Ron Paul on the Housing Bill
February 9, 2010, Posted by admin at 10:26 pm
“The Mother of All Bailouts” Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt. Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS. digg digg.com (buried after 1200 diggs!) digg 2 digg.com
all credit cards transactions reported to the IRS…!!!?????WTF
Why don’t they just treat housing like they do with the auto industry and open up a new market for the private sector to “trade-in” their home for another, whether it is for reasons to upgrade, downgrade, relocation, or whatever the case may be.
what do you mean
I hope revolution rides on its heels.
keep the economic crash commin!
glad the economy is free falling ! that will show them greedy fools to never try to make people homeless by rising stockmarket prices on housing again as long as they live!!!
a house is made of wood and plaster not gold! plaster and wood aint worth anywhere over
100.000$ a house is worth maybe 8000$ to 10.000$ in materials at the most! wallstreet had in mind to rise prices until people died of starvation and homelessness, glad to see they flailed miserably!
is that so? how about the freedom to own tax free land
you comedian!
what abot non taxables-prostitiiun,drugs,weapons,gameing,religions,loanage,stock market ponzy’s,political contributions,,usery,tax loopholes,lawyerism,etc when will these retards wake-up!!Just beause a hooker wont give ablowjob doesn’mean you can’ be shit and pissed on!!
i don’t support the housing bailout at all. if people get foreclosed, let them.
if they can’t own a home, they shouldn’t agree to own in the beginning. if they had been renting, they wouldn’t be in that mess.
my tax dollars don’t have a right to be wasted on vain loners that are terrified of getting a roommate or an apartment.
the housing bill supports the wealthy. plain and simple. bring on the foreclosures. they’re deserved!
personal responsibility. The Libertarian Party itself serves a much larger pro-liberty community with the specific mission of electing Libertarians to public office.Libertarians strongly oppose any government interfering in their personal, family and business decisions. Essentially, we believe all Americans should be free to live their lives and pursue their interests as they see fit as
Vote Libertarian next time.
What is a Libertarian?
Let’s start with Webster’s definition:
libertarian: A person who upholds the principles of individual liberty especially of thought and action.Libertarian: a member of a political party advocating libertarian principles. Libertarians believe in, and pursue, personal freedom while maintaining
Most of our families have had historical ties with the once great Republican party. The same republican party that long ago lost its way. The party of Regan, Lincon,and Martin Luther King Junior and others
Others with the democrats like JFK, FDR:/,JACKSON.
once the party of the people. Now force socialism down our throats..and half of these so called conservatives follow…somethings got to go..and its not the people of this country.Would the dead men of the 1st revolution stand and watch?
Ron Paul has won me over…i dont agree with everything he says..actually i disagree with a decent amount of what he says..but thats o.k..this country was built bythe blood sweat and tears of men who didnt agree on everything…what this country WAS NOT built on is these ignorant fools who refuse to take a look at the history of this world and of this great (but declining) country…its late in the game everybody..WE THE PEOPLE MUST NOW STAND..one thing all the founding father agreed on LIBERTY!
The housing market for years has been encouraged with state and federal tax deductions for mortgage interest and property taxes and virtually no tax on rental income and realized gains on sale of homes. This has created a climate encouraging investment in housing for profit and has drawn in the speculators who have artificially driven up the cost of housing creating a bubble. These policies were billed as ways to increase homeownership but only have resulted in making housing more expensive.
im on cam and bored
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Bingo, codej0. Who do we owe it to: Indeed. Debt wasn’t a problem when we owed it to ourselves and every interest dollar paid is one dollar earned. Debt wasn’t a problem when we were financing a production infrastructure. When we shifted to consumer debt in the era of Keynesian economics is when debt became a problem.
But you won’t win anyone to your side by calling them sheeple. It isn’t their fault they were socially engineered to accept the role of government in our lives.
this guy doesnt make sense.
listen to mccain.
all americans listen to mccain
The estimated population of the United States is 304,898,343 so each citizen’s share of this debt is $33,707.86. To whom do we owe this debt? Ourselves? LOL! Wake up and smell the coffee, Sheeple!
Ron Paul has been dead on for decades about our economy, and so are the Austrian economists he learned from (they predicted the Bear Stearns crash a decade ago.)
The bailout isn’t the beginning of the end, it’s the end of the beginning for the worst financial crisis since 1929.
youll see soon enough he was right on about everything, hopefully it wont be too late when everyone realizes it
Game Over.
Live simply so that others may simply live.
It seems they want us to “buy” these morgages so THEY can profit from the assets(housing)of the morgage. The houses and their value are still there.
I’ll be more willing go to prison for tax evasion before bailing out yet again the same ‘ol failing system,,,,,AGAIN.
WHAT GOOD DID IT DO YOU WHEN YOU BAILED OUT THE AIRLINES NOT TOO LONG AGO ???!!! HEELLLOOO????????????
GO RON PAUL/ CHUCK BALDWIN ‘08 !!!!!
what about families that have lost jobs due to injury or layoff? in some areas of the country there are not many jobs, areas where factories lay off hundreds of people, and there are not hundreds of jobs to go around? Most taxes go to support the war machine, Hundreds of billions a year are spent on wars and weapons contracts in which the major shareholders are good buds with the people in office who vote to approve the majority of taxes be spent on weapons.