What the 2012 election taught us

Nov 6, 2012 | Posted by: roboblogger | Full story: The Washington Post

We've been scouring the data for clues as to what we should learn from what happened tonight as President Obama relatively easily claimed a second term.

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#7772
Feb 4, 2013
 
DBWriter wrote:
<quoted text>
Go to school, dufus.
Where will the money come from to pay for Obama's government?
Where will the money come from to pay for anyone's gov't?

which recent president hasn't spent more than they took in?

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#7773
Feb 4, 2013
 

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barefoot2626 wrote:
<quoted text>
Just look at you and see what tea bag rhetoric has created.
Just look at you and see what the New Left rhetoric has created which abandoned the Old Left(FDR) in favor of this New Left rhetoric.

New Left

The New Left was a range of activists, educators, agitators and others in the 1960s and 1970s who focused their attention on marginal identities and, eventually, identity politics. They rejected involvement with the labor movement and Marxism's historical theory of class struggle. Abandoning the Marxist goals of educating the proletariat, the New Left turned to student activism as its reservoir of power.

In both the U.S. and Japan, the "New Left" was associated with the Hippie movement and college campus protest movements. The American New Left in particular opposed what it saw as the prevailing authority structures in society, which it termed "The Establishment", and those who rejected this authority became known as "anti-Establishment" .

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

Left-wing politics

In politics, left-wing describes an outlook or specific position that accepts or supports social equality, often in opposition to social hierarchy and social inequality. It usually involves a concern for those in society who are disadvantaged relative to others and an assumption that there are unjustified inequalities (which right-wing politics views as natural or traditional) that need to be reduced or abolished.

The political terms Left and Right were coined during the French Revolution (17891799), referring to the seating arrangement in the Estates General: those who sat on the left generally opposed the monarchy and supported the revolution, including the creation of a republic and secularization, while those on the right were supportive of the traditional institutions of the Old Regime. Use of the term "Left" became more prominent after the restoration of the French monarchy in 1815 when it was applied to the "Independents".

The term was later applied to a number of movements, especially republicanism during the French Revolution, socialism, communism, and anarchism. Beginning in the last half of the Twentieth Century, the phrase left-wing has been used to describe an ever widening family of movements, including the civil rights movement, anti-war movements, and environmental movements,[dubious discuss], and finally being extended to entire parties, including the Democratic Party in the United States and the Labour Party in the United Kingdom. In two party systems, the terms "left" and "right" are now sometimes used as labels for the two parties, with one party designated as the "left" and the other "right", even when neither party is "left-wing" in the original sense of being opposed to the ruling class.

http://en.wikipedia.org/wiki/Left-wing_politi...

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#7774
Feb 4, 2013
 
woodtick57 wrote:
<quoted text>Where will the money come from to pay for anyone's gov't?
which recent president hasn't spent more than they took in?
we can thank Nixion for the FIAT money system with and unlimited supply of money for the Federal Government since 1971.

Fiat Money



Gold: Independent Money. Fiat Money

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

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#7775
Feb 4, 2013
 
Anonymous of Indy wrote:
<quoted text>we can thank Nixion for the FIAT money system with and unlimited supply of money for the Federal Government since 1971.
Fiat Money
http://www.youtube.com/watch?v =hx16a72j__8XX
Gold: Independent Money. Fiat Money
http://www.youtube.com/watch...
basing currency on gold is just fiat money based on other fiat money...

Sad that most people have no idea what that term means, yet they keep parroting it.

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#7776
Feb 4, 2013
 
woodtick57 wrote:
<quoted text>basing currency on gold is just fiat money based on other fiat money...
Sad that most people have no idea what that term means, yet they keep parroting it.
FIAT Money is backed only by the Federal Governments Word that its money which fiat-money currency generally loses value once the issuing government or central bank refuses to further guarantee its value.

Fiat money

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

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#7777
Feb 4, 2013
 
Anonymous of Indy wrote:
<quoted text>FIAT Money is backed only by the Federal Governments Word that its money which fiat-money currency generally loses value once the issuing government or central bank refuses to further guarantee its value.
Fiat money
http://en.wikipedia.org/wiki/Fiat_money
Gold is fiat money...it only has value as currency when people agree it has value as currency.

what intrinsic value does gold hold for you?

unless you live in a barter economy, you use fiat money.

