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  1. #1
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    Default Quinn's first law of liberalism

    strikes again.

    Quinn's first law of liberalism: Liberalism always generates the exact opposite of it's stated intent.

    Democrats run the Congress, the Senate and the Executive branch. Looks like the stimulus effect is falling apart faster than they can spend the money.

    apnews

    Jim Quinn morning talk show host on 104.7 here in Pittsburgh
    Last edited by ALS; June 7th, 2009 at 08:04 PM.

  2. #2
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    Default Re: Quinn's first law of liberalism

    Yup... which is why I decreased the amount of money going into my 401(k) and starting putting more into metals. After a while I take deliver just to hold for SHTF, inflation hedge, or just to put into my trust for the family. I have very little gold right now. So far this year, I picked up an ounce of platinum when it was in the very low 1200's, several ounces of palladium when it was down around 200 spot, and I picked up quite a bit of silver, cost averaged each month. I believe we have 3 possibilities and all are on my side.
    1. We spend enough to bubble our way out of recession for a while. If the feds can tax those are working or raise rates to keep inflation under control, metals will still increase due to industrial demand increases.
    2. Inflation due to spending and a bubble.. booyah
    3. We don't come out of our recession for an extended period of time, gubmint starts trying to borrow and spend more but Asia decides that we are way to insolvent so the dollar sell off begins. In that case, commodities will be one of the only things of value.
    "The American people will never knowingly adopt socialism. But, under the name of 'liberalism,' they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened."
    - Norman Thomas, U.S. Socialist Party presidential candidate 1940, 1944 and 1948

  3. #3
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    Default Re: Quinn's first law of liberalism

    Quote Originally Posted by Pector55 View Post
    Yup... which is why I decreased the amount of money going into my 401(k) and starting putting more into metals. After a while I take deliver just to hold for SHTF, inflation hedge, or just to put into my trust for the family. I have very little gold right now. So far this year, I picked up an ounce of platinum when it was in the very low 1200's, several ounces of palladium when it was down around 200 spot, and I picked up quite a bit of silver, cost averaged each month. I believe we have 3 possibilities and all are on my side.
    1. We spend enough to bubble our way out of recession for a while. If the feds can tax those are working or raise rates to keep inflation under control, metals will still increase due to industrial demand increases.
    2. Inflation due to spending and a bubble.. booyah
    3. We don't come out of our recession for an extended period of time, gubmint starts trying to borrow and spend more but Asia decides that we are way to insolvent so the dollar sell off begins. In that case, commodities will be one of the only things of value.
    I'm still not seeing the inflation threat, but I agree, investing in 'materials' is a good idea considering how hard that sector has been hit (well, not as much if you consider the bubble that should have never been).


  4. #4
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    Default Re: Quinn's first law of liberalism

    Folks we didn't get here last quarter or last 2 years... this has been a steady march, as it is with all governments, over the last 220 years. Liberals, Conservatives, Progressives, etc... Same excrement different name.

    If we would all step back and stop playing their game of red team vs blue team (thats all it is, its a game they play and most voters buy into it and pick sides), we would all be better off. Stop caring about D, R, Ind, L, whatever silly initial is behind their name - start asking them "What is your number one goal?" If it isn't expanding liberty to the point where the maximum role of any government is the protection of life, liberty and property - then say thank you and move on, check them off the list until you find someone who does.

    Of course if you are a socialist (see republicans, democrats and most other parties) then by all means continue to play the game you love of red vs. blue and watch your beloved "country" continue into flames.
    Voluntary transactions are the only moral kind.

  5. #5
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    Default Re: Quinn's first law of liberalism

    Quote Originally Posted by ALS View Post
    strikes again.

    Quinn's first law of liberalism: Liberalism always generates the exact opposite of it's stated intent.

    Democrats run the Congress, the Senate and the Executive branch. Looks like the stimulus effect is falling apart faster than they can spend the money.

    apnews

    Jim Quinn morning talk show host on 104.7 here in Pittsburgh

    This isn't Liberalism... It's fiscal stupidity...

    Republicans were able (quite skillfully mind you) link the two terms.. The definitions have gotten screwy.

    BTW.. Senate + The House of Rep = Congress..

  6. #6
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    Default Re: Quinn's first law of liberalism

    My problem (as a libertarian leaning guy) is that Quinn never (Ever) blasts Republicans, even when (under Dubyah) the Republican congress spent 6 years spending like a quasi-drunken sailor.

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    Default Re: Quinn's first law of liberalism

    Its amazing that Republicans start using the name libertarian as soon as they are ousted - In reality the closest person we have to a libertarian in Washington is Ron Paul.... and I dont think of him as purely libertarian either...

    For those who don't know a libertarian is one who follows this creed:

    No one (person, group, government) has the right to initiate the use force, or the threat thereof, or fraud against another person or their rightfully acquired property.

    Thats it, thats all there is.
    Voluntary transactions are the only moral kind.

  8. #8
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    Default Re: Quinn's first law of liberalism

    Quote Originally Posted by pitt45GAP View Post
    No one (person, group, government) has the right to initiate the use force, or the threat thereof, or fraud against another person or their rightfully acquired property.

    Thats it, thats all there is.
    Agreed, the abuse of the Eminent Domain is one of the most sickening developments in recent times..

    It was put into law for the very specific purpose, to be use only as a last resort...

  9. #9
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    Default Re: Quinn's first law of liberalism

    Quote Originally Posted by pitt45GAP View Post
    Its amazing that Republicans start using the name libertarian as soon as they are ousted - In reality the closest person we have to a libertarian in Washington is Ron Paul.... and I dont think of him as purely libertarian either...
    No, but he's a damn sight closer than the asshat neoconservatives running the Republican party.

    Quote Originally Posted by pitt45GAP View Post
    For those who don't know a libertarian is one who follows this creed:

    No one (person, group, government) has the right to initiate the use force, or the threat thereof, or fraud against another person or their rightfully acquired property.

    Thats it, thats all there is.
    Uhh, there is much more to it than that. Even the dictionary definition of libertarian ("One who advocates maximizing individual rights and minimizing the role of the state," or "A person who upholds the principles of individual liberty especially of thought and action.").

    The definition you provide is usually given by either neowhackjob Republicans (like, Quinn, for instance) or democrats who never knew the difference.

    Where, if I may ask, did you get your definition?

    The LP Party (USA) says this about itself: "Think of us as a group of people with a "live and let live" mentality and a balanced checkbook."

  10. #10
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    Default Re: Quinn's first law of liberalism

    Quote Originally Posted by pyld View Post
    My problem (as a libertarian leaning guy) is that Quinn never (Ever) blasts Republicans, even when (under Dubyah) the Republican congress spent 6 years spending like a quasi-drunken sailor.
    Yup. And I was a regular Quinn listener since moving into his listening area in the '90s. He's full of hard-hitting, incisive analysis--as long as it's Democrats in power. When it's Republicans, even tax-and-spend liberal republicans like Bush, all his lofty principles go out the window.

    Quinn's first law always resonated with me, until I realized that it's only mostly right. It's statism that always generates the exact opposite of its stated intent. Welfare-state liberals create more poverty, yes--but "tough on terror" conservatives create more terror, too. Using government force as a club to inflict your will on people always fails, whether it's a liberal or a conservative swinging the club.

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