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- sheeplescareme, on 12/11/2008, -6/+106the good doctor is looking tired. it must be hard fighting for a country wherein most of her people are consumed by apathy and ignorance.
- ConcernedCanuck, on 12/11/2008, -7/+100Nationalization of Industry.
Welcome to the U.S.S.A! - sohailstyle, on 12/11/2008, -4/+69"If one were to look at guidance in the constitution, there's no proof that we have the authority to take funds from one group of Americans and transfer it to another group that needs something.
And the moral argument is that it's not right to do so; why should successful Americans be obligated to take care of those who've made mistakes?" - sheeplescareme, on 12/11/2008, -5/+59this is not the first time he fought against the unconstitutional use of taxpayer monies to bail out a failing industry. refer:
http://www.lewrockwell.com/paul/paul492.html - clintmaher, on 04/21/2009, -1/+49Prepare for the devaluation of the US$ in 2009.
- Stryder81, on 12/11/2008, -3/+48This was definitely 1 of the best times that he has spoken before the House. So clearly and on point to what is really going on right in front of our eyes, but not being said " Nationalization Of Our Industries "
- inactive, on 12/11/2008, -1/+32If we want to see how this will turn out, look at AMTRAK.It was "too big to fail" so the government ( actually the Democrats) decided to "invest" in the railroad. Since then we have been making annual contributions because the shortfall in their operation never goes away.
To those who favor stealing money from unborn Americans to "invest", read this quote carefully or have someone who understands big words explain it to you
"The war against illegal plunder has been fought since the beginning of the world. But how is... legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them, and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime. Then abolish this law without delay ....... If such a law is not abolished immediately it will spread, multiply and develop into a system".
-Frederic Bastiat, French author of "The Law" (1848) - Rothbardosaurus, on 12/11/2008, -1/+32So, when does the shooting start?
- leetninja, on 12/11/2008, -3/+33why is this man not our president again?
- CoolHandLuke70, on 12/11/2008, -6/+32so they can manipulate and destroy the U.S. through its economy therefore bringing America to its knees and implementing their globalist New World Order where freedoms are all removed and we are under a neo-feudalist system.
- emazur, on 12/11/2008, -0/+23That was a great introduction he got (who was that CA guy?), and Paul gave a speech based on frustration with enthusiasm.
- SQLDigger, on 12/11/2008, -2/+24Why is Congress not full of people like this again . . . (sigh)
- PeppermintPig, on 12/11/2008, -2/+24How could anybody not see this for what it is? Whatever it is you want to call it, there is a fundamental idiocy about giving someone money expecting future gains when current evidence shows negative returns. US auto makers spent more than their foreign counterparts in order to sell vehicles at similar prices. They took a loss, while foreign makers profited. How does that make sense?
If I knew you were going to produce something and make a PROFIT, I might give you a loan, but knowing what we know, how can this be seen as anything other than a bailout; enjoy throwing money into a bonfire?
As for stock purchases, you are correct, the government is looking to own this failing business model. Wonderful, eh?
Even better, the government is installing a Car Commissar to govern more stringently the behavior of the automotive industry. This removes more responsibility from the auto makers to actually recover, perform better, and turn a profit by willfully taking money and claiming to do whatever the government says in order to "recover". That's a sweet alibi right there.
Don't let the media and government distract you with the shiny thing! - Tbyrd073, on 12/11/2008, -0/+19What was the first clue? The $11T debt or Congress and Washington D.C. in general supporting failing companies?
- bhuntsbarger, on 12/11/2008, -2/+21I like now how people are wishing they voted for Ron Paul. You never hear anything that intelligent come out of either McCain or Obama's mouth.
- Lucille2, on 12/11/2008, -2/+21It's sickening what our government is doing, to us and to our Republic.
Mussolini laughs. Corporatism has come to America with nary a whimper, and our Representative Government is a sham. - inactive, on 12/11/2008, -0/+18My God, I think Ron Paul was right.
- Zubata, on 12/11/2008, -1/+19Truer words were never spoken.
- SuperMoses, on 12/11/2008, -6/+21I agree with most of what he said, but It's wrong to say it's nationalization. This is crony capitalism. When the government bails out the Big 3 automakers, the public won't own these companies. If they did, then it would be considered nationalization.
