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732 Comments
- ryansmith18, on 09/23/2008, -28/+649It's a shame this guy won't be our president next year.
- MalamuteTX, on 09/23/2008, -21/+472Nail. On. Head.
- mdonato, on 09/23/2008, -22/+457Ron Paul knows more about economic theory than anyone else in Washington. Up until a few weeks ago the Fed, Treasury and all the political hacks were telling us that we weren't even in a recession. Now they are telling us they know how to fix it? B.S.!!!!!!!!!!!!!!
- TheMidnight, on 09/23/2008, -16/+309Somebody had to say it, and it couldn't have come from a better source.
- AmeriicanBoy, on 09/23/2008, -37/+302This guy was cheated out of the GOP ticket because he was not friends with the Bush family. That's why I'm not voting for McSame nor Nobama.
- dthomasdigital, on 09/23/2008, -20/+263Funny how Dr. Paul is all over the news now. We all told you so.
- sbark1, on 09/23/2008, -20/+206It must be incredibly frustrating to be the guy shouting into the wind. He's right, but he'll never be heard.
- chromerium, on 09/23/2008, -15/+175Really changed my opinion of Dr. Paul. Its eerie how close his predictions have been to reality. But nobody was listening except for a quiet and afraid few.
- bruno1969, on 09/23/2008, -12/+161Call your U.S. Senators and tell to vote against the bailout if you value what little purchasing power your dollar has left!
http://www.senate.gov/general/contact_information/ ... - Deano3041, on 09/23/2008, -12/+139my economics teacher says "There aren't any politicians that know anything about monetary policy"....."they all talk about the economy but they don't know how to fix it"
I emailed her a Ron Paul video
Consider her enlightened - bigdogbts, on 09/23/2008, -14/+135I'm writing Dr. Paul's name in come November for reasons like this article. I'm so tired of living in a country of sheeople that lack the sense to look past 3 second sound bytes and actually investigate a candidate. If that were the case, this election wouldn't even be close.
- muckemuck, on 09/23/2008, -2/+116He was shunned by the GOP because he doesn't support pre-emptive and unconstitutional war.
He could have been pro-choice, pro-amnesty, etc and they would have accepted him if he'd just not talked about ending the US policy of meddling in the affairs of the world and stirring up wars. - whiskeymb, on 09/23/2008, -2/+107While I don't agree with everything this guy says, he does seem to understand much better than anyone else what it means to be a fiscal conservative.
- Sibir, on 09/23/2008, -9/+106Ron Paul has been speaking about these issues for years. He has consistently taken the position that the fed and the myriad market interferences from fedgov distort the market's pricing mechanisms causing the boom/bust cycle, as understood by Mises/Rothbard. It would benefit us all to understand exactly what happened during the Great Depression so that we might avoid the same mistakes.
Rothbard's Revisionist look at the Great Depression http://mises.org/rothbard/agd/contents.asp - DoctorQuigley, on 09/23/2008, -9/+88The people that scream about how "deregulation" is the cause of this crisis are clueless. This cancer was growing in our economic system long before some neo-cons got their buddies' investment houses deregulated to game the system. Ron Paul has really laid it out in this article, and I don't anyone has an excuse for not recognizing the role that a interventionist government played in causing this crisis.
Remember: Wall Street owns Washington, and it has for over 100 years. The solutions being offered by former heads of investment firms and large corporations are not tailored to benefit the average American. Government intervention into the market is socialism, but not all socialism is for the poor.
PS: Read the Creature from Jekyll Island if you really want to take the red pill with regard to our financial system. - tschau, on 09/23/2008, -6/+83When Ron Paul failed to become a serious primary contender for the republican nomination, a lot of people - both for and against him - saw it as exactly that; a failure.
That CNN and others are prominently featuring his commentary shows just how successful he was though. The country isn't ready to accept someone with his views as president at this point - the fact that he's moved further into the mainstream is serious progress in itself. Ron Paul's '08 candidacy was a success, and continues to be built upon. - juankovo, on 09/23/2008, -1/+73He is being heard. The power players aren't going to change their game, but Americans are beginning to listen.
- Hubs, on 09/23/2008, -9/+77Ron Paul is still the best choice for President.
- inactive, on 09/23/2008, -11/+79If Americans cared about politics like they care about celebrity, Ron Paul would be on his way to becoming the next President.
- alamedaman, on 09/23/2008, -9/+71Doc P has been spitting knowledge about this ***** for years. yet no one listened to him, and no one in government WILL listen.
- silveravnt, on 09/23/2008, -2/+64False. A lot of us have been listening. The problem lies with the strict controls the media has on the information Americans get. Not enough of us are listening.
