Rick Perry channelling Ron Paul

Page 2 - Seeking answers? Join the AnandTech community: where nearly half-a-million members share solutions and discuss the latest tech.

xj0hnx

Diamond Member
Dec 18, 2007
9,262
3
76

Tangerines

Senior member
Oct 20, 2005
304
0
0
- The job of the Fed is to control the money supply. Expansionary monetary policy is commonly used during recessions to stimulate aggregate demand. In effect, Perry is telling the Federal Reserve not to do anything about the recession we're currently facing.

- The Federal Reserve does not "play politics". The Federal Reserve is independent from the government. Besides, Bernanke was appointed by Bush, who is ideologically similar to Perry.

- This sort of rhetoric sounds good to people who have no idea how the economy (or Federal Reserve) operates, but makes no goddamn sense in reality.
 

First

Lifer
Jun 3, 2002
10,518
271
136
- The job of the Fed is to control the money supply. Expansionary monetary policy is commonly used during recessions to stimulate aggregate demand. In effect, Perry is telling the Federal Reserve not to do anything about the recession we're currently facing.

- The Federal Reserve does not "play politics". The Federal Reserve is independent from the government. Besides, Bernanke was appointed by Bush, who is ideologically similar to Perry.

- This sort of rhetoric sounds good to people who have no idea how the economy (or Federal Reserve) operates, but makes no goddamn sense in reality.

This pretty much ends this thread. Well said.
 

Jaskalas

Lifer
Jun 23, 2004
35,093
9,213
136
- The job of the Fed is to control the money supply. Expansionary monetary policy is commonly used during recessions to stimulate aggregate demand. In effect, Perry is telling the Federal Reserve not to do anything about the recession we're currently facing.

- The Federal Reserve does not "play politics". The Federal Reserve is independent from the government. Besides, Bernanke was appointed by Bush, who is ideologically similar to Perry.

- This sort of rhetoric sounds good to people who have no idea how the economy (or Federal Reserve) operates, but makes no goddamn sense in reality.

The Fed has done quite enough already! The only sense is to stop them from harming us more.
 

irishScott

Lifer
Oct 10, 2006
21,562
3
0
It's quite simple guys. If Perry is elected and goes off his rocker the Democrats will take congress and we'll have the gridlock we have now. So frankly I'm not that scared. Wouldn't vote for him at present, but if he does get the election the sky isn't going to fall any faster than it did under Bush or Obama.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
It's quite simple guys. If Perry is elected and goes off his rocker the Democrats will take congress and we'll have the gridlock we have now. So frankly I'm not that scared. Wouldn't vote for him at present, but if he does get the election the sky isn't going to fall any faster than it did under Bush or Obama.

You should be scared of the damage he'll do in the two years with a GOP congress that pushed the nation to the brink of default in 6 months.
 

irishScott

Lifer
Oct 10, 2006
21,562
3
0
You should be scared of the damage he'll do in the two years with a GOP congress that pushed the nation to the brink of default in 6 months.

Much the same way your counterparts told me to fear Obama with a Democrat congress, or are you afraid the GOP will have more balls?
 

Generator

Senior member
Mar 4, 2005
793
0
0
It's interesting to see the MSM and RINOs wringing their hands over Perry's comments and "cautioning" him to be careful or he'll ah heck his chances (lol as if they cared). People are eating these kind of things up and that's why Perry has already scorched Romney in polls. On the other hand, the more Obama talks trash the more he sinks. Perry was not my first choice but he's a good campaigner.

Shocking isn't it? About the idea that the Fed isn't political...SHUT THE FRONT DOOR!

Perry's masters probably have to put a little more training into this dog.
 

Double Trouble

Elite Member
Oct 9, 1999
9,270
103
106
- This sort of rhetoric sounds good to people who have no idea how the economy (or Federal Reserve) operates, but makes no goddamn sense in reality.

