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> <channel><title>Comments on: Ron Paul: &#8220;They&#8217;re Doing Exactly What We Did In The Depression&#8221;</title> <atom:link href="http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/feed/" rel="self" type="application/rss+xml" /><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/</link> <description>Ron Paul is America&#039;s leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies. The Ron Paul Revolution continues.</description> <lastBuildDate>Sun, 21 Mar 2010 17:19:36 +0000</lastBuildDate> <generator>http://wordpress.org/?v=2.9.2</generator> <sy:updatePeriod>hourly</sy:updatePeriod> <sy:updateFrequency>1</sy:updateFrequency> <item><title>By: MARGARET MOORE</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-58157</link> <dc:creator>MARGARET MOORE</dc:creator> <pubDate>Tue, 29 Dec 2009 17:25:13 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-58157</guid> <description>thanks !!  very helpful blog!</description> <content:encoded><![CDATA[<p>thanks !!  very helpful blog!</p><p><small>Like or Dislike:</small> <img
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id="karma-58157-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: bangkok simon</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-18751</link> <dc:creator>bangkok simon</dc:creator> <pubDate>Tue, 05 May 2009 21:12:14 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-18751</guid> <description>We are coming out of the normal time of year when we have flu circulating in the UK so we don&#039;t really know what size of epidemic there may be in the next couple of months.</description> <content:encoded><![CDATA[<p>We are coming out of the normal time of year when we have flu circulating in the UK so we don&#8217;t really know what size of epidemic there may be in the next couple of months.</p><p><small>Like or Dislike:</small> <img
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id="karma-18751-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: Craig Combs</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-6097</link> <dc:creator>Craig Combs</dc:creator> <pubDate>Fri, 26 Sep 2008 05:19:31 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-6097</guid> <description>Right on Tub!</description> <content:encoded><![CDATA[<p>Right on Tub!</p><p><small>Like or Dislike:</small> <img
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id="karma-6097-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: TCJACK</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5997</link> <dc:creator>TCJACK</dc:creator> <pubDate>Wed, 24 Sep 2008 04:09:17 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5997</guid> <description>I think the proposal to restore financial sanity and the people&#039;s wealth by Sam Kennedy makes the most sense:1. Repeal the Federal Reserve Act of 1913.  This would provide and instant end to the $9 trillion dollar US debt currently owed to the Fed for borrowing our own money that they merely print.
2. Repeal the Income Tax Act of 1913 which exists to pay the interest on the debt to the Fed.
3. Process the Articles of Impeachment filed (and still pending) for conspiracy, fraud, unlawful conversion and treason in 1934 by Congressman Louis McFadden, the chairman of the House Banking and Currency Committee, against the Board of Governors of the Federal Reserve Bank, the Comptroller of the Currency and the Secretary of the Treasury.
4. So everyone would know, publish the words of Congressman McFadden spoken to Congress in 1934:
&quot;...we have in this Country one of the most corrupt institutions the world has ever known.  I refer to the Federal Reserve Board and the Rederal Reserve Banks, hereinafter called the Fed.  The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation&#039;s debt.  The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.&quot;This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government.  It has done this through the defects of the law under which it operated, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.&quot;Some people think that the Federal Reserve Banks are United States Government institutions.  They are not.  They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and the rich and predatory money lenders.  In that dark crew of financial pirates there are those who would cut a man&#039;s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.&quot;5. Confiscate the total assets of the Federal Reserve Bank thereby effectively returning all the credit, liquidity and wealth that were stolen from the American people in 1913, 1933, 1964 and 2008.Imagine that.  With the mere stroke of a pen on a single piece of paper, Congress, with or without the President, could effectively:
- return all of the people&#039;s wealth.
- end the greatest financial scam in history which will otherwise inevitably lead to tyranny, oppression and the destruction of world order.
- restore the dignity of the American people by abandoning satanic principles such as debt, instant gratification and avoidance of responsibility.
- restore dignity AND SOLVENCY to our children and grandchildren.  The deeds to THEIR home should never again call them a TENANT.
