The intent of the First Gulf War was essentially to marginalize Iraq as a regional power. Despite his war debt, Saddam had been made increasing powerful due to US and European military and WMD enhancement during the Iran-Iraq war. He had outlived his usefulness after overthrowing Gen Qassem, who nationalized Iraq's oil from Western hands, and he reduced Iran's influence with the war. Client states are supposed to be quiet. Just do what the West wants then shut up and recycle petrodollars.
Saddam noticed the US and West were bombing his country yet still were sanction busting thru the UN Oil for Food Scandal. Plus the US inserted spies for intel and control during UN WMD dismantling operations for control. Saddam realized the West was using him and he had made a deal with the devil. In protest, he refused to recycle petrodollars and switched to Euros in 2000, which caused the dollar world reserve status to drop from 71% to 64%. OPEC considered following suit. A huge problem.
why are you bringing 'jews' into this, you don't have to use that word because then you are discriminating and creating separation(illusion) and making this mess more confusing for others.
The Fed will never have a strong dollar policy, at least for any substantial period of time. They will always inflate, what is a strong dollar policy, 3% per year? 4%? 10%? It's so arbitrary and against the rule of law, just like the Fed's actual existence. The 80's saw rampant inflation, which lead to interest rates breaking 20% and a ton of unemployment. With a gold standard rates could remain lower while retaining the currency's value, you should read Murray Rothbard's works.
The Fed early on had a strong dollar policy and caused two depressions - the 1921 Depression, which had a steeper decline than the Great Depression but was cut short by tax cuts, and the Great Depression which tax and tariff inceases worsened into the Great Depression.
A strong dollar policy of loaning more money to Europe than every domestic loan combined? The 1921 Depression and the Great Depression were both brought about by easy money policies, through extending ridiculous credit to Europe post-WWI and then being paid back with our own money. We propped up the pound sterling by pouring hundreds of millions of dollars of gold into Britain. We loaned Germany money to pay her former enemies, who in turned paid us with our own dollars.
The 80s saw low inflation and low interest rates and a strong dollar.
A gold standard will not work with an import economy like ours because they're won't be any gold in the bank. The gold will have to be used to pay for the imports.
The gold standard had to be discarded when US imports increased in the 1970s.
The inflation rates of the 1980s were high, contrary to what you may think, but were kept in check by outlandish interest rates. Volcker and many of the Fed governors of that time period would apply restraint to the economy before another boom could create a huge bust, in fear of repeating the errors of the 1970s all over again. The beauty of gold is that it keeps inflation in check. If inflation occurs and domestic prices rise, gold flows out of the nation - what could be a better check?
Ron Paul ignores the reality that the consumer is already in charge, which is why we have 'free trade' to off shore production to cheap labor markets to satisfy cheap prices for consumers.
So the 'consumer economy' is driving production off-shoring which means a massive US trade deficit which means the gold standard is impossible.
As Ron Paul pointed out, Congress is not getting much in the way of money supply information from the Fed anymore.
That clearly points out that Congress is not doing its job.
Congress owns the Fed. They created it.
Congress can tell the Fed what to do.
All these anti-Fed kooks who wants to destroy it, fail to realize that the result would be to return to the uncontrolled non-system that existed prior to the Fed and was the reason for the creation of the Fed.
It's great to be on the gold standard when have a positive balance of trade and terrible to be on the gold standard when you have a negative balance of trade.
We import our capital to fund our government debt and we import our goods from cheap labor markets.
The problem is not the Fed.
It's the Congress!!
The answer is a balanced budget amendment.
The answer is to eliminate big government nanny-state politicians, which in most cases are Liberal Democrats.
out of control fucking US big business. Nice panel, nice discussion. always a pleasure to hear from paul. Is there a spot on the presidential ballot where you can right a name in?
I find it somewhat amusing that the media tried their damndest to make Ron Paul look like a blithering fool when he was still running for President but now that the financial situation becomes more of a crisis daily, they seem to be falling over themselves asking for his input.
haha i so agree with you....they laugh at him, marginalize him, make jokes about him but when it comes to the real issues they come running to him for answers. The world is going to run to him for answers in a few short years just watch...its almost a sure thing
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its over ron paul is old news history move on come back home to the GOP. Obama is a left wing commie who will open the borders unlike nothing you have ever seen and will sell us out to United Nations
Obama supporters could not offer anything that qualified him to be President. They couldn't say how his policies differed from Hillary's. Anne Coulter said that if McCain was the nominee she would campaign for Hillary as Clinton was the more conservative of the two. Vote Libertarian.
How Obama's policies different from Hillary's? Are you kidding? He opposed the freaking war, for starters. If you listen to and trust Ann Coulter, then you have bigger problems than anyone here can solve. She's one of the biggest idiots on Earth.
dude obama voted in the tune of 80 billion dollars to fund the iraq war you fucking tard! it's true he didn't intially vote for it yet he DID vote to fund it.
furthermore, obama wants to give billions of america's money to the third world.
all this info can be found on here where obozo, i mean obama is exposed.
w w w . ronpaulforums . com
lastly, obama is for the third world coming in via mexico. his wife is a CFR member. he's just another big govt. bozo.
Obama's support was tacit, not explicit. He approved it by funding it. I find Ms Coulter amusing. She is not one that I look to for guidance, however. If your criteria for intellectual capacity is whether or not someone thinks like you, that is a poor standard. Look at the woman's accomplishments and see how yours compare. You may not like her, but she is not stupid. I don't like the Clintons but I don't think they are stupid. Just wrong.
Ann Coulter's "accomplishments?" Are you kidding? She's a talking head on Fox and publishes books attacking the victims of 9/11 and defending Joseph McCarthy. Oh, and she has a bigger Adam's apple than I do. Those are accomplishments?
You are obviously being very selective. You can look her bio up as easily as I. Where might we find your bio on line (or elsewhere) so that we can contrast and compare?
By the way, TX is experiencing an economic boom thanks to its robust energy industry, and not just oil. Thanks to billionaire T. Boone Pickens (who was an oil man himself), we're going to create the largest wind farm ever created right here in the U.S. Energy self sufficiency is the new call of the millenium!
America should be 1 big Texas, where home prices never inflate or deflate. Once we have stability with home prices, the psychological factor will kick in & folks can go about being productive again.
Here! Here! Texas is the ONE state where you actually own the land you buy. In every other state you are merely leasing it. Any wonder why Texas is stable?
