Ron Paul Message on currency crisis

[LittleBoyBlue]

How can this be anything but political? The very name "Ron Paul" is political.

Then someone will talk about XYZ and how that is associated with whatever they believe. You see what I meant by quasi-political. The conspiracy nuts alone will be on a rampage over statements like that.

".... this is not the political thread you were looking for.... You can go about your business.... Move along.... Move along"

 

[BrAinPaiNt]

It's not as simple as avoid all political issues. If I see something political, I respond in kind and only I get wacked. The lessoned learned is think as the powers that be think or you will be silenced.

Then apparently you are not learning the lesson(s).

The lesson is to follow the rules.

Rules clearly state...

#7 - You will not post political discussions or comments.


And you are far from the only one to get benched for it....you are a minnow in benching compared to Burm's whale status with his benching due to political talk.

You can talk about the report and what was in it (if someone has seen it) as it relates to the economy without it turning into a right wing/left wing political thread or about so and so (enter politicians) name ruining the country. I gave the preemptive warning to try and keep people from turning it into a left/right wing political thread and save someone from getting benched.

Not so someone can complain about not understanding the rules and questioning publicly how the board is run which is also a rule you have ignored.

#1 - You will not publicly question the actions of the staff or how this site is managed.

 

[Eric_Boyer]

It's just a scare tactic to put money in his pocket. The US economy is growing albeit slowly but still the best an dost resilient economy in the world. All the doom and gloom predictions are from those with an agenda.

We have been caught engaging in financial fraud before.

When the global community called us out for our shady finances in the 70's and demanded gold for their paper holdings, and we had to admit we couldn't meet those obligations, was that just an agenda too?

in the late 2000's, when everyone said we were in the midst of a financial crisis, was that also an agenda?

maybe. or maybe you are waving pom pom's and don't actually know what the hell you are talking about

 

[Rockport]

We have been caught engaging in financial fraud before.

When the global community called us out for our shady finances in the 70's and demanded gold for their paper holdings, and we had to admit we couldn't meet those obligations, was that just an agenda too?

in the late 2000's, when everyone said we were in the midst of a financial crisis, was that also an agenda?

maybe. or maybe you are waving pom pom's and don't actually know what the hell you are talking about

I know exactly what I'm talking about. If those 2 incidents were so bad then how do you explain the growing economy now? The world didn't end after them now did they?

 

[65fastback2plus2]

It's just a scare tactic to put money in his pocket. The US economy is growing albeit slowly but still the best an dost resilient economy in the world. All the doom and gloom predictions are from those with an agenda.

This is false. 64% of Ron's personal portfolio is in gold and silver, 21% in real estate and 15% in cash.

Not only that, but he predicted the previous financial crisis accurately.

He walks what he talks.

 

[Rockport]

This is false. 64% of Ron's personal portfolio is in gold and silver, 21% in real estate and 15% in cash.

Not only that, but he predicted the previous financial crisis accurately.

He walks what he talks.

I stand by my statement. It's ALWAYS about the $$.

 

[Eric_Boyer]

I know exactly what I'm talking about. If those 2 incidents were so bad then how do you explain the growing economy now? The world didn't end after them now did they?

so the great depression was't so bad either. People need to knock off the gloom and doom nonsense. the world didn't end, which is your absurd criteria

great point!!!!

/sarcasm

ps the economy was growing in the 20's, right up to the point that it bottomed out. it's called a bubble.

 

[Rockport]

so the great depression was't so bad either. People need to knock off the gloom and doom nonsense. the world didn't end, which is your absurd criteria

great point!!!!

/sarcasm

ps the economy was growing in the 20's, right up to the point that it bottomed out. it's called a bubble.

There is still debate on what caused the Great Depression but checks in the stock market have since been put in place that prevents the same market dynamic from happening again. But still it wasn't the doom and gloom end of the world you are freaking out about.

 

[Eric_Boyer]

There is still debate on what caused the Great Depression but checks in the stock market have since been put in place that prevents the same market dynamic from happening again. But still it wasn't the doom and gloom end of the world you are freaking out about.

there is no debate that the economy was showing signs of growth right up until it crashed. so your claim that this is nonsense because the economy is growing shows you don't really know what you are talking about, either historically, or in the here and now.

and Ron Paul isn't claiming end of the world gloom and doom, he is talking about a financial crisis, which is going to be worse for some then others.

 

[Rockport]

there is no debate that the economy was showing signs of growth right up until it crashed. so your claim that this is nonsense because the economy is growing shows you don't really know what you are talking about, either historically, or in the here and now.

and Ron Paul isn't claiming end of the world gloom and doom, he is talking about a financial crisis, which is going to be worse for some then others.

There's financial crisis from time to time and the US economy always bounces back.

 

[65fastback2plus2]

and Ron Paul isn't claiming end of the world gloom and doom, he is talking about a financial crisis, which is going to be worse for some then others.

this. it'll all depend on if we see more issues like greece pop up and how china does.

 

[Eric_Boyer]

There's financial crisis from time to time and the US economy always bounces back.

