September 30, 2008
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A time capsule of the greatest financial mania in the history of mankind, told in real-time by regular folks and patriots. May future generations better understand the madness of crowds, and how power and money corrupt.
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15 comments:
i wish ron paul was more respected! his problem is he is too wordy!! the way he speaks is a way if u are into what he is saying then u get it!, but if u are unsure of exactly (big word) what he is saying then it seem like he comes off as a rambler or a kook!
rich in fl!!!
What are you posting this crazy kook for Keith?
I LOVE BOOOOOOOOSHH!!!!
I LOVE MCCAAAAIN!!!
I LOVE PALIN!!!
Real American dumbasses! That's who we want representing us! We're a bunch of dumb fat cream filled lardass snapper turtles and we deserve representatives that are down to earth stupid-ass garden slugs like us.
Don't give me your high falootin book worms like Ron Paul!!!
The problem is that is is not good looking enough to win a vote. That is the problem.
NEVER underestimate the stupidity of the American voter !
And now I need to seclude myself in a Talmudic ceremony with my fellow congressmen.
Ahh ma hajala ishen roshahamed, ahh
Interesting stat today....
House bill not approved at a cost of 700 Billon
Market looses 1.2 Trillion in value from the bill not passing
This is a moment of national crisis, and today’s inaction in Congress as well as the angry and hyper-partisan statement released by the McCain campaign are exactly why the American people are disgusted with Washington. Now is the time for Democrats and Republicans to join together and act in a way that prevents an economic catastrophe. Every American should be outraged that an era of greed and irresponsibility on Wall Street and Washington has led us to this point, but now that we are here, the stability of our entire economy depends on us taking immediate action to ease this crisis.
http://my.barackobama.com/page/community/post/samgrahamfelsen/gGxVPm
History will be very kind to Ron Paul.
Love him. He speaks the truth.
"Interesting stat today....
House bill not approved at a cost of 700 Billon
Market looses 1.2 Trillion in value from the bill not passing"
---
That's the kind of idiotic logic we're going to be hearing a lot more of when the full court press starts for a reconsideration vote.
Pissing $700B into the ocean would not have prevented the market from crashing.
Ron Paul is RIGHT ON....The FED Bernenke and Hank Paulson are the
Problem and never will be the Solution. They want to continue to prop up the dollar and have us
turn over the Treasury to them to
do as they want with it.
Lets have public hearings by bringing in the people from Main
Street, especially those like:
Lou Dobbs, and others like Ron Paul
and fix the problem. Do not depend on the Democrats or Republicans to fix it..They tried
to Stone wall us by ramming the
BAIL OUT down our Throats. WAll
Street Created the problem, Then
fix your own by letting the market
do it for you.No more unfunded obligations, If we do not have a
dollar in the Bank then we are broke. YES, Let it be perfectly clear: The U.S. Government has no money. Our national debt is $9.65TRILLION and counting. If there is a Bail Out Evry dime will be borrowed from China, Japan, Russia and the Middle East all to keep a corrupt financial system afloat. What if the Bail out does not work? What then? I shiver at the thought. Time to Fix Wall Street....
Dallas from Kane'ohe, Hawaii
Not too many times I agree with Ron Paul.. but voting no was a good idea.... This is just too expensive. Let those bastards who sold the loans.. and sons of 'bi#^$' that bought those loans fry.. even if it means I don't get my 3rd blueray player this month.
Paul has it right. Government is too big.. and the problem was created by government being too involved in the first place. (and doing the regulation that it was supposed to anyhow).
Freedom is the solution? So maybe someone could ask Ron Paul a question like this. If there is more freedom to do as we please and less government, how do you stop individuals and corporations from polluting our environment?
Freedom has its limits and governement's role is to balance the requirement for free enterprise and freedom from corporate excesses. You cannot just bandy around words like freedom. That's the sort of thing Bush does. You need to be more sophisticated than that.
China is putting together a bailout plan that wwill save us.
Freedom is the solution? So maybe someone could ask Ron Paul a question like this. If there is more freedom to do as we please and less government, how do you stop individuals and corporations from polluting our environment?
Freedom has its limits and governement's role is to balance the requirement for free enterprise and freedom from corporate excesses. You cannot just bandy around words like freedom. That's the sort of thing Bush does. You need to be more sophisticated than that.
God, people like you such idiots. It's called property rights and the judicial system. Go read some of Ron Paul's writings you poor fool and save us the trouble from having to explain these things to you.
I have one question: what is the difference between "corporatism" and the free market? If we were to have truly free enterprise, would that mean corporations wouldn't be in control. I'm not sure I got the last part of Ron Paul's explanation. I'm serious. I just want to understand how free, unbridled, unchecked markets/enterprise was not to blame for this. It seems to me that since the mortgage market was not regulated and the underwriting got soooo lax, some good regulation like rules/standards could have prevented the housing bubble from forming.
BubbleGirl:
They always try to blame the free market when things blow up, and then set up regulations that benefit them. Regulation is a broad brush stroke that is very vague, and prevents you from understanding the true cause: loose monetary policy. You can't have a free market if you're creating money from thin air.
Also, in a free market you must be free to succeed and to FAIL. They won't let these idiots fail, and they give them the power of the printing press, so naturally there IS NOT AND HAS NOT BEEN A FREE MARKET FOR A LONG TIME. They just pretend that it's a free market so you don't question the Wizard of Oz.
So, pretending it's a free market and then saying, "See! It failed!" is a straw-man argument, and shows a complete misunderstanding of what free markets are and how they work.
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