Ron Paul vs Bernanke

Ron Paul is the business...

Black Man Becomes President. Texas Secedes from the Union.

I am joking about the title. But the issues raised are no laughing matter. On an individual level, people are angry. Later this day, Tea Parties all across the country will take place to protest the government's so-called stimulus.

At the state level, Texas is seeking to assert sovereignty in the face of what they believe to be an oppressive Federal government. They are basically saying that the government is using stimulus money to get a grip on the states.

This same concern is echoed by a small but growing number of corporations, who see the stimulus as a power grab and clandestine nationalization of the private sector.

If you read this blog, you know that I have never favored bailouts of any kind. Free markets work only if they are left alone. Unfortunately, we don't have free markets. In fact, we are closer to communism right now than at any other time in this nation's history.

Back from Vacation

I was on a self imposed blog vacation, but now I am back and have updated the Bank Closure Map with the latest closings.

In addition to banks, a lot of large credit unions are starting to fall. Right now, there are 50 sunk banks on the map, and we're not even close to done. Will we hit 100?

Stay tuned to find out.

The Bank Closure Map

Eisenhower Farewell Speech

Conspiracy Thursday - Obama: Broken Promises

Nothing like a little conspiracy theory to break up the monotony. Check out this documentary. It's from the same people that pounded Bush while he was in office.

AIG Bonuses... Why are you Surprised?

Everywhere you look, there is OUTRAGE about the bonuses that AIG executives will receive. OUTRAGE, I Tell You. IT IS OUTRAGEOUS!

For all of you that think this is outrageous, please do sit down and shut up.

What is outrageous is that the company got bailed out in the first place. It is outrageous to live in a country where the free market is dead. It is outrageous to have a leadership willing to sell its constituency down the river.

The ENTIRE PURPOSE of these bailouts is to make sure that the rich people that own these corporations, their bonds, their stocks, do not lose THEIR money. Any talk of helping the american tax payer is just a thinly veiled lie.

We are drowing in debt. How can the solution be to create more debt?

The only way this thing stops is if people are forced to SUFFER THE CONSEQUENCES of their actions. As long as we live under a government that shields people from personal responsibility, we won't have any responsible people.

Of course these executives are going to take their money and run. Outrageous? IT'S OBVIOUS. These parasites have been feeding off the system forever. It's the only way they know how to live.

Do you really think that someone who has been irresponsible their entire life will suddenly become responsible when it's YOUR money?

The reason free markets work is because when the hosts die, the parasites are flushed out as well. But in this case, we are not letting the diseased hosts die. We are keeping them on life support. And then we act surprised when the parasites keep feeding.

Cramer vs Stewart Video

Jon Stewart Interviews Jim Cramer
Uploaded by gaijinhito

Audit the Fed

Ron Paul is proposing a bill to Audit the Fed. Sign the petition today! Click below...

AUDIT THE FED!