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Ron Paul on the Housing Bill

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Uploaded by on Jul 23, 2008

"The Mother of All Bailouts"
Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt.

Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.

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  • Live simply so that others may simply live.

  • This guy makes sense.

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All Comments (975)

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  • Will Ron Paul be the first German to become President of the disunited states of America?

  • Barack Obama approves this video!... :)

  • Home building should be open and known to the public. Like automobile manufacturers, we should know who is building because they are getting too costly.

  • Isn't that what Alphonse Desjardins of Quebec said to begin with?

  • Was this prophetic or what?

  • The theory that greed gives a dam about the people has always been financed abuntantly. Can you guess which Party? You got it!!

  • what about families that have lost jobs due to injury or layoff? in some areas of the country there are not many jobs, areas where factories lay off hundreds of people, and there are not hundreds of jobs to go around?  Most taxes go to support the war machine, Hundreds of billions a year are spent on wars and weapons contracts in which the major shareholders are good buds with the people in office who vote to approve the majority of taxes be spent on weapons.

  • all credit cards transactions reported to the IRS...!!!?????WTF

  • Why don't they just treat housing like they do with the auto industry and open up a new market for the private sector to "trade-in" their home for another, whether it is for reasons to upgrade, downgrade, relocation, or whatever the case may be.

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