:: SuperTopo Rock Climbing Discussion Topic

Discussion Topic

Return to Forum List

This thread has been locked

Messages 9141 - 9160 of total 9765 in this topic

<< First | < Previous | Show All | Next > | Last >>

Bob D'A

Trad climber

Taos, NM

Sep 30, 2011 - 12:34am PT

Crack...before you gibber on about Obama...please provide an example of a (modern) republican president that has lower the debt, decrease government spending and decrease the size of government. If you can't do so, please keep your head in the sand where it belongs.

Crack...also please explain why we are at a 60 year tax burden low when we are in two unpaid wars?

Can you also tell me which president has cut taxes (dollars) more in their first term...Bush or Obama?

Also...tell what business you run or if do run a business.

Mike Bolte

Trad climber

Planet Earth

Sep 30, 2011 - 01:13am PT

Karl Baba

Trad climber

Yosemite, Ca

Sep 30, 2011 - 01:17am PT

"They do, indeed. So, dirtbag, if someone put a gun to your head and FORCED you to pick a GOP candidate of the current lot - which one would it be?"

i'd pick Ron Paul, who I agree with on some things and not on others but at least the guy can do common sense, speaking truth to power and other political rarities and congress would keep him from enacting something too radical (like total deregulation)

I'm seeing some harsh language and vitrol directed toward Crack Addict. I think it's inappropriate because he is general using his own analysis, reason and non-virtrolic arguments to make his point so why get reactive and slander the same way that looks so childish when "the other side" does it?

peace

Karl

apogee

climber

Sep 30, 2011 - 01:28am PT

Mike Bolte

Trad climber

Planet Earth

Sep 30, 2011 - 01:30am PT

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 01:45am PT

Are you trying to make me justify high spending, foreign nation building, and republicans in general? Because anyone who knows me knows I would rather climb slab in a boa.

My business is none of your business

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 01:51am PT

I'm seeing some harsh language and vitrol directed toward Crack Addict. I think it's inappropriate because he is general using his own analysis, reason and non-virtrolic arguments to make his point so why get reactive and slander the same way that looks so childish when "the other side" does it?

Thanks Karl. Most of us carry our own opinions and prejudices on here, but I think your posts are informative, solidly written, and I feel like I have learned a couple things from them. That is what this thread should be about, rather than childish name calling. But that is just me, I suppose others have differing opinions, and it is a climbing blog after all, not an political one.

apogee

climber

Sep 30, 2011 - 01:54am PT

Gosh, DT...you sure post pretty pictures.

Got any words of your own to go along with them?

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 02:00am PT

Cracked head? Have you been to Austria?
I have....
I can promise you that you hardly have the freedom to fart in that country.
It's a horribly up tight country and it is not at all a coincidence that Hitler was
born there. If I never go back it will be to soon.

LOL I almost fell off my chair reading this. Austrian Economics does not mean we all will have to wear fedoras and hike in the Alps. In fact, it has nothing to do with Austria, really, except that several of its early founders were from the Hapsburg empire, from the late 1800s.

From Wikipedia:
//
In contrast to most mainstream theories on business cycles, Austrian School economists focus on the credit cycle as the primary cause of most business cycles. Austrian economists assert that inherently damaging and ineffective central bank policies are the predominant cause of most business cycles, as they tend to set "artificial" interest rates too low for too long, resulting in excessive credit creation, speculative "bubbles" and "artificially" low savings.[32]

According to the Austrian School business cycle theory, the business cycle unfolds in the following way: Low interest rates tend to stimulate borrowing from the banking system. This expansion of credit causes an expansion of the supply of money, through the money creation process in a fractional reserve banking system. This in turn leads to an unsustainable "credit-fuelled boom" during which the "artificially stimulated" borrowing seeks out diminishing investment opportunities. This boom results in widespread malinvestments, causing capital resources to be misallocated into areas which would not attract investment if the money supply remained stable. Austrian School economists argue that a correction or "credit crunch" – commonly called a "recession" or "bust" – occurs when credit creation cannot be sustained. They claim that the money supply suddenly and sharply contracts when markets finally "clear", causing resources to be reallocated back toward more efficient uses.

