Ron Paul’s Fractional Reserve Banking Congressional Hearing – June 28 2012

This is a very important and critical topic. I agree with Lori’s comment to this video. When will enough Americans wake up? We must keep up the informative and good fight for the sake of our country, ourselves, our children and future generations.
President Ron Paul 2012—NEVER give up the good and proper fight!
I became a Ron Paul fanatic over economic issues and then quickly realized how correct he is on our nation’s out of control and unconstitutional interventionist foreign policy and the threats to our individual liberty. Only with the American people standing up for our Liberty and Constitutional rights can we stop this destructive nonsense.

FRB system has created a monster eating it’s own tail. When the “federal reserve” was allowed to manage our economy, the phenomena slowly and surely invited all thieves of any collarr-color to take advantage of its flaws, and as the discipline of gold was removed the flaws increased exponentially and soon debt became the reserve to administer. Why not consider throwing the whole thing away rather than discussing ways to save it? Start over, nullify all debt and let the Treasury issue new gold-backed money. All the empty seats in this hearing would of course be screaming from their offices…”You can’t do that!!”
I’m glad this on-record conversation exists at all so that more Americans might see the insane direction FRB is headed for. Thank you.

To answer Mr. Jones question. I would use the mathematical formula used to win WWII created by Charles Deming. Then used by the Japanese to make the best cars in the world and over take the American car companies and is now being used for the manufacturing of all goods and processes around the world ISO 9001 inspection procedures. The parabola curve. For all laws and bills in order to reconize the results wanted and the blow back not desired. So bad laws would automaticlly be discontinued or adjusted to get closer to the desired result.

What is truly sad, almost all of our legislators are clueless on economics. Considering the state of our economy and a looming currency crash, the room is empty. Dr Paul has assembled a very impressive group of experts of whom could educate our legislators. However, our legislators don’t think we pay them to learn anything, they are in DC to learn how to make back room deals and how to be one of the good old boys (or girls).

We elect these 535 people to congress and this is a Congressional Hearing but they aren’t hearing. They won’t even bother to give up an hour later, to see this on video. I realize a few are in other meetings, like the oversight committee while the rest are doing very important “things”. Like meeting with lobbyists who are schooling them on what to vote on to best serve special interest groups at the detriment of their constituency. That’s why they think we elected them.