In the video below, Ron Paul speaks about the bailouts and how it’s taking a bad situation and making it worse by adding fuel to the fire. You have companies that have performed poorly with assets they have been entrusted and in doing so the government is rewarding them by taking assets from those who have performed well to give to the underperfomers and some how that will make things better. It just doen’t make sense.
Wishing you all a happy and safe Christmas and new year! Below is a animated Christmas Card and a great light show.
I just got the following politically correct holiday greeting in my email.
The Federal Reserve on Tuesday cut its target for overnight interest rates to zero to 0.25 percent, bringing it closer to unconventional action to lift the economy out of a year-long recession.
As if there aren’t enough taxes, you could soon be paying more for soda. In an effort to close the $15 billion state budget gap, New York Governor David Paterson is calling for a 15 percent tax on soft drinks. If you drink diet, you’re okay. The tax would only be imposed on regular, non-diet soft drinks. The logic: it could generate more than $400 million while helping to curve obesity.