RON PAUL TO BERNANKE: Federal Reserve is a Predatory Lender

[froymat]

I'm from Mexico Please!!!! Americans wake up Because Mexico sells 80% to USA if you guys get sick Mexico too.

[saiehjackson]

I´m form Chile. Americans, the best that you can do is listen to him.

[Jyrki1964]

@UBSCARED

That's right. None of the "owners" cannot capitalize its capital without the approval of a federal banking officials or a board.

[unfukkkmee]

FUCKING ANGLOSAXONS OF USA FUCKING MENTALISTS.

LISTEN TO ME THE ZIONIST CHOOSES PRESIDENT OF USA. NOT YOU WITH VOTE

[Shadow01505]

Ron Paul 2012

[sdave616]

Hes responsible because he supports the bullshit and hides the answers. Audit these fucks and quit screwing around with m27

[NGinuity]

The Treasury has a line of credit from the Fed because Congress has overspent the budget (people MUST know that the Treasury is where all of the money from the National Budget comes from). I think they need to take a long look at the root cause of the problem before they take steps to eliminate these practices, which, by the way, were created by them originally. Ron Paul is only commenting on a tiny inkling of a very big picture that is inconvenient to perceive because of its unattractiveness.

[alatefi3]

"World Class Regulator" "World Class Dollar" pushing for a world diplomatic take over or a world dictatorship?

[cbxsage]

What he means by "World Class Dollar" is a stronger US dollar against the growing economies of competing nations in the "World Economy". I don't believe he is indicating the creation of a global currency as is going to be the result of the COP15 in Copenhagen this month.

[ariklynn]

@alatefi3

I'm pretty sure what he meant when he said "world class dollar" was gold.

[TwiztedAnimator]

@ariklynn No, he meant the American currency. It has devalued at 1% per year since 1913. What used to cost a Nickel now costs a Dollar.

[depmodeno]

Lehman does exist!

S.L.A.M

Shearson

Lehman

AMercan. ( Express) as for their missing funds? they're possibly in Isreal

[Burkard]

RON PAUL 4 PRESIDENT!!!

[GreenSociety42O]

look it's aldous huxley sitting behind ron

[muffins99]

lol

[bhhawkins]

Is this a form of Slavery (system based on enslaved labor: the practice of, or a system based on, using the enforced labor of other people) because we are money driven or because we do not know how to take care of our money?

[DourCynic1]

Thomas Jefferson, Abe Lincoln, Andrew Jackson just to name a few warned the American people that allowing private banks with owners who have private interests to control monetary policy in the United States would bring about the end of the republic. They all believed it was one of if not the most dangerous threat to our republic. Now its happening just as Plato theorized about the lifespan of republics being short due to the stupidity & easy manipulation of the masses. Enjoy your hope & change.

[ZodiacTeacher]

For the half-wit that says the Federal Reserve is NOT privately owned, here's a list of its "non-private" owners. (corrections welcome) 1. Rothschild Bank of London 2. Warburg Bank of Hamburg 3. Rothschild Bank of Berlin 4. Lehman Brothers of New York 5. Lazard Brothers of Paris 6. Kuhn Loeb Bank of New York 7. Israel Moses Seif Banks of Italy 8. Goldman, Sachs of New York 9. Warburg Bank of Amsterdam 10. Chase Manhattan Bank of New York

Now somebody owns YOU!

[SaveEurope82]

LEhman brothers does not exist at this point. other than that you are absololutely right.

[ZodiacTeacher]

I appreciate that....... I'll correct my list.

[m5sport25]

fucking jews

[whereismybailouttv]

Nobody will do anything about this.

[elasatlaculos]

Ron Paul fucked the economy up with his boy friend Bush. Why does he think anyone worth a crap is interested?

[urautubeloser]

elasatlaculos....

um, hmmm, uhhh...you're a fucking idiot. do u read or just watch youtube videos & make stupid fucking comments about topics that you obviously know nothing about and make yourself look like a fool in front of who knows how many anonymous strangers?

seriously though, you're a moron. get a history book, or an economics book, or, if u have trouble with those, a coloring book and spend ur time with that instead of letting your brain languish sniffing glue and watching youtube.

