Archive for Bailouts

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Playing God With The Economy

The unholy alliance between self-important bureaucrats and failed bailout bankers continues to wreaks havoc upon the economy. Only a gold standard can prevent these charlatans from poisoning the entire world with their increasingly worthless dollars. In his latest column Ron Paul speaks truth to power and calls for the abolishment of the Federal Reserve. But [...]

Ron Paul: You Can’t Save Free Markets by Socialism

Alexis Glick: Texas Republican Congressman Ron Paul. Congressman, thank you so much for taking the time to join us. You had an opportunity to hear what the president had to say. Do you agree or disagree with the choices being made this morning?
Ron Paul: Well, I can’t agree with socialism, I mean this is just [...]

Ron Paul on the Financial Crisis

“Our problems start with the Federal Reserve. The Federal Reserve is a monopoly and it controls interest rates artificially low, causing people to make mistakes. That’s the basic source. But then on top of that in the housing market we had the Community Reinvestment Act which told investors that they had to loan to risky [...]