tag:blogger.com,1999:blog-3758330678390419129.post4683803958713994703..comments2024-02-13T02:39:22.756-05:00Comments on EconomicPolicyJournal.com: Insiders Must Be Really Worried about Ron PaulRobert Wenzelhttp://www.blogger.com/profile/14296920597416905488noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-3758330678390419129.post-74204694872252650542012-01-27T15:02:21.995-05:002012-01-27T15:02:21.995-05:00Even if you abolish the federal reserve, the US mi...Even if you abolish the federal reserve, the US military and their friends: Coca-Cola, Monsanto, Nestle, Du-Pont, Chevron etc... still exist. The US military relies on excess food production to exert huge economic influence over the world. Having 5000 more nukes than the next guy isn't helpful if they have 5000. The threat of economic sanctions gives America the free reign to do as they Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-67253585046730522062011-08-26T16:34:36.905-04:002011-08-26T16:34:36.905-04:00I'm admittedly mostly ignorant in these matter...I'm admittedly mostly ignorant in these matters, but the more I learn, the more it looks to me like the bottom line reason to have a central bank is to try to limit the mess when the fractional reserve system hits the fan. Maybe one day I'll become as smart as Roubini and realize where I'm wrong, but until then I'm behind Ron Paul despite differences of opinion on other matters.Devhttp://finance.yahoo.com/noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-86188853882444645212011-08-22T22:23:33.244-04:002011-08-22T22:23:33.244-04:00In addition to Paul now running in third in Iowa a...In addition to Paul now running in third in Iowa and New Hampshire at 16 and 14 percent, and beating perry by five percent in Texas, Paul also just raised 1.8 million dollars in online fundraising just for Paul's birthday! <br /><br />With good solid money coming in, good organization, the most passionate supporters of a candidate I have personally ever seen, and his internet army of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-4884561654794098892011-08-22T14:45:07.426-04:002011-08-22T14:45:07.426-04:00Even if we accept his premise that central banks w...Even if we accept his premise that central banks were created to mitigate previously "frequent, nasty, virulent" boom/bust cycles, we would still be faced with the fact that, as far as their role in preventing or reducing the effects of those booms and busts is concerned, the central banks have utterly and completely failed.Brianhttps://www.blogger.com/profile/16014392702556826275noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-23991169321342845932011-08-21T23:41:03.813-04:002011-08-21T23:41:03.813-04:00Sweet. Was wondering how I'd tweak tomorrow...Sweet. Was wondering how I'd tweak tomorrow's headline. Now it's settled.Bob Englishhttps://www.blogger.com/profile/14790005723107501043noreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83100762894908030802011-08-21T18:01:29.673-04:002011-08-21T18:01:29.673-04:00The fundamental problem is gov't intervention ...The fundamental problem is gov't intervention in the economy at all. Gov't needs to enforce contracts, laws against fraud and negligence, but stay out of the markets. Markets set prices and prices drive decisions. By manipulating money supply, the Feds create confusion and immorally transfers wealth. Whatever monetary system the US adopts, it must be insulated from gov't influence andAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-13388940540034891382011-08-21T17:21:24.257-04:002011-08-21T17:21:24.257-04:00One of the things that continually amazes me are t...One of the things that continually amazes me are the comments from Keynesians like <a href="http://twitter.com/#!/Nouriel/status/105315758980071425" rel="nofollow">this one</a>:<br /><br /><i>Last 3 US recessions (1990, 2001, 2007-09) caused by boom/busts caused by PRIVATE sector's manias/panics: S&L, tech bubble, housing bubble</i><br /><br />BASIC economics says that people are affectedAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-74552968008103643812011-08-21T16:33:53.239-04:002011-08-21T16:33:53.239-04:00According to Krugman, the Austrians have recently ...According to Krugman, the Austrians have recently acquired a “real and really bad influence” upon monetary policy.<br /><br />http://krugman.blogs.nytimes.com/2011/08/15/mmt-again/<br /><br />With this being the case, I’m simply amazed that the establishment is putting up such a flaccid and pathetic response. I’m glad, but expected much more. I guess there is no response to be made and we’ve Bob Roddisnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-8348372348747234232011-08-21T16:15:44.306-04:002011-08-21T16:15:44.306-04:00Nothing new here. We can all still rest assured t...Nothing new here. We can all still rest assured that no anti-Austrian has the slightest familiarity with or understanding of our ideas.Bob Roddisnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-71822763617839901452011-08-21T13:35:10.509-04:002011-08-21T13:35:10.509-04:00Roubini's flying off the handle! Before the en...Roubini's flying off the handle! Before the end of the day his whole front page is going to be basically the same tweet. I'm imagining him in a complete frenzy firing these things off.<br /><br />How many great depressions have we experienced since the creation of the Fed (assuming that what we're currently crawling through is going to be looked back on as the second great depression)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-8452393396722361272011-08-21T13:31:25.191-04:002011-08-21T13:31:25.191-04:00Here's one reason why:
"Ron Paul Polling...Here's one reason why:<br /><br />"Ron Paul Polling 10x Stronger in August 2011 vs August 2007<br /><br />By Eric Ostermeier on August 18, 2011<br /><br /><br />Although he has been (famously) ignored by much of the media during the 2012 election cycle (vis-à-vis his relative standing in the GOP field), Texas congressman and presidential candidate Ron Paul is polling at approximately 10 Lila Rajivahttp://www.mindbodypolitic.comnoreply@blogger.comtag:blogger.com,1999:blog-3758330678390419129.post-83101686856914656662011-08-21T12:26:00.605-04:002011-08-21T12:26:00.605-04:00"Bubbles, boom/busts, financial crises were v..."Bubbles, boom/busts, financial crises were virulent/endemic to capitalism well before central banks were created. Fed created to stop that"<br /><br />And it's done a great job hasn't Roubini?Richiehttps://www.blogger.com/profile/08214872228234094199noreply@blogger.com