Thread: This Is Not A CraigsList Notice

Tweet

Originally Posted by Bob Parmenter

The real answer to your question as stated is NEITHER. I've gone over the discussion of what money is several times so won't do the long version again, but the synopsis is...........money has no intrinsic value, it only represents the value created by an exchange between two or more willing partners in trade. To say that "...there is too much money out there....." in the context you constructed is to imply that money itself is the value rather than a representation, or IOU if you will. That's where a lot of folks go wrong and why we elect economic morons who either believe the same thing, or tell lies to support the uninformed view. If money had intrinsic value then printing a second dollar bill would double wealth. In reality, printing a second dollar bill cuts the underlying value of both bills in half...........one of the causes of inflation, and why current Federal Reserve policy is very dangerous.

The second implied error in your construct is that "...putting money in the bank...." is less valuable than spending it. Perhaps you're confusing a bank with a mattress. When money is put in the hands of bankers they put that money to work by lending it to creative/reliable people who in tern increase it's value. It's a part of the mecahnism that grows a successful economy and leads to higher worth societies. In reality, if the money (or actually the underlying earned value it represents) it redistributed to someone who gave no value in exchange then that underlying value is diminished, even if that someone spends it. By redistributing value without a willingly agreed to exchange of mutual value you shrink an economy. That's the insidious nature of wellfare, it devalues an economy as well as the individual. That errosion is very slight, moves very slowly, which is why so many don't see it, but decline occurs. That's why Europe is in such trouble today, and why every society in history that's tried to be redistributionist has ultimately failed. All of this goes to the old parable "if you give a man a fish you feed him once, if you teach him to fish you feed him for life." This is not to denegrate charity (which is one of the more honorable human traits), but extorting money for political advantage by redistributing it to ultimately buy votes is not charity....................it's theft.

BTW, Mitt Romney gave all of the money he inherited from his parents to charity. If you're unaware of that then you're not getting your info from a reliable source. That's not to say he didn't have advantage in having a good education provided by a well to do family, but as others have said in different ways, he didn't just sit on his butt, he did something with that education. You're free to disagree with how he applied his learning, but to criticize it as unearned is typical leftist slander.

As for that insane notion that "....so and so doesn't understand the working man's plight.....(or whatever version is spewed)" that's pure, unadulterated BS. If you're going to try that game be prepared to point out what in Pres. Obama's life qualified him for that. He too was raised in a life of privelege (different perhaps than that of Romney, but still priveleged).............so in saying that Romney is disqualifed for that reason, so too is Obama....................just a silly, silly notion.............

Yeah Rush er Bob your right!! Physco Babble always works!! The money I;m talking about is what a person earns working then spending it to survive(not your 5 guys playing poker with the worlds wealth and when one wins it all he gets to loan it back the the other four just to keep playing!!)you can call it anything you want but people need it to survive!!I never said I was pro Obama!! I was asking what does Romney have to offer and is he the man!! So he gave it to Charity!! Pocket change!! Pete

Originally Posted by prpmmp

yeah rush er bob your right!! Physco babble always works!! The money i;m talking about is what a person earns working then spending it to survive(not your 5 guys playing poker with the worlds wealth and when one wins it all he gets to loan it back the the other four just to keep playing!!)you can call it anything you want but people need it to survive!!i never said i was pro obama!! I was asking what does romney have to offer and is he the man!! So he gave it to charity!! Pocket change!! Pete

... :lol::lol::lol: ....

Originally Posted by Bob Parmenter

... :lol::lol::lol: ....

Hey Ru er Bob!! I do like your car in your avatar!! Pete