Comments on: Stimulus Bill: An Atrocious Way To Legislate http://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/ 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. Sat, 20 Mar 2010 06:51:40 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Mit Obama wird alles besser | homo homini lupushttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-17894 Mit Obama wird alles besser | homo homini lupus Thu, 23 Apr 2009 13:56:03 +0000 http://www.ronpaul.com/?p=1117#comment-17894 [...] Ron Paul – Stimulus Bill: An Atrocious Way To Legislate [...] [...] Ron Paul – Stimulus Bill: An Atrocious Way To Legislate [...]

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]]> By: Mit Obama wird alles besser « homo homini lupushttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14382 Mit Obama wird alles besser « homo homini lupus Tue, 24 Feb 2009 20:00:22 +0000 http://www.ronpaul.com/?p=1117#comment-14382 [...] Ron Paul - Stimulus Bill: An Atrocious Way To Legislate [...] [...] Ron Paul – Stimulus Bill: An Atrocious Way To Legislate [...]

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]]> By: Ron Paul: Greenspan is Responsible | Ron Paul .comhttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14124 Ron Paul: Greenspan is Responsible | Ron Paul .com Fri, 20 Feb 2009 13:19:02 +0000 http://www.ronpaul.com/?p=1117#comment-14124 [...] Ron Paul: The one video that was watched a whole lot is up on the CampaignforLiberty.com [also on Youtube; transcript here] [...] [...] Ron Paul: The one video that was watched a whole lot is up on the CampaignforLiberty.com [also on Youtube; transcript here] [...]

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]]> By: Chrishttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14078 Chris Thu, 19 Feb 2009 22:33:13 +0000 http://www.ronpaul.com/?p=1117#comment-14078 Thanks for the link Nate. I am all over the LVMises institute website. Love it. I will check out the link and the other sites as well. Look forward to discussion with yall on other videos. Thanks for the link Nate. I am all over the LVMises institute website. Love it. I will check out the link and the other sites as well. Look forward to discussion with yall on other videos.

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]]> By: Natehttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14012 Nate Thu, 19 Feb 2009 03:07:44 +0000 http://www.ronpaul.com/?p=1117#comment-14012 Chris,You are obviously an intelligent and concerned person. You say you want to further your education on economics. Henry Hazlitt's book Economics in One Lesson is consistently championed as an excellent starting point for just such an endevor. It is a fast, enjoyable, and valuable read. It was first published in the 40s but so much of it reads like it was written yesterday because the lesson is so timeless.Here is a link to the PDF. Just read the contents and your eyes will probably widen because the chapters are so often discussed at present. Read it and you know more about economics than most everyone you see on TV. Except, of course, for the austrian economists who appear.www.hacer.org/pdf/Hazlitt00.pdfAlso, check out goldseek.com, mises.org, and fee.org Chris,

You are obviously an intelligent and concerned person. You say you want to further your education on economics. Henry Hazlitt’s book Economics in One Lesson is consistently championed as an excellent starting point for just such an endevor. It is a fast, enjoyable, and valuable read. It was first published in the 40s but so much of it reads like it was written yesterday because the lesson is so timeless.

Here is a link to the PDF. Just read the contents and your eyes will probably widen because the chapters are so often discussed at present. Read it and you know more about economics than most everyone you see on TV. Except, of course, for the austrian economists who appear.

http://www.hacer.org/pdf/Hazlitt00.pdf

Also, check out goldseek.com, mises.org, and fee.org

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]]> By: Natehttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14011 Nate Thu, 19 Feb 2009 02:56:30 +0000 http://www.ronpaul.com/?p=1117#comment-14011 And your views on the bailouts? And your views on the bailouts?

