First, take 10 minutes and watch this joker:
That's Fred Thompson, former United States Senator from Tennessee and former presidential candidate. No, it's not a Saturday Night Live skit, but it may as well be, for all the good it'll do.
Obviously, he's being coy. He's trying to get you to think about what you've done, voting in Obama and all those other democrats into office. And of course, he felt this way when he was Senator and while running for President. Only he never explained any of this during those stints. There were very few people who would explain this.
People who study economics were saying this all along. But those people were ignored. Now that he and his party have been ignored, Thompson now has a bad case of sour grapes.
So if Thompson couldn't articulate these trends beforehand, why should I be upset now that he can see the truth after the fact? I could show you a timeline of people like Peter Schiff and Murray Rothbard who could predict the overall trends we're seeing.
But we never listened to the Schiffs and the Rothbards. Now we're going to listen to the Thompsons who didn't know what was happening until after it all went sour? Give me a break!
Maybe we should be listening to Madoff. He might have had a better scheme than Social Security has to offer.
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