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Cu Math
Senator
 
Posts: 3503
Founded: Mar 12, 2012
Corporate Police State

Postby Cu Math » Wed Sep 04, 2013 8:39 pm

Gunstan wrote:
Blasveck wrote:
Source all that please.

And please, don't forget about the two longest depressions in American history during that time period as well.




Dont forget about the 11 reccesions since 1913, including the Great Depression idioto.

Recessions are normal parts of an economic cycle! Open a damn econ book and read!
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The Nuclear Fist
Post Czar
 
Posts: 33214
Founded: May 02, 2010
Ex-Nation

Postby The Nuclear Fist » Wed Sep 04, 2013 8:39 pm

Pavlostani wrote:
The Nuclear Fist wrote:I support a weasel-based currency and you should too! *nods*


Now you have to run for president and bring us to the weasel standard.

Vlad 2016: A merciful death to your crops and cattle.
[23:24] <Marquesan> I have the feeling that all the porn videos you watch are like...set to Primus' music, Ulysses.
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And you touch the distant beaches with tales of brave Ulysses. . .
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The lepearchauns
Diplomat
 
Posts: 548
Founded: Feb 05, 2007
Left-Leaning College State

Postby The lepearchauns » Wed Sep 04, 2013 8:41 pm

Gunstan wrote:
Blasveck wrote:
Source all that please.

And please, don't forget about the two longest depressions in American history during that time period as well.




Dont forget about the 11 reccesions since 1913, including the Great Depression idioto.


sigh* and this is why we cant have a nice country...
Lep

Former CoDF/ Vice Chancellor, FRA
Former Delegate, South Pacific
Former being of awesomeness, everywhere


Kogvuron, the answer to how long you owned my signature from the IPO auction is apparently 9 months

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Cannot think of a name
Postmaster of the Fleet
 
Posts: 27835
Founded: Antiquity
Civil Rights Lovefest

Postby Cannot think of a name » Wed Sep 04, 2013 8:41 pm

The Nuclear Fist wrote:
Cu Math wrote:Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.

I support a weasel-based currency and you should too! *nods*

"Hey hey hey, what the fuck is this? Some hippy is trying to pass this ferret off as a weasel to pay his rent. What do you think this is, Humboldt?"
Everything for the cat.

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Bering
Postmaster-General
 
Posts: 12711
Founded: Aug 25, 2012
New York Times Democracy

Postby Bering » Wed Sep 04, 2013 8:41 pm

The Nuclear Fist wrote:
Pavlostani wrote:
Now you have to run for president and bring us to the weasel standard.

Vlad 2016: A merciful death to your crops and cattle.

You have my vote :p
Human Beings are humans, not property. Corporations, (Corporate Property), is property; it is not a human being. Once we understand these two simple concepts, we can move on as a society. - Shofercia

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Desocia
Attaché
 
Posts: 86
Founded: Mar 30, 2013
Ex-Nation

Postby Desocia » Wed Sep 04, 2013 8:41 pm

Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)

Congress seems to have few options

1. Let the government run out of money.

2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)

3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.).



Let the government run out of money. It will take the American government to slowly die to actually realize its in debt and it has to pay it. Raising the debt ceiling accomplishes nothing but larger debt down the rode. On the other hand, we could end the 2 trillion dollar war in the Middle East and sell off some military hardware. I am not too fond of selling our land though.
IMPEACH LENIN, LEGALIZE CORPORATISM, COMMUNISM IS THEFT. BENITO MUSSOLINI 1922


Political Compass Results:
Economic Left/Right: -3.12
Social Libertarian/Authoritarian: 2.51

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Desocia
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Posts: 86
Founded: Mar 30, 2013
Ex-Nation

Postby Desocia » Wed Sep 04, 2013 8:44 pm

And we shouldn't be so involved in the world like we have been since 1945.
IMPEACH LENIN, LEGALIZE CORPORATISM, COMMUNISM IS THEFT. BENITO MUSSOLINI 1922


Political Compass Results:
Economic Left/Right: -3.12
Social Libertarian/Authoritarian: 2.51

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The lepearchauns
Diplomat
 
Posts: 548
Founded: Feb 05, 2007
Left-Leaning College State

Postby The lepearchauns » Wed Sep 04, 2013 8:45 pm

Desocia wrote:
Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)

Congress seems to have few options

1. Let the government run out of money.

2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)

3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.).



