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Ron Paul To Ben Bernanke: "People Lose Trust In The Government Because You Lie To Them About Inflation"

Tyler Durden's picture




 

Anytime Ron Paul sits across from Ben Bernanke you know sparks will fly. Sure enough, they did: starting 3 mins 50 seconds into the clip below, Ron Paul, guns blazing, asks the Chairman if he does his own shopping, if he is aware of what true inflation is, and if he knows that Americans don't trust the government because they are being lied to about inflation. And it only gets better, once Paul starts brandishing a silver coin. The punchline: "The Fed will self-destruct anyway when the money is gone" - amen. And ironically letting the Fed keep on doing what it is doing will achieve that in the fastest possible way. In fact, letting the system cannibalize itself with no further hindrances may be the best option currently available - just go to town.

 

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Wed, 02/29/2012 - 15:27 | 2209173 ATG
ATG's picture

NSA go home...

Wed, 02/29/2012 - 12:40 | 2208332 Ralph Spoilsport
Ralph Spoilsport's picture

Bawney Fwank defending the Dark Lord. Priceless.

Wed, 02/29/2012 - 12:41 | 2208342 steve from virginia
steve from virginia's picture

 

Be careful of what you wish for you might get it.

 

If you wanna see a hard currency in action: Greece.

 

Hard currencies enforce resource conservation (and how)!

 

 

Wed, 02/29/2012 - 12:55 | 2208435 shortus cynicus
shortus cynicus's picture

With full respect, please stop repeating Chairman's view on Great Depression.

We all know that Great Depression and Greek problems are caused by flexible money. Talking about hard money AFTER bubble pops isn't very constructive.

Resource conservation is really great point. Current paper system literally destroys all resources without any sens or meaning. Hard currency imposes wise decisions securing future of our civilization.

Wed, 02/29/2012 - 13:23 | 2208581 AnAnonymous
AnAnonymous's picture

Made me laugh.

Because the currency system does not impose wise decisions securing the future of 'our' civilization?

Hollow phrasing that can cover everything and anything.

US citizenism is all about consumption.

Hard or fiat currency, it does not matter.

US citizens using hard currency ran out their nineteenth century Ponzi scheme, with their always more Indian lands to be stolen tomorrow.

Wed, 02/29/2012 - 15:26 | 2209171 ATG
ATG's picture

How many market crashes, recessions or depressions with full employment did the Fed create since 1913,

while reducing the gold/silver vlaue of the dollar -99%?

The Chair has no cotton clothes because cotton tripled in price with his nostrums...

Wed, 02/29/2012 - 17:40 | 2209886 akak
akak's picture

I am The Great Stoolman Mousy Tongue, and I approve this Chinese citizenism message.

Wed, 02/29/2012 - 12:41 | 2208348 Budd aka Sidewinder
Budd aka Sidewinder's picture

DAMNIT!!!  I thought when he was reaching in his pocket he was going to pull out a .357 Magnum and put a double tap in the breast bone then the finisher between the eyes.

Wed, 02/29/2012 - 12:43 | 2208353 SheepDog-One
SheepDog-One's picture

Bens arrived at the rubicon a bit early....more printing causes summer riots over $6 gas, no printing causes riots over tanking equity markets.

Flip a gold coin, Ben.

Thu, 03/01/2012 - 02:09 | 2211455 chindit13
chindit13's picture

"no printing causes riots over tanking equity markets"

True, but most Americans don't live in the Hamptons, though I'm sure many or most would tune into the gang wars between the Hampton Homies and the Nantucket Ninjas.  Heck, the catering to the combatants alone (bluefin cerveche, endive, arugula and walnut salad, black Iberico ham, etc.) could give the GDP quite a pop.

Definitely the lesser of two evils.

Wed, 02/29/2012 - 12:43 | 2208359 SmoothCoolSmoke
SmoothCoolSmoke's picture

Paul is good.  I like him.   If he only was a bit more "sliver-tongued" he been a lot more effective.

Wed, 02/29/2012 - 12:43 | 2208360 bobola
bobola's picture

Ron Paul, guns blazing, asks the Chairman if he does his own shopping, if he is aware of what true inflation is, and if he knows that Americans don't trust the government because they are being lied to about inflation.

What Bernanke is thinking;  "Thank God we don't include food or fuel in the CPI, or I would have to give a semi-genuine answer."

Wed, 02/29/2012 - 12:57 | 2208442 Shizzmoney
Shizzmoney's picture

What Bernanke is thinking;  "Thank God we don't include food or fuel in the CPI, or I would have to give a semi-genuine answer."

+infinity

Or the fact they never are 100% transparent about how expanded the money supply is.  You always seem to find out 5 years after the fact.

All you need to know: $1 in 2004 is now $1.20.  That's a 20% increase.  I can guaruntee you that 99% of Americans have NOT seen a 20% increase on their wealth in the last 8 years.

Wed, 02/29/2012 - 14:12 | 2208833 Boxed Merlot
Boxed Merlot's picture

What Bernanke is thinking...

 

Yet he has no problem with his own son having frn 400K in student loans?  What does this say?

Wed, 02/29/2012 - 12:43 | 2208361 Vince Clortho
Vince Clortho's picture

How many people actually believe the government figures on inflation?

Does anyone here know anybody who believes that steaming pile of manure?

Wed, 02/29/2012 - 12:46 | 2208376 kito
kito's picture

99.99999 percent believe the government figures.......we are at war with eurasia, we have always been at war with eurasia.......

Wed, 02/29/2012 - 12:44 | 2208366 dr.charlemagne
dr.charlemagne's picture

OT: I went long VXN today, what do you guys think? Are there better volatility ETFs?

Wed, 02/29/2012 - 12:45 | 2208368 tradewithdave
tradewithdave's picture

The Fed Is Dead and Dr. Paul is the unpaid and accidental undertaker.

www.tradewithdave.com

Wed, 02/29/2012 - 12:45 | 2208373 YesWeKahn
YesWeKahn's picture

Vote Ron Paul!

