OT: Emergency Buy Out

[Joshua Zeidner]

On Sun, Sep 28, 2008 at 11:40 PM, Craig White <craigwhite at azapple.com> wrote:
> On Sun, 2008-09-28 at 23:08 -0700, Joshua Zeidner wrote:
>> On Sun, Sep 28, 2008 at 10:58 PM, Lisa Kachold <lisakachold at obnosis.com> wrote:
>
>> >
>> > But that is a famous Ron Paul quote that can't be backed with fact:  "When
>> > we borrow a billion dollars every day simply to run the government, and when
>> > the Federal Reserve increases the money supply by trillions of dollars in
>> > just 15 years, we hardly can expect our dollars to increase in value."
>>
>>   This isn't some kind of Ron Paul heresy, its based on the real numbers.
>>
>>   I find it surprising that Americans have not pledged their
>> allegiance to this person who has been claiming that this was going to
>> happen all along.  The resistance is typically on Ron Paul's attitude
>> towards particular social issues...  jmz
> ----
> particular social issues are important too
>
> Ron Paul is a polarizing figure and that totally marginalizes any points
> that he makes.

  In what way?  jmz

>
> I think if you look back, you will find this scenario was predicted by
> many on the right and left (Krugman comes to mind) so I have no problem
> dismissing Ron Paul for the kook that he is. I think that the saying is
> that even a broken clock has the right time twice each day.
>
> As for the debt...that's the logical consequences of cutting taxes and
> not cutting expenditures, for fighting wars without raising the revenues
> to fight them and just endlessly printing paper money because they can.
> I don't think we need Ron Paul to point out the wrongfulness of that
> logic...I think McCain understood it when he opposed the Bush tax cuts
> without a reduction in spending but evidently the way to get the
> Republican nomination is to do exactly what he knows intrinsically
> doesn't work. For that (and probably some other reasons), I could never
> vote for McCain.
>
> Craig
>
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"I know not with what weapons World War III will be fought, but World
War IV will be fought with sticks and stones." --Albert Einstein

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