TonyLambregts (November 30, 1999 at 12:00 am)

The Free Market Economy is fundamentally broken if the government has to get involved in buy outs.

milan20 (November 30, 1999 at 12:00 am)

YES, how would that be catastrophic? Its gonna happen sooner or later,... the longer you wait the bigger the fall. i cannot see how you are unable to comprehend that, you and your stupid keynes economists were left in awe that this happened! oh my god.!! but us austrian economists have seen it for YEARS! and now you call us crazy! we knew it was happening! yet you dont want our rememdy and would rather have the people that caused it "fix it".. MORON!

xlightwavex (November 30, 1999 at 12:00 am)

first its absolutely ridicoulous that the fed is not a Federal institution and that it has the power to inflate which is paramount to a direct tax on the entire economy and the power to deflate which is the direct transfer of wealth from all to a few

xlightwavex (November 30, 1999 at 12:00 am)

ya i always decide if someone has a credible argument by their name thats why i know Ron Paul is bad and Barrak Hussain obama is good

RonPaulisInsane (November 30, 1999 at 12:00 am)

The constitution says the congress has the duty to *regulate the value* of money and *make all laws necessary* for this.This power would become void in practice without a cental bank to protect the financial system from devastating panics.Congress created the federal reserve in 1913 in order to carry this duty out as a result.Your strict interpretation looks at each word in the constitution but kills its purpose.

Tasadaru (November 30, 1999 at 12:00 am)

Alright person, glad that you will watch those 3. The only thing I disagree with is that government can guide us through this. MAYBE Britain, but certainly not the United States gov't. Anything that includes Federal Reserve action is by its very nature un-Contitutional. Remember, that document is a sacred agreement between gov't and its people. The government could cut spending by a GREAT deal and reduce taxes for EVERYONE to reduce this recession. Oh yeah, read "Crashproof" by Peter. Buy silver

driftability (November 30, 1999 at 12:00 am)

Jenna lee wow that a nice piece of ass!!!.

RonPaulisInsane (November 30, 1999 at 12:00 am)

*But we will only make it worse if the governments keep propping up these bad investments.*The key is to allow the investments to liquidate without causing our financial institutions to become insolvent.We are doing this now. Britain guided rescues to inject capital rather than buy assets.I describe in the comment below why the liquidation of loans would cause an exponential contraction in the money supply. This is like an atomic bomb. Bank panics threw us into the Great Depression.

RonPaulisInsane (November 30, 1999 at 12:00 am)

I'll try to watch Peter Schiff, Jim Rogers, and Freedom to Fascism over the next few weeks.I am sorry but I don't plan on changing my name. I wouldn't be focused on Ron Paul if he didn't convince people we should allow our financial system to collapse and destroy the world's economy. That IS insane.

Tasadaru (November 30, 1999 at 12:00 am)

According to Jim Rogers, we would have some very bad times. But we will only make it worse if the governments keep propping up these bad investments. Okay, do what I say. First youtube Peter Schiff and Jim Rogers. They provide arguements better than Ron. Second, please please youtube Freedom to Fascism. Watch the WHOLE thing. Seriously, the whole thing. It's well done. Respond to me what are your thoughts. I'm not saying you agree with everything Ron says -I don't - but please change your name.