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Author Topic: Bailouts and stimulus and what got us here!  (Read 401 times)

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Offline Gary G

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Bailouts and stimulus and what got us here!
« on: March 13, 2009, 02:02:38 PM »
I think that most people with common sense knew that the bailout was wrong, and that the government is doing the wrong thing. Yet many don't exactly understand why they are right.

http://www.lewrockwell.com/woods/woods104.html

I knew this tsunami was coming and got all my money out of the stock market as well as my wife's 401k. I am not that smart; it is only that I have read Von Mises and Hayek. Tom Woods makes a very understandable explanation of the Austrian Business Cycle (as it is called) that explains the root cause of the bust that we are experiencing.

Folks, we are losing our Republic to the false doctrine of Keynesianism.
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The sole purpose of government is to protect your liberty. The Constitution is not to restrict the people, but to restrict government.  Ron Paul

The two enemies of the people are criminals and government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first. - Thomas Jefferson

“Everyone wants to live at the expense of the State. They forget that the State lives at the expense of everyone.” — Frederic Bastiat

Offline phalanx

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Re: Bailouts and stimulus and what got us here!
« Reply #1 on: March 13, 2009, 02:22:03 PM »
And just where did he get these trillions he is tossing around ,as China is asking for Collateral on our T Bills.
Why is he sending in the Millitary ,or whats left of it  ,to states he never cared about until now .
Did they use our lands and our Freedoms as a bartering chip ,so that the east and west coast could get loans .


It wouldn't be hard you know, just one day when China rolls into your Home town and says they now own it ,dont count on the US Millitary to take steps to stop it.
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In this time i Command ,That you take the Secular to Jerusalem .
There you rid the Holy City of the Scourge of Islam , Make the streets run red with the Blood of those who wish to wash Israel and Christianity from the face of the Earth.
Constantine III
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