November 02, 2007

Watch this Ron Paul youtube video on moral hazard, inflation, stupid fed policy and the destruction of the US dollar



Ron Paul is the only politician talking about this stuff. Either he's the only one who gets it, or his peers are part of the scam. I'm reposting this video, because it should be re-watched considering Bernanke's stupid 1/4 point cut this week.

Years from now, people will wonder why Americans let Ben Bernanke and the Fed do what they did, why more people didn't stand up to this treason. And they'll look back at this video and say to themselves, "damn, Ron Paul was right".

Your government is lying to you. They're lying about inflation. They're lying about a "strong dollar". They're lying about GDP.

And the clueless masses willingly go along for the ride.

14 comments:

Anonymous said...

You know Bernanke knows the real GDP number not the fake one and thats why hes cutting

Anonymous said...

He's too smart to be President. We like dumb guys.

westwest888 said...

I'd like to refine my earlier thought:

What if Ben Bernanke is using dollar devaluation in a game of chicken with China to force them to abandon the currency peg? Exhibit A:

"The authority sold HK$7.828 billion ($1 billion) to defend the currency yesterday, twice as much as two previous interventions since Oct. 23."

I think the Fed knows everything we know, and then some but when they speak it's to a world audience so they're tight lipped. To us, it appears they're trying to destroy the currency. I think they're doing something analogous to seeing how far they can pull the cooling rods out of a nuclear reactor without reaching critical mass. Except the reactor is the global economy and the fuel is China.

Congress, the cabinet, and the state department can't seem to get China to let the Yuan (RMB) float. But maybe that rogue branch, the Federal Reserve, can force their hand. And can they restore the currency's former value afterward without sending us into a huge recession?

Stuck in So Pa said...

"Anonymous said...
He's too smart to be President. We like dumb guys."

I remember after the first election, an interviewer somewhere had a voter reply that he didn't vote for Gore because "he (Gore) was just too smart"

If there was ever a scathing condemnation of the stupidity level of this country, to give that reason to vote for one person over another guy (no matter who the 'other guy' is) is the final nail in the coffin.

America truly has the government it deserves!

Oh well, back to American Idol!

raynla said...

westwest888 said... Congress, the cabinet, and the state department can't seem to get China to let the Yuan (RMB) float. But maybe that rogue branch, the Federal Reserve, can force their hand. And can they restore the currency's former value afterward without sending us into a huge recession?

$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Question? has any currency in history, ever come back from the dead? My limited knowledge say's NO

They simply create a new one.

It will be called the AMERO. The Canadians that you soo admire...they are now your new neighbors.

The Mexicans that you look at with a jaundice eye...They are already you neighbors but they have papers now.


Welcome to the North American Union

Got National ID Card?

RayNLA

Frank@Scottsdale-Sucks.com said...

Now if he'd only pull his head out of his ass on defense I'd vote for him instead of Fred.

How can someone be so smart on this stuff and so dumb on defense?

Tangelo Mozilo said...

Frank@Scottsdale-Sucks.com said...

"Now if he'd only pull his head out of his ass on defense I'd vote for him instead of Fred.

How can someone be so smart on this stuff and so dumb on defense?"
------------------------------

I think a lot of people feel this way, Frank. I'm on the fence about the war, but I'm certain that if this nation falls, it will be because of loose monetary and fiscal policy and the nationalization of our federal system, not because of what is going on in the Middle East at the moment.

As Will Durant has said in The Story of Civilization, "A great civilization is not conquered from without until it has destroyed itself from within."

Anonymous said...

Now if he'd only pull his head out of his ass on defense I'd vote for him instead of Fred.

How can someone be so smart on this stuff and so dumb on defense?


Can you try to define your argument against Ron Paul's stance on defense so that we could have a meaningful discussion instead of calling candidates names like "dumb"?

How is the approach we are taking on defense right now not dumb? How is it anything but criminal and destructive to Iraq, the US economy and US defense forces? A nation with a crippled economy can not defend itself.

