Paul Ryan Questions Bernanke
Posted by admin in Finance Saturday, 12 March 2011 00:12 25 Comments
Airtime: Wed. Feb. 9 2011 | 10:46 AM ET Fed Chairman Ben Bernanke takes questions on the economy and inflation, and the impact of current Fed policy from Rep. Paul Ryan, (R-WI). safetyjoe-infobomb.blogspot.com Ron Paul Video Playlist www.youtube.com Rand Paul Video Playlist www.youtube.com Peter Schiff Video Playlist www.youtube.com Jesse Ventura Video Playlist www.youtube.com Freedom Watch Video Playlist 02/09/11 www.youtube.com Gerald Celente Friends blogs.myspace.com Max Keiser Friends blogs.myspace.com Alex Jones Friends blogs.myspace.com Jason Bermas Friends blogs.myspace.com FAIR USE NOTICE: This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 USC section 107 of the US Copyright Law.
He’s lucky Americans are too stupid to understand.
@blondiebabae
Exactly, but not as you intended. The USGS has regulatory powers but it wasn’t using them. This isn’t a failure of regulations.. it was a failure of regulators. The USGS became a frat-house in the 2000s. Under Republican control, the USGS was having coke parties, and sex with energy industry lobbyists. For all intents and purposes, there was no regulation. Dems knew this and didn’t get it fixed.
The problem wasn’t lack of regulation, it’s that they effectively didn’t exist.
@ffakr
Regulations CAN force corporations to do business more ethically, but frivolous regulation just creates added expenditure (time/resources) that is then passed on where ever possible.
Look at the deepwater horizon. The regulators let BP fill out their own inspections, so what good did it do? So these “regulators” took a salary for the year while people and animals died, and the rest of the country began the debate of how much more regulation we need.
@blondiebabae
3) regulation can cause inflation.. by forcing corporations to deal with their real costs of production. The difference between you and me, apparently, is that I would rather have Industry price in their pollution (or other costs) in from the start rather than having me pick up the costs on the back-end through my taxes [like EPA Super-fund cleanup costs]. Lack of regulation can allow business to ignore these costs and push them to the public. It leads to corporate welfare.
@blondiebabae
1) Ryan and his ilk HAVE predicted hyper-inflation for decades. Where is it?
2) I suggest the results of research grants towards energy would stabalize our economy as we increasingly get off foreign produced non-renewable energy (energy, an important metric in inflation.. even if indirectly). You disagree with this how?
3) .. comming
I am apolitical. That said, Mr. Ryan, you are a moron. When all is said and done, Scott Walker is going to go down as the Governor who fought the common man, the working man. Your horse, whether you like it or not, is now hitched to the cart of this political idiot. Walker has ruined his political career by attacking a union. The voters will now associate you with him. You want to be president one day, don’t you? You’ll never win the working vote, now bound, as you are, to anti-unionism.
Wow, Bernanke really is impressive. He’s right across his subject matter. And Ryan was asking far more difficult and indeed economically literate questions than anything Ron Paul as able to muster.
Those hoping for the imminent collapse of the USA had better take the Fed out of the picture first.
@rebjiii
Horrible metaphor, but cute imagery. Freud would have fun with you, wouldn’t he?
3% hmm? Sounds like you’ve done some interesting research.
@AngryGoyim
I’ve been lied to by every color and creed. Generalizations are for the intellectually lazy
@ffakr
You say Ryan and Paul don’t know what they’re talking about, and suggest government research grants as a means of combatting inflation? You guys have to tie this green energy garbage into EVERYTHING don’t you? This is why other people to come to the realizations you’d like them to.
You have to be careful of over-regulation as well, as it can increase costs, and bring about the same symptoms you were worried about with inflation
Ryan wants to privatize you and your childrens future by taking your social security and giving it to the bankers. This means you and your children will have nothing! This nigger sucks Wall Streets cock-and swallows! You have been warned!
Jews.
An entire race of pathological liars…
Fear mongers (McCartyites) like Paul Ryan have been predicting hyper-inflation for decades now. How long do they have to be abjectly wrong before people realize they don’t know what they’re talking about (or lying)?
If you’re really worried about overall inflation, invest in alternative energy research grants and implement common-sense market regulations that prevent the type of food commodity speculation we see today.
P.S. Paul Ryan the right’s great hope.. Voted YES on TARP, Auto-Bailout..
ECONOMIC GROWTH DOESN’T CAUSE INFLATION IF ANYTHING IT CAUSES PRICES TO GO DOWN. Bernanke is soooo full of shit
listening to paul ryan on the topic of economic growth is comparable to listening to tiger woods on the topic of marital fidelity.
what paul ryan knows about economics could fit into the reservoir tip of a condom .
in paul ryan’s wettest of wet dreams – paul has 3% of bernanke’s knowledge on the topic of monetary policy.
Ahh, no one can beat Ron Paul at thrashing Bernanke. It is a valiant effort from Ryan, but the way the ask the questions he allows Bernanke to sleeze out and put up his con act to the American public. But still respect to Ryan!
The numbers don’t lie. Bernanke does and continues to print money (quantitative easing) which devalues the dollar. Where in the US Constitution does it grant power to the Fed to print money because of unemployment or the economy?
@coldkidc I think you mean “core inflation” not CPI, which actually includes food and energy. The CPI is bogus, because food, energy, and most other prices are greatly distorted using hedonics and geometric weighting. It’s laughable that Ben can sit there, and say with a straight face that food and energy are only up 1.1% Where the hell does he buy his groceries and gas?
the government gives authority to the FRB to issue the money and loan it back to the government charging a compounding interest rate. Then the government uses this compounding debt as primary justification for an immoral extorted theft tax system. I say since its our country that we become the creditor issuers of the money as a debt to the government and the banks as well as the real owner Rothschild family Kabla putting them into perpetual compounding debt. The miricle of compounding rates.
when a country borrows its own curency from a private bank corporation to me it would fit the description debase of its currency the most insidious thing that a country can do, I say a country is only an illusion to the population in reality who creates the fiat debt issue at usury money owns and controls the extorted theft tax debt slave control system. The system is set on de population mode.
It would be more interesting if peter schiff was asking the questions.. i hear they have differences haha
@Odin1978 I do not hear any fear. He seems a lot more relaxed today then he did in 2008 when I did hear fear.
His voice ALWAYS quivers and stammers because he is ALWAYS lying.
The Fed is committed to price stability? Hey I’ve got some ocean front property here in IDAHO. Anyone interested? A dollar in 1913 had the purchasing power of about $30 in today’s money…price stability? Thieves through stealth
Go ahead, listen to all the nonsense. Buy more gold, from Soros. The multiplier is still below 1.00 and this little guy is asking about inflation… in the USA????? Bernanke rules!