12/3/09 Ron Paul on CNNMoney.com: "I Wouldn't Vote for Bernanke"

[JimbobOMG]

Bernanke's beard is fake!

[tomblebus7]

The bailouts saved us from hitting rock-bottom, but since people don't appreciate how much more dire the situation could have been, they are quick to blame.

As as it was so wisely put in The Dark Knight, "You either die a hero, or live long enough to become the villain." In Bernanke's case, he prevented the economy from falling off the cliff, but as a result, all he gets is heat that should be directed at reform of regulation of the financial sector.

[stater68]

Diverting resources and printing money does not solve problems. All it did was kick the can down the road and prevent us from having a real recovery.

[tomblebus7]

The reality of the recovery was going to hit at some point. What the bailouts did is keep the very basics of financial tools functional. A major part of the recession is the lack of consumption. Imagine if those who chose to consume (and thus drive the economy) didn't even have access to their capital/lines of credit.

Failure of all the major commercial banks would spell complete collapse of aggregate demand. Then the recovery would come much further down the road than it will now.

[tomblebus7]

It's pretty apparent that stricter regulation needs to be in place when banks face the moral hazard of government-secured deposits, but arguing that Bernanke stole taxpayer money is a joke. Remember, interest earned on the securities bought with the bailout money covers the Fed's basic operations (salaries to employees), then is turned over to the Treasury. It's sad that despite Bernanke's hard work, people are so quick to blame him.

[tomblebus7]

Yeah, I guess everything would have been much easier if the Fed hadn't backed individual deposits, and hard working taxpayers had lost all their savings. Equally, probably would have been better if all the major banks had failed, and all lines of credit had disappeared, effectively killing investment and national economic growth.

[Dastgreene]

Ron is our most brilliant political asset.

[BablyonsKing]

Benny bernanke should be considered the biggest liar of the year for stealing all the HARD EARNED TAX PAYERS MONEY! This shit is not going to work much longer folks on Capitol Hill! What's it going to take to get these bums out of the White House? Let's just all of us BEND OVER and let them stick it up OUR ASSSSSSSS.....

[edisonoside]

BEN BERNANKE TIME MAGAZINE"S MAN OF THE YEAR!?!? Is the not the biggest joke on us?? The decade of rewarded failures...

[daashton]

2:32

[BLUEANGEL7777777777]

Ron Paul does not argue- He states the facts, and those that are dim lit, and slow to comprehend seem to need to learn THE HARD WAY...

Ron Paul ends arguments. Most close their mouths after he makes statements in politics.

You cant argue with the truth, you can only mock it...or have jealousy.

Everyone knows hes right- some just have a hard time getting over their puffy pride in themselves and their jealousy.

[id1337x]

Wow that is an extremely devout and uncritical view of Ron Paul. Do you have a shrine and an altar so that you can worship him as well?

Ron Paul obviously does not pose a serious threat to the power of the government because if he did he would be killed or in jail.

[BLUEANGEL7777777777]

I don't worship man, and If I ever did its better than worshiping animals like you PETA freak.

Save animals, screw people. <<PETAs moto.

Peta is the most hateful breed of mankind.

[id1337x]

What? What evidence do you have that I have anything to do with PETA? I favorited one video they made because it is funny and it makes fun of religious worshipers that say grace over slaughtered turkies. Unlike PETA, I am all for scientific testing on live animals, so I don't even support PETA, so you don't even know what you are talking about. Besides that, it is a scientific thing to recognize the enormous similarities and common ancestry between humans and other animals.

[coolcatsrus]

Rand Paul Money bomb on dec 16th, google randsteaparty

[Dannyboy8155]

The woman is the biggest idiot. He clearly just gave a logical argument that made perfect sense, and says with a strained face "interesting....point of view....". Those are her marching orders. She still thinks that people are listening to CNN over Ron Paul, and that is simply not the case. CNN made itself the "mainstream news station" of the current political machine, and they will go down with it.

[Eric21ND]

Bernanke and The FED saved us? Really chick??

That's like a kidnapper allowing you a potty break before he rapes and kills you.

[Dannyboy8155]

That is a very good analogy. The FED causes our major economic problems by introducing the following into monetary policy: 1. Human error - We are not smarter than the market.

2. Greed - By usurping the market, and placing this power in the hands of small groups of men, we create a moral hazard.

3.Control - Entrenched monied interests whose trail leads back to the founding of the FED use their permanent positions of influence (wealth and clout) to determine who controls the FED.

[haywood16]

END THE FED!~

[nvsyru]

Perhaps Ron Paul would be the best choice for, "Federal Reserve Chairman!"

At least this way, we would have someone we could believe and trust!

No wonder Ron Paul received more campaign contributions from Military troops than all other candidates combined in this last Presidential Election that the main-stream media couldn't report on accurately and fairly!

[December16thForRand]

Rand Paul money bomb on 12/16/2009. Pledge your donation today and then donate to Rand Paul's official campaign on this coming December 16th!

RandsTeaParty (.) c-o-m

hOeaVVpaq

[dimaniak]

Rand Paul is zionist flip-flopper

[vinnykster]

Ron Paul ROCKS!

F YOU BERNANKE!

AND F YOU JUDAS GREGG FOR TRYING TO OBSTRUCT JUSTICE AND GET IN  THE WAY OF AUDIT THE FED! YOU JUDAS ARE A TRAITOR AND SHOULD BE PUT AWAY WITH THE REST OF THE CRONIES BEHIND WHAT HAS BEEN THE DESTRUCTION OF THIS COUNTRY!

END THE FED!!

[captvanhalen]

DOWN WITH BERNANKE!

Then again -- sometimes the devil you know truly is better than one you don't. They would only replace him with another cronie. Best to cut this off at the source and abolish the Federal Reserve all together.

[bajoverga]

gotta love RP!

[Blackjack555]

The whole Federal Reserve system needs to be abolished altogether, no more Chairmans.

[LibertasRAC]

Why not? He has done a fantastic job.

If you are a banker, a proponent of global government or just a sellout crony looking for a quick, fat paycheck.

[33ItHappens]

neither would I!