Wed, 02/29/2012 - 12:46 | 2208375 Lost Wages
Lost Wages's picture

When the silver shop opens in an hour, I'm gonna go Buy The Fucking Dip, Stack the Smack, etc.

Wed, 02/29/2012 - 12:48 | 2208385 aVian
aVian's picture

hope you guys bought this dip

Wed, 02/29/2012 - 14:18 | 2208864 LouisDega
LouisDega's picture

I already bought Apple. I will hold it till the day i die next month

Wed, 02/29/2012 - 12:48 | 2208386 bgilliam83
bgilliam83's picture

Man I love Ron Paul, but it's time for him to pass the torch, and not to Rand either. I would have fucked bernanke up here, but instead Ron beats around the bush and gives bernanke multiple easy outs. Why use a gasoline analogy when you could? have just straight up said this was $8 when you took over, now its $37!

We need someone MORE radical than Ron Paul. Fractional reserve banking is the issue, I don't even think it matters if you back that ponzi in gold/silver does it?

Wed, 02/29/2012 - 14:08 | 2208810 CrockettAlmanac.com
CrockettAlmanac.com's picture

Radical means to go to the root and that's precisely what Ron Paul does.

Wed, 02/29/2012 - 12:49 | 2208389 Audacity17
Wed, 02/29/2012 - 12:49 | 2208392 SheepDog-One
SheepDog-One's picture

RIGHT and meanwhile equities hardly effected....yea right. 

Wed, 02/29/2012 - 12:50 | 2208397 therealmonty
therealmonty's picture

Bernanke: "Oh shit, I didn't know silver:gas was over 10:1." texting Jamie Dimon: "Hey lover, can you sell some silver please, the free thinkers are doing a little to well right now." 

Wed, 02/29/2012 - 12:51 | 2208403 q99x2
q99x2's picture

Barney Frank. I purchased fish bait more useful than him.

Ron Paul stirring up the Globalists Agenda. Go RP.

Wed, 02/29/2012 - 12:52 | 2208405 eatthebanksters
eatthebanksters's picture

I love Ron Paul but I just wish he would slow down and speak more legibally...he loses some of his credibiity when he goes of script and in 5 different directions.

Wed, 02/29/2012 - 14:14 | 2208841 CrockettAlmanac.com
CrockettAlmanac.com's picture

I doubt the value of a speaking coach who suggests that a person should speak "more legibally (sic)."

Wed, 02/29/2012 - 12:51 | 2208407 undercover brother
undercover brother's picture

barney frank is such an assclown.  the financial system has become a gigantic ponzi scheme under his watch and all he wants to do is blow bernanke.  pathetic.

Wed, 02/29/2012 - 17:24 | 2209790 Temporalist
Temporalist's picture

Assclown is his favorite game.

Wed, 02/29/2012 - 12:51 | 2208410 earnulf
earnulf's picture

Give 'em hell Ron, Give 'em hell.   The rest of us who hold the physical know where our mattress money is and what it's worth.    Silver not only takes out werewolves and vampires, it's also good against PHD economists too!

Wed, 02/29/2012 - 12:52 | 2208411 Kaiser Sousa
Kaiser Sousa's picture

that bitch ass Barney fucking Frank...

what a fucking piece of shit...let me n 2 feet of his monkey ass and i'd slap the shit out of him...

hope ur reading this Fed's cause i dont give a Fuck....

Wed, 02/29/2012 - 19:51 | 2210341 BW
BW's picture

What if oil producers accepted silver for oil?

Wed, 02/29/2012 - 12:52 | 2208416 Piranhanoia
Piranhanoia's picture

Softball questions, nothing answers.   

Wed, 02/29/2012 - 12:55 | 2208428 mark mchugh
mark mchugh's picture

I'm really glad he brought up the taxes associated with holding honest money.

Wed, 02/29/2012 - 12:58 | 2208444 1971
1971's picture

To his determent, Ron Paul is to excited and way to passionate in front of the Bernank and cameras. Only the 1% of this nations population knows what he is trying to say. Please, Congressman Paul calm the fuck down, pick out a couple of your talking points and explain them in a way where you don't look like my uncle yelling at the waitress because his soup is to cold. I hate to say it but the Bernank is allot better composed. Ron Paul missed a glorious chance to help our cause.

Wed, 02/29/2012 - 13:16 | 2208549 PolishHammer
PolishHammer's picture

This ^

Wed, 02/29/2012 - 14:18 | 2208877 CrockettAlmanac.com
CrockettAlmanac.com's picture

Ron Paul has used his talents to good effect for decades. If you see a political or entrepreneurial niche for silver tongued Austrian economists then by all means make the effort to pursue that line yourself.

Wed, 02/29/2012 - 13:00 | 2208452 Grey-Ghost
Grey-Ghost's picture

When the puppet freak show Romney vs. Obama ensues the vast majority of boiled frogs (f.k.a. Americans) would eagerly take one (Repulsive's wing of the cleptocracy) or another (Despicable's wing of the same cleptocracy) side of the deck, totaly unaware they condone this fascist monstrosity and sink with it.

At the end that's all that matter - the people get (and deserve) what they were voting for.

Last night I suffered through Romney & Gingrich & Santorum platitudes after the Repulsive's wing charade ("primary", "caucus") and have also heard Dr. Paul's words. One can agree or disagree with him, but he at least spoke about crucial issues. Those other idiots? Empty talk devoided of any substance.

Than I looked at the results and the votes. Sapienti sat!

Wed, 02/29/2012 - 13:10 | 2208517 mick_richfield
mick_richfield's picture

But behold.  Yesterday 12% of the voters in my state chose Ron Paul.  What percentage do you think is necessary to change the world?  It is not 51%.

Semper fortis.

Wed, 02/29/2012 - 14:21 | 2208895 CrockettAlmanac.com
CrockettAlmanac.com's picture

Thirty three and a third can do it for sure (American Revolution), fewer might also work in some instances.

