***Dr. Paul has long argued that an economy built on easy credit, insatiable consumption and deficit spending is a time bomb. He backs a national economic model based on savings, investment and production.
An economy that depends so heavily on government intervention to keep it afloat is one that creates of necessity an ever more powerful state.***
True words all.
posted on 11/30/2008 11:25:51 AM PST
(The federal government:: Because someone has to f*** things up!)
The words were true. However, it's not really appropriate to use the honorific “Dr.” in this situation. He's a Doctor of Medicine — not a Doctor of Economics, or Doctor of Politics. Call him “Dr.” when he's dispensing medical advice — call him “Congressman” when he's dispensing political or economic opinions.
Credit is an inseperable element of Capitalism.
posted on 11/30/2008 1:30:24 PM PST
(Hero vs Zero)
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