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Ron Paul Confronts Bernanke On Global Currency Plans
Congressman demands to know if discussions regarding new reserve system to replace dollar have taken place
Paul Joseph Watson
Prison Planet.com
Tuesday, November 18, 2008
Congressman Ron Paul confronted Federal Reserve chairman Ben Bernanke this morning about plans to replace the dollar with a new global currency during the House Financial Services Committee meeting on Capitol Hill.
“Already we see talk….about a new international world reserve currency and to me that’s pretty important because the fiat dollar reserve system is not gonna work anymore,” said the Congressman, adding that currencies have failed throughout history.
Paul asked Bernanke, “In your meetings with other central bankers, does this thought come up about a new international world reserve currency and if so, does the subject of gold ever come up….is there a move on to replace the dollar system?”
“I don’t think the dollar system is dead, I think the dollar remains the premiere international currency….I think the dollar system remains quite strong,” responded Bernanke.
Bernanke failed to address the issue of a new system of currency so Paul repeated the question of whether the subject ever came up, to which the Federal Reserve chairman responded, “no it doesn’t”.
(ARTICLE CONTINUES BELOW)
Asked if the subject of whether such a currency, or indeed the dollar itself, would ever be backed by gold and if gold ever came up in conversation, Bernanke responded, “only in terms of the sales that banks are planning”.
Despite Bernanke’s dismissal of talk about a new world currency system, such speculation has been rife and indeed French President Nicolas Sarkozy has repeatedly called for the dollar to be demoted as the premiere currency.
French Economy Minister Christine Lagarde has also called for the dollar to be replaced by the Euro as the world reserve currency, so to believe that such proposals have not emerged in meetings between central banks is stupidly naive.
In September, the Chinese state media, the official voice of the ruling Communist Party, called for the creation of a new currency system following the collapse of Lehman Brothers.
The recent G20 meeting was itself billed as “Bretton Woods II” in reference to the first Bretton woods conference at which the dollar was established as the world reserve currency in the summer of1944.
Nobel prize-winning economist and former World Bank chief Joseph Stiglitz has also called for a new global currency, as have scores of other top economic analysts.
Bernanke’s claim that such talk has not cropped up during central bank meetings is dubious to say the least.
Watch the clip below.
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100 Responses to “Ron Paul Confronts Bernanke On Global Currency Plans”
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November 18th, 2008 at 11:47 am
The Dollar looks strong only because the Euro is tanking at a faster rate. Its not that the Dollar is strong.
November 18th, 2008 at 11:54 am
Paul asked Bernanke, “In your meetings with other central bankers, does this thought come up about a new international world reserve currency and if so, does the subject of gold ever come up….is there a move on to replace the dollar system?
I had to listen to that clip. I’m surprised Bernanke didn’t say “I don’t recall.” Right on Ron Paul!
November 18th, 2008 at 12:13 pm
Talk, talk, talk. Bernanke, Paulson, kashkari all need to be ‘cuffed and arrested in a public display and locked away for their high crimes and then put on display in a show trial. Humiliate those arrogant bastards.
November 18th, 2008 at 12:20 pm
Honestly, does anyone think that the U.S. would give up its world wide control in having the dollar as the world currency?
The money that is being “borrowed” will never be re-paid. Instead what if the idea is to have a false flag operation where the global financial institutions are hacked by “terrorists”?
November 18th, 2008 at 12:22 pm
F@ck a global currency. Tell everyone in Zimbabwe, Liberia, Brazil, Venezuela, Bombay, Estonia and Bumfuck, Egypt that they have to convert to a ‘global’ currency and see what kind of response you get. These international zionist bankers need to pull their heads out of their asses and take a look around. That means you, Bernie Shalom. And wipe that smirk off of your face. Cheney must have taught you that.
November 18th, 2008 at 12:30 pm
Bernanke is a BALD-FACED [pun intended] LIAR!
The U.S. Dollar is in the toilet, and the bald one knows this!
The good thing is that Mr. Paul has the guts to ask!
VIVA LA’ REVOLUTION!
November 18th, 2008 at 12:32 pm
just find a tall tree end of story.
November 18th, 2008 at 12:48 pm
cant believe they speak of central banks so openly now.
November 18th, 2008 at 12:53 pm
What a lying POS and yeah the little smirks are getting f–king old too!
November 18th, 2008 at 12:56 pm
Fuck this country, millions of millions of people need to rush the damn federal reserve and the capitol and retake back our government rights.
