Posted on 01/14/2016 2:42:32 PM PST by Jim Robinson
Another round of eagerly awaited GOP debates will take place live January 14 at the North Charleston Coliseum and Performing Arts Center in North Charleston, South Carolina, airing on the FOX Business Network and streaming live on FOXBusiness.com.
The first debate, scheduled for a 6 p.m. ET start will be moderated by anchors Trish Regan and Sandra Smith. Four GOP candidates will be featured, including former HP (HPQ) CEO Carly Fiorina, former Arkansas Governor Mike Huckabee, Kentucky Senator Rand Paul and former Pennsylvania Senator Rick Santorum.
The second debate, which is slated for a 9 p.m. ET start, will be moderated by Anchor/Managing Editor of Business News, Neil Cavuto and Anchor/Global Markets Editor Maria Bartiromo. Candidates at the podium for the later debate will be: real estate mogul Donald Trump, Texas Senator Ted Cruz, Florida Senator Marco Rubio, retired neurosurgeon Ben Carson, former Florida Governor Jeb Bush, Ohio Governor John Kasich and New Jersey Governor Chris Christie.
(Excerpt) Read more at foxbusiness.com ...
I had a thought on this this morning. If that rule applied literally, if joining a foreign army strips citizenship automatically, then joining a foreign army cannot be treason. The notion of prosecuting an invading army for treason is nonsense, they are enemies, yes, but none of the non-citizens (owing no allegiance to the US) among them is committing treason against the US.
Try them for treason first.
By your rule, they aren't citizens, they are enemies. If you try him for treason first, then you keep him a citizen in order to prosecute the charge.
My “theory” is basic Economics 101 which laws of supply and demand do not change with the ever-changing tides and winds of market conditions.
Socialist, anti-freedom thinking assumes the government is a stabilizing factor in the economy. Nothing could be further from the truth. Government interference has always shown itself to be the most disrupting factor of all in the economy. Normal disruption in the free market that comes from things like innovation and development breakthroughs lead to economic and market expansion and wealth creation. But government’s artificial disruption has no redeeming value but only leads to shrinking economy, scarcity, and poverty.
Contrary to the anti-free-trade mantra often mindlessly repeated, there is no such thing as “dumping cheap goods” with the implication that somehow these things are forced upon us. It shows a basic ignorance of the VOLUNTARY aspect of the free market economy. NOBODY is forced to buy or sell in the free market. It is VOLUNTARY. What you people all “dumping” is really consumer demand for the level of quality goods at the best price available. The CONSUMER, not government, is the king in a free market.
So your tariffs, which solve nothing and fail to address the core issues you are concerned about actually makes matters worse by artificially forcing higher costs to the American cosumer. This not only which hurts the individual consumer but also the overall economy because now there is less money flowing through our domestic channels.
I guess you got upset I replied to the last post I saw and didn't take your name off of it (pinged you). I usually try not to ping the wrong person when I remember, and usually I put in the name "anyone" or "anybody" when my reply is not directed specifically to the person. The mistake happens on fast paced threads anyway.
I also doubt I am a Mensa "CADIDATE" (candidate), but I understand I stand in good company.
I turned them down. Bunch of idiots IMHO. IQ is just one measure... 90% of them are incapable of dealing with the real world. The other 10% are so enamoured with being in an “exclusive” club, they are insufferable. That pretty much sums up MESA members in my experience. As I said, thanks, but no thanks. As to my spelling error... You try and post from an iOS device. Lol. It sucks.
Solution to our “ailing” economy? Oh, but things are far far worse ...
Well, truth be told - It is mathematically impossible to pay off a 21+ TRILLION DOLLAR debt. No matter what mechanism is put in place. It cannot be done ... And that number does not even consider $225 TRILLION in unfunded liabilities (75 yr horizon) and derivatives exposure. Let me put it into more concrete terms ... WE ARE SCREWED.
Money is a fungible proxy for mans’ ability to reason, labor, create and produce; it is your humanity - your “ability to work!” Time is money, literally, because money is a proxy for human capacity and productivity ...