Wed, 02/29/2012 - 13:01 | 2208461 rsnoble
rsnoble's picture

Will the FED really collapse, or will they just demand payback in the form of austerity and hard assets??

One thing's for sure  us little people are going to get screwed regardless.

Wed, 02/29/2012 - 13:03 | 2208473 rsnoble
rsnoble's picture

I guess my main concern is exactly how bad things will get BEFORE they really do collapse and/or done away with. 50% of population in tent city? 75%???  They're dragging us all to the cliff and as of yet we haven't been able to let go of them.

Wed, 02/29/2012 - 13:03 | 2208475 mick_richfield
mick_richfield's picture

No, we are going to build a new world, without beasts like the Fed in it.  Their time has passed.

Wed, 02/29/2012 - 13:02 | 2208462 mick_richfield
mick_richfield's picture

That's my man!  I voted for him yesterday!

If you are afraid of 'wasting' your vote, the Matrix still has you.

Wed, 02/29/2012 - 13:04 | 2208476 Börjesson
Börjesson's picture

If Ron Paul had been as good a speaker as he is a thinker and ideologist, then he would already have been president. Sadly, he most definitely isn't. He needs to focus his message and get to the point, instead of endlessly droning on and meandering all over the place. Even here, where he so clearly has all the good arguments and facts on his side, he fails to deliver.

Wed, 02/29/2012 - 14:26 | 2208921 CrockettAlmanac.com
CrockettAlmanac.com's picture

He's been convincing me since 2005.

Wed, 02/29/2012 - 16:27 | 2209483 ATG
ATG's picture

Have you watched any of the debates?...

Wed, 02/29/2012 - 13:05 | 2208484 Quinvarius
Quinvarius's picture

Apparently Ron Paul really cheesed off the people we trust to keep our national gold supply safe.  It appears they decided to dump some merely to make a counter point.  LOL. 

Wed, 02/29/2012 - 13:06 | 2208486 cherry picker
cherry picker's picture

I like Ron Paul and think he brings a lot to the table, but he lacks what is needed to deliver his message.

He rambles when speaking to Bernanke.  He would have been more effective in asking the obvious.

"Mr Bernanke, if your policies are costing the American 9% a year increase and the American income is stagnant, how do you consider that a successful policy?"

Wed, 02/29/2012 - 14:29 | 2208934 CrockettAlmanac.com
CrockettAlmanac.com's picture

And then the Bernanke would have crumbled and groveled at Ron's feet, right? Better that Ron takes the airtime to make his points than to let the Bernanke spin his web on Ron's dime.

Wed, 02/29/2012 - 16:25 | 2209474 ATG
ATG's picture

Throwing out the bsby with the bathwater...

Wed, 02/29/2012 - 13:05 | 2208488 shushup
shushup's picture

Kind of embarrassing when Barney thinks what you are doing is correct and good.

 

Wed, 02/29/2012 - 13:07 | 2208497 ag3nt0rang3
ag3nt0rang3's picture

Silver on T.V.!?!  Let the raid begin.

Wed, 02/29/2012 - 13:09 | 2208508 G Mann
G Mann's picture

They are good friends, what are the chances that Mittens picks Paul?

Wed, 02/29/2012 - 13:48 | 2208691 MsCreant
MsCreant's picture

I have wondered the same thing.

Wed, 02/29/2012 - 14:26 | 2208919 Bob Sacamano
Bob Sacamano's picture

Zero.  Mittens is not a conservative and does not want to be yoked with one.  Mittens wants moderate changes around the edges, not significant directional change in the scope and size of the federal government.  Mittens forcefully articulated Social Security is not a ponzi scheme -- when the reality is that it is a ponzi scheme.  Mittens crowning achievement is RomneyCare -- which is not a conservative policy.  Mittens is not conservative.

Wed, 02/29/2012 - 13:14 | 2208544 Lord Peter Pipsqueak
Lord Peter Pipsqueak's picture

Ron has got the interests of the American people at heart,but he tries to say too much in the short time he is allotted,this obviously does not come across well.

I think he would be far more effective in focusing on one or two issues and drawing up a few killer questions that really put the weasel Bernanke on the spot, the blunderbuss approach just doesn't work, because he raises so many points, Bernanke just skips over them with a few palliative condescending words for each one raised.

A snipers rifle versus the blunderbuss next time Ron.

Wed, 02/29/2012 - 16:24 | 2209468 ATG
ATG's picture

ibid...

Wed, 02/29/2012 - 13:19 | 2208558 hidingfromhelis
hidingfromhelis's picture

I think it would have been far more effective if RP had made his points more concisely, then let Bernanke dig his own grave in replying.  As it was, Bernanke barely got to speak.  Without knowing all the procedural rules of the hearing, I'm guessing that if he'd been more concise and allowed Bernanke to respond, he still would have had time to poke holes in Bernanke's response within the time limit.  In the video, RP couldn't wait to interrupt Bernanke and continue preaching.  If he wouldn't have an opportunity to respond after Bernanke spoke, his time would have been better spent making his points, then anticipating what Bernanke might say, and having solid rebuttals to that delivered in advance.

How someone with such a great message and widespread support hasn't been willing to seek a little bit of help in making his presentation more effective is beyond me.  

Wed, 02/29/2012 - 16:23 | 2209464 ATG
ATG's picture

Straining at gnats and swallowing camels...

Wed, 02/29/2012 - 13:21 | 2208572 mick_richfield
mick_richfield's picture

Ron Paul does not need to be president, and it won't help if he becomes president.

What is a president, to the Powers who control this world with false money?  Even if he got 55% of the real vote, do you think they could not make the outcome whatever they wished?

The world financial system cannot be saved in its current form, and if we could save it then we shouldn't.  And it certainly can't be saved through the current American political establishment, which is entirely owned by the Plutocracy.

