2 posts tagged “fannie mae”
Fannie and Freddie, If Only Someone Warned Us. . .
The Republicans that voted in the primary could have voted for him, but, alas, it was not to be. Instead of someone that knows what he is talking about in economics and finances, they nominated someone who is just the opposite. A Senator who could not see what was going to inevitably happen and, furthermore, believes the solution to yet another clear failure of statism in the market place is more statism.
Listen to Dr. Ron Paul being interviewed here.
"Austrian" Economists Predicted the Entire Financial Crisis. . .
They predicted this crisis, as they did the Dot Com Crash and, to go back further in time, even the Great Depression. Maybe it is time people start reading their essays and books. Let's all educate ourselves: click here.
Correct ideas are what can put us on the right track.
Read Mr. Rockwell's "The Social Imperative of Sound Money." (Listen to this speech here [mp3].)
And see his essay "Understanding the Crisis."
Walter Block: "Have we learned nothing from the fall of the USSR? Socialism doesn't work. It doesn't work in ANY country, and it doesn't work in ANY sector of any nation's economy. Housing is no exception."
Read the Following:
- "Stop the Bailout" by Llewellyn H. Rockwell, Jr.
- "How to Avoid Another Depression" by Mark Thornton.
- "Ticking Time Bomb Explodes, Public Is Shocked" by Robert Higgs.
- "Fannie, Freddie, Fascist" by Llewellyn H. Rockwell, Jr.
- "Freddie Mac: A Mercantilist Enterprise" by Paul Cleveland.
- "Fannie Mae: Another New Deal Monstrosity" by Karen De Coster and Eric Englund.
Mike "Mish" Shedlock: "Fresh with a $100 billion taxpayer bailout, the very first thing out of Tom Lund's mouth is to inform everyone that nothing has changed, and it's business as usual. 'Business as usual' is exactly why we are in this mess in the first place."
