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threedee...that is the extent of dune's ability to debate. he makes HIS point and if you counter it with facts and logic, he simply insults you.
Amen... Greenspan... Amen
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Poor 3-dweeb
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The Almighty
Yes, I am aware he screwed up. I am aware he was big enough to admit it. I am also aware that being wrong once doesn't mean he is always wrong. There is nothing wrong with double checking what he says or discussing it in detail to make sure it is accurate. What is completely ignorant is the responses of Bijou and Dune. The 'he was wrong once so how can you listen to anything he ever says again.... blah blah blah'... that is moronic at best.
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The Almighty
Tell me Christy... what do you find incorrect about this statement:
Funny how the morons of the board can't discuss the above... they just launch into attacks on the person who said it.
Funny how the morons of the board can't discuss the above... they just launch into attacks on the person who said it.
So you are advocating ending the FED?
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The Almighty
Do tell us how you jumped to that conclusion. Please... walk us through step by step how you got there.
No other way to end debt in this country.
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The Almighty
Can you elaborate? How would ending the Fed end the debt?
Minister of Truth
Practically Perfect
Amazing as this may seem, we actually had debt before 1913.
Yet we could have paid it off, now we can't, since our currency is debt.
Didn't say it would (though it could be done if the US issued fiat currency and paid off the FED with it), I just said it is impossible to eliminate debt otherwise.
How could you end debt without ending the FED when the FED literally creates money from it?...
Superfreak, I will ask, again, if you gave bad advice to a client, steered them into a financial crisis, would you expect them to return as your clients? It isn't moronic, it is once bitten, twice shy.
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The Almighty
That is complete nonsense.
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The Almighty
Again... how many perfect people do you know? There is nothing wrong to question what Greenspan said and discuss it with regards to its validity. What is moronic is saying 'he was wrong before, thus I will never accept that he could ever say anything correct again'... which is precisely what Bijou and dune have done on this thread.
Greenspan also stated we should let the Bush/obama tax cuts expire... do you think that is also 100% wrong due to Greenspans mistake?
As for my clients... I answered that a long time ago. Read the thread.
Sorry, looked for it, but didnt see it, I will look again, but i am one of those people that once you screw me, you lose the ability to ever convince me that anything you say has validity.
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The Almighty
As I stated the last time, mistakes happen. There is a huge difference between a mistake and people that deliberately screw you over. If someone makes a big mistake, it is fine to question their future comments... do that. But outright dismissal of everything they say in the manner that Bijou and Dune did is fucking moronic.
Or again... do you think the tax cuts shouldn't expire? Because he said that too.
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The Almighty
post 15 is where I answered it by the way.
Found it.
Well, I was going to let you have your silly little thread and leave you be today, while you nursed your sore ass beating from yesterday, but since you insist on purporting this complete turd that I expected perfection from Greenspan and he only made ONE mistake, I'm back to steer you back to reality by reminding you that the whole of Greenspan's Fed was a tragedy of errors. He was wrong more often than he was right. And no, I'm not going to search out and post each documented incidence of the proof of it - that's for you to do, since the burst bubbles, crashed economy, and sluggish recovery aren't evidence enough for you. Happy googling!