GMA January 5, 2011

Congressman Paul and Senator-elect Rand Paul discuss the debt ceiling with George Stephanopoulos

Category:

News & Politics

Tags:

• ron
• rand
• paul

[yakyakyak69]

Statists are Statists!

REAL CHANGE is NOT POSSIBLE as long as the Fed, Fiat Debt-Curreny and Fractional Reserve Banking exists.

The Fed gives corrupt crony politicians the power to borrow, debase & spend to buy “support” from Special Interest Groups, Too Big to Fail corporations, the Military-Industrial Complex & Banking Cartel.

Central Banking = Political Bribery & Cronyism!

Watch: Money, Banking and the Federal Reserve" here on YouTube.

We must AUDIT and then END THE FED.

[calctube]

Tough choices, my aching ass. There's no excuse for raising the debt limit. What we need to do is: WHATEVER THE FUCK IT TAKES. Bring the troops home? Sell off government assets? Abolish departments? End the drug war? Cut entitlements? Good, make it happen. No more bullshitting around with trying to save money by ordering fewer paper clips for the Capitol and using low-energy light bulbs in the White House. Let's get serious.

[radiodj1520]

I Believe This Was A Video Clip Of ABC News' Good Morning America's Morning Exclusive Report On Rep. Ron Paul Of Texas On Wednesday Morning, January 5, 2011.

[411American]

Jobs Truth LOL- To long to late do something insteadof playing games of debate and rhetoric. – Allow your personal State to grow and prosper become independent as once before – Free from the Union becoming self-supporting with United States notes instead of Federal workers - In act the Glass Steagall act of 1933 free yourselves and your children -Break from the Union and the banks fall freeing your Community of No more Govern-Mental Dictators bring back our troops to help.

[nobodyslaw]

Fed war on American Hemp Crops political evil, fed support and FDA licenced "medicine" noxious dangereous at any dose DRUGS! "Cannabis Hemp, specified sched 1 is purely political huoey. Hemp is safe as potatoes. Probably better for you! Use herbal Hemp! End the wars!

[tjohn1986]

I can't believe asspopulous still has a job

[kermitcintronsucks]

All I was saying is that the fed was put in place as a reaction to all of the chaos that happened before it was put in place. It isn't doing its job obviously but It was installed as a lender of last resort. To bail out all the big banks etc. It's role is the same as the IMF and the world bank. A lender of last resort.

[RonPaul2008dotcomluv]

@kermitcintronsucks It is ridiculous that you are standing up for the Federal Reserve Bank because you think it gives us financial stability. The greatest economic depression happened under the watch of the Federal Reserve Bank and congressman Louis McFadden could not finish impeaching the Fed bank because he died of poisoning from a banquet which is obviously very suspicious. Financial stability and the Fed bank are an oxymoron together. Youtube search: Zeitgeist Part 3 Federal Reserve

[kermitcintronsucks]

Peter schiff predicted the housing bubble but lots of people knew what was happening they just didn't care. They were just concerned in doubling their investments.

[kermitcintronsucks]

The late 1800's was a period of chaos. There were tons of booms and busts which caused the Federal reserve to come to being. It was put in place to correct all the chaos that was taking place. It was to be a lender of last resort.

[gergenheimer]

@kermitcintronsucks Peter Schiff isn't an Austrian? Wow, are you going to feel silly when you watch this YouTube video (EgMclXX5msc) of the AUSTRIAN SCHOLARS CONFERENCE at the Ludwig von Mises Institute. "Anyone can see" that no-money down mortgages with no savings and no job was destined for failure? Nobody in Washington, at MSNBC, or at the Federal Reserve saw the problem - they all said it was a new economic paradigm, where "old-fashioned" lending standards didn't matter.

[gergenheimer]

@kermitcintronsucks Did you research what I wrote? Again, the late 1800's were a long period of price deflation coupled with strong economic growth. By contrast, the Great Depression was a decade-long period of economic stagnation and declining living standards, during which government and its "experts" kept prices and wages from falling. It's simple, deflation benefits savers and inflation benefits debtors - governments are the biggest debtors on the planet, hence the myths about deflation.