How the Health Crisis was solved 80 years ago.

[Sirrus_Asura]

Judging by the comments the host was fucking with the guest.

The host was just being loud arrogant and bill'o~esk. Are you familiar with who Peter Schiff is btw?

Edit: fukkin saved

[Olo401]

http://www.faithmouse.com/sarah_palin_pancakes.jpg

If she moved to RI those would have to be johnny cakes.

[Dimmauk]

I think its funny how Palin says this:

"In honor of the American soldier, you quit making things up”.

Then makes up some shit about Death Panels.

[MF Perm tha Fineass]

http://www.foreignpolicy.com/article...care?page=full

[Rhinox]

The host was just being loud arrogant and bill'o~esk. Are you familiar with who Peter Schiff is btw?

Edit: fukkin saved

I am. He is a partisan Free market zero regulation nutjob who pretty much took a shot in the dark and called the housing collapse. I trust Paul krugman before I take anything Schiff has to say.

[Sirrus_Asura]

I am. He is a partisan Free market zero regulation nutjob who pretty much took a shot in the dark and called the housing collapse. I trust Paul krugman before I take anything Schiff has to say.

Ahahahahahhahahaaa. Alright champ, whatever gets your dick hard lol.

All I hear is,

Anyone who doesn't agree with me is stoopid.

[Beckwin]

schiff is one of many who called the housing collapse. his word is far from final.

[Rockstaru]

Video: Betsy McCaughey Pt. 1 | The Daily Show | Comedy Central

Video: Exclusive - Betsy McCaughey Extended Interview Pt. 1 | The Daily Show | Comedy Central

Video: Exclusive - Betsy McCaughey Extended Interview Pt. 2 | The Daily Show | Comedy Central

From tonight's Daily Show, Jon Stewart interviewing/debating with former NY Lt. Governor Betsy McCaughey, the woman who supposedly first invented the idea of death panels (though she never used those words).

[Olo401]

The host was just being loud arrogant and bill'o~esk. Are you familiar with who Peter Schiff is btw?

Edit: fukkin saved

I am. He is a partisan Free market zero regulation nutjob who pretty much took a shot in the dark and called the housing collapse. I trust Paul krugman before I take anything Schiff has to say.

Ahahahahahhahahaaa. Alright champ, whatever gets your dick hard lol.

Well how would you feel if it were Lyndon LaRouche being interviewed? The man pretty much predicted the current financial collapse years before it happened and why it would happen. That still doesn't take away from the fact that the guy is an insane conspiracy theorist..

[Sirrus_Asura]

Well how would you feel if it were Lyndon LaRouche being interviewed? The man pretty much predicted the current financial collapse years before it happened and why it would happen. That still doesn't take away from the fact that the guy is an insane conspiracy theorist..

That would be great but it doesn't really apply to Schiff. He's not a conspiracy theorist. He's an economist and chief global strategist of a brokerage.

Edit: Since everyone loves beating off to John Stewart(Myself included), he was on the daily show. I'm sure he's earned your trust now.

[Rhinox]

So has bill crystal, Karl rove, mike huckabee, and bill0

It means nothing. Try again




Btw you want a real smart man who predicted it before everyone? His name is Ross Perot

[Olo401]

That would be great but it doesn't really apply to Schiff. He's not a conspiracy theorist. He's an economist and chief global strategist of a brokerage.

.. who believes in full de-regulation of the financial markets, which is the exact opposite of what is necessary to prevent the very crisis he and many others predicted. It's the economic equivalent of holding a loaded handgun with your crotch.

[Sirrus_Asura]

.. who believes in full de-regulation of the financial markets, which is the exact opposite of what is necessary to prevent the very crisis he and many others predicted. It's the economic equivalent of holding a loaded handgun with your crotch.

Actually he blames the fed for pushing interest rates at an unsustainable low rate. That is regulation bub and that's also what put us where we are now.



@ Rhinox, quiet down kiddo, the adults are talking.

[Olo401]

Actually he blames the fed for pushing interest rates at an unsustainable low rate. That is regulation bub and that's also what put us where we are now.

@ Rhinox, quiet down kiddo, the adults are talking.

Uhhh.. no it's not. Lowering an interest rate is taking away regulation on the flow of new currency into the market.

I will agree tho that such loose control of the monetary supply, not just recently but probably since the mid 80s, is the major contributing factor behind the current mess as well as all the market bubbles that have been bursting since 1999. Thanks a fucking lot Alan Greenspan.

[Sirrus_Asura]

Uhhh.. no it's not. Lowering an interest rate is taking away regulation on the flow of new currency into the market.

I will agree tho that such loose control of the monetary supply, not just recently but probably since the mid 80s, is the major contributing factor behind the current mess as well as all the market bubbles that have been bursting since 1999. Thanks a fucking lot Alan Greenspan.

Call it what you want, its still regulation on something that should be left up to the free market (Don't say the free market dosn't work based on where we are now, we're not in a free market as is, so cram it)

Peter Schiff still called it, and he's no less correct on this issue.

You can argue ethics and how many people are going to die all you want, we have preexisting issues at hand within how our system works and if they're not fixed, we can't move forward no matter how much you want to believe so. We're just digging the hole deeper and making things that much worse for the next few generations. Pick your battles.

Thanks for not pulling a Rhinox and actually arguing like an adult.

[Rhinox]

You mad

and

You stupid

[Dimmauk]

Its weird how other nations have free health care, but the "most powerful nation in the world" cant afford it.

[Rhinox]

Thats because we must keep the Billionaire overlords happy.

BillionairesForWealthcare

lol

[Olo401]

Call it what you want, its still regulation on something that should be left up to the free market (Don't say the free market dosn't work based on where we are now, we're not in a free market as is, so cram it)

So then you're saying the answer is to drop the prime rate to 0% from .25%? Take the last, most minimal control off. Ridiculous. If anything, that will make the rampant inflation (that just about every economist ignores) WORSE by allowing banks to borrow money interest-free and the value of the dollar will plummet more than it already has.

The interest rate needs to stay where it is until the economy recovers so that there's enough currency to get everything moving again, and afterwards that extra money needs to come out of the economy ASAP by raising the prime rate 4% incrementally, then test for stress, then raise it to 7% incrementally and keep it there until the excess currency is pulled back in.

You can argue ethics and how many people are going to die all you want, we have preexisting issues at hand within how our system works and if they're not fixed, we can't move forward no matter how much you want to believe so. We're just digging the hole deeper and making things that much worse for the next few generations. Pick your battles.

All the more reason to take the action I just outlined. Letting Bush's lopsided tax cuts expire, ending the wars, and re-instituting budgetary policies similar to those Clinton had (you know back when we were actually paying down the debt in the 90s) will also go a long way.

[Sirrus_Asura]

Its weird how other nations have free health care, but the "most powerful nation in the world" cant afford it.

Its weird how you think that term coined quite some time ago holds any bearing when we're a fuckton in debt and have had very little success as of late changing this.

Answer: We're not hot shit anymore. Shocked?

By the way Rhinox, what political affiliation are you?