Ron Paul on the Financial Crisis

6 Responses to “Ron Paul on the Financial Crisis”

1. Plunge Protection Team Posted: Sep 19th, 2008 at 3:11 am

   Ralph, Ron, & Cynthia: Now they’re planning the crime of the century Well what will it be? Read all about their schemes & adventuring It’s well worth the fee So roll up and see How they rape the universe How they’ve gone from bad to worse Who are these men* of lust, greed, & glory? Rip off the masks & let’s see But that’s not right, oh no, what’s the story? There’s you & there’s me That can’t be right Reply | Quote selected text | Link to this

2. spinnikerca Posted: Sep 19th, 2008 at 3:19 am

   What a shame no one listened to him when he predicted this five years ago. Of course the vested special interests all want corporate welfare to continue, but it is destroying the dollar at the expense of ordinary people. Reply | Quote selected text | Link to this

3. Scott Harmon Posted: Sep 19th, 2008 at 4:33 am

   Forget about all the political hogwash, since the Media and the Fed and the Pols aren’t going to get at the truth, no matter how hard they try to avoid it. Just one simple question will do: If you wanted to invest in the value of the dollar (say, as kept in the bank), or the value of gold or silver, which would you choose? That same question is being asked by many. When they pick the right answer, the dollar-based system goes down. Then, the real truth diversions begin. We’ll see beads of sweat rolling off the heads of the Wall Street explainers, the news anchors, and the King’s Court, as they dig deeply into the Excuse Bag. Then, they’ll concoct plans and schemes with reckless abandon. It’s going to be quite a circus. Reply | Quote selected text | Link to this

4. Web Smith Posted: Sep 19th, 2008 at 4:42 am

   This problem actually started over a hundred years ago when the feds got out of the citizen protection business and into the regulation business. When the feds started regulating, special interests from the entire world descended on them like like a plaque. The result was every problem that we are facing today in banking, illegal immigration, education, the national debt, the trade deficit, inflation, and trillions of dollars spent on unnecessary wars. http://ewebsmith.com/bus/wrongbusiness.html Reply | Quote selected text | Link to this

5. Elena C. Posted: Sep 19th, 2008 at 2:40 pm

   Our banking system was authorized by Congress in December, just before Christmas when most members had gone home for the holidays, in 1913. It is based entirely on debt plus interest paid to the private bankers. The system forces an economy to continually run faster. We’re seeing massive efforts to pour liquidity into the markets to keep it afloat today, which can easily lead to hyperinflation. Ultimately, it is non-sustainable, and will implode. Google “Money as Debt” or try the link below. I don’t believe there is a more important concept for Americans to grasp than this. You can try this url address, as well: video.google.com/videoplay?docid=-9050474362583451279 Ron Paul has long been advocating allowing other forms of money to compete in the market place, rather than forcing citizens to use a fiat currency that has lost 94+ percent of its purchasing power since 1913. Whatever system inevitably replaces our current system, it must be one without the current international bankers collecting interest on our productivity. Truly guys, this is the crux of it. Reply | Quote selected text | Link to this

6. allison Posted: Sep 19th, 2008 at 8:57 pm

   I am so glad I came across this today: http://www.lewrockwell.com/orig8/hamilton5.html A solution for Ron Paul supporters. Pass it on. Of course Paul saw this coming. He has studied Austrian Economics. It is not rocket science. Devalue the dollar and prices go up. Counterfeiting is bad for the average Joe. More regulations mean more malinvestment. Without short sellers how will the market know when a business is in trouble? People will buy worthless stocks because they won’t know better and they won’t they be surprised when the stock drops like a stone. This is called protection? We are headed for some very bad times. It is funny, but nearly all economic commentary these days is 100% backwards. The people are so fooled. Now they will put more money into worthless stocks and get hurt even worse. Reply | Quote selected text | Link to this