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panZZer 02-06-2009 04:27 PM

the amero
 
Quote:

Originally Posted by LaRondo (Post 2101753)
I see. We should start to save Monopoly money.

I am very sure they will replace the Dollar with the Amero or something similar. After they arrange for the North American Union. It's the only way out and they know it. That's why they are very little concerned about debth and the value of the Dollar. It will all wash out with a new currency.

The problem: A new currency won't fix the economy, it will only reset the monetary face value.

They did it in Europe, they will do it here.

That would be the logical move to strip people of their wealth the next cycle--except no one has any wealth to strip presently.

Botnst 02-06-2009 05:23 PM

Quote:

Originally Posted by panZZer (Post 2102195)
That would be the logical move to strip people of their wealth the next cycle--except no one has any wealth to strip presently.

Except for politicians that don't pay taxes. They seem to have lots of spare change. I wonder what the connection is.

Botnst 02-06-2009 05:29 PM

Raising the minimum wage reduces the number of people who an employer can hire. This increases the number of people who do not pay taxes while concomitantly increases the demand for social services.

Is it fair or unfair to hire somebody at $5/hr if the alternative is to put the joker on welfare? A person who has an income is less of a financial and social drag on taxpayers.

If taxpayers retain more of their own money they are FREE TO CHOOSE where and how to spend it or save it according to their own interests, not some bureaucrat in the Commissariat of Social Services decree ... who probably doesn't pay taxes anyway.

DieselAddict 02-06-2009 05:29 PM

"The GOP says the stimulus can't create jobs. They're wrong."

http://www.newsweek.com/id/183303

Botnst 02-06-2009 05:30 PM

Quote:

Originally Posted by DieselAddict (Post 2102256)
"The GOP says the stimulus can't create jobs. They're wrong."

http://www.newsweek.com/id/183303

I'm pleased the GOP is wrong. They can more easily join their like-minded colleagues, the Democrats.

MS Fowler 02-06-2009 06:20 PM

Quote:

Originally Posted by DieselAddict (Post 2102256)
"The GOP says the stimulus can't create jobs. They're wrong."

http://www.newsweek.com/id/183303

That would be one opinion.

The basic problem with any "stimulus" Bill is that government has only 3 sources for the money it spends:
Taxes
borrowing
printing

Taxes are money that was in private hands that has been removed from them and put into government hands.
Borrowing is debt your grandchildren will pay
Printing is inflation, actually another form of tazes.

Hatterasguy 02-06-2009 06:37 PM

Quote:

Originally Posted by WVOtoGO (Post 2101944)
Oh that’s just great. :rolleyes:

They’re changing the US currency to something else. :mad:

So what the hell am I supposed to do with all this crap? :mad: :mad:

Fedex me a couple of rows and I'll get rid of it real fast your ya.:D

DieselAddict 02-06-2009 06:50 PM

Quote:

Originally Posted by MS Fowler (Post 2102311)
That would be one opinion.

The basic problem with any "stimulus" Bill is that government has only 3 sources for the money it spends:
Taxes
borrowing
printing

Taxes are money that was in private hands that has been removed from them and put into government hands.
Borrowing is debt your grandchildren will pay
Printing is inflation, actually another form of tazes.

I understand all of that and I hate debt as much as anyone. You left out interest paid on loans from foreign sources which are also another form of tax. But I also understand that a targeted spending package is sometimes needed for us to come out of a recession without going through a lengthy depression first.

Botnst 02-06-2009 06:52 PM

Quote:

Originally Posted by DieselAddict (Post 2102362)
I understand all of that and I hate debt as much as anyone. But I also understand that a targeted spending package is sometimes needed for us to come out of a recession without going through a lengthy depression first.

As far as I can tell, no government in history has ever spent it's way out of a depression.

The only way out of a depression or to avoid depression is to free people up so they can work, create, innovate and thrive. Governments thrive when the people thrive, not the reverse.

DieselAddict 02-06-2009 06:55 PM

Quote:

Originally Posted by Botnst (Post 2102365)
As far as I can tell, no government in history has ever spent it's way out of a depression.

The only way out of a depression or to avoid depression is to free people up so they can work, create, innovate and thrive. Governments thrive when the people thrive, not the reverse.

Please. Do you seriously believe that if only the the evil government stepped out of the way and free people could conduct their business, there would never be a bubble or pyramid scheme and no recession or depression, ever?

DieselAddict 02-06-2009 07:01 PM

Not to mention you seem to have a profound lack of understanding of what ended the last depression.

mwood 02-06-2009 07:39 PM

I can't wait!

Matt SD300 02-06-2009 08:14 PM

Quote:

Originally Posted by botnst (Post 2102365)
as far as i can tell, no government in history has ever spent it's way out of a depression.

The only way out of a depression or to avoid depression is to free people up so they can work, create, innovate and thrive. Governments thrive when the people thrive, not the reverse.

x2........:P

450slcguy 02-06-2009 08:18 PM

Quote:

Originally Posted by DieselAddict (Post 2102380)
Not to mention you seem to have a profound lack of understanding of what ended the last depression.

Well, we could easily start WW3. That will solve everything, forever.

Chas H 02-06-2009 09:22 PM

Quote:

Originally Posted by 450slcguy (Post 2102450)
Well, we could easily start WW3. That will solve everything, forever.

I dunno. Bush tried, but screwed that up too.


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