Tags: paul
Iranian Elections - We Should Learn From Them!
Hear the people chant "We want Freedom, we want Freedom!" This is exactly what I want to see happen in the US. It is time for US citizens to say NO to all the corruption and liberty-stealing and fear tactics which control not only our government, but our money supply, over-rule our state laws (10th amendment), our personal liberties and our civil liberties. It is time that we remember that the PEOPLE grant the GOVERNMENT powers, not the other way around.
Tenth Amendment:
The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
The PEOPLE hold the power!! We just have to use it!!
Ron Paul on the House floor
Hopefully one day I'll be able to stand at the exact same podium, and fight for individual freedoms, personal responsibility, and smaller/limited government.
Kudos Ron Paul, you say the things that nobody else has the balls to say.
Current Situation, or just a Bad Dream??
Is Ron Paul talking about our Current Situation, or is he just having a Bad Dream?
Today is the National Day of Action in support for HR 1207 - the Federal Reserve Transparency Act
I need your help making an important phone call. Today is a national day of action in support of HR 1207, the Federal Reserve Transparency Act. This essential legislation, introduced by Texas Republican Ron Paul, will open up the Federal Reserve to a full and complete audit by the GAO.
It's bad enough that taxpayers have pledged over $12 trillion to prop up a financial system best described as corporate socialism. It's even worse that the primary entity responsible for our economic crisis dismissively ignores Freedom of Information Act requests for transparency and use of taxpayer funds.
http://www.campaignforliberty.com/campaigns/supporthr1207.php
In liberty,
Desh
The Economy in 1934 - Political Cartoon
Does this cartoon seem to fit the economic situation today?
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| From Drop Box |
I'm still amazed that every dollar added to our economy is created from debt. That's right, when our Government, and it's private, super-secret partner in crime the Federal Reserve, want to create more money to "bailout" or "stimulate the economy", it creates bonds (out of thin air) and sells that debt to either interests in the US or in foreign markets (China/Japan). China is currently the largest holder of US debt at over 1 Trillion dollars. Yes, we owe China over 1 Trillion dollars and borrow 3 Billion from them a day just to fund our deficit spending. Think about that for a minute. What would happen to you if you even had to borrow $300/day to keep living your current lifestyle? What you borrow more to get yourself out of trouble? No.
I'm not sure what the future holds, but it can't be pretty. If China suddenly decided that it wanted to collect on all these debts it has been buying from the US, a MASSIVE sell-off of the U$D would happen and the value would drop tremendously. What does that mean exactly? It means that the US would have to print a lot of new money (turn on the printing presses) to pay off all of this debt. We obviously don't have this money (otherwise we wouldn't need to borrow it in the first place). The US wouldn't be on the line to purchase all of this debt back, as other foreign entities would auction for it with the Chinese. The Chinese may not get 100% of the debt back, but they would sell off the US Bonds to the highest bidder. It looks like supply > demand for the USD. Can anyone tell me what happens when supply > demand? That's right Econ101 students; the price/value of the item being sold decreases. The dollar's value would decrease causing massive inflation. Of course, SOME of the bonds would be bought back by the US and we would have to print money to pay for them. So let's see:
1. ebay style betting for US bonds and treasury bills
2. drives down the value of the dollar (supply > demand)
3. US prints more money to pay for the bonds
4. again, drives down the value of the dollar (inflation)
5. your money = worth less
Looks like that's the 5 easy steps to hinder the good American saver....YOU and ME! What have we done to deserve this you may ask? I tell you NOTHING. I haven't done anything. I've saved, payed off my credit cards, paid off my car, worked hard, saved, didn't buy a house that I can't afford, didn't over extend myself and have always lived within my means. Oh yeah, I've paid ALL of my taxes on time even though I despise them. What have I gotten in return? I've lost 50% in my 401k and will be hit with MASSIVE INFLATION in the future.
Remember, the Government is BROKE. They have NO money. The only money that they can spend must be created 1 of 2 ways:
1. Create more out of debt (see paragraph 1)
2. Increase taxes
I don't know about you, but it seems that the Federal Government got caught with it's hand in the cookie jar with a mouth full of cookies. They are in a mess, and they know it. Spend Spend Spend can only prolong things. It's the small hit of crack to get you through the day. What happened to savings, personal responsibility and living within our means? President Obama recently said that American families are doing the right thing by cutting back, saving more and tightening their belts, yet the Fed Gov spends more than ever. Does this sound hypercritical to you? Is the only way for us to get out of this recession really for our Fed Gov to spend more?