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#7778
Feb 4, 2013
 

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DBWriter wrote:
<quoted text>
Go to school, dufus.
Where will the money come from to pay for Obama's government?
Same place Bush got it. Take a civics class.

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#7779
Feb 4, 2013
 

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Anonymous of Indy wrote:
<quoted text>Just look at you and see what the New Left rhetoric
I'm not interested in tea bag rhetoric, I guess you felt a need to fill the thread with off-topic garbage.

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#7780
Feb 4, 2013
 
woodtick57 wrote:
<quoted text>Gold is fiat money...it only has value as currency when people agree it has value as currency.
what intrinsic value does gold hold for you?
unless you live in a barter economy, you use fiat money.
Gold isnt Fiat Money, FIAT money is not backed by Gold or Silver only by the Government that gives FIAT money its Value and why Switzerland currency is still backed by gold and why Romney & other politicans have Swiss Bank accounts which their money is safer Vs US Bank accounts.

Swiss franc

The Swiss franc has historically been considered a safe-haven currency with virtually zero inflation and a legal requirement that a minimum of 40% be backed by gold reserves.

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

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#7781
Feb 4, 2013
 
barefoot2626 wrote:
<quoted text>
I'm not interested in tea bag rhetoric, I guess you felt a need to fill the thread with off-topic garbage.
not off topic at all the Left wing & Tea Bag Rhetoric share so much in common.

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#7782
Feb 4, 2013
 
barefoot2626 wrote:
<quoted text>
Fifth Amendment.
Do stop spamming the board with stuff that's been refuted ten times.
Gun Registration of a Law abiding citizen vs a Non Law abiding Citizen.

Do stop spamming the board with stuff that's been refuted ten times.

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#7783
Feb 4, 2013
 
Anonymous of Indy wrote:
<quoted text>Gold isnt Fiat Money, FIAT money is not backed by Gold or Silver only by the Government that gives FIAT money its Value and why Switzerland currency is still backed by gold and why Romney & other politicans have Swiss Bank accounts which their money is safer Vs US Bank accounts.
Swiss franc
The Swiss franc has historically been considered a safe-haven currency with virtually zero inflation and a legal requirement that a minimum of 40% be backed by gold reserves.
http://en.wikipedia.org/wiki/Swiss_franc
really? when gold prices went up drastically recently, was that because it suddenly became more valueable, or because the people that agreed to use it as a currency said it was more valuable?

funny paerrots don't even know what they repeat...

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#7784
Feb 4, 2013
 
woodtick57 wrote:
<quoted text>really? when gold prices went up drastically recently, was that because it suddenly became more valueable, or because the people that agreed to use it as a currency said it was more valuable?
funny paerrots don't even know what they repeat...
right Gold is a precious metal

Function

Gold is actively traded on world markets. It is treated as a commodity, with the actual metal never changing hands. It is seen as a refuge for investments during tough economic times. Investors believe that gold will always hold its value, while currencies and stocks will not. Gold is valued in jewelry and artwork. It does not cause allergic reactions and requires no maintenance to sparkle and look great. Gold is also treasured in coinage and bullion. Gold coins made by ancient civilizations still survive today and are prized by collectors.

Gold is also valuable because of its rarity. It is estimated that all the gold in the world would form a cube measuring just 19 meters on each side. That is a remarkably small amount considering the size of the Earth. More gold is mined all the time, but demand also increases as there are more people to desire it.

Why is Gold So Valuable?

http://www.ehow.com/about_4577822_why-gold-va...

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#7785
Feb 4, 2013
 
Anonymous of Indy wrote:
<quoted text>right Gold is a precious metal
Function
Gold is actively traded on world markets. It is treated as a commodity, with the actual metal never changing hands. It is seen as a refuge for investments during tough economic times. Investors believe that gold will always hold its value, while currencies and stocks will not. Gold is valued in jewelry and artwork. It does not cause allergic reactions and requires no maintenance to sparkle and look great. Gold is also treasured in coinage and bullion. Gold coins made by ancient civilizations still survive today and are prized by collectors.
Gold is also valuable because of its rarity. It is estimated that all the gold in the world would form a cube measuring just 19 meters on each side. That is a remarkably small amount considering the size of the Earth. More gold is mined all the time, but demand also increases as there are more people to desire it.
Why is Gold So Valuable?
http://www.ehow.com/about_4577822_why-gold-va...
Down to googling facts, Indy? sad...

if the world economy died, would you trade any food and water yuo had stored up for some gold?

