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Re: Republican Candidate Poll
Very good presentation from Molyneux pointing out all the media lies and distortions about Trump. The media are a sad lot. A bunch of trolls who manipulate the words of others to perpetuate the status quo and desperately cling on to their careers. It hasn't always been this way but contemporary mainstream media is dire.
The more I factually hear about Trump, the more he seems reasonable, certainly put aside the other drones who rely on Goldman Sachs handouts. It's a corrupt system, but at least Trump can just be himself.
https://www.youtube.com/watch?v=Gw8c2Cq-vpg
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Re: Republican Candidate Poll
That was painful. We've kneecapped the hope/need for actual change and settled on cartoon characters and tired punch line screeching that didn't work before. The only thing Trump needs now is Palin letting out a massive Ric Flair WOOOOOOO ;D
The inability or want to find a viable alternative from both angles speaks volumes to the depth of shit we're in now and what we will continue to tolerate.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Spicoli
That was painful. We've kneecapped the hope/need for actual change and settled on cartoon characters and tired punch line screeching that didn't work before. The only thing Trump needs now is Palin letting out a massive Ric Flair WOOOOOOO ;D
The inability or want to find a viable alternative from both angles speaks volumes to the depth of shit we're in now and what we will continue to tolerate.
Who would you like to see run?
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Kirk, I don't know if you know this but Goldwater, who ran for president was born in Arizona when it was a territory, not a state. McCain may have been born in coco solo or a nearby hospital. The constitution states Natural Born Citizen but does not define. There is a letter betwixt Washington and Jay regarding the issue. Basically, we care getting into constitutional interpretation. Currently, if you are born overseas to us parents you are an american citizen. Could it be brought to the supreme court and fought, yes, but it hasn't, although it was threatened during both Goldwater, McCain and at least one other. Birthrite citizenship of the us could also be argued but at the time being is a accepted
I'm curious kirk, you say Cruz is not an american. Fact being, he is and until the supreme court rules otherwise, he will remain so.
I'm going to go with the considered opinion of the Harvard Emeritus Professor of Constitutional Law. A Mexican-Canadian may be the next President.
So one professor against current law. You sound more like trump everyday.
Ah but it's not current law. It's a murky area that has never been adjudicated in court.
There’s more than meets the eye in the ongoing dustup over whether Ted Cruz is eligible to serve as president, which under the Constitution comes down to whether he’s a “natural born citizen” despite his 1970 Canadian birth. Senator Cruz contends his eligibility is “settled” by naturalization laws Congress enacted long ago. But those laws didn’t address, much less resolve, the matter of presidential eligibility, and no Supreme Court decision in the past two centuries has ever done so. In truth, the constitutional definition of a “natural born citizen” is completely unsettled, as the most careful scholarship on the question has concluded. Needless to say, Cruz would never take Donald Trump’s advice to ask a court whether the Cruz definition is correct, because that would in effect confess doubt where Cruz claims there is certainty.
People are entitled to their own opinions about what the definition ought to be. But the kind of judge Cruz says he admires and would appoint to the Supreme Court is an “originalist,” one who claims to be bound by the narrowly historical meaning of the Constitution’s terms at the time of their adoption. To his kind of judge, Cruz ironically wouldn’t be eligible, because the legal principles that prevailed in the 1780s and ’90s required that someone actually be born on US soil to be a “natural born” citizen. Even having two US parents wouldn’t suffice. And having just an American mother, as Cruz did, would have been insufficient at a time that made patrilineal descent decisive.
[...]
When Cruz was my constitutional law student at Harvard, he aced the course after making a big point of opposing my views in class — arguing stridently for sticking with the “original meaning” against the idea of a more elastic “living Constitution” whenever such ideas came up. I enjoyed jousting with him, but Ted never convinced me — nor did I convince him.
At least he was consistent in those days. Now, he seems to be a fair weather originalist, abandoning that method’s narrow constraints when it suits his ambition
https://www.bostonglobe.com/opinion/...GoK/story.html
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Re: Republican Candidate Poll
It is murky, but he is an american citizen. What is truly murky is birthrite citizenship. If an american couple have a child while traveling in China, the child is not automatically a Chinese citizen, he or she is a. American citizen. Reverse the couple, Chinese citizens have a baby in the us, the child is american.