November 18th, 2008 at 12:58 pm
Let’s news paper articles come out discussing a new international currency, and Benanke says the conversation never comes up. He is either lying, or he is a brain dead retard. Either case, he and the Fed needs to go bye bye.
November 18th, 2008 at 1:01 pm
once again central banks pull off their scheme for ultimate control just as tey did once before.
History does repeat itself, soon we will all be marked with a gold star and sent to some pretty cozy ovens or showers. Like the Jews of Nazi Germany we continue to do nothing.
November 18th, 2008 at 1:17 pm
every time bernake’s lips moved, he was lying !!!!!!!!!!!
http://www.youtube.com/profile.....iew=videos
goldieshouse.piczo.com
November 18th, 2008 at 1:21 pm
The fifth plank of the Communist Manifesto states,
“Centralization of credit in the hands of the State, by means of a national bank with State capital and an exclusive monopoly.”–Karl Marx and Friedrich Engels, The Communist Manifesto, Bantam Books, New York, (1992), p. 42.
Any questions, boys and girls?
November 18th, 2008 at 1:28 pm
This is bull. Bernanke knows. He’s lying to the people, and he knows it. The reason he could care less, is because he is prepared for what is coming. He knows of the secret hideouts for the members of Congress and other high ranking individuals such as himself when the Depression hits. He doesn’t care, he’s just buying time. It’s sickening.
November 18th, 2008 at 1:33 pm
No worries, bring on the lies, continue robbing us blind and enjoying witnessing us watching you do it. Not aware, distracted, a chemtrailed sleepy fatted flock. Think again creeps. We are ready, armed in ways you have nightmares about. Until the day, slither on in Pentecost 2012……….I never liked snakes or demons much. Regards from Enoch. the sheered sheep and elohim. Love to all others and whatdoesitmean.com uaff.us stevequayle.com and infowars for the latest fun and smirks.
November 18th, 2008 at 1:37 pm
Look at Bernanke’s eyes. Glazed and half asleep. Either drugs or hypnosis. Obviously a controlled puppet.
November 18th, 2008 at 1:37 pm
Liar, liar pants on fire! Bernanke must be the most stressed out person on the planet.
Dr. Paul is “The Man”!!!!
November 18th, 2008 at 1:55 pm
I was watching this on Fox and when it came time for Paul to speak they put him in a small box at corner of screen and cut the sound and talked about other crap of no importance while while Paul spoke. They don’t want anyone to know the truth, they are all a bunch of liars and thief’s and should be hanged. When is the American people going to grow a set of ball’s and march on Washington.
November 18th, 2008 at 2:20 pm
Bernanke doesn’t even care anymore, did he ever care? He’s aloof because he knows he can blow off any reasonable question without any recourse.
Good old Ron Paul sounds desperate as ever, as he should since he’s the only one around there that gives a damn and he can’t seem to get anyone else to wake up, I’d sound that desperate too.
November 18th, 2008 at 2:42 pm
I had sombody tell me they were greedy out of necessity. That just means it is necessary for them to be greedy. These people just don’t want to see the light that the smorgessboard of wealth will soon end.
November 18th, 2008 at 2:47 pm
Desperate times call for desperate measures. I say go for it Congressman Ron Paul. That’s why you were elected in the first place. It’s about time someone represented “we the people” and not they the corporations and special intersted groups. It’s time to hold the FED accountable to we the people who used to be we the colonist who fought for the right to our OWN currency. President Andrew Jackson said it best… in reference to the bankers at the state of his administration: “You are a den of vipers and thieves. I intend to rout you out, and by the Eternal God, I will rout you out.” I would like to see Congressman Ron Paul pick up where Congressman McFadden left off 75 years ago. I for one support the preservation of the U.S. dollar. However, if we don’t begin the process to appeal the Federal Reserve Act of 1913, we’re all talk and no action. I’m all for peaceful protest. Let’s take control of our currnecy. How dare Wilson and Roosevelt sell out the American people to European bankers. How dare our educational system keep the truth from us all these years. How dare the media continue to black out conspiracies going on right under our very noses. How dare our elected committee members continue to allow chaos to reign over control by accepting PAC money. Let’s vote on eliminating PAC contributions to committees. The Ways & Means Committee took in a hefty 25 million in 2008 from PACs. Is that like a bonus for not doing their jobs? Let’s do this one in honor of Congressman McFadden lest his untimely demise be in vain. On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON. The petition for Articles of Impeachment was thereafter referred to the Judiciary Committee and has YET TO BE ACTED ON.
