Ron Paul on current economic fixes...

Ominous

OminousRed.com
ill o.g.
Battle Points: 21



[ame="http://www.youtube.com/watch?v=fr-L5WXIT7o"]YouTube - Ron Paul on The Alex Jones Show"Save The Internet"2/2[/ame]



I listened to what he was saying. Some of it sounds on point. But it is a little extreme to me. I don't think it is a good sign to be associating with Rush Lim but that is just my opinion. I don't think I would call it economic terrorism. A lot of this recession is real and just a product of supply and demand.

Maybe it is a move towards a new world order.
 

StressWon

www.stress1.com
ill o.g.
Battle Points: 68

Sucio

Old and dirty...
ill o.g.
Battle Points: 304
I think instead of bailing out more companies....use the rest of the bailout money and give everyone a tax-free holiday...maybe 8 weeks where no one pays federal tax....I think that would stimulate the economy more than bailing out companies who are failing, anyway.

Citicorp was given a bailout package....and they've been raising interest rates on current balances.......up until today...some people were getting their interest raised to over 50%.

Some bailout, eh?
 

Formant024

Digital Smokerings
ill o.g.
I think a government should set priorities in regards to protecting its society which has definitly not been the case with the bush administration. It's clear that they've done everything possible to exploit tax money for the interest of a single industry, change rules to improve globalization (move job oppertunities elsewhere, decrease of national export products) and this so-called-war on terrorism. Then you have this fuck maddox which isnt really the only one the blame as all these corperates who wennt along with him never put in the numbers so they're talking 50billion, but they really dont know. What's even worse is that its always done with the retirement funds in favor of corperate captains own favors (salary, bonus & extras), they should fire each of these fucks responsible for getting into that pyramid scheme in the first place as a healthy company doesnt even work like this. Same goes for the first hit on this recession with the bank of iceland, we had some dutch counties who had millions of taxmoney put in there for no reason at all except to gain profit while asking for more money from te government to run their local projects, budgetcuts on necessary stuff because there was no "money". Its corperate greed and Obama is not powerfull enough to dodge this industry but if he's that good then he will set up restrictions and undo of some laws that bush&bush had brought through during his term. He should lay off the war on terrorism nonsense and should make sure his people are taken care off, the US right now needs a social care state or else its the US is going to go down real hard.
 

Formant024

Digital Smokerings
ill o.g.
I think instead of bailing out more companies....use the rest of the bailout money and give everyone a tax-free holiday...maybe 8 weeks where no one pays federal tax....I think that would stimulate the economy more than bailing out companies who are failing, anyway.

Citicorp was given a bailout package....and they've been raising interest rates on current balances.......up until today...some people were getting their interest raised to over 50%.

Some bailout, eh?


he thats a very temporary situation, its about taking most profit to save their asses, its called sentimental value to uphold the dollar but the dollar hit a new low again just yesterday. It wont be long before asia will release their dollars because they're holding at least 30% of the dollar in stock which will become worthless unless they dump it and they'll dump for gold or euro's. Damn, i mean, even the UK is falling and is put on pressure to get into the euro
 

StressWon

www.stress1.com
ill o.g.
Battle Points: 68
we are just going to get worse. My problem is Obama is already talking about a stimulus close to a trillion dollars. This is the same problem as before. the idea is good, but where is the money comin from? Who will pay this back? Us. Wallstreet should of went down as should the auto companies. It's all their fault, not ours. We are gettin hit wit false fear tactics if we don't bail these people out. So more people go on unemployment, well if you think about it,,,unemployment is YOUR money. Less people working means less income tax. It's really that simple. the best thing to happen to this country would be a finacial collapse. It won't be fun, but at least we can start over. People will wake up.
 

Formant024

Digital Smokerings
ill o.g.
^^^ agree, we have the same shit here. These corperates get financial injections from the EU because those responsible for the will to provide those injections have ties one way or another (favors) and again, its our taxmoney being invested. Fortis bank was in trouble, our fucking government bought it without use of our parlement, they just did for the benefit of those with interest in the fortis bank, they celebrated in Monaco for half a mil...Now it seems they have an extra loss because Fortis also wennt along maddox's pyramid. That bank deserves to go down and meanwhile there's no media on this for apparent reasons of course.
 

Relic

Voice of Illmuzik Radio
ill o.g.
Battle Points: 83
What happens in the street to you if you lose a guys hundred grand?

Just a hundred grand? Then what would happen to you if say you lost a mil ?

It can be from a drug cartel say.. Just what would happen to you?

Now what happens when you lose 50 Billion ? Seriously... What should be done about that?
 

Formant024

Digital Smokerings
ill o.g.
ehm, who's 50 billion is it you think ? Employees with a retirement fund are fucked, these firms that have to fire people over this, those are fucked and eventualy they still fuck up because the firm is ready for a buy out and nobody wants to buy a sinking ship so before it sinks, the chiefs in charge will make sure they get theirs.
 

Formant024

Digital Smokerings
ill o.g.
its gotta be more than 50bill, theyre not giving exact numbers over here on some companies but shell was hit aswell and in that case it could 1 billion or 32 billion. These numbers were never put in their records
 
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