Since Cruz is a citizen, it would be highly unlikely his citizenship would be revoked. Laws can't be ex post facto but a ruling by the courts could change it for future generations. As for Cruz, the argument is moot. He is currently a citizen and that ain't gonna change, sorry.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
It is murky, but he is an american citizen. What is truly murky is birthrite citizenship. If an american couple have a child while traveling in China, the child is not automatically a Chinese citizen, he or she is a. American citizen. Reverse the couple, Chinese citizens have a baby in the us, the child is american.
Since Cruz is a citizen, it would be highly unlikely his citizenship would be revoked. Laws can't be ex post facto but a ruling by the courts could change it for future generations. As for Cruz, the argument is moot. He is currently a citizen and that ain't gonna change, sorry.
Born in Calgary, Canada, as an anchor baby for an illegal Mexican immigrant. Yes sirree, as American as apple pie. He was a Canadian citizen too up to a few years ago. I think we need to see the mother's birth certificate. The long form version too, the actual original copy. So we can check the kerning and make sure it's real. Why haven't we seen the birth certificate?
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Re: Republican Candidate Poll
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
Utter utter bullshit
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
Utter utter bullshit
In what way?
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
Utter utter bullshit
In what way?
Basically every which way
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Re: Republican Candidate Poll
You tell him, Walrus. Ask him about those interest rates too and check if my Janet and John books were right.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
Utter utter bullshit
In what way?
Basically every which way
At least Lyle used to make an argument. He never had a clue either but at least he tried to argue back.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
You tell him, Walrus. Ask him about those interest rates too and check if my Janet and John books were right.
Yes mate, today's soaring interest rates, hyperinflation and collapsing currencies have proved you right, you fucking fruit loop.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
No matter which one of these idiots ends up winning there's one huge problem down the line. We're going to see an economic downturn and the only way out of it will be massive government spending, serious spending of a trillion or two dollars.
But at least the House if not the Senate won't give any prez any amount of money like that. And we may well get a prez who thinks that government spending isn't the answer to the downturn but instead cutting spending and support for the financial system a la 1930s Mellonite liquidationist theory which turned a market collapse into the Depression.
So the likely range of policy response to the next recession goes from do nothing to make it much worse. And unfortunately with the next one even doing nothing is not an option.
Utter utter bullshit
In what way?
Basically every which way
At least Lyle used to make an argument. He never had a clue either but at least he tried to argue back.
Yes, but I don't have the tolerance for utter nonsense that Lyle does. It would serve me better to fight windmills than trudge in such utter nonsense.
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Re: Republican Candidate Poll
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
Once again my positions in the market are fine. I must be a genius.
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Re: Republican Candidate Poll
I just heard the fed is expecting a 20 trillion dollar deficit due in part to Obama care. Some are saying it could be 30 trillion which means probably 100 trillion.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
I just heard the fed is expecting a 20 trillion dollar deficit due in part to Obama care. Some are saying it could be 30 trillion which means probably 100 trillion.
Any debt the US government incurs is due in part to every single thing the government spends money on. Obamacare is a tiny fraction of the government budget. And thirty billion in relation to what? When do they predict debt levels will be that high? And what do they predict GDP will be then? You're aware the debt level is irrelevant provided GDP keeps pace, right? That that debt will never be paid back and that it doesn't matter?
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
I just heard the fed is expecting a 20 trillion dollar deficit due in part to Obama care. Some are saying it could be 30 trillion which means probably 100 trillion.
Any debt the US government incurs is due in part to every single thing the government spends money on. Obamacare is a tiny fraction of the government budget. And thirty billion in relation to what? When do they predict debt levels will be that high? And what do they predict GDP will be then? You're aware the debt level is irrelevant provided GDP keeps pace, right? That that debt will never be paid back and that it doesn't matter?
Utter trash
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
Yes, I should have known not to try and debate economics and finance with a Korean English teacher. What could I know with only my twenty five year career in the financial industry as experience and knowledge cmpared to somebody who teaches English in Korea.
So you think when interest rates rise the system collases. How does it collapse? Give me what you think is a likely scenario. How will interest rates rise if central banks don't want them to? Why will they cause the system to collapse? Hmmm?
Also, too, explain to me the different types of inflation and deflation and also what is going on now. Help me understand it.
