Ron Paul on the Mother of All Bailouts watch!
youtube.com — Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar. Also, slipped into the housing bill, was the stipulation that all credit card transactions must now be reported to the IRS.
RonPaulNews- 1505 diggs
- digg it
- Cryptocracy, on 08/17/2008, -4/+137this is disgusting and un-american of congress. But expected, given their allegiance is to the money masters and not to the citizens who elected them.
- richmomz, on 07/24/2008, -2/+23We let them get away with FISA and shredding our 4th Amendment rights so why should this surprise anyone?
- dhVyse, on 07/24/2008, -17/+2This is also already on the front page, so, buried.
- centure7, on 07/24/2008, -0/+9The sad thing is that most of those who just voted to have our credit card transactions tracked, 800 BILLION more debt approved, and a bunch of mortgage workers to be fingerprinted, WILL ALL BE RE-ELECTED. Americans are starting to wake up but the vast majority of them are totally ignorant in a mental retard sort of way. Its pathetic!
- maj0rm0j0, on 07/24/2008, -0/+8Why won't they bail me out?
- edstate, on 07/25/2008, -0/+1Try and be stupider... they'll take care of ya.
- tk0680, on 07/24/2008, -2/+3The phrase "un-American" is the most adorable thing to spring forth from your entire continent. Maybe a few hundred years ago, the values of honour and charity could have been considered "American". Ask what anyone today thinks of when they think of America, and I'm willing to bet it's just what this article is about.
- rlbond86, on 07/24/2008, -1/+2This whole thing wouldn't have happened if lobbyists like Phil Gramm hadn't gotten the subprime mortgage industry deregulated. Now the government is ***** no matter what it does. Remember that if the banks go under, the government still will have to pay ***** of money because accounts are FDIC insured.
- BobOki, on 07/24/2008, -0/+2I think it is time the American people demand a different system than just voting. We already know voting does not mean anything, as popular vote does not win a vote.
We need to demand popular vote, congress term limits, and approval rating limits. Fall below a specific limit and you are out of a job. - lexynuzum, on 07/24/2008, -0/+2we need to do a money bomb to buy air time on the television and put up masses of billboards and signs across america exposing this disgrace. What is sad is that America just doesn't realize. They just don't know. Or, they find out too late. We need to become the media. As well, old folks don't sit out on the internet all day long like us young ones. We have to reach them. Maybe mailers? Something! We've got to do something to save our country!
- raytibbitts, on 07/24/2008, -10/+114No one should be allowed to graduate High School in the U.S. without being exposed to these concepts. Social Studies should include watching Ron Paul videos, and dammit, this video should have been number 1 on YouTube BEFORE the vote.
- Bartboy919, on 07/24/2008, -13/+7PROPAGANDA FTW!!
- raytibbitts, on 07/24/2008, -2/+2I said 'exposed' and 'should include.' And, apparently, propaganda IS winning in your house, if you honestly agree with what you normally see on TV; that passing a bill to bail out big bankers, with a hidden expansion of government spying, is a good thing.
- nickbertovich, on 07/24/2008, -2/+4No, Bart's right, sorry.
- AudioPhotograph, on 07/24/2008, -2/+7Agreed, I can't wait till I got into AP Gov. The prior school year, the teacher came in and gave us a speech of what to expect... which she mentioned a lot of classical conservatism ideas, even specifically referring to Ron Paul. I'm pretty excited that even in a failing educational system you have teachers doing there jobs.
- ajwinder, on 07/24/2008, -2/+7Apparently teaching the difference between their and there wasn't one of those jobs.
- kaplanfx, on 07/24/2008, -0/+10Apparently your English teachers aren't doing THEIR jobs.
- dharmacrat, on 07/24/2008, -4/+8You mean classical liberalism.
There's no political ideology referred to as classical conservatism. Unless you're talking about paleoconservatism, which is vastly different from what Ron Paul preaches.
Unfortunately, libertarians have joined in with the rest of conservatives in turning liberalism into an epithet, instead falling back on their ridiculous dogma that free markets are conscious self-regulating entities. The bailouts shouldn't surprise anyone who has awakened to the cronyism inherent to capitalism--no political-economic system has existed by that moniker without the protection of the state.
Bury me, paultards. - catfish182, on 07/24/2008, -3/+4so if paul isn't taught in the classroom they are not doing their job? that is the worst thing that would happen to a over worked and underpaid public school system. I would take my kids out of some teacher was teaching about only paul.
- Zettabyte, on 07/24/2008, -4/+4Oh ffs, you let kids decide if they like being a social democrat, communist, a liberal Conservative or whatever. However if you are forced to watch extreme right neo-liberal Christian ideals in school, how is the US different from any other Authoritarian government teaching children that their political system is the best political system in the world?
That said, I had a teacher who was strong trade unionist/socialist supporter teaching me business studies. It was very interesting.
- Bartboy919, on 07/24/2008, -13/+7PROPAGANDA FTW!!
- Erich100, on 07/24/2008, -3/+51The bottom line on all of this screw the people attitude our public servants display is that they simply have no reason to fear us more than their masters. We lost that battle 95 years ago.
- FirEnRain432, on 07/24/2008, -5/+5I am one of Dr. Paul's biggest fans and supporters. I've already voted for him three times this year and I am disappointed that he didn't get the nomination. His views on politics are just astounding. It's hard to find American politicians these days that are actually sincere about wanting to get the country back on track. I will vote for Obama a few times come November, he is certainly better than McCain.
I've got my new iPhone 3G, and I love it.
I saw the Dark Knight and it is my favorite movie. Why so Serious?
I am a writer for cracked.com
I'm never gonna give you up.
If any of you bury my comment then you don't deserve to be a digger.- Erich100, on 07/24/2008, -2/+1?
- FirEnRain432, on 07/24/2008, -5/+5I am one of Dr. Paul's biggest fans and supporters. I've already voted for him three times this year and I am disappointed that he didn't get the nomination. His views on politics are just astounding. It's hard to find American politicians these days that are actually sincere about wanting to get the country back on track. I will vote for Obama a few times come November, he is certainly better than McCain.
- LordSkywalker, on 07/24/2008, -5/+72I now wonder, how dumb will future generations think we were? Here we are, watching the American empire crumble away, all while ignoring the few people who actually understand the full scale and significance of our problems.
- tykwondingo, on 07/24/2008, -1/+14how about "how dumb will the next generation think we were" - the ***** has already hit the fan, we're just starting to get rained on.
- brad3378, on 07/24/2008, -1/+10
Supposedly, according to the World Future Society, Generation Y will migrate heavily overseas:
http://www.youtube.com/watch?v=Asl7_7cbjBc
I can't imagine why.- raytibbitts, on 07/24/2008, -8/+4I know that I will look like a hyprocrite for this, but:
Young people need to stay in the U.S. and be active and vote their conscience. Don´t marry a foreigner, like I did. It´s not worth the strife. Marry someone LIKE you, not just someone you like, you won't regret it. - hwy9nightkid, on 07/24/2008, -3/+1@ raytibbitts , what the hell..
don't marry foreigners? your disgusting. - ajwinder, on 07/24/2008, -2/+2Wow, yeah, I've seen some stupid ***** on Digg before, but that the first blatant, disgustingly bigoted statement I've seen yet.
But yeah, way to be a case in point to the OP's point on charge that future generations will think we were retarded. - Hangly, on 07/24/2008, -1/+2@hwy9nightkid- not for racist reasons. Read carefully.
