Ron Paul "The Fed Can Create Money Out Of Thin Air! Just Last Week They Created 50 Billion Dollars!"

[NewWorldOrderElite]

In soviet russia you rob bank, in capitalist america bank robs you!

[vortexy1]

Now i see why Ron Paul is a Republican, a real capitalist, Reaaly, even the poor would appreciate pure capitalism

[alexfirestone]

Give me Ron Paul or give me death!

[TruthfulThinking]

TruthfulThinking . com George Carlin and Ron Paul are my favs!

[rbonilla18]

they let them talk wow thats huge in FXNEws

[jim15ratm]

Everyone should watch Outfoxed: Rupert Murdochs war on journalism. It's an interesting documentary about Fox.

[jim15ratm]

Wow the Fox people are letting him answer their questions.

[lowellriggsiam]

jim, they have frequently been sympathetic to him, unlike others they disagree with.

[jim15ratm]

The Fox "reporters" or commentators, whatever they are, are known for cutting off guests and speaking over them. It's extremely annoying, and only in recent years have they changed their format. Probably because they've gotten so much shit about being biased when they say they're fair and balanced.

[lowellriggsiam]

jim, I have seen them do that, but then again I have seen Ed Schultz do that. Whereas I agree that FOX commentators do more "bullying" than anybody else, they have tended to at least be sympathetic to Ron Paul.

[sickmint79]

unless you are talking about during the primaries, here he was constantly ridiculed by them...

[MonteCristoRecords]

This time they were right on! And don't forget, tax payers are paying $400/gallon for gasoline in Afghanistan and $700,000/Goldman Sachs Employee in the States thanks to "free" money and heavy borrowing on top of our heavy taxation. At night they must be laughing their guts out at how stupid we are.

James

[servantofhumankind]

@MonteCristoRecords I believe you. It's Crazy, I still remember Bush saying how the oil in Iraq would take care of the Bill there, I wonder if people here will ever do anything about the Crazy Crooked policies?

[Bishop153]

I like Fox & Friends in the morning. They're so stupid they make me feel like a genius.

[ParaBlood]

End the Fed. End Communism. End Socialism in America. Let Freedom Reign. Let the free market reign. Kick the freeloading bums from our Borders and secure our borders. This is the land of the free not the land of free handouts. Obummer supporters I'm talking to you. :)

[RosstaPharian]

I love how Fox only has Ron Paul on at 6:15 in the morning before the sun's even up, much less half of America.

Either that or Fox Business which no one but high-rolling businessmen watch.

I feel like they just do this b/c they know it's going up on YouTube and Fox wants to maintain credibility with Paul supporters so we keep watching Glenn Beck, the opposition controller.

[cclodfe]

Here is the a chapter two excerpt from "End the Fed" at Mises dot 0rg /story/3687

[yosoydame]

i so gonna get that book!

END THE FED!!!

[cclodfe]

I just finished reading it a few days ago. Most of it I already knew about. However, it was great because Ron Paul made it easy to understand the pitfalls of centralized econ planning and why it fails. This is a great introduction to Austrian Economics and liberal capitalism(which is the only true form of capitalism). I highly suggest everyone read it Rep, Dem, Independent, Anarchist etc. It applies to all. HR1207 has bipartisan support so both parties must find relevance in the bill.

[CivilRadiant]

If you want to know the truth behind all this smoke and mirrors you should watch a documentary called,

"The Power of Nightmares"

Available on Google video or torrent.

[cclodfe]

Oh...Rothbard's "The Case Against the Fed" would be a great read also.

[mikelunz]

know what.. screw this. They tax our paychecks, and then tax everything we buy and everything we sell. From here on out.. they can only tax one thing of mine. I do not give them more then one option, I suggest you do the same. Either they tax my paycheck, or they tax what I purchase, or tax what I sell. I am only granting them this much. You cannot tax people, on money, you have already taxed them on!

[Pandea123]

I never understood why the Americans rejected their savior Ron Paul so persistently and so long. Instead, they are adamant to elect the worst possible man for the job.

America needs someone from outside the system badly. Obamessiah is a false prophet and he is the anti-Christ.

[EdMan2012]

wouldn't it be great that the single most important issue in the recent history of American economics could be shown more often, and taken with more seriousness?

The FED is at the FULCRUM of our economic problems.

Destroy a country's economy, you destroy it completely.

[greenbean1984]

pause the video at 1.33 - the photo is scary - chairman mao anyone?

[earthborg]

seriously.

[sportsfreak488]

y is this spam MoxNews? seems to me like just a comment. i support Ron Paul for 2012!

