103 Comments
- Conway, on 10/11/2008, -19/+67He has been the most consistent man in politics. I'm still writing in RP on my vote.
- MedicSean37, on 10/11/2008, -14/+56I'm so proud of this man.
- flashcat7777, on 10/11/2008, -15/+56www.campaignforliberty.com
- undino, on 10/11/2008, -10/+5125 years later, he is still standing up for having a strong dollar. /cheers to Ron keep on fighting!
- coveteran32, on 10/11/2008, -24/+61This man has been RIGHT all along! Obama/Mccain are the same.
- jtamps, on 10/11/2008, -14/+46After this is all over, he'll even have the decency to refrain from saying:
"I told you so."
This man is one in 6 billion. - cheeseron, on 10/11/2008, -5/+34i'll trade three cattle for yonder xbox 360
- RAGEdemon, on 10/11/2008, -4/+31This is where democracy Epic Fails.
The presidential race has become a popularity contest. No-one really cares what the man being elected knows or how intelligent he is (in gfact intelligence in a candidate is frowned upon by a lot of southerners).
Democracy only works where the civilians vote responsibly for the most fit to run candidate. NOT what religion he is or the color of his skin or where he was born.
What good is a democracy where the people are easily led, uneducated, irresponsible fanatics?
The only real way to save democracy is to make sure all candidates have equal advertising funds, that each is publicized equally, and that each's stance on issues is clearly available so the public can make an informed choice. I also feel that there should be come kind of system to allow only those who know about the issues to vote to discourage blind voting and "loyalty".
Only then, on a level playing field, can good men like RP win.
If McCain is elected, i don't think the world has enough patience to forgive America once again after 8 years of bush. - alamedaman, on 10/11/2008, -0/+26look! he's been consistent for 25 years! try getting Mccain to be consistent for 25 minutes!
- KittySpark1es, on 10/11/2008, -2/+18Help end the Federal Reserve
www.endthefed.us
11/22/08 Nationwide protest - hugolp, on 10/11/2008, -9/+24It doesnt matter. People want to hear that they can take more credit and keep on buying plastic chininese stuff. People dont want to hear that they have to work hard. Hopefully this crisis will wake them up.
- Berkana, on 10/11/2008, -3/+15I agree with Ron Paul that the ability to manipulate the money supply by creating credit (which is then spent as money in the economy) is the root of the problem, but I disagree with his solution of resorting to gold and silver. The problem today is that privately owned banks manipulate the money supply and create money out of thin air by means of fractional reserve banking; the power to issue money properly belongs to the government working in service of the people, it should not be the exclusive right of privately owned banks that lend it into existence and into circulation, and charge interest on it.:
http://www.youtube.com/watch?v=_yvRZoM-2r8
Even gold and silver are "fiat" in the sense that get only work as money due to societal agreement. Anything that society agrees to use as money will work as money. The problem isn't fiat money; the problem is inflationary debt-based money. The channel island of Gurnsey has very successfully operated under a fiat-currency system:
http://en.wikipedia.org/wiki/Guernsey#Economy
The reason it works is that the supply is stable; if it were to grow while the economy's need for money remains stable, inflation would result. If the population or the economy were to demand more money than were in circulation (for example, due to hoarding), a monetary contraction would result. The reason our current fiat currency is not stable is that all the money we have in circulation is borrowed money—all of it consisting of principal—but the money owed is principal + interest. In other words, our total debt exceeds the total money supply. As bankers make it hard to borrow more money into circulation, the repayment of debts naturally contracts the money supply, and as the money supply contracts after an inflationary period, the economy suffers. This is the root of the problem; it is sufficient to solve this problem without resorting to gold or silver. Gold and silver based currency may prevent inflation because its supply cannot be easily increased, but it does nothing to solve the problem of monetary contraction by interest payments. (See the youtube link above.) - akshay626, on 10/11/2008, -5/+17Or how about all you socialist leave the United States since it was started upon Libertarian principles
- bonk2k, on 10/11/2008, -0/+10Of course cigarettes are better than money. Have you ever tried smoking a dollar bill?
- Stevethegreat, on 10/11/2008, -0/+10Deregulation? Are you ***** kidding me? The governmentally backed FED created an inflationary rally for at least a decade now, with real inflation nowadays being at about 10%, this means that every year your money loses 10% of its value as the same commodity is 10% more expensive today than it was exactly a year ago.
Regulating the money is the prime regulation of all, the "deregulation" you speak about was an eye-wash that the politicians used to actually regulate even more behind the scenes. Today US economy is more regulated than EVER, stop the crap... - PhilThePhenom, on 10/11/2008, -3/+12My god, if Obama gets elected I hope he reaches across party lines and makes this man Secretary of the Treasury.
