John Stossel Interviews Ron Paul 20071207 part 1
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There were secondary factors. Like the manufactured "R.E. bust" due to making variable loans in 2001-2006 to ppl they knew soon would not be able to pay them back when rates went up as they knew they would have to in order to prop the $.
"GOT FACTS" to go w/suppositions?
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Stossel is a worm; here's where he helped bring down our economy:
watch?v=AyeHdD4FOfc
UnoRaza 2 years ago
lol...you are so wrong it isn't even funny. Do you realize that if we are able to get things a bit cheaper we have extra money to go to the movies, go out to dinner, build a pool, etc??? SOMEONE has to do those jobs....so it isn't affecting the economy at all. We are just replacing ONE type of jobs with ANOTHER.
THINK Dude..lol
AStarSpangledGirl 2 years ago
THINK Dude??
Can't ya see for yourself? This happened in 1998. Have you seen much new job growth? DUH, look at the results; they speak for themselves.
Clue: Read Gibbons reasons for the fall of the Roman empire. They used slaves to 'outsource' and 'save money'.
The problem was none of their local economy had any money to spend and it went plop. (Just like ours.)
Nuf said...
UnoRaza 2 years ago
I completely disagree. If this was the only thing affecting our economy I MIGHTthink twice about it...but our economy has fallen for many other reasons than trade.
AStarSpangledGirl 2 years ago
Now there's a real statesman! Not this sham of mainstream media politicians such as Obama, Romney, Pelosi, etc.
moonraven3 2 years ago
Moon..I agree..which is why we have to keep his message and name going strong. Specially now that his son is running for Senate in KY and Peter Schiff in CT. Please keep it going. :)
AStarSpangledGirl 2 years ago