Glenn Beck – Fed Prints More Money Ensuring Our Dollar Will Be Devalued; China Is Smiling

Hey … Did Jim DeMint just say he is going to support raising the debt ceiling? So … That means more debt, more printing money.

Does this mean the T-Bag-(R)z have been had, just like the Christian right was under “W”? Wow, that’s like not even 24 hours!

Snerd

Try to remember people, it isn’t the republicans vs the democrats, it is the government vs the people.

Meet the new boss, same as the old boss.

The more things change, the more things stay the same.

And another thing …. Why would China be smiling if they hold significant portions of U$ debt, and devaluation of the U$ dollar means the note China holds just devalued and the repayment will be less to China.

According to Beck, China is smiling ’cause Colbert can’t run around yelling, ‘We’re number one!’, as enthusiastically …. That’s China who keeps their currency artificially low, due to the benefits of a devalued currency.

Ahhhh …. Beck-(R)-head logic … !

SNerd

@Snerd Gronk:

What they lose on the devaluation of the dollar they make up in trade. When our buying power in the US tanks we will be buying even more of their cheap products.

BTW, daNang67 touches on this a bit:

http://www.floppingaces.net/2010/11/03/weekly-open-thread-56/#comment-300715

You ‘Missy’ the point

When our buying power in the US tanks we will be buying even more of their cheap products.

(R)eally … ????

Classically, when a country’s currency is devalued (or kept artificially low as in China), it makes that country’s exports cheaper and all imports more expensive. In fact it is considered as an indirect way of raising trade barriers to imports (here I am using the term imports to refer to stuff coming from China, there Missy …)

In the T-bag-(R) world, apparently empirical reality is turned up side down, eh!? But the purity test is to say, ‘It’s (R)ight side up!’, nevertheless.

Snerd

You are right Hard ….

The (D)z got much more ‘declared’ $ … but now there’s that secret $$$$ that the (R)z are very ‘Koch-shhhh-ous’ about, afraid we’ll break the ‘China’, as it were. The (R)z are all about ‘Outsou(R)cing’ everything jobs, manufacturing, co(R)po(R)ate influence, etc. … ’cause the Monied’ are going to retire some place else, anyway

Snerd
p.s. ‘Witch’ guy said ‘We’re compromising on earmarks’, first? Mitch or Orange-John?

Master i(R)ons

I appreciate a lotta what you have to say. In fact, I think the 21st Century is going to see a struggle between 2 capitalistic systems, Co(R)po(R)ate Capitalism (U$A) and State Capitalism (China).

Comparing the nostalgic view of the theoretical good of a free market system, to the actual problems of a state run system isn’t the best way to analyze these systems. Each in its own way, is uninterested in individual rights. I fear for the near future of our planet, consequently.

Collective action by individuals could prevent this. But as long as we are divided and unable to think clearly, it’ll never happen. This I believe is the point of the ‘fund-(R)z’ of the T-party …. Murdoch, Koch, Chinese business interests, all hidden in the recent ‘sec(R)et’ $ funding the (R)z. Otherwise, why keep it secret?

Snerd

Bounced for using brackets … Too much!!!

Snerd, subjected to the Bracket Police … Now that’s ‘cute’!

Censorship that doesn’t … errr …. ‘bracket’ content. Censorship you can believe in!

Snerd
p.s. Who says the right doesn’t believe in Syn-Tax, eh!?

It should be clear that Snerd is deflecting the core subject at hand and has failed to understand what I and others are posting. Being a former Game forum board moderator, his behavior mimics rather well many trolls I have had to place either a temp-ban or a perma-ban by trying to antagonize ourselves or our ways of thought with childish namecalling. The mere fact he ignores that the modern sitution of what I point out that is happening Globaly and then in classic deflection tactics.

Snerd’s quote:

I appreciate a lotta what you have to say. In fact, I think the 21st Century is going to see a struggle between 2 capitalistic systems, Co(R)po(R)ate Capitalism (U$A) and State Capitalism (China).

21st century America and China are two forms of business. America is a Corporatism, not a true free maket society, if you had to lick of sense to study modern Economics. Various industries (energy, water, sanitation services as example) are regulated at the State level mostly as is, with many of these regulations leading to current failure or shortages as per example California’s energy problems and brown outs due to over rampant State Government demands over emissions. Oil and Natural Gas industries are also monitored and heavily regulated per State Government within the United States and as for the example of Kansas, the Water and Gas companies that operate within the borders of Kansas have to seek State approval for pricing changes, building projects and the like. The Governments do not own these businesses but regulate heavily but as such these Governments have been infected with lobbying interests of large Businesses to create these various regulations to benefit both Government AND Large business. Examples would be 19th Century Railroad industry; 20th century fruit companies and oil companies; and 21st century example would be the Democrats granting Humana Health Insurance a pure monopoly over insurance packages with the recent Healthcare Bill Passage once various plans from employeers are dropped and people are forced to buy Government “sponsored” packages which are provided by Humana or United Healthcare Services (something the anti-big business folks who love Obamacare turn a blind eye about.)

21st Century Chinese “Communist Captialist” as I call it is a form of Facisism, aka Government owns every part of a person’s labor, the raw resources, the buildings, the land, aka everything. Hong Kong’s pressure on the rest of the Nation to adapt to a more capitalist system without Government intervention was causing economical and social turmoil for those stuck out of Hong Kong’s labor market, until the Western Economies Hong Kong is modeling (mainly United States) started to get into very tough problems. Unions in America get the joy of having some form of legal barging power over wages, length of labor time, vaction hours, etc. In China? These same Union groups trying to form chapters there, aka the International Association of Machinist or even the SEIU representatives, are told to either shut shop themselves or face their legal system with up to the death penalty for violating Communist law and work quota. The Chinese do not play around with controlling their industries or their workers.

Aye, I’d say he needs some Clozapine. He seems to have some major issues. Amusing that when we win it’s because big business and the Chinese secretly gave us money. He ignores the illegal donations obama got and kept.
BTW, “it” has a blog.

While some don’t like Glenn, he has been invaluable to fledgling Conservatives. He explains things in a way that brings those who haven’t been into politics up to speed.