The Truth About The Economy

What needs to happen is a switch from fiat money, to a hard asset standard. Anything of value can be represented by paper. But paper its self shouldnt have value that exceeds its self. Thats the essence of our economic woes. Its really terrible, because its not just the United States thats effected by this.UNHOLY_basic

Ps: You do seem smarter than most on the subject though, out of curiosity do you study/teach it?

and how would you know.

honestly.

This whole crisis is just about spending money you can't spend, and America tries to solve it by spending even more money they can't spend. If you'd look at the real wealth of all countries in the world, Asian countries are catching up, or have catched up the USA already. Soon they'll own a big part of it, and I wonder what will happen then. I don't think the dollar will be worth a lot at the end of this crisis.

These movies really fail with the dramatic music. Why not do without music, or barely any music. It isn't like Ron Paul is some sort of prophet.

Silly people in this thread are silly.

Your getting the facts thrown in your face and you go on to bash the music because its propoganda. Way to dodge the fricking point fools!

wake up and stop messing with our country you damn ignorants!

Silly people in this thread are silly.

Your getting the facts thrown in your face and you go on to bash the music because its propoganda. Way to dodge the fricking point fools!

wake up and stop messing with our country you damn ignorants!

Yongying

[QUOTE="Athene_Wins"]I smell gang violence and uprisings.... and I live in canada, and thank's to the U.S.A, we will feel the shockwaves of this **** hole the U.S. dug the world into.UnknownSniper65

Closed the video as soon as I saw the Ron Paul quote

we can safely say that if we ever need advice on politics, we won't come to you.

Totally asinine? "Paul believes thatsecularismin America is a "war against religion, chipping away bit by bit at our nation's Christian heritage."

Please, capitalism did not solve the problem of child labor, it created it. Government regulation solved that problem.

MCPresident

capitilsm (corporatism) creates poverty all around the world. goverment regulation solved nothing.

[quote="UNHOLY_basic"] What needs to happen is a switch from fiat money, to a hard asset standard. Anything of value can be represented by paper. But paper its self shouldnt have value that exceeds its self. Thats the essence of our economic woes. Its really terrible, because its not just the United States thats effected by this.GhostOfKosh1

Ps: You do seem smarter than most on the subject though, out of curiosity do you study/teach it?

dood thats pretty basic stuff. its no wonder were in this mess now.

[QUOTE="MCPresident"]

Totally asinine? "Paul believes thatsecularismin America is a "war against religion, chipping away bit by bit at our nation's Christian heritage."

Please, capitalism did not solve the problem of child labor, it created it. Government regulation solved that problem.

x_Martyr_x

capitilsm (corporatism) creates poverty all around the world. goverment regulation solved nothing.

[QUOTE="x_Martyr_x"][QUOTE="MCPresident"]

Totally asinine? "Paul believes thatsecularismin America is a "war against religion, chipping away bit by bit at our nation's Christian heritage."

Please, capitalism did not solve the problem of child labor, it created it. Government regulation solved that problem.

Rip870

capitilsm (corporatism) creates poverty all around the world. goverment regulation solved nothing.

good god you are sheltered. if you were born on the other side of the world you would be singing a different tune about how "good we have it today."

stop thinking about yourself and remember the is more to the world than your tiny bubble. all you have to do is drive to the ghetto to see the wonderfull effect corporatism is having on society.

I smell gang violence and uprisings.... and I live in canada, and thank's to the U.S.A, we will feel the shockwaves of this **** hole the U.S. dug the world into.Athene_Wins

They tend to follow the money but, not the nature.

So what are you saying? That i should starve becuse people in other parts in the world starve. And how would that help the people that are starving. Your just another spoiled brainwashed socialist that dont have a clue how good the capitalist system is.Rip870

[QUOTE="Rip870"]So what are you saying? That i should starve becuse people in other parts in the world starve. And how would that help the people that are starving. Your just another spoiled brainwashed socialist that dont have a clue how good the capitalist system is.UNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="Rip870"]So what are you saying? That i should starve becuse people in other parts in the world starve. And how would that help the people that are starving. Your just another spoiled brainwashed socialist that dont have a clue how good the capitalist system is.Rip870

[QUOTE="Rip870"][QUOTE="UNHOLY_bUNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="Rip870"][QUOTE="UNHOLY_bRip870

[QUOTE="MCPresident"]Yeah, and because of that free market over the late 18th and early 19th century, the US became the richest, and most powerful country in the world. Since the 80s China's economy has become more and more free, and as a result they have the fastest growing economy in the world right now, they are not far from becoming the most powerful nation in the world because of capitalism. I agree Ron Paul has some crazy ideas about some stuff (like trying to immediately become an isolationist nation again, and leaving a vacuum in the world), but most of his ideas on the economy are right.Jacobistheman

[QUOTE="MCPresident"]

All you Paulites recycling his pro gold standard rhetoric need to look at what some actual economists think about that idea. In short, its not the answer. Ron Paul is not the answer. Somehow he gained immense internet popularity, which is strange to me, based on what he supports. Ron Paul wants to get everything back to how it was when the Constitution was written, including ending the secularization of the country. Some of you need to stop watching Youtube videos about him and actually look at what he wants.