- end the vile satanic Internal Revenue Service scam that has literally destroyed the lives of hundreds of thousands of honest Americans and transferred the wealth of a nation to a private banking cartel.If you agree with the above, might I suggest circulating it as widely as possible?  If just one noteworthy media outlet reports on these options, perhaps the course of events could be changed and your children might be spared enslavement.</description> <content:encoded><![CDATA[<p>I think the proposal to restore financial sanity and the people&#8217;s wealth by Sam Kennedy makes the most sense:</p><p>1. Repeal the <a
href="http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/" >Federal Reserve</a> Act of 1913.  This would provide and instant end to the $9 trillion dollar US debt currently owed to the Fed for borrowing our own money that they merely print.<br
/> 2. Repeal the Income Tax Act of 1913 which exists to pay the interest on the debt to the Fed.<br
/> 3. Process the Articles of Impeachment filed (and still pending) for conspiracy, fraud, unlawful conversion and treason in 1934 by Congressman Louis McFadden, the chairman of the House Banking and Currency Committee, against the Board of Governors of the <a
href="http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/" >Federal Reserve</a> Bank, the Comptroller of the Currency and the Secretary of the Treasury.<br
/> 4. So everyone would know, publish the words of Congressman McFadden spoken to Congress in 1934:<br
/> &#8220;&#8230;we have in this Country one of the most corrupt institutions the world has ever known.  I refer to the <a
href="http://www.ronpaul.com/on-the-issues/audit-the-federal-reserve-hr-1207/" >Federal Reserve</a> Board and the Rederal Reserve Banks, hereinafter called the Fed.  The Fed has cheated the Government of these United States and the people of the United States out of enough money to pay the Nation&#8217;s debt.  The depredations and iniquities of the Fed has cost enough money to pay the National debt several times over.</p><p>&#8220;This evil institution has impoverished and ruined the people of these United States, has bankrupted itself, and has practically bankrupted our Government.  It has done this through the defects of the law under which it operated, through the maladministration of that law by the Fed and through the corrupt practices of the moneyed vultures who control it.</p><p>&#8220;Some people think that the Federal Reserve Banks are United States Government institutions.  They are not.  They are private monopolies which prey upon the people of these United States for the benefit of themselves and their foreign customers; foreign and domestic speculators and swindlers; and the rich and predatory money lenders.  In that dark crew of financial pirates there are those who would cut a man&#8217;s throat to get a dollar out of his pocket; there are those who send money into states to buy votes to control our legislatures; there are those who maintain International propaganda for the purpose of deceiving us into granting of new concessions which will permit them to cover up their past misdeeds and set again in motion their gigantic train of crime.&#8221;</p><p>5. Confiscate the total assets of the Federal Reserve Bank thereby effectively returning all the credit, liquidity and wealth that were stolen from the American people in 1913, 1933, 1964 and 2008.</p><p>Imagine that.  With the mere stroke of a pen on a single piece of paper, Congress, with or without the President, could effectively:<br
/> &#8211; return all of the people&#8217;s wealth.<br
/> &#8211; end the greatest financial scam in history which will otherwise inevitably lead to tyranny, oppression and the destruction of world order.<br
/> &#8211; restore the dignity of the American people by abandoning satanic principles such as debt, instant gratification and avoidance of responsibility.<br
/> &#8211; restore dignity AND SOLVENCY to our children and grandchildren.  The deeds to THEIR home should never again call them a TENANT.<br
/> &#8211; end the vile satanic Internal Revenue Service scam that has literally destroyed the lives of hundreds of thousands of honest Americans and transferred the wealth of a nation to a private banking cartel.</p><p>If you agree with the above, might I suggest circulating it as widely as possible?  If just one noteworthy media outlet reports on these options, perhaps the course of events could be changed and your children might be spared enslavement.</p><p><small>Like or Dislike:</small> <img
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id="karma-5997-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: Grace</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5933</link> <dc:creator>Grace</dc:creator> <pubDate>Tue, 23 Sep 2008 07:01:22 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5933</guid> <description>I fail to see how giving a trillion dollars to some unelected &quot;czar&quot; to administer as he sees fit is wise or an answer to anything.  I&#039;d rather take my chances with these &quot;dire consequences&quot; then see our capitalistic system be thrown out, and our currency become more worthless with good money after bad.  It smells too much of special interests going for the money again, at the expense of the rest of us.  And this rush to judgement and decision on something so important, seems like Iraq, Patriot Act etc all over again - all fear based.  I&#039;m fine with letting the banks go down, then maybe we can get some new ones that will actually be better run.</description> <content:encoded><![CDATA[<p>I fail to see how giving a trillion dollars to some unelected &#8220;czar&#8221; to administer as he sees fit is wise or an answer to anything.  I&#8217;d rather take my chances with these &#8220;dire consequences&#8221; then see our capitalistic system be thrown out, and our currency become more worthless with good money after bad.  It smells too much of special interests going for the money again, at the expense of the rest of us.  And this rush to judgement and decision on something so important, seems like Iraq, Patriot Act etc all over again &#8211; all fear based.  I&#8217;m fine with letting the banks go down, then maybe we can get some new ones that will actually be better run.</p><p><small>Like or Dislike:</small> <img