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]]> By: Chrishttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-14007 Chris Thu, 19 Feb 2009 01:40:52 +0000 http://www.ronpaul.com/?p=1117#comment-14007 I certainly dont want to stop debating ideas but what I am deeply concerned about is the fact we keep arguing amongst each other and dividing within our camps. Now, admittedly, Im not as educated on monetary policy as most but I dont see logic in being indebted to anyone. My wife and I fell into that trap with college loans, credit cards and a car note but we are getting rid of that debt as fast as we can because we have no savings for a rainy day which is now knocking on our door. If we get laid off then we might just go under. If we can turn that around to having at least six-month's savings then we could potentially weather the storm if it comes. To put that perspective on a national scale, its obvious the world is experiencing financial difficulty. Some governments are on the verge of collapse while others, maybe ours included, are not far behind. The biggest problem right now is confidence. The current monetary system we work with now relies too heavily on that factor alone. If countries or individual investors get nervous we start heading down. If too many get nervous at the same time, we could experience a recession. Having a gold backed currency would alleviate much of this problem. If you knew you had 100 dollars worth of gold waiting for you in a bank when you came in to redeem it with a 100 dollar note you would surely rest more confidently. You actually own something just like real estate. My point being, what is the glue that holds this system together? It is so fragile people get scared easily. Just look at the housing market here in the US. When all the foreclosures started popping up, it paralyzed the entire world. Thats just one sector of our economy! The feds kept driving interest rates lower and lower, people got into homes they couldnt afford, banks made risky loans to meet government quotas and then low and behold the fed raised interest rates and peoples ARMs went up, the loans couldnt be paid, money stopped flowing, and the financial system virtually stopped. Then the tax revenues tanked, our government went into panic and now this bill. Our state governments are suffering teffibly as well. The Fed Res gets to print more money and increase its power at the same time. Lucky them. By the way, am I mistaken that no matter what you call investments they all are based on the dollar? I mean if the dollar tanks, arent these savings worthless? Im more than willing to further my education on this. To Sean directly, I feel maybe you suffer from the same plight Ron Paul does. You try to explain such an extremely complex matter in a concise and limited time frame and find it difficult to fully express your point and views while trying not to drag it out into a long reply. I certainly dont want to stop debating ideas but what I am deeply concerned about is the fact we keep arguing amongst each other and dividing within our camps. Now, admittedly, Im not as educated on monetary policy as most but I dont see logic in being indebted to anyone. My wife and I fell into that trap with college loans, credit cards and a car note but we are getting rid of that debt as fast as we can because we have no savings for a rainy day which is now knocking on our door. If we get laid off then we might just go under. If we can turn that around to having at least six-month’s savings then we could potentially weather the storm if it comes. To put that perspective on a national scale, its obvious the world is experiencing financial difficulty. Some governments are on the verge of collapse while others, maybe ours included, are not far behind. The biggest problem right now is confidence. The current monetary system we work with now relies too heavily on that factor alone. If countries or individual investors get nervous we start heading down. If too many get nervous at the same time, we could experience a recession. Having a gold backed currency would alleviate much of this problem. If you knew you had 100 dollars worth of gold waiting for you in a bank when you came in to redeem it with a 100 dollar note you would surely rest more confidently. You actually own something just like real estate. My point being, what is the glue that holds this system together? It is so fragile people get scared easily. Just look at the housing market here in the US. When all the foreclosures started popping up, it paralyzed the entire world. Thats just one sector of our economy! The feds kept driving interest rates lower and lower, people got into homes they couldnt afford, banks made risky loans to meet government quotas and then low and behold the fed raised interest rates and peoples ARMs went up, the loans couldnt be paid, money stopped flowing, and the financial system virtually stopped. Then the tax revenues tanked, our government went into panic and now this bill. Our state governments are suffering teffibly as well. The Fed Res gets to print more money and increase its power at the same time. Lucky them. By the way, am I mistaken that no matter what you call investments they all are based on the dollar? I mean if the dollar tanks, arent these savings worthless? Im more than willing to further my education on this. To Sean directly, I feel maybe you suffer from the same plight Ron Paul does. You try to explain such an extremely complex matter in a concise and limited time frame and find it difficult to fully express your point and views while trying not to drag it out into a long reply.

