Cause for Recession Finally Discovered - Federal Reserve Confronted by Congressman Ron Paul

CNBC anchors were left dumbfounded and acted overtly cantankerous yesterday after Congressman Ron Pauls opening statement at the House Financial Services Committee was broadcast live to an audience of millions.


CNBC went live to the House, clearly without knowing that the Texas Congressman had the initial Republican statement at the hearing of Fed Chairman Ben Bernanke.


After the Congressman spent two and a half minutes lecturing Bernanke on sound money principles, warning that the financial crisis cannot be solved by merely creating credit out of thin air, CNBC cut back to the studio.


Anchors Erin Burnett and Mark Haines were so perturbed by what they had just heard that they immediately cut to a commercial break:

Haines: "This is not going as planned"

Burnett: "No it is not"

Haines: "We were told that there would be a very limited number of opening statements, and it seems to be getting out of control.
"

Burnett: "Heres what we forgot, everybody is taking this live, you know what that means? Why would they miss an opportunity for free air time?"

Haines: "Were going to take a commercial break and get them out of the way, so that when something really substandard [he must mean substantial?] is happening, we dont have to interrupt them.
"

The Congressmans speech was powerful and eye opening:

This is the end of an era, said Paul, we cant reinflate the bubble.if we think that we can reinflate this bubble by artificially creating credit out of thin air and calling it capital, believe me we dont have a prayer of solving these problems - we have a total misunderstanding of what credit is versus capital.


Of course, in the eyes of the corporate media shills for the Fed, the Treasury, and Wall Street Pauls words were "out of control". How dare he speak such sense and actively question the logic of the almighty ones, our only hope, our saviors (who also happen to be the very same set of criminals that led us down the path to economic ruin in the first instance).


Then again, how could we expect anything else from the likes of CNBCs Burnett and Haines, who have previously demonstrated a total lack of understanding of the underlying causes of the financial crisis, even commenting that gold has "no inherent value".

Originally reported by...
http://www.infowars.com/cnbc-anchors-mortified-that-ron-paul-was-allowed-air-...

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[thegreendome]

these tv anchors blow ." when something important happens we`ll let you know". Shameful and disgraceful. Ron Paul just gave a quick lesson on why the fed is criminal and those morons ignore it like used tissue. Ron Paul 2012!!!!

[sindexter]

Your TV anchors are worse than North Korea's

[pageglen]

PLEASE contribute to Ron Paul's campaign for 2012.

[Libertystorms1]

Lets Form up on Ron Paul's wing and take on the Enemy! Point Blank Range!

The NWO has de-cloaked.

...Their Lies they use as a shield are down.

Fire all main Guns!!!

[ImcallingJapan]

the recession is a word for a globe confused as to how the economy of their parts of the world work, and instead leans on other parts of the world to carry them through, this strain has caused a recession....a government should be self funded and self operational, there are too many people who depend on other parts of the world for everything, these are the 3rd world countris, you can map the global economy, and study the loopholes called the economy and find the clog, try taxing alcohol

[prezence1]

So Bernanke has no reason on earth to hold the position of Fed Chair. Not that he cares or anything but it is amazing how long the earth can stay in side of the dark ages.. Perhaps perpetual longing for self destruction is what is driving his organization?? Maybe while giving the power to these people the world will become perfect. Because the false notion of putting in power leaders that are worthy of their positions constantly leads to failure?!?!?!?

[studentofsmith]

At least they let Congressman Paul finish speaking rather than cut him off.

[Robdee999]

Bankers run this country and when someone is already rich do you really think they care about other people making it

[GreatDepressionTwo]

@brutaius Ya Think!

[GreatDepressionTwo]

I think; There starting tell the General Pubic; but make it lool like accident.It went exactly as plained .