US Compared to 18th Century France

[Dad2three]

Well, seeing that Marxism has alwyas led to serfdom, China and USSR for example, and seeing that Progressives and Neocons have put us on the "Road to Serfdom" with their Big Government, is it any wonder that we are sliding into a Big Gov Police State (NDAA and NSA ring a bell???) ?

And you really want to limit our ability to fight the tyrants when the time comes?

Also, bear in mind that so long as Trial By Jury remains intact, the People have no one , other then themselves, to blame for tyranny. Only the People can convict and destroy their fellow peers.

Thus, you cannot exercise your 2nd Amendment rights unless the Right to Trial by Jury has been abrogated (things like mass genocide and/or herding people into concentration already assume that Trial by Jury/due process is not being administered).

If you really think the People are justified to take up arms at any time they feel, then your a Lawless Liberal, who endorses Mob-ocracy.

Yeah, it was " Progressives" who crashed the world wide economy *shaking head*


Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


http://www.tobinproject.org/sites/tobinproject.org/files/assets/Fligstein_Catalyst of Disaster_0.pdf



WORLD WIDE BANKSTER CREDIT BUBBLE

Bubbles cant exist in 100% fractional reserve banking system (no reserve banking) based on commodities (gold, silver, plat, etc).

It's Progressives that champion fiat currency, and it's fiat currencies (that are guaranteed to fail, as history has proven 100% of the time) that lead to bubbles.

Yes, Progressives caused it.

BZZZZZ


Category:Economic disasters in the United States

Banking panics in the United States

1792
1796–97
1819
1825
1837
1847
1857
1866
1873
1884
1890 (Baring crisis)
1893
1896
1901
1907
1910-11
1929
2007-08

Category:Economic disasters in the United States - Wikipedia, the free encyclopedia



The Panic of 1826 was a financial crisis built upon fraudulent financial practices from the management of various firms. The height of the panic occurred during July 1826 when six of the sixty-seven companies publicly traded on the New York Stock Exchange abruptly failed. Within the coming months, twelve more NYSE firms would also fail.


Panic of 1826 - Wikipedia, the free encyclopedia


The Panic of 1857 was a financial panic in the United States caused by the declining international economy and over-expansion of the domestic economy. Because of the interconnectedness of the world economy by the time of the 1850s, the financial crisis that began in late 1857 was the first world-wide economic crisis

Panic of 1857 - Wikipedia, the free encyclopedia





Tulipmania (1634-1638)

Perhaps the most famous example of a speculative bubble is the "tulipmania" that struck 17th century Holland. Known for their passionate love of flowers, the Dutch highly prized the tulip upon its introduction to Western Europe in the mid-16th century.


FAMOUS BUBBLES

Historical Perspectives - Famous Bubbles | Dot Con | FRONTLINE | PBS

 

[Kimura]

Well, seeing that Marxism has alwyas led to serfdom, China and USSR for example, and seeing that Progressives and Neocons have put us on the "Road to Serfdom" with their Big Government, is it any wonder that we are sliding into a Big Gov Police State (NDAA and NSA ring a bell???) ?

And you really want to limit our ability to fight the tyrants when the time comes?

Also, bear in mind that so long as Trial By Jury remains intact, the People have no one , other then themselves, to blame for tyranny. Only the People can convict and destroy their fellow peers.

Thus, you cannot exercise your 2nd Amendment rights unless the Right to Trial by Jury has been abrogated (things like mass genocide and/or herding people into concentration already assume that Trial by Jury/due process is not being administered).

If you really think the People are justified to take up arms at any time they feel, then your a Lawless Liberal, who endorses Mob-ocracy.

Yeah, it was " Progressives" who crashed the world wide economy *shaking head*


Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


http://www.tobinproject.org/sites/tobinproject.org/files/assets/Fligstein_Catalyst of Disaster_0.pdf



WORLD WIDE BANKSTER CREDIT BUBBLE

Bubbles cant exist in 100% fractional reserve banking system (no reserve banking) based on commodities (gold, silver, plat, etc).

It's Progressives that champion fiat currency, and it's fiat currencies (that are guaranteed to fail, as history has proven 100% of the time) that lead to bubbles.

Yes, Progressives caused it.

Fiat currency has a far better track record than the gold standard/convertible f/x. It offers a much broader and superior monetary and fiscal toolbox. We need to look no further than the 19th century and early 20th century when we had banking panics every decade. They were followed up by deep recessions and depressions.

By the way, on a side note, banks don't lend out reserves. The money multiplier is pretty much a defunct idea.

 

[Shanty]

Well, you can start by thanking Obama for printing $58 billion dollars monthly then dumping it into an economy that has zero conduit for creating jobs.

You effectively dodged the issue.

 

[Shanty]

Yeah, it was " Progressives" who crashed the world wide economy *shaking head*


Regulators and policymakers enabled this process at virtually every turn. Part of the reason they failed to understand the housing bubble was willful ignorance: they bought into the argument that the market would equilibrate itself. In particular, financial actors and regulatory officials both believed that secondary and tertiary markets could effectively control risk through pricing.


http://www.tobinproject.org/sites/tobinproject.org/files/assets/Fligstein_Catalyst of Disaster_0.pdf



WORLD WIDE BANKSTER CREDIT BUBBLE

Bubbles cant exist in 100% fractional reserve banking system (no reserve banking) based on commodities (gold, silver, plat, etc).

