Ron Paul Discusses the Mortgage Crisis on Glenn Beck
Uploaded by: TheBuddhaJesus
Video Description:
"What you do politically is bail everybody out. If you want to do good economics you let people who made mistakes fail and cleanse the system."
-- Ron Paul
Tags for this video: Beck Crisis Glenn Mortgage Paul Ron
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I agree, Obama is the lesser of 2 evils, but I'm voting third party for the first time this year as a statement that 2 parties simply CANNOT represent 300 million Americans. It only takes a small percentage of votes for funding of a third party.
if we allow the bankers to run roughshod over the republic former republic — our children will wake up homeless on the continent their fathers conquered.
Community Activism (Community Redevelopment Act of 1977 and 1995 revisions ; forces banks to loan money to non qualified buyers) meets Government Fiat (Oxley Sarbanes Act of 2002 which forces the banks and insurance companies to price their portfolios at the market every quarter, thanks to Enron) equals Financial Crisis
The Financial Crisis explained in one sentence, only remaining question is;
was it un- intended?
NEWSFLASH!!
Nobody was ever handing out houses to niggas with bad credit.