Comments on: The Case Against An Unaccountable Federal Reserve http://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/ Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, sound money, and a pro-American foreign policy. Fri, 10 Feb 2012 01:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Larry Hugheshttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-34795 Larry Hughes Wed, 26 Aug 2009 17:55:57 +0000 http://www.ronpaul.com/?p=3231#comment-34795 To Heather: When a bank; any bank-whether the Fed or a state owned bank, lends money it never lends (creates) all that is necessary to pay it back. That is, it doesn't lend the interert component of the loan. Where does this interest component come from? It obviously comes from the money already in circulation. That lessens the amount of money available for other purposes. When $100 is lent and $105 is payed back, the amount of money in circulation has diminished by $5. If everyone paid there loans off we would have negative dollors left. It's like pouring a gallon and a pint out of a gallon jar; it can't be done. All paper money schemes are the same. The only solution is to have commodity based money. I vote for gold and silver. To those who claim we don't have enough gold and silver for monetary use; I say the less there is the more valuable it is; thaerefore we have all that is necessary. Until then we we all be slaves to the money masters at the Fed. To Heather: When a bank; any bank-whether the Fed or a state owned bank, lends money it never lends (creates) all that is necessary to pay it back. That is, it doesn’t lend the interert
component of the loan. Where does this interest component come from? It obviously comes from the money already in circulation. That lessens the amount of money available for other purposes. When $100 is lent and $105 is payed back, the amount of money in circulation has diminished by $5. If everyone paid there loans off we would have negative dollors left. It’s like pouring a gallon and a pint out of a gallon jar; it can’t be done. All paper money schemes are the same. The only solution is to have commodity based
money. I vote for gold and silver. To those who claim we don’t have enough gold and silver for monetary use; I say the less there is the more valuable it is; thaerefore we have all that is necessary. Until then we we all be slaves to the money masters at the Fed.

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]]> By: Heatherhttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-34537 Heather Tue, 25 Aug 2009 15:43:42 +0000 http://www.ronpaul.com/?p=3231#comment-34537 Agree. We need state-owned Federal Reserve, see alsoBut Governor, You CAN Create Money! Just Form Your Own Bank http://www.webofdebt.com/articles/but_governor.phpreply to Arnold Schwarzenegger: “I understand that these cuts are very painful and they affect real lives. This is the harsh reality and the reality that we face. Sacramento is not Washington – we cannot print our own money. We can only spend what we have.” – Governor Arnold Schwarzenegger quoted in Time, May 22, 2009 Agree. We need state-owned Federal Reserve, see also

But Governor, You CAN Create Money! Just Form Your Own Bank
http://www.webofdebt.com/articles/but_governor.php

reply to Arnold Schwarzenegger: “I understand that these cuts are very painful and they affect real lives. This is the harsh reality and the reality that we face. Sacramento is not Washington – we cannot print our own money. We can only spend what we have.”
– Governor Arnold Schwarzenegger quoted in Time, May 22, 2009

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]]> By: Christinehttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-26198 Christine Sun, 19 Jul 2009 02:26:20 +0000 http://www.ronpaul.com/?p=3231#comment-26198 The Fed Inspector General, Generally Knows Nothing. http://www.youtube.com/watch?v=_0T2CclGb0c&feature=related...one thing IS clear...the FED needs to be abolished! The Fed Inspector General, Generally Knows Nothing.
http://www.youtube.com/watch?v=_0T2CclGb0c&feature=related

…one thing IS clear…the FED needs to be abolished!

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]]> By: Christinehttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-26188 Christine Sat, 18 Jul 2009 23:51:14 +0000 http://www.ronpaul.com/?p=3231#comment-26188 Protecting Your Lifestyle - HR 1207 - The Federal Reserve Transparancy Acthttp://www.youtube.com/watch?v=zpKva0ywmHM&feature=relatedBarney Frank discusses H.R. 1207: The Federal Reserve Transparency Act of 2009http://www.youtube.com/watch?v=pTsB_jkaIvg&NR=1There is a slight difference in Barney Frank and Ron Paul re: HR 1207. Barney Frank wants to keep the FED and make them more transparent. Ron Paul's aim is to make the FED transparent and then have it abolished! Juse a wee bit of difference, eh? Protecting Your Lifestyle – HR 1207 – The Federal Reserve Transparancy Act

http://www.youtube.com/watch?v=zpKva0ywmHM&feature=related

Barney Frank discusses H.R. 1207: The Federal Reserve Transparency Act of 2009

http://www.youtube.com/watch?v=pTsB_jkaIvg&NR=1

There is a slight difference in Barney Frank and Ron Paul re: HR 1207. Barney Frank wants to keep the FED and make them more transparent. Ron Paul’s aim is to make the FED transparent and then have it abolished! Juse a wee bit of difference, eh?

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]]> By: Lancelothttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25935 Lancelot Fri, 17 Jul 2009 05:17:52 +0000 http://www.ronpaul.com/?p=3231#comment-25935 I pleasure myself whenever a new ron paul video is added so you guys don't understand what it means to not have a life. I pleasure myself whenever a new ron paul video is added so you guys don’t understand what it means to not have a life.

