Ron Paul on Fox Business - They are taking our freedoms and Socializing the economy - Updated

October 11th, 2008 | Economy, Federal Reserve, Ron Paul

BY: D. H. Williams @ 9:18 AM - EST

Fox Business has Rep. Ron Paul (R-TX) on to talk about the failed trillion dollar bailout of the power elite and their banker masters.

Mr. Paul asks how do you buy up illiquid equities with debt? He debunks the myth of “recapitalization” when he tells Fox Business “Capital in a capitalist system comes from saving. We have “0″ savings.”

Congressman Paul and others have pointed out that the markets have been responding negatively to the socializing of the financial systems.

Paul is asked is there a conspiracy to take over the banks? Paul says, “No, they just have a plan. They believe in Socialism and I don’t.”

Congressman Paul is concerned that over the weekend plans will be made for a “One World Central Bank.”

“They build up the panic. They build up the fear. To do terrible things. They do it in foreign policy. They do after 9/11. To undermine our system. To undermine our freedom. And know they are going to take over all of private ownership.” Paul Said.

He ends by saying “they have no idea how a capitalist system is supposed to work.”

Mr. Paul’s knows they do know how a capitalist system is supposed to work but is too polite to just call these traitors out for what they are - Trotskyite Communist.

Get prepared for a One World Banking Order under a Communist style system. Because it’s not coming - it’s here.