From: kris@bsg8.Corp.Sun.COM (Kris Skrinak)
Newsgroups: alt.flame
Subject: From alt.politics.libertarian
Date: 17 Dec 1992 02:33:51 GMT
Organization: Sun Microsystems, Inc.
Distribution: world
Reply-To: kris@bsg8.Corp.Sun.COM
NNTP-Posting-Host: bsg8.corp.sun.com


In article @engin.umich.edu, positron@engin.umich.edu (Jonathan Scott Haas) writes:
> In article <lit3diINN315@jethro.Corp.Sun.COM> kris@bsg8.Corp.Sun.COM writes:
> >> As someone who's played the commodity markets for years, I can tell you

I have often laughed myself to sleep, thanking the lord that idiots
like you do 'play' the commodity markets.

> >> that there's a very, very important difference between dollars as a
> >> commodity and gold or bellies as a commodity.
> 
> >As someone who's played the commodity markets for years you should know
> >that the Fed does not increase the money supply by printing money,
> >refer to the previous post.
> 
> No, you are entirely correct, the Fed does not print money. The Treasury
> Department does. And if you think that the Treasury does not increase
> the amount of currency by printing more than it destroys, you are sadly 
> mistaken.

The Fed controls the money supply by controlling the discount rate. The
Treasury keeps enough currency in the economy to keep transactions liquid.
Only an idiot unable to pull his head out of his ass long enough to
look at an Intro. to Econ. book would make a claim like yours.

> 
> The Fed's manipulation of the money market is, of course, a different
> matter. I didn't mention the Fed, nor did I hear anyone else mention
> it, so I don't know why you brought it up.

Maybe because I have taken enough interest in the topic of discussion
to research it and not just emotionally argue about it like you!

> 
> >Also, when someone starts pulling up their crudentials you know they
> >are losing ground.
> 
> Please enlighten me here... what is a crudential? Does it refer to the
> ability to spout crud? If so, I bow to your obvious gifts in this area.
> 

You know they say that spelling ability and intellectual power are
inversely related. And thank you for the compliment! I spoted the shit
coming from your e-mail address in a New York second.

> Or if the word you were looking for was "credentials", you seem to be
> unaware that credentials are often used to lend weight to the words
> of their holder. 

Oh no, I meant crud-ential, but I'll consider the rest of your point.

> If someone says, "The economy is in a slump," you
> wouldn't necessarily pay him much heed. If, on the other hand, he says,
> "I hold master's and doctorate degrees in economics, I have fifteen
> years of experience as an economic adviser, and I've spent the last
> year compiling data on the state of the economy right now, and I say
> that the economy is in a slump," naturally, you'd listen more carefully
> to what he had to say. You mentioned commodity markets, so I thought
> I'd let you know that my experience in the markets is much greater
> than the average person's, and, I'll wager, much greater than yours.
> I don't hear _you_ bringing up _your_ credentials.

That's because the quality of what comes out of one's mouth has little
or nothing to do with the quantity of degrees, or in fact any past
notoriety for which you may have been recognized. I wouldn't care if
you had a noble prize, you _sound_ like the type of moron that couldn't
tell a loophole from your asshole.

I am sure that you are well recognized for your talents, however no one
hands out awards for your honors, they just run quickly in the other
direction.

> 
> >> Inflation of 5% / year is considered _good_. Think about it! 
> >
> >If the gold standard were a cure for inflation this statement might
> >have merit, refer to the previous post.
> 
> Well, let's run through this again. People with half a brain, who got
> the point long ago, you can skip this part. Kris, read on.

Surely you don't think anyone reads any of your posts except to get
some laughs! I am quite certain that I am the only one who read on.
People like you who compromise the bandwidth of the internet should 
be dunned for your excesses.

> 
> I concede that the gold standard isn't a magic formula that will eliminate
> inflation. However, the surest way to drive down the price of a commodity
> is to produce more of it. If all of our trading were done in gold (or the
> paper equivalent thereof), it would be pretty difficult to inflate
> currency by producing more of it. While the Fed does its share of causing
> inflation, the Treasury certainly does its share too.

Woah, call Ted Kopple, Jonathan 'Asswipe' Haas has uncovered sweeping 
abuses in the Treasury Department!

What kind of caveman mentality thinks that the money supply in this 
country is determined by the number of dollar bills that exist in 
the world? These meaningless pieces of paper make up a toothpick
in the pie chart of M1, called cash reserves.

Have you ever picked up an economics textbook? You don't have any
basis for any of the claims that you make, except your emotional
reactions. Are you one of those mooshy emotional liberals that 
posts on alt.libertarian just to give some rational thinkers a
hard time. Do you care so much it hurts to see successful people,
with a .com at the end of their addresses, share their views
from the side of the pulpit that earned their opinions, not stole
them from an ivory tower. Well kiss my money-making ass!

What are you doing at the U. of Mich. anyway? Surely they can find
more skilled janitors than you.

This next comment you make is great. You start flaming me as though
we were already on alt.flame. Don't you know that for this line
alone everyone on alt.libertarian thinks you're a dipshit!

> >> Are you the same guy I criticized a couple of days ago for making sweeping,
> >> all-encompassing statements like this one with absolutely no evidence to
> >> back them up? Until this discussion started on alt.politics.libertarian, I
> >> didn't even _know_ that the gold standard was in the Constitution, and I
> >> have always been very much in favor of the gold standard.
> 
> >Isn't the net great. I've learned a lot of great things here too. Maybe you
> >should read the constitution sometime. It will take you 30 mins. max.

I'm sorry. I should have known you don't know how to read. This was
really a shameful mistake on my part.

> I have read the Constitution, many times. As you should know if you've
> read it yourself, it's a pretty dry document. 

A dry document! You have lost all credibility in any libertarian's eyes!
This document is nothing less than the high-water mark in the history
of political thought. This document expresses a greater knowledge of
human nature than any of the great texts from any of the social sciences
and liberal arts.

> Let's face it, it was written
> by lawyers. 

So you're a bigot too. All lawyers are scum, like Jefferson, Madison,
Jay and Hamilton.  Let's see what blind alley you're racing down now.

> It's easy to forget parts of it. 

If it weren't for your .sig I'm sure you'd forget your own name.

> As it happened, I didn't know
> that the gold standard was in the Constitution, so sue me. 

If I thought you had any money I would.

> I brought up
> the point to counter your ridiculous, groundless, foolhardy statement
> that the only reason Liberatarians [sic] favored the gold standard was because
> it was in the Constitution.

Well here we are in alt.flame. You dragged us here. Let's see how
'ridiculous, groundless, and foolhardy' we can really get. That is,
unless, you're too yellow. But then again, that goes with most of 
the territory you've been brought up on.

> 
> >Sorry to humiliate you in public.
> 
> Let me assure you of something, to relieve you of your sorrow. It is beyond
> your capacity to humiliate me. In order to humiliate someone, that
> person must first do something humiliating.

Sounds like you're game. If you're capable, try not to take it too
seriously.

Do you believe this .sig!

> 
> -- 
> __/\__  Jonathan S. Haas         | Jake liked his women the way he liked
> \    /  University of Michigan   | his kiwi fruit: sweet yet tart, firm-
> /_  _\  positron@engin.umich.edu | fleshed yet yielding to the touch, and
>   \/                             | covered with short brown fuzzy hair.



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