[cclodfe]

This problem goes back to the very founding of our country and the bank of england trying hijack our country.

[asphyxiafeeling]

Are banks a requirement of Capitalism? I almost want to say "This problem is Capitalism", but I'm not sure if Capitalism could still function properly without central banks.

[soilworkr]

capitalism can function without central banks as long as there is a gold standard... or at least some standard. right now there is no standard. fiat currency is backed by nothing more than the debt of the people. if there is a gold standard you can trade your paper money for the gold it represents. and it doesnt go from 400$ an oz. to 1000$ an oz. in less than a decade! they just keep adding zeros to our debt. but we need liberty above all else. the fed is the most corrupt bank ever.

[cclodfe]

Capitalism has functioned quite well without centralized banks. A gold/silver standard would prevent banks from becoming greedy. After all, they can't lend money they don't have. Austrian econ talks about functionality of capitalism without a central bank. It would be an even more efficient system that would allow the market to determine interest rates, monetary policy, money supply, credit. No man is capable of running our complex economy and understanding the consequences of their policy.

[cclodfe]

Socialism would not be able to function without a central bank.

[Re3volution]

I believe you, but please explain your logic.

[cclodfe]

I would have to go into some pretty detailed explanations. I would suggest reading some material at mises dot 0rg. Though I only agree with Ron Paul on 80% of issues, I would suggest you read his new book "End the Fed" or read Mises' analysis of socialism. Also, read Murray Rothbard's Man Economy and State. All are free at Mises dot 0rg.

[Re3volution]

Were would you disagree with ron paul and why? You seem like you read lots of books, so I am curious.

[cclodfe]

I really like Ron, don't get me wrong. However, Ron Paul is a minarchist and I am an Anarcho-capitalist/voluntaryis­t. He believes in government controlling our borders and running our military, police, roads etc. (infrastructure). I think that the market can effectively provide all these services without a govt monopoly. I also disagree with politics in general. I only believe in voluntary consent and education and reject politics to promote change. You can't work within the system to change it.

[yosoydame]

hmm im not sure about that...

our borders being controlled was a big issue when the illegals kept coming into California. I met people there full of hate and i don't see no citizens controlling that border...

Police are run at a state level aren't they? shoot uh oh... gotta read more :o

anyways i gonna be a teacher and i would volunteer to be one but i do wanna get paid for it eventually XD

[cclodfe]

If you end entitlement programs a lot of that will end. Also, our agricultural subsidies have propped up multinationals in 3rd world nations and made it impossible for single oxen farmers to make a living. The market can determine amount of employees a market needs. Police are at the state level. However, if only one police force is allowed per state then the state has a monopoly on the initiation of force still. Competing companies would be a better alternative.

[yosoydame]

that could cause civil wars if 2 police's don't agree with eachother x.x. the states control their own laws while federal deals with the constitution which states follow right? if its all competing companies, then won't more monopolies rise from this?

Example: Wall mart...

[cclodfe]

The only purpose of police is to defend and protect. Not to initiate force, like our current day police. Watch this he simplifies how police would work: watch?v=PNFrWur6T8A. Wal Mart has a near monopoly on the market due to FDA regulation on food production. This increases the cost for producers and makes it harder for small business to compete against big box retail(since they have to buy the same FDA approved food as Wal Mart=increased cost). Its a messed up system.

[drewd1987]

you have to work in the system because a revolution will never happen. RP is the best choice we have and I'm happy with that.

[cclodfe]

Research the Hamilton/Jefferson debate on central banking. Research the Bank of North American and the First Bank of the U.S. Research bimetallism & fraciontal reserve banking. All of these were used to fund war and expand corporate interests. Research banking during the American Revolution, Civil War, WWI & WWII(same war due to the treaty of versailles which was harsh and not about peace and gave hitler a platform to rise to power). Research Keynesian Economics.

[elfil76]

It's funny but fox and friends treating him like shit! a year a go

[KenMacMillan]

Not even a year ago, I saw a video the other day of Michelle Malkin slamming him just before the election.

[enduro0276]

END THE FED!!!!

[EndTheFedRes]

Financial collapse= Federal Reserve

Foreclosures= Federal Reserve

No health care= Federal Reserve

95% devaluation of the dollar since its inception= FEDERAL RESERVE!!!

END THE FED!!!

Ron Pauls official website

campaignforliberty

Join in the fight!!!

[patitofeo76]

Ron Paul seems like an honest person, someone who stands by what he believes in, he actually presents his ideas, not just personal attacks, and that's why is easy to understand what he's talking about. My thing with these whole libertarian movement behind him is the familiar anti-semitism, the conspiracy theories, the taking quotes from founding fathers out of context, that you see from his followers. It makes you wonder.. what's behind the so-called libertarians?

