Comments on: We Are All Ron Paulians Now, John McCain

By: thgolding

thgolding — Mon, 06 Oct 2008 18:59:59 +0000

As a Ron Paul supporter, I have a few questions. Since Ron Paul supports sound currency I suppose he would favor sound derivatives and especially sound credit default swaps if this is possible. There are now 10 times more derivatives outstanding than the total currency on this planet. They are backed up by nothing. If we fix this by letting the market take its course, business will come to a complete standstill before rebounding. The questions are:
What do we do with the outstanding derivatives?
Should there be any rules regarding derivatives?
Should they be illegal?
What is Ron Paul’s opinion?

By: Monday October 6 2008 « Soapbox Spectacle’s Weblog

Monday October 6 2008 « Soapbox Spectacle’s Weblog — Mon, 06 Oct 2008 16:42:48 +0000

[...] We Are All Ron Paulians [...]

By: spinnikerca

spinnikerca — Mon, 06 Oct 2008 09:22:43 +0000

I like it, as a dream.

Of course, only if Ron Paul wouldn’t have to give up his House seat.

Because the first time Ron Paul said ‘no I won’t approve a bailout from my new powers, nor print money out of thin air — you just have to go on a budget’ whomever the President is will be asking for his resignation.

Still, it may buy us a hundred billion or so before that happens.