digg

Join DiggAbout

Ron Paul vs. Ben Bernanke watch!

youtube.com — Ron Paul takes on evil fed chairman Ben Bernanke. Opening Statement and Q&A.

Bury
show profanity settings
expand all
  • skinnyskittles, on 07/16/2008, -3/+61Kick his ass, Ron!
    • mrdonato, on 07/16/2008, -1/+25I love how he is able to indict the system without making it personal torwards Bernake. If all of our leaders were like Ron Paul, we wouldn't be in the mess we are in today.
      • nomorepaul, on 07/16/2008, -21/+2You want all our leaders to have written racist newsletters?
      • Minarchian, on 07/17/2008, -1/+6No....nomorepaul is a racist. All race baiters are racist.

        You go around saying this and that is racist as if everyone is a boogeyman.

        Those newsletters were not racist. Not "politically correct" perhaps, but not racist.

        But you're a race baiter, truth doesn't' matter to you.

        http://www.criticalreactor.com/2008/01/28/ron-paul ...
    • JettaMan, on 07/16/2008, -1/+15The Federal Reserve is just like Enron. It can operate for a while and appear beneficial, but after a while it all falls apart.
      • quesi, on 07/16/2008, -1/+9But with the right scapegoating, they get to ask for more "regulatory authority". Problem > Reaction > Solution (meaning screw the US Citizen)
  • TheDeepFriar, on 07/16/2008, -2/+43right on!
  • baker3909, on 07/16/2008, -2/+30Too bad the Fed / Congress are bailing out the criminal big banks and letting the individual "Mal-home investor" get away with murder in walk-a-ways.... Good thing a few taxpaying middle class folks are here to bail them out. If there were a nice middle-class run on the banks (the only ones left with any "value" to their paper money), everyone would be equally as poor and we could have a nice fresh crash of the system.... I guess all of us middle-class folks still want to use our big screen TVs and be screwed by "the man".


    ~~~~ "YOU ASKED FOR IT, BROTHER!" ~~~ Francisco d'Anconia

    • quesi, on 07/16/2008, -0/+5They want us to call it "bailing out the criminal banks", when they (the owners of the Fed, BofA and JPMporgan Chase so far...) are buying up - for pennies on the dollar - the not so connected institutions (Countrywide and Bear Stearns). He who controls history controls the future, he who controls the present controls history. Playing out right in front of our eyes.... Sickening!
      • bullhead2007, on 07/16/2008, -0/+7Of course they are. They did the same thing during the last depression.
    • pukeone, on 07/17/2008, -0/+1We don't have to let them put the payment for the $40T bailout on us. Listen to Alex Jones, go to http://www.infowars.com Be informed they can't stop an informed populace. War criminal Karl Rove fled the country under indictment and subpoena.

      See also http://www.tennesseevolunteers.us
      Taking back our homes, liberties, and lives now. Spread information. Knowledge is power. Share the truth. Corporate fascism oppressors fear us.
  • Pssdoff, on 07/16/2008, -1/+47Ben Bernanke's response is always about maintaining price stability, but the Fed can't even do that.
    http://news.yahoo.com/s/ap/20080716/ap_on_bi_go_ec ...

    He also seemed to imply that the rising prices were mostly the result of the supply and demand of oil. While I'm sure that oil price does play a small part in the reason for rising prices, he can't deny that the dollar is worth significantly less now when compared to ten years ago. Ron Paul is right that the Federal Reserve is a bigger taxer than Congress.
    • Lawofnations, on 07/17/2008, -0/+1The price of oil is not increasing; the purchasing value of the Federal Reserve Notes (FRN) are decreasing. Iran doesn't want to trade their oil for the FRN anymore. So Bush is scheming to destroy them with sanctions, embargos, and military strikes.

