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What if Oscar, Bob Bogus, mudshark and SteveC got ahold of the LP?
Men, your thoughts.
Note: Spangler is both an intellectual and a ….get this…a former elected official of the LP. Yes, Spangler, an anarchist, ran and won public office.
Maybe this is the guy who should be on the LNC.
Spangler’s response: NO!
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© 2008 Stress. 
hi
not being a libertarian ( though sympathetic to some of the ideas ) nor a conservative i do not know much about many of the people as well as ideological in-fights .
it was how ever curious a while ago when beltway crowd got in the business of tarring Paul candidacy he floated an idea would it not be wonderful if the left-libertarians had an influential and big presence/ site like LRC . kind of as true face . what i found interesting was he did not say in place of BOTH LRC and beltway crowd ( reason et el ) . supporting state / wars / empire are fine with spangler ( or have place in his big tent for libertarians ) ?
…Isn’t this constipated Leftist, Spangler one of Ward Churchill’s compatriots at UC Boulder?
pmlol! as long as the machete continues on it’s wielding axis, there’s always hope that it will eventually lop off the festering tumors of pusillanimous kochtovitis and other crippling self-injecting parasites as the all-to-well-known… E.D.
Spangler makes a good point, but I tend to disagree with him. Yeah, we all only get so much ATP in life to split into ADP. How much is too much ATP spent on wasted efforts? Okay, so the well of the LP has been whizzed in by the likes of the Neil Boortzians. That does not mean that the well spring is contaminated. A few good purges and scrubbings may be all that is necessary…
True, party politics may be not where it’s at. But what is being fought over is the very name and label of “libertarian” in the mind of the public. One major battle front for that is, of course, in the LP. Because if the Neil Boortzians get to redefine the word via the LP, we lose. That means that whenever the person on the street hears “libertarian,” they will think “A Republican, only an Even Bigger Misanthrope Jerk.” Bad.
But such a strategy is only being on the defensive. We need to find a way to be on the offensive, to not only parry and dodge but lunge… How? I don’t know.
But really in all fairness, for me to have a properly formed opinion, I need to have a little chat with the luminous form of Obi-Wan-Rothbard, the patriarch of all that was good and true in the whole movement.
Good night.
Hah! They probably wouldn’t be able to stand a misanthrope like me. But if I had my way I sure as shit wouldn’t put up with the statist and warmongers who have infested the party.
So WAR is a motivational speaker! Another Matt Foley in a van down by the river? http://youtube.com/watch?v=lFPp5WfE-Yg
Who’s stupid enough to give WAR 15 grand to hear him speak?
I don’t think the average LP’er agrees with the statist and warmongers who are hijacking the party. At least that’s what it seems to me at the local level where I am although I’m not involved with the local party much but I do get their newsletter.
…I hope this Spangler’s better at Conflict Resolution than he is writing…He sounds like Pozo, one of Beckett’s characters in Waiting for Godot…He was the one who talked incessantly, and said nothing.
Scott:
Its 11:30PM EST…….In overnight trading gold is up $24 oz (to $1026 USD) so far…..I’ll be in scum suck NYC til 5PM tomorrow so I can’t really follow the intraday market activity (vis a vis gold / Bear Sterns, et al)……
I’ve been bullish on gold long term, but predicted a pull back at 960 oz to 910 or so before the move over $1K, so I fucked myself out of a nice piece of $$$$ in my trading account by selling and hoping to come back in a little cheaper….Luckily I’ve kept it buy and hold in my wife’s IRA so I didn’t totaly fuck myself………..
I believe the Fed is supposedl to meet Tuesday, which basically means it won’t do shit tomorrow….because if it did something dramatic the DAY BEFORE a Fed meeting it would mean panic…..
Ergo, the Fed MUST cut on TUESDAY……but……if it cuts 1/4 point Tuesday….there will be a SELLOFF…..but if it cuts 1/2 point Tuesday there should be a nice rally…for a day…maybe two or three…but it will give back all those gains over the next 2 or 3 or 4 weeks…..and the reality is the more you cut rates…the less room you have for cutting rates in the future……
Scott: The mortgages are a real problem….but not the biggest problem…..Its the derivatives…the Derivatives….Please do a show on the DERIVATIVES!
Apparently they COULD NOT WAIT until Tuesday…..below link obtained through Lewrockwell.com
http://www.marketwatch.com/news/story/fed-acts-sunday-prevent-global/story.aspx?guid=%7B43265631%2D1656%2D4697%2D8377%2D55F05D859B76%7D&dist=hplatest
Stevec, I too was stunned to see the overnight surge in gold. I haven’t seen anything like that on a Sunday night as long as I’ve been paying attention (about 5 months; still very much a newbie). This is a naive question, but are things really going to get worse economically speaking? Maybe if I had been cognizant during the inflationary recession (some say depression) of ‘72-’75, I could get a better grasp on things, but since I was still wetting the bed at that time, I’ve got no frame of reference. Lots of econo-heads are panicking but we all know that those schmuks are full of shit way too often to take seriously. What’s your take on where things are headed?
Btw, for what it’s worth and speaking of econo-heads, Gary North thinks the drop in the CPI for February means that were heading for a deflationary recession, not an inflationary one. The direction it goes will be important for gold. . . . maybe.
