LOL... Nothing the government has created through entitlements have not been paid for for quite awhile now. The Debt is unsustainable. CBO says we are screwed.
America...are you listening? Our debt is taking us down a very dangerous path. Interest rates are going to rise and hyperinflation is on it's way. Prepare now.
Economic booms and busts do not just happen. They are MADE to happen.
Dr. Ron Paul is a truly great man. We are very lucky to have him. And thanks to his integrity, foresight and persistence, against all odds, we still have a chance to reverse the ongoing covertly orchestrated nightmare by applying Austrian free market economics and restoring the US Constitution and the freedom, sovereignty, prosperity and peace it makes possible.
I can prove your logic incorrect with a simple example.
If I make a vaccine that will kill 2,000 people and I make another (that does the same thing) that only kills 200 people. You are suggesting I use the vaccine that will kill 2,000 simply because the other vaccine will kill people as well.
Your logic makes no sense. Gold standards do not equate COMPLETE sound behavior, but it helps promote sound behavior and prevent bubbles. Fiat currencies do the exact opposite.
Before the Fed just had two central banks at various periods and they always had fractional reserve banking that allowed the money supply to grow thus strengthening the movement herd.
Someday, people will look back in a history book and read about this recession and think "how did they not see this coming". Hind signt is 20/20 but it's very difficult to see troulbe ahead when we keep our rose colored glasses on. We will act to fix this, the question is will it be too late.
This comment has received too many negative votesshow
I don't agree with him throwing in that gold pitch at the end. Makes the whole thing look scripted. Besides if we went to gold we would be worse off or at least in debt to who ever controls the gold and that definately isn't us (the people).
I don't remember where, but I read a fine article once describing how the monetary supply SHOULD be issued. Basically the purpose of money is to facilitate the purchase of the GDP. However, we pay interest on our money, which is debt. If the government issued currency interest-free in proportion with GDP we would be better off. Under this system, a National Dividend could be afforded. I don't agree with welfare, but we wouldnt' be paying trillions for it that way.
Just got an email that says that Hank Paulson and every other executive under the president doesn't have to pay taxes........Anybody know if thats true?
Dollar cost averaging on gold since 1971 when the majority in conventional economics and finance was mocking you proves once again that you are a man of wisdom and that truth is on your side. Keep of the good fight and please declare your candidancy for 2012 - America, nay the world needs a man of his wisdom and integrity!!!
Thanks again, Rep Paul. for that common-sense truck you always steer right through to the problems--and their solutions. And thanks to you too, Varney and Co, for yielding him some highway to drive it on. We ARE so, so weary of the media road hogs.
(sigh) Wish I had some dollars to worry about putting into gold ; (
gold isnt all its cracked out to be..silver is probably a better bet..the globalists control the gold as well, and with gold prices so high, how do you plan on bartering??..get some junk silver
Don't worry too much, It's not our debt. The Fed (private coorp) rents the FRNS to the "US Government", (private corporation), who has to pay it back plus interest (technically impossible); but we don't have to pay it back. As long as you are not holding FRN's, you are not the victim of the scam. You don't have to get too political, but you should learn what is going on and protect yourself/family.
They're already trying. Don't you see all these "sell your gold" places popping up everywhere giving people pennies in return? I've even heard of a gold party where everyone gets together and sells their gold... like a Tupperware party.
I doubt they'd bother confiscating gold again, they got most of it the first time around. That will make it VERY valuable for those of us who have it.
I don't think it's that simple. I've been watching the gold market as Goldman Sachs and the FED team try to manipulate the price of gold downward. They have not been able to control it because of emerging nations such as China, etc. They had enough gold to control things back then, but with the mines running constantly and the world expanding, they may need to increase their hold. There has already been speculation that the gold from Germany, of which we have stewardship, is GONE.
I wonder if any gold is left in Ft. Knox either, and obviously the gold held by the NY Fed is as good as gone. It's all in the Rothschild vaults now. However, I've heard Ron say in the past that it probably wouldn't be worth it to go after gold again, unless they went after specific individuals who they knew had a lot.
I guess the SEC can come and haul him away now for giving financial advice w/o a license.
