Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama. | |
paladin (OP) User ID: 539876 United States 10/31/2008 11:03 PM Report Abusive Post Report Copyright Violation | |
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Mr. Predictor Senior Forum Moderator User ID: 287257 United States 10/31/2008 11:09 PM Report Abusive Post Report Copyright Violation | nickname ... Darth Volcker had interest rates over 12% when I got out of college with a master's degree in 1980 I couldn't get a credit card for 6 months "If there is a new fascism, it won't come from skinheads and punks; it will come from people who eat granola and think they know how the world should be." - Brian Eno |
Annie Oakley User ID: 503783 United States 10/31/2008 11:17 PM Report Abusive Post Report Copyright Violation | |
paladin (OP) User ID: 539876 United States 10/31/2008 11:19 PM Report Abusive Post Report Copyright Violation | nickname ... Darth Volcker Quoting: Mr. Predictorhad interest rates over 12% when I got out of college with a master's degree in 1980 I couldn't get a credit card for 6 months in the 70's the banks sent me 10 of the cards... thank god that changed....I sill have them....fron Citi bank that is.. Paul Volcker had to pay for the crap from Johnson and Nixon... Reagan came in with inflation fixed......then he put in Greenspan......thank you right wing..... ARE YOU NOT PROUD OF THE CRAP YOU DID TO THE PEOPLE OF AMERICA... |
paladin (OP) User ID: 539876 United States 10/31/2008 11:36 PM Report Abusive Post Report Copyright Violation | |
ThePatriotMind User ID: 519678 United States 10/31/2008 11:39 PM Report Abusive Post Report Copyright Violation | |
Godot User ID: 535097 United States 11/01/2008 09:24 AM Report Abusive Post Report Copyright Violation | you all do not know know who ..Paul Volcker...is.. Quoting: paladinWhat role did he playing in killing the gold standard? I dont recall the details... Yes it's safe, it's very safe, it's so safe you wouldn't believe it.... ... No, it's not safe, it's very dangerous. Be Careful. |
Godot User ID: 535097 United States 11/02/2008 12:13 AM Report Abusive Post Report Copyright Violation | you all do not know know who ..Paul Volcker...is.. Quoting: GodotWhat role did he playing in killing the gold standard? I dont recall the details... Yes it's safe, it's very safe, it's so safe you wouldn't believe it.... ... No, it's not safe, it's very dangerous. Be Careful. |
Anonymous Coward User ID: 338377 United States 11/02/2008 10:23 AM Report Abusive Post Report Copyright Violation | squandered the opportunity), was a Ron Paul presidency and the collective will to ditch the failed current floating fiat monetary system in favor of a new Bretton Woods agreement with the monetary discipline that system would provide.The Europeans may force the issue soon, and a challenge to the $US dollar hegemony as world reserve currency, by a new Russian-Sino-Arab bloc, may propel a displacement of the $US dollar usage in favor of a new hard currency. Barack Obama is clueless on monetary policy, and consequently is unable to even select the correct advisors to lead America out of the deep hole that has been dug to date. Instead , it appears that, lacking any talent in critical analytical thinking, the current leaders will continue to advocate more of the same actions that caused the current crisis in the first place! Sadly, those who really are not very smart, are unaware of their ineptitude, and will refuse to relinquish their status and power to those with more integrity and ability. So, to summarize , and put in the vernacular... better buckle up, because we are in for a roller coaster ride on many levels, and it's going to get a whole lot worse before it gets any better at all. |
Anonymous Coward User ID: 495140 United States 11/02/2008 10:26 AM Report Abusive Post Report Copyright Violation | "Moreover, 74 percent of the executives say they fear that an Obama presidency would be disastrous for the country." [link to www.chiefexecutive.net] |
Anonymous Coward User ID: 540750 United States 11/02/2008 10:28 AM Report Abusive Post Report Copyright Violation | Don't worry. Carbon cap/tax will save us all. We'll have those coin operated meters in our houses, like London after the war. We'll have to do our laundry, bathe, cook, all in the space of 3 hours an evening. But, it will save the planet, so it will be worth it. |
Anonymous Coward User ID: 540750 United States 11/02/2008 10:31 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 338377 United States 11/02/2008 10:32 AM Report Abusive Post Report Copyright Violation | Don't worry. Carbon cap/tax will save us all. Quoting: Anonymous Coward 540750We'll have those coin operated meters in our houses, like London after the war. We'll have to do our laundry, bathe, cook, all in the space of 3 hours an evening. But, it will save the planet, so it will be worth it. ____________________________________________________________ I do hope that it is sarcasm that I detect in your posting! |
Anonymous Coward User ID: 540750 United States 11/02/2008 10:42 AM Report Abusive Post Report Copyright Violation | Don't worry. Carbon cap/tax will save us all. Quoting: Anonymous Coward 338377We'll have those coin operated meters in our houses, like London after the war. We'll have to do our laundry, bathe, cook, all in the space of 3 hours an evening. But, it will save the planet, so it will be worth it. ____________________________________________________________ I do hope that it is sarcasm that I detect in your posting! Thinly veiled. |
paladin (OP) User ID: 540916 United States 11/02/2008 01:06 PM Report Abusive Post Report Copyright Violation | you all do not know know who ..Paul Volcker...is.. Quoting: GodotWhat role did he playing in killing the gold standard? I dont recall the details... hey Godot.. none that I know about.... Paul Volcker...was put in place by Carter and had Carter's full backing to do what was needed to fix the $$$ system.... well ..is more like Carter was told to take Paul Volcker....LOL |