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WSJ: Ron Paul Breakfasts With Bernanke at Central Bank

Republican presidential hopeful Rep. Ron Paul certainly wants to end the Federal Reserve. But he also has to eat breakfast.

One day after chairing a hearing on proposals to abolish or overhaul the central bank, the Texan congressman sat down for the first meal of the day Wednesday with Federal Reserve Chairman Ben Bernanke, the lawmaker confirmed in a brief interview at the Capitol. The decision to meet for breakfast at the Fed was “mutual,” said Mr. Paul, who last year introduced a bill to eliminate the central bank.

The Fed chief and lawmaker had “sort of an open discussion,” Mr. Paul said, while declining to provide any details of the conversation. “It was off the record,” he said. The Fed declined to comment on the meeting.

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http://blogs.wsj.com/washwire/2012/05/09/fed-foe-ron-paul-br...



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The worm has turned: I'm not making this up

Just check the tenor - they're waking up and Ron Paul has the 'mo.' Switch flipped. And, Romney looks like second choice to a felon (ineffectual, assumptive, unpopular 'Prince' of statism or Obamney). Obama looks like a panderering Promiser-in-Chief in social media riding unicorns with rainbows - even on Progressive profiles:
Can you feel it!? I do. It's time to prepare for the offense strategy from former defense - warm the running backs, fire up those arms, sticky up our catching hands wake up our kickers. Are you ready?

A Ron Paul Revolution is Brewing
http://www.politico.com/news/stories/0512/76125.html

Ron Paul campaign: Will his delegates influence Republican National Convention?
http://www.washingtonpost.com/politics/ron-pauls-campaign-wi...

Election 2012: How Ron Paul Plans to Get What He Really Wants
http://www.marketoracle.co.uk/Article34593.html

Ron Paul Rejects Convention Chaos
http://abcnews.go.com/m/blogEntry?id=16312686

Ron Paul's Backers Rising Power Upsets Iowa GOP
http://www.newsmax.com/Politics/ron-paul-backers-power/2012/...

Why can't Romney win delegates like Ron Paul?
http://communities.washingtontimes.com/neighborhood/reawaken...

Ron Paul's Revolution Isn't Over Yet
http://www.deathandtaxesmag.com/182967/ron-pauls-revolution-...

Ron Paul: My Appeal Goes Beyond the GOP
http://www.usnews.com/news/blogs/Ken-Walshs-Washington/2012/...

The nation needs Paul to be president
http://m.lvsun.com/news/2012/may/10/nation-needs-paul-be-pre...

Ron Paul Keeps Up Push For GOP Delegates: Candidate Says Delegates Are For Agenda, Not Convention Speech
http://www.kjct8.com/politics/31036043/detail.html

Iowa GOP donations fall; Paul activists blamed
http://www.desmoinesregister.com/article/20120510/NEWS09/305...

FYI - I've heard this saying

FYI - I've heard this saying before - the worm has turned, but looked up the origin of it awhile ago - don't think most people are aware of it's origin. Anyone care to take a guess or stab at it?

And for the support of this Declaration, with a firm reliance on the protection of Divine Providence, we mutually pledge to each other our lives, our fortunes and our sacred honor.

Would you like more butter on your pancakes congressman Paul?

"No Ben, the rest of us no longer can afford butter."

great, talking is good. It's

great, talking is good.
It's like on foreign policy...

________________________________________
my Ron Paul video collection:

www.youtube.com/austria4ronpaul
(4 years RP, over 2300 videos)

YIKES!

Well, I suppose Dr. Paul understands the concept of true hospitality.

Diplomacy is one of his gifts.

it's hard to be awake; it's easier to dream--

RP offered the red pill or the blue

Its big in my view that RP dines with the head redsheild bankgangster puppet. Would be nice to know what they are talking about.

sovereign

Oh God!

Please don't eat anythig Dr. Paul!

