This is a wonderful explanation.
Daily Archives: 23 January 2010
Peter Schiff on Obama’s newly declared war on banks
* Reckless behavior by banks was not a CAUSE of the crisis, it was a symptom of massive government subsidy of irresponsible behavior and artificially low interest rates.
* The prime cause of the crisis was and remains artificially low interest rates.
* Obama is not preventing another crisis by regulating banks, he is causing one.
Ron Paul vs Anthony Weiner on Healthcare
I think Paul handled this very deftly, quickly finding gaping holes in Weiner’s big government propaganda.