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Well, lizard man looks friendly, its the broad that looks ominous.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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#3
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![]() OK, I just found out the babe is Teela.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. Last edited by randolph; 11-07-2009 at 07:00 PM. |
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Yes the babe is Teela and the man in green is Man at Arms ![]() |
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The smile the result of her skin being pulled far too tight in her last face lift! ![]() |
#6
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House democrats have voted to screw our country over. Listen up you fucks. AMERICANS AREN'T SCREAMING FOR HEALTH CARE REFORM. THEY WANT JOBS!!!
How are they going to pay for it? Does that simple question that any responsible person would think ever enter their pea-brained minds? Yeah, I know. Stupid question. They've already put us $2.5 trillion further into the hole. What's another $1.2 trillion? They say they will pay for it by making cost cuts. Bull shit. If they were serious about that then the health care bill would include tort reform. This is what the first $trillion did to our money supply. http://brokersfirstrealty.com/wp-con...ney-supply.gif Then there was another $trillion for the stimulus package, and now a $1.2 trillion health care package. They are totally numbed to the concept of a trillion dollars. Back in the 70s Carter raised the money supply 13%. This can only be temporary, so then fed must then raise interest rates to get people paying money back to them so they can destroy it and get the money supply back to where it should be. With a 13% increase in money supply the feds had to raise interest rates to 20% within about 2 years. Now... health care bill not withstanding, the democrats have raised the money supply 130%. Experts either don't know yet or are afraid to say what that will do to our interest rates. If the interest rates get too high, people will not be able to afford loans. Then we're right back to what we were trying to prevent a year ago with the Wall Street bailout. You can't escape it with something artificial like a bailout. Jen, before you reply, listen to the guy you voted for, Ron Paul. He'll tell you all this. If people can't afford loans, and the fed can't get all that extra money back to destroy then there is no cure for it. We will be in hyperinflation. Your dumbass representatives in congress should know this. That's what we expect of them. But they couldn't give a shit. Their boss is Nancy Pelosi and Obama. We no longer control them, because their constituents have been telling them to stop and they won't. Hopefully the senate will put a stop to this. But does anyone seriously believe they will? If there's one thing we can count on it's for the democrats in congress to do the wrong thing. 2010 will be so sweet watching them drop like flies. But only bitter sweet since the damage will have been done.
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A lesbian trapped in a man's body |
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Oh boy,
I thought the cold war was bad. I thought Vietnam was bad. I thought Watergate, Reagan, Bush and Bush were bad. I know Greenspan was stupid. I believe the investment bank leaders are criminals. I believe the Republicans are nuts. I am worried the Obama administration is now leading us to ruin. Whats going to happen to this country? Damned if I know. ![]() ![]() I need a tranny real bad, are you bad? ![]()
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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By MARK SPITZNAGEL
Ludwig von Mises was snubbed by economists world-wide as he warned of a credit crisis in the 1920s. We ignore the great Austrian at our peril today. Mises's ideas on business cycles were spelled out in his 1912 tome "Theorie des Geldes und der Umlaufsmittel" ("The Theory of Money and Credit"). Not surprisingly few people noticed, as it was published only in German and wasn't exactly a beach read at that. Taking his cue from David Hume and David Ricardo, Mises explained how the banking system was endowed with the singular ability to expand credit and with it the money supply, and how this was magnified by government intervention. Left alone, interest rates would adjust such that only the amount of credit would be used as is voluntarily supplied and demanded. But when credit is force-fed beyond that (call it a credit gavage), grotesque things start to happen. Government-imposed expansion of bank credit distorts our "time preferences," or our desire for saving versus consumption. Government-imposed interest rates artificially below rates demanded by savers leads to increased borrowing and capital investment beyond what savers will provide. This causes temporarily higher employment, wages and consumption. Ordinarily, any random spikes in credit would be quickly absorbed by the system-the pricing errors corrected, the half-baked investments liquidated, like a supple tree yielding to the wind and then returning. But when the government holds rates artificially low in order to feed ever higher capital investment in otherwise unsound, unsustainable businesses, it creates the conditions for a crash. Everyone looks smart for a while, but eventually the whole monstrosity collapses under its own weight through a credit contraction or, worse, a banking collapse. The system is dramatically susceptible to errors, both on the policy side and on the entrepreneurial side. Government expansion of credit takes a system otherwise capable of adjustment and resilience and transforms it into one with tremendous cyclical volatility. "Theorie des Geldes" did not become the playbook for policy makers. The 1920s were marked by the brave new era of the Federal Reserve system promoting inflationary credit expansion and with it permanent prosperity. The nerve of this Doubting-Thomas, perma-bear, crazy Kraut! Sadly, poor Ludwig was very nearly alone in warning of the collapse to come from this credit expansion. In mid-1929, he stubbornly turned down a lucrative job offer from the Viennese bank Kreditanstalt, much to the annoyance of his fiancée, proclaiming "A great crash is coming, and I don't want my name in any way connected with it." We all know what happened next. Pretty much right out of Mises's script, overleveraged banks (including Kreditanstalt) collapsed, businesses collapsed, employment collapsed. The brittle tree snapped. Following Mises's logic, was this a failure of capitalism, or a failure of hubris? Mises's solution follows logically from his warnings. You can't fix what's broken by breaking it yet again. Stop the credit gavage. Stop inflating. Don't encourage consumption, but rather encourage saving and the repayment of debt. Let all the lame businesses fail-no bailouts. (You see where I'm going with this.) The distortions must be removed or else the precipice from which the system will inevitably fall will simply grow higher and higher. Mises started getting some much-deserved respect once "Theorie des Geldes" was finally published in English in 1934. It is unfortunate that it required such a disaster for people to take heed of what was the one predictive, scholarly explanation of what was happening. But then, just Mises's bad luck, along came John Maynard Keynes's tome "The General Theory of Employment, Interest and Money" in 1936. Keynes was dapper, fresh and sophisticated. He even wrote in English! And the guy had chutzpah, fearlessly fighting the battle against unemployment by running the currency printing press and draining the government's coffers. He was the anti-Mises. So what if Keynes had lost his shirt in the stock-market crash. His book was peppered with fancy math (even Greek letters) and that meant rigor, modernity. To add insult to injury, Mises wasn't even refuted by Keynes and his ilk. He was ignored. Fast forward 70-some years, during which we saw Keynesianism's repeated disappointments, the end of the gold standard, persistent inflation with intermittent inflationary recessions and banking crises, culminating in Alan Greenspan's "Great Moderation" and a subsequent catastrophic collapse in housing and banking. Where do we find ourselves? At a point of profound insight gained through economic logic, trial and error, and objective empiricism? Or right back where we started? With interest rates at zero, monetary engines humming as never before, and a self-proclaimed Keynesian government, we are back again embracing the brave new era of government-sponsored prosperity and debt. And, more than ever, the system is piling uncertainties on top of uncertainties, turning an otherwise resilient economy into a brittle one. How curious it is that the guy who wrote the script depicting our never ending story of government-induced credit expansion, inflation and collapse has remained so persistently forgotten. Must we sit through yet another performance of this tragic tale? Mr. Spitznagel is the founder and chief investment officer of the hedge fund Universa Investments LP, based in Santa Monica, Calif.