I was thinking the same thing

Did he eat anything or drink anything. If he did look for his mental capacity or health to deteriorate soon. These people don't use bullets any more.

haha....

Bernanke: Could you please pass the butter.... and guns.

"sometimes I hug the coffee table when no one is looking."

Floydius's picture

I'll bet that

just for a moment... Bernanke's oatmeal tasted like liberty.

.

.

It will be interesting

to see what the P.M. market does today.

Ron Paul Was Right

WORLD CURRENCY LOOMS...

...Be very, very, careful.

Even Ron Paul may not get in the way of this.

Abolishing the Fed may be a precursor.

YES, WE NEED TO ABOLISH THE FED, but we need to be very, very wise as to what the real agenda may be behind that, IF it occurs.

"Truth is an absolute defense to the charge of paranoia."

I believe one thing as important as ending the FED is

the introduction of an alternative currency.

There are too many people depending on the FED. Let them enjoy its "benefits." Even Ron Paul is not for the immediate ending of the FED. Based on what I've read and heard, RP wants the alternative currency more than ending of the FED. The FED will end itself eventually.

This whole financial system is becoming more fragile by the day. When the dollar implodes and is eventually no longer the reserve currency of the world, the UN and other "elite" groups will have a chance to introduce another world currency. Having an alternative will allow us to push back and remain independent and free.

A world currency that is run 'from the top down'

from the elites to us would not benefit anyone but the elites. In fact, it could be the first step in the attempted total takeover of the economic system...No one could buy or sell...with out the name of the Beast or the number of his name.

Ending the Fed and other nations systems may well be the first big step to get the IMF in control of everything monetary. My presumption is that Ron Paul, ever the idealist, would approve of a grass-roots worldwide move to a single standard, (as described below) but obviously not in favor of an 'elite run' currency.

"Hence, naturally enough, my symbol for Hell is something like the bureaucracy of a police state or the office of a thoroughly nasty business concern." ~~C.S. Lewis
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15
http://www.da

This bothers me a little bit but I keep hoping for the best...

Yesterday I came across a statement at paul.house.gov from 2001 that actually shocked the $hit out of me (link below)RP said, "There's nothing to fear from globalism, free trade and a single worldwide currency.... The effort in recent decades to unify government surveillance over all world trade and international financial transactions through the UN, IMF, World Bank, WTO, ICC, the OECD, and the Bank of International Settlements can never substitute for a peaceful world based on true free trade, freedom of movement, a single but sound market currency, and voluntary contracts with private property rights.... The ultimate solution will only come with the rejection of fiat money worldwide, and a restoration of commodity money. Commodity money if voluntarily and universally accepted could give us a single world currency requiring no money managers, no manipulators orchestrating a man-made business cycle with rampant price inflation." -- Ron Paul, Congressional Record, March 13, 2001

http://paul.house.gov/index.php?option=com_content&task=view...

Would it be a problem?

Competing currencies would tend to settle on a single option (or at least very few options) that satisfy the requirements for sound money in the most efficient way possible given the materials available. As long as said world currency wasn't legislated (monopolized) or controlled (central banks), I'd think such an outcome would really be pretty good as long as we arrived there voluntarily, and could introduce new competitive options if the need arose.

I want a world currency

Gold.

Wait a minute....

No you don't. You want nations to base their currencies on gold. There is a HUGE difference.

"Truth is an absolute defense to the charge of paranoia."

Not me.

I don't want to have to trust the federal government to actually have the amount of gold they say they have, or trust them to limit themselves to printing the amount of paper they say they've printed, or trust them to not change their mind about redeeming paper currency for gold, or trust them to not get some stupid idea in their head (like they need to "temporarily" expand the money supply to deal with some crisis or another, or so they can "afford" another war). Nor do I need them tracking my every transaction (which is where we are headed -- the existing $10K reporting requirement corresponds to less and less wealth every day). I want my savings to be in actual hard assets, not government-issued currency, and I want to be able to easily/efficiently move between those hard assets (at least gold if the market picks gold and gold-backed currencies as standard) and whatever is convenient for day-to-day spending.

