Steve Forbes Interview with Ron Paul on His Bill to Audit the Federal Reserve ~ Ron Paul 2012

[jcaled24]

RON PAUL 2012!!!!

[Kavenger11]

Who in hell would give this a thumbs down? Must be asshole Ben Bernanke or tiny tim geutner.

[Salvysahagun]

I do support abolishing the FED .

But if we don't replace with something better like a National Bank it could be disaster.

Last time the Bank was abolished and the debt eliminated it led to disaster!

[hitlerscow]

@Salvysahagun The last time a central bank was established it started a Great Depression. Central banking is the problem. That's like saying "This king is bad, we need a new one!" The problem is the system of monarchy. Not the monarch. Absolute power corrupts absolutely. The same goes for the power to create money. As Rothschild (who would know better?) said "Give me control of a nations money supply, and I care not who makes it’s laws."

[Salvysahagun]

@hitlerscow

Gee what happened when Andrew Jackson eliminated the Debt and Closed the National Bank??

CRASH!.

If you read Hamiltons plan and not just what Ron Paul tells you. You'd see that it was privatley funded. Congress still printed the money back then.

the Bank was not allowed to loan the Government, the President could Veto any loan.

Austrian economics is NOT the Founding Fathers.

Carl Menger began his career 100 years after the Declaration of independence was signed

[hitlerscow]

@Salvysahagun Gee what happened the last time a central bank took over? Need I repeat myself? THE GREAT FUCKING DEPRESSION.

Central banks are the driving factor for debt and war. And I don't support either. As a result of both the 1st and 2nd banks there was high inflation, not deflation (which is usually credited to central banks). The 2nd National Bank actually created an economic bubble for speculators, tripling land prices. Sound familiar? There is a fundamental flaw in centralized banking

[Salvysahagun]

@hitlerscow

I'm not a supporter for Central Banking.

It is not a National Bank.

I haven't dug into 2nd National Bank. But The 1st national bank is what brought "The Era of Good Feelings"

and it wasn't until Lincoln made the Greenbacks and the National Banking act and we began using elements of Hamiltons National System that brought us the Gilded Age

[hitlerscow]

@Salvysahagun Well then we must not be talking about the same history because Andrew Jackson ended the 2nd national bank.

You should review your facts

[Salvysahagun]

@hitlerscow

And caused an Economic disaster in the process.

The 1st National bank gave us prosperity. Everything I stated was factual I don't know what your talking about.

[hitlerscow]

@Salvysahagun Classic doublethink. With the boom comes a bust. Its inevitable. It happened. It's better to let the free market business cycle run its course than to saturate the money supply with a printing press. Legal tender law, fractional reserve banking, and state government deficit spending, which dramatically increased the money and credit supply, decreased interest rates, and led to erroneous investment decisions before and up to 1837. However you look at it, the bank caused the panic

[Salvysahagun]

@hitlerscow

What are you talking about?

That panic happened right after the Bank was shut down. Educated men knew it was going if the bank was shut down.

Just so you know Austrian Economics is not what the founding fathers preached. sorry.

Only a strong national infastructure could guide humanity to an world beyond what man kind can dream of.

[hitlerscow]

@Salvysahagun Half of my above post was a copy-paste from the Panic of 1837 wikipedia page. It's documented fact. Yes, he chose not to renew the banks charter. Yes, there are more complexities to it than you are accounting for. Austrian economics isn't a guiding philosophy... It's a theory of the business cycle. An attempt to explain the booms and busts constantly happening. At the time, the US needed a uniform monetary system to make regular interstate commerce. But today its a printing press.

[hitlerscow]

@Salvysahagun That being said, I wouldn't mind seeing a central bank established if the power to coin/print money be returned to congress and if fractional reserve banking were substantially changed. But giving the banks unchecked power to create money and credit is a recipe for disaster...as evidenced by the last hundred years of booms and busts. The system cannot sustain itself without constant growth. It will fail as it is, I have little doubt.

[Salvysahagun]

@hitlerscow

And guess what. Neither the 1st nor 2nd national bank did any of things you discribed. Congress still printed the money the national bank was actually given a cap on how much capital it could have.