[d0861]

Call me crazy, but I think that this woman anchor is sexy as hell.

[fortsmith1]

Ben Bernanke wants more power for the fed. END THE FED THEIR STEALING YOUR MONEY.

[Tressco]

Ron the Don d'argent!

[PennyRoyaleTea]

This is really bad...They're gonna hit us really hard this October/winter season...Fucking swine flu vaccines waiting in the bank...That's gonna cause problems- now this. Inflation.

Get ready to be sick & poor..Courtesy of big government & pharmaceutical companies.

[isortparcels]

The only way to have a " free " market is do away with the Federal Reserve and all the government regulations They only protect the super rich anyway..Go get 'em Ron Paul!!

[Martinx09]

Are you EFFIN' kidding me?! Hoover was as an interventionist just as Bush was! Obama is just another FDR, he will increase taxes, high inflation, all this will lead to higher unemployment, weaker dollar, and we are already in the stages of an early depression. Obama isn't "yanking" anything out, but more like yanking us into another depression, which would make the 1st depression look like a walk in the park.

[ReliableInsider]

Martin,

That sounds eerily like Newt Gingrich's statements about Bill Clinton's 1993 budget just before the rollicking prosperity of the 1990s.

Republicans love the corporate world . . . but they're not good at macroeconomics.

Maybe because they have difficulty seeing more than one fiscal quarter into the future.

[HeatForce]

Hmm I wonder which administration created the bubble of 01, and ultimately influenced the recent housing bubble hmm. I wonder how the government reacted then hmm. I wonder if the government has learned from its mistakes hmm. God that's a fucking tuffy...

[ReliableInsider]

Heat,

Are you trying to imply that Al Gore invented the Internet?

You know that was just some nonsense cooked up by the Bush campaign. He didn't invent it. He just provided early funding back in the 1970s.

[HeatForce]

Lol are you trying to imply that the Clinton administration didn't give us the housing bubble (community reinvestment act) and the 2000 recession? Keep drinking your Kool-Aid. You can follow Obama off a cliff just like the Republicans followed Bush. We need those idiots laughed out of office so Libertarians, Constitutionalists, and Objectivists can get in there. Lol your collectivism attitude is a dying idea. Individualism and personal responsibility will lead Generation Y.

[ReliableInsider]

Heat,

The Republican Party controlled

the House

starting in

1994.

It's Bush's job to know what problems an "Ownership Society" and a deregulated financial services industry might involve.

When one party controls all three branches of government it should probably learn how to take personal responsibility!

[HeatForce]

Lol and now your Dems own everything. Like I said enjoy the seats for 2,4, or even a full 8 years. I bank on you Republicrats giving rise to the third major party of the new millennium. Thank you! After over a Century, individualism and capitalism will thrive! No more of your boom-bust cycles. No more of your frickn wars

[ReliableInsider]

I think you're thinking of the Reagan years. Those six years between the Reagan recession in 1983 and the second Reagan recession in 1989.

[topthickproducer]

If all we do is blame the Politicians then we are dumb. It was the financial corporations that came up with loans that were impossible to pay. Of course they would just sell this "thrash" to others by duping them.

Let's all get it right it is the corporations that are the problem, of course 'cause they control the politicians. And Ron Paul is going after the number 1 culprit: THE FEDERAL RESERVE BANK.

Keep in mind this "bank" is not owned by the people.

IT BELONGS TO PRIVATE INDIVIDUALS.

[TenRoc382k9]

wow Ron Paul is sell out he wouldnt even stand up for the ppl that supported him in 08 why should we even care what he says now Ron Paul needs to drop out AGAIN and stfu i cant beleave i fell for his bs in 08

[HeatForce]

umm how did he not stand up in 2008?

[TenRoc382k9]

like you have to ask???? he didnt take a stand on the issue he ran on he didnt put up any type of a fight when his own party truned there backs to him and now hes kissing the gop's ass hes a quiter

[HeatForce]

lol what do you mean? Have you not been watching his numerous tv appearances? His message is still the same - it never changed. During the GOP primary he was getting the short end of the stick from the media. He could never win, but he inspired people and his following grew. Now as far as I can tell he's been in the media more than any other congressman this year alone, and the year is not even finished. He stil votes for small government and civil liberties so I think you're wrong.

