@Silicondoc@maryflny Furthermore, not all inflation is bad. A consistent inflation rate of <2% is actually healthy for the economy, as it drives consumption. Ours has been hovering in the ballpark of around 2-2.5%, even with the printing of trillions of dollars. Ron Paul is absolutely right about many things and light years better than any other GOP candidate, but he's wrong about the Fed. It needs to be regulated more (secret bailouts aren't cool) but getting rid of it would be a disaster.
@Silicondoc@maryflny "A weaker dollar hurts Americans on foreign money markets" actually says what both of you did. When the dollar is weak imported goods and vacations abroad are more expensive for Americans. However, conversely, American goods can be sold more cheaply abroad, which helps American manufacturers. Now you tell me which is better for our economy, a more expensive vacation for you or an increased demand for American products, which leads to the demand for more jobs.
@Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
"a weaker dollar only hurts consumers on foreign money markets???" i'm guessing you are not an American living in the United States. it would explain your misunderstanding and disconnect with reality... i think you should take a listen to the video on inflation where Bernake agrees with Dr. Ron Paul that inflation is a tax...
"a weaker dollar only hurts consumers on foreign money markets???" i'm guessing you are not an American living in the United States. it would explain your misunderstanding and disconnect with reality... i think you should take a listen to the video on inflation where Bernake agrees with Dr. Ron Paul that inflation is a tax...
@maryflny Umm.. he said "if you're buying foreign products" - so that's like way way way worse than what you thought you heard - because that is all anyone can buy is foreign products...
They LIE on CPI so they don't have to raise soc sec and all the pensions tied to it - and to keep printing like mad monkeys and stealing and pretending they are clean.... It's out of control because computers allow them to massively manipulate with plug in floating balloon runs. FUCK EM FOREVER
@Silicondoc@Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
I get the feeling a lot of people aren't understanding what's happening in this video. Bernanke isn't silent because Paul is "handing it to him", he's indulging a raving Ron Paul. The exchange over the devaluation of the dollar is a perfect example. A weaker dollar only hurts consumers on foreign money markets. Bernanke tries to explain this, but Paul just doesn't get it. He responds with something about "increased living cost" which has next to nothing to do with a weaker dollar.
@brandinho4soccer YOU'RE AN IDIOT. " the effect it has on their buying power is it makes foreign goods more expensive" BEN BERNAKE That's us cit with us dollars buying WALMART - YOU STUPID FUCK. Since so much is made overseas, BERNAKE just shoved the gignatic chinko sneaker in his yapper and YOU FAILED TO NOTICE.
The Federal Reserve is an illegal entity. Their very nature is to counterfeit money. It's sad that this entity has actually made it this far, let alone, come into existence. And not just The Federal Reserve, but also all banks like it that think that they can carry out these deceitfully devilish actions. It's a shame how Ron Paul has to actually explain and argue the dyer consequences of a central bank and banks like it. That truly tells you something about idiocy & ignorance in this country.
I love how Bernanke is busy picking his nose when Ron Paul is lecturing him. It takes a special kind of arrogance to go lecture a guy who trains top economists and is considered an authority on Monetary Economics by most Monetary economists. Then especially when citing quacks (there isn't a single respected department that has a program in Austrian economics).
In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
Anyone who was like me and didn't understand everything ron paul talks about with monetary policy because he only gets like 2 minutes to explain it should google "hmscoop.com"....really good cut to the chase overview....i'm a firm believer in his economic beliefs.
im a hip hop artist, i produced a song called "Audit the FED". just type that in with J.Skillz. i'm taking the truth and politics to my music. It needs to be spread. I'm very informative and I'm also very passionate about my art and I want to share knowledge. POWER IS IN THE PEOPLE! Go check out my video, promise you, you won't be disappointed.
Soon you're paper money will be worth as much as the paper it is printed on. You CANNOT print silver! Protect you're wealth people! Buy Silver if you're low/middle class and by gold if you're upper class!
Ron Paul accuses Bernankey of ROBBING the American people by destroying the value of our dollar, he doesnt deny he is a thief at all, he just smirks and talks about the "typica American" Who is stupid enough to trust the counterfit money he gives us.
Ironic how as soon as Ron says "beware, they will increase the money supply, but they will make you concentrate on prices" a bunch of pricing stats pop in on the left side of the video
Dumb ass Americans have a brilliant mind like Ron Paul in the back yard yet they vote for dumb ass Bush and Obama....lol......that shows you how stupid these people are as a nation......wait, I forgot they also believe in Christianity. LMFAO!!!
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson. Crash jp Morgan/ the fed, buy silver.
@gary83uk I'll tell you Ron Paul knows more about economics than bernanke, you don't need more than a 2nd grade education to understand it either. Go look up article 1 section 8 of our constitution before you pretend to know anything.
The YouTube video WHY WE ARE IN SO MUCH DEBT provides the simplest and clearest explanation yet of what our monetary system is, and why it must be restored to Constitutional principles. Highly recommended viewing for all.
I was at a book store, & I had to choose between a book called "The Capitalist Bible" or "In Fed We Trust" by Bernake. But I didn't want to laugh because of the stupidity of Keynesian economics. So I chose against Bernake's book. But Im not learning anything with Capitalist Bible. I just kinda taught myself about economics while thinking enough about it.
Ron Paul leaves out the part about the fact that most money newly created(credit) is simply debt. So debt grows with the money supply and that leads to a whole whack of other problems.
Printing moneys great for those that get it first, but as it gets passed around it devalues the money you have in your pocket, bank, and what you get from work, its clearly a hidden TAX, and in fact is destroying our country, just so Obama can look good, what happens after hes gone and were left holding the bill?
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What Bernanke is saying is that inflation is NOT a problem as long as it is kept relatively low. If the dollar is devalued that affects both the producer and the consumer with an overall effect of nothing, provided both are operating domestically. The trade deficit/surplus is the only major measurement that is effected by a strong/weak dollar. Ron Paul likes to talks like he knows economics, yet he is in favor of a gold-backed currency? What is this the 18th century?
James, So an economy predicated on imagination is preferabe? Speculation, Derivatives, and other Investment Vehicles, created through de-regulation, while the Fed Stoked the Flames. So, a purposeful destruction of the middle class, a depression, and a welcoming of a beauracratic, communitarianism is your idea of the 21st century? That spells a dark future if you buy into that.
I like Ron Paul however there are two things I do not like. Terror is bad and should be fought on any front and voting for him as a third party candidate will only split the vote and let the incompetent Democrats win. Why vote then for third party candidates if the result is worse?
Scratch that nose Bernanke, scratch it real good. Love that smug look little, 'I don't care about the elders and retirees. Big deal.' Disgraceful he is.
we need to invest in something like silver for a monetary system or the metals that will be used in computers since this is the way we are going just a thought and we should be able to see the spending of the federal reserve just making money that's the stupidest thing ive ever heard and im not a Harvard grad
See what Ben Bernanke says here? The guy literally says that printing more dollars raises prices of anything...NOT denominated in dollars! He gets this ass backwards.
Much media attention has been brought to the bonuses of AIG, (which amount to about 700 billion, about 0.1 Trillion), but the Federal Reserve recently lent out and risked about 2.2 Trillion dollars without the knowledge of where this money is going. Who this money is lent to is not decided by congress. The FED does not consist of elected officials. Please contact your congressional representatives about HR 1207, the Federal Reserve Transparency Act of 2009
-- DOLLAR is fraud , hardened by buyers of USA debt around the world , NOW states around the world , see that USA can not pay it's debt , China and JAPAn will not buy it anymore cause it hurts them. 2 trillion dollars in gold , tomorow may be 10 trillion ,, Dollar going down compared to gold price.
chunhaylee -- YOU talk jiberish ,, HOW come than Swiss central bank holds 2 around 2 trillion dollars in Gold ,, and SWISS bank is hard as steel ,,,, YOU must check your facts before posting shit ,,,
Bernanke...CROOK!...nothing but a crook!! A human being that has been bought by the international banking cartel. JFK tried to put our currency back on a firm foundation by backing the 2 dollar bill with silver and then flooding the market with them. Who wouldn't accept a 2 dollar silver certificate versus a federal reserve note? No wonder JFK was murdered!!! Who wants more monopoly money?
The most breathtaking part of this is Ben Bernanke telling Ron Paul that money printing only affects the prices of IMPORTS. That is one of the biggest exhibitions of economic crankism I have seen. Bernanke belongs in jail.
ben bernanke does not know what he is talking about. george bush did not know what he is talking about. barack does not know what he is talking about. ron paul knows what he is talking about.
You know, as I watch this again and again, I can't help but believe that Bernanke may actually not have evil intent. I think he really is just cognitively deficient. I say that because I couldn't see somebody making such embarrassing remarks unless they REALLY BELIEVED IT. If you were, say, running for political office, or in such a position as Bernanke, would you go on television , in front of millions of people, and start talking about the flying unicorns? You would lose all credibility.
It is to true. Our money need to go back on the gold standard. Today it is becoming worthless the more he prints the less its worth. Our young people will suffer from the sins of today.
I love the nervous laughing and nose-rubbing by bernacke at the end of the video. it's all true but we are smug enough to know that the media will not give Paul a snowballs chance in hell.
ummmm no, we need to print our own money. Money is whatever all people decide to use as money. our problem is having the federal reserve control our money and charging us so called "interest", if our government controlled the money supply directly, then there would be no "interest"
PWNED! The College Republicans and College Libertarians here on campus are going to try to team up to bring Ron Paul and/or Peter Schiff to campus! W00T!!!
Friedrich A. Hayek (1899-1992) Austrian Economist, Author and 1974 Nobel Prize-Winner for Economics
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
Ron Paul predicted the current economic crisis, listening to him we could have been far more prepared and preventative of the current economic situation.
Ron Paul is one of the smartest men congress has seen in living generations.
the whole idea of money growth is fraud. banks should just shut down. so what if everyone is screwed. How do you fight inflation with more inflation? he didn't answer the question. Can we even survive a day without money growth? USA is gonna be a battle field in 2012 when everyone will fight for resources.
The problem is is the way the federal reserve act law was written Ben doesn't have to give a whole lot of info and he always falls back to the excuse at 4:12 the congress or the federal reserve act tells us to look at prices. This was one of the best blows I've seen to Ben Bernanke.
The fact that the Austrian School of economics, from which Ron Paul is drawing the majority of his argument, makes so much sense precludes it from ever being adopted into mainstream policy. Fiat money is simply too tempting to those in the higher circles of government.
he turned down vice presidency notions and the notion of running under a third party. unfortunately, conventional logic presumes a "no thank you" for a cabinet position.
not to mention the fact that obama and mccain want to avoid him like the plague. it would take a barr or nader in the white house to give a good idea like this a shot in hell.
what i dont understand is that why most of you american assholes ignore this man!!MAN if he was in my country running for president,i would surely vote for him!!!
Because he was never really given a fair shot by the media. Because his ideas and true Patriotism is based only on the constitution and that scares powerful people. Because it would appear that many an actor on political stage in actuality hate our country and the Constitution. Because these same pretend patriots, practice political witchcraft seducing the minds of the people playing both ends against the middle. and many many other reasons. they propagandize media to infinite iteration.
what i dont understand is that why most of you american assholes ignore this man!!MAN if he was in my country running for president,i would surely vote for him!!!
The transfer of power from senile Greenspan to Bernanke allowed a small window of time for people to rob the bank with shady mortgages. A million dollar loan to someone with no income? FIAT currency always ends bad.
Do you want hope?do you want something better?Vote for RON PAUL.if this is your favorite canidate for pres. join my group now it's called,RON PAUL/HOPE FOR AMERICA.Join today freedom is just a few clicks away.-This is joshua pres. of the club and i approve this comment
I think you are probably correct. Ron Paul is more of a free market thinker while Obama still backs this idiotic housing bailout nonsense.
I did get a kick out of Sen. Bunning's comments a few days ago when he was speaking to Bernanke. I think he said something along the lines of: "when I read the report on the Fed actions, I thought I had woken up in France!"
I love genius Ben's argument. When the price of the dollar falls the price of consumers goods fall. Well, in an ideal world that would be the case. The reality is that eventually the price of goods rise. Commodities have been sky rocketing. I never thought much of genius Ben.
As the famous Harvard and Yale graduate who launched a war of aggression because God asked him to, said: "The question must be asked... Is our children learning?".
some people consider ron paul to be a racist, because of some comments that were attached to his district-campagin during the 90-ties or perhaps because he is against the curent monetery system (FED).
Hes saying such uncovinient truths, that nobody in a high position in government can support R. Paul. If they did, well thered be a mega crisis, conscious crisis, because all of a sudden the real facts would come out. People would go:" damn ud been lying to us all that time?!?!?!" basically, Ron Paul is saying the truth, everybody in politics knows that, but they cant support him, becuase theyd all loose their jobs. Every other democrat or republican have their hands tied up.