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Re: Republican Candidate Poll
"You cannot taper a ponzi scheme" said Janet to young John. Repeat after me kiddies "You cannot taper a ponzi scheme".
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
Yes, I should have known not to try and debate economics and finance with a Korean English teacher. What could I know with only my twenty five year career in the financial industry as experience and knowledge cmpared to somebody who teaches English in Korea.
So you think when interest rates rise the system collases. How does it collapse? Give me what you think is a likely scenario. How will interest rates rise if central banks don't want them to? Why will they cause the system to collapse? Hmmm?
Also, too, explain to me the different types of inflation and deflation and also what is going on now. Help me understand it.
What a nut, the GDP expanded .7 percent last quarter. So you the the debt is not an issue for our economy. What an utter utter utter know it all who doesn't. I wouldn't bother arguing with you, my cat is actually much better at human intersections. And give us back forum gay of the year's, @miles has waited long enough. Take that tiara out of your ass and give it here you tiara hoarder utter homo thug
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Re: Republican Candidate Poll
Don't try to reason with him, Walrus. Kirkland lives in topsy turvy banker land. None of it makes any sense. He will be advocating negative interest rates next. What a mad man.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
Yes, I should have known not to try and debate economics and finance with a Korean English teacher. What could I know with only my twenty five year career in the financial industry as experience and knowledge cmpared to somebody who teaches English in Korea.
So you think when interest rates rise the system collases. How does it collapse? Give me what you think is a likely scenario. How will interest rates rise if central banks don't want them to? Why will they cause the system to collapse? Hmmm?
Also, too, explain to me the different types of inflation and deflation and also what is going on now. Help me understand it.
What a nut, the GDP expanded .7 percent last quarter. So you the the debt is not an issue for our economy. What an utter utter utter know it all who doesn't. I wouldn't bother arguing with you, my cat is actually much better at human intersections. And give us back forum gay of the year's, @miles has waited long enough. Take that tiara out of your ass and give it here you tiara hoarder utter homo thug
Debt in relation to what though? If you owe a million dollars and you earn ten thousand a year you've got a problem. If you owe a million dollars and you earn ten million a year you don't have a problem.
American debt is only a problem if it's well out of proportion to how much America makes or if it's spiralling out of control. It isn't out of proportion and it's increasing at the same rate as GDP so the debt:GDP ratio, the really crucial thing, remains the same.
And it'll never be paid back. It doesn't ever need to be paid back.
Your mistake is believing that you know anything about economics or finance. I mock Miles by saying he's got a Janet and John level of knowledge -- Janet and John being the first books toddlers are given in England when they're learning to read -- but the truth is people like you and Miles don't even have a Janet and John level of knowledge. You have no education or experience of finance or economics but you've read some nutty websites or listened to some talk radio idiot and have learnt completely wrong things which you now believe to be true.
Rather than ranting away ignorantly you should just stay quiet and learn. Better to remain silent and be thought a fool than open your mouth and remove all doubt.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
"You cannot taper a ponzi scheme" said Janet to young John. Repeat after me kiddies "You cannot taper a ponzi scheme".
What is this supposed to mean? If you're talking about the Fed tapering QE then they did and interest rates didn't budge at all so clearly the dollar and American debt by your own definition isn't a Ponzi scheme.
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Re: Republican Candidate Poll
US national debt is by its nature a ponzi scheme as it will never be paid off. You sell a welfare state based on single mums and welfare then pray and hope the kiddies will pay it off by some miracle in the future despite less and less well paying employment. It is a ponzi scheme. The stock markets are a ponzi scheme. The gold markets are a ponzi scheme. There are ponzi schemes everywhere. Finance is a ponzi scheme. It is money from nothing hoping a few more gullible fools will buy in as a few cash out. Ponzi schemes a plenty. They must go on as long as possible.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
These are abnormal times, Kirk.
You are quick to attack, but as soon as interest rates rose the system is teetering. My Janet and John books were right. Just 0.25% too. Titter titter.
The hyper inflation was in stocks and property and now it should start to crash. Money was not given to any old person was it now. Currencies around the world have been suffering too.
What you've been saying for about eight years is that interest rates would soar as governments would have to pay big premiums to get people to buy their worthless dollar/sterling euro debt.