I married a far'ner, but I'm educating her in libertarianism. - raytibbitts, on 07/24/2008, -0/+3Okay guys, let me explain. I fell in love with an exotic, beautiful foreigner who was living in my town in the U.S. We had a few things in common, as of course most human beings do, but many differences that we chose to ignore, being blinded by love, as is normal. Although I could speak her language quite well, she barely spoke English. Our 'high school' experiences, and educations had been VERY different from each other, and I was about to graduate from college, something she did not value for herself, nor did her family. I had a relatively good idea of what my political ideals were, but she could barely tolerate speaking about politics, let alone express her own opinion about it. We are both 'caucasians.' Physically, we look quite similar, and our cultures were not extremely different. She was from a relatively posh background outside the capital city of Spain, and I am a fairly typical 'American.' Despite these similarities, there were some significant differences that we just didn't see, or chose not to see.
Again, to people in love, there are many other things to distract you, as there should be. We even recognized outright that the subject of language, and other areas of decision-making, would put more stress on our relationship than others, but we assumed that 'love would bring us through.' And it did, and it has so far. Prior to marriage, we even talked about how we were going to decide things like where to live, where to have kids, what language to speak at home. No compromise seemed too serious as each decision was being made; but of course, we really had no idea the strife, arguments and pain that were to come, simply because we have such different 'world views' and of course there were thousands of decisions that were left undecided, because you just can't imagine some situations until you're in them.
THAT'S why I'm saying what I'm saying right now: If you value your sanity, if you want to avoid unnecessary strife and moments of discontent, define what your values are NOW, decide what you like, and who you ARE, and marry someone that shares those values. The only important reason I am living outside of the U.S. right now is because it was her turn to decide where we live. It should be noted that, prior to, and during the first couple years of our marriage, she even said that she did not care if she EVER went back to live in Spain, but after a few events in our life, THAT WE HAD NO CONTROL OF, she quickly changed her tune, and for more than 4 years it was a nearly daily occurrence that she would whine about how homesick she was, and would look for some new part of my culture that she thought was wrong, or that bothered her, making herself all the more homesick. Until my five years were up, and it was her turn to decide. Now that we are living in Spain, it feels like it is my turn to complain, although I resist the urge to complain where she can hear or read about it.
Strangely, I have never felt more, for lack of a better word, patriotic for the USA. I truly feel sad for the decisions that are being made by our leaders that will weaken our wonderfully country for many years into the future, but that is not why I left the U.S. - I just feel more strongly about these things, now that I live outside them, and can appreciate not having them.
Just take my complaints as a word of warning. Of course, I love my wife, and will continue to live my strange little life, and we will continue to overcome our differences. If I am a hypocrite for saying that you will be happier if you stay in the U.S. and try to make it a better country from the inside, and that you should be CAREFUL who you let yourself fall in love with: Very well then, I am a hypocrite, with EXPERIENCE in these things. I am large, I contain multitudes.
(forgive me, Walt Whitman)
Oh and, thanks Hangly. And, Night kid, you're disgusting, for assuming it has anything to do with race. It's just about personal, interior, emotional strife. AJ: go look up bigoted, I do not think it means what you think it means.
- raytibbitts, on 07/24/2008, -8/+4I know that I will look like a hyprocrite for this, but:
- brad3378, on 07/24/2008, -5/+85If the wall street bankers get to keep their yachts and the banks get a bailout, then I want a bailout for the U.S. Auto Industry, But why stop there?
Let's bail out the Automotive suppliers.
Let's bail out the airlines.
Let's bail out the Newspapers.
Let's bail out the home builders
Let's bail out the Trucking Companies.
Let's bail out Steve & Barry's
Let's bail out Sharper Image.
Let's bail out Linens 'n Things
Let's bail out Tropicana
Let's just pass the buck to our future taxpayers.- bradysbeau, on 07/24/2008, -12/+0How bout all us paying higher rent cause the housing market went bellyup!!!!!
- brad3378, on 07/24/2008, -1/+13Rent (for homes and apartments) will likely go down if the market is flooded with unsold homes.......Assuming people can still get loans.
- wunksta, on 07/24/2008, -4/+4chrysler ring a bell?
- wunksta, on 07/24/2008, -0/+3are you honestly suprised?
seriously, this ***** happens all the time. what else would you expect given the history of american politics? - DestroyFascism, on 07/24/2008, -1/+5In America business runs you...
I am thinking of moving to the US. As a rich man I can buy a judge, buy a congress, buy a president, claim all taxes and totally ***** up loosing it all and still walk out with a golden handshake. As a CEO I can be questioned on conduct and when the ***** hits the fan, stuff and people just disappear, absolving me of any wrong doing. I love America! Go Capitalism, defend it to death, impoverish a generation and send them to War....***** yeah!- EntangledPhysx, on 07/24/2008, -0/+4What's with the "Go Capitalism" part? You saying such a system is bad? Or are you referring to "corporatism"?
- TheCollective00, on 07/24/2008, -0/+3Don't forget about Starbucks. They need a bail out too.
- bradysbeau, on 07/24/2008, -12/+0How bout all us paying higher rent cause the housing market went bellyup!!!!!
- RPliberty, on 07/24/2008, -4/+46I couldn't imagine being totally in the dark without Dr. Paul's first-hand insight.
- nickbertovich, on 07/24/2008, -3/+1Living must be difficult.
- zinc6471, on 07/24/2008, -28/+5What if Obama chose Ron Raul as VP?
- Wundur, on 07/24/2008, -9/+40Obama is a sock puppet of the corporates.
- floatingorb, on 07/25/2008, -0/+2And still a crackhead, most likely.
- richmomz, on 07/24/2008, -5/+30Wishful thinking but Obama is playing for the other team in this game.
- chaosium, on 07/24/2008, -4/+3In that Ron Paul is conservative, yes.
- richmomz, on 07/24/2008, -0/+6In that he is a sock-puppet of the Counsel on Foreign Relations, just like McCain. The Democrats and Republicans are two sides of the same coin.
- Ifritdave, on 07/24/2008, -1/+1Then i would pray for Obama's swift death as soon as he's inaugurated
- Wundur, on 07/24/2008, -9/+40Obama is a sock puppet of the corporates.
- XanderDee, on 07/24/2008, -8/+27A story i want to share from my subscription...
I just had to comment on these emails I received yesterday and today from an American citizen who fled the former Soviet Union. Here are the emails. I have left in the small mistakes contrary to what was requested because it is more interesting reading.
