What happened to all of the doom and gloom economic threads?

[rosco rathbone]

Good read...



http://article.nationalreview.com/print/?q=MjAwMWM2M2YxNGZlYjZmNjkwNDYxY2YyYzRhYmIwYjQ=

This book would flip your wig:

http://books.google.com/books?id=6PMuExCtMe8C&dq=l+randall+wray&source=gbs_navlinks_s

 

[Frisco_Slug_Esq]

This book would flip your wig:

http://books.google.com/books?id=6PMuExCtMe8C&dq=l+randall+wray&source=gbs_navlinks_s

Yeah, I don't have all day for the excerpts to load...



Don't think it's possible.

 

[rosco rathbone]

Yeah, I don't have all day for the excerpts to load...



Don't think it's possible.

What are you, on dialup?

 

[Frisco_Slug_Esq]

Satellite...






I opened it and after three minutes, I finally had the book cover...

Another minute garnered me the table of contents.

All I need to know is that HIS school of thought is pretty much in the White House; Obama's gonna end the business cycle, like that hasn't been tried before...

 

[rosco rathbone]

Satellite...






I opened it and after three minutes, I finally had the book cover...

Another minute garnered me the table of contents.

All I need to know is that HIS school of thought is pretty much in the White House; Obama's gonna end the business cycle, like that hasn't been tried before...

It goes a lot farther than that. It's a totally different way of thinking about money.

 

[Frisco_Slug_Esq]

It goes a lot farther than that. It's a totally different way of thinking about money.

I see.

 

[unregistered]

 

[Frisco_Slug_Esq]

Yeah, the government...

I see...

I'll stick with the dead Austrians.
__________________
"The more communal enterprise extends, the more attention is drawn to the bad business results of nationalized and municipalized undertakings. It is impossible to miss the cause of the difficulty: a child could see where something was lacking. So that it cannot be said that this problem has not been tackled. But the way in which it has been tackled has been deplorably inadequate. Its organic connection with the essential nature of socialist enterprise has been regarded as merely a question of better selection of persons. It has not been realized that even exceptionally gifted men of high character cannot solve the problems created by socialist control of industry."
Ludwig Heinrich Edler von Mises

 

[Luk]

Not a bad week.

http://i26.tinypic.com/2chnqqv.jpg

http://www.dowjones.com/

 

[mercury14]

I skimmed a few pages and every other concept involves the government. I think the solution to our economic woes is the large scale dismantling of the bloated government, a return to constitutional structures that err on the side of freedom and not on the side of additional government power, return to a gold standard that removes the control of the means of exchange from the hands of the government and return it to the market place where it belongs. The American experimentation with Socialism and the liberal flirtation with Communism has failed.

What do you want to cut?

Stop calling for "smaller government" while advocating for little or no specific cuts of any size. It makes you look like Sarah Palin.

 

[busybody..]

What do you want to cut?

Stop calling for "smaller government" while advocating for little or no specific cuts of any size.

coward

 

[unregistered]

 

[Beco]

Well hell, let's start off with the IRS, institute a flat tax and say good bye to the biggest oppressive loser in Washington. let's privatize the Post Office. Let's cut in half the EPA, The Department of Energy, and repeal Obamacare. How's that for openers?

Homeland Defense is a big cluster fuck

 

[mercury14]

Well hell, let's start off with the IRS, institute a flat tax and say good bye to the biggest oppressive loser in Washington. let's privatize the Post Office. Let's cut in half the EPA, The Department of Energy, and repeal Obamacare. How's that for openers?

Not very substantive at all.

1) Seriously, Obamacare isn't a significant contributor to the deficit. It contributes to tax burden, especially on those making 250k+. But get off it.

2) The EPA has a 10 billion budget for 2011. So you're saving 5 billion there by cutting it in half, which isn't substantive. Sorry, but the EPA is pretty cheap. Source: http://www.epa.gov/budget/2011/2011bib.pdf

3) Privitizing the USPS? That's not going to save real money either. The Post Office pays for itself and lost 3.8 billion last year largely due to the recession. Cutting back Saturday service eliminates almost all of that. This is pocket change. Source: http://www.dmnews.com/despite-budget-usps-cfo-backs-5-day-week/article/163693/

4) The US Dept of Energy has a 39 billion budget. Cut it in half and you save 19.5 Billion. Source: http://www.docstoc.com/docs/8266570/2010-US-Department-of-Energy-Budget


So you just cut 24.5 billion. And at the cost of greater environmental degradation, a less safe environment, degraded air quality (let's have air like Beijing!), more mercury and cadmium in our diets, massive cuts in America's quest to reduce its dependence on foreign oil, reduction in nuclear power and how well we secure/handle waste.

