RON PAUL TO BERNANKE: Federal Reserve is a Predatory Lender

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House hearing 7.16.08

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reptilian?? lmao! ... ( 5 months ago by vincentvendetta1)

reptilian?? lmao! look, Ron Paul is MORPHING!!

CHENEY IS A CRIMINAL ( 4 months ago by kn9iou)

CHENEY IS A CRIMINAL

Ron Paul is a ... ( 4 months ago by Darizk)

Ron Paul is a straigh shooter. We are listening......

Darizk...1-assume ... ( 4 months ago by lvildos)

Darizk...1-assume PaulRon is elected, 2-assume RonPaul gets congresional backing to abolish the "FED" 3-he will likely mess it up with his representation of what constitutes a "low" interest rate

war criminal liar.. ... ( 4 months ago by xxvtpatrick)

war criminal liar...should be prosecuted...traitoer

What he's saying is ... ( 3 months ago by McConsumer)

What he's saying is that the market will determine the interest rate by itself. He is claiming that the FED is keeping the interest rate low artificially: in other words, the "natural" interest rate right now would be very high, because people would be wanting to protect their money. This would encourage savings and would begin to heal the "credit crisis" as it has been called.

TAX PAYORS MUST OWN ... ( 3 months ago by mastior)

TAX PAYORS MUST OWN WHAT THEY BAIL OUT
America Investment Reserve, fed res, is unneeded. Feds are Dead, Now is time for Congress/Senate to RECREATE The American Federal Reserve owned byAMERICA
1. Where's the World Money Mkt. for America?
2. Stop GIVING Tax Dollars to other countries
3. Time to collect money owed to USA.
4. No Profitizing, NO CEO's
5. PAULSON LIES, JEWS BAILING OUT THE JEWS

one of the last ... ( 3 months ago by MannoMagic)

one of the last thinking people...
one love
one world
one people
peace

Array ( 3 months ago by AdenMutiny)

NO BAILOUT!
URGE YOUR SENATORS AND REPRESENTATIVES TO Vote for H.R. 2755: Federal Reserve Board Abolition Act.

Federal Reserve ... ( 2 months ago by uhaegde)

Federal Reserve lends money to the US Treasury when the Treasury could be printing this money interest free. How does this money gain value??? When you, the AMERICAN citizen works for it. It is this measured labour (measured and dictated by the operating of a free market) that determines the dollars buying power. The more effort exerted per dollar (ie: depends on how frequently the dollar printing presses are operating) the more buying power put into the dollar.

And guess what??? ... ( 2 months ago by uhaegde)

And guess what??? If the Treasury prints the money; we dont owe interest on it!!! what a concept!!! NO DEBT SLAVERY. Why did we rebel againsed Britain??? Because they were making us loan our credit from the BANK OF ENGLAND!!! HELLO!!! ANY HISTORIANS IN THE ROOM???

YOU GO RON PAUL!!!! ... ( 2 months ago by imanerd36)

YOU GO RON PAUL!!!!!!!!!!

Ron Paul RULES!!!!! ... ( 2 months ago by holyoakproductions)

Ron Paul RULES!!!!!!!!

Right on Ron. The ... ( 2 months ago by almartin77)

Right on Ron. The predatory lending comes from the Federal reserve and Congress's gutless refusal to stop the spending. Seems to me that the only was to fix this mess is to stop feeding the Beast.

yeah but can you ... ( 1 month ago by jason23296)

yeah but can you imagine what inflation would be like if the government would print out a few trillion dollars and payed there civil servants and military 1 million dollars a week? A government has to be limited by the same financial system to limit there power. Saddam printed his own money in Iraq and the economy flopped over night and that was weeks before even one missile was dropped by Us Forces.

What you just said ... ( 1 month ago by uhaegde)

What you just said is obviously not what I was implying. What I was making clear was that for credit to truly be for the people and by the people, it must be managed by those that have the interest of the Nation at heart and not by Private Bankers who have in their interest to enslave the Nation with debt.

it wouln't work. If ... ( 1 month ago by jason23296)

it wouln't work. If the government had the ability to print it's own money it would cause the economy to fail in the event of war. If the government simply printed money today to pay of it's multi trillion dollar debt inflation would increase to the point where 1000$ would only be worth 100 dollars and saving money would be impossible. The Bankers do have interest in the nation.Bankers money is only as valuable as the governments they lend it to. If America failed the Fed would to.

"The bankers do ... ( 1 month ago by uhaegde)

"The bankers do have interest in the nation." Yes they certainly do!!! They are interested in having a working populace such that these work cattle will deposit their life savings into their institutions. Then the private banking institutions can loan out more credit than what they have on reserve. You are right in saying they have an "interest" in the Nation. What I am saying is that actual money creation should be Nationalized away from the private Federal Reserve.

you still haven't ... ( 1 month ago by jason23296)

you still haven't explained to me why you think the government would be any more or less responsible with the monatary system than the fed. If the government could just print money they would just give it to the lazy drunkards and then everyone that works would just quite working and then the government would create inflation buy over paying people a million dollars a day to do stuff that should only be paying 15 dollars an hour.

it's called "fiscal ... ( 1 month ago by jason23296)

it's called "fiscal Responsibility" it's a term republicans use allot... and no I'm not a republican but If the government would only spend money that it has then it wouldn't need to get money from the fed. I just bought a car I didn't want to get financed for an auto loan so I saved money and payed in cash I didn't have to pay any interest to the evil banks and I got 500 dollars knocked off the total sales price. The government should do the same.

Its not a question ... ( 1 month ago by uhaegde)

Its not a question of wheather the Government is more or less responsible than the Fed. Clearly, neither the Fed or the Government have a vested interest in making the US Economy thrive. That is very apparent from recent events that have taken place. I am arguing the following: Assuming the Government is a true Nationalist Government. A Government for the people and by the people; then within this would be an interest for Nationalizing the Money System.

Unfortunately the ... ( 1 month ago by uhaegde)

Unfortunately the US Government and the Fed is filled with those that grovel and worship the feet of the International Financial Elite. Those scoundrels will allow the Auto Industry to flounder and die and this THIS WILL USHER IN THE DEPRESSION OF THE 21ST CENTURY AND THEN A NEW CURRENCY. MARK MY WORDS!!! THEY WILL MAKE NORTH AMERICANS GET DOWN ON THEIR KNEES TO PLEAD FOR A NEW INTERNATIONAL MONETARY ORDER. Then the money system will now be controlled directly by those International Bankers.

ATTENTION ATTENTION ... ( 1 month ago by uhaegde)

ATTENTION ATTENTION ATTENTION: your Government is morally bankrupt. They will sell you down the river to the International Financial Elite!!! ATTENTION ATTENTION ATTENTION!!!

Money for nothing ... ( 5 days ago by rosny1)

Money for nothing and chicks for free.
What we learn from the past is that we nothing learn from the past.
Since 2000 we are in the Kondratieff Winter. The whole economic system will be cleaned up. Previous Kondratieff winter 1929-1948.

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