Ron Paul Humiliates Ben Bernanke so bad that CNBC had to cut him off.
- Thread starter aeliodon
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CNBC is full of blatant censorship of important issues. That said, I caught the whole thing on bloomberg. I can't watch CNBC without getting frustrated by their self interest. Ron Paul said exactly what I believe. I hope his message gets out to the masses sooner than later.
They merely saved Paul from himself- his Libertarian message may resonate with many, but he's not the best spokesman for this cause. Trust me, the sooner the Libertarians find a better spokesman, the sooner that movement will get traction. Ron Paul is getting close to teetering on the "silly old man" edge...and I do agree with much of what he's saying.
I agree, CNBC is cutting out lot of key topics, watch on Blomberg http://www.bloomberg.com/avp/avp.htm?clipSRC=LiveBTV
ass soon as cnbc cut him off, i switched to bloomberg. i hate cnbc but their presentation is much better than bloomberg. im just glad i don't have to watch either for trading purposes.
It's ALL Bernanke's fault right?
I mean, he's the one that has been running HUGE Federal Budget Deficits which has lead to a 50% decline in the dollar over the last 7 years, he's the one that failed to enact a comprehensive Energy Policy for the country, he's the one that allowed regulators to be "asleep at the wheel" when it came to ratings agencies and mortgage generation, not too mention the use of leverage in the system ( 33:1 for mortgage positions ), and he's the one that kept rates at dramatically low levels for years ( Alan Greenspan ).
The time to avert moral hazard was a long time ago. Unfortunately, we have had very little "leadership" in Washington the past 7 years for the good of the people.
Yeah..... it's ALL Ben's fault.
I mean, he's the one that has been running HUGE Federal Budget Deficits which has lead to a 50% decline in the dollar over the last 7 years, he's the one that failed to enact a comprehensive Energy Policy for the country, he's the one that allowed regulators to be "asleep at the wheel" when it came to ratings agencies and mortgage generation, not too mention the use of leverage in the system ( 33:1 for mortgage positions ), and he's the one that kept rates at dramatically low levels for years ( Alan Greenspan ).
The time to avert moral hazard was a long time ago. Unfortunately, we have had very little "leadership" in Washington the past 7 years for the good of the people.
Yeah..... it's ALL Ben's fault.
inflation is the dilution of the currency. in other words a wage cut.