Just yesterday we found out how Rumsfeld would drop his little snowflakes of pro-war propaganda. We already know the reasons for the invasion of Iraq wre baseless and were simply propaganda. Read up on the NeoCon's "Project for a New American Century" and Brzezinski's "The Grand Chessboard: American Primacy And Its Geostrategic Imperatives".

American politics is ruled not by the will of the people or the constitution. It's ruled by the members of secretive organizations like The Council on Foreign Relations, The Trilateral Commission and The Bilderberg Group. The sooner people wake up and gain some awareness of the bigger picture the sooner we can make meaningful decisions and debate.

To start with, stop getting all of your information from Fox News, CNN, MSNBC and the rest of the mainstream. These are all run by members of the Council on Foreign Relations too.

Anonymous said...

GOLD TO DA MOON ALICE!!!!!!

Anonymous said...

Define dumb on defense, Frank. Are you saying because he thinks we should continue to occupy Iraq? Because if so, you're the fool. Maybe you should stick to whining about Scottsdale residents, because you're incapable of understanding what is truly happening there.

There is no winnable situation in Iraq for the US. The Shi'a are trying to wrest control from the Sunnis, having already taken over that farce of a government. As long as those two are going at it in the streets (Shi'a backed by Iran, Sunnis backed by Al Qaeda), all Americans can do is duck from the crossfire. And that is a battle that has been raging for far longer than the US has even existed. Enough American citizens have been killed in that quagmire, and it's time to truly "support our troops" by saving their lives.

Idiotic Americans think that the reason we're attacked is that Al Qaeda "hates our freedom." Stop listening to Bush and the neo-cons, as that argument is absurd. Since the 1990s, Al Qaeda has demanded that the US leave the "holy" lands of the Middle East - Saudi Arabia chief among them. If the US were to actually do so, and abandon this policy of dollar hegemony (backing the dollar with oil, in essence), then Al Qaeda has no beef with us. Savage as their methodology is, they do not attack without having a grievance. Otherwise, don't you think they'd hate the freedom of the Swedes, the Brazilians, or any other democratic society just as much?

America has to realize that WE are the instigators in this war. Not just in having attacked Iraq and created a power vacuum by deposing Hussein, but in our Middle Eastern foreign policy since the discovery of oil. And that's above and beyond the "influence" we exert to protect our "ally" in Israel.

Get out of the Middle East, NOW. End American dependence on oil. Become as ambivalent to the "sufferings" of Iraqis and other Middle Easterners as we are about those in the Sudan or North Korea. Restore the power of the military to protection and defense, where it belongs. Take the savings in not engaging in illegal and expensive wars funded by debt and provide basic services (but not entitlements!) to the citizens of the USA. And end the illegal policies of spying on, torturing and indefinitely detaining not only foreign nationals, but US citizens as well.

That is the stance of someone with a reasonable defense policy. To think otherwise is to see the projection of our military might as an offensive policy. And we certainly do have enough ignorant war-mongers among those that are too dumb to understand the underlying issues.

JLA

Anonymous said...

Where is he "weak" on defense?

westwest888 said...

Ron Paul is big on defense, light on offense. More popularly, offense spending is synonymous with military spending. $1 trillion a year to be exact of our gov's $3.2 trillion budgeted and unbudgeted spending.

Ron Paul might be the strongest defense candidate there is, because he would use a portion of that trillion to protect the borders. Imagine if all of our military equipment was moved from 138 countries abroad back into the continental United States. I can't think of a stronger defense than that...

Anonymous said...

The sheeple can hardly remember what happened last week much less years ago. Most of them can't even make the link between The Fed lowering rates and the price of food and energy skyrocketing.

rufus10 said...

I never thought that I could support a Texas Republican but he's intelligent and he gets it..also, no BS. Anonymous is right...we love to vote for vapid drones. Bernanke response to his points were double speak and caused my blood pressure to spike...he is a health risk to anyone whose synapses are firing.