For Greenspan: Gold Once Glittered & Still Does for Ron Paul

At the Republican Liberty Caucus of Florida www.rlcfl.org we promote the return to the elimination of debt, balanced budgets and sound money backed by gold or silver as required by the U.S. Constitution. We also advocate the return of the monetary policy to be controlled solely by the U.S. Treasury and answerable to the U.S. Congress. Whereby, the monetary system in America would return to a period of stability and end the inflationary practices of the Federal Reserve Bank. Today, the federal government burdens us with one of the most dangerous taxes it can impose - the inflation tax. When the federal government finds that it cannot afford its out-of-control spending, and is unwilling to directly tax the public, it resorts simply to creating the money out of thin air.
The Federal Reserve, our central bank, fosters runaway debt by increasing the money supply - making each dollar in your pocket worth less. The Fed is a private bank run by unelected officials who are not required to be open or accountable to “we the people.”
Worse, our economy and our very independence as a nation is increasingly in the hands of foreign governments such as China and Saudi Arabia, because their central banks also finance our runaway spending. We cannot continue to allow private banks, wasteful agencies, lobbyists, corporations on welfare, and governments collecting foreign aid to dictate the size of our ballooning budget. We need a new method to prioritize our spending. It’s called the Constitution of the United States.
Inflating the money supply is the easiest form of financing the government. The Federal Reserve, an unelected and unaccountable private organization, pumps more dollars into the economy whenever it chooses. Because the public is forced to accept these bills, the Fed essentially gets away with legally counterfeiting. We cannot possibly expect the government to control spending when it has a blank checkbook.
This greatly benefits the politicians and special interests — they are able to finance the massive welfare-warfare state. Basic economics tells us that the more there is of a good, the less valuable it becomes. This is also true of money. The dollar is worth four cents of what it was when the Federal Reserve was created in 1913. Day by day, every dollar you have is being devalued. You pay an inflation tax without even realizing it because you are forced by a falling dollar to pay more for goods and services.
The disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation, are some of the greatest threats facing our nation today. It is this one-two punch - Congress spending more than it can tax or borrow, and the Treasury printing money to make up the difference - that threatens to impoverish us by further destroying the value of our dollars.

"...cherish public credit. One method of preserving it is to use it as sparingly as possible...avoiding likewise the accumulation of debt....it is essential that you...bear in mind, that towards the payments of debts there must be Revenue, that to have Revenue there must be taxes; that no taxes can be devised, which are not...inconvenient and unpleasant..."
-President George Washington
Farewell Address

“Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside of the control of Congress and manipulates the credit of the United States.” –Barry Goldwater

“Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.” -President Ronald Reagan
"If the American people ever allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the people of all their property until their children will wake up homeless on the continent their fathers conquered." -Thomas Jefferson
“Any great nation that goes off the gold standard ends being a great nation.”
-President Ronald Reagan

“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.” –Alan Greenspan

“Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists' antagonism toward the gold standard.”
–Alan Greenspan