How is it that a longtime Wall Street Insider wants now to defend the campaign of strongly anti-Wall Street presidential candidate Ron Paul? Here begins what is perhaps to date among the strangest and winding roads of these ongoing Insider discussions…
(Note – the above image is intended to relate the views some have regarding Ron Paul and allegations he is anti-Jewish as a means of diminishing Congressman Paul’s candidacy for president. This image does not represent the views of the author or the individual being interviewed in this publication. -UM)
UM: So you called me here directly and I believe I detected more than a bit of frustration in your voice over my recent stories involving Ron Paul. Is that correct?
WSI: Yes – quite correct. With all due respect…you are absolutely 100% wrong in your concerns over the Ron Paul campaign – or at the very least, wrong in your seeming dismissal in some of the issues he has quite correctly raised regarding the imminent dangers to America.
UM: Even if that were true, why Ron Paul? There appears to be no real path for him to win the nomination, and if he runs as a third party candidate he would most likely not win there either. I am confused why someone in your position…why the concern over Ron Paul of all people?
WSI: I am not concerned over Ron Paul – I am concerned over your coverage of Ron Paul and how you are wasting precious time and resources attempting to discredit Ron Paul. If -name withheld- set you off in that direction…they were incorrect in doing so and I would urge you to question their motivation.
UM: Right-right…you tell me to watch out for their motivations. They tell me to watch out for your motivations…enough of that sh-t ok? How about we just focus right now, entirely, on the reason behind you calling me in to talk about Ron Paul. I don’t get it. Why would you of all people make what was basically a demand that I come up here to listen to you defend a candidate who has repeatedly voiced his disgust over Wall Street? It doesn’t add up.
WSI: I would beg to differ – not adding up is exactly the reason for my concern – a concern that is not so much about your work…or what seems at the moment to be more of an odd obsession, to reveal some silly truth about Ron Paul…I mean George Soros? Really? And even if true – who cares? That kind of information is secondary to the real and crucial value provided by Ron Paul to the national discussion.
UM: National discussion? Right…enlighten me. Please.
WSI: Sarcasm? Is that your tone? If this is to serve its proper purpose I need you listening – and without judgement.
UM: Sarcasm – guilty as charged. But in my defense, I would call it justifiable sarcasm at this point.
WSI: I was told long ago that what you don’t see with your eyes, don’t invent with your mouth.
(Long Pause)
WSI: What you don’t see with your eyes, don’t invent—
UM: I heard you. The first time.
WSI: Yes – you heard…but you are not listening.
UM: Can you hear me now?
WSI: Pardon?
UM: Never mind – get to whatever point this is supposed to be taking us. You want to talk about Ron Paul – my coverage…unfair, whatever – just start there and let’s move this along. I’m really trying to remain respectful here but…I…I’m in no mood to have my time wasted, and traffic was a real b-tch. And -name withheld- has me flying to…just never mind. Get on with it.
WSI: Please refrain from that – those kinds of tasteless expressions.
(Pause)
UM: …Get to your point. Please.
WSI: I will simply begin with my own words from among our very first discussion – I would like to read those words back to you now. Is that acceptable?
UM: Sure.
WSI: I wish to read that part of our discussion verbatim, to you…to the readers - and could you please include it then in this…as part of this publication? And then I promise, – I assure you, I will explain my concern over your recent treatment over Ron Paul – though I do believe you will begin to grasp that concern when you listen again to what I told you some time ago. All of this that you have been doing…all of the information and hints and…demands from -name withheld- to look elsewhere…you may be suffering from a failure to see the forest for the trees. No disrespect…but your focus lacks…focus in this. And that could prove very detrimental to what you…what we are attempting here.
UM: Start. Begin – read the words. The interview. Was that from late summer? The first one, right?
WSI: That is correct.
(Pause)
UM: Get on with it then…
WSI: Yes…apologies for the length to read – but here it is:
Excerpt from original Wall Street Insider interview follows:
________________________
“Ulsterman: Do you support the Federal Reserve?
Wall Street: No.
Ulsterman: Can you expand on that answer?
