End the Fed and your standard of living will go down
Submitted by Rod Owers on Sun, 08/02/2009 - 17:10
I've wondered if any of you have yet to realize that. I know for a fact mine will. I build custom cabinets and as of right now I have about fifteen jobs in the pipe line. If it were not for Ft. Polk and all the money that soldiers bring into the economy, the economy here would be dead in the water. The problem is that there is no industry were I live.(I'm sure that's the case most everywhere) Yes, there is the plywood mill here, but they have been laying people off due to the slow down in building.(not here but elsewhere) Just think, without the philosopher's stone all those jobs that will be lost. There will be an extended amount of pain until we can actually begin to produce things again. You also have to wonder what would we produce? Do we even have the infrastructure to produce anything? There are very few jobs that I can think of that would not be affected.
Myself, I would trade every material possession in the world for the opportunity to bring our troops home and to take the power out of an elite few's hands. I am prepared for this to happen.(think Hank Williams Jr. "Country boy can survive") Are you?
For those who believe in the book and these things worry you, I ask you to read Mathew 6: 25,26.
I Would Rather Be Poor & Free, Than a Slave of Tyrants.
Ron Paul's Convention Speech
Ron Paul's Convention Speech
"Freedom brings people together." - Ron Paul
The Fed is obsolete
We can't begin to rebuild our industrial base as long as they subsidise corporations to export our jobs.
Are you sure you're supporting the right man???
It sounds like you don't really understand what Ron Paul and his supporters are all about.
That is just about the strangest thing I've ever seen on the "DailyPaul."
Since they were created in 1914, the FED has ruined our dollar. It is worth 4 cents today compared to the 1930's.
But they have enriched themselves through the century by...
1. Causing economic chaos with interest rates and...
2. Then scaring Congress into appropriating new money which THEY
receive first (BEFORE THE INFALTION DEVALUES IT) and...
3. Then starting the cycle all over again by tinkering with interest rates
which should be MARKET DRIVEN in a free society.
And to squeeze a little more out of the country, they like to start wars and police actions in collusion with other central banks of the world which also helps enrich themselves.
So...I'm afraid your opinion of the FED is terribly misguided.
Read "The Creature From Jeckyl Island" and Murray Rothbard's great little book, "What Has Government Done To Our Money?"
Pawnstorm
We would all feel the pain of collateral damage
if nothing else, we're doing it for our kids. A future involving the Fed looks much bleaker for our grandchildren than one without. The madness has to end sometime. But yes- people will hurt either way.
if it does
we lived above our means.
we couldn't afford all the shit we purchased and now we have to pay the piper.
Astute question
I don't know if anyone can know how bad it would be initially if the Fed were abolished. Our financial system has been so entangled with it for so long that the consequences of simply abolishing it would be unpredictable. Which is part of why it should be phased out, not ended all at once.
No pain , no gain. Use your resourses now to prepare -buy gold,
silver,food stuff and ammo.
"We have to spend money to keep from going bankrupt"
Joseph Biden VP , USA
"You`re the Indians of the 21st Century, and that`s very sad."
Russel Means
This is
the most ridiculous thing I've ever read! There may be an adjustment period, but in the long run your standard of living will shoot through the roof! Haven't you ever heard of "inflation"? Ending the Fed will reduce it dramatically!
ridiculous??
I'm all for ending the fed. But seriously think about it. Without the fed, and the ability to monetize debt, all those projects and jobs will be lost. HELLO! America does not produce anything all we really do is consume. How can we be prosperous if we have nothing to sell? What are all those people dependent on the system going to do? Don't you think for just a second that all those people will now be looking real hard at your job? I doubt soon after the destruction of the fed that there will be many teenagers working at McD's. You'll see those same kids replaced by thirty and forty somethings (that is until an infrastructure is in place for making products that the rest of the world needs) I'm not saying that later on down the road things will get better, but in the short run there will be serious pain. When I say short run, I'm actually thinking more like years. Although we (DPers) may be able to see the light at the end of the tunnel, most will not. I think people will be begging to have what they had back. (in case you were unaware, we live in a material world) And when people are desperate, they will accept anything. During the Bolshevik Revolution the motto was: "peace land and bread." Understand this, I would starve before I gave an ounce of my freedom away. Just be certain that you understand what lies ahead of us.