Bernanke always seems shameful to me. Like a used car salesman who knows he's selling you a lemon, but still knows it's wrong. But it doesnt bother him enough to not sell you the lemon.
Bernanke secretly agrees with Ron Paul, but politics doesn't allow him to speak out. He love his job more than his Country. He should do the right thing and speak the truth.
i've seen a large increase in the amount of people against the FEDERAL RESERVE... good =D. If we continue to get the information out there, hopefully we will see a victory in the near future.
"If somebody has their wealth in dollars and they are going to buy their consumer goods in dollars, and they are the typical American, the decline in the dollar...the only effect it has on their buying power is that it makes imported goods more expensive"
WE don't but it's made five generations of shylock bankers and their investors fabulously wealthy on all our backs who got NOTHING out of it ever but trillions in compounding debt redounding to the unborn.
I have a question: If the FED creates variances in unexpected interest rates, which in turn causes mal-investment and debases the value of the currency. Moreover, the banks are bailed out through the fractional reserve system rendering what could have been a gain into a loss. How are you suppose to justify the current fiat system as having the ability to solve this crisis when the FED has only acted as a lever for appropriating and ultimately monopolizing our currency?
BOYS AND GIRLS, alan greenspan used to walk to the FOMC meeting with his black attache, BUT BEN BERNANKE AND HIS INLFATION DOVES FLY TO THEIR ROOST JUST LIKE THE MONKEYS FROM THE WIZARD OF OZ!
Watch the upper left corner, OIL at $97 a barrel, now, just some 5 months later, oil is at almost $20 more expensive at $116 a barrel... 1:05 "Inflation is live and well." No kidding! Manipulated Media snubbed Ron.
I give Berneke credit..he showed paul respect and tried not to laugh at him like the voters have been doing to paul in this years primaries..paul is old and on his way out and his ideas are 18th century. There are far too many over the hill folks like paul in our government, but unlike paul the government has respect and concern for our seniors, so therefore they humor folks like paul..fortunately this guy paul will soon be gone
paul is out of touch with the way our economy works today...and even in the best economy his position on social programs would have people homeless and starving in the streets
99% of homeless people chose to be homeless...there as so damn many good jobs available here that companies are offering sign on bonsus to come work for them..you can stop the fear mongering
The USA borrows it's entire budget from a PRIVATE bank called the Federal Reserve. Why do we borrow money from a self-serving private bank when We, The People, as a nation have the constitutional authority to print and distribute our own money? The Federal Reserve: It's not federal; and there is no reserve. Disband this criminal enterprise immediately. Seize all it's assets. And throw the crooks running it and the congressional representatives supporting it behind bars where they belong!
Would you believe this. Here's a guy elected by the people vs chosen by the president. If you can't see the ridiculousness of this situation then it may be a bit late for you. 15-20 years ago people used to talk about this future. Step aside folks. This will be fixed by Generation X the torch has been passed to a new generation of Americdans!
And we will not go quietly into the night like the older generations. Letting these subtle money changers control and legally own our precious little time. This is going to be the greatest battle we have ever known. Time to drop your Playstations. We are slaves no more!
Its to late . The fed PWNS all americans asses for ever. 70 percent of your GDP goes to the fed. In canada same thing we owe 65 percent of our gdp to debt. Central banks PWN allour asses.
Ron Paul finally got heard by the people, but right now he needs to stop the dollar issue because he cares more about his dollar in his pocket than yours. if the FED don't cut rate right now, housing, mortgage, financial market, US economy will fall into deeeeep recession, so Ron need to be quiet for now. Greenspan left, damage done, no need to bitch now
Ron Paul finally got heard by the people, but right now he needs to stop the dollar issue because he cares more about his dollar in his pocket than yours. if the FED don't cut rate right now, housing, mortgage, financial market, US economy will fall into deeeeep recession, so Ron need to be quiet for now. Greenspan left, damage done, no need to bitch now
Banks loan money they don't have. Then they foreclose on people's property when they don't get "paid back". Don't believe me? 14th edition Encyclopedia Britannica: "Banks create credit. It is a mistake to suppose that bank credit is created to any extent by deposits of money into the banks. A loan made by a bank is a clear addition to the amount of money in the community." More dollars = inflation, a secret tax on the people. Google: "Fractional Reserve Banking" and "Federal Reserve Fraud"
The "Fed" is an unconstitutional, illegal monopoly on the creation of money. Our constitution specifically states that only Congress can create money, only in gold coin. What has happened since the Fed has been running things is that wealth has been cleverly stolen from the working man and woman and funneled into the pockets of rich bankers. They run the show, not politicians! Google Video: Money as Debt - Fiat Empire - Monopoly Men - The Money Masters - Freedom to Fascism - Zeitgeist.
Why can't you just be glad that the word is getting out there? Why do you have to act all cocky because you "knew it all along"? Attitude like that is NOT gonna help the rest of us get the word out.
it is a very delicate process talking on tv - most people have a very low concentration span - ron paul is a very enficeint speaker - obviously you are one with a lack thereof
lol...bernanke had nothingto say at the end...he just nodded his head...and he knew he was pulling stuff out of his ass when he started talking about how accurate the CPI numbers are (in the beginning of his response)....notice the nervous jitter right after he says it...
4:45 is why I love this man. While Obama, Clinton, and McCain walk around with their plastic smiles doing photo ops with babies, and specific minorities, or empty speeches at auto manufacturing plants, Ron Paul actually GIVES A FUCK ABOUT HIS FELLOW AMERICANS. GIVE A FUCK ABOUT OUR WELFARE.
@Silicondoc @maryflny Furthermore, not all inflation is bad. A consistent inflation rate of <2% is actually healthy for the economy, as it drives consumption. Ours has been hovering in the ballpark of around 2-2.5%, even with the printing of trillions of dollars. Ron Paul is absolutely right about many things and light years better than any other GOP candidate, but he's wrong about the Fed. It needs to be regulated more (secret bailouts aren't cool) but getting rid of it would be a disaster.
brandinho4soccer 1 month ago
@Silicondoc @maryflny "A weaker dollar hurts Americans on foreign money markets" actually says what both of you did. When the dollar is weak imported goods and vacations abroad are more expensive for Americans. However, conversely, American goods can be sold more cheaply abroad, which helps American manufacturers. Now you tell me which is better for our economy, a more expensive vacation for you or an increased demand for American products, which leads to the demand for more jobs.
brandinho4soccer 1 month ago
@Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
maryflny 1 month ago
3:00 to 3:50! owwwww owwwwww! you my boi ron paul!
branbnisbk 1 month ago
Immediately after Ben Bernanke was driven by limo to his mansion made out of gold.
