to ananiasacts: gold shouldn't be money because I or Ron Paul says so, gold arose out of the market. You need to take a class in Austrian economics and learn a little bit about marginal utility and why money must be a commodity. I don't appreciate lames like you acting like you even commenting on Dr. Paul. You are uninformed at best.
The reason that the taxing authority of our government is a better store of wealth than gold is because it is the government that enables us to use any currency--that prevents others from just taking if from you by force or fraud. If the government fails your gold won't be of much use. The taxing authority of the federal government came early in the 20th century. Before that it wasn't possible to back a currency with anything except a commodity (tobacco, silver, then gold.) Mr. Paul is wrong.
I USE to laugh at people who told me America was losing their rights Since they never explain how or why we are losing our rights I would laugh because to me it sounded like they didn't know what they were talking about. It was as if they heard someone said it before and now they just believed it.
BUT Ron Paul is the FIRST one to explain how and why we are losing our rights. I do not laugh now.
Think deeper if you will. What he wants is going back a century. Paper money is a good failure. The detachment of the old possession scheme using money management is an evolution. When can gold and money not take over necessities for majority of population? The market failed good so we would see a new light of the brilliant basic life. Look at our taxation and wars, economy should fail so we can reason to the corrupted authorities for owing lesser to our children. Change that is the way to go.
Reply to CILDLEFTBEHIND PART 2- More schools, with better budgeting abilities and lower per course fees would crop up. They would do so to take advantage of the potential capital. Unsubsidized they would have to also step up the education, finding new ways at a low cost, or succumb to extinction at the hands of another school which offers a better package
Libertarians like Ron Paul (and me for the most part) think that all people should be able to provide for themselves, and their families and their neighbors. Government should stay out of it completely. I have tried to live this way, and fortunately for me, I have been able to do so for the most part.
But there are great dangers in pulling this rug out from under people who cannot do for themselves.
Did you know that all these dollars Dr. Paul is talking about are morphing into euros. That is to say, dollars held by everyone are going into euros. At a discount rate. This may be too difficult for you to grasp. Look at Finland when they were in depression, and look at how their managed inflation helped them out of their depression.
Tamarlane, don't worry - social security money will dry up by itself, both in nominal and real terms. The dollar is already falling, and we are just beginning to foot the bill for baby boomer's retirements. Time to face reality - these programs need to be phased out.
I like Bush's reform ideas re: social security. Not his idea of course, but the idea that has been presented by him. Put everyone in the same program our congresspersons are in. Namely investments that provide for the future through their skillful management.
Paul wouldn't have ANY government program to provide for security in one's old age.Libertarianism.
Now , what we have left here, is, no money for social security since the IRS dried up. No money for the military, since they are all home now sitting on their thumbs.
But, he will throw money at all who opted out of ss to keep them off the streets?
First off, if we cut the personal income tax, our revenues would go back only 2000 levels. Second, the military ISN'T going to be sitting on their thumbs, they are gonna be patrolling the border for illegals and terrorists like they should instead of patrolling Iraq and Syria. Third, the LEAST we need to do is cut back programs and departments back to 2000 levels, mostly the ones Bush set up, because we don't NEED them
We agree. The progression of history is not good.
One can be right as rain, like driving down the correct side of the street towards someone driving directly at you going the wrong way. If you don't bend with the necessities of reality, you will have a head on collision.
I was young and idealistic once. I respect and admire your hopes and dreams.
As a matter of practical reality, I feel Dr. Paul is an anachronism, out of touch with the ramifications of what he proposes. It is over simplifying most everything. That is why he is not considered to be a serious candidate for this office. He is completely out of step with the progression of history.
So, I guess the bean counters will just have to find out just how much paper is "out there", get all the gold together and divide the ounces of gold by the number of dollars and that will be the value of gold.
You clearly do not know Dr. Paul's position on this issue.
Dr. Paul will simply reinstate President Kennedy's policy of producing an official UNITED STATES DOLLAR, to be issued in COMPETITION with the FEDERAL RESERVE NOTES that you refer to as a "dollar".
John Kennedy began this process in the spring of 1963.
He knows he will not be able to eliminate the entitlement systems. He only plans to turn the country in the right direction and begin phasing out those systems. If we cut the spending people will be able to keep more of what they earn and less people would live in poverty.
Hardly tax low income individuals? What about the inflation tax? The rise of cost if going up faster than the rise of low incomes. Even people on wellfare can't keep up.
Even low income individuals might pay 25% of their income to the IRS. This only counts as a small percent of the government income, but ultimately hurts the individual. If you also consider local income tax, property tax, sales tax, social security payments, etc., low income individuals, might end up paying close to half of what they earn as taxes. One would be much better off keeping more of his income and deciding how best to care for himself.
"Even low income individuals might pay 25% of their income to the IRS. This only counts as a small percent of the government income, but ultimately hurts the individual."
ULTIMATELY hurts the individual? tsycear, it IMMEDIATELY hurts the individual...
what you're saying is more than a little bit retarded, we don't need RP 50 years ago, we need him now, if you want to accept the reality of an America that is destined for endless war, corruption, poverty and human rights abuse, then change nothing, keep the govt. programs and be willfully ignorant of anything you can.
corruption, poverty and human rights abuse is part of being a human being. The Buddha retired to meditate under a fig tree when he discovered the existence of these things.