November 18th, 2008 at 2:51 pm
Today i was in court to pay a ticket, as i pulled a $100 bill out i looked at it closely and the clerk asked in a joking manner “Is it real?” I replied “No” she laughed and i explained that the FED is a privatly owned bank and that just talking about this stuff gets you killed in america, i went on to tell her to read up on american history especially Lincoln and Jefferson, to better understand what is going on today. I know this was dangerous, But guess what… i rather die today having spoken up, then live forever with my mouth shut!!! And I’ll continue to speak up, alittle more everyday, to complete strangers.. I hope you all do the same.
November 18th, 2008 at 2:55 pm
So “Bendover” Bernanke say the dollar is strong huh? Well Benny, why don’t you personally pour all your assets into paper, just as a sign of good faith. Then we might believe your punk@ss.
November 18th, 2008 at 3:04 pm
I wonder how these liars sleep at night…knowing that they are deceiving the masses. Some of us can’t be deceived though.
November 18th, 2008 at 3:18 pm
Noooooo not Stilitz again! Enough with Stiglitz!
November 18th, 2008 at 3:28 pm
What a liar Bernanke is! The so-called G20 meeting was called for by Europeans (according to many EU leaders) and replacing the dollar as the world reserve currency is one of the top priorities here in Europe and elsewhere. Yet no one mentioned this during the meeting? Bernanke is pulling your legs.
November 18th, 2008 at 3:49 pm
Is it me, or does Bernanke look like a crazed lunatic in the above picture? Something is going on in those eyes besides answering the basic question.
For example, I believe, not only have they discussed an international fiat currency, but those evil banker motherfuckers have also discussed “what to do with the Ron Paul situation.”
I sincerely hope Ron Paul is taking precautions.
November 18th, 2008 at 3:59 pm
We know what is going on, we know who the bad guys are. What are we waiting for?
November 18th, 2008 at 4:34 pm
0:22
“It looks like we’re spending a lot of energy and a lot of money trying to patch a system together that is unworkable.”
Dr. Paul strikes again. How dare he suggest that our economic systems don’t work!
It’s time to abandon this system that enslaves the working economy and steals money for the owners of the Federal Reserve System.
Click below to learn about a new currency that you can use as an alternative…
Don’t fight the system:
Replace it
http://socialviability.com/
November 18th, 2008 at 4:48 pm
http://ca.youtube.com/watch?v=bh43hMPb2Ms
November 18th, 2008 at 4:49 pm
the new currency
the carbon credit.
November 18th, 2008 at 5:05 pm
I am never suprised at the endless answer that we here,why don’t we just put the fox in the hen house,or ask a republican that just lost a race what do the republicans need to do to get back in power.These guys have not got a clue.Answer/you can’t spend more than we make.What is so hard about that?
November 18th, 2008 at 5:09 pm
What we need is an intrest free independent currency, like Lincolns GREENBACK DOLLARS.
November 18th, 2008 at 5:23 pm
Clearly, the financial crisis was engineered by the financial powers-that-be…way more in control of things than Bush is, or Obama will be…to usher in a global currency. Next step is one-world government. Think it can’t happen?
November 18th, 2008 at 5:23 pm
Executive Order 11110 needs to be enforced and arrest these damn bankster criminals!
November 18th, 2008 at 5:29 pm
No system can work when it is corrupted. Our system worked fine until all the regulations were removed, and banks were able to not only over leverage their true assets, but lend money to home owners it knew could not repay the loan. Then as quickly as the ink dried, sell that loan to another company before they can figure out what is really going on. As long as this can continue to happen, the system will be broke.
I know it is broke in many many other ways. What I am saying is that we did just fine through the 60’s all the way to when our current leader got into power. Now all of a sudden our system is broken?
What a bunch of crap. If it was broken, why did it take 8 years of our fearless leaders to run it into the ground? We were in the green, not the red when our current administration got in.
The checks and balances that are in place assume that every player is not corrupted, or at least the vast majority of them are not. It does not matter how many times you re-create the law, as long as it is corrupt, it will never work.
The vast majority of the people believe that there is no way corruption could occur in our country because “the news would be all over it”. They do not understand that the news is owned and operated by the very folks robbing the Treasury, money we do not have, and interest on that.
It will take a major wake up for most people to wake up. The smart ones are in denial, the less smart will defend what is happening until it is too late.
Ask yourself, based upon what you see and hear in daily life, do you really think people are going to band together, and demand real change? It wont happen until the Fat Lady Sings.