      "It's nothing personal. It's just business." - Michael Corleone in The Godfather, Part II
  • iupetre, on 07/16/2008, -1/+35As soon as people realize that price of oil and other goods are going up because of inflation, they will see the lie of a supply/demand problem.
    http://static.seekingalpha.com/uploads/2008/4/17/o ...
    • quesi, on 07/16/2008, -0/+3I wonder who will lose out in the Oil Bubble that is currently inflating?
    • Akronos, on 07/19/2008, -0/+1Wow, is that graph for real? I'm astounded. In terms of gold, oil has been so stable. I had thought that although inflation is one part of the reason why oil has gone up in price, the other reason was increase in demand from rapidly emerging countries such as China and also speculation. So that's all a lie? Is it all mostly due to just inflation of the dollar?
  • jodimcmullen, on 07/16/2008, -1/+36Bernake is looking pretty ragged these days... Maybe he is being faced`with some R E A L economic data. The current banking/housing collapse is only beginning, second year of loans resetting now, and at least 4 more years to go. Massive problem, and you can see it on his face. They had better order some more printing presses from China, lots more.
  • JohnFromChicago, on 07/16/2008, -1/+33Wow .. Benny admit's that inflation is a tax. He calls supply and demand issues the cause of the rise in oil prices. While that may be true in part, a rapidly devaluing dollar is only amplifying that price increase. By raising (printing!) another 300 billion to bail out yet another insolvent bank, we're increasing the money supply by 300 billion and driving the dollar just that much further down. That results in higher prices for everything - not just oil but food, clothing ... everything.

    As long as we allow the Fed to flaunt the law and we have paper dollars backed by more paper dollars, backed by more paper, we are going to be in trouble. I don't see how this ends well, or how there is any resolution to the crisis in the printing of more paper to back up the paper. The Constitution calls for gold and silver coin managed by Congress, and had we not allowed the government and the federal reserve to flagrantly break the law, we would have silver and gold backing our paper, giving us a sound honest dollar and we wouldn't be in this mess.
  • nomorepaul, on 07/16/2008, -38/+1Maybe Ron should stop allocating so much pork to his district. I don't see McCain putting in pork.
    • kemp34, on 07/16/2008, -0/+24Yeah, McCain just advocates multi-trillion dollar wars and hundreds of billion dollar war on drugs. Not to mention a general total surveillance state and torture. Not to mention a trillion dollar standing global military presence.
    • skinnyskittles, on 07/16/2008, -0/+21regarding pork, Paul's view is basically, "I don’t want my taxpayers to be spending their money on government subsidies, but if they are, then I may as well try to get that money back to my district.”
    • Robjayne, on 07/16/2008, -0/+22How many out of balance budgets have Paul and McCain voted for? Paul 0, McCain all of them.
    • quesi, on 07/16/2008, -1/+8You don't want to put McCain and Paul head to head. Without biased and controlled media and shady electronic voting, McTreason wouldn't even be in the running.
    • Godwhacker, on 07/16/2008, -0/+8McCain is a tool. Ron Paul rules.
    • silentboom, on 07/16/2008, -0/+5McCain is ***** useless. The only thing he claims to be an expert in is foreign policy, then he comments on killing Iranians like a common mass murder, and forgets that sunnis are not shiites. He has little to no understanding of monetary policy and claims to surround himself with "experts" who are no less than common washington criminals. McCain couldn't intelligently discuss the contents of a comic book with Bernake nevermind our economy. McCain should do us all a huge favor and spend his golden years in a rocking chair where he can sleepily mumble about his wife being a ***** while he nods off during wheel of fortune. Obama is no better, but at least he still has time to watch some Ron Paul videos.....learn....then in 4 or so years, seek the presidency after actually learning something other than smoothly delivered promises sure to result in nothing. The best way that both of these men could help America is to step aside and let someone who can address these problems do it.
      • quesi, on 07/17/2008, -0/+3Your avatar is so friggin funny man. I hadn't seen that one before and it caught me off guard.

        McWorse or Obama - Your vote ends the US via military or socialism, the choice is yours. This is what a "Democracy" will get you. Restore the Republic.
    • cashman57, on 07/17/2008, -0/+3We have been through this repeatedly and you could not find one dollar of "pork" Ron supported.
      Most of the requests were for mainteneance of federal projects in his district followed by requests for medical facilities in his district.
      You are a liar. You have been proved to be a liar.
  • conza88, on 07/16/2008, -0/+34It's good this isn't the CNBC video... I mean seriously, the whole proceedings - no interruptions; when Ron Paul speaks... Ohhh market update... then they cut away and do a mini interview, fading out Ron's question... then go back and continue a flashing update...

    I mean seriously, you can't get more blatant.
    • macwac, on 07/17/2008, -0/+6I couldn't agree with you more. I was watching the same thing and every time Bernanke was under fire they faded it out and started summarizing or cut to commercial - no wonder most people are unaware of the financial situation and the causes.

  • mport1, on 07/16/2008, -0/+33Excellent job from Ron Paul as always.
  • richmomz, on 07/16/2008, -0/+33Keep up the good fight Dr. Paul!
  • XanderDee, on 07/16/2008, -0/+31It is my hope that people that read this go out and buy gold or silver to protect themselves from the coming economic collapse. If I save one person then I am happy as it matter to that person that read this and acted.

