Show me the Money II

Our "conservative" government has decided, in its infinite wisdom, that The Federal Government will honour the warranties for newly purchased GM and Chrysler vehicles.

Again, I have to ask, where will this money come from? Why should the taxpayers of Canada pay for the warranties of GM and Chrysler cars?

One does not need to be a libertarian to see the incredible folly of this. Why not Volkswagon or Toyota?

Does Tony Clement not understand the concept of 'moral hazard'? No, I bet he doesn't...

This is nothing more than economic fascism. It will further wreck our economy, not help it.

No. No. No.

How many of us need to say no before this government will listen? When will this nonsense stop?

Does anyone still wonder why I am a no-state, market anarchist libertarian?

It isn't close to over yet

Stock up on food, buy ammo and gold.

Peter Schiff, author and economist, lays it out pretty plainly on Bloomberg today:


Part 1


Part 2

Now, what do you think our government's are going to do after that big meeting on November 10?

(h/t to LewRockwell.com)

Update:

For those who doubt Schiff's acumen, he predicted the current crash over 2 years ago: