Who do you support for Governor in Oh...
xxxrayted

Cleveland, OH

#9795 Sep 27, 2012
Che Reagan Christ wrote:
<quoted text>
KFC = "A good buck for good food." That explains it all.
Yep. When it comes to fast food, few are more expensive than KFC. But unlike all the other fast food places like McDonanld's and Burger King, KFC tastes the exact same way it did 40 years ago or so.

When I was a kid, fast food was a special treat. With most women working today, it's almost a standard at least a couple times a week. Going to McDonalds will run a mother about twenty bucks or so. Going to KFC would be more like thirty or more. So when they desire chicken and don't want McNuggets, they run to Church's or Popeye's.
Loren Eberly

Mansfield, OH

#9796 Sep 27, 2012
Dispatch Services Funding:

USA Labor Law, the Constitution, and demands of Natural Law: what Mother Nature, God, or Whatever Power decreed to be the reality of the real world, democracy, capitalism, the US Constitution, and free, fair, and affordable commerce and common sense demands.

Demands every Stockholder, corporation, farmer, business, outsourcer sweatshop, and nonprofit, tax-exempt, organization and Church; markets the cost in the wholesale and retail price of his or her product and service; of every worker, consumer, and taxpayer funding cost of dispatch services. With money derived from wages (union contract), investment and independent business profit.

This enables every worker, consumer, and taxpayer to pay for dispatch services. With money derived from wages, investment profit, and independent business profit.
Free Market Capitalist

Perrysburg, OH

#9797 Sep 27, 2012
xxxrayted wrote:
<quoted text>
Understood. But it doesn't gradually increase because of that reason. True, fake money always bumps the market up, and DumBama has done that a few times.
I still say that it's multinational companies that have been carrying the market on their backs. Just an example, a year or so ago I took note of all the KFC chicken places closing up. All the outlets around me did, so I became suspicious. I looked around on the net and found an explanation.
It seems that KFC is uprooting most of their stores and building them in China. Americans have become so cheap, they won't even spend a good buck on good food, so KFC was not making enough money and closed down the lowest performing restaurants.
They are still an American company though with a few places left. But their real money is in China where the people cannot get enough KFC, and they are not even selling Chicken there.
Go back to 1971 when Nixon ended the Bretton Woods system where foreign countries could no longer convert (redeem) their U.S. dollars for gold. Nixon essentially broke all ties between the dollar and gold and gave the government, with the federal reserve as an accomplice, the ability to expand the money supply infinitely. This also allowed the the government to start running huge deficits because the money was no longer backed by anything.
Now, go look at a chart of the S&P 500 starting around 1971. It was trading below 200. From there it pushed ever higher into March of 2000 at a peak of 1527, where the bubble then popped and crashed. Since then, we had a higher high in 2007, and , currently, we are working on another one.

You might say that the economy expanded tremendously during that time (1971-2000). Well, I can't deny that, but one must ask why it expanded, not including population growth. The main reason the economy expanded was the massive expansion of the money supply. If I could post a chart here to illustrate it, I would. Money supply is controlled initially by the Fed and then secondarily through the fractional reserve banking system. All money starts out as a loan. The boom of the 90's was fueled by debt. Everything comes from debt. In fact, our money is actually backed by debt. The Fed controlls all this. Think of the Nasdaq bubble that popped in 2000 and the recent housing bubble. These bubbles were spawned from the Fed and they were really part of a bigger bubble known as a debt bubble or debt super cycle. They popped because they were created from debt, they were simply inflated with cheap money, they had no real value.

The collapse of 08' was nothing but the system trying to deleverage, same with the Nasdaq bubble in 2000. Another name for it is deflation. Both bubbles popped because the Fed started raising interest rates. Remember that the Fed is basically incompetent and they always do too much or too little. They are playing God and don't really know what the hell they are doing.

So, basically, I will stick with my belief that the stock market is nothing but a gauge of how much liquidity is in the system at any given time. Now, essentially, you could say the same about the economy in general. When liquidity is added, the economy expands; when liquidity is taken out, the economy shrinks. However, the stock market is a better gauge or proxy because you can visualize it as a simple index - S&P 500 - with price levels.
Basically, you got several idiots led by Bernanke who are trying to micro manage the entire economy by manipulating interest rates and money supply.