Texas is the only state that has Allodial title. You may find moreinformation on it in Michael Badnarick's class on the Consitution (here on YouTube) and on wikipedia.
haha. what a joke. can't wait till you old republicans die off so the young ron paul republicans can move into your homes and get the party back to its paleoconservative roots.
BTW -name calling doesn't impress rational, free-thinking people so you're not even addressing RP supporters.
The Soviet economy collapsed around 1991, that's what may be coming here, we operate on the same FIAT system...economic law will not be averted.
Our debts are null and void because fiat money is unconstitutional and we are not given any other alternatives.
When the FRN crashes to zero, your debt free. Don't let them convince you otherwise. Not only were you not disclosed to the fact that FRN's are not "money" and has inherent risks, you also had no alternative to use REAL money.
it is pretty scary that someone like one of those experts could be your economics professor in college...thank you youtube that we can tune into ron paul as an alternative to mainstream education...who cares about who is the president, the Ron Paul Revolution is just starting
These "experts" have not got a clue. They are defending a system that is both unConstitutional and is the source of the economic woes we are having. They are both bought and glib. The Federal Reserve is a private bank that bails out banks, brokerages and major corporation at the expense of the public, the dollar and our futures. It is so refreshing to be able to hear Ron Paul. He is honest, knowledgeable and invariably right. It is horrifying to watch all these educated fools defend the madness.
Good God, LaCamp is the BIGGEST IDIOT ever on CNBC and that's saying alot. This loser not only has been sued by clients (check his NASD filing), yes thats right hes a stockbroker, but hes only on CNBC because he has an affiliate relationship with some NBC cheese station in Fort Worth, TX. hahahahah dear god CNBC IS SUCH A JOKE!!!!!
what a moron. Big inflation during the gold rush days? Gold rushes are a thing of the past. Gold production has not significantly affected the supply since those days. There's not much gold left in the ground. That's a fact. Unless the gold comet comes in and hits the earth, you won't have big inflation on a REAL gold standard.
Also, the places where America claims to have gold stored are virtually emptied out by criminals over time. There is no gold reserves in the federal reserve. It is a lie.
What was the douche with the bowtie's name? Dave Kotak? Another one of those "too big to fail" "socialize the risk, privatize the profit" corporatist pricks. He wouldn't know the free market if Adam Smith's invisible pimp hand smacked him in the forehead.
Three thin dimes used to buy a gallon of gas, or a loaf of bread, or a gallon of milk, in 1964, now that 30 cents is worth so little( and they took the cents symbol off the keyboard), Inflation is a TAX on everyone. Why shouldn't an old retieree be able to hold thier savings and keep the value in the currancy of our country? They stear from Old people...shame shame!!
How did I know the dope in the hideous bow tie was a Fed supporter? Ron Paul has been right on this issue for the last decade. Austrian school of economics folks is the only school. Keynsians are fools. Obama and McCain don't have a fucking clue. Get rid of the Fed and NO BAILOUTS of anyone...that includes industry!
Down with the Fed! Andrew Jackson eliminated his version of the Fed, and so did Thomas Jefferson. The Founders knew damn well the dangers of having a central bank in control of the economy. A central bank is anathema to liberty.
man talking heads are awesome. SHOUT LOUDER HE CANT HEAR YOUR MIC. Anyway, all our problems are Bushs fault and our Savior Obama will fix it next January
Exactly what solutions has obama proposed in regards to the monetary system? I havent heard him talk about it Once, not once! Obama wont fix anything, he is a member of the CFR dominated by the Rockefellers, who *as aaron russo let loose) want to convince people socialism is capitalism. THAT IS WHAT IS HAPPENING. The Economic collapse is planned, D rockefeller said 'all we need is the right economic crisis and the nation will accept the new world order' Wake the fuck up fool
Are you sure? These are the same men who are killing thousands in an illegal Iraqi war over resources. You want them to have total control of your life? I hope your kidding, they will come for you one day
He's kind of bipolar. When something goes up he falls in love with it and when it goes down he trashes it. If gold dropped $100 tomorrow he would be yelling about how the dollar was back and the economy was saved.
over-all one of the best youtube videos i've seen. It is so nice that we are begining to see more and more financial experts having great positive dialogue with Dr. Paul.
Dave Kotok is not a friend of free markets. his whole investment strategy relies on constant changes in inflation. This is why he is PRO-FED. Stay away from Cumberland Advisors.
Every Fiat "dollar", more like a "bill of credit" must be borrowed into existence, each "dollar" represents a legal notification of a debt. I must wonder why so many think that our Fiat System will have a different fate then all previous ones in history, they all fail because, by their very nature, the massive, exponential debt becomes irreversible and reaches a point that it consumes all economic productivity and profitability.
This is especially true when you alsohave the caveat where just by the printing of it, you have to pay me interest. I would love the ability to say "OK, I will just print $300 Billion out of thin air and you have to pay me 3% per year on that money." Damn, I would be printing money all day. Which is basically what is being done now.
You cant solve it with a printing press. Be careful with the gold standard. They all ready stole all of that. I think a congressional monetary policy is the best chance we have of taking off the cement boots. I would take the tally stick. It worked for over 700 years! And yes it is DOCTOR Paul, Congressman Paul. My favorite is going to be Mr. President!
The guy who made the "argument" against a gold standard by pointing to the CA gold rush misses the point. Inflation was confined to a relatively short time and a limited area...and there is a natural limit to how much inflation can come from gold. There is no limit to paper money inflation other than a total bust or hyperinflation and total destruction of the currency for the entire country as people no longer value them at all.
what did that one guy with the awlful hair dye job mean by "we had a gold standard in the 1980s"??? Did I misunderstand him and he really said 1880's??? I mean what a clown. Every fiat currency has collapsed eventually.
bernenke is devaluing the dollar on purpose! cant anyone see that? they are trashing down the economy to get you slaved! it sounds all so abstract because its dealing with numbers and figures but, your actual existence is at risk! imagine you are in the jungle right now and have to fight for your existence, it is the exact same thing now, you are at threat right now on the same scale. do what you can to fight these bastards!