Chill out!
I think you're overestimating the Fed's positive effects on the economy. Even if you're not, realistically the Fed's not going to end, at least not anytime soon. Do you really believe the members of the Fed, who have been riding the gravy train for a good long time, are just going to shrug their shoulders and give up? It's going to take a drastic paradigm shift in the American populace resulting in a major opposition to end the Fed, and if it comes to that point, we'll also all be ready for creative solutions for economic recovery and change.
Well,
I'm not saying the fed has a positive effect. However, it's the steam engine that propels this system. Most people are dependent upon this system. That is why I think our first step should be to legalize competing currencies.
I agree
that would be a great first step.
Don't End the Fed and you
Don't End the Fed and you will have ZERO! Choose your poison sonny boy.
"The price of Freedom is Eternal Vigilance"- Thomas Jefferson
"It is better to vote for what you want and not get it than it is to vote for what you don't want and get it." --Eugene V. Debs
End the Fed before the value of the dollar drops another 96%!
...
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Regarding Palin: I believe we are watching in real time the rise of the third party, which will be controlled by the powers that be from its' inception.
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Regarding Palin: I believe we are watching in real time the rise of the third party, which will be controlled by the powers that be from its' inception.
Next Scam: "Cash For Cash"
http://www.RonPaul2012.com
End The Fed....
and murder the government.
9/11 was an inside job .....time to get some answers..RP 2012
9/11 was an inside job .....time to get some answers..RP 2012
First they pick your pocket . . .
then they steal your bike. And then, they demand "praise".
Simply sycophants.
And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
I feel so proud of all you DPrs and the spirit
you show in the thread below! I fully agree with all of you; sure there would be a period of readjustment, but that's normal. The blacksmiths had to adjust to new trades when the car came in, etc.
This time it would be most of the populace adjusting, but we already are. The value of our dollars has gone down during the Fed's tenure and will continue to depreciate to utter worthlessness, more banks will fail, more people out of work, etc.
But once people realized they are no longer blocked and held back from growing, producing, selling, bartering, trading, mining, minting, etc. since the Federal government couldn't afford its massive police state without the Fed's massive inflationary power, I think the majority may love the change, the freedom, the lifting of oppression, the unlimited opportunities.
READY, WILLING, AND ABLE TO SURVIVE!!! END THE #@%$%^ FED!!!!!!
robpatozz
www.Libertyis.org ~ what does Liberty mean to you?
www.trueworldhistory.info
www.campaignforliberty.com
www.endthefed.us
robpatozz
www.Libertyis.org ~ what does Liberty mean to you?
www.trueworldhistory.info
www.campaignforliberty.com
www.endthefed.us
SO
What else is new.. Where do you think it is headed now ?
naughty, naught
see to your liberty
Well then we can end the Foundations as well.
There is one case of "wealth re-distribution" that I would love to see and be wholly supportive of....especially after a comprehensive examination of their Minutes and books. Ms. Guillotine would rise again...
Down with the Fed and it's owners hiding in The Rockefeller, Ford, Carnegie and Guggenheim Foundations.
**“The man who does not read good books has no advantage over the man who cannot read them.” ~ Mark Twain **
"...there is no doubt that it (socialism) could not possibly have affected us so widely and so deeply as it has, had it not been heavily financed". - B. Carroll Reece
Foundations were the brain
Foundations were the brain child of John D. "daddy" Rockefeller. So you know they are no good no matter what public charity given face they put on them. I agree they should go as well.
I am a simple woman.....
Poor and FREE...works for me!
"I prefer peace. But if trouble must come, let it come in my time, so that my children can live in peace".
Thomas Paine
"I prefer peace. But if trouble must come, let it come in my time, so that my children can live in peace".
