Filed under: Economy—US Dollar, Ron Paul | Tagged: depression, fed, recession, Ron Paul | Leave a Comment »
Ron Paul on G-20 Summit in Pittsburgh
Filed under: Ron Paul | Tagged: economy, G20, global currency, globalism, gold, New World Order, news, politics, recession, Ron Paul | Leave a Comment »
Ron Paul on the Federal Reserve, Bailouts, and AIG Bonuses
The problem is the Federal Reserve and the bailouts, not the AIG bonuses (as bad as they are–they are just a symptom of the corrupted system).
Ron Paul further explained these facts on Fox Business News earlier today (3/24/2009):
Filed under: Ron Paul | Tagged: AIG, Ben Bernake, bonuses, bubble, economy, Federal Reserve, Fox Business News, free market, housing crisis, inflation, interest rates, money supply, recession, Ron Paul, tax, timothy geithner | Leave a Comment »
CNBC Anchors Upset When They Unintentially Air Ron Paul’s Opening Statement to House Financial Services Committee
When you work at CNBC you just don’t want the unfiltered truth getting out across the airwaves (notice the reaction of the talking heads at 2:23).
Ron Paul said things like: “This is the end of an era. You can’t reinflate the bubble… it has failed” which is of course waaay too truthful to be shown uncensored:
Filed under: Economy—US Dollar, Ron Paul | Tagged: banks, bernake, CNBC, deflation, depression, economy, inflation, monetary policy, recession, Ron Paul, US Dollar | Leave a Comment »
Ron Paul: Nobody Knows Where the Bailout Money Went
This video is a couple of weeks old (I’m still catching up after the holidays) but still as relevant as ever. As Ron Paul says here: the lost bail out money is “business as usual”.
Filed under: Economy—US Dollar, Ron Paul | Tagged: bail outs, banks, economy, recession, Ron Paul, taxes | Leave a Comment »
U.S. Economy: The Philosopher’s Stone
Filed under: Economy—US Dollar, Ron Paul | Tagged: bail outs, depression, economy, Federal Reserve, recession, Ron Paul, taxes | Leave a Comment »
Jim Rogers: Elite Turning Recession Into A Depression
Filed under: Economy—US Dollar | Tagged: bloomberg, depression, economy, Federal Reserve, financial crisis, Jim Rogers, oil, recession, US Dollar | Leave a Comment »
Ron Paul: Don’t Bail Out the Auto Industry
Ron Paul gets it right again:
Filed under: Ron Paul | Tagged: auto industry, auto makers, bailout, banks, cars, debt, deflation, depression, economy, Federal Reserve, financial crisis, inflation, recession, Ron Paul, tax | Leave a Comment »
“Economists” declare recession began a year ago
An article on Marketwatch.com today notes that the recession began a year ago.
The U.S. economy entered a recession in December 2007, a committee of economists at the private National Bureau of Economic Research said Monday.
The economy reached a peak of activity in December 2007 and has been declining since, according to the business cycle dating committee of the NBER.
The government, academics and the private sector generally defer to the NBER’s judgments about recessions.
The committee does not judge a recession as two consecutive quarterly declines in gross domestic product; rather, it examines quarterly data along with four key monthly economic indicators: employment, incomes, industrial output and sales.
Employment and incomes peaked in December, industrial output peaked in January, and sales peaked in June, the NBER committee said.
The committee’s definition of a recession is as follows: “A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators.”
No kidding. Thats why I made this post a year ago warning about an impending recession (or depression). Seriously, how much are they paying these people?
The important point here is that with this admission there’s the underlying reality that pretty much every official government and media source has been either completely wrong or blatantly lying to us for the past year saying the “economy is great”. More analysis here.
Filed under: Economy—US Dollar | Tagged: 2008, academics, declare, economists, economy, government, National Bureau of Economic Research, private sector, recession, unemployment | 1 Comment »
Ron Paul: End of the Fiat Dollar
Filed under: Economy—US Dollar, Ron Paul | Tagged: banks, depression, economy, Federal Reserve, monetary policy, recession, Ron Paul, US Dollar, world currency, world government | Leave a Comment »
Ron Paul vs. Bernake 11/18/08
Filed under: Economy—US Dollar, Ron Paul | Tagged: Austrian economics, bailouts, banks, Ben Bernake, depression, economy, Federal Reserve, Paulson, recession, Ron Paul | Leave a Comment »





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