Wednesday, February 25, 2009

The End of Ponzi Finance


Uncle Sam Is like a teenager who stole his parents credit cards, went on a spending binge, then used one to payoff the other until they were all maxed out. Now behind on the bills which are bigger, the credit stream is dirt dry, Minsky has had his moment and the only place to turn is the international loan sharks of the New World Order.


All of Ron Paul's Comments to HFSC/Bernanke 2/25/2009:

All of Ron Paul's comments today at the House Financial Services Committee. In his opening remarks to Bernanke, Ron Paul defends capitalism and warns against international fiat monetary schemes, which will exacerbate our economic woes. Then he Schools Bernanke... Yet again!

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