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TexasBroski (November 30, 1999 at 12:00 am)
Why does the government silence this guy? hhhmmm...Maybe its because they dont want him to fix America! Jesus fucking Christ!
RonPaulisInsane (November 30, 1999 at 12:00 am)
The bailout is trying to inject capital into the banks to prevent them from becoming insolvent. A few percent equity can prevent the whole institution from collapsing.
But you are right. I don't think the fed's interest rate cuts are going to do much now.
Lyndehouse (November 30, 1999 at 12:00 am)
The problem is the only tools at the Fed's disposal are printing more money out of thin air and lowering interest rates---which just adds fuel to the fire. The US is done for my friend unless integrity is created and this is not likely because of greed, pride and the elite desire for secrecy and control.
RonPaulisInsane (November 30, 1999 at 12:00 am)
Our government did make many mistakes that created this crisis. Destroying the world's economy is not the answer.
My site's comment board asks many hard hitting questions about Ron Paul's *never blame the free market* mantra.
Lyndehouse (November 30, 1999 at 12:00 am)
We need real money (backed by gold, silver or commodities) and the Fed not setting interest rates. I believe the Fed should stay but become much more transparent in their activities. Printing money out of thin air or lowering interest rates (below market levels) turns our dollar into monopoly money and screws the poor most. THE FED NEEDS INTEGRITY NOT SECRETIVE PRIVATE BANKERS MAKING DEALS IN BACKROOMS.
RonPaulisInsane (November 30, 1999 at 12:00 am)
Lyndehouse, a financial collapse would cause a catastrophic contraction in our money supply that would go far beyond anything we are seeing now.
My site's video from Milton Friedman describes how.
Lyndehouse (November 30, 1999 at 12:00 am)
Actually what we are doing now is insane. These bailouts and stimulus checks will be the base for a decade long depression and will lead to the dissolution of the United States.
Naoko96 (November 30, 1999 at 12:00 am)
ugh! im so horny right now! lol
HEY! U ! MSG me on M.S.N. T3
RonPaulisInsane (November 30, 1999 at 12:00 am)
*It NEEDS to collapse*
That is insane.
You don't need to destroy your economy in order to reduce inflation, interest rates, or debt.
We were able to reduce the federal debt from 108% GDP in 1946 to 24% GDP in 1974, inflation from 13% in 1980 to 2% in 1986 without a collapse.
We even changed monetary systems twice.
IamBozak (November 30, 1999 at 12:00 am)
You wont find any friends here while you pump that BS. It NEEDS to collapse before we can rebuild it. Fueling a false economy is what is insane and this man is the only one to step up with some real solutions. What positive advise have you offered the people of this country in the past year. Exactly, so screw you and your insane views! |
