Quote from cashcarewins:
Don't know who Gainor is, but sure sounds like a partisan hack. Like all such, R and D, they just make stuff up that sounds good to the respective faithful. In particular, I don't get cable so watch ABC evening and CBS morning news. Both mentioned every time it was brought up, Jon Corzine, former D gov NJ. At least one if not both had pictures of JC with BO and mentioned the connection.
This corruption is systemic bred by the monopoly on power shared by the R and D's. Both guilty, although the absolutely insane and corrupt Bush economic policies are far beyond the pale of anything else in the past. A trillion dollar plunder of the treasury that our grand children will be paying off.
And that's why I am a Libertarian.
Well being Libertarian because you dislike both major political parties doesn't really help the country who still know that the only way to ever get a President's campaign promises done is to win a majority in the house and senate.
Libertarians will never win that, and not in my lifetime. They have unique ideaologies more consistent with modern macroeconomics but I don't believe just because they separate themselves from the mainstream that that means they are anymore well suited to make decisions about a government that produces nothing but waste and economic losses.
The US government must begin producing something with their cash supply, and the only way for that to happen is to make the Fed produce outsized profits from their trading, and only with models they've thoroughly researched. When they can avoid moving markets because they're stupid enough to dump their treasuries at times of the day known to the market there isn't anyway for them to profit like that. They should start trading treasury futures and bonds to pay our national debt. <b>This is the only way that we will avoid bankruptcy, and in the sense that we want our currency to be as valuable as possible and commodities as worthless as possible it will also produce deflation despite the inflationary effects of returning capital back to the market.</b>
Yes, this is the only solution for America's problems. The US Government needs to find markets that it can profit and pay for its expenses, and, incidentally, I saw the last of my futures trades in ZB, ZF, ZT have 98+% win percentages, so I'm proposing that as a solution so we can avoid the collapse of the financial system and it needs to be done fast.
Libertarian have some suggestions that would do this country good, including decrimilization of cannabis and aboloition of the tax codes to a VAT or flat tax but really anything besides an income based tax structure.
I think the Libertarian party is only afforded an advantage whenever there is some controversial politician competing who may have made some wrong decisions in the eyes of the public. Until this party has more power, it is irrelevant, and I encourage you to make sure you vote for somebody who has at least a marginal chance of winning.
Once politicians get these messages we'll be on a better trajectory than in the position of wasting monetary supplies for the sake of policy. I know for a fact that they'd be able to use what I have for maximum effect. If they don't we will face our bankruptcy but it can be prevented if the government produces economic profits.