I've told myself not to post comments like this, but screw it. They are PURPOSELY destroying this system to create another one. One which will be larger in scope and give them more power. Robert Rubin (Clinton's Treasury Sec.) pushed for deregulation of derivatives AND received $120 million in compesnation from Citigroup after he ran them into the distressed state they are in today. This man was invited to speak at my college, WHY?!
Those who run the printing presses eventually end up owning everything. Crash the economy, then come in and buy it all up. They're in control of all the important choke points, and until we the people stand up and start running these guys out of town on a rail (after tarring and feathering them), it'll be more of the same.
I agree, I think Ron Paul's comment says it all about having 19 million unoccupied homes. They're unoccupied 'cause no one is buying them obviously. No one is buying them 'cause they're too expensive. This is why the true free market will come back eventually because people will wake up to the logic that the consumer should be determining the price, not the government. If the consumer did, then most of those homes would be occupied.
I just hope that the current depression doesn't lead to food shortages and chaos here in major cities. A sign of hope, though it might be fragile, is that the House Financial Services Committee is pushing for more transparency with the Fed, and which MIGHT lead to restructing it and curbing its powers somewhat, however the Obama administration is far from advocating any of this...let alone not printing more and spending less.
I've told myself not to post comments like this, but screw it. They are PURPOSELY destroying this system to create another one. One which will be larger in scope and give them more power. Robert Rubin (Clinton's Treasury Sec.) pushed for deregulation of derivatives AND received $120 million in compesnation from Citigroup after he ran them into the distressed state they are in today. This man was invited to speak at my college, WHY?!
Dannyboy8155 3 years ago
Couldn't agree more.
Those who run the printing presses eventually end up owning everything. Crash the economy, then come in and buy it all up. They're in control of all the important choke points, and until we the people stand up and start running these guys out of town on a rail (after tarring and feathering them), it'll be more of the same.
Buy guns and food. ;)
jpschubbs 3 years ago
i wonder will Ron Paul become a God?
dan020350 3 years ago
I agree, I think Ron Paul's comment says it all about having 19 million unoccupied homes. They're unoccupied 'cause no one is buying them obviously. No one is buying them 'cause they're too expensive. This is why the true free market will come back eventually because people will wake up to the logic that the consumer should be determining the price, not the government. If the consumer did, then most of those homes would be occupied.
TennisPoliticsBoston 3 years ago
I just hope that the current depression doesn't lead to food shortages and chaos here in major cities. A sign of hope, though it might be fragile, is that the House Financial Services Committee is pushing for more transparency with the Fed, and which MIGHT lead to restructing it and curbing its powers somewhat, however the Obama administration is far from advocating any of this...let alone not printing more and spending less.
linkswinter 3 years ago