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.
Lifelong Democrat. Ron Paul is the answer. He rises above politics. Wish he were leader of free world!!!
what’s up with that fuckin idiot behind ron paul?
corporatism in gov is the greatest threat to the US.
Ron Paul just wiped his ass with Ben Bernanke hahaha
Ouch. That was a powerful statement.
Gensler, Greenspan, Shapiro, Bernanke, Emanuel etc… = ALL JEWS
(Just sayin)
Gensler, Greenspan, Shapiro, Bernanke, Emanuel etc… = ALL JEWS
(Just sayin)
@flowmaster2005 Someone should have checked on him, he appeared to be having a seizure!!!!
its funny how most of us only see the condensed/ twisted versions of these REAL conversations on CNN, Fox,,and so on… and if info like this was talked about on the shows like O’reily or whatever, it would end up being shot down or thought of as silly…or no big deal…Ron Paul has his shit together…so im taking his word over silly clowns debating on talk shows……
How could a person trained in medicine school a person trained in economics on the issue of the depression ? It’s like Bernanke schooling Ron Paul on medicine. Makes no sense. I’d rather believe the economist, than the medical doctor who’s a libertarian idealogue
(Copy & Paste)
ALAN KEYES 2012!!!! True change, true hope, true “first” FULL black President!
Screw that globalist, elitist, moderate, liberal, co-conspirator, war criminal, nut job Bush! Obama is boring…& maybe dangerous himself.
so is it correct to say that it would be better for a business to just fail and let others take its place(the market naturally working itself out) rather than pumping billions into it?
@angela1894 Because Ben Bernanke is a lying sack of crap. Just because someone has a specialty is one field, doesn’t mean they can’t be knowledgeable about another. Ben Bernanke is a puppet of the banking and fed, he says and does what those who control monetary policy tell him to.
@angela1894 just watch ron paul . because these so called experts are just pocketing money. the founding fathers were not experts they were smart
@angela1894 because Ron Paul knows his history very well and what happend in the last major financial crash, he also does allot of research . He is very smart, it has always been much harder to get into medicine than it is to get into Finance and he would have done extremely well in maths for his overal S A T’s result. Another example is I am in Australia but know more about American politics than most Americans or they wouldn’t have voted for Bush for his second term lol
@angela1894 : The reason why Paul (medicine) was able to school Bernanke (economics) on the depression is this: Paul has wisdom, common sense, vision and integrity: Bernanke has none of those things, whatever his IQ & bean-counting ability. Also Ron Paul has worked hard all his life wheras Bernanke, and the rest of his Federal Reserve ilk, have all been on social welfare, in the form of US taxes, all their lives.
added! Ron Paul was absolutly correct! Listen to Bernake worm his way out of that. No, there isn’t an amendment that creates the Federal Reserve, Mr. Bernake
@beebop46n2 most of his ideas i agree with. but he is against abortion and gay rights so i can’t vote for him
@angela1894 Yeah its pretty amazing how Bernanke just got schooled here. you’d think he was playing deliberately dumb so as not to piss off his oligarchic masters. I guess what you’re saying is YOU’ve never taken the initiative to go learn anything more than enough to get by, otherwise you’d know. It’s obvious you aren’t open to the ideas of people you disagree with. Probably just another phony liberal who secretly wants to control the world like the conservatives. Now go read Lester Thurow.
@Beorwulf2008 The Constitution Art1Sec8 gives congress the right to coin money, regulate its value, and borrow on the credit of the US. This duty was transferred by the congress to the FRB under the Federal Reserve Act. The point Mr. Paul is making is that neither Congress (and hence the FRB) has the authority to step in and save failing individual businesses. This again is the corporatism that many on the Right seem so endeared with. As a true liberal, like L Thurow, I am all for a free mkt
COINS
This guy truly knows what’s going on, I would like to see Obozzo has to say.
I Know one thing, This little federal reserve monkey better get our 2 TRILLION dollars back from Europe that he lent them in the past 2 years.Or things are going to start getting real ugly in the united states.The fuc@in balls on this little Federal reserve monkey !!!!!!!!!
Okay, so maybe those financial towers did deserve to fall. But let’s dismantle them slowly, please, so the people at their feet don’t get crushed.
notice how ron paul never has to stop to think about what hes talking about. that only happens when someone is speaking from the heart. like has always done