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	<title>Comments on: Peter Schiff for Senate?</title>
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	<link>http://washingtonindependent.com/46496/peter-schiff-for-senate</link>
	<description>National News in Context</description>
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		<title>By: bot_feeder</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-65047</link>
		<dc:creator>bot_feeder</dc:creator>
		<pubDate>Sat, 15 Aug 2009 22:46:08 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-65047</guid>
		<description>&quot;Why is an economist who was laughed at for his predictions, and proven to be 100% correct, controversial?&quot;&lt;br&gt;&lt;br&gt;&lt;br&gt;Well, because he&#039;s a crackpot.  After all, isn&#039;t Keynes&#039; economic philosophy obviously right, that the way out of a recession is for the government to pay people to dig holes and then to pay them again to fill them back up?</description>
		<content:encoded><![CDATA[<p>&#8220;Why is an economist who was laughed at for his predictions, and proven to be 100% correct, controversial?&#8221;</p>
<p>Well, because he&#39;s a crackpot.  After all, isn&#39;t Keynes&#39; economic philosophy obviously right, that the way out of a recession is for the government to pay people to dig holes and then to pay them again to fill them back up?</p>
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		<title>By: bot_feeder</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-65043</link>
		<dc:creator>bot_feeder</dc:creator>
		<pubDate>Sat, 15 Aug 2009 21:58:51 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-65043</guid>
		<description>Regarding Ron Paul, someone said:&lt;br&gt;&lt;br&gt;&quot;His Earmarks are rather strange, he justifies it by saying that he&#039;s winning back the money that was taken in taxes though if this is true it shouldn&#039;t exceede the ammount they pay in taxes, unless Ron Paul is actually calculating any potential money that is lost or taxed indirrectly from government.&quot;&lt;br&gt;&lt;br&gt;&lt;br&gt;That is entirely correct.  So long as you have an earmark based system, any politician who fails to see his or her share of earmarks for his/her constituents is simply rewarding those politicians who created and thrive off the corrupt system.&lt;br&gt;&lt;br&gt;If Paul supported the abolition of earmarks but refused to seek his own district&#039;s share of earmarks under the current system, the technical term for him would be &quot;blithering idiot&quot;.&lt;br&gt;&lt;br&gt;&lt;br&gt;It&#039;s similar to term limits.  I have heard some morons say that a politician that supports term limits should set term limits on themselves in the absence of term limits being in force.  The end result is that those politicians who do not support term limits wind up proliferating while those who do support term limits become an endangered species.&lt;br&gt;&lt;br&gt;Unilateral disarmament is idiocy.</description>
		<content:encoded><![CDATA[<p>Regarding Ron Paul, someone said:</p>
<p>&#8220;His Earmarks are rather strange, he justifies it by saying that he&#39;s winning back the money that was taken in taxes though if this is true it shouldn&#39;t exceede the ammount they pay in taxes, unless Ron Paul is actually calculating any potential money that is lost or taxed indirrectly from government.&#8221;</p>
<p>That is entirely correct.  So long as you have an earmark based system, any politician who fails to see his or her share of earmarks for his/her constituents is simply rewarding those politicians who created and thrive off the corrupt system.</p>
<p>If Paul supported the abolition of earmarks but refused to seek his own district&#39;s share of earmarks under the current system, the technical term for him would be &#8220;blithering idiot&#8221;.</p>
<p>It&#39;s similar to term limits.  I have heard some morons say that a politician that supports term limits should set term limits on themselves in the absence of term limits being in force.  The end result is that those politicians who do not support term limits wind up proliferating while those who do support term limits become an endangered species.</p>
<p>Unilateral disarmament is idiocy.</p>
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		<title>By: bot_feeder</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-65041</link>
		<dc:creator>bot_feeder</dc:creator>
		<pubDate>Sat, 15 Aug 2009 21:52:58 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-65041</guid>
		<description>&quot;What would happen if the Fed went away? Well for starters I wouldn&#039;t have to worry about the money I make now being worth 20-30% less when I retire.&quot;&lt;br&gt;&lt;br&gt;Wow, you must be retiring in 1-2 years.&lt;br&gt;&lt;br&gt;&lt;br&gt;For most people, the concern is whether the money they save for retirement loses 90-95% of its value by the time they retire.</description>
		<content:encoded><![CDATA[<p>&#8220;What would happen if the Fed went away? Well for starters I wouldn&#39;t have to worry about the money I make now being worth 20-30% less when I retire.&#8221;</p>
<p>Wow, you must be retiring in 1-2 years.</p>
<p>For most people, the concern is whether the money they save for retirement loses 90-95% of its value by the time they retire.</p>
