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Free Enterprise Did NOT Cause the Market Meltdown



Free Enterprise Did NOT Cause the Market Meltdown
The Great Depression didn't just happen, and it didn't start in 1929. It started with the creation of the Federal Reserve in 1913. Prior to 1913, private bankers regularly pooled their resources to make money available to other banks and lenders who merited support. Bankers knew that bad loans were an unacceptable risk that could cost them all money, so they didn't do it. They were fiscally responsible. No tax dollars were involved or at risk........
http://www.newswithviews.com/DeWeese/tom122.htm
by Tom DeWeese
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How and Why the Federal Government Created the Mortgage Meltdown


How and Why the Federal Government Created the Mortgage Meltdown
We are experiencing one of the worst financial upheavals of the post-WWII era, driven primarily by a vast increase in the number of mortgage defaults. But why did the mortgage market meltdown so badly? Why were there so many defaults when the economy was not particularly weak? And why weren't the securities based upon these mortgages considered anywhere as risky as they actually turned out to be?........
http://www.newswithviews.com/guest_opinion/guest131.htm
by Stan J. Liebowitz
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Gen X Money Meltdown



Baby Boomer Armageddon
Why is there no money? Not because too many people filed for earned benefits. It is because the money in the Social Security Trust Fund was used to finance handouts to the Welfare Generation from 1964 to 1994. In 30 years the Democrats, who used generational welfare to chain minorities to the feeding trough of the State and to the voting booth where they were forced to vote Democratic to keep their welfare checks coming, stole your retirement funds and replaced them with worthless IOUs........
http://www.newswithviews.com/Ryter/jon245.htm
by Jon Christian Ryter
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