In his 2010 State of the Republic address, Ron Paul outlined the following 8 point plan for a transition to a free society:
- Balance the budget by reducing spending
- Change our foreign policy to that of non-intervention
- A full audit and more supervision of the Federal Reserve leading to abolishing the Federal Reserve
- Legalize competition to the Federal Reserve with competing currencies
- Regain respect for civil liberties and privacy while reigning in the CIA
- Wean ourselves off the dependence of wealth transfers by government
- Abolish crony capitalism: no subsidies, no bailouts, no regulatory or tax privileges to protect the powerful elite, especially the military-industrial complex
- Eliminate the income tax, inheritance tax and taxes on savings and dividends.
Transcript
Date: 01/21/2010
As we start the new year 2010, the establishment politicians, economists and Wall Street are trying to convince themselves that we have turned the corner and economic growth has once again begun. The predictions that conditions are getting back to normal come from those who never saw the crisis coming and don’t have the vaguest notion what caused it. Some of them concede that it could be a jobless recovery. That will establish a new definition for a recovery.
Official unemployment is at 10% but even the government knows that if everyone is counted, including those individuals that are too discouraged to even be looking for work, the unemployment rate is 17%. Free-market economists claim the actual unemployment rate is closer to 22%.
There’s reason to believe that the correction has just barely started and has a long way to run. If the financial bubble came from excess credit created by the Federal Reserve, doubling the money supply can hardly be a solution. It wouldn’t make much sense for a doctor taking care of a very sick patient from severe infection to deliberately give the patient another infection. Yet that’s what the PhD doctors are doing to our very sick economy. It can’t work. It will make the economy much sicker. If our leaders don’t wake up soon, the economy will be brought to its knees. Great danger lies ahead.
In foreign policy, it’s always crucial that the motives of those who would do us harm are understood. Denial of the truth and accepting more politically palatable excuses will guarantee that threats to our safety will continue as we pursue a seriously flawed involvement overseas.
It’s the same in economic policy. If there’s denial or ignorance of the real cause of financial bubbles and the inevitable corrections that must follow, the economy cannot be reenergized.
We should have learned the lesson from the Depression of the 1930s that it was a predictable result from the Federal Reserve’s orchestrated excesses of the 1920s. Instead, the new-born Keynesian economists who took charge made certain that the correction would not be a one or two year affair as were the previous corrections in our history. The aggressive intervention by Hoover and Roosevelt, the Republicans and the Democrats, turned a short recession into the Great Depression, which lasted until the end of World War II.
The real tragedy was that the interpretation of the 1930s institutionalized bad economic theories. Unfortunately, and erroneously, the Depression was blamed on the gold standard, free markets and a lack of regulations. Though monetary policy was analyzed, its importance was 100% misinterpreted. The low interest rates and excess credit of the 1920s, driven by Federal Reserve policy, was not considered a factor in producing the stock market bubble and the malinvestment.
Instead, the 1930s analysts and even later analysis by Milton Friedman and the monetarists, along with academic scholars like Bernanke, came to an opposite conclusion: the Fed was at fault, but only because it was too tight, arguing that massive monetary inflation was the only answer to the slumping economy.
And now we are witnessing a grand experiment by the very person who for years claimed special knowledge regarding the Depression. Chairman Bernanke is in the midst of trying to solve the problem of massive monetary inflation and excessively low interest rates instituted by his predecessor, Alan Greenspan, by implementing even more inflation at historic rates.
The sad part is the answer to his very risky experiment with the wealth of our country and the health of our economy will take years to analyze. The conclusions will be just as flawed as they were in the aftermath of the Great Depression by an intellectual and political community that had totally rejected commodity money and the principle of free markets with the current understanding in Washington.
One hope, though, is that free-market thinking and Austrian economic theories will have greater influence in the next decade or two, since their influence is now on a dramatic upswing. But there are a lot of hurdles to overcome.
In the 1930s, in an effort to find the true cause of the crisis, Congress ordered an official investigation. It became known as the Pecora Investigation named after Ferdinand Pecora, the aggressive chief council of the hearings. It received a lot of public attention and brought about many major changes but, tragically, every conclusion made and new policies implemented caused the depression to worsen and legitimized bad economic theories that continue to haunt us to this day.
The Federal Reserve was not blamed except for not printing enough money fast enough. Artificially low interest rates and malinvestment, the main source of the grossly distorted economy and the bubble of the 1920s, were exonerated. Not enough regulations were blamed, thus the Glass-Steagall Act and the Securities Act of 1933 were passed and deepened the depression. Separating commercial and investment banking and the newly created SEC were to have solved all future problems-as long as the Fed was free from any restraint in its money creation, operations which were to serve big-government spenders and members of the banking cartel.
Since the flaws in the monetary and economic system were not corrected but made worse after the Depression, it was to be expected that periodic booms and busts would persist. The longer these cycles could be papered over with new money and credit, the greater would be the distortions and debt that would one day have to undergo a major correction.
[That correction is now in its early stages. Since the dollar was the reserve currency of the world and totally fiat since 1971, without any linkage to gold, the financial bubble became worldwide. This bubble that burst in 2008 was the largest in history. During the formation of the bubble, the U.S. as the issuer of the world currency received undeserved benefits. We essentially became the counterfeiter of the world and no one called us on it. Even today, the trust in the dollar that persists has buffeted the pain of the correction for us. This unique setup was a prime cause for our balance of payment deficits and] the huge foreign debt we owe-the largest in the history of the world.
The discord in the world financial system is telling us that it’s time for us to pay for our profligate spending and massive foreign indebtedness. We have lived, as a nation, far beyond our means and the message is, for the foreseeable future, that we will be forced to live beneath our means as this debt is paid.
The inflation optimists are excited about current signs of economic growth and have even announced the end of the recession. It is conceivable that a reprieve can be achieved and the penalty that our economy must endure delayed. A reprieve must not be confused with a pardon; one is a temporary delay, the other an exemption. The payback for our excesses is certain to come.
Massively increasing debt and monetary inflation can slow the crash and change some government statistics encouraging the optimists. But real job growth and a return of prosperity will remain elusive. The odds of us once again becoming an exporter of manufactured goods, like steel, cars, and textiles, are remote.
Ironically, a reprieve may well restore some confidence and motivate some spending and investment. But instead of restoring long-term growth, it may well act perversely by precipitating price inflation and higher interest rates. Since today’s interest rates are artificially set, much of our investing is unproductively misdirected.
Current enthusiasm in the stock market is once again a reflection of the message that low interest rates send. Thus too, the government’s stimulus package has helped to sustain the bond bubble, which in time must be deflated in order to get back to sound economic growth.
