Congressman Ron Paul Schools Bernanke on the Bailout Plan

Uploaded by: soullfire
Video Description:
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.
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Tags for this video: Authority Bail Bailout Bernanke Constitutionality Debt Depression Federal Fixing Monetary Out Paul Price Ron Street Wall

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Wrong Warrior: " ... ( 6 days ago by TeetMauLau)

Wrong Warrior: "remind yourself of the incident...where British Special Forces...were arrested and detained by the police force in Basra."
"Soon afterwards, the Iraqi prime minister's office released a statement insisting there was no crisis in relations with the British.
"In response to recent events in Basra, the Iraqi government wants to clarify that there is no 'crisis' - as some media have claimed - between it and the British government"
You seem amnestic to your own sources.

I dont seem ... ( 6 days ago by OnIineWarrior)

I dont seem amnestic to my own sources idiot. The British government broke their soldiers out of the prison in Basra using a tank. Of course the Iraq government is going to appease and claim there is no crisis.

I responded saying ... ( 6 days ago by OnIineWarrior)

I responded saying it would've been a good foreign policy had we not already caused hate towards us. You seem to be arguing otherwise. You're trying to say that they hated us all along...If we had stuck to a non intravenous foriegn policy then I doubt we would've been hated so much..

There is no proof ... ( 6 days ago by OnIineWarrior)

There is no proof that Iraq had weapons of mass destruction and there were never any such weapons found. In fact, the U.S and British forces have been caught in many incidents staging terror attacks in Iraq. This tells me that either the U.S government is trying to repeat Vietnam..by prolonging the war rather than trying to win it...
You never answered my question either. But I guess you have a good sense of polemical amnesia...

The Constitutional ... ( 6 days ago by TakingBackTheGOP)

The Constitutional Republicans strongly oppose the unconstitutional Bailout!

Dman straight we do ... ( 2 days ago by DanielHubb360)

Dman straight we do.
It's also funny that the creators of Neo-Conservatism (bush, mccain, romney, etc.) were Liberal Democrats.
just a Fun fact to throw in democrats faces when they call you a fascist for no reason at all.

Ron Paul = Life, ... ( 2 days ago by CelticOT)

Ron Paul = Life, Liberty and the Pursuit of Happiness.
Federal Reserve = Debt, Slavery and the Control of Citizens.

CelticOT = ... ( 2 days ago by LambChowder1)

CelticOT = hyperbole, ideology

What's a fact is ... ( 2 days ago by LambChowder1)

What's a fact is you're actually a fascist no matter what cute story you tell yourself

You don't even know ... ( 1 day ago by CelticOT)

You don't even know me! I suppose the founding fathers of your once great nation were facists too?

constitutional ... ( 1 day ago by DanielHubb360)

constitutional republican?
I really dont think i am a fascist man.
Really dude i just studied it in college american history. But I dont really belive they were democrats, thats just the cover they had before they took the cover of republican. KNow what i mean?

Fascism:a political ... ( 1 day ago by Talmagejestice)

Fascism:a political philosophy, movement, or regime (as that of the Fascisti) that exalts nation and often race above the individual and that stands for a centralized autocratic government headed by a dictatorial leader, severe economic and social regimentation, and forcible suppression of opposition2: a tendency toward or actual exercise of strong autocratic or dictatorial control

To soulfire, who ... ( 1 day ago by robms18)

To soulfire, who put this video up, if you actually listened to the whole video and not just Ron Paul's mistaken thoughts, you would see that Bernanke correctly destroyed every issue thrown at him. Ron Paul once again is using economic falicies and false interpretations of the Constitution to prove his incorrect theories on the Federal Reserve. Great job Bernanke- keep up the good work.

im sorry did u read ... ( 1 day ago by JCeiver612)

im sorry did u read the Constitution or did you sleep that day in history class?

Did he not say that ... ( 1 day ago by robms18)

Did he not say that it was Congress, under their authority granted by the Constitution, who set up the Federal Reserve to do its job?

"...coins..." ( 1 day ago by EvanHarold)

"...coins..."

he's right and ... ( 23 hours ago by Tunedup81)

he's right and wrong.. Congress back in 1913 I believe it was changed the constitution to allow private banks (made up by a few people) to enable the Federal Reserve Act.. at which time most of Congress weren't there to be given the chance to vote on this bill. Your'e stating support for the few folks that actually have control of our economy. obviously its working. Printing money out of "Thin Air".. with no actual backing. 1973 shows what happens. Inflation EVERY year sense and Major Debt.

I disagree, and so ... ( 23 hours ago by DanielHubb360)

I disagree, and so do many leading scientific economists. Ron was right about this situation happening, he was talking about it long before anyone would admit there was a problem. This isnt the 1920's. Our economy has been running on the circulation of dept.
Let's talk about housing. Why would they be concerned with keeping housing prices up, when people our having trouble buying houses. Their prices went up because there was so much credit available. Every action has a reaction.

yes, and wilson. ... ( 23 hours ago by DanielHubb360)

yes, and wilson. however, it does a really shity job.

6:20 to6:35 (COINS) ... ( 16 hours ago by tim6575)

6:20 to6:35 (COINS) Reason? Coins Are money gold silver...NOT COPPER!!!!

I can not believe ... ( 16 hours ago by tim6575)

I can not believe Americans are standing Idle While our GOV. Is suppose to be a country of The people For The People By The People That last part is far from the truth..(BY THE PEOPLE?) This all happening cause of the Banks.Sezing up credit And puting fiat Money with interest in our System that is suppose to be backed By GOLD

I ment to say not ... ( 16 hours ago by tim6575)

I ment to say not COPPER OR PAPER! The Mindset of most Americans Are so stupid and they all need to wake up (I mean to think that PAPER IS MONEY FUCKING RETARDS)

The money that ... ( 9 hours ago by robms18)

The money that exists in today's economy is backed by the idea of comparitive advantage. Once you understand how that works in a world with international trade and floating exchange rates, you will understand where the purchasing power of a dollar comes from. The reason we left the gold standard was because inflation (something that is good if happening moderately over time, as it did in the time of the gold standard)

well. I kind of ... ( 8 hours ago by Tunedup81)

well. I kind of agree with you. thanks for explaing your point. I'm struggling to understand how you and I can pay off an approximate debt of $35,000 debt when thats assuming children at the age of 1day old can contribute. and senior citizens at 80 can. working class and age are forced to split this bill. and I'm sorry with that 35k is attached an interest similar to that of a credit card. I cant pay my bills as it is and with major job loss thats putting more stress on the system thus its fail.

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