- McLieberman, on 12/11/2008, -1/+16American Sheeple... turn off your TV sets for a second and realized how you are all getting fleeced. When the DEBT crashes the US currency, the economy, and you knuckleheads are waiting in food lines... maybe should of woke up and grabbed your pitch forks and torches.
Government is a Parasite sucking the blood, money, life and living out of you.
Wakeup! - inactive, on 12/11/2008, -2/+17If only half of what Ron Paul says is correct, honest, in the best interests of the Nation,
WHAT DO "WE THE PEOPLE" DO / EXPECT NEXT !! - Lawofnations, on 12/11/2008, -0/+13The US dollar (Federal Reserve Note) Dr. Paul speaks of is called a "worthless security" [See: IRC 165(g)]. The lawful United States of America dollars, gold and silver coin, have never lost their value in over 220 years. I never use the paper or plastic anymore as I buy all goods and services with money that is mandated under the thrust of the Constitution (1789). The forthcoming depression will have no effect on me until some alchemist can produce rare, maliable, lightweight, non-perishable, internationally accepted coin faster than a miner.
- inactive, on 12/11/2008, -0/+12Once a people decide to hire liars & thieves to steal from the National Treasury, it's game over !
- Rothbardosaurus, on 12/11/2008, -3/+14It's nationalization. It takes some hopeless naivete to think "the public" owns anything that the government controls.
- inactive, on 12/11/2008, -1/+12Government is a service not a business !
Government absorbs wealth thru illusions of value,
like a liberal weed it thrives off governments waters of chaos ! - algaeturd, on 12/11/2008, -1/+12By the time Americans wake up, there will be absolutely nothing left. I'm glad Paul is on record with his opinions and ideals. It will be little comfort to look back and say, 'he was right' but at the same time, future generations will know that there were people who did stand up and tell the truth and that the direct warnings went completely and totally unheeded.
- leetninja, on 12/11/2008, -1/+12maybe if the people in this country would remember what we came from we wouldnt have these problems and the people like Dr. Paul would be running things rather than greedy corrupt ***** ...
- inactive, on 12/11/2008, -1/+12If the purpose of AMTRAK was to have inexpensive public transportation it is a complete and utter failure.
Have you ever watched the Congressional hearings when the executives of AMTRAK come hat in hand? It happens every year around appropriations time. You should watch it.
You are doing yourself a disservice by being ignorant of the way AMTRAK is run and the principles behind the AMTRAK corporation bailout and the funding of that entity by using borrowed tax dollars. - Tbyrd073, on 12/11/2008, -1/+12The Car Czar complicates things because it is the government just wanting to take control of the auto industry. They should be allowed to go into bankruptcy and reorganize. Why else is there for bankruptcy laws if we bailout every company that comes close to having to use them. This is completely wrong whether its a loan or not. Any sort of interference other than the blocking of monopoly formation and lawful regulation is wrong. If they fail they fail. If they come out of this they will be stronger for it.
- Lawofnations, on 12/11/2008, -0/+10The US$ (Federal Reserve Note) you speak of is called a "worthless security" [See: IRC 165(g)]. The lawful United States of America dollars, gold and silver coin, have never lost their value in over 220 years.
- Striker101, on 12/11/2008, -2/+12Look at FannyMae & FreddieMac,
And look at AIG, which is set up to be taken over 2 years,
And look at the banks which are going under
When Gov becomes the lender of last resort, they can foreclose, and then it is
Nationalization by default.
It will become a real muddle-puddle when the USSA goes bankrupt. - PeppermintPig, on 12/11/2008, -2/+11Making money != Making a profit
A bankruptcy could have allowed for many of the things the government is claiming to provide, all without the 15 billion bailout on top of it.
"There are no guarantees in anything,,Would you rather pay the $200 Billion if these folks fail ??"
Like you say, there are no guarantees, so how can you say there will be a $200 billion loss for failure? Are we looking short-term or long-term?
The model is broken. Letting the government try to fix it won't help things because the incentive is simply not there to do it. - PeppermintPig, on 12/11/2008, -3/+12Since when did the 'public' ever truly own a 'public property', though?? It isn't as if the public doesn't pay for that, either... it's just worse when you're having to pay into some private company and not seeing a return. This is the problem with taxation and false representation.
