Tuesday, September 23, 2008

Ron paul: Bailouts will lead to rough economic ride

"...governmental measures, combined with the Federal Reserve's loose monetary policy, led to an unsustainable housing boom. The key measure by which the Fed caused this boom was through the manipulation of interest rates, and the open market operations that accompany this lowering."

read more | digg story

Sunday, September 21, 2008

The Contrast: Barack Obama vs. John McCain

A video montage showing the two candidates' response to an AMERICAN crisis. Can you tell who is really serious about guiding America through this?

read more | digg story

Saturday, September 20, 2008

Administration Is Seeking $700 Billion for Wall Street Bailout - NYTimes.com

Administration Is Seeking $700 Billion for Wall Street Bailout - NYTimes.com: "A fourth, smaller group of lawmakers was highly critical and in some cases adamantly opposed to the plan. That group included including Senator Jim Bunning, Republican of Kentucky, and Senator Bernard Sanders, independent of Vermont.
The free market for all intents and purposes is dead in America,” Mr. Bunning declared on Friday. “The action proposed today by the Treasury Department will take away the free market and institute socialism in America. The American taxpayer has been misled throughout this economic crisis. The government on all fronts has failed the American people miserably.”"


So it seems to me that any "conservative" who was concerned about Obama's leftist socialist agenda should now be unopposed as we are already there. When does the government take over other failing institutions, like GM? This move makes the democrats look like right-wingers.