ClassActionHero 2 months ago
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"a weaker dollar only hurts consumers on foreign money markets???" i'm guessing you are not an American living in the United States. it would explain your misunderstanding and disconnect with reality... i think you should take a listen to the video on inflation where Bernake agrees with Dr. Ron Paul that inflation is a tax...
Ron Paul 2012 or Bu$t!!!
maryflny 3 months ago
"a weaker dollar only hurts consumers on foreign money markets???" i'm guessing you are not an American living in the United States. it would explain your misunderstanding and disconnect with reality... i think you should take a listen to the video on inflation where Bernake agrees with Dr. Ron Paul that inflation is a tax...
maryflny 3 months ago
@maryflny Umm.. he said "if you're buying foreign products" - so that's like way way way worse than what you thought you heard - because that is all anyone can buy is foreign products...
They LIE on CPI so they don't have to raise soc sec and all the pensions tied to it - and to keep printing like mad monkeys and stealing and pretending they are clean.... It's out of control because computers allow them to massively manipulate with plug in floating balloon runs. FUCK EM FOREVER
Silicondoc 1 month ago
@Silicondoc @Silicondoc The quote in my comment were taken from a prior posting. If you would have read a few comments prior to my posting, you would know that my response was to BRANDINHO4SOCCER. I am WELL aware of the lies and games of this government, which is why I SUPPORT RON PAUL.
maryflny 1 month ago
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~ * ~ * ~ *~ CALLING ALL RON PAUL SUPPORTERS! ~ * ~ * ~ * ~
Get your butts over to ronpaul2012 . com and donate generously. All Ron Paul merchandise proceeds go to the campaign.
Media Blackout MONEY BOMB TODAY!
Vote4RonPaulLiberty 3 months ago
Ben Whatever has no idea wth he's talking about...
ZagorTeNay80 5 months ago
I get the feeling a lot of people aren't understanding what's happening in this video. Bernanke isn't silent because Paul is "handing it to him", he's indulging a raving Ron Paul. The exchange over the devaluation of the dollar is a perfect example. A weaker dollar only hurts consumers on foreign money markets. Bernanke tries to explain this, but Paul just doesn't get it. He responds with something about "increased living cost" which has next to nothing to do with a weaker dollar.
brandinho4soccer 5 months ago
@brandinho4soccer ... Ron Paul understands economics better then most.. maybe you just don't understand
HoopsKing25 3 months ago
@brandinho4soccer YOU'RE AN IDIOT. " the effect it has on their buying power is it makes foreign goods more expensive" BEN BERNAKE That's us cit with us dollars buying WALMART - YOU STUPID FUCK. Since so much is made overseas, BERNAKE just shoved the gignatic chinko sneaker in his yapper and YOU FAILED TO NOTICE.
Silicondoc 1 month ago
The Bernank has no street smarts - he doesn't get it - Ron Paul 2012
2148FRIEDLING 5 months ago
when the people wake up to this fraud the world will react with extreme discontent......
61markt 5 months ago
The Federal Reserve is an illegal entity. Their very nature is to counterfeit money. It's sad that this entity has actually made it this far, let alone, come into existence. And not just The Federal Reserve, but also all banks like it that think that they can carry out these deceitfully devilish actions. It's a shame how Ron Paul has to actually explain and argue the dyer consequences of a central bank and banks like it. That truly tells you something about idiocy & ignorance in this country.
MyMindTank 6 months ago
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MyMindTank 6 months ago
I love how Bernanke is busy picking his nose when Ron Paul is lecturing him. It takes a special kind of arrogance to go lecture a guy who trains top economists and is considered an authority on Monetary Economics by most Monetary economists. Then especially when citing quacks (there isn't a single respected department that has a program in Austrian economics).
nanashiwanderer 6 months ago
i think bernanke gets bored every time ron paul speaks.
mrnice200e 6 months ago
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In all this game, the devil is the victim, is the scapegoat, will be acused of everything cause the GOD don’t want any rivals*. Conclusion: live at the full in the freedom of GOD (praying in a right form,following the INSTRUCTIONS in the Bible - keeping the 10 commandments - including keeping the Saturday as the 7th day etc.) instead of in the incapacity and limited power of devil cause he is just a temporary puppet.
diptdipt 8 months ago
Anyone who was like me and didn't understand everything ron paul talks about with monetary policy because he only gets like 2 minutes to explain it should google "hmscoop.com"....really good cut to the chase overview....i'm a firm believer in his economic beliefs.
TomH364 8 months ago
Bernacke is an ass.
kynthful 8 months ago
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im a hip hop artist, i produced a song called "Audit the FED". just type that in with J.Skillz. i'm taking the truth and politics to my music. It needs to be spread. I'm very informative and I'm also very passionate about my art and I want to share knowledge. POWER IS IN THE PEOPLE! Go check out my video, promise you, you won't be disappointed.
jskillzis4hh4 8 months ago
Wow, I see all these racist comments about how bad jews are. The federal reserve wasn't even created by jews you dumb asses.
Tenorcapacity121 9 months ago
Soon you're paper money will be worth as much as the paper it is printed on. You CANNOT print silver! Protect you're wealth people! Buy Silver if you're low/middle class and by gold if you're upper class!
George4107969 9 months ago
Ron Paul accuses Bernankey of ROBBING the American people by destroying the value of our dollar, he doesnt deny he is a thief at all, he just smirks and talks about the "typica American" Who is stupid enough to trust the counterfit money he gives us.
MrBullfrog9876 11 months ago
Ironic how as soon as Ron says "beware, they will increase the money supply, but they will make you concentrate on prices" a bunch of pricing stats pop in on the left side of the video
ScruffyGit 11 months ago
fucking jews they have lured usa so long that its insane federe reserve fuck that system
OUWATZAHLE08 1 year ago
Dumb ass Americans have a brilliant mind like Ron Paul in the back yard yet they vote for dumb ass Bush and Obama....lol......that shows you how stupid these people are as a nation......wait, I forgot they also believe in Christianity. LMFAO!!!
