I admit it…I love You Tube.
From weird viral videos to personal home movies to controversial politics…you can find it all and more.
While perusing some clips related to our current financial , I came across some clips from Senator Ron Paul that grabbed me by the eyelids and wouldn’t let go. Watch below…and be challenged to think a little outside the box that most talking heads live inside.
Personal Disclaimer: Now I’m not really trying to make a big political statement here by posting this.
…except maybe that most of our political leaders seem to have blatantly ignored and laughed at more than a few urgent warnings that could have and should have been heeded before now.
Regardless of whether you agree or disagree with him in other areas of policy, regardless of your other political views, you simply can’t deny this guy hit the nail squarely on the head where today’s economy’s concerned months or even years ago. And his prophetic cries have been both loud and unfortunately largely ignored by most of his peers and the talking-head “opinion makers” in our society.
Anyway, check out these clips in light of what we’re facing today. And then I’d love to hear your own thoughts in response below…
Ron Paul *OUR EMPIRE IS COMING DOWN!*
Added: March 12, 2008. The first couple of minutes of this are NY Democrat Carolyn Maloney. But after she turned the rest of her time over to Ron Paul…hang on to your hat.
And understand that, while I’m unsure of the original broadcast date, this clip was uploaded to You Tube on 3/12/08 — a good while before we jumped headfirst into bailout swamp. Which makes Ron Paul’s prophetic warning all the more ominous.
Ron Paul: “The Fed Caused the Bubble” (MSNBC)
Added: March 20, 2008. An incredibly fascinating (and brief) talking head debate between Congresman Ron Paul and the Research Director for the “Center for American Progress” (whatever that is).
Is the Fed an illegal, immoral entity? Should it be abolished? Should we return to a gold standard? Could it really be possible?
CNBC Ron Paul’s question makes Ben Bernake’s voice quiver
Added to YouTube: December 08, 2007. Congressman Ron asks the right questions and won’t let them be skirted. And his nemesis…er…the fed chairman seems flustered to the point of tears.
Ron Paul Grills Bernanke Again, Traders Respond With Cheers (CNBC)
Again Congresman Ron asks Ben Bernanke a series of aptly charged questions during FED chairman’s testimony on 2/27/08.
The Q&A is worth hearing to be sure. But also don’t miss the end as CNBC anchor Rick Santelli talks about reaction of traders in Chicago market during Ron Paul questions. Telling?
So what do you think? Let’s hear it…
Technorati: Ron Paul, Economic Crisis
I may write in Ron Paul for President.
All I can say is wow! Maybe people should widen their view and source of information.
I thought Paul was nuts a bit until I saw the movie he happened to be in called “America: Freedom To Fascism”. It is free on youtube to see and is AMAZING.
Now, as far as Barnanke’s voice quivering, I notice that a lot when Ron Paul goes at him. Now I love any video where these two square off.
Other resources: The Law That Never Was, The Creature From Jekyl Island, Sheri Peel Jackson, Joe Bannister, and baldwin08.com.
BTW, anyone wanting to vote for Ron Paul, be advised that he wants you to vote for Chuck Baldwin, not him.
and the short video on youtube: Gold VS DOLLAR. Love it.
JP I haven’t met you in person, but from the limited pictures/videos of you I’ve seen the guy (with glasses) in back of Ron Paul in the last video looks a bit like you.
Yea I am a Ron Paul Fan. If the financial crisis had happend sooner maybe he would have been the Republican canidate.
RON PAUL: The Austrians Were Right
Personally, I hate seeing Ron Paul’s wisdom marginalized.
Although the long-term, big picture scenario posed by Libertarian politics may be impractical on a national scale, Ron Paul seems to be among the vast minority in Congress who has a grip on the economy, or basic economics for that matter. This scares me.
That said, here is a quote from a speech Paul gave on Nov. 20. titled “The Austrians Were Right” Full text of this speech can be found at:
http://www.house.gov/apps/list/speech/tx14_paul/statement_11_20_08.shtml
“…. Today, a major economic crisis is unfolding. New government programs are started daily, and future plans are being made for even more. All are based on the belief that we’re in this mess because free-market capitalism and sound money failed. The obsession is with more spending, bailouts of bad investments, more debt, and further dollar debasement. Many are saying we need an international answer to our problems with the establishment of a world central bank and a single fiat reserve currency. These suggestions are merely more of the same policies that created our mess and are doomed to fail.
At least 90% of the cause for the financial crisis can be laid at the doorstep of the Federal Reserve. It is the manipulation of credit, the money supply, and interest rates that caused the various bubbles to form. Congress added fuel to the fire by various programs and institutions like the Community Reinvestment Act, Fannie Mae and Freddie Mac, FDIC, and HUD mandates, which were all backed up by aggressive court rulings.
The Fed has now doled out close to $2 trillion in subsidized loans to troubled banks and other financial institutions. The Federal Reserve and Treasury constantly brag about the need for “transparency” and “oversight,” but it’s all just talk — they want none of it. They want secrecy while the privileged are rescued at the expense of the middle class.
It is unimaginable that Congress could be so derelict in its duty. It does nothing but condone the arrogance of the Fed in its refusal to tell us where the $2 trillion has gone. All Members of Congress and all Americans should be outraged that conditions could deteriorate to this degree. It’s no wonder that a large and growing number of Americans are now demanding an end to the Fed.
The Federal Reserve created our problem, yet it manages to gain even more power in the socialization of the entire financial system. The whole bailout process this past year was characterized by no oversight, no limits, no concerns, no understanding, and no common sense.
Similar mistakes were made in the 1930s and ushered in the age of the New Deal, the Fair Deal, the Great Society and the supply-siders who convinced conservatives that deficits didn’t really matter after all, since they were anxious to finance a very expensive deficit-financed American empire.
All the programs since the Depression were meant to prevent recessions and depressions. Yet all that was done was to plant the seeds of the greatest financial bubble in all history. Because of this lack of understanding, the stage is now set for massive nationalization of the financial system and quite likely the means of production….”
Gary Boomershine´s last blog post..Watch Fascist Collide Moustache-First with Negative Equity and the Foreclosure Train!
Gary, thanks for passing along the insight. I couldn’t agree more. Looks like we see things similarly, you and I. 🙂
…jp
Hey, if transparency is what you crave, here are a couple of my favorite sites for details and perspectives that haven’t so far gotten a great deal of media play (though I have a feeling that may change).
http://bailoutsleuth.com/
Regardless of what you may think about Mark Cuban, with his blog below, he definitely exhibits an interesting take on things ….
http://blogmaverick.com/
Cheers!
Gary Boomershine´s last blog post..Watch Fascist Collide Moustache-First with Negative Equity and the Foreclosure Train!