Home Mail MemberMap Chat (0) Wallpapers
Go Back   ChiefsPlanet > The Lounge > D.C.

Reply
 
Thread Tools Display Modes
Old 07-03-2014, 07:54 AM  
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 
Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11856
Brain worms and Austrian Economists

Austrian Economists, 9/11 Truthers and Brain Worms
http://www.bloombergview.com/article...ce=twitter.com

JUL 2, 2014 12:55 PM EDT
By Noah Smith

In the film ``Star Trek II: The Wrath of Khan,'' the super-genius villain puts alien worms into people’s brains in order to subvert them to his demented cause. I think Khan could have been an Austrian economist. To those of you who have run afoul of the defenders of Austrianism on the Internet, the analogy will be clear. The Austrian worldview is like a brain worm that has infected large swathes of our financial industry, commentariat and general public. Even you, dear reader, may carry one or two of its wriggling larva inside your gray matter.

When the Austrian brain-worm invades, you start believing things like: 1) Federal Reserve money-printing is a government plot to boost big banks, 2) prices are rising much faster than anyone thinks, 3) real “inflation” means money-printing, not an increase in prices, 4) printing money can never boost the economy, 5) academic economics is a plot to use mathematical mumbo-jumbo to cover up government giveaways to big banks, etc., etc.

The Austrian catechisms range from almost plausible (taking toxic mortgage assets off of bank balance sheets must have been part of the reason the Fed did quantitative easing), to somewhere in the neighborhood of the 9/11 truthers and moon-landing hoaxers. Most of the elements of Austrianism are so directly contradicted by data that the belief system practically screens itself for people who are out of touch with reality.

The years 2011 and 2012 were to Austrians like sunrise is to a vampire. It was simply amazing to sit there and watch Austrians writhe and contort under the pure, burning light of extant reality. Massive torrents of Fed “money-printing” failed to budge prices; this fact directly cracked the central foundations of Austrian thought. The history-book moment came when David Henderson of the Naval Postgraduate School defeated Austrian champion Robert Murphy of the Ludwig von Mises Institute in a bet about inflation.

How did Austrians deal with this assault by the forces of extant reality? First they attempted to deny it. “Have you seen the price of X?” they would ask, implying that inflation was occurring much faster than the government statistics let on. They pointed to shadowstats.com, a website that claimed that a change in the way the government calculated inflation was covering up big spikes.

But reality was relentless. The nongovernment Billion Price Project put a dagger through the heart of inflation-conspiracy theorists. The government statistics were true -- prices really weren’t going up very much. And writer John Aziz found that shadowstats.com was actually a laughably simple hoax (no surprise there, unless you’re an Austrian).

The Austrians’ next defense was to redefine reality. Inflation doesn’t mean a rise in prices, they said -- it means an increase in the monetary base. QE wasn’t causing inflation, it was inflation itself. Duh! Now the Austrians were safe -- after all, you can define inflation as anything you want. It’s a free country, ain’t it? You can define inflation to be a rare poisonous South American tree frog if you want, and the only consequence will be that people think you’re off your rocker. And so when Austrians tried to redefine the word “inflation” to mean something other than “a rise in prices,” people duly recognized that Austrians were off their rockers.

The next blow against the brain worms came with the plunge in the price of gold, which by the end of last year had fallen more than 35 percent from its 2012 peak. Gold is central to the Austrian worldview. To them, the yellow metal represents freedom from government control -- which, since Austrianism mixes politics with economics as shamelessly as unscrupulous Chinese companies mix melamine with milk, meant that rises in gold prices represented the triumph of good over evil. The rise of gold from 2000 through 2011 told Austrians that the power of the vile government-bank alliance was finally breaking, and a new era of freedom was on the way. Unfortunately, gold returns actually had more to do with foreign central-bank purchases, falling real interest rates, speculative demand, and the bursting bubble that wreaked havoc on the wealth of anyone who had bought into the worldview of gold-flogging sites like Zero Hedge.

