If you support bailouts....

Discussion in 'Economy' started by mash107, Apr 14, 2009.

  1. mash107
    Offline

    mash107 Active Member

    Joined:
    Dec 24, 2008
    Messages:
    570
    Thanks Received:
    82
    Trophy Points:
    28
    Ratings:
    +82
    Time to put your money with your mouth is, with.... bailout bonds!

    Bailout Bonds? - Llewellyn H. Rockwell, Jr. - Mises Institute

    Introducing a way for those that support welfare for the well connected to usurp even more money out of us directly. Since 1913, this funding has been going on indirectly through the Federal Reserve, but now, you can participate giving failed banks your hard earned money! I expect Truthmatters to devote a chunk of her income towards this as she seems to be such an ardent supporter of giving wealthy people welfare, as her other thread indicates.

    Honestly, I wish they would've had this at the beginning... instead of, like fascists, forcing us to bail incompetent people out... those stupid among us could be given the option to bail out the incompetent. Better yet, why can't we just let them fail?
     
    • Thank You! Thank You! x 1
    Last edited: Apr 14, 2009
  2. Kevin_Kennedy
    Offline

    Kevin_Kennedy Defend Liberty

    Joined:
    Aug 27, 2008
    Messages:
    17,590
    Thanks Received:
    1,581
    Trophy Points:
    205
    Location:
    Ohio
    Ratings:
    +2,027
    Great article, but I believe Truthmatters is female.
     
  3. mash107
    Offline

    mash107 Active Member

    Joined:
    Dec 24, 2008
    Messages:
    570
    Thanks Received:
    82
    Trophy Points:
    28
    Ratings:
    +82
    oops, corrected.
     
  4. Iriemon
    Offline

    Iriemon VIP Member

    Joined:
    Apr 2, 2009
    Messages:
    2,745
    Thanks Received:
    99
    Trophy Points:
    83
    Location:
    Miami
    Ratings:
    +99
    I'll start investing in those as soon as the come out with the overspending on the military and mistaken war bonds, the support Paris Hilton tax free inheritance bonds, and the Medicare and SS super rich giveaway bonds.
     
  5. mash107
    Offline

    mash107 Active Member

    Joined:
    Dec 24, 2008
    Messages:
    570
    Thanks Received:
    82
    Trophy Points:
    28
    Ratings:
    +82
    What about the I fail to balance a budget bonds?

    Or wait.... we already have treasury bills.

    I was thinking... since government debt is buying up all the banks toxic assets... wouldn't t-bills essentially be toxic? I wonder when the Chinese will catch on.
     
  6. Agnapostate
    Offline

    Agnapostate BANNED

    Joined:
    Sep 19, 2008
    Messages:
    6,860
    Thanks Received:
    344
    Trophy Points:
    0
    Location:
    The Quake State
    Ratings:
    +344
    I'm sure the Mises Institute will begin a full critique of Reagan's military Keynesianism post-haste.
     
  7. Yurt
    Offline

    Yurt Gold Member

    Joined:
    Jun 15, 2004
    Messages:
    25,583
    Thanks Received:
    3,554
    Trophy Points:
    270
    Location:
    Hot air ballon
    Ratings:
    +5,038
    notice how the banks got their bailout money quicker than the citizens are supposed to get theirs...obama bailout = same as bush
     
  8. Iriemon
    Offline

    Iriemon VIP Member

    Joined:
    Apr 2, 2009
    Messages:
    2,745
    Thanks Received:
    99
    Trophy Points:
    83
    Location:
    Miami
    Ratings:
    +99
    Rightly so.
     
  9. mash107
    Offline

    mash107 Active Member

    Joined:
    Dec 24, 2008
    Messages:
    570
    Thanks Received:
    82
    Trophy Points:
    28
    Ratings:
    +82
    You mean like this....

    Rothbard, ""Systematic betrayal was the precise meaning and function of the Reagan administration. So effective was Ronald Reagan as a rhetorician, though not a practitioner, of freedom and small government, that, to this day, most conservatives have still not cottoned on to the scam of the Reagan administration. For the 'Reagan Revolution' was precisely a taking of the revolutionary, free-market, and small government spirit of the 1970s, and the other anti- government vote of 1980, and turning it into its opposite, without the public or even the activists of that revolution realizing what was going on."
     
  10. Iriemon
    Offline

    Iriemon VIP Member

    Joined:
    Apr 2, 2009
    Messages:
    2,745
    Thanks Received:
    99
    Trophy Points:
    83
    Location:
    Miami
    Ratings:
    +99
    He did give us those tax cuts and run up the debt about 180%. That was popular.
     

Share This Page