[TenRoc382k9]

no sorry it was the gop not the media it was the media that did a story about the gop not showing any support to Ron Paul and now when the gop needs him hes kissing there butts Ron Paul needs to grow some balls and stand up to the gop but he wont its ashame to see that in my eyes that makes Paul look like a sell out but i dont only just watch fox news to get the truth you have resreach it your self to find that lol

[HeatForce]

Lol are you kidding me? Maybe you don't remember the disrespectful interviews he had on Fox, MSNBC, CNN etc., but I do. Yes the GOP marginalized him, but you haven't given any proof as to how he's "kissing" their ass. I think youre knocking Ron for not being confrontational. This of course has helped him win support or respect from a lot of Liberals, and Conservatives. He's a man of ideas and has said on numerous occasions that he'd rather talk policy than politics. He's also in his late 70's..

[TenRoc382k9]

i have seen the proof of what i said are you blind????? Ron Paul is a two face dumbshit you know it and i know it its the truth

[HeatForce]

Lol! Apparently not because Im too busy lol-ing at you. Which neo-con ass did he kiss? What policy stance has he broken since the 2008 election? I've seen videos of him from the early 80's preaching the same message. Lol if you're going to post a negative response on this vid with baseless accusations then enlighten me on the specifics. Show me proof! If not, then youre just a fool blowing hot air; leading with emotions and lies. Basically, you're not being logical.

[jfcrow1]

END THE FED.

[LouieArrighi]

Paulbots are idiots. the Fed isn't going to be abolished. they don't have an alternative. they don't want to talk about regulations. there hasn't been ANY regulations. the major regs have been abolished since 1999.

[chainzdown2dadik]

you have no idea what you're talking about, whatever deregulating bush did barely scratched the surface.

[LouieArrighi]

talk about substance 1999 would be a good place to start. have you ever heard of the Glass Steagall Act regulations that were abolished, or are you another person who knows nothing about economics, but makes comments to get thumbs up.. do you have any idea why the Gold Standard was abolished? ever hear of 1932? no because you're another moron stuck in 1913.

[chainzdown2dadik]

first of all dipshit, i didn't deny that bush did any deregulating. i said that he didn't deregulate enough. and yes, i've heard the arguments for abolishing the gold standard and they're all bullshit. and what about 1932? where the fuck was the substance in that dumb ass statement. and ever hear of the recession of 1921? no because you're stuck in great depression fallacy land.

[LouieArrighi]

recession of 1921? what the hell does that statement have to do with the tea in China? educate me on this.

[chainzdown2dadik]

it has as much to do with it as you bringing up the abolition of the gold standard and "1929"

[ReliableInsider]

A Great Depression, and the suffering and death on a massive scale that would go along with it if Ron Paul or Herbert Hoover were in charge, is the LAST thing the world needs.

Ron Paul is more of a threat to America than Bush OR bin Laden.

Why do all economists disagree with him? Because he's wrong.

[Severneson]

"All" economists also say the way out debt is to spend with gov't stimulus. I put quotes around all because that is a massive fallacy. Not all economists disagree with him. Austrian economists agree with him on almost everything. Your veiled comparison of Ron Paul to Hoover is misguided as well. You obviously know very little about either men.

[ReliableInsider]

What would Ron Paul have done if he had been elected President in 1933?

NOTHING.

Just like Hoover.

Austrian economists agree with each other on many issues.

They are in the minority.

In science, that's not good.

Their mistake is that we don't HAVE a perfect free market and it's probably impossible to create one because of the limits of the physical world.

[chainzdown2dadik]

majority belief has nothing to do with science and accepting something just because the majority of "scientists" do is by far the most unscientific approach to truth anyone can take. and you don't "create" a free market, it just happens. and please explain how the hell central economic planning can overcome the "limits of the natural world that somehow, for reasons that i'm sure you have no way of explaining make free markets impossible?

[ReliableInsider]

chainz,

The limits of the physical world, not the natural world.

A boring example. When one company invests the money to install tv cable in every building in a large city, it's a little redundant for a competitor to come in and repeat the whole process.

Corporations don't even actually -like- free markets. In a free market, profit drops to zero.

Corporations spend all their time trying to -create- monopolies.

[chainzdown2dadik]

profits don't drop to zero in a free market, but they do remain pretty low. and if a competitor makes a better or more economical product, there is nothing at all wrong with him taking up some of the market share. and corporations can only create monopolies by lobbying for regulations that favor them and restrict competition or by lobbying for massive subsidies.

also, hoover interfered in the markets on a pretty massive scale which is what turned the 1929 recession into the depression.

[ReliableInsider]

chainz,

You're just wrong. Corporations are constantly looking for ways to create monopolies by identifying the choke point and buying it.

To say all monopolies are government-created is just superstition, not reality.

