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Forum Post: Ron Paul on Audit the Fed CNBC

Posted 2 years ago on Aug. 1, 2012, 8:38 p.m. EST by john23 (-272)
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68 Comments

68 Comments


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[-] 1 points by richardkentgates (3269) 2 years ago

The fact that CNBC is entertaining this topic while some bankers, traders, and economists are saying now that the previous actions by the FED seem to have done little to nothing in the way of assisting a recovery. Add to this the x-CEO of Citi saying that we need Glass Steagall. Promising.

[-] 1 points by RockTheBoat (8) 2 years ago

Truth!

[-] -1 points by john23 (-272) 2 years ago

rare in politics

[-] 0 points by VQkag2 (16478) 2 years ago

wasn't he the guy with all the racist newsletters.?

[-] 2 points by TrevorMnemonic (5827) 2 years ago

wasn't Obama the guy that ordered the death of American citizens without filing charges and without providing evidence of their crimes even after being served a lawsuit over legal authority to assassinate American citizens in a non-battle zone?

I can change the subject too!!

Murder is illegal and wrong. We are supposed to have due process. Also if people were captured instead of assassinated we could not only put them on trial like civilized human beings but we could get more information from them if they are guilty.

[-] -1 points by VQkag2 (16478) 2 years ago

I'm against the drone bombings. Done! Subject change addressed sucka.

I didn't change the subject since I see the subject as Ron Paul.

Isn't he a racist? YES! Why would I listen to a racist? And a right wing, libertarian no less.!

He has no credibility with me. Your distraction from his racist ranst just shows your partisanship.

Right wing much?

[-] 1 points by TrevorMnemonic (5827) 2 years ago

You should listen to Dennis Kucinich. The audit of the federal reserve is a good thing. Monetary policy is shit and it's used to benefit the 1%.

Inflation is a scam.

The federal reserve creates money loans it out to banks at low interest, and then banks loan it to people at high interest. Our monetary policy is based on debt. The fed gives money to the banks and then the banks keep the money on deposit and collect high interest and pay CEO bonuses. FAT CAT CITY.

Don't let your hatred for someone blind you from such an important issue as monetary policy. If you don't like Paul listen to Alan Grayson or Dennis Kucinich.

[-] 0 points by shoozTroll (17632) 2 years ago

Auditing the FED without auditing all the banks that control it, is a waste of time and money.

It's another feint, to take focus off of WallStreet.

You know, they guys that actually control the FED?

[-] 0 points by john23 (-272) 2 years ago

That's a comment that somebody with no knowledge of how the system works would make.

[-] 1 points by shoozTroll (17632) 2 years ago

And that was a completely empty comment.

Not a speck of meat.

[-] -1 points by john23 (-272) 2 years ago

apparently there was some meat...it warranted a return comment.

How pissed are you about LIBOR? The feds been doing the same thing for 100 years. They also lent out 16 trillion to overseas banks during the crisis...and we only know that because of a forced partial audit which they fought tooth and nail.

[-] 0 points by shoozTroll (17632) 2 years ago

Ain't "free markets" a wonderful thing, when you're the guys controlling them?

Neolibe(R)tarianism........ in all it's tyrannical glory.

[-] -2 points by john23 (-272) 2 years ago

There's nothing remotely free about this economy when it comes to monetary policy. The most important aspect of monetary policy has been controlled since the start of the Fed. Once again...please read a few books on the topic.

[-] 2 points by shoozTroll (17632) 2 years ago

That's correct, it's controlled by neolibe(R)tarains, crying for something that can not exist.

Mr. P even writing books on that very same falsehood.

[-] -2 points by john23 (-272) 2 years ago

crying for what that can't exist?

[-] 3 points by shoozTroll (17632) 2 years ago

Why, I thought you knew.

The libe(R)tatrian lie of "free markets".

The illusion that takes your money every single day. and gives you less and less in return.

And here you said you were reading books and paying attention.

Musta been a Mr. P book you read.

He's just another lying career politician.

It's too bad for our nation he reproduced.

