Ron Paul, my hero.

[Хahar 🤔]

So you'd rather face more pointless wars?

You love the devil you know. Or something to that effect. Can't remember the exact phrasing.

[dead0man]

That's a much better excuse I must say.  It's shallow, but it makes more sense.

[Cubby]

In this case, this manifested itself in overbuilding in real estate. When builders realize they have overbuilt and have too many houses to sell, too many apartments to rent, or too much commercial real estate to lease, they seek to recoup as much of their money as possible, even if it means lowering prices drastically.

This lowering of prices brings the economy back into balance, equalizing supply and demand. This economic adjustment means, however that there are some winners -- in this case, those who can again find affordable housing without the need for creative mortgage products, and some losers -- builders and other sectors connected to real estate that suffer setbacks.

The government doesn't like this, however, and undertakes measures to keep prices artificially inflated. This was why the Great Depression was as long and drawn out in this country as it was.

Does the part I highlighted mean the same thing as deflation? Is Paul saying deflation is necessary?

Most economists I've read before seem to fear deflation just as much if not more than inflation, calling it a vicious circle.

[OldWeirdAmerica]

Thank god Paul will never get anywhere close to the presidency, he's even worse than Bush.

Are you sure about this? Paul and Bush, other than their faith (which for the latter seems as contrived as astroturf), are quite dissimilar. I'm no Paulist, but I've heard this exact comment repeated elsewhere, and it holds no water. Take for example their stances on war, the government itself and it's role in our lives, or social issues like drugs and the prison industry. That's what matters, not some fear about an all encompassing corporate control Paul will bring. We seem to have that already.

Democrats have this irrational fear of a libertarian pro-lifer menace who'll unravel Roe vs. Wade, or dismantle welfare. It wouldn't happen since a politician doesn't operate in a vacuum. As much as I can't get behind Paul's views on immigration, or abortion, he's hardly a threat compared to Bush and the neo cons. And the democrats don't seem to mind, at least to me. It's silly to say he'd be worse.

I agree that some Democrats and liberals have irrational fears of libertarians. The truth is that Ron Paul is miles away from George W. Bush ideologically. Ron Paul is one of the most anti-war members of Congress, while George W. Bush launched an aggressive war based on lies. Ron Paul is for cutting back spending drastically, while Bush is the biggest spending president since LBJ. Ron Paul is against the criminalization of consensual activity such as drug use. Bush is behind the War on Drugs 100%. Ron Paul is against corporate welfare, while Bush is a corporatist. A Paul administration would not lead to corporate tyranny. Those who think it would are confused about the difference between corporatism and the free-market. President Bush, contrary to the belief of most liberals, has not been an extreme free-market  president. What Bush really is is a corporatist (soft fascist).

And to those who say Ron Paul is worse than Bush or wrong on almost everything, why don't you even bother to explain why you believe he is so bad?

I never said that I thought Paul and Bush were simular, I simply said that I would prefer Bush over Paul.
I see the liberatarian mindset as a selfish abandonment of society, basically social darwinism at its worst. America's strength comes from our ability to work together and give those who are struggling a chance to succeed. If you somehow get that mindset with the American people it could lead to disastrous effects. Also conservatives don't want to destroy government, they want to change what it does, and yes it is much easier to change a mission for a certain agency then it is to reestablish one that has been taken out.

Ron Paul is not an advocate for social darwinism. I don't think a social darwinist would have worked in charity hospitals and offered poor patients free or reduced price medical care, as Ron Paul did. There are social darwinist libertarians and libertarians who believe selfishness is a virtue. However, libertarianism does not mean that people should not work together. It only means that all human interaction should be based on voluntary cooperation and be free from coercion. Private charity is the preferred method of libertarians for helping the less fortunate.

[Rules for me, but not for thee]

Just about anyone who knows anything about economics is AGAINST this bailout, and Ron Paul has been warning us about this for DECADES.  Ever since Bretton Woods (the last of the gold standard) ended and Bretton Woods II was inacted (basing the world's economies on the US petro-dollar), RP has been warning of imposing disaster. 

Simply put, at best, this just drags out the inevitable a little longer.  At worst, this is the straw that breaks the camel's back and all trust is lost in the government and the financial system leading us to a Greater Depression.  Gold has to be returned to the dollar's value and the collective belts tightened.  This must balance out and we need a huge deflationary swing and people will save (hoard) money.  This is fine.  The economy needs to heal, a $700bil or $1tril bailout is just widening the cut.  Which would lead into (national) socialism. 

But, at least the socialists here should be screaming hooray because we're just a step away from becoming the USSA.  Just wait until you wait in bread lines for health care, or lines for anything and people start fighting each other over a loaf of bread.   It's not going to be like Canada or Italy or France, it's going to be a mess.  Greed is going to drive the barons at the top to make all the money as there will be a few central banks (you can already see one they've chosen - JPMorgan Chase) owning everything in the country.   Sounds a lot like the way the USSR ran things to me.  A few rich fat cats at top, everyone else beneath them in "socialism". 

If this bill passes, I'm going to make serious plans to leave this country.  There will be no return, not for a while.  Right now, I'm buying gold whenever I can.  And I'll check this place out every so often if it's still here and see if socialism is going just the way you hoped.

[Хahar 🤔]

You think the socialists here admire the Soviet system? That was government at its worst: a huge, self-aggrandizing monster that only existed to enrich itself.

And yes, if we do in fact head down that lane, there'll be hell to pay.

[Rules for me, but not for thee]

Well, not all of you, but some of you *cough*BTRD*cough*.  Yeah, I'm just pissed that my country is going into the crapper because we can't do the right thing to get us out of this mess.