    I would like to respond to constant belief from people I meet that gold and silver is not money but a shiny metal used for jewelery or industrial use and purchasing it is just paranoia.

    First off gold and silver has been money a lot longer than paper dollar have been money and every time in history paper money goes to zero wiping out virtually everyone that does not see it coming.
    Next to consider me paranoid for buying gold and silver only goes to show people do see what's wrong but refuse to believe it however lets examine the word paranoia.

    Paranoia is the fear of an event or action take by others that is impossible or unlikely.

    Thus you would call me "paranoid" for thinking that that the government and banks will print to much money thus causing fast moving inflation. So what you are saying in effect is it is impossible or unlikely that our government and banks will do that. :)

    So let me ask a question?

    How is the Federal government going to pay the interest let alone the principle on the debt of $9.5 trillion?
    How will the government pay for the $56 in unfunded liabilities to medicare and social security?
    How will the government pay for Freddy and Fanny?
    How will the government pay for FDIC when they run out of money shoring up failed banks?

    Greenspan - "[gold] protects savings from confiscation though inflation"
    Voltaire - "Paper money always seeks its intrinsic value - zero."

    Got Gold?
    • kemp34, on 07/16/2008, -0/+6Google "Alan Greenspan - Gold and Economic Freedom" for all you need to know from a man who ran the show after selling his soul.
  • carter1955, on 07/16/2008, -0/+15Expose the Comprehensive Annual Financial Reports of all cities,counties,states and the Federal government, www.cafr1.com or go to your state and type in CAFR.

    This is the 2nd book's kept by our local and federal government they are using our tax dollar's to pad there retirement fund's.
    • MarkEarhart, on 07/17/2008, -0/+2Be sure to take you blood pressure medicine before you do.
  • LumpyRevolution, on 07/16/2008, -0/+27Dr. Ron Paul. My hero.
  • Burnse, on 07/16/2008, -0/+13***** BATMAN...... DID I JUST SEE THAT?

    ABOLISH THE FED!!!!!!!!!!!!!!!!!
  • McLieberman, on 07/16/2008, -0/+14Do I get a REFUND on all the TAX BERNAKE and PAULSON have done to my standard of living?

    The FED, TREASURY, and government's... upside down PYRAMID SCHEME with MONOPOLY MONEY!

    The U.S. FIAT MONEY system that has caused 10's of millions Americans to suffer all for the OLIGARCHY controlling the financial system. The Facts are in Ladies and Gentlemen, and the U.S. Government, especially ANYTHING to do with the MONETARY system, is a FAILURE!

    ABOLISH the FED, TREASURY, IRS, and the rest of the ILLEGAL FEDERAL MAFIA!
    • quesi, on 07/16/2008, -0/+4Juan McLieberman?!?!?!

      Friend added.
    • RobC1999, on 07/17/2008, -0/+3It gets even better, if it is admitted that Inflation is a tax and can be proved that the Fed causes it - then those actions are unconstitutional.

      Since the Fed is not the governement and clearly not elected officials and only elected legistative representatives can levy taxes, that would make the inflation tax illegal.

      I'm sure we remember that little thing "no taxation without without representation"
  • robpatozz, on 07/16/2008, -0/+17News Flash!! Ben Bernacke admits that Inflation is a tax. Time to start those amended returns folks. At a combined inflation rate of 95% since 1982, once you add up all of our purchases for "inflated" goods and services and calculate your deductions, submit those amended 1040s and your financial future will be looking pretty good!

    Just in case you missed the history lesson, we were duped with Federal Reserve Act in 1913, which created a private banking cartel that controls the authority to coin and ultimately print paper money. THE FEDERAL RESERVE IS NOT PART OF OUR GOVERNMENT . (read The Creature From Jekyll Island , by G. Edward Griffin and watch http://www.youtube.com/watch?v=A4kxTkhwR_Q ) The price of fuel, corn, etc…is not high, the dollar is devalued. The Fed has unrestrained authority to print worthless paper money, creating inflation, destroying your purchasing power, your savings, and the value of your labor. Thomas Jefferson is rolling in his grave. Seek out everything Jefferson had to say about central banks and paper money. This same group also gave us the 16th amendment to the, much ignored, Constitution. Which was not ratified by the all of the states, but that is just a matter of Supreme Court record…Do your homework…

    Simple math lesson. Follow the bouncing ball, in oversimplified layman’s terms:

