Bob Barr: American Economy

Bob discusses our economy.

Category:

News & Politics

Tags:

• Economy
• Election08

[YazDawg]

legalize competing currencies so the fed won't have a monopoly on the dollar. ty

[everelusive]

The U.S. Govt and the Federal Reserve are separate entities. The Fed Reserve is privately owned and holds a monopoly on producing American currency that is loaned, at interest to the United States Federal government. 100% of your federal income tax is used to pay back the interest on this loan to the Federal Reserve. You people need to go back and do your homework before you form opinions based on the b.s. you were brainwashed with in public schools.

[Eldeecue]

Problems with our Government have to with....our Government? Whoa. Deep man.

[MakeLoveWarNot]

We love Ron Paul Jeff Pure Christian Fisher Jane Bowell and Al Gore We are in support of a Fisher Paul ticket in 2012.

[rxganja]

Mr.Barr,l still wish you could/or would have come back to your Office the day Jim & Cheryl Miller planned to show you what Cheryl had to endure 365 days each year.

Gary S. & I (Jacki R.) flew in from WI. , to

[YazDawg]

We would not have 1000s of different currencies unless the market decided that that would be best for everyone.

[whodank]

Question. WHY THE HELL IS MCCAIN THE REPUBLICAN CANDIDATE? We are so screwed......

[clericimachine]

Both Democrats and Republicans have harmed our nation long term. While I do not believe unbridled capitalism is in the best interest of our nation, we are way off track.

The role of Government in our economy should be to set limits and define oversight. People should be protected on some level from guys like me-lol

In America today our central control and deficit spending is killing our sovereignty and eroding our liberty. Our founding fathers are all rolling in their graves.

[bigdog49094]

Kid is really no big deal. In '29 banks failed because people tried to withdraw money and they could not comply. Today the Fed bails the banks out by printing money and issuing debt which will will cause inflation and deflate the value of the dollar. In '29 after the bank holiday here my dad was able to withdraw his money based on 5 cents per dollar in bank. Now if they print enough money so it's true value is 5 cents per dollar, of what it is today, how is it any different?

[KarateKidX]

I never said that this is no big deal and that there is no financial crisis. there is a HUGE financial crisis, HUGE! If the government protect people's investments in their banks, we would have runs now and the crisis would be worse.

the government let the banks go out of business before the great depression, and look what happened then.

[bigdog49094]

Well we will see and maybe you are right this is no big deal and there is no financial crisis and as long as we can print money, issue more debt and make government bigger there should be no problem here.