59 comments
RENO FRATANGELO
RENO FRATANGELO

we need to go by the constitution and go back on gold and silver standard fo our money. the people should control the money not the federal reverse.

who control the money control the world.

David
David

Well, i agree that we should allow gold to be used as a currency or any other means of exchange which people choose to trade with. Switching to a Gold standard doesn't solve any of our problems though as our problem are banks maintaining control of our currency and economy and raping the American Population for 5/6ths of what they earn with only 1/6th going back into useful production for our benefit and if we dont kill off these f'ing parasites who contribute absolutely nothing to any of our benefit, the system cant be sustainable. At best Gold would only buy us a few more years and by then these cheats and scam artists would have all the gold as well, it solves absolutely nothing.

Anyway, i'm going to repost a thread here discussing different ideas and options in terms of a working and sustainable economy and currency, and hopefully some will read these and have something to think about in terms of killing the real problem and actually establishing something which could work for us. All of us.

Note what Douglas says about the GNP of our thirteen tiny little colonies exceeding Atlantic trade at the time, this would have been the combined trade of England, Spain, France, Portugal, Holland and all of the other big powerful European countries who were colonizing north and south America at the time.

_________________________

Douglas
August 3, 2010 at 2:37 am | Permalink | Reply Report comment Report comment

Please consider the original US thirteen colonies success in establishing the first interst free multi-colonial paper money system. It was so successful that the merchant families controlling the Bank of England responded with violent force. Why?, because the colonies GDP exceeded Atlantic trade.

I am very sorry to say that today’s US Congress and Senate are nothing but powerless talking heads. On top of this, the latest financial bill, does nothing but shift more power over to private central banking families. I can go on and on about how ludicrous the Global financial system is. Showing how the private secretive central banking families hide behind the UN, CFR, IMF and the World Bank to help achieve their Global plans. Like fools they plan and set up their own self destruction. The main problem I have now is that they are destroying the planet earth and all humanity in the process.

This I cannot allow and will do my best to keep and preserve US. I know I may not have posted gracefully in the past and for this I ask your forgiveness. However, we are warriors and a true warrior does not strap bombs on himself and blow up innocent people, a true warrior does not hide behind political fronts to secretly achieve his desires. A true warrior fights for his people straight up right through proper legislation. However, If we do succeed in decommissioning the Federal Reserve, be prepared for a violent retaliation. This will come for sure.

Most Americans have been brain washed through the public school system, the media and the entertainment industry. All these powers have been used very strategically to destroy the US. The masses have become like herding cattle and this has been done deliberately all to help the central banking families justify their adulterated powers.

The very powerful private central banking families blame the US for the holocaust. Mainly because they did not fully act alone in the building and empowering of the Nazi socialist party. Wall Street and several US industrial corporations were involved. The Federal Reserve supplied the credits through their international exchange systems. What is most important to me about WW2 is not the fact that Hitler’s madness must be stopped, but, most important is why was he given so much power in the first place?

The truth is that the whole Nazi socialist movement was suppose to be a get rich scheme for many who did not want to deal with the US constitutional free market system. Do you see a new socialist regime forming?

Please consider that the US constitution does provide a proper law for the issuance of new currency. This is a natural process of the proper representation of the people so that the free market economy can expanded at a ‘natural rate‘ without treason. Now we have insane forced grown economics, all thanks to the stupid greedy central banking families. I have given this system much thought and studied many books on the subject. However, I feel that the basic truth behind running a sound system of exchange still eludes all by deliberate dumb down methods.

It is very important the we clarify the proper representation of mediums of exchange. As well as it is very important for the US to understand that the private central banking families are on a long planned out mission to make the US pay blood for blood the madness of Hitler’s Holocaust. Mainly because it took so long for the US to get into WW2. This delay may have been do to internal resentment towards the Federal Reserve system. Never the less, the FEMA camps are ready.

All my fringes may not be directly related to solving the problem but are important to understanding the magnitude of the financial chaos that is gripping our civilization. Solving the problem in my opinion starts with properly educating Citizens about how and why mediums of exchange have become so powerful and are a main factor for the sustaining of an advanced civilization.

_________________________

David
August 3, 2010 at 11:37 am | Permalink | Reply Report comment Report comment

This is a fantastic post Douglas, and you’ve done the same thing i have, examined history and found the single and only thing which has ever generated rich and abundant prosperty for any society and population, and this was Franklin’s colonial script.

I think i’ve figured out why too.

