Ron Paul opening statement to Bernanke at FSC - 2-27-2008
August 25, 2009 - 11:17 am
Most news networks cut away when Paul came on to make this opening statement and house.gov failed to archive it.
Ron Paul opening statement to Bernanke at FSC 2-27-2008
Duration : 0:2:57
[youtube 7EQ1sg6GhZE]
August 25th, 2009 at 11:17 am
Why does it say Mr. …
Why does it say Mr. Paul!!! He earned the right to be called Dr. It should say, “Dr. Ron Earnest Paul the only honest person in the room”
August 25th, 2009 at 11:17 am
Nice work. keep it …
Nice work. keep it up. mean time come for social media marketing for esteembpo**com
August 25th, 2009 at 11:17 am
Ignorant answer …
Ignorant answer thats all I can say read what you wrote! “There’s no point in having beliefs that never get implemented.”Its like telling people If your thoughts aren’t what mainstream money and power want then don’t have him. For some people as well we don’t need Our legislators making new laws every second day. Encroach our freedom more Pauls ideas are not really his either so to say they all gain traction on youtube is a fallacy. Pauls views stem almost entirely from the Austrian economics
August 25th, 2009 at 11:17 am
There’s no point in …
There’s no point in having beliefs that never get implemented. The only place Paul’s ideas gain any traction is with the crazy people on youtube.
August 25th, 2009 at 11:17 am
Ya but unfortunatly …
Ya but unfortunatly some people stick to what they believe and dont bend when power comes walking down.
August 25th, 2009 at 11:17 am
fuck yes! go RON …
yes! go RON PAUL!
August 25th, 2009 at 11:17 am
This guy’s got some …
This guy’s got some good ideas and an equal number of bat crazy ideas. None of his legislation ever even gets out of committee because he’s never willing to compromise on anything. He’s such a hardcore ideologue, it makes him the most ineffective legislator in congress.
August 25th, 2009 at 11:17 am
List me one fiat …
List me one fiat currency that stood the test of time.
I can show you many civilizations that deteriorated due to the debasement of their currency, starting with Roman denarius losing its silver content.
Don’t trust Keynes or Bernanke just because your economics teacher taught you it. The Austrian school rules history and we are reaping the fruits of ignoring this.
August 25th, 2009 at 11:17 am
But one of the …
But one of the Fed’s main ‘manipulation’ tools is to lower or raise interest rates to banks—they can only afford to offer ‘easy money’ to banks because they can print dollars without gold, silver or commodity backing. Totally immoral and destructive.
August 25th, 2009 at 11:17 am
The problem isn’t …
The problem isn’t so much not being on a gold or silver standard, but that the FED manipulates the economy TOO much…
August 25th, 2009 at 11:17 am
Why does the …
Why does the government silence this guy? hhhmmm…Maybe its because they dont want him to fix America! Jesus ing Christ!
August 25th, 2009 at 11:17 am
The bailout is …
The bailout is trying to inject capital into the banks to prevent them from becoming insolvent. A few percent equity can prevent the whole institution from collapsing.
But you are right. I don’t think the fed’s interest rate cuts are going to do much now.
August 25th, 2009 at 11:17 am
The problem is the …
The problem is the only tools at the Fed’s disposal are printing more money out of thin air and lowering interest rates—which just adds fuel to the fire. The US is done for my friend unless integrity is created and this is not likely because of greed, pride and the elite desire for secrecy and control.
August 25th, 2009 at 11:17 am
Our government did …
Our government did make many mistakes that created this crisis. Destroying the world’s economy is not the answer.
My site’s comment board asks many hard hitting questions about Ron Paul’s *never blame the free market* mantra.
August 25th, 2009 at 11:17 am
We need real money …
We need real money (backed by gold, silver or commodities) and the Fed not setting interest rates. I believe the Fed should stay but become much more transparent in their activities. Printing money out of thin air or lowering interest rates (below market levels) turns our dollar into monopoly money and screws the poor most. THE FED NEEDS INTEGRITY NOT SECRETIVE PRIVATE BANKERS MAKING DEALS IN BACKROOMS.
August 25th, 2009 at 11:17 am
Lyndehouse, a …
Lyndehouse, a financial collapse would cause a catastrophic contraction in our money supply that would go far beyond anything we are seeing now.
My site’s video from Milton Friedman describes how.
August 25th, 2009 at 11:17 am
Actually what we …
Actually what we are doing now is insane. These bailouts and stimulus checks will be the base for a decade long depression and will lead to the dissolution of the United States.
August 25th, 2009 at 11:17 am
ugh! im so …
ugh! im so right now! lol
HEY! U ! MSG me on M.S.N. T3
August 25th, 2009 at 11:17 am
*It NEEDS to …
*It NEEDS to collapse*
That is insane.
You don’t need to destroy your economy in order to reduce inflation, interest rates, or debt.
We were able to reduce the federal debt from 108% GDP in 1946 to 24% GDP in 1974, inflation from 13% in 1980 to 2% in 1986 without a collapse.
We even changed monetary systems twice.
August 25th, 2009 at 11:17 am
You wont find any …
You wont find any friends here while you pump that BS. It NEEDS to collapse before we can rebuild it. Fueling a false economy is what is insane and this man is the only one to step up with some real solutions. What positive advise have you offered the people of this country in the past year. Exactly, so screw you and your insane views!
August 25th, 2009 at 11:17 am
The private sector …
The private sector still produces an M3 equation, because nobody believed Bernanke and his handlers when they dropped the M3. They believe that the M2 is a more relevant number for tracking our economy. Bernanke and Greenspan have made every effort to destroy our economy, trying to pave the way for the NAU and the Amero. These guys either suck at their job, or they are very good at it, we will know by next year who they are working for!
August 25th, 2009 at 11:17 am
horny? hehe me 2 . …
? hehe me 2 . hit me up on msg messeger if ur reading this!! My ID is jane22belle
August 25th, 2009 at 11:17 am
Ron Paul says we …
Ron Paul says we should allow our financial system to collapse because it is *allowing the market adjust.* That is insane.
He is more lethal than Herbert Hoover. Please visit my channel for more details.
August 25th, 2009 at 11:17 am
flouride. codex …
flouride. codex alimentarius. connect the dots.
August 25th, 2009 at 11:17 am
$14.6 trillions. …
$14.6 trillions. where the did he get the M3 number? the fed had stopped publishing the number since 2006 because if the public finds out it will be bad for the U.S.