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
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On the left or liberal side I only have one need SEX. On the right or conservative side I have the rest of my life, dollars and the idea that I earned it so it's mine--keep your damn hands off it. I don't want to share-equalize with any lazy S.O.B. If it wasn't for TS Ladies--I would be the biggest tight as conservative going.
Love this: (These are the only American businesses still operating in the US .) It would be best if you went to a ball game with a tattooed prostitute (TS Lady Preferred) that you met at a yard sale and drink American beer with all day. Want me to stop talking ????? Feed me a nice TS cock ![]() ![]() ![]() ![]() |
#10
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__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
#11
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Ammunition will be the new currency...
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*More posts than Bionca* [QUOTE=God(from Futurama)]Right and wrong are just words; what matters is what you do... If you do too much, people get dependent on you. And if you do nothing, they lose hope... When you do things right, people won't be sure you've done anything at all. |
#12
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Lack of Health Care Killed 2,266 US Veterans Last Year: Study
WASHINGTON - The number of US veterans who died in 2008 because they lacked health insurance was 14 times higher than the US military death toll in Afghanistan that year, according to a new study. [US soldiers attend a "Veterans Day" ceremony at Camp Eggers in Kabul. The number of US veterans who died in 2008 because they lacked health insurance was 14 times higher than the US military death toll in Afghanistan that year, according to a new study. (AFP/Massoud Hossaini)]US soldiers attend a "Veterans Day" ceremony at Camp Eggers in Kabul. The number of US veterans who died in 2008 because they lacked health insurance was 14 times higher than the US military death toll in Afghanistan that year, according to a new study. (AFP/Massoud Hossaini) The analysis produced by two Harvard medical researchers estimates that 2,266 US military veterans under the age of 65 died in 2008 because they lacked health coverage and had reduced access to medical care. That figure is more than 14 times higher than the 155 US troop deaths in Afghanistan in 2008, the study says. Released as the United States commemorates fallen soldiers on Veterans Day, the study warns that even health care provided by the Veterans Health Administration (VA) leaves many veterans without coverage. The analysis uses census data to isolate the number of US veterans who lack both private health coverage and care offered by the VA. "That's a group that's about 1.5 million people," said David Himmelstein, an associate professor of medicine at Harvard Medical School and co-founder of Physicians for a National Health Program who co-authored the study. Himmelstein and co-author Stephanie Woolhandler, also a Harvard medical professor, overlaid that figure with another study examining the mortality rate associated with lack of health insurance. "The uninsured have about a 40 percent higher risk of dying each year than otherwise comparable insured individuals," Himmelstein told AFP. "Putting that all together you get an estimate of almost 2,300 -- 2,266 veterans who die each year from lack of health insurance." Only some US veterans have access to medical care through the VA and coverage is apportioned on the basis of eight "priority groups." "They range from things like people who were prisoners of war, who have coverage for life, or who have battle injuries and therefore have coverage for their injuries for life," said Himmelstein. Veterans who fall below an income threshold that is determined on a county-by-county basis can qualify for care, but many veterans are "working poor" and fall just above the bracket. "The priority eight group, the lowest priority, are veterans above the very poor group who have no other reason to be eligible and that group is essentially shut out of the VA," according to Himmelstein. The study comes as the US Senate weighs health care reform legislation and whether to offer government health insurance. Himmelstein warns that congressional proposals could still leave veterans uncovered and favors a national health care program similar to those in Britain and Canada. ![]()
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"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
#13
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Last time I checked, people die because they are sick.
Not because they are too poor to pay the bill. |
#14
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Makes sense to me. ![]()
__________________
"Man's capacity for justice makes democracy possible; but man's inclination to injustice makes democracy necessary." R.N. |
#15
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Veterans who don't get healthcare through the VA; if the Gov. is so unwilling to give them healthcare after they bravely serve their country, what makes you think that the same Gov. will give it to them through another Gov. instituted program?
Miss Fran is right about what she said.
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*More posts than Bionca* [QUOTE=God(from Futurama)]Right and wrong are just words; what matters is what you do... If you do too much, people get dependent on you. And if you do nothing, they lose hope... When you do things right, people won't be sure you've done anything at all. |
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