Redcaster916 1 year ago
FED = Bernanke
Bernanke = jew
Jew = you are in trouble
Mrjaguarpaw1 1 year ago
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson. Crash jp Morgan/ the fed, buy silver.
Xsteppin 1 year ago
@gary83uk I'll tell you Ron Paul knows more about economics than bernanke, you don't need more than a 2nd grade education to understand it either. Go look up article 1 section 8 of our constitution before you pretend to know anything.
Xsteppin 1 year ago
Ben Bernanke makes a better banker than a defender against the hard questions.
MONOPOLY35 1 year ago
This guy is ace.
soygoratsu 1 year ago
Bernanke enjoys Ron Paul's rants I think.
I love how American Senators and Congressmen think they are an expert on every subject.
gary83uk 1 year ago
@gary83uk i think most senators and congressmen are full of shit but Ron Paul does his homework
tylerneier 1 year ago
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vote for ron paul 2012
alphacodexx 1 year ago
The YouTube video WHY WE ARE IN SO MUCH DEBT provides the simplest and clearest explanation yet of what our monetary system is, and why it must be restored to Constitutional principles. Highly recommended viewing for all.
SilentNoMorePubs 1 year ago 2
Ron Paul needs to get congress to talk to the CEOs of the 12 banks that the FED is comprised of. They're the ones behind the curtain.
terr547 1 year ago
I was at a book store, & I had to choose between a book called "The Capitalist Bible" or "In Fed We Trust" by Bernake. But I didn't want to laugh because of the stupidity of Keynesian economics. So I chose against Bernake's book. But Im not learning anything with Capitalist Bible. I just kinda taught myself about economics while thinking enough about it.
connorqb17 1 year ago
This is what I get from this:
Ron Paul: How can we fix inflation with more inflation?
Bernanke: BuUUUHH BUH BUUUH BUH BUH BUH BUHBUHBUHBUBubuhbubuhbubububh
jimmyjoejoeshabadoo 1 year ago 9
Why dont we abolish this overly complex and corrupting system and bring back bartering?
nalgaface123456789 1 year ago
LSMFT.
ERROLCUSTERFLYNN4EVR 2 years ago
The world is not dangerous because of those who do harm but because of those who look at it without doing anything Albert Einstein
The slogans of Newspeak are War is Peace Freedom is Slavery and Ignorance is Strength.
Google: Can Bush be Prosecuted? & Zeitgeist
MaSteRKuSH010 2 years ago
zeitgeist sucks. It is mostly garbage propaganda.
2012Ronpaul2012 2 years ago
pump pump pump money.
jonzo12321 2 years ago
Ron Paul leaves out the part about the fact that most money newly created(credit) is simply debt. So debt grows with the money supply and that leads to a whole whack of other problems.
charronfamilyconnect 2 years ago
Printing moneys great for those that get it first, but as it gets passed around it devalues the money you have in your pocket, bank, and what you get from work, its clearly a hidden TAX, and in fact is destroying our country, just so Obama can look good, what happens after hes gone and were left holding the bill?
phantomcharger 2 years ago 5
This comment has received too many negative votes show
What Bernanke is saying is that inflation is NOT a problem as long as it is kept relatively low. If the dollar is devalued that affects both the producer and the consumer with an overall effect of nothing, provided both are operating domestically. The trade deficit/surplus is the only major measurement that is effected by a strong/weak dollar. Ron Paul likes to talks like he knows economics, yet he is in favor of a gold-backed currency? What is this the 18th century?
jamesb081 2 years ago
Have you ever asked yourself why he wants it so bad?
omfg41 2 years ago
Paul admits that a gold-backed currency is no longer feasible in his latest book
j0sh0411 2 years ago 2
James, So an economy predicated on imagination is preferabe? Speculation, Derivatives, and other Investment Vehicles, created through de-regulation, while the Fed Stoked the Flames. So, a purposeful destruction of the middle class, a depression, and a welcoming of a beauracratic, communitarianism is your idea of the 21st century? That spells a dark future if you buy into that.
bryshning22 2 years ago
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I like Ron Paul however there are two things I do not like. Terror is bad and should be fought on any front and voting for him as a third party candidate will only split the vote and let the incompetent Democrats win. Why vote then for third party candidates if the result is worse?
TheNewVideo 2 years ago
The fed hate Ron Paul! lol
I wouldn't be surprised if they take him & Rand out.
KenMacMillan 2 years ago
I'm worried about them.
KenMacMillan 2 years ago
Scratch that nose Bernanke, scratch it real good. Love that smug look little, 'I don't care about the elders and retirees. Big deal.' Disgraceful he is.
amyszemkus 2 years ago
You could see a little nod, like he knows Ron got it right.
KenMacMillan 2 years ago
Comment removed
GoLuckyOops 2 years ago 5
we need to invest in something like silver for a monetary system or the metals that will be used in computers since this is the way we are going just a thought and we should be able to see the spending of the federal reserve just making money that's the stupidest thing ive ever heard and im not a Harvard grad
p6a9u1l42 2 years ago
Well that's why you don't understand the problem of going back to a system where money is backed by gold or silver...
yuri303030 2 years ago
See what Ben Bernanke says here? The guy literally says that printing more dollars raises prices of anything...NOT denominated in dollars! He gets this ass backwards.
libertyeconomics 2 years ago
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Much media attention has been brought to the bonuses of AIG, (which amount to about 700 billion, about 0.1 Trillion), but the Federal Reserve recently lent out and risked about 2.2 Trillion dollars without the knowledge of where this money is going. Who this money is lent to is not decided by congress. The FED does not consist of elected officials. Please contact your congressional representatives about HR 1207, the Federal Reserve Transparency Act of 2009
EthicOfReciprocity 2 years ago
Wow Ron Kicked his ass! :D KEEP IT UP DOC! THE PEOPLE IS BEHIND YOU!
ExquisiteDoom 2 years ago 38
@ExquisiteDoom sadly the majority of people is too ignorant. or "busy" with social media.
striderg3 1 year ago
-- DOLLAR is fraud , hardened by buyers of USA debt around the world , NOW states around the world , see that USA can not pay it's debt , China and JAPAn will not buy it anymore cause it hurts them. 2 trillion dollars in gold , tomorow may be 10 trillion ,, Dollar going down compared to gold price.
aviomaster 2 years ago 2
chunhaylee -- YOU talk jiberish ,, HOW come than Swiss central bank holds 2 around 2 trillion dollars in Gold ,, and SWISS bank is hard as steel ,,,, YOU must check your facts before posting shit ,,,
aviomaster 2 years ago
In truth we the people got the wothless slip of paper. The federal reseves note. And the international bankers got the real money. Gold and silver.
lou737 2 years ago 4
Bernanke...CROOK!...nothing but a crook!! A human being that has been bought by the international banking cartel. JFK tried to put our currency back on a firm foundation by backing the 2 dollar bill with silver and then flooding the market with them. Who wouldn't accept a 2 dollar silver certificate versus a federal reserve note? No wonder JFK was murdered!!! Who wants more monopoly money?
