Trashing Ron Paul Thread (Moved from Hijacked thread)

[organix]

A recent example: The lack of coverage of Ron Paul's thorough victory at the recent Republican presidential debate. He won outright in all major polls by MSNBC, ABC, and Fox.

[Naturalized-Texan]

A recent example: The lack of coverage of Ron Paul's thorough victory at the recent Republican presidential debate. He won outright in all major polls by MSNBC, ABC, and Fox.
You're joking , of course. :hahaha: :hahaha: :hahaha:
Ron Paul came across as the complete idiot that he is.

[Naturalized-Texan]

BTW Tex, the real inflation rate is over 6%!!!! Greenspan left Bernanke in a box of NO WIN- situations in which no matter what he does, IT'S WRONG! That is true assuming that the FED continues the policy of bamboozling and B.S.
:hahaha: What is your source and is it credible? I doubt it.

[Etaoin]

:hahaha: What is your source and is it credible? I doubt it.


Tex, from your comment I assume that either your wife or your keeper does all the shopping and bill paying. You are big on what the gov't reports....how about reporting all those things that are daily expenses for the average household but are not included in the phony inflation figures presented to a gullible public! Just for starters, look at Energy, Food, Gasoline, and taxes.

Governments, by their very nature, lie! Fools believe their lies! Before accepting their lies, I'd suggest that you investigate before supporting.

If I accepted your obvious premise, The $350.00 per month I received in the late 1950's would still be a living wage in 2007. That is as ludicrous as your comment!

[organix]

You're joking , of course. :hahaha: :hahaha: :hahaha:
Ron Paul came across as the complete idiot that he is.

No, I am not; facts are facts. Ron Paul won outright in every poll after the debates. And the MSM irresponsibly failed to report this. Whether you think he is an idiot is your own opinion, and has nothing to do with the matter.

[pinqy]

Tex, from your comment I assume that either your wife or your keeper does all the shopping and bill paying. You are big on what the gov't reports....how about reporting all those things that are daily expenses for the average household but are not included in the phony inflation figures presented to a gullible public! Just for starters, look at Energy, Food, Gasoline, and taxes.Energy, Food, gasoline, and sales taxes (though not income or social security taxes) ARE included in the CPI. Sales taxes are also included in the Core CPI, though Food and Energy are not because of their extreme volatility.

You keep making the slanderous claim that inflation figures are phony, but you never manage to say who is "fixing" them or how or when. The Administration doesn't even get the CPI figures until the night before release.

[Rhino]

No, he didn't. Online viewer polls mean nothing anyway.

[DoctorDoom]

No, I am not; facts are facts. Ron Paul won outright in every poll after the debates. And the MSM irresponsibly failed to report this. Whether you think he is an idiot is your own opinion, and has nothing to do with the matter.And what makes you think that you in the PRC are getting the facts about what's going on in the USofA when your ChiCom tyrants are censoring everything on the Net that enters and leaves China?

[Naturalized-Texan]

BTW Tex, the real inflation rate is over 6%!!!! Greenspan left Bernanke in a box of NO WIN- situations in which no matter what he does, IT'S WRONG! That is true assuming that the FED continues the policy of bamboozling and B.S.
Unless and until you provide a credible source for your claim, I must conclude that you are just making up your 6% inflation figure. From our (my wife and I) observation, inflation is no greater than what is being reported by the government, thanks to Greenspan and now, Bernanke who are continuing the Friedmanite monetary policies that has produced the economic prosperity of the past 25+ years with just minimal inflation.
Tex, from your comment I assume that either your wife or your keeper does all the shopping and bill paying.
No, my wife and I pay the bills jointly and we often share grocery shopping. There is inflation, but it's currently very low except for the price of gasoline and the price of gasoline is entirely driven by the law of supply and demand. As the refineries complete their transition from heating oil and winter blends of gasoline to the multiple summer blends, the supply of gasoline will catch up with demand and the price will decline as it did last summer.

[Naturalized-Texan]

No, I am not; facts are facts. Ron Paul won outright in every poll after the debates. And the MSM irresponsibly failed to report this. Whether you think he is an idiot is your own opinion, and has nothing to do with the matter.
Who would be voting to support Ron Paul in the online viewer polls that were conducted by MSNBC and ABC?

Here's a partial list of Ron Paul supporters who were highly likely to have voted in the online viewer poll: Cindy Sheehan, Ward Churchill, Harry Reid, Nancy Pelosi, Mahmoud Ahmadinejad, George Soros, John Murtha, Osama bin Laden, Charlie Sheen, B. Hussein Obama, Rosie O'Donnell, Hitlery Clinton, Barbra Streisand, Hasan Nasrallah, Jane Fonda, Ayman al-Zawahiri, Teddy Kennedy.

[The_Elucidator]

Keep this crap out of other threads!

[Timberwolf]

Tex, from your comment I assume that either your wife or your keeper does all the shopping and bill paying. You are big on what the gov't reports....how about reporting all those things that are daily expenses for the average household but are not included in the phony inflation figures presented to a gullible public! Just for starters, look at Energy, Food, Gasoline, and taxes.

