RON PAUL v. FED CHAIR BERNANKE: Free Market Smackdown!

Video quality	The size	Download

Information RON PAUL v. FED CHAIR BERNANKE: Free Market Smackdown!

Title	:	RON PAUL v. FED CHAIR BERNANKE: Free Market Smackdown!
Lasting	:	5.51
Date of publication	:
Views	:	29 rb

Ron Paul was the best!
Comment from : risingbull84

Under his policies I wouldn't have to go to another country if I didn't like my leaders, I could just move to another state or even county or city
Comment from : azbpro

Oh come on that is a silly thing to say His policies are the simplest out of all candidates and that's where his policies it's appall to some people Believe it or not politics is hard and his policies would not work If you are so unpleased with your leaders go to another country
Comment from : Dark Fox

Yeahwho'd want this guy as presidentyou'd have to be crazy
Comment from : powerleg

I wish Ron could reach over and smack some sense in Bernanke, he has a look on his face like he's day dreaming that sonofabitch Bush appointed and Obama kept him We need to oust these puppet masters whilst possible!!! Go Ron!!
Comment from : MrJayra210

@mikem21128 Only intelligent people understand him not us dumb people xD Obama makes more sense Hope and change
Comment from : azbpro

@mikem21128 shhhhbig boys are talkingget a lollipop and go wait in the other room while the grown ups take care of business
Comment from : universalsheep

i wonder if anybody of his competitors for the gop nomination has the slightest idea what ron paul is talkibg about
Comment from : seppstein91

Does Paul actually care about the well-being of the elderly? I didn't think Libertarianism put any value on well-being as such, and would require massive deregulation regardless of the human consequences I guess Paul believes that it would help people, but I don't think Libertarianism requires that
Comment from : Okaruwazashi

A lot of people say he kind of wish the were less coocoo
Comment from : Sztynkel

@Wallhammer1337 That's because he is imagining himself kicking the crap out of Ron Paul and he isn't even listening to what he is saying, because he already knows
Comment from : aaronmoravek

DR PAUL is calling people out on critical issues but everyone is shrugging him off! I hope Rand Paul will be as vigourous as his father becuase America need politicians like Dr Paul, it just doesn't seem to know it yet
Comment from : Space S

They act like Ron Paul's questions are irrational They're not the ones who have to eat cat food for retirement after working hard and saving they're whole lives Assholes!
Comment from : Manofheart777

@jbarker98420 What does this mean? Ron Paul is sad beagle Bernake
Comment from : rjkisback

@thewhisperingeagle where can I find information on this statement? I know a lot is said about Masons but where did you obtain this information?
Comment from : rjkisback

Ron Paul or Bust!!, if we do not elect Ron Paul , we the people Dem's and Repub's will be said and done, what is happening is Divide and concur He will try to give us what we want and we need to get behind him and Push
Comment from : Paul Cutting

It must be really irritating for Bernanke to have to listen to someone that knows how finances and the Fed works better than him!
Comment from : Nite Lite

@cl10367 Your little bit is quite dangerous
Comment from : globalchaos1984

Ha, this was on the zeitgeist addendum
Comment from : markusboyd3

cigs were under 5 bucks when i started smoking eight years ago they're almost 9 bucks a pack now Did they get harder to make? Is the paper more expensive? Or is our money becoming even more worthless cuz Big Ben won't stop printing fiat money? I think they're going to let us crash We're not going to see QE3 - we're going to see a recession & 2008 will look good compared to what's coming
Comment from : moose423

@cl10367 nice ad hominem as if the sole requirement to be a 'real' economist is to get an MBA from Harvard or a Phd from MIT paul often repeats the convictions and theories of mises and hayek, economists who, although ignored by keynesian groupthink, contributed much to the field listen to the 2:00 mark again inflation is growth in the money supply plain and simple let's not obfuscate the matter with rhetorial tautologies designed to condition and bewilder the public
Comment from : Stephen Roskowski

I remember when a 24 pack of soda cost around 5 bucks and now its like 7-10$ Tell me again inflation isn't still going on
Comment from : Gamabyu

