Monetary Policy Subcommittee: IMF & Gold Pt. 1 - 06/23/11

[Boomies559]

he doesnt want to answer the question. he says" i think what youre asking is.." a LOT and gives a different answer. he doesnt want to flat out say that the gold isnt there

[GregCV]

Thorson is employed by the people of the US, and is paid by the people of the US to work in their interests, however he evasive and apparently is not looking for the answers to the questions the American people want answered. I and my fellow citizens are his employer, and this employee of mine should find another job if he will not do this one. We cannot tolerate employing people like this that are not working in our best interests. Mr. Thorson, you should resign immediately.

[Justinloves23]

loving the ron paul bernanke video they should have a half and hour show where its nothing but ron paul asking ben questions cuz that look on his face is priceless!

[faheemza]

HAHA!!

Q: "We gave x gold to the IMF... Sooo is it there, or here?"

A: "Well..The answer to that is that there is no encumberances(SP!) on that gold..."

Q: So we don't have it here in a room somewhere?

A: Well... Someone has some certificates...??

[wagtec]

Federal Reserve is running a Ponsi scheme... period. The Gov works for the people, yet when the People demands accountiblity, all that is demonstrated is a bogus attitude. If any company was run in this manner or a student answered as these men, they would be deemed as incompetent. No one dares to do away with this reality. Is the Wizard of Oz really a Wizard or a Bluffer. These men play dumb, the should be interrogated using a lie detector. It's Club for insiders.

[damright4sho]

we didnt have gold since like 1935 this is ensyc with they great deppression and the start of social security smdh the people are forever fooled

[Gregory2062]

Bullshit !!

[btigtime2]

Audit Fork Knox and you will make this conversions a little more up to speed. There has not been an audit in over 50 years. 

[a4finger]

so basically the US doesn't own any physical gold?

[KagarBeardtooth]

"...we do not BELIEVE that has occurred."

Wow.

[mrdoonbeg]

Jesus this guy doesn't even know or he's bulls****ing "we do not believe that has occurred"? You mean you do not know 100% for sure? What are you talking about you moron!!!

[Anothercoilgun]

Enough of these Hearings long since its been to for Hangings.

[Anothercoilgun]

BUSTED!

[ZombieX13]

Everytime there is a hearing like this the fuckers always seem to be tripping over their words. Like a goddamn kid who just got caught in the liquor cabinet.

[bencr06]

This was the most interesting part of the whole hearing IMO

[pearlyellowgallardo]

isn't it amazing how these people can foul up the simplest of questions... They bend, pause, respond to things that are no where near the answer....its amazing how our politicians let them off so easy..... all lies cheats thievery

[spainman2020]

There's no gold!

What?!

You heard me you dumb fuck, there's no gold!

What the fuck do you mean, there's no gold?

I've been up and down this ship. I've been in every fucking room!

There's gotta be gold!

There is nothing! nothing!

Don't you fuck with me!

There is NO.... FUCKING.... GOLD!

Lol....

[phantomcharger]

What good is collateral if it can never be called apron? LOL

Be like saying a car would be the collateral for a car loan, but making it illegal for the loan company to repo a car that the payments have stopped coming in on.

If you can NEVER get the gold for cash, then it has no purpose there.

So I have to conclude they have sold it.

[JimLundberg]

GREAT questions Mr Leutkemeyer!

[KnightFireLT1]

Why is there no audio?!

[QWERTY34990]

no sound very suspicious

[louis12346]

pirates robbed it , check his pockets

[Shaunt1]

I can't here anything!

[Torro624]

how long is the whole meeting...I'd like to see the whole thing....or does anyone know where i can watch the whole committee hearing??? Thanks.

[JoeyPencils]

tap dancing

[shaolonbros]

"They would be paid in currency, gold is collateral"... yay, worthless paper that is called a federal note, backed by nothing...

[meghaljani]

I believe that sound quality of Ron Paul's congressional hearing is intentionally tempered with.

[Pepsifx357]

$397,000,000,000 worth of Gold? That's it? I expected more.

[TechTVChannel]

The Gold was shipped t Israel in order to build a shinny Solomon Temple all made of Gold

[NicosMind]

Part 2 isnt properly working for me. I can watch it in your channel but when i click on it normally it tells me that its still processing :S.

[NicosMind]

This. Is. Crazy!

[WoodlandRavah]

"...the gold is collateral..."

Because it does'nt exist! Trade your gold certificates for PHYSICAL!

If you dont actually own it your about to get Raped!

[mit26chell]

Mr Thorson... what he's asking is 'WHERE IS THE PEOPLE'S EFFING GOLD!?' Quit trying to beat around the bush by intentionally muddying a simple question. ¿Dónde está el oro?

Thank youuuuu.

[k2wannab]

This is the joker that is supposed to provide the answers we want to prevent us from doing a full audit of the U.S. gold reserves? This guy looks terrified, and clueless. No wonder they don't want an audit.

[kimintexas]

Follow the yellow brick road! Dorothy's slippers were silver in the book! Think about it...

[k2wannab]

Should we be concerned that they can't tell us how much gold we have, where it is, or who owns it? And this is the government that is supposed to take care of us from cradle to grave?

[kimintexas]

Tungston

[mikek241]

This is both sad and embarrassing from the perspective of both sides. The fact that they can't tell us where our gold is is, and the fact that we have lost track of it all together

[ally4free1]

there is no gold

[brain96969]

@ally4free1 The elite has it!

[yakyakyak69]

@ally4free1 There is gold, but it ALL belongs to the Federal Reserve banking families as payment for the US Debt on the Fed's fiat currency used to buy T-Bills where the American People & their property are the collateral.

The Fed is FRAUD!

[69QuIzAcK69]

DODGING THE QUESTION! ANSWER THE QUESTION! Where the HECK is the gold located!!!

[Thunderfunny]

second view,second like, and second comment. I win second.

[curtissboggs]

first view, first like, and first comment. I win.

[pkpapers]

@curtissboggs OK, you win. Wish the folks in the hearings had your thoroughness and confidence.