Okay, but I'm just telling you Ron Paul lovey doveys that the Founding Fathers were not Austrian Economist or even libertarians for that matter.

[hitlerscow]

@Salvysahagun You're using doublethink to ignore the facts I've presented...Instead of accepting you could be wrong, you're just saying it never happened and repeating yourself.

[Salvysahagun]

@hitlerscow

You just described what you did.

You have yet to acknolege that neither the 1st nor 2nd national bank where NOT central banks

[hitlerscow]

@Salvysahagun They were central banks...they just didn't have the power to coin money. They only had the ability to create credit using fractional reserve banking. Today we have a central bank that has monopolized those powers.

[Salvysahagun]

@hitlerscow

No they were not.

I've actually did something most Americans never do.

I READ the bill that gave the 1st national bank its charter.

The bank was made to get commerce going and rarely loaned to commercial banks.

Mainley to productive industry.

As a matter a fact the president could Veto any loan.

[hitlerscow]

@Salvysahagun First Bank of the United States - first private central bank of the United States.

Central bank - A national bank that provides financial and banking services for its country's government and commercial banking system.

Looks like a central bank to me. Regardless, I've already conceited a central bank without the power to coin/print money would be acceptable. Centralized currency is important (especially globally). Thats why the First National bank was setup in the first place.

[Salvysahagun]

@hitlerscow

No it wasn't. ANYONE could get a loan from the bank. Its seldom loaned to commercial banks. I don't know where you read that.

Have you even read Alexander Hamiltons "Report on a National Bank" Here are some of the 24 laws of the bank

1- Capital Stock of the bank not exceed $10milion

8- No Loan shall be made by the bank for by the government of the United States... or any foriegn prince/state.

13- None but a stockholder being a citizen of the United States shall be on the board

[Salvysahagun]

@hitlerscow

Before you listen to what the Tea Party tells you, it would make sense to understand what exactly is The American School of Economics (Hamiltons Platform)

[MrAnubis1988]

The Fed is telling is it won't let us audit it now. What we need to step in and say is that if we can't audit it, then we will shut it down. We as the people hold the right to elect the people in power in our country, that includes who we use as our nation's bank or monetary system in general.

Ron Paul 2012!

[AtopaMesa]

So basically...the bailouts went to prop up the banks that own the federal reserve...isn't it obvious sheeple. Ofcourse this is why they don't want to be audited, throwing in the fact that some of these banks are owned by foreigners. Slavery exists still in America, when are we going to to be free?

[sharinganclan213]

ameria used to be a great country before 1913. Yes we had problems with ivil liberties, but at least we did not have a central banking system.

[atchisrj1]

Ron Paul is the only Republican that stands a chance against Obama in 2012.

[NoodlesMcGurt]

"Throwing the bums out" overlooks one obvious flaw. In the voting booth you will be not be faced with a choice between good and bad, but - as ever - between lousy and worse.

Thomas Jefferson commented, "The price of freedom is eternal vigilance." That doesn't mean every two, four or six years we awake from out stupor to cast a ballot. That is what the rascals want. What is required is the constant brace that constrains them such as we are seeing a bit of now. We sleep at our own peril.

[countrysamurai]

@NoodlesMcGurt Well put...

[fomastephanovitch]

How can this guy not be the president?

He's more quintessentially American than anyone I've ever met.

If I had to recommend a person to reinvigorate passion for political ideas and the prospects for one decent individual in amongst the cretins in Washington, Ron Paul is the guy.

He's truly decent and admirable, a genuinely natural statesman.

[joeguy02]

@fomastephanovitch Welcome to America, land of the sheeple.

[sargon08]

i think Ron Paul started a revolution !!

[TheDraculator]

no shane dawson secret

[tkcomputerservice]

Ben Franklin

"When the people find that they can vote themselves money, that will herald the end of the Republic."

Thomas Jefferson

"The central bank is an institution of the most deadly hostility existing against the principles and form of our Constitution."

John Adams

"All the perplexities, confusion and distress in America arise, not from defects in their Constitution, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation."