Do you live under a fig tree?
Do you think Ron Paul is the second coming of Christ, and can actually change all these things?
God did you listen to tsycear? Social security and medicare are at the BOTTOM of his list. Hell, I don't even think he wants to remove it, even though it's his philosophic goal. Out of principle, why WOULD you tax others to pay for your healthcare? But as of now, he's the ONLY guy, even out of the democrats, looking to SAVE social security. He just offers a solution for young people to opt out of the system.
It wouldn't since, first off, Ron Paul never voted to spend a single penny out of the Social Security trust fund. Second, the point of his "get out of Iraq and other nation's affairs" is that he'll tide over ALL the money into medicare and SS to save the system. He's not some cold-hearted asshole, and he's already stated he won't throw ANYBODY out in the streets. If you want a debate on PRINCIPLE that's another issue.
First, he would work out with the military a plan to bring home the troops from IRAQ as soon as possible. Then he would cut military spending. Then he would shut down the bases all over the world. Then he would WORK WITH CONGRESS to balance the budget, shut down the IRS, and allow young people tax credits or to completely opt of out any system.
Are you that pessimistic that our entire system would collapse and have people dying out in the streets if that happened?
Though I am not adamantly against our participation in the UN personally, leaving the UN doesn't rid ourselves of options of foreign relations. Ron Paul does not like the UN because it simply is an unelected group of officials to which we compromise our national sovereignty and intervene under their resolutions and interests instead of the interests of the American people. It simply goes against his foreign policy of non-interventionism
takadi, what you say is true. I just want to add that the UN is actually very clever in stealing national soveriegnty. the UN does not take the sovereignty itself. Instead, the sovereignty is transferred to agencies that the UN sets up - the World Bank, World Trade Organization, World Heath Authority, etc...
How about we just disband it? I'm sure no one would hold killing the most important people in each "important" countries against us. Cough cough. Surely won't provoke violence.
How much gold would be worth, like YOU said, we set the price based on what we agree on!
I believe the inherent value of anything is rooted in an emotional attachment to it. Gold and diamonds are shiny things that humans like to look at. That's their only real value!!
What ever you do, do not vote for this fraud. he will ruin our country by destroying the education system, which will lead to a dramatic increase in crime, and drug abuse, and our homeless population will sky rocket and become unmanageable.
When people are uneducated, or have no means to acquire education because Ron Paul removed the Pell Grants and the Staffords loans then they do not get good jobs, have low income and as a result crime rates increase.
When people have more money because they are not being taxed into the dirt for unconstitutional programs and mismanagement of funds, and when the value of the dollar goes up driving prices back down, funding for education will be more plentiful in a family.
Reply to CIlDLEFTBEHIND- Not to mention, if society became like you said (which it won't) in regard to college- would schools not lower their prices so that they could maintain the same amount of enrollment? Wouldn't they stand to seriously hurt by schools which have lower tuition costs if they did not? That is competition, and thats what polices a free market.
We have achieved some measure of stability for 75 years! Well hot dog. We have held back the dogs of chaos for 75 WHOLE years!! we should all eat milk and cookies for our bravery and intelligence.
I have no idea. All i would like to see is, like Paul says, a stable limitation to the amount of currency any given nation posesses, and transparency of the system.
But, this country has gold. Yes, fort knox. That's what it's original intent was, to hold our gold that the nation owned. But it has been stolen by the wealthy bankers.
European banks have thousands of tons of it. Also, tons are mined every year.
You don't necessarily need a set amount of gold, as long as you have other commodities (like silver) to serve as the common median of exchange. If you didn't have enough gold and silver, you could add copper, zinc or other metals for the small value coins.
you don't have to assign an artibrary value to gold, it's value is built into the effort it took to get it out of the ground, instead of just printing gold on your magical gold printing press.
the point of having the gold and silver is to have a set dollar amount. Inflation is the problem. Having a 1 dollar note from the government would still work. You could still use electronic and paper money assuming it is backed by the government to be a set amount.
a dollar last year does not equal a dollar today. 100 years from now (not exact but some time in the future) dollars will be of the value of pennies.
tenthtry, in theory, why would dollars need to be backed by the government?
Before the founding of our nation, the Spanish silver coin served in this country as money, and nobody needed the Spanish government to state it's value, it just had value based on it being a finite commodity of know weight.
he's talking about it being backed by gold/silver as dictated by government, but already that's assuming that they wouldn't issue more bills of credit than the amount of precious metals they had in their vaults.
Do you think other politicians do not like Ron Paul because he is smarter, more informed, and educated than themselves? He calls them out and they don't want to be embarrassed. If I were them I would be embarrassed. Most people don't want to be educated and understand economics. They really don't have a clue. Most people don't understand basic mathematics so how can we expect them to understand economics. It is beyond their comprehension.
This is an incredible enlightening video. Congressman Paul is a man of genuine integrity. Why would any TRUE American ever consider a vote for any other puppet candidate- Aren't you tired of the lies?