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]]> By: Christinehttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25934 Christine Fri, 17 Jul 2009 05:17:03 +0000 http://www.ronpaul.com/?p=3231#comment-25934 I sense your urgency to git 'er done and gone too. The economy is sliding downward quickly, all except for the "too big to fail" and the elitists. Part of what HR 1207 (audit the FED) is doing is bringing awareness and suspicion of the FED to a broader audience. Some don't even know that they FED is not a government agency or how our money system works. Eyes and minds are opening. Some absolutely ridicule the truth tellers in disbelief, are still in denial about the cause of our financial woes. It takes time to digest and adjust this info, the truth of it. Many are more ready to listen now and see that all is not as it seemed, not what they were taught in school, and the government has been far from honest with the American people on a host of topics that are intertwined. It is causing conversations among Americans that have never occurred before, in part, because the bulk of the population today has never felt so much blatent financial and intentional hurt from an economic downturn like this before. Someone posted this link and it's helpful in understanding what we are facing because historically, American tried to rid itself of the First and Second American bank with a great deal of trouble. This is not like flipping a switch, done.http://www.apfn.org/apfn/reserve.htm I sense your urgency to git ‘er done and gone too. The economy is sliding downward quickly, all except for the “too big to fail” and the elitists. Part of what HR 1207 (audit the FED) is doing is bringing awareness and suspicion of the FED to a broader audience. Some don’t even know that they FED is not a government agency or how our money system works. Eyes and minds are opening. Some absolutely ridicule the truth tellers in disbelief, are still in denial about the cause of our financial woes. It takes time to digest and adjust this info, the truth of it. Many are more ready to listen now and see that all is not as it seemed, not what they were taught in school, and the government has been far from honest with the American people on a host of topics that are intertwined. It is causing conversations among Americans that have never occurred before, in part, because the bulk of the population today has never felt so much blatent financial and intentional hurt from an economic downturn like this before. Someone posted this link and it’s helpful in understanding what we are facing because historically, American tried to rid itself of the First and Second American bank with a great deal of trouble. This is not like flipping a switch, done.

http://www.apfn.org/apfn/reserve.htm

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]]> By: Lancelothttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25932 Lancelot Fri, 17 Jul 2009 04:24:13 +0000 http://www.ronpaul.com/?p=3231#comment-25932 Jeff, i am a huge fan of Ron Paul. The man literally got me into politics, economics and philosophy of government. However even if this bill were to pass; do you honestly think that the GAO agents will walk in, demand all secrets of the temple then they can release to the public the great horrors of massive theft and destruction caused by this independent Satan? No this is what will happen, the fed audit is going to take forever, the fed has billions of transactions all over the world. The banking system was created in such a confusing manner that the public could never understand, i barely understand it myself. What we find will not horrify the public because the system is designed to make the knives they stab us with to look like flowers. Basically there will be an extensive audit there will be much found out i will be disgusted, you will be disgusted, Paul will be disgusted and the public will say what is Fractional reserve banking again??? or what is this inflation thingy mean. This audit is long it is extensive and solves nothing and will raise the same heads it always has. It seems me and you agree on much, but this audit as pretty and sweet as it sounds, is wasting precious time as our country decays and the public needs to be educated about the origins and meaning of money and banking, for any of it to matter. Supporting this audit is not constructive to the goal of a free market economy. Jeff, i am a huge fan of Ron Paul. The man literally got me into politics, economics and philosophy of government. However even if this bill were to pass; do you honestly think that the GAO agents will walk in, demand all secrets of the temple then they can release to the public the great horrors of massive theft and destruction caused by this independent Satan? No this is what will happen, the fed audit is going to take forever, the fed has billions of transactions all over the world. The banking system was created in such a confusing manner that the public could never understand, i barely understand it myself. What we find will not horrify the public because the system is designed to make the knives they stab us with to look like flowers. Basically there will be an extensive audit there will be much found out i will be disgusted, you will be disgusted, Paul will be disgusted and the public will say what is Fractional reserve banking again??? or what is this inflation thingy mean. This audit is long it is extensive and solves nothing and will raise the same heads it always has. It seems me and you agree on much, but this audit as pretty and sweet as it sounds, is wasting precious time as our country decays and the public needs to be educated about the origins and meaning of money and banking, for any of it to matter. Supporting this audit is not constructive to the goal of a free market economy.

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]]> By: Non-Federal Non-Reservehttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25890 Non-Federal Non-Reserve Thu, 16 Jul 2009 19:38:36 +0000 http://www.ronpaul.com/?p=3231#comment-25890 Whatever Mr. Bernanke. You're the one who makes an out of context post, you admit to it, I bring it back in context, but that makes my post out of context. Whatever Mr. Bernanke. You’re the one who makes an out of context post, you admit to it, I bring it back in context, but that makes my post out of context.

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25888 longshotlouie Thu, 16 Jul 2009 19:30:05 +0000 http://www.ronpaul.com/?p=3231#comment-25888 Maybe it's a conspiracy. Maybe it’s a conspiracy.

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]]> By: Seanhttp://www.ronpaul.com/2009-07-13/the-case-against-an-unaccountable-federal-reserve/comment-page-1/#comment-25887 Sean Thu, 16 Jul 2009 19:18:39 +0000 http://www.ronpaul.com/?p=3231#comment-25887 haha riiight. The only time i have ever been on here after work was the other night. I'm never online when I'm at home because I always have friends over. I actually have a life. You on the other hand leave 10 times as many comments as I do during all hours of the day/night.cheeese haha riiight. The only time i have ever been on here after work was the other night. I’m never online when I’m at home because I always have friends over. I actually have a life. You on the other hand leave 10 times as many comments as I do during all hours of the day/night.

cheeese

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