I think they put him on tv b/c a lot of people will tune in just for him and it boosts their ratings plus they don't want to be seen as the Goldman sachs channel when the economy collapses
i wounder if there giving him so much tv time now is so in 2011 if he runs they can have lots of sound bits to make him look bad? anyways 2012 Ron Paul!
most people don't know who he is still cause most are watching 'so you think you can dance', 'survivor' and 'American idol'....and he's too old by American standards...otherwise I love the man and I'm Canadian
This comment has received too many negative votesshow
no, i never said that. First of all the government needs to spend money when the private sector does not have enough confidence to do so. If you look at WWII the government spent 150% of GDP and that got us out of the depression. Im not saying we should spend more but our debt is not a big deal. And even if it does deflate our currency that makes American exports more attractive. Plus ron Paul doesn't understand that if it was nto for the FED new york cities unemployment would probably be at 45%
The economic fallacy of war spending as a stimulus on the economy has been debunked on numerous occasions. It certainly was not the cause of the recovery that began not during 1941-1945 (GDP figures per se can be completely misleading) but in 1946.
Additionally, the huge spending on war that is currently taking place, approx. $1.2 trillion, has accomplished nothing in the way of a true recovery.
This comment has received too many negative votesshow
"$1.2 trillion, has accomplished nothing in the way of a true recovery" How can you measure what it has done? Of course it creates technology and jobs. Im sorry, but ron paul followers are almost as ignorant as Obama supporters. They just support the person not their agendas
Government has no resources of its own, its takes wealth from the private sector to fund its projects that crowd out real investments, and hinders future legitimate growth in the market. If the private sector has no confidence that means its a bad investment. Spending money is not wealth, only savings and capital create economic growth; which create productive jobs furthermore better wages by good productivity determined by the demands of the customers.
I like Ron Paul and his pro-liberty, pro-Constitution platform. I financially supported his campaign, and still have his signs.
Economies have boom and bust cycles. The worst of bust cycles are depressions. By preaching doom and gloom by telling us to "just wait" for one...yes, eventually, you will be correct, because the cycle has hit the right timing. Eventually we will have another bust. A broken watch is right twice a day, but is highly inaccurate for telling time.
He's not actually predicting a simple boom-bust cycle. What he is trying to get people to understand is that our current course will lead to a broken currency.
His take is that for the US this would be the end of our current way of life. We would be where Spain was at the end of the 19th Century. A dying empire that fell off the world stage.
Yes, and a broken currency is inevitable too, if you wait long enough. Our current way of life is far different than it was 100 years ago subsidies and welfare systems (individual and corporate) all make a difference.
Our way of life became different foreign policy back to Wilson and interventionism and our government's role switched to a domestic charity after churches couldn't cut it in the Depression. They set the stage for where we are now far more than the dollar.
If I don't have the "confidence" to spend, you don't have the right to spend my money for me, no matter how smart you think you are. I doesn't matter if you think it's for the "greater good." We're not a collective, we're a free republic.
The debt does matter. We pay interest on the debt. Also the more debt we have, the higher the interest rates.
Fox is so much more against RP then CNN and MSNBC... That is kind of crazy. I thought fox was "republican". They totally tried to set him up with their questioning about Bunning.
Yes he tells it the way it is, that's why the alliance will never allow him to rise to the top!
b4uricu 1 year ago 4
all pennies before 1981 are made of copper. and cigarette's are a good investment as well. just for those of you who cant afford gold.
hendersonn11 1 year ago
Another great video from Ron Paul!!!
trime1851 1 year ago
2012
OilTheGun 1 year ago
Don't forget about silver!
iannetta11 1 year ago 5
great video
a4finger 1 year ago 4
Go Ron Go. Lost count on how many times he said gold is insurance...
shatteek 1 year ago 4
One of the very very few Honest politicians around
That's the reason he will never reach the top.
johnbleeker 1 year ago 17
LOL... Nothing the government has created through entitlements have not been paid for for quite awhile now. The Debt is unsustainable. CBO says we are screwed.
cbo(dot)gov/ftpdocs/104xx/doc10455/Long-TermOutlook_Testimony.1.1.shtm
CHardi1099 1 year ago 3
America...are you listening? Our debt is taking us down a very dangerous path. Interest rates are going to rise and hyperinflation is on it's way. Prepare now.
USAPatriot63 1 year ago 12
please please please america, get behind this man......he's your only hope!!!!
neutonik 1 year ago 19
Economic booms and busts do not just happen. They are MADE to happen.
Dr. Ron Paul is a truly great man. We are very lucky to have him. And thanks to his integrity, foresight and persistence, against all odds, we still have a chance to reverse the ongoing covertly orchestrated nightmare by applying Austrian free market economics and restoring the US Constitution and the freedom, sovereignty, prosperity and peace it makes possible.
christopherquinn 1 year ago 4
Bubbles occurred before 1914 - creation of federal reserve.
Humans are not always rational, they herd towards profits, causing bubbles.
Gold standard does not equate to sound behaviour.