Ron Paul's importance is that he has 10% or 15% of people who vote in primaries who now understand the new paradigm well enough to vote for it.  When the current paradigm collapses -- very soon -- then its millions of brainwashed adherents will not know what hit them. 

That's when the new paradigm forms, and it will coalesce around the seed crystal of those 5 or 10 or 15% of people who understand what honest money should be, and how it was corrupted by the Plutocracy.

Our job is to be part of that seed crystal.

Wed, 02/29/2012 - 16:11 | 2209408 AL_SWEARENGEN
AL_SWEARENGEN's picture

Romney should offer Paul Bernake's job.  That's the only way Romney would get my vote.

Wed, 02/29/2012 - 16:22 | 2209456 ATG
ATG's picture

That's what Corporate Foundation Government Union Monopoly Media would have US sheeple believe,

that Ron Paul cannot win, and even if he does, it won't matter.

Fact is, establishment media like NYT were displaced by disrupters like AAPL:

http://bit.ly/wyMYyX

http://bit.ly/yI6j7f

There are any number of Ron Paul life, liberty, peace and prosperity supporters in Congress who will support

Constitutional Court appointments.

Even more may be elected this fall, in perhaps the greatest untold story of all time:

http://bit.ly/yoLzRk

The rEvolution will not be broadcast on nightly news...

Wed, 02/29/2012 - 18:18 | 2210052 Cathartes Aura
Cathartes Aura's picture

I gave you an upvote mick_   because, while respecting the role Paul plays in the political arena, you are willing to be honest about outcomes, about where "we stand" today, not some "future" hoped for scenario, but now, right here.

there is indeed a message that needs to be heard, and people will tune in incrementally, or not at all - but those who have started to pay attention will multiply as the pain increases - one can either hate people for not thinking exactly as one wants them to, or one can know that supporting people waking up to a reality increases the numbers we can all rely on going forward.

"honest money" is a part of the whole, but it is NOT the whole - the sovereignty of individuals, the right to BE without government interference and tyranny, this is important too. 

Wed, 02/29/2012 - 13:25 | 2208590 dcb
dcb's picture

I hate to use certain words, but I thought that fat fag was going to retuire, can't he find some you boys to play with. I am not a homo phobe, but I don't know a better way to express my disgust that to use a word I hate

Wed, 02/29/2012 - 18:11 | 2210009 boiltherich
boiltherich's picture

"I am not a homo phobe"

 

Yes you are a homophobe (it is one word by the way), when you identify a person you intensely dislike not based upon the reasons for your dislike but on a personal trait of theirs which they have no control over, like their race then you are in fact a racist, or because they are gay and you decide to use the one word that coming from a breeder is exactly the same as a white person using the term nigger because a politician you don't like is black, I notice that neither you nor any other posters here at ZH go around referring to Barry O as "that nigger," but you have NO problem referring to Frank as a fag.I would even go so far as to say that not only is it not Frank or his politics you detest but the threat you perceive because he is a gay man that has risen to substantial power.I feel sorry for you, first that you are so unable to accept people as who they are but even more so for your ability to fool yourself that you are not a hate filled bigot with latent homosexual tendencies. 

 

 

 

 

Wed, 02/29/2012 - 13:27 | 2208598 AnAnonymous
AnAnonymous's picture

If US citizens of A are losing faith in their government because the government is lying to them in terms of inflation, that is incredibly positive for US citizen governments considering the long streak of lies they have been involved now... Just reduce lying on inflation and keep or increase lying on all the other topics...

Reminds me of that US citizen hero, that hockey player who thinks that the US government has grown big enough to steal. If big enough is only now, after the US government stole an entire continent to hand it over its citizenry, well, that is pretty positive for the US government.

Wed, 02/29/2012 - 14:31 | 2208948 CrockettAlmanac.com
CrockettAlmanac.com's picture

Oh, for the love of Benjy!

Wed, 02/29/2012 - 17:46 | 2209931 akak
akak's picture

Get back to us when you are willing to acknowledge and discuss the Chinese citizenism invasion, rape and ongoing colonization of the formerly independent (and utterly peaceful) nation of Tibet.

Wed, 02/29/2012 - 13:32 | 2208618 dcb
dcb's picture

looks like barney is setting himself and crew up to lobby for the financial system.

Wed, 02/29/2012 - 13:38 | 2208626 bbq on whitehou...
bbq on whitehouse lawn's picture

Poor people need to understand that being poor is not their fault its the fault of the FED.

If Ron Paul could get that message across then he would win.

The Fed controls the value of the dollar so it is they who control how rich or how poor you are.

 

Wed, 02/29/2012 - 13:36 | 2208633 The Gooch
The Gooch's picture

Ron Paul Punk Rock Anthem - http://www.youtube.com/watch?v=eWC_0jPFQ_Q

 

Wed, 02/29/2012 - 13:43 | 2208645 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Bernanke was told, "the Fed holds gold certificates; they are part of the Fed's reserves"....hmmmm.....

And I can't believe he looked over his shoulder like he doesn't know what he holds on his balance sheet.  What the hell is he doing with his time, if he doesn't even know what he holds on his balance sheet?!  Golfing with Obama?

Wed, 02/29/2012 - 16:10 | 2209392 ATG
ATG's picture

Re Fed holding Treasury Gold Certificates worth trillions,

they were outlawed in 1933 and 1971 by unconstitutional FDR/Nixon Executive Orders,

then Congressional, Court and Corporate Union Monopoly Media enabling:

http://bit.ly/ACsFk3

Wed, 02/29/2012 - 13:41 | 2208653 Bastiat009
Bastiat009's picture

Ron Paul is right, but most people on the planet believe that printing money is great.

Wed, 02/29/2012 - 13:44 | 2208665 Mr Lennon Hendrix
Mr Lennon Hendrix's picture

Bernanke just said, "President's Working Group".

Wed, 02/29/2012 - 13:46 | 2208673 j0nx
j0nx's picture

Fallen on deaf ears. DWTS is on...