Artho: I realy enjoy your emails.You are an honest Man (very rare in this days)God bless you.I am from formerSoviet Union.I moved to Usa and become praud US citizin.....BUT what's going on here ,reminds me the former evil Empire.I call this people legal criminals.People who created all types false loan and this banking mess ,now same type of people(correct me if I am wrong) finding new way to still peoples money.I am new in the Market (2 years)After reading your email I understand It' s wrong now to be Investore.I think the old invesment rules stop working ,free market stop working.So try become trader.Companies with strong fundaments and earning going down and some junks ,like WB are moving up 30% in one day after hoorrible report and 75%divientcut.Is this soviet type of propaganda that things are getting better.?????I was an investore for several weeks was busy to recover my loses (EXM SOLF) two good bussiness punished by street and GS.Anyway ,I shorted WB stock ( after yestoday news and get crushed.I would like to know your opinion about todays action and about WB .Thank you in adance.BTW English is my third , so please forgive my Grammer. Best regards ARTHO
My Response: Stock will go up if things become less worse, but still bad. Stocks will go down if things become less good, but still good. You can never trade against the momentum. Learn to read the momentum on the charts. Weekly momentum lasts 8 weeks average. Banks are only 1 - 2 weeks positive momentum now. Stocks are all speculations, so you trade them. I don't believe in "buy-and-hold". The next GE doesn't exist. Good investments are international real estate or a house in a college town. Thank you for writing. May I post your comment in my newsletter? I
Artho: Thank you Nail,Yes you can post my comment.Please ,make it sound better EnglishI hope I can bring my loses back and recover my to "investmnts'(?)I hope it would take 3-4monts.Right now I am on Margin that's why I can not subsribe your service.Those 2 am selling on ups and buying low I hope my recovery sysem will work.Today I did very stupid mistake and needed someone to ask advise.Thank you again Gog bless.Best regards Artho
Artho: Hi Neil, I know Ron Paul. He is very good man.But Amercans are brainwashed.(most of them) Moral values are going down thanks to the people who control media and ...Market.I think last good president was R .reagan.Bob Doll was good man BUT....This country need strong WAKE UP call and more ,much more people like Ron Paul. Tv is garbage basicly and the news are Sovet type lies ,propagana.....you know.better.Regards Artho
My Response: There will always be boom and bust cycles as long as paper money exists. Learning about the paper money is the equivalent of when Neo "wakes up" on the other side of the Matrix. He actually vomits and passes out after saying, "No.. get away from me....." Then, he wakes up and everything was back to normal. People can't handle the truth.- rolf, on 07/24/2008, -0/+2Unlike what you recommend, buying and holding (anything - commodities, stocks, etcetera) works better than daytrading if you know the companies and industry you are investing in and are confident and keep afloat of what they and their competitors and industry as a whole is doing. If you don't, it's all a gamble.
"It is said that if you know your enemies and know yourself, you will not be imperiled in a hundred battles; if you do not know your enemies but do know yourself, you will win one and lose one; if you do not know your enemies nor yourself, you will be imperiled in every single battle."
--Sun Tzu
- rolf, on 07/24/2008, -0/+2Unlike what you recommend, buying and holding (anything - commodities, stocks, etcetera) works better than daytrading if you know the companies and industry you are investing in and are confident and keep afloat of what they and their competitors and industry as a whole is doing. If you don't, it's all a gamble.
- emmeron, on 07/24/2008, -3/+54He still isn't the best speaker, but man... he makes some very good points. Somehow a fear of collapse has once again given more power to government, extending past any reasonable need. 600 pages? Seriously, why? Oh, wait ... to hide all the stuff no Patriot would stand for. This country really is going to crap when this sort of thing flies.
- mcla007, on 07/24/2008, -1/+17"Somehow a fear of collapse has once again given more power to government, extending past any reasonable need."
When the Govt screws up it claims more power to fix the mess it created...then screws-up some more...and asks for even more power and so on.
Crisis and Leviathan - Robert Higgs http://www.amazon.com/Crisis-Leviathan-Critical-Go ... - rolf, on 07/24/2008, -1/+12His speech lacks polish because he's not trying to sell you something without substance. Consider that Hitler was one of the best speakers in history next time you get swept up by someone's emotional rhetoric. (Not to compare that person to Hitler, but illustrating the power of speech).
- ajwinder, on 07/24/2008, -4/+3Thats a stupid point to digg up. To suggest that oratory skills are useful only as a means to fool someone is outrageous. I guess Dr. Martin Luther King was just trying to sell us some ***** on race and equality.
Ron Paul doesn't have great oratory skills. Get over it, but don't denigrate the powerful orators of history just because you want a politician to be infallible. Thats absolutely ridiculous. - rolf, on 07/24/2008, -1/+5Why so hostile ajwinder? MLK was trying to sell something as well, a new way of thinking. I was not denigrating powerful orators.
My point was that a good speaker does not make what he speaks good. - ajwinder, on 07/24/2008, -3/+2Because at best your statement means nothing, and in the probable case, its pretty obvious why I'd think it was ridiculous that a bunch of people found that to be a useful statement.
MLK was selling something with substance, thats the part that peeved me off. And he did it using beautiful language. Part of being able to build effective movements is the ability to inspire on multiple levels of human intelligence. Ethos, logos, and pathos, as Aristotle wrote. Its important to be able to emotionally connect with your audience, and you do this not by ignoring ethos, but by embracing it. Its not a weakness of humanity (its only a weakness when ethos overrides pathos and logos), its how we work, we're not freakin' robots, after all.
- ajwinder, on 07/24/2008, -4/+3Thats a stupid point to digg up. To suggest that oratory skills are useful only as a means to fool someone is outrageous. I guess Dr. Martin Luther King was just trying to sell us some ***** on race and equality.
- Hangly, on 07/24/2008, -0/+4You should read accounts of what Abraham Lincoln was like when he spoke. He had a Mr. Rogers voice and he stood up on his tiptoes and leaned forward over the podium whenever he made a point.
Nowadays I believe we call people like that "dorks" and throw rocks at them.
- mcla007, on 07/24/2008, -1/+17"Somehow a fear of collapse has once again given more power to government, extending past any reasonable need."
- kpmoore, on 07/24/2008, -5/+55If these economic trends continue, our empire will fall. It is inevitable. Most Americans refuse to even acknowledge that possibility.
My father was a Professor of Economics for 30 years and is currently one of twelve economic advisers to the Boston FED. When I asked him to share his thoughts about our current economy, he said "If things keep going the way they're going, in 18 months you'll be glad I taught you how to hunt and fish."- EdDiggEd, on 07/24/2008, -1/+2"our empire will fall"
hint: it's not your empire.
And the folks whose empire it is, are not a part of your team, nor do they care about you.
Now I'm going to leave, because I feel a John Lennon song coming on... - RonPaul2008icom, on 07/24/2008, -1/+6Does your father know the truth that the FED (Federal Reserve) is one of the main reasons behind all of our economic problems in the United States?
- EdDiggEd, on 07/24/2008, -1/+2"our empire will fall"
- bradysbeau, on 07/24/2008, -4/+16No he doesn't speak well but he rings true.... I wish...I wish...oh well.
- Tommyhawk, on 07/24/2008, -3/+40Can someone link me to the part about the IRS collecting credit card transactions? I mean that is nuts... talk about a ***** of data.
- convohypno, on 07/24/2008, -1/+18Tommyhawk
http://rpc.senate.gov/public/_files/L62HR3221House ...
page 11
Payment Card and Third Party Network Information Reporting. The proposal requires
information reporting on payment card and third party network transactions. Payment settlement
entities, including merchant acquiring banks and third party settlement organizations, or third party
payment facilitators acting on their behalf, will be required to report the annual gross amount of
reportable transactions to the IRS and to the participating payee. Reportable transactions include
any payment card transaction and any third party network transaction. Participating payees include
12
persons who accept a payment card as payment and third party networks who accept payment from
a third party settlement organization in settlement of transactions. A payment card means any card
issued pursuant to an agreement or arrangement which provides for standards and mechanisms for
settling the transactions. Use of an account number or other indicia associated with a payment card
will be treated in the same manner as a payment card. A de minimis exception for transactions of
$10,000 or less and 200 transactions or less applies to payments by third party settlement
organizations. The proposal applies to returns for calendar years beginning after December 31,
2010. Back-up withholding provisions apply to amounts paid after December 31, 2011. This
proposal is estimated to raise $9.802 billion over ten years. - thescimitar, on 07/24/2008, -0/+4Holy *****. That is obscene.
