This One's for The Obama Loyalists, Pay Attention.

I love that these two quotes showed up in the same post.

Look at the long term. Gold has ALWAYS had tremendous value in society over thousands of years. Fiat currencies don’t last very long. It is wrong to look at a very short term in modern economies in a market as volatile as oil and say that it proves gold is not a store of value. Gold has never been worthless in almost any society in history.

Look at this graph of the price of gold since 1971: http://goldprice.org/charts/history/gold_all_data_o_usd.png

Gold has become worth MORE in relation to the dollar. As fiat currencies go down, the value of gold goes up in comparison.

As to amending the Constitution, we did on several occasions. But about eighty years ago or so we gave up on that idea and government has been operating without any regard for the Constitution ever since.

Do you think it is a good idea to have some arbitrary and concrete limit to government growth and power so as to protect liberty?

That is the point. If you don’t think its a good idea then you clearly have no regard for human liberty.

About the Industrial Revolution, there were classical economists and libertarian thinkers writing during that period as well, and I have read many of their books and writings. I am not saying that there weren’t any bad work conditions or exploitation taking place at all. What I am saying is the notion that the problems that DID exist somehow invalidate the superiority of free enterprise and necessitated the type of government intervention and exploitation BY the government is patently absurd.

There has never been a perfect system for maximum prosperity and minimum poverty and suffering in world history. All societies have flaws. However, a free economy, respect for property rights, sound money and limited government has been the BEST system that provides the highest standard of living for the most people.

What has government done since that has solved all of these problems? Look around the country and see how people are doing today. Government hasn’t done a very good job taking care of people.

Don’t you see how easy it is to look at any society and point to the problems that do exist (some degree of poverty and social problems exist in any society) and claim that it invalidates the entire economic and social system? It is the absurd Utopian ideas of guys like Lyndon Johnson who think we can use government force to eliminate poverty. This hasn’t worked.

Government intervention hasn’t worked. Don’t you see there is still massive exploitation? At least in a free economy I am able to leave the bad work environment and work for a better company. Or I can start my own business or freely associate with whoever I choose. I have SOME freedom to avoid exploitation.

But with government regulation, mandates and corporatism, I have no choice. I have to buy health insurance, I have to pay taxes to support things I think are immoral. My economic activity is SEVERELY compromised.

Isn’t this worrisome to you AT ALL? The thing I find fascinating about liberals is there steadfast determination to blame all problems in society on businessmen and corporations who exploit people and “take all the wealth” yet fail to understand the threat to liberty posed by government?

Why is that?

Seriously, in a free society there will be some company who treats their employees terribly but the larger harm to society is diminished. A reasonable person can refuse to do business with those people. They are not compelled to interact with people who they find deplorable.

If government makes a mistake, or mandates people buy a product from a corporation, they are taking away our liberties. We don’t have a choice in the matter and the damage is felt throughout society.

You make the mistake of thinking that I or the Austrian economists think we should follow ALL the policies of the 19th century but this is hardly the case. There were problems with society during that time period. But the problem wasn’t too much freedom or property rights.

You also make a mistake to claim that the problems that DID exist in the 19th century invalidated the argument for freedom. This is a fallacious argument with no merit for a thinking mind.
Lets, for arguments sake, say that I endorse government intervention in terms of only the following areas:

Safety regulations to protect workers
Environmental standards
Minimum wage laws
Rules against discrimination (like the Civil Rights Act)

But no more. Keeping a free economy and respecting property rights but doing just enough to protect workers.

Would this be okay with you? Getting rid of many thousands of pages of bad regulations that do nothing to help the workers or poor?

Its one thing to advocate safety standards and environmental protection. It is quite another to abandon all principles of market economics and endorse this federal behemoth that invades privacy, interferes with contracts, facilitates corporate abuse and thinks nothing of property rights or freedom of association.
Can you be persuaded to move in my direction even a little? You really cannot be convinced to support the move towards market economics and lessoning the regulatory burden on business and consensual economic activity?

I am looking forward to hearing your answer.

It’s like listening to curlcoat on Red Bull.

They don’t make one strong enough: http://www.herbs2000.com/homeopathy/merc.htm

Too bad this thread degenerated into this inane side discussion about vaccinations (note I, as son of a physician, am firmly on the side of same), tho the main topic isn’t much better in the end analysis. It is conceivable that somewhere a libertarian has written a thesis supporting said philosophy which sober-mindedly takes into account human behavior and tendencies, and I’d love to read it and take a chance on being convinced-but this thread ain’t it. Perhaps that means that such an airtight argument doesn’t exist (and from what I’ve read elsewhere I haven’t been terribly impressed, but you never know).

I’ve had to pay taxes to support your health and welfare so that you may promote things I think are immoral. It’s a minor source of :rolleyes: but I can live with it. It’s better than living in a society where it’s everyone for himself and homeopaths stalk the Earth unfettered.

bolding mine…

Only a fucking moron could possibly believe this.
Failure to understand causation, correlation, and coincidence makes you a fucking moron.