Wed, 02/29/2012 - 13:48 | 2208688 dime2962
dime2962's picture

Funny how that idiot Frank decided to talk about a negative upward trend like it was job growth the day Obama took office meanwhile Paul decided to talk about how wealth is stolen from the middle class on a daily basis in such a simple way. 

Wed, 02/29/2012 - 13:55 | 2208705 Miles Kendig
Miles Kendig's picture

You see, it's always the same

There's no stopping what can't be stopped

No killing what can't be killed...

You can't see the eyes of the demon

'till him come callin'

This is dread mon

Truly dread...

Prepare yourself

http://www.youtube.com/watch?v=puD1xnS831U

Wed, 02/29/2012 - 13:54 | 2208723 azzhatter
azzhatter's picture

Great message but poor messenger. I like RP a lot but he needs to go feral on this asshole Bernanke

Wed, 02/29/2012 - 14:17 | 2208836 Bansters-in-my-...
Bansters-in-my- feces's picture

I bet you that DHS has General Dynamics(spelling?) monitoring Ron Pauls temporment and social media contacts.

Wed, 02/29/2012 - 14:13 | 2208838 digalert
digalert's picture

When Paul pulled out that siver bullet I'll bet half in attendance shit. A silver coin? How did Ron Paul get that coin past security?

 

Ron Paul 2012

Wed, 02/29/2012 - 14:34 | 2208959 mick_richfield
mick_richfield's picture

Next time ( if there is one ) he should press it into Bernanke's palm, and see if it burns his flesh.

Wed, 02/29/2012 - 14:14 | 2208840 agrotera
agrotera's picture

soooo...news for today:  the PPT hits gold and silver hard as an answer (threat) to RP's honesty.

Wed, 02/29/2012 - 14:16 | 2208853 Marley
Marley's picture

"People lose trust in the government because you lie to them about inflation"

Yes, while true doesn't go far enough, at all.  People lose trust in government because individuals:

Lie to start nation building,

Lie about WMD's.

Lie about torpedos in the water.

Lie about nuclear bomb building.

Lie about taxes.

Lie about the need to back stop financial pigs.

Lie about corporations being people.

Lie about security.

Lie about separation of church and state.

Lies generated by psuedo religous, government hating, pin-heads, grape juice anyone?

The list goes on forever.  Governments don't lie, people in government do.

Wed, 02/29/2012 - 14:23 | 2208905 Olympia
Olympia's picture

 

.

 

Wed, 02/29/2012 - 14:23 | 2208906 Olympia
Olympia's picture

Those who won all battles shall lose the war. Bilderberg Group and the crimes against humanity.

 

In 1991, when George Bush senior attacked Iraq and tried to establish the New World Order, has actually provoked a World War. A war the human kind has never seen before; a world war that may not have had the provocative blood-letting of the previous wars, nevertheless its consequences were equally bad for all the peoples. A financial world war, the consequences of which may not have been dead or amputated men and ruins, but in any case they were equally disastrous for both the peoples and the environment.

 

http://eamb-ydrohoos.blogspot.com/2012/02/world-war-iii.html

 

.

Wed, 02/29/2012 - 15:33 | 2209199 Mary Wilbur
Mary Wilbur's picture

.The New World Order came in to being at the end of WWII

Wed, 02/29/2012 - 21:33 | 2210582 CoolBeans
CoolBeans's picture

Prior, I think.

But, while I never wanted to believe.

I believe...

I truly believe and I'm scared.  I'm scared for my family and my country.

Wed, 02/29/2012 - 14:18 | 2208872 John Law Lives
John Law Lives's picture

This speech by Ron Paul is precisely why I believed he would not be the nominee of the GOP.  Ron Paul is brutally honest.  The GOP and the Democrats want stooges who tow the party line.  However, if Romney does win the general election in November, it would be nice to see Ron Paul be given some sort of position.  Maybe he could be appointed Secretary of Treasury.

Wed, 02/29/2012 - 14:23 | 2208904 JLee2027
JLee2027's picture

Romney has no chance in hell.....he would continue this horror show of fiat money, debt slavery, inflation, expanding government, less liberty and endless wars.

None of the Ron Paul people are going to vote for him. We'll stay home.

Wed, 02/29/2012 - 14:48 | 2208970 John Law Lives
John Law Lives's picture

Nobody here is defending Romney or his policies.  However, it does appear likely he will be the GOP nominee.  He may lose in November, but plenty of bad things can happen before November that could hurt Obama's chances.

 

"None of the Ron Paul people are going to vote for him. We'll stay home."

If Rand Paul and Ron Paul both decide to publicly support the GOP nominee (assuming it is not Ron Paul), would you still hold that position?

 

Wed, 02/29/2012 - 15:39 | 2209233 JLee2027
JLee2027's picture

Neither Paul will ever support Romney. If you think differently, you don't understand.

Wed, 02/29/2012 - 16:47 | 2209513 John Law Lives
John Law Lives's picture

"Neither Paul will ever support Romney. If you think differently, you don't understand."  - JLee2027

JLee2027,

There has been significant discussion as to whether Ron Paul would consider running as a Libertarian for POTUS this year.  Some pundits believe Ron Paul will not run as a Libertarian because it would put Rand Paul in a precarious position if he were to publicly support his own father over the GOP candidate.  Therefore, it is presumptuous of you to declare that neither Paul would ever support Romney if Romney is the GOP nominee (assuming Ron Paul doesn't run as a 3rd Party candidate).  If Rand Paul wants to have a career in the GOP, is seems unlikely he will alienate himself from the GOP by refusing to publicly support the GOP nominee in November.

Wed, 02/29/2012 - 18:42 | 2210135 Cathartes Aura
Cathartes Aura's picture

y'know, you've identified a trend here. . .

