Does anyone agree with the $700 bailout?

Run our entire society on barter?

How in the hell does a farmer who grows food to feed hundreds of people barter for his crop?
He accepts other things he needs for his corn. It's simple
How does a teacher barter for teaching students? Do we not teach kids to read if their parents haven't got anything to barter?

That teacher can accept other things he/she needs for his teaching skills. The parents of the students can raise them a barn, or give them food.

It's really not complex, nor is it impossible. It's just brainwashed fascists like you are against it because fiat currency is the lynchpin in your control system.
 
Super, is there anywhere I can go to see (rough even) numbers on the amount of private capital available in the world.
I do trust you and you sound the most knowledgeable but I'd really like to see numbers for myself.
 
Super, is there anywhere I can go to see (rough even) numbers on the amount of private capital available in the world.
I do trust you and you sound the most knowledgeable but I'd really like to see numbers for myself.
He has not convincingly explained how shit assets the market doesn't want become valuable. Magic seems to be the predominating explanation.

Why do you trust someone so idiotic?
 
The bailout is a huge mistake.

But trying to run our entire society on barter would be a bigger mistake. It would be the ultimate way to hand control over to the rich, since they have more to barter with. And those who are poor would have no education, no security, no fire dept, no police dept, and no medical care.

Doesn't sound like much a plan to me.
 
Whether anyone agrees with it or not, the reality is that there ain't a damn thing Americans can do about it.

We live in a plutocracy.
 
I At least the best solution I have heard. If you have another one... please put it forth for discussion.


I already have, you take back Frannie and Freddie only because they own like 1/2 the Mortgages and they were always Government backed. You sell them to private banks for what you can get. Stop the GSE nonsense altogether. You don't do a socialist bailout of the whole economy that will only end up delaying the inevidible and further destroy the dollar which will create a much greater problem. We need to be patient and take our medicine {recession} like we did in the early 80's that cleansed the economy and set up the greatest boom in the history of man. This plan is Socialist and Criminal all in one.
 
He accepts other things he needs for his corn. It's simple


That teacher can accept other things he/she needs for his teaching skills. The parents of the students can raise them a barn, or give them food.

It's really not complex, nor is it impossible. It's just brainwashed fascists like you are against it because fiat currency is the lynchpin in your control system.
Bartering is fine and the better option when possible but money was invented as a more convenient exchange for holding value.
If you are a car salesman and I am an egg farmer, you obviously would not take $15000 worth of eggs for a car, because the value is gone much quicker.
A better option is when smaller communities create their own money and it works to a limited degree:
"Ithaca Creates Its Own Money"
http://www.sustainabilityinstitute.org/dhm_archive/index.php?display_article=vn544ithacaed
 
He has not convincingly explained how shit assets the market doesn't want become valuable. Magic seems to be the predominating explanation.

Why do you trust someone so idiotic?

Do you intentionally ignore posts that explain that you are wrong?

Do you think the houses that have been foreclosed are worthless? Are you saying that all the empty houses out there will never be lived in?

Are you saying that no one will ever move out of their parents houses?
 
The bailout is a huge mistake.

But trying to run our entire society on barter would be a bigger mistake. It would be the ultimate way to hand control over to the rich, since they have more to barter with. And those who are poor would have no education, no security, no fire dept, no police dept, and no medical care.

Doesn't sound like much a plan to me.

Well, I don't want to move to a barter economy I don't see how I am going to be getting the kind of boots I want out of that?

But I'm afraid that after the fact, yeah, the bailout will be considered a mistake. And we will all hear "well I don't think anyone could have guessed" once again, relegating many of us to no ones.
 
The bailout is a huge mistake.

But trying to run our entire society on barter would be a bigger mistake. It would be the ultimate way to hand control over to the rich, since they have more to barter with. And those who are poor would have no education, no security, no fire dept, no police dept, and no medical care.

Doesn't sound like much a plan to me.

Returning to barter would actually disempower the rich. The ultra rich have much more in paper assets than they do in homes. They have so much paper they don;t have time enough in the world to turn it all into tangibles for a barter economy. A barter economy is more an equalizer than anything else. It;s a great idea.
 
Right. That's how it'll start. Health care off the table. Then, we won't be able to afford the increasing costs of medicare, or SS.

This is exactly what they set out to do. Believe it or not, I don't care, but I said this six years ago, after reading a couple of the intellectual founders of these creeps - norquist was one I forgot the other. It was so transparent, and gleefully so.

