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Topic: lThis Day in History, before FDR's Raw Deal< Next Oldest | Next Newest >
 Post Number: 11
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PostIcon Posted on: Jun. 07 2012,8:39 am  Skip to the next post in this topic. Ignore posts   QUOTE
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 Post Number: 12
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PostIcon Posted on: Jun. 07 2012,11:08 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

(alcitizens @ Jun. 06 2012,11:10 pm)
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You can buy a house that was built in 2000 for less than you can build the same house today and get a 30 year fixed rate of 3.59%..

Inflation.. :rofl:

The US Dollar is the Strongest Currency in the World..

So what you're saying is home values are falling and you call that good news?

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Actually my wife is especially happy when my google check arrives each month. Thanks to douchbags like you, I get paid just for getting you worked up.  -Liberal
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 Post Number: 13
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Albert Lea
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PostIcon Posted on: Jun. 07 2012,11:53 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
What I'm saying is that we are experiencing deflation in the housing market, just like during the Great Depression under the Gold Standard yet now we have the ability to stop the deflation by inflating..

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PostIcon Posted on: Jun. 07 2012,2:19 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
So are you suggesting we create another housing bubble?
I would submit that the housing market was out of control, much like the tech market of the late 90s.  Bubbles are not good things, eventually they burst.

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After we screw up health care reform, let's take on the initiative of unscrewing the education system (gov't education)
Tacitus: (c. 56 AD-c. 117) "The more corrupt the state, the more it legislates."
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Albert Lea
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PostIcon Posted on: Jun. 07 2012,6:42 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
I'm suggesting that if we were under the Gold Standard today, we wouldn't be dealing with the Great Recession, we would be dealing with the Great Depression II..

Government allowing inappropriate lending standards by the banks caused the housing bubble..
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PostIcon Posted on: Jun. 07 2012,9:46 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

(alcitizens @ Jun. 07 2012,6:42 pm)
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I'm suggesting that if we were under the Gold Standard today, we wouldn't be dealing with the Great Recession, we would be dealing with the Great Depression II..

Government allowing inappropriate lending standards by the banks caused the housing bubble..

I hear what you are saying now.  I won't pretend to be smart enough to know if being back on the gold standard would or would not be good.  I do know that printing more money, no matter what backs it, is a bad thing.

As for the 2nd comment, Not only did the gov't allow it, they encouraged/forced it.

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After we screw up health care reform, let's take on the initiative of unscrewing the education system (gov't education)
Tacitus: (c. 56 AD-c. 117) "The more corrupt the state, the more it legislates."
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 Post Number: 17
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Albert Lea
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PostIcon Posted on: Jun. 08 2012,9:12 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
Austerity Measures(Cuts) tend to depress economic growth, which ultimately causes governments to lose more money in tax revenues. In countries with already anemic economic growth(United States), austerity can cause deflation which inflates existing debt. This can also cause the country's unemployment to increase.

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

The Republican Party is pushing for Austerity Measures(Cuts) during anemic economic growth.. :crazy:
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PostIcon Posted on: Jun. 09 2012,6:36 am Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE
Just a question...

Why is it that those who are elected by U.S. Citizen's to have power and control over ALL U.S. Citizen's money, never seem to have any form of worry about how they are going pay for anything
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PostIcon Posted on: Jun. 09 2012,2:27 pm Skip to the previous post in this topic. Skip to the next post in this topic. Ignore posts   QUOTE

(Grinning_Dragon @ Jun. 05 2012,9:09 pm)
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FDR was a P O S and should have been assassinated.

In all fairness, is there anyone you haven't advocated assassinating yet?   :p

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His policies prolonged the depression.


If we follow much of the conservative rhetoric that places nearly all blame on the President for the economy, you'll notice the blame often goes to those that supposedly "prolong" instead of "cause".  That's because modern U.S. history shows that the one who causes the bank, savings & loan, stock crisis is almost always a republican.  The one who prolongs fixes it all inevitably has a "D" next to his name.

Same thing happens today, we go from years of economic losses to years of economic gains.  Not good enough, better get those repubs back in there.  That's what spurred the economy, safety, freedom.  Oh well, just elect-um anyway!  Git-r-dun!!   :sarcasm:

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PostIcon Posted on: Jun. 10 2012,12:23 pm Skip to the previous post in this topic.  Ignore posts   QUOTE
^ :rofl:
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