Basejumper.com - archive

The "Why America Is Screwed" thread has some
good discussion but a few misunderstandings...
hence attached are some terms & quick primer.

In BASE we can properly use a tailgate or some
kinds of tape to get the exact same results, well
the same is theoretically true in economics also.

However, since the leadership changes so often
and each side is queer for their own ideas we as
a nation are constantly mixing strategies. Driving
on a particular side of the road only works if ALL
of a nation's motorists follow it.

We Tax the way Replublicans want
and Spend the way Democrats want
No wonder we are $15 Trillion in Debt!

Is there going to be an exam at the end of this thread?

Let's mix this up... you forgot to mention the New World Order and the Masons as part of the Fed!

>>And Goldman Sachs!

can you now define:
"Success?"

I'm thinking different users have different thoughts on it...

Honest question: Do you think the economy needs to be "managed"? Is that the underlying assumption in your first slide? I guess I don't understand if you're saying that is the way it "ought" to be or the way it "really is."

It seems to me that whenever someone "manages" the economy, what they are really doing is manipulating it to their advantage (and usually to the disadvantage of other people).

The first slide shows what exists currently.
I thought is was worth sharing since most
people think the president makes budgets.

It is constitutionally mandated that ANY bill
that involves spending tax money start in
the ways & means committee in the House.

This is because the house re-elects every
2 years while the Senate term is 6 years,
hence the founding fathers figured House
members would be closer to the people,
and if they are not then they can be fired
more quickly.

Do you think the economy needs to be "managed"?

Sadly, YES, to Adam Lane's chagrin, yes the
economy does need SOME management...

Adam believes the market can provide all of
the oversight necessary but that is not true,
people are too easily conned and forget too
quickly for that to work.

Just think of the poor idiots who use check
cashing places, borrow using title loans, and
pay their bills with money orders

...whenever someone "manages" the economy,
what they are really doing is manipulating it to
their advantage...

If you are talking about Congress, then hell yeah
I agree, because they are beholden to the people
that fund their parties, re-election campaigns, and
numerous extra-martial affairs.

If you are talking about Volcker, Greenspan, and
Bernake, or The Fed in general then I would say
you are out to lunch... all of them would rather do
a great job for the country and go down in history
as a genius rather than get ever so slightly richer.

Plus Fed Chairmen have their porfolios placed in
a blind trust so they are unable to fine tune their
actions to directly benefit themselves... go back
and look at the 3 variables that The FED can
actually change, much more limited and broad
ranged than building a bridge to nowhere, etc.


However, Jon Stewart had Alan Greenspan on his
show once and got him to admit that The Fed's
actions basically rewarded people who invested
in the stock market and punished people who
saved money, in that respect, I agree!!

Revisit the movie: IOUSA

"Institutional" firms considered market makers
are allowed to do things that are wrong!! They
sorely need regulation that is not forth coming.
Why else would these assholes need a bail out?

In the stock market there are 2 kinds of people:
Players and Investors, the former are smart or
have inside information. The latter are the hard
working people of America who deserve a safe
place to put their money and enjoy a modest
return -- that is the back bone of Capitalism.