Congressman Ron Paul Schools Bernanke on the Bailout Plan
Congressman Ron Paul lectures Bernanke on the flaws of the bailout plan and the hazard of the attempt to fix prices versus letting them correct naturally in the free market at the Congressional Hearing today (9/24/08). Ron also questions Bernanke’s authority and constitutionality of using the printing press to generate all this extra money needed for the bailout.
Use www.votesmart.org to tell your representatives you don’t want this plan.
Duration : 0:6:45
[youtube dv6rQ0U01Yc]
“Its not that …” …
“Its not that …”
As per many ppl who know the reality, Fed was created by some super-rich with the help of a few politicians so that they are can have a perennial income at the expense of the middle class
Now, I have not heard anything to the contrary by anyone … so whether RP is the bad/good/no cop…does it really matter? As long he raised something that even a couple of years ago was a conspiracy theory but now supported by 2/3of the House …thats good enough to abolish the Fed!
Its not that..its …
Its not that..its the classic parody, Good cop/Bad cop. Ron Paul is playing the bad cop. Nothing he pushes goes thru. He is playing the bad cop, or good cop..depends on whos veiw. Don’t get suckered into this mind game. He’s a poll-itician. Watch how the Dems are now, its election time. DO U REMEBER THEM IN THE BUSH YRS? Same things they are saying Repubs are doing to Obama they did to Bush, its a game. An they count on a dumb Society!
Great idea if we …
Great idea if we could get more people in office that thinks along those lines.We have such a long way to go so few people really understand
the truth of what is happening with or government.
How can we change things when the main stream media blinds us all.
How about not …
How about not giving money to anybody?
The taxpayers didn’t pay it either, the fed created it. It needs to be destroyed, not given to anybody.
No matter which way …
No matter which way I look at it, the Fed has to go though…
Polticians with a money printing press cannot be good for anybody
Just an idea may …
Just an idea may not work give the money back to the people who gave it to the government in the first place.Instead we give it to company’s that are in dept because of bad business practices.Which would go further in stimulating the economy?
Now that over $12 …
Now that over $12 trillion have been pledged towards our financial crisis, more people than ever are concerned about where their money is going, and if it’s accomplishing anything. We must know what is happening with our money, and the Federal Reserve must come clean with the American people.
Please support ron Paul and the The Federal Reserve Transparency Act of 2009
yea yea its all a …
yea yea its all a fruad. can u really trust ron paul? this is a head game an they are ALL poll-iticians.
Benanke got owned!
Benanke got owned!
Ron Paul is …
Ron Paul is ABSOLUTELY RIGHT. Why, because I haven’t see any results in helping economy. All these saying of new jobs and w.e it is the people or citizens of the U.S should realize that the most of the media is all a LIE. The thing here is people need to convince themselves an realize what awaits the people and learn to make or create massive profit i marketing business or real estate because there isn’t any future for those who just make wages.
Thank you….May all be well for our future.
making more money …
making more money to bailout the debt?does that idiocracy even constitute as a legitimate response?
benake is smug dont …
benake is smug dont you think?
Actually Bernanke …
Actually Bernanke schooled Ron…
a ron paul/dennis …
a ron paul/dennis kucinich presidency …
thats my wet dream… these guys know whats really happening…hes taliking about a form of communist capitalism.
the weimar republic overprinted their money…took a wheelbarrel to buy a loaf of bread.
a big YEAH to …
a big YEAH to the guy below me that is in favor of term limits for congress. if anyone has ever read Thomas Paine’s “Common Sense” that is exactly what he talks about. The government that exists today and many of it’s actions (regardless of party affiliation) would make the founding fathers want to puke their guts out.
Bernake is a great …
Bernake is a great example some some one who is “book smart” but with no apparent practical knowldge. A country like an indivisual that continues to spend more than it makes will sooner or later find no one willing to lend them money because they never pay it back.
I am convinced that …
I am convinced that an audit of the Fed will show that they acted (and have previously acted) outside the boundaries of the Federal Reserve Act. The Audit must happen!
When it does, the Fed will be done.
As a republican I …
As a republican I say: All members of congress that voted for even a single bailout are traitors that must be killed.
And Bush betrayed us too. No more party line politics for me, I support only what’s right from now on. Thus: no more bailouts, abolish the fed, term limits for congress.
amen brother,its …
amen brother,its time for revolution at a grass roots level
I was talking about …
I was talking about the creation of money re: the treaury. Wonder how we would all make out if we all we on the street literally.
Section 8 – Powers …
Section 8 – Powers of Congress
To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures;
& the 16th amendment.
The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.
Somehow that lets them create the federal reserve.
Your body is your …
Your body is your property. You have a right to do whatever you want with your property, even if it’s filling it with THC. Personally I don’t like drugs but prohibition is unconstitutional. That’s why when they did it with alcohol they had to amend the constitution. States can’t regulate it either, other than economically (imports, exports, taxes, etc.). But of course they just do what they want with no regard to the rights of man. ATF should be a convenience store.
wonder what the …
wonder what the constitution says about the creation of money…lol
Yes however ‘ …
Yes however ‘freedom’ comes at a price. I do agree states should have the right to run their own govt how they want. For instance i dont think the ATF should have gotten involved in the pot smoking thing in CA. But there are things that the fed gov should get involved in, esp when the state is in the wrong.
the puppet enacts …
the puppet enacts the instructions of a puppet master