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Old 05-23-2013, 12:49 PM   #1
The Ghost of Championship
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The Federal Reserve has been buying back and retiring every single dime of Obama's spending, which just so happened to save the world. The federal debt hasn't expanded one bit.

They always crucify the saviors.

Last edited by The Ghost of Championship; 05-23-2013 at 12:50 PM.
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Old 05-23-2013, 10:29 PM   #2
ribosoma
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Originally Posted by The Ghost of Championship View Post
The Federal Reserve has been buying back and retiring every single dime of Obama's spending, which just so happened to save the world. The federal debt hasn't expanded one bit.

They always crucify the saviors.
Equating puppet political leaders to religious prophets seems like a pretty well-balanced, rational approach to take.

Since the Fed's inception, the value of the U.S. dollar has dropped by 97%.

Then there's this:

Quote:
Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. I would like to say to Milton and Anna: Regarding the Great Depression. You're right, we did it. We're very sorry. But thanks to you, we won't do it again.
-Remarks by Governor Ben S. Bernanke at the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois


They can come right out and say it and it doesn't even nudge the needle for most Americans. I suspect because most Americans are profoundly ignorant of their own history and rely almost exclusively upon media interests owned by the biggest crooks in the world for their news.


Pardon the interruption of the appeal to authority hour... now, back to your original programming.


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Old 05-24-2013, 08:35 AM   #3
mcsluggo
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Quote:
Originally Posted by ribosoma View Post
Equating puppet political leaders to religious prophets seems like a pretty well-balanced, rational approach to take.

Since the Fed's inception, the value of the U.S. dollar has dropped by 97%.

Then there's this:


-Remarks by Governor Ben S. Bernanke at the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois


They can come right out and say it and it doesn't even nudge the needle for most Americans. I suspect because most Americans are profoundly ignorant of their own history and rely almost exclusively upon media interests owned by the biggest crooks in the world for their news.


Pardon the interruption of the appeal to authority hour... now, back to your original programming.


well now... THIS is a thoroughly useles post cobbled together from blog posts tht you clearly didn't understand
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Old 05-24-2013, 11:32 AM   #4
The Ghost of Championship
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Originally Posted by ribosoma View Post
Since the Fed's inception, the value of the U.S. dollar has dropped by 97%.
Quite the strawman. Mediums of exchange are specifically designed to constantly expand, and are a convenience, not a store of value. Those who treat it as such are going to get crushed. The US was founded on the concepts of Protestant Work Ethic - invest your surplus rather than hoarding it like the old kingdom economies. Why the moonbat gold crowd wants to go back to the Spanish Inquisition economies is truly mind boggling.


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Originally Posted by ribosoma View Post
-Remarks by Governor Ben S. Bernanke at the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois
What both of them are talking about is not printing enough money to counter deflation. This quote contradicts you.


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Originally Posted by ribosoma View Post
They can come right out and say it and it doesn't even nudge the needle for most Americans. I suspect because most Americans are profoundly ignorant of their own history and rely almost exclusively upon media interests owned by the biggest crooks in the world for their news.
People who make this claim tend to be the most ignorant of history, as you have shown with your misunderstanding, and thus misuse, of that Bernanke quote.



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Originally Posted by ribosoma View Post
Pardon the interruption of the appeal to authority hour... now, back to your original programming.
The opinion of well informed professionals should be respected. You exhibit the Dunning-Kruger Effect well.
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