Some pundits believe Ron Paul will not run as a Libertarian because it would put Rand Paul in a precarious position if he were to publicly support his own father over the GOP candidate. 

first, for Ron Paul to run as a Libertarian, do you mean on behalf of the Libertarian Party, or as an "independent" that calls himself "libertarian"?  I ask simply because Paul is campaigning as Republican, and his career has been within the Republican Party - should he decide to call himself something else, some of his beliefs will be called to scrutiny, given that "libertarian" appears to represent individuals, before they're grouped into categories. (I say "appears" based on reading many sites, and their language - so it's theoretic until applied).

If Rand Paul wants to have a career in the GOP

now THIS is an important thought to apply critical thinking to, IMO. . . the mode of "career" Republicans.

Wed, 02/29/2012 - 18:59 | 2210187 John Law Lives
John Law Lives's picture

"First, for Ron Paul to run as a Libertarian, do you mean on behalf of the Libertarian Party, or as an "independent" that calls himself "libertarian"? I ask simply because Paul is campaigning as Republican, and his career has been within the Republican Party - should he decide to call himself something else, some of his beliefs will be called to scrutiny, given that "libertarian" appears to represent individuals, before they're grouped into categories. (I say "appears" based on reading many sites, and their language - so it's theoretic until applied)."  -  Cathartes Aura

Ron Paul resigned from the GOP in 1987 and campaigned for POTUS on the Libertarian Party ticket.  I, for one, do not believe Ron Paul will follow the same course of action in 2012 as he followed in 1987.  I personally don't believe he will pursue the office of POTUS in 2012 if he is not the GOP nominee.  However, if he were to run for POTUS outside the GOP, I don't know if he would prefer to run as a "Libertarian" or an "Independent".

Wed, 02/29/2012 - 19:46 | 2210325 Cathartes Aura
Cathartes Aura's picture

appreciate your taking a moment to reply to my post. . . I'm of the opinion that Ron Paul taking a stance and stepping back from the GOP in principle would lend him more credibility as "independent" of their agenda - but realise how the voting system works, both for and against those who participate in it.

and I also realise there is no real "libertarian" unity, just versions, as is expected by political parties.  at least the "independent" tag can be utilised more honestly, as in "independent of the others" running.

Wed, 02/29/2012 - 15:31 | 2209190 Mary Wilbur
Mary Wilbur's picture

Another four years of Obama and Holder. Your mad.

Wed, 02/29/2012 - 15:39 | 2209239 JLee2027
JLee2027's picture

You don't get it do you?

Romney is no different than Obama in what really matters.

Wed, 02/29/2012 - 18:16 | 2210044 boiltherich
boiltherich's picture

I would go further and say both Romney and Sanitorium are WORSE than Obama in what REALLY matters, and both will make you join their cult as well.

Wed, 02/29/2012 - 15:29 | 2209180 Mary Wilbur
Mary Wilbur's picture

Why not make him Chairman of the Fed and have him preside over the demise of the fiat money system and the creation of a new system.

Wed, 02/29/2012 - 16:03 | 2209324 ATG
ATG's picture

Let's do a search of Ron Paul vote fraud shall we?:

http://bit.ly/xRdhO3 5:12

The good Doctor's honesty actually won him at least five states so far,

where his votes were not counted.

His turnouts dwarf Gingrich, Romney and Santorum combined:

http://bit.ly/w44jMW

It's all about committed, not uncommitted delegates, where RP was #2 despite the worst efforts of corporate union monopoly media:

http://bit.ly/y32GUs

His committed delegates may come through with others on the second round in Tampa,

even with a Chris Christie or Jeb Bush backroom putsch,

putting Ron Paul on the November ballot where he can win instead of Romney.

The only way to prevent election fraud is massive turnouts with exit polls and precinct monitoring...

Wed, 02/29/2012 - 16:51 | 2209608 Widowmaker
Widowmaker's picture

If Paul touches any motherfucker-Bush I won't vote for him.

Bush is the kiss of death for Paul.

Wed, 02/29/2012 - 14:20 | 2208887 JLee2027
JLee2027's picture

Sometimes I wish Ron Paul would make a scene by screaming and pointing fingers, it would be on all the national news and wouldn't hurt his polling numbers.

Wed, 02/29/2012 - 15:47 | 2209261 tiwimon
tiwimon's picture

I always wonder exactly the same thing - why either the politicians's or media neither ask the hard pointed questions. We need sharp, pointed questions forced upon those in the know like Bernanke to pierce the lies and reveal the truth, and drilling into them till the truth comes out and not the bull shit.ake.. they spew. Even the ones at the leading edge like RP, well, they either lack a tiger tenacity and the intimidation factor to pry out the truth or they are paid to be the counter agents, loooking like they are trying to reveal the truth, in a guise to quell and appease those of us that know whats going on and leave those like us hanging on in hope the real truth will be revealed...

 

/Can we not have politicians like those in the UK that stand up, scream, point out the liars and stab them with pointed truth filled shouts, and continue asking question upon question and not just allow a single BS answer with a passion and determination that is sorely needed if any are to turn this ship around? I fear there is no one left able to do it, not a one can 'nut up', for lack of will, intelligenece or whatever.

Wed, 02/29/2012 - 18:14 | 2210039 css1971
css1971's picture

Well, there's UKIP.

Farage & Co.  Other than that they are just as owned as the US politicos.

Wed, 02/29/2012 - 21:28 | 2210561 CoolBeans
CoolBeans's picture

To a degree, yes - I know what youmean...but the other side would accuse him of being infirm, etc.  Nasty politicians and their minions...

Wed, 02/29/2012 - 14:21 | 2208888 roadhazard
roadhazard's picture

I can't believe anyone who is for Paul would go to the polls in Nov. if he is not on the ballot. I plan on Not voting. No reason I should give one side or the other the belief that I condone what they are about. Voting is a sham, they are all alike.

Wed, 02/29/2012 - 15:46 | 2209281 ATG
ATG's picture

Not voting means four more years for 0.

That might hasten the DC Fed collapse...