[flaunttnualf]

Paul stood against Bush just as he stands against Obama now.  Perhaps you should learn more about him before commenting.

[November302008]

Higher interest will guarantee a deep Depression and Bank failures. Homes and real estate must regain value. Pension plans, mortgage co., hedge funds, insurance co. & banks all have mortgage backed securities. Please google Fix Housing First.

[unityrover]

Lower interest rates will only cause another bubble... It won't fix anything because our economy is based on nothing. The booms bubbles and crashes are the result of this. It would be better for us to have high rates and take a big painful crash now, than have another long dragged out bubble period which would sink us.

[flaunttnualf]

So instead we should allow the Fed to continue inflating the currency so that assets go up in dollar value but down in real purchasing power? Yeah that sounds like a recipe for recovery.

[November302008]

We need 30 year fixed rate mortgages to be 2.5 % or less to survive this crisis. Check out Fix Housing First.

[shlomoney]

Low rates are one of the reasons were in this mess . Well need higher rates and less lending to get our banks back on track .

[Research0digo]

I sure wish the camera angle didn't include the page, and WHY are thoughtless attendees being allowed to mumble while this Congressman is speaking? Where have our manners and values gone?!

[Research0digo]

GOD BLESS Dr Ron Paul and Dennis Kucinch, God bless Mike Gravel and Cynthia McKinney!!!!!

[kakuiguy]

Paul is a hypocrite. He says he's a neocon. But he's really a Libertarian who's too scared to actually stand up for his beliefs. If Libertarian views are really his views. Who the f**k knows....

[rolyan3]

He doesn't call himself a neocon?

[Jacobitess]

He explicitly says he's not a Neocon! Check the record.

[starlitephi]

You MUST understand that as long as BILLIONAIRS have the power to play God and shape this world as they please there will be no "SYSTEM" that would work.

YOU and YOUR children will always be ENSLAVED! The problem is that most of us "LIKE" to be enslave because we have been brainwashed into believing that this SLAVERY is FREEDOM.

ZOMBIES! WAKE UP!!!!!!!

YOUR GRANDCHILDREN ARE BEING SOLD FOR SLAVERY! An you do NOTHING!

GET MAD DAMN IT!

[joehimself77]

word. The biggest problem is peoples' understanding of the system. Research: Market derivatives, Hedge funds... As long as we remain ignorant we will be manipulated. Please read history and finance. Learn the tools that are used against us.

Don't fall for progress, we need adaptability!

[McConsumer]

we should get rid of the FED and let ANYONE print their own money. This will lead to innovation and a more stable economy not depending on the value of only ONE currency.

[starlitephi]

This crisis has proven that CAPITALISM DOES NOT WORK EITHER!

ZOMBIES! ZOMBIES!  ZOMBIES!

WAKE UP!!!!!!!

YOUR GRANDCHILDREN ARE BEING SOLD FOR SLAVERY! An you do NOTHING!

GET MAD DAMN IT!

[McConsumer]

It bought you this computer.  It let you watch/read the media that helped you come to that conclusion. It feeds you, clothes you, transports you.

Would you rather have 12 eople in a room deciding what you will wear, and eat and do for a living?

[starlitephi]

You mean it made my life so much better!?

I guess that if you look at it with the mentality that Capitalism created in you you MIGHT be right.

The fact is that quality of life, happiness and HUMANITY are not dictated by material goods, only enhanced.

The value of our lives IS SO MUCH MORE THAN THAT! USA has created a world that is precisely the opposite of what humans need to BE HUMAN!

Capitalism is not FREEDOM and it is not PEACE, it is SLAVERY!

[hvacrdude1]

end corporate america with all japenese and china, and make it a crime to do business as a moritorium to do business with these countries as a way to re establish making a stable self sufficient economy here in the heartland of the homeland..

thats the only way bo leave that!

[hvacrdude1]

what did the cia do for bush father?

and for the bush jr regime???

[hvacrdude1]

I say all you guys trying to convince america that the GOP rethuglikkkans..

are bad people are really smarter than those that voted twice for the shame on me idiots

[rosny1]

Money for nothing and chicks for free.

