did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Video61
Date: Feb 11, 2008 19:37

On Feb 11, 8:20 pm, "Marcello" nospam.com> wrote:
> tcq.net> wrote in message
>
> news:802871e7-1e1c-4abd-b76d-556271d05229@c23g2000hsa.googlegroups.com...
>
>
>
>> no, what we have is a private sector that in almost all area's can
>> create money out of thin air. general electric does it. the
>> unregulated, outside of the government banking, and federal reserve
>> banking regulations mortgage brokers did it, big time. the stock
>> market does it, car loan companies do it. so our government allows any
>> looney tune in the private sector can issue credit, which equals
>> money.
>
> Unregulated? Are you kidding? The government does not permit competing
> currencies, how is that not regulated? In fact, this is perhaps the vest
> example of the OPPOSITE of Laizzes-faire economics.
>
> ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Marcello
Date: Feb 11, 2008 22:23

tcq.net> wrote in message
news:f975216b-3618-4b47-a17c-68608a12a9ab@e4g2000hsg.googlegroups.com...
> On Feb 11, 8:20 pm, "Marcello" nospam.com> wrote:
>> tcq.net> wrote in message
>>
>> news:802871e7-1e1c-4abd-b76d-556271d05229@c23g2000hsa.googlegroups.com...
>>
>>
>>
>>> no, what we have is a private sector that in almost all area's can
>>> create money out of thin air. general electric does it. the
>>> unregulated, outside of the government banking, and federal reserve
>>> banking regulations mortgage brokers did it, big time. the stock
>>> market does it, car loan companies do it. so our government allows any
>>> looney tune in the private sector can issue credit, which equals
>>> money.
>>
>> Unregulated? Are you kidding? The government does not permit competing
>> currencies, how is that not regulated? In fact, this is perhaps the vest
>> example of the OPPOSITE of Laizzes-faire economics. ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Jeffrey Turner
Date: Feb 12, 2008 05:47

Marcello wrote:
> tcq.net> wrote:
>
>
>>no, what we have is a private sector that in almost all area's can
>>create money out of thin air. general electric does it. the
>>unregulated, outside of the government banking, and federal reserve
>>banking regulations mortgage brokers did it, big time. the stock
>>market does it, car loan companies do it. so our government allows any
>>looney tune in the private sector can issue credit, which equals
>>money.
>
>
> Unregulated? Are you kidding? The government does not permit competing
> currencies, how is that not regulated? In fact, this is perhaps the vest
> example of the OPPOSITE of Laizzes-faire economics.

I could have sworn I just saw a story about stores in New York taking
euros. More jibbering Libertoonian nonsense mercifully snipped.

--Jeff
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Jeffrey Turner
Date: Feb 12, 2008 06:33

Marcello wrote:
> "Jeffrey Turner" localnet.com> wrote:
>>Marcello wrote:
>>>"Jeffrey Turner" localnet.com> wrote:
>>>>Marcello wrote:
>>>>>yahoo.com> wrote:
>>>>>>On Feb 9, 11:15 pm, Michael Price yahoo.com> wrote:
>>>>>>
>>>>>>
>>>>>>>> So when we discuss "government," we need to recognize what kind of
>>>>>>>>government we are talking about.
>>>>>>>
>>>>>>>The kind that looks after itself and then gets guys like you to
>>>>>>>blame others when it goes wrong. In other words the usual kind.
>>>>>>
>>>>>>It's the libertarians that got it wrong. If the libertarians have
>>>>>>their way and get rid of the government (non-elitist type), what
>>>>>
>>>>>You seem to be under the false assumption that Libertarians wanting
>>>>>small limited government equates to not wanting a judicial system. Al ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Marcello
Date: Feb 12, 2008 19:07

"Jeffrey Turner" localnet.com> wrote in message
news:13r3bhhmjonq2f6@corp.supernews.com...
> Marcello wrote:
>> "Jeffrey Turner" localnet.com> wrote:
>>>Marcello wrote:
>>>>"Jeffrey Turner" localnet.com> wrote:
>>>>>Marcello wrote:
>>>>>>yahoo.com> wrote:
>>>>>>>On Feb 9, 11:15 pm, Michael Price yahoo.com> wrote:
>>>>>>>
>>>>>>>
>>>>>>>>> So when we discuss "government," we need to recognize what kind of
>>>>>>>>>government we are talking about.
>>>>>>>>
>>>>>>>>The kind that looks after itself and then gets guys like you to
>>>>>>>>blame others when it goes wrong. In other words the usual kind.
>>>>>>>
>>>>>>>It's the libertarians that got it wrong. If the libertarians have
>>>>>>>their way and get rid of the government (non-elitist type), what
>>>>>> ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Marcello
Date: Feb 12, 2008 19:15

