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Is there a cancer in the Ohio Republican Party?
by DrakeJgvajizmin@hotmail.com on Nov 4, 2011
Eric LaMont Gregory, delivered a major speech on the economy before the Morrow County Tea Party on Monday the 20th of June at the Mount Gilead Public Library.Gregory a Republican candidate for the US Senate outlined the policies that got us into debt and how we work our way out of debt. Congress he argues has the Constitutional responsibility to control the economy of United States, but has not lived up to its constitutional mandates. Trading in Interest Rate Derivatives beginning with the LTCM hedge fund crisis of 1998 set a dangerous precedent by bailing out creditors while letting shareholders be wiped out. Each successive boom-bubble-bust cycle has been bigger and more costly to the taxpayer. The recession, Gregory argues, is being prolonged by the continuation of interest rate derivatives trading, and its two sisters thedollar carry trade, and credit default swaps. If you understand one of these market games you understand the other two. Leveraging based on the assumption...Read More >>
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Is there a cancer in the Ohio Republican Party?
Is there a cancer in the Ohio Republican Party?
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