[kidwoo]

Jesus dude, I'm not picking on alabama (this time) I just picked somewhere that wasn't west coast and isn't known as an industry hub like silicon valley or the tech triangle in NC to discuss nationwide standards.

Broad impacts seem to be a difficult concept here.......

Just out of curiosity, what do you think happens to public state universities when budgets and curricula are determined by local politicians and no longer held to nationwide standards? God knows no nutjob ever got elected in alabama with fvcked up ideas on education. (See NOW I'm picking on alabama). Right now the universities are little more immune to that crap than grade schools. At a certain point, it's not going to up to the teachers any more how good of a school they can help create. The DOE keeps impartial education away from the idiocies of the ballet box for the most part. There's a reason for that.

 

[kidwoo]

No. Why was the Fed created?

So you really don't know, but think it would be a great idea to get rid of it.........having no idea why it was created in the first place? I'll give you a hint. If you figure out why it was created, you'll understand a little better what it actually does today. And why that serves a very useful purpose.

I love that we have people screaming to kill the fed, with no idea why it was created in the first place and what it subsequently has held off since.

"repeal of the 20th century"

There really is no more apt term to describe this shlt.

 

[rockofullr]

No. Why was the Fed created?

He lives!

 

[blackohio]

some people really like their currency to sometimes have value and other times to not have any. I guess no one uses continentals anymore huh.

I don't know about you guys but market crashes were fun.

 

[kidwoo]

some people really like their currency to sometimes have value and other times to not have any. I guess no one uses continentals anymore huh.

I don't know about you guys but market crashes were fun.

Gold is REAL!! You can hold it in your hand!!

 

[the desmondo]

So you really don't know, but think it would be a great idea to get rid of it.........having no idea why it was created in the first place? I'll give you a hint. If you figure out why it was created, you'll understand a little better what it actually does today. And why that serves a very useful purpose.

Tell me why it was created.

 

[kidwoo]

Tell me why it was created.

To control otherwise wildly fluctuating interest rates and provide market stability as well as curb runaway inflation, it's modern incarnation mostly in response to the great depression.


Probably safe to assume you don't know HOW it does that either right?



edit: christ, why am I even doing this.

READ something besides the transcript from "the obama deception"
http://www.federalreserve.gov/faqs/about_12594.htm

And if you don't believe those lyin government lips, here's the more 'populist' take

http://en.wikipedia.org/wiki/Federal_Reserve_System



"Why do we need a cat? We haven't had a mouse problem since we got the damn thing"

 

[the desmondo]

Thank you kidwoo.

 

[kidwoo]

Why do you think it's a good idea to get rid of it if you really didn't know these things?

 

[Pesqueeb]

I know its bad form to quote yourself, but I tried warning you people in the NRA thread.

It is only the 3rd. But don't worry, Desmondo seems to be active again so its only a matter of time until something even more depressing/ridiculous pops up.

 

[jonKranked]

where's renegade rick?

 

[dante]

No. Why was the Fed created?

I love that we have people screaming to kill the fed, with no idea why it was created in the first place and what it subsequently has held off since.

Lol. Like I've said before, Ron Paul supporters can only see "best case scenario" in any of their proposals...

 

[the desmondo]

I lied.
I understand why the Federal Reserve was created. It's doing a ****tastic job.

It's incredible what it will take for a paradigm shift to occur in this forum.

 

[kidwoo]

I lied.
I understand why the Federal Reserve was created. It's doing a ****tastic job.

No shlt einstein.


So explain your view of market volatility in the Fed's absence and why you think it's a good idea to get rid of it. No patronizing this time, answer the question all by your own wittle self.

 

[Pesqueeb]

where's renegade rick?

DARPA and the Zionists found him.

 

[blackohio]

No shlt einstein.


So explain your view of market volatility in the Fed's absence and why you think it's a good idea to get rid of it. No patronizing this time, answer the question all by your own wittle self.

I cannot wait for this reply.

 

[kidwoo]

Incoming youtube link in 3........2..........

 

[dante]

I lied.
I understand why the Federal Reserve was created. It's doing a ****tastic job.

It's incredible what it will take for a paradigm shift to occur in this forum.