We have this video and many more plus loads of features for the grass roots movement in the new RonPaulLive(.com) toolbar. Get it share it and stay in the loop.
Why not just tie it to the price of oil or any other commodity? Why not create a universal global currency based on something scientific like say a single Joule of energy, something that can't be consumed and that is the same no matter where you are.
an oil dollar, joule dollar? That doesn't even make sense, silver and gold especially make the most sense to use as currency because the value of gold is backed by the amount of labor and effort that goes into acquiring it, and it's kept in circulation because you aren't going to burn it in your internal combustion engine.
Oil was intended as a flippant example. Gold and silver just seem very similar to oil in that they are natural resources that have become valuable, consumable commodities. We don't know how much of each there is in the world and the cost of labor and effort needed to extract them is highly dependent on technology and likely to change over time. Gold and silver are used in the manufacturing of electronics and hence they are consumed just like oil, only at a much slower rate.
The answer is that over thousands of years of history, gold and silver have consistently been chosen by the free market as the "money commodity". And all paper money eventually finds its way to zero. What Ron Paul proposes to do is to simply allow gold and silver circulate in the economy next to federal reserve notes. If you don't want to use it, you don't have to. If you do want to use it, you can. Everyone wins. The market will, again, choose what is money.
With the way inflation works, if I hold on to gold coins for my savings right now, and gold goes up in price (because the dollar is declining value), I have to pay a capital gains tax - even though the buying power of the gold may have remained exactly the same! So as punishment for avoiding the stealth confiscation of your wealth by the Fed, you pay a tax!
Get rid of the cap gains tax, and the sales taxes and allow gold and silver to be money.
Any set non-consumable commodity would work. You could not use oil but you could use other rare metals. diamonds are just carbon gold is gold.
Platinum, palladium, rhodium, gold, silver would work. You do not necessarily want something cheap such as copper because you want it to have high value and low weight.
I don't know much about this issue. If a large amount of gold is suddenly discovered or lost wouldn't that potentially have a negative impact on the economy? It seems strange to tie currency to a natural resource, especially resources that are used as raw material in manufacturing industries (consumable), that seems like burning money to pay for the heat of a fire.
Theoretically, a benevolent fed. should be able to create a stable currency that is more stable than any individual commodity, by targetting inflation on a basket of goods. The problem is that power corrupts, and you can not count on the fed. to stay independent of Congress. Also, deficit spending is bad in the long run, and the fed can not prevent that. A gold standard could.
i enjoy his specific "uh's" and "ohs." His are of a mind in thought...most politicians "uh's" and "ohs" are that of a man slipping up his memorization of a line. When Ron Paul reaches for a statement "uhhhh, ohhh, ummm" he doesnt give you rhetoric, he gives you facts, or an educated opionion.
how can anyone not want this guy as president I dont see anyone else speaking with this calirity and sound judgement Ron Paul you will be our next president!!
This is a good illustration of the public education provided to us is just a brainwash camp. Please teach your children the Constitution and how the economical system works. Even if you public school, provide them supplemental education that will supersede the brainwashing they are being conditioned to accept.
And I want a Republic too. I was promised it by birthright and I demand it now.
Join us at thisnovember5th dot com and cough up 100 federal reserve notes for the WIN! Dr. Ronald Ernest Paul, President of the United States of America
Comment removed
KenMacMillan 2 years ago
to ananiasacts: gold shouldn't be money because I or Ron Paul says so, gold arose out of the market. You need to take a class in Austrian economics and learn a little bit about marginal utility and why money must be a commodity. I don't appreciate lames like you acting like you even commenting on Dr. Paul. You are uninformed at best.
ronpaulplz 2 years ago
The reason that the taxing authority of our government is a better store of wealth than gold is because it is the government that enables us to use any currency--that prevents others from just taking if from you by force or fraud. If the government fails your gold won't be of much use. The taxing authority of the federal government came early in the 20th century. Before that it wasn't possible to back a currency with anything except a commodity (tobacco, silver, then gold.) Mr. Paul is wrong.
ananiasacts 2 years ago
I USE to laugh at people who told me America was losing their rights Since they never explain how or why we are losing our rights I would laugh because to me it sounded like they didn't know what they were talking about. It was as if they heard someone said it before and now they just believed it.
BUT Ron Paul is the FIRST one to explain how and why we are losing our rights. I do not laugh now.
I back Ron Paul 100%
ShionShinRa 3 years ago 11
Think deeper if you will. What he wants is going back a century. Paper money is a good failure. The detachment of the old possession scheme using money management is an evolution. When can gold and money not take over necessities for majority of population? The market failed good so we would see a new light of the brilliant basic life. Look at our taxation and wars, economy should fail so we can reason to the corrupted authorities for owing lesser to our children. Change that is the way to go.
beancube2008 3 years ago
Reply to CILDLEFTBEHIND PART 2- More schools, with better budgeting abilities and lower per course fees would crop up. They would do so to take advantage of the potential capital. Unsubsidized they would have to also step up the education, finding new ways at a low cost, or succumb to extinction at the hands of another school which offers a better package
unmovedbydeath 4 years ago
Nicely said
jbs4life1 3 years ago
Joekidd33- Well, it's not as if Ron Paul showed up yesterday and decided on his positions. He has been at it for the past 30 yrs.
