Tuesday, October 28, 2008
Chuck Baldwin is Right On with his condemnation of the bailout.
I voted early for Bob Barr and I am glad that I did, but I may have voted for Baldwin instead of Barr if I had known how he is exactly right on monetary and fiscal policy.
His citations of Jefferson and Jackson and Washington should make us all think about the way fiscal policy is decided among the criminals in Washington DC
“Gentlemen, I have had men watching you for a long time, and I am convinced that you have used the funds of the bank to speculate in the breadstuffs of the country. When you won, you divided the profits amongst you, and when you lost, you charged it to the bank. You tell me that if I take the deposits from the bank and annul its charter, I shall ruin ten thousand families. That may be true, gentlemen, but that is your sin! Should I let you go on, you will ruin fifty thousand families, and that would be my sin! You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out.”
Andrew Jackson- in a speech to a delegation of bankers in 1832