0 votes

Gene Simmons Says The Fed Should Be Eliminated

Gene Simmons Says The Fed Should Be Eliminated

http://www.youtube.com/wa...




Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.

I'm glad to see this being talked about...

But if someone would just explain fractional reserve banking, this "lender of last resort" fricking argument would die.

SteveMT's picture

Gene Simmons for Vice President 2012

Gene Simmons for President in 2016

He wouldn't get my vote!

He is an unrepentant, adulterous, pro-war, satanist liberal. What could be worse?

http://en.wikipedia.org/wiki/Gene_Simmons#Politics

SteveMT's picture

You are making Simmons sound like Clinton, Bush, or Obama.

Or how about Giuliani or Frank?

He is a rock star. He maybe all of those things that you mention, but he was and still is a private citizen. He never raped any one, and religious freedom is a 1st amendment right.

Simmons wants a Global Fed

Simmons is sharpening knives to get everyone ready for a Global Fed.....the agenda has become revealed.

LOL

"What could be worse?"

Oh... almost every politician in DC.

Gene has never been married, btw.

Satanist. Uh huh. Just like AC/DC and The Wiggles.

Ron Paul "Sign Wave Across the USA" -- November 5th!

What just God would create The Wiggles?

I'm leaning toward satan on that one.

Even Satan hates

The Wiggles.

That's the rumor around the sacrificial alter, anyway.

Ron Paul "Sign Wave Across the USA" -- November 5th!

you made me laugh

this beer is to you and your idea!

Website:
http://www.libertypoet.com/
Twitter:
http://twitter.com/LibertyPoet
“The most important element of a free society, where individual rights are held in the highest esteem, is the rejection of the initiation of violence.” Dr. Ron Paul

dexterszyd's picture

WOW!

I...Want to hear it LOUD RIGHT BETWEEN THE EYES!

For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

I !#$!ing love Gene

I !#$!ing love Gene Simmons... Don't really care for KISS... but I love his show and his books! I didn't even know about this aspect of him. Makes me love him even more!

That last minute was epic!

That last minute was epic!

I have to admit

I tried watching that silly reality show he's on once. Couldn't stand it. For the life of me I don't know what it is people see in those shows.

That aside, my personal opinion of Gene just shot up 100%. Hey Gene, how about a "Free Market" reality show?

Screw Glenn Beck!

You call this stability?

I don't know how anyone can argue that the FED provides stability and keep a straight face. I think our definitions of stability are quite different, lady.

Where do they find some of these people?

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

Most of the 20,000+ people in

Most of the 20,000+ people in the American Economics Association who know that Austrian economics is bunk.

http://www.huppi.com/kangaroo/L-ausmain.htm

Aaron, are you a 4chan troll or are you getting paid to do it?

You love throwing out the insults, but you don't back them up.

What garbage are you peddling now?

Keynesianism, Monetarism, Marxism?

Why do you support Austrian

Why do you support Austrian economics?

Why don't you answer my question first?

What brand of economics do you subscribe to?

Keynesian, Monetarist, Marxist or...?

And most of the members of

And most of the members of the Flat Earth Society know that all this talk of roundness and spheres and stuff is simply bunk. While those members who don't, at least like to pretend it is, for career reasons within the society.....

Austrian Economics is no more controversial than positing that economics (you know, the stuff "economists" are supposed to remember from introductory economics (often called "micro economics" these days) ) does not magically stop applying, just because the interacting economic agents they happen to be studying decide to form what they call a government.

The various non Austrian religions, on the other hand, profess to believe (at least in public; for political reasons, if nothing else) that the mere act establishing some form of political hierarchy amongst the economic actors in a group, suddenly makes economics invalid. And that the correct method for predicting and describing actors' interactions are, instead, various brands of so called "macro" economics.

Which the more sentient and honest of them, for a while at least, did try to reconcile with economics. But then, when that project did not pan out, the "macro" cultists instead started claiming economics just somehow does not apply, and that whatever their personal "macro" guru of choice waxed on about, were somehow a better description of reality. Just because, you know.

Except for perhaps in the most devout corners of off shoots like "behavioral economics" (as opposed to economics not dealing with behavior, I suppose...), even self proclaimed "main stream" economists have little problem sticking to economics when charged with analyzing interactions in the poultry market.

Yet when a much smaller number of people than those interacting to form the poultry market, happen to huddle together on some European rock and hail a ruler, suddenly economics no longer apply to them, and instead their behavior is explained by "aggregate" this, "aggregate" that, with the only constant being that they'd supposedly all be better off if they only let their rulers dictate more of their private affairs.

You call this stability? Reprised.

"Most of the 20,000+ people in the American Economics Association who know that Austrian economics is bunk."

Do you know "most" of them and their considered analysis of the entire scope of AE(Austrian Economics? What is 20,000 minus "Most"?

