Quote:
Originally Posted by Pressing-On
Sorry, Ferd, but Ron Paul makes so much sense!
http://casone.blogs.foxbusiness.com/...at-depression/
Incidentally, a Fox Business Poll asked this question:
Who do you think will come out of this economic crisis looking smartest?
Ben Bernanke, the Federal Reserve chairman
Henry Paulson, the Secretary of the Treasury
Warren Buffett, head of Berkshire Hathaway
Ron Paul, Texas Congressman and presidential candidate
Bill Gross, PIMCO chief investment officer
I took the poll just to check it out. 74% in favor of Ron Paul. lol
http://www.foxbusiness.com/
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right off the bat, he said we created the same problem we created in the 1920's which is totally false. we were on the gold standard at the time, we werent on a fiat system. there was no fed at the time.
Ron Paul is wrong.
but he is right on the bailout. its a bad deal. but wanting to go back to a gold system which is economic suicide. period.