Stevec and Mikel, the Fed is trying to prevent a worldwide bank run. JP Morgan is buying Bear Stearns for 2 f’ing dollars a share. Just Thursday it was $57 a share. And Bear maybe just the beginning. We could wake up tomorrow to a world wide meltdown.
Stevec, the futures market had a 75 basis point cut baked in last week.
I’m not an economist by trade….but my head aint up my ass…..First….the Government Inflation numbers are BULLSHIT (and Cherrypicked to boot)…. North has been wrong about a number of things (economic and other) althougth that doesn’t ipso facto make him wrong about this….but I think he is….Is demand for raw supplies (oil, timber,etc) going to diminish in India, China….I think not.
The USGOV has already committed to rate cutting which eases the problem in the short run but creates bigger (and deeper) problems in the long run….Maybe the Bush administration is just hoping to keep the wheels on the vehicle until Jan…then let the whole thing collapse….on Obama’s or Hillary’s watch….
Note that we have a Currency Crisis….and McCain promises 100 years of more war…..and both Dem’s are pushing national Healthcare (and with a Dem House/Senate - THEY WILL GET IT)…..
Also….think of the Healthcare costs for the WOUNDED vets (which will be incurred 20 - 30 - 40 - 50 more years!)….
Also….think of how Bush expanded Medicare Prescription coverage - without even MEANS testing….
You aint seen Nothing Yet…..
Stevec, the futures market had a 75 basis point cut baked in last week.
If thats the case the Fed will have to do $1 just to stop the hemorraging……but that will bring rates to what 2% or something….
At 2% rates, they won’t have much room for FUTURE rate cuts…… So its a point of diminishing returns…..
BB:
My main fear (although it is a fear) is NOT the mortgages…because at least there is a tangible asset behing the mortgage….a piece of property….but the freaking derivitives is all speculative and leveraged to what 10:1…100:1…..1000:1…..
I remember some years ago when wealthy Orange County (CA) went bankrupt (Ch 9 - I think)…and 60 Minutes had some economic PHD’s on who could not clearly explain why…or what a derivative is….or how it is valued….
I’ll bet half the fucks buying and selling that shit can’t even explain what they are buying or selling….or how to Value a derivative properly.
I have no idea what a derivative is. . . . and I get the feeling that no one really, truly understands how human economies work. It’s a big guessing game. I just hope that metals at least keep up with inflation for at least the medium term. . . .
In this country the Fed and the politicians have created a situation so savers can’t stay ahead of inflation and taxes. People have to put their money into something else or else they are guaranteed to lose money.
At this point it seems a foregone conclusion that the Fed has decided to risk sacrificing the dollar in order to try to save the bankers but that may be futile. In the end both may be destroyed.
and it’s hard if it hits… on your nose.
Gold Advances to Record in Asian Trading as U.S. Dollar Plunges
JPMorgan Buys Bear Stearns for $2 a Share After Clients Flee
Fed Takes New Steps to Ease Crisis
If the gold price doesn’t fall back and continues upward for a while, watch the silver, and especially the platinum and palladium trades too.
Do you get the feeling that it’s all starting to hit the fan, now? We’re now taking the steps to survive a long disruption in the basic necessities of modern life. I recommend you all do the same.
http://www.dailyreckoning.com.au/credit-crisis-is-inflationary/2008/03/17/
yup, sure looks that way, Oscar.
Foreign investors veto Fed rescue
Do you have any recommendations for how to get into gold? I know, it’s kind of like getting off the Titanic after the ship’s already broken apart, but at least I don’t have any debt (except the dollars themselves). I’m starting up an account that’s more or less like a bank account, but I’m not sure what else I should get into. I don’t know a great deal of investments, so the information I found left me more confused.
Troy,
The simplest and most secure way is to just go to your local coin shop and throw down the cash for gold and silver coins. You can buy gold stocks but it’s not the same as physical metals. Many gold stocks have lately been performing very well, but keep in mind that you can lose all your money with that route, whereas physical will always be worth something. Some say that getting hung up on the price of metals is a mistake and that one should instead think of the purchasing power of an ounce gold which is very stable over time. Under this view it is never too late to get into the market because what you’re buying is primarily a hedge against inflation. However, if you don’t have the $$ to buy in then it is too late. Silver is still pretty cheap, all things considered. Good luck.
Shawn Fookes
Gold Investment Group
800-321-7247
Troy,
One other thing. There’s always the possibility, thought remote, of another government confiscation of gold. Do as much as you can to maintain your privacy regarding your metals. The less of a paper (or electronic) trail that follows your holdings the better. More likely that thieves will take it, but there’s lots you can do to lower that risk.
…Hide it in your mattress, or, if you live in the rural parts? Bury it under some Chicken Coops…Or become a true atavist and bury it out on Gardiner’s Island, like Captain Kidd did…Could y’all imagine a run on the Banks? Think about it: Federal Deposit Insurance Corporation is only good for a lousy $100,000.00…while projected costs for the continued War of Occupation in Iraq alone are said to be $5 Trillion—Go figure? Because paper’s becoming worth less and less right in front of your eyes, maybe that’s why Bernanke said he’d “Dump bales Federal Reserve notes out of Helicopters” if he had to…Brilliant huh? Inflation also effects the retail cost of toilet paper.