Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt. Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.
7 comments:
Hey all,
Check out this montage video that I made regarding the economic/financial/political landscape. It references Peter Schiff, Jim Walker, David Walker, and Ron Paul. And it's even better if you're also a Metallica fan. Thanks!
http://www.youtube.com/watch?v=ZmN4lbTGw1g
I have actually searched the bill and I can't find the part where credit card transactions must be reported to the IRS. I did find the part where mortgage originators must have fingerprints on file with the FBI for background checks in order to be licensed.
Excellent Video Tim. I'll post it up.
Randy
I can't find the part where credit card transactions must be reported to the IRS either. That would be crazy. Imagine how big a computer system the IRS need and do they even have the money to install it?
Chuckel
Its a bailout nation.
Great statement of the times.
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