Also, what exactly does "allowing capitalism to do its job" entail? We had pure laissez faire capitalism in the late 19th century. We also had the top 10% of the country holding 75% of the country's wealth. Thats what "allowing capitalism to do its job" does.

UNHOLY_basic

[QUOTE="Jacobistheman"][QUOTE="MCPresident"] Uhh no it wasn't.. The United States was not the most powerful nation of the time.. Those goes to places like Germany pre WW1.. [QUOTE="UNHOLY_basic"][QUOTE="MCPresident"]

All you Paulites recycling his pro gold standard rhetoric need to look at what some actual economists think about that idea. In short, its not the answer. Ron Paul is not the answer. Somehow he gained immense internet popularity, which is strange to me, based on what he supports. Ron Paul wants to get everything back to how it was when the Constitution was written, including ending the secularization of the country. Some of you need to stop watching Youtube videos about him and actually look at what he wants.

Also, what exactly does "allowing capitalism to do its job" entail? We had pure laissez faire capitalism in the late 19th century. We also had the top 10% of the country holding 75% of the country's wealth. Thats what "allowing capitalism to do its job" does.

sSubZerOo

[QUOTE="sSubZerOo"][QUOTE="Jacobistheman"] You should probably take your own advice. Ron Paul dosent want to remove secularization of the country. thats completely asinine, or its a flat out lie on your behalf. Most economist are pro gold standard. Ron Paul is pro hard asset standard, which is similar. Im gonna bet you dont know the difference between the gold standard and the fiat system, nor do you know the pros and con of either. Capitalism ended child labor through creating actual wealth and making the standard of living higher. It does this by eradicating bad business practice and forcing responsibility upon people. Thats what capitalism doing its job means. First thing we gotta do is allow capitalism to exist in the first place.UNHOLY_basic

Its precious too that youthink that complete capitalism is the solution of everything.. No it wasn't, its what lowered wages, crusehd workers rights etc etc.. Through the 1880s workers had no way of progressing in a certain point.. And befor ethe anti trust acts, monopolies were forming cartels iwth other businesses to further controlt he worker base.. Disagree with your employee and quit? Guess what you get black listed and may not be able to get a job in the entire state or region in the US.. Capitalism with out government intervention of any kind is just as bad as any other form in government.. Because what happens i you have a select few elite controling many, with the many have no way of moving up.. Businesses were curshed by monopolies.. and these workers were forced into stereotypes.. The 1880's to 1910's were not known for huge economic development compare dto eras such as the roaring 20s or the 1950s.. It was specifically with the progressive movement which was mainly anti big buisness, and pro union.. Taft passed the child labor act, its LAW, it was not stopped through development of capitalism.. IT was due to teh uprising concern of workers being abused.

[QUOTE="Athene_Wins"][QUOTE="UNHOLY_basic"] it all starts with the banks, they wouldnt give people the opprotunity to live outside of their means if the banks werent living out side of their means in the first place. It seems like you have interest in economics, I think youll find this website interesting www.mises.org have fun.UNHOLY_basic

Im not interested all that much, i just know that spending money you dont have is bad and that the U.S government and high rolling bankers put us in this mess, then the bankers even asked for a bailout right after they mess up!

[QUOTE="UNHOLY_basic"][QUOTE="sSubZerOo"] Actually pro Union progressives ended child labor.. The people seen as "big government" not the pro business people.. If the pro business people had their way workers for much longer would have little safety and children would work for much longer through the 1900s. Perhapes you should look this up? Because the ending of child labor had nothing to do with the capitalism it was strictly the progressive movement backed by Teddy Roosevelt, Taft to Wilson.. Taft was the one that passed it.. Infact the progressive movement was in opostiion to complete capitalism because of worker abuse, low wages, etc etc.. This is not argueing the other poitns, but clearly you don't know your history.. The US was not economically booming in the 1901-1910. There were many problems.sSubZerOo

[QUOTE="UNHOLY_basic"][QUOTE="Athene_Wins"]

Im not interested all that much, i just know that spending money you dont have is bad and that the U.S government and high rolling bankers put us in this mess, then the bankers even asked for a bailout right after they mess up!