It's Progressives that champion fiat currency, and it's fiat currencies (that are guaranteed to fail, as history has proven 100% of the time) that lead to bubbles.

Yes, Progressives caused it.

Fiat currency has a far better track record than the gold standard/convertible f/x. It offers a much broader and superior monetary and fiscal toolbox. We need to look no further than the 19th century and early 20th century when we had banking panics every decade. They were followed up by deep recessions and depressions.

By the way, on a side note, banks don't lend out reserves. The money multiplier is pretty much a defunct idea.

Well said. The best economies have seen high taxation on the wealthy, strong safety nets, good regulatory oversight over banking/finance sectors and stock markets, and fiat currency.

 

[shart_attack]

Knows it! He's counting on it. he needs Jew hating to help his brotherhood of muslims.

In the same thread Obama's accused of being a muslim, and then a jeremiah wright christian. You guys ought to get together and come up with what religious persuasion Obama's is or some will think, correctly, that you don't know what the hell you're talking about.

good p;oint. People like [MENTION=33658]Katzndogz[/MENTION] are splitting hairs to score cheap political points (in their minds ) when all of monotheism is a sham. (Monotheism= Judaism, Islam, & Christianity) that has been used to keep people. ESPECIALLY WOMEN, down. Look at the current Catholic SCOTUS.

I could answer this with a long tirade, but the sad truth is that you're just not worth it.

I don't give a shit what you think about:

• The SCOTUS;
• The rights of women in a country where they are given more freedoms than anywhere else in the free, let alone the entire—including places like Syria and Iran, where just being born a woman means one has to keep a burka over her head from birth to death—world;
• religion in general, but particularly Judeo-Christianity.

Take your soapbox, and pass it along to your pud-biting buddy or whomever else sympathizes with your pathetically limp worldview.

My post was about one thing, and one thing ONLY, dumbass:

WE ARE SEEING POST-WWI GERMAN HISTORY REPEAT ITSELF, THIS TIME IN THE UNITED STATES.

And it's obvious that the morons like you are precisely the reason why.

 

[Mr. H.]

Well, you can start by thanking Obama for printing $58 billion dollars monthly then dumping it into an economy that has zero conduit for creating jobs.

You effectively dodged the issue.

 

[Missourian]

I own a pitchfork, and I'm doing just fine.

The people whining and complaining neither own a pitchfork, nor would know what to do with it if they did.

 

[EdwardBaiamonte]

.
​

Memo From A Rich Guy: "The Pitchforks Are Coming… For Us Plutocrats"​

the-pitchforks-are-coming-for-us-plutocrats

Memo: From Nick Hanauer
To: My Fellow Zillionaires


<snip>


I see pitchforks.


At the same time that people like you and me are thriving beyond the dreams of any plutocrats in history, the rest of the country—the 99.99 percent—is lagging far behind. The divide between the haves and have-nots is getting worse really, really fast. In 1980, the top 1 percent controlled about 8 percent of U.S. national income. The bottom 50 percent shared about 18 percent. Today the top 1 percent share about 20 percent; the bottom 50 percent, just 12 percent.


But the problem isn’t that we have inequality. Some inequality is intrinsic to any high-functioning capitalist economy. The problem is that inequality is at historically high levels and getting worse every day. Our country is rapidly becoming less a capitalist society and more a feudal society. Unless our policies change dramatically, the middle class will disappear, and we will be back to late 18th-century France. Before the revolution.


And so I have a message for my fellow filthy rich, for all of us who live in our gated bubble worlds: Wake up, people. It won’t last.
If we don’t do something to fix the glaring inequities in this economy, the pitchforks are going to come for us. No society can sustain this kind of rising inequality. In fact, there is no example in human history where wealth accumulated like this and the pitchforks didn’t eventually come out. You show me a highly unequal society, and I will show you a police state. Or an uprising. There are no counterexamples. None. It’s not if, it’s when.
.

of course we know what causes inequality:

1) liberal destruction of American Family creating poverty
2) liberal destruction of our schools creating kids not fit for middle class
3) liberal unions that drove 30 million jobs off shore
4) liberal taxes that drive our corps off shore
5) liberal immigration policies that invited 20 million in to take what jobs were left!!

 

[EdwardBaiamonte]

Bubbles cant exist in 100% fractional reserve banking system (no reserve banking) based on commodities (gold, silver, plat, etc).

It's Progressives that champion fiat currency, and it's fiat currencies (that are guaranteed to fail, as history has proven 100% of the time) that lead to bubbles.

Yes, Progressives caused it.

Fiat currency has a far better track record than the gold standard/convertible f/x. It offers a much broader and superior monetary and fiscal toolbox. We need to look no further than the 19th century and early 20th century when we had banking panics every decade. They were followed up by deep recessions and depressions.

By the way, on a side note, banks don't lend out reserves. The money multiplier is pretty much a defunct idea.

Well said. The best economies have seen high taxation on the wealthy, strong safety nets, good regulatory oversight over banking/finance sectors and stock markets, and fiat currency.

actually the US economy was the best in human history because it featured fewer of those things than all other economies that performed worse than ours!