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Ron Paul on the Housing Bill - “The Mother of All Bailouts”
Youtube
Thursday, July 24, 2008
Ron Paul talks about the bailout out of the housing industry and how it really just destroys the dollar and adds enormously to the debt.
Also, slipped into the bill, was the stipulation that ALL credit card transactions must now be reported to the IRS.
Details of today’s housing bill by Dr. Ron Paul:
- $2.5B line of credit to the Treasury (Fannie & Freddie – ‘F & F’) is now “open-ended”
o UNLIMITED – Treasury now allowed to buy all ‘F & F’ housing securities
o Congress no longer involved in appropriating funds (Treasury now does)
- National Debt Ceiling Moved up $800 BILLION (buried in the bill)
- Treasury Bills being exchanged for unwanted ‘F & F’ securities
o This is the asset which “backs up our currency”
o Value of these assets are depreciating
o Treasuries have replaced gold and silver to back US Dollar
- Solution breeds inflation
o Places pressure on the US Dollar
- Mortgage industry workers “will now have to be fingerprinted.”
- All credit card transactions will now be reported to the IRS.
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19 Responses to “Ron Paul on the Housing Bill - “The Mother of All Bailouts””
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July 24th, 2008 at 11:39 am
Alex Jones, you should really hold Dennis Kucinich to the fire a bit for voting for this bill? He is great on the war, but misguided or naive on economics.
July 24th, 2008 at 12:57 pm
I knew when I got up this morning that I should have grabbed my ankles and walked out the door backwards.
Congress is the Enemy of the State. Every time they get together, we get f^cked one way or the other.
Wake Up America - or just get on the bus.
http://www.cyberears.com/index.php/Show/audio/5265
http://www.prysonandpetrone.com
July 24th, 2008 at 1:30 pm
LMAO blindboy Paul was truly our last hope
July 24th, 2008 at 1:33 pm
The IRS is of the devil. Period.
July 24th, 2008 at 1:59 pm
Dr. Paul is one smart man. A long time ago, Greeks used to listen to smart men. Now people listen to idiots. Is there anyway to go even lower?
July 24th, 2008 at 2:09 pm
Well let’s just pray that we find a treasure of Gold to buy our country back from the feds when we finally drill for oil. God helps us, we need a creative miracle.
July 24th, 2008 at 2:15 pm
Now they are taking money from children too. I just got a letter in the mails saying on every 500$ I collect from my child’s father they are going to take 25 dollars out of that amount. New fees to take your money. I can’t believe the stuff they come up with to take money from people and now from single mom’s and children. 25 $ might not seem like much but you know that will just go up and up through the years. The funny thing is I don’t get child support. They have done such a great job collecting it my child’s father owes about 20,000.
July 24th, 2008 at 3:08 pm
The worst part about the bill, and the only reason that Bush is letting it ride, is becasue of an amendment sponsered by Sen. Fienstein of California. It sets measures to fingerprint individuals looking to apply for mortages. This is just another small step towards dictatorship and there will be more,let us not forget, Bush’s term is runnig out, he might wanna try to leave with a bang.
July 24th, 2008 at 3:24 pm
This is exactly what I’ve come to expect from the vast criminal organization known as our government.
I have a solution. Let’s give more power to the ass holes who caused this mess. Yes, that’s it. That will get us out of this hole they’ve dug for us to wallow and die in.
This will only slightly delay the inevitable. The total collapse of our currency and thus our economy. We, the people, get pink slips, foreclosure notices, our cars repossessed, and all of our other assets taken away from us. And they get new houses at the beach, country clubs, and mountain chalets.
What a nightmare our country has become. American dream? Hahahaha! American nightmare is closer to the truth. And the people of this country are powerless to stop it. Any action we take will precipitate the further destruction of any freedom we have left. Checkmate…we lose. Game over.
July 24th, 2008 at 3:51 pm
If you expect others to live by the light you ask to live in the dark. Truth as my witness each and everyone of us participates in one way or another. Remember, this is a cavern and not a home built by day. It will bury us all when the walls come down so look for the light at the end of the tunnel, then walk out.
July 24th, 2008 at 4:37 pm
Presumably once this starts, all foreign tourists will now be trackable to an extent given that most of them will use credit cards primarily -almost exclusively if you want to hire a car. So, not content with knowing where you are staying, who you might be visiting - basically requiring your itinery up front on entering the country, now they will know how much you spent, where you spent it and on what! By the time you are ready to depart the country they will know as much about your stay in the USA as you yourself. Nothing personal folks, but i’m afraid Disney and co. will just have to get by without our contribution. Whilst there are still countries that will welcome you without making you feel a criminal under 24/7 surveillance, then that is where we shall be heading, although i’m under no illusions that anywhere is completely ideal given some level of scrutiny. Anyway I doubt very much i’d get beyond the arrivals lounge with the comments i’ve made online about Bush and cronies over the past couple of years! What has become of the World when one starts to envy recently deceased relatives? They managed to get out just in time.
