Ron Paul Warns Of Federal Reserve Power Grab: Infowars Nightly News
Kurt Nimmo www.infowars.com www.prisonplanet.tv February 6, 2012 Not only was Obama’s appointment of Richard Cordray to the misnamed Consumer Financial Protection Bureau (CFPB) unconstitutional, but the newly minted federal leviathan itself is in direct violation of Constitution, specifically the Tenth Amendment. In January, Obama thumbed his nose at Article 2, Section 2 of the Constitution. It states that the president “shall nominate, and by and with the Advice and Consent of the Senate, shall appoint” officers to the government. But as Ron Paul notes in the above video, the new agency — founded under the Federal Reserve dominated Dodd-Frank Wall Street Reform and Consumer Protection Act — is itself an unconstitutional monster that will further degrade the financial health of the country. Cordray will act as a czar answerable not to the American people, but his masters at the Federal Reserve. Like an EU or Soviet era committee, the CFPB will be run by unelected commissars who will exercise extraordinary power. The agency is part of the Federal Reserve and its budget is not subject to congressional control or oversight. On January 4, the agency began to regulate nonbank services, including debt collection, consumer reporting, prepaid cards, debt relief services, consumer credit and money transmitting, check cashing, and related activities. It claims the authority to supervise any nonbank that it decides may pose a “risk” to consumers or engages in “unfair, deceptive …
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Some of the money went to intentionally bankrupted banks, which adds insurance fraud to the bank fraud.
Royal Bank of Scotland (UK): $541 billion ($541,000,000,000)
JP Morgan Chase: $391 billion ($391,000,000,000)
Deutsche Bank (Germany): $354 billion ($354,000,000,000)
UBS (Switzerland): $287 billion ($287,000,000,000)
Credit Suisse (Switzerland): $262 billion ($262,000,000,000)
Lehman Brothers: $183 billion ($183,000,000,000)
Bank of Scotland (United Kingdom): $181 billion ($181,000,000,000)
BNP Paribas (France): $175 billion ($175,000,000,000)
One of the reasons I mistrust Paul is he underplayed that the debates.
Citigroup: $2.5 trillion ($2,500,000,000,000)
Morgan Stanley: $2.04 trillion ($2,040,000,000,000)
Merrill Lynch: $1.949 trillion ($1,949,000,000,000)
Bank of America: $1.344 trillion ($1,344,000,000,000)
Barclays PLC (United Kingdom): $868 billion ($868,000,000,000)
Bear Sterns: $853 billion ($853,000,000,000)
Goldman Sachs: $814 billion ($814,000,000,000)
and
@StratusBlue Didn’t Ron Paul get a partial audit of the Federal Reserve?? I think there was a deal on cspan where they were asking where l2 Trillion went…….
@lynnej1970 I certainly will do……as you will the same???? Blessings!!!!
@Saturnos8 I almost missed this one……it was flagged as spam…….well, I just unspamed it!!! I totally agree with you and I have seen where Ron Paul is always trapping Bernanke. I have watched a ton on cspan also…… if you haven’t tried the cspan on utube, you might want to try it…..
@ljwoolley1950 so funny thats the sight i wanted you to watch,lol.hacking democracy,great minds think alike,i seen it,thats the link i put below, but mine has 9 parts where your link was the full movie in one video which would probably be the better option so ppl dont have to keep clicking to the next,ive been posting it also,its a must,,im glad u are too,its amust. if you find anymore good vids dot hesitate to send them to me. ..take care..
ALL OF YOU NEED TO WATCH HACKING DEMOCRACY ON YOUTUBE….. youtube.com/watch?v=rVTXbARGXso
@lynnej1970 You need to watch this too and spread the word about it…….Hacking Democracy….on youtube youtube.com/watch?v=rVTXbARGXso
@smartazuis The only thing bad about the payroll tax cuts is………they are cutting the taxes for SOCIAL SECURITY & NOTHING ELSE!!!! That means less into social security and more money into their hands right now!!!!! Ron Paul is the ONLY hope that we have. He is the only honest one in the whole bunch running!!!!!
@lynnej1970 It’s the NWO thing…….they are really pushing fast for everything now. I hate this. Obama is breaking every constitution that he can break. All are trying to completely do away with it. I wish there was some way that we could charge them all with treason!!!!! Send them to jail and throw away the key!!!!! Yes, it is all INSANITY!!!! Almost all of our politicians need to GO!!!!!! Later!!!!