Turning the market into a religion just makes people market fundamentalists. It's not a religion.

[chainzdown2dadik]

very few enterprises come to mind as "free market" monopolies. and those that do come to mind have copyright and patent laws that protect them. i believe in intellectual property rights only to the degree that it can be proven that something one person is profiting from is truly the product of another individuals labor, not as arbitrary laws. and my believe in the free market comes from my understanding of economics and u.s. history, so no, it's not a religion.

[Geschmolzen]

Most Often the choke point that is purchased is the Federal Government.

In a true free market the only way to sustain a monopoly is to provide the best service at the lowest price.

I appreciate "market Fundamentalists" they tend to be the few idividuals that actually show respect towards person property rights, the basis of liberty.

[cclodfe]

It is no crime to be ignorant of economics, which is, after all, a specialized discipline and one that most people consider to be a dismal science. But it is totally irresponsible to have a loud and vociferous opinion on economic subjects while remaining in this state of ignorance. -Murray Rothbard. Read about economics before you open your mouth on the subject.

[ReliableInsider]

If your approach is not to open your mouth on the subject, I'm sure it's for the best.

[cclodfe]

You should learn the differences between state capitalism and capitalism. Obama is a supporter of Keynesian economics, as are most of our politicians. Keynesians believe that industry and human action are in a constant state of equilibrium and hence can be empircally studied to influnce economic and monetary policy. This is religion. Human action and industry are in a constant state of change.

[cclodfe]

You don't understand the economics of free market capitalism. A natural monopoly might exist for a short period of time, but competition would end it much faster than regulations. Its not religion its basic econ 101. Corporations use your beloved regulations to lobby to create barriers to entry. Socialism also has no means of economic calculation. Only the market can determine prices.

[jetblackjp]

Everything you said is bang-on correct.

[ReliableInsider]

cclodfe,

Mises believed there was no way he would ever be able to understand economics.

He was probably right.

[cclodfe]

He believed no one could understand economics enough to control the market. He knew that the Keynesians math was founded on false axioms that human action and industry were constants. The makes all their analysis worthless. Furthermore, a centralized bureaucracy would be more prone to tyrannical overthrow. No "master of the universe" would be able to control the market. He knew no man could determine prices. Only the market can.

[ReliableInsider]

Metaphorically, when your bicycle gets stuck in the mud, you've got to yank it out. You can't just keep on peddling. Even though peddling is -ordinarily- the fastest way to ride.

Bush left the world economy stuck in the mud.

Obama yanked it out.

[PennyRoyaleTea]

Obama didn't yank shit out of the mud. He just sat on it.

[myY0UTUBEchanneI]

: ) Funny comment

[ReliableInsider]

Hoover (and Ron Paul) would have just left it there in the muck until it was little more than a pile of rusted metal.

Clinging fanatically to theory even in times when it no longer applies is fundamentalism.

[Severneson]

That again is a fallacy. Hoover did a lot actually. He started the Mexican Repatriation program which cost millions deporting Mexicans back to Mexico, signed the Smoot-Hawley Tariff Act(which was caused the world to stop buying US products), the Federal Home Loan Bank Act, the Revenue Act of 1932(which was an increase in taxation), and the Emergency Relief and Construction Act which created the Reconstruction Finance Corporation. And I haven't even mentioned what the Federal Reserve was doing.

[ReliableInsider]

I can't believe Ron Paul is still talking about raising interest rates.

If we raised interest rates NOW (by "ending the Fed"), America and the world would drop into a second Great Depression. Roughly six BILLION people would be hurt by that.

Does Ron Paul care? No. He has his economic theory, which is more precious than people.

[xdream1]

reliable... we're going to be in a worse great depression if we don't stop them now. think!!! We get rid of big governement, then small communities can govern themselves.

[HeatForce]

Yeah so instead we'll just drop slowly into a Depression. The interest rates in the 80's didn't destroy us, did it? Lol logically if you say that Ron would usher in Great Depression 2.0, then you have to agree that we could only get there because of the Great Recession that we're in now - thanks to the Fed. Lol keep the Fed love, it's all yours. If you trust strangers with the value of your assets; I'll be your accountant. You can trust me I won't cheat you, I promise.... :)

[TheNonConformative]

Jews... they did it in germany, they did it to the US.

[MRindependentTHINK]

END THE FED!!!

[CosmosPrivateer]

We end the Fed we end their money. So all the dollars we have saved is gone it doesn't belong to us.

We cannot end the Fend unless we spend the dollars first.

[splitpawspeaks]

then what.

[SaveOurSovereignty3]

Paul got guts