You spent eight years predicting hyperinflation when we're seeing eight years of one percent inflation. If stock markets going up is hyperinflation, then surely the current big current falls in the markets means we're seeing massive deflation? How is that possible?
You've been claiming the dollar is becoming worthless for eight years now.
https://research.stlouisfed.org/fred...aph.png?g=3gwa
So everything you've been saying for the last eight years has proved to be diametrically opposed to reality. You fucking fruit loop.
Interest rates haven't soared and that has been my point. For some reason you fail to compute this. Instead you waffle on with a bunch of untruths as is your will and way. I have always maintained that when interest rates rise the system collapses. Why is that so difficult for you to comprehend? It's like talking to a Geordie or something.
Walrus is right. You cannot discuss things with people who make stuff up and talk streams of nonsense. If you do not understand what is going on or the different types of inflation/deflation then you are in the correct trade.
Back to my Janet and John books now. I look forward to the next interest rate hikes. Pfft.
Yes, I should have known not to try and debate economics and finance with a Korean English teacher. What could I know with only my twenty five year career in the financial industry as experience and knowledge cmpared to somebody who teaches English in Korea.
So you think when interest rates rise the system collases. How does it collapse? Give me what you think is a likely scenario. How will interest rates rise if central banks don't want them to? Why will they cause the system to collapse? Hmmm?
Also, too, explain to me the different types of inflation and deflation and also what is going on now. Help me understand it.
What a nut, the GDP expanded .7 percent last quarter. So you the the debt is not an issue for our economy. What an utter utter utter know it all who doesn't. I wouldn't bother arguing with you, my cat is actually much better at human intersections. And give us back forum gay of the year's, @miles has waited long enough. Take that tiara out of your ass and give it here you tiara hoarder utter homo thug
Debt in relation to what though? If you owe a million dollars and you earn ten thousand a year you've got a problem. If you owe a million dollars and you earn ten million a year you don't have a problem.
American debt is only a problem if it's well out of proportion to how much America makes or if it's spiralling out of control. It isn't out of proportion and it's increasing at the same rate as GDP so the debt:GDP ratio, the really crucial thing, remains the same.
And it'll never be paid back. It doesn't ever need to be paid back.
Your mistake is believing that you know anything about economics or finance. I mock Miles by saying he's got a Janet and John level of knowledge -- Janet and John being the first books toddlers are given in England when they're learning to read -- but the truth is people like you and Miles don't even have a Janet and John level of knowledge. You have no education or experience of finance or economics but you've read some nutty websites or listened to some talk radio idiot and have learnt completely wrong things which you now believe to be true.
Rather than ranting away ignorantly you should just stay quiet and learn. Better to remain silent and be thought a fool than open your mouth and remove all doubt.
I was commenting on what you said about debt in relation to GDP. Funny how you twist things just to do so. If you think you are wise, become a fool, so you may become wise. You may fancy yourself bright but your posts prove the utter opposite.
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Re: Republican Candidate Poll
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
well, he builds houses in "downtime," my family works in economics, I never knew them to have to take second jobs as they never had, "downtime" but Kirk knows all, we know nothing.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
well, he builds houses in "downtime," my family works in economics, I never knew them to have to take second jobs as they never had, "downtime" but Kirk knows all, we know nothing.
Absolutely, I know nothing either. I read and listen to people who do know things though and they tend not to say the kinds of things that Kirk does. Every sensible person knew what would happen when interest rates rose and I said it to Kirk for years and when it happened he just starts waffling about other things when called out on it. I may know nothing, but I was right and I will admit when I am wrong. That is why Kirkland is a phoney forum gay of the year. He doesn't have the humility to be a forum gay.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
US national debt is by its nature a ponzi scheme as it will never be paid off. You sell a welfare state based on single mums and welfare then pray and hope the kiddies will pay it off by some miracle in the future despite less and less well paying employment. It is a ponzi scheme. The stock markets are a ponzi scheme. The gold markets are a ponzi scheme. There are ponzi schemes everywhere. Finance is a ponzi scheme. It is money from nothing hoping a few more gullible fools will buy in as a few cash out. Ponzi schemes a plenty. They must go on as long as possible.
So everything is a Ponzi scheme.