No, I'm pretty sure you were right the first time... You obviously have no idea why the Fed was created or what it's done for the US in the past 100 years.

 

[?????]

Jesus dude, I'm not picking on alabama (this time) I just picked somewhere that wasn't west coast and isn't known as an industry hub like silicon valley or the tech triangle in NC to discuss nationwide standards.

I realize that, but the location that you 'just picked' is actually one of the top industry hubs in the country, has been referred to as Silicon Valley South, has the highest number of PhD's per capita in the country, has the most engineers per capita in the country, has the 4th largest research park in the world, and has sent people to the moon.

You may not be picking on Alabama, but you also know nothing of present day Alabama.

 

[the desmondo]

Market volatility will exist with or without the Fed. Sound money will never exist with the current system. I guess I'm anti-American for saying that the Constitution serves a purpose.What the hell did the founding fathers know anyway? They only lived at a time when the very fundamentals of economies were being decided.

 

[dante]

Oh god. The hardest part of trying to commit self-crucifixion over the Constitution is getting that last nail in...

 

[blackohio]

Im not going to rag on Al.

But...

It doesn't have the highest per capitia PhD. Not even close. Huntsville AL does. thats it. In-fact only 11+% of your population went beyond a bachelors degree. Overall stats places AL as 38th of top 200 cities. Not bad, but not as great as you'd make it seem. Same goes for engineers, that only applies to one city. Huntsville.

LEts be honest here, the fact that huntsville does is simply because of it's ties with Nasa. I've been to AL. Nice place, wouldn't want to live there though.

 

[kidwoo]

I realize that, but the location that you 'just picked' is actually one of the top industry hubs in the country, has been referred to as Silicon Valley South, has the highest number of PhD's per capita in the country, has the most engineers per capita in the country, has the 4th largest research park in the world, and has sent people to the moon.

You may not be picking on Alabama, but you also know nothing of present day Alabama.

Neither do you apparently


I don't confuse 'florida' with 'cape canaveral' for a reason ya know.

 

[?????]

Im not going to rag on Al.

But...

It doesn't have the highest per capitia PhD. Not even close. Huntsville AL does. thats it. In-fact only 11+% of your population went beyond a bachelors degree. Overall stats places AL as 38th of top 200 cities. Not bad, but not as great as you'd make it seem. Same goes for engineers, that only applies to one city. Huntsville.

LEts be honest here, the fact that huntsville does is simply because of it's ties with Nasa. I've been to AL. Nice place, wouldn't want to live there though.

I'm from Huntsville. We've already established that rural is rural.

San Franciscans wouldn't be too pleased if everyone stereotyped them based on some southern California hicktown.

 

[kidwoo]

I'm from Huntsville. We've already established that rural is rural.

San Franciscans wouldn't be too pleased if everyone stereotyped them based on some southern California hicktown.

Doing so would be a disservice to so many of the truly ****ed up self righteous weirdos that do live in SF. They deserve their own ridicule and to rob them of that would just be wrong.

Picture grade school in Mobile without national standards. REALLY take the time to envision that scene. I passed through there all the time on my way to new orleans to drink at 18 so we're back in my territory and I can make fun of it.

 

[dante]

I'm from Huntsville. We've already established that rural is rural.

Everything I know about Alabama I learned from Top Gear...

 

[blackohio]

Then you need to be specific, say Huntsville, and not alabama. Don't fall victim to your own games.

 

[the desmondo]

Oh god. The hardest part of trying to commit self-crucifixion over the Constitution is getting that last nail in...

.....while sustaining an election campaign based on this very document without flip flopping while winning over democrats, republicans and independents. That whole crucifixion Ron Paul is apparently going for is doing mighty well for him. So much that simply ignoring him won't work to get rid of him. Could it be that there are actually like-minded individuals from every political spectrum who support this man? Or is it that Ron Paul is simply privileged to lead an incredible awakening of all political leanings?

Would you agree Ron Paul holds principles that are dangerous to the establishment? Yup, whoever the **** endorses the Constitution is bat**** crazy. It seems likes it harder for you to standby and witness your sanctified holiest of holies internet echo chamber be invaded than to not lay the intellect smackdown. Kudos to you sir.

