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archivesRon Paul - Don't Blame the Market for Housing BubbleThe Federal Reserve provides the mother's milk for the booms and busts wrongly associated with a mythical "business cycle." Imagine a Brinks truck driving down a busy street with the doors wide open, and money flying out everywhere, and you'll have a pretty good analogy for Fed policies over the last two decades. Unless and until we get the Federal Reserve out of the business of creating money at will and setting interest rates, we will remain vulnerable to market bubbles and painful corrections. If housing prices plummet and millions of Americans find themselves owing more than their homes are worth, the blame lies squarely with Alan Greenspan and Ben Bernanke. Full text here: Chuck Baldwin - Is 2008 The Year Conservatives Abandon The GOP?It is no hyperbole to say that conservatives throughout America are extremely disappointed and disillusioned with the national Republican Party. This discouragement is only deepened as they peruse the field of prominent candidates being trotted out as "frontrunners." It appears that conservatives will be asked to choose between the chameleon Mitt Romney, the pro-amnesty-for-illegal-aliens John McCain, and philanderers Newt Gingrich and Rudy Giuliani. A few conservatives seem slightly excited that former Tennessee senator Fred Thompson is mulling entrance into the presidential race. However, a closer inspection of his voting record finds him to be just another globalist neocon, who would do little to change things in Washington, D.C. For example, Americans for Better Immigration gives him a puny career grade of "C." The Republican Party's unwillingness to advance a genuine conservative has left millions of grassroots Republicans on the verge of leaving the GOP. For example, a poll at the recent CPAC meeting found the "overwhelming majority of conservatives displeased with the leadership of the Republican Party, and most conservatives scowl at the thought of having to vote for Rudoph Giuliani, John McCain, or Mitt Romney." In fact, the displeasure of grassroots conservatives with the GOP manifested itself in the creation of the Conservative Exodus Project (CEP), which was formed immediately following the recent CPAC meeting. According to organizers, CEP "is a vehicle for conservatives to leave the GOP if a real conservative presidential candidate is not chosen in 2008." Members pledge either to not vote, or to vote third party (e.g. Constitution Party). |
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