49 votes

Rep. Pearce to Bernanke "They understand the creation of money out of thin air depreciates what they have"

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I got Goosebumps

The Message of Ron Paul has reached the people. They are aware of QE. They are aware of inflation. And they dont like it.

This guy has a direct link to the people and he is relaying that message fantastically

True as can be

I downloaded the video and I will remember the name Rep. Pearce from NM. Thanks for posting.

People wonder why the inflation hasn't begun big time.

Well, I have a friend that was trying to convince me to vote Romney...not based on his ideas or programs, but because there was "a ton of cash sitting on the sidelines" waiting to be invested. But the people holding it are holding it until they see what they perceive as someone good for the economy.

My point to this subject matter is that once that money starts flying, look out...inflation will be out of control.

And

Whyen inflation goes out of control the bond bubble will burst. Whn that happens borrowing costs rise, real estate gets hit again (at least in real terms) businesses don't expand, and profit margins fall. Basically when that money starts circulating things will seme ganagbuster for a year or so, and then the hammer drops. When everyone you know says stocks are the place to be again because the DOW just hit 18,000 then go to cash, and start looking for the short.

Josh Brueggen
Engineer
Entrepreneur
Gardener
Jack of all Trades
Precinct Commiteeman Precinct 5 Rock Island Co Illinois

Thanks for posting this

Thanks for posting this timely proceeding. It is obvious that this man KNOWS, and so do many others in his district. By the way, Walmart's
cooked meals, just rose from $3.50 to $3.88 (OVER 10%) in one day...

$3.88? That sucks, I like

$3.88? That sucks, I like their chicken!

SteveMT's picture

Bernanke stepped in some this time. Rep. Pearce is pissed-off.

Pearce to Bernanke: So I think that at some point it would be nice for you to get out among the people that have manure on the bottom of their boots like we do in NM.

I don't think Bernanke could even find NM on a map.

Cyril's picture

BUMP !

BUMP !

When EVEN comfy cozy baby boomer politicians - DECADES LATE after our good Dr. Ron Paul - start their turn waking up to the century old world wide Ponzi scheme...

... YOU KNOW that something is going on.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

...

There’s a saying in Russia now: the more economists out there, the worse gets the economic crisis.

donvino

Cyril's picture

More than just a saying. A true statement.

More than just a saying.

A true statement.

MOST REGRETTABLY.

"Cyril" pronounced "see real". I code stuff.

http://Laissez-Faire.Me/Liberty

"To study and not think is a waste. To think and not study is dangerous." -- Confucius

Thanks, Ben!

Seeing you squirm when faced with the TRUTH makes me giddy with laughter!

Phxarcher87's picture

The walls are falling

in time these bankers will pay for their crimes like the Germans in ww2.

"Whenever you find yourself on the side of the majority, it is time to pause and reflect" - Mark Twain

Is this on the Front Page yet?

+1 BIG BUMP. Thanks for sharing!

"We are not human beings having a spiritual experience; we are spiritual beings having a human experience"—Pierre Teilhard de Chardin

It is information like this that brings me back time and again

To the Daily Paul. Thank you to the person who posted this informative video.

S*** for brains

The Bernank has manure in his head, not on his boots.

Michael Nystrom's picture

Bump for playing the elderly card

"Inflation is hurting our seniors!"

That's right. That's how you do it. That should get their attention. There are a lot of elderly people, and man do they vote!

Politics: You have to know where the pressure points are, then get out your hammer, and POUND! POUND! POUND at the weak spot until something breaks.

Man do they vote... according to their TV's!

Sorry for the cynicism but seniors vote inline with how the lamestream media tells them. Personally I don't see them ever exposing the Fed like they should.

If men are good, you don't need government; if men are evil or ambivalent, you don't dare have one.

I must

point out that voting leverage is a moot point, as any study of the last few elections will reveal. There is no threat to the real interests who control policy development by votes lost and gained, it is all a charade for public appeasement.

It amazes me how people on here still discuss the notion of effecting change through voting after all that has happened. What we really need is for people to be awakened to the point where they demand accountability and justice, not to vote one way or another.

Freedom is a byproduct of acceptance - judge not.

Excuse me, but, who do you think

the people are that make up this revolution? Dr. Paul is 76 years old. Is he one of the seniors that "vote inline" with the msm? Look at the videos of Dr. Paul's speeches. You will see a mix of young and old. You are so blessed to have the modern technology to research and evaluate information. We had 30 minutes of Cronkite and "that's the way it was". Can you imagine what it would be like to wake up at 55 or 60 and find out that it was all a calculated lie? Now, not only do we have the task of trying re-educate our own children but to make sure our grandchildren know the truth. We are getting next to zero interest on our savings, our home values were cut in half, and the thought of retiring is a joke. I ask you to please stop sounding so smug.

I'm sorry, I didn't mean to offend anyone

Of course I recognize and highly respect the seniors within the liberty movement. Please accept my sincere apology as I'm only speaking in the general sense.

I am in no manner trying to suggest the majority of younger generations who get their information from the internet, as opposed to the majority of seniors who get their information from traditional media (i.e. TV, radio & print media) are any better or smarter. That's not it at all.

My comments were born from a strong regard for seniors and utter disgust with our government and the lamestream media that lies to them and hides the truth. I'm very upset that I've been forced into this information war that preys on the elders in my life who I deeply love the most. It pains me to no end when I see them vote in a manner that unknowingly does them harm at a time when they deserve the best years of their life. In a sense my comments are a reflection of the despondency of my own failure to protect the ones I love.

If men are good, you don't need government; if men are evil or ambivalent, you don't dare have one.

Apology

accepted.

Fair enough

As the half with private pensions, mostly invested, get wiped out the dynamics may change.

What I was really looking for was Bachmans questioning

She laid it on the bearded one pretty good I thought. And yeah, dude certainly was using the elderly BUT, the more times that Bernanke hears that people are waking up to the scam...the more uncomfortable he has got to feel. I just wish someone would be honest and tell him to his face that the FED is nothing more than a banking cartel that has stolen the wealth of several generations.

END THE FED!

Bump for the Land of Enchantment

thanks for posting

This man

is taking a STAND for his constituents. He impressed me greatly in this video! WOW

i

still gotta admit ron paul is the man :) but kudos to this guy for standing up!

Albert Camus — 'The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion.'

absolutely!

I have little knowledge of this guy's positions on any other issue. I'm glad to see pressure coming from Congress. Perhaps with a few marches, more congressmen and women will follow their lead.