miburo i explained to you exactly why he is wrong, if you dont think its a rational explanation than thats on you because it is a perfectly rational explanation. there are people who are going to say the economy is great, the same people who said that the real estate bubble was not a bubble. there is nothing that sais this is the truth, there are different views on the matter, im explaining to you why this is the right one and it clearly is.
he sais we have plent of money and were fine, i argue how can we have plenty of money and be fine if we have the largest debt in the world, we are continually running up this huge debt by huge amounts each year, how can we be fine if we cant pay it back, we are a consumer based nation with a huge trade defecit, if we consuming more than we are producing how can we possibly pay this debt back, how can we possibly be fin and have money. these are all rational thoughts as to why he is wrong.
he sais who gives a shit about the fed, i say alot of people give a shit, congress tried to pass a bill allowing the audit of the fed, the fed is a group or private bankers who have a printing press and can print money without an explanation as to for who and what purpose to the government, every dollar they print takes away value from our own money through inflation, they happen to be printing trillions, this is a big deal and alot of people care, these are rationl thoughts as to why he is wrong
on the last thing he brought up rockefellar and believed it would be good for people like him to rule the country because they know what there doing. when coincidently i was reading in my textnook about this very same person i have this to compare to what he wrote.
Rockefeller was good at what he did because he knew what he could and couldn't do and acted accordingly (by viciously eliminating his competition in a fair, capitalist way).
in the end rockefeller triumphed over his competitors by marketing products of high quality at the lowest unit cost. but he employed other, less savory methods as well. he threatend rivals and bribed politicians. he employed spies to harass customers of competing refiners. above all he extorted railroad rebates that lowered his transportation cost and undercut competitors. by 1879 he controlld 90 percent of the countrys entire oil refiniing capacity
this is definitive proof on the last thing but the rest are debates over economics and there are many different views, im explaining why what i said was right rationally
if you cant understand my explanations than i really dont know how else to help you, i mean it really just takes simple logic to understand what i wrote and why he is mistaken.
and miburo, this entire time you have not given your view on anything, you have not stated why anything is right or wrong, what you believe, your views, nothing. why dont you contribute, im sure people would like to hear your views on things, i know i would.