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Federal Reserve Vice Chair Donald Kohn grilled by Ron Pauk and Congrssmen Grayson

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January 15, 2009 – Comments (11)

Ron Paul is no longer stands alone, Congressman Grayson steps forward to grill about the FED and Treasuries slush funds.

Ron Paul at Financial Services Hearing 1/13/09

11 Comments – Post Your Own

#1) On January 15, 2009 at 9:25 AM, madcowmonkey (< 20) wrote:

Spent or Lent at 4:15 hillarious.

I can't even understand Barney Frank. Maybe that is why everybody is confused with what is going on.

Ron Paul is just calling the entire system and its policy insane. I tend to agree with him without a doubt.

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#2) On January 15, 2009 at 9:27 AM, GNUBEE (24.81) wrote:

Looking forward to February

All these secrets should be yet another indicator that Banks Balance sheets are so screwed up that we can't even know they need life support.

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#3) On January 15, 2009 at 9:52 AM, whereaminow (72.87) wrote:

Simply the greatest thing ever!

Barney Frank, you're a worthless piece of garbage. I wish I had a shoe to throw at you.

Grayson, you're my f'n hero. WAY TO GO BIG MAN!

Regards,

David in Qatar

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#4) On January 15, 2009 at 11:50 AM, mysoftballcoach (56.88) wrote:

Grayson is a grandstander.  The Fed can NOT name the names.  Last year one of the congressman mentioned he was worried about IndyMac bank.  Within a couple of weeks there was a run on the bank and the FDIC had to step in.  That was peanuts compared to what we are now looking at.  IF the Fed named names, imagine the panic and the runs on the banks involved.  

IT WOULD RESULT in an entire collapse of the banking system.  

Coach 

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#5) On January 15, 2009 at 1:09 PM, AnomaLee (29.19) wrote:

WTF did Barney Frank say?

BTW... When did Ron Paul transcend into pimping? Lately, hesems to always have two or three women on his shoulders.

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#6) On January 15, 2009 at 2:49 PM, GNUBEE (24.81) wrote:

Advisors AnomaLee, Advisors.....When he starts driving a 2 door lincoln with a spare wheel on the trunk, and sports a fedora with a pheasant feather, then we know somethings up.

Coach, I agree. The most fragile thing now is confidence. Spilling the beans would shatter any that exists.

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#7) On January 15, 2009 at 4:19 PM, abitare (99.42) wrote:

ALCON,

 

Thanks for the replies.

 

madcowmonkey,

Barney Frank is bless with the worst voice, it is almost impossible to listen to him talk/lie. The fact that he ran a male prostitution ring out of his house makes him the perfect choice to oversee this criminality. To him it must seem trivial to what he likely witness in his own home.  

Ron Paul is just calling the entire system and its policy insane. I tend to agree with him without a doubt.

Aligned here.

GNUBEE,

All these secrets should be yet another indicator that Banks Balance sheets are so screwed up that we can't even know they need life support.

Yep, I own FAZ to prove my belief.

whereaminow,

Barney Frank, you're a worthless piece of garbage. I wish I had a shoe to throw at you

I might call in the Irish Neocon Bill OReily here:

mysoftballcoach,

 

 IF the Fed named names, imagine the panic and the runs on the banks involved.  

 

I am not worried about the banks; I am worried about systemic collapse and violence. You trust too much, those that have lied to you and led you astray.

 

Take some time and read The Creature for Jekyll Island and let me know you trust these guys. Or watch Money as Debt on youtube.

 

AnomaLee,

WTF did Barney Frank say?

No idea, really, it is impossible to take…his voice is horrible.

Ron Paul hesems to always have two or three women on his shoulders.

Actually, I understand he will not travel alone with women, he still has his first wife. Can you believe it?

GNUBEE

Advisors AnomaLee, Advisors.....When he starts driving a 2 door lincoln with a spare wheel on the trunk, and sports a fedora with a pheasant feather, then we know somethings up.

LOL!

Coach, I agree. The most fragile thing now is confidence. Spilling the beans would shatter any that exists.

Not sure I agree, the people that caused the mess are now in charge of cleaning it up? I think undermines the legitimacy of the whole system.

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#8) On January 15, 2009 at 4:23 PM, abitare (99.42) wrote:

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#9) On January 15, 2009 at 9:49 PM, GNUBEE (24.81) wrote:

abitare, I dont disagree that the system is rotten, but taking out the trash now could make it really get bad quick.

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#10) On January 16, 2009 at 2:19 AM, whereaminow (72.87) wrote:

"If a dystopian nightmare of the totalitarian state finally arrives in the United States, it will be a result of a compromise, and there will be people around until the very end who will insist that we should be grateful because it could be much worse. " - Lew Rockwell

http://www.lewrockwell.com/rockwell/dont-cave.html

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#11) On January 16, 2009 at 9:49 AM, GNUBEE (24.81) wrote:

whereaminow  OK, so we should expose to the world that we are bankrupt, and hollow and create global chaos? I fail to see how that is better. Unless I can be fairly certain of the majority of ramifications to scrapping the system, I'll leave it be.

That is if you are saying we are a totalitarian state (hint: were not-- becoming more socialized -- but not totalitarian) and need to be disasembled like johnny 5.

I don't think any of us could fully grasp the societal impacts of making our financial system collapse. And I personally don't want to find out what happens.

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