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Fred Thompson On Government Intervention

By: Curtis Ophoven

12/20/2008 - 2 Comments

A few months ago, Fred Thompson was running for President with new ideas to reduce government intervention.

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

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Reader Comments

Comment 1
Anderson110 Says: on Wednesday, February 25, 2009 10:53:53 PM

Are there any governments that may surprise us and get it right in 2009 in terms of intervention?

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