Wednesday, September 30, 2009

(CC) Ron Paul is interviewed by Jon Stewart of The Daily Show (9-29-2009)

Here is a subtitled version of Ron Paul's appearance on The Daily Show with Jon Stewart from Tuesday, September 29, 2009. The interview is approximately 9 minutes in length, and Ron Paul talks about the Federal Reserve, amongst other issues. Jon Stewart was very respectful towards Paul in this second interview, just as he was when interviewing Paul way back in June of 2007 (Transcript of that interview here).

Before one views the below video, it is important to understand that the United States of America is BANKRUPT!! Our unfunded liabilities are at $60 Trillion Dollars. That means that the share for each and every one of us is $192,000.00. To put that in perspective, your child will be a debt slave from the day he or she is born. "According to the U.S. Government Accountability Office, if reckless fiscal spending continues, the entire federal budget will be consumed by Social Security and Medicare payments by 2040". Wonderful! Just in time when folks in their late 20's and early 30's right now are about to retire and after having paid into the Social Security Ponzi Scheme their entire lives.

I know what some folks are thinking. If Paul gets his way, people will be out on the streets. No! Paul is the only one who actually has a plan to pay for all of this. Scale back our military empire around the world and use that money to help the people who we have taught to become dependent on the Government to take care of them from cradle to grave. Eliminate the Income Tax and the I.R.S. for a much fatter paycheck every two weeks, just when the American people need it the most (instead of having the special interests and lobbyists fighting over who gets to spend our money that we worked for). Audit the Federal Reserve for the first time in it's 95+ year history and figure out exactly what the third Central Bank of the United States is up to and who they loaned our money to. Thomas Jefferson and Andrew Jackson killed the first two Central Banks, and with our help, Ron Paul can kill the third.

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning". - Henry Ford

"I believe the banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake up homeless on the continent their fathers conquered." - Thomas Jefferson

"The Fed is using all its power to drive the monetary base to unprecedented heights, creating trillions in new money out of thin air. From April 2008 to April 2009, the adjusted monetary base shot up from $856 billion to an unbelievable $1.749 trillion. Was there any new wealth created? New production? No, this was the Ben Bernanke printing press at work. If you and I did anything similar, we would be called counterfeiters and be sent away for a lifetime in prison. But, when the Fed does it - complete with a scientific gloss - it is seen as the perfectly legal and responsible conduct of monetary policy." - Ron Paul


A majority of our problems have to do with the Federal Reserve and their "printing press", which inevitably leads to higher prices in the supermarket and other places, while working wages remain stagnant. The Poor (especially those on Fixed Incomes) and the Middle Class (which is dramatically being wiped out as we speak) are the ones that suffer from this hidden "Inflation" Tax created by the Federal Reserve printing press. No matter how good the intentions of any such government program is, no one bothers to ask how we're going to actually pay for these "free" programs. Instead, appeal to emotions are the rule of the day.

If you had a teenager who was running up her credit card like crazy, buying things she couldn't afford and didn't need, you'd cut up her credit card and teach her to live within her means. Ron Paul has always said that "those who live beyond their means are destined to live beneath their means". With all that said, check out this interview. I was hoping Paul would have more time to talk, but maybe Stewart will give him a full half-hour one of these days. It is amazing to me that Stewart is one of the best newsmen in the business, and he's a comedian with a show that airs on Comedy Central. Where have the Walter Cronkites of this world gone?