But brain worms have a way of just burrowing deeper to escape the light, and my Twitter feed is still occasionally hijacked by true believers screeching that inflation really is off the charts, that I’m a corrupt spokesman for big banks and government overlords.

The continued life of the Austrian brain worm is due to the appealing nature of the nonsense it injects into the surrounding neurons. Austrianism wraps itself in the rhetoric of personal freedom and conservative politics, laying the free-market rhetoric on thick. If you didn’t know that monetarists such as Milton Friedman -- who strongly supported printing money to fight depressions, and had harsh things to say about the Austrians -- were also strongly pro-free-market, you might buy into the Austrian line that gold is freedom and QE is slavery.

Austrianism also appeals to workers in the finance industry, especially young men with a strong sense of self-reliance. When asset returns are controlled by a bunch of academics at the Fed, and business has to be conducted under the auspices of the big bank oligopoly, a young trader tends to feel that he can’t make money for himself -- that he’s at the mercy of The Man. To top it off, taxes are taking a cut of his trading profits and a cut of his salary. That makes him psychologically vulnerable to the idea that a bank-Fed conspiracy is behind all the woes of the global economy.

Out in the wider world, the Austrian brain-worm’s darker whisperings are music to the ears of the paleo-libertarian Ron Paul movement. Austrianism’s antiSemitic overtones are conveniently papered over by the fact that two of its founding figures (von Mises and Murray Rothbard) were Jewish. But it’s no coincidence that Austrianism carries great appeal for the more unsavory corners of American politics.

So if you’re one of the people who has been fully or partially enslaved by this brain worm, I implore you: Resist. The human mind, when awakened, is a powerful thing -- under the focus of your will, even a brain-worm as strong as Austrianism will not survive. I don’t expect many of you to heed my call, but a couple of you will (you might want to start here). That’s how brain worms get defeated -- a few minds are liberated, and then a few more, and then a few more…
Posts: 18,120
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 07-03-2014, 08:00 AM   #2
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11856
oh and nb4 shadowstats reference
http://azizonomics.com/2013/06/01/th...h-shadowstats/
Quote:
The Trouble With Shadowstats
Often, when I talk about inflation being low, people who disagree tend to cite John Williams’ Shadowstats as evidence that price inflation is not low at all.

Now, I don’t disagree with the idea that some people have experienced a higher level of price inflation than the CPI. Everyone experiences a different rate of inflation based on their purchasing habits, so by definition everyone’s individual rate will diverge from the official rate to some degree; some will be higher, and some will be lower. And I don’t disagree that rising food and fuel prices have been a problem for welfare recipients and seniors on a fixed income, etc, who spend a higher proportion of their income on food and fuel than, say, young professionals with a lot of disposable income.

What I do disagree with is bad statistical methodology. Shadowstats is built on the belief that the Bureau of Labor Statistics changed their methodology in the 1980s and 1990s, and that if we were using their original methodology the level of inflation would be much higher. Shadowstats presents what they claim to be the original methodology. But Shadowstats is not calculating inflation any differently.They are not using the 1980s or 1990s methodology that they believe would be higher. All Shadowstats is doing is taking the CPI data and adding on an arbitrary constant to make it look like inflation is higher!

This should be obvious from their data, which has the exact same curve as the CPI data at a higher level:

In fact, according to James Hamilton of Econbrowser, John Williams admitted in 2008 that his numbers are just inflated CPI data:
Last month I called attention to an analysis by BLS researchers John Greenlees and Robert McClelland of some of the claims by John Williams of Shadowstats about the consequences for reported inflation of assorted technical decisions made by the BLS. Williams asked me to update with a link to his response to the BLS study. I am happy to do so, along with offering some further observations of my own.