- convohypno, on 07/24/2008, -1/+18Tommyhawk
- Hangly, on 07/24/2008, -4/+31This way of doing things simply has too much momentum behind it to stop. I'm sure most people involved know they're headed for disaster, but the structure is such that they are still compelled to continue "doing their jobs." Which they do, while closing their eyes and hoping for the best.
This will not stop until it hits something. Fasten your seat belts, folks. - Minarchian, on 07/24/2008, -2/+43Did your Congressman vote for this?
http://www.govtrack.us/congress/vote.xpd?vote=h200 ...- subterfuge, on 07/24/2008, -1/+13IMO, democrats are failing hard. recently, they were elected in mass to stop the war, which they have refused to do. now, they are destroying our currency
- ajwinder, on 07/24/2008, -4/+2Refused to stop the war? What? Oh, you mean they refused to cut funding off?
Cutting that funding would not have done anything to stop the war. A bunch of Pentagon employees, who are providing a real service to the real security of this country, would have had to go home without pay. Bush announced that he would be furloughing employees under the Pentagon's budget before the vote that passed the funding extension.
So yeah, I'm pissed we're still over there too, but I'd rather be over there with a fully-staffed pentagon than over there with a bunch of essential employees sitting at home.
Its easy to chant this ***** with the rest of the Ron Paul fans and get dugg up for it. Its much harder to actually know the real facts about how the system right now sucks, and then get dugg down for it because it doesn't fit the simple meme, and because the world is a complicated place.
- ajwinder, on 07/24/2008, -4/+2Refused to stop the war? What? Oh, you mean they refused to cut funding off?
- phrstbrn, on 07/24/2008, -0/+12Republicans tended to vote against the bill... Democrats tended to vote for the bill... Republicans are good.. Democrats are bad...
Divide by zero.. system overload... shutting dow.... - ousthouse, on 07/24/2008, -0/+7I think you just blew a lot of minds by posting that link.
- NorthMass, on 07/24/2008, -1/+8I'm very saddened Dennis voted for this... wtf man
- RonPaul2008icom, on 07/24/2008, -1/+2How could Dennis Kucinich vote 'Aye' for this disaster of a bill when he voted against the Patriot Act? HOW?
- NorthMass, on 07/24/2008, -0/+1I don't know, I still admire Dennis and give him the benefit of the doubt because he has proven time and time again that he is not corrupt and he is 100% right on many things. He is also extremely courageous and a great person. I am still saddened though that he voted for this atrocity.
- TonyLocNE, on 07/24/2008, -0/+9The Great State of Nebraska unanimously voted "nay."
***** yeah.- jjacksonRIAB, on 07/24/2008, -0/+4Yep, happy to be in Omaha after reading that.
- subterfuge, on 07/24/2008, -1/+13IMO, democrats are failing hard. recently, they were elected in mass to stop the war, which they have refused to do. now, they are destroying our currency
- TheRealDeuce, on 07/24/2008, -21/+7Duplicate. http://digg.com/world_news/YOU_JUST_GOT_SCREWED_an ...
- peticsu, on 07/24/2008, -16/+4bailout party at my house
got the kegger - MaximusIGN, on 07/24/2008, -3/+27Let's face it. The majority of Americans don't know about this or want to know. The mainstream media will make sure of that. The only possible chance for people to wake up from the disaster that's going on in the government is when they go to the bank to take out some money for a triple cheeseburger combo and it's bankrupt and they find out the government is saving the top millionaires with their money.
- ufia, on 07/24/2008, -26/+8There's no way I'm reporting my gold to the IRS. Go Ron Paul GO GO GO GO GO RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL RON PAUL
/You've just been Ron Rolled in the nuts!- Minarchian, on 07/24/2008, -1/+3Uh....
- rationalbeats, on 07/24/2008, -6/+35Socialism
- stcold04, on 07/24/2008, -0/+2..to it' fullest... it's fascism!
- Skab, on 07/24/2008, -6/+28Buy Guns. Learn to grow your own food. Invest Wisely. Save. Don't spend frivolously. Enjoy small things. Be prepared for anything. Don't expect much from the govt. you'll be shocked and disappointed allot less. Educate yourself, family and friends. You can't begin to change the world untill you change the one directly around you. Worry about wars thats fine but do you have insurance or gas in your car? Find out what matters to you really and make it happen.
- hugolp, on 07/24/2008, -1/+8You forgot the most important one: Buy gold. Dollar is just a paper.
- TonyLocNE, on 07/24/2008, -0/+5Buy guns, and buy them soon.. If elected, Obama will actively pursue the Assault Weapons Ban Reauthorization of 2008.
Bad news for those of us not wanting to fight the imperial army with sticks. - Bilabrin, on 07/24/2008, -0/+3Spend all your money as quickly as possible. Otherwise it just inflates. Borrow at low rates and you'll win in the end with 17% real inflation. Rely on your resume and re-negotiate frequently to make sure to stay at an inflation adjusted salary. Saving is a bad idea. Spend, borrow and be fluid in your employment.
- Jassman, on 07/24/2008, -3/+30Time for the American citizens to form a "well regulated militia".
- Hangly, on 07/24/2008, -0/+3I'm on it. First we'll need a website with some snappy graphic design.
*sigh*
It seems the skills I acquired during my life did not prepare me for my future. - BobOki, on 07/24/2008, -0/+3The digg.com militia?
Man, half of us would die in friendly fire!- Hangly, on 07/24/2008, -0/+1People with aspergers can shoot straight, I guarantee you that.
- Hangly, on 07/24/2008, -0/+3I'm on it. First we'll need a website with some snappy graphic design.
- mahsah, on 07/24/2008, -5/+25In before onetimer.
- RedPhalanx, on 07/24/2008, -0/+12I'm surprised he's not here yet...
- Dylson, on 07/24/2008, -0/+5Are you now? .....
- btschul, on 07/24/2008, -0/+8It's only a matter of time.
- Dylson, on 07/24/2008, -0/+5Are you now? .....
- TsuruchiBrian, on 07/24/2008, -0/+7Too bad digg doesn't allow you to have an enemies list.
- RedPhalanx, on 07/24/2008, -0/+12I'm surprised he's not here yet...
- stoph009, on 07/24/2008, -12/+2I like how the video has only 226 views. Check it out.
- Jassman, on 07/24/2008, -0/+5Youtube counter isn't real-time for some stupid reason.
- cms9000, on 07/24/2008, -1/+17Our current government is shot. The more they get involved, the more things fall to pieces. What is it going to take for the majority of Americans to not only see this but do something about it, of course when I say do something about I am talking about voting these idiots out of office.
- mcbowler, on 07/24/2008, -0/+1Impeach all of them? Any other ideas?
- Nitz5785, on 07/24/2008, -2/+11Lol, the gov't already knows all of your transactions credit, check, anything other than cash and they know when you deposit or withdrawl that. This just makes it legal.
- alamedaman, on 07/24/2008, -3/+13buy some gold and guns and get ready for the apocalypse
- jknevitt, on 07/24/2008, -0/+1Gold will be useless in the apocalypse because it will have no practical value. It's like diamonds: it's valuable because we say it's valuable.
