Ron Paul in 2001, Calling the Housing Bubble
Pretty much nailed it …
Compare to Krugman’s view at the time.
Pretty much nailed it …
Compare to Krugman’s view at the time.
Skip to 5m for the relevant clip.
This clip is from the Occupy Oakland protests. Tear gas, as experienced “POV”, doesn’t look so mild as it sometimes appears on TV.
And despite claims to the contrary, this clip makes it clear that Oakland police are using “flashbangs” or “stun grenades”.
This is pre-austerity. Pre-budget cuts. Things will get a lot worse when food stamps (which 1/6 Americans receive today) get cut. And social security, and medicare, and pensions. Haircuts all around. And, most likely, quite a few riots.