These are the the best Ron Paul videos from the 2008 campaign. We've seen approximately a hundred of these clips and have selected our three four favorites.
The much anticipated documentary on the Ron Paul Presidential campaign of 2008 has been released on DVD. Here's the 3-minute trailer.
Last week we covered Chris Dodd attempting to save face with voters, but it's much too little and way too late. Dodd's opponent in Connecticut next November, assuming he disposes of WWE CEO Linda McMahon in the primary, will be Peter Schiff. Schiff's videos are always entertaining and this clip is no different. In the interest of equal time for political campaigns enjoy while Peter lambastes moral hazard, Washington and the bailout culture that permeates Capitol Hill.
We have been making the case for months that the anger expressed at the hundreds of tea parties and Congressional town halls held from coast to coast has been aimed at both political parties and our process, not solely at Democrats, as the mainstream media (MSM) has maintained in their attempt to marginalize the protesters. Millions of informed and educated voters have seen the small-government lies from Republicans while Bush signed every spending bill that crossed his desk. And before Democrats start joyously smirking at the above reality, your side could give a flying flop about deficits, growth in government, generational rape and the related sins of Uncle Sap spending a whole heck of a lot more than he collects.
Terrific interview with TARP COP Dr. Elizabeth Warren from yesterday afternoon on Fox Business (FBN). Cavuto brings up Larry Summers and his rumored dislike of Dr. Warren. It's a bizarre exchange. Excellent discussion of the proposed Consumer Financial Protection Agency:
Take the time to watch the first 5 minutes. You might be upset by what you hear.
Oct. 8 - Sen. Christopher Dodd (D-CT), chairman of the Senate Banking Committee, says a key to financial regulation reform will be to deal with large, troubled firms without giving them implicit, "too big to fail" government protection (Reuters 3:35).
So I took some liberty with the headline. Actually a decent interview. Bernanke's confirmation hearings are discussed. Most notable quote:
"Oct. 4 (Bloomberg) -- Nouriel Roubini, the New York University professor who accurately predicted the financial crisis, talks with Bloomberg's Francine Lacqua about the prospects for stock and commodity markets. Roubini, speaking yesterday in Istanbul, also discusses the outlook for the U.S. and global economies, financial regulation, and Ireland's decision to endorse the European Unions new governing treaty. (Source: Bloomberg) "
Bloomberg's Matt Miller and Carol Massar sat down with University of Chicago Entrepreneurship and Finance Professor Dr. Luigi Zingales on Monday to discuss the economy and the state of the banking system. Dr. Zingales offers his views on financial regulatory reform, banks becoming "too bigger to fail", Congressional ignorance and capture, and the ramifications of breaking up our largest banking institutions.
Zingales compares the proponents of the first stimulus to "physicians from the Middle-Ages practicing blood-letting" (take that Krugman!), and says that those who are calling for a second stimulus (actually it would be the 4th if you count Bush) are again mimicking the ancient physicians who would prescribe "more blood-letting" when the first round of useless treatment invariably failed.
Bloomberg is not allowing this clip to be embedded, so the above link goes directly to Youtube.
Also, please don't miss Zingales' outstanding essay Yes We Can, Mr. Geithner from this Spring.
Before we even get started down this line of questioning, letting Lehman Brothers go into bankruptcy was one of the few intelligent decisions made last Fall. Markets needed reminding that capitalism still existed and that bad balance-sheet decisions would not be rewarded.
Tangentially, has anyone stopped to consider that Lehman said it was fine and just needed $30 billion to get through the crisis, yet when all was revealed in bankruptcy court, there was a $613 billion-dollar hole in its balance sheet? This should provide some indication of the level of insolvency that permeates our nation's banking system. Most banks are massively insolvent if forced to value assets honestly. Nothing has changed except the accounting rules.
Submitted to The Daily Bail by Dylan Ratigan
*****
The Cost Of Corporate Communism
Lately I have been using the phrase "Corporate Communism" on my television show. I think it is an especially fitting term when discussing the current landscape in both our banking and health care systems.
As Americans, I believe we reject communism because it historically has allowed a tiny group of people to consolidate complete control over national resources (including people), in the process stifling competition, freedom and choice. It leaves its citizens stagnating under the perpetual broken systems with no natural motivation to innovate, improve services or reduce costs.
Lack of choice, lazy, unresponsive customer service, a culture of exploitation and a small powerbase formed by cronyism and nepotism are the hallmarks of a communist system that steals from its citizenry and a major reason why America spent half a century fighting a Cold War with the U.S.S.R.
Another home run from Ratigan. We will complete the post later, but the clip is too important to wait until we had the time to do a write-up. So just enjoy. Runs 5 minutes. First 30 seconds are health care, then it's banking and the bail outs.
Guest Post Submitted By Bob Rinear, Robert Foster, et al from Invest Yourself
(Editor's Note: This is a serious rant. Buckle up.)
Bernanke, Donald Kohn, general counsel Scott Alvarez and ancillary legal minions at the Federal Reserve continue their fight to prevent you from finding out exactly what they're doing with that $2 trillion balance sheet and trillions more in shady and secret commitments. It's safe to assume that the only thing they fear more than Ron Paul and Alan Grayson is collateral shock and an immediate destruction of the dollar. They have a timetable for slow devaluation, lest the people actually notice and start complaining.
Bloomberg along with Fox News, (separate suit) are the only media organizations fighting for you and your kids. Judge Preska ruled courageously a few weeks ago in favor of sunshine and the Fed promptly appealed, with the same arguments that lost the case to begin with. No matter, the legal wheel spins and Bloomberg has responded to the Fed's appeal with the following:
Oct 13, 2009 at 1:02 AM