RESPONSE TO PROPHETS:
INVECTIVE AND BELITTLING YOUR OPPONENT DOES NOT MAKE YOUR CASE. YOU HAVE FAILED TO MAKE A CASE FOR YOUR ARGUMENTS. I AM RESPONDING TO SOME OF YOUR SPECIFIC POINTS. MY ARGUMENTS ARE IN UPPER CASE LETTERS. SENTENCES IN UPPER AND LOWER CASE LETTERS ARE PROPHETS'.
LOL. who do you think the capital should go to? Do they [the banks and the fed?] not earn their economic rent? NO, NEITHER THE BANKS NOR THE FED ARE EARNING THEIR KEEP
You are basically positing that that country should be a socialist state and money should fall.
BLATANTLY UNTRUE
And the Fed doesn't necessarily benefit the investor class. . . . If anything it's going to benefit poor people long-term, because the policies are pro-inflationary.
HELLO?
INFLATION CLEARLY STEALS FROM THE POOR AND MIDDLE CLASS. THE RICH HAVE ASSETS THAT RISE WITH INFLATION. THE FED'S POLICIES INFLATED THE HOUSING MARKET THROUGHOUT THE LAST TWO DECADES. THIS BENEFITED THOSE WHO COULD AFFORD TO OWN HOMES WHILE MAKING HOUSING UNAFFORDABLE TO MANY RENTERS. THE BANKS AND MORTGAGE BROKERS WERE ALONG FOR THE RIDE. FILLING THEIR MONEY BAGS. THE FED'S GOAL AT ANY GIVEN TIME WAS TO KEEP THE HOUSING BUBBLE FROM BURSTING UNTIL WHATEVER GUY WHO WAS IN THE WHITE HOUSE LEFT OFFICE. THEY KNEW IT BURST EVENTUALLY, LEAVING A BIG MESS THAT WOULD TAKE A MORE SERIOUS TOLL ON THE WORKING CLASS PERSON (AS EVERYTHING SEEMS TO). A WELL-OFF PERSON JUST DOWNGRADES TO A SMALLER PLACE. WHERE DOES THE PERSON WITH THE SMALL PLACE DOWNGRADE TO?
You are basically making an argument in favor of socialism. That every person regardless of their risk profile deserves the same amount of capital or resources.
NO SUCH ARGUMENT HAS BEEN MADE. STRAWMAN.
That he is killing his citizens and the international community condemns it. It's amazing how you just completely gloss over the thousands of people that were being killed . . .
BOTH APPLICATION AND I HAVE AMPLY ADDRESSED THIS POINT. YOUR CONTINUING TO ACT AS IF IT HAS NOT BEEN ADDRESSED HURTS YOUR CREDIBILITY.
Delusions about rejecting the dollar? . . . US has been throwing tantrums and sanctioning nations that participate [In non-dollar oil exchanges] . . .
WHICH BOLSTERS OUR POINT THAT THE US DOESN'T LIKE COUNTRIES TO TRADE OIL UNLESS IT IS IN DOLLARS. WE COULD BECOME ECONOMICALLY IRRELEVANT IF TOO MANY THINGS LIKE THIS HAPPEN. WE LOST OF LOT OF PURCHASING POWER, WE DON'T MAKE ANYTHING ANYMORE, WE'RE CREATING A LOT OF INFLATION, OUR DEBT TO GDP RATIO IS ABSURD, OUR CREDIT RATING IS DOWNGRADED. WE HAVE NO FUTURE. THE ONLY DIFFERENCE BETWEEN US AND GREECE IS THE PASSAGE OF TIME AND A LOT OF WEAPONRY. WE HAD SOME POWER FROM HAVING A WORLD CURRENCY BUT IT IS SLIPPING AWAY. THE PEOPLE WHO RUN AMERICA WANT TO PERPETUATE THE ILLUSION THAT THINGS ARE O.K. BY KEEPING THE HOUSE OF CARDS UP UNTIL THEY HAVE LOOTED THEIR WAY OUT THE DOOR, LEAVING A MESS FOR US TO CLEAN UP. IF THEY CAN DISCOURAGE MORE DOLLAR DEFECTORS, THEY PROBABLY WOULD. I DON'T KNOW HOW FAR THEY WOULD GO BUT THE MOTIVE IS CERTAINLY THERE.
The US produces 3x more oil per day than Libya. Libya is barely 2% of global of the international oil trade. Let them trade in euros. Who cares.
WASN'T GADDAFI TRYING TO INVOLVE OTHER COUNTRIES HIS PLAN? GADDAFI WAS TOTALLY NOT UNDER OUR CONTROL. HE THOUGHT FOR HIMSELF AND WAS TRYING TO MAYBE TAKE THE REST OF AFRICA WITH HIM(?) THAT COULD BE A MOTIVE.
Must be a pretty interesting life leading the Che-Guevara-goes-hippy political thought movement.
THERE'S REALLY NOTHING HIPPYISH OR SOCIALISTIC GOING ON THERE SO THAT HURTS YOUR CREDIBILITY EVEN MORE. YOU'VE SHOWN US THE LIMITS OF BLUSTER AND INVECTIVE.
IF YOU COME BACK, BRING SOME FACTS WITH YOU.
YOU GOT NOTHIN'
Edited by Luminosity, 29 September 2012 - 03:47 AM.