Gold is Fiat Money....

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#7786
Feb 4, 2013
 

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Anonymous of Indy wrote:
<quoted text>not off topic at all
Off topic copy and paste spam.

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#7787
Feb 4, 2013
 

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woodtick57 wrote:
<quoted text>Down to googling facts, Indy? sad...
if the world economy died, would you trade any food and water yuo had stored up for some gold?
Gold is Fiat Money....
nope, Money backed by a Gold and Money back by a FIAT Money system are to different animals which FIAT Money is worthless without a Government to back it just like the US Dollar is FIAT money now vs being backed by gold which if you understand what nixion did with OPEC which really gave the US dollar it Value backed by oil because Nixon got the OPEC to agree to value Oil in US Dollars on the Global Market which helps support the US dollar and why we have such an interets in the Middle east with OPEC countries to keep them happy and continue to value oil in US dollars on the Global Market and if FDR could have done what Nixon did, the Great Depression would have probably ended sooner since FDR had to collect as much gold as he could to increase the value of the Dollar and during the Great Depression it was illegall to possess & own gold by executive order 6102.

Government Meddling With Money

Fiat Money and the Gold Problem

http://mises.org/money/3s11.asp

Executive Order 6102

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

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Anonymous of Indy wrote:
Gun Registration of a Law abiding citizen vs a Non Law abiding Citizen.
Nope.

Let's look at the very first sentence of the Wiki entry... EXACTLY as it comes out...
"
Haynes v. United States, 390 U.S. 85 (1968), was a United States Supreme Court decision interpreting the Fifth Amendment to the United States Constitution's self-incrimination clause. "

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#7789
Feb 4, 2013
 

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Anonymous of Indy wrote:
<quoted text>nope, Money backed by a Gold and Money back by a FIAT Money system are to different animals which FIAT Money is worthless without a Government to back it just like the US Dollar is FIAT money now vs being backed by gold which if you understand what nixion did with OPEC which really gave the US dollar it Value backed by oil because Nixon got the OPEC to agree to value Oil in US Dollars on the Global Market which helps support the US dollar and why we have such an interets in the Middle east with OPEC countries to keep them happy and continue to value oil in US dollars on the Global Market and if FDR could have done what Nixon did, the Great Depression would have probably ended sooner since FDR had to collect as much gold as he could to increase the value of the Dollar and during the Great Depression it was illegall to possess & own gold by executive order 6102.
Government Meddling With Money
Fiat Money and the Gold Problem
http://mises.org/money/3s11.asp
Executive Order 6102
http://en.wikipedia.org/wiki/Executive_Order_...
You still refuse to see the facts in front of you....gold itself is fiat money. it is only worth anything because socierty has agreed to it's value. it is no different than our society agreeing to the US dollar having value. so you are arguing to get off fiat money and onto another fiat money...

you do not understand what others told you to parrot...

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Feb 4, 2013
 

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woodtick57 wrote:
<quoted text>Down to googling facts, Indy? sad...
if the world economy died, would you trade any food and water yuo had stored up for some gold?
Gold is Fiat Money....
Grain prices would go through the roof too and already already climbed since 2008 because of the value of the US dollar beside there again Corn & Soybeans have use value which the world needs Corn & Soybeans especially China to survive.

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Feb 4, 2013
 

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woodtick57 wrote:
<quoted text>You still refuse to see the facts in front of you....gold itself is fiat money. it is only worth anything because socierty has agreed to it's value. it is no different than our society agreeing to the US dollar having value. so you are arguing to get off fiat money and onto another fiat money...
you do not understand what others told you to parrot...
Definition of 'Fiat Money'

Currency that a government has declared to be legal tender, despite the fact that it has no intrinsic value and is not backed by reserves. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is based solely on faith.

http://www.investopedia.com/terms/f/fiatmoney...

FIAT Money is a Currency and Gold is a commodity which can be valued in different curriences.

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