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Edited by Der Todesengel: 3/11/2014 12:30:07 PM
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[quote]Taken straight from their party's homepage.[/quote] Taken straight from one website representing a "Tea Party" organization. There are others that do not include social issues in their platform. "Taken straight from their party's homepage" • Constitutionally Limited Government or your personal freedom and your rights • Free Market Economics or economic freedom to grow jobs and your opportunities • Fiscal Responsibility or very simply, a debt free future for you and generations to come - Der
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  • [quote]• Free Market Economics or economic freedom to grow jobs and your opportunities [/quote] Cause that worked so well in the 1920's. [quote]• Fiscal Responsibility or very simply, a debt free future for you and generations to come [/quote] Not. Going. To. Happen. Ever.

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  • [quote]Cause that worked so well in the 1920's.[/quote]Do some research. It was the Fed's inaction that caused the credit crisis.

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  • [quote]Not. Going. To. Happen. Ever.[/quote] Why not? Because the people who vote for the goodies are close to outnumbering the people pulling the cart?? - Der

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  • [quote] Why not? Because the people who vote for the goodies are close to outnumbering the people pulling the cart?? - Der[/quote] We're, what, 16 trillion in debt? If you have a good way to start paying that off, please tell me. Because the only viable solution would be shut down the Federal Government completely for years on end, which cannot happen. We are never going to be debt free. Get that through your head. There is a grand total of 5 countries out there with no debt - Macau, British Virgin Islands, Brunei, Liechtenstein, and Palau. There is no way the US will ever be debt free. No. Way.

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  • Edited by cxkxr: 3/11/2014 9:06:17 PM
    The easiest thing would be to default, and let a global economic reset occur. Altho we'll probably lose our role as the world reserve currency, which is not a good thing. And it is possible to rid our debt, you just have to cut spending. If we slash spending to levels Ron Paul advocated, we could be debt free in a decade. I really don't understand the leftists attitude of, "our debt is unplayable, therefore let's just accumulate more!" Like, w0t?

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  • [quote]The easiest thing would be to default, and let a global economic reset occur. Altho we'll probably lose our role as the world reserve currency, which is not a good thing.[/quote] So your solution is to cause a global economic collapse, which could be worse than the economic turmoil that was the Great Depression, affections billions of people across the world. Thank god you are not in public office. [quote] And it is possible to rid our debt, you just have to cut spending.[/quote] No, it is not. No matter what you cut, we are going to run deficits. Unless we cut all welfare, most military spending, eliminate programs like the FDA, none of which are viable - it's akin to shutting down the entire Government for years. [quote]I really don't understand the leftists attitude of, "our debt is unplayable, therefore let's just accumulate more!" Like, w0t?[/quote] I really don't understand the Tea Party's attitude of "let's just default and cause one of the worst economic situations in history!" Like, w0t?

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  • Edited by Der Todesengel: 3/11/2014 9:21:08 PM
    Running endless deficits and cranking the debt will also cause collapse. I guess if you're on a sinking ship, punching more holes in the bottom is as good a strategy as bailing... right? - Der

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  • Edited by cxkxr: 3/11/2014 9:34:07 PM
    [quote]So your solution is to cause a global economic collapse, which could be worse than the economic turmoil that was the Great Depression, affections billions of people across the world. [/quote] Global economic reset =/= global depression lol. It's happened plenty of times in history where the leading world reserve currency changes hands, it's not the end of the world. And I'm not saying it's a solution, rather an inevitability if we continue what we're doing and continue to let the central banking ponzi scheme run it's course. [quote]Thank god you are not in public.[/quote] I thank God for that too. [quote]No, it is not. No matter what you cut, we are going to run deficits. Unless we cut all welfare, most military spending, eliminate programs like the FDA, none of which are viable - it's akin to shutting down the entire Government for years.[/quote] If you look into Rand or Ron's fiscal policies, they mathematically show the plausibility of ridding our debt within a decade or so, while keeping enough funding to sustain the essentials and necessities of govt. Of course, we as a nation, need to be revived and enlightened again, to put in the work to get us out of the hole the two party oligarchy has put us in. A govt can only do so much, the people themselves have to do the rest. [quote]I really don't understand the Tea Party's attitude of "let's just default and cause one of the worst economic situations in history!" Like, w0t?[/quote] See my first paragraph.