Nations don't really need to have national currencies. And if they do have national currencies, they should not be fiat (made legal tender for all debts via legal decree) or be given unfair advantage over other currencies (taxes/prohibitions). And if use of their currencies is not coerced (and never will be again), then I don't care very much what they back them with -- or if they are backed with anything at all -- because I do not need to save in them and am not punished for saving in something else.

Oh to be a fly on the wall of that sit-down.

Can't even begin to imagine what was discussed.

"If this mischievous financial policy [greenbacks], which has its origin in North America, should become endurated down to a fixture, then that government will furnish its own money without cost. It will pay off its debts and be without debts. It will hav

Ben: "The eggs sure are runny today..." Ron: "Like your QE, Ben"

Ben: "The eggs sure are runny today..., huh Ron?"

Ron: "Uh huh. Kind of like your QE policy, Ben."

Ben: "Heh! Heh. Ahem."

"Cowards & idiots can come along for the ride but they gotta sit in the back seat!"

Maybe dismantling the Fed and

turning that building on Constitution Avenue into something useful like a beauty parlor :^)

Keep Your Friends Close...

and your enemies even closer!!!

Panama expats support Ron Paul

Indeed!

Indeed!

"Air is the very substance of our freedom, the substance of superhuman joy....aerial joy is freedom."--Gaston Bachelard--

Our man is brave

These criminals are no joke.

I wonder if Ron Paul switched

I wonder if Ron Paul switched plates before eating just in case they tried to "McFadden" him.

McFadden's Attempts to Abolish the Federal Reserve System
In language that suited the 1930s but is also prophetic of our own disjointed times, McFadden summarized his outrage by saying:

“Are you going to let these thieves get off scot free? Is there one law for the looter who drives up to the door of the United States Treasury in his limousine and another for the United States Veterans who are sleeping on the floor of a dilapidated house on the outskirts of Washington?”

McFadden may have paid with his life for his outspokenness. After he lost his congressional seat in 1934, he remained in the public eye as a vigorous opponent of the financial system; that is, until his sudden death on October 3, 1936, of a “dose” of “intestinal flue” after attending a banquet in New York City.

Reporting his death in its October 14 issue, Pelley's Weekly stated that it had “became known among his intimates that he had suffered two [previous] attacks against his life. The first attack came in the form of two revolver shots fired at him from ambush as he was alighting from a cab in front of one of the Capital hotels. Fortunately both shots missed him, the bullets burying themselves in the structure of the cab.”

Next, 'He became violently ill after partaking of food at a political banquet at Washington. His life was only saved from what was subsequently announced as a poisoning by the presence of a physician friend at the banquet, who at once procured a stomach pump and subjected the congressman to emergency treatment.'

Evidently the third time the assassins succeeded, and the most articulate critic of the Federal Reserve and the financiers' control of the nation was dead. He was 60 years old.
http://www.marketoracle.co.uk/Article5556.html

Reminds me of the scene from "The Princess Bride"....

http://www.youtube.com/watch?v=9s0UURBihH8

"sometimes I hug the coffee table when no one is looking."

LOVE it when Dr. Paul go mischievous for a nanosec!

Love the end of the article:

So did Wednesday’s meeting overturn any deep-set beliefs?

“He’s for the gold standard now,” joked Mr. Paul.

LOLOLOL!!!!

One more reason to love the Doc, aside from a gazillion other 'golden' reasons.D

He's always got the best one-liners!

Predictions in due Time...
http://www.youtube.com/watch?v=zGDisyWkIBM

"Let it not be said that no one cared, that no one objected once it's realized that our liberties and wealth are in jeopardy." - Dr. Ronald Ernest Paul

I wonder

if some forward planning might be going on to try to hammer out a realistic Republican policy re the Fed if Romney and Paul have to start looking for some common ground down the track at Tampa?

DespairingAussie