Congressman Ron Paul Schools Bernanke on the Bailout Plan

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Congressman Ron Paul Schools Bernanke on the Bailout Plan

Uploaded by: soullfire
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Congressman Ron Paul lectures Bernanke on the flaws of the bailout plan and the hazard of the attempt to fix prices versus letting them correct naturally in the free market at the Congressional Hearing today (9/24/08). Ron also questions Bernanke's authority and constitutionality of using the printing press to generate all this extra money needed for the bailout.
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Tags for this video: Authority Bail Bailout Bernanke Constitutionality Debt Depression Federal Fixing Monetary Out Paul Price Ron Street Wall

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I read all your ... ( 1 week ago by RonPaulHatesBlacks)

I read all your comments, and I know what you posted then, and how you're trying to spin it now. Maybe you can sell that shit to some newcomer, but I know better.
And I don't hate anyone. I just think racism and slavery are wrong. You obviously disagree. I'm happy you have no power whatsoever over my life or my country.

I also think racism ... ( 1 week ago by dazzagazza6969)

I also think racism and slavery are wrong. The things that happened to black slaves in USA was sick. The only point I'm trying to make is that rich powerful people control poor people, no matter their race. I thought we could have a thoughtful debate on the origins of slavery and racism in USA. I'm sure you agree that to find a solution to a problem you must first look at the history.
I have Indian, Pakistani, and Jamacian friends. I take offense to you calling me a racist.

"we certainly have ... ( 1 week ago by quittingtomorrow)

"we certainly have the authority from congress" he's right on that one. Paul should focus on abolishing the act.

... Congresswoman ... ( 6 days ago by airrunweskerII)

... Congresswoman Marcy Kaptur "Lawmaker mistakes Bernanke for Paulson at hearing".
2 points!

Anyone who defends ... ( 6 days ago by corymd3470)

Anyone who defends the Federal Reserve needs their head examined. Price fixing interest rates is not exactly free market. They create the bubbles for heaven's sake! Even when you get people to admit that the central bank creates the bubbles, they still defend the central bank. What the hell is wrong with people? Are they just stupid or are they socialists? You want socialism, then move to Russia!

What happened to ... ( 4 days ago by satanwes)

What happened to the bailout money where did it go do the people know i dont think so bailout after bailout bye bye Superpower. America is the equivalent of a crack smoking homeless bum who still thinks his life will turn around wearing the american flag as a shirt

Ron Paul should ... ( 4 days ago by RonPaulGeorgeRingo)

Ron Paul should tell his LOST party (what's left of it) to SHOVE it
go INDEPENDENT - to GROW a movement which DOES have BROAD support BUT would (eventually) have MUCH MORE without that TOXIC "R" tag. Not only that, but the VAST MAJORITY of Republicans will simply NEVER get it! My God, "2008" didn't even wake them up! They literally JUST CAN'T SEE into that window. They can't think "OUTSIDE the BOX".
FACE IT, they are, by
large, INCAPABLE of seeing BEYOND "Reagan" (RED INK) "conservatism".

Bush, Bernanke and ... ( 4 days ago by DarthMai)

Bush, Bernanke and Paulson have betrayed the Republican Party and Conservative values. While Barney Frank and Chris Dodd, Schumer got very powerful. Obama will do much worst than Bush with his Socialistic values. Widen the poor and reduce the middle class. I agree with Ron Paul on this one.

Out of control ... ( 4 days ago by RonPaulGeorgeRingo)

Out of control BORROW
spend goes back decades. The current leverage crisis is just the LATEST example - the straw that FINALLY BROKE the camel's back. Don't forget, MANY WARNED about the DANGEROUS LONG TERM consequences back in the 80's, when Reagan took this CREDIT CARD approach to governing, injected it with steroids,
essentially made it PSEUDO conservative dogma, the NATIONAL RELIGION!
Ron Paul was RIGHT - in 1988,
in 2008. His LOST party ignored him. Shame.