November 18th, 2008 at 5:32 pm
No system can work when it is corrupted. Our system worked fine until all the regulations were removed, and banks were able to not only over leverage their true assets, but lend money to home owners it knew could not repay the loan. Then as quickly as the ink dried, sell that loan to another company before they can figure out what is really going on. As long as this can continue to happen, the system will be broke.
I know it is broke in many many other ways. What I am saying is that we did just fine through the 60’s all the way to when our current leader got into power. Now all of a sudden our system is broken?
What a bunch of crap. If it was broken, why did it take 8 years of our fearless leaders to run it into the ground? We were in the green, not the red when our current administration got in.
The checks and balances that are in place assume that every player is not corrupted, or at least the vast majority of them are not. It does not matter how many times you re-create the law, as long as it is corrupt, it will never work.
The vast majority of the people believe that there is no way corruption could occur in our country because “the news would be all over it”. They do not understand that the news is owned and operated by the very folks robbing the Treasury, money we do not have, and interest on that.
It will take a major wake up for most people to wake up. The smart ones are in denial, the less smart will defend what is happening until it is too late.
Ask yourself, based upon what you see and hear in daily life, do you really think people are going to band together, and demand real change? It wont happen until the Fat Lady Sings.
November 18th, 2008 at 5:32 pm
The Federal Reserve must go! Ron Paul is right again & again!
You know all those pesky return envelopes you get in your junk mail? Why just discard them? Put truth flyers, pamphlets, cards, stickers, etc., inside & mail them back the gift of knowledge!
November 18th, 2008 at 5:34 pm
Wow, go Paul go…. It amazes me how many people are really in the dark about where we are. Finally a politician that knows how our Federal Reserve impacts us in every facet of our life.
I love that Paul wants to abolish the Federal Reserve being that the Federal Reserve is not a part of our Federal Government in any way. They are no more Federal Government then Federal Express. Most people do not realize or have never researched that the Federal Reserve is a private bank that lends money to our Government and that the amount that we pay in taxes goes to pay the interest on those loans. The government has an agenda for a one world order (government) (currency). If we dont stand up to them and make our voices heard that we do not want a one world government-we will look like China. No more home of the Free…..Fight Ron Paul Fight
November 18th, 2008 at 5:38 pm
Just like the trades that use manuals for information to perform they’re jobs
often refer d to as a plumbers bible, and etc.
We Prison Planet followers need a similar type of manual for reference
or knowledge base to help fight the NEW WORLD ORDER.
We could call it NWOapedia.
November 18th, 2008 at 5:38 pm
woah, sounded like bernanke admitted a big one with a big grin at the end. to me, it sounded like he admitted the central bankers want to run up the price of gold by devaluing the currency so they can dump their reserves of gold for profit.
November 18th, 2008 at 5:40 pm
the idea is that outside interests buy our debt at a higher intrest so that to pay it back we need more money than whats circulated…so they print more money at a higher interest rate starteing a snowball effect of debt…who do we owe? world bank, imf..etc….then later they will offer a new currency probably like “5 oldbucks equals 1 newdollar”
a loaf of bread cost 50 oldbucks but only 2 new dollars…stifling our “independent” economy
or offering incentives to accept the new(cashless) currency like “get 50,000 new dollars for switching to the new standard” causing people to accept the idea then spend lots of new currency inflating a new world economy
FIGHT THE NEW WORLD ORDER!!!!
November 18th, 2008 at 5:44 pm
Yes, removing the Federal Reserve System is a good start. But that does not fix all the corruption and current issues this country faces.
It does not fix all the “toxic debt”, the “predadory lending”, the “over leveraging” of banks on their assets, not to mention about a half million other issues.
Even if we pulled all our Troops out, removed the Federal Reserve, and starting printing our own money as a country, where would we get the assets to back that currency?
As a Nation are broke, and Congress has borrowed its citizens into slavery! Its not like we can look to any Industry to pull us out of it either. Our companies who made themselves who they are sold us out to foreign countries where labor is cheap, and taxes are good.
November 18th, 2008 at 5:58 pm
I agree with you 100% Ranib. Lets get rid of the Federal Reserve and switch to the Greenback!
November 18th, 2008 at 6:11 pm
Give the filthy liars hell Dr. Paul!
