Trains

On 10/13/08 11:29 PM, in article
, "Kurgan
Gringioni" wrote:

On Oct 13, 11:29*am, SLAVE of THE STATE wrote:
On Oct 11, 6:16*pm, Howard Kveck wrote:

* *Sorry, but the facts get in the way of your attempt to lay the blame for
the
current economic crisis on blacks, hispanics and other minorities. (Not
racist much,
are y'all?):

Oh, shut the **** up with the idiot-talk. *It makes you sound like an
idiot.

The root of these wide-spread problems is the federal reserve (central
banking) and the banking laws. *The Fed needs to be abolished, along
with a complete revision of law regarding reserve requirements and
clear disclosure of terms on deposits. (Just noting the first basics.)


snip



Dumbass -


The root problem is abolishing regulation, an act which gave rise to
the widespread trading of credit default swaps. The credit default
swaps which became commonly traded between banks were sufficiently
complicated and opaque that the buyers (and, apparently, the sellers)
of the securitized "baskets" of subprime loans were convinced that the
risk was sufficiently spread around the banking system so that they
were a safe investment. Over time, a gigantic house of cards was
erected as the housing bubble grew larger than the ability of the
financial system as a whole to withstand a bursting of the bubble and
it's ability to meet its obligations on the defaults.

George Soros didn't trade in credit default swaps because he said he
didn't understand them. Warren Buffet called them "financial weapons
of mass destruction". Alas, as usual, Buffet was right.

When it comes to greed, Wall Street is not capable of self regulation.
We need small government, but we need the right set of rules too. Less
regulation is not always better.


thanks,

K. Gringioni.


You really are a rich kid ****in idiot!
I am still waiting for you to comment on you Coke dealing at UCSD?
I am still waiting to hear about you getting caught trying to put a virus on
the UCSD computer system?

SHOW us stupid folk the LACK of regulation? SHOW us stupid folk WHAT came
first?

The securities became a problem BECAUSE of sub-prime mortgages going bad and
not being paid when their "introductory" rates blew up!


Stainless,
Mommy & Daddy will always be disappointed in you!

On Oct 15, 9:11 am, ST wrote:


SHOW us stupid folk WHAT came
first?

The rigged big-banking backed Aldrich commission(s) came first. That
made creating the Fed a done deal. Not too long after came the great
depression, which persisted much longer than it would have because of
massive government (Hoover and FDR administrations) intervention.

These people are like heroin junkies. They don't complain about the
high times, it is just screeching when the dope runs out. They need
their cheap credit fix courtesy of the the taxpayers.

Party on Wayne.
Party on Garth.

These knuckleheads in rbr are the same as everywhere. They will never
learn. They have their simple 10th grade publik skool social studies
lesson: market bad, guvmint good.

On Oct 15, 11:38*am, SLAVE of THE STATE wrote:
On Oct 15, 9:11 am, ST wrote:

SHOW us stupid folk WHAT came
first?

The rigged big-banking backed Aldrich commission(s) came first. *That
made creating the Fed a done deal. *Not too long after came the great
depression, which persisted much longer than it would have because of
massive government (Hoover and FDR administrations) intervention.

These people are like heroin junkies. *They don't complain about the
high times, it is just screeching when the dope runs out. *They need
their cheap credit fix courtesy of the the taxpayers.

Party on Wayne.
Party on Garth.

These knuckleheads in rbr are the same as everywhere. *They will never
learn. They have their simple 10th grade publik skool social studies
lesson: market bad, guvmint good.

snort These knuckledraggers in rbr are the same as everywhere.They
will never learn. They have their simple 3rd grade Fox "News" talking
points spoon fed to them and that's all they know.

No one teaches that the market is "bad". It's quite the other way
around, there is a massive propaganda effort to discredit the govt.
History teaches us that the market can do bad things, if not regulated
by the govt. For example, see the Sherman Antitrust Act, which limits
cartels and monopolies.

History also teaches us that govt can do bad things along with good
things. But it's a flat out lie to claim, as knuckledraggers do, that
govt never does any good. It's all about balance. But what would
someone who's obviously unbalanced know about that?
-Paul

On Oct 15, 8:18*pm, "Paul G." wrote:

History also teaches us that govt can do bad things along with good
things. But it's a flat out lie to claim, as knuckledraggers do, that
govt never does any good. *It's all about balance. But what would
someone who's obviously unbalanced know about that?
-Paul- Hide quoted text -

- Show quoted text -

Paul, if you add in the knuckledraggers who think more government is
the answer to all our problems then you've got it covered.
Thanks for the good stuff.
Bill C

On Oct 15, 6:51*pm, Bill C wrote:
On Oct 15, 8:18*pm, "Paul G." wrote:

History also teaches us that govt can do bad things along with good
things. But it's a flat out lie to claim, as knuckledraggers do, that
govt never does any good. *It's all about balance. But what would
someone who's obviously unbalanced know about that?
-Paul- Hide quoted text -

- Show quoted text -

Paul, if you add in the knuckledraggers who think more government is
the answer to all our problems then you've got it covered.
*Thanks for the good stuff.
*Bill C

No problem: "more government" is not the answer to all our problems.
"Lower taxes" is not the answer to all our problems. There is no
single answer to all our problems. I'm a liberal. That means I keep
an open mind, and I like to say "it has to work". If your solution
doesn't work (think Palin's abstinence-only sex education policy and
her pregnant teen daughter) get outta here.
-Paul

On Oct 15, 9:11*am, ST wrote:


You really are a rich kid ****in idiot!
I am still waiting for you to comment on you Coke dealing at UCSD?
I am still waiting to hear about you getting caught trying to put a virus on
the UCSD computer system?




