Ron Paul on the Housing Bill

LlanaG Says:

Sep 22, 2008 - I find all of this horribly upsetting. I can't imagine how this seems like a good idea to anyone but those financial institutions. Just give the people their money back and leave us alone. That's all the bail out WE need. And if those big companies fall, its not our problem. Since when is it our problem to keep failed companies rolling?! grr....

monkinator66 Says:

Sep 22, 2008 - we didn't exercise responsibilities that,in fact, are more important aspects of being a true American than rights. this lack of exercise rendered both our rights and our responsibilites fat, lazy, stagnant & stupid. examples: vote for your selected candidate (don't select) turn a switch-it's EASY!-on your television(radio) for your download (don't think for yourself) watch a robbery (don't act)

sagondo Says:

Sep 23, 2008 - 1.why should tax payers reward the banks for bad judgment and behavior? 2.Why the hurry and secrecy? 3.Why are foreign banks included? 4.Why are the architects of this proposal demanding a stipulation that will prevent it from ever being revisited,reviewed? 5. why is there only ONE person who will have the power to distribute the money as he sees fit? 6. Why are the details regarding the bailout being held behind closed doors? 7. Why is there NO punitive aspects included in the bailout?

iamauscitizen Says:

Sep 24, 2008 - The SUB PRIME LOANS which caused this crisis in the Mortgage Industry are always in the HISPANIC COMMUNITY across the country. Who is responsible for giving the SUB PRIME LOANS TO MAJORITY HISPANIC PEOPLE?Why is PRESIDENT BUSH allowing OUR TAX DOLLARS to rescue peoples' homes who have NO SOCIAL SECURITY NUMBER!HOW can you tax or track a homeowner who has NO SOCIAL SECURITY NUMBER OR EIN NUMBER?I have a right to know.I am a US CITIZEN.I am tired of giving ILLEGAL ALIENS ANOTHER free ride!!

alecscoff Says:

Sep 24, 2008 - So it's the Hispanic community at fault? I'd blame the banks who supplied the money to PEOPLE who they knew weren't qualified for the loans in the first place. It's sad that American history repeats itself over and over again by blaming minorities and the poor in times of crisis.

briancmyers Says:

Sep 24, 2008 - Anyone one know the bill number Dr. Paul is referring to in this video?

emp0rizzle Says:

Sep 24, 2008 - and Freddie/Fanny was compelled to give out these toxic loans by the Government. These special loans were created specifically for minorities because historically they've had lower rates of home ownership because of credit.

AngryGoyim Says:

Sep 25, 2008 - The U.S. government started pressuring banks to increase minority lending. The bankers already knew the "odds" on giving home loans to blacks and Hispanics were bad. But they did it anyway because Fannie and Freddy would buy these high risk loans and repackage them as securities. They should call this the "Diversity Recession". Because that's exactly what it is. Now you and I are going to pay Paco's mortgage payment for him. Welcome to Aztlan.

ngonea Says:

Sep 25, 2008 - Now how can you accuse poor Blacks and Hispanics to be the cause of Global Monetary Breakdown Crisis, when the rich fat cats on wall St & crooks in DC have been rading this country all along before predatory lending, You racist ignorant people are disgusting, I guess the poor Black's who drowned in New Orleans due to Gov. neglect where at fault for that disaster also? "Money Masters", Int'l bankers cause this just like in 1929, your sons will die Iran..so the fat cats can make $, WAKE UP!

BlaqRubi Says:

Sep 26, 2008 - If you don't know what you are talking about please, don't insult blacks with your bull. The bank PURSUED me, came to my house, called emailed and pressured me into a loan with false promises. Is making $100,000 a year considered poor?? I am poor now trying to make this right. There are NO LAWS to help the CONSUMER, black white or hispanic. The fault is with the FEDERAL RESERVE, DEREGULATION AND GREED. period. And I am not bailing out a government who is NOT supporting me.