I don’t think I ever called you retarded or insane. Misguided, sure but not retarded. You are SEVERELY underestimating the entitlement shortfall. There is no way to cover the shortfall over the next several decades without drastically cutting back benefits. Many people have vouched for the fact that our true national debt, calculating in Social Security and Medicare liabilities is 100 Trillion dollars. The President of the Dallas Federal Reserve, Richard W. Fisher told everyone that this figure is accurate in a May 2008 speech.

Here is the whole speech: Storms on the Horizon - Dallasfed.org

Bill Walker wrote a short article about this problem. Here is an excerpt:

The truth of the matter is we cannot sustain this no matter what. We can cut back and let everyone know the government will not be able to provide these services long term, or we can drive off the cliff. Walker goes on:

Your fantasy of being able to tinker with the tax rate to cover the shortfall is pure nonsense. No serious thinkers believe that is possible. Everyone acknowledges the need for dramatically cutting benefits, as politically unpopular as that may be, to get back to solvency.

Here are more links defending that $100 Trillion figure:

http://www.cato.org/pub_display.php?pub_id=12082
Among experts over the past few years, the very lowball estimates for the unfunded liabilities have been estimated at 55 to 65 Trillion dollars. That is the low range. More and more people believe it is north of $100 trillion.

So that figure is very close to accurate from a variety of sources. We will be forced to cut back and not give out benefits to more and more people. Social Security is simply a Ponzi Scheme. I am 25, I am just starting out in my work life. I will pay into this system for thirty to forty years and receive nothing when I retire.

That is not fair. We need politicians with the courage to confront these problems head on.

:slight_smile: You need to stop betting with me, before we’re done here, you’ll owe me your life savings.

Seriously though, inflation is NOT good for the poor and middle class. What gave you that idea? If there is inflation, prices for goods and services go up, right?

Okay, if a person is very wealthy they don’t care if prices go up a little. It is irrelevant to them. But a poor person on a fixed income or on food stamps is hurt tremendously as there standard of living goes down. Shouldn’t this be obvious? Government fights so hard to hide the true rate of inflation so they don’t have to adjust benefits to match the level of inflation. The poor are screwed by inflation.

The value of homes was artificially high to begin with. I don’t want anyone to lose their homes, but I argued against the policies that built up this housing bubble in the first place. Do you see how the well motivated government policies end up hurting the very people they were designed to help?

These homes and “toxic” assets need to be allowed to find their true value in the marketplace. The government cannot keep the prices artificially high forever. There is no way to determine the value of things without a market mechanism of pricing.

For more on the negative effects of inflation on the average person, read this:

This was Ludwig von Mises, from Human Action.

Another short post from Tim Swanson asks “Who Benefits from Inflation?” and answers:

One more notable excerpt from the great Austrians demonstrates the harms of inflation on the poor:

Read the rest here: Inflation Destroys Savings | Bettina Bien Greaves

Your economic ideas are very Keynesian whether you know it or not. I have provided link after link to defend my positions. What really blows me away is that you say this: However, you’re in real trouble when you talk about address the “current crisis” because there isn’t any current crisis. The economy is not in a crisis right now. There’s a risk of crisis, namely a deflationary spiral, but that can be addressed with more government spending.

What do you think we have been dealing with since 08? Why is there so much anger in the country? What about the double digit employment numbers?

You think all problems are caused by a lack of government spending?

Where does it all end? You have demonstrated that you don’t care about the debt, inflation or spending. Any problem can be dealt with through government spending and deficits. This is Keynesian whether you like it or not.

And its completely false and utterly discredited among true thinkers.

You have to actually read what I link to. I have posted a lot of links and provided quite a few cites to back up what I have said. You will have to tell me exactly what cites you are requesting.

My library of economic literature and history is extensive, so I can easily provide back up for anything I say. I could provide a reading list for you as well, if you cared to spend the time.

Okay, first of all you believe it is the governments job to “protect” us from “health quackery”? Even if you endorse the notion that homeopathy and other kinds of alternative therapies are bullshit, you shouldn’t limit my, or anyone else’s right to use them.

Ron Paul is not endorsing homeopathy, but rather health freedom. Don’t you see the danger for government restricting access to certain kinds of medical treatments and alternative therapies? The abuse of such a system should be obvious.

Why do you care if I or another person seeks medical help from someone who you don’t like? Isn’t this what freedom is all about?

By the way, I know more about vaccinations and alternative medicine than most people, given how I was raised and through life experiences.

You make this leap that if I believe in alternative medicine or am skeptical about mandatory vaccination, that somehow invalidates my views on economics or social policy.

Of course this is bullshit, but it seems you like to focus on irrelevant points to mask your inability to form a cogent argument against the larger topic at hand.