Wall Street: That would take it beyond a yes or no response then.
Ulsterman: Just give me a quick summary of why you don’t support the Fed.
Wall Street: That is long bit of history…I will simply say the current Federal Reserve leadership is the single most dangerous contributor to the current economic climate in this country. I would qualify that by also stating not everyone in the Fed agrees with the current leadership position. There is quite a fight going on in-house there.
Ulsterman: Does Ben Bernanke need to be removed from his position at the Fed?
Wall Street: Yes – absolutely.
Ulsterman: Does Timothy Geithner need to be removed from his position at Treasury?
Wall Street: No.
Ulsterman: Why not?
Wall Street: My answer was no. That’s it.
Ulsterman: Do you consider Ben Bernanke more dangerous to the American economy than President Obama?
Wall Street: Yes – the president…the president likely has no clue what Chairman Bernanke is doing…has done, to the financial health of this country. Mr. Bernanke has been a boon to the volatility feeders. We are at the abyss here you know. So many of us know it, but nobody – very few…want to openly communicate that fact. The situation of this country is frightening. I cannot begin to…my words won’t do justice to just how dangerous this situation has become.
Ulsterman: What Bernanke is doing – is it intentional?
Wall Street: I believe so…(pause) yes.
Ulsterman: Care to elaborate?
Wall Street: (Sighs) No…not now. I’m not ready for that.
Ulsterman: What is the abyss? The economy – the economy is at the abyss? The debt?
Wall Street: These cannot be yes or no answers. And I’m getting tired here. I apologize for that, but this needs to come to a conclusion.
Ulsterman: Explain what the abyss is. Briefly. Please.
Wall Street: (Long pause)…Money has an inherent value. The borrowing of money is to have an inherent cost. That relationship is to be a symbiotic one. If you take away one, it can kill the other. —Don’t interrupt me here – if you don’t understand I can’t…I won’t be the one to explain it for you. Not at this time.
Ulsterman: Go ahead – I apologize. Please go ahead…
Wall Street: What the Federal Reserve is doing is killing off that relationship – that critical symbiotic component of a free-market economy. We are on this day a more centralized economy than at any other point in our history. Fiscal contagion can spread from nation to nation with a single click. Trillions upon trillions in value has been wiped out of the market by the printing of money with lessening value. When you wonder why Wall Street has succeeded under President Obama while Main Street continues to struggle is simply because Main Street still exists in some semblance of a free market economy. That relationship between the value of money and the cost of borrowing that value still exists. Wall Street has been allowed to exist outside of that reality. The Fed has made it so, and the result…we are nearing just the beginnings of that result – will be outright economic disaster. 2008? Nothing. 1929? Yes – that is where we are going here. And with that kind of economic chaos – what is soon to follow? Read you history. War. Famine. A total shock to the system, except this time, we have a proliferation of nuclear weapons, countries such as Iran, North Korea, Pakistan, they will be directly involved in this chaos. And of course there is China…the time I could spend on China…
Among the most frustrating things following the collapse of the Soviet Union was the repeated phrase that the Cold War had ended. Not so. China remained. China, who by then was a far greater economic threat to the United States than the Soviet Union – they were conveniently forgotten as part of that Cold War. Our intellectual laziness in that regard has now come home to roost. And we are cutting ourselves. Death by a thousand cuts. Every deficit dollar we print, we come closer to that abyss. We are at 40 or 50 trillion in total debt in this country – and in an economy that is no longer growing anywhere near a pace that can even pretend to accommodate such a debt. The folly of the New Deal and the Great Society and that entire mindset is choking the future of the nation. Literally choking the life out of us. Me, you, our kids, our grandkids…nothing will be left for them but pieces of what used to be, and a world ready and willing to feed off those scraps.