[-] 0 points by TrevorMnemonic (5827) 2 years ago

the audit will show trillions of dollars have been given to wall street

The federal reserve gives money to banks, the banks keep the money on deposit, collect high interest, fat cat city! In no way does the audit take attention away from Wall Street.

The last audit showed 16 trillion in BS going to corporations and banksters.

The federal reserve and the trillions they have funneled through wall street is part of the secret to Wall Street's fraudulent success.

A full audit of Goldman and shit like that would be nice though!

[-] -1 points by shoozTroll (17632) 2 years ago

If you already know, why bother with an audit?

They could have just asked you.

I'll say it one more time. This audit is pointless without auditing the banks that control the FED, and the majority of those banks are owned and operated by WallStreet.

You should stick up for them less.

[-] 0 points by TrevorMnemonic (5827) 2 years ago

yes but knowledge is power and more attention is being drawn to the issue. More people need to know. When more people are aware more is usually done.

[-] 3 points by shoozTroll (17632) 2 years ago

Without auditing the controlling banks, they will learn nothing actionable.

It will be just one more show in the circus, nothing more.

Oh to be sure, there will be ponies prancing and seals clapping, there might even be some fireworks, but nothing will come of it.

The info we really need, is hiding deep within those WallStreet banks.

[-] -3 points by john23 (-272) 2 years ago

The banks control the Fed..interesting. I love how people get online and talk about things they know nothing about.

Go read a few books about the Fed and then come back and discuss....you're wasting our time at this point.

What pisses me off about people like you...is you're automatically against something because of its source....i'd be just as interested in this if a communist party put forth the bill. Break the partisan bs just for awhile....especially when something as important as this is smacking you right in the face.

[-] 4 points by shoozTroll (17632) 2 years ago

There are several banks that have a voting interest in the FED.

Most of those "banks" are now WallStreet investment "banks".

You should think, before you type.

The only book you seem to have read is the one by Mr. P. That one is complete crap.

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[-] -1 points by john23 (-272) 2 years ago

You said: "Why, I thought you knew. The libe(R)tatrian lie of "free markets". The illusion that takes your money every single day. and gives you less and less in return. And here you said you were reading books and paying attention. Musta been a Mr. P book you read. He's just another lying career politician. It's too bad for our nation he reproduced."

Why can't free markets in a monetary perspective not work (i'm not talking about the whole economy...talking money)? What makes you believe they can't?

What lies has the doctor told....please cite them specifically?

[-] 2 points by shoozTroll (17632) 2 years ago

There is no such thing as a "free market" it's is and always will be an illusion.

That in and of itself, is one of Mr. Ps greatest lies.

Then there's all his shit about States "rights". Balderdash!!!

Crapola!!

[-] -1 points by john23 (-272) 2 years ago

"Actually, it would depend on yours. Somehow, I think it's in line with the neolibe(R)tarian version. You know, the edited one."

No it wouldn't depend on mine...because i didn't make the statement...dip stick

[-] 2 points by shoozTroll (17632) 2 years ago

Then why don't you tell us all about how a market is free?

Try and avoid the CATO version if you can.

[-] -1 points by john23 (-272) 2 years ago

In my opinion....a market is free when we act as individuals.....we're not limited or forced into choices...and we're protected by government from fraud in the marketplace.

But what difference does it make what my thoughts are? You made the statement.

[-] 2 points by shoozTroll (17632) 2 years ago

Now, why don't you apply that to a market?

Let's say..........the widget market.

[-] 1 points by DKAtoday (23961) from Coon Rapids, MN 2 years ago

Protected by government from "fraud" in the market place????

Hello.

Economic meltdown? No arrests - no charges - no restitution to the victims?

Ummm...I think you might want to rethink that comment.

[-] 0 points by john23 (-272) 2 years ago

No i don't need to rethink it at all..because i never said we lived in a free market.

"Economic meltdown? No arrests - no charges - no restitution to the victims?"

I agree with your statement...what makes you think i don't???

Instead of punishing the people who caused this...we used the keynsian principles and bailed out the uber rich and dumped it on the average joe who got screwed out of their homes.

