Absolutely fantastic this was broadcast live on CNBC. The stunned look on the "repeaters" faces is really disturbing. I sure am glad that at least one politician speaks the truth.
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The fact that he actually mentions Brenton Woods (and the fact that the planning for a post-WWII economy went down long before the end was in sight!) is going to go right over the heads of 90% of even the college-educated population.
He's what an elected official should be, not some goon in a well-cut suit that spouts platitudes and makes promises that simply cannot be kept.
dead on with the speech, but kinda obvious isn't it?
obvious in terms of mathematics and the principles of leveraging capital.... but getting people to accept personal responsibility for living beyond their means and for their role in the worlds largest credit ponzi scheme and for living a life they couldn't afford to begin with isn't going to happen as long as everyone can safely point the finger somewhere else to say "there.. the problem is over there" - which is exactly whats happening. the blame game is being played on every level of local, state, national and international levels.
just another example of the suppression of truth and the esoteric agenda of the powers that be.
the plan is to keep the public as stupid as possible, not to think..
a revolution is coming, people are waking up..
funny all of the obama morons on here have gone into hiding.
Out of inexperience, arrogance and the fact Obama is bought and paid for... he is going to fuck this country like something we have never seen before...
it will end up as a second civil war
It will be pride vs. common sense.
Obama is NO different than George Bush, he is just better at delivering the bullshit.
That is whats so scary
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just another example of the suppression of truth and the esoteric agenda of the powers that be.
the plan is to keep the public as stupid as possible, not to think..
a revolution is coming, people are waking up..
funny all of the obama morons on here have gone into hiding.
Out of inexperience, arrogance and the fact Obama is bought and paid for... he is going to fuck this country like something we have never seen before...
it will end up as a second civil war
It will be pride vs. common sense.
Obama is NO different than George Bush, he is just better at delivering the bullshit.
That is whats so scary
Yeah you mean like the fucked up mess we have now? That's not Obama he has been president for what a month. Thats W and his buddies. No regulation see where it gets you here. And dont talk about oh the dems this and that. The right had everything for 6 yrs and if anything was such a travesty they could of fixed it but they didnt give a shit.
Actually if you watch the end. I think they werent stunned by what ron paul said, they were stunned that they were all being so talky.
Oh they were stunned. The last thing they wanted was something like that and a little box in the lower right hand corner with negative triple digits. The whole point with the Bernanke hearing was for him to give more of an upbeat forecast rather than a doom and gloom one because they are losing control of their controlled deflation.
Originally posted by Doctor Feelgood
WTF is a news repeater?
Pretty much everything on TV or even most radio and newspapers is owned directly or indirectly by 5 corporations. They all get their information from the same source and present it in a different way catering to a different crowd. So that makes them repeaters not reporters. Reporters would do their own research and report their own views rather than a story made up for them to tell.
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Yeah you mean like the fucked up mess we have now? That's not Obama he has been president for what a month. Thats W and his buddies. No regulation see where it gets you here. And dont talk about oh the dems this and that. The right had everything for 6 yrs and if anything was such a travesty they could of fixed it but they didnt give a shit.
NEWS FLASH: Congress controls the money, not the President.
They gave us the Community Reinvestment Act and all of the entitlement programs which are all bankrupt.
It was Obama's buddies in Congress who gave us this mess. It was 50 years of entitlements and welfare spending which destroyed our manufacturing base.
Yeah you mean like the fucked up mess we have now? That's not Obama he has been president for what a month. Thats W and his buddies. No regulation see where it gets you here. And dont talk about oh the dems this and that.
As I have said this several times on this forum -- It was CLINTON that repealed the Glass-Steagal Act of 1933. Had he not done so we would most likely not be having this crisis today.
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