Friedrich Hayek was one of the few economists who gave warning of a major economic crisis before the great crash of 1929.[33][34] In February 1929, Hayek warned that a coming financial crisis was an unavoidable consequence of reckless monetary expansion.[35] Economist Steve H. Hanke identifies the 2007-2010 Global Financial Crises as the direct outcome of the Federal Reserve Bank's interest rate policies as is predicted by Austrian school economic theory.[36] Some analysts such as Jerry Tempelman have also argued that the predictive and explanatory power of ABCT in relation to the Global Financial Crisis has reaffirmed its status and, perhaps, cast into question the utility of mainstream theories and critiques.[37]//

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 02:06am PT

Mike,

That is an interesting graph, but what does it say? One of the greatest economic fallacies is that if one person gains another person must lose. It would be interesting to correlate that graph with the income of the lower 90% or even the lower 50%, and see if the correlation is positive or negative.

apogee

climber

Sep 30, 2011 - 02:09am PT

DT, that's bullsh#t. I've seen you post your own thoughts before. They're a lot more engaging than your silly pictures, even if I don't agree with them.

Mike Bolte

Trad climber

Planet Earth

Sep 30, 2011 - 02:14am PT

Crack -

the wealth weather globally-difficult economic times much better than do the poor and middle class.

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 02:35am PT

its the fact of the matter actually,
you cant purchase a thing for sale in a western society without taking advantage of the people who subsidized the cost of that item due to coercion

theirs blood on everything

This is simply not true, and even the most liberal pundits have come around on this in the last decade.

Chinese factory workers make Nikes because the pay is better than working on a farm. Foreign companies in China and other "poor" countries pay about 30% better on average than domestic companies.

Also, these jobs are stepping stones for these countries. I remember when I was a kid almost every toy said "Made in Hong Kong", later followed by "Made in Taiwan". Do you feel sorry for those poor Hong Kong workers still?

Open an economics book (if your reading is better than your grammar) and check out the section on "Trade" and "Comparative advantage"

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 03:03am PT

Time for a little reality with your childish fantasy

http://www.youtube.com/watch?v=2PiXDTK_CBY&feature=player_embedded

HAHAHAHAHAHAHAHA

Say bye-bye to being part of gov't, Pathetic Repub Idiots

These people don't really understand what they are protesting. If you don't like banks, put your money in a mattress. If you don't like bailouts you should be protesting Washington, not Wall Street.

It's so easy to imagine that a few moustache twirling Execs caused all of our economic problems. Easy, but completely wrong.

Karl Baba

Trad climber

Yosemite, Ca

Sep 30, 2011 - 03:58am PT

If you don't like banks, put your money in a mattress. If you don't like bailouts you should be protesting Washington, not Wall Street.

Pretty Simplistic thinking there. You have to cash your paycheck to get money in a mattress and to send it anywhere takes some banky stuff too. Banks and Washington are faces of the same coin these days. Washington serves Wall Street and Wall Street would rather us protest Washington than Wall Street (the men behind the curtain) but it's plain that Washington (both parties) act in stupid, wasteful, and corrupt ways, primarily because of the pressure, power and influence of wall street.

Corporations are legally obligated to maximize their profits even at the expense of the greater good. They are not people (as they say now, I'll believe a corporation is a person when Texas executes one)

Recommend everyone see the movie "The corporation" it becomes clear the built in dysfunction that corporate rule plays in our society. I've been in corporate management myself. There's a groupthink that allows things that individuals would never do as people

Which is why, as Eisenhower warned in his very important farewell address, beware of the military industrial complex's undue power. Think about the economic disaster that world peace and security would cause to this country! We depend on war. That's sad

peace

karl

CrackAddict

Trad climber

Canoga Park, CA

Sep 30, 2011 - 04:08am PT

Another Twinkie analogy. You have a neighbor who feeds her 10 year old daughter Twinkies every time she wants one. She is 50 lbs. overweight. Do you blame the daughter or the Mother?

Of course banks want Government on their side, and all the perks they get from that relationship. But Government should not be giving them those perks - and we need to hold them to that standard.

bookworm

Social climber

Falls Church, VA

Sep 30, 2011 - 06:57am PT

oh, yes, those obstructionist do-nothing just say no repubs won't let barry accomplish anything

but what about those senate dems? you know, like majority leader dingy harry who won't even bring barry's jobs bill up for a vote? or how about those senate dems who have already indicate they'll vote against barry?

"pass this bill, now"

http://thehill.com/blogs/blog-briefing-room/news/184713-durbin-says-democrats-dont-currently-have-the-votes-for-obama-jobs-bill