JoinmeonDutchIsland 2 years ago 3
The most breathtaking part of this is Ben Bernanke telling Ron Paul that money printing only affects the prices of IMPORTS. That is one of the biggest exhibitions of economic crankism I have seen. Bernanke belongs in jail.
libertyeconomics 2 years ago 2
ben bernanke does not know what he is talking about. george bush did not know what he is talking about. barack does not know what he is talking about. ron paul knows what he is talking about.
DJCLAYVIS 2 years ago 5
You know, as I watch this again and again, I can't help but believe that Bernanke may actually not have evil intent. I think he really is just cognitively deficient. I say that because I couldn't see somebody making such embarrassing remarks unless they REALLY BELIEVED IT. If you were, say, running for political office, or in such a position as Bernanke, would you go on television , in front of millions of people, and start talking about the flying unicorns? You would lose all credibility.
libertyeconomics 2 years ago
WTFPWNED
timmymcdee7 2 years ago
It is to true. Our money need to go back on the gold standard. Today it is becoming worthless the more he prints the less its worth. Our young people will suffer from the sins of today.
lou737 2 years ago
I love the nervous laughing and nose-rubbing by bernacke at the end of the video. it's all true but we are smug enough to know that the media will not give Paul a snowballs chance in hell.
Sheogorath64 2 years ago
ummmm no, we need to print our own money. Money is whatever all people decide to use as money. our problem is having the federal reserve control our money and charging us so called "interest", if our government controlled the money supply directly, then there would be no "interest"
cbebop2071 2 years ago
Gold Standard? How many modern countries use the gold standard? ZERO. Quit sprouting these hoary conspiracy theories from 70 yearsw ago.
chunhaylee 2 years ago
When was the last time you The United States Constitution? All money must be coined in gold and silver. Not worthless paper.
lou737 2 years ago 2
@chunhaylee Oh.. oh really.. oh ok
HoustonTexas457000 9 months ago
PWNED! The College Republicans and College Libertarians here on campus are going to try to team up to bring Ron Paul and/or Peter Schiff to campus! W00T!!!
Ooftyman 2 years ago
wow...benny completely caved in there
surgednb 3 years ago
go RP go!
surgednb 3 years ago 2
Friedrich A. Hayek (1899-1992) Austrian Economist, Author and 1974 Nobel Prize-Winner for Economics
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
fukoffme 3 years ago
very simple. PRINT PAPER = DEVALUE PEOPLES' SALARIES AND WAGES.
Serge808 3 years ago 2
Ron Paul predicted the current economic crisis, listening to him we could have been far more prepared and preventative of the current economic situation.
Ron Paul is one of the smartest men congress has seen in living generations.
t66wood 3 years ago 6
the whole idea of money growth is fraud. banks should just shut down. so what if everyone is screwed. How do you fight inflation with more inflation? he didn't answer the question. Can we even survive a day without money growth? USA is gonna be a battle field in 2012 when everyone will fight for resources.
kng863 3 years ago
ownd
tbg0o 3 years ago
The problem is is the way the federal reserve act law was written Ben doesn't have to give a whole lot of info and he always falls back to the excuse at 4:12 the congress or the federal reserve act tells us to look at prices. This was one of the best blows I've seen to Ben Bernanke.
andreamirelez 3 years ago 2
Ben Bernanke knows Ron Paul has his number at 2:10 he is listening and then shakes his head in full agreement.
andreamirelez 3 years ago 2
At vote against Paul, a slur against Paul was a vote for Bernacke and the other inflators/money controllers.
Sheogorath64 2 years ago
How do we solve the problems of inflation with more inflation.
Bloodelven 3 years ago 5
The fact that the Austrian School of economics, from which Ron Paul is drawing the majority of his argument, makes so much sense precludes it from ever being adopted into mainstream policy. Fiat money is simply too tempting to those in the higher circles of government.
l3liltz1776 3 years ago
Im not even American but Ron Paul is Awesome.
utuba69 3 years ago 53
agreed. and no one else in sight...
(he and naomi klein would clean up)
there's not ONE in german politics that
comes even close to him. just dumb folks
regards from berlin
trycoun 3 years ago
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z hey man. im naked!! V
0505242466 3 years ago
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mi pussy is dripping
garlorfor 3 years ago
Paul would be a great Trasury Secretary
TonyDiDomenico 3 years ago 2
he turned down vice presidency notions and the notion of running under a third party. unfortunately, conventional logic presumes a "no thank you" for a cabinet position.
not to mention the fact that obama and mccain want to avoid him like the plague. it would take a barr or nader in the white house to give a good idea like this a shot in hell.
SwimsheaD7 3 years ago
How to go about launching a write in campaign for Ron Paul??
jamammag 3 years ago 3
Would it be possible to start a write-in campaign for Ron Paul? How?
jamammag 3 years ago
I'm still going to vote for him. I'm sure as hell not voting for either of the other guys.
McConsumer 3 years ago 2
McCain should have picked Ron Paul as a running. He would have had a chance to win
abelman911 3 years ago 6
what i dont understand is that why most of you american assholes ignore this man!!MAN if he was in my country running for president,i would surely vote for him!!!
sshapewa 3 years ago 4
Because he was never really given a fair shot by the media. Because his ideas and true Patriotism is based only on the constitution and that scares powerful people. Because it would appear that many an actor on political stage in actuality hate our country and the Constitution. Because these same pretend patriots, practice political witchcraft seducing the minds of the people playing both ends against the middle. and many many other reasons. they propagandize media to infinite iteration.