Yep, I think people make way to much of these kinds of statements/speeches. Sound bytes are meant to fire up the base and get the people buzzing, they are not intended to have any actual policy impact. If for some reason Perry were to be the president, I have absolutely no doubt there would be no major change to the fed, just like there wasn't under prior conservative presidents.
 

airdata

Diamond Member
Jul 11, 2010
4,987
0
0

I see a thread claiming Perry says republicans care more about the election that the economy.

I see my thread being about Rick Perry essentially stealing one of Ron Paul's main campaign issues.

My thread is about how people think Ron Paul is crazy... so crazy that Rick Perry is going to come out and use Paul's talking points. So crazy that people who think Paul is crazy will think Perry is sane while saying the same things.

So you see... it's clearly a different thread from the one you linked. Good day sir.
 

momeNt

Diamond Member
Jan 26, 2011
9,290
352
126
- The job of the Fed is to control the money supply. Expansionary monetary policy is commonly used during recessions to stimulate aggregate demand. In effect, Perry is telling the Federal Reserve not to do anything about the recession we're currently facing.

- The Federal Reserve does not "play politics". The Federal Reserve is independent from the government. Besides, Bernanke was appointed by Bush, who is ideologically similar to Perry.

- This sort of rhetoric sounds good to people who have no idea how the economy (or Federal Reserve) operates, but makes no goddamn sense in reality.

Going from about like 5 other threads on the front page at this time, none of this has really been settled by the leading economists of our time. For every economist you can find in support of the existence of the Fed, there is one who is against.
 

Nebor

Lifer
Jun 24, 2003
29,582
12
76
For every economist you can find in support of the existence of the Fed, there is one who is against.

False. The vast majority of economists believe the Fed to be hugely beneficial, if not essential to our monetary\fiscal system. There are a few loud crackpots that disagree.
 

momeNt

Diamond Member
Jan 26, 2011
9,290
352
126
False. The vast majority of economists believe the Fed to be hugely beneficial, if not essential to our monetary\fiscal system. There are a few loud crackpots that disagree.

Hey let's all just make claims we haven't actually researched, life would be a lot easier.

What I'm saying is that it is a point of contention between economists. And yes Milton Friedman was a very very loud crackpot, probably one of only 5 who wanted to abolish the fed, the other 4 were all Austrian economists... /sarcasm.
 

IceBergSLiM

Lifer
Jul 11, 2000
29,932
3
81
Yep, extremely biased. You know who to vote for, the one the media attacks the most. Perry WILL be your next president and it is scaring the life out of them. Good.

Written before Perry announced bid:

http://www.infowars.com/bilderberg-approved-perry-set-to-become-presidential-frontrunner/


sarcasm? Rick Perry is as establishment as it gets. He is not the most attacked by the media. If he is doing anything to align himself with Ron Paul its a definite signal Ron Paul is the one the establishment is scared of.

Rick Perry = status quo
 

First

Lifer
Jun 3, 2002
10,518
271
136
Hey let's all just make claims we haven't actually researched, life would be a lot easier.

What I'm saying is that it is a point of contention between economists. And yes Milton Friedman was a very very loud crackpot, probably one of only 5 who wanted to abolish the fed, the other 4 were all Austrian economists... /sarcasm.

It's always humorous to find that libertarians don't know as much about their supposed sages as they claim. Reality is Friedman's opposition to the Fed was nowhere near concrete and he often said, in fact, that he wanted the Fed to exist solely to increase the money supply on a yearly basis because, as a monetarist, he realized the importance of increasing or decreasing the supply of money (at a constant rate, though I think that's a bit idealistic) based on whether there was market price deflation or inflation. He was only opposed to the idea in an ideal world which, of course, doesn't exist except in pure libertarian dogma.
 

sm625

Diamond Member
May 6, 2011
8,172
137
106
Looks like Rick Perry is taking one of Ron Paul's major issues as his own. I'm waiting for people who call Ron Paul crazy to come and side w\ Perry on the same stances so I can laugh at them.

Why laugh at them when the joke is on you. People like Rick Perry will say whatever they have to to get elected. Look what Bush said, then look what he did. The agenda will not stop for Perry. I am not even convinced it will stop for Paul. That is why people have to wise up and look for material that predates the election season. And in the case of people who have a record, actually look at that record. Texas is one of the better states though. But I dont think it has anything to do with their Governers.
 

momeNt

Diamond Member
Jan 26, 2011
9,290
352
126
It's always humorous to find that libertarians don't know as much about their supposed sages as they claim. Reality is Friedman's opposition to the Fed was nowhere near concrete and he often said, in fact, that he wanted the Fed to exist solely to increase the money supply on a yearly basis because, as a monetarist, he realized the importance of increasing or decreasing the supply of money (at a constant rate, though I think that's a bit idealistic) based on whether there was market price deflation or inflation. He was only opposed to the idea in an ideal world which, of course, doesn't exist except in pure libertarian dogma.

Not sure what your point is. The point I was trying to make was that the Fed as it acts now is not seen by all economists as the right way to operate.

I'd hope we all understand that economists generally are able to discuss ideals as well as practical courses of actions.

Reason magazine interview with Friedman

http://reason.com/archives/1995/06/01/best-of-both-worlds/4

The difference between me and people like Murray Rothbard is that, though I want to know what my ideal is, I think I also have to be willing to discuss changes that are less than ideal so long as they point me in that direction. So while I'd like to abolish the Fed, I've written many pages on how the Fed, if it does exist, should be run.
 

First

Lifer
Jun 3, 2002
10,518
271
136
Not sure what your point is. The point I was trying to make was that the Fed as it acts now is not seen by all economists as the right way to operate.

I'd hope we all understand that economists generally are able to discuss ideals as well as practical courses of actions.

Reason magazine interview with Friedman

http://reason.com/archives/1995/06/01/best-of-both-worlds/4

Right, just 95%+ of all economists. Bottomline is no one is taken seriously when they talk about abolishing the Fed. Friedman understands very well the impractical implications of abolishing the Fed, because he wasn't so blinded by ideology the way, say, Rothbard was.
 

theeedude

Lifer
Feb 5, 2006
35,787
6,197
126
Much the same way your counterparts told me to fear Obama with a Democrat congress, or are you afraid the GOP will have more balls?

Balls and no brains that Republicans have is a lot more dangerous than brains and no balls that the Democrats have.
Republicans having the balls to do stupid stuff is what got is into the mess we are in. Democrats not having the balls to do the smart stuff is what's keeping us from getting out, but at least they are keeping the mess from getting worse. Last ballsy thing GOP did got our credit rating downgraded.
 
Last edited:

zinfamous

No Lifer
Jul 12, 2006
111,599
30,859
146
Yep, I think people make way to much of these kinds of statements/speeches. Sound bytes are meant to fire up the base and get the people buzzing, they are not intended to have any actual policy impact. If for some reason Perry were to be the president, I have absolutely no doubt there would be no major change to the fed, just like there wasn't under prior conservative presidents.

and there you go. I really don't understand why people accept politicians who do nothing but appeal to the mass uninformed, by re-confirming their mass ignorance.

I get it in the sense of numbers, but why should we allow these nonsensical debates that equal nothing continue on as if they were somehow relevant? Would it not be better to address actual issues and the reality behind them, rather than create populist arguments that have no basis in reality or simple common sense, and allow the ave voter to continue on being perpetually uninformed about the real issues.

Is it not true that an informed voter is a better citizen? While I think both parties are certainly guilty of this, the previous decade+ of the republican party has seemed to cow-tow to these idiots more than the dems, hence the easy insurgence of the neo-cons, and of course the teabaggers.
 

momeNt

Diamond Member
Jan 26, 2011
9,290
352
126
Right, just 95%+ of all economists. Bottomline is no one is taken seriously when they talk about abolishing the Fed. Friedman understands very well the impractical implications of abolishing the Fed, because he wasn't so blinded by ideology the way, say, Rothbard was.

Eh, whatever you say boss, fact is Friedman would want the Fed to simply be a computer that would compute the quantity of money needed in the system to keep prices stable, so even his practical standpoint is wildly different than how the Fed operates now.