One cannot pin this elaborate hoax on Bernanke alone. Remember the Federal Reserve Act was ushered in in 1913 and the other illusions and hoaxes the elitists have perpetrated have been going on long before that.
wow.... all of a sudden all the puppets have to recognize Ron Paul... he is an economic prophet who has been predicting this for years... yet all the GOP sheep voted for McCain... I am ashamed of my party for giving the upcoming election to Obama
no shit, im right with you. but i dont think it was the actual voters that got RP out, i think it was the big guys in DC that HATE true American freedom, liberals & Republicans
It's always irritating to me when they call him Mr. Paul, instead of correctly refering to him as DOCTOR Paul too bilabrin! Even Congressman Paul would work.
The gold standard and the Great Depression. The current judgment of economic historians (see, for example, Barry J. Eichengreen, Golden Fetters) is that attachment to the gold standard played a major part in keeping governments from fighting the Great Depression, and was a major factor turning the recession of 1929-1931 into the Great Depression of 1931-1941.
The Fed was founded in 1913 the the USA has been going downhill ever since. The 1929 stock market crash was fabricated to make rich people richer and it worked. The Fed is a criminal body and this cannot be fixed as long as the Fed exists.
One reason for the confusion is that a "gold standard" merely means a return to commodity money. It doesn't depend on everyone having gold coins, it merely denominates currency standards in a common reference point: "units of gold".
It works because it removes political chicanery from the money supply. Fiat currencies foster political manipulations, with disasterous results.
A "gold standard" will not solve every problem, it will just solve one really big one.
Returning to the gold standard would be one of the biggest mistakes we could ever make..it sure is easy for these guys to criticize when they don't have to be responsible for the decision..These guys are Monday Morning Quarterbacks at best
Not at all. A "gold" standard would hit like an earthquake, true, because it would be undoing the bubbles and idiocy created by the last 90 years of fiat currency.
The Great Depression didn't happen on a gold standard. It happened after the Fed was established. Inflation has been rampant ever since the Fed was established. Fiat currency is causing this disaster, returning to a commodity standard cannot do anything but good.
I would rather not depend upon wishful thinking. Remember that the Federal Reserve was established, so they said, to prevent depressions. There have been three since.
If Ron Paul was on the ballot this November, I'd vote for him. Unfortunately, he's not...and write in votes will NOT count. Instead, I am voting for Bob Barr.
You have a point. The days of the write in vote have been manipulated out. When Bob Barr was in Congress, I thought he was one of a handful, including Ron Paul, who deserved to keep their seat. Ron Paul has done such a service to this nation bringing the Fed to wide attention. People won't read books but they will pull up You Tube or Google Aaron Russo. That is a start.
All Fiat Money fails due to its very nature since every single "dollar" must be borrowed into existence and all debt must then be paid by Fiat "dollars" which is simply more debt to pay debt the entire economic system gradually becomes insolvent. Our national debt must be paid by borrowing more Fiat "dollars" to pay down that debt.
It is mathematically impossible for such a system to continue indefinitely.
Chief Justice Salmon P. Chase in Hepburn v Griswold, 8 Wallace 603 was, by far, the perfect Judicial Decision on the subject of paper bills of credit which we now know as Federal Reserve Notes.
Ron Paul is absolutely correct, and if this country continues to allow the FED and this government to manage the economy and the money then we will suffer the same fate as all others who depended on fiat money: ECONOMIC COLLAPSE!
Keynsian commie scum like the guy in the green bowtie deserve the guillotine. Ron Paul is a saint amongst the pathetic lowlife criminals in congress. Hope McInsane kicks the bucket and Barrack is outed as a CFR commie and Paul gets the presidency.
Actually the Federal Reserve is unconstitutional. In Article I, section 10 the Constitution states, "No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; ..." So if a state accepts Federal Reserve notes as payment for taxes they are violating the Constitution. We've been violating the Constitution for so long insofar as the monetary system is concerned that people regard it as normal.
I wish libertarians were more united. I hope the Ron Paul Revolution can keep moving forward and won't disolve. Cause in the end its going to be us against the centralized planners. They definately have the upper hand right now when it comes to controlling information and education.
In my state, there are liberty and limited government organizations starting that are helping Ron Paul Republicans get elected. In two years, you are going to be seeing many people getting elected to state and Fed positions.
Electing Ron Paul Republicans is great but there really is noone out there that can match Paul's track record or his integrity. We need him to keep fighting and he will.
These guys are speaking in their own best interest not the nations.
The Founders put limits on government power because they knew that the power would run wild. As long as there is a Fed., it will not run well. Republicans want to give power to Republicans and Democrats want to give power to Democrats, but the power they give will one day go to the oposite party. The power you give to a good Fed will be used by a bad Fed.
150 years ago in California a prospector with a bag of gold would go into a town and he would have nowhere else to go. He had to pay high prices or starve. Today, he could spend his gold worldwide. There would be no local high inflation.
ron paul is too intelligent to ever be elected. people have their heads up their asses. that said, i'm going to start sporting an enormous green bow tie so i look like a fucking christmas present. what an ass.
Jerry B is fucking idiot. He wants a responsible Fed. Is he aware in the 100 years the Fed has been in existence they have never been responsible?
rmccay88 1 year ago
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Nice work. keep it up. mean time come for social media marketing for esteembpo**com
lyndonsilva 2 years ago
LMFAO @ 3:34 XD
bubbadankness 2 years ago
9 trillion in Bailout !
that's about 3 times what the banks are worth!
Corruption
Ron Paul let freedom ring
dave777blaster 3 years ago 5
Markets are fucked because of the central bank system you fools. The free market does not exist so long as the fed is in existence.
judoskeleton 3 years ago 8
ron paul had the crisis covered 8 years ago..... why didn't anyone else in congress?
andrewh817 3 years ago 2
Keep up the Good work RON PAUL.
CAMPAIGN FOR LIBERTY!!!
mrmjackson 3 years ago
Never listen to a man who has a bow-tie made in the merry old land of OZ. (3:34)
billy2bob 3 years ago 2
re gold: "it all went down basically at the turn of the century"
The USD is based on OIL! if france wants to buy oil from spain, they have to do it in America Dollars.
Few people realize that part of the gulf war was because Saddam decided to sell oil in Euros (bad press that americans usually don't want to hear).
Other countries are talking of this as well, and THAT is part of the problem both in the oil prices AND the American Economy.
tillo2008 3 years ago
LOL? The Euro didn't even exist during the Gulf War... you mean the Iraq War?