#1 : This economy had no private banks, the colonial governments which created and issued the currency on behalf of the people were the banks. They distributed the currency to the population, made loans to those who needed them and used the small interest they collected on those loans to fund their own operations in lieu of taxes, and i expect maintained financial accounts for the population much as our private banks to today. In today’s terms, this would simply involve forcing the government to do its job, make the currency and credit system the essential public service which it needs to be, where the currency was introduced into circulation by the department of the treasury and existed for no other purpose than to facilitate and maximize trade and production for the benefit of the population, with all of our current local bank outlets functioning as branches of the treasury, managing loans to and maintaining accounts for the population just as they do today, with all of the profits from the interest on the loans being used to fund the operations of the government and for the public benefit, resulting in a truly free private economy, where all business consisted of providing useful and tangible goods and services to the population, free of taxes where each and every person was entitled to keep 100 % of what they had legitimately earned, and where with the technology and production capacity we have today, excess currency to make up the difference between wages and the value of the goods produced could be freely distributed among the population to pay for the full extent of our production as well.

Instead we allow private banks, who contribute absolutely nothing of any tangible value to anyone or anything, to control the issue of our national currency and the only way currency can come into circulation is in the form of debt. This leaves both our government and our population completely and totally at the mercy and under the power of these private banks with absolutely no control of any kind over our own prosperity where these private banks have the complete, total and absolute power to manipulate both our economy and political system in their favor, to gain ever more power, control and ownership over America’s wealth, resources, industry and political system, to the point where they end up owning and controlling the people themselves. Money comes into circulation as debt. Government loans money it should be creating for the people from these private banks to fund its operations, and then taxes the people to pay for these operations and the interest owed to the banks. The private banks introduce further currency into the system by issuing debt/credit to the population who pay interest on it, which is then used by the private banks to buy ever more ownership and power over the country and its population while having contributed absolutely nothing of any tangible value to them, and where every dollar paid by the people, in taxes and interest becomes an instrument to their own destruction. How insane can this be, and how stupid can we be to tolerate a system that does this ?

# 2 : The colonial script the colonies used as currency had no tangible value. It was a fictitious paper currency, which they could freely create for the benefit of the population, out of thin air so to speak, which gave them the ability to create it in whatever quantity was needed in order to pay for the full value of the goods and services the people in the colonies were capable of creating for each other. Having the ability to do this, is absolutely essential to maintaining a stable, reliable, functioning and growing economy and here is the reason for this, and its a very simple thing as well. Each and every useful product or service being created by each member of the population in order to trade with and benefit the others is created out of thin air as well. When i manufacture a product for a customer, something is there which didn’t exist before. It exists simply and only because i had the knowledge and ability and was willing to contribute the effort that it took to create it for them and i have created this useful item which can benefit my client out of thin air so to speak. Without that creation from thin air the item would not exist. The same applies to those who create the materials i use in that creation, as they also are created out of thin air, and would not exist were it not for some enterprising individual who had the knowledge, ability and will to take raw materials from the earth which for tens of millions of years have served absolutely no useful purpose and convert them into something which i can use in my creation as well. Those simply offering services, are creating useful and tangible benefits out of this air as well. A meal that is cooked, a cup of coffee which is served, a vehicle that is repaired and made to work again, all of which could not be available to anyone without some persons effort in providing these services out of thin air once again. Since 100 % of of the useful production and services we create for each other are created out of thin air, and since the only useful purpose of any form of currency or economy can be to facilitate and maximize the trade of these useful goods and services among the population for each others benefit, is it not then absolutely essential to have the ability to manage and create a currency out of thin air to in order to match the full extent of our ability to create these useful goods and services out of this air as well ?

Under the current state of things, only banks have had the power to do this, and have used their ability to do this against the interests of the population, however it is only the fact that the power to do this is in their hands instead of our own which has been the cause of our destruction. With this power resting in the hands of the people whom the currency and economy is intended to serve, it can be an equal and greater means to our prosperity as well. I’m 100% in favor of allowing competing currencies, and allowing people to trade in any manner of with any substance that they choose, however we cannot have have an economy which functions on a finite currency where the ability of the people to create useful goods and services is infinite. We must have a standard and universally accepted currency which can be created in a consistent and reliable manner in order to match the creation of useful goods and services by the population. If we do not, then the economy either cannot grow, or will exist in a state of constant deflation, where the simple act of hoarding the finite currencies would become a means to wealth, and ultimately power, with those doing so having made no contribution to the economy itself, ultimately establishing Banks, as it already has. Why not let an infinite currency serve as a means of trade for an infinitely growing economy, and let this currency establish a stable and consistent value for the finite currencies which can be used as a means to save and establish security ? If the infinite currency is mismanaged, and inflation created, the value of the purchasing power of the finite currencies will remain the same, maximum production and prosperity has still been generated, and no real harm is done, no power has been created nor any prosperity denied to the American people, as this ultimately can only be defined as the amount of useful goods and services making it into the hands of a population, and as long as this is accomplished the currency has served its purpose, and nothing else is of any consequence.

