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  #21  
Old December 4th, 2011, 01:05 AM
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Jack_Black Jack_Black is offline
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Oh yea btw, there are tons of quiet insider OWS sympathizers.

http://www.propublica.org/thetrade/i...-quiet-outrage

Last week, I had a conversation with a man who runs his own trading firm. In the process of fuming about competition from Goldman Sachs, he said with resignation and exasperation: “The fact that they were bailed out and can borrow for free — It’s pretty sickening.”
  #22  
Old December 4th, 2011, 03:04 AM
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Originally Posted by creeping panther View Post
If all goes to hell Gold won't mean ****
Gold and silver will still remain primary exchange mediums, and valued 50+x what they are now.
The casinos of the future mad-max era will gladly accept your gold and silver. zg
  #23  
Old December 4th, 2011, 07:24 AM
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I could explain some choice things but Ken would call it political and close the thread. I tried to think how to sanitize it but it is too hard. Let us just say the economists that advocate taking money from the shrinking middle class to give to the rich to stimulate their economy are a big part of the problem. This type of economics has been repeatedly shown to be wrong. It brings less than 1% return in economic growth but they still teach it to people even though they know it is false. These are known as Keynesians. There are still some that haven't figured out that the information sources are a big part of the equation as well and believe the misinformation that is fed to them in order to get away with doing these things. As the numbers of gullible people dwindle their control is slipping.
  #24  
Old December 4th, 2011, 11:42 AM
shadroch shadroch is offline
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I love it when people who have never taken an economics class in their life try to blame Keynsian theory for anything.
We are just starting to recover from a near economic collapse that had zero to do with Keynsian economics but the uninformed have to scapecoat somebody.
  #25  
Old December 4th, 2011, 05:01 PM
tthree tthree is offline
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Originally Posted by shadroch View Post
I love it when people who have never taken an economics class in their life try to blame Keynsian theory for anything.
We are just starting to recover from a near economic collapse that had zero to do with Keynsian economics but the uninformed have to scapecoat somebody.
You missed the point of what I was saying. The 1% use Keynesian economists to justify the government's (forgive me Ken, I tried) stimulus aimed at getting money to the 1%. I was not blaming it for the collapse only on the problem that this thread is about the 1% or .1% if you like being favored by the establishment over the common man. You can fall on either side of whether this spending is justified but most agree whose economy gets stimulated. It isn't the 99%.
  #26  
Old December 4th, 2011, 05:09 PM
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Originally Posted by shadroch View Post
I love it when people who have never taken an economics class in their life try to blame Keynsian theory for anything.
We are just starting to recover from a near economic collapse that had zero to do with Keynsian economics but the uninformed have to scapecoat somebody.
Who again were the real culprits? zg
  #27  
Old December 4th, 2011, 07:33 PM
shadroch shadroch is offline
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Originally Posted by tthree View Post
You missed the point of what I was saying. The 1% use Keynesian economists to justify the government's (forgive me Ken, I tried) stimulus aimed at getting money to the 1%. I was not blaming it for the collapse only on the problem that this thread is about the 1% or .1% if you like being favored by the establishment over the common man. You can fall on either side of whether this spending is justified but most agree whose economy gets stimulated. It isn't the 99%.

Vanna White called. She suggests you buy a clue. Endlessly repeating the same drivel does not make it any less false.
  #28  
Old December 4th, 2011, 10:07 PM
tthree tthree is offline
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Originally Posted by shadroch View Post
Vanna White called. She suggests you buy a clue. Endlessly repeating the same drivel does not make it any less false.
I will save Ken the trouble. Blah, blah , blah. Grow up and find someone else to disagree and misrepresent everything they post. It is getting very tiresome. I never said that the Keyesian economists caused the meltdown. That is what you tried to misrepresent me as saying. I have always said that they are in place to sell the welfare to the rich as a necessary evil. The evidence is that you get a less than 1% return in economic growth but these spending sprees have bankrupt the country. The cost of that is far greater than any return in miniscule growth. The wars are a cornerstone of the Keynesian's playbook. Anything that has our tax money spent for the enrichment of the 1%. That is what this thread and the OWS is all about. The way the system is rigged to enrich the 1%. They have even made a big business out of education and aid to the poor. The result not much spending gets to those it is intended to help. They also made big business out of detention of citizens. The result many in jails that shouldn't be there and a growing criminal sector. It is the university were criminals are grown from people that could be helped to live productive lives if not put in jail. Only those not involved in the world don't know these things.
  #29  
Old December 4th, 2011, 10:12 PM
tthree tthree is offline
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Originally Posted by Jack_Black View Post
Oh yea btw, there are tons of quiet insider OWS sympathizers.

http://www.propublica.org/thetrade/i...-quiet-outrage

Last week, I had a conversation with a man who runs his own trading firm. In the process of fuming about competition from Goldman Sachs, he said with resignation and exasperation: “The fact that they were bailed out and can borrow for free — It’s pretty sickening.”
Why didn't you, Shad, disagree with this insider and whistle blower for saying the same thing? Because he wasn't Tthree. Grow up man you are making a fool of yourself.

Last edited by tthree; December 4th, 2011 at 10:16 PM.
  #30  
Old December 4th, 2011, 11:54 PM
shadroch shadroch is offline
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Originally Posted by tthree View Post
Why didn't you, Shad, disagree with this insider and whistle blower for saying the same thing? Because he wasn't Tthree. Grow up man you are making a fool of yourself.
I didn't disagree with him because he was not completely misrepresenting/misunderstanding Kenseyan economics. You were.
You make dozens of posts that I don't jump on you for, but when you post misinformation, I'll call you on it.
It really is that simple. If you don't want to called out for misreprenting the truth, don't misrepresent the truth.

Last edited by shadroch; December 4th, 2011 at 11:56 PM.
 

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