A View From Middle England - Conservative with a slight libertarian touch - For Christian charity and traditional belief - Free Enterprise NOT Covert Corporatism

Friday, November 28, 2008

Ron Paul on the bailout - a bit more

Ron Paul is maintaining the good work in keeping tabs on various characters, Ben Bernanke being one of them. Here's Ron Paul's latest message (which I've just seen!).

I like this piece - "An essential element of a healthy free market, is that both success and failure must be permitted to happen when they are earned. But instead with a bailout, the rewards are reversed – the proceeds from successful entities are given to failing ones. How this is supposed to be good for our economy is beyond me." It's beyond a great many of us, but these fiscal phonies are really in some kind of dream world.

Here is Ron Paul painting a mental picture for Ben Bernanke. I'm surprised the Federal Reserve Chairman sleeps at night seeing as he's counting all those noughts on the end of the dollar sign!


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