I think that the idea of abolishing the Fed has gotten a lot more mainstream the past few years though to be honest. That's why now 2 of the candidates, Gingrich and Perry, advocate abolishing it or taking a seriously hard look at how it operates.
 

Thump553

Lifer
Jun 2, 2000
12,833
2,620
136
Perry's not the sharpest tool in the shed by any means, but he is FAR from the least intelligent human to ever run for any public office. Besides the Dali71 posted, there's Alvin Greene, and Hank Johnson that both make him look extremely intelligent.

http://www.youtube.com/watch?v=_HER2pGdAak

http://www.youtube.com/watch?v=OMy-g-dlkZI&feature=fvst

The word out of Texas is Perry is just like George W Bush, just less intelligent and prettier.

I think the point Perry was trying to make was that he doesn't want the Fed to do anything before the election that would help end the recession and restart employment. His comments were directed at Bernacke (a Republican appointed by GWB), not the institution of the Fed.
 

zinfamous

No Lifer
Jul 12, 2006
111,599
30,859
146
Eh, whatever you say boss, fact is Friedman would want the Fed to simply be a computer that would compute the quantity of money needed in the system to keep prices stable, so even his practical standpoint is wildly different than how the Fed operates now.

I think that the idea of abolishing the Fed has gotten a lot more mainstream the past few years though to be honest. That's why now 2 of the candidates, Gingrich and Perry, advocate abolishing it or taking a seriously hard look at how it operates.

...which is what makes then irrelevant, policy-wise.

taking a look at how it operates is one thing, but the mere suggestion of abolishing it is pure lunacy. Again, jsut another part of the base that honestly deserves no attention--much less representation.
 
sale-70-410-exam    | Exam-200-125-pdf    | we-sale-70-410-exam    | hot-sale-70-410-exam    | Latest-exam-700-603-Dumps    | Dumps-98-363-exams-date    | Certs-200-125-date    | Dumps-300-075-exams-date    | hot-sale-book-C8010-726-book    | Hot-Sale-200-310-Exam    | Exam-Description-200-310-dumps?    | hot-sale-book-200-125-book    | Latest-Updated-300-209-Exam    | Dumps-210-260-exams-date    | Download-200-125-Exam-PDF    | Exam-Description-300-101-dumps    | Certs-300-101-date    | Hot-Sale-300-075-Exam    | Latest-exam-200-125-Dumps    | Exam-Description-200-125-dumps    | Latest-Updated-300-075-Exam    | hot-sale-book-210-260-book    | Dumps-200-901-exams-date    | Certs-200-901-date    | Latest-exam-1Z0-062-Dumps    | Hot-Sale-1Z0-062-Exam    | Certs-CSSLP-date    | 100%-Pass-70-383-Exams    | Latest-JN0-360-real-exam-questions    | 100%-Pass-4A0-100-Real-Exam-Questions    | Dumps-300-135-exams-date    | Passed-200-105-Tech-Exams    | Latest-Updated-200-310-Exam    | Download-300-070-Exam-PDF    | Hot-Sale-JN0-360-Exam    | 100%-Pass-JN0-360-Exams    | 100%-Pass-JN0-360-Real-Exam-Questions    | Dumps-JN0-360-exams-date    | Exam-Description-1Z0-876-dumps    | Latest-exam-1Z0-876-Dumps    | Dumps-HPE0-Y53-exams-date    | 2017-Latest-HPE0-Y53-Exam    | 100%-Pass-HPE0-Y53-Real-Exam-Questions    | Pass-4A0-100-Exam    | Latest-4A0-100-Questions    | Dumps-98-365-exams-date    | 2017-Latest-98-365-Exam    | 100%-Pass-VCS-254-Exams    | 2017-Latest-VCS-273-Exam    | Dumps-200-355-exams-date    | 2017-Latest-300-320-Exam    | Pass-300-101-Exam    | 100%-Pass-300-115-Exams    |
http://www.portvapes.co.uk/    | http://www.portvapes.co.uk/    |