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@StratusBlue The Federal Reserve prints our money, as frequently as they want. Something happened to me today that I want to tell everyone about. I went to order a book today…didn’t know the author was from UK, went to check out, the book was double the price. They had changed the price because of devaluation of the dollar. It turned out the real price was twice as much as they listed it for!!!! Guess our dollar is almost gone!!!!! SPREAD THE WORD!!!!!!
@JemmaDream We can’t wait for Rand…….We have to do something now or America, as we know it will be gone!!!!!
@ljwoolley1950 no probs..im yet to check yours out but i will,as i look at everything im sent also knowledge is power we all must start thinkin,,the interent is great many can pass on things we likely may have neevr got the chance b4. yes ive looked into haarp chemtrilas,poisonous water the lot,goes on&on,,they call the ppl against wars terrorists its blows my mind how ppl that want peace are enemies of the establishment,,its just insanity.bye
its between good and evil…
@lynnej1970 Thanks for the link. I haven’t seen this one, but have seen several on HAARP. Very interesting piece of equipment. I just wonder how much experimenting they have already done!!!???? Cheers to you too!!!
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In some ways Ron Paul doesn’t go far enough (I think he’s great though). I am already seeing that maybe it will have to be Rand in the future, or someone similar…does anyone here agree???
@ljwoolley1950 YER I KNOW ITS A BLOODY JOKE ,,SURE ILL TAKE A LOOK AT THE LINK YOU POSTED..IF YOU LIKE TAKE A LOOK AT THIS IF U HAVNT SEEN IT,,AND PASS IT ON,,IVE NOTICED NOONE DURING THIS ELECTION HJAS MADE COMMENTS ,ALTHOUGH I AM AWARE YOUTUBE CHEAT ON HOW MANY VIEWS AND CAN EASILY TAKE COMMENTS AWAYY CHEERS
sorry youtube.com/watch?v=-hNxBa6KENE
@Saturnos8 The Globalists get it ALL, you are right!
@ljwoolley1950 The Globalists/Elitist Bankers = the Shadow Government that is controlling our lives, the “Fed”, the IMF,World Bank,UN, etc. BTW, just because Bernanke says he doesn’t have it, so what? We can’t believe what sociopathic liars tell us can we? Check out YouTube vids on how Ron Paul is always trapping Bernanke. Its vital that Ron Paul gets nominated or runs Libertarian to win, if not ,it doesn’t matter whatsoever about where the gold is or the Fed, Globalists, etc.
Can an international conspiracy of currency creators destroy the value of the USA dollar?
ONLY as long as CONGRESS allows USA money to be coined & controlled by THAT CONSPIRATORIAL GROUP.
That group would THEN be exposed to the blame, their assets seized, their leadership hung for treason and that A1 Sec8 power restored to the people. AS SOON AS A POINT OF TOLERANCE was exceeded that GROSS failure of the conspirators would occur.
So they need World War III right now, or they will surely die.
If Congress had chosen salmon eggs for the raw material from which USA money was coined, the Bank of England would have killed every salmon on Earth.
Our “national bank” was a mortal threat to every “royal bank”. Nobody would stand for royalty if the USA remained a genuine asset of We The People. So the Bank of England had no choice. It was life or death for every elitist institution that had existed for as much as 2000 years.
How much would OUR 100% National bank thrive?
The “credit system” devised by Alexander Hamilton is very honorable. Hamilton was OBSESSED with honor. If you read his Federalist Papers and his arguments as one of our nation’s GREATEST LAWYERS you will understand his LOVE OF JUSTICE.
Hamilton’s system (which retired every state’s war debt) swapped debt. His “sinking fund” rates on loans ranged between 3-6%. Today’s credit cards would be considered treachery by Hamilton, because they are.
Your point about oil is another great point. USA assets like oil “back” the USA credit too. Once one can grasp that the USA is an asset, one can see that MONEY is not anything more than a unit of value. Control is everything. A1 Sec 8 becomes brutally clear. The veil lifts.
Congress SOLD control. Only Congress got the proceeds of that sale. Those men are dead but their sale was illegal. NOW Congress is PAID OFF to ignore the sale. Its still illegal.
Congress layered the lie with gold in 1881.