On Apr 23, 5:14 pm, "Econotron" <njmfi...@[EMAIL PROTECTED]
> wrote:
> <Vide...@[EMAIL PROTECTED]
> wrote in message
>
>
news:87eb9db8-f2f9-42d8-83cd-468b3e6e845f@[EMAIL PROTECTED]
>
> > On Apr 23, 12:07 am, alexy <nos...@[EMAIL PROTECTED]
> wrote:
> >> Vide...@[EMAIL PROTECTED]
wrote:
> >> >Bernanke Joins G7 To
> >> >Stem Global Meltdown
> >> >By Mike Whitney
> >> >4-10-8
>
> >> <snip>
>
> >> >Mike is a well respected freelance writer living in Wa****ngton
state,
> >> >interested in politics and economics from a libertarian perspective.
>
> >> Hopefully the fact that you have taken to posting articles like this
> >> indicates that you have gotten over your rather absurd notion that
> >> financial bailouts are somehow related to libertarians.
> >> --
> >> Alex -- Replace "nospam" with "mail" to reply by email. Checked
> >> infrequently.
>
> >
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHA!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
> > greenspan is a card carrying member of the ayn rand cult. bernenke is
> > considered a moderate libertarian, christopher cox the head of the
> > toothless sec, is a libertarian that has made the sec toothless. glen
> > hubbard and grover norquist are bushs economic advisers, libertarians
> > both. henry paulson, the treasury secretary is a anti-regulation free
> > market crank, and what does that make him?
>
> I wonder what that "card" looks like.:-) But let me do some cutting and
> pasting once, to quote someone, who unlike yourself, was not confused
about
> which is who and what is where. You may find there some examples of the
> "laissez-faire" and "libertarian" terms' proper use in a sentence.
>
> <quote>
>
.......................................................................................................................................................................
>
> Also we can now see the mendacity of the common claim that private
> commercial banks are "inflation hawks" or that Central Banks are
eternally
> guarding the pass against inflation. Instead, they are all jointly the
> inflation-creators, and the only inflation-creators, in the economy.
>
>
........................................................................................................................................................................
>
> Throughout the first century of the Republic, the party favoring a
Central
> Bank, first the Hamiltonian High Federalists, then the Whigs and then
the
> Republicans, was the party of Big Central Government, of a large public
> debt, of high protective tariffs, of large-scale public works, and of
> subsidies to large businesses in that early version of "partner****p
between
> government and industry/' Protective tariffs were to subsidize domestic
> manufactures, while paper money, fractional reserve banking, and Central
> Banking were all advocated by the nationalists as part of a
comprehensive
> policy of inflation and cheap credit in order to benefit favored
businesses.
> These favorites were firms and industries that were part of the
financial
> elite, centered from the beginning through the Civil War in Philadelphia
and
> New York, with New York assuming first place after the end of that war.
>
> Ranged against this powerful group of nationalists was an equally
powerful
> movement dedicated to laissez-faire, free markets, free trade,
ultra-minimal
> and decentralized government, and, in the monetary sphere, a hard-money
> system based squarely on gold and silver, with banks shorn of all
special
> privileges and hopefully confined to 100-percent specie banking. These
> hard-money libertarians made up the heart and soul of the Jeffersonian
> Democratic-Republican and then the Jacksonian Democratic Party and their
> potential constituents permeated every occupation except those of banker
and
> the banker's favored elite clientele.
>
.........................................................................................................................................................................
> </quote>
> e.
and the parties flip flopped many years ago. jefferson himself flip
flopped if i remember right once he got in. the problem with people
who say greenspan never acted like a libertarian, do not understand
the connotation, libertarian. if one has to act like someone else's
idea of what a libertarian should be, that is hardly what i would call
individual freedom. greenspan left it alone because he believed in his
own personal liberty to act as he pleased, a true libertarian. same
with the rest of the crew, they are acting in their own best self
interests and beliefs, libertarian to the core.
|