Let the government run out of money. It will take the American government to slowly die to actually realize its in debt and it has to pay it. Raising the debt ceiling accomplishes nothing but larger debt down the rode. On the other hand, we could end the 2 trillion dollar war in the Middle East and sell off some military hardware. I am not too fond of selling our land though.


While letting the government slowly die would bankrupt millions of government employees....finally someone sees the true answer to all this. How buot we make some logical cuts. Shif funding to things that need it and use whats left to cut the debt. However, the debt ceiling needs to be raised until someone finally manages to do that in order to keep the MILLIONS employed by the government paid
Lep

Former CoDF/ Vice Chancellor, FRA
Former Delegate, South Pacific
Former being of awesomeness, everywhere


Kogvuron, the answer to how long you owned my signature from the IPO auction is apparently 9 months

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The Nuclear Fist
Post Czar
 
Posts: 33214
Founded: May 02, 2010
Ex-Nation

Postby The Nuclear Fist » Wed Sep 04, 2013 8:45 pm

Desocia wrote:And we shouldn't be so involved in the world like we have been since 1945.

The US has always been pretty interventionist.
[23:24] <Marquesan> I have the feeling that all the porn videos you watch are like...set to Primus' music, Ulysses.
Farnhamia wrote:You're getting a little too fond of the jerkoff motions.
And you touch the distant beaches with tales of brave Ulysses. . .
THE ABSOLUTTM MADMAN ESCAPES JUSTICE ONCE MORE

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The Serbian Empire
Khan of Spam
 
Posts: 58026
Founded: Apr 18, 2012
Ex-Nation

Postby The Serbian Empire » Wed Sep 04, 2013 8:45 pm

Regnum Dominae wrote:Of course we should raise the debt ceiling. Debt is perfectly harmless as long as GDP growth is greater than debt growth.

The problem is that the debt is growing faster than the GDP growth.
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Jagalonia
Senator
 
Posts: 4921
Founded: Jun 22, 2010
Ex-Nation

Postby Jagalonia » Wed Sep 04, 2013 8:45 pm

The Nuclear Fist wrote:
Gunstan wrote:Not in the short term, but in the long term, with real money backed with real gold, we had the biggest boom in the economy one could imagine, yep, this is why you should not expect to see a guilded age with this rate the money is being devalued.

The gilded age was terrible, I'm not sure why you would want it back.

And source on Jackson's policies having long term benefits? I'm relatively certain economic collapse is bad.

No, no. Economic collapse is a good thing. Every country strives towards it.
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
Ifreann wrote:
Computer Land wrote:I don't want someone hacking my fridge :meh:

fridge.setTempC(100);
sysout("I'm melting! I'm meeeeelting! Oh what a world, what world!");
I'm Amish...Problem?
Unsigable. >.>
I am a Magnificent Titan who likes to Devour Heroes
All tech.

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Dyakovo
Post Kaiser
 
Posts: 83162
Founded: Nov 13, 2007
Ex-Nation

Postby Dyakovo » Wed Sep 04, 2013 8:46 pm

Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)

Congress seems to have few options

1. Let the government run out of money.

2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)

3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.)




So, what do you guys think the government should do?


Personnally, I think we need to end it and restart it.

Raise/eliminate the debt ceiling.
Don't take life so serious... It isn't permanent...
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The lepearchauns
Diplomat
 
Posts: 548
Founded: Feb 05, 2007
Left-Leaning College State

Postby The lepearchauns » Wed Sep 04, 2013 8:47 pm

The Nuclear Fist wrote:
Desocia wrote:And we shouldn't be so involved in the world like we have been since 1945.

The US has always been pretty interventionist.


Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending
Lep

Former CoDF/ Vice Chancellor, FRA
Former Delegate, South Pacific
Former being of awesomeness, everywhere


Kogvuron, the answer to how long you owned my signature from the IPO auction is apparently 9 months

User avatar
Jagalonia
Senator
 
Posts: 4921
Founded: Jun 22, 2010
Ex-Nation

Postby Jagalonia » Wed Sep 04, 2013 8:49 pm

Cu Math wrote:
Gunstan wrote:

Not in the short term, but in the long term, with real money backed with real gold, we had the biggest boom in the economy one could imagine, yep, this is why you should not expect to see a guilded age with this rate the money is being devalued.

Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.

Weasels aren't shiny.
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
Ifreann wrote:
Computer Land wrote:I don't want someone hacking my fridge :meh:

fridge.setTempC(100);
sysout("I'm melting! I'm meeeeelting! Oh what a world, what world!");
I'm Amish...Problem?
Unsigable. >.>
I am a Magnificent Titan who likes to Devour Heroes
All tech.

