nanook 1
Ron Paul - Listen to this person he could save your life or at least our economy.
By
Frankyspanky, in Speakers Corner
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nanook 1
Now, I'm not sure if you are championing the gold standard, but today we are still the reserve currency and oil along with the IMF and such provides that ability. We more than likely will not be in the future. Possibly the Euro or even the Yuan. Who knows? But Gold is definitely not the fix that Ron Paul has claimed. It's a dead issue that seems to confuse people and makes him look like he's not all there.
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"The trouble with quotes on the internet is that you can never know if they are genuine" - Abraham Lincoln
"The trouble with quotes on the internet is that you can never know if they are genuine" - Abraham Lincoln
Quote
Well, if that's his argument, then he's wrong. Flat out, 100%, wrong.
He is wrong because...?
At least he has the capacity to back up his assertions with dialogue.
If you are going to challenge the stance of somebody that is in congress, then you had better back up your comments with some substance.
Simply stating; “he is wrong” doesn’t exactly carry weight.
Here is his stance on the subjects.
Ron Paul 2012: Abolish FEMA
Ron Paul: Abolish the Income Tax!
Back a hundred years ago, especially around Woodrow Wilson, what happened in this country is we took freedom and we chopped it into pieces.
Ron Paul
Ron Paul
quade 4
QuoteQuote
Well, if that's his argument, then he's wrong. Flat out, 100%, wrong.
He is wrong because...?
Because the 16th Amendment allows for income taxes to be collected. Or didn't you know that?
FEMA is a bit more complicated, but its roots go back to an act of Congress in 1803. It's all part of that "insure domestic Tranquility, provide for the common defence, promote the general Welfare" part of the preamble, but government absolutely has a role in coming to the aid of its people.
quade -
The World's Most Boring Skydiver
The World's Most Boring Skydiver
QuoteBecause the 16th Amendment allows for income taxes to be collected. Or didn't you know that?
That amendment was passed at the very same time the banksters were pushing the Federal reserve act.
Nelson W. Aldrich was front and centre with the implementation of income tax and the federal reserve system, later becoming a family in the Rockefeller cartel and a bankster himself.
I believe America needs to rewind to the first decade of the 1900's, learn a little from hindsight and reverse what is essentially theft.
The Federal Reserve is a private corporation that loans money to the government and people at interest so essentially creating a debt based economy.
The 16th amendment is part of the same puzzle, slotted in at the same time as a part of the same agenda.
You should learn a little about history.
Sixteenth Amendment to the United States Constitution
Nelson W. Aldrich
Federal Reserve Act
QuoteFor nearly eighty years, the U.S. was without a central bank after the charter for the Second Bank of the United States was allowed to expire. After various financial panics, particularly a severe one in 1907, some Americans became persuaded that the country needed some sort of banking and currency reform that would,[1] when threatened by financial panics, provide a ready reserve of liquid assets, and furthermore allow for currency and credit to expand and contract seasonally within the U.S. economy.
Some of this was chronicled in the reports of the National Monetary Commission (1909–1912), which was created by the Aldrich–Vreeland Act in 1908. Included in a report of the Commission, submitted to Congress on January 9, 1912, were recommendations and draft legislation with 59 sections, for proposed changes in U.S. banking and currency laws.[2] The proposed legislation was known as the Aldrich Plan, named after the chairman of the Commission, Republican Senator Nelson W. Aldrich of Rhode Island.
The Plan called for the establishment of a National Reserve Association with 15 regional district branches and 46 geographically dispersed directors primarily from the banking profession. The Reserve Association would make emergency loans to member banks, print money, and act as the fiscal agent for the U.S. government. State and nationally chartered banks would have the option of subscribing to specified stock in their local association branch.[2] It is generally believed that the outline of the Plan had been formulated in a secret meeting on Jekyll Island in November 1910, which Aldrich and other well connected financiers attended.[3]
Haha, I just found a very humerous presentation that puts it simply for you.
What the Fuk, is a central banking system
QuoteFEMA is a bit more complicated, but its roots go back to an act of Congress in 1803. It's all part of that "insure domestic Tranquility, provide for the common defence, promote the general Welfare" part of the preamble, but government absolutely has a role in coming to the aid of its people.
FEMA is not essential for the government to bring aid to its people in times of disaster.
The notion of Fema is ok, but the actual result of their actions is not.
Back a hundred years ago, especially around Woodrow Wilson, what happened in this country is we took freedom and we chopped it into pieces.
Ron Paul
Ron Paul
DanG 1
QuoteGoing with Ford as it more fits the modern context he was an extremely respected and powerful congressman, serving as house minority leader for 8 years and probably lead the strongest republican showing in the house since reconstruction. Once he got elected to the presidency he showed how legislative experience doesn't translate into executive and largely was just a placeholder president between Carter and Reagan.
The rest of your analysis is pretty good, but you might want to bone up on your recent Presidential history.
- Dan G
kallend 2,108
QuoteListen to this person he could save your life or at least our economy.
And if pigs had wings...
...