Invicted 3 years ago
The intent of the First Gulf War was essentially to marginalize Iraq as a regional power. Despite his war debt, Saddam had been made increasing powerful due to US and European military and WMD enhancement during the Iran-Iraq war. He had outlived his usefulness after overthrowing Gen Qassem, who nationalized Iraq's oil from Western hands, and he reduced Iran's influence with the war. Client states are supposed to be quiet. Just do what the West wants then shut up and recycle petrodollars.
thomasst2 3 years ago
Saddam noticed the US and West were bombing his country yet still were sanction busting thru the UN Oil for Food Scandal. Plus the US inserted spies for intel and control during UN WMD dismantling operations for control. Saddam realized the West was using him and he had made a deal with the devil. In protest, he refused to recycle petrodollars and switched to Euros in 2000, which caused the dollar world reserve status to drop from 71% to 64%. OPEC considered following suit. A huge problem.
thomasst2 3 years ago
Did Ron Paul just say he will endorse Bob Barr in September?
Doveshack101 3 years ago
no, he clearly said no to the question. I think when he said he'd make some sort of announcement - that is when he will announce any endorsement.
tillo2008 3 years ago
Why do so many assholes defend the Fed?
What planet are they from?
sonsofliberty53 3 years ago 2
Say Zionists instead. Jews have set things up so you can't use the lORdS name in vaain anymore.
sonsofliberty53 3 years ago
why are you bringing 'jews' into this, you don't have to use that word because then you are discriminating and creating separation(illusion) and making this mess more confusing for others.
twohseven 3 years ago
But like RP says, Congress LOVES the Fed cause they LOVE to spend money which the Fed monetizes for them.
Hell, we have to break Congress's dependency on spending as bad as we need to get rid of the Fed.
sonsofliberty53 3 years ago 2
"I want a lender of last resort will a good strong dollar policy."
"We didn't have the gold standard in the 80s and we had great money."
But Ron Paul disagrees.
averageworkinggal 3 years ago
The Fed will never have a strong dollar policy, at least for any substantial period of time. They will always inflate, what is a strong dollar policy, 3% per year? 4%? 10%? It's so arbitrary and against the rule of law, just like the Fed's actual existence. The 80's saw rampant inflation, which lead to interest rates breaking 20% and a ton of unemployment. With a gold standard rates could remain lower while retaining the currency's value, you should read Murray Rothbard's works.
readthepaper 3 years ago
The Fed early on had a strong dollar policy and caused two depressions - the 1921 Depression, which had a steeper decline than the Great Depression but was cut short by tax cuts, and the Great Depression which tax and tariff inceases worsened into the Great Depression.
averageworkinggal 3 years ago
A strong dollar policy of loaning more money to Europe than every domestic loan combined? The 1921 Depression and the Great Depression were both brought about by easy money policies, through extending ridiculous credit to Europe post-WWI and then being paid back with our own money. We propped up the pound sterling by pouring hundreds of millions of dollars of gold into Britain. We loaned Germany money to pay her former enemies, who in turned paid us with our own dollars.
readthepaper 3 years ago
The 80s did not see rampant inflation.
The 80s saw low inflation and low interest rates and a strong dollar.
A gold standard will not work with an import economy like ours because they're won't be any gold in the bank. The gold will have to be used to pay for the imports.
The gold standard had to be discarded when US imports increased in the 1970s.
"Gold is not the magic cure."
averageworkinggal 3 years ago
The inflation rates of the 1980s were high, contrary to what you may think, but were kept in check by outlandish interest rates. Volcker and many of the Fed governors of that time period would apply restraint to the economy before another boom could create a huge bust, in fear of repeating the errors of the 1970s all over again. The beauty of gold is that it keeps inflation in check. If inflation occurs and domestic prices rise, gold flows out of the nation - what could be a better check?
readthepaper 3 years ago
'Monetarism as the beck and call of Keysianism'
Well said.
The problem is excessive Keysianism coming from Congress.
averageworkinggal 3 years ago
excessive keynsianism?? when bridges collapse and FEMA is useless? c'mon... the war in Iraq is not true keynsianism
lapresdmididufaune 3 years ago
Deficit financing, fiat currency, government regulation, fixed rates, parity pricing, etc. What's not Keynesian about it?
readthepaper 3 years ago
Ron Paul ignores the reality that the consumer is already in charge, which is why we have 'free trade' to off shore production to cheap labor markets to satisfy cheap prices for consumers.
So the 'consumer economy' is driving production off-shoring which means a massive US trade deficit which means the gold standard is impossible.
averageworkinggal 3 years ago
Another reason why we can't go on the gold standard, we import 70% of our oil.
If we were on the gold standard, we would be trading gold for oil.
There is no viable alternative to oil in the recent future. We must drill domestically.
The Dems are obstructing that and thus indirectly blocking any viable consideration of the gold standard too.
averageworkinggal 3 years ago
As Ron Paul pointed out, Congress is not getting much in the way of money supply information from the Fed anymore.
That clearly points out that Congress is not doing its job.
Congress owns the Fed. They created it.
Congress can tell the Fed what to do.
All these anti-Fed kooks who wants to destroy it, fail to realize that the result would be to return to the uncontrolled non-system that existed prior to the Fed and was the reason for the creation of the Fed.
averageworkinggal 3 years ago
Congress gives the Fed its powers.
Congress can take them away.
Congress can put money supply growth limits on the Fed, but it doesn't.
That would be much better than the gold standard.
With our institutionalized trade deficit, we would be without any gold in short order since we are an import economy now.
When we were an industrial exporting country, the gold standard worked OK. But not now.
Congress should restrict the Fed's power and we should restrict Congress's power.
averageworkinggal 3 years ago
So long as we have one party, the Democrats, offering more and more government entitlements to buy votes, we'll never get out of this.
We need a constitutional amendment to ban Liberal Politicians.
averageworkinggal 3 years ago
It's great to be on the gold standard when have a positive balance of trade and terrible to be on the gold standard when you have a negative balance of trade.
We import our capital to fund our government debt and we import our goods from cheap labor markets.
The problem is not the Fed.
It's the Congress!!
The answer is a balanced budget amendment.
The answer is to eliminate big government nanny-state politicians, which in most cases are Liberal Democrats.
averageworkinggal 3 years ago
out of control fucking US big business. Nice panel, nice discussion. always a pleasure to hear from paul. Is there a spot on the presidential ballot where you can right a name in?
squibit7 3 years ago
Ron Paul for Man of the Year
rabbitize 3 years ago 4
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Go Ron Paul Go!