July 24th, 2008 at 4:58 pm
Get survival oriented, the Tribulation will begin this fall!
http://www.hismailroom.com
http://www.prophecies.org
http://www.spiritlessons.com
July 24th, 2008 at 6:46 pm
“…buried in the bill which a lot of the members weren’t quite aware of…” 1:37 LOL
So now our dollars are backed by f & f? Talk about passing the buck…what a load of horse shit.
Concerning the credit card surveilance act, what about my debit card with the visa logo? Is that going to be reported to the IRS each and every time I use it? How about when I wipe my butt? Is there going to be an RFID in my TP for my bunghole too?
There can only be one purpose to this madness: absolute information awareness on every person for control and pursuit of the NWO.
One thing that no one seems to mention about the credit card transaction stipulation is the fact that this is going to cause another strain on small businesses especially the mom & pop’s and (much more important) a control mechanism on every internet purchase (more taxes). It looks as though the government has finally given birth and legitimized web 2.0 and now they can really start to get to business. The Beast was born today and we got shafted (again).
July 24th, 2008 at 6:50 pm
Oh Yeah!!! The government is certainly “pumping harder.” However it has nothing to do with cash it would seem. It has to do with the collective backsides of everyone in the country. I used to think this was a great country. Not any more. I’m sad, ashamed and angry it has come to this. What will it take before we reach critical mass? And when it does how will the people organize with out big brother knowing. Where will first blood be drawn?
July 24th, 2008 at 9:26 pm
Why does the IRS need to know every credit card transaction? They don’t.
What possible connection to anything is that? Nothing.
Is this unwarranted IRS snooping? Yes.
Does this somehow increase national security or is it meant to? No.
Is this BS? Yes.
Could it be used to track people? Yes
Could it be used to get all the personal info about the users from the CC companies and use it against them? Yes
Could it be used to track purchase types and use it to label you? Yes
Will it be used to label some people as terrorists? Yes.
IS THIS WHY CASH IS TO BE ELIMINATED AS TENDER SOON? YES!!!
Does this help explain the crashing of the US dollar? Yes!
July 24th, 2008 at 11:52 pm
Maybe the reason for the goverment giving out more money/refinancing morgages is because
The Postman Always Rings Twice.
See here:
The News Behind The News
http://www.davidicke.com/forum.....p;page=661
I would check the web site and the new pages posted every day because their is some interesting information on them.
Today the page is on 663. It is updated every day so when the page if full, it goes to the next which would now be 664 if 664 were to get full.
July 25th, 2008 at 12:51 am
Hey FEMA camps here I come …
July 25th, 2008 at 2:14 am
This, is my 4th, post of a article i wrote, 1st on the FEMA DRILLS, but this piece hits home, so i’ll post it here. Hats, off the you, Charlie Reese, for you hit the nail on the head, as the saying goes: Well written & right on all POINTS: well, I’ve returned, from another post regarding Secretive FEMA Camp Drill Running In Iowa, LINK: http://www.infowars.com/?p=1988&cp=1#comments & sadly to say, there are allot of sheep in are midsts, & sheep get slaughtered. I have followed Alex Jones documentary’s for years, & he’s one brave patriot, trying to wake up a sleeping giant, with zero help from mainstream media. In fact they are his worst nightmare because they continually shoot the messenger, i.e. any truth investigative, reporter, which i can with out a doubt say, Alex, at least in the EX-Pac’s opinion gets a 5+ star rating, for his ground breaking news, & always telling the facts in a true light, for a non bias point. Even many of his celebrities i.e., guests, that have spoke out for the truth on his show, regarding the inside job of 911, to declare a Endless War on a GHOST, i.e. label terrorism, not a Country, thus allowing the Shadow GOVT. to spend trillions, & bankrupt America, well i’m sure anyone who’s aware, gets the picture, & if your not & you think i’m crazy, ok thats your right, but your children’s future freedom & Liberties rests on your ability to wake up, & stand up, against this insanity, for until, the patriot in all RED BLOODED AMERICAN’S, is not engaged, & we all stand up against this Tyranny, through information, the tyranny, will not stop, it will only continue to get worse. I’m overseas, now for i simply couldn’t stomach it anymore. & yes i was very loud & abused by the (FBI) the bureau of INJUSTICE, esp. division 5. i.e. Oklahoma , ring any bell, they did it. So for all patriots & other related issues, many have been brutalized by the Lying media, especially by that piece of garbage, Fox Host, O’Riely, what a piece of Media, propaganda garbage, comes out of this guys mouth & that entire Network as a whole. The