As the economic situation worsens, Ron Paul just gets better and better at shedding light where all shed darkness, and in speaking truth to power.
This here is classic Paul.
Updated (October 7): Particularly brilliant in its simplicity and clarity is Paul’s assertion that those who have a good credit rating can still buy and borrow no problem. Anyone who pays his bills and has money in the bank knows this to be immutably true; he’s getting inundated with offers from credit cards as we speak.
Economy, Federal Reserve Bank, Inflation, Media, Ron Paul, Socialism
More TV traitors, who condemned and cussed Ron Paul, are calling on him to explain what he has been predicting vis-à-vis the consequences to markets of the government’s reckless squandering and its monetization of debts and deficits.
Glenn Beck is, naturally, no traitor, he’s a patriot—the only man on TV who gets it and is honestly grappling with the truth. Beck challenges the liars, and takes no nonsense from pols pretending to be good guys. He’s the only TV talker on whose show you’re likely to hear sentences and sentiments such as, “Where is that in the Constitution?”
Here is Beck’s latest interview with Paul, via New Liberty. The reality is BAD, but Paul is sounding better and better by the day. Transcripts are here.
Update (September 23): Sadly, Good Guy Glenn has joined the bad guys. He informed his devotees last night that, over the weekend, he had been beefing up on “editorials,” and had come to the conclusion that socializing whole industries was a necessary evil. Said Glenn:
“The $700 billion that you`re hearing about now is not only, I believe, necessary, it is also not nearly enough, and all of the weasels in Washington know it. … The bailout — I see this as just stopping the plane from falling out of the sky.”
Peter Schiff, President of Europaca, who is clearly libertarian (and Austrian on economics), tried to reason with Glenn:
“Now the problem is our pilot and our co-pilot, Bernanke and Paulson, don’t know how to fly. I mean, they’re blind. They’re drunk.
You know, they’re going to crash this plane even faster. You know, the bailout is actually going to make it worse because we don’t have the $2 trillion. We’re just going to print it up.
Instead of just the entire economy coming down, we’re going to take our currency and we’re going to have a much bigger crisis when our money isn’t worth anything and interest rates are double digits because nobody will lend us any more.”
AND:
“The government’s not going to save us. They did this to us. They’re the ones that created the greed by eliminating all the risks of mortgage lending in the first place. They say we have to do this, they say we have to go into Iraq because they had weapons of mass destruction. They were wrong. This plan is a weapon of mass destruction to destroy our economy and to destroy our currency.”
I say fire Treasury Secretary Hank Paulson, who, before joining the Byzantine bureaucracy, had a $40 million per-annum job on Wall Street. Hire Schiff.
More from wise man Schiff:
“The government is just borrowing and spending more money. They’re not letting the market fix the problem. And how are we going to get out of this mess with more government, with more inflation?
As bad as this collapse would be, this is going to make it worse. Doing something different would be shrinking government.”
But Glenn let the wise guys—the State’s stool pigeons—have the last word, which he then seconded.
More TV traitors, who condemned and cussed Ron Paul, are calling on him to explain what he has been predicting vis-à-vis the consequences to markets of the government’s reckless squandering and its monetization of debts and deficits.
Glenn Beck is, naturally, no traitor, he’s a patriot—the only man on TV who gets it and is honestly grappling with the truth. Beck challenges the liars, and takes no nonsense from pols pretending to be good guys. He’s the only TV talker on whose show you’re likely to hear sentences and sentiments such as, “Where is that in the Constitution?”
Here is Beck’s latest interview with Paul, via New Liberty. The reality is BAD, but Paul is sounding better and better by the day. Transcripts are here.
Update (September 23): Sadly, Good Guy Glenn has joined the bad guys. He informed his devotees last night that, over the weekend, he had been beefing up on “editorials,” and had come to the conclusion that socializing whole industries was a necessary evil. Said Glenn:
“The $700 billion that you`re hearing about now is not only, I believe, necessary, it is also not nearly enough, and all of the weasels in Washington know it. … The bailout — I see this as just stopping the plane from falling out of the sky.”
Peter Schiff, President of Europaca, who is clearly libertarian (and Austrian on economics), tried to reason with Glenn:
“Now the problem is our pilot and our co-pilot, Bernanke and Paulson, don’t know how to fly. I mean, they’re blind. They’re drunk.