So, considering that? Sorry, but you're not going to change my mind. If it's any consolation - no, I don't believe you know about it.

LMAO... so you beleive we SHOULD continue to expand these programs and pass the costs on to future generations? You sound like Bush.

Again... you can expand healthcare coverage IF you WORK TO GET THE COSTS UNDER CONTROL. UNTIL YOU GET COSTS UNDER CONTROL YOU ARE SIMPLY STEALING FROM FUTURE GENERATIONS BY EXPANDING PROGRAMS.

None of this means you 'HAVE to privatize' that is simply the idiotic scare tactics used by the left when they don't want to address the real problem and instead just want to throw more money at the situation regardless of whether or not money is the answer.
 
LMAO... so you beleive we SHOULD continue to expand these programs and pass the costs on to future generations? You sound like Bush.

Again... you can expand healthcare coverage IF you WORK TO GET THE COSTS UNDER CONTROL. UNTIL YOU GET COSTS UNDER CONTROL YOU ARE SIMPLY STEALING FROM FUTURE GENERATIONS BY EXPANDING PROGRAMS.

None of this means you 'HAVE to privatize' that is simply the idiotic scare tactics used by the left when they don't want to address the real problem and instead just want to throw more money at the situation regardless of whether or not money is the answer.

SF, which generation is paying for Iraq?
 
Well, I don't want to move to a barter economy I don't see how I am going to be getting the kind of boots I want out of that?

But I'm afraid that after the fact, yeah, the bailout will be considered a mistake. And we will all hear "well I don't think anyone could have guessed" once again, relegating many of us to no ones.

Darla, I may piss you off saying this, but as a female you will have something to trade in a barter system until you are old and wrinkly.

You could get your boots. Your self-image may not be any good doing it. But I am sure you could get boots.
 
Super, is there anywhere I can go to see (rough even) numbers on the amount of private capital available in the world.
I do trust you and you sound the most knowledgeable but I'd really like to see numbers for myself.

No, there is a reason it is called 'private' capital. But look at how much the 'private' capital has lost already. They see the long term benefit of buying this debt so cheap. If they had the funds, they would be coming in.
 
He has not convincingly explained how shit assets the market doesn't want become valuable. Magic seems to be the predominating explanation.

Why do you trust someone so idiotic?
I trust him because I have known him long enough to do so. He works in investment and his knowledge is coming out in his points.
That doesn't not mean that he COULD be wrong as anyone can be, hence why I'd like to see numbers and see for myself.

He is not an idiot and throwing out those insults to just everyone ensures that no one takes you seriously...even when you make good points.
 
LMAO... so you beleive we SHOULD continue to expand these programs and pass the costs on to future generations? You sound like Bush.

Again... you can expand healthcare coverage IF you WORK TO GET THE COSTS UNDER CONTROL. UNTIL YOU GET COSTS UNDER CONTROL YOU ARE SIMPLY STEALING FROM FUTURE GENERATIONS BY EXPANDING PROGRAMS.

None of this means you 'HAVE to privatize' that is simply the idiotic scare tactics used by the left when they don't want to address the real problem and instead just want to throw more money at the situation regardless of whether or not money is the answer.


Scare tactics used to throw money at a situation? Look in the mirror, you douche.
 
The bailout is a huge mistake.

But trying to run our entire society on barter would be a bigger mistake. It would be the ultimate way to hand control over to the rich, since they have more to barter with. And those who are poor would have no education, no security, no fire dept, no police dept, and no medical care.

Doesn't sound like much a plan to me.

Why is it a mistake?

If the Treasury MAKES money off this deal for the taxpayers... how is that a mistake?

Allowing the system to collapse entirely is not an option.
 
Do I agree with the bailouts? No.

There are some advantages to living the simple life. There are advantages to learning that whatever state (of life) I am in therewith to be content. I have a simple job, make a modest living, have a very safe pension (I've checked) and only about $20,000 wondering around the stock market. I don't even consider that stock market money as part of the household finances. Never use it when trying to secure a loan. It is just there and if it does well, great, and if not, oh well. It looks to me like the rich turning to the middle class and saying, "You are going to be forced to help us out of this mess we got ourselves into."

I know there is more to it than that but really, why should we bail out people who have made bad decisions. Help the ones that were trusting these people with their money, OK, but not the goobers who got them into the mess. Let someone who is used to living on 500K learn to live on 70K. Believe it or not it can be done.
 
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