This has officially disillusioned me politics. Nothing says conspiracy like this

Part of me wishes it would all get worse much faster. That way, we can get the revolution over and done with. All we have to do is follow the constitution.

the usa is either going to have to face a long recession, or have its government go bankrupt.

hehe, the funny thing is when it comes time to pay that stuff back by raising taxes all the rich people will flee the country forcing America to inflate its way out of debt.

Enjoy your funny money.

Capitalism is over. Aristocracy is the now.

>>2456604
poor is such a relative statement

I, for one, blame the lower class.

This is it. I'm done. Fuck you, America. Fuck you. I'm calling my brother who is closely involved with a SWAT team, I am going to show him this and after he agrees with me, he is going to help me get my hands on a sniper rifle. I am going to modify that rifle to suit my needs, and then, I am going to find the names of the 5 most important individuals within the 500 companies that benefit most from this plan. I am going to sell my home and use the money to buy a van to cross the country with, as well as keep myself supplied for my mission. And I am going to hunt those 2,500 people down, and I am going to kill them. And if by some miracle I'm not caught or dead by the time I'm finished with them, I am going to keep going and kill rich people who fuck over the poor until I have run completely out of money and ammunition. And when that happens, I will probably kill myself. And no matter what happens, I will have absolutely no regrets.

peter schiff is actually very smart and has now had great social success.

PBS did a story on the 'Peter Schiff was Right' youtube clip, the one that's almost got 1mill views. Hes also getting tons of mainstream news showings because he's the 'he was right' pundit guy.

give yourself 30 minutes of him talking and you might see things differently. skip the OP vid tho. just go for him on reg news channels. he's great. also got a top selling book now obviously due to the financial woes.

my understanding is we will never be poor, barring some catastrophe. our economic output percapita is still greater and more interconnected than any other country. our growth rate however is not on par, thus us being seceded in the future.

>>2456730
Fuck yeah. Go do it for us non-rich folks.

I agree this is a big mistake but bear in mind this is an investment not a purchase. If you actually want to make a difference leave your retarded conspiracy theories and revolutions in your high school rucksack with your greenday CD.

>>2456738
do it until you are the richest whitest man left. then an hero. fade to black. fucking BRUTAL

as long as people can stay fed and drunk we'll be fine. people didn't have xbox in the 20s

>>2456743
This is not a conspiracy, conspiracies require an attempt to disguise what the conspirators are doing. This is just the rich faggots in control of American government doing *one* last thing to fuck over the public and ensure their own personal success before Obama comes in and at least *tries* to fix things, which might actually result in said rich faggots losing a little money.

At least, that's what I hope it is. I have little faith in humanity left but I hope and I pray every night that there could be such an astronomical failure of our political systems that people so *stupid* as to genuinely, honestly think this is a GOOD idea for America could be put into office.

Oh, and please note, this is not an "bawww im not rich i hate rich people" thing, I only hate the rich people who maintain their own wealth by manipulating the government and fucking other people over.

>>2456743

why would you wish to invest so heavily in a failed business? if you can't hold your job, you should get a new one, not have the government pay you to be worthless.

>>2456646

when the opportunity to fix every fault of the political system that has led to the current crises emerges, (ie. in your proposed revolution) why would you tie yourself religiously to the very document responsible for the political system at fault?

it'd be like building a house, but forgetting the foundations, then demolishing said house but using the exact same blueprint to rebuild it.

comprende?

Was that video about the US economy or about Ron Paul?

ololol

I, for one, welcome our new soon to be totalitarian society. Just letting people run amok doing their own thing and consuming everything without regard for the future seems like a recipe for failure. Eugenics FTW.

"Socialism is the same as Communism, only better English."
- George Bernard Shaw

>>2456730
>>2456738
>>2456752
If you're going to punish those responsible it would help to actually know who was responsible.

These companies lost money when they bought collateralized mortgage agreements, they believed they were legitimate because the government promised to regulate them, it was also the government sponsored enterprises Freddie Mac and Fannie May that collateralized them in the first place. You're a tool if you think "OMG CAPITALISM IS EVIL, REVOLUTION TIEM LULZ K".

I actually don't have a problem with you shooting the people stupid enough to trust the government, but, just throwing it out there, you obviously have a lot in common with them.

