Search

 

Wednesday, September 24, 2008

Ron Paul Testimony

Ron Paul was as good as ever.  Here is a summary of what he said (Note: They are not exact quotes but my estimation of what he was saying).

Where does the money come from?  Out of thin air? 

Finally, someone talking about where the money is coming from.  More inflation.

 

House prices need to comedown.  Price fixing is not a solution.  The fed is trying to price fix by buying securities. 

Finally, someone being honest and saying something smart.  Finally someone said it - House prices need to come down! 

 

Where does this authority (for creation of unlimited amount of money) come from?  I do not see anything in constitution.

Thank god someone brought this point up. 

 


The content contained in this blog represents the opinions of HousingDepression.
This commentary in no way constitutes investment advice. It should never be relied on in making an investment decision, ever. Nor are these comments meant to be a solicitation of business in any way - such inquiries will not be responded to. This content is intended solely for the entertainment of the reader, and the author.  We may hold either long or short positions in securities of various companies discussed in the blog.  The information in blog may contain misspellings and other inaccuracies.  It is provided "As IS," without express or implied warranties of any kind.  HD represents all rights to the information.


Technorati Tags     ,,

No comments: