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Bob Barr: American Economy
Santa Cruz 05-13-2008, 11:36 AM | Post #2517399 |  22 Replies
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Bob Barr: American Economy
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Re: Bob Barr: American Economy
HettyGreen 05-13-2008, 2:33 PM | Post #2517450
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SC, I'm picking up subtle clues here.  You are thinking of supporting Mr. B., perchance?

;)

Hetty

Can't Git Nothin' Past Hur 

Re: Bob Barr: American Economy
Santa Cruz 05-13-2008, 2:57 PM | Post #2517457
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HettyGreen:

SC, I'm picking up subtle clues here.  You are thinking of supporting Mr. B., perchance?

;)

Hetty

Can't Git Nothin' Past Hur 

Me and a FEW, a VERY FEW others.

 

Re: Bob Barr: American Economy
mwleach 05-13-2008, 8:16 PM | Post #2517553
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I doubt I can win you back SC - though I will keep trying. 

Just a question:  Hypothetically speaking, what if John McCain selected Huckabee as his running mate and made support of FairTax one of his campaign issues.  Would that win you over?  (I concede that is not going to happen - perhaps unfortunately, but it will take more years of laying the groundwork.  But what if it were to happen now?)

MWL

Re: Bob Barr: American Economy
Santa Cruz 05-13-2008, 8:28 PM | Post #2517557
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back in 92

I voted for Perot

BushI said read my lips

I did

he lied

I can not vote for McCain he is NOT a conservative.

I must vote for Bob Barr.

Government is the problem NOT the solution.

I am fiscal conservative and socially liberal.

I can not vote for Obama or McCain.

Bob Barr wants to blow away the Federal Reserve and the IRS that is music to my ears. 

 

 

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Re: Bob Barr: American Economy
Mark49 05-13-2008, 8:55 PM | Post #2517569
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Barr implies that the Fed should be politicized. Several times he is critical that the Fed  is unelected. If we politicized the Fed, the results would be disastrous. Barr is dead wrong on this. He said that the economy was fine before the creation of the Fed. Over time, he is right, but what he doesn't tell you is the frequency and the magnitude of the booms and busts in the 1800's. The Fed does have the ability to smooth out the economic cycle through managing the supply of money, which it controls through interest rates.

Mark 

Re: Bob Barr: American Economy
mwleach 05-13-2008, 9:09 PM | Post #2517578
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SC, I too voted for Perot in '92.  For pretty much the same reasons you did.

BTW, I also voted for Roger McBride (the Libertarian) in the Ford-Carter race in 1976.

Since I became old enough to vote in 1968, no Republican has ever been elected President without my vote.

If this was four years from now and Iraq (and possibly Afganistan) were more stable, I might just join you.  However, with the nation still in the early, crucial stages of World War IV against Islamist totalitarianism, I simply do not feel we can afford to take the risk of a President Obama this time around.

We are also likely to see two Supreme Court Justices retire in the next four years.  Who would you rather see appoint their replacements?  Someone who holds out Ruth Bader Ginzburg (!!!) as an ideal justice?  Those are desisions that could possibly affect the nation beyond our lifetimes.

McCain nees the support of most conservatives to win.  But he can't win only with conservatives.  He needs support of moderates and independents as well.  He's bucking a headwind - this is no 1980.

All I ask is that you continue to think about it as the campaign rolls on.  Best regards as always.

MWL

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Re: Bob Barr: American Economy
Santa Cruz 05-13-2008, 9:10 PM | Post #2517579
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Mark49:

Barr implies that the Fed should be politicized. Several times he is critical that the Fed  is unelected. If we politicized the Fed, the results would be disastrous. Barr is dead wrong on this. He said that the economy was fine before the creation of the Fed. Over time, he is right, but what he doesn't tell you is the frequency and the magnitude of the booms and busts in the 1800's. The Fed does have the ability to smooth out the economic cycle through managing the supply of money, which it controls through interest rates.

Mark 

Hi Mark you are quit correct!

But If I was give a choice between the current

Fed , a computer  and NO fed at all.

I would select

1) a computer to set interest rates

or

2) no fed

or

3) fed

I would select the computer or NO fed. 

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Re: Bob Barr: American Economy
Santa Cruz 05-13-2008, 9:15 PM | Post #2517584
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mwleach:

SC, I too voted for Perot in '92.  For pretty much the same reasons you did.

BTW, I also voted for Roger McBride (the Libertarian) in the Ford-Carter race in 1976.

Since I became old enough to vote in 1968, no Republican has ever been elected President without my vote.

If this was four years from now and Iraq (and possibly Afganistan) were more stable, I might just join you.  However, with the nation still in the early, crucial stages of World War IV against Islamist totalitarianism, I simply do not feel we can afford to take the risk of a President Obama this time around.

We are also likely to see two Supreme Court Justices retire in the next four years.  Who would you rather see appoint their replacements?  Someone who holds out Ruth Bader Ginzburg (!!!) as an ideal justice?  Those are desisions that could possibly affect the nation beyond our lifetimes.

McCain nees the support of most conservatives to win.  But he can't win only with conservatives.  He needs support of moderates and independents as well.  He's bucking a headwind - this is no 1980.

All I ask is that you continue to think about it as the campaign rolls on.  Best regards as always.

MWL

If I was old enough to vote, 72 I think, I would have voted for McGovern I told my Grandfather this he was appalled.

I am sure out of  all the people here my move to the right has been the hardest.

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Re: Bob Barr: American Economy
mwleach 05-13-2008, 9:16 PM | Post #2517585
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As the great Milton Friedman pointed out, a computer to set monetary policy might just work fine.

Your #1 sounds good to me too.

But we don't get three choices.  We only get two:

1.  Fed (The current fed, with all its imperfections).

2.  No fed  (but with monetary policy set by an agency created by, and acting at the wim, of Congress)

That makes it a tougher choice ;-)

MWL

Re: Bob Barr: American Economy
mwleach 05-13-2008, 9:19 PM | Post #2517587
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If I was old enough to vote, 72 I think, I would have voted for McGovern I told my Grandfather this he was appalled.

I am sure out of  all the people here my move to the right has been the hardest.

At least you went in the right direction,  SC.  Though still too young to vote, I supported LBJ in 1964 over Goldwater.  How appaling is that?  I too learned as time went by.

MWL

Re: Bob Barr: American Economy
Santa Cruz 05-13-2008, 9:21 PM | Post #2517588
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mwleach:

As the great Milton Friedman pointed out, a computer to set monetary policy might just work fine.

Your #1 sounds good to me too.

But we don't get three choices.  We only get two:

1.  Fed (The current fed, with all its imperfections).

2.  No fed  (but with monetary policy set by an agency created by, and acting at the wim, of Congress)

That makes it a tougher choice ;-)

MWL

You either believe in the free market or you do not.

The Fed does NOT. 

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Re: Bob Barr: American Economy