Thread: It Was A Rescue!

Originally Posted by roundabout

Agreed Hylander. And we are on the same page. The education or the Phds I was refering to, was to point out that it would seem rather apparent the implication of policies set forth in the market of housing for all, with cheap credit, could only stand out as interference into the market with dire consequences in tow should it be allowed to continue for a lengh of time. The bubble must have been forcasted and understood way in advance of the burst. Where were the alarm bells? The media went right along with this fleecing.

"In regard to economic policy, socialism and communism are identical." Ludwig von Mises

Definitely on the same page there. Nice to see other's ideas and articulations as that is a good way to pick up on little details we can miss.

Also noticed your quote from Ludwig von Mises. Have you seen this one?

http://video.google.com/videoplay?docid ... 0567002553

Definitely on the same page there. Nice to see other's ideas and articulations as that is a good way to pick up on little details we can miss.

And the best part is more and more people are starting to "kick the can down the road" as Wonder Boy would say, and while the can rolls along and empties its contents, more and more makes sense.

Beware MSM, the gig is up!

"I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that for the reduction of the administration of our government to the genuine principles of its Constitution; I mean an additional article, taking from the federal government the power of borrowing." John Adams

Hey Roundabout,

Here's a good one I like from John Adams. It compliments the one you've been using:

John Adams quotes:
All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit, and circulation.

These men were lightyears ahead of people in their time. And by sheer virtue alone, even though possessing defects, are lightyears ahead of people in our time.

All the perplexities, confusion and distress in America arise not from defects in their Constitution or Confederation, nor from want of honor or virtue, so much as downright ignorance of the nature of coin, credit, and circulation.

That is a great quote, however this one for me, one which you posted some days ago says so much and rings so true.

"Our Constitution was made only for a moral and religous People. It is wholly inadequate to the government of any other." John Adams

Thanks for posting this one. Time tested, pure wisdom.