Governments, by their very nature, lie! Fools believe their lies! Before accepting their lies, I'd suggest that you investigate before supporting.

If I accepted your obvious premise, The $350.00 per month I received in the late 1950's would still be a living wage in 2007. That is as ludicrous as your comment!
I know that my utility bill (gas, electric, water) have gone up about 5%-7% in the past year. My property taxes have risen over 10% / year for the past 9 years (because the PTB have been artificially inflating home values), the price I pay for gasoline is roughly 100% more than it was a few years ago.

The bank in paying me ½% interest on my savings. My homeowners insurance is finally stable (after a 20% rate hike 2-3 years ago). Car insurance is rising again.

etc
etc

So, yeah, E...I hear ya. I wonder why the gubbermint stopped reporting M3. Probably so it won't have to report how much our money supply is being inflated...last year the figure was 9.5% which doesn't bode well for anyone (except those who figure to make a killing in the currency markets).

[noncom]

:hahaha: What is your source and is it credible? I doubt it.
Dude, think about who you're talking to for a second here.

The guy's claiming there's a conspiracy to cover up Ron Paul's greatness. The fact that there is no credible source is precisely what PROVES that the conspiracy exists!

These guys' thoughts all go in a very tight little circle. You start looking outside that, and you've already lost them.

[pinqy]

So, yeah, E...I hear ya. I wonder why the gubbermint stopped reporting M3. Probably so it won't have to report how much our money supply is being inflated...last year the figure was 9.5% which doesn't bode well for anyone (except those who figure to make a killing in the currency markets).The Fed stopped reporting because almost the non-M2 component just didn't add any real information and the cost of collection was very high. And where are you getting that 9.5% figure? It's not true.

[Timberwolf]

I believe it was at kitco.com I can't remember the guys name and the bookmark to the page was lost when I had to have my hard drives wiped and OS reloaded (Win98se was gettin' REALLY buggy...happier with XP)...I'll see if I can find it.

It most certainly IS true. Printing more money is one of the chief pressures in the devaluation of any nation's currency.

[Timberwolf]

Not the article I remember, but it makes reference to what I said:

http://www.investmentrarities.com/thebestofbb12-20-05.html

On The US Monetary Side:

US broad money supply (M3) has climbed to a record $US 10 TRILLION 112 Billion and is increasing in quantity at a 9.5 percent annualized rate. This is a huge, direct inflation of the US stock of money.

Economic Notes:

If you examine all the percentages above, all the rates at which varying sectors of the US economy are going into debt, you will see that every one is bigger than the 4.3 percent annualised reported US rate of economic "growth". Please note further that US private credit is expanding at 9.1 percent and that US M3 is expanding at 9.5 percent. Both of these numbers are more than double the US reported rate of economic "growth" of 4.3 percent per year.

[pinqy]

It most certainly IS true. Printing more money is one of the chief pressures in the devaluation of any nation's currency.I meant the figure wasn't true. For the last reporting of M3, it was around 8%. M1 has gone down in the last year, M2 has gone up 6.5%. Actual currency (M0) has gone up only 2% in the last year and M1 has gone Down 2%.

pinqy

[Timberwolf]

Look again...the figure is at 9½%.

[pinqy]

Look again...the figure is at 9½%.
Look at the actual data..for the essay, written on Dec 20th 2005, the most recent report was the Dec 15th 2005 H6 release (http://www.federalreserve.gov/releases/h6/20051215). The increase in M3 for the previous 13 weeks was approx 9.7% (I'm not sure where he was getting his particular figures since his claim of the M3 level was overstated as well) and he apparently annualized that rate. But why? Why not go with the actual annual rate, which, for the previous 12 months, was only 7.4%. In other words, he took a time period of large increase and annualized it, eliminating lower growth periods.

And I'm still not sure why you tagged on the line about printing more money when that has nothing to do with M3 (as M0 is already included in M1 and M2). As for M3, the only parts no longer published at all are Repurchase agreements and Eurodollars. The Fed claims that these have not been a real part of monetary policy for a long time and are not worth the cost. I'm looking for more details as finance and monetary theory are not my strong suits.



pinqy

[Naturalized-Texan]

Money Supply (http://en.wikipedia.org/wiki/Money_supply)

The most common measures are named M0 (narrowest), M1, M2, and M3. In the United States they are defined by the Federal Reserve as follows:

* M0: The total of all physical currency, plus accounts at the central bank that can be exchanged for physical currency.
* M1: M0 + the amount in demand accounts ("checking" or "current" accounts).
* M2: M1 + most savings accounts, money market accounts, small denomination time deposits and certificate of deposit accounts (CDs) of under $100,000.
* M3: M2 + all other CDs, deposits of eurodollars and repurchase agreements.
The government stopped reporting M3 because because it costs a lot to collect the data but doesn't provide significantly useful data. By far the most important measure of the money supply is M0. Since M2 and M3 predominantly measure savings, increases in those money supplies show increased savings and that is good. Consequently, if M3 is actually growing at 9.5%, that's good because it mostly reflects increased savings.

M0 is the one that affects inflation and as pinqy pointed out, M2 is only growing at a 2% rate. That's why inflation continues to be low.

[Timberwolf]

*sigh*