Dr. Richard Rahn treats you to a rare and factual accounting of how we got into this mess--and the right and wrong ways to get out of it.
Dr. Rahn knows--he's been an economic advisor to the first President Bush, is a columnist with the Washington Times as well as an author. Dr. Rahn is a senior fellow at the Cato Institute.
A few of the topics covered are the role of the liberal Community Reinvestment act (Barney Frank's Frankenstein creation), FannieMae and FredieMac.
How did federal reserve policy contribute? What's a hedge fund or a mortgage-backed security? Will the government pay off the massive deficit through hyperinflation? What did Ronald Reagan do right that solved the ecomonic mess left by Jimmy Carter? How are the Chinese and US economy tied together? Should capital gains and corporate taxes be cut? More regulations or less? More government spending (Keynesian) or less?
Dr. Rahn: http://www.cato.org
Find out the facts.
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Cool eye patch.
xSilverPhinxx 11 months ago
ARRRRRRG!
TheArsenalfc101 1 year ago 2
Dr. Rahn here sounds somewhat like those few in the investment and financial world that view what has been happening through the prizm of the Austrian School of Economics. I kind of doubt that is subscribes to that school of thought, but he don't sound far from it.
I wish Mr. Philips would interview Marc Faber or maybe Peter Schiff regarding the economic crisis as well.
CBound 2 years ago
There is no doubt among those who understand the issue that GOVERNMENT intervention led to the economic collapse.
LPBguy 2 years ago