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Old 03-14-2016, 10:31 AM
 
9,981 posts, read 8,589,364 times
Reputation: 5664

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Both the Republicans and Democrats have destroyed this country.

I know Trump may not be ideal but give him a chance.
He wants to do the right thing. He's not seeking to reduce
entitlements and wants to fight the special interests, such
as the pharmaceutical industry.
Ever wonder why 90% of the ads on cable news are pharmaceutical ?

Out of all the candidates Trump is the only one who might help buy
America enough time to turn this around.
Otherwise we are going to collapse. This is real !!
I am preparing to leave the US if Trump doesn't win because
it's really going to collapse and there will be martial law !!!!!!!!!!
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Old 03-14-2016, 11:10 AM
 
Location: Texas
38,859 posts, read 25,535,277 times
Reputation: 24780
Lightbulb Why do Republicans pretend to believe in economics?

W-w-w-wait a minute!

I hope you're NOT saying that tax cuts, trickle-down and deregulation (the policy that gave us the 2008 Great Recession) isn't economics!

Maybe "voodoo" economics.

I know some on here are old enough to recall 1980.

What is Voodoo Economics? (with pictures)

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Old 03-14-2016, 11:30 AM
 
Location: NJ
23,548 posts, read 17,223,445 times
Reputation: 17583
Quote:
Originally Posted by Logicist027 View Post
Whenever the talk of the minimum wage comes up, Republicans want to quote economics as a rationale for not moving the minimum wage. However they don't seem to want to accept general opinion from almost everyone on:

Immigration: Net small positive for Americans

https://www.washingtonpost.com/news/...t-immigration/

Free trade: More free trade is a good thing. Stop with the anti-China mercantilism.

Negative externalities: Pollution is a market failure. Even Milton friedman supported taxes to support the environment. He likely would have supported carbon taxes.


https://www.youtube.com/watch?v=KH0O_JjH06k


So why do Republicans go against immigration, trade & block pollution taxes?
False assumption.


Liberal logic refuses to acknowledge that all these issues have a balance point. Ask a liberal for a glass of water and they drown you with 5,000 gallons dumped in your 8 oz cup in one shot. then accuse you of not liking water if yopu complain.
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Old 03-14-2016, 11:32 AM
 
26,694 posts, read 14,561,042 times
Reputation: 8094
Quote:
Originally Posted by Old Gringo View Post
W-w-w-wait a minute!

I hope you're NOT saying that tax cuts, trickle-down and deregulation (the policy that gave us the 2008 Great Recession) isn't economics!

Maybe "voodoo" economics.

I know some on here are old enough to recall 1980.

What is Voodoo Economics? (with pictures)

Trickle-down is how the economy works. Go read any Economy 101 book please.

The deregulation isn't bad. What's bad is not holding people accountable. Were any bankers put in jail for lying in their security dealings? You can't blame Republicans for that. Democrats have done just as much which is nothing.
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Old 03-14-2016, 11:40 AM
 
Location: Texas
38,859 posts, read 25,535,277 times
Reputation: 24780
Quote:
Originally Posted by lifeexplorer View Post
Trickle-down is how the economy works. Go read any Economy 101 book please.

The deregulation isn't bad. What's bad is not holding people accountable. Were any bankers put in jail for lying in their security dealings? You can't blame Republicans for that. Democrats have done just as much which is nothing.
Check out the Gramm, Leach, Bliley Act. A pure Pub piece of legislation that deregulated the finance sector, allowing those risky investments to accumulate in the "too big to fail" Wall St firms that resulted from that very same deregulation.

Pure right wing economic genius!

More here:

https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act

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Old 03-14-2016, 11:52 AM
 
26,694 posts, read 14,561,042 times
Reputation: 8094
Quote:
Originally Posted by Old Gringo View Post
Check out the Gramm, Leach, Bliley Act. A pure Pub piece of legislation that deregulated the finance sector, allowing those risky investments to accumulate in the "too big to fail" Wall St firms that resulted from that very same deregulation.

Pure right wing economic genius!

