1/18/10 Ron Paul’s Texas Straight Talk: Government is Too Big to Succeed

house.gov CampaignForLiberty.com Last week, the Financial Crisis Inquiry Commission kicked off their first round of hearings on the causes of the economic meltdown on Wall Street. The commission is being compared to the the Pecora Commission launched in 1932 to investigate the causes of the Great Depression. The Pecora commission is beloved by those who believe the solution to every problem is more laws because it was used to justify a number of new laws, including Glass-Steagall. Of course, none of those laws addressed the real causes of the Great Depression. It was the introduction of unsound monetary policy and central economic planning pursued by the Federal Reserve that really threw everything off balance. The Fed was founded in 1913 to stabilize the economy and prevent a recurrence of the short-lived Panic of 1907, but instead it promptly produced the Great Depression which lasted more than 15 years. The Pecora Commission was stacked with big government sympathizers who blamed the free market and the gold standard without question, and without any consideration of government interference in the economy. This panel is no different. Never will they contemplate how government steered us into this crisis, and what perverse incentives can be removed or repealed so that the market will function more smoothly. Never will they discuss how investment should come from savings, not debt. Never will it occur to them that fiat money, artificially low interest rates and the whole ...

This entry was posted in House Plan Articles and tagged , , , , , , . Bookmark the permalink.

16 Responses to 1/18/10 Ron Paul’s Texas Straight Talk: Government is Too Big to Succeed

  1. vechorik says:

    – Ron Paul says end the EPA and pollution laws should be TOUGHER!
    /watch?v=XsZ6-2BdpIQ

    Learn about United Nations Agenda 21 for the true agenda behind the carbon tax — global government.

  2. andyegan790 says:

    GREAT JOB!! You and those like you make youtube great.

  3. AntiRacismAndHateCom says:

    @HellzaComin I think I heard he isn’t running in 2012. I am thinking R. Lee Wrights 2012, but I have not finished my research yet.

  4. Thisawareness says:

    Al Gore & Goldman Sachs

    Generation Investment Management’s founding partners are studded with officials from Goldman Sachs. They include David Blood, former CEO of Goldman Sachs Asset Management (GSAM); Mark Ferguson, former co-head of GSAM pan-European research; and Peter Harris, who headed GSAM international operations
    (Plus former Secretary of the Treasury (under George W Bush) & a former CEO of Goldman Sachs Hank Paulson has ties also to Gore & GIM

    Pecora Commission now!

  5. Thisawareness says:

    Al Gore & Corporate friends set to make billions off of the Global Warming Scam

    Al Gore is chairman and founder of a private equity firm called Generation Investment Management (GIM). According to Gore, the London-based firm invests money from institutions and wealthy investors in companies that are going green. Generation Investment Management, purchases — but isnt a provider of — carbon dioxide offsets

  6. CommanderUTube says:

    “Round up the usual suspects.”

  7. willyD200 says:

    Why are there so few elected officials that dare speak the truth, when it’s easy to see the american public really does appreciate honesty ?
    Ron Paul, Dennis Kucinich and maybe Bernie Sanders…….why???

  8. Firebirrd85 says:

    President RON PAUL!!!

  9. ERROLCUSTERFLYNN4EVR says:

    the ANGELIDES COMMISSION IS AN INSULT TO THE AMERICAN PEOPLE, the wall street BANKSTERS HAVE NOTHING TO FEAR FROM THIS WHORRED UP CRONIED UP CIRCLE JERK that will tinker with a few details and will whitewash the fiasco.

  10. boots920 says:

    Article 1 Sec 10
    No State shall
    1) emit Bills of credit (Federal Reserve Note is a bill of credit)
    2) make anything but gold and silver coin a tender in payment of debts;
    Federal taxes have to be paid in gold and silver coin not bills of credit that’s why the US government minted gold and silver coins (Red Book) for 200 years.
    1913 subverted the US constitution then the US people have been manipulated into wars for profit by corrupt government.
    1971 the US dollar became a bill of credit

  11. voteDRNO says:

    2012

  12. HellzaComin says:

    The voice of truth and reason speaks again.

    Ron Paul for US President 2012!

  13. jcNOVA88 says:

    Ron Paul for FREEDOM!

  14. timbosforporn says:

    I’ve been doing some reading of the constitution and it says that the federal government can coin money and states can emit nothing but gold and silver. I’m not sure but it seems to me to say that the federal government assigns a value of the currency and states issue the currency with their own mints by whatever standard value the fed govt created.

  15. Carrill says:

    wow! Ron Paul speaks the truth. Sock it to em!

  16. boots920 says:

    If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered .
    Thomas Jefferson-he foresaw this debacle over 200 years ago. All caused by fiat curency. Federal Reserve
    If Gold and Silver was still legal tender this staged event would not have happened