+++++++++++++++++++
Comment from : sans3542

@cl10367 do you get out much lol food is up a lot and so is gas and its only going to keep going
Comment from : arminho09

He has a point but there's a lot of words without any real meat on the bones
Comment from : Helvetetseldar

@cl10367 Genius! The dollar is stronger than ever and gas prices continue to decline
Comment from : illwell

Ron Paul is a doctor who thinks he is an economist A little bit of knowledge is a dangerous thing
Comment from : cl10367

Bernanke is really scared right now because he knows that inflation is pervasive in the US The currency is tanking, the lending windows are closing There are people like Ron Paul who are asking the right questions Keynesian economics is not working The government is too large and has been a weight around our economic prosperity for a long time Inflation destroys your life savings
Comment from : burlyrdc

OMG Ron Paul actually tried to say inflation is measured thru MZM, he tried to discredit the Consumer Price Index, and he called the entire system sub-prime Wow "People's money is being stolen!"? lol Bernanke didn't destroy Ron Paul, but he just proved why he'd make a lousy president
Comment from : Joey Hornbuckle

@UBSCARED thank you! It is scary how few people here understand that you can't achieve modern economic growth, full output, and full employment without natural inflation! Unfortunately though I have discovered that Austrian Economists don't like statistics :)
Comment from : Deez Nuts

Bernanke is a joke
Comment from : Eric Holmes

@TheProlific1980 Well this awareness had better kick in sooner, rather than later They are quickly chipping away at our freedoms for the sake of our 'security' Are you aware of the new bill Obama introduced for the internet In order to surf online or send e-mail, you would have to enter a PIN so they can track your activity Like i said, "chipping away"
Comment from : jagrmari

@otroe1 poker players do that when they're nervous - he's scared s***less, and if his hand wasn't there either it would be shaking or his head/chin/neck would be obiously trembling they are all going to be locked up for life - they are all scared s***less we are winning; in fact, we've won - keep spreading TRUTH
Comment from : Ahmad Smadi

@Psychosmurf547 Damn Right
Comment from : tonyteb

@NGinuity Sowhat your saying is that, basically we're screwed NWO here we come
Comment from : jagrmari

@jagrmari I'm not sure I see the significance of having gold, because either is valued at the current rate of a dollar, and the only thing keeping that guarantee of worth is the sponsoring government (or market) saying it is worth that much It's more EXPENSIVE than paper, but certainly not worth more in value Gold is a faith-based metal, just like paper money (fiat) is faith based currency It pays no dividend, cannot be eaten and is mostly used for nothing more useful than jewelry
Comment from : NGinuity

@jagrmari What I'm referring to as "facts" aren't any kind of intellectual arguments I'm talking about several things that he states are in the constitution that are not, or things he says are not in the constitution that are in fact present Of course Paul wants a gold standard He has been in possession of his own since the 1960's From an economical standpoint, his ideas of sound money are just that, ideas None of them are practical
Comment from : NGinuity

@NGinuity Yes, what i meant when i said 'run by the banks', being that, this Federal Board of Governors consisted of the bank owners themselves or individuals generously influenced by them And i'm sure they favor the 'private aspects' over the 'public purposes' Mr Paul seems to be the only one who's concerned about the future of the economy in your country His ideas are certainly worth trying Who knowsperhaps what you know as fact might just as well be 'not so'
Comment from : jagrmari

@jagrmari Yes, it is controlled by the Fed, but only because it was delegated by Congress The Fed is not "run by big banks", but is controlled by the Board of Governors (a federal entity) The Federal Reserve System is not "owned" by anyone and is not a private, profit-making institution Instead, it is an independent entity within the government, having both public purposes and private aspects Ron Paul's ideas sound good, but you will find that what he states as fact is often not so
Comment from : NGinuity

@NGinuity Isn't the regulation and printing of currency controlled by the federal reserve, which, as far as i understand, not a part of the federal government anymore? Isn't the federal reserve now run by the big banks of America, who would ultimately control inflation and interest rates Also, why isn't Ron Paul elected president already It seems to me that he makes a hell of alot of sense
Comment from : jagrmari

bernanke is a bilderberger, hes part of a bigger plot
Comment from : Rancher Rayne