And the sad thing is virtually no one in Washington has listened. :-(
We are the ones supposed to be in charge of holding government accountable- so technically we are to blame as well.
unmovedbydeath 4 years ago 2
I think that it is high time we take our freedoms back, and Ron Paul is the only chance we have to do it.
unmovedbydeath 4 years ago 2
The coming of dictator....wow do you hear him....for the scapegaot...
mbleek2001 4 years ago
Libertarians like Ron Paul (and me for the most part) think that all people should be able to provide for themselves, and their families and their neighbors. Government should stay out of it completely. I have tried to live this way, and fortunately for me, I have been able to do so for the most part.
But there are great dangers in pulling this rug out from under people who cannot do for themselves.
TAMARLANE 4 years ago 3
And that's when private charity comes in. =P
Shezmu 4 years ago 3
Tamarlane is not a troll.
IS a semioticist.
TAMARLANE 4 years ago
GEORGE WASHINGTON - "But maybe I could loan you one of my old suits, Ron!"
AmericanPatriot2008 4 years ago
Why is the government allowed to do what we're not allowed to do?
seapoidog 4 years ago
tamarlane is a troll. He's say utterly moronic things. Read all his posts he contradicts himself various times.
msanchez007 4 years ago
If I am a troll I am an unwitting troll.
Things are not all readily knowable.
For example:
Did you know that all these dollars Dr. Paul is talking about are morphing into euros. That is to say, dollars held by everyone are going into euros. At a discount rate. This may be too difficult for you to grasp. Look at Finland when they were in depression, and look at how their managed inflation helped them out of their depression.
TAMARLANE 4 years ago
Tamarlane, don't worry - social security money will dry up by itself, both in nominal and real terms. The dollar is already falling, and we are just beginning to foot the bill for baby boomer's retirements. Time to face reality - these programs need to be phased out.
elsegundo31 4 years ago
I like Bush's reform ideas re: social security. Not his idea of course, but the idea that has been presented by him. Put everyone in the same program our congresspersons are in. Namely investments that provide for the future through their skillful management.
Paul wouldn't have ANY government program to provide for security in one's old age.Libertarianism.
TAMARLANE 4 years ago
Except in a libertarian society, medicine would be cheap enough for everyone to afford. =P
Shezmu 4 years ago 3
Now , what we have left here, is, no money for social security since the IRS dried up. No money for the military, since they are all home now sitting on their thumbs.
But, he will throw money at all who opted out of ss to keep them off the streets?
TAMARLANE 4 years ago
First off, if we cut the personal income tax, our revenues would go back only 2000 levels. Second, the military ISN'T going to be sitting on their thumbs, they are gonna be patrolling the border for illegals and terrorists like they should instead of patrolling Iraq and Syria. Third, the LEAST we need to do is cut back programs and departments back to 2000 levels, mostly the ones Bush set up, because we don't NEED them
takadi 4 years ago 6
@takadi English your 2nd language? also how about 1900-1910 ish?
maj1kninja07 1 year ago
This guy speaks of truth, and is the only candidate that is obviously not corrupted!
Ackdacka 4 years ago 5
So Joe:
You seem to think all this can be changed if we elect the right president of the united states. One who wants to return to the good old days.
What about the Supreme Court members.
What about Congress.
No president can function alone. He must also bring along the Congress, and be successful with the Judiciary.
Ron Paul is unlike any congressperson, and unlike any Supreme Court Justice. How could he succeed?
TAMARLANE 4 years ago
The slow progression of changes since, say, Roosevelt started social security (our first socialist error), are not good. They are the hole we are in.
Where do you get I think it is good? Just not practical to try to get from square z back to square a in a short period of time.
TAMARLANE 4 years ago
We agree. The progression of history is not good.
One can be right as rain, like driving down the correct side of the street towards someone driving directly at you going the wrong way. If you don't bend with the necessities of reality, you will have a head on collision.
TAMARLANE 4 years ago
It makes it much easier for him to have an impact in the face of all the ineptness and corruption of his colleagues.
I don't see any leadership coming down the pike from the left or the right. We have dug a pretty deep hole for ourselves.
TAMARLANE 4 years ago
I was young and idealistic once. I respect and admire your hopes and dreams.
As a matter of practical reality, I feel Dr. Paul is an anachronism, out of touch with the ramifications of what he proposes. It is over simplifying most everything. That is why he is not considered to be a serious candidate for this office. He is completely out of step with the progression of history.
TAMARLANE 4 years ago
Think about it, the biggest irony of all is that diamonds and gold have little value besides decoration.
Diamonds have great application in things like saws and lasers, but most of their value comes from being shiny and pretty!
Same with gold! It's shiny and pretty! How hilarious is that??
bpnunez 4 years ago
so if US dollars were printed on shiney paper, they'd never lose their value?
luke666808g 4 years ago
lol maybe! They would have to be printed on shiny metallic paper that is hard to find and hard to mine I guess.
bpnunez 4 years ago
Hey, if you want I can print those for you guys!