    1. Congress appropriates money (spends money that they do not have, nor will ever have)
    2. The Treasury issues and “sells” bonds to the FEDERAL RESERVE (private banking cartel)
    3. The FED prints the monopoly money (not backed by silver or gold as required in the Constitution) and gives it to the thieves in Congress who don't understand sound fiscal policy.
    4. We the American tax payers now owe the FED for the monopoly money, plus interest! They are guaranteed payment, aka: your hard earned wages, for eternity!
    5. The FED likes to get paid, our friends in Washington borrow 3 trillion dollars from China (isn’t that a communist government, responsible for killing more people than Hitler is alleged to have killed? AND FYI China is one of the LARGEST shareholders in Freddie Mac and Fannie Mae…or so I’ve read…)
    6. Our children, grandchildren, and beyond, inherit debt that will never be satisfied, and continues to mount at an alarming rate, in essence we are all slaves to the system that is supposed to serve us.
    7. Americans sit back and do nothing….or do they? You can start by doing your homework!!!

    If you care about the future of this country, and value liberty, and believe in the rule of law, then educate yourself! We are in the midst of an educational revolution. Our government is a REPUBLIC, not a democracy!!!!! Learn the difference, and spread the word. Every American has a civil duty to read the Declaration of Independence and the Constitution. If you are too busy, shame on you. If you do nothing else, watch the first two videos in the series at www.trueworldhistory.info God bless America.

    Education is the key to preserving the liberties that our forefathers fought and died to insure…Join the Campaign for Liberty, and help to preserve freedom now, and for future generations. http://www.campaignforliberty.com
  • kemp34, on 07/16/2008, -0/+17I wonder if the International Bankster-supporting Digg algorithm will allow this to reach the front page?
    • kemp34, on 07/16/2008, -0/+5227 and nowhere near the front. Damn bury brigade bastards!
  • harikaried, on 07/16/2008, -1/+17FYI, this story only shows up if you turn on "include buried stories" from the search.
    • kemp34, on 07/16/2008, -1/+12What classical dupes/shills would bury this? Total morons.
      • Minarchian, on 07/17/2008, -2/+7It's people who don't want to the truth to be told.

        Sad individuals, actually.
    • Herkimer56, on 07/17/2008, -11/+2It was likely buried by people who understand enough about economics to know that Ron Paul is full of *****.
      • PeppermintPig, on 07/17/2008, -0/+9The argument to end all arguments on economics. Bravo. lol
      • kemp34, on 07/17/2008, -0/+5Yo Herkimer, let me put this in terms you can understand: YOU ARE A TOTAL MORON.
    • onetimer, on 07/17/2008, -11/+2I buried this too, because I could give a ***** what someone who has zero degrees in economics thinks about it.
      • kemp34, on 07/17/2008, -0/+8Yes, clearly, a degree is the only way to achieve economic knowledge. Obviously.

        You know, I don't go bury pro Obama articles just because I disagree with much of his platform, I just refrain from digging them. it would be nice if you guys just lived and let lived a little bit more. Always trying to control what others see via the use of a bury is pretty lame if you ask me.
    • bepart, on 07/17/2008, -0/+8there are speculations that some people use bots to bury ron paul stories
  • AmerPatriot55, on 07/16/2008, -0/+17I just heard on CNN with Wolfe Blitzer that the CEO's of Freddie Mac and Fannie Mae are making 10 MILLION and 12 MILLION per year! EXCUSE ME??? Why should the American Taxpayers have to BAIL THEM OUT, when they OBVIOUSLY have enough money to pay these EXORBANENT OVER INFLATED SALARIES, with BONUSES???
    The Fed is so busy bailing out the banks who acted totally IRRESPONSIBLY, made TONS of money, now they're crying. Well, too bad! We're all hurting too, and to expect to be bailed out because they made BAD CHOICES is just NOT EXCUSEABLE! They have to learn their lesson, swallow the bitter pill and move on, just like the rest of us who have CONSEQUENCES to our actions, whether good or bad!
    If we bail out Freddie and Fannie, that will cost us 5 TRILLION dollars, and it will be on OUR backs, while the CRIMINALS with the bank rolls move out of the country and enjoy their spoils!
  • brainon4u, on 07/16/2008, -0/+13No mistake about it, THEY get it but don't care - it is deliberate! Ron Paul must continue to school the public and then they get to see the "deer in the headlights" look of Bernake and Paulson.