- GassyTurd, on 07/24/2008, -0/+0***** it. I'm packing up and moving into the woods, off the grid. Goodbye society.
- BotchaMcCoola, on 07/24/2008, -0/+1Better have your 40 acres too. I was just out to Lancaster to see my good friends the Amish. Most of them could buy a hundred of these Walmart shoppers and have a lot of money left in the bank.
- TheLittleWitch, on 07/24/2008, -0/+1Gold and Silver will be priceless for a while!
This will buy your freedom, when everything else fails.
This is one weak point of the strategy of the elite, if there any any.
They are keeping the Gold and Silver prices artificially down at the moment, so that people will NOT find the safe haven in the current mess, but Gold and Silver will explode and they know it.
For them this is a chess game. It is just that they are playing with the lives of the people.
But as one said it: Four dead marines a day is a good price for the oil in Iraq.
That is their mentality.
IMPORTANT!!! BUT you can't eat and drink Gold and Silver. So stockpile food and water. Leave the cities if you can. That is very important.
Grow your own food. Become sovereign.
Than you cannot be so easy manipulated. The elite lives off of manipulating people. If the people would change there would be no place for them.
- colincornaby, on 07/24/2008, -15/+5Let's see here. Either we...
a) Bail out the banks, as horrible as it is.
or
b) Let the banks collapse, leading to the next great depression as the banks collapse one by one and your money goes poof. You will be living in a cardboard box.
Sometimes I think the Paulbots just want America to collapse. Yes, bailing out the banks is not happy, and it's not great. But the alternative is worse. It's your money they're saving too. At least when the feds take over the banks come under much tighter restrictions.- RedPhalanx, on 07/24/2008, -0/+3FDIC, anyone?
- RIMberry, on 07/24/2008, -0/+9point a) leads to point b) dumbass. It will just take longer and be far more severe.
- colincornaby, on 07/24/2008, -3/+1What the hell are you talking about? if we don't bail out the banks, and they DO collapse, the accounts are GUARANTEED meaning the government will have to pay out a LARGER AMOUNT. The government will have to take more money from the tax payers if the banks DO collapse.
But no. Let's bitch and moan about this. I'd much rather pay more money after the banks completely collapse.
- colincornaby, on 07/24/2008, -3/+1What the hell are you talking about? if we don't bail out the banks, and they DO collapse, the accounts are GUARANTEED meaning the government will have to pay out a LARGER AMOUNT. The government will have to take more money from the tax payers if the banks DO collapse.
- durden0, on 07/24/2008, -0/+7Bailing them out now just means the problem will continue to worsen and the depression will be much worse later on when it finally does collapse. http://www.smh.com.au/news/world/zimbabwes-out-of- ...
- hugolp, on 07/24/2008, -0/+3Wait, did you just say we will all die in pain and go to hell if we dont support the guys who are making our life misarable? Oh, you scare the hell out of me and now I think your argument is very valid. You know, I might be dumb.
Scaring people to impose laws will only lead to disaster.
- Dylson, on 07/24/2008, -14/+2gIVE UP ON RO
- stagmire, on 07/24/2008, -25/+9Ron Paul is a total piece of *****. His "We The People Act" is a traitorous attempt to undo the protections granted to us under the constitution by preventing citizens from challenging the constitutionality of state laws. That's right: if your state places unconstitutional limits on your free speech, tries to implement state religion, interferes with your privacy rights, or violates your right to due process, Ron Paul thinks you should be prohibited from challenging that state law in federal court.
Read about Ron Paul's treasonous act here: http://en.wikipedia.org/wiki/We_the_People_Act
Read this article where Ron Paul says he wants to strip federal courts of their jurisdiction to interpret the constitution: http://www.lewrockwell.com/paul/paul298.html
Note: Ron Paul doesn't say who else besides judges should be allowed to interpret the constitution. So who is it, Ron? The President? Congress? George W. Bush? Nancy Pelosi? YOU?
What about ARTICLE III of the Constitution, which says that "The judicial Power shall extend to all Cases, in Law and Equity, arising under this Constitution, the Laws of the United States, and Treaties made, or which shall be made, under their Authority?" Are you going to piss all over Article III just because you find it inconvenient that the founding fathers created a system of checks and balances against megalomaniacs like you?
Notice how this scumbag piece of ***** calls for the USA to shred Article III of the Constitution at the same time that HE HIMSELF is running for the highest office in the land. Isn't that conveeeenient?
George W. Bush loves Ron Paul's vision of the constitution, because it means the president gets to call it as he sees it. This is a recipe for a perpetual series of untrammeled tyrannies of the majority, and it should sicken every American that a US congressman who swore an oath to uphold the Constitution is behind it.
Read what Alexander Hamilton had to say in Federalist #78 about traitorous scum like Ron Paul:
"If it be said that the legislative body are themselves the constitutional judges of their own powers, and that the construction they put upon them is conclusive upon the other departments, it may be answered, that this cannot be the natural presumption, where it is not to be collected from any particular provisions in the Constitution. It is not otherwise to be supposed, that the Constitution could intend to enable the representatives of the people to substitute their will to that of their constituents. It is far more rational to suppose, that the courts were designed to be an intermediate body between the people and the legislature, in order, among other things, to keep the latter within the limits assigned to their authority. The interpretation of the laws is the proper and peculiar province of the courts. A constitution is, in fact, and must be regarded by the judges, as a fundamental law. It, therefore, belongs to them to ascertain its meaning, as well as the meaning of any particular act proceeding from the legislative body. If there should happen to be an irreconcilable variance between the two, that which has the superior obligation and validity ought, of course, to be preferred; or, in other words, the Constitution ought to be preferred to the statute, the intention of the people to the intention of their agents."
That's right Ron: The founding fathers have spoken, and they say you're a total piece of *****!- RedPhalanx, on 07/24/2008, -3/+8Did you actually bother to type that out and stuff, or is it copypasta from somewhere else? And if so then where, by chance?
- stagmire, on 07/24/2008, -5/+4I wrote it, of course. It's not hard for anyone who's actually read the Constitiution (read: 0.00001% of Ron Paul supporters) to see through his pathetic lies.
It's unbelievable how easy it is for people to be led astray by charlatans like Ron Paul. Honestly, the Constitution is not that long. You can read it in less than 15 minutes and make up your mind for yourself whether he's speaking the God's honest truth. But instead his followers stand agape while Ron tells them what to believe, never mentioning the pesky little bits like Article III, and leaving unanswered the question of who, in the absence of the federal judiciary, shall have the power to define the meaning of words like "general welfare" or "necessary and proper" or "respecting an establishment of religion, or prohibiting the free exercise thereof."
It's deeply ironic that so many of Ron's followers are 9/11 "truthers" who think everyone else in the government is part of some giant conspiracy. Tell me: if Ron Paul really did speak the truth, don't you think they would have chopped him off at the knees decades ago?
Ron Paul exists because he's a convenient diversion. He's bubblegum for the frustrated masses. He rants and raves and make cutesy soundbites to get disaffected white poors all riled up to vote for a guy who presents the greatest threat to the 1st, 4th, 5th, and 14th Amendments we've seen since the McCarthy era. - RedPhalanx, on 07/24/2008, -1/+4What if I read it (it didn't even take me 15 minutes) and have come to the same conclusions that Ron Paul has, i.e. that Jury Nullification is preferable to Judicial Review and that the federal government frequently oversteps its bounds.?