1too12 3 years ago
what i dont understand is that why most of you american assholes ignore this man!!MAN if he was in my country running for president,i would surely vote for him!!!
sshapewa 3 years ago
The transfer of power from senile Greenspan to Bernanke allowed a small window of time for people to rob the bank with shady mortgages. A million dollar loan to someone with no income? FIAT currency always ends bad.
kng863 3 years ago
Ben Bernanke just had a little cry at the end, He is scared of Ron Paul :)
Djmikke2007 3 years ago
Pwnt
thirdwheelfilms 3 years ago
did he just confuse tenure with ten years?
venornfongx 3 years ago
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Do you want hope?do you want something better?Vote for RON PAUL.if this is your favorite canidate for pres. join my group now it's called,RON PAUL/HOPE FOR AMERICA.Join today freedom is just a few clicks away.-This is joshua pres. of the club and i approve this comment
JDB1193 3 years ago
When Obama gets elected president, I truly hope he finds some way to tap Ron Paul for the role of economic adviser.
And please Obama. Toss our Chopper Ben before gas hits $10 a gallon.
Diomedes01 3 years ago 2
obama is a guy of them ... hillary vicepresident?
somethingis wrong...
kikopeligro 3 years ago
Obama and Paul are polar opposites when it comes to economics.
Freethought42 3 years ago 2
I think you are probably correct. Ron Paul is more of a free market thinker while Obama still backs this idiotic housing bailout nonsense.
I did get a kick out of Sen. Bunning's comments a few days ago when he was speaking to Bernanke. I think he said something along the lines of: "when I read the report on the Fed actions, I thought I had woken up in France!"
:-D
Diomedes01 3 years ago
Sorry for the late reply:
I saw the statement he made, he was being quite critical of Bernanke's request for new regulating powers.
I don't know much about Bunning's politics, but I certainly liked what I heard concerning the Fed.
Freethought42 3 years ago
I love genius Ben's argument. When the price of the dollar falls the price of consumers goods fall. Well, in an ideal world that would be the case. The reality is that eventually the price of goods rise. Commodities have been sky rocketing. I never thought much of genius Ben.
As the famous Harvard and Yale graduate who launched a war of aggression because God asked him to, said: "The question must be asked... Is our children learning?".
Ummmm, I just love those elite educations.
iammontemonte 3 years ago
Who uses "racist or ethnic slurs" when discussing the role of the federal reserve in monetary policy?
jnelson30000 3 years ago
@jnelson30000
some people consider ron paul to be a racist, because of some comments that were attached to his district-campagin during the 90-ties or perhaps because he is against the curent monetery system (FED).
hemoterapija 3 years ago
We know he's intolerant of Ben Bernanke.
jnelson30000 3 years ago 2
It looked like Ben was about to start crying there at the very end...
Powerkicker 3 years ago 3
He should have. I'm sure he knows what he is doing, and what he is a part of.(for the most part)
hadrian270 3 years ago 3
Hes saying such uncovinient truths, that nobody in a high position in government can support R. Paul. If they did, well thered be a mega crisis, conscious crisis, because all of a sudden the real facts would come out. People would go:" damn ud been lying to us all that time?!?!?!" basically, Ron Paul is saying the truth, everybody in politics knows that, but they cant support him, becuase theyd all loose their jobs. Every other democrat or republican have their hands tied up.
09088908 3 years ago
the only american politician worth listening to.
shikira 3 years ago 2
Bernanke always seems shameful to me. Like a used car salesman who knows he's selling you a lemon, but still knows it's wrong. But it doesnt bother him enough to not sell you the lemon.
coronet67 3 years ago
Bernanke secretly agrees with Ron Paul, but politics doesn't allow him to speak out. He love his job more than his Country. He should do the right thing and speak the truth.
korllark1 3 years ago 2
I'd like to bury my American foot in Bernanke's ass.
johnmxusa 3 years ago 2
LOL.... Citigroup is 33 a share in this video and oil is at 97.....LOL....
YooberUser 3 years ago
RU PAUL FOR PRESIDENT!
garyowen4ever 3 years ago
Send this to the McCain National Delegates,
ONLY RON PAUL makes sense
get McCain delegates to switch to R O N P A U L
superpencil007 3 years ago
i've seen a large increase in the amount of people against the FEDERAL RESERVE... good =D. If we continue to get the information out there, hopefully we will see a victory in the near future.
essentialmindz 3 years ago 4
"If somebody has their wealth in dollars and they are going to buy their consumer goods in dollars, and they are the typical American, the decline in the dollar...the only effect it has on their buying power is that it makes imported goods more expensive"
THIS GUY HAS A PHD IN ECONOMICS? BAHAHHAHA
bschinzel 3 years ago
there you go, if the chairman of the fed himself cant defend the federal reserve, why do we need it?
AgentOrange04 3 years ago 5
WE don't but it's made five generations of shylock bankers and their investors fabulously wealthy on all our backs who got NOTHING out of it ever but trillions in compounding debt redounding to the unborn.
marxbitesall 3 years ago
I have a question: If the FED creates variances in unexpected interest rates, which in turn causes mal-investment and debases the value of the currency. Moreover, the banks are bailed out through the fractional reserve system rendering what could have been a gain into a loss. How are you suppose to justify the current fiat system as having the ability to solve this crisis when the FED has only acted as a lever for appropriating and ultimately monopolizing our currency?
PreservingLiberty 3 years ago
BOYS AND GIRLS, alan greenspan used to walk to the FOMC meeting with his black attache, BUT BEN BERNANKE AND HIS INLFATION DOVES FLY TO THEIR ROOST JUST LIKE THE MONKEYS FROM THE WIZARD OF OZ!
garyowen4ever 3 years ago
Watch the upper left corner, OIL at $97 a barrel, now, just some 5 months later, oil is at almost $20 more expensive at $116 a barrel... 1:05 "Inflation is live and well." No kidding! Manipulated Media snubbed Ron.
genericgeek 3 years ago 2
I hate the Fed.
alanhowitzer 3 years ago 2
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I give Berneke credit..he showed paul respect and tried not to laugh at him like the voters have been doing to paul in this years primaries..paul is old and on his way out and his ideas are 18th century. There are far too many over the hill folks like paul in our government, but unlike paul the government has respect and concern for our seniors, so therefore they humor folks like paul..fortunately this guy paul will soon be gone
onevoiceofreasons 3 years ago
paul is out of touch with the way our economy works today...and even in the best economy his position on social programs would have people homeless and starving in the streets
pajeff2 3 years ago
The middle class will be homeless and starving in the streets if we don't reform monetary policy.
scottj1988 3 years ago
99% of homeless people chose to be homeless...there as so damn many good jobs available here that companies are offering sign on bonsus to come work for them..you can stop the fear mongering
onevoiceofreasons 3 years ago
Ron Paul isn't the only one worried about the financial situation here in America. Check out this guy...
watch?v=OS2fI2p9iVs
KenMacMillan 3 years ago
Did he just...accept his answer at the end? It seems like Bernanke just failed.
himtroy 3 years ago
The USA borrows it's entire budget from a PRIVATE bank called the Federal Reserve. Why do we borrow money from a self-serving private bank when We, The People, as a nation have the constitutional authority to print and distribute our own money? The Federal Reserve: It's not federal; and there is no reserve. Disband this criminal enterprise immediately. Seize all it's assets. And throw the crooks running it and the congressional representatives supporting it behind bars where they belong!
