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-   -   Ron Paul asks Bernanke "Is gold money'? (https://gfy.com/showthread.php?t=1030516)

webairalex 07-16-2011 08:15 AM

Ron Paul asks Bernanke "Is gold money'?
 
I don't know anyone else on earth that puts Bernanke on the spot like this, "Is gold money?"
Say what you want about Ron Paul, the man is consistent!.:2 cents:

Paul: "Do you think gold is money"? Bernanke: (long pause and thinks) "No, its a precious metal" :321GFY

https://youtube.com/watch?v=2NJnL10vZ1Y

iamtam 07-16-2011 08:16 AM

ron paul is an ass. but the tea baggers seem to like him.

Ethersync 07-16-2011 08:21 AM

An ass? That's a first.

Great clip.

Jman 07-16-2011 08:41 AM

He should fire the person plucking his eye brows

seeandsee 07-16-2011 08:45 AM

ron is the man!

MrMaxwell 07-16-2011 08:47 AM

There's nothing better than Ron Paul in the history of the world. I can't believe that people still laugh at him. Has anything he's ever predicted not happened, yet? If so, what?

I know I know .... I'm using logic .. and that's a dirty word :(

SallyRand 07-16-2011 08:54 AM

Quote:

Originally Posted by MrMaxwell (Post 18286233)
There's nothing better than Ron Paul in the history of the world. I can't believe that people still laugh at him. Has anything he's ever predicted not happened, yet? If so, what?

I know I know .... I'm using logic .. and that's a dirty word :(

For sure!

Around here most of these assholes wouldn't know a good deal if it bit them on the ass AND hit them upside the head!

Mutt 07-16-2011 08:58 AM

Quote:

Originally Posted by Crak_JMan (Post 18286223)
He should fire the person plucking his eye brows

send him Juicy's email, i'm sure he'll help him out when he's campaigning in NYC

MrMaxwell 07-16-2011 09:02 AM

Quote:

Originally Posted by SallyRand (Post 18286245)
For sure!

Around here most of these assholes wouldn't know a good deal if it bit them on the ass AND hit them upside the head!

I know that is right
I worked for some guy in hutch for about a month. He had this one kind of product FLYING off of the shelves at close to $600. He was paying $300 for them. I found the same thing for $125 each and he wouldn't let me go and buy them...

Another guy was three weeks expired on his car lot license and I managed to light a fire under him and dug out an old item he had, got it sold, kept him alive and then he got mad and threw me away..... It is funny, too, because the ad that sold it was a CL ad in KCMO and he made me take it down an hour after I put it up ( I knew they were popular in KC )

Even though he only let me have it up an hour - it SOLD IT and kept him alive
And he STILL didn't appreciate me

This guy had used SALES TAX money to keep the business going!!!! And hadn't renewed his license!!

No hell no you can't sell people $100 for $50 around here :1orglaugh

dyna mo 07-16-2011 09:45 AM

ron paul is proof that a 30+ year career politician yapping his trap about all the injustices around us gets a career politician re-elected time & again.

he has done nothing significant beyond asking questions like "is gold money?".

whoopie, now what? nothing.
same old system that ron paul as been a part of for decades.


ron paul is part of the problem, not a solution.

iamtam 07-16-2011 09:46 AM

Quote:

Originally Posted by MrMaxwell (Post 18286233)
There's nothing better than Ron Paul in the history of the world. I can't believe that people still laugh at him. Has anything he's ever predicted not happened, yet? If so, what?

I know I know .... I'm using logic .. and that's a dirty word :(

what is the logic? ron paul hasnt learned the second most important thing in politics, which is getting people to work with you instead of against you. he annoys people, gets in their way, and asks questions with no point. he is an obstructionist. that might make him popular with the people, but it makes him an absolutely liablity when it comes to getting things done. elect him president, and obama will look like a genius.

amateurbfs 07-16-2011 09:49 AM

Can you guys even name any countries not using a fiat currency? The US Dollar will NEVER be backed by gold again as it SHOULD NOT BE.

Queuing retards..

