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Ron Paul on Federal Reserve, banking and economy

Uploaded on Jan 17, 2007         

Excepts of Congressman Ron Paul (R-TX) from the documentary “FIAT EMPIRE – Why the Federal Reserve Violates the U.S. Constitution.” Dr. Paul discusses the origins, operations and results of the Federal Reserve System and fiat currency on the U.S. and global economy.

A film, Fiat Empire, can be accessed at or directly at Google Video at…

“This Telly Award-winning documentary on the Federal Reserve System was inspired by the well-known book, “The Creature From Jekyll Island” by G. Edward Griffin, and features presidential candidate, RON PAUL.

To order a high-quality DVD or VHS tape (by mail) with up to 160-minutes of additional interviews, go to To get instant downloads in a range of qualities, go to…and select from the “Documentaries” menu.

Find out why some feel the Federal Reserve System is a “bunch of organized crooks” and others feel its practices “are in violation of the U.S. Constitution.” Discover why experts agree the Fed is a banking cartel that benefits mainly bankers, their clients in need of easy money and a Congress that would rather increase the National Debt than raise taxes.

Produced by William L. Van Alen, Jr., the 1-hour documentary is a co-production between Matrixx Productions and Cornerstone Entertainment and features interviews by, not only G. Edward Griffin, but Congressman Ron Paul (R-Texas); MOVIEGUIDE Founder, Ted Baehr; and constitutional attorney, Edwin Vieira (4 degrees from Harvard). FIAT EMPIRE was written and directed by James Jaeger and narrated by Kris Chandler. Associate producers are Ted Pollard, author and former Commissioner of Radnor Township and James E. Ewart, well-known author of MONEY.

Use a DVD for personal screenings and a VHS tape for free public and private screenings.

For more information on FIAT EMPIRE visit or the mirror site at For various political, economic, sociological, media-related and philosophical essays by James Jaeger and others, visit UNIVERSAL ISSUES at

13:04    Video time


How the Federal Reserve Works




Uploaded on Oct 14, 2010

The audio may be a little off, especially if you’re using headphones.  This is a basic video of how the federal reserve works; it’s a bit dated (1999) and the eagle animation is kind of hokey, but it gets the general info across.  The video is narrated by respected journalist, Charles Osgood, who graduated from Fordham University in 1954 with a degree in economics.


Short book about the fed’s inception:…

Answers to questions about who owns the federal reserve banks and how it’s funded, overseen and audited:

The Fed is audited on a yearly basis by independent private accounting firms, by the GAO and by internal means; here’s a link to federal reserve audits going back to 1995:…

9:15    Video time

Ron Paul vs Bernanke: Is Gold Money? – July 13, 2011

4:33 Video Time
July 13, 2011 – Congressman Ron Paul questions Federal Reserve Chairman Ben Bernanke in a U.S. House Financial Services Committee Meeting shortly after reports surfaced that the Federal Reserve was preparing for a third round of quantitative easing.

“Bernanke Threatens The Congress” We will cause an Economic Collapse if you audit the Fed!  2:13    Video time



Published on Jun 25, 2009

Rep. Duncan questioned Federal Reserve chairman Ben Bernanke on Thursday about what his opinion of a majority in Congress who have co-sponsored Ron Pauls bill to audit the Federal Reserve.

Bernanke clearly regarded the bills intent as hostile to the institution he represents:  “My concern about the legislation is that if the GAO is auditing not only the operational aspects of the programs and the details of the programs but making judgments about our policy decisions would effectively be a takeover of policy by the Congress and a repudiation of the Federal Reserve would be highly destructive to the stability of the financial system, the Dollar and our national economic situation.”

The brunt of Bernankes statement is as crystal clear as a threat from a common street thug[:] back off from the Fed, or the economy gets it.

The chairman clearly implies that any attempt to restore monetary powers constitutionally granted to the Congress would be seen as a “takeover” and that the defensive and “repudiated” Fed would respond destructively.

Of course Congress constitutional power over money is in the U.S. Constitution:
The Congress shall have power To coin money, regulate the value thereof, and of foreign coin, and fix the standard of weights and measures; Bernanke’s open use of financial terrorism in the face of Congress blatant Constitutional authority is absurd and despicable.

A comment from a viewer said that he believes the average American does not understand how the Federal Reserve works. Some people have actually told him that capitalism cannot exist without banks and that the FED helps lower inflation. As long as the average person is that uninformed, this country is in real trouble.  I agree.



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