Thursday, July 3, 2008

From afar we looked at everything that has happened since George W. Bush came to power. We went from being surprised, to being amazed, to being totally disgusted. We could not believe our eyes! What in God’s name happened? We witnessed the absolute annihilation of everything we admired. And now, dear me! It was so nice for a while to cling to some sort of dream that somehow there was a land of plenty, of liberty, out there somewhere called America… ASC

The following statement is written by Congressman Paul about the pending financial disaster. He will introduce this statement as a special order and insert it into the Congressional Record next week. ........There are reasons to believe this coming crisis is different and bigger than the world has ever experienced. Instead of using globalism in a positive fashion, it’s been used to globalize all of the mistakes of the politicians, bureaucrats and central bankers.

Sunday, June 29, 2008

The Crash of the U.S. Economy has begun.

It’s official. Mark your calendars. The crash of the U.S. economy has begun. It was announced the morning of Wednesday, June 13, 2007, by economic writers Steven Pearlstein and Robert Samuelson in the pages of the Washington Post, one of the foremost house organs of the U.S. monetary elite.
Pearlstein’s column was titled, “The Takeover Boom, About to Go Bust” and concerned the extraordinary amount of debt vs. operating profits of companies currently subject to leveraged buyouts.