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		<title>By: Tuci78</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-60828</link>
		<dc:creator>Tuci78</dc:creator>
		<pubDate>Thu, 06 Aug 2009 06:13:02 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-60828</guid>
		<description>Never met him, myself.  Read his stuff for years. But since the economic slagdown, it&#039;s impossible to escape his talks on television, and friends have been emailing me to archives of his appearances kept on YouTube.&lt;br&gt;&lt;br&gt;He seems personable enough, but I doubt that he&#039;s either interested in the Presidency (the candidates for which must be utter prostitutes) or capable of stamping up the funds necessary for such a run.  The Senate in Connecticut against a truly hateful rat-sucking bankster criminal like Dodd?&lt;br&gt;&lt;br&gt;Might could do it.</description>
		<content:encoded><![CDATA[<p>Never met him, myself.  Read his stuff for years. But since the economic slagdown, it&#39;s impossible to escape his talks on television, and friends have been emailing me to archives of his appearances kept on YouTube.</p>
<p>He seems personable enough, but I doubt that he&#39;s either interested in the Presidency (the candidates for which must be utter prostitutes) or capable of stamping up the funds necessary for such a run.  The Senate in Connecticut against a truly hateful rat-sucking bankster criminal like Dodd?</p>
<p>Might could do it.</p>
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		<title>By: Rebecca</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-60540</link>
		<dc:creator>Rebecca</dc:creator>
		<pubDate>Thu, 06 Aug 2009 00:27:32 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-60540</guid>
		<description>Chris Dodd is an insult to the people who voted for him. This guy is an absolute criminal, Greed,lies and has no concious whatso ever. He does&#039;nt answer to anyone and thinks he is above the law. If peter Schiff could take his chair in office of the Senate I would be Delighted.</description>
		<content:encoded><![CDATA[<p>Chris Dodd is an insult to the people who voted for him. This guy is an absolute criminal, Greed,lies and has no concious whatso ever. He does&#39;nt answer to anyone and thinks he is above the law. If peter Schiff could take his chair in office of the Senate I would be Delighted.</p>
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		<title>By: Rebecca</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-60530</link>
		<dc:creator>Rebecca</dc:creator>
		<pubDate>Thu, 06 Aug 2009 00:19:22 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-60530</guid>
		<description>I hope Peter Schiff would run for President of the United States. He is very gifted in his thought process. He makes so much since. I feel he is one of the only people that nows the truth about our financial system and would be able to fix this most important issue.</description>
		<content:encoded><![CDATA[<p>I hope Peter Schiff would run for President of the United States. He is very gifted in his thought process. He makes so much since. I feel he is one of the only people that nows the truth about our financial system and would be able to fix this most important issue.</p>
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		<title>By: Tuci78</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-57542</link>
		<dc:creator>Tuci78</dc:creator>
		<pubDate>Mon, 03 Aug 2009 07:12:15 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-57542</guid>
		<description>What you&#039;re trying for was expressed by Heinlein in 1973:&lt;br&gt;&lt;br&gt;&quot;&lt;i&gt;Taxes are not levied for the benefit of the taxed.&lt;/i&gt;&quot;</description>
		<content:encoded><![CDATA[<p>What you&#39;re trying for was expressed by Heinlein in 1973:</p>
<p>&#8220;<i>Taxes are not levied for the benefit of the taxed.</i>&#8220;</p>
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		<title>By: brendangilmartin</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-46392</link>
		<dc:creator>brendangilmartin</dc:creator>
		<pubDate>Sat, 18 Jul 2009 02:55:26 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-46392</guid>
		<description>interest rates on a free market are like prices, (The history of price controls in the 1970s has hopefully ended the chance of any more government attempts at dirrect price controls) Competition between bankers will force the rates of loans down to the &#039;market rate&#039;, which is equal to a level that is high enough for banks to charge and to stay in business if it turns out that some of the loans go bad (And a certain portion of them do) but generally not much higher. &lt;br&gt;&lt;br&gt;The same is true for prices, if i charge 1000 dollars for a shirt that only costs 20 to produce, which includes paying the costs of machines and workers, (With a loan, interest is charged both to incentivize the banker to make the loan and to generate revenue to cover the costs of potential loans that go bad) someone can still undercut me by charging 900, i either go out of business or charge the same or lower, so i charge 800, he is now in the same condition. The price cutting continues until it get&#039;s fairly close to about 20 