tag:blogger.com,1999:blog-8206677169397293052.post858967186714577079..comments2023-09-10T08:35:25.739-07:00Comments on Street Rat Crazy Saloon: Touche!Dinkhttp://www.blogger.com/profile/10907199567928816652noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-8206677169397293052.post-59400586062329246272010-05-20T20:05:19.638-07:002010-05-20T20:05:19.638-07:00Well that makes sense and I will offer that up the...Well that makes sense and I will offer that up the next time I hear someone bashing bill Clinton. ThanksDr Johnhttps://www.blogger.com/profile/07453949255704523726noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-65941998601766214072010-05-20T15:07:28.875-07:002010-05-20T15:07:28.875-07:00And yes
While I see we can all produce credit, we...And yes<br /><br />While I see we can all produce credit, we are not allowed to counterfeit for that credit in the way the Federal Reserve can.<br /><br />I stand 100% correctedThaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-808628277133453662010-05-20T15:05:59.871-07:002010-05-20T15:05:59.871-07:00I think you're right that the Republican congr...I think you're right that the Republican congress gets as much credit.<br /><br />Boom times "yes" but when the economy was growing under Regan, Bush I, Bush II, etc... we had growth and yet government as a % of GDP increased on top of this growth.<br /><br />It is a bit much to give one man credit for everything, nor do I actually think one person has that much influence, even if that on person is president; the democratic process is simply too "diffuse"<br /><br />But he was there when it happened and he has been the only one.Thaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-35424196467441029772010-05-20T15:01:55.148-07:002010-05-20T15:01:55.148-07:00By the way can you really give Clinton credit for ...By the way can you really give Clinton credit for that? Could you not give credit to a Republican congress or really I think more accurately the boom times he ruled in?Dr Johnhttps://www.blogger.com/profile/07453949255704523726noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-36079421210189374032010-05-20T14:59:59.325-07:002010-05-20T14:59:59.325-07:00So in some respect you admit Dr Paul is more right...So in some respect you admit Dr Paul is more right than wrong?Dr Johnhttps://www.blogger.com/profile/07453949255704523726noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-91653348577812932062010-05-20T08:42:54.674-07:002010-05-20T08:42:54.674-07:00Stephan Karlsson has an interesting response to th...<a href="http://stefanmikarlsson.blogspot.com/2010/05/basic-monetary-economics-for-monetary.html" rel="nofollow">Stephan Karlsson has an interesting response to this post I hadn't really thought of</a>.<br /><br />I think he is correct and the legalization of counterfeiting analogy is more appropriate analogy that the "out of thin air" example since the money was already created.<br /><br />Austrians win againThaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-33355018775547158632010-05-18T20:40:34.898-07:002010-05-18T20:40:34.898-07:00Re: Ron Paul
The only president to ever cut the s...Re: Ron Paul<br /><br />The only president to ever cut the size of the federal government as a % of GDP in my lifetime was Bill Clinton.<br /><br />Now you know where I stand on Ron Paul. ;-)Thaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-49944074164271502782010-05-18T20:29:48.028-07:002010-05-18T20:29:48.028-07:00When you create a debt, you are creating money
Mo...When you create a debt, you are creating money<br /><br />Money is really at some level nothing but trustThaihttps://www.blogger.com/profile/00700253024420397221noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-65438938384435628872010-05-18T17:43:13.169-07:002010-05-18T17:43:13.169-07:00I admit I agree with almost everything that Paul s...I admit I agree with almost everything that Paul says as at heart I believe in small govt. and non-aggression.This is neither of the two current parties in any way shape or form. That being said, as one poster remarks is not the difference being Microsoft gets money from someone that already has it as apposed to just "creating" it? Am I over simplifying this?Dr Johnhttps://www.blogger.com/profile/07453949255704523726noreply@blogger.comtag:blogger.com,1999:blog-8206677169397293052.post-34345965273439213952010-05-18T17:40:51.524-07:002010-05-18T17:40:51.524-07:00Ron Paul, who I was once sympathetic to, is the po...Ron Paul, who I was once sympathetic to, is the political equivalent of the proverbial "Bridge to Nowhere." For all the whiny voiced noise he makes, a more feckless critic of The Federal Reserve would be hard to find. Over the years there have been so many things he could have and should have done regarding The Federal Reserve, but instead, he has been mostly content to issue tiresome diatribes to the likes of Alan Greenspan and Ben Bernanke. <br /><br />Putting aside the problems with "creating money out of thin air" aka fractional reserve banking, The Fed should be fully audited because it is almost certain that they have vastly overstepped their remit, and would be shut down upon modestly close examination. They are going the way of the dodo bird in any case, as is their signature franchise product, FRNs.Edwardohttps://www.blogger.com/profile/03613197383283896190noreply@blogger.com