swizz-the-gamer

[QUOTE="swizz-the-gamer"][QUOTE="UNHOLY_basic"] yep. merging corporations with the government is bad. Corporatism is merely another word for fascism. If we allowed capitalism to do its job, we wouldnt be in this mess. But we keep pushing buttons, and well you know what happens.UNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="swizz-the-gamer"] lmao, I don't think you understand what corporatism is. Simply merging coprporations with the goverment is not Corpratism.swizz-the-gamer

[QUOTE="swizz-the-gamer"][QUOTE="UNHOLY_basic"] lmao, http://en.wikipedia.org/wiki/Corporatism I didnt say what youre implying. You're fishing here. Corporatism is where unelected bodies(corporations) create legislation, in other words corporations and government become the same thing. Its a simplification, but its still right. Grow up, please. If youre going to try and debate me, try not acting like a 17 year old.UNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="swizz-the-gamer"] There is no need to explain to me what it is, I understand it and I am fully against it. What I am saying is that simply merging corporations with the government is not corporatism... I'm also firmly against capitalism. swizz-the-gamer

[QUOTE="swizz-the-gamer"][QUOTE="UNHOLY_basic"] I know youre firmly against capitalism. But having corporations run the government is a very simple explaination of corporatism. Which the current US economy resembles. as a very hardcore capitalist, I am also against corporatism.UNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="swizz-the-gamer"] How do you know i'm firmly against capitalism?swizz-the-gamer

[QUOTE="swizz-the-gamer"][QUOTE="UNHOLY_basic"] your sig tipped me off.UNHOLY_basic

[QUOTE="UNHOLY_basic"][QUOTE="swizz-the-gamer"] Well, I do agree that the US economy does resemble corpatism, but to me the US has always looked corporatist. Corporations have a lot of power in your government, and it's all done while pretending to be a noble endevour in the interst of freedom. To be honest, US capitalism is a joke. Exploitation of the proletariat is more obvious and disgusting in the US than any other western country. swizz-the-gamer

[QUOTE="swizz-the-gamer"][QUOTE="UNHOLY_basic"] the us has been corporatist for a very long time. one thing im jealous about that the UK has is that many of your political parties actually have a chance. We arent a two party system by design, but our government is in bed with big business and the media wont put the libertarians, greens, or constitutionals in the debates or largely even mention them. UNHOLY_basic

Silly people in this thread are silly.

Your getting the facts thrown in your face and you go on to bash the music because its propoganda. Way to dodge the fricking point fools!

wake up and stop messing with our country you damn ignorants!

Yongying

So what are you saying? That i should starve becuse people in other parts in the world starve. And how would that help the people that are starving. Your just another spoiled brainwashed socialist that dont have a clue how good the capitalist system is.Rip870

i dont know where to start, other than telling you that everyone you said is wrong. you need to do some research, or just avoid threads like this. i did lol at you calling me spoiled though, how ironic.

the evil factory work you're thinking ended because of increases in wealth and it became easier to send kids to school after parents started making more money.... Because of capitalism.UNHOLY_basic

All a product of capitalism... How can you still support it?swizz-the-gamer

[QUOTE="Rip870"]So what are you saying? That i should starve becuse people in other parts in the world starve. And how would that help the people that are starving. Your just another spoiled brainwashed socialist that dont have a clue how good the capitalist system is.x_Martyr_x

i dont know where to start, other than telling you that everyone you said is wrong. you need to do some research, or just avoid threads like this. i did lol at you calling me spoiled though, how ironic.

Second, name one system that have got so many people out of poverty as capitalism has? Rip870

[QUOTE="Rip870"]Second, name one system that have got so many people out of poverty as capitalism has? Hewkii

Anarchy? Anarchy has never done anything for anyone, that would be counterintuitive. Its also never been implemented on a wide scale, so its reallyirresponsible to judge its merits.

What some here are seeing as ideal capitalism, with no governmentinvolvementat all, would result inoligopolies, sort of like Standard Oil and United Steel, except extrapolated to an even greater degree, because the McKinley Act prohibited trusts before they could get too out of control. How does pure capitalism, or libertarianism for that matter, deal with oligopolies?

[QUOTE="UNHOLY_basic"]the evil factory work you're thinking ended because of increases in wealth and it became easier to send kids to school after parents started making more money.... Because of capitalism.Hewkii

[QUOTE="Yongying"]

Silly people in this thread are silly.

Your getting the facts thrown in your face and you go on to bash the music because its propoganda. Way to dodge the fricking point fools!

wake up and stop messing with our country you damn ignorants!

Frattracide