(click my name for music that matters)
November 18th, 2008 at 6:16 pm
i don’t know about you guys, but i watched the entire senate debate today, Ron Paul did confront them on these plans, but furthermored, 20 minutes b4 Ron paul had the floor, another senator had the floor. He basically said that CityGroup bank had approached him and told him that the Fed had specifically said that they could not get money as they weren’t gonna let it happen. Furthermore the Senator also said that other rival banks were given bailout money in a attempt to buy out City bank (which now is going to have to lay of 52000 people, about 15% of their workforce). I don’t know why Prisonplanet is not reporting on this as these types of accusations could bring forth impeachments on people and instituions that are doing these “shakedowns” this is bullshit, why isn’t the media (corporate or alternative) beating this horse with fury???? i’m getting really fed up with shit.
November 18th, 2008 at 6:18 pm
and also #45, i did notice the grin he made to Ron Paul this morning, fuckin cocksuckers, you know after something like that, those pricks know exactly where Ron Paul was going and are just basically flipping him the bird withought lifting their middle finger, i wouldn’t be surprised if they start assasinating their oppositions in the near future
November 18th, 2008 at 6:28 pm
Dick Cheney indicted in Fed Prison
http://www.nbcdfw.com/news/us_.....Texas.html
November 18th, 2008 at 6:41 pm
Pretty funny…he said they’ve never talked about it!
November 18th, 2008 at 6:42 pm
WOW, a grand jury has indicted Cheney
here is another mainstream (corporate) news outlet
http://politicalticker.blogs.cnn.com/
November 18th, 2008 at 6:45 pm
diary of a madman……..
http://ca.youtube.com/watch?v=bh43hMPb2Ms
November 18th, 2008 at 7:03 pm
who wast thou knave behind the honroable DR Paul the court jester mayhaps check out his body language watch the eyes
November 18th, 2008 at 8:05 pm
Ron should ripped a big fart, maybe those two jerk off’s behind him would have scrammed..
He could have also put a few dozen cheeseburgers out in the lobby, I’m sure the guy with the glasses would have been all over them like flys on a turd.. would have bought himself a few quite moments to ask his questions..
Thanks for holding their feet to the fire Ron- A true patriot!
November 18th, 2008 at 8:26 pm
Go Ron Go! Go Ron Go! The real prez please stand up…
How come people now look at Bernake with pure bewilderment? Is it because financing debt with more DEBT on top doesnt really make any sense as Ron Paul stated over and over in the debates? Funny how time flips things around and shows the true nature of the beast. Yes we can Bail-Out just about every industry in the US, and No it will not save us in the end…
Talk about a Bubble, you pour Billions to over inflate the market of a commodity… lets say Oil and when it crashes everyone goes BOOM! Keep up the endless pressure til we finally get rid of the FED as JFK envisioned for American Freedom from foreign influences…
November 18th, 2008 at 8:33 pm
New economy possibility. See http://www.nesara.us
November 18th, 2008 at 8:56 pm
Boosh!
November 18th, 2008 at 9:02 pm
“where would we get the assets to back that currency?”
I’ll answer that. We can use gold, silver, copper or a mix of them or nothing at all. Truth be told, we dont NEED anything to back it since we have nothing behind our toilet paper currency now. At least if we print our own, we don’t have to borrow it from the Fed at interest. Let’s just go back to the system we had at our founding or the Green Backs etc. We survived just fine throughout our history without being slaves to a private central banking syndicate. I personally favor a silver standard, but i’m far from a currency expert. Any system will have draw backs, but none like what we slave under today.
November 18th, 2008 at 9:55 pm
It would be nice to ask Bernanke that with three trillion dollars missing, how many Federal Reserve Notes are there in circulation?
November 18th, 2008 at 9:57 pm
Bernanke=Crook.
November 18th, 2008 at 9:58 pm
I have to call bull.
How could the “Austrian Economists” *possibly* “predict” all this, if they don’t even acknowledge it is impossible to maintain a circulation subject to interest without multiplying debt in proportion to the circulation until we suffer terminal debt?
That’s the process which is responsible for the crisis. The Austrians?
They ADVOCATE interest!
Hah! “Predict” my you-know-what.
November 18th, 2008 at 10:06 pm
NESARA?
“There is, RIGHT NOW, a law on the books that when announced IMMEDIATELY Improves YOUR LIFE!”
Sure. NESARA is a late-comer with no proof of solution. They advocate lower interest rates (or at least they used to). *Any* “profitable” rate of interest however inherently multiplies debt, because to maintain a vital circulation, we must re-borrow whatever we pay in the way of principal and interest as subsequent sums of debt, which are inherently and irreversibly increased therefore so much as periodic interest.