Anyway, i think that both myself and most of the American population regard Ben Franklin as the wisest man who has ever lived, where even the wisdom of Solomon pales in comparison. It was he who invented this concept, and as with everything else he did, it was something that worked, the only thing which has ever worked, the only thing which can ever work, and the single and only concept which has ever brought prosperity to any general population in history. Banks have been wise enough to use it towards buying power and ownership over America and its population, and thus far the American population has been foolish enough to let them do it. Hitler was wise enough to use it to build a small, bankrupt and destitute country into a major power that almost conquered the world in order to fulfill his power ambitions. Isn’t it about time that American people restored Franklin’s concept to its original intent and purpose, and used it to create the infinite wealth and prosperity for themselves according to their infinite ability to create it, which Franklin intended in its creation ?

If so, then the wealth, prosperity and useful technological advancements which result will be so far beyond today’s comprehension, that the best of what we have ever experienced in this country’s history will appear as the dark ages in medieval Europe by comparison, If not, then we will experience those dark ages again, as this is what our banking system has in store for us, with them existing as our lords and we existing as their serfs, and the end result of what we have today can be nothing else.

As always and for everyone, copy, paste forward to everyone on your email list so that ideas of a free economy and free society can permeate society and motivate the action we need in order to establish this for ourselves, not only this thread but all others relevant toward this purpose. Be an American, fight for America, destroy power, establish freedom, establish prosperity for yourself and all the rest as Franklin and our founding fathers intended. If you do nothing, then there will no longer be an America and you will no longer be an American, but a serf and a subject, as will all other Americans, and it will be you and you alone who is responsible for this as well.

Those who don’t learn from history are doomed to repeat it, and all that is required for evil to prosper is for good men to do nothing, lets all do something.

As Douglas says, are we warriors in defense of our own freedom and prosperity who will live and die in order to secure and establish this for ourselves and each other, or are we nothing but cowards and sycophants who will submit to power at our own an each others expense in order to receive a few scraps from the masters table ? What you are, and what the rest of us become, will be determined by what each and every one of you do.

oregonpapa
oregonpapa

Warren ...

You might want to check a book of essays compiled by Ayn Rand. The book is titled "Capitalism; The Unknown Ideal." Contained therein, is an important essay written in 1966 by none other than Alan Greenspan (a Jew) about the importance of gold backed currency, how it relates to maintaining a free society and how it prevents the building of a welfare state. Just as a side note, Ayn Rand's birth name was Alisa Rosenbaum. Just sayin ...

Steve O'Connor
Steve O'Connor

If the U.S. were to attempt to return to a gold standard, it would quickly be forced off of it, just as England was forced off it in 1931.

Because we have destroyed our protective tariffs, we now have run an accumulative trade deficit of over $9 trillion. Foreign holdings of dollar reserves now exceeds $5 trillion.

Based on a 25% reserve gold standard (we historically only backed 25% of the U.S. dollars with gold) those foreign dollar holdings alone could be used to extinguish the gold backing of $20 trillion - more than the total money supply of the United States.

Ron Paul completely ignores the lessons and warnings of past leaders in his free trade dogma:

"We were suffering from the restrictions of foreign nations, who had shackled our commerce, while we were unable to retaliate: and all now agreed that it would be advantageous to the union to enlarge the powers of Congress: that they should be enabled in the amplest manner to regulate commerce, and to lay and collect duties on the imports throughout the United States."

"The Address and Reasons of Dissent of the Minority of the Convention of Pennsylvania to their Constituents"
Samuel Bryan
December 18, 1787

In the debate on the first tariff bill in 1789, Fisher Ames, one of the ablest men in that Congress, said :

" I conceive, sir, that the present Constitution was dictated by commercial necessity more than by any other cause. The want of an efficient government to secure the manufacturing interest, and to advance our commerce, was long seen by men of judgment and pointed out by patriots solicitous to promote our general welfare."

Daniel Webster, historically known, as "the Great Expounder of the Constitution," in a speech at Buffalo, June, 1833, declared : " The protection of American labor against the injurious competition of foreign labor, so far at least as respects general handicraft productions, is known historically to have been one end designed to be obtained by establishing the Constitution."