All of this activity poses a threat to the dollar.Governments are very powerful, and when in partnership with the monetary authorities that can inflate the currency at will, big government thrives. Welfare demands and senseless wars can be financed for long periods of time through inflation, as long as trust in the currency lasts.
Trust, though ultimately controlled by facts, can be misleading, since currency values can gain benefit from a country that has a strong military and wealth and a reasonably healthy economy. Eventually, markets and reality overwhelm, and illusions about a currency’s worth become a reality.
Today, reality is setting in and the first of three major events has begun. The worldwide financial system, built on a foundation of paper, has received the shock waves of an impending collapse.
The wild speculation and the derivatives market, the stock market bubble, the insurmountable debt – public and private – and the massive malinvestments have been shattered.
The only solution so far offered worldwide, but led by the United States, has been to “print money” faster, keep interest rates low at practically zero percent, and remove all stops for controlling deficits. These are the very policies that caused the disequilibrium, and doing more of the same, but only faster, can hardly help our economy.
The addiction to easy credit and deficit defies a wise political solution. Politicians are incapable of delivering the message of frugality, common sense, and sound money.
We can expect that the course we are on to continue and accelerate, since the first event, the collapse of the financial system, is still in its early stage.
The housing crisis is far from over; the commercial property crisis has not yet gotten much attention, and the financial obligations of the government are growing exponentially. And none of this forces the slightest pause in the expanding of welfare growth. The number of regulations, which are indeed a tax, are exploding though the market was already suffering from regulatory excesses. There’s a consensus in Washington that “wise” regulations can compensate for all the mistakes made by the Federal Reserve, the Executive Branch, and the Congress. This fallacy has been around a long time and will be difficult to overcome.
The pessimism of the middle class continues to get worse despite the prognostications of Wall Street and the Administration. Most Americans know that the standard of living and real wages have not gone up for the past 10 years. If you’re not a shrewd stock trader and instead invested in stocks 10 years ago and held on, in real terms you have lost 20% of your savings.
The middle class is poorer also because house prices have crashed and many have lost their homes. On top of this, all we hear about is the trillions of dollars of debt and entitlement obligations that have been racked up for future taxpayers to pay.
When it is revealed that the insider friends of the Fed and Congress get billions of dollars in bailout at the expense of the middle class, it’s no wonder the people are taking to the streets and directing their hostilities toward both Republicans and Democrats in Washington. Many would agree it’s well-earned anger and properly directed.
This anger and frustration will certainly grow as the consequences of the collapse of the financial system become more severe. The concerted effort to prevent the correction the market demands, guarantees a prolonged agonizing crisis. Every effort to reverse the tide will depend on spending, higher deficits, increased taxes and money creation. This effort is now providing another grand bubble: the dollar/bond bubble.
The next event will be a dollar crisis. A full-blown dollar crisis will be much worse than our current financial crisis. The extent of a dollar crisis depends on whether or not the Washington politicians wake up and change their ways – a dubious hope.
More likely, the insanity will continue until some not yet known event will undermine the confidence in the dollar worldwide. Signs of less desire by foreigners to hold our dollars are already present. I’m certain our Treasury and Federal Reserve are pulling out all stops to prevent a massive run on the dollar.
At present the orderly retreat from the dollar is working. But it won’t last.
China is quite active in investing in natural resources around the world, and including in Iran. While we live in the dark ages and believe only our military presence and military threats can protect our access to oil, China is actually spending some of their savings investing in their future access to energy and other precious metals and minerals.
But the orderly retreat from the dollar won’t last forever. Since 1973, shortly after the breakdown of the Bretton Woods Agreement, the dollar has lost 32% of its value against a Federal Reserve basket of currencies. But that doesn’t tell the real story, since that is a measurement against all other currencies, and they are fiat currencies as well. This gave the dollar an artificial benefit from its position of power in great wealth and military prowess. The dollar in relationship to gold, however, is down 97% since 1971, and 82% as measured by the CPI. The dollar, mismanaged by the Fed, has not been a benefit to the savers who sought to responsibly take care of themselves. They’ve been cheated by a rotten system and are just beginning to understand exactly how the Federal Reserve has been responsible for the swindle.
It’s impossible to predict the time when confidence will be lost, but it can come quickly. Resorting to buying other paper currencies will not be of much help. When the dollar crashes, most likely the purchasing power of all currencies – since all countries hold dollars as a reserve – will go down as well.
This means that dollars and other currencies will go into buying consumer items, precious metals and other physical properties. Consumer prices will soar, as well as interest rates. The central bank will lose control; and the more they inflate, the worse the confidence becomes. The interest rates will respond to these efforts by rising sharply.
If the Fed tries to reverse the run on the dollar, interest rates will also soar, and the pain on the American citizens will be of such proportion that political chaos will result. Either scenario leads to political and social chaos – the third event, and the most dangerous.
With no ability of the federal government to fund its commitments, international or domestic, major changes will occur in our system. The social unrest will elicit cries for government to exert unusual force to head off a complete breakdown of law and order. The ultimate trap will be set for a system of government claiming to protect a free society.
If more power and police authority are not given to the federal government, it will be argued that only anarchy will result. If more government policing power is given, it will mean a lethal threat to civil liberties. Already we have permitted the notion that a single person, the Attorney General or the President, can decide who is an “enemy combatant”, thus denying that individual the right to habeas corpus, permitting indefinite detentions without charges made. This attitude toward civil liberties has changed significantly since the fear built around 9/11.
Yes, I know, declaring one an “enemy combatant” is reserved only for the radical Muslims engaged in terrorism against the United States. To be reassured by this reasoning is quite dangerous and naïve. Logic should not lead us to equate suspects with terrorists, and include American citizens, and yet this has already been set by precedent. Under difficult circumstances, our political leaders will not be hesitant to use these powers to maintain order. Tragically, the people may even demand it.
We are rapidly moving toward a dangerous time in our history. Society as we know it is vulnerable to political and social unrest.
This impending crisis comes as a consequence of our flawed foreign and domestic economic policies, a silly notion about money, ignorance about Central Banking, and ignoring the onerous power and mischief of out-of-control intelligence agencies, our unsustainable welfare state, and a willingness to sacrifice privacy and civil liberties in an attempt to achieve safety and security from an inept government. Dangerous times indeed!
What can be done about it? Must we wait for the inevitable and expect to restore our liberties in a street fight against the overwhelming power of the state? Not a good option!
The only way that we can prevent blood from running in the streets is to offer a better idea of the proper role of government in a society that desires first and foremost liberty.