Thomas Paine
Please just give me that chance!!
I would love to find out.
the standard of living was
the standard of living was better in the 50's then it is today.. the dollar bought more. The man of the house would work one job, the woman of the house stayed home and took care of the children. You did not need 2 incomes just to survive.. who says our standard of living is better now then just 3 decades ago? Do you judge your standard of living by how much easier it is because we have computers and other gadgets and can do things much faster? SCREW the fed.. when the fed is gone , things will be much better.
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
Totally agree, as one whom was raised during the 50's.
This socialism blame game tyranny sucks. I don't understand it, having been raised free grazing!
And never forget, “Humans, despite our artistic pretensions, our sophistication and many accomplishments, owe the fact of our existence to a six-inch layer of topsoil and the fact that it rains.”
Not if Fed Assets were seized, as well.
Take it all, every bit from those filthy bloodsuckers. Too many are like that Congressman who want FUTURE presidents to provide birth certificates.
No, simply ending the Fed is not enough. Justice dictates that these people are utterly ruined, their assets confiscated, and they should spend the rest of their miserable lives at hard labor. While the punishment couldn't possibly fit the crime (the deaths of hundreds of millions, if not billions), the moneychargers should still be whispering about it at least 5,000 years from now. If this does happen, they should consider themselves lucky, as the Bible refers to the "outer darkness" (a black hole?) as the ultimate repository for these monsters.
BTW, unless we end the Fed, they will end us, and your "standard of living" can't get any lower than that.
Your saying all the towns and cities are dependent on the FED
in order to trade. Look up towns/cities using scrip. What makes you think that ending the FED will hurt business there? The military isn't going anywhere. The Congress had more than enough money for a huge military through tariffs and fees. We've got to get out of the mindset that we have to be taken care of by the FED, govt, anyone except ourselves. Getting together with the businesses in your town and cementing a way to trade without worrying about the value of a fake FED dollar. This country did great without the FED. When the FED was (non enacted) so was the IRS there went 30%-55% of your income, The FBI and the ADL
It has devalued the dollar by 95% since 1913...Start talking to community leaders and devise a plan.
your
income tax would be gone.
Hey
What makes you think I pay income tax? I've yet to receive income. I only exchange dollars for something was already mine.
My standard of living
will not go down if the Fed ends.
sorry
wrong. It would be a period of adjustment but we would all live better as a result. Money would have value again and prices would remain stable.
I don't agree
The drug war would end if that were true.
The war on drugs
Keeps Federal employees employed.That's all.
what does the fed have to do
what does the fed have to do with the drug war?
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences. Proverbs 22:3
Matthew 10:34 Think not that I am come to
send peace on earth: I came not to send peace,
but a sword.
With fiat money the government can buy/fund anything it wants
without the Fed/Fiat the government would have to send every taxpayer the BILL for The War on Terror, The War on Drugs, The War on poverty, etc. Under those circumstances, I think we would begin to have some PEACE instead.
Well,
that is exactly what I HOPE will happen.
I would be happy with a
I would be happy with a lower standard of living. I personally think we are living way beyond our means not just from a political/economic point but all around.
It would probably get rid of some of the indoctrination and transform our societies into people like most of us here :)
"generally the Constitution is a charter of negative liberties"
~ Barack Obama 2001
www.cuttingthroughthematrix.com
To achieve world government, it is necessary to remove from the minds of men, their individualism, loyalty to family traditions, national patriotism and religious dogmas. - G. Brock Chisholm, former director of UN World Health Organization
I agree
I think of all the "things" that I have accumulated over time and guess what? It's just stuff. Doesn't change who I am or really make my life any better, easier maybe, but not better.
Soldiers bring guns, not money
Soldiers do not bring money into the economy. They take real value out of the economy. They break a lot of windows. Google for "broken window fallacy."
How about officers?
I'm sure there's some officers there. Wasn't a military base I lived on that did not support the community, the schools, the infrastructure. Many Admirals and Generals and what have you have civilian jobs as CEOs of corporations.
