bobbyw24
02-05-2010, 05:48 AM
Washington DC - The Libertarian Congressman from Texas and a Republican Candidate for Senate from Connecticut share something in common with January 19th, 2010. That something they share is the view that the United States is on the road to ruin and the Federal Reserve is at the center of the blame with their inflationist measures.
Ron Paul and Peter Schiff are long time opponents of the Federal Reserve and its onerous policies. Ron Paul is a likely Candidate for President in 2012 while Schiff is running for Senate from the State of Connecticut. Schiff is a fund manager for Euro Pacific Capital.
And January 19th was the day the the Federal Government, with control still in the hands of Liberal Democratic Party, declared all out war on the private capitalist system. The trigger for this declaration of war was the election of Scott Brown for Senate in Massachusetts.
The uprising of voters from the liberal State of Massachusetts only emboldened President Obama to pursue his liberal agenda. President Barack Obama issued directives against banks in an overt attack on capitalism less than 48 hours after the election with the announcement of the "Volcker Rule":
President Barack Obama today declared his intent to take on Wall Street by announcing plans for stringent rules on the banking sector that prompted comparisons with the draconian regulations introduced after the Great Depression.
In the boldest move taken by any government around the world to respond to the financial crisis, Obama told banks they would no longer be able to take risky bets with their own capital to make money on the financial markets.
Banks which take deposits will not be allowed to use their own money to take bets on markets, run hedge funds or make private equity investments through what he called the "Volcker rule" after former Federal Reserve chairman Paul Volcker.
He also wants to prevent further consolidation of the financial system in the US and will ban takeovers and mergers among American firms in the sector.
Finish at:
http://beforeitsnews.com/story/15898/What_Do_Ron_Paul_2012_Revolution_Peter_Schiff_For_ Senate_And_January_19th_2010_Have_In_Common_Scott_ Brown_Video.html
Ron Paul and Peter Schiff are long time opponents of the Federal Reserve and its onerous policies. Ron Paul is a likely Candidate for President in 2012 while Schiff is running for Senate from the State of Connecticut. Schiff is a fund manager for Euro Pacific Capital.
And January 19th was the day the the Federal Government, with control still in the hands of Liberal Democratic Party, declared all out war on the private capitalist system. The trigger for this declaration of war was the election of Scott Brown for Senate in Massachusetts.
The uprising of voters from the liberal State of Massachusetts only emboldened President Obama to pursue his liberal agenda. President Barack Obama issued directives against banks in an overt attack on capitalism less than 48 hours after the election with the announcement of the "Volcker Rule":
President Barack Obama today declared his intent to take on Wall Street by announcing plans for stringent rules on the banking sector that prompted comparisons with the draconian regulations introduced after the Great Depression.
In the boldest move taken by any government around the world to respond to the financial crisis, Obama told banks they would no longer be able to take risky bets with their own capital to make money on the financial markets.
Banks which take deposits will not be allowed to use their own money to take bets on markets, run hedge funds or make private equity investments through what he called the "Volcker rule" after former Federal Reserve chairman Paul Volcker.
He also wants to prevent further consolidation of the financial system in the US and will ban takeovers and mergers among American firms in the sector.
Finish at:
http://beforeitsnews.com/story/15898/What_Do_Ron_Paul_2012_Revolution_Peter_Schiff_For_ Senate_And_January_19th_2010_Have_In_Common_Scott_ Brown_Video.html