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Protests on Wall Street - what the news media isn't showing you

DerekLeung

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Loyal
Did you see how those big-government douchebags, McCain & Romney, sat there and looked at Paul as if he was a lunatic? Paul is absolutely correct. Government has no role in "managing the economy" in a free capitalist country. The economy is the product of private individuals and businesses trading with each other.
 

DerekLeung

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If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

... The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. -Thomas Jefferson
 

johnny333

Alfrescian (Inf)
Asset
In US you have many groups protesting for & against any issue. Its call democracy.

I understand their concerns with gov't money going to fund the fat cats of Wall Street. Spore has its problems with Temasek & fat cats of PAP.
 

saratogas

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Who won't be angry when Taxpayers foot the bill and help falling banks while the RICH Lehman CEO Earned $17,000 an Hour!
 

madmansg

Alfrescian
Loyal
Did you see how those big-government douchebags, McCain & Romney, sat there and looked at Paul as if he was a lunatic? Paul is absolutely correct. Government has no role in "managing the economy" in a free capitalist country. The economy is the product of private individuals and businesses trading with each other.
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ron paul is a nut head. it is exactly the handoff approach by regulartors that banks went into bankruptcy.
 

DerekLeung

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Ron Paul is an absolute genius ! Honest and passionate.

The other 2 is nut head and liar ! Mediocre people.
 

Devil Within

Alfrescian (Inf)
Asset
ron paul is a nut head. it is exactly the handoff approach by regulartors that banks went into bankruptcy.[/QUOTE]

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Don't be an idiot. It is exactly that banks got support from the Bush administration to over inflate the market with fiat money on debt that got into this big mess. It has nothing to do with free market, but monopolistic control by special interest groups and managed economy by the government.
 
Z

Zombie

Guest
ron paul is a nut head. it is exactly the handoff approach by regulartors that banks went into bankruptcy.
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Don't be an idiot. It is exactly that banks got support from the Bush administration to over inflate the market with fiat money on debt that got into this big mess. It has nothing to do with free market, but monopolistic control by special interest groups and managed economy by the government.


Fiat money and free market have everything to do with the mess.
It boils down to weak regulatory frameworks, losing controls over the market, the SIGs and the governments. (Yes even government needs a system of controls)

Someone may want to say that fiat money and free market should not co-exists. But that works only in the theories of perfectly free market. USA's economy is truly free "by international standards" but it is no way perfectly free. So I believe you are both right from your own standpoints. :biggrin:
 
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