Ron Paul: This Bailout Won't Be the Last
"What we've been doing now—especially since 1971—is preventing the real liquidation of the malinvestment and the excess of debt . . . If this process continues, we're going to own General Motors and Ford, then we will have to own the airlines. We are socializing our country without even a vote by the Congress. It's a horrible situation."
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2 comments:
You gotta wonder what folks don't "get" and why.
I have always said we should have dropped a bomb on Woodstock when we had the chance.
They don't "get" working for what they have and not being entitled to what they "want" when they don't want to "work" for it!
Some of the people I've seen put in houses in the last 5+ years should never have been extended the credit to pay for a computer let alone a house. And yet, no money down, the barest of all credit checks... shazam. Warp speed into the bubble.
And now the idiots that lended the money get a bail out to the tune of billions?!!!!??? Stop the world, I want to get off.
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