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NOW 10:00 a.m. 2/27:Ben Bernanke, Federal Reserve System Chairman, testifies

Submitted by eaglewings on Wed, 02/27/2008 - 08:32
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before the House Financial Services Committee at 10:00 a.m. ET on C-SPAN.org and probably on CNBC.

Remember the YouTube of Ron Paul grilling Bernanke last time? That was from CNBC--the one that showed the currency floor traders cheering for Ron Paul when he talked about the dollar.

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HIGH???

Submitted by PerkiDe on Wed, 02/27/2008 - 14:12.

Is Bernanke high?? He sure looks like it..lol You probably would have to be high to know what he knows..lol

The Truth will be known to all... for goodness sakes Ron was talking about this stuff in 88 and it seems like alot of people have abandoned him because of what Im not sure... He is very smart and Ron has been telling people for along time about all this stuff, I really hope everyone wakes up before its too late. I believe, we the people, have one more shot to get him into the White House lets not mess this up, It appears we can't depend much on his campaign staff so the grassroots will have to continue this campaign with full force! ITs ok, his message is still the same. Lets do this!! FULL FORCE!! :)

2nd

Submitted by radiofriendly on Wed, 02/27/2008 - 13:44.

http://www.youtube.com/watch?v=RbG2xTYJ5Z8

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YOUTUBE VIDEOS ARE HERE!

Submitted by radiofriendly on Wed, 02/27/2008 - 13:38.

http://www.libertymaven.com/2008/02/27/ron-paul-takes-on-ben...

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We don't believe you anymore...

Submitted by WRellim on Wed, 02/27/2008 - 19:37.

GO AWAY.

Crazy Crazy Crazy

Submitted by racertim23 on Wed, 02/27/2008 - 13:16.

So as I watch ol' Ben jabber about we already know, and or what we know and he is not telling the uneducated public, I am watching the DOW go up. This is just crazy! Are party goers on the bus so intoxicated that they dont realize the driver is blind.

When this bus ride crashes, Dr. Paul will ride by on his bicycle ringing his bell saying "I told you so" on his way to meet the new owners of this country.

Big goverment feels so good, NOT!

Yes... but

Submitted by WRellim on Wed, 02/27/2008 - 13:41.

People find it very easy to "forgive" someone who was wrong, and while they SHOULD like and listen to people who were RIGHT...

Sadly, this is not true. The VAST majority of people will refuse to "forgive" much less follow someone who was RIGHT when everyone else was wrong.

The sad truth is that not only do "sheeple' DISLIKE the person who was RIGHT when they were wrong, but they will actively HATE, ADJURE and even try to LYNCH the person that was right.

Once you understand this, you begin to understand how and why so many "intelligent" people simply follow the herd, even when they KNOW the herd is headed off the proverbial cliff. (I think somehow they think they can "dive" out of the herd at the last minute).

It is stupid. It is illogical. But it is also very true.

market's up because banks are up because

Submitted by eaglewings on Wed, 02/27/2008 - 13:19.

removal of caps. Not sure what exactly the caps are, but that part of the news today moved big bank and maybe some housing securities up.

Dollar is in the tank, though.

Market is UP

Submitted by evolution2008 on Wed, 02/27/2008 - 13:27.

it has been up all month, up 450 points last 4 days!

It is a scramble to sell paper and buy real assets. Companies are real, and a weaker dollar will just improve their profits as they get more inflation adjusted numbers. Look at IBM. IBM has 30 cents improvement due to exchange rates.

Wall street loves a cheap dollar as money is cheap. cheap cheap.

Mexico stock market doubled when Peso collapsed.
Argentina stock market quadrupled when peso collapsed

A company is real is the though and earnings will adjust UP in inflation.
It is the consumer that pays. Rich get richer, middle class gets wiped out.

CNBC: They were Cheering in Chicago

Submitted by JohnGalt300 on Wed, 02/27/2008 - 13:11.

Fortune Favors the Bold

A commentator said they were cheering in Chicago when Ron Paul came on, for "telling it like it is."

Of course the host was dismissive.

—

Fortune Favors the Bold

I really hope that whoever might do a YouTube

Submitted by eaglewings on Wed, 02/27/2008 - 13:15.

of RP and Bernanke today can catch that, too. It was 1:06 pm on CNBC 2/27.

CBOT Cheered when Dr. Paul spoke

Submitted by evolution2008 on Wed, 02/27/2008 - 13:09.

..that it is silly not to worry about the dollar when looking at inflation.