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  • [quote]And I'm not saying it's a solution, rather an inevitability if we continue what we're doing and continue to let the central banking ponzi scheme run it's course. [/quote] Oh, now it's a scheme. I see. [quote]If you look into Rand or Ron's fiscal policies, they mathematically show the plausibility of ridding our debt within a decade or so, while keeping enough funding to sustain the essentials and necessities of govt. [/quote] I would love to. [quote]Paul supports cutting government spending, a balanced budget amendment, and lowering taxes. He has criticized both Republicans and Democrats on deficit spending. Paul has been a longtime opponent of the bank and auto industry bailouts. He also opposes the Federal Reserve Act of 1913 and the Federal Reserve's control of the money supply and interest rates. He has advocated allowing the free market to regulate interest rates, and supports Congress' constitutional role in controlling the money supply. Paul endorses H.R. 1207, the Federal Reserve Transparency Act, a bill, introduced by his father, mandating an audit of the Federal Reserve. Paul supports transparency and accountability of the semi-private institution. Additionally, Paul opposes inflation and supports "restoring the value of the dollar that has devalued by approximately 95% since the Federal Reserve's inception in 1913". Paul has sought to reduce the funds lent by the Export-Import Bank of the United States to countries that hold U.S. debt. He compared the practice to corporate welfare and stated that it was wrong that we "borrow billions of dollars from China, India, and Saudi Arabia then we loan it back to them again."[/quote] I see nothing new here that other people haven't said.

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  • It is a scheme. Look up the definition ponzi scheme, then study the function of a central bank operating in secrecy.

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  • Should I wear my tin hat?

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  • If it helps you understand documented history and mathematical facts, go for it.

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  • Edited by cxkxr: 3/11/2014 8:51:16 PM
    [quote][quote]• Free Market Economics or economic freedom to grow jobs and your opportunities [/quote] Cause that worked so well in the 1920's.[/quote] >Implying we had free markets in the 20's. "From now on, depressions will be scientifically created" -Congressman Lindburgh, 1913. And if you didn't know, that's the year the Federal Reserve was created, and was the end of real free markets. Govt was manipulating interest rates and engaged in crony capitalism during the 20's, just like today. [quote][quote]• Fiscal Responsibility or very simply, a debt free future for you and generations to come [/quote] Not. Going. To. Happen. Ever.[/quote] That's bc the leftists never want to cut anything, and they usually believe debt is wealth?

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  • [quote]That's bc the leftists never want to cut anything, and they usually believe debt is wealth?[/quote] Cut the military and I'm willing to talk cuts.

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  • Deal, there is waste and fraud in everything gov't does. I'd wager there is less in the military, but there are ways to cut. Problem is progressives will NEVER cut social programs. Hell, they won't even agree to slow the rate of growth of entitlements. The fiscal plane is heading towards the mountain and instead of tossing cargo to lighten the plane, progressives are trying to find ways to make the plane heavier. - Der

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  • [quote]The fiscal plane is heading towards the mountain and instead of tossing cargo to lighten the plane, progressives are trying to find ways to make the plane heavier.[/quote] Are you unable to conceive of fiscal policy without it being put in terms of some dumb metaphor about a crashing plane or sinking ship? Government isn't a household managing its debt, it isn't a sinking ship with big debt cargo-crates and it's not a plane about to crash into a mountain - it's [i]government[/i]. Running deficits is necessary to avoid painfully high unemployment rates when demand is low. Having no debt and running a comfortable surplus would be a nice outcome for government - but not having 15% unemployment is a much better one.

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  • Edited by Der Todesengel: 3/11/2014 11:00:36 PM
    Lol. Deficit spending has such a wonderful track record of success. The US has taken on debt every year for more than 20 years. Were we in recession every year? Was there a financial crisis for the last few decades? I love the "government isn't your household budget" canard. Just another excuse to keep digging. - Der

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  • Oh, so you are advocating that the government should be accumulating debt, but that when (and as) the economic circumstances improve attempts should be made to decrease the deficit with the ultimate goal of having the budget on track for a structural surplus when receipts increase and expenditure on welfare decreases? Or do you just think America should never have debt ever because something something children something constitution

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  • Reading comprehension isn't your strong suit, is it? [quote]The US has taken on [b]debt every year for more than 20 years.[/b] Were we in recession every year? Was there a financial crisis for the last few decades?[/quote] - Der

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  • Maybe you're not following this too well here, but that means that the US needs to have tighter fiscal policy in periods of economic prosperity. It doesn't mean the idea of government debt needs to be abolished, or that existing government debt even needs to be totally paid down. Borrowing money is very, very important for fiscal policy.

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  • Edited by Der Todesengel: 3/12/2014 10:08:02 AM
    I savvy just fine. I just don't subscribe to your Keynesian bullshit. - Der

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  • Edited by Seggi: 3/12/2014 12:31:42 PM
    That 'Keynesian bullshit' being what exactly? What, specifically, is it that you're rejecting here?

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  • Seriously? Google it. - Der

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  • Bumping in case you missed my post.

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  • Nope, it just didn't warrant another response. Keynesian models don't work. Once the stimulus ends, the spending ends and all you have is the debt. Sound familiar? - Der

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