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Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.

 
paladin
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10/31/2008 10:58 PM
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Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
Paul Adolph Volcker (born September 5, 1927 in Cape May, New Jersey), is an American economist. He is best known as Chairman of the Federal Reserve under United States Presidents Jimmy Carter and Ronald Reagan (from August 1979 to August 1987). He is today an economic advisor to Democratic presidential candidate Barack Obama.


[link to en.wikipedia.org]



I shit you not......FOX is full of shit......and Drudge....
paladin  (OP)

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10/31/2008 11:03 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
you all do not know know who ..Paul Volcker...is..



chorus
Mr. PredictorModerator
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10/31/2008 11:06 PM

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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
welcome back Carter !!!
"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
Anonymous Coward
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10/31/2008 11:08 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
Can't you see it all lining up?
Anonymous Coward
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10/31/2008 11:08 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
you all do not know know who ..Paul Volcker...is..



chorus
 Quoting: paladin




He is the Fed Chief that helped get this shit started...
Mr. PredictorModerator
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10/31/2008 11:09 PM

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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
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
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10/31/2008 11:17 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
Yeah he is part of the Fed and so part of the problem.
Brzinski is also part of the old school of conquor russia~ he is the foreign advisor.

Sat goodbye to the old boss, hello to the new boss.
paladin  (OP)

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10/31/2008 11:19 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
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
 Quoting: Mr. Predictor




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)

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10/31/2008 11:36 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
oh hell no...this dropped of the main page......I am not done...
ThePatriotMind

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10/31/2008 11:39 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
another piece of PROOF that OBAMA is in tank for NWO
Fighting and triggering liberals and SJW's in the trenches of their safe spaces since 2014

Signed,

The Patriot Mind
Godot

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11/01/2008 09:24 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
you all do not know know who ..Paul Volcker...is..



chorus
 Quoting: paladin


What 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

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11/02/2008 12:13 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
you all do not know know who ..Paul Volcker...is..



chorus


What role did he playing in killing the gold standard? I dont recall the details...
 Quoting: Godot

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
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11/02/2008 10:23 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
Acting as Federal Reserve chairman, Paul Volcker killed the wave of spiralling inflation in the 70's by raising interest rates into the teens. A repeat of this action is not possible today, because to do so would crush all business activity in the USA, leading to a deep and protracted depression. Paul Volcker's ideas are powerless to stop what is coming. What America needed ,( and stupidly
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
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11/02/2008 10:26 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
"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
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11/02/2008 10:28 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
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
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11/02/2008 10:31 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
AAAAAAhhhhhhh. The 70's. Gas lines and ugly clothing. Can't wait for the new millenium versions of "All In The Family" and "Good Times".........I'm sure Meathead is writing the new propaganda as we speak.
Anonymous Coward
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11/02/2008 10:32 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
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.
 Quoting: Anonymous Coward 540750


____________________________________________________________



I do hope that it is sarcasm that I detect in your posting!
Anonymous Coward
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United States
11/02/2008 10:42 AM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
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.


____________________________________________________________



I do hope that it is sarcasm that I detect in your posting!
 Quoting: Anonymous Coward 338377


Thinly veiled.
paladin  (OP)

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11/02/2008 01:06 PM
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Re: Paul Volcker...economic advisor to Democratic presidential candidate Barack Obama.
you all do not know know who ..Paul Volcker...is..



chorus


What role did he playing in killing the gold standard? I dont recall the details...
 Quoting: Godot




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





GLP