever seen. Not sure where you came from but I remember saying "who the fuck is this asshole?". Well you are a voice of reason. I support Ron Paul on foreign policy, a lot of social issues, free markets, pro-capitalism, but his advocacy for our renunciation of the world's reserve currency and going back to the gold standard is utter fucking madness. +1 Wonkish, +1. |
Anonymous Coward User ID: 1311324 United States 05/02/2012 07:06 PM Report Abusive Post Report Copyright Violation | keynesian shill spouts semitic rhetoric, ron paul still ignored, story at 11. HE FUCKING SAYS HE'S NOT EVEN SURE WHERE THE LINE BETWEEN MONEY AND NON-MONEY IS. you make yourself look so foolish wonkish. That's because Krugman is one of the world's top economists, as opposed to that idiot Wrong Paul, WHO HAS NEVER EVEN TAKEN ECONOMICS 101 AND ONLY TALKS AUSTRIAN ECONOMICS OUT OF HIS IGNORANT ASS. if he's one of the top economists, WHY THE FUCK DOESN'T HE KNOW WHERE THE LINE BETWEEN MONEY AND NON-MONEY IS? no amount of shillery can fix this slip-up. you gotta be blind, deaf, dumb, and castrated to fall for this shit. Nothing is constant in economics and there are no bright lines but I understand that this is impossible for idiot paultards to wrap their little brains around. Quoting: Anonymous Coward 15386844 This is what makes it possible for Dr. Wrong and other snake-oil salesmen to bullshit their way through. Austrian economics never has, never will, and never can work in any industrialized country. Ever. nothing is constant in economics? not even the definition of money and non-money? dumbass. no wonder things are so fucked up, random jackasses are making it all up as they go. |