Comments on: Peter Schiff Speaks The Language Of Ron Paul On Bailouts With Glenn Beck [Video] http://libertymaven.com/2008/09/16/peter-schiff-speaks-the-language-of-ron-paul-on-bailouts-with-glenn-beck-video/1927/ For Liberty, One Individual At A Time Sat, 21 Nov 2009 12:04:46 -0500 http://wordpress.org/?v=2.8.6 hourly 1 By: Marc Gallagher http://libertymaven.com/2008/09/16/peter-schiff-speaks-the-language-of-ron-paul-on-bailouts-with-glenn-beck-video/1927/comment-page-1/#comment-1159 Marc Gallagher Thu, 18 Sep 2008 04:28:58 +0000 http://www.libertymaven.com/?p=1927#comment-1159 Vern, Great comment and so true... that's exactly why ML agreed to the purchase by Bank of America. -Marc Vern,

Great comment and so true… that’s exactly why ML agreed to the purchase by Bank of America.

-Marc

]]> By: mckinleyforcongress http://libertymaven.com/2008/09/16/peter-schiff-speaks-the-language-of-ron-paul-on-bailouts-with-glenn-beck-video/1927/comment-page-1/#comment-1146 mckinleyforcongress Wed, 17 Sep 2008 11:20:54 +0000 http://www.libertymaven.com/?p=1927#comment-1146 Schiff is describing classic "rent seeking" behavior. If the government signals through its actions that the bigger and more complex that financial institutions are, the more likely they will get a bailout, the first thing they will do once they have problems in order to save themselves is to get bigger and more complex. Schiff is describing classic “rent seeking” behavior. If the government signals through its actions that the bigger and more complex that financial institutions are, the more likely they will get a bailout, the first thing they will do once they have problems in order to save themselves is to get bigger and more complex.

]]>