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Ron Paul: Danger Signal

Danger Signal

In response to yesterday's announcement from the Federal Reserve, Congressman Ron Paul issues the following statement:

"No one is surprised by the Fed's action today to inject even more money into the economy through additional asset purchases. The Fed's only solution for every problem is to print more money and provide more liquidity. Mr. Bernanke and Fed governors appear not to understand that our current economic malaise resulted directly because of the excessive credit the Fed already pumped into the system.

"For all of its vaunted policy tools, the Fed now finds itself repeating the same basic action over and over in an attempt to prime the economy with more debt and credit. But this latest decision to provide more quantitative easing will only prolong our economic stagnation, corrupt market signals, and encourage even more misallocation and malinvestment of resources. Rather than stimulating a real recovery by focusing on a strong dollar and market interest rates, the Fed's announcement today shows a disastrous detachment from reality on the part of our central bank. Any further quantitative easing from the Fed, in whatever form, will only make our next economic crash that much more serious."

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OMG - what is wrong with our fellow Americans?

I've got to take the few FRNs I have and buy some silver, since the fed won't give me silver for them.

i think the problem is that

i think the problem is that most people in america are so dumbed down that they have no clue this is even happening.

id guess that 3% of the people aware would be a generous guestimate.

TwelveOhOne's picture

Educate whenever you can

I like to add tiny comments to give listeners future direction for research. Whether they choose to or not, is up to them -- but I am finding it works better than beating people over the head with my awakening.

For instance, yesterday a coworker said the old quote, "possession is nine tenths of the law", and I immediately followed it up with, "Yeah, exactly -- so why would you give your money to a bank?" He chuckled, the conversation continued, and perhaps others in earshot wondered what I meant and will research on their own or query me about it later.

I've been mentioning fluoride poisoning the last couple times I visited my brother, and the last time my nephew (10) started asking me questions about it -- he's listening, he's absorbing knowledge like a sponge, it's really cool. I'm ready for one of my own. Education is a beautiful thing.

I love you. I'm sorry. Please forgive me. Thank you.
http://fija.org - Fully Informed Jury Association
http://jsjinc.net - Jin Shin Jyutsu (energy healing)

Greenspan did say...

I want an "orderly destruction of the dollar'. And everyone just rolled over and went back to sleep. The destruction of the dollar is out in the open and should be no surprise.

I'm bothered by the fact that

I'm bothered by the fact that Dr. Paul said "inject money" and "print money". I think it would have been more appropriate to say "inject currency" and "print currency".

Interesting. A comment over

Interesting. A comment over here with more or less the same gist has up-votes: http://www.dailypaul.com/254812/marc-faber-fed-will-destroy-.... I do wonder why that is.

We get it

Common, we're trying to sober up over hear with Ron's message...lol

For Freedom!
The World is my country, all mankind is my brethren, to do good is my religion.

More Than Meets the Eye

Ron Paul is right. The Federal Reserve has been doing the same song and dance for a century, and it has not worked. None of its predecessors in the First and Second Banks of the United States were able to succeed, either.

Perhaps that is because the stated goals of the Federal Reserve are not, in fact, its actual goals. As an agent of "stability" and promoter of "full employment," the Federal Reserve may be a miserable failure, but as a government-enforced banking cartel and legalized counterfeiter, it has been an astounding triumph.

"Yesterday we obeyed kings and bent our necks before emperors, but today we kneel only to truth." - Kahlil Gibran

It's time for the South to

It's time for the South to rise again!

Dr Paul is wrong

"Mr. Bernanke and Fed governors appear not to understand that our current economic malaise resulted directly because of the excessive credit the Fed already pumped into the system."

- Yes they do understand Dr. Paul! Don't be daft!

They must return a lot of gold back to is rightful owners very soon. So a gold standard is not a solution they can adapt. First the german supreme court votes in favor of new stimulus from ECB. Surpriiise lol

- A few days later the FED has to do something similar. The difference is all about words. They must keep the system going as they have run out of options. Prepare yourselves for the collapse of a millennium.

Exiting times indeed lmao.

Alice in Wonderland - It's an Illusion

Most people cannot tell the difference from reality and the illusion.

House prices stay up and people think they are richer, but they are living in the same house.
Stock portfolios go higher and people see an illusion they are richer.

Meanwhile the reality is the debt sheet of the Fed gets bigger and bigger

Most commodities jumped around +2% the past 24 hours, so the grocery bill will be higher. But people will be in denial....salaries will not go up...and the Fed will need to explain why unemployment remains high. The bogus government CPI was highest it has been in a long time...

one day the dollar will collapse

"This isn't what the govern meant"

"Win the crowd and you will win your freedom"

The USA should be much richer than it is

It should have been even wealthier than Switzerland, if you consider here is where the industrial revolution began, the discovery of electricity, the phone, the airplane, the car, the telegraph, etc. etc.

And, if you figure the GREED the original bankers had salivating all over this potential corporate money they could tap into, well, no wonder this all happened at JEKYL ISLAND during those infamous days.