Signzit 3 years ago
RON PAUL = NATIONAL HERO
marcofilms 3 years ago 3
Well said.
Clemrm 3 years ago
Seems the main stream media is beginning to have a hard time with keeping their hosts from falling in love with Dr. Paul's message!
edmyster81 3 years ago 2
I find it somewhat amusing that the media tried their damndest to make Ron Paul look like a blithering fool when he was still running for President but now that the financial situation becomes more of a crisis daily, they seem to be falling over themselves asking for his input.
purerockfury 3 years ago 3
haha i so agree with you....they laugh at him, marginalize him, make jokes about him but when it comes to the real issues they come running to him for answers. The world is going to run to him for answers in a few short years just watch...its almost a sure thing
Tackleqb 3 years ago 3
Imagine Obama in this discussion. Ummm eerrrr ummm.... Of course he only makes speeches. Go Ron Paul.
kieranricci 3 years ago 3
Ron Paul must get tired of sharing the stage with stooges.
katards 3 years ago 9
Once again Americans will choose the lesser of two great evils.
Fullmetalpizza 3 years ago
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its over ron paul is old news history move on come back home to the GOP. Obama is a left wing commie who will open the borders unlike nothing you have ever seen and will sell us out to United Nations
RushLforPres 3 years ago
Dude, McCain and Obama have almost identical immigration policies...
Both are courting LaRaza, both have immigration reform policies that largely legalize illegal immigration.
What rock are you living under?
gnawph 3 years ago 9
Obama supporters could not offer anything that qualified him to be President. They couldn't say how his policies differed from Hillary's. Anne Coulter said that if McCain was the nominee she would campaign for Hillary as Clinton was the more conservative of the two. Vote Libertarian.
steve0281 3 years ago 2
How Obama's policies different from Hillary's? Are you kidding? He opposed the freaking war, for starters. If you listen to and trust Ann Coulter, then you have bigger problems than anyone here can solve. She's one of the biggest idiots on Earth.
RonPaulHatesBlacks 3 years ago
dude obama voted in the tune of 80 billion dollars to fund the iraq war you fucking tard! it's true he didn't intially vote for it yet he DID vote to fund it.
furthermore, obama wants to give billions of america's money to the third world.
all this info can be found on here where obozo, i mean obama is exposed.
w w w . ronpaulforums . com
lastly, obama is for the third world coming in via mexico. his wife is a CFR member. he's just another big govt. bozo.
case closed.
ne0nsurf 3 years ago 3
Obama's support was tacit, not explicit. He approved it by funding it. I find Ms Coulter amusing. She is not one that I look to for guidance, however. If your criteria for intellectual capacity is whether or not someone thinks like you, that is a poor standard. Look at the woman's accomplishments and see how yours compare. You may not like her, but she is not stupid. I don't like the Clintons but I don't think they are stupid. Just wrong.
steve0281 3 years ago
Ann Coulter's "accomplishments?" Are you kidding? She's a talking head on Fox and publishes books attacking the victims of 9/11 and defending Joseph McCarthy. Oh, and she has a bigger Adam's apple than I do. Those are accomplishments?
RonPaulHatesBlacks 3 years ago 2
You are obviously being very selective. You can look her bio up as easily as I. Where might we find your bio on line (or elsewhere) so that we can contrast and compare?
steve0281 3 years ago
By the way, TX is experiencing an economic boom thanks to its robust energy industry, and not just oil. Thanks to billionaire T. Boone Pickens (who was an oil man himself), we're going to create the largest wind farm ever created right here in the U.S. Energy self sufficiency is the new call of the millenium!
itskaikai 3 years ago 5
T. Boone rocks!!! Wish we had someone up here in Indiana like him. Hopefully his ideas can spread.
IsaacB5679 3 years ago
Bring it ALL on! Wind, Hydrogen, Nukes, Drilling, Solar. Choice is always the best answer.
steve0281 3 years ago 2
America should be 1 big Texas, where home prices never inflate or deflate. Once we have stability with home prices, the psychological factor will kick in & folks can go about being productive again.
itskaikai 3 years ago 2
Here! Here! Texas is the ONE state where you actually own the land you buy. In every other state you are merely leasing it. Any wonder why Texas is stable?
steve0281 3 years ago
How is Texas is different in terms of property ownership? Wondering what you mean.
PhotoUlf 3 years ago
Texas is the only state that has Allodial title. You may find moreinformation on it in Michael Badnarick's class on the Consitution (here on YouTube) and on wikipedia.
steve0281 3 years ago
I am voting for Dr. Ron Paul Save America!
See my video..
littlerocken 3 years ago 6
im writing in ron paul too, he will win the election
mattgeb84 3 years ago 4
They're listening!
dude999998 3 years ago 4
f*ck 'em. im writing in ron paul; urge you do the same.
psbyowner 3 years ago 7
This comment has received too many negative votes show
RP is FINISHED lol. Its OVER for you fanatics. You vote Mccain or Obama will win. Do you want a commie to win?
Ofcourse not so come back home to the REP party
RushLforPres 3 years ago
mccain and obama are the same. clueless. vote bob barr.
skylerh007 3 years ago
haha. what a joke. can't wait till you old republicans die off so the young ron paul republicans can move into your homes and get the party back to its paleoconservative roots.
BTW -name calling doesn't impress rational, free-thinking people so you're not even addressing RP supporters.
Freedom, Prosperity & Peace!!!
happinessisnowhere 3 years ago 6
McCain is a dumb ass when it comes to the economy, Obama isn't much better.
rappleduck 3 years ago 8
lol, "RushLforPres" With a sn like that, you might as well tattoo "I'm a koolaid drinking inbred retard" on your forehead.
sponk2007 3 years ago
sponk2007 lol, "RushLforPres" With a sn like that, you might as well tattoo "I'm a koolaid drinking inbred retard" on your forehead.
--------
Lol
RushLforPres 3 years ago
The Soviet economy collapsed around 1991, that's what may be coming here, we operate on the same FIAT system...economic law will not be averted.
Our debts are null and void because fiat money is unconstitutional and we are not given any other alternatives.
