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  • #16
    Originally posted by The Mad Monk View Post
    The Fed injects the currency by buying up Treasury debt, and now holds half again as much of that debt as China does.

    Using money pulled out of thin air.

    If anyone but the Fed were doing it, it would be called counterfeiting. If a foreign power were doing it, it might be considered an act of war.
    Yes, if anyone other than the people who have the government's permission to print money print money, then it's counterfeiting by definition.

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    • #17
      Originally posted by Colon™ View Post
      And if anyone but the police were taking you against your will to confine you in an enclosed space it'd be called kidnapping. Sheesh.
      Actually private security is allowed to detain suspicious people under any number of circumstances.
      No, I did not steal that from somebody on Something Awful.

      Comment


      • #18
        See also, "citizen's arrest".
        No, I did not steal that from somebody on Something Awful.

        Comment


        • #19
          Originally posted by gribbler View Post
          Yes, if anyone other than the people who have the government's permission to print money print money, then it's counterfeiting by definition.
          You see, this is a much better answer. You get a cookie.
          No, I did not steal that from somebody on Something Awful.

          Comment


          • #20
            Originally posted by The Mad Monk View Post
            See also, "citizen's arrest".
            Yes. Private security has the same arrest powers as citizens.

            Maybe you are the one who should "see also".
            To us, it is the BEAST.

            Comment


            • #21
              You had your chance.
              No, I did not steal that from somebody on Something Awful.

              Comment


              • #22
                Originally posted by The Mad Monk View Post
                Actually private security is allowed to detain suspicious people under any number of circumstances.
                And where does the authorithy to do that come from? FFS you don't want to defend such a retarded statement.
                DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.

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                • #23
                  OMG if a private citizen tried to build a nuclear bomb they would be a terrorist or supervillian.

                  but THE GOVERNMENT does it and it's "national security"




                  To us, it is the BEAST.

                  Comment


                  • #24
                    Originally posted by Colon™ View Post
                    And where does the authorithy to do that come from? FFS you don't want to defend such a retarded statement.
                    I didn't want to make such a retarded statement, but I didn't want yours to feel lonely.
                    No, I did not steal that from somebody on Something Awful.

                    Comment


                    • #25
                      OMG if I tried to build a road, people would say wtf are you doing building a road?

                      but THE GOVERMNET does it and it's called "infrastructure"

                      To us, it is the BEAST.

                      Comment


                      • #26
                        You can build roads on your own property, it's when you start building roads on others' properties that you start to encounter bumps on the road.

                        Governments, OTOH, can use eminent domain to seize parking lots so they can build...parking lots.
                        No, I did not steal that from somebody on Something Awful.

                        Comment


                        • #27
                          the whole idea of property ownership is laughable
                          To us, it is the BEAST.

                          Comment


                          • #28
                            Originally posted by The Mad Monk View Post
                            You can build roads on your own property, it's when you start building roads on others' properties that you start to encounter bumps on the road.

                            Governments, OTOH, can use eminent domain to seize parking lots so they can build...parking lots.
                            There is contradictory information that officials have not clarified about whether the city intends to turn Myrtle Woldson's 134-stall parking lot into a multi-level garage or if they simply want seize the lot and operate it themslves:
                            So this is a story about a government that may or may not be doing something stupid?

                            Comment


                            • #29
                              The fact that they aren't willing to clarify demonstrates that stupidity may be the least of it.
                              No, I did not steal that from somebody on Something Awful.

                              Comment


                              • #30
                                Originally posted by Sava View Post
                                The whole central bank fight was settled almost a hundred years ago. I know you guys want America to return to the 19th century. But fighting the political fights of the 19th century isn't going to get you there.

                                Children aren't going back into the mines. You won't be able to own black people again. And women can vote.

                                It's called progress. Get with the times.
                                What the hell are you talking about? Who said anything about a fight over a central bank? The fact that you give little thought to the implications of the fed doing something that is both devaluing to the currency and calls into question the future monetary policy shows that you know little about "modern" economics. Obama says its good so make it about race? Is that your point?

                                Sometimes you are just a bit on the laughable side of things.

                                Now...if you wanted to talk about the point of the article...the cutting of benefits to people in need...that would be a different story, but you got "Children aren't going back into mines" from that?

                                "I am sick and tired of people who say that if you debate and you disagree with this administration somehow you're not patriotic. We should stand up and say we are Americans and we have a right to debate and disagree with any administration." - Hillary Clinton, 2003

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