Thursday, September 25, 2008

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? Mor

LIVE FREE!

ABOLISH THE CENTRAL BANK AND THE CENTRAL BANK AND TRADE CARTEL AND THE CENTRAL GOVERNMENT THAT PROTECTS THESE CRIMINALS

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy - all the capital misallocation, all the malinvestment - and prevent the market's attempt to re-establish rational pricing of houses and other assets.

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