This is a great snippet on MSNBC interview with Ron Paul, where he discusses how we got the Fannie and Freddie mess, and why he understood it before the bubble burst...His answer: Understanding problem with Keynesian economics vs. how Austrian economics actually works.
(You have to get past the first 1 1/2 minutes where he's talking about the recent Pelosi/CIA issues.)
Saturday, May 16, 2009
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