Years later he repeated this idea, but much clearer and stronger in a speech at Albany, in August, 1844, when he said :

" In Colonial times, and during the time of the Convention, the idea was held up, that domestic industry could not prosper, manufactures and the mechanic arts could not advance, the condition of the common country could not be carried up to any considerable elevation, unless there should be one government to lay one rate of duty upon imports throughout the Union ; regard to be had, in laying this duty, to the protection of American labor and industry.

" I defy the man in any degree conversant with the history, in any degree acquainted with the annals of this country from 1787 to 1789, when the Constitution was adopted, to say that protection of American labor and industry, was not a leading, I might almost say, the leading motive, South as well as North, for the formation of the new government. Without that provision in the Constitution, it never could have been adopted."

Warren Wilson
Warren Wilson

Tim Singleton wrote: "Those who instigated fiat currency are godless and amoral." I agree! They are godless and amoral Jews. He also wrote: " ... What he (David White) DID see was a war torn apart by central banks and greed." Again, I agree! The central banks (including the Fed) are completely under the control of greedy--no! AVARICIOUS--Jews. Read a few more history texts published before WWII, and you will begin to see the big picture.

Warren Wilson
Warren Wilson

To Tim Singleton: Several posts ago you wrote, "Those who instigated fiat currency are godless and amoral." Absolutely correct! Those who instigated fiat currency (were) are Godless and amoral JEWS! The Federal Reserve Bank is a private corporation that is not a bank, and does not have any reserves. It prints worthless dollars on what might as well be toilet paper. You went on to say "... What he (David White) DID see was a war torn apart by [Jewish-owned and -controlled] central banks and [Jewish] greed. (Brackets mine.)

Cathy
Cathy

We, voters and taxpayers, have to DEMAND that our elected officials put the DOLLAR BACK ON THE GOLD STANDARD to stop this economic free for all. It's the only way since The Fed loves printing dollars and Congress loves spending them! We have to take the power back from Congress and the President and The Fed!

Poppa Bear
Poppa Bear

Most of us have been waiting a long time for the price of gold to start taking off again.

Gold as well as most other commodities have been held down for quite a long time by the bankers. The world wide economic system is based on paper and the Central Bankers will lose power when commodities begin to rise. If the system is driven by paper and credit, it would not be in the interest of the bankers to have the public buying up tangible assets.

Gold and the rest of the precious metals have become the only real safe investment. I believe the current gold price is not anywhere near the price it should be at, based on inflation.

The following is an excellent article on how gold has decoupled from the US Dollar.... http://www.goldnewswire.net/gold-disconnects#gold-price

Tim Singleton
Tim Singleton

Yes, in form, but not so much in substance. The 16th Amendment creating the income tax was repeatedly defeated in the Senate as long as the state houses were selecting senators directly.

With the passage of the 17th Amendment which gave all the people equal say in selecting their two senators just as they selected their representatives, the politics of envy were used to justify a Federal income tax. The same interests and people who elect representatives now elect the Senators, so, from that perspective the bicameral nature of the Congress is greatly compromised. My point is the balance of powers amongst the people is as important as the balance of powers amongst the three branches of government.

Their simply is no balance against those who receive benefits from the government acting in favor of those who produce. As for it being a horrible thing to say, well, tough. It is going to be a horrible thing to see this nation eventually go bankrupt. The rich will make out as they always do and the poor will suffer even more than before. We will become 'equally shabby.'

Besides, I have been overseas and I have seen poverty. There is not a helluva a lot of poverty in the United States when taken in the context of the world.

Sean
Sean

"The United States Senate is the upper house of the bicameral United States Congress, the lower house being the House of Representatives. The composition and powers of the Senate and the House are established in Article One of the Constitution." Wiki

And thats a horrible thing to say. We don't want to split up our country at all. We want the rich and the poor working together.

Tim Singleton
Tim Singleton

Well, I would certainly prefer to get paid in gold and silver because whatever else may come, I still got my gold and silver. Dollars can be repudiated as can any currency.

This is not going to be resolved as long as the voting poor have the ability to have an equal say as a producer. This is why we had a bicameral legislature. The 17th Amendment has us screwed into the ground.

Stewart, Scottish
Stewart, Scottish

Interesting posts. I agree with Warren on most points. There are just enough pawns (some Jewish) in the mix to confuse people, but there is a Rothschilds behind each sinister chapter of American history for the last 150 years or so. It is no accident that they are NEVER in the news.
I'll have to dig out an old book of mine, "The Elite Serial Killers." I forget the author's name, I will post it. Written by a patriot.
Which reminds me, look up "Sodium Fluoride" on the internet. This poison is added to toothpaste. Read the back of the label on your toothpaste. The Nazi's wanted to "tame" people, make them docile like sheep, so we have Sodium Fluoride. Laugh, but it may just answer the question "Where is the RAGE?"