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]]> By: Seanhttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-13979 Sean Wed, 18 Feb 2009 20:11:32 +0000 http://www.ronpaul.com/?p=1117#comment-13979 It depends on how fast the deficit rises.. The national deficit is savings bonds. It is natural for the deficit to go up as more people put money into their savings. But when we have to sell bonds overseas at the rate we are going, it can be harmful to our exchange rates which is what devalues the dollar. So the way we work it today is a bad thing. The reason why the government has gotten so big and has to borrow so much money is because we spend so much overseas.. There has to be a certain amount of money in circulation. This is represented with figures like M0, M1 etc.. The federal reserve balances the amount in circulation. When we spend so much money overseas, it has to be replaced. If the there is not enough commercial bank money created, than there is "central bank money" or "foreign debt" created, which is given to the treasury to disperse among the economy. The reason why we have to borrow so much money is because of our spending habbits overseas.. Nixon warned us about spending money over seas in his speech about removing the gold standard. He said we have to fix that before anything and he raised tarrifs.. That is our problem, we can't replace the money spent over sea's unless we borrow and print more. That is why they call it a flexible currency. It has no adherent value, but its the only system of money that can function with trade imbalances.I believe that a true free market economy has fair trade, not free trade. If all of our jobs have been sent over sea's with unfair domestic taxation, than using money to create green jobs to promote american wealth and to end our dependency on oil is probably not just the most moral thing to do but the smartest thing to do economicly to get us away from our addition to spending money over seas so we could eventually build an economy fit to handle whatever system of money you would wish to have. It depends on how fast the deficit rises.. The national deficit is savings bonds. It is natural for the deficit to go up as more people put money into their savings. But when we have to sell bonds overseas at the rate we are going, it can be harmful to our exchange rates which is what devalues the dollar. So the way we work it today is a bad thing.
The reason why the government has gotten so big and has to borrow so much money is because we spend so much overseas.. There has to be a certain amount of money in circulation. This is represented with figures like M0, M1 etc.. The federal reserve balances the amount in circulation. When we spend so much money overseas, it has to be replaced. If the there is not enough commercial bank money created, than there is “central bank money” or “foreign debt” created, which is given to the treasury to disperse among the economy.
The reason why we have to borrow so much money is because of our spending habbits overseas.. Nixon warned us about spending money over seas in his speech about removing the gold standard. He said we have to fix that before anything and he raised tarrifs.. That is our problem, we can’t replace the money spent over sea’s unless we borrow and print more. That is why they call it a flexible currency. It has no adherent value, but its the only system of money that can function with trade imbalances.

I believe that a true free market economy has fair trade, not free trade. If all of our jobs have been sent over sea’s with unfair domestic taxation, than using money to create green jobs to promote american wealth and to end our dependency on oil is probably not just the most moral thing to do but the smartest thing to do economicly to get us away from our addition to spending money over seas so we could eventually build an economy fit to handle whatever system of money you would wish to have.

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]]> By: Nate Dhttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-13974 Nate D Wed, 18 Feb 2009 19:25:51 +0000 http://www.ronpaul.com/?p=1117#comment-13974 It is about time! Shut up already. We are tired of seeing you BS posts.Austrian Economics for the win. It is about time! Shut up already. We are tired of seeing you BS posts.

Austrian Economics for the win.

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]]> By: Natehttp://www.ronpaul.com/2009-02-14/stimulus-bill-an-atrocious-way-to-legislate/comment-page-1/#comment-13973 Nate Wed, 18 Feb 2009 19:23:07 +0000 http://www.ronpaul.com/?p=1117#comment-13973 Again with the ad homs. I went to college and have a bank account but both those facts are completely irrelevant. Why are you even bringing up bonds? I know what they are (and I assume you are talking about government bonds) but we don't need to talk about them in order to determine if, IN PRINCIPLE, the national debt is a good thing or a bad thing.The questions are very simple. Here they are again:Is the national debt a good thing or a bad thing?Why is the US government so big? Is it because of our addiction to oil and foreign products?Do you support or oppose the bailouts?I don't see how these could possibly be annoying or difficult to answer. Again with the ad homs. I went to college and have a bank account but both those facts are completely irrelevant. Why are you even bringing up bonds? I know what they are (and I assume you are talking about government bonds) but we don’t need to talk about them in order to determine if, IN PRINCIPLE, the national debt is a good thing or a bad thing.

The questions are very simple. Here they are again:

Is the national debt a good thing or a bad thing?

Why is the US government so big? Is it because of our addiction to oil and foreign products?

Do you support or oppose the bailouts?

I don’t see how these could possibly be annoying or difficult to answer.

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