Vegasgenius,recieved my Straight Talk E-mail today from Dr.Paul............This part makes perfect sense and I challege anyone to say different ..............
The Fed policies of low interest rates, Operation Twist, and rounds of quantitative easing are all attempts to keep the economy alive artificially.
But the 12 FOMC participants cannot manage the economy any better than the bureaucrats of the Soviet Union. The policies haven't worked. They won't work. Real economic recovery cannot come until we liquidate the bad debt, until we eradicate the poor decisions we made over the last decade, and start with a sound foundation. It is time we acknowledge the truth of the Fed's activities: they are merely using fancy words for price setting.
Treasury Secretary Andrew Mellon was correct in the 1920s when he said "liquidate everything." That's what we did in the severe depression of 1920-21, and we recovered so quickly it is never even talked about. We didn't take his advice after the 1929 crash, and ended up with the Great Depression.
We are committing the same mistakes, destined to live in this Great Recession for a decade or more—it has already been four years, the Fed says it will be at least three more! It's time we start rethinking what the Fed's policies are really doing to our economy, because obviously, by their own admission, they haven't helped.
Slim I couldn't agree with you more.
IF YOU ARE LOOKING FOR STABLE EMPLOYMENT, A JOB THAT WILL LAST UNTIL THE END OF OUR SOCIETY:
APPLY AT THE FEDERAL RESERVE AS A PRINTING PRESS TECHNITION. BE PREPARED TO WORK ANY SHIFT, EVEN GRAVEYARD, THE PRESSES ARE NEVER TURNED OFF, AND YOU CAN CREATE YOUR OWN BONUS!
VegasGenious,don't mind DiscoDnumbers he's just frustrated because Canada elected the Conservative Party of Canada to govern them ...
...and Conservative values are Canadian values........
Besides it LQQKs like Canadian liberal's,.. do have a lot in common with American liberals ..in that they get all emotional and start calling names when they get frustrated......
Well let me break it down for you...
DiscoD#'s is saying "Fuck" Libertarians and "Dr.Ron Paul" because he and them are neo-Nazi's..
...and because VegasGenious started a thread offering to answer "Q's " about Ron Paul..it has to be a fake ass thread...and bashes VG with harsh verbal abuse calling him a "Fucking scum bag"............
Does that help ?
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