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Hello! Ben, it is a pleasure to meet a kindred soul. I served in the Army Amphibious Engineers in Europe when your dad was flying those missions over the Continent. Both of my sons are about ten years older than you. But we all are on the same page. It is sad that so many members of the younger generations have been badly mislead by the socialist teachers who now are in control of the system. Brainwashing is difficult if not impossible to reverse. But as more and more politicians in both major parties are being exposed as the lying, cheating, thieving traitors that they are, I see a faint glimmer of hope that John and Jane Doe might awaken soon from their apathetic stupor and smell the (Yiddish) coffee. The truth will set you free, and the Internet is a great conduit for disseminating the truth. Nothing is going to change for the better until the neo-cons have been deprived of their power.

Dick Dixon
Dick Dixon

There are many creatures on this forum lurking around trying to spam with loads of garbage to throw people off the subject matter...

They always have something in disagreement with Hero Ron Paul's ideas, and bring up pages and pages of useless and meaningless crap.

Every topic has 3 to 5 of these rats, just read through the comments and it should become obvious.

They are working in teams, because they know, websites like this one are what they want to prevent...

They want to prevent the truth.

D. Dixon.

Old Ben Franklin
Old Ben Franklin

Dr. Paul is the voice of truth and reason. He is a man of honor. He is a man we can trust. But why is Washington not filled with men of his character? How do conniving liars and parasites like Hillary Clinton, Harry Reid, Nancy Pelosi manage to weasel their way into high office? It boggles the mind. Our "vetting" process for elected officials needs some serious changes.

Ron Paul for President in 2012!

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Everyone ought to read Ron Paul's book, "The Revolution" (find it at Amazon). Ron is the smartest Rep in Congress--probably the only honest one in 435. He understands economics. Reps each have a $1 million expense account. He returns part of his to Treasury each year. He doesn't accept annual cost-of-living pay increases. He doesn't participate in lucrative Congressional pension program. He has never voted for a tax increase. He never votes for a bill that doesn't comply with Constitutional requirements. What else do you need to know about this fine patriotic American citizen? Get hip, youngsters! When you reach my age (87) you'll be smart, too (if you are still alive, that is--just don't count on it).

ben
ben

What is going on with the treasury? If they provide insufficient answers today in front of the senate committee on banking housing and urban affairs, we should just put Ron Paul in charge of it all.

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

The Federal Reserve Bank is a private corporation that prints fiat money that is backed by nothing. The Fed lends this "money" to the U.S. government at an interest rate determined by the Fed. The loan must be repaid to the Fed with interest. The government doesn't have any money except what it steals from us taxpayers. So we taxpayers are paying interest to the Fed for paper money that has no more intrinsic value than toilet paper. You might not like to to hear this, but it is true: The stockholders in the Fed are international banking dynasties such as the Rothschilds. It is because of the greed of these bankers that the world now is in an economic crisis far worse than the Great Depression. How do I know? I lived through the Great Depression, and I can tell you it was a cakewalk compared to what we face today. Here are a few things that didn't exist during the Great Depression: Medicare, Medicaid, Social Security, foreign aid, welfare, Fannie & Freddy guaranteed mortgages, credit cards, student loans, etc. American Blacks were segregated and had not yet become militant as many of them are today. And there weren't 20 million illegal aliens who hate White Americans, who don't want to assimilate, who take your jobs, who commit violent felony crimes such as murder, rape and child molestation. Just in case you don't know, the Rothschilds are Jews, as are most of the principal owners of the Fed. Chairman Ben Bernanke is a Jew, as was his predecessor, Alan Greenspan. In fact every chairman of the Fed since its inception has been a Jew. Jews take care of their own, which is why the Jewish-owned Wall Street banksters (bankers-gangsters) have been bailed out, while you and I are picking up the tab. Such a deal, huh? Until you learn the history behind the Fed, you are not in a position to intelligently argue who and what brought on the financial meltdown. Oh, yeah! I forgot to mention, the crook Obama nominated for Secretary of the U.S. Treasury, Timothy Geithner, is a Jew who failed to pay a big chunk of income tax he owed--until he was nominated. Had he not been nominated, he never would have paid. Let you or me try cheating on our income tax, and we will cool our heels in the slammer. Now go to the library (those of you who can read) and check out some history books that were written before WWII. All the new books--the kind you read in school (those of you who can read) were written my Marxist conspirators (Jews) who tell you only what they want you to know. Did I mention that Geithner who cheated on his taxes, and only paid up after he was nominated as Secretary of the Treasury, is the guy who now is in charge of the IRS, the agency that collects income taxes from you and me?

