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Post by The Great Aztec Joe on Sept 24, 2010 3:32:54 GMT -8
All you guys are so old school. As long as we do not have to pay interest to the FED, we can borrow an unlimited amount of money and never have to pay it off. When are you guys going to wake up to the reality. We are not in debt. We just have imaginary debt. The FED can buy all of our foreign debt if the other countries want to sell it. Then we would have no interest payments at all.
People, Money is Free. It is as if it grows on trees.
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Post by waztec on Sept 24, 2010 20:32:23 GMT -8
I disagree with you - totally, completely and beyond any convincing otherwise. Did any of you people take any of the outstanding economics classes offered at SDSU? Business is sitting on tons capital they won't spend, because there is no demand. Government had to step in to create demand, because your heroes will not do it. You are completely wrong. No one will invest when you have an unstable government in power. Business would be crazy to expand till tax, fiscal and monetary policies are stable and government spending is reined in. Government spending is too inefficient to do much good. When it appears certain that Congress will turn Conservative and Obama will be neutered, you might see some improvement in the economy led by the private sector. Oh, Lord! Are you kidding? And that's why everyone on earth was investing here, in government securities mind you, during the depth of the crisis. We are one of the most stable countries on earth. Business is sitting on its cash because there is no demand and they won't stimulate it. The government is efficient all right, but you just don't like paying taxes, despite the fact that you benefit from them. You don't care about government efficiency or size, you just want to pay no taxes. That is your real beef. That is the basis for economic conservative thought as it exists post Twenty mule Team. Repeat after me: You cannot stimulate growth by reducing demand! You cannot stimulate growth by reducing demand! A demand reduction is what defines a recession! |
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Post by The Great Aztec Joe on Sept 25, 2010 7:30:36 GMT -8
Hell, not one so called conservative on this forum has the slightest idea what MONEY is!
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Post by aztecwin on Sept 25, 2010 7:49:59 GMT -8
Hell, not one so called conservative on this forum has the slightest idea what MONEY is! OK, Joe, tell us. I will show you with links where you are wrong if you are wrong. There are so many ideas of what money is that you try to draw a person in just to argue some arcane point. |
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Post by The Great Aztec Joe on Sept 25, 2010 10:00:45 GMT -8
Hell, not one so called conservative on this forum has the slightest idea what MONEY is! OK, Joe, tell us. I will show you with links where you are wrong if you are wrong. There are so many ideas of what money is that you try to draw a person in just to argue some arcane point. Arcane point? All you are doing is stalling and acting silly. Hell, not one so called conservative on this forum has the slightest idea what MONEY is! Come on, Win, there has to be a simple short sentence that you can use to tell us what money is. |
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Post by aztecwin on Sept 25, 2010 10:53:43 GMT -8
OK, Joe, tell us. I will show you with links where you are wrong if you are wrong. There are so many ideas of what money is that you try to draw a person in just to argue some arcane point. Arcane point? All you are doing is stalling and acting silly. Hell, not one so called conservative on this forum has the slightest idea what MONEY is! Come on, Win, there has to be a simple short sentence that you can use to tell us what money is. I did above in one short sentence, but this is much more complicated than that. An example is the difference between a one dollar bill and the one dollar silver certiicates. |
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Post by The Great Aztec Joe on Sept 25, 2010 12:32:35 GMT -8
Next, Win, you are going to tell me that you will refuse to pay the 3.8 percent sales tax on your home because it does not specify that you are supposed to pay in Silver Certificates as opposed t Federal Reserve Notes.
Simple fact of the matter is that when that source of revenue for the health play kicks in in a few months, you will be allowed to use either type of dollar bill, or write a check or charge it on your credit card. Remember, that money has to be paid in advance or the house sale will not close.
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Post by aztecwin on Sept 26, 2010 7:39:16 GMT -8
Next, Win, you are going to tell me that you will refuse to pay the 3.8 percent sales tax on your home because it does not specify that you are supposed to pay in Silver Certificates as opposed t Federal Reserve Notes. Simple fact of the matter is that when that source of revenue for the health play kicks in in a few months, you will be allowed to use either type of dollar bill, or write a check or charge it on your credit card. Remember, that money has to be paid in advance or the house sale will not close. It will not happen. |
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Post by The Great Aztec Joe on Sept 26, 2010 7:49:05 GMT -8
Next, Win, you are going to tell me that you will refuse to pay the 3.8 percent sales tax on your home because it does not specify that you are supposed to pay in Silver Certificates as opposed t Federal Reserve Notes. Simple fact of the matter is that when that source of revenue for the health play kicks in in a few months, you will be allowed to use either type of dollar bill, or write a check or charge it on your credit card. Remember, that money has to be paid in advance or the house sale will not close. It will not happen. That is exactly what I just said, you do not pay the tax, and there will be no house sale. Sure as sheeet stinks, that is the future reality. |
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