Blog Comments

  1. Goldenboko's Avatar
    PG, do you ever have anything else to do? I don't care that the government took every loophole to keep Sallie Mae alive, because Sallie Mae is how I am going to college currently. If they went under during the time of the bailout I would've had to drop out of school. So of course the Government did not want to just assume the debt of Sallie Mae, it would've been filling a sinking ship with more water. But they didn't want to send a bunch of kids packing home either.

    Maybe for once in your god damn life, you should realize life isn't fair, people get smurfed, but sometimes there are two sides to a god damned story.
    Updated 11-17-2012 at 02:09 PM by Goldenboko
  2. krissy's Avatar
    good vid
  3. Shorty's Avatar
    Sometimes I want to punch you in the face when I read "Ron Paul Ron Paul Ron Paul" over and over. YOU ARE MAKING ME HATE HIM, DID YOU KNOW THAT?
  4. Peegee's Avatar
    :D
    i decided to take the crap-posting route. in facebook.
  5. Jiro's Avatar
    This is why I decided to take the politics route rather than the economics route.

    "all interlocked" you say. yeah. I know
  6. Peegee's Avatar
    :D
    bah I can only find philosoraptor

    [img]http://cdn.memegenerator.net/instances/400x/11115755.jpg[/img]
  7. Peegee's Avatar
    :D
    There is a protestor image that says 'if everybody owes everybody where did the debt come from?' or something to that effect.

    The actual truth is that a percentage of debt is owed to itself. As I indicated above, what the Federal Government is doing is buying its own treasuries with treasuries. It's all a complicated way of saying the government prints money through the federal reserve.
  8. Jiro's Avatar
    I never understood why we didn't square some of the debts. If I owe you $20 and you owe me $15 then let's call it I owe you $5
  9. Peegee's Avatar
    :D
    um...
  10. Jiro's Avatar
    If I give away all my money then I will be the bum. Will someone then give me all their money? How will that stop the cycle?
  11. Peegee's Avatar
    :D
    Good point dak. You have more money than the bum. Give him your money. Or a woman who isn't that grossed out should have sex with a desperate bum. Utilitarianism based on relative "good" is faulty.

    [url=http://www.youtube.com/watch?v=Xn6TXqgyj_M]Austrian Economics and Libertarianism | Walter Block - YouTube[/url]
  12. Tigmafuzz's Avatar
    Everything is immoral.
  13. Jiro's Avatar
    So democracy is inherently flawed, then? What then, if you were to vote for the already incumbent government? You're not voting for change and their actions are already pre-established norms.

    You mention the "poor fool" but what if he wasn't poor? If he was a rich fool, is there something more abstract saying that's okay? I mean he has enough money. Surely we should all be given a level playing field?

    Bequeathing the ability to assault someone is the best idea ever.
  14. Peegee's Avatar
    :D
    i still like my definition 'great firewall of china' better.

    some people say 'huk credit ratings don't mean anything to a country' - but basically the federal reserve is promising to continuously (as in with no end) buy up distressed properties until the economic recovery ends. They are propping up stock market prices by devaluing your currency - basically a subsidy to stock market traders. The 'unseen' consequences is pretty obvious - the price of gas is going up and eventually we might see commodity prices go up.

    oh wait...sec

    [url=http://www.zerohedge.com/news/september-11-%E2%80%93-eleven-years-later-selected-statistics]September 11 11 years later desu[/url]

    the cost of things IS going up.
  15. Jiro's Avatar
    No the credit rating thing. I briefly saw some news, mostly saying that something did something and the stock market went up but it sounded like the trout that put us in the Global Financial Crisis.
  16. Peegee's Avatar
    :D
    the great firewall of china?? what
  17. Jiro's Avatar
    Isn't this the kind of thing that brought on the GFC?
  18. Peegee's Avatar
    :D
    I can't believe you liked this post shorty. <3
  19. Shorty's Avatar
    I love you for this.

    also ahaha the maple leaves, nice and manly for a sport like hockey.
  20. Jiro's Avatar
    smurf the toronto maple leafs vote ron paul

    right?
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