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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. [...]

THE 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.
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Congressman Ron Paul
U.S. House of Representatives
July 16, 2002
“Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the [...]

Dear Friends:
The financial meltdown the economists of the Austrian School predicted has arrived.
We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. [...]

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 [...]

“Mr. Chairman, I believe that our economy faces a bleak future, particularly if the latest $700 billion bailout plan ends up passing. We risk committing the same errors that prolonged the misery of the Great Depression, namely keeping prices from falling. Instead of allowing overvalued financial assets to take a hit and trade on the [...]

Say NO to the forced redistribution of billions if not trillions of dollars and the de-facto nationalization of our nation’s entire financial system.
Say NO to the special interests who are working to destroy the dollar and eliminate global confidence in America for decades to come.
Say NO to any sell-out congressman or senator who would vote [...]

President Bush: “The risk of doing nothing far outweighs the risk of the [bailout] package!”
Wold Blitzer: “What do you say to the President who wants you and your fellow Republicans and Democrats to quickly pass this 700 billion dollar bailout package?”
Ron Paul: “Well I think that’s a mistake because we don’t have the money, but [...]

“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 [...]