BlaqRubi Says:

Sep 26, 2008 - Either the Congress is not aware of what REALLY went on or they think we are all really stupid. They have no idea what is going in the country they run. The only bailout I am concerned with is one that helps the PEOPLE , who this idiot does not realize have been suffering for three or four years now... Government is addicted to easy money because they have a bunch of flunkies, the american taxpayer, to pick up the slack

AngryGoyim Says:

Sep 26, 2008 - "The bank PURSUED me, came to my house, called emailed and pressured me into a loan with false promises." They did the same thing to me! And guess what? I told them to piss off! Then I got me a small condo with a 30 year fixed loan instead. It's not our fault people are stupid. Yes, there were predatory lenders, I'll give you that. But now I've got to make your mortgage payments for you because YOU were foolish. Thanks pal.

AdenMutiny Says:

Sep 29, 2008 - STRONGLY URGE YOUR SENTAORS AND REPRESENTATIVES TO VOTE NO ON THE BAILOUT AND TO SUPPORT H.R. 2755: Federal Reserve Board Abolition Act. The American people do not support a bailout, but in fact understand that the economic challenges we face require a massive overhaul of our financial system. NO BAILOUT!!

cffalk Says:

Sep 29, 2008 - YOU KNOW.... i generally think ron paul is a kook , but he was dead right on this shit. we need a third party, NOW

mkjerl2010 Says:

Sep 29, 2008 - now i see why people liked him for presdent.

tommyde8 Says:

Sep 30, 2008 - 2003 reform was proposed on Freddie Mac / Fannie Mae - This is Barney Franks Response: ''These two entities -- Fannie Mae and Freddie Mac -- are not facing any kind of financial crisis,'' said Representative Barney Frank of Massachusetts, the ranking Democrat on the Financial Services Committee. ''The more people exaggerate these problems, the more pressure there is on these companies, the less we will see in terms of affordable housing.''

MagellanOfBass Says:

Sep 30, 2008 - This guy makes sense.

crashoppe Says:

Oct 2, 2008 - It seems they want us to "buy" these morgages so THEY can profit from the assets(housing)of the morgage. The houses and their value are still there. I'll be more willing go to prison for tax evasion before bailing out yet again the same 'ol failing system,,,,,AGAIN. WHAT GOOD DID IT DO YOU WHEN YOU BAILED OUT THE AIRLINES NOT TOO LONG AGO ???!!! HEELLLOOO???????????? GO RON PAUL/ CHUCK BALDWIN '08 !!!!!

alcoholic714 Says:

Oct 4, 2008 - Live simply so that others may simply live.

jackooboy Says:

Oct 5, 2008 - Game Over.

indyrecordstore Says:

Oct 5, 2008 - youll see soon enough he was right on about everything, hopefully it wont be too late when everyone realizes it

nowayjose470 Says:

Oct 7, 2008 - Ron Paul has been dead on for decades about our economy, and so are the Austrian economists he learned from (they predicted the Bear Stearns crash a decade ago.) The bailout isn't the beginning of the end, it's the end of the beginning for the worst financial crisis since 1929.

FightGlobalPoverty Says:

Oct 9, 2008 - Some Libertarians believe we need a financial collapse to eliminate debt or *excess credit.* That is insane. Financial collapses are catastrophic because they cause a severe contraction in the money supply. This contraction goes far beyond a normal adjustment because the dollar you put in the bank circulates among ten people after the banks lend it out. All of that is wiped out when the bank fails. Using a financial collapse to modify the system is like using a tidal wave for a drink.

codej0 Says:

Oct 13, 2008 - The estimated population of the United States is 304,898,343 so each citizen's share of this debt is $33,707.86. To whom do we owe this debt? Ourselves? LOL! Wake up and smell the coffee, Sheeple!

RonPaulisInsane Says:

Oct 13, 2008 - Ron Paul says we should allow our financial system to collapse because it is *allowing the market to adjust.* That is insane. He is more lethal than Herbert Hoover. Please visit my channel for more details.