Thursday, February 26, 2009

Ron Paul's Opening Statement to Bernanke on 2/25/09

http://www.youtube.com/watch?v=aW2V50AS7K0

Ron Paul makes a good point when he states that capital doesn't come from credit. There has been a misconception that more credit and more consumption is the solution. It was easy credit that got us into this mess and now we think more credit will solve it. The same idiots that we are looking up to to get us out of this situation are the same people that got us into this situation.

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