>>2456778

welllll the problem with the constitution is just that nobody wants to follow it. personally, i can't even remember being taught it or anything much about it in school.

any stable system has to include at its base a populace with a sense of duty, principles, heritage, stuff like that. the stuff that makes them freak the fuck out when their rules are broken even in the slightest. the kind of vigilance that allows no tumbling slip ups one on top of the other into shit like trillion $ bailouts you get today.

i oppose revolution for the sole concern of 'who takes power' afterwords (and of course, what do they do with it). the constitution worked because 12 however many colonies came together by their own will, thought it best to join the union, and pledged to abide by the rules. its just a renewal of vows which is needed, and in many ways that is happening to certain degrees.. things get 'too liberal', society looks in disgust and says we must go 'back to our roots'.

thats the story of societal change, its been going on since forever. its not the worst but obviously not the best.

>>2456819
actually no. 3/4 of all sub-prime loans were made by companies that were completely unregulated, and no attempt, not even that lame one that you guys like to bring up, was made to regulate them.

There are still sub-prime lenders that make spectacular profits by, you know, adhering to CRA policies of meeting the needs of lower income people "while adhering to sound banking policies."

Deregulation caused it. Q.E.D.

>>2456819
I don't trust the government! And I don't hate capitalism. I kind of prefer socialism, but it's not worth starting a revolution over. I'm generally violence. If you have someone better to shoot than the people who benefit the most, you go ahead and name them. Honestly, I'm curious. I really wish there was a figurehead here, though. Wouldn't even need to call my brother -- who's still pissed at me for trying to get him to give me a flashbang to use on my neighbor's dog -- for the sniper, I could just run over them with a car or something.

I've heard bubbles just happen, even in regulated experimental economies. Can't we just let what has to fail fail and get on with it?

>>2456854
I meant to say, "I'm generally against violence." Sometimes I forget to read my own posts.

>>2456789

I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country.

-Thomas Jefferson

or

"Dynastic wealth, the enemy of a meritocracy, is on the rise. Equality of opportunity has been on the decline. A progressive and meaningful estate tax is needed to curb the movement of a democracy toward plutocracy."

-Warren Buffet speaking to the US Senate Finance Committee, November 14,2007

hell I just stole these off wiki quotes.

>>2456837

the banking industry is a comparatively minor point.

at hand here is us owing like 6 trillion to the world. its an issue when so many of our jobs deal with passing money around rather than making something valuable and sending it out.

>>2456890
we wanted to become bankers to the world, and now we owe the world our banks. lol

itt: stupid people

now chart them as a proportion of gdp.

spoiler: the 2008 expenditure probably won't be remarkable. DAH the economy has grown quite a lot

you would've saved me 10 minutes if you posted a 5 second clip of yourself giving ronnie there a beej.

That pie chart is incredibly stupid.

Does anyone know if all of the data was adjusted according to the value of the USD by today's standards?

>>2456819
i've been homeless more than once in the last 3 years and the only time i ever have more than 400 bucks is right before rent is due. i also have no credit and no debt. i also haven't paid taxes in a while, but it was hard to pay taxes while homeless. my point is i doubt i have much in common with those guys. i just wanted to see a brutal killing spree to be honest.

>>2456972
What are you talking about? A dollar is a dollar is a dollar.

>>2456972
are a troll or just retarded? it says "adjusted for inflation" right there the fuck on top of it

>>2456604
Wow, this is close to the amount of physical money in circulation.

I stopped the video after I saw the name "Ron Paul".

It's safe to assume everything that followed was bullshit, and whoever believes it are retards.

>>2457036
these type of people are so closed-minded. they will never ever accept any other people's statement that is different from them.

this is why america is fucking scary i really want to slap the shit out of most of these people.

>>2457036
yeah, because our mainstream politicians have ben doing a damn good job.

Okay, hold up: Where the fuck is OP's image getting a cost of 4.6 TRILLION for the bailout? My understanding was that it was "only" 700 Billion?

>>2457148
Seconded.

unoriginal content

>>2457202
looks like it was inflated for adjustment

>>2457155

How nice of you to assume that if I think Ron Paul and his followers are morons I must be affiliated with a major candidate.

The Austrian School is fucking stupid, and Ron Paul is fucking stupid for believing in it.

>>2457218
They don't say "1900 dollars" or "2000 dollars" or anything, though; for all we know they could be pulling those numbers out of their asses.