When the FRN crashes to zero, your debt free. Don't let them convince you otherwise. Not only were you not disclosed to the fact that FRN's are not "money" and has inherent risks, you also had no alternative to use REAL money.
mcfallb 3 years ago 2
if there was a god, i would invoke its blessing upon RP
ObjectOriented64 3 years ago
RON PAUL ONLY HOPE!!! ronpaul2008 . com
RON PAUL RON PAUL MAKE LOVE NOT WAR !!!!!!
BUSH, McCAIN ONLY WAR IN BRAIN!!!! ronpaul2008 . com
LET'S STOP RECESSION ONLY HOPE IS RON PAUL!!!! DONATE DONATE DONATE !!!!! ronpaul2008 . com
START IT TODAY Buy "The Revolution: A Manifesto" by Ron Paul dvds4delegates . com Donate donate
SaveUsRonPaul 3 years ago
it is pretty scary that someone like one of those experts could be your economics professor in college...thank you youtube that we can tune into ron paul as an alternative to mainstream education...who cares about who is the president, the Ron Paul Revolution is just starting
ballhomer 3 years ago 5
These "experts" have not got a clue. They are defending a system that is both unConstitutional and is the source of the economic woes we are having. They are both bought and glib. The Federal Reserve is a private bank that bails out banks, brokerages and major corporation at the expense of the public, the dollar and our futures. It is so refreshing to be able to hear Ron Paul. He is honest, knowledgeable and invariably right. It is horrifying to watch all these educated fools defend the madness.
christopherquinn 3 years ago 4
Amen to that brother !
phrek75 3 years ago
You Financial clowns don't get it.
Ron Paul has owned every financial expert that have tried to put up argument.
wellingtonian 3 years ago 2
Good for Paul-- he used the "f" word again, "fascism."
renaldo999 3 years ago 2
Good God, LaCamp is the BIGGEST IDIOT ever on CNBC and that's saying alot. This loser not only has been sued by clients (check his NASD filing), yes thats right hes a stockbroker, but hes only on CNBC because he has an affiliate relationship with some NBC cheese station in Fort Worth, TX. hahahahah dear god CNBC IS SUCH A JOKE!!!!!
geewiz1910 3 years ago 2
"rampant inflation in gold in California!"
Where do they get these guys?
martidags 3 years ago 3
What an idiot - "we didn't have a gold standard in the 1980s and we had great money!"
Wow, a dollar that was strong for a decade! What an accomplishment!
martidags 3 years ago 7
Honestly, I love Ron Paul, he's amazing
im reading his book right now, bought it off amazon, it's amazing
lol, imagine Obama on a debate with RP on Economics, hahhhaahahha
Dr. Paul would eat Obama for breakfast.... with ketchup on the side
NonInterventionist 3 years ago 16
fuck yeah ron paul needs a debate with obama. all obamas retarded sheeple would change over to revolutionaries
mortisnoctu 3 years ago 7
Real Cost of Iraq War = 1 TRILLION dollars at least !
Say goodnight America. Its time for bed.
SatwaMan 3 years ago 2
what a moron. Big inflation during the gold rush days? Gold rushes are a thing of the past. Gold production has not significantly affected the supply since those days. There's not much gold left in the ground. That's a fact. Unless the gold comet comes in and hits the earth, you won't have big inflation on a REAL gold standard.
benjleeru 3 years ago 2
Also, the places where America claims to have gold stored are virtually emptied out by criminals over time. There is no gold reserves in the federal reserve. It is a lie.
SatwaMan 3 years ago 3
What was the douche with the bowtie's name? Dave Kotak? Another one of those "too big to fail" "socialize the risk, privatize the profit" corporatist pricks. He wouldn't know the free market if Adam Smith's invisible pimp hand smacked him in the forehead.
egosumabbas 3 years ago 5
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ron paul the best
PETEYPOPOFF 3 years ago 2
Three thin dimes used to buy a gallon of gas, or a loaf of bread, or a gallon of milk, in 1964, now that 30 cents is worth so little( and they took the cents symbol off the keyboard), Inflation is a TAX on everyone. Why shouldn't an old retieree be able to hold thier savings and keep the value in the currancy of our country? They stear from Old people...shame shame!!
Musket32405 3 years ago
How did I know the dope in the hideous bow tie was a Fed supporter? Ron Paul has been right on this issue for the last decade. Austrian school of economics folks is the only school. Keynsians are fools. Obama and McCain don't have a fucking clue. Get rid of the Fed and NO BAILOUTS of anyone...that includes industry!
rdrake316 3 years ago 4
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Paultards!
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anarchyantichrist 3 years ago
Down with the Fed! Andrew Jackson eliminated his version of the Fed, and so did Thomas Jefferson. The Founders knew damn well the dangers of having a central bank in control of the economy. A central bank is anathema to liberty.
KobyBrandt 3 years ago 5
Clearly, Ron Paul should have been the nominee.
patriciaredstone 3 years ago 6
man talking heads are awesome. SHOUT LOUDER HE CANT HEAR YOUR MIC. Anyway, all our problems are Bushs fault and our Savior Obama will fix it next January
MarkG45 3 years ago
Exactly what solutions has obama proposed in regards to the monetary system? I havent heard him talk about it Once, not once! Obama wont fix anything, he is a member of the CFR dominated by the Rockefellers, who *as aaron russo let loose) want to convince people socialism is capitalism. THAT IS WHAT IS HAPPENING. The Economic collapse is planned, D rockefeller said 'all we need is the right economic crisis and the nation will accept the new world order' Wake the fuck up fool
MaNarchicDRAKE 3 years ago 5
I, for one, welcome our new socialist overlords. Bringing this country into the 21st century is not something to be afraid of.
MarkG45 3 years ago
Are you sure? These are the same men who are killing thousands in an illegal Iraqi war over resources. You want them to have total control of your life? I hope your kidding, they will come for you one day
MaNarchicDRAKE 3 years ago
WTF - Kudlow likes Gold? weird. I'm all for a commodities backed currency - but Kudlow is into it as well?
morlhzd 3 years ago
He's kind of bipolar. When something goes up he falls in love with it and when it goes down he trashes it. If gold dropped $100 tomorrow he would be yelling about how the dollar was back and the economy was saved.
thomasw78 3 years ago
if u could solve this problem with a printing press-IT would already be solved
that was great.
Sleeeeve24 3 years ago
Frasier's dad is again correct.
mrzack888 3 years ago
We are not "pouring money into the economy." We are merely lower the value of current dollars.