Wed, 02/29/2012 - 17:52 | 2209955 Temporalist
Temporalist's picture

 

George Carlin Doesn't vote

http://www.youtube.com/watch?v=xIraCchPDhk

 

Wed, 02/29/2012 - 14:24 | 2208908 Catullus
Catullus's picture

I wish he would have done this to Greenspan. Bernanke has always been a pushover academic. Greenspan was the ultimate no talent porch monkey to the power elite. AG was the real apologist for the money printing. Bernanke speaks in the academic "inflationary pressures" like he's observing the weather patterns.

Wed, 02/29/2012 - 15:45 | 2209270 ATG
ATG's picture

At least Greenspan advocated gold:

http://bit.ly/zbAU5g

Wed, 02/29/2012 - 15:55 | 2209331 Catullus
Catullus's picture

Which makes it all the worse in my mind. Bernanke never had such an inclination. He's been wrong, but not dishonest about how he's misinterpreted economic events. It's consistent with the modeling he's using. It's just epistemologically incorrect.

Greenspan knows what gold is and the role it plays and the implications for liberty. But he chose the other path. He sold himself out to be close to that inner circle and rub shoulders with the elite. But they don't let the money printer into the circle. He was only ever their errand boy. To tell him this probably hurts Greenspan the most. The knowledge that you're not in.

Wed, 02/29/2012 - 14:34 | 2208960 jmcadg
jmcadg's picture

Blimey Bwarney, your tongue was so far up Bernanke's arse, I could hardly understand what you said.

Banished to the spare bedroom tonight with breathe like that!

Wed, 02/29/2012 - 14:38 | 2208976 twotraps
twotraps's picture

Pathetic to see Bernak sitting there smiling away.  Honestly, the intervention and accounting gymnastics have so bent what is 'normal' no one knows what to do. Yes, the dow hit 13k, but we have no volume at the highs in an HFT dominated world....its like a huge lull in activity that happens to be at the highs while we wait for the next big thing!  4 yrs later, its getting expensive sitting out but I still feel that losign the least will be an awesome option when it kicks off.

Wed, 02/29/2012 - 16:57 | 2209656 Zero Govt
Zero Govt's picture

you mean Ron Paul is pathetic right?

..that he can't mount anything but firing blanks at Bubble Ben who barely broke a casual stride throughout this 'grilling' by a gumless pup

Wed, 02/29/2012 - 14:40 | 2208988 keeping appearances
keeping appearances's picture

When I listen to either Barney Frank, Chris Dodd, Ben Bernanke, Alan Greenspan, Larry Summers, Lloyd "Squeakie" Blankfein, et al.... My skin crawls... Does yours?  AS a retired probation officer I used to supervise and monitor sexual offenders and I get the same feeling when I listen to these listed "gentlemen", then when I was reading a police report how a sexual predator had molested a small child with utter revulsion and prevailing thought of, what or who is behind the mask? And, what are they capable of doing left unsupervised... I can't help thinking how these so called Masters of the Universe have molested America.

 

Wed, 02/29/2012 - 14:46 | 2209016 MeanReversion
MeanReversion's picture

The same guy who is playing footsie with Mitt Romney?  No thanks.  Ron Paul lost the plot by aligning himself with Romney.

Wed, 02/29/2012 - 15:17 | 2209129 faustian bargain
faustian bargain's picture

Gonna need to see some proof on that.

Wed, 02/29/2012 - 14:49 | 2209026 azzhatter
azzhatter's picture

Ben, a question here. "In regards to Timmay, are you a top or a bottom?"

Wed, 02/29/2012 - 16:47 | 2209586 lakecity55
lakecity55's picture

Timma's a catcher.

Wed, 02/29/2012 - 14:51 | 2209036 Clark Bent
Clark Bent's picture

I'd have preferred some questions regarding how much US debt has been purchased by the Fed, and where did they get the money to buy those treasuries. I'd like to hear asked whether the real contraction of the economy and decrease in GDP (factoring out government (over)spending) disturbed him, and how he planned to fulfill the fed's obligation to support full employment. I'd like to ask him to explain to Seniors why his depressing the interest rates, resulting in ther losing money on their retirement income is needed. I'd lie to ask how he thinks that it is more efficient to backstop failed banks to the detriment of well-run competitors. There are a great many things I would like to ask Bernanke, rather than simply filibuster way over the head of the average voter. Ron Paul is not making the effective arguments. I would be very skeptical about him going up against Obama. 

Wed, 02/29/2012 - 15:23 | 2209149 ATG
ATG's picture

How many working American voters watched this?

It may never see the light of monopoly media day or nightly news unless it bleeds and leads.

Unlike the other three corporate neoCon RINO candidates,

Ron Paul consistently beats 0 in the polls with crossover D and I votes like Reagan,

most recently the Rasmussen poll,

despite the RNC fix not counting his actual state caucus votes.

The Good Doctor has more committed delegates than any other candidates

with their uncommitted beauty contest delegates.

Because 1144 delegates are not possible, there will be no first round candidate.

It will be a brokered Convention in Tampa,

and heaven help US if the freed GOP delegates on the second round do not vote the only actual supporter of our Constitution:  

http://bit.ly/AqEhoK

Wed, 02/29/2012 - 16:46 | 2209575 lakecity55
lakecity55's picture

I think he could win because the media whores say he can't. They're too busy competeing to suck Barry's pole.

The GOP and the DNC are owned by the same smarmy reptilians.

The People must strike back.

Wed, 02/29/2012 - 15:24 | 2209162 Mary Wilbur
Mary Wilbur's picture

Ron Paul is not going up against Obama.

Wed, 02/29/2012 - 14:58 | 2209068 absente reo
absente reo's picture

I thought this was supposed to be Bernanke answering questions.  QUESTIONS.  Ask a bloody question Ron Paul.  Try asking many.  You might get further than just going off on a directionless rant.