- radical1dreamer, on 09/23/2008, -7/+68It really is great to see another perspective on this issue instead of constantly hearing from the media how the government NEEDS to intervene and HAS to regulate everything or else The Great Depression II is coming. The level-headed and genuine approach in this commentary is really refreshing and is a welcomed change from the "we need to take control OR ELSE" rhetoric.
- laminac, on 09/23/2008, -6/+65I find it funny how everyone likes Ron paul, but since he is out everyone is going to obama which is about as far as possible from Ron Paul... not that McCain is too much closer... they both want massive spending, more taxes, more regulation... and bigger government. It's nice someone isn't just rolling over and giving their nomination.
- richmomz, on 09/23/2008, -1/+58Ron Paul is not a neocon, therefore he could never be accepted by the current GOP elite.
- rrc7cz, on 09/23/2008, -2/+53Are you serious? Ron Paul has been talking about killing the Fed, IRS, Freddie, Fanny, and most of the rest of these bloated, disfunctional inst. since the 80's!
That's a hell of a better plan than anything I heard Obama talk about... regulation? Yawn... try regulating your way out of a $11 trillion national debt. - richmomz, on 09/23/2008, -6/+56I can't understand why Ron Paul is the only one discussing the downsides to this bailout - it seems that virtually EVERYONE is touting the line that "we HAVE to bail out Wall Street or we are all doomed." Yes, we understand that if there is no bailout the consequences will be VERY severe - but what if the bailout will lead to an even BIGGER crisis down the road? Some experts (including Ron) have said that our refusal to accept a recession after the dot.com boom bubble burst in 2001 by slashing interest rates and taxes was the primary cause of the current crisis - now the Fed is proposing the same failed strategy of diluting the crisis with a massive flood of even more money.
If we cave in to Wall Streets demands to flood the streets of Manhattan with freshly minted green paper I fear that the consequences down the road could be so severe that it will permanently cripple our nation's future. - RandoTheKing, on 09/23/2008, -14/+62Ron Paul 2008
- JoeRockEHF, on 09/23/2008, -9/+57Why is this man not going to be President? Come on America!
- juankovo, on 09/23/2008, -1/+41Ron Paul has personally endorsed Constitution Party candidate Chuck Baldwin, so consider him when making your choice. Baldwin is on the ballot in 37 states and a write-in candidate in nearly all of the others.
http://digg.com/business_finance/A_New_Alliance_By ...
http://www.ballot-access.org/ballot-chart.html - Lucas123, on 09/23/2008, -1/+39"The solution to the problem is to end government meddling in the market. Government intervention leads to distortions in the market, and government reacts to each distortion by enacting new laws and regulations, which create their own distortions, and so on ad infinitum."
Wow. Clarity. - inactive, on 09/23/2008, -7/+45http://www.CampaignForLiberty.com
- elsenorpompom, on 09/23/2008, -7/+41I am an Obama supporter but this support of a freakin 700 billion dollar bailout has me seriously looking at Ron Paul. While i don't agree with everything he says I agree with a lot. His commentary on the bailout only makes it more so. We need to do something about this before we cannot.
- kemp34, on 09/23/2008, -2/+36Yes, these people are either idiots or liars. Either way, it's not good for the people.
Check out Bernanke in October 2005 (near the peak) "There is no housing bubble to go bust"!
http://www.washingtonpost.com/wp-dyn/content/artic ...
Should we trust that this man has an honest solution for anything?
Seriously. - TWGMichael, on 09/23/2008, -4/+38Henry Paulson must be harshly rebuked for this ridiculous and UNCONSTITUTIONAL plan. This is in direct violation of his oath of office, and we must demand his immediate resignation.
NO BAILOUT. NO BLANK CHECK. NO PAULSON.
I call on all sovereign citizens to demand Paulson's immediate resignation or dismissal. The strongest message possible must be sent to the financial markets, the United States is not their personal piggy bank to smash open when their profits are threatened. We have survived worse than this with less help and better results! Do not sell out our dollar with trillions upon trillions in commercial lending inflation. It is not any governments place to protect smart people from bad mistakes. Smart, hard working Americans will prevail over any adversity, but we must be retain the power to do so, and not have it robbed from us for _generations_ to come. - maddhopps, on 09/23/2008, -2/+32Holy crap, a front page link!! Someone at CNN.com will be losing their job.
- Vodd9, on 09/23/2008, -2/+32And Ron Paul isn't even an economist. He's a physician, for *****'s sake.
- h0m3styl3, on 09/23/2008, -0/+30He's kind of a Congressman...and they're supposed to be voting on this.
so, yes. - Bkaufman, on 09/23/2008, -7/+36Hopefully some of the people in Washington will Listen to Logic and reason instead of panicking and making a bad situation worse.
