Congress: NO STIMULUS!!!

10 February 2009

“Federal intervention rests on the presumption that officials know how to manage the economy and will use this knowledge effectively. This presumption always had a shaky foundation, and we have recently witnessed even more compelling evidence that the government simply does not know what it’s doing. The big bailout bill enacted last October; the Federal Reserve’s massive, frantic lending for many different purposes; and now the huge stimulus package all look like wild flailing – doing something mainly for the sake of being seen to be doing something – and, of course, enriching politically connected interests in the process.”

http://www.csmonitor.com/2009/0209/p09s01-coop.html

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The mortgage fiasco of 2007

18 December 2007

Lew Rockwell:

“The sea of inflationary credit is the core problem behind the falling dollar, the subprime crisis, the housing meltdown, not to mention the rise in the national debt and a thousand other problems.

And how do they deal with it? More credit and more calls for controls. No one in Washington seems to understand the reason for the crisis, much less how to fix it.”

http://www.lewrockwell.com/rockwell/mortgage-fix-mirage.html

A video a day

4 December 2007

This video is very powerful, and explains in clear terms the “inflation tax” that will eventually destroy the US economy if we don’t stop reckless spending and money creation by the Federal Reserve Bank.

Vote Ron Paul in 2008, and restore the Republic.

OK, maybe not. But it’s really hard to tell he’s talking about the Vick trial.

http://www.classicalvalues.com/archives/2007/07/post_397.html

(Hat tip: Instapundit)