What we learn from the past is that we nothing learn from the past.

Since 2000 we are in the Kondratieff Winter. The whole economic system will be cleaned up. Previous Kondratieff winter 1929-1948.

[uhaegde]

ATTENTION ATTENTION ATTENTION: your Government is morally bankrupt. They will sell you down the river to the International Financial Elite!!! ATTENTION ATTENTION ATTENTION!!!

[almartin77]

Right on Ron. The predatory lending comes from the Federal reserve and Congress's gutless refusal to stop the spending. Seems to me that the only was to fix this mess is to stop feeding the Beast.

[holyoakproductions]

Ron Paul RULES!!!!!!!!

[imanerd36]

YOU GO RON PAUL!!!!!!!!!!

[uhaegde]

And guess what???  If the Treasury prints the money; we dont owe interest on it!!! what a concept!!! NO DEBT SLAVERY. Why did we rebel againsed Britain??? Because they were making us loan our credit from the BANK OF ENGLAND!!! HELLO!!! ANY HISTORIANS IN THE ROOM???

[jason23296]

yeah but can you imagine what inflation would be like if the government would print out a few trillion dollars and payed there civil servants and military 1 million dollars a week? A government has to be limited by the same financial system to limit there power. Saddam printed his own money in Iraq and the economy flopped over night and that was weeks before even one missile was dropped by Us Forces.

[uhaegde]

What you just said is obviously not what I was implying. What I was making clear was that for credit to truly be for the people and by the people, it must be managed by those that have the interest of the Nation at heart and not by Private Bankers who have in their interest to enslave the Nation with debt.

[jason23296]

it wouln't work. If the government had the ability to print it's own money it would cause the economy to fail in the event of war. If the government simply printed money today to pay of it's multi trillion dollar debt inflation would increase to the point where 1000$ would only be worth 100 dollars and saving money would be impossible. The Bankers do have interest in the nation.Bankers money is only as valuable as the governments they lend it to. If America failed the Fed would to.

[uhaegde]

"The bankers do have interest in the nation." Yes they certainly do!!! They are interested in having a working populace such that these work cattle will deposit their life savings into their institutions. Then the private banking institutions can loan out more credit than what they have on reserve. You are right in saying they have an "interest" in the Nation. What I am saying is that actual money creation should be Nationalized away from the private Federal Reserve.

[jason23296]

you still haven't explained to me why you think the government would be any more or less responsible with the monatary system than the fed. If the government could just print money they would just give it to the lazy drunkards and then everyone that works would just quite working and then the government would create inflation buy over paying people a million dollars a day to do stuff that should only be paying 15 dollars an hour.

[uhaegde]

Its not a question of wheather the Government is more or less responsible than the Fed. Clearly, neither the Fed or the Government have a vested interest in making the US Economy thrive. That is very apparent from recent events that have taken place. I am arguing the following: Assuming the Government is a true Nationalist Government. A Government for the people and by the people; then within this would be an interest for Nationalizing the Money System.

[uhaegde]

Unfortunately the US Government and the Fed is filled with those that grovel and worship the feet of the International Financial Elite. Those scoundrels will allow the Auto Industry to flounder and die and this THIS WILL USHER IN THE DEPRESSION OF THE 21ST CENTURY AND THEN A NEW CURRENCY. MARK MY WORDS!!! THEY WILL MAKE NORTH AMERICANS GET DOWN ON THEIR KNEES TO PLEAD FOR A NEW INTERNATIONAL MONETARY ORDER. Then the money system will now be controlled directly by those International Bankers.

[jason23296]

it's called "fiscal Responsibility" it's a term republicans use allot... and no I'm not a republican but If the government would only spend money that it has then it wouldn't need to get money from the fed. I just bought a car I didn't want to get financed for an auto loan so I saved money and payed in cash I didn't have to pay any interest to the evil banks and I got 500 dollars knocked off the total sales price. The government should do the same.