- mmd643, on 09/23/2008, -6/+35In a free market absent of government regulation there is no such thing as a monopoly. I suggest you read a book entitled Anti-Trust: A Case for Repeal.
The United States government itself the biggest and most dangerous monopoly in the world today. - TWGMichael, on 09/23/2008, -1/+29I'm watching the committee discuss this now, and Paulson has flatly rejected anything less than the full bail out amount of $700 billion plus, even though he readily acknowledges that full ridiculous amount could not be spent in the first 3 months. He then fear-mongers on how the market won't take the quick fix solutions if they don't have the most insane amount of money to dump on them and insure their profits. Everyone in this meeting has acknowledged that no matter how this bail out is handled all participating banks will see profit from it, and all parties will walk away smiling and with zero consequence for their horrible mishandling.
Paulson just keeps repeating how they need to shore up market confidence at any cost, how any oversight must be created LATER, AFTER this bill has been passed, and how the broad UNCONSTITUTIONAL authority and budget being granted him is the ONLY SOLUTION HE WILL PRESENT OR ENTERTAIN. - richmomz, on 09/23/2008, -0/+28"Up until a few weeks ago the Fed, Treasury and all the political hacks were telling us that we weren't even in a recession. Now they are telling us [that we're on the verge of another Great Depression and] they know how to fix it? "
Couldn't have said it better myself - the idiots who created this problem are given the responsibility for pointing out the problems and fixing it; kind of like having a murder suspect conduct his own criminal investigation - lol. - Minarchian, on 09/23/2008, -0/+27The President has the "bully pulpit".
He has the media to turn to, he could refuse to sign any legislation that comes to his desk. These are just two examples of what a President fighting against a hostile Congress could do. - richmomz, on 09/23/2008, -0/+25"New" overlords? The Fed has been running the show since 1913!
- Hetman, on 09/23/2008, -6/+31Of course it will. Just like Ron Paul has been saying right about the economy for the last 5 years. To bad the majority of Americans refuse to listen.
- inactive, on 09/23/2008, -0/+24The power players will just convince the American people that he's a lone nut who doesn't know what he's talking about. After all, he's "radical," "extremist," and all those other words they use to put down anyone who disagrees with them.
- ConcernedCanuck, on 09/23/2008, -1/+24If Obama gets elected I'm Blaming you and every other 'he's so well spoken and handsome!' bandwagon jumper there is....The world COULD have been so much greater with Paul or now Baldwin in office.
Might I remind you of yesterday's thirty-two words: "Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency."
Thats a slippery slope towards fascism right there. What does Obama and McCain have to say about those words?
from: http://digg.com/2008_us_elections/Dirty_Secret_Of_ ...
"But elsewhere, the conversation is muted. The debate over whether Congress is going to pass the Paulson bailout package, or pass the Paulson bailout package really hard seems to have boiled down to a discussion of time and concessions. The White House has made it clear that they want this package passed yesterday. Congressional Democrats seem to be of different minds on the matter, with some pushing back hard, and others content to demand a small dollop of turd polish to make the package seem more aesthetically pleasing, at which point, they'll likely roll over and pass the bill. NEITHER CANDIDATE, JOHN MCCAIN OR BARACK OBAMA, SEEM ALL THAT AMENABLE TOWARD THE BAILOUT, BUT NEITHER HAVE EITHER DEMONSTRATED THAT THEY ARE WILLING TO RISK THEIR CANDIDACIES TO DO MUCH MORE THAN EXPLOIT THE ISSUE FOR ELECTORAL PURPOSES."
All you can do is HOPE that Obama will CHANGE the system...un-bloody likely! - iamvahe, on 09/23/2008, -1/+23I suggest you read Paul's book "The Revolution: A Manifesto".
In it, he talks in detail about what he means when he says "less regulation". He isn't against all regulation. Just the ones which benefit a small group of people at the expense of the masses. - algaeturd, on 09/23/2008, -5/+27So sad that Paul talked about this years ago and nobody listened...and STILL the government isn't listening to him now. Leave this in the hands of Paulson and Bernake and this will go from bad to worse really quickly.
They demand that this gets passed through with no oversight the exact same way the 9/11 was passed and congress isn't falling for it this time.
Take your sweet time, congress...you get ONE chance to make this work so it better work and it better work well. You cannot undo any powers given to the executive branch or the federal reserve. - richmomz, on 09/23/2008, -3/+22Not everyone is going for Obama - I for one plan to follow Ron's advice and vote my conscience instead of wasting my vote within the two party system for the "lesser of two evils."
- dt3k, on 09/23/2008, -0/+19Since Paul is on the House Financial Committee i hope he gets to drill Paulson and Bernake during the House questioning sessions tomorrow.
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