| Author |
Topic:
We Bailed Out Bankers and They Are Still Pissing On Us [Locked] |
Ashmaele  Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Brother_Tempus posted:
Ashmaele posted:
Clearly the best way to fix a consumer economy is to SAVE SAVE SAVE!
FInally someone gets it ... but that is 1/2 the solution ... the other 1/2 is to produce goods ( not services)
It's really a four-step process:
Step #1: Ramp up production of consumer goods.
Step #2: Have those goods sit on store shelves, unpurchased and unused (because, you know, we're not spending we're saving
Step #3: ?????
Step #4: Profit 
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Brother_Tempus posted:
Sin_of_Onin posted:
Like I said
you haven;t said anything ... that's the problem
I stated facts which you deleted.
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"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Desnoxvu  Posts: 363
Registered: 2002-3-21 11:48:50
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Brother_Tempus posted:
Sin_of_Onin posted:
Like I said
you haven;t said anything ... that's the problem
Sin doesn't know anything. A bailout of over 17 trillion dollars over the last 4 years and he says this doesn't mean anything.... I doubt he has ever done any research on Keynesianism which is the theory that they are using for our economic system. I doubt he has ever read anything by Ludwig Von Mises or Murray Rothbard.
People like him claim superiority by being brash and distorting reality by absolutely false statements. It isn't like this is a new game by the statis quo facists that have given us so much poverty throughout the centuries.
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Ron Paul 2012
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Desnoxvu posted:
People like him claim superiority by being brash and distorting reality by absolutely false statements.
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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Yukishiro1 Posts: 3,243
Registered: 2002-9-20 23:52:57
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
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The way Paulbots talk about von Mises and co remind me of the way devout Catholics talk about their various saints they pray to.
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reesescups Title: //Captain America
Posts: 2,537
Registered: 2003-5-26 14:45:53
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
I bet if we double down on the Busama Tax Cuts they'd stop pissing on us!
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"man up, you wimp." - Groucho48
"I'm not racist at all." - dae_trist
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Sin_of_Onin Posts: 1,307
Registered: 2005-6-29 08:21:12
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
So Des you are asserting, like BT, that the reason that Goldman Sachs is able to sell clients investments based on the interest of the company and not the client is because they were bailed out? Please explain to everyone why the bailout happened and how it relates to this issue specifically.
Mises never gets past basic economics. It is like all of those people who take econ 101 and think the world would be made up of simplistic and perfect markets if the government just didn't exist. Clueless morons who fail at math and at understanding reality. It makes it really hard to study econ when you don't use math or reality in your study.
Also obligatory reminder of the free market at work...
-----signature-----
"Okay... I'm with you fellas" --Delmar
F is for Fake-believe
"We apologise for the inconvenience" --God
"What Jesus fails to appreciate is that it's the meek who are the problem"--Reg
Run, Forrest! Run!
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Brother_Tempus  Title: Patriot
Posts: 985
Registered: 2001-1-9 08:07:00
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
reesescups posted:
I bet if we double down on the Busama Tax Cuts they'd stop pissing on us!
All you have to do is stop giving them money .... and let them go bankrupt
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You win ACF, dude - Osmenthe
BT is usually right - Onslaught
i think we need more BT on page 1 - FighterUSAF
Yep, BT is right - Aerlinthian
Got guns & ammo? Food? Precious metals?
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theredkay1 Posts: 611
Registered: 2008-5-16 10:37:09
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Desnoxvu posted:
They also do it by getting free money from the Federal Reserve discount window. It is a wonder that people haven't wondered why these credit card companies, mortage companies and student loan institutions have all the money and we need to become their slaves in order to surpass a distorted and inflated economy.
Discount window is almost entirely overnight loans. Hard to do very much with a loan that is due tomorrow.
Primarily its a price signal that banks use to lend each other money. Without a discount window banks would still lend each other money and they would still have lots of money.
The discount window does reduce the bank failures that would arise from very short term liquidity crunches. Waves of bank failures would probably not be the economic elixer you think.
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Ashmaele Title: Pastor of Muppets
Posts: 1,809
Registered: 2002-1-15 08:30:50
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Date Posted:
1/1/00 12:00am
Subject:
We Bailed Out Bankers and They Are Still Pissing On Us |
Yukishiro1 posted:
The way Paulbots talk about von Mises and co remind me of the way devout Catholics talk about their various saints they pray to.
Quote:
The Ludwig von Mises Institute
518 West Magnolia Avenue
Auburn, Alabama 36832-4501
Pretty much all you need to know.
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I had a dream. It was an incredible dream. When I awoke, I had a huge mess to clean up.
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