Comments on: Central Economic Planning Doesn’t Work http://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/ Ron Paul is America's leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies. The Ron Paul Revolution continues. Sun, 21 Mar 2010 15:39:16 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Michael Shanklinhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-17537 Michael Shanklin Thu, 16 Apr 2009 05:29:17 +0000 http://www.ronpaul.com/?p=794#comment-17537 Hoover wasn't a free marketist! That's the biggest myth in the Keynesian monopolized education system!http://www.youtube.com/watch?v=jFXx2N1McuAhttp://www.youtube.com/watch?v=V4kv6441Oyohttp://www.youtube.com/watch?v=OV3k03FXwLkI hope you take the time to read Murray Rothbard's "America's Great Depression" at Mises.org. You will be amazed what you find about the bureaucratic political system we call government. Hoover wasn’t a free marketist! That’s the biggest myth in the Keynesian monopolized education system!

http://www.youtube.com/watch?v=jFXx2N1McuA

http://www.youtube.com/watch?v=V4kv6441Oyo

http://www.youtube.com/watch?v=OV3k03FXwLk

I hope you take the time to read Murray Rothbard’s “America’s Great Depression” at Mises.org. You will be amazed what you find about the bureaucratic political system we call government.

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]]> By: The American Spectator : AmSpecBlog : Blame Gamehttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-13547 The American Spectator : AmSpecBlog : Blame Game Fri, 13 Feb 2009 15:16:50 +0000 http://www.ronpaul.com/?p=794#comment-13547 [...] talk free-market radicalism like Ron Paul -- who denounces the entire proposal as an exercise in "central economic planning" -- but even if they endorse the interventionist impulse to Do Something, Republicans still have [...] [...] talk free-market radicalism like Ron Paul — who denounces the entire proposal as an exercise in “central economic planning” — but even if they endorse the interventionist impulse to Do Something, Republicans still have [...]

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]]> By: Jimbo From Irmohttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-13337 Jimbo From Irmo Tue, 10 Feb 2009 16:36:26 +0000 http://www.ronpaul.com/?p=794#comment-13337 Y'all are all delusional. "[T]he Free Market System will survive"???? How, pray tell, do you assume that might ever happen?The landmass now known as the united States of America has not seen the likes of a "Free Market Economy" since about 1492CE by the christian calendar.Within at most a couple of hundred years after that, the Europeans, with their silly class-structured-society mentality (like a dog pack) and their bizzarre fallus-envy of the other dogs' bone, had begun their "Manifest Destiny" of laying waste ("fill the Earth and subdue it") to their own newly-stolen nest. Instability, subdivisions, sprawl and the insane "everyone is entitled to a home mortgage" policy implemented by the "ruling class" -- are all merely modern Manifestations of that same Destiny.We are all hurting now because we deserve it. We the People of the you-knighted States have done this to ourselves, and there is no "higher power" about to step in and "fix things". No, not even His Holiness, Loyal Patriotic Komrade Mr. O'bama.A "Free Market" would not be tolerated by anyone who maintains a class-oriented "higher authority" mentality based on envy, jealousy ("I am a jealous God"...?), sloth and greed.First, we all have to agree to stop hating others who are different from us. We then have to stop allowing the more-motivated among us to tell us how to live our lives. (Just say "NO" to hypocrisy.) Accept that self-interest is the only legitimate motivator of any living being and learn to live with that fact (and adapt our behavior appropriately). Then (and this may be impossible) we all have to understand that "money" or "cash" or "bones" or any other token representing value -- is NOT THE VALUE IT REPRESENTS. (IOW, hoarding dollar bills is functionally no different than taking the numbers from the baseball scoreboard -- no matter how you try, you can't win the game that way)Even then, how many generations will have to fight the "old ways" before the "really old ways" are accepted?Until then, Darwin still rules. Those of us unwilling or unable to successfully adapt to the Market or the Environment or the Socialist States of Amerika or whatever, will inevitably fall behind and drop out of the gene pool.Cherokee Philosopher, me. Y’all are all delusional. “[T]he Free Market System will survive”???? How, pray tell, do you assume that might ever happen?

The landmass now known as the united States of America has not seen the likes of a “Free Market Economy” since about 1492CE by the christian calendar.

Within at most a couple of hundred years after that, the Europeans, with their silly class-structured-society mentality (like a dog pack) and their bizzarre fallus-envy of the other dogs’ bone, had begun their “Manifest Destiny” of laying waste (“fill the Earth and subdue it”) to their own newly-stolen nest. Instability, subdivisions, sprawl and the insane “everyone is entitled to a home mortgage” policy implemented by the “ruling class” — are all merely modern Manifestations of that same Destiny.

We are all hurting now because we deserve it. We the People of the you-knighted States have done this to ourselves, and there is no “higher power” about to step in and “fix things”. No, not even His Holiness, Loyal Patriotic Komrade Mr. O’bama.