And that is impossible without a firm commitment by our thought leaders to the ideas of freedom, the source of all creative energy and prosperity. An all-powerful state is the threat to that ideal.
The prevailing attitude of the people, as it once was in early America, must be that of liberty and self reliance, rather than the nanny state and dependency, relying on government force to mold all private choices.
If this is understood, a smooth, although not painless, transition to a free society is achievable. Ignoring this option will be very destructive to everything that is dear to the hearts of most Americans.
What is it that we must do? We must immediately embark on:
- Balance the budget by reducing spending
- Change our foreign policy to that of non-intervention
- A full audit and more supervision of the Federal Reserve leading to abolishing the Federal Reserve
- Legalize competition to the Federal Reserve with competing currencies
- Regain respect for civil liberties and privacy while reigning in the CIA
- Wean ourselves off the dependence of wealth transfers by government
- Abolish crony capitalism: no subsidies, no bailouts, no regulatory or tax privileges to protect the powerful elite, especially the military-industrial complex
- Eliminate the income tax, inheritance tax and taxes on savings and dividends.
None of this can happen without the restoration of Congress to its dominant position of the three branches of government as was originally intended by the Constitution. The Executive and Judicial must be reined in, and Congress must assert its prerogatives over all legislation curtailing all unconstitutional agendae through budgetary controls.
Signs abound that angry Americans are now more ready than ever before for a change in direction that is indeed real. If this program were improvised, even suddenly and dramatically, the adjustment, though significant and to a degree somewhat painful, would be much shorter and of minor consequence compared to the chaos and poverty that will result if we refuse to change our gluttonous appetite for a free lunch.
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Wow you guys are a bunch of fan boys. Dont know anything about whats going on at all. Good luck morons.
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http://news.yahoo.com/s/ap/20100219/ap_on_bi_ge/us_obama_deficits
After reading that, there is a part in there saying “The rising debt threatens to force up interest rates and crowd out private investment, according to economists.”
Once intrest rates go up, people won’t go out spending…AGAIN! and the US dollar will tank. Just like Dr. Ron Paul stated.
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That is misinformation Austrian economics have been buying out city roads and towns through out all of the United States.
YouTube channel warsun99
This is because farmers have gone bankrupt and have reported these issues about there land being sold off to Austrian economics.
These things happened in city hall for over 2 years. We all complained about there actions claiming they cant own our land. But the government law have been rewritten to make it legal!
Thats our problems. Haven’t you been outside looking at all the building up for sale? Everything is shut down and sold. We dont own that stuff anymore. Stuff on our land.
And we cant stop Obama. You cant get near him to stop him. Hes beefing up security. Adding more guards. Seriously you people need to go to my web site or check out Hyperinflation on YouTube. You need to be informed.
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Austrian economics is a physical entity?
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I see you’re still rattling off your nonsense. We haven’t had Austrian economics in this country. But we certainly need it at present. Hamilton’s so-called “American System” is just the British system with a few changes and a different name.
Make your way to a LaRouche website/forum. There you can chant “We just need the right Philospher Kings in the positions of power! We need the government to force people to order their lives in a particular manner.” The arrogance and hubris is amazing.
I swear, it’s as if you haven’t even heard of spontaneous order. But it exists all around you and it’s beautiful. A central planner wasn’t needed to order the universe, a central planner wasn’t needed to structure the mind, and a central planner(s) isn’t needed to organize the economy. In fact, they’re not even wanted. Because their actions will only screw things up. Central economic planning doesn’t work.
We need to find our way back to freedom.
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If you look at history of America, it is the intervention of in America that is the corrupting influence of the American Economy. This has been the design and intent of the British Empire since the Revolutionary War.
The 1st and 2nd National Banks were a huge bulwark AGAINST the British Empire. Do not believe the Revisionist “history” about Alexander Hamilton. Hamilton is the “father” of the American system of economy…which proscribes a National Bank dedicated to the development of the Nation’s infrastructure for commerce, agriculture and manufacturing.
The War of 1812 was the British opportunity to defeat America after Madison let the 1st National Bank charter expire. Before Madison left office in 1815, congress re-chartered the National Bank and America flourished once again particularly under JQ Adams who was a “Hamiltonian”.
I won’t go into all the history, but Lincoln was a Hamiltonian as was Garfield and McKinley. But with the assasination of McKinley this gave rise to the Progressives who were essential “British Sympatherizers” and saw the American-British Domination of the world. Woodrow Wilson gave us INCOME TAX and the corrupt FED, which was NOT a real National Bank, but was above the control of congress, except if the dissolved it completely.
FDR was a Hamiltonian and JFK was cut in the cloth of FDR. These were the ONLY two good presidents we’ve had. The rest were ineffective and at worst (Like Bush W and Obama) totally corrupt.
Ron Paul has a lot of it right…except for the economics. Austrian Economics is FREE-TRADE…and that is the problem we have NOW.
The problem is solved with a correct “Glass-Steagall” protected commerical banking system that issues “Credit” to business, primaily for INFRASTRUCTURE development. In the 19th century it was river commerce (canals) and railroads. Today we need “High-Speed Mag rail”, Water desalination, dams, water reclamation for agriculture (in the West, the greening of deserts), and MOST OF ALL….NUCLEAR POWER….FISSION and FUSION.
When a government provides credit for this kind of infrastructure development with the purpose of creating a strong “machine” tool industry…we can then make and build anything we need. This kind of power supports the population of America and in the world.
We also need Science Driver Missions to provide “scientific breath-through” which then creates the opportunity for technology development. JFK’s MOON MISSION provided such advancement. We need such a national mission today with a return to the Moon and ultimately Mars colonization in the next 50-100 years. The Moon has and abundance of Helium 3 isotope (provided by the sun) and is the perfect fuel for Fusion reactors. A Fusion Rocket can travel and constant acceleration up to 1 G to Mars in 3 days.
Science Driver missions create “earth technologies” that we have not even thought of.
So, do not dismiss Government as the problem…it only governments that can organize (in the right way) to fulfill the American Economic system was is hope of mankind.
Ron Paul…should dump Austrian Economics…AND READ ABOUT AMERICAN ECONOMICS of Alexander Hamilton. That is what Washington,
Madison, JQ Adams, Lincoln, Garfield, McKinley, FDR, and JFK….AMERICAN PRESIDENT all had in common. They understood the principles of the American system of Credit vs the British Monetary “Empire” (which if allow to continue will lead to the destruction of the world.)
China, India, and Russia and in Asia already get this and are moving in that direction. America is stymied because of Obama.
We need to get rid of Obama and move in the right direction.
