Tag Archives | bailout

Capitalism Without Capital?

By on October 16, 2008 in Economy

by Rep Ron Paul It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases have been placed in “must pass” legislation as a means to guarantee that Republicans as well as Democrats would vote for [...]

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Constitution? More of a “Guideline” Really

By on October 13, 2008 in Constitution

by History Matters, Church v State The title of this post is loosely taken from Pirates of the Caribbean: The Curse of the Black Pearl: “…the code is more what you’d call ‘guidelines’ than actual rules” Readers of my posts here will know that I think the courts often get very far from the original [...]

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The Do-Something Congress

By on October 6, 2008 in Congress

by Rep Ron Paul It has not been a good week for the Republic.  It took quite a bit of trampling of the Constitution, but the bailout bill passed, as I suspected it would. The bailout failed the first time it was brought to the House.  Undaunted, the Senate pressed on by attaching the bailout [...]

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Economics and the Meltdown

By on September 30, 2008 in Economy

by Rep Ron Paul The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment [...]

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