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Economy
Ron Paul’s Statement on the Passage of the Bailout Bill
18 ResponsesUnited States House of Representatives Statement on HR 1424 October 3, 2008 Ron Paul Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and [...]
Congress Passes Bailout Bill
38 Responses263 yes – 171 no YEA: Abercrombie, Ackerman, Alexander, Allen, Andrews, Arcuri, Baca, Bachus, Baird, Baldwin, Barrett (SC), Bean, Berkley, Berman, Berry, Biggert, Bishop (GA), Bishop (NY), Blunt, Boehner, Bonner, Bono Mack, Boozman, Boren, Boswell, Boucher, Boustany, Boyd (FL), Brady (PA), Brady (TX), Braley (IA), Brown (SC), Brown, Corrine, Buchanan, Calvert, Camp (MI), Campbell (CA), [...]
Ron Paul to Congress: You’re Going to Guarantee a Depression!
18 ResponsesRon Paul’s address to Congress, Oct. 3, 2008 “Madam Speaker, I rise in strong opposition to this bill, because it won’t solve our problem. It is said that we’re in a liquidity crisis and a credit crunch, and all we need is more credit. The Federal Reserve has already injected over a trillion dollars worth [...]
A Dark Day For America
44 ResponsesThe controlled media’s “shock and awe” propaganda blitz and fear mongering campaign had its desired effect: Last night, the Senate passed the Bailout Bill 75 to 24. See who voted “yes” and “no”: Alabama Sessions (R) No Shelby (R) No Alaska Murkowski (R) Yes Stevens (R) Yes Arizona Kyl (R) Yes McCain (R) Yes Arkansas [...]
Senate to Revive Bailout Bill Tonight
83 ResponsesAs predicted earlier this week, the failed bankers and their government enablers won’t take “no” for an answer. Even though the Bailout Bill was soundly defeated by the House on Monday, the Senate still plans to vote on the bill tonight. How is this even possible? In circumvention of normal procedures, the Senate merged the [...]
No Bailout: We The People Prevailed
36 ResponsesVictory! Thanks in no small part to massive public rejection and outcry the “Bailout Bill” was defeated today 228-205. But the bankers and their allies in Congress won’t take “no” for an answer. There could be another vote as early as Thursday… so let’s keep up the pressure! In addition to speaking out against the [...]
Ron Paul to Congress: Don’t Destroy The Dollar!
11 ResponsesThe process of this bailout reminds me of a panic-stricken swimmer thrashing in the water only making his situation worse. Even a “bipartisan deal” – whatever that is supposed to mean – will not stop the Congress from thrashing about. The beneficiaries of the corrupt monetary system of the last three decades are now desperately [...]
No Amnesty For Wall Street
77 Responsesby Chuck Baldwin At the time of this writing, the U.S. House and Senate are poised to pass a $700 billion bailout to Wall Street. At the behest of President George W. Bush, the U.S. taxpayers are going to be on the hook for what can only be referred to as the biggest fraud in [...]
G.W. Bush on the Housing Boom – Oct. 2002
24 ResponsesTHE PRESIDENT: Thank you, all. Thanks, for coming. Well, thanks for the warm welcome. Thank you for being here today. I appreciate your attendance to this very important conference. You see, we want everybody in America to own their own home. That’s what we want. This is – an ownership society is a compassionate society. [...]
