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Exclusive Conversation With Ron Paul: The Future Of The Federal Reserve
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Matthew Bandyk
U.S. News & World Report
June 24, 2009
President Obama’s financial regulatory plan has created controversy over the role of the Federal Reserve in our economy like rarely before. The person in Congress with perhaps the most unconventional point of view on these issues in American politics is Congressman and former presidential candidate Ron Paul (R-TX), a longtime critic of the very institution of the Fed and fractional reserve banking. He has recently sponsored a bill that would audit the Fed, which has attracted cosponsors such as Dennis Kucinich (D-OH).
I talked to Congressman Paul about his unique perspective and why the Fed is controversial again.
Me: Do you think the Fed is the main culprit behind the current economic crisis?
Paul: I don’t believe you can have financial bubbles without artificially expanding the supply of money and credit, and only the Fed can do that in collusion with the banks, who can operate under fractional reserve banking. So that’s where the financial bubbles come from, whether it’s housing or the stock market or the bond market. That’s the source of the bubble, and that’s what has to be addressed, and yet the Fed has been able to operate in secrecy on exactly how they allocate credit and what they do with international markets. So yes, the Fed is the number one culprit.
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June 25th, 2009 at 10:52 pm
Why did Alex say GD on prison planet. A good answer will bring understanding. I fallow AJ , and his news, and his show, and his message. Please explain. If it was a slip up, iIll move on . My name is showmebby, and I want to know. Please let us understand the slip . We will still back you, and allways will. the message you bring is biger than this, but I feal that this is somthing you should answer to since it was on the tv channel.
Yahoo Reply:
June 26th, 2009 at 9:38 am
Who cares why he said goddamn? It’s a word about an imaginary entity… it is no different than saying Bhuddadammit! The difference is in your head. Stop dwelling on the little things and look at the big picture!
ingrasam Reply:
June 26th, 2009 at 11:12 am
Your point is so goddamn true. Religions are so goddamn stupid. Every goddamn one of them.
Truth000 Reply:
June 26th, 2009 at 1:57 pm
Because Alex, like all people has errors, he is not perfect, neither is he very wise. The fact that he has so much “wordly” knowledge makes him puffed up and arrogant. He only becomes humble when he needs our money to support “could be” “Imminent” danger scenarios.
I do not argue that a lot of the news he speaks is true, but it is exaggerated “could be” scenarios often times, which are geared to cast disturbing fear into the minds of the listeners. Alex saw early that this fear captivated people’s attention and allowed for his audience to become “glued” or mesmerized to the news he brings.
Why do you think his website and radio show is teeming with commercials, promotions, plugs, and infomercials that are all geared to make you the listener into a profit engine for those surrounding Alex under the guise of “fighting the info war”. Yes there are often times very informative guests and information on his show, however, many other shows provide similar news without the hype, fear, and mass marketing of products which are sub par or products that are actually risky.
Alex like many people is caught up in his “infowar” business. That’s right Business. At some point it turned into a cash cow.
Even Kevin Trudeau, an elitist who came on Alex’s show stated that: Alex is actually serving a purpose for the NWO by helping to “desensitize” people to what is inevitably coming.
My Question is: How does Alex plan to stop helping the NWO desensitize us? Why do you think it is US who Alex is desensitizing? Because “WE” follow him, and not our own wisdom. Are we still not sheeple but of a different shepherd?
Until man declares his independence even from “alternative media” and thinks for himself with sound logic and reason, he will always be a follower, not a leader.
L1L M4N Reply:
June 26th, 2009 at 3:27 pm
NO SHIT! SHUT THE FUCK UP truth000!
take the red pill... Reply:
June 27th, 2009 at 6:53 am
Great Point, thank god somebody gets it! Hopefully people like you are more in number than evident. When the time comes we will stand together… the rest will be frozen waiting for the next “show”.
laughing man Reply:
June 27th, 2009 at 1:47 pm
Well said TRUTH000!
NOBODY Reply:
June 27th, 2009 at 10:06 pm
YOU’RE RIGHT TRUTH000.HE’S MAKING SIX FIGURE AMOUNTS OF MONEY BY SELLING US THE INFORMATION ABOUT WHAT’S REALLY GOING ON IN THE WORLD TODAY. IF I HAD THE CHANCE I WOULD DO THE SAME THING.
