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Channel: Bloomberg TV
Date: 9/23/2009

In this 1988 interview, Ron Paul talks about money, banking and the Federal Reserve, and predicts the current financial crisis.

Show: American Power Structure
Date: August 1988
Transcript:
Voiceover: American Power Structure. We’re joined by John Cone.
Frank Morrow: Ron there’s an old statement I’ve read heard about people saying, in Congress, that banks never lose.
Ron Paul: Well, I think [...]

In this globalized world we must remember that it’s not just the US that’s going down, it’s the whole world. Have you seen any good news from any country in the last six months or so? Strain yourself and you might dredge some iota of optimism from somewhere, but in general it’s wishful thinking.
President Obama [...]

In his latest column Ron Paul points out the folly of big government trying to create artificial taxpayer-funded make-do jobs just for the sake of it, instead of encouraging honest and true long-term prosperity by simply getting out of the way. — tmartin

Stimulating Our Way to Rock Bottom
by Ron Paul
With attention turning to the next [...]

I honestly am worried about our country as are many others on this site and nationwide. The difference is that the masses are leading us towards more of the same if not worse, while the smart sensible opinions rooted in logic and sound theories that can be applied to real life situations are being ignored, [...]

by Ron Paul
It has been long understood that our federal government is going deeper into debt, consistently raising the debt ceiling and demonstrating no fiscal restraint. In recent years, debt ceiling increases have been placed in “must pass” legislation as a means to guarantee that Republicans as well as Democrats would vote for them when [...]

Alexis Glick: Texas Republican Congressman Ron Paul. Congressman, thank you so much for taking the time to join us. You had an opportunity to hear what the president had to say. Do you agree or disagree with the choices being made this morning?
Ron Paul: Well, I can’t agree with socialism, I mean this is just [...]

“Amid the financial turmoil, U.S. President George W. Bush delivers daily affirmations on the nation’s crippled economy. Those who hope to succeed him in office claim that only they know how to lift America off its knees. But the one winning the public trust battle is Congressman and former presidential candidate Ron Paul.”

Ron Paul gives us his thoughts on how the markets lost confidence and what can be done to address the real problems.

Hello.
I wanted to visit a little bit with you about the press conference that George Bush held today. Once again, the President addressed the nation for the purpose of restoring confidence to the market. [...]

United States House of Representatives
Statement on HR 1424
October 3, 2008
Ron Paul
Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be brought back for another vote and actually expect to gain votes. That this bailout was initially defeated was a welcome surprise, but the power-brokers in Washington and on Wall Street could [...]

Ron Paul’s address to Congress, Oct. 3, 2008
“Madam Speaker, I rise in strong opposition to this bill, because it won’t solve our problem. It is said that we’re in a liquidity crisis and a credit crunch, and all we need is more credit. The Federal Reserve has already injected over a trillion dollars worth of [...]

The controlled media’s “shock and awe” propaganda blitz and fear mongering campaign had its desired effect: Last night, the Senate passed the Bailout Bill 75 to 24.
See who voted “yes” and “no”:

Alabama

Sessions (R)
No
Shelby (R)
No

Alaska

Murkowski (R)
Yes
Stevens (R)
Yes

Arizona

Kyl (R)
Yes
McCain (R)
Yes

Arkansas

Lincoln (D)
Yes
Pryor (D)
Yes

California

Boxer (D)
Yes
Feinstein (D)
Yes

Colorado

Allard (R)
No
Salazar (D)
Yes

Connecticut

Dodd (D)
Yes
Lieberman (I)
Yes

Delaware

Biden (D)
Yes
Carper (D)
Yes

Florida

Martinez (R)
Yes
Nelson (D)
No

Georgia

Chambliss (R)
Yes
Isakson (R)
Yes

Hawaii

Akaka (D)
Yes
Inouye (D)
Yes

Idaho

Craig (R)
Yes
Crapo [...]