Ron Paul is a true constitutionalist and everytime he gets up and talks about the FED it seems very repetitive, but he does this on purpose to drill the message through Looking at this video, Bernanke isn't listening to Ron, he's made up his mind about how things should be run and it goes to show how de-moralized he is, backing a system that's a fucking failure
Comment from : krazymindreader

@floricajun I agree that Congress needs to regulate currency and the printing of it But, I would also like to gently remind you that this has been in their power all along The Fed cannot enforce any monetary policy that has not been enacted by Congress and the Board of Governors The root problem is government spending Cut that down, and you solve the problem with inflation, no matter what standard you are on You have to "print money" every time the government needs to sell bonds
Comment from : NGinuity

@NGinuity This isnt flack, i agree and disagree Your right we cant go back to a gold standard mainly because we dont have enough gold to do it And for central banking, your right we ned to centralize it but make congress do it not foreign banks As for trading in fiat with other nations, thats relatively easy as conversions and fiat exchanges The fed does need to be ended Congress needs to regulate currency and the printing of it I also think we should have competing national currencies
Comment from : floricajun

The greatest show on earth Some of the finest Thespian work ever done
Comment from : piperadio

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
Comment from : NGinuity

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 ?
Comment from : romeoneverdies

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
Comment from : FamousDave2186

Ron Paul 2012!
Comment from : Psychosmurf547

Dude, please just shut the fuck up with your bullshit
Comment from : The Life of Ben

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
Comment from : anglitoestebancito

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
Comment from : anglitoestebancito

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?)
Comment from : anglitoestebancito

"I see no reason why you would refer to the FED as a private organization" Because they act without being audited by anyone!
Comment from : anglitoestebancito

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
Comment from : anglitoestebancito

The FED is a private corporation, just like FEDEX
Comment from : anglitoestebancito

Bernanke seems to be correct that the money supply only increases by 2 but he uses a deception 2 is compounded inflation & does not take account of core inflation ie Fuel (the USD is linked to oil & funds indirectly the AlQueada) food & housing are reliant on oil energy Fed was right to bail out the Banks but Fed must be cut into a monetary policy committee with a USD unlinked to oil & a Regulator like the UK FSA The big banks must be chopped up especially Goldman sach & JPMorgan Chase
Comment from : The Western Rationalist

yes we need to start using our guns and taking matters into our own hands
Comment from : Jonathan Pusic

thisit just for show only we could take back our money only we can stop giving it to them this is in place to make us think something is getting down
Comment from : Infinite Nindo

He can't say anything to undo the facts thrown to him Bernanke is STILL eating US citicensmoney SEEMS NOBODY IS LISTENING FUNNY, isn't it?
Comment from : racenemo

3:29 Smac kdown Fuck the Fed
Comment from : Jonathan Palermo

Bernanke is a pawn a tool a puppet you can tell he's horrified that he needs to answer the question correctly like he has a boss to answer too WHEN ARE WE EVER GONNA GET TO THE REAL PROBLEM? there's a million bernankes and all the deliberation in the world is not going to fix this
Comment from : Evantheowl

Bernanke is a joke Showing disrespect with his little hand on his chin like he's bored and the he had nothing to say at the end! I thought I saw some strings on Bernaks back earlier too! Trust No One
Comment from : OtroeOne

Move to the UK if you want to pay higher taxes you clown!
Comment from : John Norvaisas

Wow i take it you like to pay high taxes you need to move to the UK or Canada i sure am glad there are not as many people like you around Gob bless America!
Comment from : John Norvaisas

That's a result of a failed capitalist government, lack of government funding for medical research, and lack of understanding of basic economics "It does not work" you're truly an idiot
Comment from : RedWizard

First of all it does not work and second the numbers the liberals make up about people not having health care in America is inflated Why do people come to America in droves from Canada if they need surgery? I found out that they have to wait until the government tells them when they can have surgery
Comment from : John Norvaisas

Exactly
Comment from : RedWizard

Oh yes more anarcho-capitalists to drive us even deeper into the failure of market fundamentalism
Comment from : RedWizard