apocalypse now Reply:
June 27th, 2009 at 10:51 am
NONE OF YALL SEEM TO STOP AND COME TO UR SENSES AND QUESTION WHAT IS UR PURPOSE IN LIFE..ALL OF U R LIKE ROACHES..U DONT DIE U JUST MULTIPLY..JUST INFECTING PEOPLES MINDS AND CORRUPTING PEOPLES SOULS ITS A SHAME WHAT WE ARE LEAVING BEHIND FOR OUR YOUTH….NO HOPE!!!!!JUST BECAUSE U LIVE A FAITHLESS MISERABLE LIFE DONT RUIN IT FOR OUR SEEDS FOR THEIRS IS THE KINGDOM OF GOD… UR LACK OF FAITH IS WHAT SHALL TAKE YOU TO HELL..THE ETERNAL DARK GRAVE…DEATH HAS OVERCOME YOU…REPENT WHILE YOU STILL CAN..CHRIST IS THE WAY..GOD BLESS YOU!
tkp Reply:
June 28th, 2009 at 3:49 pm
There are so many religions that do so many good things for the poor and to bring up the world. IIf we could just build on the good things that religion does, and look for the commonalities of all the worlds religions, I think this planet could be a heavenly place to live… and we can do it. YEAH
Neocon Narc Reply:
June 26th, 2009 at 10:39 am
I heard it too. But was I shocked??No.
Most of us talk with a sailor mouth behind the scenes. So I understood he was human and the operator at the radio station made a big mistake airing that during the commercial.
It will cost him some money that is for sure.
I am trying to work on my cursing too, it is tough to restrain when you are emotional about your work. Alex is as emotional/drama queen as they get. I love his theatrics and find them entertaining. But people use them against us sometimes and it is best to find a happy medium between loving your work so much that you become engulfed and putting it aside to go on a walk on the Appalachian trail during Father’s Day..and not tell your wife or kids.
To care or not give Sh$#, that is the question.
Alex only has another 2 weeks or so before he can maybe take a vacation. He won’t sleep until he is finishes what he starts. Bad Habit but the ethics of a hard worker.
Not everyone can be Tom Landry.
L1L M4N Reply:
June 26th, 2009 at 3:32 pm
WHAT… U’VE NEVER SAID THAT BEFORE?
SHUT THAT SHIT UP!!!
Tim Reply:
June 26th, 2009 at 6:44 pm
You are invited to an international webcast hosted by Lyndon LaRouche on Saturday, June 27th at 12:30 pm at this link: http://www.larouchepac.com
Remember: the LaRouche Political Action Committee is the ‘Number One’ PAC at the White House and worldwide
Topics will include the collapsing global monetary system, Obamas loyalties, climate program as well as health care policies of the Obama administration.
Live phone calls and email will be received during the webcast.
If you do not have the time to attend, the webcast will be archived and available for download immediately afterward at the larouchepac.com website.
June 25th, 2009 at 11:00 pm
I believe you came back to say the stress of the news, and really reality was behind your aggression. I understand that people are not seeing the picture you are bringing. Please try to remember that we are a people who are waking others to the truth , This IS important. Thanks that you came back to give a pep talk from the boss. This means allot to those who listen.
—-FREE HUMANITY—-
June 25th, 2009 at 11:25 pm
HERE: Stream and Download ALL the best interviews and rants from the Alex Jones Show Archives:
http://alex-jones-archives.politicsfiles.info/
TODAY:
- Pro-Lifer Mark Crutcher:Illegal Activites Inside The Abortion Industry !!
- Pastor Dave Jones & Dean Broyles:Acting Under Color of Law!!
- Obama Claims CIA Involvement In Iran “Patently False”
Backup your favorite episodes, don’t miss any!
June 26th, 2009 at 9:37 am
Financial bubble is a fancy word for graft.
June 26th, 2009 at 10:48 am
I think if I ever win the lottery. I would love to create some type of recognition for Ron Paul and other politicians who stand up to tyranny.
I know RP does it because it is the right thing and has a heart as big as Texas.
But maybe someday we could repay him with a small gift.
President would be a good start!!
Thanks RP for speaking the truth when no one else would!!!
June 26th, 2009 at 10:55 am
Hurray for Ron Paul!
June 26th, 2009 at 11:26 am
Ron Paul for President 2012 PLEASE
June 26th, 2009 at 11:54 am
I like that guy who went into the fed with a shotgun in the eighties….. you know, the one who shot a security guard in the holocaust museum? Maybe he should have just gone back into the fed!
June 26th, 2009 at 12:18 pm
even abolishing the fed is not enought as bankster families like rockfeller and rothchild children and grandchildren will like in past centuries use their families past stolen wealth to foment new crisises and install an new central bank.
Banksters families assets must be eliminated and their heirs castrated and or sterlized so they cant breed new generations of elite criminals.
Notice any czar heirs running russia?
How about kids of the Shah trying to (with our CIA) regain power in IRAN
Elite families are like like some dog breeds (pit bulls) that have violence in their genes.