I wish I could explain this better, but I don't have time and it really is a difficult thing to try to explain because it is very complex and I have never really been that good at explaining comlex things.
Free Market Capitalist

Perrysburg, OH

#9798 Sep 27, 2012
We can blame politicians all we want. However, until we change our monetary system, nothing will really change. We don't really need the Federal Reserve to manipulate interest rates or the money supply. Actually, if the free market were allowed to set interest rates through natural supply and demand, we wouldn't have the nasty boom/busts that we've endured over the years. Of course, politicians like the Fed because it allows them to be fiscally irresponsible and spend, spend, spend. Remember, that inflation is the result of the Fed and it is a hidden tax.
Free Market Capitalist

Perrysburg, OH

#9799 Sep 27, 2012
Peter Schiff argues with CNN bimbo:

http://www.youtube.com/watch...
Free Market Capitalist

Perrysburg, OH

#9800 Sep 27, 2012
Peter Schiff Explains Federal Reserve:

http://www.youtube.com/watch...

Since: Aug 11

Location hidden

#9802 Sep 27, 2012
Free Market Capitalist wrote:
<quoted text>
Go back to 1971 when Nixon ended the Bretton Woods system where foreign countries could no longer convert (redeem) their U.S. dollars for gold. Nixon essentially broke all ties between the dollar and gold and gave the government, with the federal reserve as an accomplice, the ability to expand the money supply infinitely. This also allowed the the government to start running huge deficits because the money was no longer backed by anything.
Now, go look at a chart of the S&P 500 starting around 1971. It was trading below 200. From there it pushed ever higher into March of 2000 at a peak of 1527, where the bubble then popped and crashed. Since then, we had a higher high in 2007, and , currently, we are working on another one.
You might say that the economy expanded tremendously during that time (1971-2000). Well, I can't deny that, but one must ask why it expanded, not including population growth. The main reason the economy expanded was the massive expansion of the money supply. If I could post a chart here to illustrate it, I would. Money supply is controlled initially by the Fed and then secondarily through the fractional reserve banking system. All money starts out as a loan. The boom of the 90's was fueled by debt. Everything comes from debt. In fact, our money is actually backed by debt. The Fed controlls all this. Think of the Nasdaq bubble that popped in 2000 and the recent housing bubble. These bubbles were spawned from the Fed and they were really part of a bigger bubble known as a debt bubble or debt super cycle. They popped because they were created from debt, they were simply inflated with cheap money, they had no real value.
The collapse of 08' was nothing but the system trying to deleverage, same with the Nasdaq bubble in 2000. Another name for it is deflation. Both bubbles popped because the Fed started raising interest rates. Remember that the Fed is basically incompetent and they always do too much or too little. They are playing God and don't really know what the hell they are doing.
So, basically, I will stick with my belief that the stock market is nothing but a gauge of how much liquidity is in the system at any given time. Now, essentially, you could say the same about the economy in general. When liquidity is added, the economy expands; when liquidity is taken out, the economy shrinks. However, the stock market is a better gauge or proxy because you can visualize it as a simple index - S&P 500 - with price levels.
Basically, you got several idiots led by Bernanke who are trying to micro manage the entire economy by manipulating interest rates and money supply.
I wish I could explain this better, but I don't have time and it really is a difficult thing to try to explain because it is very complex and I have never really been that good at explaining comlex things.
Right, 1971 is where the mess really started and with Nixon

Fiat Money



Nixon Ends Bretton Woods International Monetary System

http://www.youtube.com/watch...

August 15, 1971: A Date Which Has Lived In Infamy

http://www.forbes.com/sites/briandomitrovic/2...

Executive Order 11615 - Providing for Stabilization of Prices, Rents, Wages, and Salaries

http://www.presidency.ucsb.edu/ws/index.php...

Bretton Woods system

http://en.wikipedia.org/wiki/Bretton_Woods_sy...

Since: Aug 11

Location hidden

#9803 Sep 28, 2012
Harvard: Liberals in Name Only

There are two universal truths everybody knows (or thinks they know) about Harvard. The first is that people who go here are “wicked smaht,” while the second, albeit not by much, is that people who go here are wicked liberal. Even individuals who know nothing about the Ivy League, New England, or college in general accept those beliefs as infallible. Pundits are wont to refer to the school as the bastion of liberalism, while conservatives hurl it as an insult to the left.

My political psychology professor always talks about the lack of conservatives to compose an externally valid sample set among Harvard students. And my conservative grandmother did not want me to apply to Ivy League schools in fear that they would transform me into Cornel West. Harvard, in other words, is a laboratory for wide-eyed utopians with grand ideas but little understanding of the real world problems that face the conservative everyman.