More here:

https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act

Assuming what you said is correct, this bill was passed by overwhelming bipartisan support! Why pin this on the Republicans?

https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act
"On November 4, the final bill resolving the differences was passed by the Senate 90–8,[18][note 4] and by the House 362–57.[19][note 5] The legislation was signed into law by President Bill Clinton on November 12, 1999.[20]"
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Old 03-14-2016, 12:02 PM
 
Location: Texas
38,859 posts, read 25,535,277 times
Reputation: 24780
Quote:
Originally Posted by lifeexplorer View Post
Assuming what you said is correct, this bill was passed by overwhelming bipartisan support! Why pin this on the Republicans?
It was 100% their legislation.

Gram, Leach and Bliley = all Pubs.

Quote:
https://en.wikipedia.org/wiki/Gramm%...0%93Bliley_Act
"On November 4, the final bill resolving the differences was passed by the Senate 90–8,[18][note 4] and by the House 362–57.[19][note 5] The legislation was signed into law by President Bill Clinton on November 12, 1999.[20]"
Yes, too many Dems voted for that Pub bill. But it would have passed anyway.

We'd all be so much better off today if Clinton would have vetoed it instead of signing it.

And darn those Dems for not stopping the Pubs from ruining the economy.

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Old 03-14-2016, 12:19 PM
 
Location: Prepperland
19,023 posts, read 14,201,797 times
Reputation: 16747
Quote:
Originally Posted by GregW View Post
I am still trying to figure out what JETGRAPHICS is talking about. I suppose he means to have a scarce resource backed currency but I am not certain. JG what are you talking about?

So what is that bunch of zillionaires can't borrow enough money to capture a Platinum Asteroid? Even if they could the recovery of that much metal would drive the price so low that business would never make any profit. So why not let the governments create, by some economic magic, enough to pay everyone to go get the Platinum and share that metal when it is brought to some place it can be used. That would be useful to make pollution control devices on every coal fired power plant on the planet.
Forgive my lack of clarity.
The point is : the world is MONEY MAD. INSANE. BARKING AT THE MOON CRAZY.

There is no correlation between the marketplace of goods and services and the supply and value of the circulating medium of exchange.

As this question (from the Fed Res site) succinctly points out:
Q: How much U.S. currency is in circulation?
A: There was approximately $1.4 trillion in circulation as of February 18, 2016, of which $1.38 trillion was in Federal Reserve notes.
($4,312.50 per capita)
How can all the accounts and stocks be "cashed out" when the amount of currency is so small?

How can one believe in "value" measurable in dollar bills / federal reserve notes, when the total sum is small fraction of the marketplace (if evaluated in money tokens)?
INSANE.

Reality is composed of population, resources, tools that multiply labor, and the surplus usable goods and services that can be generated.

But money mad societies are fixated on the PRICE, in money, for everything. And as your reply points out, you are infected with the madness, too.
Quote:
"Even if they could the recovery of that much metal would drive the price so low that business would never make any profit."
Profit and price are symptoms of money madness.

And, no, we cannot go back to the "Gold standard."
The national debt (19+ trillion dollars) can never be paid.
Coining all the gold in Ft Knox would only result in 2.9 billion dollars (gold).
Coining all the world's known gold stocks would only result in 112 billion dollars (gold).
(Pursuant to the Coinage Act of 1792,et seq)

Exactly WHAT did CONgress borrow to rack up owing 19+ trillion dollars?
CONgress has a lot of explaining to do...
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Old 03-14-2016, 12:33 PM
 
29,520 posts, read 19,612,482 times
Reputation: 4542
Quote:
Originally Posted by DCforever View Post
A balanced budget amendment is theater and bad policy, but If you are referring to the Party of Clinton, he did balance the budget. The Republicans promptly put us back into a deficit.
Congress passes budget. What party was in charge of Congress when we had a balanced budget under Clinton?
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Old 03-14-2016, 12:36 PM
 
52,431 posts, read 26,618,587 times
Reputation: 21097
Quote:
Originally Posted by Logicist027 View Post
Whenever the talk of the minimum wage comes up, Republicans want to quote economics as a rationale for not moving the minimum wage. However they don't seem to want to accept general opinion from almost everyone on:

The biggest failure that I see here is the belief there is some sort of difference between the Republican and Democrat establishment on the issues you raise.

Until you get past that, you won't be able to view this in any kind of objective manner.
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