January 24th, 2008 by
..byxbee
Current Political Philosophies’ Errors to Result in Political and Economic Crisis
Congressional Record - U.S. House of Representatives
Ron Paul speaking September 20, 1984
The strict limitation of government power imposed by the Constitution must be respected. We must accept the principle that government’s function is not to regulate the economy, protect us from ourselves, arbitarily attempt to make us better people, or police the world by interfering in the internal affairs of other nations. Its proper function in a free society is to protect liberty and provide for common defense.
http://www.mises.org/books/prosperity.pdf
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January 19th, 2008 by
..byxbee
Gold is nobody’s liability
..Don Coxe 18jan2008
and other comments…
agricultural - food and equipment manufactures that can directly contribute to increased production have been under-capitalized, but will be essential as food production becomes a bigger global issue
precious metals - gold in particular - the decline in Tiffany’s purchases will not impact the price of gold in any significant way, so don’t bet on the price of gold going down as a result.
crude processors - need is not going away
most rich people are now Democrats - financial industry
banks and financial institutions have never been heavily (equitably) taxes like manufacturing and energy companies
perhaps as soon as mid summer 2008 - small companies, Russel 2000 - benefit from weaker dollar, competitive in a recession recovery as they are not loaded with “birthday party” debt
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January 17th, 2008 by
..byxbee
reprint of a email passed along to Ron Paul Meet-Up members
IndependentPrimary.com was supportive of Paul when he was barred from the NH Fox Forum/Debate earlier in the month. They advocate for fair, open debates for democrats & republicans.
Date: Wed, 16 Jan 2008 22:43:48 -0500
From: contact@independentvoice.org
It just goes to show you can never count on a corrupt political process.
Fifteen minutes before the NBC Las Vegas debate, the Nevada Supreme Court granted NBC’s “emergency” appeal and barred Dennis Kucinich from the televised debate.
The court held that the “first amendment rights” of a “corporate media outlet” trumped the right of the American people to an open debate process.
What this ruling effectively says is that private, unelected media corporations can decide who can and cannot appear in an officially sanctioned presidential debate.
This ruling is an extremely dangerous precedent.
This is why we initiated IndependentPrimary.Com — to fight to protect and expand small “d” democracy for us little “g” guys and gals.
We have an incredible opportunity to do something about this. The 2008 presidential election has an unprecedented level of competition. Everyone wants the independent vote. They know that our vote, in alliance with independent-minded Democrats or Republicans, is a winning combination.
I am reminded of John Hussman’s comment that fighting within academic is so fierce because the stakes are so low. The shenanigans outlined above are just one more example, that the US political system has gone the way of academia - these guys are fighting over something that doesn’t really matter. The US is going to hell in a hand basket. Those of us who don’t see that there is anything to choose between the republicrates or the demicans are getting pretty annoyed without having a REAL choice. These guys are so not getting it. They’ll be sorry…
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January 16th, 2008 by
..byxbee
Quote from Bill Gross - emphasis is mine
Market based, regulation-lite American style capitalism, seemingly so ascendant after the dot.com madness nearly a decade ago, has met its match with the subprimes and the poorly structured and supervised derivative conduits of today’s markets. Financial innovation will inevitably march forward, if not in distinctly new forms, then into new asset markets and even unexplored continents. For now, however, its current surge is spent. Investment survivors will have to learn to live in a different world, filled with new risks, lower leverage, and at some point, hopefully greater rewards.
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