Tuesday, April 1, 2008

Manias

An interesting article regarding the FED and its hopes to grow even stronger can be found here.


I'll leave it to better authors to explain this, who are more knowledgable, but suffice it to say the FED's interference in the economy is the reason for the housing bubble...and the tech bubble...and all other bubbles since the early 20th century. More regulation and central planning may sound good, but the effects will be disastrous.

Don't vote for congressmen or senators who will give the FED more power. The presidential candidates are essentially the same in this regard, so don't go looking for respite from any of them. Get in touch with a local Ron Paul Meetup group and support pro-life, free-market men and women to local offices. Ignore the presidential hoopla, unless it is viewed for sheer entertainment.

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