Rockstar97321 3 years ago 4
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RON PAUL FOR PRESIDENT!!!
EvasiveMotorsports 3 years ago 2
Tar and Feather?
Watch Neocon Warmonger: Norman Podhoretz
/watch?v=ka5YvkI-zeY
The Lunacy of Norman Podhoretz by the Southern Avenger
chewbaca1989 3 years ago
holy shit. he is so right.
dahhwits40 3 years ago
Abolish the privately owned Federal Reserve Bank and all its fraudulent practices.
More people need to realize how the monetary system of bankers works not just in their country but world wide.
Until that happens the wealthy will continue to manipulate economies world wide for their personal gain.
"Wealth is not destroyed merely transfered"-Larry Banks
thewritepassion 3 years ago
Would you believe this. Here's a guy elected by the people vs chosen by the president. If you can't see the ridiculousness of this situation then it may be a bit late for you. 15-20 years ago people used to talk about this future. Step aside folks. This will be fixed by Generation X the torch has been passed to a new generation of Americdans!
lightpost1913 3 years ago
And we will not go quietly into the night like the older generations. Letting these subtle money changers control and legally own our precious little time. This is going to be the greatest battle we have ever known. Time to drop your Playstations. We are slaves no more!
lightpost1913 3 years ago
Its to late . The fed PWNS all americans asses for ever. 70 percent of your GDP goes to the fed. In canada same thing we owe 65 percent of our gdp to debt. Central banks PWN allour asses.
IveGotTheNuts 3 years ago
Thank you for supporting Ron Paul:
ronpaulchat(dot)net/drpaulwillwin(dot)html
Go and read this "CAN RON PAUL Still Win?"
The answer is a resounding YES!
Just sign up as delegate now.
Help spread the words. Email to the Ron Paul Supporters.
There are enough Ron Paul supporters to win this nomination!
Action speak louder than words, please act now before its too late!
You can make the different!
LeeKwangEng 3 years ago 3
Thank you for supporting Ron Paul:
ronpaulchat(dot)net/drpaulwillwin(dot)html
Go and read this "CAN RON PAUL Still Win?"
The answer is a resounding YES!
Just sign up as delegate now.
Help spread the words. Email to the Ron Paul Supporters.
There are enough Ron Paul supporters to win this nomination!
Action speak louder than words, please act now before its too late!
You can make the different!
LeeKwangEng 3 years ago
Ron Paul finally got heard by the people, but right now he needs to stop the dollar issue because he cares more about his dollar in his pocket than yours. if the FED don't cut rate right now, housing, mortgage, financial market, US economy will fall into deeeeep recession, so Ron need to be quiet for now. Greenspan left, damage done, no need to bitch now
shanghainews 3 years ago
Ron Paul finally got heard by the people, but right now he needs to stop the dollar issue because he cares more about his dollar in his pocket than yours. if the FED don't cut rate right now, housing, mortgage, financial market, US economy will fall into deeeeep recession, so Ron need to be quiet for now. Greenspan left, damage done, no need to bitch now
shanghainews 3 years ago
Thats only gonna delay the inevitable recession and cause the recession to be that much harder.
Slate1232 3 years ago 2
Although he doesn't have a chance to win, it's great he's a part of congress. I value leaders like him.
nfest8 3 years ago 2
It's too bad that the only candidate who has actually read the Constitution doesn't have a snowball's chance in hell of being elected.
DefaultToFreedom 3 years ago
Banks loan money they don't have. Then they foreclose on people's property when they don't get "paid back". Don't believe me? 14th edition Encyclopedia Britannica: "Banks create credit. It is a mistake to suppose that bank credit is created to any extent by deposits of money into the banks. A loan made by a bank is a clear addition to the amount of money in the community." More dollars = inflation, a secret tax on the people. Google: "Fractional Reserve Banking" and "Federal Reserve Fraud"
00643981 3 years ago
The "Fed" is an unconstitutional, illegal monopoly on the creation of money. Our constitution specifically states that only Congress can create money, only in gold coin. What has happened since the Fed has been running things is that wealth has been cleverly stolen from the working man and woman and funneled into the pockets of rich bankers. They run the show, not politicians! Google Video: Money as Debt - Fiat Empire - Monopoly Men - The Money Masters - Freedom to Fascism - Zeitgeist.
00643981 3 years ago 3
Thank God for Ron Paul!
siweltnek 3 years ago
America's Constitutional Hero
Fishndav72 3 years ago
Ron Paul the "Smartest guy in the room"!
chelsithomas 3 years ago 6
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RON PAUL 2008
fuku2bitch 3 years ago
I was with Ron Paul before he became recognized and well known.I knew it all along you sheep!!wake up!
alex3914 3 years ago
Why can't you just be glad that the word is getting out there? Why do you have to act all cocky because you "knew it all along"? Attitude like that is NOT gonna help the rest of us get the word out.
geni4 3 years ago
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Yes it will bitch!!!
alex3914 3 years ago
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Yes it will bitch!!!
alex3914 3 years ago
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Yes it will bitch!!!
alex3914 3 years ago
it is a very delicate process talking on tv - most people have a very low concentration span - ron paul is a very enficeint speaker - obviously you are one with a lack thereof
JapanAlex01 3 years ago 2
ben needs more education
JoeTube27 3 years ago 3
lol...bernanke had nothingto say at the end...he just nodded his head...and he knew he was pulling stuff out of his ass when he started talking about how accurate the CPI numbers are (in the beginning of his response)....notice the nervous jitter right after he says it...
kaliamalia 3 years ago 2
4:45 is why I love this man. While Obama, Clinton, and McCain walk around with their plastic smiles doing photo ops with babies, and specific minorities, or empty speeches at auto manufacturing plants, Ron Paul actually GIVES A FUCK ABOUT HIS FELLOW AMERICANS. GIVE A FUCK ABOUT OUR WELFARE.
deadflagbluesxxx 3 years ago 2