This guy seems to have just popped up in the last few days; statist / Fed apologist who seems intent on completely muddling people’s views on Ron Paul. In this video: http://www.youtube.com/user/ministerjosephkirk#p/u/2/dwxUaNCDr8c
he attempts to smear Rothbard, Austrian Economics, and sound money by displaying Austria’s CURRENT economic performance. Of course, this is all mixed in with contradicting images that I had difficulty interpreting.
My question is, were there these kind of misinformation attempts in 2008? Is this the FED’s last gasping attempts at saving itself?
Try not to have a brain aneurysm watching even one of the videos.
“The Austrian economy shrank by 1.5% in Q1 2009, accelerating the downtrend after a contraction of minus 0.2% (preliminary) in Q4 2008. According to a (German Language only) press release from the Austrian central bank the negative growth figure came in much higher than the forecast of minus 0.5%. Austria faces stiff headwinds from the economic downturn in Germany, its main trading partner, and Central Eastern Europe [CEE], the backyard of Austria’s economic expansion since 1990”
I some ways that makes more sense than most of the mainstream economics’ criticism towards AE. Kudos to him, I guess.
Well it was made so the younger less educated could get it. However it is true. You know what Ron Paul is really about. Ask A question and Ill answer but save your insults for a minister of the deity is about truth not propaganda. Public ministers still exist in America Ron Paul forgot to read that article in the original text not his version…Amen
Austrian economics were failing so they tried a bank run on the U.S.
I guess the Austrian banks should have not invested so deeply in the German banks ~GuArDiAn
And please be polite when debating insults show lack of candor…
Nice reply Frederique Bastiao Kudos indeed you got it.
Tl;dr, if you cannot find a middle ground between mindless youtube videos and excessively verbose essays that address the question obliquely, because the attempt to broadly characterize the political history of the us in the 20th century as an introduction then you know very little indeed about propaganda. In fact, if you have been unable to get your message out in these past few posts, its highly likely that your take on the modern propaganda machines is inaccurate and ill-informed. Chances are, you are hit-mining and so I refuse to play your little game.
would you now like to substantiate your gratuituous conflations or is time for you to find another forum?
you ask for a short answer to a very complex organized thing so the devil is quick with his tongue I am not… educated people read read the one abot Ron Paul…there is your answer there will be no twisting things up here with a Minister.
I read it. You are completely lost and engaging in emotional hyperbole. You appeared not to understand the article you were attempting to fisk. You were trying to parse terms that were clearly defined, as in the intragovernmental debt not being “tied to specific obligations.” you act as though since the obligation is general, the article claims it doesnt exist. Obviously there is an obligation to repay, thats what makes it debt. The terms of the bond are simply loosely defined.
you also attack statements that refer to the public-private nature of the fed as though confusion on this matter is the fault of ron paul. Perhaps you could explain whether the fed is public or private?
you make reference to the fact that destruction of the bonds would cause the value of the dollar to plummet, as if that is a bad thing. Surely you dont suggest that making more and more loans and flooding the market with dollars, as the fed has done, would not have the same effect?
After enjoying solid growth rates until Q3 2008 the Austrian economy fell off a cliff. Forecasters are of differing opinions when Austria will return to positive growth. Chart courtesy ofOeNB*.*Central bank governor Nowotny said in the release,
“we expect economic activity to bottom out in the first half of 2009. The (recent) tax reform and economic stimuli should stabilize growth later.”
The central bank is cautious about the short term outlook due to strongly declining export orders. Most crucial is an EU emergency package for Eastern Europe since Austrian banks have lent some €230 billion to the region, outpacing all other foreign banks by multiples. As most of these loans are denominated in Euros and Swiss Francs East Europeans confront higher payments every month due to the weakness of their respective local currencies. EU Leaders Thumb Down Aid Package for Eastern Europe
An aid package envisioned by Austria has been rebuffed by the EU, reported the Wall Street Journal on Friday.
European Union leaders, meeting at a Brussels summit, rejected calls to expand their fiscal-stimulus policies, or to boost aid for struggling Eastern European countries.
The EU leaders said they are willing to provide $75 billion to increase the International Monetary Fund’s war chest, provided the U.S. and China also pledge money. The IMF is seeking to double its resources for helping countries to $500 billion from $250 billion.
But key EU countries including Germany and the U.K., are opposed to expanding the bloc’s own fund for helping ailing economies in Central and Eastern Europe.
Eastern European countries gave an apocalyptic warning yesterday of hordes of unemployed workers heading west as a new Iron Curtain divides rich from poor inside Europe.
Twenty years after the fall of the Berlin Wall, Western leaders were told yesterday that five million jobs could be lost in the “new” European Union countries of the East unless radical action were taken to bail them out.