Comments on: Ron Paul and Jim DeMint take on the Fed http://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/ Ron Paul is America's leading voice for limited constitutional government, low taxes, free markets, and a return to sound monetary policies. The Ron Paul Revolution continues. Thu, 18 Mar 2010 16:41:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Christinehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26579 Christine Tue, 21 Jul 2009 18:28:32 +0000 http://www.ronpaul.com/?p=3359#comment-26579 He may yet have that and more...a trial for treason. He may yet have that and more…a trial for treason.

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26532 longshotlouie Tue, 21 Jul 2009 16:25:24 +0000 http://www.ronpaul.com/?p=3359#comment-26532 Enjoy your leap of faith. Enjoy your leap of faith.

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26531 longshotlouie Tue, 21 Jul 2009 16:24:43 +0000 http://www.ronpaul.com/?p=3359#comment-26531 Who said they nailed it?Is whiffle ball your sport of choice? Who said they nailed it?

Is whiffle ball your sport of choice?

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]]> By: Matthttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26527 Matt Tue, 21 Jul 2009 16:22:28 +0000 http://www.ronpaul.com/?p=3359#comment-26527 "Matt, what should I do?"Umm, well normally I also like to check things out for myself, but that's just me. In addition, I don't skip to the very last page, as you are wont to do:http://www.sigtarp.gov/987egapograbme123654/J09-3-SIGRTC.pdf#page=141The first thing I notice is that the current exposure (gross) is $3 Trillion, not $23.7 Trillion. Certainly a big number but again this is a gross exposure and not a net expenditure. TARP will be paid back, the commercial paper facilities will revolve, and some of the obligations may even become profitable. Also included are items that could be an obligation but have not cost a dime yet - such as money market obligations, FDIC, FHFA, implied guarantees on FNM/FRE debt, etc...But hey, that's just me I like to learn about this stuff on my own, but you can keep on with the one liners if you like! “Matt, what should I do?”

Umm, well normally I also like to check things out for myself, but that’s just me. In addition, I don’t skip to the very last page, as you are wont to do:

http://www.sigtarp.gov/987egapograbme123654/J09-3-SIGRTC.pdf#page=141

The first thing I notice is that the current exposure (gross) is $3 Trillion, not $23.7 Trillion. Certainly a big number but again this is a gross exposure and not a net expenditure. TARP will be paid back, the commercial paper facilities will revolve, and some of the obligations may even become profitable. Also included are items that could be an obligation but have not cost a dime yet – such as money market obligations, FDIC, FHFA, implied guarantees on FNM/FRE debt, etc…

But hey, that’s just me I like to learn about this stuff on my own, but you can keep on with the one liners if you like!

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]]> By: Matthttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26521 Matt Tue, 21 Jul 2009 15:58:18 +0000 http://www.ronpaul.com/?p=3359#comment-26521 Ahahah, so the government can't get something current and simple as unemployment correct, but they totally nailed something that is EXTREMELY complicated and requires complex forecasting?And I say 'like' because any number issued by the government that matches your ideological framework is accurate, and those that do not are shams. If only we all had that discretionary capability, or hypocrisy. Ahahah, so the government can’t get something current and simple as unemployment correct, but they totally nailed something that is EXTREMELY complicated and requires complex forecasting?

And I say ‘like’ because any number issued by the government that matches your ideological framework is accurate, and those that do not are shams. If only we all had that discretionary capability, or hypocrisy.

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]]> By: seanhttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26506 sean Tue, 21 Jul 2009 14:44:37 +0000 http://www.ronpaul.com/?p=3359#comment-26506 ben bernanke hearing live on cspanhttp://cspan.org/Watch/C-SPAN3_wm.aspx ben bernanke hearing live on cspan

http://cspan.org/Watch/C-SPAN3_wm.aspx

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26504 longshotlouie Tue, 21 Jul 2009 14:39:28 +0000 http://www.ronpaul.com/?p=3359#comment-26504 What is that, Matt .... 'bout 80G per citizen? Hmmmm .... $360,000.00 for my household.Matt, what should I do? What is that, Matt …. ’bout 80G per citizen?
Hmmmm …. $360,000.00 for my household.

Matt, what should I do?

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26503 longshotlouie Tue, 21 Jul 2009 14:32:32 +0000 http://www.ronpaul.com/?p=3359#comment-26503 Still having trouble with critical thinking? The CPI and employment figures are bogus, even you know this.A number that I like? Surely you jest (of course you do). I'll assume that the $23,000,000,000,000.00 is the bottom since it came from a government office. History is on my side.Wow, is there pain involved when you attempt to pat yourself on the back? Still having trouble with critical thinking?
The CPI and employment figures are bogus, even you know this.

A number that I like? Surely you jest (of course you do).
I’ll assume that the $23,000,000,000,000.00 is the bottom since it came from a government office. History is on my side.

Wow, is there pain involved when you attempt to pat yourself on the back?

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]]> By: Matthttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26500 Matt Tue, 21 Jul 2009 14:07:20 +0000 http://www.ronpaul.com/?p=3359#comment-26500 Funny. You ridicule every other internal auditor (Fed, GAO, etc...) and government-supplied number (CPI, unemployment, etc..) as being completely inaccurate, baseless, or the result of Fed scheming.Then a government-supplied number comes out that you 'like' and all of the sudden the government knows what they are talking about? What, the Rotchschilds/Bildeberg/Fed group couldn't silence this guy?Wow, maybe the government does know what they are doing? Good work Louie! Funny. You ridicule every other internal auditor (Fed, GAO, etc…) and government-supplied number (CPI, unemployment, etc..) as being completely inaccurate, baseless, or the result of Fed scheming.

Then a government-supplied number comes out that you ‘like’ and all of the sudden the government knows what they are talking about? What, the Rotchschilds/Bildeberg/Fed group couldn’t silence this guy?

Wow, maybe the government does know what they are doing? Good work Louie!

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]]> By: longshotlouiehttp://www.ronpaul.com/2009-07-18/ron-paul-and-jim-demint-take-on-the-fed/comment-page-1/#comment-26490 longshotlouie Tue, 21 Jul 2009 13:31:11 +0000 http://www.ronpaul.com/?p=3359#comment-26490 Bailouts could cost U.S. $23 trillion Says IG http://www.politico.com/news/stories/0709/25164_Page2.htmlTwenty-Three Thousand Billion $23,000,000,000,000.00 Bailouts could cost U.S. $23 trillion Says IG
http://www.politico.com/news/stories/0709/25164_Page2.html

Twenty-Three Thousand Billion
$23,000,000,000,000.00

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