Ron Paul on the Housing Bill

Uploaded by: fagan411
Video Description:
"The Mother of All Bailouts"
Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt.
Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.
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Tags for this video: banking banksters Big Brother cabal cartel crisis debt devaluation dollar federal inflation mortgage national reserve

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I find all of this ... ( 2 months ago by LlanaG)

I find all of this horribly upsetting. I can't imagine how this seems like a good idea to anyone but those financial institutions.
Just give the people their money back and leave us alone. That's all the bail out WE need. And if those big companies fall, its not our problem. Since when is it our problem to keep failed companies rolling?!
grr....

we didn't exercise ... ( 2 months ago by monkinator66)

we didn't exercise responsibilities that,in fact, are more important aspects of being a true American than rights. this lack of exercise rendered both our rights and our responsibilites fat, lazy, stagnant & stupid.
examples:
vote for your selected candidate (don't select)
turn a switch-it's EASY!-on your television(radio) for your download (don't think for yourself)
watch a robbery (don't act)

1.why should tax ... ( 2 months ago by sagondo)

1.why should tax payers reward the banks for bad judgment and behavior?
2.Why the hurry and secrecy?
3.Why are foreign banks included?
4.Why are the architects of this proposal demanding a stipulation that will prevent it from ever being revisited,reviewed?
5. why is there only ONE person who will have the power to distribute the money as he sees fit?
6. Why are the details regarding the bailout being held behind closed doors?
7. Why is there NO punitive aspects included in the bailout?

The SUB PRIME LOANS ... ( 2 months ago by iamauscitizen)

The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!

So it's the ... ( 2 months ago by alecscoff)

So it's the Hispanic community at fault?
I'd blame the banks who supplied the money to PEOPLE who they knew weren't qualified for the loans in the first place.
It's sad that American history repeats itself over and over again by blaming minorities and the poor in times of crisis.

Anyone one know the ... ( 2 months ago by briancmyers)

Anyone one know the bill number Dr. Paul is referring to in this video?

and Freddie/Fanny ... ( 2 months ago by emp0rizzle)

and Freddie/Fanny was compelled to give out these toxic loans by the Government. These special loans were created specifically for minorities because historically they've had lower rates of home ownership because of credit.

The U.S. government ... ( 2 months ago by AngryGoyim)

The U.S. government started pressuring banks to increase minority lending. The bankers already knew the "odds" on giving home loans to blacks and Hispanics were bad. But they did it anyway because Fannie and Freddy would buy these high risk loans and repackage them as securities. They should call this the "Diversity Recession". Because that's exactly what it is. Now you and I are going to pay Paco's mortgage payment for him. Welcome to Aztlan.

Now how can you ... ( 2 months ago by ngonea)

Now how can you accuse poor Blacks and Hispanics to be the cause of Global Monetary Breakdown Crisis, when the rich fat cats on wall St & crooks in DC have been rading this country all along before predatory lending, You racist ignorant people are disgusting, I guess the poor Black's who drowned in New Orleans due to Gov. neglect where at fault for that disaster also?
"Money Masters", Int'l bankers cause this just like in 1929, your sons will die Iran..so the fat cats can make $, WAKE UP!

If you don't know ... ( 2 months ago by BlaqRubi)

If you don't know what you are talking about please, don't insult blacks with your bull. The bank PURSUED me, came to my house, called emailed and pressured me into a loan with false promises. Is making $100,000 a year considered poor?? I am poor now trying to make this right. There are NO LAWS to help the CONSUMER, black white or hispanic. The fault is with the FEDERAL RESERVE, DEREGULATION AND GREED. period. And I am not bailing out a government who is NOT supporting me.

Either the Congress ... ( 2 months ago by BlaqRubi)

Either the Congress is not aware of what REALLY went on or they think we are all really stupid. They have no idea what is going in the country they run. The only bailout I am concerned with is one that helps the PEOPLE , who this idiot does not realize have been suffering for three or four years now... Government is addicted to easy money because they have a bunch of flunkies, the american taxpayer, to pick up the slack

"The bank PURSUED ... ( 2 months ago by AngryGoyim)

"The bank PURSUED me, came to my house, called emailed and pressured me into a loan with false promises."
They did the same thing to me! And guess what? I told them to piss off! Then I got me a small condo with a 30 year fixed loan instead. It's not our fault people are stupid. Yes, there were predatory lenders, I'll give you that. But now I've got to make your mortgage payments for you because YOU were foolish. Thanks pal.

STRONGLY URGE YOUR ... ( 2 months ago by AdenMutiny)

STRONGLY URGE YOUR SENTAORS AND REPRESENTATIVES TO VOTE NO ON THE BAILOUT AND TO SUPPORT H.R. 2755: Federal Reserve Board Abolition Act. The American people do not support a bailout, but in fact understand that the economic challenges we face require a massive overhaul of our financial system.
NO BAILOUT!!

YOU KNOW.... i ... ( 2 months ago by cffalk)

YOU KNOW.... i generally think ron paul is a kook , but he was dead right on this shit. we need a third party, NOW

now i see why ... ( 2 months ago by mkjerl2010)

now i see why people liked him for presdent.

2003 reform was ... ( 2 months ago by tommyde8)

2003 reform was proposed on Freddie Mac / Fannie Mae -
This is Barney Franks Response: ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

This guy makes ... ( 2 months ago by MagellanOfBass)

This guy makes sense.

It seems they want ... ( 1 month ago by crashoppe)

It seems they want us to "buy" these morgages so THEY can profit from the assets(housing)of the morgage. The houses and their value are still there.
I'll be more willing go to prison for tax evasion before bailing out yet again the same 'ol failing system,,,,,AGAIN.
WHAT GOOD DID IT DO YOU WHEN YOU BAILED OUT THE AIRLINES NOT TOO LONG AGO ???!!! HEELLLOOO????????????
GO RON PAUL/ CHUCK BALDWIN '08 !!!!!

Live simply so that ... ( 1 month ago by alcoholic714)

Live simply so that others may simply live.

Game Over. ( 1 month ago by jackooboy)

Game Over.

youll see soon ... ( 1 month ago by indyrecordstore)

youll see soon enough he was right on about everything, hopefully it wont be too late when everyone realizes it

Ron Paul has been ... ( 1 month ago by nowayjose470)

Ron Paul has been dead on for decades about our economy, and so are the Austrian economists he learned from (they predicted the Bear Stearns crash a decade ago.)
The bailout isn't the beginning of the end, it's the end of the beginning for the worst financial crisis since 1929.

The estimated ... ( 1 month ago by codej0)

The estimated population of the United States is 304,898,343 so each citizen's share of this debt is $33,707.86. To whom do we owe this debt? Ourselves? LOL! Wake up and smell the coffee, Sheeple!

Bingo, codej0. Who ... ( 1 week ago by nowayjose470)

Bingo, codej0. Who do we owe it to: Indeed. Debt wasn't a problem when we owed it to ourselves and every interest dollar paid is one dollar earned. Debt wasn't a problem when we were financing a production infrastructure. When we shifted to consumer debt in the era of Keynesian economics is when debt became a problem.
But you won't win anyone to your side by calling them sheeple. It isn't their fault they were socially engineered to accept the role of government in our lives.

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