Ron Paul blasts Federal Reserve bailouts on CNN (9/19/08)

Ron Paul blasts Federal Reserve bailouts as unconstitutional. States total cost is unknown, could be billions or trillions.

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[Defenstrator]

It's important to understand, and Ron doesn't seem to get it, that Paulson doesn't want to do this. But right now, as we watch, the banking system is freezing up because they don't dare lend money to each other. If that happens, the entire ecconomy will collapse. This isn't being done because they want to screw the taxpayer. It's because they are totaly desperate to avert financial catastrophe. So they hold their nose and eat shit.

[RonPaulvsTyranny]

are you kidding me?? of course Paulson wants to do it?? Many have been warning of this disaster for YEARS... they knew it could happen, but when the Fed engages in price fixing while telling the people we have a free market (a lie) then that's what leads here.. you have to understand that this is a power grab by government to expand even further. they know that this move will weaken the dolalr even more, and that is the goal.. the dollar must die. a regional currency is on the way.. thank to FED

[4kab123]

Amazing how Ron Paul shows up everywhere on the news now that they need an expert on the economy. Too bad they didn't give him the exposure when he was running for the Republican presidential nomination. Too bad for the country.

[patrickdotts88]

The International bankers control the ENTIRE WORLD. Ron Paul knows the game they play, but sadly too few heed his word. Until the Federal Reserve and similar systems throughout the world are abolished, all of the world will remain wage slaves, to the international banking cartels. The dollar represents nothing but debt, money is created out of thin air through the marginal banking practices of the Fed.

[infokemp]

@zip68 lol - there's nothing you can say to me more surreal than this - I just watched a History Channel program on Allied Secret Weapons of world war two where the British proposed building a 2 million ton aircraft carrier made of ice ( I know Churchill & Mountbatton where batshit insane!!!!!) - now who's more high them or you - anyway thanks for the support and a funny comment lol.

All the best

David

[zip68]

@infokemp damn i dont know what you just said but is cool cause im high.

[infokemp]

Europe is the biggest exporter EU is bigger than US & China put together.

The Euro should be the reserve currency as it is based on real output and flows of returning hot money from European firms abroad.

EU will bale out the US now

Paul is right about market economics but the casino capitalist system is at odds with the social democratic maxim that you only produce to the point of social benefit.

Over consumption that addicted folks to credit and low wages that addicted them to credit.

[Enlightenedtruth777]

Love RoN PAUL BUT< any intellectual person can project that it's going to take more then a new president to get out of this never ending rabbit hole.... we a so much in debt because we consme more them we produce china is doing most of the producing

[CrazyKraut20]

why would you tell that to anyone you phony