Ron Paul talks about restoration of stock market confidence (10/10/2008)

[Chibioz]

http://www.youtube.com/watch?v=yallVgJRJPs

Wasn't sure if this had been posted, apologies if it is a repost.

[politicus]

Thanks for the heads up Chibioz.

In "On Restoring Market Confidence", Dr. Paul criticizes Bush's five minute speech and cautions that no five minute speech is going to restore confidence. We can only regain confidence by ending overspending.

This video is also available on the Campaign for Liberty website as well as two other videos: "On Market Intervention" and "Ron Paul on the End of Capitalism.

In "On Market Intervention", Dr. Paul states that continued intervention will destroy the dollar. We are struggling to maintain the dollar as the reserve currency. Once the world realizes that the dollar cannot be maintained, it will be dumped.

In "Ron Paul on the End of Capitalism", Dr. Paul points out that capitalism did not cause the great depression, the Federal Reserve did by trying to keep prices up, which prolonged and lengthened the depression. There hasn’t been a free market for socialism. We are now socializing the financial system.

This information shouldn't be new to anyone on the forums, but it is good to share with everyone else.