
04-17-2008, 09:12 AM
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Administrator
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Join Date: Nov 2007
Location: Miami, FL
Posts: 3,224
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Quote:
Originally Posted by rcmtg
Hi David,
Love your tutorials and commentary. He may be referring to the mises.org philosphy of economics, oh but that's Austrian, which you probably are familiar with...they follow your explanation of crisis to a 't'.
I think the solutions and resolutions to this crisis will, on a large part, be behind closed doors unless the will of the people for knowledge, which you are contributing nicely, and the desire of change for transparency, for better regulations, accountability and sensibility in spending and monetary abuses stop, politically and corporately.
The too big to fall attitude sounds like alot of ego, but may be necessary for the good of the whole. I have always been in mortgages and started during the S&L bailout. As this may not be similiar, many of the largest S&L's did the bailing, will the governments do the bailing now?? And just pass on the discounted debt to the taxpayers thru investment vehicles??
Thanks, again, for you videos. Looking forward to learning and spreading the word about your site.
Ruth
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Hi Ruth,
Thanks for the comment and for spreading the word about the site I appreciate it.
Yes I am familiar with the Austrian School of Economics and while I don't know it in depth I do like how it seems to emphasize the free market and individual rights, two things that I am a big proponent of.
Best Regards,
Dave
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