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- inactive, on 11/18/2008, -51/+456Great video... i wish Ron Paul could take Paulson's position in the Obama administration
- sheeplescareme, on 11/18/2008, -23/+297"every effort has been made by the federal reserve board to conceal its powers, but the truth is that the federal reserve system has usurped the government. it controls everything in congress and it controls all our foreign relations. it makes and breaks governments at will." ~congressmen louis t mcfadden
"in the us today, we have in effect two governments. we have the duly constituted government, then we have an independent, uncontrolled and uncoordinated government in the federal reserve, operating the money powers which are reserved to congress by the constitution." ~congressman wright patman
"the eyes of our citizens are not sufficiently open to the true cause of our distress. they ascribe them to everything but their true cause, the banking system; a system which if it could do good in any form is yet so certain of leading to abuse as to be utterly incompatible with the public safety and prosperity. the central bank is an institution of the most deadly hostility existing against the principles and form of our constitution." ~thomas jefferson - macdady843, on 11/19/2008, -45/+203I wish Ron Paul would take Obama's position as President.
- kenhatesemos, on 11/19/2008, -40/+192it makes me sad every time i am reminded of the fact that we missed out on the chance to make this man president.
- inactive, on 11/19/2008, -19/+158It was bound to happen. The scam could not go on forever. People saw what was wrong years ago and the government decided that gold was not mopney, federal reserve notes are. The problem is the federal reserve notes lose value every year, year after year, without ceasing.
Soon it will be worth nothing. Unlike gold and silver money, the lawful money of the people who began this great Nation, the federal reserve note represents debt, nothing more. Gold coins are very easy to barter with because they are going to have value no matter how long you hang on to them.
I have some interesting federal reserve notes including a silver certificate which says on it that it can be exchanged for lawful money at any federal reserve bank.
I went to the bank and asked them about it and they said that federal reserve notes were lawful money.
That left me wondering why a federal reserve note would say it could be exchanged for lawful money.
Thankfully the ban on Americans owning gold was lifted and in addition to owning pre-assasination American silver dimes and quarters and dollars I was able to own gold coins.
Over the years, year after year, those coins have been able to beat inflation. Not one coin is worth less than when I bought it, not one.
The pre-assasination silver coins were purchased at face value and have increased beyond face value in silver content alone.
Saying goodbye to the federal reserve will be the best thing this country ever did. - gentlax13, on 11/19/2008, -24/+161Dear GOP,
This man needs to be the future of your party.
Sincerely,
America - inactive, on 11/19/2008, -34/+170We should bring back our troops home, and have them raid the Fed. Declaring war on the Fed would be my first executive decision.
- sphira, on 11/19/2008, -15/+136Full interview
http://goldsilver.com/video_player.php?video_id=8& ... - sheeplescareme, on 11/19/2008, -76/+180it would never happen. 0'commie is in bed with big business and big banking, same as mcsame was. that is why they were presented as our choices.
- lazerus9, on 11/18/2008, -18/+113Good riddance!
- muckemuck, on 11/19/2008, -20/+110The big bankers donate massive amounts to the Obama campaign. They'll tell him who to appoint and it'll be someone who will continue to work for them (and not us). To be fair they also donated to the McCain campaign and would have controlled him as well.
You doubt this? How did both of them vote on the bailout? - shiddysmurf, on 11/19/2008, -7/+83Audit the federal reserve!!!! AUDIT!!!!!!!!!
- SteaminTmann, on 11/19/2008, -19/+93I don't know about anyone else, but I'm really starting to get sick of this politician nicknaming trend.
- inactive, on 11/19/2008, -29/+92You know this is getting pretty funny. The people who are posting their hatred for the great Dr. Ron Paul have nothing to write as far as facts that would prove the great Dr. Ron Paul wrong.
He has accurately predicted the problems we face today and to ignore the great Dr. Ron Paul in this vein is sheer stupidity.
So, to the haters of the great Dr. Ron Paul, keep investing in federal reserve notes and keep putting those FRN's into bank savings accounts. That leaves more gold coins for the rest of us to buy and hold.
When your bank account buys less, the gold coins buy more.
Not one single solitary gold coin I have purchased over the decades is worth less today.
Not one.
During those decades the federal reserve notes have lost value, lost purchasing power, and are going to continue to lose value.
The world recognizes the problems with paper currency and that is why the world is buying and holding gold coins.
You would have to be stupid not to take the advice of the great Dr. Ron Paul.
But then again the lamers and haters and people who are on their fifth digg account are not really known for intelligence.
Note their replies.
Nothing of substance, just some name calling.
