Asked by Anonymous
The IRS is an easily abused bureaucratic organization that has not only the power to force you to give up your property, but they can also dig into your private accounts and records when they deem fit.
Centralized banking was something greatly questioned by our founders. England at one point wanted to place the colonies under the monetary control of the Bank of England which is one of the bigger reasons we rebelled at the time. Many founding fathers, like Thomas Jefferson, criticized Alexander Hamilton who later, pretty much, duplicated the Bank of England with the First Bank of the US. We also had some banking problems during the Civil War but the shit really hit the fan when the Progressives took over and created the Federal Reserve…and like most progressive programs, they’re hard to get rid and easily abused.
Not to mention how the Fed is trying to control the market with artificial interest rates and money circulation. It doesn’t need to be this hard, any real economist will tell you that. This is just another form of control.
This guy mixes just the right amount of humor in his economic educational videos to make a subject like unemployment and big government spending actually pleasing to watch.
There’s a reason why the Fed doesn’t include food and gas prices in their inflation assessments. However, these are the two things EVERY American is involved with on a daily basis whether they like it or not.
What else was on the Romney video? How about his concerns on Federal Reserve and debt situation. Ron Paul people, you should listen to this.
Side note: one year ago, I would’ve never guessed I’d be forwarding a video from Glenn Beck about Mitt Romney; two people I didn’t really care for.
Ron Paul vs. Paul Krugman
Wow, I was looking forward to this showdown for while now. Paul Krugman always manages to make my blood boil and he sure didn’t disappoint me here. His twisting of Milton Friedman’s economic policies are laughable at best and just proves what kind of slimy toad he is. People like Krugman love to over-complicate very simple principles that in turn end up screwing them up.
I’ve always applauded Ron Paul’s fiscal policies and theories and only wish he had stuck strongly with them during his Presidential bid rather than exploring his libertarian anti-war nonsense every chance he got.