Do you want your “economic” failure to just occur over a longer timespan? You have to eradicate interest if you want to avoid failure under terminal sums of debt (our present issue).
Some folks have tried to disprove our proof of a singular solution (mathematically perfected economy). Our pages provide invalidations of all those attempts. You should have a look, if you want to understand the issues and bona fide solution.
November 18th, 2008 at 10:16 pm
Okay, guise…
Ron Paul was talking about a GLOBAL RESERVE CURRENCY… Not a ONE WORLD CURRENCY
STOP the damn FEARMINGERING and SPIN, It’s making this website look not very credible anymore.
November 18th, 2008 at 10:36 pm
Ninja,
If a return to the gold standard is credible, where’s the gold; how will it provide to sustain all the industry we would otherwise be capable of; how will it arrest multiplication of debt?
Credibility is a matter of dotting all the i’s and crossing all the t’s. If you aren’t conducive to that, you aren’t conducive to credibility.
November 18th, 2008 at 11:25 pm
Once again, Ron Paul makes uncle Ben his chick! If Benanke were Pinnochio, his nose would easily touch the moon by now.
November 19th, 2008 at 12:25 am
Ok.. There are two things in this video. !!! Ok, so both people on Ron Pauls Background, checked their celphone as if they were text message, and after that they started laughing, What Ron Paul was saying was really important. But because of so much movement and the chubby guy laughing in the back you easily loose your attention to what is really important. !! This is crazy and i dont know if it was planned but it definitly works to divert your attention.. And the other thing is really Ben stop all the abuu du adu dbmm ma only in terms of sale they are mdd duu planning. !! Pinochio nose reached jupiter no just the moon. !! ..
November 19th, 2008 at 12:26 am
Paul: “Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent commentary, Intelligent question.”
Bernanke: “Bullshit”
November 19th, 2008 at 4:16 am
Start your own banking system…is it that far fetched that 500,000 people are all so flat broke???
Stop the blame game…99% OF COMMENTS ON THIS WHOLE SITE ARE …………THEY ARE COMING TO GET YOOOOOU fearmongering …..1% ARE what action people took beyond survivalist end time self-flfilling prophecy…IF THEY ARE GOING TO TAKE OVER IT MEANS THEY HAVENT YET SO THE TAKE OVER ISNT SET IN STONE SO GET OFF YOUR BEHINDS.
You see those NWO planners … do more than ask questions or bullhorn STREETS or buildings…
Stop talking about how fixed the society is…if you know its broke…fix it or create a new one…..ANYONE EVEN READ THE AMERICAN DECLARATION OF INDEENDENCE?/.
Oh silly me…this is the place where it all goes on out there but its dealt with in the survivalist bunkers…or in peoples heads.
November 19th, 2008 at 4:29 am
The primary point, I find, is that
THE BANKS ARE BEING EXCHANGED (SELLING/SOLD) WITH ONLY GOLD BACKED SECURITIES … READ GOLD BACKED SECURITIES ARE THE EXCHANGE FOR BANKS SELLING TO OTHER BANKS, THE ASSETS/COMMODITIES OF REAL VALUE
Or, did I miss something?
Could this be the actual buoy in the rise and fall of GOLD?
Who decided to add the L to GOD, anyway … and then decided it was the exchange to be rich on earth. How silly are we in this day and age, I wonder.
Anyway, it appears the banks are trading in gold, to ascertain true value in the world of “money/riches.”
Also, the countries are positioning themselves as “powerful” by the military and but of course, nuclear threats of total annihilation (whose is bigger and better and all that dumb ass stuff), BUT IT IS ABOUT THE GOLD, in reality. Yes indeed the paper reserve note monster did its best in covering the economic and other ships of state, so to speak, globally - in the invisible cloak of debt dressed up as credit for free. When indeed the credit for free turned out to be a highly complex system of digital insanity until the wheel stopped at no more turns.
Those who “created” this debt/credit/compound-interest/ eternal slavery to insane predatory cannibals, happen to be one and the same of our species - believe it or not.
But, I digress.
It is about the gold and those who are positioning to be the only ones on the planet, once the final showdown at the OK Corral opens the curtain — after all, the show must go on.
Too much Hollywood for those who thought they could play God of imaginations, each and every one human on earth. Scary to THEM, the Bernankes, et al., that so many Goyim are also smart and can think and even figure out what’s going on.