Joseph Giallombardo
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I’ve been trying to find a way to contact Ron for quite a while now. Just go to my webpage on Youtube. Warsun99. check out the videos in my Favorites on government.
It explains everything. I recommend changing our present currency to something else immediately. Get some money from Fort Knocks if you can. Then head back down here to Texas and start printing some money up. We have plates. It shouldn’t be a problem.
If not we can use some other countries currency. i recommend Japans. We make a lot of purchases there.
We will have to disband Texas from the United States. There laws are a plot to put all Americans in to slavery. Just like that idea of No other health care other than government controlled HC.
Its all a plot. Tell our allies in congress to disband there states. We need to start up our small business and farms. The roads of our farms were blocked off by Highways.
This was ordered by our city council by way of bribery and payments coming directly from Government officials. Take a Flight around the Texas states. You will see roads to towns closed off.
All complaints to City council have failed. Because they are on a payroll. Our cops and some military personnel here in Texas work directly under the president. committing random searched Putting illegal bugs in our homes,and gathering information for the private military Obama is arranging.
The illegal Immigrants are part of this plan too. Trying to get us grouped together with them. While businesses higher Illegal Aliens they keep the rest of us out of jobs. These aren’t small businesses these are large corporations.
Haven’t you noticed how many buildings are being claimed to be owned by Fanny May and other Homes and offices. They were forced out of business. Not by just paperwork alone.
You need to take control of there ownership. Remove all city councilmen and do a full removal of the police officers with replacement of Texas Rangers or other Law enforcement.
Any police officer who does NOT wish to be filled is a 100% Criminal! I can assure you!. Asking for ID every few seconds. Wanting to know who you are. Moving or trying to block camera activity for a law enforcement officer is PROOF of a threat!
The illegal Immigrants from Mexico MUST GO! Why else would they want to set up a law where the protection of our borders is weak?
They want them to get in.
They must be stopped. We have to build a school every day of the year to accommodate for the total number of Anchor Babies and Illegal Immigrant children and students that come in this country let alone this state.
They are flooding in to our school systems only to be taught how to hate Americans.Our school children are not learning a thing. NOTHING. Ask any of them the history of the Alamo. This is a plot!
For every 10-60 million Illegal immigrant,Anchor Babbie, and preteen pregnant by one. There are that many jobs lost.
You remove 60 million illegal immigrants from Texas that’s 60 million jobs available. For every 30 million Illegal Aliens in schools that’s 30 million schools with chairs for American citizens to sit in and get a education.
Being attached to the rest of the USA is NOT WORKING! Detach our selves from there. But first set up some plains of actions. Have stores only use the new currency. Block off ih35 and put up a inspection road and security booth. inspect the transports there. You will find drugs being shipped through our state.
Get involved with our farmers. We will need food. Make sure All oil shipments and transports are stated by new Texas law. So the US cannot block our transports. Thou we can make our own oil.
Ship the new dollars in banks not affiliated to Bank of America. There is no such thing as a bank buying out healthier banks. That’s a load! Consumer needs will need to be addressed. We need College students in the work place.
We need them to blacken our skies with Industry! We need to be producing. Furniture, Metals, nails, Boots, Flat Screen TVs,Fertilizer, Farm Equipment, Businesses, Restaurants, Military Armaments. Without being part of the USA.We need to manufacture Armor piercing weaponry.
You may say we have a treaty not to make such things. Yet our military is presently USING THEM. You need to be prepared for this. More information is on my favorites. There a few hours long. So try to make time to see all of them. it could take all day.
They will be trying to shut down our Internet soon. Already there setting it up to be the Internet. one internet like North Korea. That happened on new years when we had a sudden power outage but internet went out too. Which was not possible. there 2 separate connections.
Good luck and thanks for your time.
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You’re either trying to make Ron Paul supporters look like fools, Warsun99, or you’re actually that dumb. Either way, you have no place on this website. Take your anti-intellectual thought elsewhere and quit using extreme, unintelligent examples, and spins of Dr. Paul’s ideals to make them seem unintelligent and unfounded.
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I see, from your ’solutions’ and your grammar, that education is clearly not involved.
Might be a good start.
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Ron Paul has the solutions but not enough are listening.Greed is not good when it threatens the very foundations of your society.
The basis of any economy is education,innovation,respect for fellow man,reward for effort,freedom of thought and the light of inspiration for not only better material well being,but having the time for personal introspection instead of the treadmill of pure survival,that services the egos of a corrupt elite.
The time for real change is now and we should not let a good GFC go to waste on a few egocentric nutters that have lost all grasp on reality.
It is all unravelling for them from Copenhagen,climategate,carbon taxes,911 revelations,the China and Russian economic alliance and the power of untainted knowledge from the internet.
The struggle is far from over and we must all maintain our resolve.
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dear dr. ron paul,
please check out the link from malaysia.
http://chedet.co.cc/chedetblog/2010/01/the-currency-crisis-past-and-p.html
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dear Sir,
im a malaysian who love peace and share the same thoughts of yours. please do share some of your thoughts to our ex-prime minister Dr. Mahathir Mohamad,malaysian prime minister from 1981-2003.
Thank you Dr Ron Paul from the people of Malaysia.
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I am very upset that the senate would vote to have Ben Bernanke be confirm as the chair of the federal reserve! 70-30 was the vote! Which means more bailouts! Ron Paul in 2012 for sure!
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ok, here is the deal… the system is broke…we are far beyond busted… it will all collapse…it is on the way down now… it is all over…that is the truth,
We have passed the point of no return…we will default or we will inflate…but we can never repay…there is not enough wealth in the entire world.
All of the major banks we bailed out have a notional derivative leveraged debt that is 20x our current GDP…
that means if you took all that’s 100% the money and all the wealth for 20 years … you can only pay the debt of the major banks… some 420 trillion.
The ROW its some where north of 1.4 Quadrillion …they (we) have surpassed the mathematical limit…it can not be repaid in 1,000 years…of current revenues…we are on a race to the bottom…of the cliff
This system is finished…math and reality …hard subjects and harsh teachers…the old system is finished …the wolf is at the door…its time to plan for a new system period…
time for a new one but this time …
stay on track, stay with our constitution, stay with freedom, choose liberty over greed… be an example to be emulated…not an invader to be castrated.
Choose gold the standard, choose free markets, choose independence, choose smaller gov systems…one last comment it is time to plan now, not after the inevitable collapse.
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That should be “reining in the CIA..” not “reigning in the CIA…” Homonyms that have different meanings.
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“Federal Reserve Sunshine Act” – Senate Bill 604 – AUDIT THE FED!