>>2456743

isn't it like the worst investment in the history of the world though?

>>2457148

Of course someone as base as you would resort to violence.

>>2457243
I spent almost $3 million on magic beans.

>>2457227
Generally, I don't get that much close-mindedness from followers of philosophies equally rejected from the masses.

What's your viewpoint anyway?

inb4 Idealists vs. Trolls

o wait

Anyone know the name of the music used in this video?

It just pisses me off that if we didn't fuck up so much many of us could retire in our 40's and never have to work again.

The thing that makes me sad is seeing the NASA all time budget vs the bailout. Damn, we could fucking be all across the galaxy by now if we spent that much on space science. At least we could have bases on mars, moon, other planets.

Why are politicians so fucking stupid? Srsly?

>>2457607
They're elected by the majority of people, who also happen to be fucking stupid.

>>2457618
yea but they always say one thing and do another. they all do it all the time.

the constitution says pretty clearly what they can't do, yet they do it anyway.

I say we should have rule by the military.

>>2456604
wow chart, and this is with inflation adjustment :-|

>>2457227

Is being the only person in the U.S. government to successfully predict the current recession from 6 years back stupid?

I'd sure like to stupid, then.

>>2457202
moar like 8 trillion, amirite?

yea, i'm right. $700 billion was nothing compared to what they're actually doing without publicizing it.

>>2457696
I wonder all the time why this board hates Ron Paul so relentlesly. Like saying that someone likes him or is a libertarian is equal to calling someone a retard.
I gues that if people can retort his arguments, they call that person stupid...

>>2457737
can't retort

>The American would have the job of eating.

Sounds about right. Enjoy your meal, America.

>>2457737
Ron Paul was right about a number of things, but they do not include the economy. His idea of going back to the gold standard just isn't - and wouldn't have worked. Even if he was elected, there'd still have been the bailout. [Actually, no matter who was elected there'd have been a bailout.] But his economic policies would've killed America faster than it's already dying right now.

>>2457696

You're a complete idiot. Ron Paul didn't predict shit. He ranted like a moonbat about von Mises and claimed that the Fed caused business cycles,
AND NOW
his dumb-dumb supporters are claiming that he correctly predicted the widespread failure of traded risk.

I'll make a "prediction" like that right now. In the next six years, two major American companies will fall. Also, new technologies will change the way we live life.
OMG IM THE NEW NOSTDRONPAULUS

Fuck this shit; I'm moving to Hong Kong.

sauce on music in the video?

The standard saves from a unlimited expansion of credit - by preventing creation of money by inflating it or bank accounting (legal). This would have limited the capacity of the banks to give credit.

Besides, The HUD made the banks to give more loans to people not worthy to it. It forced upon it under the vague acusation of discrimination as far as i know

Poor with be "dead" in the future. Most people don't know how to grow food, much less where their own already comes from.

The American money supply is controlled by the Fed. Our government has to ASK for money. RP talks about privatizing it all time. How's that for boom and bust?
http://www.youtube.com/watch?v=mIIAvdJvCes

Our economy is based on consumerism. Americans consume FIVE TIMES the average human. There's no inkling of sustainability in our culture. It's about to crash, for real.

>>2456604 Thanks for the link. You'd probably like this too. http://www.chrismartenson.com/crashcourse

>>2457696
You do realize that Ron Paul constantly predicts recessions? He's been predicting recessions since the 70s.

>>2456837
Of course they deregulated it, if it were actually regulated this would never have happened. The state acted as the middle man/woman between the banks Freddie Mac and Fannie Mae employed to collateralise debt and the investors who paid for it, basically giving the pyramid scheme the state seal of approval. They were supposed to oversee this sort of thing, but obviously somewhere along the line since the early 70s they stopped caring. It was bound to happen eventually, without greed there was little incentive for them to do more than fulfil some abstract state guidelines.
>>2456854
Well you'd still have to kill a very large number of people and the only way to get at the heart of the problem is to go back in time and kill Milton Keynes. That said if I had to choose, off the top of my head I'd choose Franklin Raines.
>>2456987
>i also have no credit and no debt. i also haven't paid taxes in a while
Well you have more in common than you might think.

>>2457873
Enjoy your shitty authoritarian government in 40 years.

>>2457856
So you basicly said that he was right

>>2457889 Did I say Milton Keynes? I meant John Maynard Keynes.

