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mises
Joined: 05 Nov 2007
Location: retired
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 Posted: Fri Oct 17, 2008 9:12 am Post subject: Re: ... |
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| Nowhere Man wrote: |
We haven't had an update on the Islamic siege of Europe for awhile.
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You don't know? France is in the midst of a small civil war, Spain is paying muslims to leave and the UK is cutting migration to 20,000 a year. Europe is waking up. |
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The Bobster
Joined: 15 Jan 2003
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| Posted: Fri Oct 17, 2008 9:13 am Post subject: |
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Word in your ear to Ya Ta. I googled these terms:
Keith Olbermann Obama Dan Gottwald and Josh Tamblyn
... and this is all that came up:
2 Obama Supporters Beaten at a Rally |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 9:14 am Post subject: |
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Ah. So Ya-ta Boy is playing his own baiting games, then. Life must be pretty boring over there for you, Ya-ta Boy.
Hysterical, in fact. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Fri Oct 17, 2008 9:18 am Post subject: ... |
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| You don't know? France is in the midst of a small civil war, Spain is paying muslims to leave and the UK is cutting migration to 20,000 a year. Europe is waking up. |
So, it would be fair to say that your Islamic scholarship is holding up better than your economic scholarship?
| Quote: |
| Ah. So Ya-ta Boy is playing his own baiting games, then. |
Dude, have you checked your own avatar lately? |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 9:21 am Post subject: |
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Baiting? I got it from B. Obama's webpage.
Obamaman |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Fri Oct 17, 2008 9:22 am Post subject: Re: ... |
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| Nowhere Man wrote: |
| Quote: |
| You don't know? France is in the midst of a small civil war, Spain is paying muslims to leave and the UK is cutting migration to 20,000 a year. Europe is waking up. |
So, it would be fair to say that your Islamic scholarship is holding up better than your economic scholarship?
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Actually, no. I've been pretty darn accurate with both. |
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On the other hand
Joined: 19 Apr 2003
Location: I walk along the avenue
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| Posted: Fri Oct 17, 2008 9:23 am Post subject: |
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| Gopher wrote: |
| Ah. So Ya-ta Boy is playing his own baiting games, then. |
Well, his original post wasn't in some sort of "hey look at these evil Republicans" tone. He was writing as if this were just something he had heard about and was interested in what people thought about it.
My google, which omitted the names of the guys but included the words "Olberman Obama beating rally" all led to what seemed like the same video on YouTube, which from the description was the same one YTB was talking about. But YouTube does not appear to be functioning right now, at least not on my computer. |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 9:24 am Post subject: |
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He was playing baiting games.
Where is the link? Any link. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Fri Oct 17, 2008 9:28 am Post subject: ... |
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| Actually, no. I've been pretty darn accurate with both. |
Was it the Peel or BJWD who told us that there wasn't going to be an economic crisis? |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 9:28 am Post subject: |
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Milwaukiedave: this was the highest-profile disruption that any B. Obama rally has had to deal with, to my knowledge. And I do not believe that these people represented Republicans or the McCain campaign, just a collection of confused individuals.
NPR Reports
You cited "numerous instances." I will wait. |
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On the other hand
Joined: 19 Apr 2003
Location: I walk along the avenue
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| Posted: Fri Oct 17, 2008 9:30 am Post subject: |
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| Gopher wrote: |
He was playing baiting games.
Where is the link? Any link. |
Gopher, he even expressed some skepticism about the story. Anyway, here's a link to Democratic Underground. Not always the most even-handed source, but they apparently link to the Olbermann video on YouTube. But the latter website still seems to be down for a bit.
http://tinyurl.com/65b6yo
If you're interested in this, maybe try logging onto YouTube later. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Fri Oct 17, 2008 9:31 am Post subject: ... |
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| Quote: |
| Milwaukiedave: this was the highest-profile disruption that any B. Obama rally has had to deal with, to my knowledge. And I do not believe that these people represented Republicans or the McCain campaign, just a collection of confused individuals. |
So, they weren't attacked, but the guys at the McCain rally were?
Who is winning/losing graciously? |
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mises
Joined: 05 Nov 2007
Location: retired
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| Posted: Fri Oct 17, 2008 9:31 am Post subject: Re: ... |
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| Nowhere Man wrote: |
| Quote: |
| Actually, no. I've been pretty darn accurate with both. |
Was it the Peel or BJWD who told us that there wasn't going to be an economic crisis? |
It was neither.
PostPosted: Sun Aug 05, 2007 9:39 pm Post subject:
thepeel wrote:
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There is no conspiracy.
After 9/11 the Fed printed lots of cash to stimulate aggregate demand. This worked, but classical monetary theory suggests that we should have an a period of inflation as prices catch up to the available amount of credit.
This didn't happen as the Chinese have been hiding the money under their mattress. The Chinese, Koreans, Japanese and others use the USD as a pseudo-greenback-standard. They use their forgiven reserves as a way to manipulate and keep stable their currencies.
Because much the extra cash is under the mattress and not in circulation, the inflation doesn't happen to the extent that it ought. Remember, "inflation is everywhere and always a monetary phenomenon" (Milton Friedman).
But as differing nations release portions of the US$ held assets, the value of the dollar will decline. As the value of the dollar starts to decline, speculators and the "herd mentality" start to kick in.
The commodity bubble will burst, as will the various housing/fixed asset bubbles. Expect higher interest rates and for large amounts of currently out-sourced manufacturing to return to the USA.
But the $ will not decline a huge amount, and for too much of the assets to be released would also decrease the value of the assets currently held. It is in China's best interests for the $ to be relatively stable.
The inflation is coming, I reckon. We can see from the private equity and hedge funds boom, and the amazing power of the American consumer, that there was a huge liquidity glut. But Bear Sterns and others are also seeing that this bubble done popped. Now we will have the tightening and inflation. Interest rates will rise as money needs to become more scarce.
There is no conspiracy. The Fed is a bad institution, in my opinion, but not a member of some grade plot to steal our liberty.
Greenspan simply printed too much money. And the global economic/financial system adjusted to that. Now, we will all have to tighten out belts and this liquidity glut is reconciled and bad investments fail (high and low levels of liquidity affect the type of investments made, al la housing prices).
This is the fiat-caused classic business cycle described by Von Mises et al being taken to the global level. It is not an ideal system, but ultimately a stable one. IMO. |
Seems pretty accurate to me. But, I'm not you. And it will seem even more accurate in another year. |
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Gopher
Joined: 04 Jun 2005
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| Posted: Fri Oct 17, 2008 9:36 am Post subject: |
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On the Other Hand: I see two arrogant guys, one of them carrying an anti-Palin sign that I cannot see completely, claiming to have suffered abuse well after the fact. I do not see any evidence that what they say happened in fact happened. You are going to need some kind of evidence and not merely these tough guys' allegations that a grandmother attacked them just because they wanted to exercise free-speech at a S. Palin rally in New Hampshire.
Local news reporting? Witnesses? Police reports?
What have you got? Keith Olbermann? Not good enough.
People are playing games here. Congratulations. |
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Nowhere Man
Joined: 08 Feb 2004
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| Posted: Fri Oct 17, 2008 9:48 am Post subject: ... |
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| Quote: |
| Seems pretty accurate to me. But, I'm not you. And it will seem even more accurate in another year. |
Right. You got me. My apologies. 
I'm impressed
with your economics. |
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