 

[blackohio]

oh jesus. That reads like its straight out of a libertarian manual. Most people supporting him have no idea of the impact of his ideas and when he dumps all the agencies and everything goes to **** you'll all be wondering where it went wrong and I can tell you this. It went wrong with you. I'd rather have Mit than Paul and I ****ing hate Mit.

 

[kidwoo]

.....while sustaining an election campaign based on this very document with out flip flopping while winning over democrats, republicans and independents. That whole crucifixion Ron Paul is apparently going for is doing mighty well for him. Could it be that there are actually like-minded individuals from every political spectrum who support this man? Or is it that Ron Paul is simply privileged to lead an incredible awakening of all political leanings?

Would you agree Ron Paul holds principles that are dangerous to the establishment? Yup, whoever the **** endorses the Constitution is bat**** crazy. It seems likes it harder for you to standby and witness your sanctified holiest of holies internet echo chamber be invaded than to not lay the intellect smackdown. Kudos to you sir.

Or the obvious reason: Lots of genuinely ignorant people who don't have any grasp whatsoever on the implications of most of his proposals.

Don't forget that one.

I know which one is seeming more and more like the scenario that explains your support. You can of course change that to some degree by answering the question of how you think market volatility will be affected in the absence of the Fed. Heads up though, you have to know specifically what they do and not just why they were created to answer that question.

 

[?????]

You'd be surprised at how many people first associate Huntsville with that terrible place in Texas that executes everyone accused of a misdemeanor. It's a no win situation.

 

[blackohio]

I grew up in the worst place in the south. Atl. That place was a ****ing ****hole of stupid assholes of every skin color and hatred and even I know how much Texas sucks more than alt or mobile or birmingham.

 

[blackohio]

i hate i can't spread rep to kidwoo right now.

 

[Silver]

i hate i can't spread rep to kidwoo right now.

I'll hit him with negative for you, don't worry.

 

[dante]

Or the obvious reason: Lots of genuinely ignorant people who don't have any grasp whatsoever on the implications of most of his proposals.

Pffffffft. What good has the FDA ever done for ordinary Americans?

 

[the desmondo]

Or the obvious reason: Lots of genuinely ignorant people who don't have any grasp whatsoever on the implications of most of his proposals.

Don't forget that one.

I know which one is seeming more and more like the scenario that explains your support. You can of course change that to some degree by answering the question of how you think market volatility will be affected in the absence of the Fed. Heads up though, you have to know specifically what they do and not just why they were created to answer that question.

Market volatility will exist with or without the Fed. Sound money will never exist with the current system. I guess I'm anti-American for saying that the Constitution serves a purpose.What the hell did the founding fathers know anyway? They only lived at a time when the very fundamentals of economies were being decided.

I replied.

 

[the desmondo]

Not sure what you're getting at here. Ron Paul's beef with the FDA is that they are corrupt.Slashing the FDA's budget by 40% wouldn't necessarily hamper their ability to provide info about drug safety. If you need a government agency to tell you drugs are safe or not thats fine. But why wouldn't there be a drug safety agency in a free market?

 

[dante]

Not sure what you're getting at here. Slashing the FDA's budget by 40% wouldn't necessarily hamper their ability to provide info about drug safety. If you need a government agency to tell you drugs are safe or not thats fine. But why wouldn't there be a drug safety agency in a free market?

Why exactly would there be a drug safety agency in a free market? I just pointed out an instance where drug companies certainly didn't "police themselves", as Paul seems to think would happen...

 

[kidwoo]

I replied.

Yeah but that just showed you have no idea what you're talking about.

Because you have no idea how the Fed deals with volatility and what it would be without the Fed.

 

[kidwoo]

I grew up in the worst place in the south. Atl. That place was a ****ing ****hole of stupid assholes of every skin color and hatred and even I know how much Texas sucks more than alt or mobile or birmingham.

Aw come on, atlanta is like the one shining beacon of culture in the south. Gots music, gots restaurants, gots museums. It's still a shlt hole yeah, but it's WAY better than any other southern metro area. There's a reason every gay person for 500 miles runs like hell from their hometowns there.

Yeah I'd never move back either though