Ron Paul speaks (bankrupt, interest, tax, money)

[Wild Style]

interesting piece


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Glenn Beck is a cut up


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[bale002]

Should we bother to cast a vote for a Congressman?

[bxlefty23]

im 26 and have never voted because every politician ive ever seen is a liar, crook or incompetent

Paul motivated me to vote, and while he has no chance of winning this countty woul be so much better off if he won.Im sick of the lesser of 2 evils nonsense.

[Joe107]

I like Paul alot when it comes to getting gov spending under control
However, I really agree with the bailout package.

[tony23]

Originally Posted by Joe107

I like Paul alot when it comes to getting gov spending under control
However, I really agree with the bailout package.

I can't make any sense of that.

[bxlefty23]

the bailout package is another piece of trickery by the us govt
they do this all the time
banks would not run themselves in the manner that they do if the govt did not encourage such behavior
their is not 1 logical reason that taxpayers thru income tax or inflation should pay for a bailout
The whole "too big to fail argument" is a load of crap
it would hurt short term, in the long run you can not keep throwing good money after bad, its a house of cards and does not work

And this is assuming that the numbers quoted will in anyway even resemble the actual amount of money being used in the bailout (this never happens)

Greedy people, greedy banks and a govt enouraging and enabling the banks to conduct business in such a risky manner is the reason we are in this mess

I dont see how you can agree with paul about getting govt spending under control and agree with the bailout. They are polar opposites.

[tallrick]

Yes instead of investment bankers and traders going bankrupt, we can have our government go bankrupt. Pure genius.

[Lincolnian]

I don't see how we possibly could give the Treasury the authority to act as they see fit up to $700 billion dollars without challenge or prosecution if they make irresponsible decisions.

Certainly there must be a better way!

[bale002]

Originally Posted by Lincolnian

I don't see how we possibly could give the Treasury the authority to act as they see fit up to $700 billion dollars without challenge or prosecution if they make irresponsible decisions.

Certainly there must be a better way!

Because "our" congressmen, democrats and republicans alike, are bought off, and it's relatively inexpensive, only 535 of them representing 300 million people and, what, a $12 trillion per year economy.

"We" the people are too busy working and paying bills to really be on top of the situation.

The first step is to manage one's own household budget (how many regular citizens can't even balance a checkbook?), participate in one's own municipality budget, school board budget, and so on.

Whether we take responsibility for ourselves or not, we get what we deserve.

To be sure, there are many responsible Americans who do sensibly manage their household budgets and it is a pity that they have to pay for the irresponsibility of others.

But it rains on the just and unjust alike.

[Lincolnian]

Allowing the Treasury Secretary to have such broad power with out having to answer to the people's representatives (Congress) is unconscionable.

It is a spit in the face of democracy! I thought that the Fed chief was the most powerful person in the world? Now it looks like were going to have two boys with "big guns" in positions to play oneupmanship using our money.