It's 50c per note, regardless of denomination! Great value for "money", huh?
AmericanPatriot2008 4 years ago
So, I guess the bean counters will just have to find out just how much paper is "out there", get all the gold together and divide the ounces of gold by the number of dollars and that will be the value of gold.
TAMARLANE 4 years ago
You clearly do not know Dr. Paul's position on this issue.
Dr. Paul will simply reinstate President Kennedy's policy of producing an official UNITED STATES DOLLAR, to be issued in COMPETITION with the FEDERAL RESERVE NOTES that you refer to as a "dollar".
John Kennedy began this process in the spring of 1963.
AmericanPatriot2008 4 years ago
We LOVE you Dr. Paul! you are amazing! no wonder you call yourself champion of the Constitution!! YOU REALLY IS!! ^_^
unobb 4 years ago
amazing. Ron Paul 2008.
boylebongo 4 years ago
In a more perfect world, more like it was in the 50's in the US, I would be excited about Dr. Paul.
Sadly, we no longer live in those simpler times.
Entitlement programs consume too much money now.
If you eliminate those entitlements, like Paul wants (but could never achieve), then crime would increase beyond our wildest dreams.
TAMARLANE 4 years ago
He knows he will not be able to eliminate the entitlement systems. He only plans to turn the country in the right direction and begin phasing out those systems. If we cut the spending people will be able to keep more of what they earn and less people would live in poverty.
tsycear 4 years ago 2
But we don't hardly tax low income people now.
It sort of sounds good, but the devil is in the details.
Remove social security benefits and all the old people will be up in arms.
Remove medicare and lots of people will be up in arms.
It is just too pat for this new millenium. Maybe 50 years ago we could have used someone like Dr. Paul, but not today.
Practical reality says his goals are impossible to achieve. He must know that himself.
r
TAMARLANE 4 years ago
Hardly tax low income individuals? What about the inflation tax? The rise of cost if going up faster than the rise of low incomes. Even people on wellfare can't keep up.
Radwar99 4 years ago
You're changing the subject a little,.
I was answering someone about the income tax.
inflation tax is the cost right now for our survival, but you may not agree, or understand that right now.
TAMARLANE 4 years ago
Even low income individuals might pay 25% of their income to the IRS. This only counts as a small percent of the government income, but ultimately hurts the individual. If you also consider local income tax, property tax, sales tax, social security payments, etc., low income individuals, might end up paying close to half of what they earn as taxes. One would be much better off keeping more of his income and deciding how best to care for himself.
tsycear 4 years ago
"Even low income individuals might pay 25% of their income to the IRS. This only counts as a small percent of the government income, but ultimately hurts the individual."
ULTIMATELY hurts the individual? tsycear, it IMMEDIATELY hurts the individual...
AmericanPatriot2008 4 years ago
what you're saying is more than a little bit retarded, we don't need RP 50 years ago, we need him now, if you want to accept the reality of an America that is destined for endless war, corruption, poverty and human rights abuse, then change nothing, keep the govt. programs and be willfully ignorant of anything you can.
luke666808g 4 years ago
luke
let's see here
endless war,
corruption, poverty and human rights abuse is part of being a human being. The Buddha retired to meditate under a fig tree when he discovered the existence of these things.
Do you live under a fig tree?
Do you think Ron Paul is the second coming of Christ, and can actually change all these things?
TAMARLANE 4 years ago
if we aren't going to try and change anything, then what the fuck are we doing here?
luke666808g 4 years ago
"endless war, corruption, poverty and human rights abuse is part of being a human being."
you should get that tattooed on your forehead before you head over to the government microchipping facility.
luke666808g 4 years ago
you are absolutely right. But should we just wait for Christ to come?
Christ wont fix these things either. The only way to "fix" them would be to create a new system. And the only way to do that is to end this one.
So if you are ready to die, just go die! Go into the woods and die. Otherwise, lets try to feel better about ourselves!
bpnunez 4 years ago
God did you listen to tsycear? Social security and medicare are at the BOTTOM of his list. Hell, I don't even think he wants to remove it, even though it's his philosophic goal. Out of principle, why WOULD you tax others to pay for your healthcare? But as of now, he's the ONLY guy, even out of the democrats, looking to SAVE social security. He just offers a solution for young people to opt out of the system.
takadi 4 years ago
What kind of a program would Dr. Paul have for all the homeless and alcoholic people out there.
This is a population that will EXPLODE if our young people opt out of social security.
TAMARLANE 4 years ago
It wouldn't since, first off, Ron Paul never voted to spend a single penny out of the Social Security trust fund. Second, the point of his "get out of Iraq and other nation's affairs" is that he'll tide over ALL the money into medicare and SS to save the system. He's not some cold-hearted asshole, and he's already stated he won't throw ANYBODY out in the streets. If you want a debate on PRINCIPLE that's another issue.
takadi 4 years ago
Let me see here, let's sort this out a little.
First Ron Paul would get out of the UN.
Then he would bring all the troops home from Iraq, and Korea, and Japan, and Afghanistan, and Germany.