>>2457823
Ron Paul is worse than Bush. He's just a secular Dubya.

Whereas Dubya shits all over the Constitution and claims that Jesus made him do it, Ron Paul shits all over the Constitution and claims that the Constitution loves it. Let me make one thing clear: the US Constitution is NOT into shit sex.

Ron Paul's christfag "We the People" Act is the biggest load of bullshit that Dr. Fuckup ever poured onto the founding documents. By denying the right of same-sex cases and religious oppression cases to appeal to Federal courts, Ron Paul is trying to deny
(1) the right to equal protection, and
(2) the right to petition the government
from fagfags and atheistfags. This is a direct contradiction of the US Constitution due to the above rights, and therefore Ron Paul's proposed bill is unconstitutional.

Next up: the gold standard.

>>2457901

Ron Paul is right in the same sense that a broken clock is right twice a day, sure.

>>2457901
If Ron Paul was right, then so were the socialists who "predicted" this crisis. Every Marxist has been predicting a crisis in capitalism for, oh, 150 years or so.

Devout libertarians are no better than devout socialists, anarchists, fascists, environmentalists, or nihilists.

>>2457918
We have a winner!

I "predict" that butthurt Paultards will invade this thread and ruin everything with their retarded orthodoxy.

I regret not voting for Ron Paul now. Not that it would've made a difference, but I thought he was a nutcase and our economy would be fine. I guess I was wrong.

Time to move out of the country now. I want to be established elsewhere before the economy gets much worse.

Ron Paul is a hero.

If you own gold right now you're doing pretty good. Just about every govt in the world is devaluing their currency.

But libertarians ask for unrestricted money, ie there is no 'legal tender' within a land, people instead use whatever they find to be convenient to trade with. Physical currency means govts can't just print whenever they like (Bernanke is talking about 'monetising debt' right now).

But what makes Ron Paul a hero is that he is honest and he sticks to his principles. He has real integrity .

>>2457856
You're an idiot and should really cease posting misinformation on the internet. Ron Paul and MANY OTHERS predicted this would happen. No, your analogy is retarded and doesn't make any sense. Ron Paul never said a few companies will go bankrupt. He predicted a lot fucking more than that.

Good going, retard. I hope you don't lose your job... oh wait...

>>2457962
>>Ron Paul should an hero
fix'd

anyone who thinks that gay people are equals before the law should hate Ron Paul because of his anti-constitutional we the people act.

Ron Paul doesn't think that the federal government should give gay people court rights, much less marriage rights.

>>2457981
No he doesn't. Ron Paul would leave it up to the states as the Federal Government should have no say in who can get married.

>>2457971
My analogy makes perfect sense, thank you.

Here's a better analogy: economists are like meteorologists. They look at long term trends, short term trends, and natural laws in order to make rough predictions.

For the past twenty years, Ron Paul has consistently predicted "Hurricaine". He was wrong when it was sunny and he was wrong when there was a drought. Now there's an actual hurricaine, and you're claiming that the guy has the skill of prophesy.

Bullshit. A broken clock, yadda yadda.

>>2457981
we the people makes the federal govt less powerful, giving the individual states more authority over their citizens. it is possible that some states would go against gays, but those gays can easily move to another state. if one state seriously went against US values, (anti-gay laws probably qualify) then they would face backlash from the rest of the US and inevitably have to change.

>>2457986

Ron Paul wants gay people to have no right to petition in federal courts. That goes beyond "leaving it up to the states". That makes gay people second-class citizens.

Ron Paul also wants fed. courts to ignore atheists being crushed by religious loons. Why? Because Ron Paul thinks that atheists are second-class citizens.

>85,000 out of 91,000 phone calls and emails oppose the bailout
>I BELIEVE THE ONLY ANSWER IS YES!

Wow, of course politicians everywhere are fucking dumb, but you Americans have the worst fucking representatives on Earth. I don't know who is more retarded, your representatives or the retards who vote them in.

You idiots need more than a slap on the wrist. Your spoiled fucking brat country needs to get a good whipping. Then maybe you'll learn your fucking lesson. I don't give a fuck if you take us all down with you, I actually live in a country that produces and not just consumes. We'll get back up eventually.

But you have to learn your fucking lesson. And I want to watch it.

