Ron Paul in the House Financial Services Committee, September 10, 2003
Mr. Chairman, thank you for holding this hearing on the Treasury Department’s views regarding government sponsored enterprises (GSEs). I would also like to thank Secretaries Snow and Martinez for taking time out of their busy schedules to appear before the committee.
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We've seen the biggest theft of wealth in history in the last few years and the corporate elite still have more to steal. They won't be satisfied until there's nothing left of this country and we're all living and working like serfs on their land. The good news is that we'll eventually have plenty of company.
More on 2,600 people per DAY are filing for bankruptcy protection
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Following are the remarks Dr. Paul made before the Financial Services Committee Hearing on “Implications of a Weaker Dollar for Oil Prices and the U.S. Economy”, July 24, 2008
Mr. Chairman,
More on Implications of a Weaker Dollar for Oil Prices and the U.S. Economy
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Congress passed a housing bailout bill by a vote of 272 to 152 that, according to the corporate bought media, is a “sweeping measure” that will “stave off foreclosure for 400,000 or more homeowners,” and allow the Treasury to “bolster confidence in Fannie and Freddie” by allowing the government to “temporarily increase its lending” and “buy their stock.”
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The value of the dollar is dropping like a rock and this video is to show how this is affecting the prices of everything from gas to milk.
This video elaborates on the previous video about the dollar and its value.
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I stumbled upon the following article on Economyincrisis.org – Awareness For American Economic Problems that I thought was pretty good.
America today is burdened with deeply rooted and unsustainable economic challenges. From credit debts and loss of manufacturing nationwide, to foreign nations buying our best companies and proping up the economy with loans, these issues impact every citizen. Here are the 16 major problems America faces today:
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Congressman Ron Paul has warned millions of radio listeners that the US is heading into a deadly confrontation with Iran, revealing his disbelief at members of Congress who have openly voiced support for a pre-emptive nuclear strike on the country.
Mr. Williams firmly believes that whoever controls energy controls the economy.
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It would seem that some in the media are beginning to wake up to the truth and are beginning to share what's really going on with the American public, as is evident in the article by Associated Press writer, Tom Raum.
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The following statement is written by Congressman Paul about the pending financial disaster. He will introduce this statement as a special order and insert it into the Congressional Record next week. Fortunately, we have the opportunity to debut it first on the Campaign for Liberty blog. It reads as follows:
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