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Economic Issues

Cavuto interviews Ron Paul

A polite Neal Cavuto interviews Ron Paul.

Oil Watch

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The Internet Tax ... Again

Hands off the internet has long been a Ron Paul position. This morning I received an email from Dick Armey's Freedomworks organization warning that the email tax proposals are alive and well.

Note Ron Paul IS a sponsor of House Resolution HR 743 mentioned below. HR743 would amend 47 U.S.C. 151 by elimating the existing sunset provision as follows.

The Problem is the FED - the Solution is Ron Paul

So says Mish...
 The "Original Sin" in this case goes way back, all the way to 1913 when
Congress created the Fed. With that in mind, it should be perfectly
clear what the problem and the solution is.

 Read Full Story

Ron Paul on Bloomberg TV Today

I am told Ron Paul will be appearing on Bloomberg TV's "Money and Politics".
The program is scheduled for 5:00 PM Eastern Time HERE.
Given recent events in the credit markets, I suspect Dr. Paul's comments will be quite timely. In case you missed it, this weeks Texas Straight Talk column entitled "High Risk Credit" addressed the recent "credit crunch".

The Fed tries to prop up the markets

Bloomberg reports:

"Treasuries posted their first weekly decline since early July after the Federal Reserve added $62 billion to the banking system to help avert a crisis of confidence in global credit markets."

They'll probably continue to pump in liquidity,'' said Thomas Girard who helps manage $110 billion in fixed income with New York Life Asset Management in New York.

"The Fed's $38 billion in temporary funds yesterday [Friday] was the most since September 2001. "

The market & Jim Cramer meltdown - from iTulip

For those who share Ron Paul's Austrian economic view of the markets, the current credit crunch, housing bust and market volatility are no surprise. Here the folks at iTulip (who called the 2000 dot com bust) narrate yesterday's meltdown moment of perma bull and host of Mad Money, Jim Cramer.

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