Celebrities, i.e. Charlie Sheen, Ed Azner Mel Gibson & countless others. who tried where just crucified, by Mainstream 100% Controlled Corp. Lying Media. Again thanks, to Alex & countless other’s who work & strive to bring the Truth to so many & who are trying their best to save a lost Country from a bunch of nut case control freak Elitist, who think 80% of the Human Race needs to be eliminated within the next 5 years. Thank you also Dennis Kucinich, Willie Nelson, Jessee Ventura for your efforts these, people must be stopped, now this is the 12th hour ALL AMERICA, must stand up, Please you under Almighty God, stand up, for the U>S> GOVT, has been 100% UPSURPED, by a criminal element, & many in Congress i.e. the House & the Senate are 100% complicit, in this takeover of American Soverignity. The, Main Stream 100% Controlled Media, is all 100% part of it, WHY, because , if they bring down the U>S> & form the North American Union, then they will, begin World War, 3, trust me, this will happen very quickly & this is their the neo-cons Goal. So, i beg all, who, have chosen for what ever reason, not to engage, & stand up, to now engage, for if you don’t there are over 800 empty Forced Labor Concentration Camps set up all over the Country, for any & all, Citizens, who will not go along with the Soon coming Martial Law, & North American Union, & the New Currency. These, camps are also equipen with many brand new Industrial Ovens, GET THE PICTURE: This is all 100% Real: Please view these videos, & Wake UP, your family’s & your existance depends on it. NORTH AMERICAN UNION & VCHIP TRUTH: LINK: http://www.youtube.com/watch?v=vuBo4E77ZXo
Confession of a CIA Agent about FEMA - Important !!!!!!!: Link: http://www.youtube.com/watch?v.....re=related THE TRUTH ABOUT FEMA’S EVIL PLAN !!! IMPORTANT !!!!!!!!!!!!! LINK: http://www.youtube.com/watch?v.....re=related Fema’s Coffins for the American People !!! LINK: http://www.youtube.com/watch?v=od29Ece8OsE
I bet you never heard of Haarp? well view: http://www.youtube.com/watch?v=vuBo4E77ZXo LINK: http://www.youtube.com/watch?v=S3wQU2OTSWA This link to Loose Change Full Length, is the most ever downloaded video in All Internet History, WHY> because it tells, the only 100% factual & True facts regarding 911 & the beginning of the end of America, it’s final phase, to bring down the usa, & start a global war on a GHOST: watch & learn, it’s lenght is just over one hour: 911 Loose Change (full-length) LINK: http://www.youtube.com/watch?v=7E3oIbO0AWE
Now, on another, note, i strongly recomend all, get out of the us dollar asap, for the AMERO, currency soon to be upon all Americans will not be user friendly, i.e. digital, get the PICTURE: The, 4th only secret session, of Congress & the Senate, took place late, March, Note, ony 3 prior times in all America’s histroy, was there ever, secret sessions help, & all had very bad out-comes, well, WHY, because, they are threatened under national secretary, under, death, for violating the material, discussed, but, the material released was, so evil, & dramatic, a few of congress, has leaked material, to the over-seas media, it, involves, imminent martial law, by end of summer, the entire economic collaspe of America, both financial & has a country, i.e. 100% bankrupt. The iminent invasion of Iran, using nuclear, & the 100% expected Civil Unrest, against the Govt. Therefore, they will, be bringing all American Citizens to REX 84 Fema Consentration Camps, for any reason whatso-ever, if they don’t accept everything the Govt. does & tells them to do, get the PICTURE. 100% Dictatorship. also, they have SAFE, places for all Congressman & Senator’s & their family’s, for full retalitory measures are expected againt congress & all Govt. personal. OH, & finially, it was, told to them, that, America, to starve, off complete, disaster, would Merge with, Mexico & Canada, thus forming the North American Union, & the New Currency would be called the AMERO|||| So, if you’d like to get out of the u.s. dollar, now, visit: info@besttimedeposit.com or visit a friens web site, at http://www.pandastockpicks.com once, on site, schrool down to, three products offered, then click on the Five Year 100% Insured Time Deposit, just follow to FAQ’s Thanks, mj & sb & Panda Alex, if you happen to read, this i’d like to talk to you asap. if you’d like. Willie, i hope the entire music industry & all hollywood turns this into, the Woodsock Revolution, before we have No Republic, left. Message, to all Hollywood, stars & all Music Industry stars, sitting on the sidelines watching other’s i.e. the Dixie Chicks, Or other’s in Hollywood, take heat, is not any longer acceptable, this is the 12th hour, & all will, come to pass, in my opinion by Sept. We, must all, stand up, for United we Stand or Divided we all will Fall, please understand this.
July 25th, 2008 at 6:07 am
These types of videos are an exceptional resource for citizens. Bravo to the Ron Paul campaign for releasing them on a regular basis.