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Ron Paul is great for dissecting issues and finding blame. What he is extremely poor at is presenting a solution.

Leave it to you and your "pea-brain" to think that the flood of money out of deposit accounts at banks and into Treasuries is a GOOD thing for the economy. Perhaps you should have spent more time studying for your Econ. 1 class than how to "Photoshop" your fake ES position onto a thread on ET.

He's advocating for the FDIC to raise the guarantee from $100,000 to $1,000,000 so as to stop the flow of deposits out of banking institutions into T-Bills and Treasuries. One of the BEST ideas I've heard yet.

With all due respect, you sound like yet another person on ET that failed their basic Econ. 101A class in college. If you think that the commercial paper market is operating in a "healthy" manner, you obviously have no clue.

Global as well as domestic commerce does not occur with the use of cash. Again, your thinking is rather naive.

Given your response, my guess is that you don't even know what the Commercial Paper market is. You obviously have ZERO understanding of how the banking system facilitates economic growth. Time for an Econ. 1 class, my friend.

But unfortunately, the average guy in the street "Joe-6pack" has absolutely ZERO understanding of how money and capital markets work ( the banking system ). You can also put 98% of Congress in that camp as well. Zero understanding of how the economy and banking system are related...

Jewish Holiday.

The Republicans didn't want John McCain to take the blame on the 6PM news tonight. So much for blowing-off David Letterman to go broker a "deal" on Capital Hill about something that he has virtually no clue about. Thus, the Republicans simply turn around and deflect blame by pointing the...

Regulators rallying around Fortis and trying to prevent another collapse, as reported on Fox News today. Chief executive canned yesterday. Trouble in Amsterdam.

How convenient that you left Republican ( and SEC Chairman ) Christopher Cox out of this mess. They were aware of the leverage being used by Bear and Lehman, and did absolutely NOTHING. They even turned a blind-eyes as Bear used it own "auditors" as opposed to outside auditors. You need to...

Do yourself a favor and educate yourself by reading Randal Forsythe's column "Current Yield" in this week's Barron's. The Fed's balance sheet just topped $1 TRILLION DOLLARS for the first time ever. They are hardly being restrictive, by any measure. In fact, they expanded their balance...

He already looked like a schmuck when he cancelled his scheduled appearance on David Letterman . . . saying that he had to go to Washington, only to be interviewed by Katie Couric and then not fly out to Washington until the next morning. Talk about being a schmuck. You just can't TRUST the...

Last Friday on the 19th, I went down to my local WAMU branch and they were having a "Customer Appreciation Day". They were making people ice cream sundaes and root beer floats . . . You know something is up when they do that for you. I had the root beer. :)

Your attitude is why this stuff is allowed to even get the slightest bit of attention, let alone gain momentum and traction. Just reading the kind of "language" in that absurd proposal should make every single AMERICAN cringe in their bones. You need a reality check, my friend. I sent...

Just sent Bob Pisani, Maria Bartiromo, John Harwood, and Mark Haines an e-mail and link to this proposal as reported by Bloomberg News. Also called Representative Stark and DeFazio's office "blasting" the poor soul who picked up the phone.

That's right. Makes perfect sense to TAX "investors and speculators" who traded stocks, bonds, futures, etc. on EXCHANGES REGULATED BY THE SEC and CFTC! Congratulations. Another moron introduces himself to ET. :(

I'm against anyone in political office that has never taken a basic Econ. 101A class. And unfortunately, that means just about everyone in the House and Senate. :(

DeFazio's contact info: http://www.defazio.house.gov/index.php?option=com_content&task=view&id=127&Itemid=74

This guy is a total douche-bag. Representative Pete Stark from California's 13th District. His name is on this proposal. http://www.house.gov/stark/