The Obama Deception

[Neomega]

Fine, but it is there for some fundamentally sound reasons, which the video seems to completely ignore.

....1929, 2009? Fed demanding congress let it pump tons more new cash into the economy? Anything to say in it's defense? Or is that something you are just going to completely ignore?

Any of those examples could have been used for "big" interventions. Plenty of neocons already want to be there.

Yah, but Bush didnt have enough popularity for them to get there. Obama does.

Just because the Fed was established did not mean no crises would occur; monetary policy is but one part of the whole mess. The Fed worries about the currency, to make sure that it doesn't get into 50%, 100%, 1,000% inflation, which thankfully hasn't happened. Check out Latin American history to see what happens when you don't have strong and independent monetary authorities...

I have, I know the story of Argentina well. Trying to blame it on the lack of "strong" and "independent" monetary authorities is laughable.

 

[JerichoHill]

Forgive me if I ignore something from Alex Jones

 

[Neomega]

Forgive me if I ignore something from Alex Jones

.Forgiven.

 

[pau17]

I have, I know the story of Argentina well. Trying to blame it on the lack of "strong" and "independant" monetary authorities as laughable.

That's not what I'm talking about. Argentina's government borrowed way too much money. At many points in time it would not have been an overstatement to say that you were a fool if you paid your taxes in Argentina. Again, just because there is a central bank does not mean that no crises will happen--crises can happen for lots of reasons. The objective of a central bank is to put some checks and balances into the regulation of the currency, which it has done. Fiscal policy and debt are a completely different thing from monetary policy, and you are conflating the two.

And perhaps you also know the story of Chile, which did not control inflation and enjoy high growth rates until it had an autonomous central bank.

 

[potatokiosk]

Yes. (and might I add, I was suspicious of him from the beginning, it's just that McCain and Clinton, I had no doubt)
taxes to pay debt to the federal reserve is a form of slavery, and I believe they want more. I also believe they are looking to Africa as the next big resource pool, and that there will be a crisis that will have us in Africa in the next eight years.

A black president exploiting Africa? Ironic.

 

[Cutlass]

I don't care if it is autonomous or not, I care how it is acting right now. And the stability of the currency argument... 1929 stock market crash was after the Fed.... and again, this year, obviously was after the Fed was established... and it was the Fed this time strong arming congress into letting them print more money, not visa versa... so basically... yeah.

And you don't give a thought to what might happen without the Fed?

 

[Camikaze]

A black president exploiting Africa? Ironic.

Like Robert Mugabe?

 

[Rashiminos]

Like Robert Mugabe?

You could say that, but I think tragedy would be a better description.

 

[Camikaze]

My point was that it isn't ironic. Just because someone is white or black doesn't make them any more or less inclined to exploit Africa, I would think. Think stereotypical African dictator.

 

[potatokiosk]

My point was that it isn't ironic. Just because someone is white or black doesn't make them any more or less inclined to exploit Africa, I would think. Think stereotypical African dictator.

Fine. Here is a revised statement:

A black president of a non-African country undertaking imperialistic adventures in Africa? Ironic.

I thought it was obvious that I meant that.

It's a shame that half of the arguing on this site is over semantics

 

[Ecofarm]

That's Rasist!

 

[Cheezy the Wiz]

Like Robert Mugabe?

And what exploitation has he undertaken? Please, do tell.

 

[Ecofarm]

For personal power and wealth.

Check the article on his lavish party.

http://edition.cnn.com/2009/WORLD/africa/02/28/zimbabwe.mugabe.birthday.party/index.html

Mugabe's birthday falls on February 21 but his party loyalists postponed the celebrations as they were raising money for the event.

 

[Camikaze]

Fine. Here is a revised statement:

A black president of a non-African country undertaking imperialistic adventures in Africa? Ironic.

I thought it was obvious that I meant that.

It's a shame that half of the arguing on this site is over semantics

Spoiler :

Fair enough.

And yes, it is reasonably ironic.

But, in the interests of equality, I will state that it isn't any more ironic than any other leader of the 'free world' exploiting Africa, black or white.

 

[Neomega]

And you don't give a thought to what might happen without the Fed?

how about, instead of having a real debate, we have a hypothetical debate about what would have hypothetically happened without the fed.

 

[Cheezy the Wiz]

For personal power and wealth.

Check the article on his lavish party.

http://edition.cnn.com/2009/WORLD/africa/02/28/zimbabwe.mugabe.birthday.party/index.html

How is that different than the bailouts in the US? The top echelon is being taken care of while millions are losing their jobs, being evicted from their homes, and generally shat upon by the government and ruling elite. Its just more heart-rending when you look at Zimbabwe, since the people already have nothing, while Americans theoretically have more to lose.

 

[Ecofarm]

You didn't know that all governments, even the US, exploit their people? That's why government should be kept as small as possible.

In Mugabe's case, the exploitation has resulted in truly dire circumstances. He's the big proud king with lavish parties while they eat poo.

 

[Camikaze]

And what exploitation has he undertaken? Please, do tell.

Yeesh. You don't actually expect me to substantiate my quarrelsome arguments, do you?

 

[mrt144]

And you don't give a thought to what might happen without the Fed?

Dude, I wouldn't touch that with a ten foot pole. The Fed, despite all its flaws is definitely preferable to life without The Fed.

 

[civ_king]

It's like the police, we hate when the get bad but it would be much worse with out them