Rates going UP not down due to inflation:
Inflation UP due to Weak dollar:
Weak dollar is the cause of problems and destroys aggregate demand.

CBOT inflation Hawks like Ron Paul, cheered when he spoke

?

Submitted by radiofriendly on Wed, 02/27/2008 - 12:59.

http://www.cnbc.com/id/15840232?video=666233060

http://www.cnbc.com/id/15840232?video=666233060&play=1

suppose to be a clip from msnbc...but I can't get them to work...?

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Security Alert

Submitted by healthnut4freedom on Wed, 02/27/2008 - 13:26.

For some reason my computer (in Firefox and Explorer) says that my security settings won't allow me to open this movie.
Does anyone know how I can change this?

Healthnuttie for Ron Paul

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The lip of truth shall be established forever: but a lying tongue is but for a moment...Lying lips are abomination to the LORD: but they that deal truly are His delight. Prov 12:19,22

Thanks!

Submitted by DC on Wed, 02/27/2008 - 13:21.

Thanks!

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GREAT QUESTION ABOUT SOVEREIGN WEALTH FUNDS

Submitted by JohnGalt300 on Wed, 02/27/2008 - 12:43.

Fortune Favors the Bold

What are their motives?

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Fortune Favors the Bold

LINK

Submitted by radiofriendly on Wed, 02/27/2008 - 12:41.

http://www.cspan.org/watch/cs_cspan_org.asp?Cat=TV&Code=CSO

if that doesn't work:
http://www.youtube.com/watch?v=eBGIQ7ZuuiU

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omg, i just

Submitted by MrVanlom on Wed, 02/27/2008 - 14:26.

got rick rolled. >.<

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I was Rick Rolled

Submitted by basillica6 on Wed, 02/27/2008 - 12:46.

Ha

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Rick Rolled

Submitted by AntiochOG on Wed, 02/27/2008 - 12:43.

I halfway expected that.

What a spin!

Submitted by none on Wed, 02/27/2008 - 12:41.

benochio just said that it doesn't matter what currency OPEC prices it's oil in kids.... (so long as it's sold in fed reserve notes)

Good catch

Submitted by Gil on Wed, 02/27/2008 - 12:44.

I thought maybe he was delusional. I should have known that sneaky little shit would use some weasel word spin tactic.

You have to be a word class spinmaster

Submitted by none on Wed, 02/27/2008 - 12:54.

To be in the hotseat! benochio even said it with a straight face.

I just keep getting visions of Martin Short's SNL character on their parody of Wheel of Fortune.... "Spin wheel SPIN!!!"

This is interesting

Submitted by Gil on Wed, 02/27/2008 - 12:42.

Currency denomination of oil...

Bernanke says that if oil was sold in another currency, it would not have any substantial affect on the US economy. Really now?

And now we know why Greenspan

Submitted by Susan on Wed, 02/27/2008 - 12:46.

is talking to the Gulf States about getting out of USD. After years of wars for dollar hegemony we have come to the determination that it won't hurt us a bit if the world goes off dollars for oil.

Waiting patienly...

Submitted by AntiochOG on Wed, 02/27/2008 - 12:34.

...for someone to post this on you tube. Well as patiently as I can.

Ron Paul vs Bernake

Submitted by evolution2008 on Wed, 02/27/2008 - 12:29.

The members are perplexed why long rates have gone up while Bernie has lowered rates by 125 points.

Dr. Paul talked about that Bernie has pumped up the money supply and caused inflation. He also said that this caused the lower value of the dollar. I am surprised that he did not close the argument that that while Bernie has helped the Banks by widening the spread between what the money costs and what the lend at it has destroyed the purchasing power of common people by raising costs of energy and food, while also lowering savings rates.

And that higher inflation has made investors demand Higher, not lower rates by the long term market defeating the purpose and harming the long term effects that Bernie is doing.

I don't think most of the Congresspersons

Submitted by Susan on Wed, 02/27/2008 - 12:37.

in the room understand that.....it's an "inconvenient truth"

Does RP get another at bat or is that it for two days?

Submitted by Susan on Wed, 02/27/2008 - 12:18.

PS CPI is such a joke Ben and oil is gonna rise

That's probably all

Submitted by eaglewings on Wed, 02/27/2008 - 12:30.

He had more time to question, but seemed to have said all he had to say for now.

Ben says

Submitted by Gil on Wed, 02/27/2008 - 12:16.

It's up to the Congress to restore sound money. But the banksters don't want sound money. If the Fed is so impotent, let's get rid of it! Go Ron!