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#1
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Huffington Post Abolishes Scarcity
In a recent article at the Huffington Post, Lynn Parramore assembled a
team of economists to refute nine "myths" about the deficit. On the one hand, it was refreshing to see these economists discuss with such candor the fact that our financial system is backed up by nothing but green pieces of paper. On the other hand, it was shocking to see these economists laud the fact. Read mo HuffPo Abolishes Scarcity - Robert P. Murphy - Mises Daily http://mises.org/daily/4349 |
#2
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Huffington Post Abolishes Scarcity
"?baMa? Tse Dung" wrote in message ... In a recent article at the Huffington Post, Lynn Parramore assembled a team of economists to refute nine "myths" about the deficit. On the one hand, it was refreshing to see these economists discuss with such candor the fact that our financial system is backed up by nothing but green pieces of paper. On the other hand, it was shocking to see these economists laud the fact. Read mo HuffPo Abolishes Scarcity - Robert P. Murphy - Mises Daily http://mises.org/daily/4349 Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. |
#3
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Huffington Post Abolishes Scarcity
Fred B. Brown wrote:
Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? I remember her as a flaming right winger back in the day. |
#4
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Huffington Post Abolishes Scarcity
On May 26, 7:48*am, dave wrote:
Fred B. Brown wrote: Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? *I remember her as a flaming right winger back in the day. She changed - she ditched the hubby and went left pretty hard. |
#5
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Huffington Post Abolishes Scarcity
On Wed, 26 May 2010 07:40:06 -0700 (PDT), bpnjensen
wrote in [ rec.radio.shortwave ]: On May 26, 7:48*am, dave wrote: Fred B. Brown wrote: Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? *I remember her as a flaming right winger back in the day. She changed - she ditched the hubby and went left pretty hard. Her Hubby ditched her for a man. She has always been a W. European Socialist. |
#6
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Huffington Post Abolishes Scarcity
On May 26, 7:59*am, Keith wrote:
On Wed, 26 May 2010 07:40:06 -0700 (PDT), bpnjensen wrote in [ rec.radio.shortwave ]: On May 26, 7:48*am, dave wrote: Fred B. Brown wrote: Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? *I remember her as a flaming right winger back in the day. She changed - she ditched the hubby and went left pretty hard. *Her Hubby ditched her for a man. She has always been a W. European Socialist. Ah, that's right - another one of those right-wing gays! :-) |
#7
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Huffington Post Abolishes Scarcity
"bpnjensen" wrote in message ... On May 26, 7:48 am, dave wrote: Fred B. Brown wrote: Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? I remember her as a flaming right winger back in the day. She changed - she ditched the hubby and went left pretty hard. Powered by a big V-8, twin turbochargers and a lead foot on the accelerator pedal. |
#8
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Huffington Post Abolishes Scarcity
On May 26, 11:51*am, "Fred B. Brown" wrote:
"bpnjensen" wrote in message ... On May 26, 7:48 am, dave wrote: Fred B. Brown wrote: Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. Really? I remember her as a flaming right winger back in the day. She changed - she ditched the hubby and went left pretty hard. Powered by a big V-8, twin turbochargers and a lead foot on the accelerator pedal. Arianna's mother Elli was active in the Communist-led Greek resistance movement during World War II. Her journalist father Constantine edited the resistance newspaper Paron. In England Arianna attended Cambridge University, where she studied Keynesian economics at Girton College and one of her tutors was the Maoist economist Joan Robinson. In 2000 Arianna Huffington was deeply involved in staging the Shadow Conventions designed as media propaganda shows to undermine Republicans and nudge Democrats farther to the political left. These mock conventions were organized by the Shadow Party organizations funded by George Soros and other wealthy leftists. Much mo http://www.discoverthenetworks.org/i...asp?indid=2010 |
#9
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Huffington Post Abolishes Scarcity
On May 26, 8:37*am, "Fred B. Brown" wrote:
"?baMa? Tse Dung" wrote in ... In a recent article at the Huffington Post, Lynn Parramore assembled a team of economists to refute nine "myths" about the deficit. On the one hand, it was refreshing to see these economists discuss with such candor the fact that our financial system is backed up by nothing but green pieces of paper. On the other hand, it was shocking to see these economists laud the fact. Read mo HuffPo Abolishes Scarcity - Robert P. Murphy - Mises Daily http://mises.org/daily/4349 Arianna Stasinopoulos Huffington is a 'real' financial expert. She's a Greek Socialist emigrant, considering that the Greek economy is collapsing I take what she has to say with a grain of salt. At least consider the underlying theme--that government has a duty to provide sufficient money to sustain the economy, and that government is the source of money. When an economy has the potential for expansion, the government should make additional money available. The government should curtail spending and reduce the money supply only when the