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do you Ron Paul fans agree? Ron Paul says: NO NEED TO DEFAULT.
i love this guy! couple days ago he blogged re: the need to default, now he says no need to default. hahahahahahahahahaha classic ron paul
that & more ron paul classic words of wisdom re: the current state of affairs: |
i especially LOVE how he refers to congress as *they*
fuck. logical awesome. |
ron paul 2012: obstructionist, flip-flop, doom & gloom career politician
vote for me! |
this is time to do what is doable lol
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that vid is loaded with gems! :1orglaugh:1orglaugh |
Ron Paul is a cook.
If you axe social security and medicare like he wants to do then the proles are gonna' rise up and kill you. Also if you axe the fed you'll fuck up the economy. There's good reasons why we got off the gold standard. |
What's a CBO base line? I think he made all of this up on the spot.
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Congressional Budget Office - An Analysis of the President's ...
www.cbo.gov/doc.cfm?index=12130 - CachedBy 2021, the deficit would reach 4.9 percent of GDP, compared with 3.1 percent under CBO's baseline projections. Over the 2012–2021 period, deficits under ... |
I may be confussed but did you even listen to what he said or was it beyond ymour understanding.
He ia saying he refueses to vote to expandnthe amount to spend and says we need to either let default happen or pay everyone the same as last year. There is no flipflop. |
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An other Clueless man speaks, Welfare state is 20 century's dumbness, people lived based on volantary society for so many centuries, after a hard time paper money and welfare state came up. people didn't kill eachother because of lacking social statist programs, but lived even more peacefully, if you want to help poor you can!t just do it by stealing from productive's pocket and spend it irresponsibly, i advice you to stick your tongue where it's belong to and stop talking shit about things that you have know clue about. |
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Is there someone else running for president in 2012 who you prefer? |
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http://i4.photobucket.com/albums/y11...gzz/Morans.jpg |
Ron Paul is an easy target to make fun of tho. He looks funny, talks like Mr. Rogers and says things that make us uncomfortable.
Ya he's a career politician, but he is the only guy who's returned money from his congressional office budget...100,000 in 2010 and 140,000 this year(every year he has been in office I believe). He is a different breed than the rest of the hustlers on the hill(he also doesn't participate in the congressional pension). Going back to the gold standard sounds pretty kookish to me too. But what we have been doing is clearly not working. To continue on the present path seems far more dangerous than anything the funny little man has said. |
Ron Paul is bullish for ammo sales ...
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Honestly I hope this guy wins...how much worse can shit get anyway?
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Ron Paul is new president of America, i never miss!
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:thumbsup |
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*cooky. |
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on july 22nd ron paul blogged http://www.bloomberg.com/news/2011-0...-ron-paul.html then on july 28th @ 0.45 seconds in the video here he says no need to default. you ron paulies can tiptoe the ron paul line all ya want, i couldn't care less, i just enjoy pointing out what a piece of shit politician the guy is. ron paul 2012 |
hahahahahahahahah
i just googled *ron paul flip flop* 3,400,000 results flip flopped on: evolution from a democrat to republican don't ask don't tell etc et al on & on http://www.google.com/search?aq=f&so...paul+flip+flop hahahahahahaha |
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What time are we talking about exactly? and no i don't support far right amish, i support Libertarian Minarchism and i agree on what you said about middle class should awake yea. |
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and that video isn't an op-ed piece, it's an interview of ron paul where he STATES verbatim that there is no need to default. / |
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http://blogs.wsj.com/marketbeat/2011...-we-defaulted/ Quote:
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also, please address why ron paul refers to the congress, the arm of the government he has worked for for 35+ years, as *they*.
thx in advances. |
Holy crap dyno homo you're such an attention whore you bumped your own thread 3x. LOL
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how the savings up for the lambo going? |
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people arent entitled to change their minds? now, there is a difference between changing ones mind and just lying to satisfy the moment, but i think people get too hung up on this term and of course the media and the politicians love to rub each others nose in it... just another broken cog in the wheel... :2 cents: . |
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takes a lot of shenanigans to stay in office for 35+ years all while being an obstructionist who points his finger at the very establishment he work within. more from zivney on the 1979 incident Quote:
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abstract on the 1979 incident:
Because of severe technical difficulties, the U.S. government was unable to repay investors in Treasury bills (T-bills) in late April through early May, 1979. This incident led to a 60 basis point increase in T-bill rates at the initial occurrence of the default. Unlike other information effects of that era, such as Henry Kaufman's predictions or Paul Volcker's ?Saturday night special,? this increase in rates was not offset by a subsequent decrease in rates after the Treasury cured the default. The default apparently warned investors that Treasury issues were not completely riskless, which translates into a $12 billion annual increase in federal interest payments as a result of the 60 basis point permanent increase in interest rates. so based on this, ron paul concludes a voluntary default is a good thing. i see. |
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Lets take a quick look at what happened in this 1979 instance.
The government ?forgot? to pay small bonds holders (individuals as opposed to nations etc) a total of about 120 million dollars ? by accident. This by no means represented a significant portion of the Treasury?s total debt (which was close to 1 trillion dollars at the time). It did however raise interests rates ? but only by 6 tents of a percent. Not bad shall we say? Not so fast. In fact, according to Prof. Zivney, this 120 million dollar mistake cost the U.S. about 6 billion dollars in interest. The new, raised interest rates applied to the entire debt that the U. S. owed at the time. In addition, the rates showed no sign of going back down by the end of Prof. Zivney and Marcus?s study. So, by not raising the debt ceiling and allowing our nation to default, we would be in effect piling our children with exponentially more debt then if we handled this ?in house? (and raised the debt ceiling) in addition to a bad reputation in the international financial community (loss of confidence in U.S. bonds, etc). |
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and they continued going up to 20%, doubling in ~1 year. June 19, 1979 11.50 July 27, 1979 11.75 August 16, 1979 12.00 August 28, 1979 12.25 September 14, 1979 13.00 September 21, 1979 13.25 September 28, 1979 13.50 October 9, 1979 14.50 October 23, 1979 15.00 November 1, 1979 15.25 November 9, 1979 15.50 November 16, 1979 15.75 November 30, 1979 15.50 December 7, 1979 15.25 February 19, 1980 15.75 February 22, 1980 16.38 February 29, 1980 16.75 March 4, 1980 17.25 March 7, 1980 17.75 March 14, 1980 18.50 March 19, 1980 19.00 April 2, 1980 20.00 |
The Mortgage rate run up was in 1982, Ronald Reagan was president ...
http://www.freddiemac.com/pmms/pmms30.htm these are the Freddiemac rates Conventional loans were more ** 18.45% 2.3pts 10/81 was the peak *correction |
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the #s i posted are the prime % graph http://mortgage-x.com/general/indexe...prime_loan.gif |
The Dow Jones Index may drop below 12,000 |
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How is starving yourself and convincing yourself you're fit going? |
dyna mo:
http://www.anorexiahelp.net/ get some help man. we want to see you well. im here for you brother. :thumbsup |
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Unless i have you confused and you fast for religious purposes? if so i do apologize if i offended your religion. It's one of those fasting for God things? ahhh ok I get it now. |
ron paul flip flops with the best of them. what a career failure.
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