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02-05-2012, 08:56 PM
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#15646
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Carpal \'Tunnel
Join Date: Jul 2003
Location: Shooting 3s, Running Hot
Posts: 37,183
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by fluorescenthippo
no because governments are choosing fiat because it gives them more power. the MARKET has chosen gold time and time again.
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But the market has decided on governments!
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02-05-2012, 10:32 PM
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#15647
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Pooh-Bah
Join Date: Jan 2005
Posts: 5,652
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by coffee_monster
Yes...do you know the difference between "well, effectively" and "yes"???
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no one, especially me, has made any comments about it other than to the extent its "effectively" the same thing.
Quote:
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as long as you're sure about hearing it frequently. And I'm sure it wasn't that it wasn't someone putting words in their mouth (notice it wasn't Bernanke who said 'printing') or just moving on without making it a main point.
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Bernanke can't speak as freely as other governors because he represents the FOMC and the board but other officials, particularly bank presidents, can make comments as individuals. He clearly gets political with his words and in this case, you can tell by his reversal in tone a year later, he is trying to downplay scrutiny under the Fed and mask their efforts. Just like how he lied about not monetizing debt when the Fed presidents had the privilege of speaking more freely on the matter.
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02-05-2012, 10:40 PM
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#15648
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Under your bridges
Join Date: Oct 2010
Location: 0.143 Lifetime Average
Posts: 4,513
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by SimonStylesTheActo
Gold [...] is easily divisible, has a high value to weight ratio, does not degrade easily, has little use value.
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It's exceedingly useful in my field of micro/nano electronics. Seriously people, use something else for money and jewelry. We're going to need that gold to make transistors and stuff.
Lead is stable and malleable. Let's use that instead. It's a wee bit toxic, but wotateva, we all gotta die sometime.
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02-05-2012, 11:33 PM
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#15649
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Carpal \'Tunnel
Join Date: Jun 2007
Location: Drowning in a sea of statism
Posts: 8,321
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by Trolly McTrollson
It's exceedingly useful in my field of micro/nano electronics. Seriously people, use something else for money and jewelry. We're going to need that gold to make transistors and stuff.
Lead is stable and malleable. Let's use that instead. It's a wee bit toxic, but wotateva, we all gotta die sometime.
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Lead is not convenient. You would need to carry around several pounds for use as money. Also difficult to store large quantities of it.
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02-06-2012, 01:19 AM
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#15650
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adept
Join Date: Nov 2008
Posts: 1,092
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Re: Ron Paul 2012 Containment Thread
Ron Paul and His Enemies:
An effective antiwar candidate is what the neocons fear most.
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By the night of the New Hampshire primary, it was clear that Ron Paul had torn a hole in the matrix. On top of his third place in Iowa, where he doubled his 2008 vote percentage, Paul had finished a strong second in New Hampshire, tripling his share from four years earlier. In both contests, Paul won the under-30 vote going away and scored better with independents than any of his rivals. The congressman was the only Republican connecting with young people and bringing new voters into the GOP. While it is surely too soon to speak authoritatively about “Ron Paul Republicans,” as we do about Reagan Democrats or evangelicals, such a voting bloc appears to exist. Whether they become part of the GOP coalition is critical to the party’s future.
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IMO the GOP is doomed because the establishment is incapable of making any meaningful concessions to keep the freedom movement around. I think the scene is ripe for a new major party to emerge, the question is how and which one.
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02-06-2012, 01:39 AM
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#15651
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Carpal \'Tunnel
Join Date: Jun 2007
Location: Drowning in a sea of statism
Posts: 8,321
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Re: Ron Paul 2012 Containment Thread
2012 NV Caucus Final Results
Romney === 16,513 (50.15%)
Gingrich === 6,958 (21.13%)
Paul ====== 6,179 (18.76%)
Santorum == 3,280 ( 9.96%)
Total turnout: 32,930.
Implied delgates: Romney = 14, Gingrich = 6, Paul = 5, Santorum = 3.
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02-06-2012, 01:55 AM
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#15652
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Carpal \'Tunnel
Join Date: Jun 2007
Location: Drowning in a sea of statism
Posts: 8,321
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Re: Ron Paul 2012 Containment Thread
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02-06-2012, 04:23 AM
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#15653
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adept
Join Date: Feb 2011
Posts: 1,116
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by Zygote
there are published gold leasing rates and its not that rare among institutions and some central banks.
with all due respect, you seem to be interested in economics and finance but really dont know much about it. i'd be happy to help you learn a bit but you need to approach it more humbly.
the Fed does print money, for what its worth. expanding their liabilities is printing money, there is no two ways about it. And if you want to get technical most of their expansion is not through the discount window or another credit facility, its been done through outright security purchases. To the extent the Fed absorbs net losses on their positions they can not recover this money back through asset sales. Same is true for money they pay out directly whether their annual issuance to the treasury or what they pay internally in wages or salaries or interest on reserves.
in any case even just a direct loan from the fed is still printing money. when the loan is paid the fed can choose to destroy the money but that doesnt mean it wasnt printed from the beginning to be later (maybe) destroyed.
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LOL...I've read your posts before. You and Borodog are economic and financial clowns.
Repeating ad-infinitum what you read on Mises and Zero-Hedge does not make you sound knowledgeable to anyone who has studied and practiced economics and finance their entire life.
It might work with noobs, but others who know **** laugh at you.
It's too late to spar with you tonight.
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02-06-2012, 04:29 AM
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#15654
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adept
Join Date: Feb 2011
Posts: 1,116
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by Zygote
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Just one round tho, on your link.
What does this mean:
LOL ... "published rates" and Kitco. LOL
Hint: Kitco made those rates up from "Market data", w/e that means.
What it means is that there is no official and market determined Lease Rates for Gold, except what Kitco, a site that exists to push gold sales, publishes.
LOL
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02-06-2012, 04:36 AM
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#15655
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Carpal \'Tunnel
Join Date: Dec 2003
Location: 2+2 is not a substitute for therapy
Posts: 14,528
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by prana
How exactly does making an official language fit his interpretation of the powers of Congress?
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Are you serious?
Making a uniform language makes running things the feds are involved in smoother, which fits the necessary and proper clause to a tee under any interpretation.
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02-06-2012, 04:54 AM
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#15656
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Pooh-Bah
Join Date: Mar 2006
Posts: 5,152
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Re: Ron Paul 2012 Containment Thread
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02-06-2012, 05:21 AM
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#15657
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adept
Join Date: Dec 2009
Posts: 711
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Re: Ron Paul 2012 Containment Thread
Quote:
Originally Posted by sterlinguini
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Its very hard for a new political party to make inroads in America because of the winner-take-all voting system. If the GOP starts to slip they will evolve to retain votes as necessary. This concept is called Duverger's Law.
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02-06-2012, 06:46 AM
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#15659
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Carpal \'Tunnel
Join Date: Feb 2007
Location: trembling in fear of tomdemaine
Posts: 29,856
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Re: Ron Paul 2012 Containment Thread
alex, one is michael stone, the other is mark wachtler...not the same source.
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02-06-2012, 06:54 AM
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#15660
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Carpal \'Tunnel
Join Date: Dec 2003
Location: 2+2 is not a substitute for therapy
Posts: 14,528
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Re: Ron Paul 2012 Containment Thread
That site is crap, yo.
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