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Dylan Ratigan With Ron Paul "The Banking Infrastructure Is Trying To Protect The Secrecy Of The Federal Reserve"

Tyler Durden's picture





 

Tommy Mottola must be considering signing a record deal with the lately omnipresent Ron Paul.

Incidentally, from Ben Bernanke's ongoing presentation to the House committee, when asked "How does providing factual info on Fed discussions compromise the Fed", Bernanke had this highly illogical reponse:

1. It would inhibit discussion.

2. It would inhibit the provision of information.

3. It would implicity provide the sense that Congress was second-guessing or trying to overrule the FOMC's decisions.

Did Wall Street chip in for the prompter on this response? The absurdity of Bernanke's answer would likely provide Lewis Black with hours of stand up entertainment fodder.

 

 


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Wed, 07/22/2009 - 12:28 | Link to Comment Anonymous
Wed, 07/22/2009 - 12:30 | Link to Comment Tyler Durden
Tyler Durden's picture

oops. too much italian talk around here today.

Wed, 07/22/2009 - 13:12 | Link to Comment Raymond Shaw
Raymond Shaw's picture

Tyler,

Did you notice how Bernanke avoided Bunning's question on what the FED does not want audited at the FRB?  The question was silently passed over with a stupid reply.

I would suggest CSPAN for anyone who watches these hearings on Bloomberg or CNBC; both of these channels have an attention deficit syndrome.

Wed, 07/22/2009 - 12:37 | Link to Comment Anonymous
Wed, 07/22/2009 - 12:44 | Link to Comment Gilgamesh
Gilgamesh's picture

Let the Ron Paul - Controlled Opposition or Whistleblower? discussion go mainstream.

Wed, 07/22/2009 - 21:07 | Link to Comment agrotera
agrotera's picture

I do love Ron Paul, and i would have voted for him to be President, but what i just don't get is why doesn't he ever speak about the owners of the privatly held federal reserve corp?

D.Ratigan gave him the perfect chance there, and he only said the federal reserve board, and all the banks.  In his position, with the interest he seems to have, you would think he would want to educate the public on what the federal reserve actually is...

And, even if the Federal Reserve Act was revoked, there is no reason why the infrastructure and workings of the fed couldn't march on, just instead of private owners getting to keep "operating expenses" all profit would be kept by our government...the way it is, it seems our dollar is the pawn in a shell game.

Wed, 07/22/2009 - 12:47 | Link to Comment Anonymous
Wed, 07/22/2009 - 12:53 | Link to Comment Anonymous
Wed, 07/22/2009 - 12:57 | Link to Comment Assetman
Assetman's picture

This message is brought to you by the Mexican black market.

Wed, 07/22/2009 - 13:00 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:13 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:53 | Link to Comment VegasBD
VegasBD's picture

If a fat girl falls in the forest....do the trees laugh?

Wed, 07/22/2009 - 12:56 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:22 | Link to Comment ghostfaceinvestah
ghostfaceinvestah's picture

agreed.

Wed, 07/22/2009 - 13:37 | Link to Comment Gordon_Gekko
Gordon_Gekko's picture

Second that. And it's NOT nihilistic.

Wed, 07/22/2009 - 14:32 | Link to Comment Anonymous
Wed, 07/22/2009 - 15:42 | Link to Comment dnarby
dnarby's picture

+1

 

I've been saying we'll need to do an original JP Morgan style "scrap and build" of the monetary and financial system by 2012 for a couple years now...

Wed, 07/22/2009 - 13:05 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:06 | Link to Comment Danz Gambit
Danz Gambit's picture

Only 19 Senators on board? Its gonna be a long uphill fight getting this passed.

 

BTW - CAPTCHA is fucking retarded. Seriously.

Wed, 07/22/2009 - 13:24 | Link to Comment ghostfaceinvestah
ghostfaceinvestah's picture

I noted the difference in tone in the Senate vs House hearings (Bunning notwithstanding).  one of the moron senators from Florida was even asking when the private label RMBS market could be re-created.  stupid fuck.

 

The Senate is pretty clearly in the pocket of the elite.  Fully bought and paid for.

Wed, 07/22/2009 - 13:57 | Link to Comment VegasBD
VegasBD's picture

Long battle yea, but i remember saying theres no way RP would ever get even 30 house members to support it. And im a big RP supporter...

Wed, 07/22/2009 - 13:11 | Link to Comment Stuart
Stuart's picture

Fantastic Interview.   It is so blatantly clear that an audit is required that to argue against it is to condone hiding in the shadows and admits that your integrity and virtues are nothing but sinister.    Support Ron Paul and call your senator and congressman/congresswoman NOW and audit the Fed!   

Wed, 07/22/2009 - 13:23 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:25 | Link to Comment ghostfaceinvestah
ghostfaceinvestah's picture

though I gotta say, for all Grayson's faults, he had a great grilling yesterday.  Someone definitely fed him some good questions to ask.

Wed, 07/22/2009 - 14:01 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:25 | Link to Comment Anonymous
Wed, 07/22/2009 - 13:30 | Link to Comment glenlloyd
glenlloyd's picture

More pressure must be applied in the senate to get s.604 passed....some serious pressure

Wed, 07/22/2009 - 14:02 | Link to Comment Anonymous
Wed, 07/22/2009 - 14:41 | Link to Comment Anonymous
Wed, 07/22/2009 - 14:59 | Link to Comment Anonymous
Wed, 07/22/2009 - 15:03 | Link to Comment ShankyS
ShankyS's picture

Corker is one of the few I actually like. He tells it like it is IMO. A lot of truth can be found in this statement. While he may have a good point, it is not a good point. Bottom line is either way our govt fails miserably on any grading system. So what is the difference? Time? I'm with you in getting the truth out and ending this BS once and for all. 

Wed, 07/22/2009 - 16:32 | Link to Comment Anonymous
Wed, 07/22/2009 - 20:04 | Link to Comment Anonymous
Wed, 07/22/2009 - 20:54 | Link to Comment Joe Sichs Pach
Joe Sichs Pach's picture

At 4:30 Ratigan starts talking about what he likes in Obama - 'his rhetoric' about transparency.  He then asks RP what can Obama do to 'turn some of his rhetoric into more action' (i.e.:  actually doing something he says he's going do beside socializing everything) which was his 'argument for running for office'. 

Did Dylan really buy all that crap?  Does he really think that Obama means that? 

When are people going to wake the hell up and realize that 99% of these people say whatever they need to say to get (re)elected?!  They're predominantly a self-serving, self-protecting group of power hungry elitist liers who exempt themselves from the rules they make for the rest of us.  Can anybody prove otherwise?

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