The AP is reporting that there’s a new stimulus package being worked on in Congress. While getting back some of our tax money sounds great, this is totally the wrong way to approach this problem! This package doesn’t find a way to balance the federal budget which is already [...]

Definitely worth a read is Congressman Ron Paul’s “A New Era Of Slavery” posted yesterday:

In the midst of highly unpopular bailouts of Wall Street, many justifications have been given about why Washington feels the need to act. Some claim that capitalism and the free market are to blame, [...]

Michael Rozeff posted a great article titled Understanding Recession over at LewRockwell.com:

In a recent short article, I explained that capital flees from government’s taxes and regulation. The other side of the coin is that capital is attracted by government’s subsidies.

The attraction of capital to activities that are [...]

I just received a response to my anti-bailout email that I sent to Congressman McCotter (R-MI). Here it is, in its entirety:

Thank you for informing me of your opposition to the Bush Administration’s $700 billion Wall Street Bailout. Your thoughts on this important matter are most welcome and appreciated.

[...]

All these bailouts are, justifiably, causing many people to wonder about the value of their dollars.  The precious metals market is benefiting greatly from this worry.  If you yourself are thinking of looking into precious metals as a way of padding your savings then I would like to suggest taking a [...]

I came across an old timeline on the FDIC’s website which lists the major events of the S&L crisis of the 1980′s and 1990′s and found it a bit interesting. Click here for the S&L Timeline.

Wikipedia has a pretty good summary of the S&L situation as well.

The New Zealand Weekly Herald is reporting that Germany’s Parliament has just approved a 500 billiar Euro (USD $675 billion) bailout of the country’s financial markets. This move continues the new global approach to socializing the world’s banking systems. Why is it that when people start panicking about something, those [...]

Once again, Texas Congressman Ron Paul tells it like it is.

Peter Schiff explains to CNN how our government is leading us down the road to even more bailouts, and how that policy will eventually devalue our currency to the point of destruction. As usual, CNN has made sure to have someone else on the air who disagrees, but it’s pretty clear [...]

Texas Congressman Ron Paul spoke on out on October 10th about how to really restore confidence to the stock market. Check it out: