It’s End-the-Fed day today. I thought I’d commemorate it by posting a video featuring Peter Schiff (Ron Paul’s campaign finance advisor), who accurately predicted the sub-prime meltdown and the ensuing recession.
Some great quotes (emphasis added):
Our markets are going lower. This is not just a financial crisis; this is an economic collapse. Our entire phony economy [...]
I missed another Liberty Book Club meeting this week, but I have been reading the books. This month’s book was Murray Rothbard’s The Case Against the Fed, which you can buy from Amazon, The Ludwig von Mises Institute, or download for free (MP3s).
Anyone who wants to really understand the underlying causes of our dangerous boom [...]
From yesterday’s excellent Campaign for Liberty mailer:
After the Paulson $700 billion bailout package passed in early October, we knew it was only a matter of time before Congress moved to use your money yet again to bail out a struggling industry.
Now, a vote to give funds to the “Big 3″ auto manufactures, GM, Ford, and [...]
UVU is showing an important (although significantly flawed) documentary tonight. “I.O.U.S.A.” is important because it highlights just how bankrupt we are as a country. It describes how our current debt and obligations (unless significantly curtailed) will enslave future generations for years to come, essentially charging the cost of our glut to our children’s and grandchildren’s [...]
This is who I’m being for Halloween. :)
Ron Paul was dead right about the economy. If you haven’t watched his videos on YouTube, you should. He was calling the bursting of the housing bubble well before it happened. And the credit crunch? Yep, he’s warned of that too.
Ron Paul would have smoked Obama in the [...]
I finally got off my butt and bought a year’s supply of food storage a couple of weeks ago. I just can’t tell you how good it feels. It was mostly just wheat, beans, and rice; but we got a few other things to make it a little more tolerable. Let me just say, it [...]
On the bailouts, I just came up with this one liner (in the tradition of Yakov Smirnoff):
“In Soviet America, bank robs you.”
It would be more funny if it weren’t so true –or if it were said by a Ukrainian.
Well, the $700 billion (pre-pork) bailout bill passed 263 to 171, and our “conservative” president GWB has already signed it into law. Here’s the House vote and the Senate vote so you know who to hate.
Here in Utah, Senators Bennett and Hatch broke their oaths to defend the constitution, with Bennett being one of the [...]
Today the US House of Representative is very likely to pass one of the most stupid pieces of legislation I have ever seen. They’re getting MAJOR pressure by the president, majority and minority leaders in congress, both major party presidential nominees, the Federal Reserve, and everyone else you can think of to pass an “emergency” [...]
The Deseret News is reporting that Governor Huntsman has ordered the Utah State Department of Commerce to monitor gas prices.
That’s just politics as usual, but I’m alarmed by how many people here in “conservative” Utah are commenting that they want the government to step in and “do something” rather than just “monitor”. It’s like we’re [...]
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