I don't particularly like the WTP Act myself, but I don't think it's part of a grand conspiracy by Ron Paul and George Bush to divert poeple from real constitutionalism.
P.S. Most of your arguments would be better defended via the 14th amendment, rather than Article III. - stagmire, on 07/24/2008, -2/+2"What if I read it (it didn't even take me 15 minutes)"
Cool! Amazing how quickly it reads, isn't it?
"and have come to the same conclusions that Ron Paul has, i.e. that Jury Nullification is preferable to Judicial Review"
Wait, did you read it? Because I don't see the words "jury nullification" and "judicual review" anywhere in that document." Can you cite the actual provisions you're referring to?
":P.S. Most of your arguments would be better defended via the 14th amendment, rather than Article III."
I disagree. The 14th Amendment is what I am trying to preserve, as I consider it perhaps THE most important guarantour of our civil liberities.
Think of me as Oscar Schindler in Schindler's list: the 14th Amendment is a little Jewish girl I'm trying to save from the Ron Paul nazis, and I rescue her via Article III - the promised land. The Ron Paul Nazis are after her, seeking to have her tortured and burned alive, but at the last minute we arrive at Article III, which embraces us and gives something to eat and a warm place to spend the night and tells us it's going to be alright because those nasty Article II and Article I branches can't come after you here. At least no untl Ron Paul passes his We The People Act, whereupon our precious 14th amendment is going to sent to the STATE of auschwitz where STATE LAW controls, to be starved and tortured and bled to death by the good Dr. Menge....I mean Dr. Paul.
- stagmire, on 07/24/2008, -5/+4I wrote it, of course. It's not hard for anyone who's actually read the Constitiution (read: 0.00001% of Ron Paul supporters) to see through his pathetic lies.
- durden0, on 07/24/2008, -2/+4You have no idea what the hell you are talking about. Ron Paul has spoken out against the abuse of the presidency more than most in congress and he is def not for increasing the power of the executive branch, he is staunchly against it. If you read and understand how the founding of our nation went you'd realize that the original intent of the constitution was to respect the individual states to do as they saw fit and only come together for the common goals of defense and commerce. There is no basis for 9 people to be able to legislate what you can and can't do on every street in america. THAT is megalomania if you ask me. If you'd actually read some of ron pauls' writings, maybe his latest book perhaps, you'd know all this. Stop talking out of your ass
ps. Alexander Hamilton was a federalist who was a strong advocate of a strong central government . Look to what Thomas Jefferson had to say on the subject if you want real incite.- stagmire, on 07/24/2008, -3/+1"respect the individual states to do as they saw fit and only come together for the common goals of defense and commerce."
Go read Ron Paul's "We The People Act." There's nothgin in there about defense and commerce. He wants the states to be able to regulate your civil liberties. He wants the states to tell you what you can say and what you can't, what rights against unlawful search and seizure you have and which ones you don't." The US Constitution emdodies the very idea that there are certain thresholds that the government shall not be allowed to cross. The government shall not be able to regulate your religion, or your freedom of speech, or you private conduct in your own home.
Ron Paul objects to these restrictions on government power. That's why he wants federal courts out of the picture. He wants the states to escape federal scrutiny, so that they can lock their daughters up in chains and force them drink colloidal minerals and praise jeebus!
Oh, how deeply ironic that you choose to slander Alexander Hamilton in your last line. Yes, Alexander Hamilton believed in the judcial system. He believed that America should be a nation of laws and that justice should be placed in the hands of men who were no beholden to political pressures. He's also one of the authors of the Constitution, the document Ron Paul so dishonestly claims to represent. It's disgusting that people in 2008 should be so ready to curse the honor of men like Alexander Hamilton simply because he said some things that get Ron Paul all hot and bothered.
- stagmire, on 07/24/2008, -3/+1"respect the individual states to do as they saw fit and only come together for the common goals of defense and commerce."
- Midtowner, on 07/24/2008, -0/+1Great stuff stagmire, simply great stuff. Very well written.
If you haven't already been to law school, I suggest you go.
- RedPhalanx, on 07/24/2008, -3/+8Did you actually bother to type that out and stuff, or is it copypasta from somewhere else? And if so then where, by chance?
- terryhuang, on 07/24/2008, -5/+19sounds like America is becoming a socialist country
- blackmesa, on 07/24/2008, -7/+1Yet without any of the benefits (universal healthcare, free university, etc).
- hugolp, on 07/24/2008, -1/+3I would say more Comunist than socialist. Socialist still take somethin from democracy.
- BobOki, on 07/24/2008, -0/+1I will go down helling before I am heiling
- phatphing, on 07/24/2008, -0/+1No. Socialism is when the state owns everything.
Fascism is when corporations owns the government and uses it to plunder and subjugate the populace.
- SaperKain, on 07/24/2008, -21/+8Ron Paul is a republican. Republican party is solely responsible for this mess because they were pushing for deregulation. And now when we are forced to make tough choices this guy shows up and has a nerve to paint himself as part of the solution. Wow.
- RedPhalanx, on 07/24/2008, -2/+10There's more to politics than D's and R's. Would you say that, since Lincoln was a Republican we should reinstitute slavery, or since Jackson was a Democrat we should seize the Indian reservations and drive them out?
- SaperKain, on 07/24/2008, -6/+2Nice job propping your republican party while taking a shot at Democratic party. Nicely played. Well done hit piece.
- RedPhalanx, on 07/24/2008, -1/+6Nothing worse than yours
- btschul, on 07/24/2008, -2/+13Wrong, the neocons are responsible. Bush is not a real republican, Ron Paul is.
- stagmire, on 07/24/2008, -9/+2And yet all the Republicans voted for McCain/Romney/Huckabee and Ron Paul couldn't even win 5% of the republican vote in his HOME STATE primary.
Yeah, he's a "real" republican.
- stagmire, on 07/24/2008, -9/+2And yet all the Republicans voted for McCain/Romney/Huckabee and Ron Paul couldn't even win 5% of the republican vote in his HOME STATE primary.
- mshtml, on 07/24/2008, -2/+8What specific deregulation laws did republicans pass that lead to this mess? Be specific. Obviously all the democrats must have voted against some real ***** republican legislation. Is a bailout for billionaire bond holders who made bad investments at the expense of the poor and middle class really a "tough choice" to make? Its easier to simply blame the other party than have a real understanding of what is going on, isn't it?
- SaperKain, on 07/24/2008, -7/+1You elitist republicans with your mumbo jumbo talk only trying to confuse us simple folks into voting for you. Not gonna happen. You got us fool with the cowboy W. Bush but it ain’t gonna happen this time.
- nedzeve, on 07/24/2008, -0/+2No, it's easier to blame both parties.
- btschul, on 07/24/2008, -2/+9Maybe if you just listened to what he had to say instead of judging him by his party, you would realize he was the best person running for president this year.
- SaperKain, on 07/24/2008, -8/+1He is a far-right fridger. Too extreme even for his republican party. Why the hell would I even entertain the possibility of voting for him? Although he seems like a nice guy and I would like to have a beer with him.
- btschul, on 07/24/2008, -1/+7If by far-right you mean he wants to reduce the size of the government to the point that we can eliminate income tax, privatize health care and education so that competition keeps quality up and prices down, end the war in Iraq and the war on drugs, eliminate the federal reserve that has gotten us into this big mess, and restore all the rights granted to us by the constitution, then you are spot on.
