Wednesday, December 17, 2008

The Philosopher's Stone

Great warnings from Peter Schiff and Ron Paul. The question is, is anyone really listening?

Congress just voted against bailout money for the auto industry and yet the Treasury Secretary is making plans to give them TARP money - so doesn't that constitute taxation without representation?

Let's see - The Fed just dropped interest rates again - they want you to borrow more money to consume more.

How much more debt can we assume?

How much more of our assets will be sold off? and to whom? China? the Saudis?

Troubling indeed.