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nowayjose470 (November 30, 1999 at 12:00 am)
Bingo, codej0. Who do we owe it to: Indeed. Debt wasn't a problem when we owed it to ourselves and every interest dollar paid is one dollar earned. Debt wasn't a problem when we were financing a production infrastructure. When we shifted to consumer debt in the era of Keynesian economics is when debt became a problem.
But you won't win anyone to your side by calling them sheeple. It isn't their fault they were socially engineered to accept the role of government in our lives.
rosewood223 (November 30, 1999 at 12:00 am)
this guy doesnt make sense.
listen to mccain.
all americans listen to mccain
codej0 (November 30, 1999 at 12:00 am)
The estimated population of the United States is 304,898,343 so each citizen's share of this debt is $33,707.86. To whom do we owe this debt? Ourselves? LOL! Wake up and smell the coffee, Sheeple!
nowayjose470 (November 30, 1999 at 12:00 am)
Ron Paul has been dead on for decades about our economy, and so are the Austrian economists he learned from (they predicted the Bear Stearns crash a decade ago.)
The bailout isn't the beginning of the end, it's the end of the beginning for the worst financial crisis since 1929.
indyrecordstore (November 30, 1999 at 12:00 am)
youll see soon enough he was right on about everything, hopefully it wont be too late when everyone realizes it
jackooboy (November 30, 1999 at 12:00 am)
Game Over.
alcoholic714 (November 30, 1999 at 12:00 am)
Live simply so that others may simply live.
crashoppe (November 30, 1999 at 12:00 am)
It seems they want us to "buy" these morgages so THEY can profit from the assets(housing)of the morgage. The houses and their value are still there.
I'll be more willing go to prison for tax evasion before bailing out yet again the same 'ol failing system,,,,,AGAIN.
WHAT GOOD DID IT DO YOU WHEN YOU BAILED OUT THE AIRLINES NOT TOO LONG AGO ???!!! HEELLLOOO????????????
GO RON PAUL/ CHUCK BALDWIN '08 !!!!!
MagellanOfBass (November 30, 1999 at 12:00 am)
This guy makes sense.
tommyde8 (November 30, 1999 at 12:00 am)
2003 reform was proposed on Freddie Mac / Fannie Mae -
This is Barney Franks Response: ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.'' |