User avatar
Jagalonia
Senator
 
Posts: 4921
Founded: Jun 22, 2010
Ex-Nation

Postby Jagalonia » Wed Sep 04, 2013 8:49 pm

Dyakovo wrote:
Gunstan wrote:In 6 weeks (this is a rough number) from today, the US Government will be down to anything from 0$ to 50 billion (witch would last for less then a single day)

Congress seems to have few options

1. Let the government run out of money.

2. Raise debt ceiling (Nice way to say, we will deal with this later, when the problem is worse.)

3. There is no option 3 really, I suppose if worse came to worse the government could just start selling land,old military hardware,gold (assuming the gold is still there.)




So, what do you guys think the government should do?


Personnally, I think we need to end it and restart it.

Raise/eliminate the debt ceiling.

On the bright side, if we remove the debt ceiling, we won't have to worry about going over the debt ceiling anymore...
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
Ifreann wrote:
Computer Land wrote:I don't want someone hacking my fridge :meh:

fridge.setTempC(100);
sysout("I'm melting! I'm meeeeelting! Oh what a world, what world!");
I'm Amish...Problem?
Unsigable. >.>
I am a Magnificent Titan who likes to Devour Heroes
All tech.

User avatar
Divided America
Diplomat
 
Posts: 769
Founded: May 11, 2013
Ex-Nation

Postby Divided America » Wed Sep 04, 2013 8:50 pm

I was just joking
My nation is supposed to have a Powerful Economy. If you don't like it then Boo Hoo

User avatar
The Nuclear Fist
Post Czar
 
Posts: 33214
Founded: May 02, 2010
Ex-Nation

Postby The Nuclear Fist » Wed Sep 04, 2013 8:50 pm

The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

What about things like the Spanish-American war, then?
[23:24] <Marquesan> I have the feeling that all the porn videos you watch are like...set to Primus' music, Ulysses.
Farnhamia wrote:You're getting a little too fond of the jerkoff motions.
And you touch the distant beaches with tales of brave Ulysses. . .
THE ABSOLUTTM MADMAN ESCAPES JUSTICE ONCE MORE

User avatar
Desocia
Attaché
 
Posts: 86
Founded: Mar 30, 2013
Ex-Nation

Postby Desocia » Wed Sep 04, 2013 8:50 pm

The lepearchauns wrote:
Desocia wrote:

Let the government run out of money. It will take the American government to slowly die to actually realize its in debt and it has to pay it. Raising the debt ceiling accomplishes nothing but larger debt down the rode. On the other hand, we could end the 2 trillion dollar war in the Middle East and sell off some military hardware. I am not too fond of selling our land though.


While letting the government slowly die would bankrupt millions of government employees....finally someone sees the true answer to all this. How buot we make some logical cuts. Shif funding to things that need it and use whats left to cut the debt. However, the debt ceiling needs to be raised until someone finally manages to do that in order to keep the MILLIONS employed by the government paid


I admit that my plan was a little.... drastic. I'll have to agree with you, your plan seems less unstable.
IMPEACH LENIN, LEGALIZE CORPORATISM, COMMUNISM IS THEFT. BENITO MUSSOLINI 1922


Political Compass Results:
Economic Left/Right: -3.12
Social Libertarian/Authoritarian: 2.51

User avatar
Jagalonia
Senator
 
Posts: 4921
Founded: Jun 22, 2010
Ex-Nation

Postby Jagalonia » Wed Sep 04, 2013 8:51 pm

The Nuclear Fist wrote:
The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

What about things like the Spanish-American war, then?

That didn't happen. >.>
Tokyoni wrote:Hitler's mustache looks weird. Adam Smith was a drunken fatass. There, I've just pwned fascism and capitalism by such "logic".
Edlichbury wrote:OOC: If Knootoss can claim alcohol is a biological weapon, I can claim sentient Milk-People.
Senestrum wrote:Russians took the maximum allowable missile performances from the ABM treaty as design goals.
lolz ensued
Ifreann wrote:
Computer Land wrote:I don't want someone hacking my fridge :meh:

fridge.setTempC(100);
sysout("I'm melting! I'm meeeeelting! Oh what a world, what world!");
I'm Amish...Problem?
Unsigable. >.>
I am a Magnificent Titan who likes to Devour Heroes
All tech.

