I came here today to figure out what the heck Ron asked Mccain. I knew it was about economics. I knew that Mccain was totally shocked like you should not be asking that question. Like it was supposed to be a secret. Hopefully some of the financial TV people will bring it up.
PLUNGE PROTECTION TEAM question was a HOME RUN !! People will be asking
- Thread starter Falseflagop
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slacker921
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ok.. this question did impress some folks and it is getting used against McCain..
http://www.huffingtonpost.com/heidi-pickman/play-by-play-republican-_b_83214.html
http://blogs.tnr.com/tnr/blogs/the_stump/archive/2008/01/25/there-won-t-be-blood.aspx
http://www.huffingtonpost.com/heidi-pickman/play-by-play-republican-_b_83214.html
http://blogs.tnr.com/tnr/blogs/the_stump/archive/2008/01/25/there-won-t-be-blood.aspx
pmbug
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Paul rambled too much when asking the question. I didn't understand what he was asking when I watched it live. He should have prefaced the question with some background so people would understand the question. He should have been better prepared.
I did laugh when McCain visibly winced when Ron announced his question was for him.
I did laugh when McCain visibly winced when Ron announced his question was for him.
I was watching the debate at RP Headquarters in NYC with a bunch of other people and we were rolling laughing at McCain. As you say, most people didn't understand the question but I agree it was a good question to ask him. The PPT goes against all premises of free markets and it is another corrupt organization aimed at helping the banksters. In the end an organization like this will contribute to the crash and economic collapse that they are supposedly chartered to prevent. Market forces will always win in the end, even if they are manipulated for a long time. The more you manipulate a market the stronger the snap back will be. Ron Paul at the very least has guaranteed himself a place in history as the lone voice that was pissing in the win warning us about the greater depression that has been heading our way for at least 2 decades. We are on the verge of something much worse than the 30s and almost no one realizes it.
roflwofl89
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While I agree with what you said and I definitely had no idea what he asked McCain, McCain might have been able to get a reasonable response out if Dr. Paul had elaborated on what it was...This way he was able to make McCain look bad, at least this is what I think.
It was a question that McCain could not answer honestly, not because he didn't know the answer, but because a selected candidate is not "allowed" to acknowledge the existence or the role of the PPT. It would be the end of their candidacy. It was a win/win for Ron Paul. Cramer WILL discuss this, and more of his talking head friends will come forward.
AlabamaWildMan
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Yessir !!
He was acting like he'd been Captured for the Second Time (with No Where to run to...)
The Machine
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Bingo! I brought this up in a thread last night. A lot of people would like to believe that McCain is a complete dumb ass and had no clue of what Ron was talking about--not so. McCain's look of suprise was more out of "I can't believe you're going there" than, "I don't know what the hell you are talking about".
McCain is an establishment man all the way...he can't disavow the PPT and still remain true to the private power brokers; so he answered with an ambiguous response.
dbhohio47
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It was a good question in that it accomplished several things: 1) It showed that presumed frontrunner McCain is a one-trick pony (war-mongering) and doesn't have a clue about economic issues; 2) It presented (hopefully) the opportunity for the MSM pundits to expose just how bad the financial situation really is in having a controversial organization like the PPT called in to manipulate the markets after monday's freefall in the foreign markets....demonstrating that Paul is aware of what is going on and NOT just some conspiracy theory-inspired chicken-little doomsayer that he is portrayed to be; and 3) that, with some MSM debate over Item 2, it will lead to some tougher questions and people taking a closer look at what current policy and practice is doing to our economy and country.
The key, of course, is getting these points out into the open view of the public. Short of writing your own full page newspaper ads dissecting the issues, I'm not sure how that will be accomplished given the media black out.
The key, of course, is getting these points out into the open view of the public. Short of writing your own full page newspaper ads dissecting the issues, I'm not sure how that will be accomplished given the media black out.
I haven't read through this thread, but for those of us who are interested and/or make a living through various markets, I understood exactly what Ron was asking as soon as it began to roll off his tongue.
http://www.freerepublic.com/focus/f-news/1958580/posts
This working group on markets, the Plunge Protection Team, is comprised of some known people, cabinet members and the Fed chairman, but also has members who are not know to the public.
They meet in total secret and the options the consider are not open to any oversight or scrutiny. Their decisions and resulting actions are also unknown to the public.
For example, was it the PPT who directed the emergency meeting of the Fed to lower rates by 75 basis points ahead of their scheduled meeting? If so, what else did they do? In fact, did they do anything at all? What will they do in the near future?
The question was simple enough. Will you use this group or get rid of it, and if you plan to use this group, will you keep it secret or open it to scrutiny?
BRILLIANT.
Ron asked the only question that can't be weaseled around, sound byted or bullshitted because those in the know will catch it and talk about it. Pick any financial or economy blog or forum and let people who didn't watch the debates know about the You Tube, transcript, etc.
Bosso
http://www.freerepublic.com/focus/f-news/1958580/posts
This working group on markets, the Plunge Protection Team, is comprised of some known people, cabinet members and the Fed chairman, but also has members who are not know to the public.
They meet in total secret and the options the consider are not open to any oversight or scrutiny. Their decisions and resulting actions are also unknown to the public.
For example, was it the PPT who directed the emergency meeting of the Fed to lower rates by 75 basis points ahead of their scheduled meeting? If so, what else did they do? In fact, did they do anything at all? What will they do in the near future?
The question was simple enough. Will you use this group or get rid of it, and if you plan to use this group, will you keep it secret or open it to scrutiny?
BRILLIANT.
Ron asked the only question that can't be weaseled around, sound byted or bullshitted because those in the know will catch it and talk about it. Pick any financial or economy blog or forum and let people who didn't watch the debates know about the You Tube, transcript, etc.
Bosso
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