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In United States
Registered Nov 11, 2009

thomasdt12's most recent comments:

• On 10 Aug 2012 in Ron Paul explains why the Banking Committee didn't see the bubble, thomasdt12 said:

  "Do you see Ron Paul agitating for breaking up TBTF or enacting Glass Steagall 2.0? I don't."

  So your saying Paul voted for the repeal of Glass-Steagall?

• On 9 Aug 2012 in Ron Paul explains why the Banking Committee didn't see the bubble, thomasdt12 said:

  Of course many of the Austrians called it, here is just a quick sample :

  2006 - Nov 2006 Peter Schiff Mortgage Bankers Speech
  

  2002- 2009 Peter Schiff
  August 2005 "Housing Market is a Weak Foundation...it will not last much longer",
  2006 "Recession will be very bad...American Consumer will stop consuming...it will last for years"
  etc. etc.
  

  Ron Paul Predictions 2002, so many are spot on:
  

  Ron Paul, 2001 - "Rapidly Expanding Real Estate bubble, which will eventually collapse"
  

• On 26 Jul 2012 in House overwhelmingly approves Ron Paul bill to audit the Fed, thomasdt12 said:

  "What Ron Paul wants to do, is to open up the Fed's closed-door deliberations for review. Currently, monetary policy decisions are made in secret. Minutes are only released with a three-week lag, and full transcripts are published five years after the fact.

  Paul also wants the public to have access to records showing the Fed's transactions with its member banks, as well as foreign central banks and governments. Current law protects the Fed from releasing that information."