..say some professors at UCLA “President Roosevelt believed that excessive competition was responsible for the Depression by reducing prices and wages, and by extension reducing employment and demand for goods and services,” said Cole, also a UCLA professor of economics. “So he came up with a recovery package that would be unimaginable today, allowing businesses [...]
Archive for the ‘Economy’ Category
Prolonged Depression.. FDR’s fault
October 8, 2008
Bailout passes in the Senate..
October 2, 2008
..pressures on the House.. Hopefully they will make the same decision as before.. KILL THE CRAP SANDWICH! If not, then we can welcome what is probably the largest socialist expansion of government since The (second) New Deal in 1935.. and we all know how that has turned out! It is a sad day for capitalists, fiscal [...]
Republicans predicted Fannie Mae/Freddie Mac debacle
September 30, 2008
Click on the video below to see for yourself.. http://myspacetv.com/index.cfm?fuseaction=vids.individual&videoid=43787514 I suppose some people on Capitol Hill have a short memory span!!!
“God bless their little free-market hearts!”
September 27, 2008
Ann Coulter appeared on Hannity & Colmes Thursday evening to discuss the (idiotic) government bailout.. As usual, Ann hits the mark and is very funny along the way!
Ron Paul:Bailouts will lead to rough economic ride
September 25, 2008
Ron Paul weighs in on the proposed government bailout! Until the big-government apologists realize the error of their ways, and until vocal free-market advocates act in a manner which buttresses their rhetoric, I am afraid we are headed for a rough ride. This is a wonderful commentary on this mess.. Hopefully TRUE fiscal conservatives will wake [...]
Say goodbye to free markets and limited government..
September 22, 2008
The end of fiscal conservatism Bush is seeking $700 billion to buy “bad mortgages” in the largest bailout in history. The proposal attempts to bail out the entire financial system, rather than individual banks. This sweeping federal intervention will turn out to be either excessively costly, or unnecessary.