Gee, without the Navy, what would San Diego be?
You know, it wasn't until the book, "Military Brats" came out that I realized I was part of an experiement.. 18 million of us, and while we lived and grew up on bases (armed fortresses with guns everywhere) I do know that "life" was off the base and that's where the money went.
Transfer of wealth
What would all those people be doing if they were not employed by the government? People would still build schools and infrastructure without the government getting in the middle of it. Every dollar that the government puts into the economy it must first take out of the economy, either through taxation, borrowing, or inflation. Besides, money is not wealth. The government is very inefficient. It pays a lot of people to sit and shuffle paper around or to parade about in costumes carrying expensive weapons. Those people eat real food, live in actual houses that honest workers build, and send their kids to those public schools. Yet they contribute nothing real to the economy. The government wastes enormous amounts of resources. It spends money unwisely, either as payback to constituents and contributors or in furtherance of a political philosophy.
Painting something olive drab does not increase its value; It only wastes paint.
Ford an example in a nutshell
Ford, Chrylser, and GM all considered a government bail out. Only Ford did not take the bait. There company "standard of living" went down because of not being subsidized by the government. They had to close a few things down, sale assets off, and their employees needed to renegotiate new contracts that I assume were less lucrative for the workers to stay afloat.
But now look at Ford, no bankrupcty unlike GM, no foreign company takeover like Chrylser, and posting a profit with increase marketshare. The medicine will be painful. But where one sector of the economy may decrease, someone else will come in and fill that hole where there is real need, not an artifcial need created by credit.
Exactly correct. And if
Exactly correct. And if Goldman, AIG, etc.,were not given bailouts and were allowed to sink or swim our country would be a little less in debt today.
I don't know whose bright idea it was that there are companies who are too big to fail. But the way I see, if big companies can't make a profit, they deserve to fail, just like any other company. The dead wood needs to be pushed aside to made room for new ideas, new companies who will make a profit. Instead of draining America's coffers dry with endless bailouts.
Reagan said. "Government is not the solution to our problems, government is the PROBLEM."
If government would get out of the way, the free market would work as it was meant to. And that goes for the pseudo government agency...the Fed. as well.. just get out of the way. Because you are part of the PROBLEM. And have been for almost a hundred years.
The bailouts were nothing more than a....
complex money laundering scheme to fleece the American people....
"I prefer peace. But if trouble must come, let it come in my time, so that my children can live in peace".
Thomas Paine
"I prefer peace. But if trouble must come, let it come in my time, so that my children can live in peace".
Thomas Paine
my standard of living
has been declining for the past few years as it is.
i never had any fantasies of being rich.
i strive to be honest. it is because of this i will support the return of honest money vs. my own comfort.
"The two weakest arguments for any issue on the House floor are moral and constitutional"
Ron Paul
Well, live poor and free...
or blind and slave. In all our actions we must trust the Lord for our health, safety and livelihood. But, what animal of the field does not, according to this trust, prepare for hibernation, or set stores against the elements? If we are to have this trust we must also prepare ourselves according to these natural actions. If we decrease our standard of living by asserting our right of Liberty, are we not trusting further in the Lord for our well being and protecting the gifts he has placed inalienable in each of us? Or is that to be considered tempting the Lord?
Assert Your Authority
Assert Your Authority
That's only temporary
the drop-off in the standard of living would be temporary and would only last a couple of years. However, once that happens, there's no way the government would be able to finance themselves so they would have to cut back. that means the people who used to be dependent on government will then have to go find productive jobs in the private sector. when that happens, they'll be producing all of our consumer goods instead of printing dollars and spending them on exports. The fall in standard of living is only temporary as the adjustment from public to private employment takes time to work its way through but ten years from now, if that happens, our standard of living would come all the way back and be higher than it was at the height of the boom in 1999
Yes,
but that couple year period is enough to get most people to crawl back to their servants once more.
Exactly.
On the flipside, do not end the Fed and I guarantee you that your standard of living will really REALLY suck for at least the next decade.... if not longer.