[muiere2]

are u as an American in debt? well when you file your taxes why don't you ask the IRS to pay your debts off! We send 30billion dollars a year to Israel as a gift!! I repeat "as a gift" from my paycheck... but i am the one loosing my house!

[Budvb]

Federal Reserve, playing Judge & Jury over our court system with money is a very scary thing.

[jeddah91]

The federal reserve is bleeding sucking the resources from America, through interest on 100% debt, not credit debt..

When the interest is beyond any hopes of repayment, they will call in their markers, the banks will fold, and America will suffer greatly at the hands of foreign banksters or gangsters.

The federal reserve can call in all loans at a moments notice, they have their own laws, which must remain Hidden/secret. never too audit.

So many secrets but we allow it

[namehoela]

The complete 30 minute interview can be watched here:

forbesDOTcom/2010/01/08/ron-pa­ul-federal-reserve-intelligent­-investing-video.html

[terramortim]

Fine job! A far cry from the mainstream media smear Dr Paul had around election time. Ron Paul 2012? We need a real President.

[czubspenx]

Anybody that would vote against this bill is trying to hide something. Don't let any politician vote against Ron Paul's bill without contacting them and raising hell.

[ddgallion]

I hope I am not the only who believes this, and I am confident I am not, but anyone who truly believes in individual liberty and the rights of man, does not care one whit what religion, ethnicity, nationality or race someone is. A person should be judged by the content of their character.

RP is known, by those who have spent time with him, as the kindest, most gentle and most non-racist person they have ever known.

[bearhuntaa]

RP is playing this very smart. Anything more intense of a bill and it would be destined to fail. Small steps in the right direction is the best route to take with the mother of all money changers.

[bertly71]

Sunshine is the best sanitizer.

[RonPaulGeorgeRingo]

I'd vote for (libertarian) Ron Paul, but vote for a mainstream conservative (Reagan/Limbaugh/Palin) Republican? HELL NO!

ALL corporatist Rep/Dem should be voted OUT! Congress needs more people like (progressive/liberal) Kucinich and libertarian Paul, who actually share a good deal of common ground: foreign policy, MIC waste, individual rights, war on drugs, the Fed, etc. Kucinich and Paul should ditch their parties - for GOOD this time.

[JojahBoy]

@RonPaulGeorgeRingo

Kucinich is not for individual rights......no collectivist is. Individual liberty stands in direct opposition to collectivism.

[blowbackinevitable]

Wow rebelstang said he was a neocon ???

That is the first time i ever heard someone admit that???

I would be ashamed of myself just for being one let alone saying it ? What would Jesus do to the little brown people rebel or do you not believe?

[TheEbonicslover]

because Bernie Sanders is a thieving Jew

[slickbtk]

thieving jew is a bit redundant. its like saying that the water is wet

[goffnett]

@slickbtk Since ethnicity is so important, please share yours, that is, if you even know what breed you are. Or would you prefer that I ask what clan you belong to? Do you know your bloodlines? What strain or stock do you come from? Please feel free to brag on your mother and your dad, and your grand parents as well. Let the cat out of the bag. If I approve of your breed, I'll consider hating Jews.

[slickbtk]

lol, being a jew and/or jew minded has nothing to do with an ethnicity,it is a culture and mentality. obama is just as much of a power hungry jew as bush mccain and bernanke.I dont hate the innocent guy down the street named goldberg lol,I hate the greedy culture of corruption and power that goes hand in hand with the jewish culture dating back thousands of years. is it a coincedence that they have been eventually expelled from almost every country in history? or is everyone not as smart as you?

[smokinranger8]

As someone who has studied much Jewish history, grew up in a neighborhood that was primarily Jewish I can tell you you're full of falsehoods and weaken the cause for Ron Paul or Liberty if you are a part of it.

Also by the way greed is good as long as you aren't engaged in fraud or stealing. If you want to eliminate greed perhaps you'd rather no one makes a profit and we become communist?

Also correlation doesn't mean causation -greed to expelled. And they weren't expelled b/c of "greed".

