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| Ron Paul on $700B Bailout - Most Sober Diagnosis yet |
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"the worst thing that we can do is to
perpetuate the bad policies that gave us this
trouble in the first place,...we need to
change the policies...the $700 billion
bailout is not going to do it...it will
destroy the Dollar and will prolong the pain
for decades...This is Wall Street in big
trouble and sucked in Main Street and dumped
all the bills on Main Street"...Ron Paul
My comments:
US is spending $1 trillion per year to
support oversea US military/embasy operations
around the world. So $700 billion bailout
isn't that big...But are they really trying
to do "patchworks" cover-up for the
fraudulent $62/year trillion dollars US
financial derivatives market (some $600
trillion of derivatives exist on the books of
U.S. big banks) that don't really worth the
papers that those derivatives were printed
on?
Tags : Bush $700 billion bailout Ron Paul inflation destroy dollars cover up financial derivatives implosion |
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Affichage : 4299
Durée : 459 s |
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