Agent 488 07-16-2011 09:53 AM

and the ron paul groupies clap their flippers and bark.

what did that prove or change? nothing.

dyna mo 07-16-2011 09:59 AM

ron paul's missed voting record for the last 5 years:

http://www.govtrack.us/data/us/112/r...tes-400311.png

His absentee rate is in red. The two thin black lines provide a context for understanding the significance of the absentee rate. The lower dotted line shows the median value for all Members of Congress in that time period. The upper dotted line shows the 90th percentile. A Member who approaches the upper dotted line is in the worst 10 percent of Congress.

he is on track to break his own shitty record as a career politician for 2011
missed votes 2011:
q1 missed 24% of votes
q2 missed 13% of congressional voting.

woj 07-16-2011 10:10 AM

he is a clown, wasted 5 mins of everyone's time with bullshit questions...

MrMaxwell 07-16-2011 10:10 AM

Quote:

Originally Posted by iamtam (Post 18286330)
what is the logic? ron paul hasnt learned the second most important thing in politics, which is getting people to work with you instead of against you. he annoys people, gets in their way, and asks questions with no point. he is an obstructionist. that might make him popular with the people, but it makes him an absolutely liablity when it comes to getting things done. elect him president, and obama will look like a genius.

Agreed, he can't really get anyone to work with him, he wants to make government smaller and close the money hole. Truth always annoys people. He doesn't get in the way or ask pointless questions. He tries to get people thinking. I think him running repub was a great example of trying to get people to work with him. As he says, the repub party is nothing it was supposed to stand for and he was closer than anyone has been in many years.

I never have seen him get in the way of anything but more spending..

MrMaxwell 07-16-2011 10:11 AM

Quote:

Originally Posted by dyna mo (Post 18286350)
ron paul's missed voting record for the last 5 years:

http://www.govtrack.us/data/us/112/r...tes-400311.png

His absentee rate is in red. The two thin black lines provide a context for understanding the significance of the absentee rate. The lower dotted line shows the median value for all Members of Congress in that time period. The upper dotted line shows the 90th percentile. A Member who approaches the upper dotted line is in the worst 10 percent of Congress.

he is on track to break his own shitty record as a career politician for 2011
missed votes 2011:
q1 missed 24% of votes
q2 missed 13% of congressional voting.


I wasn't aware of that.. I wonder why he's missing votes? He should not do that. That's stupid :(

MrMaxwell 07-16-2011 10:12 AM

Quote:

Originally Posted by amateurbfs (Post 18286335)
Can you guys even name any countries not using a fiat currency? The US Dollar will NEVER be backed by gold again as it SHOULD NOT BE.

Queuing retards..


I don't think that it should be backed by gold, either. I think it's too easy to manipulate the supply/price of gold. I think that our money should be backed with silver.

MrMaxwell 07-16-2011 10:17 AM

It is all a bunch of moot points, anyway. The three presidents who tried to stop the central banks were a$$assinated... one lived through the attempt. The banks have the control - NOT our government - paul simply wants to exercise the little power we DO have left... That is to spend within our means and STOP BORROWING MONEY on the behalf of AMERICANS and then stealing it all

And we all know that paul or anyone else like him will never have a chance, anyway.

The whole thing is over. Everyone is watching football and playing video games while being sold down the river. Those who do care are blinded by loyalty to one party or the other without realizing that it's the system in place that is important and NOT the "party". Fuck repubs Fuck dems fuck you all

This is/was a constitutional Republic and no that does not mean that I an a republican

iamtam 07-16-2011 10:38 AM

Quote:

Originally Posted by MrMaxwell (Post 18286369)
Agreed, he can't really get anyone to work with him, he wants to make government smaller and close the money hole. Truth always annoys people. He doesn't get in the way or ask pointless questions. He tries to get people thinking. I think him running repub was a great example of trying to get people to work with him. As he says, the repub party is nothing it was supposed to stand for and he was closer than anyone has been in many years.