We SHOULD HAVE BEEN MUCH, MUCH WEALTHIER. THAT is the SECRET the public doesn't understand! We should have no poverty here. Women would NEVER have had to work. Families would have remained more intact with fewer divorces...all this if only the unFEDERAL RESERVE had not been created.

Instead, the GREED on WALL STREET has never been thicker with people hanging from their balconies sipping their cocktails and sneering at the "commoners" below them. And, the Federal Reserve, where are they? Never have I seen such public display of brashness as I witnessed yesterday with Bernanke, as he strutted in front of the cameras standing next to a USA flag, with that smirky smile ready to unload unimaginable amounts of more money printed into his own pockets, the pockets of the mafia families who own the FED, and any other special interest corporations they own or are involved with, and special favors for others, including other elite rulers like even the Queen herself.

Indeed, the arrogance is really getting OBVIOUS..

And America used to build products the World wanted

Nice Message. Small add ons...

In the 1960's Ferrari used to trade one new Ferrari for two new Pontiac GTO's, because Mr. Ferrari just thought the car and it's image was "cool". Today Pontiac Motor Company doesn't even exist.

And many Americans think this is just a-ok. If fact GM loses 40-50K on each new Volt and needs a bailout to even exist, and most of them are bought by our own Govt.

And when the race for the Jet Airliners was on, America came to game with the Boeing 707, kicking the Brits, and building one seriously wonderful airplane, sold ALL OVER THE WORLD.

Where is our pride, sense of accomplishment ? Or even a good clean look at the reality of the situation. America needs a cold hard look at itself and say WHAT WENT WRONG, everytime it goes to PRINT money in a hope to gain some false wealth.

"This isn't what the govern meant"

"Win the crowd and you will win your freedom"

It's a religion that isn't

It's a religion that isn't Christianity. We also shouldn't be having that problem either.

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.

WRONG! Car was invented in

WRONG! Car was invented in Germany in 1885 by Mercedes. Industrial Revolution began in Britain and France in the 18th century. America didn't invent everything :P

Ford and the Assembly Line

America is responsible for the Assembly line production, and affordable cars. And the cabin pressurized Jet Airplane that really worked -> Boeing 707. It was a place of industry and prosperity.

The point is that false wealth by printing money is simply that false wealth, wealth by building great products people want to buy is indeed wealth and prosperity.

And clearly the FED has lost it's sense of reality.

"This isn't what the govern meant"

"Win the crowd and you will win your freedom"

ecorob's picture

i still got his point...

didn't you?;)

its 'cos I owe ya, my young friend...
Rockin' the FREE world in Tennessee since 1957!
9/11 Truth.

Yes, but he was historically

Yes, but he was historically inaccurate.

But the main point, that

But the main point, that technology should have made us all far richer then it has, and the bankers have been draining off the excess the whole time - remains.

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.

I agree. They have eliminated

I agree. They have eliminated entrepreunership in this country.

=cough=

he didn't say ALL cars =)

Garnet
Daughter of 1776 American Revolutionists

So you decided to make a

So you decided to make a pointless correction to stroke your own ego, right? You're so smart! Good job! You did it! Good boy!

Simple Facts and Plain Arguments
A common sense take on politics and current events.

www.simplefactsplainarguments.com

Actually I was wrong as well.

Actually I was wrong as well. The car's origin's can be trased back to 1769 with the first steam powered locomotive by a French inventor named Nicolas-Joseph Cugnot. In fact a proto-type was invented even 100 years earlier by the Chinese. So you can say the Chinese invented the car.

I just had to correct him.

I just had to correct him. The historical inaccuracy bothered me.

I don't understand how people

I don't understand how people like BB fail to understand the point Dr Paul is making.

In time BB and the fools that appointed him, and the greater fools who elect those fools, will find reality to be a much harsher teacher than Dr Paul.

fireant's picture

People in general (not BB cause he understands) are selfish,

thinking only in terms of immediate personal benefit, and simply don't care about longer term consequences. The politiCONs know this, and play those people like a fine fiddle.

Undo what Wilson did

BB knows EXACTLY what he's doing, come on!

Anybody who thinks he doesn't know what he's doing is naive. BB and his criminal owners of the FED want to print money to benefit themselves and other companies that they have an interest in. The Rockefeller family has a huge interest in ExxonMobil, for example.

These people have been pumped up to a GOD-like status by the Media which they own or influence, take your pick.

It is MORALLY WRONG for the Central Banks to "act" as an INVESTMENT BANK, taking our money, inflating our currency, so that they can put it wherever they want to---as in the stock market---never telling the public what exactly they are doing with the money either, nor to whom else they are "giving" it to, as in Goldman Sachs to front-run money for THEM through the markets.

The Central Bank was never supposed to do anything but protect our currency. At least, that's what they said. THey are no different than lying politicians. Instead, they have manipulated markets & paid off politicians, so they could elevate themselves to the most sophisticated gang of thieves in the history of the world, amassing so much wealth and power at our expense that it is almost hard to believe!

I know people who live this way

Spending way more than they earn.

Lavish parties on credit.

Clothes they never wear.

Cars, phones, computers.

Borrowing from one credit card to pay another.

Pawning stuff to pay the electric bill.

Would the President live like this?

Why does he run the country this way?

Concur.

.