Only the Free Markets Can Save Us Now

The Provocateur ^ | 03/03/2009 | Michael Volpe

[fiscon1]

Of course, this won't happen, but it should be on the record for posterity at least...

First, I want to introduce this quote from a Wall Street Journal article last fall.

Is a housing bailout the solution for clogged-up credit markets and a faltering economy? What the Fed has been doing and did again yesterday hasn't really worked, notwithstanding the pops it produces in the stock market every time it shovels liquidity into the system. The Fed's latest move provides financial institutions another $200 billion in direct short-term lending against their unsaleable housing collateral. The Dow Jones jumped 416 points. But it won't restart markets for the underlying collateral.

Where are the speculators, vultures and hedge funds? Where are the big money players willing to buy the exotic but still substantial mortgage-backed securities for which markets have ceased? The Fed's liquidity rush seems only to have convinced them the time is ripe for staying on the sidelines.

[longtermmemmory]

Only the free market of ideas can save us from Obama and the pogo stick pelosi democrats.

WE HAVE to educate the voters.

We HAVE to eductate those heads full of mush in college that OBAMA IS KILLING THEIR FUTURE JOBS!

No 200k jobs! Why work?
(governmetn jobs mean loan forgivness)

If government pay for your school, governemnt tells you where to go to school.

We need to attack the advertisers of the deliquent media.

[sbhitchc]

Do not be deceived; your money is nothing compared to the government. Don't bet against them. It will not help you but, it could be their salvation. There are two possibilities:

1) You loose your wealth and are more likely to depend on the state

2) You earn more money only to have it taken to support the state

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“Act as a rational being and aim at becoming a rallying point for all those who are starved for a voice of integrity-act on your rational values, whether alone in the midst of your enemies, or with a few of your chosen friends, or as the founder of a modest community on the frontier of mankind’s rebirth.

“When the looters’ state collapses, deprived of the best of its slaves, when it falls to a level of impotent chaos, like the mystic-ridden nations of the Orient, and dissolves into starving robber gangs fighting to rob one another-when the advocates of the morality of sacrifice perish with their final ideal-then and on that day we will return."

John Galt