Ron Paul on C-SPAN's Newsmakers (Pt. 2) 12/19/10

[mcbain434444]

LOl at the end of the video when she asked him about how Ben bernanke was doing at his job. Ron Paul looked like he was going to say "are you fucking kidding me? Get that piece of shit out of here."

[mcbain434444]

LOL that brit is clueless.

[a4finger]

Ron Paul for President 2012!

[bjarnet3]

00:01 How can it be any worse than it is today... Idiot

[Baseliner]

You people need to get real. The money power has no incentive to oblige and let Ron Paul ruin all the usurious fun.

And if you think you'll VOTE out the usurers and their helpers, then your naivete is that of the slave they prefer you to stay. In fact, they hope you remain so, and keep trying to "VOTE" in someone to kick THEM out.

[jibbi4one]

Ron Paul was too kind to describe the warfare/welfare system. Use words like parasitic, sick, criminal, for slow inbred americans to subscribe to.

[bertly71]

The Fed and our politicians have been rewarding failure, by picking winners and losers. The losers have been the taxpayers.

[PESNetwork]

What an amazing statesman.

Ron Paul for President, 2012 !!!!

[btheninger]

Did that guy mutter anarchy at the end?

[jameslrd]

@btheninger Yes, He did.

[btheninger]

@jameslrd Wow how unprofessional

[frostyuk2007]

@btheninger haha, yeah I spotted that too. 13.24 Anarchy!!!

[yakyakyak69]

Is Dr. Paul the ONLY politician who understands the problem is a monopolistic secret entity controlling the currency & credit supply of the (formally) most prosperous nation on the planet?

Or is Dr. Paul the ONLY politician that is not a crony of the Fed?

[nick10463]

Who is that one single moron that rated this video "dislike"? Wow!

[bjarnet3]

Ron Paul for president, 2008 [ _ ] , 2012 [ X ]

[mbdulka]

Can't wait until Dr. Paul starts pawning those bankers ... Cry havoc! And let loose Dr. Paul! ;-)

[LesPaul2006]

If the Fed is ended and the Market starts to regulate interest rates well... at fist, out of the huge mess that is American economy, things will get very bad. Very. But only at first. As a good doctor, Dr. Paul intervenes with the proper cure, even if it's painful, he knows that it will heal and be good.

[zenviainternet]

Ron Paul is a man with TRUE VISION. Please Dr. Paul, be our president in 2012!

[takadi]

There were more recessions before the fed, but they were much less severe. Sometimes the fed gets it right, but when they do get it wrong, it pretty much fucks up everything everywhere. The risk of the fed's existence greatly outweighs its potential benefits

[MannyMarvel]

the interveiwers dont understand basic economic principles. And at about 4minutes into the video Ron Paul loses my confidence where he states not giving congress the ability to print and issue money. This important point has me concluding that he also is bought off by the money changers he claims to oppose. Folks the reason JFK and Abe Lincoln were killed was because they ordered treasury backed notes to pay off the national defecit. wow what a let down, folks start looking for the second paddle

[cowboy1165]

@MannyMarvel If you follow Paul's past interviews you can see that he makes sense. If people are worried about Congress controlling money and issuance policies, then allow the private mints to do it. This is happening now. If precious metals (which are still constitutional) were to compete against a fiat dollar the private mints can coin money to particular lawful standards. You could send them "junk gold and silver" (and for a press fee) they could send you back legal tender. (cont. below)

[cowboy1165]

....Which Congress would still have the responsibility to inspect mint tolerances for fraud. (weights and measures) In my dealings with private mints such as NWTM or APMEX, I have never been disappointed. Since 1910, The money changers have been in bed with governments, and that is the system he opposes.

[roseagain2]

Ron Paul for President!

[n0us3rn4m3s4v41l4bl3]

How could we have more severe recessions before the Fed? The most severe was the great depression and that was in the late 20's and early 30's. The Fed started in 1913-1915.

[VisionsOfTheNobody]

Ron Paul knows best about the economy, another reason why this man has to be president of the US in 2012.

[namehoela]

Good interview.

[eagleeye1975]

Is it just me, or is Robin Harding really geeky?

[sniper6081]

How many times does Ron Paul have to answer these same questions before the Keynesians finally get it?

[bowtie728]

I love when the reporters have some clue about history and RP can still correct them

[WarDogLRS]

SECTION 19. And be it further enacted, That if any of the gold or silver coins which shall be struck or coined at the said mint shall be debased or made worse as to the proportion of fine gold or fine silver therein contained, or shall be of less weight or value than the same ought to be pursuant to the directions of this act

[WarDogLRS]

through the default or with the connivance of any of the officers or persons who shall be employed at the said mint, for the purpose of profit or gain, or otherwise with a fraudulent intent, * * * every such officer or person who shall be guilty of any * * * of the said offenses, shall be deemed guilty of felony, and shall suffer death.

[cowboy1165]

@WarDogLRS The funny thing is, that when talking about the founders of this country, people are reminded that they owned slaves which was later abolished for it's immoral implications. Yet all of the political and elitist actors since then that advocate the move away from the constitution which demanded sound money HAVE ENSLAVED EVERYONE that the fiat dollar touches. That also includes the shores of other continents...Death to the new slave owners.