The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
kallend 2,108
QuoteQuoteQuoteCommon people may have short memories, but not economists, financial experts and money managers. Remember, the Gold Standard collapsed.
And the current gold rush could (probably should) collapse at any minute.
What, exactly, is the intrinsic value of gold anyway? It's only "valuable" because people say it is. Same as paper money. It's a bit more difficult to extract from the ground than paper money is to print, but if the zombie-apocalypse ever came to pass, it would be less valuable than a clean cup of drinking water.
Commercial applications. And it takes huge industries to extract and make it useful efficiently.
Platinum has more commercial applications by far, if you want a precious metal.
...
The only sure way to survive a canopy collision is not to have one.
The only sure way to survive a canopy collision is not to have one.
winsor 236
I have to disagree with the title of this thread - we're screwed, regardless of what we do. The only question is when and how bad.
The fact that we are hanging paper at a truly heroic rate is but symptomatic. The problem is that the US of A is positioned to be a net consumer, any way you cut it.
Come up with a scenario where we use no more petroleum than we produce and have a net balance of trade. I have not heard any politician or pundit who comes even close to such a scenario - to include Ron Paul.
Economically we are in much, much worse shape than was Germany in 1922/23. When we have to pay on the spot for imports, petroleum included, with something other than greenbacks/IOUs, there will be nothing but a big sucking sound where the US economy once was.
Ron Paul is right about a lot of things. The constitutionality of many of the agencies and programs we take for granted is not just questionable, it is nonexistant. We have become inured to governmental excesses just as a frog will sit in a pot being heated on a stove - we tolerate incremental encroachments until there is no going back.
At any rate, Ron Paul says things that are true whether they are popular or not. He does not, however, have the capacity to single-handedly undo the damage we have inflicted upon ourselves in the past half century, but, then again, nobody does.
To some extent I enjoy seeing people I dislike get elected to office if there is nothing they can do but get stuck holding the bag. OTOH, nitwits can do a lot of damage while things are going to hell, making the process just that much more unpleasant, so schadenfreude has its downside.
The bottom line is that Ron Paul is the best choice out there by a long shot (not that there is much of anyone with a clue in the field), but the damage is too severe for survival. The best we can do is to fly as far through the crash as possible.
BSBD,
Winsor
The fact that we are hanging paper at a truly heroic rate is but symptomatic. The problem is that the US of A is positioned to be a net consumer, any way you cut it.
Come up with a scenario where we use no more petroleum than we produce and have a net balance of trade. I have not heard any politician or pundit who comes even close to such a scenario - to include Ron Paul.
Economically we are in much, much worse shape than was Germany in 1922/23. When we have to pay on the spot for imports, petroleum included, with something other than greenbacks/IOUs, there will be nothing but a big sucking sound where the US economy once was.
Ron Paul is right about a lot of things. The constitutionality of many of the agencies and programs we take for granted is not just questionable, it is nonexistant. We have become inured to governmental excesses just as a frog will sit in a pot being heated on a stove - we tolerate incremental encroachments until there is no going back.
At any rate, Ron Paul says things that are true whether they are popular or not. He does not, however, have the capacity to single-handedly undo the damage we have inflicted upon ourselves in the past half century, but, then again, nobody does.
To some extent I enjoy seeing people I dislike get elected to office if there is nothing they can do but get stuck holding the bag. OTOH, nitwits can do a lot of damage while things are going to hell, making the process just that much more unpleasant, so schadenfreude has its downside.
The bottom line is that Ron Paul is the best choice out there by a long shot (not that there is much of anyone with a clue in the field), but the damage is too severe for survival. The best we can do is to fly as far through the crash as possible.
BSBD,
Winsor
Quote
If he gains sizable support but not majority support, he will assure BHO another four years. It will be a similar situation as with Ross Perot in 1996.
Even if every single Perot voter had gone to Dole, he still would have trailed on the popular vote. Dole was the Sarah Palin equivalent - someone had to go through the motions but the party knew it was losing.
Quote
Reform Party nominee Ross Perot won approximately 8% of the popular vote. His vote total was less than half of his performance in 1992. The 1996 national exit poll showed that just as in 1992,[16] Reform Party nominee Ross Perot's supporters drew from Clinton and Dole equally.[17] In polls directed at Perot voters as to who would be a second choice, Clinton consistently held substantial leads.[18]
?? What kind of language is that? There is no "former USA", that's just some weird talk as if the country ceased to be and then re-existed again. Sounds like hyperbole to create a false argument.
We didn't get bankrupted. When Germany, who was going through hard times didn't want to devalue thier Mark to keep with the standard decided to float their currency(leave the Bretton Woods agreement) it put us in a financial unease. France demanded 191M to be converted, we paid, made it worse for us so Nixon did a freeze and we floated our currency. We didn't default on France, we abolished the convertability of gold( tomato tomahtoh?) The U. S currency still held by them did not crash. Just not convertible to gold.
True on the Oil. But this confuses me: "Federal reserve notes were just around the corner!" Are you referring to Federal reserve notes or Federal reserve Bank notes?
"The trouble with quotes on the internet is that you can never know if they are genuine" - Abraham Lincoln
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