"A false recovery is under way. I am reminded of the outlook in 1930, when the experts were certain that the worst of the Depression was over and that recovery was just around the corner. The economy and stock market seemed to be recovering, and there was optimism that the recession, like many of those before it, would be over in a year or less. Instead, the interventionist policies of Hoover and Roosevelt caused the Depression to worsen, and the Dow Jones industrial average did not recover to 1929 levels until 1954. I fear our stimulus and bailout programs have already done too much to prevent the economy from recovering in a natural manner and will result in yet another asset bubble."
Four years ago, I thought Ron Paul was crazy. However, everyday as our National debt increases, the Fed usurps more power, and our corrupt politicians deliberately desecrate the U.S. Constitution, and more "entitlement" programs are forced upon us, it is clear that our nation is on a path to ruin.
------------------------------------------------------------------------------------
Learn more about what is going on, and how you can protect yourself and your family. Here are two great books from 2 of the smartest guys in America, Ron Paul and Peter Schiff:
Saturday, November 7, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment