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Ron Paul on Fox Business News
Posted May 14th, 2008 by freedom1776
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http://www.dailypaul.com/...
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Wow!
In God We Trust!
What a well of information this man Ron Paul is!
His answers are always from his head and heart and backed with facts!
Integrity, honesty, morality, love, kindness and on and on, this man is the best Presidential candidate in over 200 years!
He will be our BEST President ever in such a time of need as never before!
Praise God!
Marilyn in Lake Jackson Off
Marilyn in Lake Jackson
Off Subject: the OAL STRAWPOLL is dropping from yesterday - down to 37% for Ron Paul today. If you haven't voted this week, please do so. It starts over each Monday afternoon. Let's get Dr. Paul ahead of McC--.
Google, then type in aol strawpoll, click on Political Machine. Their website won't post here, for some reason. Thanks.
I always have to laugh...
when they try to portray us as "kooks." Continuing down the same path is what is crazy. Every time I hear the kook comment, it makes me think of one of my favorite songs by one of my favorite artists-Seal: "no we're never gonna survive unless we get a little crazy." I guess I'm "a little crazy" for freedom and small gov't, and TRUE conservative values in the Republican party (of which I have belonged to for the past 23 years).
It all comes down to make believe,
the great pretenders, the illusion of prosperity built on debt. Peace
Here's another concern my
Here's another concern my father-in-law has. Your comments are obviously welcomed & encouraged:
Over the past 8 years, the average American's real income has slightly declined, while the percent of income earned by the very wealthy has greatly increased. Some of the highest wage earners have been hedge fund managers. Despite yearly earnings of multimillions or even billions of dollars, they pay federal taxes of only 15%. This is because their earnings that are mostly based on 20% of the profit that they earn for their clients are considered capital gains, even though none of their own capital is at risk. Only the money of their clients is at risk. The 20% is really like a bonus for good performance at work. Everyone else's bonus in the work force is taxed as ordinary income.
Instead of raising the tax rate on capital gains as some have advocated, we need to clarify the tax code to indicate that this income is not capital gains but ordinary income. The extra tax revenue to the government could help reduce a portion of the country's deficit and/or possibly reduce income taxes for average wage earners.
Kent Skates
Birmingham, AL
Just the opposite I would recommend
That's a perverse recommendation by your pops-in-law to want the feds to steal more income from the hedge fund managers.
Why not just make some corresponding tax break for normal workers that levels the playing field more?
Or why not just abolish taxes on income and capital gains?
I sent this link to my
I sent this link to my father-in-law who knows a lot about economic policy & likes a lot of what Dr. Paul has to say, he thinks he definately is the best candidate for President -- this is his .02 cents & I was wondering about everyone's comments:
"Hi Kent, this time I just listened to the first few minutes. He unfortunately does not understand the history of bubbles going back centuries before there were any "Feds". The Fed also made deep mistakes during the depression that deepened and lengthened the depression, some of the very things that he is advocating now, unfortunately. There are good books about past bubbles. There are ways to lessen them and Fed policy can help. They blew it to some extent this time. If we go into a depression in the next few years then perhaps Paul is right, but if not, then the Fed did ok. Tom"
Kent Skates
Birmingham, AL
These were not deep mistakes
In 1921-1929 the Fed increased money supply 62% fueling the period called the roaring twenties. There was a new loan where an investor only needed to put down 10% on the value of a stock with the remaining 90% being loaned from a broker. These loans could be called in at any time and had to be paid within 24 hours, know as a margin call. The mass calling in of these loans resulting in black Thursday.
Instead of expanding the money supply the Fed contracted it, thereby causing the Great Depression. This allowed central bankers to buy up rival banks and whole corporations at a deep discount.
Under the pretense of helping to end the great Depression came the 1933 gold seizure whereby private ownership of gold was outlawed.
This was a calculated raping of the American people. Does any of this sound at all familiar ??
Your father in law is recommending gov't intervention?
Give him a swift kick in the ass for me!
But seriously, he is implying the old Keynesian myth that the free-market capitalism has some defect that makes it inherently unstable.
Don't let him off the hook--the bubbles in the past (pre-Fed) were cause by government intervention.