Then he would shut down the IRS and allow young people to opt out of SS.
I don't think so.
TAMARLANE 4 years ago
First, he would work out with the military a plan to bring home the troops from IRAQ as soon as possible. Then he would cut military spending. Then he would shut down the bases all over the world. Then he would WORK WITH CONGRESS to balance the budget, shut down the IRS, and allow young people tax credits or to completely opt of out any system.
Are you that pessimistic that our entire system would collapse and have people dying out in the streets if that happened?
takadi 4 years ago 2
You forgot get out of the UN.
TAMARLANE 4 years ago
whoops
Though I am not adamantly against our participation in the UN personally, leaving the UN doesn't rid ourselves of options of foreign relations. Ron Paul does not like the UN because it simply is an unelected group of officials to which we compromise our national sovereignty and intervene under their resolutions and interests instead of the interests of the American people. It simply goes against his foreign policy of non-interventionism
takadi 4 years ago
takadi, what you say is true. I just want to add that the UN is actually very clever in stealing national soveriegnty. the UN does not take the sovereignty itself. Instead, the sovereignty is transferred to agencies that the UN sets up - the World Bank, World Trade Organization, World Heath Authority, etc...
AmericanPatriot2008 4 years ago
The UN building in New York should be blown up, and all of its occupants killed.
AmericanPatriot2008 4 years ago
How about we just disband it? I'm sure no one would hold killing the most important people in each "important" countries against us. Cough cough. Surely won't provoke violence.
RustythePirate 4 years ago 3
idiot
thelineofmypeople 4 years ago
"What kind of a program would Dr. Paul have for all the homeless and alcoholic people out there?"
Oh yeah? What policy does Hillary have for them? Is she going to give them all homes? What policy does McCain have for them? Romney? Obama?
Your question is based on a total false premise...
AmericanPatriot2008 4 years ago
Watching this video made me realize how much intelligent this man is and how much little do i know compare to his man. :(
shortfu 4 years ago
milk and cookies?
Sorry, I thought you were an adult.
TAMARLANE 4 years ago
Nope, im an infant.
How much gold would be worth, like YOU said, we set the price based on what we agree on!
I believe the inherent value of anything is rooted in an emotional attachment to it. Gold and diamonds are shiny things that humans like to look at. That's their only real value!!
bpnunez 4 years ago
What ever you do, do not vote for this fraud. he will ruin our country by destroying the education system, which will lead to a dramatic increase in crime, and drug abuse, and our homeless population will sky rocket and become unmanageable.
CildLeftBehind 4 years ago
The Education System has been destroyed a long time ago, why do think there IS an increase in crime rate.
msanchez007 4 years ago
When people are uneducated, or have no means to acquire education because Ron Paul removed the Pell Grants and the Staffords loans then they do not get good jobs, have low income and as a result crime rates increase.
Not too hard to figure that one out.
CildLeftBehind 4 years ago
When people have more money because they are not being taxed into the dirt for unconstitutional programs and mismanagement of funds, and when the value of the dollar goes up driving prices back down, funding for education will be more plentiful in a family.
unmovedbydeath 4 years ago
Reply to CIlDLEFTBEHIND- Not to mention, if society became like you said (which it won't) in regard to college- would schools not lower their prices so that they could maintain the same amount of enrollment? Wouldn't they stand to seriously hurt by schools which have lower tuition costs if they did not? That is competition, and thats what polices a free market.
unmovedbydeath 4 years ago
Ron Paul isn't doing anyone a disservice he's waking us up to reality
itsnobody 4 years ago
The value of money is in the people's acceptance of it in exchange for goods and services. Period.
When people lose confidence in their money, it is a harbinger for anarchy.
Remember, thoughts are things, you choose what you think, and Ron Paul is doing a disservice by casting doubts about the value of our money.
TAMARLANE 4 years ago
I guess you want that free lunch payed by printed money out of thin air eh?
Cause ultimately what you said is: I agree our money is worthless, but ssshhh don't tell anyone so they keep accepting it.
hazeee123 4 years ago 3
That's like saying, someone who points out that our house is burning down is doing us a disservice.
bpnunez 4 years ago
Yeah - shoot the messenger, why don't ya?
AmericanPatriot2008 4 years ago
If you want to promote Ron Paul in your neighborhood, get some Ron Paul Cards at LibertyCard . org.
ggadguy 4 years ago
the smartest man in the world is RON Paul....
kevin29chev 4 years ago 3
You don't need to be smart to know this stuff, you just need to be informed. I'm glad an increasing number of people are starting to show interest.
tuntitommosille 4 years ago 2
Is that CSI Miami guy???
Scattel2z 4 years ago
I think he looks more like Willem Dafoe.
chevymauler 4 years ago
Yeah - the Green Goblin from Spiderman.
AmericanPatriot2008 4 years ago
What would happen if everyone, EVERYONE, exchanged their dollars for gold and silver. All their paper money would now be gold and silver.
300 million people with little bags of gold dust, and silver coins.
Now, how would that work?
TAMARLANE 4 years ago
wouldn't need to buddy. You would just make it backed by gold.
