He said it all in proper time for soundbites. Hooray for you Ron. You represent all of we slaves. You are the second Great Emancipator--Frederick Douglass being the First.
Reminds me of some of the soundbites in that killer Ron Paul House of Cards video during 2007.
Very interesting. Not showing his hand, yet..
but it will likely end the federal government with the result being the formation of several new nations.
If there is an attempt to use force to hold together the nation as it presently exist, the result will be civil war.
You can't have the sort of devastation of lives that collapse will bring and expect the power structure to remain. Our current problems are not just a tyrannical government, responsive only to special interest coupled with a fraudulent, unconstitutional, unstable, unsustainable, predatory monetary system, but the end of the industrial age for want of sufficient energy to fuel it.
As long as the long term economic trend was upward, fueled by energy, government could get away with all sorts of scams like Social Security, Medicare, Welfare, fiat, and centralized command of the economy. Nobody was about to revolt as long as enough of the expanding economic pie was directed to the masses, even though those in power took the lions share for themselves and special interests. But now as we enter long term economic contraction, especially since those in power are placing a disproportionate share of the contraction on the shoulders of the majority, the pain and suffering will become intolerable, and people will no longer be willing to go along to get along; violence will erupt just as we are seeing already in foreign countries where the suffering has passed the threshold of acceptability.
As we progress to third world status with the corresponding level of poverty for the masses, all those guns in the hands of the public will be put to the use intended by the 2nd amendment.
"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.
New nations not totally necessary, States can simply pick up the responsibilities of the Federal government or pass them on to local governments. A return to the Articles of Confederation, the first constitution of the United States, may be a good first step.
The opponents of the Constitution were most worried over the fact that Republics only work when they are small. They felt small was the States as the premium governing bodies because they were small, closest to the people and they also saw the confederation of States as the way to go with Central Government as only needed money for its necessary functions of War and Commerce among the nations.. That's why they were so antagonistic to an all powerful central government. They had read about the Greek City State Republics and were aware of the danger of a a large centralized republic.
From what I understand Ron Paul to say, what we need to do is invest in a competing currency. Some will go to gold, some will go to silver as for me I will go to "Palladium" the other real money. Now available from the U.S. Treasury.
If only these coins could be purchased directly from the u.S. treasury, personally I am going to call my congressman and insist, cut out the middlemen.
President Ron Paul 2012.
Ron is really in his element when he talks about economic issues! This was one of the clearest explanations of all of the problems and HOW they came about that I have ever heard him give.
GOOD for Kudlow for letting Ron run with the questions!
Thomas Jefferson: “Indeed, I tremble for my country when I reflect that God is just, that His justice cannot sleep forever."
Viva La Revolucion!
Specie Resumption Act
The Specie Resumption Act was a triumph for the "hard money" forces over the "soft money" advocates during the second Grant administration.
The United States government had issued $450 million in greenbacks during the Civil War. These paper notes were not backed by specie (gold or silver) and maintained value only through trust in the government.
After the war the debtor elements, desiring inflation, wanted the greenbacks to remain in circulation and for new notes to be issued. Conservative forces, abhorring inflation, opposed these schemes and wanted all paper currency to be backed by gold.
In January 1875 Congress passed the Resumption Act, which provided:
1. That the U.S. Treasury be prepared to resume the redemption of legal tender notes in specie (gold) as of January 1, 1879
2. That gradual steps be taken to reduce the number of greenbacks in circulation
3. That all "paper coins" (notes with denominations less than one dollar) be removed from circulation and be replaced with silver coins.
Despite opposition from the Greenback Party, specie payments were resumed on the appointed date. The dire predictions of citizens storming the banks to demand gold for the greenbacks never occurred. As 1879 approached, the government prudently increased its specie reserves and the public became convinced that their paper notes were "as good as gold."
13 No servant can serve two masters; for either he shall hate the one, and love the other, or else he shall lean to the one, and despise the other. Ye cannot serve God and riches. - Luke 16
Just hope he is able to educate the masses. If not then if the dollar fails, as part of the committee he will receive the blame whether he should or not. That of course would make it more difficult to win an election. Or perhaps Ron Paul will offer a plan to institute a competing dollar, one backed by gold, silver or even platinum and palladium.
Palladium money by the way is already being produced by the U.S. Treasury. TIme to buy.
I am so happy! Maybe I should pinch myself! Dr. Paul says he'll have 2 Austrians and one Keynesian economics to make their cases!!!! Awesome! This would not have happened not so long ago.
Ron said if the dollar falls, he win run for president.
LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15
has a silver lining.
"Stand up for what you believe in. Even if you stand alone."
~ Sophie Magdalena Scholl
"Let it not be said that we did nothing."
~ Ron Paul
"You must be the change you want to see in the world."
~ Mahatma Gandhi
Ron said if the dollar falls, he win run for president
Isn't this a good thing? Of course then the States would have to step in and individuals would have to maintain local governments.
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