- inactive, on 10/11/2008, -0/+9Ok, ***** it! I have never been a Ron Paul supporter but this does it. I'm jumping the Shark. He's just ***** awesome!
- kawaiirobo, on 10/11/2008, -0/+8Wow, what a novel concept of backing money with something of real value, who would have thought....
- akshay626, on 10/11/2008, -3/+11In the 1950's a carton of cigarettes cost like a nickel, now it's $5. Damn taxes and inflation.
- inactive, on 10/11/2008, -0/+7To be fair. 25 minutes listening to McCain feels like 25 years...
- nubnub, on 10/11/2008, -3/+10o_O
- midhqel, on 10/11/2008, -2/+9America is not supposed to be a democracy, never ever should be. While it is not and has not for a long time America is supposed to a Constitutional Republic with each citizen being born with freedom and rights. Sadly we have fallen very far and most people are totally unaware of it. :-(
- poet, on 10/11/2008, -2/+9Wow. I was gonna reply with "You're an idiot" but it seems someone already did--however grammaticality incorrect. I'll just second that.
You're an idiot; plain and simple.
Laws are meant to govern the government, not govern the people. - carynyao, on 10/11/2008, -6/+12Can I digg this again and again and again....
- cygnus2112, on 10/11/2008, -2/+8Of all the nominees who ran for President, Ron Paul was the only one who has been right on all issues.
The problem includes corruption and greed, but not mistrust. If anything, the problem is with trust. - kelsosmythe, on 10/11/2008, -0/+6No, I think that was prison.
- csstudent, on 10/11/2008, -1/+7Just an fyi - he has endorsed Chuck Baldwin. I would strongly urge you to vote for him.
- kolobcreek, on 10/11/2008, -1/+7Its a shame how little Americans know about money. And how little interest the have in learning about our monetary system.
- superflydugg, on 10/11/2008, -0/+5goddamn that's concise.
- chopsky, on 10/11/2008, -2/+7"Whenever destroyers appear among men, they start by destroying money, for money is men's protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked, 'Account overdrawn.' - Francisco D'Anconia (Atlas Shrugged)
- spyd3rweb, on 10/11/2008, -0/+5Questioning authority is not emphasized in school.
- AaronRoss, on 10/11/2008, -0/+5pual is one of the very few politicians that is truly honest...maybe that's why he doesn't have a lot of support from his party, a TRUE maverick.
- Singularitarian, on 10/11/2008, -3/+8It was government manipulation of the economy that caused this mess. Read some of Ron Paul's writings on this topic.
- tacobueno, on 10/11/2008, -1/+6*By the way, do you guys see the sheer arrogance of coopting the words "freedom" and "liberty" to imply that only Ron Paul believes and fights for these concepts? It's as bad as Obama's overuse of "hope" and "change", and McCain's "maverick".*
See the thing is, Ron Paul votes and supports legislation in a way that proves he is for "freedom" and "liberty". So those words actually mean something.
Obama and McCain do not vote and support legislation in a way that proves that Obama is for "change" and "hope" or that McCain is a "Maverick". So those words do not mean anything.... - crazyhorse1972, on 10/11/2008, -0/+4I have used cigarettes as money. 7 cigarettes bought an extra dinner from the house man, who got an extra meal at every meal time for cleaning the ward.
- ericmerrill, on 10/11/2008, -1/+5Don't soil the good man's name by making him this election's Ralph Nader.
- crowbarred, on 10/11/2008, -0/+4Why was/is this man never president? evangelistics must envy this power. Unlike evangelistics he uses it for good.
- StingingNettle, on 10/11/2008, -0/+4The German Weimar republic used ciggarettes and whiskey as a form of currency during their peiriod of hyper inflation. You can read about it here: http://www.pbs.org/wgbh/commandingheights/shared/m ...
- Azerael, on 10/11/2008, -0/+4I really want to digg you up for that, but it takes up so much space it just ends up being more annoying than enlightening.
tl;dr - cygnus2112, on 10/11/2008, -4/+8"Why don't all the Libertarians all go to 1 state probably Texas and live out your romantic wild west fantasy together,"
mickstephenson
A 22 year-old chap from Stockon-on-Tees (GB)
How about you socialist wankers worry about your own country? - Jacolyte, on 10/11/2008, -0/+4I think the best thing to do would to strip all "party" associations.
Politics is not sports, so we shouldn't have little "teams"
You cannot sum someone's beliefs strictly on party affiliation, which is what a lot of Americans seem to think.