bobadi
bobadi

One of the problems of adopting the gold standard is that it would inflate the price of precious metals beyond anyone's ability to purchase it as there are far too many people in the world today.
It would make those hording it extremely wealthy, and they would have to be in order to survive, because it would also cause extreme inflation in our economy as it is used in many of our most important industries, especially electronics.
For an example, listen to jewelers; they were being driven out of business due to the price of metals, no one wanted to buy them at an inflated cost, can you imagine if that cost was driven up 500% or more? Remember we are not talking just jewelers, but nearly all major electronic industries.

Anthony
Anthony

Hey the Gold Standard? That's what where talking about.

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Judaism no longer is a religion, it is a cult. Every Jew I've ever known in 87 years has been an atheist who proclaimed himself morally and intellectually superior to me. Anybody who cannot or will not recognize the current crisis having been precipitated by Marxist Jews needs a brain transplant. Look at Obama's cabinet. Look at his staff. Look at the Fed. Look at Wall Street. What do you see? All I see is Jews. If you don't see them, you are blind.

Anthony
Anthony

Thank you, I'll check them asap.

Kenny
Kenny

Well I am very glad we have returned to the topic at hand. Essentially the problem is that our beloved country is no longer functioning under capitalism, but is everyday becoming more fascist and ipso facto more socialist. So really the problem is not necessarily the monetary standard but the interference of the government (even simple paper currency could work as a standard so long as it is generally excepted and not forced). Anyway, Anthony some good books to read would be Gold, Peace and Prosperity by Ron Paul and also The Gold Standard: Perspectives in the Austrian School by Lew Rockwell (I have not actually read the latter but I trust LR enough to know that it will definitely answer your questions.

Anthony
Anthony

Now that the subject is back to where it should have been from the beging, what is every is everyone's ideas on how to fix the problem at hand. I don't know to much about the gold standard? What are good books to read to better inform my self on this topic.

voodootree
voodootree

It is regrettable that the issue of returning to a fair monetary system has been dragged into the territory of anti-semetic rhetoric. There are conspirators, yes. There are conspirators for every single thing that that we do on purpose. For example: just this morning, my son and I conspired to have breakfast. But the conspirators are not all jews, as Warren suggests. I would wager that many of them are convinced that their system will actually work even, and that they aren't in the least sinister - thay are just wrong. Further, I wouldn't doubt (on the subject of conspiracies) that Warren's entire purpose is to "taint" this discussion (and thus the entire topic of a gold standard) by bringing in this anti-Jewish nonsense. Regardless of purpose, that is what he has done.

So - Warren: IF you would like to help bring the national conversation concerning a return to a gold standard into the light, you need to stop it with that.

Ken
Ken

Our men and women in the military are strong, courageous and believe in the constitution and what it stands for. I think they need to be brought back home so they can take a stand against those destroying America. It almost seems they are purposely sent to far away lands outside of our borders so their voices will not be heard as America is being destroyed from within.

Anthony
Anthony

Thank you, why should we hate more when hatred is the problem in this world. I'm young and I know I have a lot to learn. One thing I do know is that we need to stop piling ignorance on top of ignorance, and by blaming one religion is not going to stop that.

Jesse
Jesse

You have to engage...This means turning off the TV lifting your ass off the couch picking up the telephone and telling your gov't officials what you want...It also means voting for congressman and women who are actually qualified...Because very few people in Washington know very little about balancing a budget the door is wide open...Do your home work next election and find out who are the fiscally responsible candidates...Real change can only occur when the establishment of life time politicians are voted out of office...Restore the republic!!!!

Tim Singleton
Tim Singleton

I cannot even begin to address the pool of ignorance your reply must pull from. I will not address you again until you have read Atlas Shrugged, all 1000+ pages. You have your homework.

Sean
Sean

We still have a bicameral legislature. The Senate and the house of represenatives....

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Dear Old Ben: How old are you--really? Probably not even close to my ripe old age of 87. But I can see you are a thinking man, which is all that matters. Ben, the Marxists have been working day and night for a century and a half, slowly, one small step at a time, preparing for the day when they could declare the U.S. Constitution null and void, and incorporate America into their NWO with headquarters in Tel Aviv. At least three generations of Americans have been dumbed down by the public school system, and that is why they have been conned into voting for the criminal traitors who currently are tending the store. There is no easy way out. Quite candidly I believe we are about to experience the Second American Revolution--not a pretty picture to be sure, but it is either fight to retain our freedom, or submit to slavery at the hands of the Jewish supremacists. I, for one, prefer death to slavery.

