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Exposing the Federal Reserve disaster, courtesy of Ron Paul supporters

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Uploaded by on Jul 6, 2007

Digg: http://digg.com/politics/Ron_Paul_supporters_expose_the_Federal_Reserve

On July 4th, 2007 the Houston Ron Paul meet-up group took action to spread the good word of Dr. Paul and true freedom to celebration goers...

Stop by and say hello at RonPaulForums.com

Soundtrack is "The Battle Hymn of the Republic" performed by the U.S. Army Band.

  • likes, 16 dislikes

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Uploader Comments (bryanxt)

  • heavyc5- Dr. Paul has studied economics & the Fed issue for decades, he knows the issues well. The Fed subverts the free markets & causes recessions by promoting unstable market practices & then promises to bailout bad banking with taxpayer money or further devaluing the currency, thus causing inflation that American have no choice but to accept due to the requirement to use FRNs for the IRS. The free market solution to banking messes: don't use banks that practice fractional reserve banking!

  • Its hard for me or any economist to take your argument defending Paul seriously, when you make a statement like that about the Fed and taxpayer money. Since the Federal Reserve doesnt use any taxpayer money you seem to be confusing them with the Treasury. The Federal Reserve controls money supply. So they print more or less money to balance growth vs inflation. They slowed growth to hold down inflation in 2006, now their printing more to keep growth from stopping. You need to ressearch more.

  • heavyc5- you're right my statement reads wrong, the product of 500 chars responses :) - the bailouts are handled elsewhere. The point is however that the Feds ability to control the money supply as you describe subverts the free market. There's no need to care how the Fed operates beyond how it destroys freedom and thus needs to go.

  • Awesome,what meetup group are you from?

  • Thanks, this is the Houston "24" group.

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  • you know they will assasinate ron paul and you will do nothing about it just like JFK OR WAS THAT BECAUSE HE WAS IRISH

  • Dr. Ron Paul 2012!

  • The point is the government takes money from the Feds that has interest on it that they cannot pay back. They take our money through taxes to try and balance their debt with the feds. It's an endless and vicious cycle. The government needs a SAVINGS, not some private group that prints off money from thin air.

  • the rothschilds have moved thier support from Hillary to Mccain.....lol...that is a pretty drastic ideological shift....shows the evil going on there.....Go Obama 08!!! or Ventura 09'!!!!

  • Those are some honest to god, Ron Paul, PATRIOTS!

    You guys rock!

  • I cant belive we have a Federal Reserve it is the stupidest thing that happened in the us for us. This proves that thier are people who are tring to control the wrold.

  • if RON PAUL doesn,t win in november im moving to canada.

  • neither does your response make sense to me. its just gibberish can you explain it again?

  • It doesnt, but what in the world does any of that have to do with the Federal Reserve? Since the Federal Reserve owns 750 billion worth of government bonds, thats 750 billion less that China or others own due to the Fed buying bonds when they need to increase money supply to adjust interest rates. So your point doesnt make much sense to me?

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