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Yay, posting pictures is fun, who needs writing.
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I have had that same conversation with Coup before and honestly if you ask me, Coup is completely full of shit. Noam Chomsky is cool. There is no way in hell Coup is a Chomsky supporter. I aint buying it. He just has that avatar for show, he probably just put it up there to make people think he is cool. Kind of like kids wearing Che Guevara t-shits but have no clue of what he stood for. Same deal.
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betcha a hundred bucks it won't happen. |
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If that's really true, and assuming all that time was not wasted and you had the slightest clue about economics you would know that if Paul does not win the US will completely tank into a massive depression and all that other b.s. you posted wont mean a thing. Just sayin-
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Ron Paul on the Housing Bubble ? July 2002
?Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the National Home Loan Bank Board (HLBB). According to the Congressional Budget Office, the housing-related GSEs received $13.6 billion worth of indirect federal subsidies in fiscal year 2000 alone. One of the major government privileges granted these GSEs is a line of credit to the United States Treasury. According to some estimates, the line of credit may be worth over $2 billion. This explicit promise by the Treasury to bail out these GSEs in times of economic difficulty helps them attract investors who are willing to settle for lower yields than they would demand in the absence of the subsidy. Thus, the line of credit distorts the allocation of capital. More importantly, the line of credit is a promise on behalf of the government to engage in a massive unconstitutional and immoral income transfer from working Americans to holders of GSE debt. The Free Housing Market Enhancement Act also repeals the explicit grant of legal authority given to the Federal Reserve to purchase the debt of housing-related GSEs. GSEs are the only institutions besides the United States Treasury granted explicit statutory authority to monetize their debt through the Federal Reserve. This provision gives the GSEs a source of liquidity unavailable to their competitors. Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges of Fannie, Freddie, and HLBB have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans. However, despite the long-term damage to the economy inflicted by the government?s interference in the housing market, the government?s policies of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing. Perhaps the Federal Reserve can stave off the day of reckoning by purchasing GSE debt and pumping liquidity into the housing market, but this cannot hold off the inevitable drop in the housing market forever. In fact, postponing the necessary but painful market corrections will only deepen the inevitable fall. The more people invested in the market, the greater the effects across the economy when the bubble bursts. No less an authority than Federal Reserve Chairman Alan Greenspan has expressed concern that government subsidies provided to the GSEs make investors underestimate the risk of investing in Fannie Mae and Freddie Mac. Mr. Speaker, it is time for Congress to act to remove taxpayer support from the housing GSEs before the bubble bursts and taxpayers are once again forced to bail out investors misled by foolish government interference in the market. I therefore hope my colleagues will stand up for American taxpayers and investors by cosponsoring the Free Housing Market Enhancement Act.? http://www.ronpaul.com/2008-09-26/ro...ble-july-2002/ |
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what does posting psycho-babble have to do with Ron Pauls positions or the issue at hand? Talk about irrelevant information... LOL
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now the truth comes out.
ONLY RON PAUL CAN SAVE FROM THE JEWS! |
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yes and yes...
or are you a communist and I did not realize it? You are a conservative no?? Or maybe i am wrong about you. It seems by your posts you are but maybe you are a socialist/marxist type. Cause you do realize the government borrows 40 cents of every dollar they spend right? you do understand that we borrow money from china to fund the troops in korea, and japan, and germany etc right? And therefore you personally... yes you... are subsidizing those countries since they dont need to spend so much for defense, allowing them to focus that money on their industries. You do get that right? or no, probably not. So that would be a socialist/communist/marxist type of stance. Wealth redistribution. I thought you were against the occupy wall street crowd and wealth redistribution? Or is it that you are for wealth redistribution as long as it's not for americans? if the money is sent to germany instead you are cool with that? Ok i see. NP. Gotcha- Quote:
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Zionists are the problem. Do you know what Zionism is? http://artintifada.files.wordpress.c...odox_jews1.jpg http://spiritualchange.blogsome.com/...ages/demo7.jpg http://firstlightforum.files.wordpre...stzionism1.jpg http://covers.openlibrary.org/b/id/806295-L.jpg |
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Is that like an Obamanoid??? :winkwink:
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Yeah, last man standing wins... so?
First they ignore you, then they laugh at you, then they fight you, then you win. Quote:
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you can support whoever you want, but i think you are a little mixed up to say the least, just sayin-
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assuming that was your true goal, why would you not support the one person who would curtail the federal government? and even if you did not want to support the "system", why fight so hard to work against the one person who would undeniably curtail the feds the most? sorry but i aint buying it, sounds fishy to me... plant- LOL
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how exactly would ron paul assert authority over you?
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porn idiots are not idiots, they are actually more real, because they have nothing to hide
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http://www.ritholtz.com/blog/wp-cont...ibertarian.png
http://images.cheezburger.com/comple...2026286749.jpg http://images.cheezburger.com/comple...8410990901.jpg Libertarians believe so much in their own party, philosophy and values, that they run as Republicans... :upsidedow ADG |
This thread is chock full of retarded motherfuckers that can't comprehend simple statements.
And to IllTestYourGirls or whoever, several states would ban abortion almost instantly if given the ability to do so. You are naive, trolling or downright stupid to think otherwise. Many other issues just like that one. |
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NOW you got it. FINALLY!!!!!!!!! :thumbsup
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