Tuesday, September 16, 2008

Financial Crisis: Who predicted it?

Have you been watching TV lately? All the “bubble headed bleach blondes” and “yellow journalist Joe’s” racing around to see which one can get the next Republican or Democrat ignoramus to talk about our financial crisis. But there’s one very important person they keep forgetting to interview….not accidentally I’m sure. Only ONE economic expert, who has, for 18 months now, like Paul Revere riding in the night, warned of our impending financial crisis. He predicted the mortgage crisis. and he predicted the Fannie Mae and Freddie Mac bailouts.

Yet the only people the major news tabloids want to talk to are the very congressmen who are responsible for our failing financial policies or the presidential candidates who have no solution or even a sane recognition of a problem. It is rather disgusting. The media wants to continue to shun the man who knew of this coming problem and who is also the only man with the solution. How can the media have forgotten this man who brought this issue up at the dozen or so Republican Presidential debates during the primaries? Big media must have Alzheimer’s.

Who is this prophetic genius you ask? Why, it’s none other than Congressman Dr. Ron Paul. Wake Up America!



Tim Joiner said...

Actually, Bush in 2003 sounded the alarm about Fannie Mae and Freddie Mac, saying they were on shaky ground, and proposed tighter regulation. Barney Frank said Bush was nuts and that Fannie Mae and Freddie Mac were in great shape. The dems voted down the proposal.

Freedom_Maverick said...

Your absolutely right Tim. However, I don't believe my article says Paul was the only one. Maybe it does, I don't know. But anyway, the Bush Administration did do this in 2003 and also, McCain co-sponsored legislation in 2005 that would have fixed the Fannie/Freddie mess.