*thick fog rolls in*
*ground begins to tremble*
*wind begins to howl*
*dishes fall from the shelf as the tremble becomes a quake*
*lightning flashes as the door is violently swung open*
*shadowy figure emerges from the cold dark night*
"Oh, hi guys. Long time no see, eh?"
- 5/27/2011 12:24:17 AM Posted in: Off-Topic
5/26/2011 4:03:34 PM
Posted in: Off-Topic
Ah that was it, I was struggling to remember the story. I knew it had to do with a bus and bodily fluids.
5/26/2011 3:21:19 PM
Here is a good aid for understanding the current economic decision we are faced with. Nixon once said in a press release that "We are all Keynesians now". the kaynes vs hayek issuePosted in: General Discussion
Corporatism is a disease that is evident in our government, and there is no way in hell they are just gonna hand it back to us. When we try to take it back they are gonna do everything in their power to hold on to it, they will threaten us with economic collapse and martial law. There is no reasoning with these corporate tyrants, they have a plan to enslave the world and kill billions of people through war, biological attacks, and soft kill tactics so that they and their progeny can inherit the fruits of the earth and live in a scientific paradise. What do you think they are developing in all those top secret military bases and why have we not seen a shred of it leak into the private sector? They are waiting till we are all dead.Quote from Don_guillotineIf the financial system died, that would make the Vandals' ransacking of Rome a nice walk in the park. It would be anarchy, not anything according to anyones terms. Our entire civilization would be at peril. More than likely, this scenario would result in a totalitarian nanny state, not the other way around.
The system works, but it is sometimes faced with a shock because of retarded politics. With this type of options (anarchy vs. slowly developing the current system) I'd personally choose the latter any day.
Fiat as it is today has not been tried at this scale before. The Chinese currency was handled horribly (and the 18th/19th century versions were small scale). It's totally plausible that it doesn't fail (the Bretton Woods on the other hand was doomed to fail) within the near future.
However, there aren't really any good alternatives. The problem with any metal currency is that there is too little of any given metal. The finite supply inevitably results in a situation where a metal coin is worth more as the metal than the coin itself. And on the other hand a system where the money is made out of silver, but the value of that silver bears little to no relationship to its face value has all the bad sides of a fiat currency but none of its good sides. Besides, silver and gold have real uses in electronics and whatnot these days.
I would advise anyone not to buy gold. Gold is currently facing a huge bubble. The people that made money with it have sold their gold already. Right now it's a bear market.
5/26/2011 2:38:07 PM
Posted in: General Discussion
Good, if the system doesn't work then it deserves to die, by continually printing more money we are only digging our grave deeper. Better to have the system die on our terms then theirs. The last act of any standing government is to rob it's treasury. When we lose our standing as the world reserve currency that is exactly what is gonna happen. So we need to preemptively cut their resources by closing down the fed and create a gold or silver backed currency. Fiat currency always fails, history has shown that time and time again. Troubled times are ahead, but I'd rather have to grow my own garden and hunt for food than be locked up in some futuristic nanny state prison city.That would've more than probably resulted in the death of the financial system, and alongside it, the entire global economy.
5/26/2011 1:57:56 PM
So awesome that I had to load it in 1080p. These runes are far more interesting than the runes in diablo 2, thats for sure.Posted in: News & Announcements
5/26/2011 1:57:56 PM
So awesome that I had to load it in 1080p. These runes are far more interesting than the runes in diablo 2, thats for sure.Posted in: General Discussion
5/26/2011 1:42:51 PM
Posted in: General Discussion
It'll be so wonderful not having to do anything but watch television all day eat GMO foods and drink the lithium and fluoride tap water. I don't even have to burden my family when I die because they have a nice plastic casket all lined up for me. I hope they have more mercury infused vaccines so I don't get sick. I'm sure the fluoride wont penetrate the blood-brain barrier of my baby and make him retarded.
5/26/2011 12:54:43 PM
Posted in: General Discussion
What I'm most concerned about is those god damn speculators raising the price of my fucking gas. At least limit speculation in terms of large commodities. The little guys get hurt when speculators drive up commodities, it increases the cost of living which is already much too high. Not just in America but everywhere else too.In the past 100 years, governments have ruined more currencies with their idiotic currency politics than hedge funds have. Devaluation was a common monetary policy tool.
The "problem" with currency trade is that it can not be controlled without strongly hindering people's freedom. Unlike stock trade, trading currency does not require a centralized market. If I had 10,000€ (or any arbitrary amount of euros) and someone else had the equivalent amount of dollars, we could just swap these with no middlemen. Electronic stock trade on the other hand always requires a middleman. Even back at the days of paper stocks, a central authority was required to monitor stock trading to keep it within the confines of law. Currency requires no such special monitoring as forged currency is monitored anyways.
Hedge funds are just risk players. Big ones can make big moves when the situation is right. They can't "ruin a currency" the economic situation favors. They're not that big players. Perhaps most famous example is George Soros' triumph over Bank of England.
I mean sure, today's world is not perfect. We've come a long way from the ultraliberalism of the 19th century. I'd personally prefer a laissez-faire world, but it is not politically feasible.
So you are saying that it is the American peoples responsibility to pay off bankers whose fraudulent policies bankrupted them? What happened to the free market? This business of too big to fail is dirty and should not be allowed to flourish. The bailout bill had over 1400 pages and was introduced into congress the day before they were to vote on it. They were told separately that if they didn't vote the bill through there would be martial law in America. What kind of bullshit is that? People need to get angry when this sort of shit happens. I mean we are supposed to have a "laissez-faire" market, that is one of the founding principles of this country. It just makes me sick every time I think about it.That's because the banking sector is global. The bailout saved some US banks by paying their debts. Some of those debts naturally were to foreign banks. Just as some foreign banks that received a bailout in Europe had debt to US banks.
Patriot is derived from patriota meaning countrymen. It means having loyalty to ones people. If you care about your people then it is your duty to make sure they are free of tyranny by doing research, making informed votes, and protesting what you see as a breach of the constitution. If people dont do this they are bound to be castrated, pushed around, and eventually herded into deat.. I mean FEMA camps .I don't feel even a semblance of patriotism on the 4th of July and I don't think I ever have. Sure, there is probably a diehard patriot out there who dons 18th century attire and sings the Star Spangled Banner every time a mortar goes off. He probably burnishes a bayonet too just for the hell of it.
5/26/2011 2:14:37 AM
Every country ever founded has had flaws, but none have our constitution. Egyptians enslaved the jews, are the Egyptians supposed to be ashamed of their heritage because of that? By your standard everyone should hate their heritage. Thats exactly what the new world order wants. They want everyone to give up their sovereignty in the name of coming together under one corrupt government without any elected officials. They hate America, England, France, Spain, Germany, and any other country that gives their people any sort of political power. In effect they love China. So be proud of your country or lose it. If you think you can escape by moving to another country, think again. Cause the ones they don't control are always the first on the chopping block.Posted in: General Discussion
5/26/2011 1:52:33 AM
I sense Jetrall is a has a fear of buses and a love of theatrics.Posted in: Off-Topic
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