By Nick Adama
As the foreclosure crisis has only grown worse by the month, and large banks are in danger of collapsing, the focus of government appears to be focused on helping homeowners save their homes from foreclosure. The government has stepped in with a number of different policies and programs that are designed to help people suffering from the foreclosure crisis. With most of what government does, though, the people who are designed to benefit are actually being hurt, while the parties who are most responsible for the financial crisis are socializing their losses.
More on Are the Government's Programs Helping Foreclosure Victims or the Banks?
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Don't Blame Homeowners for the Foreclosure Crisis Without Blaming Big Government, Too
By Nick Adama
Many of the discussions of people facing foreclosure categorize them as greedy, overspending, and having no one but themselves to blame for their poor financial conditions. Individual homeowners, despite their lack of financial resources and lack of financial education from government schools, are held responsible for their inability (or willingness) to adequately inform themselves about the mortgage contracts they were entering into.
Filed under Economy, Federal Reserve by
The following letter to the editor by Ron Paul appeared in Friday's (2/29) Wall Street Journal:
I was delighted to read in Judy Shelton’s op-ed, "Security and the Falling Dollar" (Feb. 15), that at long last the security implications of the dollar’s collapse have made their way into the mainstream media. The dollar’s strength (or lack thereof) has been of paramount concern to me, and the subject of many of my statements over the past several years. Decades of manipulation by the Federal Reserve have benefited the government and certain politically-connected firms, while gradually destroying the purchasing power of middle-class Americans. Despite numerous warnings in the past, it is only now at a point of acute crisis that Washington insiders are beginning to awaken to the reality of the end of dollar hegemony.
Filed under Federal Reserve by
What we propose is …
A one day, national Strike, to make everyone aware of the numbers of people who are aware of this deceit.
WHEREAS:
The Federal Reserve is an illegal corporation that operates for profit and is NOT part of the federal government of the United States of America.
Filed under Federal Reserve by
Never doubt that a small group of thoughtful, committed people can change the world.
Get Mad America! Rise Up and Demand Your Rights!
Filed under Campaign Trail, Federal Reserve by
How about that… Fox News finally ran a story about Ron Paul.
And, it's a story on a topic Ron Paul has been talking about for a long time… the Federal Reserve and how the "inflation tax" is destroying our economy.
More on The Federal Reserve is to Blame for the Weak Economy
Filed under Economy, Federal Reserve by
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