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Posted by NGinuity on Friday, September 03, 2010 at 6:48pm
I will probably get a lot of flack for saying this, but it's not as simple as ending the fed and putting America back on the Gold Standard (That was Nixon, not the Fed, by the way). Our economy is based on imports and exports (GDP), that interface with other fiat world economies. You're only going to achieve financial reform by reforming the central bank, not abolishing it. We can't just go back to trading cows. My problem with Paul is, he always has an idea, never a plan, for everything.
Posted by romeoneverdies on Friday, June 25, 2010 at 6:08pm
5:30 Bernanke says it makes the price of imported goods higher right ?
how much products are imported in the us versus the produced goods mr bernanke ?
Posted by FamousDave2186 on Friday, May 28, 2010 at 9:56am
Ron Paul always wipes that damn smirk off Bernanke ugly face.
You're the smartest man I've ever seen with economics Dr Ron Paul. If anyone can get us out of this recession its you. I hope you taught your son everything you know, so when he takes the torch he'll be ready.
Posted by 08M6ASR on Thursday, May 27, 2010 at 6:36am
Ron Paul owns Bernanke, Geithner, Paulson, Greenspan every single time. He is a genius. He is probably the only Representative in the House that actually cares about the American People and his vote is never for sale. READ THE CONSTITUTION! AUDIT THE FED! RON PAUL FOR PRESIDENT!
Posted by 08M6ASR on Thursday, May 27, 2010 at 6:35am
Ron Paul owns Bernanke, Geithner, Paulson, Greenspan every single time. He is a genius. He is probably the only Representative in the House that actually cares about the American People and his vote is never for sale. READ THE CONSTITUTION! AUDIT THE FED! RON PAUL FOR PRESIDENT!
Posted by bonfirejovi on Sunday, April 25, 2010 at 1:35am
@anglitoestebancito i dont think its independence is the only problem. the fact that it isnt audited or transparent makes it very difficult to know if they are respecting the law of the land.
Posted by SeaverofSweden on Tuesday, March 02, 2010 at 6:55pm
Ron Paul owned Bernanke right then.
Posted by Psychosmurf547 on Tuesday, February 09, 2010 at 2:28am
Ron Paul 2012!
Posted by Nintendomanwill on Wednesday, January 27, 2010 at 2:03am
Bernanke is an idiot. The decline in the dollar can significantly reduce an American's wealth especially if that American can not easily earn. Are we then to pursue narrow-minded policies of increasing consumerism and encrouaging over-consumption of capital in order to marginalise the sick and needy?
How a politician like Bernanke could climb so high boggles the mind.
Posted by tomjohnston52 on Monday, January 11, 2010 at 8:15pm
I want to become an American citizen just so I can vote for Ron Paul. Where is the Australian Ron Paul?!
Posted by OutdoorsBlackMan on Wednesday, January 06, 2010 at 7:10pm
You're gonna make me?
Posted by benandreas369 on Wednesday, January 06, 2010 at 6:39pm
Dude, please just shut the fuck up with your bullshit.
Posted by Tegljac on Wednesday, January 06, 2010 at 9:45am
FED IS PRIVATE CORPORATION!!!!!!!!!
Posted by anglitoestebancito on Sunday, December 27, 2009 at 9:30pm
It is that independence and the lack of regulatory supervision that is making the system unsustainable; in plain English, the current system is to fail.
Just like private corporations CEOs give a damn about shareholders, the FED's board give a s h it about Americans, hence the parody to call the FED a private institution.
Posted by OutdoorsBlackMan on Sunday, December 27, 2009 at 7:08pm
It isn't private, so it should not be called private for this reason alone.
The government acted independently in enforcing the acceptance of the Federal Reserve note, charging taxes, forcing people to have birth certificates and SSN, among many other restrictions they have placed on us.
Everyone acts independently basically, but we allow certain individuals to have power over everyone else and the people use this power to make us their slaves.
Posted by anglitoestebancito on Sunday, December 27, 2009 at 5:19pm
I do not mean "private" literally.
The fact that it acts independently without any regulatory supervision from anyone makes it function pretty much like a private corporation.
Of course it is NOT private but acts like one.
Posted by OutdoorsBlackMan on Sunday, December 27, 2009 at 8:52am
The FED is not "private", for the simple reason that private organizations don't intrude in other people lives.
The FED is a government entity. It is apart of and functions under the state's funding and empowerment.
The FED wouldn't go out of business, as they would have control of their fiat money, which is imposed onto us and therefore makes us subject to them.
Posted by anglitoestebancito on Sunday, December 27, 2009 at 8:29am
...well, if McDonalds go out of business because no customers, the FED could go out of business if they keep on printing money out of thin air and with no one to audit them and along goes the country.
The bottom line is that the FED can do whatever it wants.
All you have to do is go back in history and find out how the FED was created and by who, tip : JP Morgan (Would you brain be able to relate that to Chase bank?)
Posted by OutdoorsBlackMan on Saturday, December 26, 2009 at 10:30pm
If I don't like McDonalds, I choose not to buy from the. They get no money from me. If they lose enough customers, they will go out of business.
You are not a customer to the FED. You are a subject.
I wonder what you define as "private".
Posted by anglitoestebancito on Saturday, December 26, 2009 at 9:55pm
"I see no reason why you would refer to the FED as a private organization."
Because they act without being audited by anyone!
Posted by OutdoorsBlackMan on Saturday, December 26, 2009 at 9:37pm
I can choose whether or not I want to buy a cheeseburger from McDonalds.
The FED has the power to force people to use their fiat currency, charge income tax, and make arbitrary adjustments on the value of peoples savings (the value of the Dollar.
I see no reason why you would refer to the FED as a private organization.
Posted by anglitoestebancito on Saturday, December 26, 2009 at 9:25pm
The FED may not be a private corporation, but it acts like one.
That was my point you failed to understand, put that in your book.
Posted by OutdoorsBlackMan on Saturday, December 26, 2009 at 9:07pm
Any organization that has powers granted to it by a state/government, is NOT "private" in my book.
Posted by anglitoestebancito on Friday, December 25, 2009 at 12:12am
The FED is a private corporation, just like FEDEX.
Posted by Econdude1965 on Thursday, December 24, 2009 at 3:06am
This country needs more people like Ron Paul who understand the market and also what these socialists are doing to this once great country, and is brave enough to stand up and tell it like it is!! Anyone else willing to join him?