So the Senate version of Audit the Fed is in committee. If it doesn’t get enough support here, it will never make it to a full senate vote. We HAVE to show our support RIGHT NOW for this bill! Call your Senators and see where they stand. Check the list below to see if a Senator from YOUR state is on the committee!
I called each Washington, DC office for the members of the committee and received the following answers. “Hi, yes, I’m just calling to see if the Senator supports bill 604, the Federal Reserve Sunshine Act. It’s in the banking committee right now, and I wanted to see if he’d vote for or against in committee.” – that’s generally what I asked each secretary.
Democrats on committee:
Chris Dodd (CT) – accepting comments
Tim Johnson (SD) – accepting comments
Daniel Akaka (HI) – accepting comments
Jack reed (RI) – **”Not a co-sponsor”** (no)
Charles Schumer (NY) – accepting comments
Evan Bayh (IN) – **Called numerous times, no answer.**
Robert Menendez (NJ) – accepting comments
Sherrod Brown (OH) – accepting comments
Jon Tester (MT) – **NO!** (the lady who answered the phone tripped over her words for 5 minutes trying to explain why he doesn’t support it, saying it can “increase interest rates if audited” – clueless to what would actually happen if it were audited)
Herb Kohl (WI) – accepting comments
Mark Warner (VA) – accepting comments
Jeff Merkley (OR) – accepting comments
Michael Bennet (CO) – accepting comments
Republicans on committee:
Richard Shelby (AL) – No statement (hung up while I said “just pass along my support”)
Robert Bennett (UT) – CO-SPONSOR!
Jim Bunning (KY) – YES! (Woohoo my Senator!)
Mike Crapo (ID) – CO-SPONSOR!
Bob Corker (TN) – Accepting comments
Jim DeMint (SC) – CO-SPONSOR!
David Vitter (LA) – CO-SPONSOR!
Mike Johanns (NE) – No statement, accepted comment
Kay Bailey Hutchison (TX) – CO-SPONSOR!
Judd Gregg (NH) – **NO!**
Here you can find a link to each committee member’s Senate page with contact information. CONTACT, CONTACT, CONTACT!!!!!! Let them know THEY LOSE YOUR VOTE if they vote NAY! Show your support for the “Federal Reserve Sunshine Act” today! http://banking.senate.gov/public/index.cfm?FuseAction=CommitteeInformation.Membership
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The International Monetary Fund considers a nation-state with a total debt-to-GDP ratio of 200 percent or more to be a “de-constructed Third World nation-state.”
What is the debt-to-GDP ratio of the U.S.A.?
http://www.chrismartenson.com/blog/whats-total-debt-gdp-ration-us/11673
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The fed has vast power, and, through experience, our nation should already know this. I draw the basis for my conclusion from “The Money Masters” dvd.
Mr. Paul’s views are genuine and straightforward apart from most of the individuals who work in his field.
The United States, along with its infrastructure, has many issues that are unresolved. They need to be.
Money is a commodity. Once a commodity is controlled it is worth anything… to those who need, or more perversely, greed it.
Achievement through dedication, Reward through hard work, Nirvana through honesty and goodwill, Love through loyalty and sacrifice, and Life through these things.
I believe all this to be true.
How do you trust a man you’ve never met?
How do you trust one you have?
Among other things, there has to be truth in what he says.
I won’t pronounce all of what Ron Paul says is true…
But there’s truth in it. More than I can say for the rest of em.
That’s what I Believe.
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Keynes vs Hayek Rap
“Fear the Boom and Bust”
http://www.youtube.com/watch?v=d0nERTFo-Sk&feature=player_embedded
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Painful to listen to, rap is just awful.
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Hilarious – Rate and pass on: http://www.youtube.com/watch?v=fRcJWlrfZSY
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Rate and pass it on – See Obama’s state of the union speech as interpreted by Hitler for Alex Jones – FUNNY and designed to audit the fed: http://www.youtube.com/watch?v=fRcJWlrfZSY
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That was stupid as hell.
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My biggest question for Ron Paul (and Libertarians in general) is:
I support cutting taxes and shrinking government, but I think our national debt is way too large to cut taxes by so much right away. Wouldn’t it be better to just cut spending for 5-10 years and then cut taxes once we’re all paid off? Even Warren Buffett said it would be foolish to cut taxes now when we have such a large debt to pay off.
Thoughts?
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Cut entitlement spending and eliminate COBRA – people have had it way too easy for far too long.
Get government out of the retirement and healthcare business completely and let free markets guide those important industries.
Lets reduce this debt once and for all and take our country back!
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How are you going to deny the elderly of social security? Thats their money and their program that they contributed to their whole lives. Maybe you should speak for yourself.
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We are all going to have to make sacrifices to ensure the republic is strong.
This government subsidy of retirement and healthcare is distorting the free markets that would be occurring in the absence of the behavior that is created in an enviornment of entitlement spending.
Ask those companies with legacy pension plans how well it worked for them and if they still pay on their defined pension programs.
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Nobody I know of can live off of pension alone. That wont even cover retirement home expenses.. Social Security wouldn’t be a problem if we had inflation under control. It’s hard to invest in anything and have a great return due to the destruction of the dollar.
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Exactly. If they can’t live off of pension alone, then why don’t we get rid of it and let a free society and free markets make that decision?
I don’t want my soon-to-be-inflated retirement savings going to someone else who doesn’t. Nor do I want my grandchildren to be saddled with the debt that my generation is foisting upon them right now.
Get rid of medicare, social security, and bring our troops home – 70% of government spending gone and we are in the black in roughly 10 years.
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Pension funds aren’t government ran. Thats wall street buddy..
We need to stop living beyond our means and become energy independent so we can indirectly stop inflating our currency.
We should bring our troops home.. Thats not going to save us a great deal of money though. We just need to stop printing money, but many would argue that we need to save money before we shut down the whole economy. We need to live within our means as a whole civilization, just the government.. If theirs less money spent overseas than it can be used here and the government would not have to borrow money, or print it.
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So if pension programs run by free market companies went bankrupt… How should we be expecting a pension program funded by the government to end?
Or are we assuming that our government has the capability of operating a ponzi scheme more effectively and for a longer timeframe than free markets can?
We need to get back to what we were like before this nanny-state came about. Repeal entitlements and let people have and invest their own hard-earned money.
“Insanity: doing the same thing over and over again and expecting different results.”
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Any program can overextend itself. You don’t get rid of the whole car industry because GM went under.
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“but many would argue that we need to save money before we shut down the whole economy.”
First off, I am referring to the ponzi scheme that is our entitlement spending. Shutting off government does not shut off free markets or prevent people from saving. Government hinders free markets. Imagine what the world would be like without government – free markets unbridled to improve everyone’s life and people with the money to be able to afford it.