- durden0, on 07/24/2008, -2/+7Ron Paul associates with the republican party of barry goldwater and former libertarian minded conservatives. He has adamantly spoken out for the past 30 years as both his party and the democratic party march us down this path of bigger government. Ron Paul votes by himself in congressmen on a regular basis. While he may be a republican, he is not a republican in the folds of the contemporary republican party. He stands for what the party used to stand for, peace, limited government and sound economic policy.
- jp12380, on 07/24/2008, -2/+5You don't know anything about Ron Paul, he is a republican, but one that actually stands for what they used to. He is not the one that contributed to these problems.
- RedPhalanx, on 07/24/2008, -2/+10There's more to politics than D's and R's. Would you say that, since Lincoln was a Republican we should reinstitute slavery, or since Jackson was a Democrat we should seize the Indian reservations and drive them out?
- DuggRonPaul, on 07/24/2008, -3/+24Ron Paul Rocks dude.
his "Super" Convention at the Target Center in St Paul Minnesota on September 1st will dwarf the NeoCon Republican Convention
lolol
http://www.RallyForTheRepublic.com - RNABIEY, on 07/24/2008, -3/+10http://digg.com/world_news/YOU_JUST_GOT_SCREWED_an ...
posted before. EVERYONE PLEASE SIGN THE PETITION AND POST IT ON YOUR FACEBOOK/MYSPACE/TWITTER whatever it may be. GET THE WORD OUT!!!- TheRealDeuce, on 07/24/2008, -1/+1I already said this and was dugg down. Apparently people like the same story to be on the front page at the same time... you know... instead of other news.
- btschul, on 07/24/2008, -6/+28Since onetimer and pajeff2 and nomorepaul are not here yet, I'll just get their usual comments out of the way:
"This is spam"
"You all are paultards"
"I hate Ron Paul"
"You all are gaming digg"
"This is *****"
"Whatever you say is wrong and whatever I say is right"
"Socialism is fun"
There, now you all don't have to bother posting your *****, and you can just go away and leave the commenting up to intelligent people who want to make valid points. - akirashimablue, on 07/24/2008, -0/+14He has good points, just Americas to shallow to listen. I am not saying that everything he says is gold, but he has points worth listening to. Part of the problem is that he is a true conservative, and the rest of his neo-Con friends are to busy claiming to be real conservatives. The GOP base as with the DNC base have not a clue when they are being lied to but their uninformed vote is equal to mine. You want people to vote logically and be well informed, then for the next 25 years pump money into better education and make babies, and call that the future.
- durden0, on 07/24/2008, -0/+5Ron Paul is clearly not friends with any neo-cons. Even a cursory read over of his writings and speeches will tell you that.
- KhanneaNL, on 07/24/2008, -6/+2There is only one person more in trouble than a junk -
That is a dictator junk. He is unaccountable, can bully himself out of any situation or ignore any problem.
The US is walking dead. - LemonChicken, on 07/24/2008, -14/+3Chlorophyll? More like BORE-a-phyll!
- Bartboy919, on 07/24/2008, -7/+2Its sad your going to get dugg down for that, because what you just said pretty much sums up my feelings when Ron Paul opens his mouth.
- durden0, on 07/24/2008, -1/+6Frankly, that is the view of much of America. The sad part is that he's right about this, and he's been right for over 30 years on this and many other topics, and Americans are just too busy swooning over Britney Spears and fake change Obama to notice.
- Bartboy919, on 07/24/2008, -7/+2Its sad your going to get dugg down for that, because what you just said pretty much sums up my feelings when Ron Paul opens his mouth.
- Jenadae, on 07/24/2008, -0/+6I dont understand what he means when he says our currency is based on our mortgages... will someone explain this?
- RedPhalanx, on 07/24/2008, -1/+10http://en.wikipedia.org/wiki/Debt-based_monetary_s ...
- odigity, on 07/24/2008, -0/+6It's complicated. I suggest you start here:
http://www.amazon.com/dp/0912986395/ - 2reflective, on 07/24/2008, -0/+1Also, you can watch the excellent "Money as Debt" video for free on Google Videos
- RedPhalanx, on 07/24/2008, -1/+10http://en.wikipedia.org/wiki/Debt-based_monetary_s ...
- seomike, on 07/24/2008, -2/+5Ron should make a list of all the unqualified politicians that should be outed.
- durden0, on 07/24/2008, -1/+11That'd be... just about everyone basically. Easier to name the ones that shouldn't be outed.
- Koush, on 07/24/2008, -1/+5The hell?
226 views.
333 ratings.
?- hugolp, on 07/24/2008, -0/+3I know. The views at 226 have not change for a while. Its extrange, but its not the first time I see this on Youtube.
- TonyLocNE, on 07/24/2008, -0/+4The view counter does not run in real time.......
- bkripper, on 07/24/2008, -1/+4Is anyone really surprised, these bailouts are nothing new. By letting the market participants decide, we create these bailouts. For a long time, corporations were afraid of the power of the US government and the deep pockets of our tax dollars. Then under Reagonomics, it was discovered siphoning tax dollars off to corporate profits was a great way to tap a new resource. The whole fear based idea of a failing industry was born. Airlines, oil, military and on and on began to threaten mass layoffs and unless favorable legislation that benefited a few was passed. So, instead of our government providing a public service, we now provide a corporate subsidy. Toll roads, day use fees, tax increases, etc. now cover the costs of what was once a function of government funded by tax revenues. Why pay for a new road, new factory, new runway when the public will under the approval of Congress. Congresspersons who don't support public funding for for-profit projects don't get the jobs that come with these projects. The market participants who are heralded as the answer are the same people who are screwing the American taxpayer. It is not legislation that causes these problems but the lack of any accountability for those who make the bad decisions. Wanna see you influence continue to shrink in this country, keep giving corporate America more power. How much are we spending in Iraq for massive corporate profits? The problem with the market deciding is they only decide for a few. The only people who lose are those who have no access to any supposed representative. The only thing new here is we are paying on the downside instead of just the upside of projects. If the FanMae and FredMac decision makers can't make good decisions they should not leave with millions in the bank. I bought a house I could afford cause I can do math and my tax dollars continue to go to those who can't cover their bottom line?
- evodevo1, on 07/24/2008, -2/+14People need to understand the idea of MORAL HAZARD. When government promises to bail people out, it encourages people to take risks that they would otherwise avoid. Moral hazard is inherent in any big socialist type programs. Even insurance (auto, health, etc), where the cost of risky behavior is spread among many people, encourages haphazard behavior. No, we can't avoid moral hazard, but we can minimize it. That is why if you are at fault in a car accident, your insurance rates go up. By our incompetent leadership in both the white house and capitol hill, we are basically allowing people to drive drunk with impunity. Way to go House of Reps!!!
- InSectWar, on 07/24/2008, -3/+5Is it just me, or does Fannie Mac and Freddie Mae sound incredibly hokey
- mcbowler, on 07/24/2008, -0/+2They sound so innocent though, they couldn't possibly be corrupt.. just like Federal Reserve sounds so Federal. The money masters are damn good at what they do.
- j0se, on 07/24/2008, -1/+9"Wall Street got drunk and now it's got a hangover"
- robbob, on 07/24/2008, -0/+5I would welcome an investigation on the banks who give the under-qualified -- loans to buy a house. They just sell them away within days and pocket their "commission".
Enough of these loans defaulting has created this mess.