Dearest Fat and Stupid -


Has it ever occurred to you that if I did either one of those things,
they never would've hired me to coach the cycling team after I
graduated?


thanks,

K. Gringioni.

On Oct 15, 5:18*pm, "Paul G." wrote:

snip

*It's all about balance.

snip



Dumbass -


Yep.

Too little regulation and you've got anarchy (see Africa). Too much
regulation and you've got socialism (see the former Soviet Union).


thanks,

K. Gringioni.

Kurgan Gringioni wrote:
On Oct 15, 5:18 pm, "Paul G." wrote:

snip

It's all about balance.

snip



Dumbass -


Yep.

Too little regulation and you've got anarchy (see Africa). Too much
regulation and you've got socialism (see the former Soviet Union).

Dude,

Pragmatism makes for lousy sound bites. If it doesn't fit into a sound
bite, then the people who will understand it are, by definition,
intellectuals. If you are attempting to engage the intellectuals while
leaving the rest of America behind, then you are an elitist.

Learn more in my new book: "Wingnuttery for Dummies!"

On Oct 15, 9:32*pm, Kurgan Gringioni wrote:
On Oct 15, 5:18*pm, "Paul G." wrote:

snip

*It's all about balance.

snip

Dumbass -

Yep.

Too little regulation and you've got anarchy (see Africa). Too much
regulation and you've got socialism (see the former Soviet Union).

thanks,

K. Gringioni.

That analogy is too elitist- it will go over the heads of the
knuckledraggers. You need to use a sports analogy. Imagine
professional sports without officiating. (How about "Road Warrior
TDF".) That's what business would be like without regulation.

OK- now I expect to see some low budget versions of "Road Warrior TDF"
on YouTube:
"My life fades, the vision dims. All that remains are memories. I
remember a time of chaos, ruined dreams, this wasted land. But most
of all, I remember the Road Warrior, the man we called... LANCE."

-Paul

On Oct 16, 7:34*am, Fred Fredburger
wrote:
Kurgan Gringioni wrote:
On Oct 15, 5:18 pm, "Paul G." wrote:

snip

*It's all about balance.

snip

Dumbass -

Yep.

Too little regulation and you've got anarchy (see Africa). Too much
regulation and you've got socialism (see the former Soviet Union).

Dude,

Pragmatism makes for lousy sound bites. If it doesn't fit into a sound
bite, then the people who will understand it are, by definition,
intellectuals. If you are attempting to engage the intellectuals while
leaving the rest of America behind, then you are an elitist.

Learn more in my new book: "Wingnuttery for Dummies!"

Hi Fred,

I'll admit that I am uncertain if government, in general terms, should
or should not exist. (Being uncertain in this case implies I am open-
minded.) I know that authoritarian government does exist, regardless
of theoretical arguments for or against it. I know that the fact of
existence causes one to inquire as to why, and ask the questions to
how the various structures of power work, their various benefits and
deficits. I also know that some sort of social order will develop in
any given society/population, with or without the formal authority
order of a government.

However, your response to superficial Hank, suggests that there is
some kind of third way compromise between government and none, and
that this compromise is somehow reasonable or perhaps necessary. Or
maybe the suggestion is that there is a third way between the natural
social order of capitalism (not crony capitalism) and socialism. I
don't know what, with any precision, what the middle road is, cuz as
usual, superficial Hank substitutes the quick sentence for any
substance and detail.

Again, I can admit to not knowing what sort, and how much government
should exist, but would you call Peter Leeson's )(for example)
studies, including that on Somalia (Africa) a "sound-bite?" While I'm
not entirely sure what to make of the work, I would not call it a
sound-bite, nor would I call it trivial or superficial. Personally, I
think it is at least interesting. (BTW, I cannot see any direction
for what we call the USA to take to arrive at some sort of ordered and
peaceful anarchy, and so I am not suggesting what "citizens of the USA
ought to strive for," or even what is forseeably possible. My
interest is academic, for the time being.)

IOW, I would re-label the so-called "pragmatism" to "superficiality."
Ironically, I would call this so-called pragmatism a sound-bite,
because it is simply an appeal to "now I don't have to bother figuring
this **** out."

_Anarchy Unbound, or: Why Self-Governance Works Better than You
Think_, by Peter Leeson

"No sane person believes that anarchy generates order. The idea that
anarchy could be superior to government in some cases seems even more
absurd. ...

Ironically, the case for anarchy derives its strength from empirical
evidence, not theory."

http://www.cato-unbound.org/2007/08/...han-you-think/