If you have 100 paper dollars, Government would make sure you had its worth in gold. So you could trade in your paper for gold anytime u want.
bpnunez 4 years ago
Who would regulate the value of the gold/dollar, and where would you get all that gold?
Fort Knox???
LOL
TAMARLANE 4 years ago
Guiluiani, has it hidden. We'll just get it back from him.
Free Hugs from Tx
RundoeTX
rundoetx 4 years ago
just think about that!
The idea is to have real wealth. Instead of to arbitrarily assign a certain "dollar" value to everything.
bpnunez 4 years ago
The real value of money is what people THINK it is worth. What they are willing to pay, or accept,in return for said good or service.
TAMARLANE 4 years ago
exactly! So what happens if people are out of touch with reality? Then their system of thinking and valuing will be ungrounded.
Like, they might create value based on an emotion instead of an actual appreciation of something's value.
Dont u see the problem with an unchecked system of human-assigned value?
bpnunez 4 years ago
It has worked for 75 years, nunez.
There isn't enough gold out there to support a gold standard. Where is the gold,, nunez?
Who would establish an arbitrary, human-assigned value to the gold?
TAMARLANE 4 years ago
wow. 75 years. What an achievement.
We have achieved some measure of stability for 75 years! Well hot dog. We have held back the dogs of chaos for 75 WHOLE years!! we should all eat milk and cookies for our bravery and intelligence.
bpnunez 4 years ago
Where would you get the gold?
Who would set the value?
How much would an ounce of gold be worth?
TAMARLANE 4 years ago
I have no idea. All i would like to see is, like Paul says, a stable limitation to the amount of currency any given nation posesses, and transparency of the system.
But, this country has gold. Yes, fort knox. That's what it's original intent was, to hold our gold that the nation owned. But it has been stolen by the wealthy bankers.
bpnunez 4 years ago
"Where would you get the gold?"
European banks have thousands of tons of it. Also, tons are mined every year.
You don't necessarily need a set amount of gold, as long as you have other commodities (like silver) to serve as the common median of exchange. If you didn't have enough gold and silver, you could add copper, zinc or other metals for the small value coins.
CBound 4 years ago
"Who would set the value?"
No one person would. The free market would set the value based off of the quantity and usefulness of the medium of exchange.
CBound 4 years ago
"How much would an ounce of gold be worth?"
That would depend on the size of the coin and the free market price of the underlining gold.
Coins could just state the their weight and purity, that would allow for flexibility in their value depending on the free market.
CBound 4 years ago
you don't have to assign an artibrary value to gold, it's value is built into the effort it took to get it out of the ground, instead of just printing gold on your magical gold printing press.
luke666808g 4 years ago
Hei, I ain't got MILLIONS in gold in my safe, but at least I got THOUSANDS.
Rather have my gold than your paper.
AmericanPatriot2008 4 years ago
Right now we have the oil standard. Black gold.
See if you can figure out how that is true.
TAMARLANE 4 years ago
The gold they stole from Iraq.
dogwagger 4 years ago
the point of having the gold and silver is to have a set dollar amount. Inflation is the problem. Having a 1 dollar note from the government would still work. You could still use electronic and paper money assuming it is backed by the government to be a set amount.
a dollar last year does not equal a dollar today. 100 years from now (not exact but some time in the future) dollars will be of the value of pennies.
tenthtry 4 years ago
tenthtry, in theory, why would dollars need to be backed by the government?
Before the founding of our nation, the Spanish silver coin served in this country as money, and nobody needed the Spanish government to state it's value, it just had value based on it being a finite commodity of know weight.
CBound 4 years ago
he's talking about it being backed by gold/silver as dictated by government, but already that's assuming that they wouldn't issue more bills of credit than the amount of precious metals they had in their vaults.
luke666808g 4 years ago
You mean "fractional reserve" banking?
AmericanPatriot2008 4 years ago
yah what if the local governmets had to back ur money. That's the only way it could really work. So you could check up on it whenever u wanted.
bpnunez 4 years ago
Where's part 3?
Radwar99 4 years ago
I already edited it. Tried to upload it earlier, but my system is giving trouble. There is part 3 and part 4...
AmericanPatriot2008 4 years ago
Do you think other politicians do not like Ron Paul because he is smarter, more informed, and educated than themselves? He calls them out and they don't want to be embarrassed. If I were them I would be embarrassed. Most people don't want to be educated and understand economics. They really don't have a clue. Most people don't understand basic mathematics so how can we expect them to understand economics. It is beyond their comprehension.
hooverdog1957 4 years ago 3
Imagine any of the other candidates speaking on this topic, or George Bush, hilarious.
Go Ron Paul.
skdjfhskjhdf 4 years ago 2
wow wat wisdoms this man has...
jaychins 4 years ago 2
Ron Paul is an American Hero.
Honkyrappa 4 years ago 3
This is an incredible enlightening video. Congressman Paul is a man of genuine integrity. Why would any TRUE American ever consider a vote for any other puppet candidate- Aren't you tired of the lies?
We have this video and many more plus loads of features for the grass roots movement in the new RonPaulLive(.com) toolbar. Get it share it and stay in the loop.
