Archive for Bailout
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You are browsing the archives of Bailout.
By engaging in bailout after bailout, government bureaucrats subsidize failed but well-connected losers by effectively confiscating the necessary resources from productive and successful members of the economy. Ron Paul explains why such bailouts are a bad idea and why we should allow the natural incentives and regulations of the free market to pick the winners [...]
I honestly am worried about our country as are many others on this site and nationwide. The difference is that the masses are leading us towards more of the same if not worse, while the smart sensible opinions rooted in logic and sound theories that can be applied to real life situations are being ignored, [...]
Senators Obama and McCain have completed a series of “debates” and the election is fast approaching.
The buzzword of the campaigns has been “change”. Obama wants to enact change to help the middle class, McCain wants to change the Republican party back into what it once was, and both candidates vow to change the greed [...]
“Amid the financial turmoil, U.S. President George W. Bush delivers daily affirmations on the nation’s crippled economy. Those who hope to succeed him in office claim that only they know how to lift America off its knees. But the one winning the public trust battle is Congressman and former presidential candidate Ron Paul.”
The 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
Lincoln (D)
Yes
Pryor (D)
Yes
California
Boxer (D)
Yes
Feinstein (D)
Yes
Colorado
Allard (R)
No
Salazar (D)
Yes
Connecticut
Dodd (D)
Yes
Lieberman (I)
Yes
Delaware
Biden (D)
Yes
Carper (D)
Yes
Florida
Martinez (R)
Yes
Nelson (D)
No
Georgia
Chambliss (R)
Yes
Isakson (R)
Yes
Hawaii
Akaka (D)
Yes
Inouye (D)
Yes
Idaho
Craig (R)
Yes
Crapo [...]
As 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 Bailout [...]
Victory!
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 Bailout Bill [...]
The 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 [...]
by 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 U.S. [...]
Ron Paul interviewed on Fox Business:
Ron Paul lectures Ben Bernanke:
Message from Ron Paul to the Nation:
Dear Friends,
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to [...]