I think
your father-in-law is ready to stop talking about how brilliant Dr. Paul is and wants to hang his hope on the economy not crashing. The feds can stop it, slow it down, reverse it. It is up to them. They see the big huge picture. Only they know their agenda and time schedule. But it sure looks to me as if anything they do is temperary for whatever reason they have and in the long run, they will crash the dollar and go Amero. They are behind schedule for the NAU by 7 years. Europe is also giving them trouble. We have to keep them on the skids.
Is your father-in-law an attorney? It sounds as if he cannot come to terms with someone being smarter than he is. Or else, he cannot come to terms with "you thinking" that someone might be smarter than he is. I think he is after your clear respect. He is working to impress you. He likes you going to him for advice and doesn't want a roll reversal.
I disagree there. All the
I disagree there. All the Fed can do at this point is slow things down. They can't stop the coming correction, nor can they "reverse" it. The longer they hold this up by inflating the currency, the worse the situation gets, and eventually it will collapse. As Dr. Paul says, the market is more powerful than those who manipulate it.
Oh, I agree with you
I didn't make myself clear. What I was trying to say is that they are in control of what is going on and have caused it to happen because this is what they want. The way they can slow it down and reverse it is the same way Dr. Paul would-painfully.
When was the last time FAUX
When was the last time FAUX allowed such an in depth interview. That was fabulous! To hear RP say FRAUD, FRAUD, FRAUD was great. I'll bet a nickle that FAUX has him on more in hopes of some sort of unity in the Republican Party. Just my .02c
Rock
and Roll !!!!
I hope I'm that sharp in 30 years!
Thanks for posting this.
OMG!!!!!!
~peace
I almost cried after i saw this! i am SO proud of RON PAUL and the way he stood up for what the republican party is supposed to stand for! i also liked how he mentioned that J> McSlain does NOT! LOL this was a perfect interview!!
Anyone...
with even a single functioning braincell who watched that HAS to understand the pure logic of Dr. Paul and vote for him.
Great discussion.
That's the problem.
"even a single functioning braincell"
They function for life, but not free thought any longer. It's a sad world and it is going to get worse. I'm glad Ron Paul came and brought like-minded THINKERS together to at least attempt to slow down or stop this madness.
at last they're fighting him!
That was the best interview I have seen from him. The guy challenged him on monetary policy and he came out of it brilliantly.
First they ignore you,
then they ridicule you,
then they fight you, <--------------- YOU ARE HERE
then you win.
Mahatma Gandhi.
Well said!
Dr. Paul cured my apathy
This discussion is over the heads
of 95% of americans, but nevertheless, Ron Paul comes across as the expert on monetary policy and gave an outstanding interview. He did make it clear that the 'chickens are coming home to roost', and that the trickery of the Fed in the past is now causing our economic problems.
Interviews like this slowly but surely dispel the fallacy that RP is a kook. If only the MSM would have given more opportunity for these in the last year...
--------
We don't know how to mind our own business
'Cause the whole worlds got to be just like us
Now we are fighting a war over there
No matter who's the winner
We can't pay the cost
-Steppenwolf 1969
Totally agree
The majority of this is over the heads of most people. As for those who might understand portions of it, they are so indoctrinated in the virtues of "easy credit" and a "lender of last resort" that Dr. Paul's arguments are ignored. Something tells me the interviewer is one of the latter party.
The term KOOK - Keepers Of Obscure Knowledge
Keepers Of Obscure Knowledge. Ron Paul is a KOOK!
ob·scure
Function:
adjective
Etymology: Middle English, from Anglo-French oscur, obscur, from Latin obscurus
Date: 15th century
1 a: dark, dim b: shrouded in or hidden by darkness c: not clearly seen or easily distinguished : faint
2: not readily understood or clearly expressed; also : mysterious
3: relatively unknown: as a: remote, secluded b: not prominent or famous
4: constituting the unstressed vowel \ə\ or having unstressed \ə\ as its value
David Asman?? Oh, that is
David Asman?? Oh, that is just too easy!
"No matter how cynical you get, it's impossible to keep up!
---Lily Tomlin
Thanks, I needed that!
Always a shot of courage and truth.
Ron Paul is the man!
Ron Paul is the man! Great interview, because Ron knows how to answer the toughest questions!