You can follow the link to Shadowstats’ response to Greenlees and McClelland and judge for yourself, but my impression is that the response is more philosophical than quantitative. In a separate phone conversation, Williams further clarified the Shadowstats methodology. Here’s what John said to me: “I’m not going back and recalculating the CPI. All I’m doing is going back to the government’s estimates of what the effect would be and using that as an ad factor to the reported statistics.”
Price changes and inflation are important topics, and constructing alternate measures of inflation is a worthwhile activity. Researchers at MIT have tried to do this with their Billion Prices Project, which measures price trends across a much, much larger range of products and locations than CPI:


What the Billion Prices Project implies for Shadowstats is that the CPI is roughly correct, and there is no vast divergence between real-world price trends and the CPI number. Of course, maybe the 1980s and 1990s methodology would be different from the current numbers. It would be very interesting to compare the current CPI methodology with the older CPI methodologies and with the BPP data! But assessing this empirically would require someone to mine through the raw CPI data since the 1980s and recalculate the outputs with the real earlier methodology — a far longer, more difficult and sophisticated process than taking the CPI outputs and adding an arbitrary constant!
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,120
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 07-03-2014, 08:18 AM   #3
Cochise Cochise is offline
Legend
 
Cochise's Avatar
 

Join Date: May 2003
Casino cash: $14976
Quote:
Originally Posted by KC native View Post
1) Federal Reserve money-printing is a government plot to boost big banks, 2) prices are rising much faster than anyone thinks, 3) real “inflation” means money-printing, not an increase in prices, 4) printing money can never boost the economy, 5) academic economics is a plot to use mathematical mumbo-jumbo to cover-up government giveaways to big banks, etc., etc.
It's a conspiracy theory, like any other. People who are inclined to believe in one conspiracy theory are usually inclined to believe in many others. They want to believe any theory that they can say validates their political stances. .. appeal to wishful thinking.
Posts: 43,204
Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.Cochise has parlayed a career as a truck driver into debt free trailer and jon boat ownership.
  Reply With Quote
Old 07-03-2014, 08:26 AM   #4
Prison Bitch Prison Bitch is online now
FAUX-HAWKS for all!
 
Prison Bitch's Avatar
 

Join Date: Nov 2012
Location: Lees summit
Casino cash: $16024
People believe all sorts of stupid plots: there's a "war on women!", there's an imminent global warming disaster thanks to "climate deniers", there is gasoline price manipulation by "big oil", there is a plot to strip southern blacks of their voting rights, there's a plot to force all pregnancies even incest to be carried to term. So people fall for all sorts of nonsense conspiracy theories.
__________________
Cardinal Nation Blog 5/29/14: "Without KC. The America League Owns The Cardinals"
Posts: 14,859
Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 07-03-2014, 08:33 AM   #5
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $5000
Quote:
Originally Posted by Prison Bitch View Post
People believe all sorts of stupid plots: there's a "war on women!", there's an imminent global warming disaster thanks to "climate deniers", there is gasoline price manipulation by "big oil", there is a plot to strip southern blacks of their voting rights, there's a plot to force all pregnancies even incest to be carried to term. So people fall for all sorts of nonsense conspiracy theories.
True
__________________


"I'll see you guys in New York." ISIS Caliph Abu Bakr al-Baghdadi to US military personnel upon his release from US custody at Camp Bucca in Iraq during Obama's first year in office.
Posts: 75,744
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 08:44 AM   #6
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $14288
Quote:
Originally Posted by Cochise View Post
It's a conspiracy theory, like any other. People who are inclined to believe in one conspiracy theory are usually inclined to believe in many others. They want to believe any theory that they can say validates their political stances. .. appeal to wishful thinking.
NOPE! You'd accuse Thomas Jefferson of being a conspiracy theorist based on what he said about such a banking system.

This shows you don't know much about the actual economic arguments Austrians put forward based on the actual economic merits which they use abundantly--far more than any "secrecy." Nor does the author of that opinion piece have a complete understanding. There's always some twist on what Austrians claim to concoct strawmen.

Just because others harp on the secrecy part of the Federal Reserve's formation, doesn't mean it can't be judged on its own economic merits. It's just another kind of crony capitalism aka corporatism, aka neo-mercantilism or cartel banking system where players attempt to get a govt sanctioned racket.