PLs shutup.
garagemc 1 year ago
I can prove your logic incorrect with a simple example.
If I make a vaccine that will kill 2,000 people and I make another (that does the same thing) that only kills 200 people. You are suggesting I use the vaccine that will kill 2,000 simply because the other vaccine will kill people as well.
Your logic makes no sense. Gold standards do not equate COMPLETE sound behavior, but it helps promote sound behavior and prevent bubbles. Fiat currencies do the exact opposite.
slam419 1 year ago 2
@garagemc
Before the Fed just had two central banks at various periods and they always had fractional reserve banking that allowed the money supply to grow thus strengthening the movement herd.
bonkers45 1 year ago 2
Bubbles and recession have been much more severe since the Federal Reserve. Gold standard will keep bubbles and inflation to a minimum.
masflojo 1 year ago 6
He systematically bought gold at 35 $ an ounce.... Do you guys think Ron Paul is filthy rich? xD
RoronoaZoro222 1 year ago
@roro do you understand the concept of cost of living? It is all related to inflation.
keep in mind that $35 back then got you what is equivalent to a $1,000 car today.
slam419 1 year ago
Someday, people will look back in a history book and read about this recession and think "how did they not see this coming". Hind signt is 20/20 but it's very difficult to see troulbe ahead when we keep our rose colored glasses on. We will act to fix this, the question is will it be too late.
curryay 1 year ago
And the middle east war is PAID FOR?
AIG? WALL ST? Banks? Credit card bailout, Fanny Mae.
Oh that's right, they have friends in High places.
Plenty of money for he war machine, not the people. I seeeeeeee
jeddah91 1 year ago
@MaryBethVideos
Need DEBT now? Call 1-800- I owe I owe
jeddah91 1 year ago
I hope he runs again. We need some real change not talking points about change.
guttersoup 1 year ago 7
Ron Paul's message is consistent, and strictly adheres to his philosophy of personal liberty.
standupgun 1 year ago 5
This comment has received too many negative votes show
I don't agree with him throwing in that gold pitch at the end. Makes the whole thing look scripted. Besides if we went to gold we would be worse off or at least in debt to who ever controls the gold and that definately isn't us (the people).
EastNineNineEternal 1 year ago
when i see into his eyes, i dont see a lie.
lisajason111 1 year ago 10
Ron Paul is not only honest with his opinions, he's also right!
funtala 1 year ago 8
Love you Ron Paul!!
malalingua30 1 year ago 12
Congressman Ron Paul..The only politician that "Tells it the way it is".
yuradumas 1 year ago 14
@yuradumas Not the only one, there's starting to be more standing up like Jason Chafets (I probably totally mispelled that.)
SeraphimTheApologist 1 year ago
Ron Paul is the best, hands down.
thesoothsayers 1 year ago 10
I don't remember where, but I read a fine article once describing how the monetary supply SHOULD be issued. Basically the purpose of money is to facilitate the purchase of the GDP. However, we pay interest on our money, which is debt. If the government issued currency interest-free in proportion with GDP we would be better off. Under this system, a National Dividend could be afforded. I don't agree with welfare, but we wouldnt' be paying trillions for it that way.
Dannyboy8155 1 year ago
Just got an email that says that Hank Paulson and every other executive under the president doesn't have to pay taxes........Anybody know if thats true?
Twisteddreamer78 1 year ago
heard Alex Jones mention that a few times
importsstillsuck 1 year ago
This comment has received too many negative votes show
rats are everywhere but they are going down
Yeah i am talking about Jew banksters
bananito2 1 year ago
quit polluting the board
Dannyboy8155 1 year ago
Ron Paul, you are the man!
Dollar cost averaging on gold since 1971 when the majority in conventional economics and finance was mocking you proves once again that you are a man of wisdom and that truth is on your side. Keep of the good fight and please declare your candidancy for 2012 - America, nay the world needs a man of his wisdom and integrity!!!
libertasetivstitia 1 year ago 5
Thanks again, Rep Paul. for that common-sense truck you always steer right through to the problems--and their solutions. And thanks to you too, Varney and Co, for yielding him some highway to drive it on. We ARE so, so weary of the media road hogs.
(sigh) Wish I had some dollars to worry about putting into gold ; (
virgy45 1 year ago 3
gold isnt all its cracked out to be..silver is probably a better bet..the globalists control the gold as well, and with gold prices so high, how do you plan on bartering??..get some junk silver
DirtyMill08 1 year ago
Don't worry too much, It's not our debt. The Fed (private coorp) rents the FRNS to the "US Government", (private corporation), who has to pay it back plus interest (technically impossible); but we don't have to pay it back. As long as you are not holding FRN's, you are not the victim of the scam. You don't have to get too political, but you should learn what is going on and protect yourself/family.