How is universal health care a "radical" idea considering the US is pretty much the only industrialized first world nation without it lol? Please explain this one for me
Comment from : RedWizard

Now the socialists in DC want to make more government with there single payer radical health idea's
Comment from : John Norvaisas

You cannot disagree with him on wars and agree with him on economics The government needs the FED to finance the its military campaigns Without the fed, the government wouldn't be able to afford the trillions of dollars that are necessary to wage wars They go hand in hand The government knows that people would rebel if they increase taxes so the fed is the easy way out!
Comment from : BY ANY MEANS HD

Private companies already build the roads Why would private companies do it without being paid by the community? Sure Wal-Mart might want to build a road going to the outskirts of a town to get more business but who builds the back roads, puts up the stop signs, arrests drunk drivers, all that's more important than immigration
Comment from : d3p3ch3mod3

It is somewhat wrong to say that "basic economics is a lie" Basic economic theory holds under certain assumptions, which means that one needs to learn how to APPLY economics to reality I never implied that Paul lacks knowledge that I posses My reasonable observation is that it is a bit audacious for Paul to question a PHD economist with such audacity And I am also an economics undergrad, so I find it kind of funny to hear an econ undergrad to characterize "basic economics" as a "lie"
Comment from : Pedro Quintanilla

I've got to say, Ronnie comes off as a huge Dbag Also, look at the first close up on Ben, he just fucking hates Ron Paul
Comment from : Alec Jeffery

As a side note, and something I posted on another version of this, look on your local shelves and find something that isn't imported, so that argument doesn't necessarily hold any water
Comment from : myliverwurst

i miss ronnie :(
Comment from : innro

Ron Paul is my hero! The only guy out of all the presidential candidates who understands the mess the US is in Here in America, 10 of people who buy books actually read them and that is big part of the problem So here's a link for all of you who read this comment: Go to mises (dot) org, which has an enormous resource base of mp3s, videos, and books on all things economic and start educating yourself The site also has five books by Ron Paul, including "The Case for Gold"
Comment from : dimonemon

MrSmithKnows can't be seriousthis is a phony post
Comment from : Robert Douthat Photo-Video

What a smack down
Comment from : Lord Of The World

First off Pedroquin77 you need to go read a book on economics Ron Paul said it exactly how it is First off The Federal Reserve is Privately owned and run by JP Morgan Chase (aka Rockerfeller) Do the research and look it up As a matter fact look up your top 50 fortune corporations and look up the highest investors you will see JP morgan on all of them TGT target/ MSFT microsoft/ JAS joann stores/WMT walmart the list goes on
Comment from : GuitarFreakStyle

Ron Paul is right that the Federal Reserve creates money out of thin air However, this is not necessarily inflationary (as measured by the percentage change in the CPI or GDP deflater) In fact, in times of short-term economic contractions, expanding the money supply might be exactly what the economy needs Here's a blog post I wrote about the 75 bps rate cut by the Fed econblogaplia()com
Comment from : crossxwill

If you think that all of the stuff Ron Paul was saying was true, you need to go back to BASIC ECONOMICSwhat ron paul lacks for in knowledge, makes up for in audacity
Comment from : Pedro Quintanilla

Actually thats not entirely true The decisions and analysis are done by powerful individuals within the so called "free market" The Federal government did create the regulations requiring every banking institution to obtain their currency and credit via the FED Additionally, the FED is the institution that places the requirement for the treasury to print more money That is nothing close to what you would call a private market firm
Comment from : Jeremy Diehl

Actually you need to do a little bit of work on your end and learn about the Austrian Theory of the business cycle
Comment from : Jeremy Diehl

How so? please ellaborate
Comment from : Steve l

Ron Paul really needs to work on his economics
Comment from : Pedro Quintanilla

Why should he look anything but bored These little hearings are a joke Bernanke knows he and those he serves are the most powerful force in the world Why should he care what Ron Paul has to say End the FED! RON PAUL 2008!
Comment from : Farmer Fred Homestead

This is exactly what Catherine Austin Fitts has been saying for years She shares wisdom on her site at solariDOTcom Ms Fitts used to be in the US Dept of HUD
Comment from : greatbroad