March 12, 2008

‘Quick, Add More Printing Presses’

Posted by Lew Rockwell on March 12, 2008 09:41 AM | Post a civil, substantive, and intelligent comment

The Fed takes its “boldest” (read, most reckless and damaging) action since its previous Great Depression, to bail out Fannie Mae and the rest of the fascist government - business partnerships underlying the crisis, and which cannot be saved, though much damage can be done in the trying. Need I note that only one public official, Ron Paul, has long pointed out the dangers of the government - subsidized boom in housing, and predicted exactly what has happened? Yes, Ron Paul. Is it any wonder that he is targeted by plutocrats, whether Kansan or Canadian? (Thanks to Robert Hiett for the url.)

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