I'd like to see the banks pay, bank owners jailed, and let the idiot "homeowners" and banks collapse instead of getting this bail out. Sure this is devastating to the economy now, but in the long run responsibility will prevail due to these consequences.
--Signed, realistic/responsible homeowner - tehknotte, on 07/24/2008, -8/+2heehee he is like an animal in Animal Crossing :D!
- XtraWhite, on 07/24/2008, -3/+0jesus.
someone hold my hand through this. - batshitcrazy, on 07/24/2008, -2/+4i've decided my new 3-to-4 year goal is simply to pay off my student loans, pay off the rest of my car, and leave to go work in another country. i'm tired of my tax dollars going to causes i don't believe in. 2012 makes me nervous for some reason, i want to be gone by then.
- Minarchian, on 07/24/2008, -1/+3Sorry, but even if you work out of the Country the IRS will still take your money.
And I agree with you about 2012.
There's too many things I've been reading about that says that year is a major turning point, for the worse.- Hangly, on 07/24/2008, -0/+6If you work 270 days of the year outside the US or more you're exempt from paying taxes. I haven't given a dime to Uncle Sam in 8 years.
I've paid a bit to Uncle Mao, but for some strange reason I don't feel quite as bad about that.
- Hangly, on 07/24/2008, -0/+6If you work 270 days of the year outside the US or more you're exempt from paying taxes. I haven't given a dime to Uncle Sam in 8 years.
- Minarchian, on 07/24/2008, -1/+3Sorry, but even if you work out of the Country the IRS will still take your money.
- ganymede2010, on 07/24/2008, -1/+2Finger Printing Mortgage Brokers isn't going to solve *****. some states already require a fingerprint to be lisceneced in their State.
- mdepaul, on 07/24/2008, -9/+7YAY Support Ron Paul's policy's for total Economic Collapse only a Doctor/Politician and a bunch of people on the internet know the way the economy actually works.
Ohh, wait Blasphemy, economists actually know nothing about economics.
The truth is if anyone actually reads this and doesn't just bury it that for example the Bear Sterns bailout was truly necessary to try and prevent further financial collapse than is already going on. The shareholders lost (The shares were bought for $2.00, when the day before they had been worth $60) and the tax payers lost but letting the bank collapse would have led to worse financial problems. There is a major problem with this country, but one of the reasons was a lack of regulation on predatory loans, something the entirely free-market Paul would be against putting into place.
The Oil industry is out of control however, but what do you expect with oil men in office.- SkullAndXBones, on 07/24/2008, -4/+4You are a moron.
You are simply another selfish ME generation ***** who cares not for the future of your country nor the people who will inherit it with nothing relevant to add with your comment because your opinion will only prove how selfish you are.
He wants to attack the root of the problem witch will take long term commitment and sacrifice of the current civilian population, but because of selfish, short sighted, gluttonous people like you he will remain unpopular.- mdepaul, on 07/24/2008, -1/+0You say you want to focus on long term problems, that's good however because of the idiots in the government who let the economy go to ***** already we don't have the opportunity to wait it out, and focus on the root of the problem right now we are on the defensive and have just been forced to do anything we can to keep our financial sector going. Including bailouts.
Now if you had actually made some sort of a point rather than going on a rant about nothing I could actually respond to any sort of argument you could possibly have made. But obviously since you have no clue what you are talking about my words probably won't make a difference, but since there could be a slight chance somebody else here would read them I'll write them anyway. - SkullAndXBones, on 07/25/2008, -0/+1Okay, fair enough on the rant, but I actually do know what I'm talking about.
The more they break the fundamental values that make capitalism work in the first place, the more the bleeding will continue and worsen. The problems will remain hidden as long as there is no consequence.
We can go on about predatory lending and all the technicalities of the economics and politics involved forever, but the truth comes down to ordinary people making bad decisions. For example the credit crisis, people want to buy ***** they can't afford and the mortgage companies want to help their shareholders so they made mortgages easier to get came up with some "hybrid" mortgage ideas *poof* more market. So demand for houses climbs, so does the price because of said demand until it crashes because those people couldn't afford the ***** they wanted to buy in the first place.
Every time we patch up this ***** and save people we make the problem worse. There are no consequences for peoples actions. Let it all crash down while we can still pick up the pieces afterward. The longer we put it off the worse it will be when we have no other option.
- mdepaul, on 07/24/2008, -1/+0You say you want to focus on long term problems, that's good however because of the idiots in the government who let the economy go to ***** already we don't have the opportunity to wait it out, and focus on the root of the problem right now we are on the defensive and have just been forced to do anything we can to keep our financial sector going. Including bailouts.
- RonPaul2008icom, on 07/24/2008, -4/+2Governor of NY Eliot Spitzer was fighting to STOP predatory lending. So they politically assassinated him.
- Y0tsuya, on 07/24/2008, -1/+1He also has a taste for expensive hookers, and on top of that embezzled taxpayer money to feed his habit. He had it coming.
- nedzeve, on 07/24/2008, -1/+1^^ Hookers, yes. Embezzlement, slander.
- wgpubs, on 07/24/2008, -3/+8How does devaluing the dollar by bailing out the banks, lenders and upside-down mortgage owners prevent further financial collapse? And when did I, and every other hard working tax payer who pays his bills and makes his mortgage payment, become responsible for bailing out every Tom, Dick and Harry who took a risk and loss?
The money to bail out Bear Stearns et all doesn't just fall from the sky. No. It comes as a result of taxation ... either via federal inflationary policies and/or specific taxation. And who is taxed? The wealthy who know how to hide their money and show little to no profit? The poor who have little to no money themselves? No. No ... it is the middle class once again that must bear the burden for the poor, unwise and sometimes unscrupulous risks taken by others. How is that ethical ... and much less "the American way?"
I dunno ... I thought we were a capitalistic country. I thought we had the freedom to take risks where those who won won and those who loss simply loss. Apparently, it seems ever more evident that the only losers are us average joe's who work and pay our bills. I want to know when America became France minus all the good stuff socialism brings like free healthcare and pensions for all???- mdepaul, on 07/24/2008, -0/+0We needed to devalue the dollar because the only other way to fix our ***** up economy is to increase interest rates. But because we are in such a budget deficit due to the epic array of economic mistakes from the Iraq War to Bush's tax cuts we can't afford to get keep getting loans from China and elsewhere if the interest rates increase. Basically this recession is a great example of why Republican style deficit spending comes to bite you in the ass.
- mcbowler, on 07/24/2008, -2/+3Its the system of fractional lending that allows the bubbles and massive inflation to form in the first place. Sure a bailout may be the right thing to do in a system that is flawed.
Why consider a system that is always in danger of blowing up? Why have a system that has NO LIMIT on how much money can be produced and consequently NO LIMIT to how much inflation we will go through. Why have a system where our government CAN spend the entire wealth of the United States on an invasion that was not justified? Why have a system that can fight a War without raising taxes (do people really believe we are not paying for it (yes they blame it on Saudi, and companies sending jobs over seas.))?
Its not politicians, or companies, or other countries actions that are disrupting our way of life. It is the system that we are forced to be a part of because of bankers. Bankers get rich off lending us money that is currently based on debt. Bravo. Stay Classy.- wgpubs, on 07/24/2008, -0/+1Very true. We are all debtors in the biggest debtor country in the world ... and that makes us easily controlled and afraid to do anything about it. One may draw the conclusion that this is one of the intentions of the economic system we have today.
- SkullAndXBones, on 07/24/2008, -4/+4You are a moron.
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