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The Creation of the Second Great Depression By Ron Paul

Dandelion Salad

By Ron Paul
ICH
25/09/08 “Lew Rockwell

Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to strike.

The events of the past week are no exception.

The bailout package that is about to be rammed down Congress’ throat is not just economically foolish. It is downright sinister. It makes a mockery of our Constitution, which our leaders should never again bother pretending is still in effect. It promises the American people a never-ending nightmare of ever-greater debt liabilities they will have to shoulder. Two weeks ago, financial analyst Jim Rogers said the bailout of Fannie Mae and Freddie Mac made America more communist than China! “This is welfare for the rich,” he said. “This is socialism for the rich. It’s bailing out the financiers, the banks, the Wall Streeters.”

[...]

The Creation of the Second Great Depression : Information Clearing House – ICH.

FAIR USE NOTICE: This blog may contain copyrighted material. Such material is made available for educational purposes, to advance understanding of human rights, democracy, scientific, moral, ethical, and social justice issues, etc. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. If you wish to use copyrighted material from this site for purposes of your own that go beyond ‘fair use’, you must obtain permission from the copyright owner.

see

Bailout deal would start with $250 billion, limit executive pay

Lawmakers reach deal on most terms of financial bailout

Want to stop the banksters’ bailout? by The Other Katherine Harris

Naomi Klein: Now Is the Time to Resist Wall Street’s Shock Doctrine (video)

President Bush Addresses Nation on Economic Crisis

Congressional Backbone Needed by Ralph Nader

Tell Congress: No to Bailout! (Action alerts)

The Economy Sucks and or Collapse

3 Responses

  1. It’s obvious that this bailout scam was planned well in advance.

    One thing is sure, no matter what shockingly coincidental emergency befalls us next, we MUST oust this traitorous regime from the White House!
    I don’t hear a word being said about conducting a major investigation into the criminal wrong-doing in high places that has led to this calamity. We can only assume we will get the same level of cooperation, justice, and oversight that was afforded the american people the aftermath of 9/11, Abu Ghraib, and hurricane Katrina.

    NO JUSTICE WHATSOEVER!
    I’m just gonna say point blank that if we don’t see hundreds of these scoundrels imprisoned in the aftermath of this scandal, we the people are gonna cease to give our government the benefit of the doubt. We are no longer going to allow them to imprison us for our supposed crimes either. This is going to mark the end of business as usual in the United States.

  2. [...] The Creation of the Second Great Depression By Ron Paul [...]

  3. [...] The Creation of the Second Great Depression By Ron Paul [...]

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