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Ron Paul questions Ben Bernanke 7.21.2009

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Uploaded by on Jul 25, 2009

Ron Paul Opening Statement at the House Financial Services Committee 7.21.2009

http://www.house.gov/apps/list/speech/tx14_paul/721FedStatement.shtml

Humphrey Hawkins Hearing on Monetary Policy
http://www.house.gov/apps/list/hearing/financialsvcs_dem/fchr_072109.shtml

State of the Economy and Monetary Policy
http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&...

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  • He is going to be screwed .. audit the fed is attached to a bill that the prez needs to pass. so we will see an audit of the fed

  • It seems like Ben Bernenke is not a good Fed Chairman, he's a quick thinker and speaker. I've viewed several of these sort of congress question period clips and there has been some really shady actions on the part of the Federal Reserve that Bernenke has verbally run around and given what sounds like satisfactory answers to shady actions. How is it that this is allowed? And the actions of the Fed in 1913 to get that bill passed should be repealed b/c of the maneouver used to get it passed.

  • I was really upset to see people who spoke of civil liberties booed off stage the last two elections. We all need to mobilize; we all need to vote the status quote out of office 2012.

    I've never felt so American as to go downtown with a Ron Paul 08 shirt and get salutes, handshakes, and "at-a-boy's" -- and I'm a six year veteran of the USAF. I served under Southern Watch, Enduring Freedom and Iraqi Freedom. This T-shirt has made me feel more American than my uniform ever did.

  • What street are you on? The 3 cents what it was in 1913. Most analyst pointedout that the dollar fell 10 plus % in a single month this year. The dollar is not deflating. You are the only person I've ever heard say that.

  • Dr. Paul is so right. Of course the FED is monetizing debt. Money supply figures can be easily misleading or tampered with. However inflation and value of the dollar cannot, and can be easily be seen and felt. I just have to go to out and spend some money to know that my dollars are worth less everyday. I can also go almost anywhere around the world and know my dollars are worth less as well. I sorry but PEOPLE WAKE UP!!!

  • Obama's bailouts and stimulus's total 2.2 trillion dollars. A lot of that is going to be completely new money equivalent to 1/5th of the current money supply. Am I wrong there?

  • If Ron Paul has such a problem with glasses, he should just wear contacts.. jeez.

  • Bernanke's right. Money supply on the street is not rising. In fact it's falling. Deflation will be severe in the next 2-3 years. He said he will not monetize the debt. Again, deflationary. Maybe this is the plan.

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