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id="karma-5933-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: Richard</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5931</link> <dc:creator>Richard</dc:creator> <pubDate>Tue, 23 Sep 2008 06:02:12 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5931</guid> <description>Make the lenders take responsibility for their actions! Rather than making the average American pay about $2000 out of their own pocket (on average, based on $7B spread evenly over the population) to bail out an irresponsible pack of thieves.Ron Paul, you obviously won&#039;t be the next President as the race is firmly between Obama and McCain, but by god your country needs you. Keep up the good work, see if you can&#039;t tear apart the GOP while you&#039;re at it.</description> <content:encoded><![CDATA[<p>Make the lenders take responsibility for their actions! Rather than making the average American pay about $2000 out of their own pocket (on average, based on $7B spread evenly over the population) to bail out an irresponsible pack of thieves.</p><p><a
href="http://www.ronpaul.com" >Ron Paul</a>, you obviously won&#8217;t be the next President as the race is firmly between Obama and McCain, but by god your country needs you. Keep up the good work, see if you can&#8217;t tear apart the GOP while you&#8217;re at it.</p><p><small>Like or Dislike:</small> <img
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id="karma-5931-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: stephen gase</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5922</link> <dc:creator>stephen gase</dc:creator> <pubDate>Tue, 23 Sep 2008 02:13:52 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5922</guid> <description>Why don&#039;t we just take things back over and put real people back in the house and senate.</description> <content:encoded><![CDATA[<p>Why don&#8217;t we just take things back over and put real people back in the house and senate.</p><p><small>Like or Dislike:</small> <img
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id="karma-5922-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img
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id="karma-5922-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: DoctorZ</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5920</link> <dc:creator>DoctorZ</dc:creator> <pubDate>Tue, 23 Sep 2008 01:42:24 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5920</guid> <description>I agree with you, Robert. Obama and McCain won&#039;t help at all. They&#039;re both just fools.I mean, come on? Why are people so stupid about voting? You&#039;re picking the leader of the free world!Think, Fannie Mae, Freddie Mac....does all this remind you guys of something that happened a while back?I believe it was called.....THE GREAT DEPRESSION
And yes, we had misguided leaders back then too.</description> <content:encoded><![CDATA[<p>I agree with you, Robert. Obama and McCain won&#8217;t help at all. They&#8217;re both just fools.</p><p> I mean, come on? Why are people so stupid about voting? You&#8217;re picking the leader of the free world!</p><p> Think, Fannie Mae, Freddie Mac&#8230;.does all this remind you guys of something that happened a while back?</p><p> I believe it was called&#8230;..THE GREAT DEPRESSION<br
/> And yes, we had misguided leaders back then too.</p><p><small>Like or Dislike:</small> <img
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id="karma-5920-up" style="font-size:12px; color:#009933;">0</span>&nbsp;<img
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id="karma-5920-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: tim fry</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5908</link> <dc:creator>tim fry</dc:creator> <pubDate>Mon, 22 Sep 2008 20:05:19 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5908</guid> <description>YOU are witnessing: THE DIVESTING of AMERICA, WHOLESALE.
says,TLF</description> <content:encoded><![CDATA[<p>YOU are witnessing: THE DIVESTING of AMERICA, WHOLESALE.<br
/> says,TLF</p><p><small>Like or Dislike:</small> <img
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id="karma-5908-down" style="font-size:12px; color:#990033;">0</span></p>]]></content:encoded> </item> <item><title>By: Ron &#38; Ralph</title><link>http://www.ronpaul.com/2008-09-22/ron-paul-depression-fed-financial-collapse-inflation-bailouts/comment-page-1/#comment-5904</link> <dc:creator>Ron &#38; Ralph</dc:creator> <pubDate>Mon, 22 Sep 2008 19:02:31 +0000</pubDate> <guid
isPermaLink="false">http://www.ronpaul.com/?p=185#comment-5904</guid> <description>Are you prepared to consume a fake &quot;Debate&quot; once again?
- paid for by your &quot;Friends&quot; on Wall StreetNader &amp; Paul</description> <content:encoded><![CDATA[<p>Are you prepared to consume a fake &#8220;Debate&#8221; once again?<br
/> &#8211; paid for by your &#8220;Friends&#8221; on Wall Street</p><p>Nader &amp; Paul</p><p><small>Like or Dislike:</small> <img
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