I've seen people vote for candidates who shared absolutely NO common values. The only thing shared was a label, and that was their party affiliation.
If we eliminated party affiliations, people would be forced to research a candidate for once in their ***** lives, rather than assume that the candidate is "on their side" because they are a "republican" or "democrat" - exspasticcomics, on 10/11/2008, -0/+4he's so young! LOL...
- dogslayeggs, on 10/11/2008, -10/+14Ron Paul is my idol.
- dopplerdog, on 10/11/2008, -0/+4If a system requires people to be incorruptible, uninterested in wealth, and perfectly trustworthy in order to function properly, then it's the system that's broken, not the people.
- harlowsmonkeys, on 10/11/2008, -1/+4Historically, gold has NOT been a very good investment. Long term, stock market beats it. If you are going to talk about "reality" and the "real world", you should actually be looking on real data over significant periods, rather than just short term results since you succumbed to the innate human desire to believe in mysticism and to join herds and became a Paul fan.
- poet, on 10/11/2008, -0/+3Wow. How ignorant are people to digg you down for stating the fact. America IS a Constitutional Republic. America IS NOT a democracy. Ask ANY representative, senator, mayor, governor, councilmember, etc.
People need to start educating themselves or we are just as ***** as we are now. - megaton, on 10/11/2008, -3/+6I'm a HUGE Ron Paul supporter, but there's one flaw with his argument: there is no physical material in the world that can act as a sustainable standard. Either there isn't enough to go around (gold, for example), it breaks down during a necessity crisis (anything without intrinsic value), or is naturally volatile (food, for example).
I get what he's saying, but the trend is from one standard to another as each successively broke down, just as the paper standard did now or the gold standard before it. In each case, it's preceded by a period of depression, just as we're about to witness.
The purpose of any standard is to instill accountability that counterbalances human greed. The problem with the paper standard is that accountability (i.e. oversight and regulation) is managed by humans, which puts two cooks in the same kitchen, stirring the same pot. Inevitably, caught up in their haste and excitement, the two will eventually work together to tip the pot and spill the soup.
However, the paper standard has one distinct advantage above all others, and that is to support a global economy and population the size of ours. Any standard based on a tangible asset eventually either reaches its limit to support (the need outweighs the supply), or new assets are found or created which devalue the currency, causing the inevitable inflationary behavior.
A standard based on an agreed-upon value system can support accelerated population growth, provided enough diversity exists within the pool. In an intertwined, global economy such as ours, we have the benefit of such support. In a sense, the value of the populace to the world at large acts as the standard, limiting how far a given economy can rise or fall. The peaks and valleys ultimately normalize over time, effectively shielding what would have been a much more exaggerated ebb or flow.
On the other hand, such an intangible standard does have one major caveat: the potential for a complete and utter global collapse. But, if you like any semblance of the life you have (internet, cellphone, tv, whatever) and wish to enjoy it without the expense of 98% of the rest of the population, the standard has to be based on an intangible asset, because it's impossible to build a sustainable credit system without it.
And credit is--like it or not--what governments need to operate on the grand scale necessary to govern such a massive, global populace. - dpc2376, on 10/12/2008, -0/+3George Washington was not formally part of any political parties and warned about the formation of political parties and how it could potentially divide the nation.
WASHINGTON’S FAREWELL ADDRESS TO THE PEOPLE OF THE UNITED STATES
http://www.access.gpo.gov/congress/senate/farewell ...
"All obstructions to the execution of the laws, all
combinations and associations under whatever plausible
character with the real design to direct, control,
counteract, or awe the regular deliberation and action
of the constituted authorities, are destructive of
this fundamental principle and of fatal tendency.
They serve to organize faction; to give it an artificial
and extraordinary force; to put in the place of the
delegated will of the nation the will of a party, often a
small but artful and enterprising minority of the
community; and, according to the alternate triumphs
of different parties, to make the public administration
the mirror of the ill concerted and incongruous
projects of faction, rather than the organ of consistent
and wholesome plans digested by common
councils and modified by mutual interests. However
combinations or associations of the above description
may now and then answer popular ends, they
are likely, in the course of time and things, to become
potent engines by which cunning, ambitious,
and unprincipled men will be enabled to subvert the
power of the people and to usurp for themselves the
reins of government, destroying afterwards the very
engines which have lifted them to unjust dominion." - excalibrax, on 10/11/2008, -2/+5Technichally he is for complete government deregulation using the constitution as an outline. The governments job is to coin money and to back money via commodities such as gold/silver which is to what he was refering. We have printed so much money in comparison to the commodities that we have stored to back them that the dollar is not worth as much in comparison to the commodities anymore.
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