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Quote: from ronpaul691 at 1:22 pm on July 23, 2008

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Bush and his cabinet are not in charge of either fiscal or monetary policy. Stop making stuff up just because you hate Bush lol.

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I realize you are a troll, but you are dead wrong on both. Bush has a large amount of leeway when it comes to fiscal policy and he has so far failed to lean on Uncle Ben to do a damn thing about the dollar. Furthermore, Uncle Ben's polices have been in line with the Bush administration and have filled in the huge gaps in funding caused by Bush policies.  

I'd love to see you explain how Bush pushing the debt to huge levels has no effect on the dollar and inflation, but you're just a goddamn troll that should have his internet removed permanently.  

Furthermore, I'd love to see you explain how releasing billions of currency into the market from tax cuts and stimulus payments has no effect on inflation.  

Fucking troll.

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Once again, Bush and his cabinet are not in charge of fiscal and monetary policy lol.

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and he has so far failed to lean on Uncle Ben to do a damn thing about the dollar. Furthermore, Uncle Ben's polices have been in line with the Bush administration and have filled in the huge gaps in funding caused by Bush policies.  

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Congress or Bush has no power whatsoever to do any leaning on the Federal Reserve even if they wanted to. Also why do you keep blaming Ben Bernanke? He only took over in 2006. The guy before him was serving since 1987.

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Once again, Bush and his cabinet are not in charge of fiscal and monetary policy lol.

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So you're arguing that the Executive branch has absolutely no say over anything regarding fiscal or monetary policy?

I wonder how Paul Volcker would react to that comment, especially after Reagan personally asked him to change policies to suit his administration's agenda.

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Congress or Bush has no power whatsoever to do any leaning on the Federal Reserve even if they wanted to.

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The Volcker-Reagan relationship says you're completely full of shit troll. Furthermore you are massively ignorant to the concept of Congress's ability to remove federal board members as well as presidential power to renominate.

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Also why do you keep blaming Ben Bernanke? He only took over in 2006. The guy before him was serving since 1987.

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Because Bernanke refuses to engage in any inflation fighting tactics. He keeps flooding the market with currency through low interest rates.  

Do you know anything at all? Goddamn troll.

Post edited at 9:30 pm on July 23, 2008 by obvious child

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Obviously he is. He also invented AIDS and is the sole driving force behind Global Warming. The Black Plague? Cancer? MTV? All his doing.

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His administration is partially responsible due to the policies already outlined prior in the thread.

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I'd love to see you explain how Bush pushing the debt to huge levels has no effect on the dollar and inflation, but you're just a goddamn troll that should have his internet removed permanently.  

Furthermore, I'd love to see you explain how releasing billions of currency into the market from tax cuts and stimulus payments has no effect on inflation.  

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As Predicted, The Troll Fails with flying colors

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responsible maybe not but hes PROFITING from it big time

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How so? Do you have Bush's investment disclosure report?

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http://www.commondreams.org/headlines01/1211-05.htm

http://www.americanprogress.org/issues/2004/06/b99415.html

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"Everyone helpin' each other whenever they can we makin' it happen, from nothin' to somethin'
That's how we be survivin'" - BEP

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So you're arguing that the Executive branch has absolutely no say over anything regarding fiscal or monetary policy?

I wonder how Paul Volcker would react to that comment, especially after Reagan personally asked him to change policies to suit his administration's agenda.

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I'm saying what I've been saying. The Bush administration is not in charge of monetary or fiscal policy. You're the crazy trying to pin everything on Bush with a bunch of non sequiturs.

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Not ENTIRELY responsible, but many policies of the Administration have directly led to increased prices.

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The Volcker-Reagan relationship says you're completely full of shit troll. Furthermore you are massively ignorant to the concept of Congress's ability to remove federal board members as well as presidential power to renominate.

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So Bush is in charge of Congress now? Congress can abolish the entire Federal Reserve if they wanted to. How is this related to Bush?

Being able to nominate the chairman doesn't equate to having any direct control over monetary policy. The bottom line is that the president has no say on monetary policy. Neither does Congress.

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Because Bernanke refuses to engage in any inflation fighting tactics. He keeps flooding the market with currency through low interest rates.

Do you know anything at all? Goddamn troll.

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Right, there was no inflation before Bernanke. Greenspan never lowered rates.

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I'm saying what I've been saying. The Bush administration is not in charge of monetary or fiscal policy. You're the crazy trying to pin everything on Bush with a bunch of non sequiturs.

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You're a moron if you think that.

You just agreed that the Executive branch has absolutely no say over anything regarding fiscal or monetary policy.

Paul Volcker says you're completely full of shit.

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So Bush is in charge of Congress now? Congress can abolish the entire Federal Reserve if they wanted to. How is this related to Bush?

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Fail. I never argued that Bush is in charge of Congress. That's a strawmen argument. Furthermore, you are misconstruing my argument. You stated that Congress has no power over the Fed. That is outright wrong. While it cannot defund the Fed, it does have the capacity to confirm appointments and impeach members. You are wrong. You are always wrong.

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Being able to nominate the chairman doesn't equate to having any direct control over monetary policy. The bottom line is that the president has no say on monetary policy. Neither does Congress.

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Incorrect. You are ignorant of the relationship between Volcker and Reagan. While in principle the Fed is meant to be independent it has historically proven to be less then independent. And no one argue anything about direct control except for you. You are attacking me on something I never argued. That's dishonest you POS.

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Right, there was no inflation before Bernanke. Greenspan never lowered rates.

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Irrelevant. While Greenspan was at fault partially for failing to take away the punch, Bernanke has done virtually nothing to stop the slide of the dollar.

Claim I'm wrong all you want, but when you refuse to answer these two questions, you're nothing but full of shit.

I'd love to see you explain how Bush pushing the debt to huge levels has no effect on the dollar and inflation, but you're just a goddamn troll that should have his internet removed permanently.  

Furthermore, I'd love to see you explain how releasing billions of currency into the market from tax cuts and stimulus payments has no effect on inflation.  

But you won't, because you're a troll.

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