For those GOP establishment types that are pushing former Kansas City Fed Chair (’92-’96) Herman Cain as the man to fix the economy and rescue a collapsing financial system, watch Mr. Cain try to excuse his way out of not seeing the housing bubble. Then watch the cast of ‘Morning Joe’ ask Ron Paul how he knew and was warning about the collapse in 2003. The next bubble is the ‘dollar bubble’ and we’re in it right now. Wake up folks; Herman Cain is just more of the same with an even better disguise.
Love it or hate it, we absolutely have to do something about the tsunami of government, corporate, and personal debt that is drowning this country and depressing productivity. I am guessing Mr. Ryan has read the book I am reading right now.
Alex Jones has his regular hour long interview with Bob Chapman starting with the government of China making deals with the SEC through the feds to control mergers and movement of paper; yowza! Did you folks start buying silver two years ago when the Monster told you to? It’s up to $32 an ounce now. … Read more Bob Chapman, 2.18.2011; Gold, Silver, And China
Let’s see; banks, car companies, healthcare, student loans…why not mortgages too? Government paid Fannie and Freddie $240 Million to manage bank bailouts. 90% of home mortgages are insured by FHA. Fannie and Freddie have received $148 Billion in bailouts, with the cap on bailouts removed last Christmas Eve. etc., etc., etc.