A “Free Market” would not be tolerated by anyone who maintains a class-oriented “higher authority” mentality based on envy, jealousy (“I am a jealous God”…?), sloth and greed.

First, we all have to agree to stop hating others who are different from us. We then have to stop allowing the more-motivated among us to tell us how to live our lives. (Just say “NO” to hypocrisy.) Accept that self-interest is the only legitimate motivator of any living being and learn to live with that fact (and adapt our behavior appropriately). Then (and this may be impossible) we all have to understand that “money” or “cash” or “bones” or any other token representing value — is NOT THE VALUE IT REPRESENTS. (IOW, hoarding dollar bills is functionally no different than taking the numbers from the baseball scoreboard — no matter how you try, you can’t win the game that way)

Even then, how many generations will have to fight the “old ways” before the “really old ways” are accepted?

Until then, Darwin still rules. Those of us unwilling or unable to successfully adapt to the Market or the Environment or the Socialist States of Amerika or whatever, will inevitably fall behind and drop out of the gene pool.

Cherokee Philosopher, me.

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]]> By: Peterhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-13055 Peter Wed, 04 Feb 2009 00:38:05 +0000 http://www.ronpaul.com/?p=794#comment-13055 Goverment Intervention is a Recipe for DisasterLook,I buy products based on their quality,price and reputation. That is it. That's how I make my decision when puchasing everything from socks to automobiles. The goverment comes along and starts using goverment money to bail out bad assets, bad investments and even companies that manufacture bad products. Should I invest money into a bad investment just because the goverment has delayed it's eventual downfall? No. It's still a bad investment.That's why it's losing money. Should I purchase an over priced,unreliable automobile to save American jobs? Just because the goverment is propping up the company with taxpayers money? No, it's still a bad product. When and if American Auto Companies starts producing an automobile that can beat the foreign competition,offer a better price and better reliabiliy then I'll purchase one. And so will many other people. The company will flourish. The competition will fall. Hence: no need for a bail out.That's how the free market system works. But no matter how much money is used to prop up a Hotdog Stand,if the hotdogs don't taste good no one is going to by any.IT WILL NEVER SUCCEED. It's the same with mortgage companies and banks. You cannot force success through cascades of unlimited money. Try going into a Casino with a blank check and turning a profit. You may win a little,you may win a lot,but you will not profit.So explain to me, how and why having the goverment prop up bad banks,auto companies and assets is going to change or improve anything?In Mother Nature,it's survival of the fittest. If you interfere and try to "save the sick buffalo" because you are compassionate, the sickness will spread and endanger the entire herd. Why not let the sick buffalo die? Cold but practical. And let the herd survive and grow stronger. Let the bad banks,companies and assets fall.Let them all fall.The good investments, the sound companies and succesful manufacturers will thrive and the Free Market System will survive. Goverment Intervention is a Recipe for Disaster

Look,I buy products based on their quality,price and reputation. That is it. That’s how I make my decision when puchasing everything from socks to automobiles. The goverment comes along and starts using goverment money to bail out bad assets, bad investments and even companies that manufacture bad products. Should I invest money into a bad investment just because the goverment has delayed it’s eventual downfall? No. It’s still a bad investment.That’s why it’s losing money. Should I purchase an over priced,unreliable automobile to save American jobs? Just because the goverment is propping up the company with taxpayers money? No, it’s still a bad product. When and if American Auto Companies starts producing an automobile that can beat the foreign competition,offer a better price and better reliabiliy then I’ll purchase one. And so will many other people. The company will flourish. The competition will fall. Hence: no need for a bail out.That’s how the free market system works. But no matter how much money is used to prop up a Hotdog Stand,if the hotdogs don’t taste good no one is going to by any.IT WILL NEVER SUCCEED. It’s the same with mortgage companies and banks. You cannot force success through cascades of unlimited money. Try going into a Casino with a blank check and turning a profit. You may win a little,you may win a lot,but you will not profit.

So explain to me, how and why having the goverment prop up bad banks,auto companies and assets is going to change or improve anything?

In Mother Nature,it’s survival of the fittest. If you interfere and try to “save the sick buffalo” because you are compassionate, the sickness will spread and endanger the entire herd. Why not let the sick buffalo die? Cold but practical. And let the herd survive and grow stronger. Let the bad banks,companies and assets fall.Let them all fall.The good investments, the sound companies and succesful manufacturers will thrive and the Free Market System will survive.

