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President Bush: Bailout Helps Protect Economy from Breakdown

National News • September 28, 2008
President Bush said Sunday the $700 billion financial bailout being finalized by Congress would help protect the U.S. economy from a "system-wide breakdown" and expressed confidence it would be ...

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Subject: RE: bail out

Posted On: September 29, 2008, 1:11 pm CDT
Posted By: Emancipator of the Mind
Comment:
The problem is that there is a monopoly on the creation, management & distribution of money, namely, the Fed. Reserve/fed. govt. That monopoly allowed them to lower the cost of money to a level below that at which a free market in money would have priced it.

I can just hear the responses now: "But you can't have a free market in money!! Government must control the money supply!! Without government control of money, we'd have total chaos (off with his head!!)!!" Yes, I'm glad to see the orderliness that our monetary system is showing now; gee, it's a good thing government will make everything O.K. Let's all go out & vote like good sheeple now and we'll all be saved.
Subject Posted By Posted On
RE: Why the bailout will fail Rosco
Oct 1, 2008, 8:45 am
Why the bailout will fail mikeD
Oct 1, 2008, 3:33 am
RE: RE: RE: RE: RE: RE: bail out milo
Sep 30, 2008, 1:42 pm
RE: RE: RE: RE: RE: bail out Rosco
Sep 30, 2008, 12:54 pm
RE: RE: RE: RE: bail out milo
Sep 30, 2008, 12:46 pm
RE: RE: RE: bail out E
Sep 30, 2008, 12:33 pm
RE: RE: bail out milo
Sep 29, 2008, 5:18 pm
RE: RE: RE: bail out lastbat
Sep 29, 2008, 5:12 pm
RE: RE: bail out Whiskey Rebellion
Sep 29, 2008, 1:19 pm
RE: bail out Emancipator of the Mind
Sep 29, 2008, 1:11 pm
RE: bail out Fed Up
Sep 29, 2008, 1:09 pm
What about personal responsibility 2ndamendment momma
Sep 29, 2008, 12:51 pm
RE: RE: RE: RE: RE: bail out Rosco
Sep 29, 2008, 12:50 pm
bail out Vicki
Sep 29, 2008, 12:50 pm
RE: RE: RE: RE: bail out Baxtor
Sep 29, 2008, 12:47 pm
RE: What about the dollar Baxtor
Sep 29, 2008, 12:41 pm
RE: RE: RE: bail out Rosco
Sep 29, 2008, 12:39 pm
What about the dollar Scott
Sep 29, 2008, 12:29 pm
RE: RE: bail out milo
Sep 29, 2008, 6:54 am
RE: bail out Mark
Sep 29, 2008, 6:47 am
bail out milo
Sep 29, 2008, 6:42 am
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