www.RonPaul.com – 04 Congressman Ron Paul questioned Federal Reserve Chairman Ben Bernanke at the Joint Economic Committee hearing The Economic Outlook. Topics of discussion included debt monetization, the Greece bailout, and where all that money is coming from.Ron Paul is America’s leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies. For more information visit the following sites: www.RonPaul.com http www.house.gov www.YALiberty.org http www.RonPaulForums.com
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#1 by Bigturns33 on August 18, 2010 - 5:01 am
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ya totally.
#2 by volkan63 on August 18, 2010 - 5:24 am
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i …uhhh…would…uhhh like uhhh umm say that…uhhh …Ron….ummm…owned my…..uhhh face ya.
#3 by Gevatar on August 18, 2010 - 5:32 am
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I absolutely love how these fucking criminals have mastered the art of language, otherwise known of bullshitting, to reword their positions and always dodge accusations. “So essentially you’re making money out of thin air?” “Well It’s a loan and if we come up short we will take the loss”
#4 by pragmatismnotidealis on August 18, 2010 - 5:48 am
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Get this criminal cable out of government and into prison. Ron Paul 2012!
#5 by kevreilly7 on August 18, 2010 - 5:50 am
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Monopoly money—-LOL
#6 by kevreilly7 on August 18, 2010 - 6:07 am
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MORE DOUBLE TALK FROM THE CLOWNS IN WASHINGTON
#7 by jmccooe on August 18, 2010 - 6:29 am
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I just cannot believe this everyday I think about it, I cannot believe that the American people and all the other people of the world handed control over their money over to private banks! and then we ask the banks to regulate themselves and they act like they are the most trustworthy institutions on earth, its just surreal the whole world is standing on its head!!!
#8 by activ8now on August 18, 2010 - 6:50 am
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Hey America: how long you all going to put up with Bernanke’s LIP SERVICE?
The elitist corksucker is laughing inside all the way to the bank at YOUR expense. Do you think this is called accountability, him being grilled by our champion, Ron Paul? Or, are YOU going to support real initiatives to make the Fed accountable? Dr. Paul’s doing a valiant job holding Ben’s feet to the fire, but until he establishes some legislative teeth behind him, Ben’s not going to worry at all…
#9 by puppetjaw on August 18, 2010 - 7:07 am
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That was frickin’ hilarious ILMAO. Bernanke getting owned again…RP’s little snicker at the end was almost as priceless as Bernankes face
#10 by ieatdeadbabies101 on August 18, 2010 - 7:59 am
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@freddyvoetsch i know i did that too i was such an idiot i used to be mccaine but there all the same
#11 by Heatherliberty on August 18, 2010 - 8:09 am
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Ron Paul asks if we will be bailing out Greece and where the money will come from. Of course, he knows it will be created out of thin air and he knows that we will bail out Greece.
In the first week of May, the IMF approved a plan to loan Greece 142 BILLION dollars over 3 years.
It’s all a gigantic joke. China lends us billions to finance wars, we lend the IMF billions to finance Greece, Greece lends the IMF billions to finance Greece…. nothing makes sense. It’s all a complete sham.
#12 by luvpump1 on August 18, 2010 - 8:48 am
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um err ahh umm … wow that bernanke is such a liar !… He will be in for a big pay off from the Banks when he reires
#13 by freddyvoetsch on August 18, 2010 - 8:55 am
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Last time I laughed at the people who supported Ron Paul, now I will vote for him. Mr. Bernanke was asked by Mr. Paul about bailing out Greece and Mr. Bernanke said that would not happen and now, only a bit later, it has.
#14 by mongoose704 on August 18, 2010 - 9:21 am
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Private property without the ability to use it as you see fit (property RIGHTS) is not private property in any way shape or form except in title.
The Fed is government. It is autonomous government that is not subject to any checks and balances. The fact that the actual banks are privately owned is irrelevant. The don’t set the monetary policy or mandates.
The Federal Reserve system is not a private entity.
#15 by mongoose704 on August 18, 2010 - 10:09 am
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But the private banks don’t mandate the money. It is true that the banks are privately owned but what good is the deed to the property when government has the power to manage it. The FOMC is mandated by Congress and the Fed Chair is selected by Congress. It is government that is making their decisions. In essence, we created an illegal fourth branch of government in The Fed. An autonomous branch at that!
#16 by fxraver19 on August 18, 2010 - 10:56 am
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C’mom all you Americans, keep asking questions and forcing your representatives to fess up to all these damned crooks stealing all your money. WHEN WILL YOU AWAKE???????!!!!!!!!!!
#17 by dantheleo on August 18, 2010 - 11:34 am
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I wish Ron Paul would of mentioned AGAIN as he did in two past interviews that the IMF bailout would only sustain Greece until the end of the year and then they will be right back to where they are today. Just throwing good money (yet to be created) after bad! ENOUGH BAILOUTS! Greece’s system of government that they choose got them into this mess. Just as the decades of elected liberal legislature got California into their trouble.
#18 by gooseCha on August 18, 2010 - 12:03 pm
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pimp
#19 by beeastar on August 18, 2010 - 12:12 pm
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Way to GO RON PAUL!!! Good Honest politicians are hard to come by … Ron next on your agenda attack BP regarding the MEGA-CATASTROPHE occurring in the GOM!
#20 by heliam on August 18, 2010 - 12:31 pm
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@Probesoul True. The principle of printing money belongs to the Congress. However, in the limited circumstances of today monetizing the debt is the solution. It should be done not by creating more debt, not by loans, but by printing money. You are right about the FED, it should be reformed completely. Private banks should not have the power to create money. What Bernanke did is already a breach of the free market principle that is ruining our society.
#21 by RandyBful1 on August 18, 2010 - 1:11 pm
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“It’s a loan; it’s a loan…we take our share of the loss”! He must really believe that everyone around him is a total idiot! I vote; a fourty foot slide down a giant razor blade, using his balls for brakes!
#22 by Probesoul on August 18, 2010 - 1:44 pm
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No way Paul’s gonna get Bernanke to say “out of thin air”.
#23 by Probesoul on August 18, 2010 - 2:24 pm
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@heliam The Federal Reserve is a “private bank” that has taken away the right to create money which by law belongs to Congress. Bernanke is the chairman of a private bank (the Federal Reserve) which has no right by law to monetize the debt. And this private bank (the Fed) monetization of debt by “printing money” does NOT provide “wealth for all” but a hidden tax called inflation.
#24 by mascarian on August 18, 2010 - 2:37 pm
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@TheLogicJunkie
Amen
#25 by mascarian on August 18, 2010 - 2:47 pm
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Ron Paul for President!
I have had something against the main stream media for a long time but the last presidential made me hate it, especially CNN, when the hosts would not give the word to Ron Paul and he had to fight for time to speak. What a bunch of sellout corporate media whores.
I bet you those who did not vote for Ron Paul feel like sht now, but then, they may be still drowning in their ignorance.