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Congressman Ron Paul discusses 700 Billion Bailout

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Ron Paul explains specifically why the 700 Billion dollar bailout is a bad idea.

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: Pvtjamesryan2

Length: 07:24
Rating: 4.90
Views: 21211

Tags: 700  bailout  Billon  Blitzer  depression  dollar  mccain  obama  Paul  recession  Ron  wallstreet  Wolf  

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ecogreenfirefly (November 30, 1999 at 12:00 am)
Why is every single time a financial crisis occurs there is a group who promotes deregulation. It didn't work for Reagan in 1988 they had the S & L scandal. Bush has been deregulating for the last 8 years. Paul is definitely an idiot who doesn't have any grasp of economics. He was right about only two things in that entire speech they overspent overseas and over borrowed at home. Why did AIG need a bail out because they insured bad loans that the banks and investment banks traded back and forth.
SCUZ06 (November 30, 1999 at 12:00 am)
America is pretty much Fd in the A. unless people like RP get more power and back up from the masses. Obama hired the pres to the Federal Reserve ( the private bank that claims ur taxes) and mrs clinton. ALl CFR members. its just like poppy bush said. a new world order.
TheRealArchAngel (November 30, 1999 at 12:00 am)
**Example: Going to war with random countries.** Fundemental Question...Are we at war with ny Contries? The U.S. keeps a "peace keeping force" in Iraq via the UN's and Iraqi government's request...I say this as someone who has family serving in IRaq telling me that how the Liberal Media presents the UN operation is utter bullshit, and there is no need for "Tokyo Rose" cause they got US Media in Bagdead to laugh at along with the Iraqi people that want the UN there (for now)
willyrobinson (November 30, 1999 at 12:00 am)
Paul is the man who should be in charge of the Fed - who would do right action...put himself out of a job! Here's an American still behind the man.
lushula (November 30, 1999 at 12:00 am)
hope people know what your talking about when you said NAU. NORTH AMERICAN UNION. many people aren't aware of this ass fucking we re taking and are willing to let their rights and liberties to be taken away in ignorance. REAL ID _ NORTH AMERICAN UNION. look it up PEOPLE!! by the way i was a huge HUGE Ron Paul supporter. We now need to keep him in congress!
lushula (November 30, 1999 at 12:00 am)
i hate math - glad some one knows how responsible we are all going to be for this.
gibsonguy329 (November 30, 1999 at 12:00 am)
I don't think you saw my comment realizing my mistake and apologizing for it. I'm well aware of that fact now. Thank you.
timbrewolf1 (November 30, 1999 at 12:00 am)
Hello Gibsonguy, You must have seen that email that's been floating around that claims that each American would get nearly half a million dollars. Elementary math shows us that $700b divided by 300m Americans is $2,333.33 (per person). I hate to belabor the point with facts but it's an important rudimentary distinction.
gibsonguy329 (November 30, 1999 at 12:00 am)
Instead of using that 700 billion on those businesses, you could have split that up to about 2 or 3 million a piece for each American.
Pvtjamesryan2 (November 30, 1999 at 12:00 am)
Foreign policy refers to how the United States deals with anything outside of U.S. Example: Going to war with random countries.

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