"Jeffrey Turner" localnet.com> wrote in message
news:13r38rpbevcs89c@corp.supernews.com...
> Marcello wrote:
>> tcq.net> wrote:
>>
>>
>>>no, what we have is a private sector that in almost all area's can
>>>create money out of thin air. general electric does it. the
>>>unregulated, outside of the government banking, and federal reserve
>>>banking regulations mortgage brokers did it, big time. the stock
>>>market does it, car loan companies do it. so our government allows any
>>>looney tune in the private sector can issue credit, which equals
>>>money.
>>
>>
>> Unregulated? Are you kidding? The government does not permit competing
>> currencies, how is that not regulated? In fact, this is perhaps the vest
>> example of the OPPOSITE of Laizzes-faire economics.
>
> I could have sworn I just saw a story about stores in New York taking ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Video61
Date: Feb 12, 2008 20:28

On Feb 12, 7:47 am, Jeffrey Turner localnet.com> wrote:
> Marcello wrote:
>> tcq.net> wrote:
>
>>>no, what we have is a private sector that in almost all area's can
>>>create money out of thin air. general electric does it. the
>>>unregulated, outside of the government banking, and federal reserve
>>>banking regulations mortgage brokers did it, big time. the stock
>>>market does it, car loan companies do it. so our government allows any
>>>looney tune in the private sector can issue credit, which equals
>>>money.
>
>> Unregulated? Are you kidding? The government does not permit competing
>> currencies, how is that not regulated? In fact, this is perhaps the vest
>> example of the OPPOSITE of Laizzes-faire economics.
>
> I could have sworn I just saw a story about...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Marcello
Date: Feb 12, 2008 21:37

tcq.net> wrote in message
news:26431cf9-fd1e-47e4-8a28-19eae43e1860@d4g2000prg.googlegroups.com...
> On Feb 12, 7:47 am, Jeffrey Turner localnet.com> wrote:
>> Marcello wrote:
>>> tcq.net> wrote:
>>
>>>>no, what we have is a private sector that in almost all area's can
>>>>create money out of thin air. general electric does it. the
>>>>unregulated, outside of the government banking, and federal reserve
>>>>banking regulations mortgage brokers did it, big time. the stock
>>>>market does it, car loan companies do it. so our government allows any
>>>>looney tune in the private sector can issue credit, which equals
>>>>money.
>>
>>> Unregulated? Are you kidding? The government does not permit
>>> competing
>>> currencies, how is that not regulated? In fact, this is perhaps the
>>> vest
>>> example of the OPPOSITE of Laizzes-faire economics.
>> ...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: kikivan6
Date: Feb 13, 2008 02:12

On Feb 11, 6:08 pm, "Marcello" nospam.com> wrote:
>> A few hundred years ago when the total GDP was $1 million dollars, the
>> wealth was distributed according to the $1 million dollars overall
>> value. A King might get $1000 dollars in today's value. A today's poor
>> may get $2000 dollars (thus "The poor today live better lives than
>> kings from only a few hundred years ago"), but that has nothing to
>> justify the king's claim that he was entitled to all the $1 million
>> dollars a few hundred years ago. Because if he did, everybody else
>> will be starved to death. Thus the entitlement at time X is evaluated
>> based on the overall wealth at time X, not X-500 or X+500. You kept
>> committing all kinds of time frame fallacies.
>
> This is entirely based on your assumption...
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Re: did the Laissez-faire free market create the perfect storm not seen since the great depression? fear of lending, fear of borrowing, the only instances we have experienced both in modern times are the Great Depression and Japan         


Author: Jeffrey Turner
Date: Feb 13, 2008 05:11

Marcello wrote:
> "Jeffrey Turner" localnet.com> wrote:
>>Marcello wrote:
>>>tcq.net> wrote:
>>>
>>>
>>>>no, what we have is a private sector that in almost all area's can
>>>>create money out of thin air. general electric does it. the
>>>>unregulated, outside of the government banking, and federal reserve
>>>>banking regulations mortgage brokers did it, big time. the stock
>>>>market does it, car loan companies do it. so our government allows any
>>>>looney tune in the private sector can issue credit, which equals
>>>>money.
>>>
>>>Unregulated? Are you kidding? The government does not permit competing
>>>currencies, how is that not regulated? In fact, this is perhaps the vest
>>>example of the OPPOSITE of Laizzes-faire economics.
>>
>>I could have sworn I just saw a story about stores in New York taking
>>euros. More jibbering Libertoonian nonsense mercifully snipped. ...
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