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]]> By: Howardhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12468 Howard Wed, 21 Jan 2009 11:06:29 +0000 http://www.ronpaul.com/?p=794#comment-12468 The dynasty of the rich in this country that have lobbyist and politicians that make the law to make them richer, is what got us in to this mess. The inside trading the government contacts and I can go on. I all this I bet there butts are covered. In am not saying put the S.O.B. out on the street. Borrow more money to get out of debt. How stupid is that. They talk about GM Ford and Chrysler showing up in Learjet's. Did you know we have two airforce one's and people that spend all day long waxing them. Did you say soon. Also make a example of the crooks by starting out by putting George Jr. on trial. Hey it can be fixed. The crook's that did it that riped off all the gold should be made accountable. O let's just barrow more. SURE The dynasty of the rich in this country that have lobbyist and politicians that make the law to make them richer, is what got us in to this mess. The inside trading the government contacts and I can go on. I all this I bet there butts are covered. In am not saying put the S.O.B. out on the street. Borrow more money to get out of debt. How stupid is that. They talk about GM Ford and Chrysler showing up in Learjet’s. Did you know we have two airforce one’s and people that spend all day long waxing them. Did you say soon. Also make a example of the crooks by starting out by putting George Jr. on trial. Hey it can be fixed. The crook’s that did it that riped off all the gold should be made accountable. O let’s just barrow more. SURE

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]]> By: David Grahamhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12447 David Graham Wed, 21 Jan 2009 02:22:36 +0000 http://www.ronpaul.com/?p=794#comment-12447 ok howard, I'll go easy and say that what you are suggesting is unconstitutional, although, it isn't far from what we already have today. Taking at the most extreme portions of this post, you are arguing the validity of a scaled taxation, like described in Mein Kampf (http://en.wikipedia.org/wiki/Mein_Kampf), basically. A lot of men died trying to stop this and worse from happening. Although I don't agree in any way with what your strategy, I do agree if we don't change things soon, it will be in vein. ok howard, I’ll go easy and say that what you are suggesting is unconstitutional, although, it isn’t far from what we already have today. Taking at the most extreme portions of this post, you are arguing the validity of a scaled taxation, like described in Mein Kampf (http://en.wikipedia.org/wiki/Mein_Kampf), basically. A lot of men died trying to stop this and worse from happening. Although I don’t agree in any way with what your strategy, I do agree if we don’t change things soon, it will be in vein.

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]]> By: Howardhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12438 Howard Wed, 21 Jan 2009 00:30:53 +0000 http://www.ronpaul.com/?p=794#comment-12438 I believe the billionaire's should all pay higher taxes on their wages. The more you make the higher the percent you pay..Like a person that makes 50 million a year can't live on 25 million. This country has been better to these people. The rest of us are the slaves that make it happen for them. At lease till the national debt is payed off. People that make under say 1/2 a millions should pay nothing. It is going to the come down to the very rich against the rest of us. When a small percent of the people own a very large percent of the wealth of this country. The law are made for the wealth and that is were we are at. I hope we get are head's out of are butt's soon I believe the billionaire’s should all pay higher taxes on their wages. The more you make the higher the percent you pay..Like a person that makes 50 million a year can’t live on 25 million. This country has been better to these people. The rest of us are the slaves that make it happen for them. At lease till the national debt is payed off. People that make under say 1/2 a millions should pay nothing. It is going to the come down to the very rich against the rest of us. When a small percent of the people own a very large percent of the wealth of this country. The law are made for the wealth and that is were we are at. I hope we get are head’s out of are butt’s soon

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]]> By: Seanhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12410 Sean Tue, 20 Jan 2009 15:21:28 +0000 http://www.ronpaul.com/?p=794#comment-12410 If the fed didn't raise interest rates those 15 times bc of oil. We would have experienced serious inflation. If the fed didn’t raise interest rates those 15 times bc of oil. We would have experienced serious inflation.

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]]> By: Kylehttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12407 Kyle Tue, 20 Jan 2009 12:43:59 +0000 http://www.ronpaul.com/?p=794#comment-12407 You just proved my point Sean. The price of Oil did not cause the housing market bubble. The federal reserve, by regulating interest rates caused the bubble. And trust me, the bubble was started long before 2005-06. It just escalated a lot with the fed's intervention.And you also seemed to ignore one important possibility. Let the companies fail. New companies will rise up, take their place, prices will be cheaper, and the market will be balanced, instead of artifically regulated by some outside source who has no idea what the true value is. You just proved my point Sean. The price of Oil did not cause the housing market bubble. The federal reserve, by regulating interest rates caused the bubble. And trust me, the bubble was started long before 2005-06. It just escalated a lot with the fed’s intervention.

And you also seemed to ignore one important possibility. Let the companies fail. New companies will rise up, take their place, prices will be cheaper, and the market will be balanced, instead of artifically regulated by some outside source who has no idea what the true value is.

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]]> By: Ken Freemanhttp://www.ronpaul.com/2009-01-14/central-economic-planning-doesnt-work/comment-page-1/#comment-12400 Ken Freeman Tue, 20 Jan 2009 01:19:15 +0000 http://www.ronpaul.com/?p=794#comment-12400 Sean, you're honestly not making any sense and cluttering up the discussion. Sean, you’re honestly not making any sense and cluttering up the discussion.

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