ZenLunatic Posted October 21, 2008 Share Posted October 21, 2008 A New Era of Slavery?by Ron Paul In the midst of highly unpopular bailouts of Wall Street, many justifications have been given about why Washington feels the need to act. Some claim that capitalism and the free market are to blame, but we have not had capitalism. If you compare our financial capital to our aggregate debt, this would be obvious. In the same way, we have not had a truly free market. The monetary manipulations of the Federal Reserve, a complex tax code, the many Quote Link to post Share on other sites
MattZ Posted October 21, 2008 Share Posted October 21, 2008 A New Era of Slavery?by Ron Paul Someone should direct Ron Paul to the Ideology vs. Reality thread. I am sure it's easy for Ron Paul to use ideology to call for banks to fail. He won't have to deal with the reality of the fallout. Quote Link to post Share on other sites
JUDE Posted October 21, 2008 Share Posted October 21, 2008 I agree with much of this. Quote Link to post Share on other sites
Griddles Posted October 21, 2008 Share Posted October 21, 2008 Where is this from? Quote Link to post Share on other sites
kwall Posted October 21, 2008 Share Posted October 21, 2008 Where is this from?http://www.ronpaul.com/ Quote Link to post Share on other sites
ZenLunatic Posted October 21, 2008 Author Share Posted October 21, 2008 Where is this from? Check out this site if you are not familiar with Ron Paul's ideas:http://www.campaignforliberty.com/ It's not just Ron Paul, there are many economists, financial specialists, and others that think along the same lines. These people have warned us of this long ago and we laughed at them and to this day while its happening, our government ignores this voice. We are trusting the same government that told us the economy was a solid system with solid foundations just months ago instead of the people who warned this was coming and predicted the whole thing. I would be worried of our future in America if continue on this road. Youtube Ron Paul or Peter Schiff for better info. Quote Link to post Share on other sites
cryptique Posted October 21, 2008 Share Posted October 21, 2008 It's not just Ron Paul, there are many economists, financial specialists, and others that think along the same lines. These people have warned us of this long ago and we laughed at them and to this day while its happening, our government ignores this voice. We are trusting the same government that told us the economy was a solid system with solid foundations just months ago instead of the people who warned this was coming and predicted the whole thing. I would be worried of our future in America if continue on this road.They may have warned us about this, but their prescription could be worse than the disease. Quote Link to post Share on other sites
ZenLunatic Posted October 21, 2008 Author Share Posted October 21, 2008 They may have warned us about this, but their prescription could be worse than the disease. The disease has yet to do its full damage. We can take the medicine now or prolong and fuel the disease with the same ideas until the damage is alot worse. Time will tell. The people who have been right all along is the people I listen to, not the ones that lied to me and seem lost in this mess. Quote Link to post Share on other sites
ZenLunatic Posted October 21, 2008 Author Share Posted October 21, 2008 Check this out form 2 years ago: Quote Link to post Share on other sites
cryptique Posted October 21, 2008 Share Posted October 21, 2008 Time will tell. The people who have been right all along is the people I listen to, not the ones that lied to me and seem lost in this mess.There are also "people who have been right all along" who advocate quite the opposite of what Paul wants. That is to say, people on both sides of the free-market argument have warned about this financial implosion. Personally, I think Paul's ideas, had they been in practice, would have led to an even worse implosion. But, I suppose, on that we'll just have to disagree. Quote Link to post Share on other sites
Griddles Posted October 21, 2008 Share Posted October 21, 2008 Check out this site if you are not familiar with Ron Paul's ideas:http://www.campaignforliberty.com/ It's not just Ron Paul, there are many economists, financial specialists, and others that think along the same lines. These people have warned us of this long ago and we laughed at them and to this day while its happening, our government ignores this voice. We are trusting the same government that told us the economy was a solid system with solid foundations just months ago instead of the people who warned this was coming and predicted the whole thing. I would be worried of our future in America if continue on this road. Youtube Ron Paul or Peter Schiff for better info.I am very familiar with Ron Paul, but just did not see this on that site. Also, I agree with him. Quote Link to post Share on other sites
ZenLunatic Posted October 21, 2008 Author Share Posted October 21, 2008 There are also "people who have been right all along" who advocate quite the opposite of what Paul wants. That is to say, people on both sides of the free-market argument have warned about this financial implosion. Personally, I think Paul's ideas, had they been in practice, would have led to an even worse implosion. But, I suppose, on that we'll just have to disagree. Yeah, we can only wait and see. In the short term, all the trillions of dollars used to try to fix this problem will prop up our economy. What happens when we have to pay the money back? Do we just keep printing money and devalue our currency? We are borrowing too much and printing way too much. How can spending more money work? A deep recession is necessary and will come like it or not. The only question is how much can the govt do to delay it and create even a bigger problem. Quote Link to post Share on other sites
jc4prez Posted October 21, 2008 Share Posted October 21, 2008 Some of you may find this artilce intresting The Idiots Who Rule America by Chris Hedges Quote Link to post Share on other sites
Basil II Posted October 22, 2008 Share Posted October 22, 2008 ^^^^^A most illuminating article....... -Robert Quote Link to post Share on other sites
ZenLunatic Posted October 22, 2008 Author Share Posted October 22, 2008 The inevitable collapse of the dollar and the coming financial storm: Quote Link to post Share on other sites
ZenLunatic Posted October 22, 2008 Author Share Posted October 22, 2008 Today... http://www.cnbc.com/id/15840232?video=899318909&play=1 Quote Link to post Share on other sites
Panther Posted October 23, 2008 Share Posted October 23, 2008 people who have more money than they can ever spend are making money on this current collapse. Its not about money its about power. Quote Link to post Share on other sites
MattZ Posted October 23, 2008 Share Posted October 23, 2008 people who have more money than they can ever spend are making money on this current collapse. Its not about money its about power. All my money is in a savings account and a CD making between 2.75 and 4.25 interest. I dont have more money than I can ever spend. And I don't have all that much power. Not really sure what your point is. You can do the same and make just as much money during this collapse as I am. Quote Link to post Share on other sites
ZenLunatic Posted October 23, 2008 Author Share Posted October 23, 2008 October 22, 2008 A Missed Opportunityby John Browne Most Americans have come to accept the simple truth that we have eroded our national wealth by consuming far more than we produce. With this understanding taking hold, and with the severity of the financial crisis spreading, government has an opportunity to radically change course to put the nation on a different economic path. But rather than making a meaningful turn, all our politicians can do is put their foot on the accelerator. We have been told repeatedly by our leaders that consumer spending is the life force of our economy. With our industrial base all but gone, personal consumption now accounts for 72 percent of GDP. As a result, politicians simply won Quote Link to post Share on other sites
ZenLunatic Posted October 23, 2008 Author Share Posted October 23, 2008 people who have more money than they can ever spend are making money on this current collapse. Its not about money its about power. I think most people who have tons of money are down bigtime right now because everything is down bigtime. People are making money in the short-term through fluctuations, but thats all just money circulating. If you dont have money in the markets or have a mortgage, you have the most to gain here because you can get in at very low prices now and probably even better soon to come. Plus, you didnt lose any money. The big money lost at this point is in housing and stock market. Power is about money in this case, so how can it be not about money? Quote Link to post Share on other sites
Guest Jules Posted October 23, 2008 Share Posted October 23, 2008 people who have more money than they can ever spend are making money on this current collapse. Its not about money its about power.this is incorrect Quote Link to post Share on other sites
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