[slickbtk]

greed is good and needed, but a culture of power and control over others is not. jews have a history of usery and exclusivity and thats what I take issue with. why were they expelled then? because of their sideburns? lol you adhere to this propaganda that nothing is about culture and everyone is equal in all ways. just becasue something is politically incorrect to point out or say doesnt make it false, infact in most cases it seems to make it true lol

[slickbtk]

if israel isnt the biggest example of this culture of power and parisidic existence then I dont know what is.can you name me a single other culture in the world that can or has caused as much trouble in the world per capita?can you tell me another culture who has managed to get other countries (the us especially) to somehow sacrifice blood and trillions to support its will to draw israel on the map? how can such a small % be so powerfull and manipulative without being powerfull and manipulative?

[TheEbonicslover]

It is obvious to us but you would be surprised how many have no clue what it means.

[smokinranger8]

take your racism elsewhere

[RebelStangII]

On this subject, I agree with R.P.

But the more he talks, the less I like him.

Esp. on our Military. Then he sounds like a liberal democrat. Yuk!

Maybe it's just the Neo-Con in me?

But Yes! End the fed, would be great.

[mikelunz]

The reason why I do not disagree with him on our military, is because he is not so much anti-military, as he is anti-wasting money in wars that are not in the best interest of the united states. That can be questionable though, when it comes down to us helping those in need, who cannot help themselves. In that, I believe in aiding the weak. However, I am against entangling alliances with countries to which we offer military support.

[spyletu]

your analysis is simply over-simplified on both foreign policy which directly affects civil liberties as well as ron paul's stance on it. sometimes a principled approach is best in solving a convoluted problem that involves other parties with their interests invested. i don't have time to go through everything but if you spent hours and hours listening to ron paul's debates and discussions before commenting you would understand a lot more than you do now. peace.

[spyletu]

he is not just anti money spending, he takes a constitutional approach to wars. but i misread your first sentence and i started my comment thinking you disagreed with him. anyway good day.

[mikelunz]

That is why Ron Paul's reasoning behind his military positions are not liberal democratic sounding, or liberal at all. They are just extremely conservative.

[RebelStangII]

@mikelunz ) Something to think about.

Esp. since it seems,

we became the worlds police.

For whatever reason.

Have a good one!

[muhls]

Its not like he hates our military? End The Fed yes.....but ending the empire is the bigger picture. well over 1 trillion dollars a year ...700+ bases in 150 countires? Endless...needsless wars...when will it end? We have spread ourselves to thin and like all throught history will fail. We are killing the dollar putting our children in debt and insighting hatred around the world. We cant police the world anymore. Our "goodness" isnt doing anything good. We must change policies.

[RebelStangII]

@muhls ) Yep! we're all over the place.

I did Enjoy, being stationed in West Germany.

We're in Europe & Asia, so we don't have to go back. Deployment takes awhile.

[puttaforknit]

Notice the last election a more electable rommney, was RNCed back room for a Mccain ... I didn't like either one, but I noticed... Kay Bailey H. is now being pushed , she sold out on last two major votes.. Jon Cornin stuck to his guns in *****.. I emailed her about the border she replied i have done more for the border than anyone.. ha,, she doesn;t mention the border anywhere while running...

[4GooMan]

PuttaForkInIt: Romney's problems were twofold: He couldn't get votes in the primaries and he had instituted a form of ObamaCare in Taxachussetts (that is now bankrupting the state). I'm not sure about "backroom deals" - the pool of candidates just didn't amount to much.

It's getting more and more difficult to attract successful people to put up with the media abuse and just plain bullshit from the libs.

[puttaforknit]

@4GooMan , Yeah the family is the big thing... It is perment loss of privacy..

[jmjfanss]

God I Wish JFK were still alive today.

[4GooMan]

Jmjfanss: I was very aware of the Kennedy presidency. And I wasn't all that impressed. But he wouldn't have been a globalist, I'm sure of that.

[4GooMan]

The FED is a secretive quasi government agency. That should be enough to consider it un-American. That it has such great power makes it even worse - diabolically un-American.

But it wouldn't be able to do jack if we hadn't been running budget deficits for most of the past 50 years.

I'm all for dumping the FED, but the more important issue is balancing the budget. And if the budget isn't balanced, dumping the FED will only leave a void needing to be filled with something worse.

