Since then, the global financial crisis has lead to the largest expansion of government intervention is the history of our nation. And the new President-Elect Obama is planning for even more economic intervention.
Fred Thomson may not be as harsh at Ron Paul, but he is a fiscal conservative with ideas that line up very close to Ronald Reagan.
Here is a video of Fred’s view of the direction of the economy and the future of America.
If Fred is right about this (and I believe he is), then we are going to see a major wave of inflation coming right behind the governments stimulus plans that have so far done next to nothing to stop the economic meltdown.
I think we would be much better off facing the recession - head on.
This week I participated in one blog carnivals
They did an excellent job and as usual, there are tons of great articles. If you have the time, I highly suggest you skim through this week’s carnivals.
89th Carnival of Money Stories