dollars. &lt;br&gt;&lt;br&gt;This doesn&#039;t work for all prices but for interest rates, since you can have any number of banks in a given area, it is the case. &lt;br&gt;&lt;br&gt;Without a federal reserve, interest rates would fluctuate not based upon the random assumptions of a board of bankers, but by the intersubjective relations between the number of savings of individuals and the number of loans demanded for whatever reason. That kind of market relationship forms itself out of the behaviours of every single individual in society, it&#039;s the only rational and democratic way in which production and distribution can be based upon. &lt;br&gt;&lt;br&gt;I dislike all politicians, though i dislike Ron paul the least of all of them. His Earmarks are rather strange, he justifies it by saying that he&#039;s winning back the money that was taken in taxes though if this is true it shouldn&#039;t exceede the ammount they pay in taxes, unless Ron Paul is actually calculating any potential money that is lost or taxed indirrectly from government. (There are other ways to tax besides simply taking people&#039;s income or charging a particular percent sales tax). Compared to other republicans, however, he pays more than lip service to the principles of an economy based purely on intersubjective relations between individuals, not the arbitrary whims of some righteous hand from above, which is what you scornfully call the evil free market.</description>
		<content:encoded><![CDATA[<p>interest rates on a free market are like prices, (The history of price controls in the 1970s has hopefully ended the chance of any more government attempts at dirrect price controls) Competition between bankers will force the rates of loans down to the &#39;market rate&#39;, which is equal to a level that is high enough for banks to charge and to stay in business if it turns out that some of the loans go bad (And a certain portion of them do) but generally not much higher. </p>
<p>The same is true for prices, if i charge 1000 dollars for a shirt that only costs 20 to produce, which includes paying the costs of machines and workers, (With a loan, interest is charged both to incentivize the banker to make the loan and to generate revenue to cover the costs of potential loans that go bad) someone can still undercut me by charging 900, i either go out of business or charge the same or lower, so i charge 800, he is now in the same condition. The price cutting continues until it get&#39;s fairly close to about 20 dollars. </p>
<p>This doesn&#39;t work for all prices but for interest rates, since you can have any number of banks in a given area, it is the case. </p>
<p>Without a federal reserve, interest rates would fluctuate not based upon the random assumptions of a board of bankers, but by the intersubjective relations between the number of savings of individuals and the number of loans demanded for whatever reason. That kind of market relationship forms itself out of the behaviours of every single individual in society, it&#39;s the only rational and democratic way in which production and distribution can be based upon. </p>
<p>I dislike all politicians, though i dislike Ron paul the least of all of them. His Earmarks are rather strange, he justifies it by saying that he&#39;s winning back the money that was taken in taxes though if this is true it shouldn&#39;t exceede the ammount they pay in taxes, unless Ron Paul is actually calculating any potential money that is lost or taxed indirrectly from government. (There are other ways to tax besides simply taking people&#39;s income or charging a particular percent sales tax). Compared to other republicans, however, he pays more than lip service to the principles of an economy based purely on intersubjective relations between individuals, not the arbitrary whims of some righteous hand from above, which is what you scornfully call the evil free market.</p>
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		<title>By: TheQoz</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-44599</link>
		<dc:creator>TheQoz</dc:creator>
		<pubDate>Thu, 16 Jul 2009 05:48:35 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-44599</guid>
		<description>Finally someone worth supporting...</description>
		<content:encoded><![CDATA[<p>Finally someone worth supporting&#8230;</p>
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		<title>By: RedGraham</title>
		<link>http://washingtonindependent.com/46496/peter-schiff-for-senate/comment-page-1#comment-43265</link>
		<dc:creator>RedGraham</dc:creator>
		<pubDate>Sat, 11 Jul 2009 10:34:37 +0000</pubDate>
		<guid isPermaLink="false">http://washingtonindependent.com/?p=46496#comment-43265</guid>
		<description>Sarah Palin is moving to Illinois so she can get into the US Senate. Too bad she has to run against Mike Ditka in the GOP primary. Alan Keyes will run as Constitution Party and Jesse Jackson Jr as the Democrat. You heard it here first.</description>
		<content:encoded><![CDATA[<p>Sarah Palin is moving to Illinois so she can get into the US Senate. Too bad she has to run against Mike Ditka in the GOP primary. Alan Keyes will run as Constitution Party and Jesse Jackson Jr as the Democrat. You heard it here first.</p>
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