Mike D
Mike D

Could you please elaborate on the militant blacks? I'd like to hear more on this topic. Can I guess you're a Christian white male? I noticed you had nothing negative to say about them.

Nate
Nate

With respect, I'll take the value and discard the bigotry in your post.

Nate
Nate

You're likely right there would be problems going back to the old system and Ron Paul argues that point. I don't think they would be the specific problems you state but whatever.

But it is important to remember that there is no such thing as "the gold standard". When people argue for the gold standard or a gold standard, they are pretty much arguing for commodity money/certificate money. The important thing is that money is a commodity or backed up by a commodity. Gold and silver tend to win out whenever and wherever they are available to be used as money. So really what Ron Paul is arguing for is sound money and a repeal legal tender laws and allow competing currencies. Let the market (the people) decide what money is best.

Meetra
Meetra

I know, right..........

Tim Singleton
Tim Singleton

I think hard money has always been a mix of gold, silver, and copper. You cannot have one because while gold is divisible to really fine amounts, it becomes impractical past a point. Silver and copper make good alternates for smaller values or always have in the past. I will take payment in any of the three or any other high value metal, LOL.

I don't think you can cold turkey anything here. Congress has to force the Fed to accept competing currencies, though. Anything else will not work. The Fed will fight because as everybody knows, good money will drive out bad money. I have my doubts about whether a competing currency such as hard money would improve the dollar's value by virtue of competition, though. I think it would just inspire more machinations from the Fed against our economy.

Meetra
Meetra

The gold standard was what was used to back up our currency. simple put: one dollar bill was backed up by a dollar's worth of gold by the US treasury. At one point there was a shortage of gold and so silver was in the mix. Most of the transition away from the gold standard was due to FD Roosevelt and the new deal. The government started printing money on credit that was backed up by investors. It is really complicated any further into the subject.
In addition to other suggestions, anything you can find on global economics post WWII; like the Bretton Woods agreement will help you understand why this is such a big deal right now. We are basically out of credit for which the US can print money.

Tim Singleton
Tim Singleton

Now, THAT is the most interesting thing I have read today.

Tim Singleton
Tim Singleton

No, we do not. We have two houses elected by the same pool of voters. Originally, the Senators were elected by the State legislatures and acted as ambassadors of the States to the Federal goverment while the House of Representatives were elected by the voters.

They could not pass the 16th Amendment, the income tax amendment, as long as the States were selecting senators. I present as my own definition of proof of this that one of the first things done after passage of the 17th Amendment, which gave selection of Senators to the voters rather than the State houses, was the passage of the 16th Amendment that gave the Federal government the ability to tax the individual.

We had much more protection from the Progressives when the State houses selected senators than we do today. Now, the Senators interests are the same as the representatives. It was a sad day for the republic when is lost a key character of being a republic.

Old Ben Franklin
Old Ben Franklin

Hi Warren,

I was born in January 1949.

WWII vet, are you? My dad was a B-17 pilot stationed in England. He flew 16 missions over Germany. 306th Bomb Group, 367 Bomb Squadon. He died in August 2003.

I've been a student of economics, especially the history of currencies since I was in college, late 1960s. I can tell you this. GW Bush's bailout package and Obama's stimulus package are actually the same thing. They are both just massive devaluation of the American people's money. Once these devaluations work their way into the economy, I'm fairly certain general prices will jump higher than ever before. I think this one reason Obama is in a hurry to create a national civilian security force -- he's not really afraid of terrorists, but he and the rest of them are very afraid of a uprising (2nd American revolution). If that happens and it's successful, blood lines would be cut among the "elite" of the old regime in Washington, and they know it. There would be no other way to get rid of them.

These bums in Washington are trying to blame everything on Wall Street and other private entities, when in fact, the fiasco on Wall Street, etc. are only terrible symptoms. The real culprit and the root cause of these financial woes is (as Dr. Paul says) the U.S. Congress and the FED. They are a pretty slimly bunch on parasites (except Ron Paul and just a handfull of others).

These bums in Congress are conniving thieves and snakes-in-the-grass, trying to keep a very corrupt and parasitic gov't regime of Washington insiders afloat at the expense of the people and their resources. The tragedy in all of this is the TV-drugged American public who believe that Obama is going to help them. No way! He's out to save the federal fatcats and their interests at any expense to everyone and everything else!