And you probably wiped out a big chunk of America's emergency energy fund. All for very small cuts that aren't going to make much difference.

 

[unregistered]

 

[unregistered]

 

[mercury14]

The IRS has a 12 billion budget. Source: http://www.gao.gov/new.items/d09754.pdf

Again, this is pocket change. And again, you're pressing your political agenda rather than advocating for meaningful cuts.

 

[mercury14]

The rest...well. you need to reconsider the totality of their actions.

The totality of their actions? Like the EPA keeps cadmium out of our food? And that saves potentially legions of people from developing cancer and other horribly debilitating illnesses?

The EPA costs 10 billion, but we get some savings out of that.

 

[Frisco_Slug_Esq]

Not a bad week.

http://i26.tinypic.com/2chnqqv.jpg

http://www.dowjones.com/

And one week, a recovery makes...

 

[unregistered]

 

[Frisco_Slug_Esq]

The totality of their actions? Like the EPA keeps cadmium out of our food? And that saves potentially legions of people from developing cancer and other horribly debilitating illnesses?

The EPA costs 10 billion, but we get some savings out of that.

Is it keeping it out of the landfills?

What about these "mercury" bulbs we're being forced to use?

You really think a lot of people are going to make a concerted effort to triple-bag them and turn them in to the EPA?

Exactly what would be "the savings?"

 

[jeninflorida]

USPS is losing money cuz they are driving away customers!

obama puts in a guy (while congress is out) that WANTS TO RATION obamacare! people will freak out when he or she gets put on a waiting list!

also by cutting the government in 1/2 you are saving a ton of cash via PENSIONS!

now, I love the USPS...and the way to cut expenses program....solution jack up the rates even higher! think the usps lost some 21 billion letters last year and with this new stamp increase they will lose even more business.

government is clueless on ways to save money....the recession is kicking everyone's ass except those in government....after all with obama government is good! 20 years ago hot jobs were Dr's and Attornies....10 years ago it was a Web Developer....today the #1 job is GOVERNMENT

obama wasted billions on this stimulas....and he promised, let us spend 800 billion and unemployment will not stay under 8%...well that was a LIE!

you will say, bush this .... bush that....and that obama didn't know how bad the recession was. oh that makes me feel better, that obama is clueless! we all know that Joe is lost in space, is obama lost also?

Not very substantive at all.

1) Seriously, Obamacare isn't a significant contributor to the deficit. It contributes to tax burden, especially on those making 250k+. But get off it.

2) The EPA has a 10 billion budget for 2011. So you're saving 5 billion there by cutting it in half, which isn't substantive. Sorry, but the EPA is pretty cheap. Source: http://www.epa.gov/budget/2011/2011bib.pdf

3) Privitizing the USPS? That's not going to save real money either. The Post Office pays for itself and lost 3.8 billion last year largely due to the recession. Cutting back Saturday service eliminates almost all of that. This is pocket change. Source: http://www.dmnews.com/despite-budget-usps-cfo-backs-5-day-week/article/163693/

4) The US Dept of Energy has a 39 billion budget. Cut it in half and you save 19.5 Billion. Source: http://www.docstoc.com/docs/8266570/2010-US-Department-of-Energy-Budget


So you just cut 24.5 billion. And at the cost of greater environmental degradation, a less safe environment, degraded air quality (let's have air like Beijing!), more mercury and cadmium in our diets, massive cuts in America's quest to reduce its dependence on foreign oil, reduction in nuclear power and how well we secure/handle waste.

And you probably wiped out a big chunk of America's emergency energy fund. All for very small cuts that aren't going to make much difference.

 

[Ulaven_Demorte]

USPS is losing money cuz they are driving away customers!

This should be good news yes?

After all, they didn't manage to drive Fed-Ex and UPS out of business with "unfair" competition.

 

[jeninflorida]

like anyone in government knows/understands about customer service

when people in government have power, they act like the irs

This should be good news yes?

After all, they didn't manage to drive Fed-Ex and UPS out of business with "unfair" competition.

 

[Beco]

USPS is losing money cuz they are driving away customers!

Thats not why, their business model is broken, mail use peaked back in 2006, the times they are a changing.....people communicate differently now. They need to let UPS and Fedex take over managment