- sheeplescareme, on 11/19/2008, -6/+66i have been fighting to educate people about the unFederal reserve for years. the trouble with a collapse is that we may get something far worse.
- jlhoben, on 11/19/2008, -23/+83This crisis will be used to push the SPP and the Amero.
- MisterEX, on 11/19/2008, -2/+54"If the American people ever allow private banks to control 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 prosperity until their children will wake up homeless on the continent their fathers conquered." - Thomas Jefferson
Just thought I'd add another TJ quote. - gardengrocer, on 11/19/2008, -17/+65Ron Paul has been trying to save our country for 30 years.It's time the goverment starts to listen.
- lazerus9, on 11/19/2008, -8/+55It will be tough, but people are far more resilient than the NWO would have you believe. The NWO's biggest scam is in convincing people that their very survival depends on the largess of these parasitic scumbags.
The tick taking credit for the terrier! - nkleffman, on 11/19/2008, -5/+47GawtMilk, the Fed is inherently bad, it is legalized counterfeiting.
Recommended reading for you:
The Creature from Jekyll Island: A 2nd look at the Federal Reserve by G. Edward Griffin
What has Government Done to our Money by Murray Rothbard - SouthsideIrish, on 11/19/2008, -7/+49What needs to happen is that the Republican's need to make him the House Minority Leader, and get rid of the leadership that has screwed up the party. And that is really the only hope the Republican's have.
- mamboboy, on 11/19/2008, -13/+54RON PAUL 2016
- inactive, on 11/19/2008, -20/+59http://digg.com/world_news/Governments_Can_t_Handl ...
It is clear that people all over the world are buying gold coins because they have value and hold value.
If we are to believe the lamers and haters and people who have been banned four times, then federal reserve notes would gain value. The problem with their stupid theories are the massive push for gold coins all over the planet. So basically they are saying that the great Dr. Ron Paul has massive worldwide influence.
Also the massive move to gold coins shows how stupid the lovers of paper money really are.
The wise choice, as always, is the money the Constitution advocates, gold and silver coins.
The stupid choice is investing in federal reserve notes and bank savings accounts. - sleepycoder, on 11/19/2008, -11/+49Could you please stop with the "great"? Acting like a North Korean fanatically worshiping the "great leader" makes Ron Paul supporters look like kooks.
- btschul, on 11/19/2008, -14/+51_________________
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................|| - kemp34, on 11/19/2008, -2/+39The international gold standard was abandoned by Richard Nixon in 1971. This new era is not old.
- bloggerjul, on 11/19/2008, -17/+52Guys I share your sentiments and concerns... but I've read several articles on the Feds and the fiat money... and all of these have something in common: crazies who comment wildly on going back to a gold standard without proper understanding of the system.
1. Be wary of politicians segregating the people from rich/middle-class/poor
2. Inflation hurts EVERYONE (especially the rich since they have more money devaluing each day... Ron Paul just said that to get us riled up)
3. Today's standard makes it easier to simply print money BUT over printing also occurred during the "good-old-days of a gold standard."
4. Gold is a finite resource, population growth and economic growth is still increasing. This will cause DEFLATION... (you bitch about inflation... but study which is worse http://en.wikipedia.org/wiki/Deflation%29 ) (everyone would be saving and no one would be investing)
5. Today's system, which cannot be emulated by a gold-standard, prevented/decreased the financial meltdown
6. It is very easy to blame... especially to a faceless financial entity... but please... overspending, greed, relying to much on credit.... it's a culture...
So before we bitch about the bankers, money masters, illuminati, and other crazy *****... study the other side of the issue, not just on shady videos I keep seeing in youtube...
you may start here http://en.wikipedia.org/wiki/Fiat_money - diggThis77, on 11/19/2008, -4/+37Hmmm it says here on your books that you have 100 trillion dollars in monopoly money...
- Betrayer, on 11/19/2008, -5/+37this would have been good to see 5 MONTHS AGO when the interview took place...
- inactive, on 11/19/2008, -7/+39I don't like Obama but, please, can we refrain from calling him O'Commie? It's childish.
It's on the same levels as the people calling liberty supporters, "Paultards". Ridiculous. - muckemuck, on 11/19/2008, -3/+33diggThis77 .. . show me polls from the time of the bailout that showed that the people wanted the politicians to pass the bailout. Everybody I know was saying that the bailout wouldn't work, that there was almost no oversight, and then when it went for a second vote they were pissed that the politicians had tacked on an additional $150,000,000,000 in pork.
