ron paul is not in the race, yet he is still holding the money raised for the race. The ron paulites don't understand that, so deep is their denial. They gave their money to a complete loser... They have to try and convince themselves he is still in the race, still participating in debates... <img src=http://www.elitetrader.com/vb/attachment.php?s=&postid=1856792>
he is legally still in the election and the people that donated the money want him to still get their message out.... do you hate their freedom? LOL LOL LOL ZZZZzzzenu You Crack Me and Tom Cruise Up
A terminal patient on life support is still "legally" alive... ron paul isn't even on life support...
so you would want to steal that patient's money? what kind of monster are you? oh... let's ask samantha power. LOL LOL
Very true. As one MSNBC reporter commented the other day when McCain showed up at an Economics Forum, the only thing that he could do properly was pronounce the word liquidity correctly. Other than that, he blamed the sub-prime mess on a LACK OF REGULATION..... Can you imagine that? The guy basically comes to a baseball field wearing pads and a helmet. He has no clue when it comes to Economics, and has admitted as much over the years. Just clueless.
1. How were "taxpayers" impacted by the BSC-JPM deal? NO public funds were used nor pledged. Perhaps the BOE is set up differently than here but the Federal Reserve is not a government entity per se'. It's really just a clearinghouse/lender to banks with the bonus of being able to debase the American dollar ipso facto. 2. In the United States "Joe Public" is a marginal taxpayer. Our tax code here is progressive to say the least. http://www.ntu.org/main/page.php?PageID=6 3. The impact on U.S. citizens is not through "bailouts" because no "bailouts" vis a vis' the public i.e. Congress have occurred. What has happened though is because of deep, rapid rate cuts supporting the banks, average Americans have seen essential costs increase because of a weaker currency. 4. Rich folks are less impacted by inflation than asset less wage earners. If America becomes Argentina then those of us with stocks or real estate won't miss a beat. U.S. asset prices will keep some sort of parity with like global assets. Wages however will NEVER keep up with runaway inflation. Hence the only policy that's relevant in this discussion is the Fed's open market operations. Why doesn't Congress care? Because they TOO would like to inflate their way out of debt.
inflation is a tax on the middle class and poor. don't forget.. inflation gains are taxable when realized although purchasing power has decreased. bear gave billions in bonuses in january that won't have to be returned due to the bail out. if they had to declare bankruptcy the bonuses were at risk. the fed has illegally gained the ability to create illegal money out of thin air and then charge us interest. this is a ponzi/pyramid scheme.... and we are seeing the negative results come to fruition.