RonPaulLive 4 years ago 2
What I really mean is: Why gold and silver?
Why not just tie it to the price of oil or any other commodity? Why not create a universal global currency based on something scientific like say a single Joule of energy, something that can't be consumed and that is the same no matter where you are.
cassiusi 4 years ago
an oil dollar, joule dollar? That doesn't even make sense, silver and gold especially make the most sense to use as currency because the value of gold is backed by the amount of labor and effort that goes into acquiring it, and it's kept in circulation because you aren't going to burn it in your internal combustion engine.
luke666808g 4 years ago
Oil was intended as a flippant example. Gold and silver just seem very similar to oil in that they are natural resources that have become valuable, consumable commodities. We don't know how much of each there is in the world and the cost of labor and effort needed to extract them is highly dependent on technology and likely to change over time. Gold and silver are used in the manufacturing of electronics and hence they are consumed just like oil, only at a much slower rate.
cassiusi 4 years ago
Historically Gold has had the most stable value. Imagine if we finally get off use of oil, there goes the currency.
Joule of energy....lol who knows. The constitution doesnt allow laws to be unnecessarily vague, I think that would probably fit.
Honkyrappa 4 years ago 2
>> Why gold and silver?
The answer is that over thousands of years of history, gold and silver have consistently been chosen by the free market as the "money commodity". And all paper money eventually finds its way to zero. What Ron Paul proposes to do is to simply allow gold and silver circulate in the economy next to federal reserve notes. If you don't want to use it, you don't have to. If you do want to use it, you can. Everyone wins. The market will, again, choose what is money.
scott715 4 years ago 3
>> Why gold and silver?
Also...
With the way inflation works, if I hold on to gold coins for my savings right now, and gold goes up in price (because the dollar is declining value), I have to pay a capital gains tax - even though the buying power of the gold may have remained exactly the same! So as punishment for avoiding the stealth confiscation of your wealth by the Fed, you pay a tax!
Get rid of the cap gains tax, and the sales taxes and allow gold and silver to be money.
scott715 4 years ago 3
Any set non-consumable commodity would work. You could not use oil but you could use other rare metals. diamonds are just carbon gold is gold.
Platinum, palladium, rhodium, gold, silver would work. You do not necessarily want something cheap such as copper because you want it to have high value and low weight.
tenthtry 4 years ago
Thank you all for your input.
Go Ron Paul!
cassiusi 4 years ago
I don't know much about this issue. If a large amount of gold is suddenly discovered or lost wouldn't that potentially have a negative impact on the economy? It seems strange to tie currency to a natural resource, especially resources that are used as raw material in manufacturing industries (consumable), that seems like burning money to pay for the heat of a fire.
cassiusi 4 years ago
Theoretically, a benevolent fed. should be able to create a stable currency that is more stable than any individual commodity, by targetting inflation on a basket of goods. The problem is that power corrupts, and you can not count on the fed. to stay independent of Congress. Also, deficit spending is bad in the long run, and the fed can not prevent that. A gold standard could.
freesk8 4 years ago
Ron Paul is doing great work. He got me interested in economics. I've read 5 books in the past few months.
Jeit 4 years ago 5
That's great news. Make sure you read "Free to Choose" by Milton Friedman. Or Hayek's "Road to Surfdom". These are true classics.
jortizz 4 years ago 3
more more no part 3... Im so sad now
grumpymoparman 4 years ago 3
Hi, this video is available in google videos. Search for korelin "ron paul".
kramkrish75 4 years ago 2
i enjoy his specific "uh's" and "ohs." His are of a mind in thought...most politicians "uh's" and "ohs" are that of a man slipping up his memorization of a line. When Ron Paul reaches for a statement "uhhhh, ohhh, ummm" he doesnt give you rhetoric, he gives you facts, or an educated opionion.
TyTrig 4 years ago 4
sooo ture!
venomxtc 4 years ago
I dont mind the uh uhs or and ands considering he is 72 years ago. His intelligence is pretty keen.
Arelius111 4 years ago 4
I wish Ron Paul could not trip up when he is talking so much. He says lots of "uh, uh, uhs" and " and, and ,and"s
It hard for the majority of Americans who don;t really listen to get behind him.
That being said we really need and educated and honest man like him in the white house.
travisalger 4 years ago
Wow the more I research this topic the more I see how brilliant Ron Paul is. Thank God he is running for president!
StorminNormin1977 4 years ago 8
how can anyone not want this guy as president I dont see anyone else speaking with this calirity and sound judgement Ron Paul you will be our next president!!
Takencxp 4 years ago 9
This is a good illustration of the public education provided to us is just a brainwash camp. Please teach your children the Constitution and how the economical system works. Even if you public school, provide them supplemental education that will supersede the brainwashing they are being conditioned to accept.
MtMayon1 4 years ago 9
That was a GREAT interview!
takadi 4 years ago 6
And I want a Republic too. I was promised it by birthright and I demand it now.
Join us at thisnovember5th dot com and cough up 100 federal reserve notes for the WIN! Dr. Ronald Ernest Paul, President of the United States of America
anyusmoon1 4 years ago 13