Wed, 02/29/2012 - 15:19 | 2209140 faustian bargain
faustian bargain's picture

Uh, no. Bernanke isn't going to answer any questions of significance from Ron Paul.

Wed, 02/29/2012 - 15:15 | 2209124 ATG
ATG's picture

We've got them on the run.

Now let's finish the job by taking back our country:

http://bit.ly/yoLzRk

Wed, 02/29/2012 - 15:25 | 2209168 kragsquest
kragsquest's picture

This is the first time in memory Benanke's speech has actually caused the PMs to go down.  And it is costing Ron Paul real money because he is 100% in.

Give 'em hell, Ron!  The damned commies.

Wed, 02/29/2012 - 15:29 | 2209182 Genzero
Genzero's picture

Ron Paul and these hearings are an inconvenience to Bernanke et al. After pulling off the biggest heist in history, the fuckheads from 2008 have either been promoted or at the very least, been re-confirmed. No one got a perp walk. No one got one between the eyes. Every regulatory proposal got thwarted. And they continue to operate with impunity and secrecy, under the pretext that it's in our benefit.

They simply dont give a fuck. And they're counting, nay relying on the fact that we'll bitch and moan but do nothing.

Wed, 02/29/2012 - 15:31 | 2209191 swanpoint
swanpoint's picture

awwww FUCK

Wed, 02/29/2012 - 15:32 | 2209198 WhoMe
WhoMe's picture

I love Ron Paul and I'm not even American. The problem is the FED and it's toxic money printing is creating inflation around the world. They are a pariah.

Wed, 02/29/2012 - 15:38 | 2209224 WhiteNight123129
WhiteNight123129's picture

Do not be too pessimistic my American Friends, at least you have someone raising the alarm bell about the whole topic so that when hyperinflation kicks in you have the political seeds already sown, and the warnings in advance will make people embrace Gold quickly and allow it to save the US before the cliff. Many Europeans do not ahve the luxury of having one sound political voice in the middle of the idiocy. I would not be surprised if Ron Paul ends up on your Mount Rushmore after his death. I think that once the US comes back to Gold, first US will be a wreck,

Wed, 02/29/2012 - 15:41 | 2209251 ATG
ATG's picture

EU limiting gold purchases already, leaving silver for the volks:

http://thenewamerican.com/world-mainmenu-26/europe-mainmenu-35/9161-gold...

Wed, 02/29/2012 - 16:01 | 2209360 WTFisThat
WTFisThat's picture

wow just wow fuck

Wed, 02/29/2012 - 15:43 | 2209262 MrBoompi
MrBoompi's picture

Paul works for an institution that relies on its partnership with its central bank to cover all excess spending through the issuance of debt, and collecting on the debt+interest through the hidden tax of inflation.  Most of the money being created these days is going towrds payments on soveriegn debt that might otherwise default, to fuel equity markets, and recapitalize weak banks.  Almost none of it is going to productive use, ie a use that would lead to job creation or increased wages.

But Paul is right.  The government and the Federal Reserve do not tell the truth about inflation.  Using the BLS as defense only shows the emptyness of Bernanke's response regarding the actual rate of inflation.  The government is in bed with the Federal Reserve.  This has been going on for 100 years.  $1 didn't become 4 cents overnight.

You mess with this system, you mess with the real Powers.  Good luck with that.

Wed, 02/29/2012 - 16:47 | 2209577 ATG
ATG's picture

re "Paul works for an institution that relies on its partnership with its central bank to cover all excess spending through the issuance of debt, and collecting on the debt+interest through the hidden tax of inflation."

Fact check:

Ron Paul is one of the few in DC who actually works for the Bill of Rights, Constitution and their Constituents, We The People, and has not voted for debt usury inflation...

http://en.wikipedia.org/wiki/Ron_Paul

Wed, 02/29/2012 - 15:45 | 2209280 zebra
zebra's picture

to GOP: only Ron Paul will get my vote, if GOP nominate anyone else, Obama will just LHAO and win.

Wed, 02/29/2012 - 15:49 | 2209298 PatBateman
PatBateman's picture

I don't think RP appreciates the problems that come with being on a gold standard (i.e. difficult to fight unemployment, difficult to enact monetary policy, the economy can grow only as far as the physical gold that backs it.) I wish he held up that piece of silver back at the end of 1998, he would of said it lost 23% of its value since 1985. So how is this gaining purchasing power?

Wed, 02/29/2012 - 16:54 | 2209612 ATG
ATG's picture

The Constitutional Gold and Silver standard our Founding Fathers wrote into our Constitution after they saw the Spanish Silver Dollar outlast the Continental paper currency, prevents government from fondling and screwing our assets.

What about all the productive people screwed by government since 1913, 1933, 1963 and 1971?

Sound money is the only real way to restore our economy.

Debt usury inflation led to defaults and depressions since Biblical times, usually about every 50 years:

http://en.wikipedia.org/wiki/Jubilee

 

Wed, 02/29/2012 - 15:50 | 2209302 samwell
samwell's picture

I am surprised bernanke didn't start hissing when RP pulled out the silver dollar.  Vampires hate silver

Wed, 02/29/2012 - 15:54 | 2209326 PatBateman
PatBateman's picture

I think you mean werewolves hate silver.

Wed, 02/29/2012 - 16:47 | 2209590 Loyal2Liberty
Loyal2Liberty's picture

Vampire Banksters hate gold, silver... oh and freedom too.

Wed, 02/29/2012 - 18:44 | 2210144 non_anon
non_anon's picture

nah, they love gold and silver, but hate it in others hands.

Wed, 02/29/2012 - 15:54 | 2209327 PatBateman
PatBateman's picture

I think you mean werewolves hate silver.

Wed, 02/29/2012 - 16:01 | 2209362 Johnk
Johnk's picture

Anybody else think Ben might have committed perjury on his first answer to Ron Paul today? 

RP: "Do you shop for your own groceries?"

BB: "Yes."

 (or was he not sworn in?)

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