[-] -2 points by john23 (-272) 2 years ago

Yeah...so basically you got nothing....not one lie....except your own.

[-] 2 points by shoozTroll (17632) 2 years ago

Markets are created by man. They are not free.

They are and always have been controlled by man.

Now dip stick, prove that wrong.

[-] -1 points by john23 (-272) 2 years ago

That doesn't even make any sense. "markets are created by man..they aren't free".

what is your definition of free?

[-] 3 points by shoozTroll (17632) 2 years ago

Not understanding, does not disprove a thing.

All markets, by their very nature are controlled, they are not in any sense "free".

An absolute definition of 'free" in this case, is irrelevant.

[-] -2 points by john23 (-272) 2 years ago

It's not irrelevant at all..."markets are created by man...they are not free". That depends on what your definition of free is.

[-] 1 points by shoozTroll (17632) 2 years ago

Actually, it would depend on yours.

Somehow, I think it's in line with the neolibe(R)tarian version.

You know, the edited one.

[-] -1 points by VQkag2 (16478) 2 years ago

I got no hatred. I just don't listen or defend racists like some people.

I know all about the $16T loan/scam the fed is perpetrating with the banks. I am against it. I don't need (but do support) an audit to tell me that the system is corrupt and exploits the 99% for the enrichment of the right wing 1% plutocrats that crashed the world economy.

I'm glad Kucinich (who votes 90% w/ dems) got the 1st fed audit in the dem fin reform bill that the repubs watered down.

Good deal. Dennis and his fellow dems did well despite the repubs efforts to kill and their promise to repeal the fin reform bill.

More audits? sure. But y'know what? We got enough now! I can support another audit (but not the racist Ron paul). But I think we should be agitating for the Admin to prosecute, and whatever congressional oversite committee as well.

We don't need to wait for another audit but sure lets do it. Wooo Hooo!

[-] -1 points by john23 (-272) 2 years ago

Anyone that can find a racist comment spoken directly from his mouth and i'll shut up and agree with you. The man doesn't have a rascist bone in his body. He didn't write the newsletters that had that content in them. Here's a guy that paul took care of for free when he was a physician when noone else would because he was black (2 minutes):

http://www.youtube.com/watch?v=8Rv0Z5SNrF4

This should clear up the issue pretty well if you dig through some of it:

http://ronpaulracist.com/

[-] 1 points by VQkag2 (16478) 2 years ago

But Ron Paul did acknowledge, and apologize for the racist newsletters you dismissed.

Regarding your youtube example: I also heard he rode in an elevator with a non white. Doesn't change the racist newsletters. Sorry.

[-] 1 points by ronniepaul2012 (214) 2 years ago

Yeah, and Oprah pens every article in "O". You are a broken record.

[-] 1 points by VQkag2 (16478) 2 years ago

Huh? What does Oprah have to do with this?. Does she support the audit?

Or does she have additional evidence of Ron Pauls racism?

[-] 1 points by ronniepaul2012 (214) 2 years ago

She has a magazine published under her name. Obama is more racist than Paul, btw. Racial relationships have been set back a good 20 yrs under his reign.

[-] 0 points by VQkag2 (16478) 2 years ago

Wow. I'm afraid you appear to have lost all sense of reality. My apologize I didn't mean to stir you. Please forget I said anything and perhaps take a rest. Lets just agree to disagree. Is it time for medication?

[-] 1 points by john23 (-272) 2 years ago

"But Ron Paul did acknowledge, and apologize for the racist newsletters"

You bet he did...and he also explained he had no knowledge of the content prior to it being published. When asked if he thought it could be viewed as negligent...his answer "yes, i was juggling a full career and a full family at the time...but yes". If you can name another politician that wouldn't lie his ass off to get around that question i'd be impressed.

[-] 1 points by VQkag2 (16478) 2 years ago

Oh! He didn't realize what racist comments his newsletter was spreading. I see.

Fine. So it then simply becomes a question of whether we believe that story. I do not!