HBY2002 1 year ago
Do you think they will confiscate all gold again as FDR did in the 30s?
Dannyboy8155 1 year ago
They're already trying. Don't you see all these "sell your gold" places popping up everywhere giving people pennies in return? I've even heard of a gold party where everyone gets together and sells their gold... like a Tupperware party.
CosmicGrooves 1 year ago 3
@Dannyboy8155 it is a possibility and a very likely one too
MIT2004 1 year ago
I doubt they'd bother confiscating gold again, they got most of it the first time around. That will make it VERY valuable for those of us who have it.
rockhuddy 1 year ago
I don't think it's that simple. I've been watching the gold market as Goldman Sachs and the FED team try to manipulate the price of gold downward. They have not been able to control it because of emerging nations such as China, etc. They had enough gold to control things back then, but with the mines running constantly and the world expanding, they may need to increase their hold. There has already been speculation that the gold from Germany, of which we have stewardship, is GONE.
Dannyboy8155 1 year ago
I wonder if any gold is left in Ft. Knox either, and obviously the gold held by the NY Fed is as good as gone. It's all in the Rothschild vaults now. However, I've heard Ron say in the past that it probably wouldn't be worth it to go after gold again, unless they went after specific individuals who they knew had a lot.
rockhuddy 1 year ago 2
Ron Paul 2012!!!!!!
PRESIDENT
numba1stunna4269 1 year ago 7
I guess the SEC can come and haul him away now for giving financial advice w/o a license.
I think they put him on tv b/c a lot of people will tune in just for him and it boosts their ratings plus they don't want to be seen as the Goldman sachs channel when the economy collapses
n0us3rn4m3s4v41l4bl3 1 year ago
i wounder if there giving him so much tv time now is so in 2011 if he runs they can have lots of sound bits to make him look bad? anyways 2012 Ron Paul!
j0nb0y5 1 year ago
is silver also a good investment?
BloodiCheeseCake 1 year ago
All precious metals are a good investment as opposed to the dollar.
chevydriver1123 1 year ago
This comment has received too many negative votes show
As an investor, it's best to stay away from commodities
icemilitia 1 year ago
@icemilitia commodities are good for inflation right?
ddstar 1 year ago
If youre being sarcastic good. If not ignore icemalitia. You want all commoditites and agriculture, and be sure to stack up on the precious metals
NicosMind 1 year ago
Silver is much better in my eyes. And dont listen to icemilitia. Theyre talking crap.
Search for gainesvillecoins and goldmoney
NicosMind 1 year ago
sshhh. keep that down. we don't want a silver rush just yet. you'll have all the sheeple getting on board and killing the price for Patriots.
greenback001 1 year ago
i agree..silver is much better..the globalists dont control silver the same way as gold..an silver is way more realistic for barter and trade
DirtyMill08 1 year ago
Silver is better than gold.
stripe64 1 year ago
Ron Paul 2012 crit on the NWO
xchanxzenx 1 year ago 2
ron 2012
mrnat805 1 year ago 2
Dr. Ron Paul for Pres. 2012. We need a CONSTITUTIONAL leader like Ron Paul.
MrPatriot1787 1 year ago 7
I would like to see Ron's gold holdings
mike6459 1 year ago
Troll Alert, buzwazfuz just wants have an arguement. Use the usual method of not feeding the troll.
Leavon 1 year ago 2
Ron Paul Owns.
ShooterMaGavin 1 year ago 5
I wonder if that was a trap to get him to give "investment advise", good thing he didn't fall in it anyway.
PressForFreedom 1 year ago
Ron is smart and lucky to have bought gold at 35 an ounce.
AiresQX4 1 year ago 3
He tells the same way all the time. Truthfully!
bossduff 1 year ago 5
We've got to cut spending. Any way you do it, its going to require losing jobs; losing some benefit to someone. Its necessary.
painisanillusion7 1 year ago
This guy should be in the oval office. What's wrong with you America?
neonevangelion666 1 year ago 8
most people don't know who he is still cause most are watching 'so you think you can dance', 'survivor' and 'American idol'....and he's too old by American standards...otherwise I love the man and I'm Canadian
mike6459 1 year ago 4
cool
valconstantin 1 year ago
Ron Paul is my President!
He tells it like it is.
