Look at what you are paying

[shadows]

OK, shadows, time to step up or shut up ...

As president, what would you do that would improve the economy in a real way, get through the Congress, and still pass constitutional muster?

You seem to think a lot of policies suck; what policies would you implement wouldn't cause a huge disruption to the national and world economy?

Since we have a living constitution that grows each day and if I were president the first order of the day would be "keep those engines running on Airforce 1", then "make reservations in several countries that might be friendly", then "load about a dozen of those gold bars on board", and put a sign on the door saying "on vacation".

Second I would consider the gravitation pull of the sun that is holding the planets of our solar system in orbit and the hundreds of  year old prediction of the aligning of the planets in 2012, that may cause disrupting earthquakes to increase along with massive hurricanes and say "what to hell there is no place to run as on earth we keep the wars going since we started recording time".  Then lets get aboard and head for Hawaii.

The conditions that exist today duplicate the condition of wealth v. poverty v. slavery since the days of the building of the great pyramids.  Only by wars have we been able to momentarily solved our problems.  The circle cannot be broken. 

[rwarn17588]

^^ Well, so much for a serious discussion, then. 

Unless you truly are serious. Then it's a case of insanity.

[shadows]

^^ Well, so much for a serious discussion, then. 

Unless you truly are serious. Then it's a case of insanity.

Being the solution of barter of exchange has escaped reality through the recorded centuries contributing to the insanity of this species of animals, then I should fit well within that category.  One is unable to pick one's self up before they have fallen.  Any solution I would have would be a change of government and monetary system which would create more conversation that would be allowed on this form.  It will come to pass and those who perpetrate it will object to it also. 

[TURobY]

Since we have a living constitution that grows each day and if I were president the first order of the day would be "keep those engines running on Airforce 1", then "make reservations in several countries that might be friendly", then "load about a dozen of those gold bars on board", and put a sign on the door saying "on vacation".

Second I would consider the gravitation pull of the sun that is holding the planets of our solar system in orbit and the hundreds of  year old prediction of the aligning of the planets in 2012, that may cause disrupting earthquakes to increase along with massive hurricanes and say "what to hell there is no place to run as on earth we keep the wars going since we started recording time".  Then lets get aboard and head for Hawaii.

.....dude, what?

[rwarn17588]

Being the solution of barter of exchange has escaped reality through the recorded centuries contributing to the insanity of this species of animals, then I should fit well within that category.  One is unable to pick one's self up before they have fallen.  Any solution I would have would be a change of government and monetary system which would create more conversation that would be allowed on this form.  It will come to pass and those who perpetrate it will object to it also. 

I think we need the bunny with a pancake photo. 

[swake]

.....dude, what?

All he is saying, all he ever says is, government is bad and I don't want to pay taxes. He doesn't give a crap about anything other than not paying taxes.

[Hoss]

I think we need the bunny with a pancake photo. 

Ask and ye shall receive

[shadows]

All he is saying, all he ever says is, government is bad and I don't want to pay taxes. He doesn't give a crap about anything other than not paying taxes.

One cannot believe that government is bad when ours is possibly the worlds largest employer. 

What is bad is that taxpayers supporting them are becoming the minority.

[dbacks fan]

Ask and ye shall receive

Hmmmm, a non fattening pancake.........

Any one have some maple syrup? You know, for the pancake?

[heironymouspasparagus]

Question of the day;  what color is the sky in Shadow's world?
There WERE a couple sentences in all those that were almost coherent....almost.  Not.
Reminded of a song; "whiskey, whiskey, my old friend...I've come to visit you again."  And from that era, too.

Couple of things.  From 1932 to 1936 (approx), the policies Roosevelt started made significant progress.  The problem is the problem was WAY TOO big.  "Official" unemployment compliments of Hoover was over 25%.  After 4 years of Roosevelt, it was around 12%.  Still horrendous, and still worse then we see today, but considering the "give the store away" approach that government allowed the robber barons, it was a heck of a change.

And just think, if it had not been for the Civilian Conservation Corp of later '30s, you would have spent much more and had tremendous delays to build the National Park system and most of the state park systems you enjoy today.

And getting off the precious metal standards was the biggest single item that has allowed the growth of our economy that we have all enjoyed since then.  The magic of the discount rate and minimum reserve and the federal money supply...M1 through M3 and MZM.  (Metro-Zoldwyn-Mayor??)

And regulation of bank excesses...until 1999.

[DanoDan]

All he is saying, all he ever says is, government is bad and I don't want to pay taxes. He doesn't give a crap about anything other than not paying taxes.

Then if he's a Tulsan, he must have voted against the BOK Center.

[shadows]

And getting off the precious metal standards was the biggest single item that has allowed the growth of our economy that we have all enjoyed since then.  The magic of the discount rate and minimum reserve and the federal money supply...M1 through M3 and MZM.  (Metro-Zoldwyn-Mayor??)
And regulation of bank excesses...until 1999.

When we went off the backing of currency with metal we only made available the debit spending of which is today approaching or has already passed those of governments that have defaulted.  We have an over abundance of workers in the work force that has been caused by the outsourcing of our once world industrial standing.  Our balances of trade with unsecured currency has gotten to where the dollar must be exchanged for the euro in the world bank in payments for imports.  Congress in 1933, under direction of Roosevelt, deleted the gold standard.  In 1934 Roosevelt devaluates the dollar. This leaves the children who will inherent the debit with a fist full of paper but the foreign investors can use them to buy the lands the children should inherent.

The removal of the banking act in 1999 that restricted the banks from over extending their assets, contributed to this monetary crisis that is not going away and the bailouts only contribute to the cause.         

[heironymouspasparagus]

Finally, a rational statement.  The Glass-Steagoll act should be reinstated now.

As for the first paragraph, yes.  Exactly.  That is what gave us the economy that gave us the best standard of living in the world.  Losing gold as reference is what allowed us to grow.

It has been estimated that all the gold mined up to 2006 totaled 158,000 tonnes.(Wiki)  At a price of US$1000 per oz., one ton of gold has a value of approx. US $32.15 million. The total value of all gold ever mined would exceed US$5 trillion at that valuation.  Or only about 1/3 of the value of our economy.  Not to mention the rest of the world - and they would probably have some of that, too.  (And the ton in that estimate may be 16 oz lbs, so the estimate would be even higher than reality.)

So, all the clowns out there who are peddling gold right now (listen to KRMG!) are completely oblivious as to how the world economy works.  And works pretty well, until governments allow the robber baron in the corporate world to run rampant all over us.


 

[sauerkraut]

IMO it's a combo of things, the loss of jobs and many jobs are lost because of goverment high taxes & regulations that chase companies overseas, the corp. tax rate should be cut form 35% to 10% that would help our economy alot- The USA has one of the worlds highest corp. tax rates. Too many unskilled  foreign workers coming in from all over the globe both legal & illegal that flood the labor market. The "Cap & trade" thing that Obama wants will kill our economy, they even admit that passing it will cost another 2.5 million more jobs. The gold craz thing is also a rip off, and the buying  gold coins is even worse, gold is over priced as it is and is due for a big correction. It's a mess. 

[nathanm]

The only people who want to see us back on the gold standard are people who own a bunch of gold. Think about it. If they get the rubes to force Congress to do that, the price of gold will necessarily have to increase. Great for people who own it. Terrible for all the industries that require it to make things.