You know, they’re going to crash this plane even faster. You know, the bailout is actually going to make it worse because we don’t have the $2 trillion. We’re just going to print it up.
Instead of just the entire economy coming down, we’re going to take our currency and we’re going to have a much bigger crisis when our money isn’t worth anything and interest rates are double digits because nobody will lend us any more.”
AND:
“The government’s not going to save us. They did this to us. They’re the ones that created the greed by eliminating all the risks of mortgage lending in the first place. They say we have to do this, they say we have to go into Iraq because they had weapons of mass destruction. They were wrong. This plan is a weapon of mass destruction to destroy our economy and to destroy our currency.”
I say fire Treasury Secretary Hank Paulson, who, before joining the Byzantine bureaucracy, had a $40 million per-annum job on Wall Street. Hire Schiff.
More from wise man Schiff:
“The government is just borrowing and spending more money. They’re not letting the market fix the problem. And how are we going to get out of this mess with more government, with more inflation?
As bad as this collapse would be, this is going to make it worse. Doing something different would be shrinking government.”
But Glenn let the wise guys—the State’s stool pigeons—have the last word, which he then seconded.
The Canadian Broadcasting Corporation commemorated the invasion of Iraq with an outstanding Fifth-Estate segment: “THE LIES THAT LED TO WAR: The Political, Diplomatic, and Media Spin that Convinced Americans to Invade Iraq.”
An important point made was that America is no closer to a reckoning that this “adventure” was a great wrong, if not an outright evil. Ann Coulter provided a strident example of this hubris. Tossing her magnificent mane, she mocked Canadians for not getting the goods on how good things were in Iraq. This was how democracies shaped up, Ann “argued.”
A disgrace really. Cruel too.
A question to the fine chroniclers of the war at the CBC: There is a small number of American reporters, pundits, and a few politicians that has always opposed this abominable invasion on the grounds that it violated natural rights, Just War Theory, the American Constitution, the comity of nations—and practically every single stricture familiar to babes on the playground.
(SEE “Just War for Dummies”
& “Unnatural Lawlessness”)
Rep. Ron Paul protested tirelessly; as did this writer (starting in September 2002 in an editorial for Canada’s national newspaper, The Globe And Mail) and her non-Beltway affiliated libertarian colleagues.
(SEE “Why So Many Americans Don’t Support Attacking Iraq,” except that there weren’t so many Americans, despite the titular hope the Globe and Mail expressed.)
Why does the CBC fail to mention our much-marginalized faction? Is it because we are, for the most, of the Old, classically liberal American Right?
Why keep featuring the fiendish Coulter, Malkin, and their Canadian copycat, one Rachel Marsden? [SEE “Lethal Weapons: Neocon Groupies“] Why not help consign them to the dustbin of punditry and look to the principled few (talented too) who stood for the soundest of philosophical principles?
We exist!
I grieved when the death toll in Iraq stood at 289—a lousy landmark I also happened to protest in an op-ed for the Canadian Globe And Mail. (SEE “Bush’s Warfare State”)
I continue to mourn now that it has climbed to 4000—yesterday. My grief at the trashing of Iraqi lives has been a constant in my writing over the last five years—in columns and blog entries alike. (The Archive is here)
Who chose to nominate the average suffering Iraqi as “Person of the Year”? Certainly not Time magazine.
(SEE “My Person of the Year: The Average Iraqi”)
Update (March 25): The Man From Texas and his simply stated, straightforward truth-telling:
“Five years into the invasion and occupation of Iraq, untold hundreds of thousands of Iraqis are dead; some two million Iraqis have fled the country as refugees; and the Iraqi Christian community – one of the oldest in the world – has been decimated more completely than even under the Ottoman occupation or the rule of Saddam Hussein.
On the US side, nearly four thousand Americans have lost their lives fighting in Iraq and many thousands more are horribly wounded. Our own senior military officers warn that our military is nearly broken by the strain of the Iraq occupation. The Veterans Administration is overwhelmed by the volume of disability claims from Iraq war veterans.
A study by Nobel Prize economist Joseph Stiglitz concludes that the cost of the war in Iraq could be at least $3 trillion. The economic consequences of our enormous expenditure in Iraq are beginning to make themselves known as we fall into recession and possibly worse…”