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Desc:Rep. Paul and Bernanke get into a tiff that sounds like Cena_Mark versus everyone else.
Category:News & Politics, Educational
Tags:libertarian, ron paul, Cena_Mark, ben bernanke, pirate sea laws
Submitted:MongoMcMichael
Date:07/14/11
Views:1495
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Comment count is 40
baleen
No, Cena_mark was happy to defend the corporations and their continued welfare/bailouts because "they create the jobs."
James Woods
lol job creationism. Poof, new jobs.

Chalkdust
I am stealing the phrase "job creationism" because it is elegant and beautiful

memedumpster
Five stars for Job Creationism.

jangbones
huzzah for job creationism, one of the defining concepts of American economic policy for thirty years

Scrotum H. Vainglorious
Funny how Cena is mysteriously absent from this thread.

James Woods
chalkdust, I'm am flattered.


fatatty
If you create jobs in the US, you get to keep your tax cuts. If not then your taxes go to Clinton rates. Simple as that.

It should be as simple as that...

fatatty
And my stars are for job creationism of course.

spikestoyiu
"If you went out and talked to the average housewife..."

But be sure to ask her about laundry deterrent or mops or other things she would understand!
IrishWhiskey
At the end Paul thinks he's stumped Bernanke, and fails to realize that Bernanke is instead staggered by the inanity of the question.


jangbones
Ron Paul ineffectively waves his objections at some of his party's sacred cows but he is still a Republican.

Case in point; "The bailouts were not effective."

This is nothing more than a Republican talking point that has absolutely zero connection to reality. Anyone with a third grade reading level can easily discover how important the Bush bailouts were for getting us through the toxic asset crisis and the credit crunch.

Who can fault the GOP for continuing to play this note? It works, because morons do not understand economics. But if Ron Paul is such a Serious Economic Thinker, how can he continue to say this complete idiotic lie and maintain credibility?

Oh right, because his followers live in fantasyland.
pastorofmuppets
black people aren't a republican party sacred cow

baleen
I remember reading about Spain and how much gold helped them out back in 9th grade history class. Ron Paul's entire economic policy rests on the fact that 6,000 years of history thinks that gold is good, why not return to something that has, over 6,000 years of history, proven to be a disaster again and again? Let's do this! Take back America!

fatatty
A world without the bailouts and stimulus would be a much different and much worse place. But we will never know for sure, so since we still have unemployment they obviously failed and should never have been considered in the first place.

dek863
I love how the subject quickly changed to gold once Paul was losing.
IrishWhiskey
At which point he started losing even faster, but at least could be in denial about it.

baleen
He didn't lose, he pulled out his ace in the hole: Diamonds.

MongoMcMichael
He hit him with the Diamond Cutter! Self high-five!

Bhiu
Next up, zombie Adam Smith punches Ron Paul in his dick.
oddeye
DEAR GOD IF ONLY

autoplonk
Bhiu, all these stars are for you. My only regret is that I can't give you more.

HotwaxNinjaPanther
Ben Bernanke is definitely a weasel and I'd like nothing more than to see him kicked to the curb. Ron Paul might seem like a majestic defender in comparison, but he's sorely misguided in his belief that the gold standard is going to save our butts. It won't save our butts.
To keep this from turning into a full-blown wall of text I'll just mention the main issue with the gold standard: it relies heavily on the production of gold. When human production starts moving faster than we can pull gold out of the ground, we'll receive a heavy shock to the system. Credit would evaporate. Economic growth would instantly find itself cut off at the knees.
The only people who benefit from a gold standard are gold hoarders. IE: libertarians hiding in the desert with their concrete compounds, trading liberty dollars for corn and polishing their doomsday weapon supplies.
CrimsonHyperSloth
This always boggled my mind, how is gold any more valued then paper money? It's more limited and simply an artificial cap. Why not go with something rarer like an atomic element starting near 112? Better yet, it's based on endangered species, the less you have the more value you get for your currency, that would fuck up everyone's day.

chumbucket
pardon while I retrieve my dropped monocle
fedex
I say, Sir! Would you have any Grey Poupon?

Scrotum H. Vainglorious
Relax, Ron, in the future our currency will based on bottle caps.
Oscar Wildcat
I'm long on canned beans and chickens myself, Scrote.

cognitivedissonance
Our religion will be Flippism.

Sphinx
There's a religion based on the teachings of Flip Wilson?!?! Sign me up!

cognitivedissonance
http://en.wikipedia.org/wiki/Flipism

glasseye
But at least I'll have my nuka-cola.

Wander
The girl on the left behind Bernanke is trying so hard not to laugh out loud at Ron Paul once he brings up gold.
kingarthur
I agree, the Fed is bad. However, the gold crap is just about the only thing that could be even worse.
Chalkdust
Listen to the quiver in his voice when he asks "do you care about the price of gooolllld?" like he's talking to the guy who's dating the girl he was never brave enough to ask out
TheOtherCapnS
I've never actually listened to Ron Paul speak before this video. He is fucking retarded. Huh.
Rodents of Unusual Size
Is it still okay to hate Bernanke and to want him to be shot out of a cannon? Into a lake of molten gold?

I mean, watching these two miss the point about everything and go head to head is entertaining but I think you guys need to reshift your focus onto how much Bernanke sucks a bag of dicks.
hammsangwich
At least Bernanke knows his shit. But I guess that makes him more evil since he knows he is doing evil.

SolRo
Why don't banks hold diamonds?

Because gem quality diamonds are highly variable, take an expert to grade and value, and have very few uses.

An idiot/ron paul can count gold coins.
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