I guess you do. No prob. That's your right. But just because you believe it doesn't make it true. And since I believe he is a racist (based on his racist newsletter) he has NO credibility with me. I believe racists should be ostracized, shunned, & humiliated in the town square. Not embraced and held up in any way.

We disagree that's all. No biggie. We don't need to argue.

I do support the audit, although I think we have enough to prosecute already and should be pressuring AG & congress to investigate & indict..

[-] 0 points by john23 (-272) 2 years ago

Show me a shred of evidence in his 30+ years in office of him uttering 1 word of racism from his mouth, or directly from his pen. You won't find it.

"I believe racists should be ostracized, shunned, & humiliated in the town square."

I do too

So we both support the audit.

[-] 0 points by VQkag2 (16478) 2 years ago

Sure we support the audit. Ron Paul is an insignificant little man. His time is over. No need to argue over that guy. He ain't the issue! The fleecing of the American people (99%) by the fed and their conservative 1% plutocrat banksters is the issue.

Thats why we support the audit. Right? To catch those criminals and right the train of justice and economic fairness.

"Halellujah, here she comes!"

[-] 0 points by shoozTroll (17632) 2 years ago

How about we audit Mr. P. too?

Along with his teabagge(R) son.

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[-] 1 points by shoozTroll (17632) 2 years ago

Sounds like fun, but I believe that's at least a taserable offense these days.

A good tarring and feathering would be more American.............:)

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[-] -1 points by shoozTroll (17632) 2 years ago

Whatever it takes to end the "right" wing hegemony, regardless of what name they are going by.

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[-] 0 points by shoozTroll (17632) 2 years ago

Considering how long they have lying about it.

It's about time.

\http://occupywallst.org/forum/wsj-lying-about-global-warming-since-1976/

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[-] 1 points by DKAtoday (23961) from Coon Rapids, MN 2 years ago

At least 50 years has pollution been an issue. I 1st encountered pollution education in grade school - there were films and follow-up curriculum - there were even fiction stories about holes in the atmosphere letting in harmful energy from the sunlight and pockets of co that traveled around the world and emergency drills that kids would do in school to hold their breath until one of these pockets of co had passed on by and the all clear would be sounded to say that it was safe to breathe again - and then one day the drill turned out to be real and one child sat and watched as the other kids one by one lost the battle of holding their breath and died. This was in grade school - 3rd grade if I rememberize correctly.

[-] 1 points by shoozTroll (17632) 2 years ago

Geo provided a link that shows it really does go back much further.

http://www.aip.org/history/climate/co2.htm/

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[-] 1 points by DKAtoday (23961) from Coon Rapids, MN 2 years ago

Funny how a subject can jump the rails - Hey?

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[-] 2 points by DKAtoday (23961) from Coon Rapids, MN 2 years ago

LOL - it started shifting tracks when you were peeing on RW shoes. It just goes to show that it is not a very large step in any direction when talking about the ills of society to get to a seemingly different subject ( still they are related ).

[-] -3 points by john23 (-272) 2 years ago

Yeah, you guys keep it up...the longer you BS the longer my post stays at the top of OWS and the more people will get to see it. Thanks.

[-] -1 points by john23 (-272) 2 years ago

audit paul? For what?

[-] 0 points by shoozTroll (17632) 2 years ago

Everything from ties to white power and nazi groups, to ties to christian reconstructionists..

It would also be nice if he would answer some of the questions asked of him, in a forthright manor.

There's also the matter of his ties to his biggest fan. Alex Jones.

[-] -1 points by john23 (-272) 2 years ago

You gotta be kidding me...take off your tin foil hat.

[-] 1 points by shoozTroll (17632) 2 years ago

You first.

Mr. P fans all wear those hats.

[-] -1 points by hchc (3297) from Tampa, FL 2 years ago

Auditing the Fed/Goldman Sachs should be a no brainer.

Go ask people at the mall what they think about auditing the Fed. They have no fuckin clue what you are talking about.

More people know who Snookie is than they do Goldman Sachs.

This disasterous apathy is the core of everything that is happening.

[-] -2 points by john23 (-272) 2 years ago

couldn't agree more.