And these labor unions – the shift from private to governmental unionization…the inherent legacy costs of that scenario is simply unsustainable. The free market cannot withstand the attack. It is collapsing all about us now and too many are simply not paying attention. The only hope for our recovery – the only hope, is our ability to grow our way out of this. That growth, along with massive cuts in government spending, is the only way. Nations such as Greece, Ireland, Italy, Spain …they have come to this understanding, but have only been able to do so with the assistance of other nations who in turn are printing their own deficit dollars in order to do so. That situation cannot be sustained can it? And certainly not without growth. Do you know the number of payroll jobs in 1999 was approximately 130 million? That is the same number as in 2011. Zero growth. This economic stagnation is leading to economic decapitation and it is coming sooner not later. It is happening NOW. If this nation does not elect leaders with the political will to do battle with the entitlement status quo, to do battle with the monster that is the Federal Reserve, we are finished. Done. President Obama does not have the political will to do so. Far from it. Nor does he have the understanding of just how dire the situation is. Far from it. More of the same will only lead to the mutual destruction of both political parties and the nation.”
__________________________
PART TWO OF INTERVIEW NOW AVAILABLE HERE
Fine and good, but Bernanke, a “Zionist” as this pic shows?
He is a BOLSHEVIK U.M.. Bolsheviks HATE Zionists.
I do have a q for the Insider:
Do we get behind ANY candidate if he is GOP, even if they are just as bad? OR, As bad as any of THEM are, is the Dem WORSE and need to be ousted with voting in ANYONE but Obama?
I hope you see this.
Thanks.
God protect you, as I know these people are seriously dangerous. They are not Democrats, like you, or my Nana was-they are straight up Communists from:
http://en.wikipedia.org/wiki/October_Revolution
Now we have to wait for Part Two? You make me insane.
This article doesn’t begin to describe the repercussions of a collapse. WSI makes a comparison to 1929, which may be a fair comparison of the economic catastrophe in numeric terms, but on a personal level it will be far, far worse. In the 20′s America was a largely Christian, largely rural society, in which much of the population could be relatively self-sufficient in terms of subsistence. Currently we have a society that is largely urban-suburban, entirely dependent of the commercial network for food and consumer goods, and largely ignorant of basic survival skills such as elementary gardening, cooking, etc. Since the arrival of computer technology this relationship has gotten even more precarious, as grocers and other retailers have gained the ability to minimize inventory expense by ordering goods on a just-in-time basis. You need only look at the local grocery shelves after the announcement of a snowstorm or hurricane to get an idea of what to expect in a real emergency. Don’t expect any grocer to have more than a two day supply of basic necessities on the shelves, which in an emergency would become a two HOUR supply. If you live in a large urban area, learn to pray and to shoot accurately.
Jen Gelman, you are spot on. As bad as the Great Depression of the 1930s was, most Americans knew how to provide for themselves. My grandfather hunted rabbits and my grandmother maintained a garden and baked bread. Nowadays, the typical American hasn’t even got a clue as to where bread comes from, other than a supermarket shelf. I have begun stocking up on emergency supplies foe when the SHTF – and is is coming. What happens when too many banks fail, a bank holiday is declared, and no one can get cash from an ATM? What happens if truckers go on strike over rising gasoline prices and the supermarket shelves are emptied within hours of a panic? I have an 8,000-volt electric fence around my property, and even that may not be enough.
It is not going to be pretty. The worst areas will be the big cities, where no one even has the land to grow a garden. The most dangerous places will be where poor neighborhoods are close to wealthy areas. Do not think that roving gangs of armed thugs will not be breaking into homes to find food for their starving children.
I am stocking up on things I can trade, which will be worth far more than cash of Bernanke keeps printing money. I’ll be able to trade a pack of Marlboros to a desperate smokers for just about anything.
This was about the best description of how bad things could go very fast. America been heading down this road for a while but Obama has def stepped on the pedal and made it happen a lot faster. I still don’t get WSIs supporting Ron Paul though. WTF??? Isn’t Paul anti-Jewish? Those newsletters were pretty bad. How can a Jewish Wall streeter support something like that. Very interested to catch the second part of this.
No disrespect intended but the WSI has attitude! I got tired just reading his comments….went from whining to threats to vague ramblings. Not helpful.
