Lurker > the_champ999

I just found this topic string, is it just a B8 writing contest?

So on a macro economic scale, if the cost of borrowing money is low, artificially low as in the case of the Fed keeping interest at or near 0, this causes unnatural borrowing?

Where does all the money borrowed come from? It seems like a scarcity of borrowable money would result, especially considering how much money the government borrows.

Also, what does unnaturally low interest rates do to investors and big businesses?

So I was talking to my friend, and he brought up the very simple question about why low interest rates are so bad, and what they do to businesses. I was able to offer a few answers but it made me realize I don't know exactly how interest rates affect a national economy, especially interest rates set by the Fed. Can anyone help me get a solid understanding of this?

Awww yeah all 3 of my congressmen have cosponsored it.

I found this to be a dramatic but informational rant by Peter Schiff, does anyone have anything that corroborates his arguments? Just in case anyone I talk to about it claims he has no backing. <_< I'm too lazy to fully investigate the supreme court's decision.

Augh Peter Schiff's radio is not a good time for me and he charges for getting podcasts... well I wouldn't expect anything different from him.

This is exactly what Peter Schiff was talking about in his radio show by the way. He said that he would prefer any anti-Seitic business owners in New York to put up "No Jews Allowed" signs so that he and all his friends would know that place was anti-Semitic and would choose not to shop there. Under current laws, racist business owners merely hide their racism and still benefit from the business of those they are racist against.

Ok, while unpleasant, this makes a lot of sense. Like, I don't like racist people, but I'd much prefer racism to be communicated in words rather than fists. I'd like there to be no racism at all, but unless I master mind-control and can take over everyone's lives before Obama can, I'll settle.

I have to say as well, this topic has made me a Peter Schiff fan.

I'm kind of with Lasastryke on the racism one. I think racism is inherently wrong, and I feel like people can have a freedom to only serve products to those they want to, but there is a limit. If the bartender said he didn't feel comfortable serving the guy and asked him to leave, that's one thing, but forcibly removing him violently isn't something I'd say is fair.
If companies can do whatever they want on their property I'd be scared to go into some stores knowing I could get beaten for no apparent reason.
I think right now this concept is in favor of affirmative action and racial oversensitivity, but the opposite extreme is just as undesirable.

tag

Well, the article is considerably biased. Does anyone wonder if the author likes the Southern Elite?

That being said, it makes some good points and some weaker ones. First, it's rather cloudy. How exactly do the Southern Elite manipulate so much? If you're actually worried about this to the point of counteracting it, understanding the how would be very important.
Also, towards the end it says that the Southern Mentality is now everywhere which means it's not really currently a Southern Mentality. It helps to name it and gives us a comparison, but he could have rewritten the article focusing on hierarchal ideals rather than sticking a strong mental connection between bigotry and the South.
As one who's lived in the South most of my life, I can understand part of what he means, but at the same time it's a bit farfetched. Where I'm from racism is still an issue but it's progressed far from what it was in the 60s. I don't live there anymore so I can't say if racism is on the rise, but I may ask around.

I guess my biggest question is if someone could write this from a conservative perspective, declaring that conservatism has won some battles but is likely to lose the war and cost us humanity.

I don't like it when people are obviously trying to sell me an idea, I prefer to browse and ponder, and come to my own conclusion.

Aww yeah getting paid for something I already do.

This one goes well with, "Why don't zombies finish their meals?" also on a cracked list.

For the social aspect I would say there's no replacement. As cool as it is to skype a classroom of Chinese children, being in China with the kids is just a whole different experience as one of my friends would tell you who is coming back from China in a fortnight. For scientific majors, it probably doesn't make a big difference, although it also depends on what school your studying abroad at.

But if you eat the cake, then it's inside you, and really, is jewelry supposed to be inside or outside a jewelry box?

http://arcticready.com/kids
It gets better...