General Stock Ideas

[gfp927z]

Bigworld, I was also a big believer in the Libertarian/Austrian School approach until hearing Webster Tarpley's viewpoint several years ago. You obviously don't get out of a Depression by funneling trillions into insolvent zombie banks to prop up their criminal derivatives schemes (the current strategy in the US under both mainstream Republicans and Democrats). But you also don't get out of a Depression by doing nothing, as the Austrian School of Von Mises/Von Hayek would recommend. The way out is to force the Fed to issue debt-free money/zero percent credit for productive purposes only. You nationalize the Federal Reserve, delete the derivatives, and fund infrastructure and re-industrialization of the US with Constitutional debt-free money.

If you take the time to understand Tarpley's viewpoint, it's difficult not to favor the traditional "American System' he outlines, and this traditional system is not the Austrian School (Von Mises/Von Hayek), or Chicago School (Rockefeller/Milton Friedman), or the British Keynesian School -



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