Secondly, I don’t care what the ‘many’ think – whoever you think are this ‘many’. Balance our budget, make government small and let free markets work out everything else. The more government the worse off we are. I agree with Dr. Paul on that.
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“We need to live within our means as a whole civilization, not* just the government.”
I do. Why should I ever pay for someone that does not? That is ludicrous. If there were no government, the people that live beyond their means would lose their assets which would be redistributed efficiently to people who can improve the economy.
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But the thing about entitlement is that the people are entitled to them. Because they have been putting their money into it for their whole lives. It is only fair that they get something out of it.. Not only are you suggesting we screw over the elderly, you are also trying to make wall street more powerful than it already is.
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“Any program can overextend itself. You don’t get rid of the whole car industry because GM went under.”
What does that mean? That is akin to saying ‘You don’t blow up the housing industry if Beazer Homes goes under.’ Of course you don’t – Ford, Toyota, Volkswagon, Kia, Nissan – there are plenty of other, better car manufacturers you can vote for with your hard-earned money.
And no, you don’t get rid of the car industry because GM goes under – but you do let them and their suppliers fail and allow those assets to be redistributed to people/companies that can make them profitable.
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“Not only are you suggesting we screw over the elderly”
No, I am empowering ourselves that we go back to ensuring our own retirement – in my case one that would be far better than the pittance I will receive compared to what I have put in.
As anything the government touches goes bankrupt I want us as a society to get back to supporting ourselves and not depending on our nanny state.
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If you were to shut down social security this very second, you would be screwing over the elderly. They would all lose their source of income and could not survive on their own. Do you expect them to go back to work or what?
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“a right to benefits specified especially by law or contract”
Exactly what I don’t want – my hard-earned money to ensure your benefits.
Or put another way – your benefits to be ensured by my grandchildren.
No and no on both. I want the government out of the retirement business and let people and free markets do what they do best – work hard and save.
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I don’t know how much money you have put into social security, but I sure would like a return on my money. I would like to be able to keep it over the years and save it for myself, but I’m not going to take a loss on my previous earnings.
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When I say that people need to live within their means.. I don’t mean people as individuals, I mean people as a country. How many items do you buy from foreign countries? At the least, all of the gas you purchase comes from somewhere else. If you were to watch the paper trail, you would understand why our country is broke and prints excessive amounts of money.
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Forest: Unfortunately, for most of our senior citizens, you are right Forest. We are all going to have to make sacrifices- young and old alike!
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Alas Sean, therein lies the problem, it is NOT their money.
If you read your social security statement, you’ll realise that the social security YOU pay NOW, goes towards CURRENT social security payments.
The government has already squandered whatever social security taxes were taken from the previous generation.
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Do you know the definition of entitlement?
a right to benefits specified especially by law or contract
When I give the government so much money out of my paycheck every week. I am entitled by law to receive that money later on in life. It would be against the law for the government to deny me my benefits, as it would be for the elderly.
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exactly… ‘a right to benefits specified especially by law or contract’.
well i didn’t enter into a contract, I was MANDATED into it by government (via the IRS).
So it falls on law.
Congress and the administration (current and past ones) signed into law the entitlements.
I’m not saying do away with social security, but don’t fool yourself if you think printing paper money solves the issue either. EVERYONE suffers then, not just the elderly.
In fact the elderly too will suffer when the Feds money printing results in double digit inflation, and their entitlement is fixed.
Again this is what Ron Paul has been saying for so long, inflating the money supply is a tax EVERYONE pays. Government says lets sign an entitlement into law so everyone who’s gets the entitlement will vote for us.
Eventually every social security recipient is going to get $1 million a year from the government, but a loaf of bread is going to cost $300,000.
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the government doesn’t print the money for social security. social security is used from our incomes. inflation is what makes the program insolvent because we in return get less valuable dollars.. Inflation is not the effect of social security, but rather a lack of capital. If we had money saved than they wouldn’t print the money.. We can’t save money purchasing 500 billion dollars worth of oil a year. The cause of inflation originates from unbalanced trade and the effect hurts entitlement benefits and much more.
I agree.. people should have the choice whether or not to have social security of any sort but you can’t just make a transition away from it without it either destroying generations worth of savings, or doubling the cost to pay for promised money.
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Can you explain with confidence where are the taxes going? as of recent past.
The other point I see troublesome is that of the stock market, maybe simplification and clarity will be the only regulation that will work in terms of real production and real value to count on.
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“If the financial bubble came from excess credit created by the Federal Reserve, doubling the money supply can hardly be a solution.” – Ron Paul
Yeah, right, moRon. The depression this country is in is due to a “financial bubble” and has nothing to do with a lack of jobs. Although if moRon acknowledged that shipping all our jobs overseas caused housing prices to crash, well then his approach of cutting tariffs even further so we can ship even more jobs overseas to his good buddies the Communist Chinese would seem as stupid as it actually is, wouldn’t it? Way to go, moRon. Keep selling out your country, you traitorous bastard.
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Dfens
Do you have anything positive to contribute, or are you all about INSULTS and PERSONAL ATTACKS?
Try and make an Intelligent Contribution and cut the @#$%$#!
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BizzaroWorld must have lost it’s Sanitation Engineer.
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I have watched Dfens attitude change over the last few months.He has changed radically in attitude toward Ron Paul and now has a whole new agenda based on personal greed.
How could Ron Paul be a traitor by virtue of upholding the constitution? While I don’t agree with all the RP philosophy,we cannot dispute his dedication to freedom of the human spirit for self determination,whether it be socialist or individualists.
Presently we have a melding of capitalism and socialism.The corporates will happily embrace socialism since they can tax the serfs for emiting carbon from every orifice and their means of transport.
The two party system is all a game in which the voter is the fool who thinks that they really care.
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Agenda based on personal greed? How is dfens being greedy? The government is a necessary evil to replace the corruption that comes from “personal greed.” Dfens is asking for the government to step up and protect our country from greedy corporations that exploit the world as slaves in great magnitudes, just so we can get a cheeseburger for a buck.. We preserve justice in our own homeland but ignore and harm justice in other countries whether it be war or slavery. They are both a form of Tyranny to say the least.
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Incorrect. That is the free markets working efficiently. Why would you pay $15 for a cheeseburger when you can buy the EXACT SAME cheeseburger right next door to it for $1?
From a pragmatic perspective, that makes zero sense to pay more when you can pay less. To pay more would be a misallocation of capital – which is what ultimately will bring down this once-great country.
Free markets and free trade are irrefutable.
