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Sunday, February 5, 2012

Glenn Beck: Banks are a really bad thing…

Posted by The Interest on January 21, 2009

From an interview of Ron Paul by Glenn Beck on 1/21/2009, Beck says this…

Banks are a really bad thing when we get in bed with them.

The blame of banks is increasing but the blame of the system (federal reserve banking) hasn’t caught on with enough people yet. Including these TV hosts.

Ron Paul on Geithner’s Confirmation Hearing

Posted by The Interest on

Ron Paul comments on Tim Geithner confirmation hearing today, 1/21/2009 on Bloomberg TV:

What has to be challenged is this concept of fractional reserve banking where debt is pyramided. That’s the problem and it has to be unwound and a new system has to be devised. This system has ended just as Brenton Woods ended in 1971. The post Brenton Woods system has ended too and that’s why the financial system doesn’t work.