So,

I say to everyone: begin by turning off that damn TV, and start reading about your elected officials in this country. They live the high-roller life on taxpayer's money. Learn to read the actual Federal Budget documents for proof. It's all there, hidden in reams of accounting documents. How about a $57,000 deck of gold plated playing cards for Air Force One? Just one item about thousands.

Old Ben.

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Nate (Short for Nathan, correct? Perhaps Jewish?) why do you accuse me of bigotry? Since when has telling the truth become bigotry? I merely tell the true facts as they are well documented. Abe Foxman and his goons at ADL have done an outstanding job of brainwahing most Americans. But I am not one of the sheeple. I am an intelligent person who thinks for myself. I have dealt with Jews on all levels throughout my long life (87 years). Every Jew I've ever known treated me as though I was intellectually inferior to him (or her). It is not my imagination. Incidentally, I am familiar with the Talmud, so Jewish supremacy is not a mystery to me.

bobadi
bobadi

Thanks for your reply.
Where can I read about Ron Paul's argument on this point? I would like to read this, as I do respect his opinion, even though I do not generally agree with everything he would implement.
I understand that precious metals are a real and honest commodity, but if the US starts banking in it, you must realize that there will not be enough of any of it to satisfy our world masses, in a sense it would become a new Malthusian trap in reverse technology. This again will drive up the value of these metals to such an extent that this; our new age world capitalist manufacturing will become impossible.... perhaps this return to "antiquity" would actually be better for our world in view of our near complete ecological vitiation of it?
Is this, what you are proposing; a new Luddite green world paradise?
If so, I may well be in favor of it..

Nate
Nate

Mr. Wilson, you are not offending me in the slightest and I doubt you ever could. I just think your words are counterproductive and erode the message of freedom and liberty.

Warren Wilson, WWII Vet
Warren Wilson, WWII Vet

Nathan, I mean no offense, but you simply do not have a firm grasp on the current world crisis. Until about ten years ago I had not been paying close attention. While I knew something was terribly wrong, I didn't have a clue to the underlying cause of the problem. Then I began to explore the underground media, and soon began to realize that I, like most people, had been mesmerized and totally brainwashed by the mainstream media that is owned, edited and censored by the conspirators. It finally dawned on me that there actually was a conspiracy to destroy America as I had known it. But there were so many dots that had to be connected before the big picture came clearly into view. Please take my advice. visit www.anu.org and read three of four articles at random. At first you likely will be skeptical of what you read. Go back for a few minutes every day for a week. I predict your curiosity will prompt you to follow links that will lead you to an ever-expanding realm of knowledge to which you might never before have been exposed. Another good site is www.newswithviews.com ... sure, you'll run into kooks, but you'll soon learn to separate the grain from the chaff. Anti-Semitism didn't fall out of the wild blue yonder. There are many valid reasons why it exists. And I might add that the Jews have brought it upon themselves.

Nate
Nate

Yes, short for Nathan. But not Jewish. I was baptizeed Catholic but no longer believe in gods. I'm sorry you had the misfortune of having every Jew you've met treat you as intellectually inferior. Have you met the "20 million illegal immigrants who hate Americans"? The bigotry comes from implying that a person's faith/race/immigrant status is of any relevance at all in these matters. If we had reason to believe these people are motivated by their religion/race it would be a different story. But we have no evidence of that. It is enough to condemn the actions of people without mentioning their faith/race/immigrant status.

We have to start looking at each other as individuals not members of the groups into which we are born.

Bringing up faith, race, immigrant status, for no reason does nothing to advance the idea of personal liberty. Indeed, such talk marginalizes the message.

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  28. [...] Originally Posted by Ferd In case some more folk are wondering why Ron Paul gets the "kook" treatment, this thread is exhibit A. because people say silly things. His policy that would have kept us out of the depression doesn't matter? His policy that would have prevented 9/11 doesn't matter? The reason is because you claim you cant get an answer to the gold standard????? That's just kooky. four minutes Going Back To The Gold Standard? [...]

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  29. [...] voters look for candidates with a balanced view on the issues. With his view to End the Fed and to go back to the Gold Standard, some of his views are too far-reaching for even the most committed [...]

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  30. [...] you know that Ron Paul is heavily invested in gold stocks?  Obviously, he wants a return to the gold standard to line his own pockets.  Unlike other honest politicians, he has always tried to do what’s [...]

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  31. [...] linking directly to gold, silver, or some other tangible resource.  This has been a plank in the Ron Paul platform, for instance.  In the real world, there’s little fear that the global economic order is [...]

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  35. [...] don’t know nearly as much about the Gold Standard as do Ron Paul and Lew Rockwell, but I do think that, given not just that the Feds have ruined the dollar but that [...]

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