Ron Paul w/ Keynesian Robert Reich 1/25/10 - CNN's Larry King Live

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Category:

News & Politics

Tags:

• ron
• paul
• keynes
• keynesian
• robert
• reich
• cnn
• larry
• king
• live
• economy
• money
• fed
• federal
• reserve

[BablyonsKing]

I don't think this gov. could do anything that will benefit the people of this country. It's all about the big banks, never anything else. As long as we let these folks up in Washington start the illegal wars going on and on the American People are going to fall flat on their faces.

[elitephpcoder]

Everything the government touches eventually results in catastrophe...Even when it has a good "intention". The coming FOOD CRISIS.. a result of government manipulation of trade and production values. The financial system...Fanie Mae Fredie Mac... ALL THERE DOING IS CREATING ANOTHER ECONOMIC BUBBLE THE GOV MUST SUPPORT (THE STIM JOB BUBBLE). They are wasting the money by creating non-sustainable jobs. End result will be more stimulus and Hyper-Inflation. Freeze my ass.STIM #2 and #3 on way.

[Reido2828]

Reich is a Rat. A disgusting, dirty, filthy, Keynesian Rat!!!

[Ddonjuan]

I love Ron Paul's face while he listens to the Keynesian

[qwertypoiu4321]

Reich is a dwarf, thug idiot.

[pureaggression]

@mongoose704 Are you a libertarian?

[betodesign101]

@mongoose704 robert reiiiiiiiiiiiiiiiich-shuh! likes it in da butt. the fed be like take dat-take dat-take dat.

[rmccay88]

Mongoose, get a damn blog...!

[mongoose704]

Reich once again grossly misrepresents Keynesianism. Keynes never advocated any spender of last resort. He advocated stimulus in the form of rebates, relief AND TAX CUTS so that CITIZENS CAN CONSUME MORE. He advocated deficit spending which means the government takes in less than they are spending. The real flaw of Keynesianism is government malinvestment and greed prevents the spending cuts, and inflationary pressures caused by deficit spending also make future cuts impossible. See the 70s

[mongoose704]

Reich and other libtards were claiming the opposite about the Bush stimulus. They were saying exactly what Ron Paul said in this video that it only benefitted Wall Street and that not one job was saved. They were also screaming that the Bush stimulus will create debt and deficits. They were also saying the stimulus is unsustainable. When the second dip happens it will be blamed on the stimulus ending, not on higher taxes. He also won't tell you that it ended because they are unaffordable!

[mongoose704]

@Bugeda What many do not know is Hoover was actually the father of the New Deal and first implemented it in 1932. he was appointed as chief advisor to FDR with the specific purpose to draw up FDRs first New Deal.

BTW Keynes himself called FDR an economic illiterate because he ROSE taxes in the middle of a downturn when Keynesianism CORRECTLY calls for TAX CUTS across the board. Keynes cited that as the reason the great depression continued throughout the FDR Junta.