U.S. GDP is approx. $15.5 TRILLION
Average U.S. wage is $20 / Hr.
Average work year is 2000 Hrs.
Now, think about our economy, not in dollars but in man hours of labor ...
15.5 TRILLION DOLLARS divided by $20/HR = 775 BILLION man-hours per year ...
775 BILLION man-hours dived by 200 man-hours per work year = a U.S. GDP of 387.5 MILLION man years ...
Since Money is a proxy, the true underlying unit of GDP is Man Hours or Man Years ...
NOW, THINK ABOUT THE LEVELS OF DEBT IN TERMS OF MAN HOURS!
Because THAT is how the debt will be paid! The U.S. national debt will be paid either in man hours, land acquisition, or blood ...
WE are the GOLD! WE are the MONEY! WE are the ECONOMY!
Now, think about that fact in context of what our society and culture has rotted into ...
Interest on money is therefore essential from both a moral and economic perspective. ZERO percent interest says that a man’s capacity to reason, labor, create and produce has no time value! (Sort of changes your perception about “usury,” eh?) ...
Now, the two political systems that are based on the worthlessness and hatred of the individual man are Marxism and Islam ... The two political systems that forbid interest are Marxism and Islam ...
Now, read Matthew 25 - The Parable of the Talents. When reading this passage. Yes that parable speaks of spiritual gifts; however, keep in mind that God CANNOT use an evil activity to illustrate a virtue. Therefore “usury” (interest) IS NOT EVIL! Now think about THAT in context of Banks that are charging NEGATIVE interest rates on treasury paper (Bonds): Switzerland, Denmark, Germany, The Netherlands, Finland, Austria - and soon the United States!
The problem is NOT Fractional Reserve banking - provided the reserve is non-zero and enforced - the problem is unbacked unsecured lending
Now take that $21 Trillion debt we owe, and convert it to man hours, and then into man years ... GOT THE PICTURE?
Here is the presentation of all the above - AND then some (It is 2hrs 30 min long - but well worth your time to watch):
https://www.youtube.com/watch?v=7bA_NbYSaGM
Then think about the conclusion (Goldman Sachs and the U.S. Government) as it relates to Speaker Paul Ryan and Senator Ted Cruz.
Exponential functions are parabolic. Two exponential functions will always diverge, and the larger will always consume the smaller. If debt increases 7% per year, and GDP increases 5% per year, the debt will, as a metaphysical certitude, utterly consume the whole as the steeper parabola zooms away from the shallower parabola.
https://market-ticker.org/akcs-www?singlepost=3382021
“There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved.” - Ludwig von Mises
Fact is NOBODY can save us from our collapse - Not Cruz, not Trump, no human being on this Earth. That is the hard God awful truth.
Cutting the $4 trillion federal government to its constitutional size which would mean about an 80% cut and lying off hundreds of thousands of government officials, bureaucratic heads, and workers is what it will take. CUT GOVERNMENT, and your deficit problem will basically not be a problem, but more importantly, our economy and our lives would thrive.
You touched on the core issue in all of this - turning to trusting the Lord and away from confidence in man and his government. This is NOT impossible and I have great hope that it will happen - a Spiritual Awakening.
I think you may have replied to the wrong person. I have no friend in trouble.
Did you watch the video link I included? The problem is systemic on a global scale ... No matter what the U.S. may do, it will still get dragged down the drain with all the other countries when this thing finally implodes. Seriously, watch the presentation - it is very sobering.
No, but I would read a boiled-down argument down in your own words, which you need to do anyway. My argument is an independent, sovereign country can basically determine its own economic future.
By far the greatest threat to our economy, freedom, and future is the mostly unconstitutional $4 trillion out-of-control federal government. We need, once again, to be an INDEPENDENT nation, not dependent on the tyranny of the unconstitutional feds. Freedom brings prosperity as it did for the first 150 to 200 years of our country.
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