BREAKING: Fed cuts interest rates in Emergency Move!
- Thread starter Joe3113
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I think I saw a black and white film from the 1930's that discussed this kind of economic policy...a German black and white film. Man, I am sure happy this is happening during Bush's term so he can't blame it on Clinton or whoever wins the white house.......
God dammit, how difficult is it to get this guy impeached or recalled or something?
God dammit, how difficult is it to get this guy impeached or recalled or something?
Why can't Ron Paul make a Press Release or schedule an Emergency News Conference about the Economy and his solution.
I like it!
Fields
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I wouldn't mine moving down there. What is life like down under? Much different? I have a relative that lives near Sydney but since I've never been I have no other info than that.
PhillyEagles11
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Why can't Ron Paul make a Press Release or schedule an Emergency News Conference about the Economy and his solution.
If the media would actually cover it and show it live, that would be great. But what have they ever done to make us believe they would?
PaultheSaint
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Bush has got 100,000 acres out in Paruguay(sp?). What does he care. That country is designed to hide political criminals under its laws.
dshields
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Indeed, The same sort of thing happened around the great depression just a different flavor of what we have today. They have essentially debased the currency to achieve the same end.
Interesting times ahead.
Dave
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davidkachel
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No article there. Please try again.
I wouldn't mine moving down there. What is life like down under? Much different? I have a relative that lives near Sydney but since I've never been I have no other info than that.
Life is good and I think libertarian-leaning philosophy has a real chance down here. People hate the government! But they have also become reliant on it unfortunetly.
markpa
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dshields
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I don't expect an immediate bounce in gold. The Market going down doesn't directly connect with gold prices. However, the dollar value does. I anticipate we will see the increase of gold when the dollar begins to inflate some more with the FED rate cut.
Give it a day or two and you will get the rise you are anticipating. Maybe even later today.
Dave
From the book The Moneychangers by Patrick S. J. Carmack:
Larry Bates was a bank president for eleven years. As a member of the Tennessee House of Representatives, he chaired the Committee on Banking and Commerce. He's also a former professor of economics and the author of the best-selling book, The New Economic Disorder. He has this to say about our future prospects:
“I can tell you right now that there is going to be a crash of unprecedented proportions- a crash like we have never seen before in this country. The greatest shock of this decade is that more people are about to lose more money than at any time before in history, but the second greatest shock will be the incredible amount of money a relatively small group of people will make at the same time. You see, in periods of economic upheaval, in periods of economic crisis, wealth is not destroyed-it is merely transferred."
Larry Bates was a bank president for eleven years. As a member of the Tennessee House of Representatives, he chaired the Committee on Banking and Commerce. He's also a former professor of economics and the author of the best-selling book, The New Economic Disorder. He has this to say about our future prospects:
“I can tell you right now that there is going to be a crash of unprecedented proportions- a crash like we have never seen before in this country. The greatest shock of this decade is that more people are about to lose more money than at any time before in history, but the second greatest shock will be the incredible amount of money a relatively small group of people will make at the same time. You see, in periods of economic upheaval, in periods of economic crisis, wealth is not destroyed-it is merely transferred."
This should end well.
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