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Offlined33p
Welcome to Violence

Registered: 07/12/03
Posts: 5,381
Loc: the shores of Tripoli
Last seen: 10 years, 8 months
Re: Poll and Discussion: Ron Paul's 2012 Presidential Campaign [Re: zappaisgod]
    #15141915 - 09/27/11 01:13 PM (12 years, 4 months ago)

Quote:

zappaisgod said:
They are hardly unaccountable. The purpose is not to create a moral hazard.  Any moral hazard can be laid firmly at the feet of the government nanny state.  The Fed is irrelevant.

Every nation controls its currency and it is in fact mandated by the Constitution that we do so. 

The Fed has actually pursued a policy of maintaining low inflation and achieved it. 

Do you have any idea what havoc deflation would cause?

And nothing the government does has anything to do with a free market.  That's why they have guns.  The Fed has nothing to do with it.  Nor does the Fed set consumer loan rates.  Never has.




The fed's operational independence is one of it's selling points so don't tell me they're hardly unaccountable. The fed was established to serve as a lender of last resort, shielding the banks from the risk of collapse, so they could continue operating under their inherently risky fractional reserve policies. It was absolutely established to serve as institutional moral hazard. Do you think I'm trying to blame some evil cabal of private, jewish banking families? I'm not. Let me repeat that: I am not one of those people. "It's the government, stupid!"

What do you think "To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures" means? It does not grant the federal government the power to emit bills of credit ie fiat currency. It certainly doesn't establish the power to create the fed. Hamilton claiming that the federal government had the implied power to establish a central bank was a load of bullshit and was shown to be by Jefferson(though the charter still became law).

1) There is a difference between monetary inflation and price inflation. 2) They have not maintained low monetary inflation. 3) The metrics they use for measuring price inflation are manipulated 4) That they have generally managed to maintain low CPI is of little significance 6) The fed has donkey fucked the dollars purchasing power.

The price deflation boogeyman is bullshit. Oooohhh, sticky prices will cause inefficiencies!!!! Market Failure! The market system is self correcting. Some of the most vigorous growth the US underwent in the 19th century coincided with price deflation. Price deflation that occurs due to increasing productivity is not necessarily bad. Price deflation that occurs due to a rapidly shrinking money supply is the symptom of something bad. Anyway, I support free banking and not a state imposed gold standard or 100% reserve banking system so deflation is not a given in my preferred monetary system.

Not sure why what I said would make you say any of that.


Quote:

The stunning ignorance of this screed impresses.




The mediocre bullshit of this reply was expected. :grin:

Quote:

Social safety net applied to liberally.  Which has nothing to do with the Fed.




I don't think the state would have been able to grow as much as it has, especially not deficit spend long term, without a central bank.

Quote:

It wouldn't have any effect at all.  The state will decide how much it takes no matter what.  And why should the profits of commodity speculation have preferential tax treatment?  It doesn't actually create much of anything, including employment.




I'm not sure if it would have much effect considering how ignorant and apathetic toward monetary issues most people are. It would be a start though. Gold is money. Using money should not be taxed as "commodity speculation." I advocate against all coercive taxation so I certainly don't want any kind of preferential tax treatment, but neither do I have any delusions that taxes would or could be abolished all at once. Savings, investment, and capital formation are the engine of increasing productivity and economic growth; the central bank and it's policies retard it.


--------------------
I'm a nihilist. Lets be friends.

bang bang


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Offlinezappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
Re: Poll and Discussion: Ron Paul's 2012 Presidential Campaign [Re: d33p]
    #15142028 - 09/27/11 01:40 PM (12 years, 4 months ago)

All taxation is coercive.  The state could grow all it wants to with or without a central bank.  The Treasury can print all the money it wants with or without a Fed.  The populace is not apathetic and ignorant about money issues.  Most of them want more in their pocket and will elect politicians who will give it to them and take it from the other.  This has nothing to do with central banking or monetary policy.

You are tilting at the wrong windmill, grasshopper.


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Invisiblegamer4life
Natures Child
Male


Registered: 05/29/10
Posts: 810
Re: Poll and Discussion: Ron Paul's 2012 Presidential Campaign [Re: zappaisgod]
    #15157679 - 09/30/11 11:57 AM (12 years, 4 months ago)

Another reason to vote for Ron Paul-
Rand Paul says-

Dear fellow Patriot,

Gun-grabbers around the globe believe they have it made.

