Economy

This was probably the best interview of Ron Paul on the Fed by any network. I know it's on Fox but you gotta admit, this was definitely good.

In the same timeframe that Bushwacked has been president, the $10 Base Liberty Dollar will have Moved Up to the $50 Base and increased 500%…while the US dollar has lost 50%! What would you rather have? A currency that has increased FIVE TIMES or one that has lost HALF its purchasing power? Do you need a calculator?

Jim Rogers is one of the most respected investors on the planet. He endorsed Ron Paul a while back and if you heard Ron's interview on Fox Business earlier today, this interview on CNBC is almost a word for word replay regarding the macro-economic aspects and the federal reserve policy. Just look at the commentators spinning madly to try to call him insane. But notice that every time they do it, their challenge starts out with "Jim, of course you've been correct about this all along, but . . . "

quote: Sir Richard did not attempt to explain where so much land might be found, but did reveal that peak oil was part of the motivation for developing biojetfuel: "Apart from global warming, in about four or five years' time there's going to be more demand for fuel than there is fuel on this planet. So fuel prices will go through the roof, and so planes, ships, we've all got to come up with alternatives".

Greenspan is on the record as follows: "In the absence of the gold standard there is no way to protect savings from the confiscation through inflation. There is no safe store of value without gold. This is the shabby secret of the welfare statists' tirades against gold. Deficit spending is simply a scheme for the hidden confiscation of wealth. Gold stands in the way of this insidious process that stands as a protector of property rights."

Recession-proof casinos are beginning to feel the pain of the slowing U.S. economy.

This is part 2, there was nothing of value in the first part other then Jim Cramer forgetting to mention Ron Paul is on the only Presidential Candidit who has seriously address these issues. Jim had him on his show and they talked about getting ride of the FED, but strangely he seems to have forgotten that, here is a link: http://www.youtube.com/watch?v=8teEHdCrFqE

Part I of this video is here: http://www.youtube.com/watch?v=SB8WlxaObQY&feature=related

A very funny video on the "subprime" housing crisis for those who enjoy British humor.