I never have seen him get in the way of anything but more spending..

the truth doesnt annoy people. what annoys people is a guy who thinks he has all the answers and is no longer listening to anyone else. he talks down to everyone and that never works when you want to get things done with a group.

he could be the smartest man on the planet but without social skills he is doomed to be a tea bagger fave and nothing more.

dyna mo 07-16-2011 10:45 AM

Quote:

Originally Posted by MrMaxwell (Post 18286369)
As he says, the repub party is nothing it was supposed to stand for and he was closer than anyone has been in many years.

on the issues he deems are worthy of his vote, he has voted along repub line 75% of the time.

Emil 07-16-2011 10:53 AM

Ron Paul is great, I hope he will be the next president.

DaddyHalbucks 07-16-2011 11:00 AM

That was fun to watch Ron Paul grill Bernanke.

There is one Ron Paul. It makes him look like the village idiot sometimes, but actually, he is ahead of everyone else, he is the guy telling the naked King to put on his clothes. We need to clone Ron Paul.

The problem is that there are hundreds of Obamas in Congress and in other high government positions. There are huge numbers of progressives in our country who believe in big government, taxing, entitlements, social engineering, government spending, and redistribution. All of these Obamas are killing our country.

dyna mo 07-16-2011 11:11 AM

while ron paul has shown a proclivity to yap his trap about the sytem (big government) that he is a part of, can anyone point to one single actionable thing he has done (in the 24 years he has been a politician) to change the system he whines on about?

MrMaxwell 07-16-2011 12:20 PM

Quote:

Originally Posted by dyna mo (Post 18286454)
while ron paul has shown a proclivity to yap his trap about the sytem (big government) that he is a part of, can anyone point to one single actionable thing he has done (in the 24 years he has been a politician) to change the system he whines on about?

He voted against his own raise..

Houdini 07-16-2011 12:24 PM

What's funny is Bernanke is right. Gold, at least in the U.S. and most places around the world, is NOT money, it's an asset. Of course it has been used as money in the past, but it's not right now. If you don't believe me, go to the grocery store and pay with gold coins and see what happens.

Bernanke paused because the question was loaded. If he had said "yes," then Paul would have grilled him on why it's not backed, yada, yada, yada.

MrMaxwell 07-16-2011 12:27 PM

Quote:

Originally Posted by Houdini (Post 18286559)
What's funny is Bernanke is right. Gold, at least in the U.S. and most places around the world, is NOT money, it's an asset. Of course it has been used as money in the past, but it's not right now. If you don't believe me, go to the grocery store and pay with gold coins and see what happens.

Bernanke paused because the question was loaded. If he had said "yes," then Paul would have grilled him on why it's not backed, yada, yada, yada.


The government here in the states made it illegal to own gold, stole it all, and then it had huge huge gains against the dollar. They're looking at possibly doing it again, I think.

Don't they also want to make it illegal to use gold as currency in the states? Has that happened? I can't remember

Gold is money I don't care what our past 100 years may or may not say. Istorically, gold, it is money because it's universally accepted as valuable. Period.

Houdini 07-16-2011 12:37 PM

Quote:

Originally Posted by MrMaxwell (Post 18286564)
The government here in the states made it illegal to own gold, stole it all, and then it had huge huge gains against the dollar. They're looking at possibly doing it again, I think.

Don't they also want to make it illegal to use gold as currency in the states? Has that happened? I can't remember

Gold is money I don't care what our past 100 years may or may not say. Istorically, gold, it is money because it's universally accepted as valuable. Period.

I'm well aware of the history of Gold, and they're not going to make it illegal for a number of reasons, but more importantly because not a soul in this country would comply with it. It's unmarked, unregistered and only a fool would turn it in. But it's not money, it's an asset that has a monetary value. Just because something is universally accepted as valuable, doesn't make it money. Oil is universally accepted as valuable, think you can buy anything with a barrel of it? I own physical gold, I own physical silver, but I understand at the present time, they are both not money.

dyna mo 07-16-2011 01:06 PM

Quote:

Originally Posted by MrMaxwell (Post 18286550)
He voted against his own raise..

so what, he's worth 5-10 million$

either way, you are free to back whichever politicians you choose.

summary: reality is that he is a career politician who rakes in millions (including campaign contributions) all while whining and complaining about the system he has done nothing to change yet profits from.

bushwacker 07-16-2011 01:09 PM

Quote:

Originally Posted by dyna mo (Post 18286601)
so what, he's worth 5-10 million$

either way, you are free to back whichever politicians you choose.

summary: reality is that he is a career politician who rakes in millions (including campaign contributions) all while whining and complaining about the system he has done nothing to change yet profits from.