You also don't know the definition of the word "conspiracy" which means a crime planned by more than one. Those who formed the Fed ensured it got passed through law. It was more an agenda--what you claim the left tries to set. Furthermore, you seem to have no trouble with conspiracy when you talk about the Obama administration on the IRS scandal.

However, the secrecy aspects are pretty well documented and laid out if you want to visit some of those mansions on Jekyll Island, where the meeting of certain minds came together to discuss having a central bank. It's stated all over the place....even having to speak in code so the maids and cooks couldn't tell what they were planning. I wouldn't call that very "secret" or hidden anymore. It's also not a crime or illegal.

So there's two aspects:
1) How it came about that we got a central bank which uses a certain amount of central planning to steer or manage an economy ( the anti-thesis of a free-market and what Jefferson and Jackson were against.)

Or how a band of special interests sought to bring about the formation of a central bank---at least a version of a central bank. The first was under Hamilton. This, however, is NOT an economic argument--but a political one.

2) The actual economic merits: the specific consequences on how it operates in the economy. Like the point about using math to determine human action. Austrians do use some mathematical measurement, contrary to what the article states, but not the same way and not as extensively.
EDITED for clarity.
__________________
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution

Last edited by BucEyedPea; 07-03-2014 at 09:45 AM..
Posts: 58,398
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 08:49 AM   #7
Sully Sully is offline
It Goes On
 
Sully's Avatar
 

Join Date: Sep 2005
Location: Lees Summit
Casino cash: $8391
The word antithesis is not hyphenated.
__________________
"And I don't wish that girl any bad luck," he said, "but I hope she gets hit with a car."
- Tommy Lasorda
Posts: 13,747
Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.Sully Forgot to Remove His Claytex and Got Toxic Shock Syndrome.
  Reply With Quote
Old 07-03-2014, 08:54 AM   #8
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $14288
Quote:
Originally Posted by Prison Bitch View Post
People believe all sorts of stupid plots: there's a "war on women!", there's an imminent global warming disaster thanks to "climate deniers", there is gasoline price manipulation by "big oil", there is a plot to strip southern blacks of their voting rights, there's a plot to force all pregnancies even incest to be carried to term. So people fall for all sorts of nonsense conspiracy theories.
There's no "plot." Austrian economics is an attempt to explain economics of a true free-market and opposes, naturally, crony cartel capitalism or any other form of govt managed or central planning of an economy.

So much for conservatives being advocates for a free-market--NOT!

The comments under that opinion piece are better than the editorial. Priceless too! Especially the one that shows how Bloomberg is a LIAR.

All establishment organs are some brand of Keynesian whether or not one calls it neo-Keynesian. Keynes was a socialist. That conservatives embrace him over a free-market school shows how firmly in control of progressives our govt is under both parties.
__________________
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
Posts: 58,398
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 08:55 AM   #9
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $14288
I notice Cochise NEVER makes any specific economic arguments on where free-market economics* isn't valid.
He relies on his usual innuendo and slurs instead. Says all.

Everyone already knows the left despises free-market capitalism. What's with the conservatives though?
Really, that's the cognitive dissonance. I was turned onto the Austrian school by a staunch religious Catholic.


* Austrian School is wholly free-market
__________________
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
Posts: 58,398
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 08:57 AM   #10
patteeu patteeu is offline
The 23rd Pillar
 
patteeu's Avatar
 

Join Date: Sep 2002
Casino cash: $5000
Quote:
Originally Posted by BucEyedPea View Post
There's no "plot." Austrian economics is an attempt to explain economics of a true free-market and opposes, naturally, crony cartel capitalism or any other form of govt managed or central planning of an economy.

So much for conservatives being advocates for a free-market--NOT!

The comments under that opinion piece are better than the editorial. Priceless too! Especially the one that shows how Bloomberg is a LIAR.

