TaoEconomics

This does not even include the debt added from Fannie and Freddie which can be as high as a trillion over the next few years. And people are buying U.S. treasuries! HAHAH! Wow. They are going to find over the next few years that gold and silver will be the true safe places to store their money.

I've been studying economics daily for the last 7 or 8 years (and I do mean daily, aside from vacations and some weekends). I found Austrian Economics through the Daily Reckoning (I have them linked on the left nav) back in 2001. I was curious about the stuff in our wallets we called money and the central bank it came from. I can assure you that the single most important topic on this entire earth is central banking, and the only person in congress (or in DC for that matter) that is talking about it is Ron Paul.

Here was my email to Maria today,

"Thank you! Thank you! Thank you!

"...but I do not support turning the keys of the U.S. Treasury over to the private sector. I don’t believe it’s the government’s job to pick winners and losers in corporate America. "

I've been following what my congressman has been saying about the bailout. He rails against it in the speech on the house floor. Then when I look to see who voted for the 700 billion bailout for the crooks who caused the problem, McDermott is on the "Yes" list!!! Then he pulls the link to his speech off of the front page (hoping we won't notice) and updates his page to state why he voted for it. The link to his anti bail out speech is still on his servers, you can read it here: http://www.house.gov/mcdermott/sp080923.shtml