[linkin622]

Ron Paul is too good to be POTUS....it would be a waste of talent

[SteveXnycperformance]

ANDREW JACKSON had bigger problem than today,because every man had a gun with no cooperation in Jackson days,but we still live through generation to see today militant bankers.He still save the nation from the Masses(people) with weapon(guns) of destruction(economic death). Watch out for the IMF. The UN is behind the curtain. NATO is at the door with they founders(USA army).Lincoln would FEAR Jackson and since most love able, Jackson will rule in the hearts and minds of bankers.

[MishuTaste]

I'm glad to see Ron Paul on television educating America.

[MaurDL]

Pretty good interview. Sound was too low but I liked the questions they asked, got some very good answers out of Dr. Paul. Unfortunately don't know how many people watch C-Span to benefit from this wizened exchange.

[cowboy1165]

@MaurDL That's what the internet and email are for. Email the links to all of your contact addresses. At least until they control that too.

[Daniel44125]

Excellent interview

[Budvb]

Deflation would be great for We the People, but the flip of the coin is that it would Destroy the Banks and those trying to pay back Debt. The banks have no choice but to keep expanding/Inflation the money supply. So how can we make the right decission when it will destroy their well being, we are so set to Doom Mode and we won't turn it off untill we see ourselves together here!

[famasdan]

lol the way Robin" looks just makes you wanna see him get punched

I hope ron paul gets something accomplished.

[EdMan2012]

let's hear another congressman talk about economics and monetary policy with as much conviction and knowledge as Dr. Ron Paul. We won't because congress is absolutely clueless to how a real free market capitalist economy is supposed to work. Some of them don't even know how the Fed Works.

[EvilResult]

the problem i see is that Paul trying to tell the interviewers that the market CAN manage interest rates... the interviewers as i see it don't know HOW a market sets interest rates and because of this lack of knowledge they can't see how dangerous the artificial setting of interest rates are.

[kellerj0]

@EvilResult I would agree. It seems it has never occurred to them that trying to control markets is a bad idea. The result is their questions aren't helpful or progressive. Instead its "Congressman Paul, what on earth will we do without the "help" of the fed?" Just sad.

[TheJosephPrice]

@kellerj0

Controlling markets worked very well in Germany or the Soviet Union? of course not.

Paul's biggest issue with the Federal Reserve is the fact it's a Privately owned bank that issues credit and currency to The U.S, and then gets paid interest(Example, The Federal Income tax).

[Wcoltd]

@EvilResult The problem occurs when economists impose their own standards on what the goals of the market should be.

[Dannyboy8155]

Supply and demand are the root of everything. The FED cant tell someone "you want this". People need what they need and want what they want. Suppliers fulfill this demand to be able to get what they want themselves. Money facilitates the transfer of the GDP, and therefore should grow only so much as GDP. If conditions are bad (war), government should increase taxes or sell bonds, not print more money. With fair boundaries, DEMAND for capital in relation to supply will adequately set int. rates.

[Dannyboy8155]

The key is to have a stable supply of money to correspond with the demand of money. While the supply of money is erratic, how can the true interest rate in relation to demand be determined? Many bankers know this, but until we do something about it.. they will perpetuate this system because it makes the people at the top of it extremely wealthy and powerful.

[TheBrotherMouzone]

Ron Paul shows his wisdom yet again.

[ibislee]

Look up Federal Reserve in your phone book under government listings and you will not find it. Then look it up under the local business listings and depending where you live, you will find the Fed Reserve listed on the same page as Federal Express!?!

[selfrealizedexile]

supply-demand equilibrium. So, if one understands this, why then would an entity which can stop this process and further stimulate overconsumption and under (or even negative) savings reduce both the amount and magnitude of recessions? Recessions are, afterall, the cure for an economy. So, it's quite comical we try so hard to avoid them in our country.

The recessions and bank runs of the 1800s were a form of market discipline on fraudulent banks.

[TheBullionBull]

@selfrealizedexile I think that is a good explanation. Many of those "panics" only affected the banking system and businesses directly tied in to the individual banks. They were not drawn-out periods of mass unemployment or negative GDP like we have today.

[cowboy1165]

@selfrealizedexile It's amazing how some people see the medicine as the poison and die, when ironically the cure was in front of them the whole time.

[selfrealizedexile]

cause another recession with further overconsumption from discoordinated prices. The gap between savings and loanable funds will appear yet again and be even wider after input prices increase and unprofitable ventures will yet again go bust.

You will have a massive "credit crunch" which is nothing but the market trying to raise interest rates to limit borrowing and stimulate savings. The market is trying to bring the amount of savings and borrowing in unison. This is nothing but

[selfrealizedexile]

More severe recessions without central banking? lolwut; that does not logically follow.

Indeed, if interest rates are controlled absent a market, you will have a growing chasm between savings and loanable funds. Why save if I'm getting a 0-1% return? Why not borrow if I only have to pay back 0-1% plus the principle?

If you try to inflate away this deficiency between savings and loans ("injecting credit / liquidity"), you will merely bid up prices as that credit circulates. This will

[glasseay]

not Ron Paul but the other fellow got funny funny facial expresions