Ron Paul Discusses Financial Turmoil and the Fed 9/18/08
"If the American people ever allow private banks to control the issue of their currency, first by inflation then by deflation, the banks and the corporations that will grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered."
- Thomas Jefferson
Half a trillion dollars in bailouts, then the media goes to Ron Paul for advise. Mark Ron Paul's words in this interview.
Ron Paul Discusses Financial Turmoil and the Fed 9/18/08 Reference: This Congressman warned of the Credit Bubble June 16, 2002 Someone predicted this economic collapse A year ago, who? Ron Paul Discusses Financial Turmoil and the Fed 9/18/08
The amount of lying on the part of the government and people involved in this debacle is overwhelming, the biggest challenge is to find the "truth tellers" in a game where the majority in the "public eye" seem to be, criminially inept, horribly stupid or just plain pathalogical liars.
Maybe it has always been this way, but with the internet, catching paid liars and idiots etc.... has never been easier.
Criminially Stupid? But he probably made millions for himself? Head of S & P Rating Agencies.
This guy manages $150 billion dollars? Seriously
Curbing Short Sellers One of the nation's top pension funds taking aim at short sellers, with Christopher Ailman, CalSTRS CIO and CNBC's Maria Bartiromo.
To quote Barry Ritholtz
Wow, this guy Christopher Ailman is utterly clueless. I don't usually say things like this, but "Way to keep your eye on ball, genius!"
I don't have much of a problem with the uptick rule -- its pointless, and is easily worked around by hedge funds -- but i can take it or leave. And, I agree that rules against naked short-selling -- already illegal -- should be enforced.
But if you think the current economic, credit and financial problems are caused by shorting, you are simply a smoking too much dope. (Don't do drugs, or you will end up a brain-dead piece of lawn furniture). Idiots . . ."
Watch this insane idiot:
McCain Blasts Wall Street, But Employs 83 of Its Lobbyists
McCain Lies About Reformer Credentials
FYI - Peter Schiff to Don Harrold: Let the Free Market Work it Out! Humor: I got this in the mail today from AIG ... seriously [PIC]