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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jan-25-10 09:23 AM
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Ron Paul mumbo jumbo
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RP can talk about the Fed all he wants but it's Reaganomics that destroyed the economy. When Reagan took office we were the world's largest creditor. When Bush 1 left office we were the world's largest debtor. RP can talk about the gold standard Richard Nixon took us off of all he wants but even if that hadn't have happened we still would have gotten fucked by Reaganomics.

When the wealthy decided that inflation was only caused by working people getting paid too much we switched to the "wealth creation" model. This was a transfer of wealth from the workers to the rich. I remember the first round of robberies. When during the Reagan induced recession of 1982 the big corporations started forcing mom and pop factories all over the country to sell with hostile takeovers. The Republicans don't believe the little people should own businesses so they stole them right out from under their feet. They didn't even want them. They just forced them to sell then chained up the gates. This centralized production into the hands of big corporations and they moved on to the next step that was to build factories overseas.

But if Republicans wanted to keep winning elections they had to give the little guy a way to build wealth too so they started creating bubbles. Stock market bubbles and real estate bubbles. But with every bubble pop they just take the wealth away. So what now?

Every single penny of debt has been created by conservatives and THEIR monetary policy. If they haven't of centralized production, stripped the people of business ownership and pulled a bait and switch with faux wealth creation the people wouldn't be so far in debt.

Not to mention the endless tax cuts for the rich and the endless military spending that has been defending nothing but a sham economic policy around the world. This created the federal debt. Republicans don't care about debt, they only care about who has to pay it off. They been stealing money by running up debt with the help of Wall Street for over thirty years. They have been planning ALL ALONG to pay it off by canceling so-called entitlements. If the voters think that we can solve this problem by putting Republicans back in power they need their heads examined.

If all the Republicans had died in mass thirty years ago the country would be just fine and that's a FACT!

I'm very suspicious of Ron Paul's real motives for attacking the Fed. I think he's up to something else. He LIES about how we got here. Also he never mentions our phony GDP numbers which are just as important as the dollar.

The GDP doesn't grow when the wealth is being taken from the middle class and given to the wealthy. It only looks like it's growing due to market tricks, inflation, globalization and the growing financial sector. Thirteen trillion dollar GDP yeah right. Just like the 550 trillion dollar outstanding derivative bubble. Nothing but air. Of course it's the Republicans who took us off of a brick and mortar economy to a fake paper economy. It was their idea.

I found it interesting that a Republican told the Chinese last year to NOT believe our GDP numbers. They should know. They've been the bookkeepers for the last 30 years.

And this baloney that the Republicans hate the Fed. Hogwash. The Republicans love the Fed. The Republicans have ALWAYS loved the Fed. The Fed has helped them loot the country.

I see this Fed fight Sanders vs Paul. Sanders want the Fed to concentrate on lowering unemployment. Paul seems to want the Fed to crush the remaining citizens who are still above water. Paul also seems to want to create death panels by canceling "entitlements" aka social security and medicare. Let's face it, there is no money of any size left to draw from except those two programs. And nobody's going to cut the empire budget. They need the military to keep looting other countries with. I think Sanders wants to help the middle class and Paul wants to build fiefdoms. Paul is still a supply sider and we know what that's brings. Nothing but rich people, debt and misery.

I'd also like to know how much gold Paul has. Is he just a gold bug screaming about inflation so he can drive the price up?

Whatever people think about the debt situation it was caused by the Reagan conservatives. As people's wages went down for the last thirty years the only way to stay at the same level was to take on debt. The faux wealth creation Reaganites gave the little people so they wouldn't revolt kept the middle class quiet until the next recession and another round of theft from above.

Now all we have it debt and there's no amount of voo doo left to patch it up. Federal debt, state debt and household debt it all adds up to we're screwed. Noticed how the wealthy are now investing in debt bonds. They think they're going to live the high life for generations as we struggled to pay it off.

We need a revolution and NOT one that's coming from the right. They're liars and they created this mess. Nothing they say can be believed.

People need an old fashion economy. Something that pays for food, housing and health care. Like we used to have before Reagan and the thieves stole it.

It's time to throw the magical growing pie theory out the window. The pie didn't grow it just got redistributed to the top.

We need to reverse the flow of money DOWN not up. And we need to tell the bondholders we're NOT paying our debts. If they want money they can collect it from the Republican scum who stole it!

One of the most important things we have to do is decentralize the economy. Notice how Republicans work to decentralize government with their "states rights' mantra. This only weakens the state while they strengthen the corporations by centralizing business.

We need to cancel small business federal taxes for five years to rebuild from the bottom. The Republicans will fight this OF COURSE because they only want the big corporations to own anything.

I wish the Senate Democrats would call the Republicans bluff and vote no on Bernanke. The Republicans would have to vote yes to save him. And they will because they love the Fed they're full of shit.
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