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Killer454

Killer454
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  • Wall Street Breakfast: Must-Know News [View article]
    "What Yellen isn't saying is that the only way out of our government debt disaster is MONETIZATION. We need inflation to have a chance to bail ourselves out of the debt debacle created by our esteemed politicians"

    Which is essenentially a backdoor way of deliberatly having the federal governmen default on it's debt. That is exactly what monetization is - defaulting on the debt.
    Apr 17 11:18 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Then no one talks about the real issue, namely how should Russian minorities be treated in these ex USSR countries?"

    A lot of those Russian minorities were shipped in by the former Soviet Union to cement it's hold on those countries. The previous occupants were deported elsewhere. What about those displaced people's rights?
    Apr 17 11:07 AM | 2 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Kiler, Russia was allowed to have 25,000 troops in Crimea. They currently also have troops in Moldova"

    The troops referred to are the one's in umarked uniforms with military weapons and equipment pretending to be Ukrainian citizens.
    Apr 17 11:05 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Well well, Putin finally admits what we all knew but then follows it up with another absurd denial:

    "Russian President Vladimir Putin has for the first time admitted that Russian forces were present in Crimea before its annexation last month but refuted claims they are currently operating in the eastern part of Ukraine. "

    http://cnb.cx/1hPg82q
    Apr 17 09:11 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Low inflation is a larger threat to the U.S. economy than rising prices, said Janet Yellen in her second public speech since taking the reins at the Fed"

    Now that is absolute economic nonsense.

    Boosting inflation does nothing to improve economic prosperity.

    Everything goverment does - including monetary policy moves - is nothing more than forced transfer payments that can never net to any value greater than zero.

    Inflation helps borrowers (the biggest one that come to mind is the U.S. Federal government) at the expense of savers and lenders. There is no valid economic reason for the government to be favoring the former over the latter.'

    Of course there has never been any valid economic reason for government be favoring any person, company or institution over another under any circumstance.
    Apr 17 08:30 AM | 13 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Who claimed it was OUR problem?
    Apr 16 09:28 AM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Ukraine's action in multiple areas has prompted Vladimir Putin to describe the country as being on the "brink of civil war"


    Civil war?

    I don't think a battle between the troops of a national government and invading special forces units of another nation wearing unmarked uniforms qualifies as a civil war.
    Apr 16 08:32 AM | 14 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "The Weather Channel is returning to DirecTV after the latter agreed to a slight increase in carriage fees."

    The Weather Channel itself should return to doing weather and nothing but weather - instead of all the other junk that's on there now.
    Apr 9 08:56 AM | 6 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Senate has passed a bill that would extend benefits for 2.8M people who have been out of work for at least six months"

    So now unemployment benefits are effectively supposed to be converted into another permanent "entitlement".
    Apr 8 08:40 AM | 9 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "I am not an ethics expert,"

    And neither is anyone else - espically those who claim that they are.

    There is no such thing as an "expert' in any subject on this earth where the veracity of the claims being made by said alleged expert cannot be unequivocally quantified as absolutely 100% accurate by measurement in the physical world.

    Absolutely everything other than that is nothing more than a matter of personal opinion.

    As for the ethics of those grandstanding about how "moral" they are in volunteering other people's money for some allegedly egalitarian purpose, I reflect on the fact that there's not a single thing that any of them have ever done in their lives that ever had anything whatsoever to do with me acquiring so much as one cent of the wealth that they presume to have a say in the dispostion of.
    Apr 3 10:55 AM | 4 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    No it was not like car insurance.

    The only type of car insurance coverage that is required is liabiltiy coverage for the potential damage that you may do to someone else with your car.

    You are not required to buy coverage for the cost of damages to yourself or your own car.

    Furthermore, a think tank endorsing some particular policy doesn't remotely translate into all the people and groups comprising "the right" endorsing it. The rank and file of conservatives never endorsed any such thing.
    Apr 3 10:04 AM | 5 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "China has unveiled another mini-stimulus package as part of an attempt to stabilize slowing growth and maintain confidence"

    The Keysenian Kool-Aid Kidz never learn.
    Apr 3 08:36 AM | 3 Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "There is no guarantee that anyone will earn a living and have a safe and happy life because of the existence of these institutions"

    Indeed not. And that means that they had nothing to do with it.

    As I said earler, the ONLY thing that constitutes proof is an explicit direct transfer of cash, marketable securities or other tangible property of substantial market value from the alleged collective entity to myself.
    Apr 2 03:51 PM | Likes Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Your accounting is faulty.

    Most of the money Obama paid for his votes came out of the taxpayers pockets. Prominsing his constitency groups handouts of other people's money.
    Apr 2 03:41 PM | 1 Like Like |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    "Killer, are you saying that you have never used roads and bridges? "

    If the existence of roads caused people to make money, then without exception every single person who ever naviagated so much as one foot in distance on a publc road at any point in their entire life would be an exactly equal financial success down to the very last cent of net worth.

    They aren't and they don't and that's that.

    If the existence of government run schools caused people to make money, then without exception every single person who so much as set one foot inside a government school building at any point in their entire life would be an exactly eqaul financial success down to the very last cent of net worth.

    They aren't and they don't and that's that.

    Etc,, Etc.
    Apr 2 01:26 PM | 2 Likes Like |Link to Comment
COMMENTS STATS
651 Comments
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