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Financial Crisis
Ron Paul on the Bailout Proposal
Ron Paul interviewed on Fox Business:
Ron Paul lectures Ben Bernanke:
Message from Ron Paul to the Nation:
Dear Friends,
Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that disaster is about to [...]
Ron Paul’s Joint Economic Committee Statement
“Mr. Chairman, I believe that our economy faces a bleak future, particularly if the latest $700 billion bailout plan ends up passing. We risk committing the same errors that prolonged the misery of the Great Depression, namely keeping prices from falling. Instead of allowing overvalued financial assets to take a hit and trade on the [...]
Say NO to the Bailout
Say NO to the forced redistribution of billions if not trillions of dollars and the de-facto nationalization of our nation’s entire financial system.
Say NO to the special interests who are working to destroy the dollar and eliminate global confidence in America for decades to come.
Say NO to any sell-out congressman or senator who would vote [...]
Ron Paul: “They’re Doing Exactly What We Did In The Depression”
President Bush: “The risk of doing nothing far outweighs the risk of the [bailout] package!”
Wold Blitzer: “What do you say to the President who wants you and your fellow Republicans and Democrats to quickly pass this 700 billion dollar bailout package?”
Ron Paul: “Well I think that’s a mistake because we don’t have the money, but [...]
Ron Paul on the Financial Crisis
“Our problems start with the Federal Reserve. The Federal Reserve is a monopoly and it controls interest rates artificially low, causing people to make mistakes. That’s the basic source. But then on top of that in the housing market we had the Community Reinvestment Act which told investors that they had to loan to risky [...]
Surrender to the Printing Presses
In his latest essay Dr. Ron Paul accurately diagnoses the government’s money dilemma and prescribes a painful but effective cure. We the people are in agreement, but our decadent politicians and bankers have decided to prolong the “easy credit” bonanza for as long as they possibly can. Are they oblivious to the risk of total [...]
Ron Paul: Let The Market Regulate Itself!
Ron Paul questioned former Chairman of the Federal Reserve, Paul Volcker, at a Joint Economic Committee (JEC) hearing ominously titled “Wall Street to Main Street: Is the Credit Crisis Over and What Can the Federal Government Do to Prevent Unnecessary Systemic Risk in the Future?”
Ron Paul expressed his disapproval of reserve requirements going down to [...]
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