No, he says, just like they have always said: no, we do not lie, cheat, steal, mass murder, cause wars without end to be what our idea of GOD is. And so on. No, we who have usurped the United States and destroyed its Constitution are not duel citizens of Israel with definite loyalty first to the State of Israel (and what this means is the PROTOCOLS OF ZION are running the show, whew).
GOLDEN CALVES. These folks still think it is the time of the Golden Calf and they worship it with the same vigor and superstition that they had when dancing around sick with the greed of insatiable criminal insanity.
Time to come into the modern world Mr. Bernanke, Agent of the cult Israeli-Zionism. Begin with telling the truth — depopulating the Goyim for the Zionists is not favored by others and your cultist family with all its zombies isn’t enough yet to complete the hostile full spectrum take-over.
Russia, et al., do not want to be farmed like animals not human. And furthermore, the Russian people as well as many of the other people of the earth who are not of the same mind set, or idea, about superiority in DNA/genes as though a more special GOD chose to separate from itself as a god of earth (think “Satan?”), and Ben with his merry group of gentlemen, those who tell him to just stare into the headlights, play poker faces while stabbing their mother (America) in the back and taking bets on which way she’s gonna fall.
Me thinks we’d best study the hidden history of angered reptiles, and what do these critters do to the unwanted.
Reptiles when trapped and ready to be exterminated (as should be done immediately when these slimy predators are discovered) always look like the dumbest faces, a saying like: “a deer in headlights.”
November 19th, 2008 at 5:58 am
A very obvious liar.
November 19th, 2008 at 7:36 am
The most things that scare the thugs, neo conservatives, are the true when it become availabe to the public. The brave stances of the men and the women in the congress need all kind of the support in order they go after those thugs and expose them all in every means to the public.
November 19th, 2008 at 8:33 am
I’m sure Ben Bernanke was shaking in his boots! Oh no, a congressman is asking a question. Should I pee my pants now or later?
Why isn’t the president asking these questions, he’s still on the clock you know. You remember, that bush guy, or has the fluoride in the water completely rotted everyone’s brains? That guy that everyone elected for how many concurrent terms?
I guess he is too busy making his xmas wish list. Hmmmm, how much coke can he buy with his share of $2T?
November 19th, 2008 at 9:12 am
Since 2000 I calculated gold has been climbing at roughly 15% a year on average.
I can’t imagine any bank selling gold now or anytime soon. Why not keep it and get a safe 15% return? Things are certainly uncertain now as you never know who is going to fail next.
In fact I think they are using taxpayer money to hoard gold.
In any case Bernanke is not required to answer any of these questions, and so he may have been giving rote procedural answers or just not answering the question.
November 19th, 2008 at 9:56 am
Bernanke is a supercriminal, just look in his eyes and face, what a cold, the face of the devil
November 19th, 2008 at 10:03 am
OK, when you are lying through your teeth, you pull a certain face, you know how an expression like that is called, a “bernankeface”
November 19th, 2008 at 10:11 am
If Bernanke was intelligent and honest he would say, ‘well, yes, it has been discussed, we’re looking at all options, we’re looking at whats best for the country’. But he can’t. He’s just a puppet. He’s not sure what his lords and masters would allow him to reveal so he denies everything. Other world leaders are discussing it openly but its never been mentioned in Bernanke’s presence. Ha ha. Does he think we are totally stupid? No, he’s the idiot!
November 19th, 2008 at 10:29 am
HENRY PAULSON and BEN SHALOM BERNANKE, THIEVES IN THE NIGHT AND DAY:
http://www.globalresearch.ca/i.....;aid=11042
“… Chinese and Japanese intelligence agencies that look closely at financial malfeasance are alarmed that the Salomon division of Citigroup has managed to take over all of Lehman Brothers’ viable assets, leaving the U.S. bankruptcy court holding the debt of the failed securities firm. Lehman Brothers filed for Chapter 11 bankruptcy on September 15, 2008. Lehman had borrowed billions from two Japanese banks — Nomura and Sumitomo Mitsui — to stay afloat. Our Asian intelligence sources report that the Salomon division of Citigroup engaged in a massive fraud scheme with the connivance of the Treasury Department of Henry Paulson and the Federal Reserve Bank of Ben Shalom Bernanke.
November 19th, 2008 at 11:15 am
It’s good to see Ron Paul asking hard questions.
November 19th, 2008 at 12:18 pm
These bastards murder us, does anyone thing they wouldn’t lie?
What get’s me is that cretins can openly confess to breaking their word to congress, not give accountability as to where or how the money is spent and get up from the table and walk out the door without being arrested.