I hate WSI but love reading the interviews. And I will say this. WSI gave the goods on Leo Gerard who is a name I never heard of before. I started researching Leo Gerard and holy hell the guy has his hands in everything that is the Obama administration including those 3 illegal appointments to the labor board Obama just made.Leo Gerard is the real scary dude and since that all came from whoever this guy or gal is, I sure appreciated getting the goods that are layed out in these interviews. So get of fyour lazy ass UM and bring us part 2!!!!!!! (just kidding) kinda. NOw where is part 2??????
good thing you explained the pic u used for the story ulsterman. i was like wtf??? racist??? but i get it. people trying to knock down RP and call him racist and it seems like wsi is setting you straight on all that bs. good. welcome to the RP revolution ulsterman!!!!!!
How about making Ron Paul Secretary of Treasury when Obama is given the boot in November?
Would this placate you, Wall Street Insider?
Of course, we, readers, need to have part two of the interview to draw sound conclusions.
However, it’s clear Ron Paul is the candidate who put a spotlight on the Fed and its dangerous policies.
Ron Paul lead the effort to audit the Fed.
Other candidates mouthed Ron Paul’s criticisms, but likely don’t understand or don’t really care about the Fed.
Ron Paul knows how dangerous this current path of runaway printing of money — euphemistically called “qualitative easing” — is to the American economy.
And WSI knows that the banker’s ability to get money from the Fed at zero or near zero interest distorts the whole system.
Sure, financial enities can make money when they get money for free, especially if they’re Goldman-Sachs and their ilk.
WSI possibly is suggesting that a free market decline and then collapse on Main Street America can be masked by profits of big banks. And, when only big banks, crony capitalist friends of the Fed can make money, then look out.
Inflation benfits the ultr-rich, who own assets, at the expense of the middle class and those on fixed incomes (retired).
One economic shock and hyper-inflation could spring from the policies the Fed has been following under Bernanke.
Study this speech made by Bernanke on November 6, 2003 at the Global Economic and Investment Outlook Conference when Benanke was still a Fed governor:
http://www.federalreserve.gov/boarddocs/speeches/2003/200311062/default.htm
(Yes, it’s a long speech.)
This speech is where Bernanke got the moniker “helicopter Ben”.
But the long and short of it is that Bernanke, in the face of economic difficulty, espcially for large Fed friendly banks, will flood the market with money, which he has already done, but will do much more (that is what he stated in the above speech), causing the potential for the economy to collapse due to worthless money.
Ron Paul knows this and has been warning of it for years.
The rest of the candidates, especially Romney (top financial contributor Goldman-Sachs and other financials) will not do anything to stop it.
In fact, likely, Romney will facilitate the continuing trend toward an economy where only large financial institutions will make money and the rest of the economy will starve and America will decline.
Alex Jones did as much or more than Ron Paul in that regard, but I ain’t voting for him either. Unless he is the only choice against 0bama.
Yes, I remember reading this when it first came out. Most agree with Ron Paul about the Fed, etc. – it’s just parts of his foreign policy and nonunderstanding about Muslim terrorists and the REASONS they do what they do, capabilities, our borders, etc. and Israel. I agree about some of the stuff about our military industrial complex and having troops where they don’t need to be and frankly, think staying in Iraq and Afghan was wrong and will not keep us safer here like they stated.
I’m just hoping that his popularity will get the other Repubs. (especially the other candidates) to rethinking all that & correct. At least it’s a national discussion now. I agree about the Fed too – hoping if we’re still here and win a good majority in both Houses & the Presidency – we can put someone like Ron in charge of getting the Fed cleaned out…along with the DOJ, etc.
And how about some people who know these disastrous things get the righteous courage, patriotism, unselfishness to stand up and get it out in the national news if at all possible. Unite with others…whatever. It’s a WAR !!! and WE the PEOPLE are the ARMY!!!! The enemy has successfully infiltrated and taken over seats of power and authority and taking us down — WHERE ARE THE PATRIOTS ????!!!!!!!!!!!!