The only reason that the US is still the super power of the world is because we own the bombs. In 2008, 68% of our Federal Budget was spent on the Military. Now, ask yourself, why was so much spent on the Military? What's going on here? Don't believe me?? Check this out!! Has anyone warned us about the Military Industrial Complex before?
We are bullies, and there's no denying it. I welcome the new era of US history, where we don't have the means to push people around to get what we want. Welcome to the reality that all other countries live in, America.
-Desh
PS: Please contact your representatives to support Ron Paul's bill HR1207. This is very short, and they should be able to read the whole thing (unlike the 1000 page bailout bill). This would give Congress the right to audit the Federal Reserve. You know, the private, super-secret organization that creates and controls all of our money. Yeah, we don't have the authority to actually audit them, and see what they are doing....
Federal Reserve Transparency Act of 2009
HR1207 is a House Resolution by Ron Paul to audit the Federal Reserve.
President Woodrow Wilson says the creation of the Federal Reserve was his biggest mistake. Here is a quote from the 28th President concerning the Federal Reserve: “"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world - no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
Imagine
Imagine
Imagine for a moment that somewhere in the middle of Texas there was a large foreign military base, say Chinese or Russian. Imagine that thousands of armed foreign troops were constantly patrolling American streets in military vehicles. Imagine they were here under the auspices of “keeping us safe” or “promoting democracy” or “protecting their strategic interests.”
Imagine that they operated outside of US law, and that the Constitution did not apply to them. Imagine that every now and then they made mistakes or acted on bad information and accidentally killed or terrorized innocent Americans, including women and children, most of the time with little to no repercussions or consequences. Imagine that they set up check points on our soil and routinely searched and ransacked entire neighborhoods of homes. Imagine if Americans were fearful of these foreign troops, and overwhelmingly thought America would be better off without their presence.
Imagine if some Americans were so angry about them being in Texas that they actually joined together to fight them off, in defense of our soil and sovereignty, because leadership in government refused or were unable to do so. Imagine that those Americans were labeled terrorists or insurgents for their defensive actions, and routinely killed, or captured and tortured by the foreign troops on our land. Imagine that the occupiers’ attitude was that if they just killed enough Americans, the resistance would stop, but instead, for every American killed, ten more would take up arms against them, resulting in perpetual bloodshed. Imagine if most of the citizens of the foreign land also wanted these troops to return home. Imagine if they elected a leader who promised to bring them home and put an end to this horror.
Imagine if that leader changed his mind once he took office.
The reality is that our military presence on foreign soil is as offensive to the people that live there as armed Chinese troops would be if they were stationed in Texas. We would not stand for it here, but we have had a globe straddling empire and a very intrusive foreign policy for decades that incites a lot of hatred and resentment towards us.
According to our own CIA, our meddling in the Middle East was the prime motivation for the horrific attacks on 9/11. But instead of re-evaluating our foreign policy, we have simply escalated it. We had a right to go after those responsible for 9/11, to be sure, but why do so many Americans feel as if we have a right to a military presence in some 160 countries when we wouldn’t stand for even one foreign base on our soil, for any reason? These are not embassies, mind you, these are military installations. The new administration is not materially changing anything about this. Shuffling troops around and playing with semantics does not accomplish the goals of the American people, who simply want our men and women to come home. 50,000 troops left behind in Iraq is not conducive to peace any more than 50,000 Russian soldiers would be in the United States.
Shutting down military bases and ceasing to deal with other nations with threats and violence is not isolationism. It is the opposite. Opening ourselves up to friendship, honest trade and diplomacy is the foreign policy of peace and prosperity. It is the only foreign policy that will not bankrupt us in short order, as our current actions most definitely will. I share the disappointment of the American people in the foreign policy rhetoric coming from the administration. The sad thing is, our foreign policy WILL change eventually, as Rome’s did, when all budgetary and monetary tricks to fund it are exhausted.
-Ron Paul
9 March 2009
Obama is a Conservative
He wants to conserve all the failed policies of Bush.
Have we lost our minds? Why such support for Keynesian? I'm just so confused to how more debt will save us. Free Market forces cannot be controlled any more than Gravitational forces.
Please visit libertymaven.com to see all 6 parts.
06/19/09 02:39:19 pm, 