>>2458011
Did states have the right to impose Jim Crow laws?

>>it is possible that some states would go against blacks, but those blacks can easily move to another state. if one state seriously went against US values, (anti-black laws probably qualify) then they would face backlash from the rest of the US and inevitably have to change.

Interesting those of us from euroland barely saw anything about this 'Ron paul'. Frankly we wouldnt know if he existed if it wasnt for 4chan/internet.

Btw:
Enjoy sucking chinese/arab/russian cock for years, we eurofags will sit back and enjoy the show while we anex, modernise and enslave eastern europe.

>>2458037
Enjoy being colonized by middle easterners before you complete that task.

>>2458020
You should find some way to boost your self-worth OTHER THAN geopolitics.

Take up a hobby. Join a community group. Exercise more.

There's nothing more pathetic than individuals nursing grudges against massive, immaterial forces, i.e. religion, the US, capitalism.

>>2456730
>I am going to sell my home and use the money to buy a van

HAHAHAHHAHAHHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHH
AHAHHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHAHAHAHHAHAHHAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHHAHA
HAHAHHAHAHHAHAHAHAHAHAHAHAHAHA

You guys should take back your country.
That is what you should do.

Prove John right! Prove him right damn it!


But seriously, you should rebuild America, bigger, better and more awesome.

>>2458051
Yes, because all I do is post about the US economy all day from my parents' basement...

I actually have a job, hobbies and interests outside of geopolitics, and I'm generally a productive member of society.

Looks like someone is really upset that their country is going to shit and there's nothing they can do about it. It's okay buddy, within a decade your economy will be bouncing back with a vengeance.

>>2458084
>But seriously, you should rebuild America, bigger, better and more awesome.

Sounds like a good idea, but I need to borrow some money first...

>>2458094
FUCK money, you don't need money to rebuild society.

All you need is people worthy to the cause, and there are plenty of those people spare.

>>2458111
>All you need is people worthy to the cause, and there are plenty of those people spare.

Uh oh, here we go....

>>2458137
Might seem harsh, but desperate times call for desperate measures.

You can get entire towns interested in growing farms quite easily if you can show them the benefits of it. (saving money mainly)
Its been happening in the UK the past year after the shitstorm of news on how badly animals were treated in those mass-farms.

>>2458026
I wouldn't personally favour racial segregation, but presumably if those laws got in then they would have the support of the citizens of that state. If that's the case then there's not much point having the federal govt coming in and telling them they can't do that.

Most people barely even know anything about the Fed.

The funny thing is, you see this recession panic all over mainstream media new channels, which is more or less directly controlled by the government, why would they continually proclaim thier own failure and herald an econimic breakdown?
Something isnt right.

I have a serious legitimate question to pose to all of you.

Is it worth converting my savings into a more valuable foreign monetary system? Or is that just stupid because it just takes more dollars to buy the same thing?

I don't know much about the economy, but I can see the price of things going up. And it's happening. So... should I change my money out? Can I make money by doing this? Or do I just change out 1 dollar for let's say 100 pesos and then I change those peso's back into dollars a while later and it's worth 1.20 dollars, but then the price of things has increased to 1.50 dollars.... Though I'm still better off... I think I just answered my own question.

>>2458324
You should convert it into something that will either be the same resale price, or dearer as time goes by.

Oil would be a good one, but that is pretty costly as it is now.
But oil could probably be beaten by something else as it becomes rarer.
Depends on what risks you want to take.

Get this Austrian school Ron Paul bullshit out of my /r9k/. Fuck.

>>2458365

Alright, thank you :)

I'd love to talk more about it, but I have to go.

The underlying theme here is, WE ARE ALL FUCKED

You all know this, you know the economy cannot last in it's present state, you know it's all downhill from here and you know the government, despite pulling excuses and promises out thier ass, don't know what they're doing anymore.

Who gives a fuck if Ron Paul was right about the economy HE HATES GAYS

>>2458459
Who gives a fuck, faggot? Even if HE doesn't like fags, the policies he'd implement wouldn't give him the power to do anything about it.

>>2458374
Who said anything about Ron Paul? What ever happened to common sense? For centuries banks have looked into loans before dishing them out until now, and the state is to blame.

uh. the 2008 bailout isn't even 1 trillion. might want to adjust your red circle there.

we all need to start growing our own food in our backyards.