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Getbig Main Boards => Politics and Political Issues Board => Topic started by: loco on September 23, 2008, 06:25:26 AM

Title: Ron Paul: Don't bail out Wall Street
Post by: loco on September 23, 2008, 06:25:26 AM
Sep. 23, 2008

Story Highlights


http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: headhuntersix on September 23, 2008, 06:53:48 AM
He's probably right, McCain is starting to have issues with it as it appears that this will cause more problems then fix them.
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: Bindare_Dundat on September 23, 2008, 08:04:30 AM
Quote from: headhuntersix on September 23, 2008, 06:53:48 AM
He's probably right, McCain is starting to have issues with it as it appears that this will cause more problems then fix them.

 ::) ::)

Good grief, you think because McCain thinks it's ok Ron Paul might be right? You got ass backwards.
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: y19mike77 on September 23, 2008, 08:07:18 AM
Ron paul is right.

We need to let em crash and burn.

Be hard for a while but better in the long run.
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: headhuntersix on September 23, 2008, 08:08:42 AM
Are u an economist. RP is going to blast this as a Conservative. I have no idea if it will work and I'm not crazy about bailing anybody out with my tax dollars.
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: The Coach on September 23, 2008, 08:10:09 AM
Quote from: loco on September 23, 2008, 06:25:26 AM
Sep. 23, 2008

Story Highlights

  • Ron Paul: Too much government meddling in economy caused crisis
  • Paul says the bailouts are another case of excessive intervention in economy
  • The government isn't letting the market adjust prices to lower levels, Paul says
  • Paul: Bailout will only increase financial instability in the long run

http://www.cnn.com/2008/POLITICS/09/23/paul.bailout/index.html

I agree with this.
Title: Re: Ron Paul: Don't bail out Wall Street
Post by: headhuntersix on September 23, 2008, 08:11:39 AM
It would appear the last two banks left standing in this mess are already starting to reorganize to look and operate more like normal commercial banks....the market is already taking steps.