Congressman Ron Paul on what voting down this bail out bill meant.
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$700 billion bailout bill just got rejected!
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Originally posted by Mike Tyson77 View PostVote McCain!!! That rapper Obama would makes things worse!
I want ignorant Americans to let a puppet like McCain win...
Afterall your ignorance let a coward warmonget into office.
Why not a grandpa puppet??
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Originally posted by Sin City View PostI'm glad it got rejected.. people ***** and whine about welfare then are ok with corporate welfare? **** that. they got money.. if they couldn't save themselves from this **** that's on them.
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Originally posted by DA1CATAS View PostYou must not have understood what this would do to the market.Last edited by el malo; 09-30-2008, 10:11 AM.
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Originally posted by elmalo28 View Post**** the market too. they only care about themselves and there families, they dont care about the average american citizen. they're too busy ripping them off.
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Originally posted by !! Shawn View PostThe economy is very very simple once you realize that everything you were ever taught in school about economics is complete and utter bull****.
Economists spend their time creating fancy terms for their even more fanciful ideas and "scientific" principles because they are not able to do anything constructive with the "education"
The only thing you need to know about the economy it that it is driven by group psychology.
It was really irrelevant if the bill did anything constructive. All it needed to do was pass. Instil confidence in the consumer, and stop people from hoarding their money.
Congress failed. Nothing they can do will rescue the economy. They just stabbed every American in the back. Nobody trusts them and since they betrayed our trust, nothing short of a decree from god will instil confidence back into the market.
"Group Psychology" I guess, since we are dealing with "group" learning, fear and anxiety. All of which has an affect on the economy. I agree strongly that the bill, needed to pass and give some confidence to the consumers who will ultimately, Or could ultimately turn things around, simply by spending money. I think a lot of people need the basic education you mock in that such an education in economics can eiliminate some of the fears they have. For example the basic principles of a capitalist market system. If they knew the funementals, they would know that stashing the cash will lead to what they are fearing right now.
Agree?
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