X number of people all agree? Wow! Perhaps a trillion flys are correct then and we should all eat shit?

"...people in the American Economics Association who know that Austrian economics is bunk."

Does the AEA treat all economic philosophies in the disrespectful manner which you describe, or is AE an exception?
If it is, then what makes it unique in this regard?
If not, then as the AEA, is a learned society of philosophers of economic theory, your claim is specious and false. Opinions are one thing, objective facts are quite another, and not everyone, or even "most" at AEA agree with your opinion.

How does this - abstract-number of people that you seemingly pulled from your ass -"KNOW" that AE is bunk? How did they all reach a consensus on the entirety of this one Economic Philosophy? Where is their literature and study, whereupon they all agreed that AE was bunk?

It's as logical as creation science.i>

On what particular area of AE do you base your assertion?

Do you have an original thought on the subject, or are you content to hide behind the skirts of the AEA?

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

I don't mean to be obtuse,

I don't mean to be obtuse, but can you clarify your position?

Do you agree or disagree with this statement:

Fact: The Austrian School is a classic example of crank science."?

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

It's as logical as creation

It's as logical as creation science.

So you are comparing Austrian

So you are comparing Austrian Economics with creation science (an oxymoron)? Is that your position?

"The United States can pay any debt it has because we can always print money to do that." — Alan Greenspan

My position is that Austrian

My position is that Austrian economics is junk science, and there is a reason it failed in the face of Keynesian economics. Read the link I posted before to see why the Austrian school of economics has roughly 75 scholars world-wide.

I compare Austrian Economics to creation science because both theories beg the question. They use their conclusions to prove their premises. For example, Austrian economics posits that there are no group dynamics - only individuals providing independent contributions. Austrian Economists prove this by saying group dynamics do not exist. Therefore, they don't? They also claim that statistics are unnecessary because there are no market patterns.

Read the link I posted to learn more. Ron Paul is a quack doctor who supports failed economics, pseudoscience, conspiracy theories, and racism.

It's junk science: Yet you can't refute it?

http://mises.org/austecon/chap1.asp

"By contrast, Jörg Guido Hülsmann explains that "natural monies," the kind originating on a free market, owe their existence exclusively to the fact that they satisfy human needs better than any other medium of exchange. As soon as this is no longer the case, the market participants will choose to discard them and adopt other monies. This freedom of choice assures, so to speak, a grass-roots democratic selection of the best available monies — the natural monies.[8]

Natural monies are regulated by the market. There is no chronic pressure for "excess issuance" of natural monies. They are not issued. Their supply is determined by market forces, and they serve to promote the welfare of the people who use them, not the collectivist notion of "national economic goals." In the United States, natural monies, in spite of government meddling, kept inflation at bay for over a century. Then the policymakers took over."
http://mises.org/daily/4668

So wait, not off the hook yet.
Explain to me how money backed by nothing, that can be manipulated in statistical charts, is better than solid metals that rarely differ in value...while weighing in for varying extremes depending on the economic stress test.

Natural money, if naturally mined like say Palladium....rarely ever loses its value. It often goes up in value. Printing presses can't print unlimited money, suddenly. Those who use "FIAT" all the time might see, sound money is actually pretty smart since they don't lose their capital.

"Capital Gains" taxes are used because Fiat money leads into an endless black hole. You haven't yet even explained your stand on the "Placebo" effect.

But here I am sure you won't - as Guido Hulsman just explained it quite well. And you ran as fast as you could because economics is not well taught in school.

bigmikedude's picture

Then why Aaron, are you here if you don't support Paul?

Why come here? I would really like to know...

Because I used to be a major

Because I used to be a major Ron Paul fan (donated money to him and his son), and then I realized that my reasons for supporting him were not based in logic or reason.

I still come here because I am a member of Daily Paul, and this isn't a fan club. It's not a place where only supporters of Paul can get involved.

You know there is a problem when a politician's fan site attracts articles based in illogical, irrational beliefs and fears. I don't understand what a misconception of fluoride has to do with a presidential candidate. Why I receive e-mails about fluoride or other conspiracy theories is beyond me.

bigmikedude's picture

What?

"I still come here because I am a member of Daily Paul, and this isn't a fan club."

Apparently you are very misinformed...

Especially when you come to what is obviously a pro Paul site and make comments like this-

"Ron Paul is a quack doctor who supports failed economics, pseudoscience, conspiracy theories, and racism."

Discussion and questioning is one thing, flame wars are another.

We don't need you here. ; )

Thanks for stopping by.

Well, whoever he was he's

Well, whoever he was he's banned now. Obviously trying to start trouble.

Support freedom and liberty candidates in 2012... Ron Paul... Gary Johnson...

The funny thing was

that he was completely clueless about every single position he took.

I was beginning to think it was a comedy act.