And another thing — I think Obama certainly DOES understand what is taking place and he is a knowing, willing accomplice since he is a Marxist who wants this country taken down also. The only thing I agree with is his view that he may not have the ability to understand fianancial things, etc. No – but he knows and wants the same results. That’s why he agreed to be their “puppet” in order to get it done. Why can’t people wake up to the fact that we have elected someone who does NOT want a Constitutional, capitalistic free market America any more – a habitual, phychotic liar, among other horrible traits?? Too embarrassing? Too unbelievable? Too mind boggling this has happened? Yes, indeed.
Anne Coulter says:”(But it would serve the rest of the world right to have Paul running the show for a term or two. Then they’d find out what it’s like to be entirely on their own, protecting their own sea and air lanes, digging themselves out of their own earthquakes, getting invaded and nuked by hostile powers, having their computers hacked by terrorists and buying oil from the new Islamic caliphate. After eight years of President Paul, it would be generations before we’d hear a peep of anti-American sentiment again.)
I believe i “get” completely,what the WSI is saying.
There’s a storm acomin’ folks,buckle-up
and hang on for dear life…
Something is being overlooked here.
Europe is up the river, everybody knows that.
But there’s something that the Insider knows and Paul knows, but others aren’t even remotely aware of.
Bernanke and the Fed has begun a policy of UNDERWRITING European debt.
In other words, Bernanke has committed the American economy to prop up the failed social schemata of the Europeans, and has done that at a time when the American economy is in crisis itself.
THAT’S what’s got this Insider got worked up to the point that he appears to be siding with Ron Paul!
Go back and read Mark Pittman articles of Blommberg. He is the reporter
who successfully sued the Fed but died suddenly
at 52. His Fustian Bargain series nails Hank
Paulson and others for their willful theft.
Not certain what WSI’s point about Ron Paul really conveys. While he may be correct
About the Fed if Paul runs ….Obama wins. Third party Obama wins… So who does WSI want? Or does he actually support Obama and is part of Obama’s ruinous machine of Marxists/Communists?!
Open drilling. Get rid of hammering regs. Lower taxes.
Encourage manufacturing and entrepreneurs, lower corporate tax rate, reduce all goverent budgets by 25% immediately, toss wall street thieves and
Communist Occupy into prison. Corizine a
Good First step and stop Bureaucrats insider trading pronto. Arrest Soros.
Not seeing why he’s objecting to the Ron Paul stuff. Other candidates agree about the need to keep watchful of the Fed – and in a way which is much healthier and more realistic. Candidates without the extremely distasteful associates RP keeps.
You can’t overlook his major negatives – negatives which would drive both independents and a lot of Republicans to voting for Obama – just because he might have a few positives, too. Arguing for a strategy like that is what GOT Obama elected in the first place.
And assuming these insiders are real, they can’t expect a blogger to never cover the RP stuff if they aren’t forthcoming about information which could lead to much more important stories in its place.
Xeno:
The attempt to connect Soros and Paul was nothing more than a cheap smear job… I was surprised, because I thought Ulsterman was better than that.
But given the snide attitude ulsterman displayed in the initial part of the interview, particularly in light of WSI’s being a valued source, one of only two sources Ulsterman has, and, these sources being the only reason most of us read The Ulsterman Report, it shows the complete contempt Ulsterman has for Ron Paul.
Ulsterman is disrespectful to a valuble source — talk about cutting off your nose to spite your face.
In that respect, it is apparent Ulsterman is under the influence of the status quo establishment.
Perhaps, Ulsterman needs to think for himself.
WSI apparently can think for himself, perhaps that is why he is successful.
Jimbo, I am convinced Ulsterman can think for himself. I am sure we didn’t hear the phone convo between the two men, discussing Ron Paul. Had we gotten the full picture, we may understand why Ulsterman was in such a snit with Wall Street Insider. WSI does have a manner of putting a person down in frank, stern and forthright manner. However, Ulsterman may have forgotten this rule which should be applied always and not only when posting in a thread~~~
the Ulsterman
“Be courteous to all, but intimate with few, and let those few be well tried before you give them your confidence.” -G. Washington
Qoute: WSI does have a manner of putting a person down in frank, stern and forthright manner.
