Donald Trump says that he will Audit the Federal Reserve

[paulbot1776]

https://twitter.com/realDonaldTrump/status/701868541545295872

Trump says he wants to audit the fed? What do you guys think? This is Ron Paul's Legacy we are talking about here.

 

[TheNewYorker]

Of course, he wants to learn their dirty tricks so that his real estate business can really really profit.

 

[paulbot1776]

Of course, he wants to learn their dirty tricks so that his real estate business can really really profit.

i think it would be the other way around?

 

[TheNewYorker]

i think it would be the other way around. trump doesn't need their help, he's a billionaire!

The federal reserve is a trillionaire.

 

[CPUd]

 

[paulbot1776]

The federal reserve is a trillionaire.

true. this is why we must audit the fed, and expose them!

 

[Origanalist]

https://twitter.com/realDonaldTrump/status/701868541545295872

Trump says he wants to audit the fed? What do you guys think?

Was this before or after he supported the bailouts?

 

[paulbot1776]

Was this before or after he supported the bailouts?

this was his statement on bailouts in 2008:

"I'm not sure that it's going to work. You know, it is trial and error. This is very complicated. This is more complicated than sending rockets to the moon.
"Nobody really knows what impact it's going to have. Maybe it works, and maybe it doesn't. But certainly it is worth a shot. I don't love the idea that the government's buying back all the bad loans. How about some of the good loans? You know? I don't like the idea that the government, frankly, is going to be negotiating with people to sell those loans, because maybe we'd be better off having the best bankers in the world do that."

 

[Origanalist]

this was his statement on bailouts

"I'm not sure that it's going to work. You know, it is trial and error. This is very complicated. This is more complicated than sending rockets to the moon.
"Nobody really knows what impact it's going to have. Maybe it works, and maybe it doesn't. But certainly it is worth a shot. I don't love the idea that the government's buying back all the bad loans. How about some of the good loans? You know? I don't like the idea that the government, frankly, is going to be negotiating with people to sell those loans, because maybe we'd be better off having the best bankers in the world do that."

TRUMP: On your show two years ago, I really — I mentioned the word depression then.

Now, I did not know about a $700 billion bailout, in all fairness. And I think probably, it is something — it's sad, but, probably, it's something that has to get done, because your financial system is most likely going to come to a halt if it does not. So, it is a pretty sad day for this country.

The fact is, nobody knows what is going to happen. The day it is passed, maybe things go to hell anyway. Nobody really knows what is going to happen. But, psychologically, people want it to happen. And, if you have the right people running it — and that is the big question, but, if you have the right people running it, you can make a lot of money. You can take over companies, and, frankly, take big chunks of companies. If you loan this money the way Goldman Sachs perhaps used to loan money, or whatever, you would have — I think you could make some phenomenal deals.

//

 

[paulbot1776]

Well i think Trump is our last hope at auditing the Fed. I don't trust any of these politicians running (except for rand) to audit the fed. Janet Yellen said that she will forcefully oppose any audit of the federal reserve; we need to find out what her and obama are hiding!

 

[CPUd]

Trump likes to borrow lots of money, he's not auditing a damn thing.

 

[invisible]

This is another great example of a thread that belongs in the trump section of RPF. To the OP: Hello, paulbot1776. Welcome to RPF! Since you're obviously new here, why don't you introduce yourself? What have you been doing to advance the cause of Liberty since, say, 2007? You must have been awfully busy working hard at this, since you never joined until this month. Have you filled out your activism bio yet? You really should do that, if you haven't already.

 

[Origanalist]

Well i think Trump is our last hope at auditing the Fed. I don't trust any of these politicians running (except for rand) to audit the fed. Janet Yellen said that she will forcefully oppose any audit of the federal reserve; we need to find out what her and obama are hiding!

Nothing phases you people, it's just amazing to witness.

 

[paulbot1776]

This is another great example of a thread that belongs in the trump section of RPF. To the OP: Hello, paulbot1776. Welcome to RPF! Since you're obviously new here, why don't you introduce yourself? What have you been doing to advance the cause of Liberty since, say, 2007? You must have been awfully busy working hard at this, since you never joined until this month. Have you filled out your activism bio yet? You really should do that, if you haven't already.

I

I voted for Ron Paul in 2008 and 2012 and have bought 3 of his books.

 

[phill4paul]

I

I voted for Ron Paul in 2008 and 2012 and have bought 3 of his books.

No you didn't. You're full of shit.

 

[invisible]

I

I voted for Ron Paul in 2008 and 2012 and have bought 3 of his books.

Cool! Which 3 books do you own, and what are your favorite quotes from them?

 

[paulbot1776]

Cool! Which 3 books do you own, and what are your favorite quotes from them?

Correction, only 2 of his books. The revolution and end the fed.
I also bought some books off his reading list such as "overthrow" and "blowback"

 

[invisible]

Correction, only 2 of his books. The revolution and end the fed.
I also bought some books off his reading list such as "overthrow" and "blowback"

That's great! What are some of your favorite quotes from them?

 

[paulbot1776]

That's great! What are some of your favorite quotes from them?

Well i especially love how the preface beigns: "every election cycle we are treated to candidates who promise us "change," and 2008 has been no different. But in the american political lexicon, change always means more of the same: more government, more looting of americans, more inflation, more police-state measures, more unnecessary war, and more centralization of power" pg ix

 

[r3volution 3.0]

Nope

Back on September 30, 2008, Donald Trump was asked by CNN's Kiran Chetry what he thought of the plan to bail out failing banks. What he told her:

"Well, I think it would be better if it passed. I'm not sure that it's going to work. A lot of people are not -- you know, it is trial and error. This is very complicated. This is more complicated than sending rockets to the moon. Nobody really knows what impact it's going to have. Maybe it works and maybe it doesn't. But certainly it is worth a shot."

...On October 19, CNN invited Trump back on and asked him, for some reason, to give world letter grades on how they'd handled the crisis.

BLITZER: All right. Henry Paulson.

TRUMP: I would give him an A.

BLITZER: Really?

TRUMP: I'd give him an A. And I know a lot of people are saying, oh, this and that. But the fact is, he came into a mess. He didn't create the mess, and he's helping us get out of the mess.

...BLITZER: The Federal Reserve Chairman Ben Bernanke, Ben B., as you call him.

TRUMP: I think that he has -- was a little bit late on the draw, but he's come around strongly, and I would give him a B-plus. A good, strong B-plus.

Look, I mean, these people inherited a mess. And they weren't necessarily to blame for it and they're trying to fix it.

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