Click link to continue the Article

http://hpronline.org/harvard/harvard-liberals...
Reality Speaks

Columbus, OH

#9804 Sep 28, 2012
Anonymous of Indy wrote:
Harvard: Liberals in Name Only
There are two universal truths everybody knows (or thinks they know) about Harvard. The first is that people who go here are “wicked smaht,” while the second, albeit not by much, is that people who go here are wicked liberal. Even individuals who know nothing about the Ivy League, New England, or college in general accept those beliefs as infallible. Pundits are wont to refer to the school as the bastion of liberalism, while conservatives hurl it as an insult to the left.
My political psychology professor always talks about the lack of conservatives to compose an externally valid sample set among Harvard students. And my conservative grandmother did not want me to apply to Ivy League schools in fear that they would transform me into Cornel West. Harvard, in other words, is a laboratory for wide-eyed utopians with grand ideas but little understanding of the real world problems that face the conservative everyman.
Click link to continue the Article
http://hpronline.org/harvard/harvard-liberals...
My father went to Harvard to receive a Masters in Business Management; and then again for advanced Management.

He would tell you Harvard is full of spoiled children who never had to earn a thing in life except grades.

His second time at Harvard he was in his early forties. He was there because of the resources Harvard has to propel him in his career with skill sets he can utilize in his job.

That was 30 years ago.

30 years ago there also was no Federal Board of Education.

The liberal machine did a magnificent job of brainwashing all of our kids in public schools and at the University level.

Problem today is that the people are living the failure of what was taught; and first hand reaping what was sowed.

When you run out of other peoples money....party is over.

When they come demanding more money to double down on failure the population is saying hold on a minute.

If the liberals think a ride over the falls is such a great idea, then let them separate themselves from society to continue on with their experiment with their own money.

Since: Aug 12

United States

#9805 Sep 28, 2012
They're already just printing money since the Chinese and Russians are sick of loaning it to them to squander on dumbass stuff.

What nobody cares about because hardly anyone saves money like they should, is that by printing money, its basically stealing the money of those who were responsible and saved some of theirs. It steals the value of it.

Since: Aug 12

United States

#9806 Sep 28, 2012
Indy, did you go to Tri State in Angola then?
gary

Minford, OH

#9807 Sep 28, 2012
so who is going to make the 10,000 comment? thats what you guys are trying to do isn't it?
Loren Eberly

Mansfield, OH

#9808 Sep 28, 2012
Nonvoters:

The majority of 53% of US the Government of this Representative Republic that vote and the 47% nonvoters that sit on their dead hands and whine; “they did not vote” for the Obnoxious President, Governor, Representatives of US the Government, County Commissioners, Township Trustees, Mayors, City Council, School Administrators and Board Members.

That defies USA Labor Law, The Constitution, and demands of Natural Law: what Mother Nature, God, or Whatever Power decreed to be the reality of the real world, democracy, capitalism, the US Constitution, and free, fair, and affordable commerce and common sense demands.

Demanding every Stockholder, corporation, farmer, business, outsourcer sweatshop, and nonprofit, tax-exempt, organization and Church; markets the cost in the wholesale and retail price of his or her product and service; of every worker, consumer, and taxpayer's wages (union contract), investment and independent business profit.

This enables every worker, consumer, and taxpayer to pay healthcare insurance premium or pay healthcare provider. Pay ALL taxes and pay for every product and service they use for life. With money derived from wages, investment profit, and independent business profit.

This enables every parent to educate, love, nurse, nurture, discipline, protect, and provide; for every child (job) they conceive. And fund schools, infrastructure, local and national security, government services, and etc.; with money derived from wages, investment profit, and independent business profit.

That holds Union workers, consumers, taxpayers, and America’s grandchildren’s children, Government employees, Parents, Teachers, Veterans, Police, Firemen, and Fathers disqualified for affirmative action with white skin, Representatives deny Collective Bargaining Rights accountable.

To fund Illegal drug users and Illegal Immigrants, lottery, casino, and keno losers, unemployed Union workers replaced with nonunion workers, Human Traffickers, waitresses that pander for life for $2.00 per hour, slaves in enterprise zones, low-income child labor, consumers, and taxpayers, volunteers without wages, and nonunion workers willing to work for fewer wages than they can afford life. That pays with welfare checks, food stamps, housing vouchers, and Medicaid.

Pay for all stimulus packages, tax abatements, tax incentives, tax refunds, tax credit, and tax exemptions.

Pay sales tax on the more stock dividends (money) OPEC Nations, Enron Stockholders, Wal-Mart Stockholders, Hillarys, Chinese, Foreign and Domestic Investors and Stockholders (money marketers) market quarterly. In the wholesale and retail price of every product and service Human Beings use for life. And School Boards and Government needs to build, maintain and operate schools, infrastructure, and provide local and national security, and Government services. That gets only product or service.

