Liberty MavenRon Paul, Stress tests are a smokescreen
May 7th, 2009 10:20 pm | by Marc Gallagher | Published in Banking, Big Government, Commentary, Economics, fascism, Free Market, government spending, inflation, Market Regulation, Money, Ron Paul, Taxes | 1
Ron Paul appeared on Fox Business News today to discuss the release of the Bank “Stress” test results. He calls the tests propaganda and a pretense for more central economic planning.
To me this seems like just more smoke and mirrors by the Obama administration to try to drum up support for using more tax payer money to prop up bad banks. How nice it is for them that right when these results get released the stock market is doing better and the main stream business news outlets are falling all over themselves acting like we are on the brink of an economic recovery. I heard an “economist” on TV yesterday make the claim that the bottom is in.
I hope the bottom is in, but the bottom for stocks doesn’t necessarily mean the bottom of the housing market and the overall economy. For instance did you know that the government does not include housing in the CPI number? Housing is a consumption good. If it were included the CPI would be at a 5% decline year over year right now.
We are supposed to accept the “truth” from the very organization that benefits from lying to us. Perception is not reality when the government is involved. We get smokescreen after smokescreen.
But I digress… Watch Ron Paul below. Note that the video cuts off abruptly at the end, but it ended right after. Thanks to MinnesotaChris for the video.
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May 8th, 2009 at 2:26 pm (#)
Transparency, what an interesting word. If there was "transparency" in the Federal
Reserve, it would expose the "invisible" government that has ruled over the elected government since at least Dec.23 1913.
Will the debate to audit the Fed expose the public to the FACT that it is owned by a conglomerate of "private" banks whose exact membership is kept totally "secret" ?
Will the debate expose the FACT that the Rothschild banking dynasty has had total
control of the Federal Reserve (& the other Central Banking systems on our planet)
for the last "96" years ?
Optimistically, I would say yes these FACTS will rise to the surface during this debate.
Pessimistically, I would expect the MSM (Main Stream Media) to bury the truth, because
the Rothschilds have had control of the MSM (they have owned Reuters since the 1800's) for even longer than the Federal Reserve.
The corporate monopoly control of the MSM, is just as detrimental to our free society
as the control of our currency.
Info Wars !
It is what it is.