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Pay less at the expense of what? To give away all of our money overseas is a misallocation of capital that will ultimately bring down this once-great country. I don’t think you are being pragmatic in the least bit. You think of short change and totally overlook the true cost.
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There can be competition for goods created here in america and the prices would be set according to market values. No cheeseburger would cost 25 dollars.. You may pay 2 dollars for a cheeseburger, but you would be saving hundreds of dollars from the indirect costs of inflation that it would take to purchase that 1 dollar cheeseburger.
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Sounds like price-fixing to me.
Let markets determine what their real price should be – noone is smarter than free markets.
If there are implicit costs, let the free market determine that. If you don’t want to buy it, vote with your wallet and go shop somewhere else.
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You don’t understand.. The reason why we print so much money is to pay for goods overseas. People say that we can’t print enough money to pay for all our imports.. So you are for inflation?
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Not only has free trade paved the pathway to reckless spending, large deficits, and slavery, it has also almost made the situation we are in irreversible. How can you support such a crooked philosophy on quick gains rather long term prosperity?..
You do know that we imported around 9 trillion dollars more than we have exported over the past 25 years. Where do you think that money came from? Wherever it came from, it’s long gone in the hands of other countries and is still considered our debt.
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Unfortunately we cant put all the little critters back in Pandora’s cute little box.
There are too many HUGE corporations that can keep the small and ill-equiped from providing the “free market” you tout. What we’re left with is monoply…….History is well documented with examples of how the people get screwed by the greedy business man…….I guess we can all go back to carrying guns and having good ole shoot outs to stop “the man” from raping us.
Bottomline……nothing short of a total world war will re-align the economies of the world. Just my two cents…….we are SCREWED.
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Sean, you mention free trade?
I’m not sure, I haven’t seen much free trade yet.
Everything has a government subsidy, tax break, incentive or something else, that makes it anything BUT ‘free’.
Do you know why the corn, dairy and meat industries are so interrelated? A cow biologically is designed to eat grass, not corn.
But government subsidises corn prices, resulting in farmers producing as much corn as possible. What do they do with all this excess corn? feed it to cows. turn it into corn syrup, and 50 different chemicals that become food
additives, flavourants, colourants etc.
Why is sugar cane so much more expensive than corn syrup? Florida has perfect weather to produce huge amounts or cane sugar.
Again the answer is subsidies. Corn is subsidised. Government guarantees cane sugar prices.
Free trade?
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The government may subsidize exports but not imports. For this argument to hold substance, it would have to be directed towards imports. That’s what we have to worry about. “It’s bad business.” – Ross Perot
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The last time I checked, tariffs are not only constitutional, they are the primary means the founding fathers put in the constitution for the federal government to raise funds.
“The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States”
It was not until Feb 13, 1913 that the 16th amendment was passed allowing the federal government to collect taxes directly from state citizens.
“The Congress shall have power to lay and collect taxes on incomes, from whatever source derived, without apportionment among the several States, and without regard to any census or enumeration.”
Which was previously forbidden by the Constitution:
“No capitation, or other direct, Tax shall be laid, unless in Proportion to the Census or Enumeration herein before directed to be taken.”
And even then, our nation’s growth as an industrial power was based on high tariffs which continued until the first Bush administration. Fortunately his administration was cut short, partially due to the efforts of H. Ross Perot who ran as an independent on the platform of increasing tariffs back to previous levels. Unfortunately the winner of that election was every bit as much a traitor as Bush or Ron Paul, and Clinton continued the erosion of our tariff industrial protections.
Ron Paul continues to lie about the US Constitution. He lies about the history and effect of tariffs. He offers scapegoats instead of real solutions to the financial crisis facing this country. What do we need? JOBS. When do we need them? NOW! What are Ron Paul’s “free trade” policies doing to our nation? They are plunging us into debt and unemployment while China’s protectionist policies have got their economy growing in double digits as a double dip depression looms in our future. You support Ron Paul, I’ll support the United States of America.
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So by your logic if one dose not favor tariffs but is infavor of upholding the Bill of Rights they are anti-american? You base your conslusion of weather or not one is anti-american on the tariffs issue as opposed to freedom and property rights?
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It’s funny because the people of our great country used to demand tariffs. The British would come in with their cheap goods produced by slaves elsewhere and would dominate the markets. The only difference is that now people are ignorant and protected by an illusion of free will that comes from free trade. People are blind to the true costs of unfair and unbalanced trade. Maybe you think it is okay to run up a yearly trillion dollar trade deficit on our national credit card… The larger the credit, the larger the debt.
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but, this is exactly the reason Ron Paul requires a STABLE STRONG currency, that’s ASSET backed, and not a piece of paper.
At the moment all governments are in a race to the bottom. The dollar has tanked, but so have all other fiat currencies. The only way China can stop inflation and prices rising is to a. peg the yuan to the USD and b. keep that exchange rate artificially low.
Economics of supply and demand would require the Chinese yuan to increase in value vs the US $ since we import so much more from them. The Chinese government buys US treasuries to stop this appreciation of their currency.
Having an asset backed currency would prevent the Fed from devaluing the USD any further. China would still peg the USD to the yuan, but they would run into the problem that the USD would be asset backed. They would either have to follow suit or drop the peg.
Also Dfens, when you say Ron Paul lies and continues to lie about the constitution, please cite references to his speeches and then to the constitution, unsubstantiated heresay doesn’t make for an argument.
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that has nothing to do with trade.
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Dfens, thank you for your CIVIL response, it is much appreciated!
You are correct>>> In the early years, the ONLY simple method of taxation was on imports to the colonies. The sea ports were essentially choke points that afforded the young fledgling government a simple common point to collect those Taxes, Duties, Imports/Excises collection to pay for the “common Defense and general Welfare of the United States” In those days the colonies had little if any bureaucracy in place to collect any taxes.
Yes the “16th amendment” was initiated to boost the tax coffers, but the tax was only supposed to be on the top 5% earners and only 1% maximum tax. President Wilson sure let the camel’s nose under the tent.
I find it interesting that if a tax is to be levied it was to be done “in Proportion to the Census or Enumeration herein before directed to be taken.” The implied meaning that EVERYONE should be equally burdened by the tax, as compared to the “PROGRESSIVE” taxation ala the Socialist utopian dream.
The USA became the leader of the Industrial Revolution and tariffs were superfluous since we exported 10 fold what we imported by the early 20th Century.
However in the 19th Century the Nullification Crisis the North and South were in conflict seeking industry selective tariffs as political favoritism to protect cotton, tobacco, sugar cane for the South and iron, boat wrights and small manufacturing for the North.
For most of history Tariffs have always been highly targeted to benefit a politically favored industry and not necessarily the people in general or the “Commonwealth” implying EVERYONE not the select few.