"The most important role money plays is that of a medium of exchange. It also
serves as a measurement and storage of value. Money, according to Mises, must
originate in the market as a useful commodity in order to function properly." - Ron Paul
rflosi 3 years ago
over-all one of the best youtube videos i've seen. It is so nice that we are begining to see more and more financial experts having great positive dialogue with Dr. Paul.
sman777 3 years ago 2
Dave Kotok is not a friend of free markets. his whole investment strategy relies on constant changes in inflation. This is why he is PRO-FED. Stay away from Cumberland Advisors.
sman777 3 years ago
Ron Paul gallantly deals ownage to the panel.
utubesucks2003 3 years ago 7
Nice verbage.
gangstarphil 3 years ago
It's the Fed that's caused the disfuntion!!!!!
RXTRUX1 3 years ago 2
The Rothschild Family created the US Federal Reserve.
manufacturedthought2 3 years ago 3
More acuratelyit was The Rockefellers and The Morgens. But the idea is the same. Rich bankers taking control of the nations money supply.
mickeysears 3 years ago
ron paul is an idea
blargen3141 3 years ago 4
Every Fiat "dollar", more like a "bill of credit" must be borrowed into existence, each "dollar" represents a legal notification of a debt. I must wonder why so many think that our Fiat System will have a different fate then all previous ones in history, they all fail because, by their very nature, the massive, exponential debt becomes irreversible and reaches a point that it consumes all economic productivity and profitability.
republicae 3 years ago 2
This is especially true when you alsohave the caveat where just by the printing of it, you have to pay me interest. I would love the ability to say "OK, I will just print $300 Billion out of thin air and you have to pay me 3% per year on that money." Damn, I would be printing money all day. Which is basically what is being done now.
mickeysears 3 years ago
You cant solve it with a printing press. Be careful with the gold standard. They all ready stole all of that. I think a congressional monetary policy is the best chance we have of taking off the cement boots. I would take the tally stick. It worked for over 700 years! And yes it is DOCTOR Paul, Congressman Paul. My favorite is going to be Mr. President!
scottthrees 3 years ago
Why would you vote for macain over ron paul?? WHY???
ckny21 3 years ago 5
i ask that same question everyday. im stumped. ive come down to one single answer. people are stupid
bandog87 3 years ago 3
The guy who made the "argument" against a gold standard by pointing to the CA gold rush misses the point. Inflation was confined to a relatively short time and a limited area...and there is a natural limit to how much inflation can come from gold. There is no limit to paper money inflation other than a total bust or hyperinflation and total destruction of the currency for the entire country as people no longer value them at all.
ParadiddleMcFlam 3 years ago 2
what did that one guy with the awlful hair dye job mean by "we had a gold standard in the 1980s"??? Did I misunderstand him and he really said 1880's??? I mean what a clown. Every fiat currency has collapsed eventually.
rdrake316 3 years ago 4
Go Ron!! Ron Paul know more then all these fools
OneVisionProductions 3 years ago 5
bernenke is devaluing the dollar on purpose! cant anyone see that? they are trashing down the economy to get you slaved! it sounds all so abstract because its dealing with numbers and figures but, your actual existence is at risk! imagine you are in the jungle right now and have to fight for your existence, it is the exact same thing now, you are at threat right now on the same scale. do what you can to fight these bastards!
wdcsucks1 3 years ago 4
One cannot pin this elaborate hoax on Bernanke alone. Remember the Federal Reserve Act was ushered in in 1913 and the other illusions and hoaxes the elitists have perpetrated have been going on long before that.
dhprince 3 years ago 3
Man would I love to see Mccain on this panel:)
bgabbs69 3 years ago 8
All McCaine would be saying is "um's and ah's".
JackKovack 3 years ago 3
Lol! It would be great to see all of america and his idiot supporters see how stupid that man really is.
bgabbs69 3 years ago
He's too busy trying to find Tehran on a map of Indiana.
dhprince 3 years ago 2
aaaaaaahahahaha, quote of the day!
hagenttzd 3 years ago
Then he finds Terre Haute and bombs it instead.
dhprince 3 years ago
where's that idiot luskin?
nyrangerfan1 3 years ago 3
wow.... all of a sudden all the puppets have to recognize Ron Paul... he is an economic prophet who has been predicting this for years... yet all the GOP sheep voted for McCain... I am ashamed of my party for giving the upcoming election to Obama
npohlman95 3 years ago 3
no shit, im right with you. but i dont think it was the actual voters that got RP out, i think it was the big guys in DC that HATE true American freedom, liberals & Republicans
alwaysending 3 years ago 3
a doctor, an economist, a philosopher and an athlete, and of course a revolutionary.
he is a true renaissance man.
feeknocks 3 years ago 6
Mr. Paul?
Get it right Kudlow! It's DOCTOR Paul!
Asshat!
bilabrin 3 years ago
It's always irritating to me when they call him Mr. Paul, instead of correctly refering to him as DOCTOR Paul too bilabrin! Even Congressman Paul would work.
bazookafluke 3 years ago 5
RON PAUL ONLY HOPE!!! ronpaul2008 . com
RON PAUL RON PAUL MAKE LOVE NOT WAR !!!!!!
BUSH, McCAIN ONLY WAR IN BRAIN!!!! ronpaul2008 . com
LET'S STOP RECESSION ONLY HOPE IS RON PAUL!!!! DONATE DONATE DONATE !!!!! ronpaul2008 . com
START IT TODAY Buy "The Revolution: A Manifesto" by Ron Paul
SaveUsRonPaul 3 years ago 2
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The gold standard and the Great Depression. The current judgment of economic historians (see, for example, Barry J. Eichengreen, Golden Fetters) is that attachment to the gold standard played a major part in keeping governments from fighting the Great Depression, and was a major factor turning the recession of 1929-1931 into the Great Depression of 1931-1941.
sportsstar69 3 years ago
The Fed was founded in 1913 the the USA has been going downhill ever since. The 1929 stock market crash was fabricated to make rich people richer and it worked. The Fed is a criminal body and this cannot be fixed as long as the Fed exists.
paultherolls 3 years ago 3
Gold is not a panacea for economic problems, BUT it is one good feature out of many good features for sound economics.
Mechyuda 3 years ago
One reason for the confusion is that a "gold standard" merely means a return to commodity money. It doesn't depend on everyone having gold coins, it merely denominates currency standards in a common reference point: "units of gold".
It works because it removes political chicanery from the money supply. Fiat currencies foster political manipulations, with disasterous results.
