Ron Paul discusses the bailout vote in the House
Tuesday, September 30th, 2008 by Brendan SteinhauserHat tip to the Campaign for Liberty for posting this video of Congressman Ron Paul discussing the House vote on the Wall Street Bailout bill.
Hat tip to the Campaign for Liberty for posting this video of Congressman Ron Paul discussing the House vote on the Wall Street Bailout bill.
As always, Thomas Sowell adds some common sense and clear thinking to the economic issues at hand. He has a great column up today on Real Clear Politics about the causes of the current financial crisis.
If Fannie Mae and Freddie Mac were free market institutions they could not have gotten away with their risky [...]
The House of Representatives defeated the Administration’s proposed bailout/buyout plan by 205-228.
In the few minutes after the vote, the Dow Jones Industrial Average fell 700 points. After attempting a recovery, it fell again in the last hour and closed on the biggest closing downticks (i.e. the size of the drop between the next to the [...]
C-Span is covering the House vote on the bailout right now. The vote is at 226-203 against the bailout!
It looks like this is going to be VERY CLOSE, which means I am extremely happy to have been wrong about the prospects of the bill.
Looks like the grassroots pressure from groups like FreedomWorks, the Campaign for [...]
From my friend John Taylor at Tertium Quids,
As the politicians work overtime trying to place blame on whomever and whatever they can to deflect attention away from themselves, the fact remains this problem was initially caused by the federal government pressuring lenders to make risky loans that had a good chance of not ever being [...]
The rumours tonight are that Congress is going to try and rush the vote on the so-called “Emergency Economic Stabilization Act of 2008″ tomorrow morning. Some folks are saying that the vote could happen as early as 8:00am EST before the markets open, and before the American people have a chance to read too much [...]
Communist dictator Hugo Chavez is enjoying watching president Bush and the Democrat Congress join forces to inject some socialism into the American system.
Chavez told reporters, “Socialism is the only route to the salvation of the world.” He is clearly among those on the left (including some here in the U.S.) who are using the financial [...]
Conservative House Republican Ron Paul has a good piece up on CNN.com about the massive Wall St. Bailout plan being debated in Congress. He points out that government intervention is what got us into this mess.
Unfortunately, the government’s preferred solution to the crisis is the very thing that got us into this mess in the [...]
In a brazen display of a 1950’s style Communist leader, Democratic Vice-Presidential candidate announced this week that it is the patriotic duty of successful Americans to pay more taxes in order to “take money and put it back in the pocket of middle class people.”
In this video clip of an interview on ABC’s “Good Morning [...]
I recently had an opportunity to do a Q & A with Lydia Harman and Denis Goddard of New Hampshire Capitol Access Television. We had some fun discussing energy, the internet, bailouts and other free market, limited government topics. Here is the link.