[KamikazeKoscki]

The Rothschilds own & control the IMF & FED, the want the IMF to take over and then the UN, so ww3 can start. We need to simply vote all of them out of office.

[jmjfanss]

You got that right, we have got to vote 90% of congress out of power and who gives a fuck at what this RINO michael steele says, he is no conservative, he is a Republican in name only.

[EMPIRE0FLIES]

Playing favorites with the printing press. Absolute madness!

Ron Paul my President!

[tj5555555]

audit the fed then arrest them for treason. the proof is in the audit, i suspect that is why they demand secrecy. tj

[cazyblood3]

ron paul as some good insight about things

[clarkcolt45]

i think we should be optimistic, its a good thing that eyes are finally opening to some parts of the NWO.. it's not going to end here, but Rome was not built in one day either.

[KamikazeKoscki]

UN will be taking over, auditing the IMF or FED will not help, because the UN is geting ready to take over! Ron Paul is a liar, a shill, the illuminati want ww3, it's all in the bible. We need to vote these clever traitors out of office evereyone of them. Ron Paul never signed up for Impeachment, he is a freemason, People wake up before more & more people die at the hands of the Vatican, Rothschild and Global Elites. The want to North American agreement to be pushed forward!

[jmjfanss]

Ron Paul did co-sponsor dennis kucinich's bill for impeachment against George W. Bush.

ron paul is no freemason.

[BradNC11175]

jmjfanss: I have seen some of this anti Ron Paul crap. The liberals liked him a year ago when Ron Paul was a GW critic and calling the GOP on it's bluff and the crap the Neo Cons had been pulling. But one year later he is looking like more and more of a threat to Clinton, Pelosi & Obama and they are trying to smeer him as much as possible. They will put it on thicker & heavier as we get closer to November 2012.

[jmjfanss]

There is no difference between the left & right, both are bought and paid for by the bankers.

Can't wait for 2010 & 2012.

if there's gonna be an election.

[BradNC11175]

JMJ: If the true conservatives can kick those worthless fuckin NeoCons out of the Republican Party there is a chance of turning things around. Perhaps that may force the Democrats to reform and kick out the socialists. The Republicans have some house cleaning to do first & get rid of scumbag Neo Cons. Sarah Palin is nothing short of a Neo Con cheerleader & they are pushing her hard. If we don't get rid of the Neo Cons Republican victories in 2010-12 & beyond we'll still be FUBAR.

[jmjfanss]

We got to kick 90% of congress out of power in 2010, throw them all out.

[4GooMan]

Jmjfanss: Careful. There are some Repubs a bit too far to the left for me, but in the House, almost every Dem bill of import has been opposed by an almost unanimous opposition. The Senate is much the same way.

[4GooMan]

Brad: I certainly hope the Repubs aren't so stupid as to consider nominating Palin. Though I do feel she is a very valuable and effective pit bull against the left, I don't see the requisite administrative experience nor any coherent policy positions.

The "neo-cons" definitely need to be consigned to the dustbin of history. And the traitorous Lindsey Graham needs to be the first to go.

Can't quite figure why South Carolina could elect him and Jim DeMint - two polar opposites.

[jmjfanss]

Nope it's the elite that is selecting candidates, we are being sold out by the globalists.

[4GooMan]

Jmjfanss: The people still select their members of the House of Representatives without globalist influence.

The Senate is a bit different, but we are at a unique point in history where even they are beginning to listen to the people.

Reagan was the last President to be independent of what was then called the Tri-Lateral Commission.

If a candidate had the charisma to challenge the American people to SACRIFICE to avoid foreign rule of any sort, I believe the people would respond.

[4GooMan]

Brad: Ron Paul would probably make an excellent administator as President. But he'll never get there.

I watched JFK come from almost unknown to win the 1960 election. Jimmy Carter was an unknown but won in 1976. Ronaldas Maximus Reagan had not held political office in over a decade when he won in 1980. Slick Willy was a hick from Arkansas. And PrezBO was a bumbling community organizer just a few years ago.

All these Presidents had one thing in common - Fire in the Belly. RP lacks such.

