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What Do Ron Paul 2012 Revolution Peter Schiff For Senate And January 19th 2010 Have In Common? Scott Brown Video

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Washington DC – The Libertarian Congressman from Texas and a Republican Candidate for Senate from Connecticut share something in common with January 19th, 2010.  That something they share is the view that the United States is on the road to ruin and the Federal Reserve is at the center of the blame with their inflationist measures.  

Ron Paul and Peter Schiff  are long time opponents of the Federal Reserve and its onerous policies.  Ron Paul is a likely Candidate for President in 2012 while Schiff is running for Senate from the State of Connecticut.  Schiff is a fund manager for Euro Pacific Capital.                 

And January 19th was the day the the Federal Government, with control still in the hands of Liberal Democratic Party, declared all out war on the private capitalist system.  The trigger for this declaration of war was the election of Scott Brown for Senate in Massachusetts. 

The uprising of voters from the liberal State of Massachusetts only emboldened President Obama to pursue his liberal agenda.  President Barack Obama issued directives against banks in an overt attack on capitalism less than 48 hours after the election with the announcement of the ”Volcker Rule”:

President Barack Obama today declared his intent to take on Wall Street by announcing plans for stringent rules on the banking sector that prompted comparisons with the draconian regulations introduced after the Great Depression.

In the boldest move taken by any government around the world to respond to the financial crisis, Obama told banks they would no longer be able to take risky bets with their own capital to make money on the financial markets.

Banks which take deposits will not be allowed to use their own money to take bets on markets, run hedge funds or make private equity investments through what he called the “Volcker rule” after former Federal Reserve chairman Paul Volcker.

He also wants to prevent further consolidation of the financial system in the US and will ban takeovers and mergers among American firms in the sector.

Read More: www.guardian.co.uk/business/2010/jan/21/obama-banks-wall-street-reform

Ron Paul and Peter Schiff are completely opposed to all things liberal, something they share in common with Scott Brown. 

Barack Obama has reacted in a defiant manner since January 19th in his direct attacks on the capitalist system.

For a snapshot of the actual real time reaction to Obama’s assault on Wall Street look no further than the stock market performance since January 19th and the announcement of the Volcker Rule on January 20th:

stockcharts.com/h-sc/ui?s=$SPX&p=D&yr=0&mn=1&dy=0&id=p18695369570

Peter Schiff Video:

 

Ron Paul Video:

 



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