• Madison320's Avatar
    Yesterday, 07:19 PM
    I know, why do they go from zero teams to two in LA! Didn't they try that before with the Rams and Raiders? Why not try one team first before going to two?
    48 replies | 468 view(s)
  • Madison320's Avatar
    Yesterday, 06:37 PM
    "You must spread some Reputation around before giving it to Krugminator2 again."
    138 replies | 1715 view(s)
  • Madison320's Avatar
    Yesterday, 06:30 PM
    I don't like the "standing for the national anthem" thing either. If the players were protesting an overly intrusive government I wouldn't mind as much, but the they want MORE government not LESS. Although ideally I wish they'd keep politics out of it altogether. Check out the BLM economic demands. It's communism with a racial twist. https://policy.m4bl.org/economic-justice/
    48 replies | 468 view(s)
  • Madison320's Avatar
    Yesterday, 04:50 PM
    I've seen you support the free market before which is why I'm confused about Kucinich. Kucinich is arguably the most anti free market and anti property rights US politician on record. No, you're wrong. Kucinich doesn't want to return to the US before the Fed where we had a gold standard much of the time and inflation was controlled. He wants to move to something much worse than before the Fed or during the Fed. He wants a government fiat currency unbacked by gold where printing money is unrestricted. So the only redeeming quality for Kucinich is that he's anti war. But like I said before so was Fidel Castro and Hugo Chavez. That's not good enough.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    Yesterday, 04:14 PM
    The NFL players that are protesting over unfair treatment of blacks are annoying to me for a couple reasons: 1. Many of their "solutions" like more wealth distribution and tighter enforcement of discrimination laws are only going to make the problem much worse. 2. It ruins watching the games when I have to hear the announcers talk about it. I want to watch football not a political show.
    48 replies | 468 view(s)
  • Madison320's Avatar
    Yesterday, 03:23 PM
    I agree that dems are better on some civil rights, although they also support a lot of fake group rights that actually violate individual rights. But the dems are worse on property rights and to me that's more important. To me you start with property rights and then build from there. If you can't own property what good is it if you can smoke weed? Also as far as police brutality is concerned I would argue that the most practical solution is again to enforce property rights. I think there'd be way less problems with the police if we didn't have crime ridden slums caused by the lack of property rights. The democrats argue more against police brutality but their solution of more wealth distribution (= theft and less property rights) only makes the root problem worse.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    Yesterday, 02:56 PM
    I agree. Let each state handle voter fraud individually.
    21 replies | 408 view(s)
  • Madison320's Avatar
    09-23-2017, 05:02 PM
    No and it was proven last week. ESPN’s Jemele Hill stands by her statement that Trump is a white supremacist https://www.washingtonpost.com/blogs/erik-wemple/wp/2017/09/15/espns-jemele-hill-stands-by-her-statement-that-trump-is-a-white-supremacist/?utm_term=.920d058e2c45
    33 replies | 1571 view(s)
  • Madison320's Avatar
    09-23-2017, 04:08 PM
    Maybe ESPN is trying to make things even for keeping Jemele Hill after she called Trump a white supremacist. Complaints of racism really annoy me because I know it's all about trying to get free stuff. Get rid of discrimination laws (and other things that force political correctness at gunpoint) and I might listen.
    33 replies | 1571 view(s)
  • uncharted's Avatar
    09-23-2017, 02:51 PM
    r3volution 3.0,
    27 replies | 588 view(s)
  • Madison320's Avatar
    09-23-2017, 10:05 AM
    I think you're confused about my argument. Let me explain: Normally wanting to "End the Fed" is a good thing. But only if you replace it with something better like a free market, most likely gold backed system. But if you want to replace the Fed with the government, that's worse than the Fed and that's what Kucinich wants to do. Suppose to want to eliminate the $7 minimum wage. That'd be good thing unless you wanted to replace it with a $15 minimum wage, right?
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-23-2017, 08:56 AM
    I doubt that we've ever had anything remotely close to what Kucinich wanted to implement which is an unbacked government monopoly fiat currency.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 07:52 PM
    I totally agree. Good point about the pragmatists. The ones I worry about are the committed socialists/communists like Kucinich. Hugo Chavez and Fidel Castro were against war as far as I know but I wouldn't want to live under their rule either.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 11:33 AM
    If they have $100 in reserves with a 10% reserve requirement I'm pretty sure they can only loan out $90 not $900.
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-22-2017, 11:05 AM
    That's a good point. Those rat barbecue get togethers would be awesome! Nothing like rat over an open fire.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 11:03 AM
    Did you read the part Kucinich wants to replace a Fed controlled monetary system with a government controlled monetary system?
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 11:00 AM
    Show me where you were called a communist. When I call Kucinich a communist, it wasn't in the "Hey, Pinko Commie" insult sense. It was in the textbook, Karl Marx sense. What the hell am I supposed to call him? "Kucinich is someone who believes in many of the principles of communism but he's not a communist."