User avatar
The lepearchauns
Diplomat
 
Posts: 548
Founded: Feb 05, 2007
Left-Leaning College State

Postby The lepearchauns » Wed Sep 04, 2013 8:53 pm

The Nuclear Fist wrote:
The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

What about things like the Spanish-American war, then?


Notice the qualifier "mostly"
Lep

Former CoDF/ Vice Chancellor, FRA
Former Delegate, South Pacific
Former being of awesomeness, everywhere


Kogvuron, the answer to how long you owned my signature from the IPO auction is apparently 9 months

User avatar
Norstal
Post Czar
 
Posts: 41460
Founded: Mar 07, 2008
Ex-Nation

Postby Norstal » Wed Sep 04, 2013 8:53 pm

The lepearchauns wrote:
The Nuclear Fist wrote:The US has always been pretty interventionist.


Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

It's like, everyone forgot about the Spanish American war, the Boshin war, Boxer's Rebellion...ah fuck it, I give up.
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Bering
Postmaster-General
 
Posts: 12711
Founded: Aug 25, 2012
New York Times Democracy

Postby Bering » Wed Sep 04, 2013 8:53 pm

The Nuclear Fist wrote:
The lepearchauns wrote:Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

What about things like the Spanish-American war, then?

Remember the Maine!
To Hell with Spain!
or something like that
Human Beings are humans, not property. Corporations, (Corporate Property), is property; it is not a human being. Once we understand these two simple concepts, we can move on as a society. - Shofercia

User avatar
Bering
Postmaster-General
 
Posts: 12711
Founded: Aug 25, 2012
New York Times Democracy

Postby Bering » Wed Sep 04, 2013 8:54 pm

Norstal wrote:
The lepearchauns wrote:
Actually, outside manifest destiny, which wasnt foreign as much as kill the natives, up until the world wars America managed to stay MOSTLY neutral. I mean, at least until December 7, 1941 we were at least trying/pretending

It's like, everyone forgot about the Spanish American war, the Boshin war, Boxer's Rebellion...ah fuck it, I give up.

America's closet just happens to be big enough to lose all those skeletons. "Accidentally" of course
Human Beings are humans, not property. Corporations, (Corporate Property), is property; it is not a human being. Once we understand these two simple concepts, we can move on as a society. - Shofercia

User avatar
Norstal
Post Czar
 
Posts: 41460
Founded: Mar 07, 2008
Ex-Nation

Postby Norstal » Wed Sep 04, 2013 8:55 pm

Gunstan wrote:
The lepearchauns wrote:The federal reserve is a bank put in place to run the US government. It is in charge of the national debt, financing government, setting banking standards like long term interest rates and managing the countrys currency system. Without it, the government has no money, the government has no way to borrow money(unless you want Obamas bank account managing trillions of dollars), US banking loses most of its regulation and the US economy collapses into itself overnight...so tell me again how abolishing it overnight is a good thing?


Jackson did it and it all turned out fine.

No it fucking didn't. What do you think happened to the next president?
Toronto Sun wrote:Best poster ever. ★★★★★


New York Times wrote:No one can beat him in debates. 5/5.


IGN wrote:Literally the best game I've ever played. 10/10


NSG Public wrote:What a fucking douchebag.



Supreme Chairman for Life of the Itty Bitty Kitty Committee

User avatar
Cu Math
Senator
 
Posts: 3503
Founded: Mar 12, 2012
Corporate Police State

Postby Cu Math » Wed Sep 04, 2013 8:56 pm

Jagalonia wrote:
Cu Math wrote:Getting us off the gold standard helped end the great depression. Also, do you realize that gold is widely used as a material and so the price is unstable?
That's like basing the dollar off weasels. Nonsensical and something someone pulled out of their ass.

Weasels aren't shiny.

I once caught a shiny Sentret in Silver...
Bering wrote:
Norstal wrote:It's like, everyone forgot about the Spanish American war, the Boshin war, Boxer's Rebellion...ah fuck it, I give up.

America's closet just happens to be big enough to lose all those skeletons. "Accidentally" of course
:(
Those who are not willing to support us are second-rate nations, but first-rate main courses.
Ph'nglui Mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn
From the Council of Terrible Elders
Distributor of Potato Medals
Acolyte of the NSG Sodomy Club
Requiescat In Pacem, Dyakovo. You were the best of us
Ordained Dudeist Priest
Divair's Big Guide to Proving Evolution
Atheist, Bisexual and Bagpiper
Palestinian-Scottish-American

The One And Only Duke Of The Potato

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