Shhhhhh don't burst anyones bubble. Ron Paul will change the world! :1orglaugh

CurrentlySober 07-16-2011 01:11 PM


The Demon 07-16-2011 02:01 PM

Quote:

Originally Posted by amateurbfs (Post 18286335)
Can you guys even name any countries not using a fiat currency? The US Dollar will NEVER be backed by gold again as it SHOULD NOT BE.

Queuing retards..

Remind me why it should not be? Remind me why having a sound monetary policy based on a fractional reserve commodity/precious metal system should not be implemented?

JFK 07-16-2011 03:08 PM

Quote:

Originally Posted by bushwacker (Post 18286607)
Shhhhhh don't burst anyones bubble. Ron Paul will change the world! :1orglaugh

Right ON:thumbsup:thumbsup

TheSquealer 07-16-2011 04:09 PM

Just proves further how idiotic Ron Paul is. "Is gold money" ? Not by any definition of the word "money". Can you buy a car with gold? A plane ticket? Your groceries? Clothes? Nope.

MetaMan 07-16-2011 04:19 PM

Quote:

Originally Posted by TheSquealer (Post 18286832)
Just proves further how idiotic Ron Paul is. "Is gold money" ? Not by any definition of the word "money". Can you buy a car with gold? A plane ticket? Your groceries? Clothes? Nope.

:1orglaugh

o god shut up. painful.

wehateporn 07-16-2011 04:20 PM

Quote:

Originally Posted by TheSquealer (Post 18286832)
Just proves further how idiotic Ron Paul is. "Is gold money" ? Not by any definition of the word "money". Can you buy a car with gold? A plane ticket? Your groceries? Clothes? Nope.

Ron Paul is certainly not idiotic; he's one of the most intelligent out there and knows the system very well

wehateporn 07-16-2011 04:28 PM

Ron Paul asked "Do you think gold is money?"

Sly 07-16-2011 04:29 PM

Quote:

Originally Posted by MrMaxwell (Post 18286564)
Gold is money I don't care what our past 100 years may or may not say. Istorically, gold, it is money because it's universally accepted as valuable. Period.

Universal value does not make something money. Money is a common medium that people can use to pay for and sell services/products.

Corn has universal value, wheat has universal value, rice, oil, and the list goes on and on.

Walk into a car dealership with a corn contract and see what they say. Walk in with a couple bars of gold and see what they say. They'll be stumped.

TheSquealer 07-16-2011 04:54 PM

Quote:

Originally Posted by wehateporn (Post 18286844)
Ron Paul is certainly not idiotic; he's one of the most intelligent out there and knows the system very well

Of course, thats why the only support he has is a bunch of fringe lunatics that support impossible and retarded political agendas that can never happen anymore than they can form the platform of a successful run for Presidency.

... and why no other politician has adopted any of his ideas in their platforms

He's clearly a genius.
:2 cents:

u-Bob 07-16-2011 04:55 PM

Quote:

Originally Posted by Houdini (Post 18286559)
What's funny is Bernanke is right. Gold, at least in the U.S. and most places around the world, is NOT money, it's an asset. Of course it has been used as money in the past, but it's not right now. If you don't believe me, go to the grocery store and pay with gold coins and see what happens.

I understand what you are trying to say, but I think you're mixing money, currency and legal tender all together.

Gold is a form of money. The USD is a currency. The USD is a form of money. The USD is legal tender.

Meaning: while gold is still a form of money, its use is being restricted not because it would somehow no longer be a form of money but because the government restricts the use of gold and forces people to use the USD through legal tender laws.


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