November 19th, 2008 at 9:37 pm
The problem again is Congress, they voted for the federal reserve, they need to vote things back to having a dollar backed by gold.
That means we need to write and push Congress and keep it up and not stop till they finally listen. They make us keep hammering them before they get the message.
The elite have Congress in their pocket.
November 20th, 2008 at 12:13 am
We don’t want your toilet paper money.
November 20th, 2008 at 8:32 am
History repeats itself, only because we suffer from Selective Memory Syndrome(SMS). Remember the three big financial dibacles orchastrated by England towards the end of the 19th century, in thier bid to gain world wide control of trade, commerce and finance. They were:
a) The North Sea Exploration
b) Tulip Mania
c) Boston Tea Party.
Each of these had a direct manupulative hand of the British Raj.
Now they are playing the role of a Consultant to the USA and are orchastrating the present financail crisis, with a very specific hidden agenda. The only difference is that in those days mass communication was not possible therefore they sustained with their mis-deed for more than 60 years, i.e. up un til the end of the WWII in 1945. In the process they ended up with two World Wars.
Days have changed and the world is now very small in terms of communications and technology. Therefore all those old NeoCon strategy are bound to fail much faster than they think.
Instead of Gold there should be a basket of 10 or 12 currencies for the international settlement of all transactions, transfers and payments. Each country’s Treasury and Central Bank can determine the demand and supply for their own budget, fiscal plan and GDP purpose as to which currency they want on a weighed average basis and depending on their individual import, export and current account deficits or surpluses, then determine which currency or blend from among the 10 or 12 currency they want to deal on a transaction by transaction basis or on Macro demand /supply basis for each. The only guiding factor would be a minimum cap for buying / selling of the settelement currency(s) and that can be in terms of an unit of say 1mm of the currency in the basket or blend thereof.
November 20th, 2008 at 7:04 pm
go back to the gold standard? Hello? where is the gold? It’s gone dude, gone. there is no gold. It was all taken by the banks and fed reserve long long ago, and nixon was caught selling it to europe in the 70’s. Gold standard will never happen. Fort Knoxx is an empty vault.
November 21st, 2008 at 2:51 pm
Gold system would benefit the bad guys too much since they have all the money and stole all the gold…
November 21st, 2008 at 2:54 pm
“Sales of gold the banks are planning?”
November 21st, 2008 at 3:06 pm
That came across as a threat to me………
“Sales of gold the banks are planning?”
When do these guys ever tell us what they may be up to.
They fear GOLD!!!!!!!!!!!!!!!!!!!!!!!!! $IG TIME!!!!!!!!!!!!!!!!!!!
November 21st, 2008 at 5:58 pm
Screw central bankers, prepare for civil war.
November 21st, 2008 at 11:14 pm
Heads will be rolling in the streets soon.
November 22nd, 2008 at 6:30 am
Look at Bernbankies face above. It may as well be a brick wall.
November 22nd, 2008 at 9:00 pm
Zionist / Freemason pigs!!!!!!!!!
November 23rd, 2008 at 8:22 am
“Poker face” Bernanke (guess you have to be when you’re getting away with murder).
November 24th, 2008 at 3:47 pm
the bottom line one way or another if they will procced with the new world order one way or another history will repeat itself and their will be new anti grupes wich one way or antother will wack em. these radical grups will destroy these ppl and will make a reset just like it happen in russian back in day. the russian goverment seperated between the rich and poor and, look what happen. so their rign would last only short while until ppl would reunite.
November 24th, 2008 at 4:27 pm
Sigh…. Gettin paranoid and I hear my Glock clickin
November 24th, 2008 at 4:48 pm
Bernanke is the face of evil, just like Paulson and Kashkari.
November 24th, 2008 at 10:37 pm
LET THEM EAT CAKE,THEN CHOP HEADS
November 26th, 2008 at 1:41 am
of course he has a pokerface he doesnt have to say anything he has no oversite.
November 28th, 2008 at 7:35 am
I can see Satan is working hard for he knows his time is at end, I wish you can all be prepared, included me
January 14th, 2009 at 6:25 pm
Ron Paul, you are the TRUTH!
Keep it up!
February 13th, 2009 at 2:25 pm
Who is that asshole in the background when Ron Paul is speaking? I’ve seen him before with a floppy hat on acting like a retard.
February 28th, 2009 at 11:07 pm
You fat f&$ks behind Ron Paul need to sit sit down and shut the F up when he is talking.