A "gold standard" will not solve every problem, it will just solve one really big one.
CurtHowland 3 years ago 2
"Argentina would be the center of the world economy!"
Exactly. Printing money does nothing but bury an economy in worthless paper.
If printing money created wealth, Zimbabwe would be in great shape, too.
CurtHowland 3 years ago 2
google campaign for liberty
donatefreedom 3 years ago 2
Returning to the gold standard would be one of the biggest mistakes we could ever make..it sure is easy for these guys to criticize when they don't have to be responsible for the decision..These guys are Monday Morning Quarterbacks at best
sportsstar69 3 years ago
Not at all. A "gold" standard would hit like an earthquake, true, because it would be undoing the bubbles and idiocy created by the last 90 years of fiat currency.
The Great Depression didn't happen on a gold standard. It happened after the Fed was established. Inflation has been rampant ever since the Fed was established. Fiat currency is causing this disaster, returning to a commodity standard cannot do anything but good.
CurtHowland 3 years ago
earthquakes are generally not a good thing..and there will never be another depression...things are not the same as they were back then
sportsstar69 3 years ago
There will never be another depression? Really?
I would rather not depend upon wishful thinking. Remember that the Federal Reserve was established, so they said, to prevent depressions. There have been three since.
It didn't work. Scrap the Fed.
CurtHowland 3 years ago 4
If Ron Paul was on the ballot this November, I'd vote for him. Unfortunately, he's not...and write in votes will NOT count. Instead, I am voting for Bob Barr.
genetrosper 3 years ago
You have a point. The days of the write in vote have been manipulated out. When Bob Barr was in Congress, I thought he was one of a handful, including Ron Paul, who deserved to keep their seat. Ron Paul has done such a service to this nation bringing the Fed to wide attention. People won't read books but they will pull up You Tube or Google Aaron Russo. That is a start.
grevantime 3 years ago
All Fiat Money fails due to its very nature since every single "dollar" must be borrowed into existence and all debt must then be paid by Fiat "dollars" which is simply more debt to pay debt the entire economic system gradually becomes insolvent. Our national debt must be paid by borrowing more Fiat "dollars" to pay down that debt.
It is mathematically impossible for such a system to continue indefinitely.
republicae 3 years ago 2
Chief Justice Salmon P. Chase in Hepburn v Griswold, 8 Wallace 603 was, by far, the perfect Judicial Decision on the subject of paper bills of credit which we now know as Federal Reserve Notes.
Ron Paul is absolutely correct, and if this country continues to allow the FED and this government to manage the economy and the money then we will suffer the same fate as all others who depended on fiat money: ECONOMIC COLLAPSE!
republicae 3 years ago
it is not too late. write in Ron Paul in Nov.
cv1122 3 years ago
Keynsian commie scum like the guy in the green bowtie deserve the guillotine. Ron Paul is a saint amongst the pathetic lowlife criminals in congress. Hope McInsane kicks the bucket and Barrack is outed as a CFR commie and Paul gets the presidency.
krug24 3 years ago 2
Great. It's almost impossible to deny Paul has been right all along with everything that's going on!
malakai0 3 years ago 3
What a silly tag line it had on the screen: 'Dollar up .51% against the Euro'
elboertjie 3 years ago
love you ron
spanishaustralian 3 years ago 3
Actually the Federal Reserve is unconstitutional. In Article I, section 10 the Constitution states, "No State shall ... coin Money; emit Bills of Credit; make any Thing but gold and silver Coin a Tender in Payment of Debts; ..." So if a state accepts Federal Reserve notes as payment for taxes they are violating the Constitution. We've been violating the Constitution for so long insofar as the monetary system is concerned that people regard it as normal.
rwilb2 3 years ago 7
im trying to sue the american government for $500 trillion on that very point.
SirFinklebottom 3 years ago 2
Why? It's not like that $500 trillion is backed by anything and if you won the dollar will have already collapsed.
dhprince 3 years ago
well said.
cv1122 3 years ago
Oh no! Dr. Paul in a shouting wall lineup? Some of the others made sense, but I hope he doesn't do that again.
JiveDadson 3 years ago
Why not? He did great and 4/5 of them actually agreed with him.
thomasw78 3 years ago 5
Paul/Ventura 2012
Liberals want to be your Mommy.
Conservatives want to be your Daddy.
Libertarians want to treat you like an adult.
atrickpay11 3 years ago 5
Whenever everyone is in trouble, they turn to Ron Paul to explain it.
Campaign For Liberty
RundoeTX
rundoetx 3 years ago 6
I wish libertarians were more united. I hope the Ron Paul Revolution can keep moving forward and won't disolve. Cause in the end its going to be us against the centralized planners. They definately have the upper hand right now when it comes to controlling information and education.
johngonole 3 years ago 4
In my state, there are liberty and limited government organizations starting that are helping Ron Paul Republicans get elected. In two years, you are going to be seeing many people getting elected to state and Fed positions.
blx2000 3 years ago 2
Electing Ron Paul Republicans is great but there really is noone out there that can match Paul's track record or his integrity. We need him to keep fighting and he will.
thomasw78 3 years ago 5
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People are waking up!
Fabyfakid 3 years ago 2
It's pretty wild (and awesome) to see these issues being discussed seriously on national television.
RandolphCarter777 3 years ago 6
It's about damn time.
dhprince 3 years ago
OOOOhhh, whats going to be announcement in September?
babaprad 3 years ago
These guys are speaking in their own best interest not the nations.
The Founders put limits on government power because they knew that the power would run wild. As long as there is a Fed., it will not run well. Republicans want to give power to Republicans and Democrats want to give power to Democrats, but the power they give will one day go to the oposite party. The power you give to a good Fed will be used by a bad Fed.
tomrdee 3 years ago
That gold rush thing is a poor example.
150 years ago in California a prospector with a bag of gold would go into a town and he would have nowhere else to go. He had to pay high prices or starve. Today, he could spend his gold worldwide. There would be no local high inflation.
tomrdee 3 years ago 3
ron paul is too intelligent to ever be elected. people have their heads up their asses. that said, i'm going to start sporting an enormous green bow tie so i look like a fucking christmas present. what an ass.
sponk2007 3 years ago 11
lol
thomasw78 3 years ago
I spit milk on my laptop when i read your comment. +1 for you. GD thats hilarious.
mmarietta1 3 years ago