Ron Paul on the "Bailout"

Ron Paul on the coming meltdown that I and others have predicted for years.

The financial meltdown the economists of the Austrian School predicted has arrived.

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy - all the capital misallocation, all the malinvestment - and prevent the market’s attempt to re-establish rational pricing of houses and other assets.

Read more: http://www.ronpaul.com/2008-09-25/ron-paul-my-answer-to-the-president/

Dr. Evil to the Rescue

My question is, if it’s so easy to just create this kind of “money” out of thin air, why only half a trillion? Hell, let’s fire up those printing presses! I say we should make it $100 trillion dollars (my finger raised to the corner of my mouth) and let’s not stop there. Let’s give every person in this country let’s say . . . oh, I don’t know . . . $1 million (once again finger to mouth); that should really fix things!
The problem with this kind of thinking is it won’t work. All that will happen is the problem will get much worse, inflating our already devalued dollar. The government knows this yet still has no problem creating more “wealth” out of nothing. You cannot make something out of nothing; it doesn’t work that way. This is nothing more than a scheme, one that would land the average broker on Wall Street in prison, but the government gets away with it every day! The United States government is the number one counterfeiter in the world, the number one Ponzi scheme operator and the number one enemy of the free market system.

Read More: http://www.strike-the-root.com/82/wasdin/wasdin2.html

Grand Illusion - Gas Prices are NOT Going Up

A must see!

http://www.youtube.com/watch?v=LEsEvb1WsIY