Government management (at least in part) of a company is indeed a reference to nationalization. Crony Capitalism is also applicable, but in this instance they are seeking some form of ownership. That said, it's not a huge step away from taxing companies steeply which is going on today. The end effect is the same: An ever larger and intrusive government. You seem to be referring to socialized ownership not occurring. - emazur, on 12/11/2008, -0/+9Good quote there, I've never seen it before.
- Moonkeeper, on 12/11/2008, -0/+9I would suggest reading "The Creature from Jekyll Island." Before and during the Civil War, agents of Europe were sent over to stir up trouble. They were hoping the US would split so they could set up a bunch of separate central banks.
- wishninja, on 12/11/2008, -0/+9He's been fighting for the country since before I was born. No way is he tired it's as natural as a heartbeat for him.
- Zubata, on 12/11/2008, -0/+9We live under the ancient Chinese curse - "May you live in interesting times".
- algaeturd, on 12/11/2008, -0/+8"We the people' no longer exist in America.
The richest people and corporations decide EVERYTHING for you. Don't believe me? Just try to change something. Anything. Just TRY and see how much power 'the people' have left. - cardgame, on 12/11/2008, -0/+8Corporatism is only possible through the apathy of the consumer. When we cease to be involved in the action of the companies from which we buy goods, we in turn promote their immoral behavior.
- AnotherDiggGuy, on 12/11/2008, -3/+10Did you know that every single president that ever tried to end the Federal Reserve ended up dead or was involved in a assassination attempt? I also heard somewhere that the Federal Reserve is always run by a Jewish person.
JFK - Signed an exectuve order in June 1963 to end the Federal Reserve.
Lincoln - Once said that of the civil war in front of him vs. the banks right behind him, the banks were the bigger threat to America. He eventually began printing a new American curreny.
I read more information involving other presidents, but I can't recal which ones. But I remember a common theme was those presidents had assasination attempts.
The Fed uses money as a tool of power. It will stop at nothing to remain in total control. Ron Paul will not be able to end the Fed without the backing of the American public, which he may never recieve because of the way the Media influences everything to what they want, not what we want. - inactive, on 12/12/2008, -0/+7Did you even watch the video?
- inactive, on 12/11/2008, -0/+7
Devaluation leads one to assume value, their will be NONE !
Short lived military might will all that's left !
That which your nation does abroad, it will some day do at home ! - sheeplescareme, on 12/12/2008, -0/+7it is not the job of the government to take care of the people, you twit. if you think nationalization is so great, you are obviously a product of the public (nationalized) school system and one who needs to study economics.
- inactive, on 12/11/2008, -1/+8
When you don't or can't pay your taxes,
your of little value to caesar ! - cardgame, on 12/11/2008, -0/+6Which is exactly the point of Ludwig Von Mises. The Consumer in a free capitalist system have paramount power over the "merchants" through civil organization and the power of the purse. Don't like what a company is doing? Buy from some one else. Think a company is evil or say, dumping chemicals in a pond, then create a citizens organization to bring attention to their crime and force change. In the end, companies rely on cash revenues to conduct their livelihood. If those funds are constricted by the anger of the consumer, then they will change or the sotckholders will change for them. One way or another, the consumer is the arbiter of morality in the market.
- Lawofnations, on 12/11/2008, -0/+6I thought I was the only one to read Bastiat. For some intense reading try: Puffendorf, Vattel, Coke, Grodius, Blackstone and of course Plato.
- inactive, on 12/12/2008, -1/+7If we truly had a free market here in these united States we would not have millions in prison because DOW chemical wanted to get rid of hemp rope. Most of the nonviolent offender are there for possession of a plant or a substance they are addicted to.
You apparently are unaware of what a free market really means.
As to green legislation, it is not the job of the government to do that.
Here in the united States we have something called a Supreme Court.
Please consider this:"It is not the function of our government to keep the citizen from falling into error; it is the function of the citizen to keep the government from falling into error" American Communications Association v. Douds - sheeplescareme, on 12/12/2008, -0/+5he either did not watch it or does not understand simple english.
- umbrellapun, on 12/11/2008, -3/+8Paul's words fell on deaf ears, especially Kucinich's.
DK a friend of freedom, my arse. - ninepointfive, on 12/12/2008, -0/+5you write like an uninformed and emotional puffbag
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