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Ron Paul on Fox Business News

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Ron Paul gives his take on the bailout to rescue the collapsing global financial markets. 9/24/08
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Tags for this video : Austrian bailout bretton depression devaluation dollar economics federal fiat inflation keynesian mises money Paul reserve Revolution Ron woods

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If Ron Paul had his ... ( 4 weeks ago by origen01)

If Ron Paul had his way we'd probably be in a depression for a couple of generations.

View Ron Paul on ... ( 4 weeks ago by engine2truck6)

View Ron Paul on MTV here on YouTube... especially the last 3 minutes.
If Dr. Paul had his way, Americans would have liberty, probably for a couple of generations.

if Dr. Paul had his ... ( 4 weeks ago by origen01)

if Dr. Paul had his way, i'd still be a slave.

Oh, yeah - I forgot ... ( 4 weeks ago by engine2truck6)

Oh, yeah - I forgot about the "return to african & semitic slavery" part of his political platform. Thanks for reminding me.

wut are you talking ... ( 4 weeks ago by origen01)

wut are you talking about? ron paul doesn't believe the civil war was necessary

You are correct. He ... ( 3 weeks ago by engine2truck6)

You are correct. He does believe that the Civil war was not needed. I disagree with him on that one, because the US Constitution specifically forbids States from forming confederate agreements and/ or secession. I do know that he is AGINST slavery - ALL slavery, not just African -and he believes that slavery was doomed anyway... and I agree with him on that.

So this would have ... ( 3 weeks ago by origen01)

So this would have been his thinking: "Yeah, slavery is doomed to fail so we should just allow the slaves currently in bondage to be deprived of life and abused. The market would take care of things in the long-run."
Here's fundamentally where I disagree with Ron Paul: in the long run we are all dead.

The slaves didnt ... ( 3 weeks ago by envision91)

The slaves didnt have it THAT bad, by the 1850's, we had to work on farms and shit but we got free housing. Not all our masters abused us; only the crazy Joe the plumber types.

negro, that aint ... ( 3 weeks ago by origen01)

negro, that aint even funny...

Do u have any clue ... ( 3 weeks ago by scienterprize)

Do u have any clue what u are talking about?

still? how old are ... ( 3 weeks ago by zarri113)

still? how old are you?

u gonna have 2 be ... ( 3 weeks ago by origen01)

u gonna have 2 be more specific. what makes u say that? Ron Paul and other strict libertarians don't believe in any govt. regulation of commerce outside of property rights and business monopolies. He doesn't believe in expansionary fiscal policy hence the comment that if he were elected we'd probably have a couple of depressions.
If he were elected president in 1860, he would have allowed the southern states to succeed from the Union, hence my comment that I would probably still be a slave.

heh, very funny. ( 3 weeks ago by origen01)

heh, very funny.

The Civil War was ... ( 2 weeks ago by runleonrun)

The Civil War was necessary...for the North to maintain control of the South. Think about it...how is going to war with people to maintain governmental control over them not tyranny? If you think the North was fighting to "free the slaves" then you are being deceived.

Do you know what ... ( 2 weeks ago by runleonrun)

Do you know what caused the depression? I'll give you a hint: it begins with "Federal" and ends with "Reserve." Yes, the Federal Reserve, which Ron Paul opposes, caused the depression.

What caused the ... ( 2 weeks ago by origen01)

What caused the Long Depression of 1873-1896? It was the longest depression in US history...

the election of Abe ... ( 2 weeks ago by origen01)

the election of Abe Lincoln directly caused the southern states to succeed. he was a prominent abolitionist and signified the death knoll for slavery in America. Officially, the North was fighting to preserve the union, but the war started because of slavery.

You haven't read ... ( 2 weeks ago by runleonrun)

You haven't read much about Lincoln, have you? He said himself that he was fighting to preserve the Union, and he would do it whether he had to keep slavery or not. If the war was about slavery then why didn't Lincoln issue his "Emancipation Proclamation" at the beginning of the war? Why did he wait until 1863? You claim he was a "prominent abolitionist"...did you know he though blacks were unequal to whites? He wanted to send the blacks back to Africa! Don't believe me? Look it up.

You totally misread ... ( 2 weeks ago by origen01)

You totally misread my statement. Fighting to preserve the Union is a reaction to secession. Why did the southern states secede? Because Lincoln won the 1860 election. Yeah, I was exaggerating when I said he was a "prominent" abolitionist, but he did always oppose the expansion of slavery into the new territories which was the central grievance southerners had with Republicans.
Oh yea, and wut caused the Long Depression of the late 19th century?

So why is secession ... ( 2 weeks ago by runleonrun)

So why is secession wrong? The 13 colonies seceded from Great Britain.
And there were many causes of the Long Depression...greenbacks that were issued during the "Civil" War, overbuilding of rairoads, lack of gold to back said greenbacks...

why was there a ... ( 2 weeks ago by origen01)

why was there a lack of gold to back the greenbacks in circulation?

I just told you. ... ( 2 weeks ago by runleonrun)

I just told you. Greenbacks were issued during the Civil War, and their quantity became greater than that which could be backed by gold. There was too much paper money to be backed by all of the gold in the country.

yeah, but there was ... ( 2 weeks ago by origen01)

yeah, but there was no need to have the greenbacks redeemable for gold--it was true fiat. problems only occurred when the US went go on the gold standard--which was a response to trends in international trade. deflationary crises were directly linked with drops in gold commodity prices (consider the massive increase in demand for gold & the 30yr rut between the major gold booms of the 19th century). deflationary pressures were immediately felt worldwide so u can't blame it all on the greenback

Extreme and ... ( 2 weeks ago by origen01)

Extreme and unpredictable fluctuations in money supply would be common in a commodity backed currency system that does not rely on a central bank.
With the Federal Reserve, deflation during the Great Depression was severe, but it was corrected after only 3 yrs in conjunction with expansionary fiscal policy (compared to the 23 yrs of the late 19th century)

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Ron Paul on Fox Business News