I will accept your moving of the goal post as an admission of defeat.

and since that video wasn't intended as a message to the US economy, you didn't even offer anything pertinent anyway. people killed them selves and died of starvation because of the depression, but hey, the economy bounced back

 

[TheDude]

Do you realize how many predictions he and many others make that dont come true? Meredith Whitney made a

Look at Meredith Whitney - Hailed as a genius during the crisis, now she shut her fund. There are just way too many to name. Financiers are like gamblers or fishermen telling stories, the legend is only based on the one big hit. No mention of the tons of misses.


This whole fiat money crapping and lauding the gold standard is ridiculous. He watched a near 50% decline since he was on the trail since 2012.

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=edbdcd51-b197-4b9b-bace-e2c6ebc0ccec


FX currency risk is always real, but equilibrium is always found. The Euro is weak because of Greece - but that is because they have a unifed currency but not a unified political system. Most central banks are in easing mode and the US is expected to begin tightening. This makes the dollar the strongest it has been in years.

Sure you can take the view that the dollar is at its strongest point and is likely to go down, but when? It will take another country being more attractive (growth/safety) before demand for the dollar wanes. If the dollar remains too high too long, exports will suffer and you can slow the tightening.

Basically the dollar is the worlds currency and that has only increased since the crisis as Japan and Euro and China have weakened

I dont see a rebound in another country soon, and Ron Pauls portfolio is crying uncle

 

[TheDude]

there is no debate that the economy was showing signs of growth right up until it crashed. so your claim that this is nonsense because the economy is growing shows you don't really know what you are talking about, either historically, or in the here and now.

and Ron Paul isn't claiming end of the world gloom and doom, he is talking about a financial crisis, which is going to be worse for some then others.

There was no FDIC insurance prior to the Great Depression. The Banking Act of 1933 began providing insurance on deposit losses. No retail person lost a dollar in their bank account since. The great depression really couldnt happen again from a systemic stress.

 

[Eric_Boyer]

There was no FDIC insurance prior to the Great Depression. The Banking Act of 1933 began providing insurance on deposit losses. No retail person lost a dollar in their bank account since. The great depression really couldnt happen again from a systemic stress.

the only reason the "great depression" was great was the ineptitude of those controlling things. The best reason for it not happening is lessons were learned but I'm not so sure we can't make really bad mistakes again in the future.

 

[Rockport]

I will accept your moving of the goal post as an admission of defeat.

and since that video wasn't intended as a message to the US economy, you didn't even offer anything pertinent anyway. people killed them selves and died of starvation because of the depression, but hey, the economy bounced back

Weak people killed themselves.

 

[TheDude]

the only reason the "great depression" was great was the ineptitude of those controlling things. The best reason for it not happening is lessons were learned but I'm not so sure we can't make really bad mistakes again in the future.

True, but one of the best lessons learned from the Great Depression was to get off the gold standard.

Ron Paul wants to return to that

 

[DFWJC]

this. it'll all depend on if we see more issues like greece pop up and how china does.

Well, 100% for sure there'll more like Greece. Several have followed that same recipe,they were just a bit further along. Really, impossible for more not to get hit.

Eventually, even the US will too. But our being a sure thing, impossible debt semi-disaster situation eventually, does not mean it'll happen right away.

In fact, among the ugly duck pageants going, ours, as disastrous as it eventually be, is less ugly than many.

This may even help both our stock and the much larger bond market in the shorter term.
All smoke and mirrors though.

Pumping trillions of Monopoly money In to the market has done wonders for stocks...but even the worst economist knows it's not based on fundamentals.

Anyway, the US is resilient and will make it through this when it does finally hit.

 

[Dodger12]

I know exactly what I'm talking about. If those 2 incidents were so bad then how do you explain the growing economy now? The world didn't end after them now did they?

Weak people killed themselves.

I find your take in this thread interesting. It's almost like you're almost denying the Great Depression happened or minimizing the effects it had on people. If someone has never lived through an economic crisis, especially a personal one, then thank your lucky stars for your good fortune.

I've seen family close friends and members struggle when the real estate market crashed. While I keep hearing about the economic indicators that point to an improved or improving economy, I have yet to see it for those that I know that have been affected. Unfortunately, one of those folks I mentioned tried to commit suicide. I don't think this person was weak by any stretch and was a successful and hard working person their whole life; really one of the strongest people I knew. But I guess folks hit such a point of despair that they see no end in sight.

I respect and applaud if you're in a good financial situation. But these crisis are real and have an incredible impact on people.

 

[Rockport]

I find your take in this thread interesting. It's almost like you're almost denying the Great Depression happened or minimizing the effects it had on people. If someone has never lived through an economic crisis, especially a personal one, then thank your lucky stars for your good fortune.

I've seen family close friends and members struggle when the real estate market crashed. While I keep hearing about the economic indicators that point to an improved or improving economy, I have yet to see it for those that I know that have been affected. Unfortunately, one of those folks I mentioned tried to commit suicide. I don't think this person was weak by any stretch and was a successful and hard working person their whole life; really one of the strongest people I knew. But I guess folks hit such a point of despair that they see no end in sight.

I respect and applaud if you're in a good financial situation. But these crisis are real and have an incredible impact on people.

Im not denying they're real just not that they are the end of the world as some are saying. I admit the "Weak people" comment was insensitive and uncalled for.