    Wake up people - we want you to be part of the r3VOLution!
  • jaybone62, on 07/17/2008, -0/+8This is your castaway candidate America!
    Take a good luck,
    then ponder if McCain and Obama could even understand what he is saying.
  • Minarchian, on 07/17/2008, -0/+10At 5:15 in the video Bernanke admitted that inflation is a tax.

    Now.

    Who creates inflation?

    The Federal Reserve does by creating fiat money, by and large.

    This is a fine example of the FED admitting that they are taxing Americans as though they are Congress.

    It's a tax in every sense of the word and the FED is illegal, in the Constitutional sense of the word.
  • liljohns, on 07/17/2008, -0/+6Always fun to watch these!
  • oconnor11, on 07/17/2008, -1/+7Three different mainstream media news shows wanted Ron Paul on today after he said the Federal Reserve was the biggest taxer of all! Kudlow & Co on CNBC, Fox News (yeah, I know......that's a rarity), and Glenn Beck on CNN Headline News. The Glenn Beck show was awesome even before Ron Paul came on. Go Glenn! Reveal the truth! Tell 'em our Congress is acting like irresponsible 3-year-olds!
  • oconnor11, on 07/17/2008, -0/+2And one must wonder why the Federal Reserve didn't bail out IndyMac the other day......my thoughts are because Freddie and Fannie deal with government loans which cannot be bankrupted. The Fed knows these loans are still viable as opposed to IndyMac's.
  • oconnor11, on 07/17/2008, -0/+4One of the best comments to Bernanke today was from a TX representative (but I forgot his last name - first names was Jeb). He told Bernanke that there are many Americans who would rather they bail out Anheuser-Busch than Freddie and Fannie! So true! I think Bernanke probably needed a few Buschs after today's questioning!
  • RobC1999, on 07/17/2008, -0/+10This is great that Ben admits inflation is a tax. If it is admitted that inflation is a tax and can be proved that the Fed causes it - then those actions are unconstitutional.

    Since the Fed is not the governement and clearly not elected officials and only elected legistative representatives can levy taxes, that would make the inflation tax illegal.

    I'm sure we remember that little thing "no taxation without without representation"
    • NSResponder, on 07/18/2008, -0/+2Bernanke has also admitted that the Fed caused the great depression.

      -jcr
  • PeppermintPig, on 07/17/2008, -0/+6Didn't Bernanke say that oil was fueling inflation recently? lol

    High prices may be indicative of inflation, but that doesn't mean it's caused by it. So he goes on to blame everything, from oil, to the 'fears of investors', on the rise of inflation and/or the failures of the economy. Anything but what TRULY causes it, and that is increasing the money supply. Who holds those reins? The fed.
    • Pssdoff, on 07/17/2008, -0/+5The price of gold in US dollars more than tripled in 10 years. Can someone explain to me how the price of oil caused that???
  • lazerus9, on 07/17/2008, -0/+6Ron Paul is starting to put certain people on notice that It becomes harder to tap dance when your feet are dangling several feet above the floor!
  • avengingturnip, on 07/17/2008, -0/+7328 diggs in less than 24 hours and still no front page. The algorithm is still broken.
    • heymisspenny, on 07/17/2008, -0/+5I'm not so sure it's "broken" by accident.
  • bacchante, on 07/17/2008, -0/+3I kind of cringe when I see Ron Paul now because he's like an anti-caricature of the Republican party. He just reminds me how ***** the rest of the party is and how his own party treats him like *****. It's painful to watch the last earnest Republican. It's like watching the last patch of ice slowly melt in hell.
  • kemp34, on 07/17/2008, -0/+3The more I think about it, the more enraged I get that something like this would be buried. Whoever is burying this is pure evil.

    This video speaks on an issue that affects EVERY U.S. CITIZEN and nearly every person on earth, as the U.S. dollar is still the world's reserve currency.

    To bury a video showing enlightened criticism of our fiat/debt-based currency system, especially one where our Federal Reserve Chairman admits that INFLATION IS A TAX, is just pure evil. I cannot even call it stupidity, if someone is THAT stupid, they have been overcome with so much designed anti-common sense that they have become a minion of designed evil.

    To whoever buried this: to total hell with you.
  •  

    Login or register to add a comment

    Create a new account or login to join in the conversation on Digg. You'll also be able to Digg stories to help promote things you like.


© Digg Inc. 2008 — Content posted by Digg users is dedicated to the public domain.
DIGG, DIGG IT, DUGG, DIGG THIS, Digg graphics, logos, designs, page headers, button icons, scripts, and other service names are the trademarks of Digg Inc.