Secretary of State Hillary Clinton recently announced the Obama Administration will be working hand-in-glove with the UN to pass a new “Small Arms Treaty.”

Disguised as an “International Arms Control Treaty” to fight against “terrorism,” “insurgency” and “international crime syndicates,” the UN Small Arms Treaty is in fact a massive, GLOBAL gun control scheme.

I’m helping lead the fight to defeat this radical treaty in the United States Senate and I want your help.

Please join me by taking a public stand against this outright assault on our national sovereignty by signing the Official Firearms Sovereignty Survey. (Link at bottom to sign)

Ultimately, the UN Small Arms Treaty is designed to register, ban and CONFISCATE firearms owned by private citizens like YOU.

So far, the gun-grabbers have successfully kept the exact wording of their new scheme under wraps.

But looking at previous versions of the UN Small Arms Treaty, you and I can get a good idea of what’s likely in the works.

If passed by the UN and ratified by the U.S. Senate, the UN Small Arms Treaty would almost certainly FORCE the U.S. to:
*** Enact tougher licensing requirements, making law-abiding Americans cut through even more bureaucratic red tape just to own a firearm legally;

*** CONFISCATE and DESTROY ALL “unauthorized” civilian firearms (all firearms owned by the government are excluded, of course);

*** BAN the trade, sale and private ownership of ALL semi-automatic weapons;

*** Create an INTERNATIONAL gun registry, setting the stage for full-scale gun CONFISCATION.

I'm sure I don't have to tell you that this is NOT a fight we can afford to lose.

Ever since its founding 65 years ago, the United Nations has been hell-bent on bringing the United States to its knees.

To the petty dictators and one-world socialists who control the UN, the United States of America isn’t a “shining city on a hill” -- it’s an affront to their grand designs for the globe.

These anti-gun globalists know that so long as Americans remain free to make our own decisions without being bossed around by big government bureaucrats, they’ll NEVER be able to seize the worldwide power they crave.

And the UN’s apologists also know the most effective way to finally strip you and me of ALL our freedoms would be to DESTROY our gun rights.

That’s why I was so glad to hear that the National Association for Gun Rights is leading the fight to stop this assault on our Constitution!

The truth is there’s no time to waste.

You and I have to be prepared for this fight to move FAST.

The fact is the last thing the gun-grabbers at the UN and in Washington, D.C. want is for you and me to have time to mobilize gun owners to defeat this radical legislation.

They’ve made that mistake before, and we’ve made them pay, defeating EVERY attempt to ram the UN Small Arms Treaty into law since the mid-1990s.

But now time may not be on our side.

In fact, we’re likely to only have a few weeks to defeat the treaty when they make their move.

And we definitely don’t have a President in the White House who will oppose this treaty.

So our ONE AND ONLY CHANCE to stop the UN Small Arms Treaty is during the ratification process in the U.S. Senate.

As you know, it takes 67 Senate votes to ratify a treaty.

With new pro-gun champions joining me in the Senate, rounding up enough votes to kill this thing should be easy, right?

Unfortunately, that couldn’t be further from the truth.

Even with the Republican tidal wave in 2010, there still isn’t a pro-gun majority in the Senate to kill ratification of the treaty.

You know just as well as I do how few Senators are truly “pro-gun.”

Not only that, but many Senators get “queasy” about killing treaties for fear of “embarrassing” the President -- especially with “international prestige” at stake.

They look at ratifying treaties much like approving the President’s Supreme Court nominees.

Remember how many Senators turned their back on us and voted to confirm anti-gun Supreme Court Justice Sonia Sotomayor?

A dozen more only voted against Sotomayor after receiving massive grassroots pressure from the folks back home.

So if we’re going to defeat the UN Small Arms Treaty gun owners have to turn the heat up on the U.S. Senate now before it’s too late!

Do you believe the U.S. Constitution, the Bill of Rights, and the Second Amendment are the supreme law of the land?

Do you believe any attempt by the United Nations to subvert or supersede your Constitutional rights must be opposed?

If you said “Yes” to these questions, please sign the survey the National Association for Gun Rights has prepared for you.

Your survey will put you squarely on the record AGAINST the UN Small Arms Treaty.

Sincerly,
Senator Rand Paul

Sign the Survey to Protect our 2nd admendment


--------------------
Legalize!
  Stop putting our children in prisons.


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