Ron Paul on the Housing Bailout

Posted July 23rd, 2008 by freedom1776

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watch this

On July 24th, 2008 legalizeliberty says:

http://www.youtube.com/wa...
http://www.flickr.com/pho...

Great place for sending

On July 24th, 2008 BeaReady says:

Great place for sending email to reps.

JBS Action Alert: Oppose H.R. 3221 — A Huge Bailout for Bad Loans
http://www.jbs.org/index....

I cant find the bill #

On July 24th, 2008 honorgod says:

I cant find the bill # anywere.. what is the Bill number?

Tim
Buy GOLD by the Gram

HR 3221

On July 24th, 2008 i4freedom says:

Life, liberty, and the pursuit of happiness.

Austrian Economics

On July 24th, 2008 IMissLiberty says:

What I remember most about the Milton Friedman Econ textbook we used in college (1973), was how in harmony with human nature it was.

Since we know people will move toward maximizing their wealth, and that most can't resist a free handout, the only thing to do is stop the handouts.

If you imagine a table with free food, you can see what will happen when the government is in charge of keeping it stocked.

If it were a bird-feeder, it would cause an explosion in the bird, rat and squirrel population.

The process of making government bigger and bigger is a force of nature. The only question is whether the brains of humans have enough development to rise above it. Our Constitution was designed to keep our natures on the side of balance and harmony, and to keep government under control. We need to follow it.

IMissLiberty

Does anyone have a link to

On July 24th, 2008 MarkM says:

Does anyone have a link to the text of Dr. Paul's comments?

Now that it's on digg, here

On July 24th, 2008 RonPaulR3VOLUTION says:

Now that it's on digg, here is the reddit link:

http://www.reddit.com/r/a...

Call and write your Senators!

On July 24th, 2008 Jive_Dadson says:

I tried to leave a message for Barbara Boxer. Her voice mail box is FULL. Maybe we have a chance to stop this.

This is when I first hear of Ron Paul.

On July 24th, 2008 vinceman says:

This is the reason why I support Ron Paul. I was a socialist. However, I started to question why housing was so expensive in SF, Cali. I read different economic theory. Then, when I read about Ron Paul, wow, all of this is logical.

Now, falling home price is good for working people, in the long run, they can buy house with out becoming an indentured servant.

Where as, a more socialist view, such as those affordable housing program actually make it unaffordable. Rent control hurt poor people.

WELCOME ABOARD! socialism

On July 24th, 2008 SIERRAHPBT says:

WELCOME ABOARD! socialism never works.. our country is not working anymore because we have become socialistic! the AFROMARXIST trying to become president is a joke! (and ofcourse) same with McCain!

as for me and my home, we shall worship the LORD

"The only thing he wants is another fix."

On July 23rd, 2008 JKap says:

RON PAUL DELIVERS!

Our fraudulent fiat monetary system/national corporate-socialist ponzi scheme is akin to a drug addict. "The only thing he wants is another fix." Bernanke should be brought up drug charges. He's the biggest druglord in the world!

----
The Antidote to neoCon Koolaid: www.dvds4delegates.com

"We really do have...a once in a lifetime opportunity to take the Republican Party back to where it was." -Kent Snyder, 1959-2008

The drug addition analogy is a pretty good one and I've read

On July 23rd, 2008 austrianschool says:

articles in the past where people have compared inflations in economies to the cycle of drug addiction. As the dependence grows, the amount of the drug (cheap fiat-money being roughly the equivalent of crack cocaine) needed increases and the amount and length of the effect decreases, until such time down the road when no amount of the drug will be enough to satisfy the need. I recall that, just this week, Zimbabwe has started issuing $100 Billion notes. They're experiencing hyperinflation that independent economists estimate to be between 10 to 15 Million percent.

_________________________________________
"An economy built on fiat money is a society on its way to ashes."