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6/25/2008 Ron Paul on Federal Reserve a...

Congressman Ron Paul comments on the Federal Reserve's decision to maintain interest rates and raises concerns about inflation on June 25, 2008.

  • Tada
  • posted by Tada
  • Date 7/1/2008 10:28:13 AM
  • Views: 1707
  • All Ages
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11 Comments

Current View: 15 / Show all Comments

importrx7 : LVL 42: VP 5: said:

importrx7

3 votes NegativePositive

516 days 23 hours ago...

Yes, the economy is doomed to a decline if the federal reserve stands where it is, but who is going to listen? Although congress should do something about it, the important part is EVERYONE gets how fucked up this system is and push for a reform.

Unmannedperson : LVL 41: VP 4.9: said:

Unmannedperson

1 votes NegativePositive

516 days 23 hours ago...

Holy crap, Ron Paul is now uploading webcam vids to Youtube?

WTF IS THE WORLD COMING TOO!!!

Dallaman : LVL 38: VP 4.6: said:

Dallaman

Hidden (Show Comment) -14 votes

516 days 23 hours ago...

i wanna tap Amanda Tappings ass

Tada : LVL 40: VP 4.8: said:

Tada

-4 votes NegativePositive

516 days 22 hours ago...

^I see what you did thar.

Pharsical : LVL 32: VP 4.1: said:

Pharsical

2 votes NegativePositive

516 days 21 hours ago...

Great vid. He`s inaccurate about the oil speculation. He lapsed into an academic circumstance of free market determining oil prices. But a free market implies near perfect (or at least reliable) information, and the recent changes to oil regulation were made precisely BECAUSE futures traders knew they could profit from the secretiveness of their dealings. We don`t even know who is buying the oil, so there`s no way to determine how much of the current price in oil is real consumer demand and how much is artificially inflated demand for oil futures contracts. We have a pretty good idea and can estimate, but the market can make no distinction to self-correct until oil trades become transparent again.

But I understand why he dismissed it. He`s trying to bring attention to more fundamental problems with the way our economy is being manipulated. Rightfully so, mainstream media couldn`t be bothered with the news.

Logan xxxx : LVL 6: VP 1.5: said:

Logan xxxx

8 votes NegativePositive

514 days 2 hours ago...

Also, the Federal Reserve is a PRIVATE bank, not part of the government. All currency that they create for our country is being loaned to us at interest. Just remember, that the international banking system exists to make a small number of elites very rich. Anyone else, ie. you and I are just expendable pawns. How does that make you feel?

Paul Bizzo : LVL 1: VP 1: said:

Paul Bizzo

5 votes NegativePositive

513 days 11 hours ago...

"Also, the Federal Reserve is a PRIVATE bank, not part of the government. All currency that they create for our country is being loaned to us at interest. Just remember, that the international banking system exists to make a small number of elites very rich. Anyone else, ie. you and I are just expendable pawns. How does that make you feel? "

This is acually a true statement, many presidents were assassinated when they tried to abolish this system. Abraham Lincion and JFK both had plans to change the monetary system. Anyone with a brain, knows that having a bank, that operates for profit, controlling the printing of money, should not be printing money.

IMO Ron Paul is looking at important issues, that are causing our problems. The US constitution, Federal Reserve, and the IRS just to name a few.

Pharsical : LVL 32: VP 4.1: said:

Pharsical

1 votes NegativePositive

513 days 9 hours ago...

^ Nice, I didn`t know that nugget of history. You`re much more informative than that other guy, Frank Rizzo :P

^^ I feel used, manipulated, betrayed. Yep, just another Tuesday >:(

Convalescence69 : LVL 29: VP 3.8: said:

Convalescence69

5 votes NegativePositive

513 days 8 hours ago...

Ron Paul is the Christ of Sense and Reason.

vee445 : LVL 32: VP 4.1: said:

vee445

4 votes NegativePositive

513 days 7 hours ago...

Best thing to do at this point is keep circulating videos like this. +1 for the poster, keep it up.

Most people get angry/upset when I mention things like this and don`t want to listen to it because they`re afraid of a recession. Even so-called educated people like my own parents wont listen to me because they have their own problems. Well, people, all of your own problems are going to get a lot worse if we just ignore things.

javlin_101 : LVL 35: VP 4.3: said:

javlin_101

-1 votes NegativePositive

509 days 21 hours ago...

borrowing from the prople is wrong I`m sure people in government must know that why do they allow this to happen?

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