BlueEagle8 1 year ago 6
This comment has received too many negative votes show
Sorry but Ron paul doesnt know what he is talking about
buzwazfuz 1 year ago
What are you saying? Should we continue to spend into oblivion?
AiresQX4 1 year ago 3
This comment has received too many negative votes show
no, i never said that. First of all the government needs to spend money when the private sector does not have enough confidence to do so. If you look at WWII the government spent 150% of GDP and that got us out of the depression. Im not saying we should spend more but our debt is not a big deal. And even if it does deflate our currency that makes American exports more attractive. Plus ron Paul doesn't understand that if it was nto for the FED new york cities unemployment would probably be at 45%
buzwazfuz 1 year ago
The economic fallacy of war spending as a stimulus on the economy has been debunked on numerous occasions. It certainly was not the cause of the recovery that began not during 1941-1945 (GDP figures per se can be completely misleading) but in 1946.
Additionally, the huge spending on war that is currently taking place, approx. $1.2 trillion, has accomplished nothing in the way of a true recovery.
Mechanized0 1 year ago 4
This comment has received too many negative votes show
"$1.2 trillion, has accomplished nothing in the way of a true recovery" How can you measure what it has done? Of course it creates technology and jobs. Im sorry, but ron paul followers are almost as ignorant as Obama supporters. They just support the person not their agendas
buzwazfuz 1 year ago
Government has no resources of its own, its takes wealth from the private sector to fund its projects that crowd out real investments, and hinders future legitimate growth in the market. If the private sector has no confidence that means its a bad investment. Spending money is not wealth, only savings and capital create economic growth; which create productive jobs furthermore better wages by good productivity determined by the demands of the customers.
Ron Paul's agenda is Liberty.
BIackOp 1 year ago
You'll see when where in a full blown depression how well this system has worked. Just wait..
Make sure not to buy gold. Your dollar will be just fine. LOL!!
AiresQX4 1 year ago
I like Ron Paul and his pro-liberty, pro-Constitution platform. I financially supported his campaign, and still have his signs.
Economies have boom and bust cycles. The worst of bust cycles are depressions. By preaching doom and gloom by telling us to "just wait" for one...yes, eventually, you will be correct, because the cycle has hit the right timing. Eventually we will have another bust. A broken watch is right twice a day, but is highly inaccurate for telling time.
kicstart 1 year ago 4
@kicstart
He's not actually predicting a simple boom-bust cycle. What he is trying to get people to understand is that our current course will lead to a broken currency.
His take is that for the US this would be the end of our current way of life. We would be where Spain was at the end of the 19th Century. A dying empire that fell off the world stage.
RvNYC 1 year ago
Yes, and a broken currency is inevitable too, if you wait long enough. Our current way of life is far different than it was 100 years ago subsidies and welfare systems (individual and corporate) all make a difference.
Our way of life became different foreign policy back to Wilson and interventionism and our government's role switched to a domestic charity after churches couldn't cut it in the Depression. They set the stage for where we are now far more than the dollar.
kicstart 1 year ago
If I don't have the "confidence" to spend, you don't have the right to spend my money for me, no matter how smart you think you are. I doesn't matter if you think it's for the "greater good." We're not a collective, we're a free republic.
The debt does matter. We pay interest on the debt. Also the more debt we have, the higher the interest rates.
myheadhurtsnow 1 year ago 4
WOOOOOOOOOOO. RUN RON RUN!
SpreadTheRev 1 year ago 2
buy gold
buy gun
buy food
emeihongshen 1 year ago 3
Rand Paul moneybomb !
winrandwin(.)com
phchartrand 1 year ago 2
Fox is so much more against RP then CNN and MSNBC... That is kind of crazy. I thought fox was "republican". They totally tried to set him up with their questioning about Bunning.
theoriginalanomaly 1 year ago 2
@original
that is bc ALL of the MSM outlets are running a sham on the American public...
hint: #1 golden rule to follow these days in politico...
When what 'they' do and say doesn't make sense (hypocritical), than just presume that it IS a lie!!!!!!
shineurs2 1 year ago
it really says something about the rest of the Republicans leaving Bunning out to dry alone.
WE HAVE 1 PARTY IN WASHINGTON. NO DIFFERENCE.
TheLiberalssuckdick 1 year ago 17
AGREED!
Democrats + Republicans = The Washington Party
Mauhadeeb28 1 year ago 12
This seems to be pretty accurate te me;
watch?v=wpLaD1C7egI&feature=related
WTFaboutWTC7 1 year ago
@Liberalssuck
Exactly...couldn't have said it better myself!!
when will ppl quit the party-ing...!
shineurs2 1 year ago