Thursday, September 17, 2009

Arianna Huffington and Ron Paul Agree! (MSNBC Interview, 9-15-2009)

On MSNBC's "Morning Joe" show (9-15-2009), Arianna Huffington (founder of The Huffington Post) and Representative Ron Paul are interviewed. What I really liked about this clip is the fact that Huffington and Paul agreed with a lot of the same things and were friendly and respectful to each other.

The topic of the interview focuses on the economy. Host Joe Scarborough points out that Paul predicted the housing collapse way back in 2003 when virtually nobody else on the Banking Committee, in Congress, or within the mainstream media did. Paul criticizes the Federal Reserve and says, "so with all these good intentions of helping poor people, the very people who are doing this are actually making it more harmful and hurting those they want to help". Huffington agrees "with Congressman Paul that this is not capitalism. This is not free enterprise capitalism". She then says that what we have now "is really (an) oligopoly. We have 92 smaller regional banks that have failed but the five big banks are bigger than ever, their profits are growing, their toxic assets are still on the books."

Both Huffington and Paul also agree that "Corporations, drug companies, and insurance companies" will come out well when the Medical Care Reform eventually passes (as it's probably just another form of corporate welfare, ala the bank bailouts). I know there are still folks who believe that Ron Paul would abolish everything in sight, but that is simply not true. In fact, he's the only one who has an actual plan for how to pay for the health care needs of those who have been taught to be dependant on the government to provide for them!

At the conclusion of this interview, Paul warns that by propping up all of the toxic assets, "we are working very hard to perpetuate this problem into the second great depression". Let's hope he's wrong, but he also predicted the 1987 Economic Recession in 1983 (The video link does not work, but the comments on Digg are hilarious).

The Bankers, Corporations, and Special Interests that OWN the Mainstream Media and virtually all of Congress are the same people that smeared and marginalized Ron Paul to ridiculous degrees.

For the Deaf/Blind readers, here is the transcript of the interview and of the book plug from the second video.

(PLEASE NOTE: You may have to use a different browser in order to see the subtitles. Make sure you click on "choose language as" and drag it to English in order to activate the subtitles)

On the topic of the Federal Reserve, I find it fascinating that Jim DeMint (a conservative), Bernie Sanders (a self-avowed socialist), Dennis Kucinich (a liberal) and Ron Paul can all agree to support H.R. 1207, "Audit the Fed". Here is a bi-partisan video featuring mostly Democrats like Representative Alan Grayson talking about why we need to Audit the Federal Reserve.

In the final comments for this post, here is a video of Paul dispelling the rumors and myths about H.R. 1207 (spread by those who want the status quo maintained) in a blistering speech on the House floor on 7-30-2009.