Fail Quotes

[MrBogosity]

Thanks for that one Shane. was having trouble putting together my argument. at any rate i have a few more gems to share with the community.

I asked if he meant the IRS. This question came form a monarchist no less.

Um.... What's stopping them now exaclty?

You mean eminent domain?

How exactly do we do that now?

It's amazing, isn't it, how all of the fearmongering statists make about what would happen if the free market dominated (without the first piece of evidence, of course) already happens with the state.

[tnu]

It's amazing, isn't it, how all of the fearmongering statists make about what would happen if the free market dominated (without the first piece of evidence, of course) already happens with the state.

Oh dear that was quite a typo. Monarchist is supposed to be minarchist.

[R.E.H.W.R.]

Hey dumbass, the recent collapses of our economic systems has been due to a LACK of proper regulation. Sub-prime mortgage, Wall St gambling, improperly capitalized banks, financial institutions too big to fail, etc...ALL due to lack of regulation.

Shane, I think a video debunking this crap needs to be made because I keep running into it.

[MrBogosity]

Shane, I think a video debunking this crap needs to be made because I keep running into it.

I've made several already!

Just give them my challenge: point to ONE section in the CFR that was removed without being replaced.

[R.E.H.W.R.]

I've made several already!

Just give them my challenge: point to ONE section in the CFR that was removed without being replaced.

The NUMBER of regulations is immaterial. What's being regulated is what matters. For example, the Commodity Futures Modernization Act of 2000 exempted various financial products from regulation & supervision, & reduced capital reserve requirements. This allowed for the creation of credit default swaps, a MAJOR contributor to the financial crisis of '08. It also permitted banks to operate w/inadequate capital.

[MrBogosity]

the Commodity Futures Modernization Act of 2000...allowed for the creation of credit default swaps

They've been able to do that in the US since the early 1990s. Also, most other countries in the world have been able to do that for decades; only the European Union banned them in 2011. Canada, Australia, Japan, and many other countries still allow them.

It also permitted banks to operate w/inadequate capital.

Fractional Reserve did that. Put into law in 1862.

Someone has his history wrong.

[R.E.H.W.R.]

They've been able to do that in the US since the early 1990s. Also, most other countries in the world have been able to do that for decades; only the European Union banned them in 2011. Canada, Australia, Japan, and many other countries still allow them.

Fractional Reserve did that. Put into law in 1862.

Someone has his history wrong.

OK, fine, CDS began in the '90s. But they were deregulated by the CFMA of 2k. LACK of regulation was downfall. And as you pt out, the EU intervened w/the ultimate regulation: a ban.
Fractional reserve banking permits less than 100% capitalization. CFMA permitted even lower capitalization--dangerously low.
In both cases, lax regulations allowed the trouble. Banks showed they couldn't reliably self-regulate. My original pt was that lax--NOT EXCESS--govt oversight was the problem. Try again.

[tnu]

All right, explain how corporatism goes away if we have a totally free market.

Not anything new by any stretch, but the fact that this question still persists just shows people don't have any understanding of these terms.

[Goaticus]

This entire article http://thoughtsonliberty.com/why-libertarians-should-end-the-libertarian-party by Rachel Burger

Some excerpts.

"Before you scoff at the idea of working within the Republican Party, consider the liberty-minded people who have been able to hold office and effectuate change because they were able to garner votes from the republican label heuristic (meaning people wanted to vote for a republican, not knowing their actual policies). "

Can't really think of any. Was the Republican National Convention that long ago? It's still 2012, right?

"What remains are the scorekeepers, the people who (mostly) vote based on the economy. They do not have the incentives to learn an entirely different paradigm from democrat/republican. "

They should, since they have the exact same policies and the exact same effects. Also hilarious that she pretends that people simply don't have the incentive to learn as opposed to being unaware of other options which is exactly what Libertarians are trying to show them.

"Remember, American voters tend to vote for their parents' parties, if they vote at all, and they do not vote ideologically."

Citation needed. Especially in light of the generational gap in voting or that people who vote for the party their parents support do so because of ideology.

"The kind of paradigm shift that libertarians are hoping for is not going to come from a third party."

And it sure as hell isn't going to come from the Republicans. I always ask these people why they don't form a "Libertarian Wing" of the Democratic Party.

"but the fact is that if the liberty movement wants to take itself seriously, it has to swallow its pride, and work on transforming the Republican Party. "

What a novel idea, no ones tried that before. Also yet again, why not the Democratic Party?

"The problem of working within the Republican Party is that our good guys can be morphed into traditional Republicans. We cannot let this happen."

Can be should be changed to happens 99.99% of the time and morphed into should be changed to keeping the positions they have always held while "Libertarian" Republicans pretend it was all part of some giant strategy that never seems to actually turn into Liberty.

[AnCap Dave]

More anti-GMO conspiratard bullshit.



I hope these people don't eat orange carrots.

[tnu]

When you have a positive argument for a better system instead of whining about the one we are currently using feel free to start a thread.

[Ibrahim90]

When you have a positive argument for a better system instead of whining about the one we are currently using feel free to start a thread.

wtf?

EDIT: OK, that was supposed to be quoted TNU's failquote post...It's been fixed

[R.E.H.W.R.]

Union thugs decide to destroy a tent put up by the AFP.
Not a big fan of the AFP, but WTF.

[yt]GtbWbw66KrI[/yt]

[R.E.H.W.R.]

http://www.ageofautism.com/2010/12/oh-brother-john-stossel-also-has-pharma-ties.html

God, I hate this morons.

[AnCap Dave]

http://www.ageofautism.com/2010/12/oh-brother-john-stossel-also-has-pharma-ties.html

God, I hate this morons.

He's a baby killer, and as such his opinion isn't valid for anything other than confirming that he's a baby killer and a moron.

That might seem harsh and out of line, but the fact that he's an anti-vaccer means that is exactly what he is and he shouldn't be taken seriously at all.