Forums before death by AOL, social media and spammers... "We can't have nice things"
|    alt.conspiracy.new-world-order    |    You will own nothing... and be happy    |    25,344 messages    |
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|    Message 24,839 of 25,344    |
|    BeamMeUpScotty to nickname unavailable    |
|    Re: free markets require police states:     |
|    11 Apr 15 11:19:50    |
      IRS.FBI.NSA.CIA.EPA.FCC.DHS.CDC.DEA.ObamaCare.gov       XPost: alt.politics.economics, alt.law-enforcement, alt.politics.obama       XPost: alt.revisionism, alt.atheism, alt.conspiracy       XPost: alt.politics.immigration, alt.true-crime, alt.politics.guns       XPost: misc.survivalism, soc.culture.usa, alt.survival       From: I-WAS-JUST-GANG-PROBED-BY-THE-ObamaRegime-SPY-NETWORK@IRS.       BI.NSA.CIA.EPA.FCC.DHS.CDC.DEA.ObamaCare.gov              On 4/11/2015 11:06 AM, nickname unavailable wrote:       > On Saturday, April 11, 2015 at 9:13:09 AM UTC-5, dav...@agent.com wrote:       >> jim <""sjedgingN0Sp\"@m@mwt.net"> wrote:       >>       >>> davidp@agent.com wrote:       >>>> jim <""sjedgingN0Sp\"@m@mwt.net"> wrote:       >>>>>> davidp@agent.com wrote:       >>>>>>>> nickname unavailable wrote:       >>>>>>>>       >>>>>>>>>> In 1968 the federal minimum wage was $1.60 per hour.       >>>>>>>>>> Adjusted for inflation, that's equal to nearly $11 today, yet the       >>>>>>>>>> federal minimum wage remains stuck at $7.25, meaning it's lost       about a       >>>>>>>>>> third of its purchasing power.       >>>>>>>>       >>>>>>>> With a gold standard, there would be no inflation!       >>>>>>       >>>>>> That would have been a catastrophic disaster.       >>>>>>       >>>>>> Before 1971 The US consumption of petroleum was       >>>>>> doubling every 10 years. If that trend continued       >>>>>> for 40 more years all of the worlds known oil       >>>>>> reserves would have by now been consumed.       >>>>>>       >>>>>> There are only two things that could prevent that       >>>> >from happening. The first would be to end free market       >>>>>> price setting and instead have govt take over and       >>>>>> ration resources. The second is allow the price       >>>>>> mechanism to work and let inflation control       >>>>>> consumption. The result of following the latter       >>>>>> path was that the US economy went from exponentially       >>>>>> expanding per capita consumption to per capita       >>>>>> consumption that has been decreasing       >>>>>> since the 1980's.       >>>       >>>> The experience of World War II was fresh in the minds of public       >>>> officials. The planners at Bretton Woods hoped to avoid a repeat of       >>>> the Treaty of Versailles after World War I       >>>       >>> So what has that got top do with anything?       >>> Are you trying to demonstrate how you can copy and paste       >>> some blather that you don't even understand?       >>       >> The world population has gone from 2.3 billion in 1945       >> to 7.3 billion today, and not once have you ever       >> mentioned sustainability! What kind of economics is that?       >       > somalia must be very attractive to you.       >       With you and your kind moving to the communist paradise of Cuba...       America is looking more attractive every minute.                                                        --        That's Karma              --- SoupGate-Win32 v1.05        * Origin: you cannot sedate... all the things you hate (1:229/2)    |
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