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To: mission9
What an insipid 'article.'

The author is an idiot.

Ron Paul is not manipulating the downward spiral of the dollar, the FED is, via printing truckloads of currency and attempting to prop up failing financial institutions.

Why are they failing? one word: GREED

Greed of the average Joe who pulled multi-thousands of 'equity' out of his house and bought toys with it, instead of being responsible. Who then did a 'refi' to do it all again 2 years later. Now his 250K house is floating a 375K loan and the market tanked. So what does Joe do? He walks away with $125K worth of crap he didn't pay for and the bank has a house that is still worth 240K.

The banks were greedy too of course, lending money to loser they knew couldn't pay long term. But they still slammed them into ARMs and other flaky instruments and let them pay for 5 years before losing their homes.

To try to blame the current situstion on someone who advocates commodities as a way to protect the value of one's labors is ridiculous.

31 posted on 01/17/2008 1:04:44 PM PST by JOAT
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To: JOAT
Ron Paul is not a serious candidate, and if he were, he would place his assets in a blind trust like every other responsible candidate. Paulites are getting hosed and so instead of questioning the wisdom of talking down the dollar, the anarchists pile on. And then the foolish have the nerve to attack those who have the courage to question pretend monetary authority - Mr. Pork Barrel Ron Paul. So try addressing the issues raised and not attacking the scholar.

A Paulite would be much smarter to join a campaign that has a chance of winning, not whining.

34 posted on 01/17/2008 1:34:47 PM PST by mission9 (It ain't bragging if you can do it.)
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