THIS BLOG IS MY BLOG. THIS BLOG IS MY BLOG. Welcome to the Home of Hyperopia.: Some Reading and Some Watching on the Bailout

Friday, September 26, 2008

Some Reading and Some Watching on the Bailout

Ron Paul continues to deliver the goods (truth) re: the bailout.

Ron Paul on the Bailout

Jon Stewart continues to deliver the goods (irony) re: the bailout as well, though I wish Stewart was publicly out there clamoring about the Federal Reserve (which he is not).

I thought the name of their new segment ("Clusterf#@k to the Poorhouse") said a lot.

Click below to enjoy.

2 Comments:

Anonymous chris said...

I'm with you on this one. Those of us responsible enough to earn and save enough to buy a home we can afford are the ones that get screwed.

Also interesting is that there are a fair number of true liberals, true conservatives and libertarians that are all highly skeptical of the "bailout". It seems like it's only the establishment politicians (on both sides) that are pushing this thing through. That alone should make us pause to wonder.

If liberals and conservatives are agreeing on something, we probably ought to stop and figure out if they're on to something.

8:05 PM, September 28, 2008  
Blogger garrett said...

Thanks, Chris.

It is pretty eye-opening, to say the least, what is going on. It's abundantly clear to me based on the public news reports that if they put this thing (the proposed bailout) to a plebiscite it would fail by a wide margin. And if the news media is reporting that it would fail by a wide margin (the news media is as much "establishment" as the politicians), the victims (the people) must be really outraged.

Of course it will be important for voters to actually follow through on all the threats and not vote for the people who vote for this bailout (I imagine something will be passed, unfortunately).

The country is run by and for the bankers (and always has been since 1913/1914 when the Federal Reserve was established).

This is as brazen a demonstration of that fact as we will probably (hopefully!) see in our lifetimes.

8:09 PM, September 28, 2008  

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