May I go on record saying WSI can be less than gracious or perhaps to be blunt, WSI knows how to get under one’s skin using that snippety, curt manner, which I loathe. I almost feel as though I have a clone of WSI in my family although I genuinely like WSI and my family member.
I know how to straighten the WSI type of person out! Most just don’t know how to handle this type so they snap back with a few expletives!
Wow. Bullying to stop exposing the truth about Ron Paul? Sounds like you must be hitting to close to the truth, and they want you to stop. I wonder if Ron Paul die hards will be willing to see he isn’t the conservative they thought he was.
They must have a plan, and you aren’t following it.
I guess congratulations are in order.
Good job.
Ok, even Ron Paul does not think and can not picture himself as president. That alone should tell everyone Ron Paul isnt going to be president. He has lost the race in his own mind already.
Next issue, Ulstermann~~
http://thehill.com/homenews/campaign/202877-nader-white-house-pressured-dems-not-to-challenge-obama-in-primary?page=2#comments
Please make contact with Washington Insider and ask him what’s up with the primary race against Obama. Is it still in the works or not happening?
Ron Paul is a racist. Make no mistake about it.
His supporters may try to BS you with some creative tap dancing around the truth and claims that there is no proof Ron Paul actually WROTE the letters (not even sure they would accept videotaped evidence of Ron Paul writing these letters as proof).
Back in 2008 I searched around at StormFront (a white supremacist site) and came across some photos by moderator Jamie Kelso. I was able to manipulate the URL of his photo album on StormFront and came across photos of Rn Paul being greeted by StormFront members at a campaign event. They then escorted him back to his limo after the appearance.
I am sure Ron Paul supporters will discount photographic evidence as well. Only Ron Paul dressed up as Hitler and actually burning a Jew will convince them there is anything even remotely offensive about Ron Paul’s views.
…at least I THINK that would convince most of them.
CaptialG, you are a Democratic Party member. Take your, “he’s a racist”, Democratic smear tactics elsewhere.
When I hear the race card thrown out there, I think to myself: “Oh, noooooo! Not again!”
It’s very easy to think and claim someone is a racist; but I bet you 95% of the time, the accused is innocent. Perhaps the accuser(s) is/are the guilty dog(s) barking the loudest for to think this way of someone, most likely means you could be the racist. In other words, the pot is calling the kettle black, possibly?
What WSI is saying is this: our greatest threat is the debt. Paul is the only one who is responsibly facing the issue. Calling him a Soros-stooge is not helpful. I agree completely with WSI on this issue – and so does Palin: there are positions that Paul holds that mean he has to be treated with respect, at least on those issues.
On drugs and other things? I’ve seen lost bats in a living room look less confused.
But don’t mistake the part of Paul’s message. The prophetic part, not the stuff that sounds like Scientology.
The issue WSI is raising is a paramount. The link he makes regarding money and its essence is very important. Money is not just a medium of exchange; its a store of value and there should be a cost for borrowing. The Fed’s zero interest rate policy (ZIRP) on the short end of the yield curve and being is the only significant buyer of the 30-year bond is problematic. This artificially depresses the entire interest rate complex and distorts the true value of money.
The only group that benefits from this construct is Wall Street; particularly the squid. This goes to WSI comment about Wall Street “being allowed to exist outside of reality”. Wall Street is operating in a zero gravity environment. But all things artificially supported, eventually crash.
This is similar to what Germany did in WWI to fund its war effort. It took several years for hyperinflation to take hold, but when it did the results were catastrophic. The best source I have seen on this period of history is Adam Ferguson’s “When Money Dies”. Germany was decimated by the destruction of its currency and it set the stage for the rise of National Socialism, Hitler and WWII.
I recently visited Wansee, the site where the Third Reich planned the Final Solution. On the wall of the main room was a map with population percentages. Jews made up 1% of prewar Germany.
The Fed Chairman is trying to fix a solvency problem with a liquidity solution. Ron Paul is right, debt needs to be liquidated and the business cycle needs to be allowed to occur. Recessions have a cleansing effect and the longer you go without one the worse it will be when it occurs. Greenspan and Bernanke have inflated the world trying to smooth over the business cycle causing distortions in investment decisions, i.e., mortgage backed securities.