Their breed must be eliminated to protect humanity and the future.
George de Mohrenschildt Reply:
June 26th, 2009 at 12:26 pm
The final solution ?
From Alaska Reply:
June 27th, 2009 at 10:56 am
Well then, sounds like you think just like them……….
tkp Reply:
June 28th, 2009 at 3:55 pm
Maybe instead of putting all the blame on the elite, we could put some blame on ourselves,,, the people who have heard the truth, but cant believe it.. It was the same way in the second world war, many Jews still didnt believe what was happening to them even on their way in the trains to being killed.. We are no different.. When the people choke the streets for miles and miles to contest taxes, and congressional legislations, than that is the time we can blame the elite, until then lets blame ourselves! Thanks Alex for being a leader.
June 26th, 2009 at 2:29 pm
George……the only solution will be the Return of Jesus Christ to rule and reign.
Gary Head Reply:
June 26th, 2009 at 4:34 pm
The nwo are con men. They use mind control to make men do nothing while nwo evil rushes ahead. Some men believe if they do nothing, the nwo will allow them to live. Others do nothing because they believe their religion requires it, or because they are frozen with fear. They are all suffering from the same “do nothing” mind control. My point is THEY ARE WEAK CON MEN. THEIR POWER IS MIND CONTROL. They can be defeated. Resist the mind control–do something.
danomatic Reply:
June 27th, 2009 at 1:57 am
Right on. Resist the Devil, and he will flee.
June 26th, 2009 at 3:08 pm
If you ran your own radio show and covered the stories he does every day, well, I think that’s enough to make anyone upset and say things they don’t intend to say.
Exposing the NWO is his life, I only listen and watch videos and try to get others to do the same, and even that gets me angry at whats happening. As each day goes by I really feel like were close to the end times. There are so many signs. We have to stand up and protect our country, we have to take it back, we have to turn off our TV’s, and say goodbye to the mainstream media! We are facing genocide in world breaking numbers. It’s scary to think about.
June 26th, 2009 at 9:17 pm
Wow dude. I’m started to believe about the NWO… you know waking up. Every time i try to tell someone about these facts they tell me “shut up, you sound like a conspirator.” So i guess people are really brainwashed when they are clueless about the end of times..
“Be the change you want to see in the world”
-Mahatma Gandhi
maestro Reply:
June 26th, 2009 at 10:59 pm
i know what ya mean you get that.
June 26th, 2009 at 11:22 pm
i think the point of free speech is not to protect popular speech, like bill o’reilly with his thug journalism
its to protect unpopular speech like the 9/11 truth movement, or the ones who said jfk’s death was an inside job
2 bad obama will be working to get rid of that right aswell..sigh
June 27th, 2009 at 12:10 am
I love it how people can get upset when something on this site is ‘exaggerated’. This site is called infowars because Alex feels the war with our government is over information and what the media holds out on its people. If it is exaggerated the only reason is to combat all the lies the corporate media tells us and Alex must frighten people on his site to ‘wake them up’. Many of these exaggeration are are mirely speculations of what these corporate thugs end game might be.
And who cares if Alex says GD, goddamn, religion is the source of many problems and persecution for millions and I really wish everyone didn’t believe everything there religion preached on and focused on treating each other equal. Christians preach treat people equal but when they hear an atheist or any other religion they get extremely defensive and try and force their fews on people.
danomatic Reply:
June 27th, 2009 at 1:56 am
Everyone legislates, everyone presses their own positions. You are no more neutral than we are. God bless (as He pleases, to His glory). End the Fed!
June 27th, 2009 at 1:44 am
New Things Happening At http://www.brandonkastning.net – Forums Just Launched! MISSION TRUTH!
June 27th, 2009 at 1:54 am
I also embrace the imprecatory psalms. Psalm 3:7: “Arise, O LORD! Deliver me, O my God! Strike all my enemies on the jaw; break the teeth of the wicked.” Alex hates corruption, and there is nothing wrong with praying for justice to be done.
Wow, the computer dictionary didn’t recognize imprecatory. We are getting dumbed down.
June 27th, 2009 at 5:01 am
The FED. is behind the CAP and TRADE energy bill along with Goldman and Sachs and GE !!!!! GE had set up a trading bank before the dam thing was passed ? So tell me whos running who its all a SCAM to tax the shit out of the working people and let the rich trade our freedoms !!!!!!!!!!!!!
June 28th, 2009 at 2:48 pm
Interesting Article. Thanks!
June 29th, 2009 at 2:46 am
There is obviously a lot to know about this. I think you made some good points in Features also.
June 29th, 2009 at 3:10 pm
I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Look forward to reading more from you in the future.