All establishment organs are some brand of Keynesian whether or not one calls it neo-Keynesian. Keynes was a socialist. That conservatives embrace him over a free-market school shows how firmly in control of progressives our govt is under both parties.
Prison Bitch didn't express any opinion on Austrian economics in that post.
__________________


"I'll see you guys in New York." ISIS Caliph Abu Bakr al-Baghdadi to US military personnel upon his release from US custody at Camp Bucca in Iraq during Obama's first year in office.
Posts: 75,744
patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.patteeu is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 08:59 AM   #11
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $14288
Quote:
Originally Posted by patteeu View Post
Prison Bitch didn't express any opinion on Austrian economics in that post.
No, his post implied Cochise was correct--since he commented on "conspiracy theories."
Hence, my starting out with the word "plot." The last two paragraphs are my additional commentary about the original article. I think those comments under the original article should also be read.
__________________
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
Posts: 58,398
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 09:00 AM   #12
Prison Bitch Prison Bitch is online now
FAUX-HAWKS for all!
 
Prison Bitch's Avatar
 

Join Date: Nov 2012
Location: Lees summit
Casino cash: $16024
Thank you Pat. It was more a mockery of native and lefties who ascribe any concern from the right as automatically "tin foil" when they should be looking in the mirror at their own beliefs.
__________________
Cardinal Nation Blog 5/29/14: "Without KC. The America League Owns The Cardinals"
Posts: 14,859
Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.Prison Bitch 's phone was tapped by Scott Pioli.
  Reply With Quote
Old 07-03-2014, 09:02 AM   #13
BucEyedPea BucEyedPea is offline
BucPatriot
 
BucEyedPea's Avatar
 

Join Date: Apr 2006
Location: None of your business
Casino cash: $14288
It could be taken more than one way. One being that this one fell into that category.
__________________
“The power to declare war, including the power of judging the causes of war, is fully and exclusively vested in the legislature.” ~ James Madison, Father of the Constitution
Posts: 58,398
BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.BucEyedPea is obviously part of the inner Circle.
  Reply With Quote
Old 07-03-2014, 09:32 AM   #14
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11856
Quote:
Originally Posted by BucEyedPea View Post
There's no "plot." Austrian economics is an attempt to explain economics of a true free-market and opposes, naturally, crony cartel capitalism or any other form of govt managed or central planning of an economy.

So much for conservatives being advocates for a free-market--NOT!

The comments under that opinion piece are better than the editorial. Priceless too! Especially the one that shows how Bloomberg is a LIAR.

All establishment organs are some brand of Keynesian whether or not one calls it neo-Keynesian. Keynes was a socialist. That conservatives embrace him over a free-market school shows how firmly in control of progressives our govt is under both parties.
****ing hilarious that she cites the Austrian nut job commentariat on Noah's piece as better than the piece.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,120
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Old 07-03-2014, 09:35 AM   #15
KC native KC native is online now
a toda madre o un desmadre
 
KC native's Avatar
 

Join Date: Feb 2009
Location: Fort Worth, TX
Casino cash: $11856
Quote:
Originally Posted by Prison Bitch View Post
Thank you Pat. It was more a mockery of native and lefties who ascribe any concern from the right as automatically "tin foil" when they should be looking in the mirror at their own beliefs.
Anthropogenic global warming is happening. Just because you don't understand the science behind it doesn't mean it is a conspiracy.

Please point out where I've ever insinuated that high oil prices are a big oil conspiracy.

The war on women is overblown but the strategy for the christian theocrats is to chip away at the victories that have been achieved by their opposition since they know they won't get a wholesale turnover.

dumb **** is dumb.
__________________
The diameter of your knowledge is the circumference of your actions. Ras Kass

Quote:
Originally Posted by Iowanian View Post
I'm just a little pussy from Iowa
Posts: 18,120
KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.KC native is too fat/Omaha.
  Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On

Forum Jump




All times are GMT -6. The time now is 10:54 AM.


This is a test for a client's site.
A new website that shows member-created construction site listings that need fill or have excess fill. Dirt Monkey @ https://DirtMonkey.net
Powered by vBulletin® Version 3.8.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.