The politicians did it despite many of them saying they were getting thousands of calls from their constituents telling them NOT to vote for it - and only a handful of calls telling them to vote for it. So who did they listen to? Not their constituents. They listened to the lobbyists.
Anybody who is paying attention to the news should realize that what they passed DID NOT WORK. They've already taken $31,000 from every taxpayer and given it to.... ? http://www.cnbc.com/id/27719011 the banks. - BlacklabelSAR, on 11/19/2008, -5/+32Did you watch the vid, or do you even understand what a fiat money system is?
Fractional Reserve Banking is what has gotten us to where we are today. It is literally a worldwide scam. That and corporations being granted the same rights as a person, which they aren't. - AndrewMoyer, on 11/19/2008, -2/+28Maybe Congress should have thought about that before they gave the safe combination to the Fed.
Maybe Congress should remove the Fed. I'm sure they must have the power. - MrXfromPlanetX, on 11/19/2008, -11/+36National End the Fed day is Saturday 11-22-2008 http://www.endthefed.us
Also in relation to wanting to End The Fed, here's some great documentation on the issue.
http://www.themoneymasters.com/order.htm#books
http://Inflationtax.blogspot.com
I would like to suggest we buy "TRAGEDY AND HOPE, A HISTORY OF THE WORLD IN OUR TIME" and give it to Senators and Congressman.
We should all make a point of meeting them personally and handing it out. - ctiger2, on 11/19/2008, -12/+35Ron Paul 2012!! Imagine a president who doesn't lie to his people... Some people actually want to hear the truth whether it's bad or good. I want the truth!
- RogerStrong, on 11/19/2008, -8/+31Any new currency would inherit the same financial crisis and the same massive national debt. It wouldn't change a thing,
Canadians have rejected the idea of a common currency even at the best of times. The current crisis makes it LESS likely, not more. Canada isn't going to tie itself to a sinking ship. - i4ybrid, on 11/19/2008, -9/+31I thought gold was still doing poorly in the economy. Yes, in times when people don't have much faith in currency, gold and silver prices rise because demand increases. However, it doesn't seem to be the case so far in this falling economy (unless someone wants to correct me).
The entire financial system depends on the fact that if I give you a bunch of paper with numbers on them, you think it's worth it to give me a 40" TV in return.
The same applies to gold. If you think some shiny metal is worth $130 USD per ounce, then all the more power to it and you.
The same also applies to the stock market. If you think it's worth it to buy a "share" of Google for $300 USD, but you can't sell it back for more than $220, the amount of money essentially disappears. - Quickbreak, on 11/19/2008, -3/+25"Appease the people," diggThis77? Were you paying attention to the ***** of people protesting the bailout?
- Irashtar, on 11/19/2008, -3/+24RON PAUL'S CORPSE 2012!
- inactive, on 11/19/2008, -8/+29kucinich and ron paul should run and get rid of the idea of a two party system and the fed forever.
- TimDigg, on 11/19/2008, -13/+33"O'Commie. I like it."
Sort of has a Micro$oft, Son¥ or Goog₤€ ring to it... - j0ew00ds, on 11/19/2008, -12/+32hahahaah... "clearly does not understand".... you may have never been more wrong.
- chemthree, on 11/19/2008, -2/+22It's Valuable to the sellers of gold { http://goldsilver.com/ }. It's important to those who are ideologically inextricably linked to the value of gold. It's actual utility is questionable but it's scarcity does allow it to function as currency that can't easily be controlled. In lieu of gold a very tight monetary policy that restricts liquidity in markets would have the same net effect as using gold, though as governments have shown around the world they lack the discipline or will power to keep up a tight monetary or even fiscal policy.
- lordmetroid, on 11/19/2008, -15/+35And that is why you will never become the president.
- wrestlingnrj, on 11/19/2008, -10/+30Just finished reading "The Revolution: A Manifesto" yesterday and this is exactly what he was saying in his book. Ron Paul is what this country really needs.
- inactive, on 11/19/2008, -12/+31Given the fact my gold coins have outperformed your federal reserve notes every year, year after year, for decades means that while my money retains its value, yours loses.
Keep using a loser! - inactive, on 11/19/2008, -6/+25yeah ... his reelection from 2012!
- macdady843, on 11/19/2008, -7/+26@ Herkimer56
Yea you're right.. we should just let our monetary system be controlled by a top elite few who can manipulate interest rates as they please and print billions of dollars at will. Never mind the value the dollar would hold if it was backed up by a valuable precious metal that is traded on the free market... that makes no sense at all. - Synchro, on 11/19/2008, -4/+23There was also a heavy dash of government meddling in what got us here too, lets not forget that.
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