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@ninestripe-blog
statehate:
Not to come to his defense, but the incessant focus on Obama as the evil mastermind behind this accomplishes absolutely nothing in the way of convincing the economically illiterate on the left of the detriment brought by these policies. The fact of the matter is the Keynesianism has been the prevailing ideology of government and its cronies for the past 80 years, and Obama is only one in a long line of destructive presidents, both Republican and Democrat.
paulies-world:
Grades are IN. :)
This is too funny, and interestingly enough, possibly true.
a-petro-manifesto:
It is time to declare independence from another failed empire.
Memorize this. It has been our method of governing for the past 30 or so years.
sabersandphasers:
kendraware:
I giggled at the education one.
so great
A very good point from a very smart man.
a-petro-manifesto:
Andrew Jackson once addressed the precursor to Federal Reserve as follows:
“You are a den of vipers and thieves. I intend to rout you out, and by the grace of the Eternal God, will rout you out.” He is also on record as saying: “The bold effort the present bank (The Second Bank of the United States) had made to control the government … are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.”
So why is he on the $20 Federal Reserve note? Is this some sort of a joke?
polyslime:
The not-so-strange bedfellows. Why is it so hard to see the two are in cahoots with one another?
“There was one good thing about Marx: he was not a Keynesian.”-Murray Rothbard.
The funniest thing is, this is more or less exactly how Keynes thinks the world works.
evilteabagger:
Taxpayers and private sector workers on the other hand…
A new study of spending under the $787 billion American Recovery and Reinvestment Act (ARRA) estimates that President Obama’s signature stimulus program “created/saved 450 thousand government-sector jobs and destroyed/forestalled one million private sector jobs.” The working paper, written by the Ohio State University economist Bill Dupor and the University of Western Ontario economist Timothy Conley, examines stimulus spending on the state level. It finds that ARRA had no positive employment effects in the private sector. In the best-case scenario, Dupor and Conley write, the stimulus bill created or saved “a net 659 thousand jobs, mainly in government.”
So what happened to ARRA’s $499 billion in spending (as opposed to tax cuts, which account for the balance of the $787 billion)? Nearly half of it—at least $247 billion—helped caulk the gaps in busted state budgets. The states used ARRA funds either to continue programs (as California did last June, when it got nearly $1 billion to fund its strapped unemployment insurance program) or to free up funds for other spending. In many states, an infusion of ARRA transportation infrastructure funds actually reduced overall spending on transportation as legislatures took advantage of the federal windfall and spent their own transportation dollars elsewhere.
ronpaulrevolution:
“Young people are not raw material to be employed by the political class on behalf of whatever fashionable political, military, or social cause catches its fancy. In a free society, their lives are not the play things of government.” - Ron Paul
Curious about what you all think. If you're a DPer, go ahead and leave your two cents. If you're not a DPer, get on there and make an account! It's free and gives you access to talk/debate/news on all things Ron Paul.
Also, if you're feeling extra bored, my site I've been steadily working on (http://www.ninestripe.com) is up and (sort of) functional. Stay tuned, it'll be cleaned up in the coming days.