If only more ... ( 4 days ago by tristbjorn)

If only more economist studied the text the base their assumptions on, instead of repeating them dogmatically. These kind of problems was observed even by Adam Smith, but it's left out when he's used as propaganda.

you know everyone ... ( 3 days ago by rmcc0002)

you know everyone in Washington hates Ron Paul.

he has, there is a ... ( 3 days ago by myliverwurst)

he has, there is a bill pending in committee, and has been there for some time, calling for the elimination of the FRB

COINS exactly... ... ( 3 days ago by rachelmaddowmyhero)

COINS exactly... congress authorized COINS not DOLLARS - The dollar is not backed by anything of value and is equally WORTHLESS. He danced around that but he clearly knows the lies which he is perpetuating or the by passing of the truth. what a fucking disgrace to everyone bright well informed american. And congress are ignorant of what ron paul is stating which is the absolute truth and fact

to think obama ... ( 3 days ago by rachelmaddowmyhero)

to think obama doesn't care about people is through and through hardcore ignorance. He, like ron paul are honorary men unlike everyone else who are ignoring or too dumb to realize what is truly wrong

Ron Paul gets it! ... ( 3 days ago by cashflowjoe2)

Ron Paul gets it! Now GIVE YOURSELVES A BAILOUT! Go to my youtube page and check out my website for an opportunity that could provide INCOME for LIFE for you and your family!

obama is a house ... ( 3 days ago by fetish2006)

obama is a house nigger for the clintons

Another racist ... ( 3 days ago by RonPaulHatesBlacks)

Another racist asshole who loves KKK videos and the N-word. It's no wonder Paul got crushed in every primary and caucus.

thumbs up from me ... ( 1 day ago by cyberphant0m)

thumbs up from me sir, People who give you thumbs down, ought to learn what it means, house niggers were slaves who sold out the other slaves to the owner, snitched on them, and in exchange were allowed to sleep in the house once in a while. Of course, rather than talk about the real issue, how Obama will get away with much more than Bush was, because he is a Democrat, people wanna talk about a word... Kudos on focusing on the tree, and not the forest.

way to pick the ... ( 1 day ago by JCeiver612)

way to pick the ignorant comments to focus on than the more important ones.

It's cute that you ... ( 1 day ago by RonPaulHatesBlacks)

It's cute that you consider the N-word unimportant. We the People respectfully disagree. We will never vote for a man who's supported by unabashed racists, and endorsed by Stormfront, David Duke, and other white supremacist organizations.

lol, you have got ... ( 1 day ago by APRtunedAudi)

lol, you have got to be the dumbest person on youtube...... and with hundreds of millions of users that is saying a lot the easiest disapproval of your theory is the fact that Ron Paul won't use the phrase "african americans" because he think it categorizes them into a group so therefore he refers to them and everyone else in this country as Americans, but yeah I'm sure you researched your thoughts before you commented

Ahahahaha!!! But he ... ( 1 day ago by RonPaulHatesBlacks)

Ahahahaha!!! But he will use "the blacks" and argue that "the blacks" should support him because he wants to reform drug-sentencing laws. Because, as everyone knows, all of "the blacks" are drug-dealing criminals!!
I guess I can only be the second-dumbest person on Youtube . . . your position is safe from me!

so we have Ron Paul ... ( 1 day ago by APRtunedAudi)

so we have Ron Paul here who wants to cut spending and thinks bailouts are terrible ideas.... which of course is true.... then you have McCain and Obama who called members of congress and told them to approve the bailout and want to spend almost another trillion dollars in expanding the government and creating public works instead of cutting spending...... yeah.... this country made the right choice

I think racism will ... ( 1 day ago by RonPaulHatesBlacks)

I think racism will stop when all the racists die. Hopefully painfully. In the meantime, either you confront racism and intolerance because it's wrong, or you smile and let it go. You've chosen the latter approach. Worse than, however, you've chosen to DEFEND the racists by attacking anyone and everyone who dares to object to racism. That's fucking brutal.

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Congressman Ron Paul Schools Bernanke on the Bailout Plan

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