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 10:55 AM
    I'll disagree with you a little on this. If Kucinich has his way the number one problem, far above anything else, is that we be dirt poor in few years. I mean, stand in line, waiting for your food ration, dirt poor. If you just judged the candidates by their official positions (which is a stretch I admit) Kucinich would be about the last one I'd vote for. I'd vote for Hillary over Kucinich. I'd vote for McCain over Kucinich. I'd rather take the chance that McCain might not blow us all up vs the 100% certainty that I'd be standing in a bread line with Kucinich.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-22-2017, 10:40 AM
    I don't think the fractional reserve thing means one bank can lend 10x. If a bank has $100 in reserves it can loan that out to someone for 10% for example. The lender might take the $100 and deposit it in another bank but that doesn't do anything for the original bank. So that bank could get 10% but there's risk that they might not get paid back. So I have know idea what the actual return is. The part about treasuries is a good point, maybe it's because of the risk? I just looked it up and the 2 year t bill is 1.45%. I'm not sure how much risk is in a 2 year t bill. Probably not much. Remember when you buy treasuries you're in it for the duration whereas I'm assuming the banks can take the money out of the Fed's reserve bank at any time. But 1.25% seems really low. Maybe there's some quid pro quo going on. Maybe the banks got bailed out with the agreement they would keep their money at low rates in reserve?
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-21-2017, 07:14 PM
    I'm not sure where you're getting the 10x number. That seems almost impossible. Also remember there's a huge amount of risk when you loan money. The banks are getting 1.25% risk free. That still seems a little low however.
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-21-2017, 07:11 PM
    Let's see if you stick to your theory when the economy implodes under Trump. And as I've replied, that's an argument in favor of my position, not yours. If the QE had all entered the system and prices had not gone up then you'd probably be right. But most of it is sitting in reserves, and it can't sit there forever. Money has to be spent eventually or else it's worthless.
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-21-2017, 07:06 PM
    That's true but eventually the money has to enter the system unless the Fed unwinds it before it gets out, which has never happened to any degree in history. Money is no good if it's just sitting in your vault forever. The banks didn't trade assets for money that they are not allowed to spend. Would you sell your car if the condition was that you could never touch the cash you got for it?
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-21-2017, 04:31 PM
    I have no earthly idea what you're talking about. You think Kucinich's first step would be to end the Fed and go to a free market banking system? And then step two would be to nationalize the banking system? Ha! Ha! Ha! Not a chance in hell! He would much prefer The Fed to a free market banking system. He wants MORE government control over banks not LESS. The only way he would end the fed would be a direct move to a government controlled system. On a slightly different topic, calling someone a communist is not an insult, it's merely a factual description. And I never called Ender a communist I called Kucinich a communist. Do some research on communism and Kucinich's positions.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 04:02 PM
    Whatever. Also I've been researching Kucinich's position on the Fed. It looks like he wants to replace the Fed not with a free market banking system but with CONGRESS!!!!! So basically it appears Kucinich wants a government takeover of the entire banking system. http://www.zerohedge.com/article/guests-contrarian-take-dennis-kucinichs-recent-attempt-end-fed I remember some idiots in congress talking about how terrible the Fed is and how it sucks that we have to pay interest on the money we borrow. They said "if we could only print the money ourselves we wouldn't have to pay interest." I'm wondering if Kucinich was one of those guys.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 03:37 PM
    Nightmare is an accurate term. I've always thought Ender had a left wing streak in him and this confirms it. I'm guessing things like progressive taxation don't bother him a bit. This thread is reminding me of the Seinfeld episode where they meet a guy who's a communist, and everybody is saying ,"Wow, cool you're a communist? I never met one of those before!"
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 03:12 PM
    I think Kucinich and Paul both like the color blue, maybe Kucinich is ok after all. That little communist thing is no big deal.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 03:06 PM
    Good point. It really irritates me that many people in this forum still deny that printing money devalues the currency. And it does it in proportion to the amount printed. People argue that printing money causes "imbalances" but it doesn't necessarily devalue the currency. If that were true you could always fix any imbalances by printing. The fact is that printing money always devalues the currency, but it doesn't always show up right away in prices.
    81 replies | 939 view(s)
  • Madison320's Avatar
    09-21-2017, 02:58 PM
    I know I was just being a little sarcastic. But seriously, Kucinich seems to be a pretty hard core socialist/borderline communist. He's so horribly bad on so many issues that there's no way the positives can outweigh the negatives. That's like a serial killer who helps old ladies cross the street. Then there's McCain. Hmm. That's a tough one. I think I'd still take McCain over Kucinich. I'll bet if you looked at the voting record Kucinich is WAY more socialistic than McCain. And I doubt that McCain supports a total ban on handguns (yikes!). So the question would be does McCain's war mongering outweigh Kucinich's communism? That's why I joked "Excluding McCain" earlier.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 02:49 PM
    That's why I don't vote for republicans or democrats, I vote libertarian.
    138 replies | 1715 view(s)
  • Madison320's Avatar
    09-21-2017, 01:55 PM
    Man-Made global warming pales in comparison to Dinosaur-Made global warming. Those damn dinosaurs melted the polar caps.
    7 replies | 179 view(s)
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