View Full Version : Ron Paul speaks out against second bailout of Greece
sailingaway
06-11-2011, 02:01 PM
http://tinyurl.com/44ww38b
HOLLYWOOD
06-11-2011, 02:54 PM
If you want to read about the detailed information by a Primary Dealer (STCI) that just released their assessment on June 8th.
pdf report: http://www.stcipd.com/UserFiles/File/Greece%20Crisis%20%20What%20are%20the%20Options.pd f
...Jeffrey Frankel of Harvard University says EMU policymakers made three mistakes:
To admit Greece in the first place
To allow interest rate spreads on sovereign bonds issued by Greece (and other periphery
countries) to fall almost to zero during the period 2002-2007
Failure to send Greece to the IMF early in the crisis, before Greek interest rate spreads widened
sharply
jm1776
06-11-2011, 07:03 PM
The Texas Republican concluded his statement by pledging “As President, one of my first acts would be to stop stealing money from working Americans to send to corrupt regimes and the central planners at the IMF and World Bank.”
You just gotta love that man.
Agorism
06-11-2011, 07:05 PM
http://www.youtube.com/watch?v=NOzR3UAyXao
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