The Folly of the Federal Reserve | THE PLAIN TRUTH by Judge Napolitano 10/20/11

[mpsmike]

@amerilbmov boom & bust is a natural part of a free market system. If the Fed is so efficient it is interesting that it allowed America to become insolvent. Do you know that US citizens pay hundreds of billions of dollars to pay the interest on printed money, that goes out of the country to the private bank owners of the Fed? The American constitution allows the govt to control the money supply without having to charge interest to the American people. The Fed Americas enemy as is also the corru

[amerlibmov]

The Fed didn't have anything to do with the collapse of 2008. That was caused by the Clinton admin's HUD secretary Andrew Cuomo threatening banks with law suits and criminal penalites if they didn't meet quotas for subprime loans. These bad loans ended up on Wall Street, eventually collapsing the DOW and AIG and the economy followed. The U.S. remains stuck in recession because Obama's stimulus package failed to restore UE and revenues. The Fed didn't have anything to do with the collapse.

[VINNYMOR]

@amerlibmov Where do you come up with this? "Without the Fed, there is too much boom to bust". Dude, you should stick to regaling your friends at frat parties with your beer pong skills. Discussing economics requires reading and thinking. What you have said is absurd even to the most pedestrian mind.You are stating is that by subsidizing demand with an increased money supply, people will by less of things that bring enjoyment.

[amerlibmov]

Without a Fed there is too much boom to bust and recessions last too long with too much family dislocation.  Napolitano is incorrectly attribuitng economic problems caused by the congress (deficit spending) to the Fed. He's opening a can of worms that would set the country back to the 19th century.

[LazyOtaku]

I'll never have 45k in my lifetime, unless the banks loan it to me..

[Vigilance4Life]

Ron Paul pointed out in another interview that you don't even have to end the Fed to solve the money problem. All that is needed is the allowance of competitive currencies. Take for example the Liberty Dollar. It had real value and the people liked it but unfortunately the governtment convicted the creator of the Liberty Dollar of terrorism by claiming that he was trying to undermine the national currency! This country is so badly in need of Ron Paul for President! Respect the Constitution!

[vic3003]

Anyone who still supports the New World Order is brain dead or a paid agent.

[anteracmacash]

you rednecks need to take a look at other countries to learn a thing or two about politics, governments and history cause obviously you don't learn jack shit from your own history...otherwise you wouldn't have such idiots on tv asking the most stupid fundamental questions about society

[johannas58]

This show needs to be on FNC, not FBN!

[1776Rosco]

Ron Paul/Andrew Napolitano 2012 or BU$T !!

[MrWoundweaver]

@1776Rosco LOLZ, and bust it will be if he doesnt win

[rmccay88]

I read the other day on Mediaite that the Judge's show is in danger from being pulled because of low ratings :( His show needs to be on FNC, not FBN.

[snowbal1776]

thanks Judge!

[jcwhite1288]

WOW Im on youtube all day, and this is the only video that doesnt work? about how f'ed up the FED is? come one youtube, stop playing this game

[SelfGoverned]

@jcwhite1288 ODD... I just listened to most of the video again... and aside from a couple+ of audio (perhaps "parsing?") "blips" lasting less than a second... I had no issues using the current version of the Firefox browser, at least?! WST

AND THIS SEGMENT... IS A MUST VIEW !!!

[zaxineohp]

I got it to play on a new page. Try clicking on JudgeNapolitanoFTW in the upper left. The video still has some audio hiccups.

[markfrommaine]

For me it only goes to 25 seconds. Darn and I wanted to see that too. :(  Gotta say I agree on the impeach Obama thing.

[markfrommaine]

For me it only goes to 25 seconds. Darn and I wanted to see that too. :(

[possumpistol]

"There are two ways to conquer a Nation. One is by the Sword. The other is by debt". John Adams, 2nd Pres USA. We are under siege. There is a war for our country from within. Ron Paul can lead us out of this mess. "We the people are the rightful masters of both Congress and the courts, not to overthrow the Constitution but to overthrow the men who pervert the Constitution". Abraham Lincoln

RON PAUL 2012 RESTORE AMERICA NOW--OR EMBRACE SLAVERY

[danz177]

This man needs to be Ron Paul's Vice President!!!

[danz177]

The people should do to the bankers what was rightfully done to Gaddafi!!

[TheTime4solutions]

THe immoral creation of a so called National Debt is bad enough but it is a parasite that humanity could but should not endure but the USURY or the compounding of this false national debt is the intollerable immorality that creates a prison planet of debt slaves doing constant immoral acts of submission to extortionists liars theives and mass murders. Disengagement being their primary tool a critical mass of individuals lead a leaderless non violent revolution the rest of humanity followed.

[SelfGoverned]

@TheTime4solutions An excellent point :-) WST

[cuneeda1950]

Was that on TV?

[jazun33]

Impeach Obama... Ron Paul 2011!

[ustfu]

Impeach Obama.

End the Fed.

End the IRS.

Ron Paul 2012.

[realjoeplummer]

For those who still don't understand how our predatory banking system operates (how it drives prices up, creates booms and busts, transfers power from the productive class to the parasitic class, creates inescapable debt, etc.) there is a short / free book available online. (Google "Meet The System")

[gman21xx]

Way to go Judge Napolitano!

[SelfGoverned]

SUPERB! BRAVO!! VERY WELL DONE, as PAR !!! :-)

And TO HELL with CENTRAL BANKING and FRACTIONAL RESERVE LENDING... CORPORATISM... BIG GOVERNMENT... AND WAR... WST

[TheTime4solutions]

@SelfGoverned please add USURY to your list for it is the ultimate criminal debt slave tool used for thousands of years to enslave humans into evil power structures. USURY is the ultimate evil in humanity. Usury as in a COMPOUNDING false national debt.

[SelfGoverned]

@ the Judge:

"A government regulated and centrally planned economy has never produced personal prosperity or enhanced human freedom at any time in history! So why do we have on in America? Tonight: The Folly of the Federal Reserve..."

TRUE and CONTRAIRE, eh? About all centrally "mismanaged" governments ultimately do... is CRIMINAL MISCHIEF! And "ENDING THE FED" (and War Machine, etc...) is the FIRST STEP... towards REGAINING personal and economic FREEDOM... vs. the ANTITHESIS, thereof! WST

[TheTime4solutions]

@SelfGoverned i am a firm believer that top down things usually are bad and bottom up things usually are good. Shit flows down hill.

[SelfGoverned]

@TheTime4solutions At 2%+ ... as the Civil Engineers, say :-) WST

[PapaLuvTLC]

EndTheFuckingFed...

=

V >

[MrZocam]

END THE FED NOW!!!