What contract was broken when the administration loosened the money supply to successfully avoid another Great Depression?
Please recite the parties to the contract and the plaintiff's efforts, presumably through legal action, to enforce it.
Essential Economics for Politicians
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Please recite the parties to the contract and the plaintiff's efforts, presumably through legal action, to enforce it.
Bruddah IZ
DA
There is in all of us a strong disposition to believe that anything lawful is also legitimate. This belief is so widespread that many persons have erroneously held that things are "just" because laws make them so. Thus in order to make plunder appear just and sacred to many consciences, it is only necessary for the law to decree and sanction it.--Frederic Bastiat writing on government-sanctioned counterfeiting: 1. governmentpaper money and fractional reserve banking
I am bumping this question.
No contract was broken? You just lied? And you weren’t even responsive to Laced’s accurate point about contracts? Not the sharpest tool in the shed, are ya’? Are you mad because you can’t get a private sector job?
Bruddah IZ
DA
Easy bumpy. This is probably above your understanding. Hence your question....
If you’re so confident in your position then state the facts in a post.
It appears you aren’t, thus the open ended prod.......
Another “ Messy “ post.....
He said the government “abrogates” contracts as the did with QE, I just asked him what contract?
When I was a kid, a neighbor kid had gone with his dad one day to his truck-driver job. During the day, the dad bought brake fluid at a gas station and poured it into the truck's bf reservoir. Whenever we played cars and trucks in the mud after that, the kid would bring up every few minutes that he had to add some brake fluid.
The invocation of "QE" is Izzy's equivalent of the kid's focus on brake fluid - it's the only sophisticated economics term he knows.
(We eventually told the kid he needed to get his truck's brakes fixed)
So far he’s proven inept at economics and finance and now “contracts.” I’m hoping he starts discussing sports so he can hit the trifecta. After all, his avatar is a guy of about 600 lbs.
Sheriff Joe
DA
So now you are a contract expert? Is there anything you don't know? Besides politics and finance that is.
Bruddah IZ
DA
Counterfeiting money.
Bruddah IZ
DA
Fries u grads are good with government counterfeiting money for the benefit of the rich. Never mind the contract. Never mind the fact that you lost equity when interest rates increased.
Hüsker Dü
DA
Do you always suck cock, or just in here?
Bruddah IZ
DA
QE is sophisticated? Lol!
Bruddah IZ
DA
Lovers quarrel.
Bruddah IZ
DA
Great story though. The brakes were totally shot for 6 of Obama’s 8 years. I guess we could say the brake fluid was the QE!! I always love your grampish analogy that oppose your own intent. Self proclaimed that is.
Sheriff Joe
DA
That's a lot.
Sheriff Joe
DA
I can't help it, I am irresistible, even to homos like homo du.
Sheriff Joe
DA
OBVI, Fries U grad.
Keep up, big fella.
One guy said that the government is involved in our economy via judicial enforcement of contracts.
A dumb guy responded "the government abrogates contracts," e.g. QE.
I asked him what contracts that abrogates. Who were the parties? Was there a plaintiff in any claim under that contract?
Do you think you have to be a contract expert to ask those questions?