[uhaegde]

Federal Reserve lends money to the US Treasury when the Treasury could be printing this money interest free. How does this money gain value??? When you, the AMERICAN citizen works for it. It is this measured labour (measured and dictated by the operating of a free market) that determines the dollars buying power. The more effort exerted per dollar (ie: depends on how frequently the dollar printing presses are operating) the more buying power put into the dollar.

[AdenMutiny]

NO BAILOUT!

URGE YOUR SENATORS AND REPRESENTATIVES TO Vote for H.R. 2755: Federal Reserve Board Abolition Act.

[MannoMagic]

one of the last thinking people...

one love

one world

one people

peace

[lvildos]

Darizk...1-assume PaulRon is elected, 2-assume RonPaul gets congresional backing to abolish the "FED" 3-he will likely mess it up with his representation of what constitutes a "low" interest rate

[McConsumer]

What he's saying is that the market will determine the interest rate by itself. He is claiming that the FED is keeping the interest rate low artificially: in other words, the "natural" interest rate right now would be very high, because people would be wanting to protect their money. This would encourage savings and would begin to heal the "credit crisis" as it has been called.

[lvildos]

a bit late on my reply but it's here. If people would be wanting to "protect" their money rushed to the bank and you are a believer of "natural" outcomes in the market then I'd expect your conclusion to be a lowering of interest rates by mere supply exceeding demand. Am sorry, I think you are in the same sinking rationale as R.Paul

[McConsumer]

Maybe so, I tend to agree a lot with what he says.

To your comment:

During the housing bubble there was a great demand for credit. If interest rates were free to rise and fall on their own, the demand for credit would have pushed the rates up, making it harder to get a loan and deflating the bubble on it's own.

1) historically, people don't protect their money by taking it to a bank.

2) It's not one sided. The rate charged by banks for loans, is related to the rate a bank pays for savings

[lvildos]

point 1) is in direct contradiction to what you had written before: "because people would be wanting to protect their money. This would encourage savings"

Am sorry, R.Paul can only contradict himself with what the "Federal" "Reserve" asks him to and you follow them not too far behind

[Darizk]

Ron Paul is a straigh shooter. We are listening......

[kn9iou]

CHENEY IS A CRIMINAL

[xxvtpatrick]

war criminal liar...should be prosecuted...traitoer

[qualityrkc]

who? I hope you aren't talking about Ron Paul...you must be talking about most of congress/bush/cheney

[whitecollarcriminal]

You're gonna have to speak up jackass.

NO ONE IS LISTENING.

[HudsonRand]

I'd pay good money (euros) to see Ron shove his fist up Bernanke's ass and tear out his colon. I think Ron would have taken the presidency, had I managed his campaign. You've got to be tough, dealing with that pack of ass fucked whores from the reptilian Babylon.

[vincentvendetta1]

reptilian?? lmao!  look, Ron Paul is MORPHING!!

[shatteek]

To cv1122, it already is too late, congress is passing laws today to bailout more banks bla bla bla. And to mikwid, I never see Ron Paul on NBC, CBS, ABC, or NPR for that matter. When we see him on the nightly news, instead of the latest crap about Heath Ledger, Paris Hilton, Britney Spears,etc, then we know we are all screwed. That is what it will take, all the masses waking up.

[whitecollarcriminal]

Ron Paul will NEVER be taken seriously by the mass media or the American public.

He's frazzled, he's frustrated, he's unelectable.

Not to mention the news footage they have of this asshole in S.C. telling the public that america invited the 9/11th attacks.

He'll never be more than he is right now. All the Ron PAul fanatics can doubt me but THE TRUTH IS, he's just gonna help cost Mccain the election.

[lvildos]

RonPaul is pushing the "low" interest rates nonsense of being the culprit for the current situation as was in its time the WMD message also throat down shoved. If the "FED" ever needed a scapegoat, RonPaul is their man

[thinkrevolution]

Ron Paul, please stay in Congress for at least 50 more years!

[mikwid]

Wait, I have to take a deep breath and count to ten. I have never felt so frustrated and powerless. If people are so myopic that they can't see what Ron Paul has been saying for so long now what will it actually take? It's a scary thought.

[cv1122]

America when are you going to start listening to this man? After it's too late???

[Steadno]

Ditto!