RON PAUL TO BERNANKE: Federal Reserve is a Predatory Lender
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...decided they would mandate deficit government spending. Of course we the people put them in- so blame yourself and your pathetic union controlled educational system.
The federal reserve has played the role of the devil tempting people further into debt- and the decadent people and businesses went right for it - enslaving themselves.
The government needs limited and reduced- and the fed reserve needs to be regulated tighter since we have made it our fundamental economic constant.
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Buy Gold and Silver- they will hold their value in inflation- keep 50% dollars in case of a depression so that you can purchase things normally- though gold and silver may work in a depression as well as a hyper inflation. All of this happened when Keynesian economics was combined with going off the gold/silver standards and politicians like FDR through Obama (and lots of republicans too)...
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Ron Paul doesn't even know how the Fed creates money. We should eliminate the Fed and create our own money system. See Ellen Brown's book.
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Would this bail out plans work? Why such a haste without provsions to protect citizen's money? Sometimes the bitter medcines is good. It sounds more like greed melt down. The economy is like a battery need to recharged,remmeber tech.bubble /Thanks to mostly republican congressmen who voted against it and insisting further provisions.
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Paulson was a former Goldman Ceo. Godlman was the biggest better on oil driving oil prices up. Fed. reserve memmbers are all bankers. Every time Mr.B try to please the wall street, the dollars weakens against EU and oil prices go up since the oil is pegged on Dollars. Eu union unhappy today because our money did not bailed out their banks as well. It will cost every US citizen $2300 per person includes every child.
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Ron Paul the only serious man that knows what he talks about. the rest just say "its all good" and follow the flow
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Ron Paul is the one of the only adults in the political system! The rest are just plain scammers
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Who is that weirdo in the back with half hat hair and half fluffy hair?
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";-D
I had to laugh, when Ron mentioned the Dollar Crisis ca. 1978/9. I was assigned as 'Applied Mathematician' to Gerry Enderby-Smith (Fuji Bank) Ron Paul is perfectly correct, A strong Dollar trumps strong regulation. Together we made the Japanese Yen very strong!..... BUT!
Gerry warned me. "Alastair have you any idea what this will do to house prices in the long term?"
"No, please tell..."
"...Gosh! that much!...then I guess there will be an occasional correction now and then."
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To the point and matter of fact, that is how Ron Paul operates.
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The truth sure destroys a foundation of lies. People don't debate what Ron Paul states, they simply ignore it.
Skinski7 3 years ago 10
Yeah that was good. Hundreds of congressmen, one person speaking out, every time!
malakai0 3 years ago 8