Market-suffocating policies

Market-suffocating policies will put the country in Great Depression.

What the government gives with one hand

What the government gives with one hand, through increase spending,
it take away with the other, through increase taxation.

Cheap and easy money

Cheap and easy money fueled by the FED generated speculation which involves buying for resale rather than use in the case of commodities, and for resale rather than income in the case of financial assets.

Fed gets itself and the economy in trouble

In 2003 the Fed cut the fed funds rate to 1% and kept it there for a full year through June 2004.

Growth in the third quarter of 2003 was 7.5%, yet the Fed kept its foot on the monetary accelerator for many more months.

Fed's main obligation is price stability.

Fed gets itself and the economy in trouble when it attempts to use monetary policy to manage growth.

When markets are free

When markets are free, asset values are supposed to go up and down, and competition opens up opportunities for profits and losses.

Good decisions should be rewarded and bad decisions should be punished. The market does just that with its profits and losses.

Destroying confidance

The government doesn't create anything; it just redistributes.

Destroying confidance is what the government do best

Whenever the government bails someone out of trouble

Whenever the government bails someone out of trouble, they always put someone into trouble, plus of course a toll for the troll.

Every $100 billion in bailout requires at least $130 billion in taxes, where the $30 billion extra is the cost of getting government involved.