[jmjfanss]

At Least reagan did things his way, unlike the rest of the bums.

[4GooMan]

Jmjfanss: The Gipper was head and shoulders above the Presidents of the past century. Had he had the support of a Repub controlled House of Reps, we would be living in an entirely different country today. Much of his vision for the country was squandered by Tip O'Neill and the Dems.

Now that we have Jimmy Carter II, we need somebody of his calibre to rescue the nation even more.

[jmjfanss]

And that is certainly not sarah palin, she is a fraud and a neo-con.

Ron Paul is the only hope.

[4GooMan]

Jmjfanss: I would not call Palin a fraud, because I really don't hear any vision being esposed by her. I hesitate to call her a neo-con (though she may well be) because she has yet to promote a coherent policy position on anything.

The only hope is to restore the coalition of voters that Reagan had assembled. Bush I abandoned it and Ross Perot isolated that part. Bush II barely got in twice due to avoiding Reagan's successful strategy. Repubs still think they know better than that formula.

[BradNC11175]

4GooMan: You may be right. But then again G.W. Bush was a bumbling bafoon while giving public addresses. G.H.W. Bush was about as dull as watching paint dry. Nothing I ever saw or heard from a Nixon or Eisenhower speech that was particularly exciting. Not that I am singing the praises of any of the above but bravado is not always the key ingredient. Especially when Americans have seen the false Bravado of Slick Willie & Obama. Possibly people will have had enough of style & will choose substance

[4GooMan]

Brad: I wasn't bespeaking charisma, though RP could certainly use a strong dose of that.

I'm talking about the grind of a long, hard fought campaign. The clawing, backbiting and the world of the 10 second sound bite.

Reagan did it at his age by surrounding himself with some of the most gifted conservative minds in the country. I don't see that RP has developed any such cadre.

[BradNC11175]

4GooMan: for that I am not sure he has been duely tested yet. Remember, Ron Paul has been around a long time and gone it as a Republican, an Independent and then again as a Republican. Truth be told most people didn't know a whole lot about him untill 2008. It wasn't till then that he truely made a name for himself, at least outside of his Congressional District in Texas. Reagan did as you said but I imagine he had to prove himself to be one to be taken seriously on the national level first.

[4GooMan]

Brad: Reagan had been a successful governor of a state with an economy larger than most countries. He gave an inspiring speech at the '64 Repub convention.

He broke into radio at an early age, had a few B movies and a television series. He understood PR and presentation like few others. He projected strength, trust and a firm yet benevolent demeanor. He put people at ease and they put their faith in him.

RP is excellent one on one and in small groups, but deficient at rallying the masses

[puttaforknit]

@4GooMan Reagan , lived ww2... remembered the sacrifice.. "We are only one generation away from" .. anyway good stuff here.. Mr. G tear down... that by the way was an ad lib to the speech..

[BradNC11175]

4GooMan: I see your point with Paul, but I say he has just come in to the point where he has seen any real exposure within the two years. He is already becomming more & more under fire. You may be right, but he hasn't been "branded by fire" as of yet and it will be interesting to see how RP responds. He did well at the Republican debates in 08 but thats the only time he's really been tested. He put Juliani in his place. I have to agree on RP's foreign policy in a way & waterboarding stance.

[KamikazeKoscki]

No he did not sign up or co-sponsor it, Ron Paul clearly indicated in several Youtube video's that it was a waste of time! Also he back Reagon who was a union buster, also he was for no regulations=against the Sarbes-Oxley laws

[jmjfanss]

Because reagan back in the way was against the new world order, before he became one, can you believe this, the United Nations supports the dangerous law of the sea treaty.

[KamikazeKoscki]

Ron Paul will rejects that 911 was an inside job!

[jmjfanss]

Because we got to expose the corrupt federal reserve first, that's why ron paul believes the federal reserve is really responsible for this mess.

[4GooMan]

Kam: If 9/11 was an inside job, then the moon is made of green cheese.

Same kinda nonsense.

[4GooMan]

Kam: Reagan was not a union buster. He dealt as necessary with ONE union that had broken it's contract.