Ron Paul on the Wall Street Bailout

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econmics, financial, Political, ron paul, wall street bailout

The Creation of the Second Great Depression by Ron Paul via kwout

And also:

Ron Paul Against the Bailout via kwout

Personally, I think those responsible for this massive fraud – that’s what it is – should be arrested, not bailed out.

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Feds Seize Fannie, Freddie …

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ecomomics, federal reserve, financial

Government seizes control of GSEs – Yahoo! News via kwout

If socialism worked, the Iron Curtain would have been torn down from the other side. The welfare-warfare-police state expands itself yet again. What happened to free enterprise? I want my country back.

Oh, and I plan on buying some more gold tomorrow. What do you think happens to the value of the dollar when the criminals at the Federal Reserve create a few billion more of them out of nothing? You did know the value of the dollar is down over 95% since the creation of the Federal Reserve system in 1913, right?

Update 9/9/2008:

Washington’s Kleptocratic State: ‘More Communist Than China’ by William Norman Grigg via kwout

More on the Credit/Banking Crisis

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econonics, financial, redit crisis

Unlikely it’s different this time via kwout

John Hussman on Why the Credit Crisis is So Bad.

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credit crisis, ecoomics, financial

Hussman Funds – Weekly Market Comment: How the War, Tax Cuts and the Swaps Market Debased the U.S. Financial System – July 21, 2008 via kwout

This is a long article and not an easy read, but well worth the effort. BTW I have a substantial portion of my IRA invested in the Hussman Funds.

Discover, iBank Woes and a Fix

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Discover card, ibank, OSX financial software

If you’re using iBank financial software and have a Discover card which was assigned a new card number, you may no longer be able to download transactions. This happened to me. Here is the fix:

• Select the Discover account
• On the top menu, click “Account”
• Select “Disable Account Access”
• On the top menu, click “Account”
• Select “Setup Account Access”
• Enter your Discover user id and password
• Click Download Transactions
• If all is well, your transactions will download to iBank

I had a bizzare transaction download called “Transfer of Balance”. To get my accout right, I entered a transaction for this amount with the sign reversed and my iBank Discover account is now correct.

Discover, this was a pain in the a**. You did not post iBank instructions, only Quicken and MS Money. I was able to figure out what to do after reading those. Discover, not everyone is stuck with a Windows pc. Don’t “diss” your Mac customers.X