Why don’t you support health freedom?

This is a Warning to avoid direct, personal insults in Great Debates.

[ /Moderating ]

I’ll call bullshit on that. The color of Obama’s skin is meaningless. The real issue is that he is a Marxist.

I think the real issue is you don’t have a clear idea what a Marxist is. :smiley:

Well, hell, let’s just put a dollar in the bank (or a fraction of an ounce of gold). Over the infinite horizon the interest alone will dwarf $100 trillion.

Understood and no argument - the warning was warranted

This

and this

are not compatible.

Chicken Pox can cause death, especially in infants and pregnant women. And as for the Flu:

Asiatic (Russian) Flu: 1889-1890

1,000,000 dead

Spanish Flu: 1918-1920
50,000,000 dead
Asian Flu: 1957-1958
2,000,000 dead
Hong Kong Flu: 1968-1969
1,000,000 dead
Swine Flu: 2009-August, 2010
18,209 dead
Guess which one of those there was a vaccine for?

Those comparisons are totally invalid. The definition of inflation is that as the number of people goes up, each one is worth less. Those 50,000,000 dead in 1920 was just a natural correction. And we predicted it would happen. Then Roosevelt prevented them from coming back to life.

Go read the internet, it’s all right there.

Austrian economics have not been discredited. There are still many Austrian economists around. That doesn’t mean it’s 100% correct, but even many non-Austrian economists give it partial credit for certain insights. Don’t forget, Hayek won a Nobel prize for aspects of Austrian theory.

It pains me to see a supporter of Austrian economics give opponents such a huge opening by associating it with ludicrous ideas as homeopathy and anti-vaccination quackery.

Out of curiosity, I decided to check in on the thread and noticed this. I’m sorry, but you’ve pretty much entirely missed the point of my objection. It isn’t that I don’t want to tackle a complex subject, or even that I don’t want to read your links (I’ve read most of them). Nor is it that I have a simplistic world view or don’t care about liberty. The problem, very simply, is that this is a shitty debate. Rather, this is a witnessing thread. Nothing wrong with that per se. Indeed, by forum rules, GD is the place for witnessing threads. But I’m no more required to give the thread credence than I would a similar one by a Young Earth Creationist. In your own mind, no doubt, you’ve bested all the infidels and proven the One Great Truth. To the rest of us, you’ve done no such thing. One could scarcely swing a cat in this thread without finding errors of economics, history and constituional theory. I’ve tried to point out a few of these, as have others, and you seem to think that so long as you bat back the ball, you’re winning. YECs think the same thing. They’re wrong too.

Stated a little differently, the problem is that you opened something like twenty Great Debates in one thread and don’t have the bandwidth to handle them all. As a consequence, the thread lacks coherence and anything like focus. If I thought you could be brought back from the abyss, I might try. But I have no confidence in that regard. So I conclude, reluctantly, that you’re a lost cause and move on. Not because I don’t care, but because I don’t see the game as worth the candle. Happily for you, there are other playmates. May you enjoy the game.

Wrong. You are free to use them if you want. You are not free to claim they have any medical value whatsoever. Nor should you or anyone else make money on snake oil.

I’ve heard the same stupid ‘freedom’ arguments used to squeeze religious teachings and creationism in school. The simple fact is no matter how much you try to weld the word ‘freedom’ to something it is still bullshit that has no place in certain fields.

Because when people like you promote quackery and snake oil it gets into the area of borderline murderous behavior, or waste of money and time at the very least. Think of it being beyond the point of where your right to swing your fist ends.

That is completely and utterly wrong and a perfect example of someone who overestimates their abilities. You have demonstrated multiple times in this thread that you don’t know anything about vaccines besides your hysterical reactions to them and what you cut and paste from anti-vax liar sites.

[QUOTE]

You make this leap that if I believe in alternative medicine or am skeptical about mandatory vaccination, that somehow invalidates my views on economics or social policy.

[QUOTE]

I do not claim that - I only note that it is an example of your lack of ability to evaluate evidence.

And yet despite this you keep coming back to defend an indefensible position.

Its not freedom, it is quackery and criminal.

Wow. What a storm of cliched craziness. It’s like the Katrina of bat-shit in this thread.

‘Why do you hate freedom?’. You’re seriously playing that card?

It’s the goverment’s job to protect people from being taken advantage of by medical quacks who claim unproven benefits for treatments that do not work, cannot work and have never, ever worked. Like Homeopathy.

And why is it the government’s job? Because nobody else will do it and people have the right to be free of exploitation by con-men preying on the desperate. But since you’re a Libertarian I guess you have no problem with that. Everyone is free to make their own decisions right? Even if they die because they believed some snake-oil salesman that said pure water was more effective for their cancer than chemotherapy?

Incidentally, if you want to know why Homeopathy ‘appears’ to work in some cases despite it being based on completely impossible junk science I suggest you read up on the placebo effect.