Needed to measure and maintain the strength and growth of this UNAFFORDABLE economy and distribute money into OPEC Nations, Enron Stockholders, Wal-Mart Stockholders, Hillarys, Chinese, Foreign and Domestic Investors and Stockholders portfolios.

Defying USA Labor Law, the Constitution, and Realities demands is bankrupting USA. Makes free, fair, and affordable commerce IMPOSSIBLE; Makes funding schools IMPOSSIBLE; Makes balancing every budget IMPOSSIBLE; Makes Union workers, consumers, taxpayers, and Americas grandchildren's children life UNAFFORDABLE; and created Ohio’s $1.35 trillion budget deficit, the $40 trillion social security and the $16 trillion national debt. America’s grandchildren’s children are responsible to pay Chinese, Foreign and Domestic Investors and Stockholders interest with this debt until they are 18 years old.

America’s grandchildren’s children cannot afford life and pay this debt with the $7.25 per hour Government mandated labor wage in a hundred million years.
free

Sidney, OH

#9809 Sep 28, 2012
Expalin trickle-up again ? Does that mean welfare entitlement (taxpayer) spending by the poor and the low income workforce is an economic engine that drives to economy ? Explain the illogic ?
Che Reagan Christ wrote:
<quoted text>
Trickle down doesn't work. Never has. Never will.
free

Sidney, OH

#9810 Sep 28, 2012
While Liberal Dirty Democrats pocket ill gotten gains through political pay-offs under the table...Theft by any other name is still theft. Fraud by any other name is still fraud. A rich Liberal Dirty Democrat by any other name is still a rich Liberal Dirty Democrat. Can't change their spots.

Since: Aug 11

Location hidden

#9811 Sep 28, 2012
UdintBuildThat wrote:
They're already just printing money since the Chinese and Russians are sick of loaning it to them to squander on dumbass stuff.
What nobody cares about because hardly anyone saves money like they should, is that by printing money, its basically stealing the money of those who were responsible and saved some of theirs. It steals the value of it.
thanks Nixion for the FIAT money system.

Since: Aug 11

Location hidden

#9812 Sep 28, 2012
UdintBuildThat wrote:
Indy, did you go to Tri State in Angola then?
nope

Since: Aug 11

Location hidden

#9813 Sep 28, 2012
free wrote:
Expalin trickle-up again ? Does that mean welfare entitlement (taxpayer) spending by the poor and the low income workforce is an economic engine that drives to economy ? Explain the illogic ?
<quoted text>
all ask some of the Farmers explain how it works they know all about welfare and why they shouldnt be in farming.
Free Market Capitalist

Perrysburg, OH

#9814 Sep 28, 2012
UdintBuildThat wrote:
They're already just printing money since the Chinese and Russians are sick of loaning it to them to squander on dumbass stuff.
What nobody cares about because hardly anyone saves money like they should, is that by printing money, its basically stealing the money of those who were responsible and saved some of theirs. It steals the value of it.
The last time I checked, and that's been awhile, the Federal Reserve's balance sheet was over 2.6 trillion. Today, they are the biggest holder of U.S. treasury securities. With QE III (infinitey), expect that balance sheet to grow. We are monetizing our debt at an alarming rate. Throughout history, this is usually a sign of a nation that is about to default on its debt. Of course, there are two ways to default: one is through ou tright default and the second is through inflation (hyper inflation), paying back debt with cheaper dollars.

We are in serious, serious trouble. Imagine this country in a scenario where the dollar became virtually worthless! Imagnine the chaos, untold deaths, misery and horror... We are a soft, obese, infirm nation - there are alot that wont survive such a scenario.
Che Reagan Christ

Lodi, OH

#9815 Sep 28, 2012
Free Market Capitalist wrote:
<quoted text>
The last time I checked, and that's been awhile, the Federal Reserve's balance sheet was over 2.6 trillion. Today, they are the biggest holder of U.S. treasury securities. With QE III (infinitey), expect that balance sheet to grow. We are monetizing our debt at an alarming rate. Throughout history, this is usually a sign of a nation that is about to default on its debt. Of course, there are two ways to default: one is through ou tright default and the second is through inflation (hyper inflation), paying back debt with cheaper dollars.
We are in serious, serious trouble. Imagine this country in a scenario where the dollar became virtually worthless! Imagnine the chaos, untold deaths, misery and horror... We are a soft, obese, infirm nation - there are alot that wont survive such a scenario.
It's a good thing we didn't traipse off into two wars funded entirely by borrowing.

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