Ron Paul on conspiracy theory with Ventura

[robertwerden]

Watching it now. They are doing this episode on the Federal Reserve

[thehighwaymanq]

We've never had more people talking out about the Fed at once before. Glenn Beck's been speaking it up a lot, now Ventura on his show, always Ron, and now Rand is coming through big with the audit.

[Austrian Econ Disciple]

We've never had more people talking out about the Fed at once before. Glenn Beck's been speaking it up a lot, now Ventura on his show, always Ron, and now Rand is coming through big with the audit.

*In our lifetimes. The Federal Reserve was a constant staple of political discourse from its inception to about the mid 1940s. Charles A. Lindbergh really loved to sock it to 'em in the '10s.

http://en.wikipedia.org/wiki/Charles_August_Lindbergh

I do like me some Charles Lindbergh! :p

"To cause high prices, all the Federal Reserve Board will do will be to lower the rediscount rate..., producing an expansion of credit and a rising stock market; then when ... business men are adjusted to these conditions, it can check ... prosperity in mid career by arbitrarily raising the rate of interest. It can cause the pendulum of a rising and falling market to swing gently back and forth by slight changes in the discount rate, or cause violent fluctuations by a greater rate variation and in either case it will possess inside information as to financial conditions and advance knowledge of the coming change, either up or down. This is the strangest, most dangerous advantage ever placed in the hands of a special privilege class by any Government that ever existed. The system is private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money. They know in advance when to create panics to their advantage, They also know when to stop panic. Inflation and deflation work equally well for them when they control finance."