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Congressman Ron Paul Schools Bernanke on the Bailout Plan

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Congressman Ron Paul lectures Bernanke on the flaws of the bailout plan and the hazard of the attempt to fix prices versus letting them correct naturally in the free market at the Congressional Hearing today (9/24/08). Ron also questions Bernanke's authority and constitutionality of using the printing press to generate all this extra money needed for the bailout.Use www.votesmart.org to tell your representatives you don't want this plan.

Channel: News & Politics
Uploaded: December 31, 1969 at 5:59 pm
Author: soullfire

Length: 06:45
Rating: 4.93
Views: 271183

Tags: Authority  Bail  Bailout  Bernanke  Constitutionality  Debt  Depression  Federal  Fixing  Monetary  Out  Paul  Price  Ron  Street  Wall  

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sugarpuddin88 (December 31, 1969 at 5:59 pm)
We are at the non-sustainability point of Democracy!Pattern that put the banking Mafia in Charge: Community Rein Act, its enhancement in 95 under Clinton; ending the 1933 Glass-Steagall Act; Sarbanes-Oxley Act of July 2002; lifting of leveraging rules; TARP; elimination of the Uptict Rules; FED now rules commodity market = electronic counterfeiting of commodities (ending of 5th Amnd constitution of title); counterfeiting of securities is the new drug!
OnIineWarrior (December 31, 1969 at 5:59 pm)
Invading another country based on the suspicion that they have weapons of mass destruction CAUSES HATE towards us, in my opinion. I never said that we should or should not appease them. What you think about Ron Paul's views is your opinion.
OnIineWarrior (December 31, 1969 at 5:59 pm)
I havent blocked you. I have friend lock enabled so you have to accept my friend request before you can reply to my messages.
OnIineWarrior (December 31, 1969 at 5:59 pm)
Its called civil disobedience. There is nothing wrong with opposing the war.
uhaegde (December 31, 1969 at 5:59 pm)
ATTENTION ATTENTION ATTENTION: your Government is morally bankrupt. They will sell you down the river to the International Financial Elite!!! ATTENTION ATTENTION ATTENTION!!!
RonPaulHatesBlacks (December 31, 1969 at 5:59 pm)
watch?v=jbOE4Ip7In0. Suck it.Yeah, every country had slaves, so every country should have handled it exactly the same! Whether a country had 5 slaves or FOUR MILLION held by people who would rather die than abolish slavery, it's all the same!
jebril (December 31, 1969 at 5:59 pm)
Ron Paul never said that on Meet The Press I looked everywhere for that couldn't find it. Sounds like you just make up shit, and every country had slaves. But yeah ours was worse.
Nashy119 (December 31, 1969 at 5:59 pm)
The thing is, free markets work; naturally. If you mess around with laws etc then the market is not free anymore and it needs to correct - what your doing is covering it up.Unless of course your not looking for a fair market, instead your probably looking for 'standard of living' which means economic wars.The reason people don't understand is because they expect the system to work on paper, it doesn't. Simple the people in power don't care for consequences or the big picture.
FlyLikeAnEagle2012 (December 31, 1969 at 5:59 pm)
Did you watch CNN early last week.....you forgot to mention that the Feds won't use part of the $700 billion "bailout" money to buy bad mortgages after all - I guess that bullshit sales pitch about them buying "bad mortgages" was told to the media when in reality they're using our money to pad their bank accounts??
RonPaulHatesBlacks (December 31, 1969 at 5:59 pm)
He would say "On your authority, Congress. You passed the Federal Reserve Act, and created the Federal Reserve. Beyond that, I'm not a lawyer, and neither are you, so maybe you shouldn't pretend to the contrary."
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