The debt bubble has only shifted from the banks to the sovereigns. The bubble has nowhere left to go. Bernanke only knows one thing-PRINT.
God Bless the WSI for his courage and insight.
I think Ulstermann views Ron Paul as someone who might run as a third party candidate and perhaps help send Obama to victory in 2012. WHI mentioned that the Obama Administration had negotiated, or tried to negotiate, with such a potential third party candidate. I believe that Ulstermann thinks that individual might be Ron Paul, and that may be why UM is trying to negate Paul’s appeal.
UM, WHI and WSI have a common goal: Defeat Obama. But that doesn’t mean that the rest of their agendas, means to accomplish their agendas, or thought processes are in alignment. We’ve seen this before. WHI: Fast & Furious is the critical Obama Administration scandal. WSI: No, the critical Obama Administration scandal is Solyndra. That’s just one example.
I think UM is someone who is very passionate about what he is trying to accomplish, but someone who is also just beginning to realize how deep and thick all of this stuff runs. Many of us feel the same way as UM does. And just when you think you have it figured out, you get a name like Leo Gerard and that opens up a whole new level.
WHI and WSI know more than what they have said, and each has pointed out to UM that the other Insider may be focusing on the “wrong” things or keeping information from UM and UM’s readers.
Until very recently, I have always regarded Ron Paul as something of a kook. And I still don’t agree with many of his positions. But as regards the Federal Reserve and other, related matters, it appears as though Ron Paul may have been the unheeded boy correctly crying wolf.
My response to this portion of the Wall Street Insider interview is that Ron Paul is not relevant. He criticizes the Fed, fighting his campaign is a distraction. We need to focus on the extreme danger to our economy posed by the Fed. Another effect of the zero interest rate is that treasury borrowing stays cheap. If interest rates were 15% as they were in the early 80s the cost of our debt would explode. I have a question about getting accurate information. It seems that the Goverment is cooking the books with regard to cost of living and unemployment statistics. How do we get good facts.
Aaaagh! I hate cliffhangers. Waiting anxiously for the next part.
I notice, in this post, you said, “And -name withheld- has me flying to…just never mind.”
Hope that means we’ll be getting an update from him (or her).
Any chance WHI would know the reason behind the court order to pull MO’s law license? I realize it’s small potatoes, but it definitely gives us more insight to the workings of that family. That time period has really been scrubbed. Thanks. Great article.
You can find articles on the web. Moocherella’s law license was pulled for (alleged) real estate fraud and extortion. I happen to believe it. She’s capable of many very bad things..no doubt about it whatsoever.
Everyone seems to be talking about WSI’s attitude, but it is obvious that Ulsteman walked into the meeting with a chip on his shoulder.
I get the impression that Ulsterman’s ego has soared due to his celebrity blogging status and he is getting caught up in his own self-importance and the names he has in his Rolodex. Instead of focusing on good hard journalism and letting the work speak for itself.
Obviously someone used his euphoria to lead him down the wrong path with this Raul-Soros nonsense. The disinformation could have used to discredit Paul, but more likely Ulsterman was getting too close to the truth about the Obama White House and Holder DOJ, and this was used to try to discredit Ulsterman. And UM was too blind to see it.
WSI is trying to save your career, and what he is trying to tell you is “your ego is writing checks your a** can’t cash”. ie – lose the attitude. It’s been the downfall of others, and it will be yours as well.
Speaking of people thinking for themselves… what good is getting the country out of debt when there may not be a military to defend it in its weakened state?
An interesting read, and one that is also important (if you can ignore the multiple uses of the word “creepy” and snide/condescending tone). Yes, the Fed is a danger to our country, but so is this.
http://frontpagemag.com/2012/01/02/ron-pauls-soros-defense-plan/
And why is Paul getting in bed with these types of foreign interests that have done nothing but damage our country in other venues (chokehold on mainstream media for example) if he is so dedicated to preserving domestic tranquility? Think.
Ulsterman, well done.