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Contrary Investing favorite Ron Paul – perhaps the only politician in the world we feel warm and fuzzy about – lays out an excellent explanation of the Austrian school of economics for Fox News. He gets into the good Austrian stuff around the 11 minute mark. What exactly is so hard to understand when it […]
You know when socialist and libertarian politicians line up to battle a common enemy, something interesting is unfolding. Joining Ron Paul in his 30-year running assault on the Federal Reserve is Senator Bernie Sanders of Vermont – the only senator who openly identifies as a socialist (hey, let’s give Bernie credit, at least he’s honest […]
He asks Bernanke at the end, and he skirts the gold standard question. Just got done reading the latest Casey Report, which has an interview with Ron Paul. He recites a story about Paul Volcker, who in the early 80’s, came into a room 1st thing one morning and immediately asked one of his staffers: […]
Ron Paul hits the ball out of the park in his commentary on the bank bailouts and our handling of the economic downturn:
Dear Friends: The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to […]
Clip of Ron Paul breaking down the housing bill for us laymen without the time or inclination to pore over 700 pages of legislation. It made me a) sick, b) terrified for the future of our country, and c) calculate my current gold/silver holdings again in my head.
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