economy is at maximum production and more money simply leads to inflation. The Republicans have it all backwards. The Bush administration not only spent money like drunken bank robbers, they also spent the money of useless wars and overseas adventures. They not only opened the money vaults to big business, they also shoveled the money to nonproductive investment banks, hedge funds, and international gamblers. The Republicans kept a loose money policy even while America's production facilites were being transferred overseas and America' manufacturing base was shrinking. The result was the collapse of the United States monetary system and the economy. And now that crippled US economy is rebounding and more money is needed to fund the expanding activity, the Republicans oppose government spending and expanding the money supply, the exact opposite of what is needed right now. The spendthrift Republicans who allowed international money changers to scoop up and gamble away most of the available cash have now become thrifty nannies who think the way to prosperity is for government to sit back and allow the international bankers to control the rate of America's recovery. |
#10
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Huffington Post Abolishes Scarcity
On May 26, 10:10*am, snakehawk wrote:
... *The spendthrift Republicans who allowed international money changers to scoop up and gamble away most of the available cash have now become thrifty nannies who think the way to prosperity is for government to sit back and allow the international bankers to control the rate of America's recovery. Marc Faber, Obama Makes Bush Look Like a Genius http://www.youtube..com/watch?v=RfrovBR4BcQ Gerald Celente on the State of The Union http://www.youtube.com/watch?v=UPwaeaGOOUE http://www.youtube.com/watch?v=v9JHTilpdfY http://theburningplatform.com/groups...of-reality/dis... http://moneynews.com/StreetTalk/davi...itehouse/2010/... http://www.youtube.com/watch?v=Qk1O9TVJ4w8 http://www.youtube.com/watch?v=fiDgfS2pOio http://www.youtube.com/watch?v=U2pOsvEwQi8 http://www.youtube.com/watch?v=qvAlbpnmsPs&feature=fvw http://www.youtube.com/watch?v=gPdpP9Uu5Lc http://www.youtube.com/watch?v=U2pOsvEwQi8 http://www.youtube.com/watch?v=zIJkArWvqu4 http://www.youtube.com/watch?v=EcblkyjmOtg http://www.youtube.com/watch?v=UlDNMB6wYmI&NR=1 http://www.youtube.com/watch?v=78ddURofMWs&NR=1 http://www.youtube.com/watch?v=UfuiN...1&feature=fvwp http://www.youtube.com/watch?v=gdBIRD87-Ao&NR=1 http://www.youtube.com/watch?v=kA5dfcMNtCo&NR=1 “The idea that you can fix a period of excess borrowing and excess consumption by more borrowing and more consumption to me is just ludicrous,” Jim Rogers, an American investment guru "....government and the banking system have deliberately created financial bubbles to shore up the economy, engender profits, and maintain tax revenues." http://www.youtube.com/watch?v=8vk91jU8Bt0 Soros Warns of Market Crash Thursday, 15 Apr 2010 10:58 AM Article Font Size Railway porter-turned-billionaire financier George Soros delivered a stark warning that the financial world is on the wrong track and that it may be hurtling towards an even bigger boom and bust than in the credit crisis. The man who ‘broke’ the Bank of England (and who is still able to earn a cool $3.3 billion in a year) said the same strategy of borrowing and spending that had got us out of the Asian crisis could shunt the financial world towards another crisis unless tough lessons are learned. Soros, who worked as a porter to pay for his studies at the London School of Economics after emigrating from Hungary, warned the financial world to heed the lesson that modern economics had got it wrong and that markets are not inherently stable. “The success in bailing out the system on the previous occasion led to a superbubble, except that in 2008 we used the same methods,” he told a meeting hosted by The Economist at the City of London’s modern and impressive Haberdashers’ Hall. “Unless we learn the lessons, that markets are inherently unstable and that stability needs to the objective of public policy, we are facing a yet larger bubble. “We have added to the leverage by replacing private credit with sovereign credit and increasing national debt by a significant amount.” One crumb of comfort could be the 10-year period between the 1998 Asian crisis and the 2008 credit crisis. If the pattern is repeated, it should at least mean we have another eight years to go before the next crash. © 2010 Reuters. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. http://moneynews.com/StreetTalk/geor...sh/2010/04/15/... http://www.rense.com/general85/chall.htm http://www.youtube.com/watch?v=9h2x7...eature=related http://www.youtube.com/watch?v=Pt4VLX96VLM The same people who complained about the widening wealth gap now think the new money printing and borrowing is such a wonderful and necessary policy forget it helps the rich the most. The policies are intended to avoid depressing asset prices which has the effect of shrinking the wealth gap. Who owns most of the assets if not the wealthy? How do you stop asset price deflation? By inflation. Who suffers most from inflation? Poor people. Who benefits most from inflation? Rich people who own assets. Evidently change we can believe in is no change. The rich get richer and the poor get poorer by government policy, just like always. http://www.youtube.com/watch?v=o7moo-O2Rok http://www.youtube.com/watch?v=CtllmgvoT_g http://www.youtube.com/watch?v=9nU3f...eature=related http://www.youtube.com/watch?v=qfoTo...eature=related http://www.youtube.com/watch?v=LSqhr...1&feature=fvwp |
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