FORECLOSURES & THE ECONOMY: Rep. Ron Paul

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Video Description:
Video from:
House Financial Services Committee - September 20, 2007
Full committee hearing on "legislative and regulatory options for minimizing
and mitigating mortgage foreclosures." Witnesses included Henry Paulson, Secretary of the Treasury; Alphonso Jackson, Secretary of Housing and Urban
Development; and Ben Bernanke, Chairman, Board of Governors of the Federal Reserve System.

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Well Ron you called ... ( 2 months ago by bigdog49094)

Well Ron you called this for the American public and the American public said you are nuts. So I hope they are happy now.

This Monday is the ... ( 2 months ago by photopro2008)

This Monday is the day of the big crash, 72 hours from now

OBL plan is working ... ( 1 month ago by olh1152)

OBL plan is working. He saw that the soviets were defeated because they were in a war they could not afford. We are in 2 wars and we definitely cannot afford them. This is the biggest rip off of the American taxpayer I have ever seen. I am planning to draw all my 401K money out. I know I will take a 40% hit from the IRS, but at least I will be able to pay for the house I live in. I can then live on rice and beans for the next 2 years and wait this depression out. One is coming!!

it puzzles me as to ... ( 1 month ago by mreisma)

it puzzles me as to why more people don't love him

God bless Ron Paul ( 1 month ago by AppleCider99)

God bless Ron Paul

Ron Paul is a true ... ( 1 month ago by bluemonday2020)

Ron Paul is a true leader

well while he ... ( 1 month ago by Odanrot)

well while he represents a lot of good points he imposes some of the most important ones lie the separation between church and state and gay marriage with at the same time saying that the Constitution should be follow all the way through yet he imposes the things that should be a universal freedom to all. I'd love him more if he just stuck with the Constitution rather saying church and state should be one which destroys the freedom of religion and from it.

Odanrot - As stated ... ( 1 month ago by TheWuWho)

Odanrot - As stated in the Declaration of Independence-
"We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness."
Perhaps you can understand that our creator is fundamental to our liberties. If "God" is Replaced by Government", then the Government can take our rights away.

HISPANICS were the ... ( 1 month ago by tellthetruthh)

HISPANICS were the major group to hold SUBPRIME LOANS. HISPANICS were given loans when other groups could not get them. Now they want to be bailed out of their mess!!!If they weren't so greedy they would not be in this situation. Most of them didn't even have SSN oe EINS.Now BUSH has made it possible for them to get bailouts without SSN or EINs!!!S0illegals aliens are milking the system again!!! While Americans pay the bill!!!

r u kidding me. he ... ( 1 month ago by mreisma)

r u kidding me. he believes church and state should be completely to different entities. he believes that anyone can believe anything they want, and that religion doesn't belong in politics or the government. if i didn't clear this up, then simplify your paragraph to better understand what u said.

I wish you searched ... ( 1 month ago by Odanrot)

I wish you searched for yourself before replying I was right and I am not the only one who knows so.

Who is that asshole ... ( 1 month ago by jthedr)

Who is that asshole sitting in front of RP smilling away like this is all a funny joke. What an ass

i know everything ... ( 1 month ago by mreisma)

i know everything about him. why don't u find the quote.

Hey, its all Bush's ... ( 1 month ago by photopro2008)

Hey, its all Bush's Fault! He granted millions of potentail homeowners who turned out to be uncredable. Its all his fault! Hey! its bush's fault!

Give a Mortgage to ... ( 1 month ago by nesnman)

Give a Mortgage to someone that doesn't even know they have an adjustable rate and you want me to feel sorry for them? I've done just fine in the last 20 years. Both of my homes are paid for . I only mortgage a home for 15 years .

Odanrot: Where did ... ( 1 month ago by Spazzfrom1989)

Odanrot: Where did you get this information? Do you have a article of clip that proves Paul is in favor of what you say he is? Because im pretty sure you are wrong on that aspect? What lead you to believe this anyways?

This bailout needs ... ( 1 month ago by bilpayne)

This bailout needs to be stopped price fixing never has and never will work what would be so bad about prices going down so my land not worth as much its never going to be for sell in my lifetime anyway this is all just a big scam shutting down bank and selling and selling rrrrrrrr

Im just ... ( 1 month ago by DamageIncFib)

Im just sick.foreclosures...more then 700 families loseing there homes per day.headlines in yahoo and google...show the positive like get a great deal on a home or how to find the best job now?just like the war they will not dare show the familys or soldiers who bear the disaster.hide it away from us so we ignore and keep working to survive..

I just purchased a ... ( 1 month ago by TELEVISIONARCHIVES)

I just purchased a Foreclosure . If you look and do your homework you can get some great deals. I'm renting it out so I'm looking to make a profit.

Where do you go to ... ( 1 month ago by faye06)

Where do you go to find forclosures?

There is no ... ( 1 month ago by kng863)

There is no correlation between wages and home prices after you bought the home out right. A millionaire can sell all his/her assets and live in a $30k house undetected from society and live frugally. A house is actually a liability. Anyone who buys a house is always at a loss because of property tax/maintenance. Once a person buys a McMansion and realizes it can't be sold easily, reality kicks in and the wealth fades.

buy guns a ... ( 1 month ago by CrystalIrismusic)

buy guns a revolution is coming

The value of the ... ( 1 month ago by allgoo19)

The value of the house you just bought will go down as the whole market slows down further. It's not the bottom yet.
Same can be said on your renting house, as the price of houses go down, so do the rent. You will have to compete against other rent houses.
It's not the best time for buying a house for investment purpose now. People buying house now because they have to move, job change etc.
By low, sell high, still works.

I'm in, Crys. ( 1 week ago by Dropmurphy)

I'm in, Crys.

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