Ron Paul - Austrian School Economics.
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jenray
Pro - http://www.jenniferhunter.co.uk
- 2008-09-26 @ 20:41:25
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semafu
- 2008-09-27 @ 01:59:14
Yep, americans don't like socialism, and this bail out sounds a lot like socialism - but not regular socialism...
something much worse - Socialism for the rich..
You know it makes me want to got back to living off the land. There were no Harvard grads getting $20 Million bonuses when every family lived off a farm.
Just honest wages for honest work.-
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jenray
Pro
- http://www.jenniferhunter.co.uk
- 2008-09-27 @ 17:14:30
Quite mind boggling really that it should be proposed...the American people are saying nobody bails them out when they get into financial difficulties, but the government now wants to bail out the fat cats with their money!! Quite amazing...if the Senate pass this even in a form with loads of regulations attached, it will still enrage the public...and rightly so...
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Ron Paul was animated and spoke a lot of sense...seems to me the chickens have come home to roost in Wall Street after years of manipulating the market particularly for house prices...and over here as well...twenty years ago, I used to say to my husband, house prices simply cannot go on rising forever because they'll reach a point when people will have to pay so much they won't live long enough to pay off the mortgage, one day it will reach a ceiling then the everything will have to be corrected...I've had to wait a couple of decades but it looks like what I saw in the future has just happened...the whole edifice has collapsed...actually I think it's criminal what's been going on...now our young are going to pay the price because they're going to find it incredibly hard to get a mortgage they can afford in the future...most unfair they should have to pay for these damned fat cats who've made fortunes for the banks....made me laugh though when Paul mentioned socialism as if it was getting into bed with the devil...