Yes, it'll never be paid off. But that doesn't make it a Ponzi scheme. US bonds are the safest investment on the planet as evidenced by the market for them. America will always be in debt but as long as the debt is proportional to its income it doesn't matter. Back in 1988 after Reagan had trebled the national debt in eight years people were panicking about debt levels. Buy gold! Fiat money is a Ponzi scheme! America owed £2.6 trillion. About as much as it spent invading Iraq in 2003. Governments are immortal Miles and debt reduces over time due to a combination of economic growth and moderate 2 percentish inflation. That's why the bond market doesn't panic and dump trillions of dollars of Ponzi scheme debt but keeps buying it even when it pays zero real interest. This is just Janet and John basic facts.
America currently owes roughly 100% of its yearly income. A young couple or individual can get a mortgage for three times their yearly income easily and they're far more of a risk than an entire country which has guaranteed income indefinitely and never retires. US private sector debt is four times national debt and nobody is claiming that private business is a Ponzi scheme or about to go bust. Apart from people who either know nothing about numbers, finance or currencies that is.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
well, he builds houses in "downtime," my family works in economics, I never knew them to have to take second jobs as they never had, "downtime" but Kirk knows all, we know nothing.
I was joking about the moonlighting thing. I just like doing something different half a day every week. The houses I work on are my own. I set my builder brothers up in the property business twenty years ago and I've got a share of the business. I also retired my parents out to Spain at the same time. I got my sister a start in TV news and helped her a little bit when she started her own business and now she owns part of one of the biggest PR firms in London. When it comes to money I know what I'm talking about.
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
well, he builds houses in "downtime," my family works in economics, I never knew them to have to take second jobs as they never had, "downtime" but Kirk knows all, we know nothing.
Absolutely, I know nothing either. I read and listen to people who do know things though and they tend not to say the kinds of things that Kirk does. Every sensible person knew what would happen when interest rates rose and I said it to Kirk for years and when it happened he just starts waffling about other things when called out on it. I may know nothing, but I was right and I will admit when I am wrong. That is why Kirkland is a phoney forum gay of the year. He doesn't have the humility to be a forum gay.
What do you think happened after interest rates rose? (0.25%)
Why did interest rates rise?
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Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
What have I been wrong about?
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
walrus
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
well, he builds houses in "downtime," my family works in economics, I never knew them to have to take second jobs as they never had, "downtime" but Kirk knows all, we know nothing.
I was joking about the moonlighting thing. I just like doing something different half a day every week. The houses I work on are my own. I set my builder brothers up in the property business twenty years ago and I've got a share of the business. I also retired my parents out to Spain at the same time. I got my sister a start in TV news and helped her a little bit when she started her own business and now she owns part of one of the biggest PR firms in London. When it comes to money I know what I'm talking about.
I retired my family to Dubai. I have a mansion and a yacht, top that.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
What have I been wrong about?
Clinton as president will be one of the more obvious ones. Too funny.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
What have I been wrong about?
Clinton as president will be one of the more obvious ones. Too funny.
Betting and political futures markets all have Hillary as favourite to win in November. Warren Buffet and your best mate George Soros have both picked her to win. Absent health issues, some kind of scandal or more importantly an economic downturn she probably will win too. Unless Trump is the GOP nominee.
-
Re: Republican Candidate Poll
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Quote:
Originally Posted by
Kirkland Laing
Quote:
Originally Posted by
Gandalf
Yep, Kirkland seems like a bit of a nut the way he throws himself about with the insults and putting words in peoples mouths that were never there to begin with. I've seen that behavior once or twice before. He has been wrong on several occasions and he will never admit to it or apologise. That is the attitude of a banker right there. They destroy the world but make a few people rich and say they were right all along.
Listen to the excuses about government debt. The debt is inherited by the children of tomorrow and it will be paid for by sacrificing their standards of living. Just because the selfish buggers now are not going to pay does not mean it is never paid. In one way or another it will be paid. Either slavery for all or a default and a dollar in trouble. Despicable people the financialists. They brown nose up to the system in order to carry on stealing.
What have I been wrong about?
Clinton as president will be one of the more obvious ones. Too funny.
Betting and political futures markets all have Hillary as favourite to win in November. Warren Buffet and your best mate George Soros have both picked her to win. Absent health issues, some kind of scandal or more importantly an economic downturn she probably will win too. Unless Trump is the GOP nominee.
Utter nonsense, the illuminati haven't picked her yet
