Ron Paul on the Federal Reserve and FEMA

August 1988 http://www.amazon.com/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww.... Watch the full interview: http://thefilmarchived.blogspot.com/2010/09/ron-paul-on-banking-industry-fede...

Ron Paul sees the creation of the Federal Reserve, and its ability to "print money out of thin air" without commodity backing, as responsible for eroding the value of money, observing that "a dollar today is worth 4 cents compared to a dollar in 1913 when the Federal Reserve got in."

In 1982, Paul was the prime mover in the creation of the U.S. Gold Commission, and in many public speeches Paul has voiced concern over the dominance of the current banking system and called for the return to a commodity-backed currency through a gradual reintroduction of hard currency, including both gold and silver. A commodity standard binds currency issue to the value of that commodity rather than fiat, making the value of the currency as stable as the commodity.

The Federal Emergency Management Agency, or FEMA, is an agency of the United States Department of Homeland Security, initially created by Presidential Order on 1 April 1979. The primary purpose of FEMA is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities. The governor of the state in which the disaster occurs must declare a state of emergency and formally request from the president that FEMA and the federal government respond to the disaster. FEMA also provides these services for territories of the United States, such as Puerto Rico. The only exception is when an emergency or disaster occurs on federal property or to a federal asset, for example, the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma City, Oklahoma, or the Space Shuttle Columbia in the 2003 return-flight disaster.

While on-the-ground support of disaster recovery efforts is a major part of FEMA's charter, the agency provides state and local governments with experts in specialized fields and funding for rebuilding efforts and relief funds for infrastructure, in conjunction with the Small Business Administration. FEMA also assists individuals and businesses with low interest loans. In addition to this, FEMA provides funds for training of response personnel throughout the United States and its territories as part of the agency's preparedness effort.

In 1997, James Bovard criticized FEMA for not following and subsidizing rebuilding in places that are vulnerable to natural disasters, asking, "[D]o we really want to help rebuild homes and government property in areas that should never have been built on in the first place?" He also claimed that localities are less likely to fund their own snow removal if they know the federal government will bail them out in the event of snow emergencies. Moreover, he said that FEMA is used by incumbent presidents to shore up political support. The Cato Institute's Handbook for Congress argues that private companies could perform the tasks carried about by FEMA, and that this would encourage home construction in safer areas: Any time there is a natural disaster FEMA is trotted out as an example of how well government programs work. In reality, by using taxpayer dollars to provide disaster relief and subsidized insurance, FEMA itself encourages Americans to build in disaster-prone areas and makes the rest of us pick up the tab for those risk decisions. In a well-functioning private marketplace, individuals who chose to build houses in flood plains or hurricane zones would bear the cost of the increased risk through higher insurance premiums. FEMA's activities undermine that process. Americans should not be forced to pay the cost of rebuilding oceanfront summer homes. This $4 billion-a-year agency should be abolished.

FEMA does encourage disaster victims to reduce future losses by considering "taking steps to rebuild safer and smarter", advising them to: * Take measures to reduce losses in the future; * Encourage community to participate in National Flood Insurance Program (NFIP); * Consider buying flood insurance.

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[losplatosdemaria]

Vintage Paul!!! (Notice, he's still saying the SAME THING today?)

[lizardfirefighter110]

This video should be part of all High School curriculum.  They were talking about the passage of REX 84. Think about it, now we have Presidential Directive 51. What is on the horizon? I will give you a clue; it has something to do with 17+ % unemployment. Despite what Obama wants us to believe the economic tsunami has not arrived yet. Paul looks 10 years younger in this video and the guy said prison camps.

[Eye2EyeIIIV]

Ron Paul = the ONLY candidate with an honorable past!

[brigitfey]

This is THE smoking gun to convert any thinking person.

[24orie]

This shows us how much we have to go. It is a fight, and the Government and powerful groups know this. Our laws are set up to protect them from ourselves.

[MsTruthseeker9]

Ron Paul = Amazing

[TinsmanTV]

I wish Ron Paul would've been elected way back when but maybe it's most important we elect him NOW!!!

[crashmidget15]

i wish interviews were still respectful like this....

[QofLife69]

no politician currently can say they've been saying the same thing for as long as ron paul.

[myfabien]

I seriously want to LIKE this Video 1 Trillion times.... 

[TheGreatDeciever55]

If we had the PUBLIC regulating the FED....they wouldnt even be able to send the first check to treasury...its cuts it off completely