I personally believe that Tariffs are simply political payoffs for election party favors. Every administration since Adam’s presidency engaged in protectionism to favor their supporting constituents. I acknowledge your point, but I don’t agree that all of those past presidents are “traitors” of the American working class, but are more accurately Crony Entitlements.
As for “Ron Paul continues to lie about the US Constitution”, I wouldn’t call him a liar but more accurately he’s certainly OVER SIMPLIFY to educate his economically challenged congressional colleagues.
I’ve been following Ron Paul since the early 80’s and he’s been very vocal advocate of Free Markets more than free trade. More importantly, he has been a stalwart advocate of SOUND MONEY, compared to the policies of the Fed Reserve to monetize the government’s profligate spending
REAL SOLUTIONS for Jobs… how about TAX FREE enterprise zones that entices businesses of ALL types to build, invest and hire workers. A zone where even payroll taxes are exempted but workers are required to put 10% of their income into a Health Savings Account in their names and that’s all they are taxed, forget the 14.7% SS withholding tax, there is no SS. Such a Tax Free Enterprise Zone might be named, let me think . . . . DETROIT! Heck, you and I could start a business there and beat all foreign competition and still make a profit, but I want to be paid in a hard commodity like gold or silver but you can take those old fashion Federal Reserve Notes if you please. I’ll support that America.
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A “free market” exists in our trade with Communist Red China? I was born at night, but not last night.
A truly soverign nation looks after its own interests. These interests include: not having slave or child labor, having a clean and safe environment, having a viable middle class, having the capability to produce weapons. Communist Red China is driving our nation into third world status. They have slave and child labor. They are polluting their land and air to the point it is toxic. They have no viable middle class. They have a rich, priveleged class and the rest range from poor to desperately poor. Is this a level playing field where “free trade” can exist?
If you look at our ability to make weapons, how can we do this if we no longer produce our own steel, bearings, integrated circuits, optics, aluminum, machine tools, or factories?
Ron Paul himself is nothing but one more circus to keep your attention while countries like Communist China rob us blind.
Ron Paul would help them rob us blind. He would have us take their paper loans and repay them with $9 billion in gold. Is that your definition of a patriot?
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When you are done with your hissy fit could you post anything to backup your bullshit?
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Afternoon Dfens
I AGREE, the ChiComs are bad news and their Human Rights abuses are legendary, their Environmental pollution is horrendous as proven by the last Olympic when they had to shut down their industry for three weeks during the games just to make the air marginally breathable.
My previous response defined a brief history of US Tariffs which were mostly focused on political favors to benefit target industries in the US.
In the case of WalMart and others doing business with the ChiComs, I could be persuaded to lobby for tariffs that target China made imports that would be specific to the areas of abuse, like metal dumping, prison inmate and child labor made products. Making the importers Certify their Sources are Free of Dirty Resources and if not creating 100% TAX or more on these items that utilized abusive and environmentally exploitative resources. Those collected taxes should be directly transferred to vendors of the same products that use green friendly resources.
NO, Ron Paul would not help the ChiComs rob us blind! Maybe we should just default on those $800 Billion in T-Bills the ChiComs own as a Get Evan scenario?
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Still having trouble distinguishing government-controlled NWO globalist so-called free trade and free individuals able to purchase when and where the want?
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that’s called fair trade.
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I think I am your newest fan. I was beginning to feel that only total destruction of the existing system could undo the mess they’ve made of it, but maybe if I support you, you’ll make a difference. Thanks for the effort! keep up the good work!
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ALL,
I am moved to tears listing to Dr Paul, of course he’s right and history is repeating itself here in America. History is full of other great cultures that have fallen in similar fashion.
Is there a political will to change? I doubt it, PREPARE YOURSELVES. I predict American will become a minor and insignificant member of the New World Order and I just can’t help but think it’s a deliberate political agenda?
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Wow! Your on the fringe of reality. Not the leading edge. What about removing personhood from corporation?
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http://www.nakedcapitalism.com/2010/01/further-discussion-of-maiden-lane-iii-analysis-and-implications.html Fed secrecy need debunking.
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Hey Ron,
Ask whoever works on your blog to look into the way your title tags are.
Right now it’s doing you no good having such a weak title as your url. (Search Google for Ron Paul and look at your sites title – it’s bad.)
Think of changing it from, “ron paul .com” to something like, “Ron Paul – Vote For Real Change”. You get the idea. This way you not only continue to show who you are but also show those who don’t know what you stand for. I’m sure you could come up with a great title.
Also remember that what you put into your title will have a positive SEO [search engine optimization] affect on your site.
Meaning it will make it easier for your site, with a little help, to rank for bigger keywords that will get your fresh, new eyeballs to your site every single day.
I wish you all the best of luck in the future and if you ever want any advice on how to better rank for certain keywords and get more traffic let me know.
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This is not Ron Paul’s blog or web-site. Campaignforliberty.com is.
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You know, he’s right. He’s been right for a long time now. Just waiting for the revolt now, because Congress will never go back to being Constitutionally Correct.
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Nutcase!
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http://www.facebook.com/photo.php?pid=30588395&l=508c5987de&id=1021344775
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It is sad that we are too weak to demand such changes.
We have become so weak that the fall of our country will
be blamed on others and acceptance will become the norm.
Long story short—-we will fail.
The outcome of failure—a new USA with the backbone
of entrepreneurs. Rinse,lather and hopefully do not repeat
our mistakes.
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Wrong. If the USA fails there is not gonna be a “new USA”. Tyranny and Statism rules in the world – be it China, Russia, India, Europe or others. The few(Brazil?) who would maybe resist will be forced to comply by international organizations. There will be no real Bill of Rights in any country. If the USA fails it’s gonna be back to feudalism and mass slavery with a few privileged ones. Just like it was before 1776.
This is why failure of the USA is not an option.
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“Rinse,lather and hopefully do not repeat”
Umm, well that might be your problem right there. Why are you rinsing before you lather and not after?
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Thank you Mr. Paul. I wish you were running the country.
I wonder if anyone here can tell me what Mr. Paul’s views on Mr. LaRouche’s ideas are.
If I were to guess I would say they have a similar aim but a different fundamental approach. But that’s just a guess.
WM
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Dear Mr. Paul,
Thank you so much for the simple truth you tell to the nation!!!
This is most brilliant revealing speech I ever hear from a politician.
Ron Paul for President 2012!!!
Thank you!
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Your plans are very good and clear! Unlike the Dems and Mr. Obama’s plans!
& Dennis Kucinich is right questioning his party’s plans!
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