SR 12 Media Hits & Misses, March 15, 2010.mov

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Uploaded by on Mar 16, 2010

From the big TVA dam at Muscle Shoals, Alabama, we praise or critique economic utterances by Charles Krauthammer, Barack Obama, David Horowitz, John Stossel, Ron Paul, Ludwig von Mises, Lewis Lehrman, Dick Morris and Glenn Beck.

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Uploader Comments (bstill3)

  • Another great video. Although I am a Ron Paul supporter because I have yet to see anyone in our government with as much knowledge and least corruption(if any) as him. I think it would be awsome if you guys had a friendly debate over monetary policy.

    Quick question, you guys advise people to invest in gold and silver in times of economic hardships, where could I go to completely understand how to do this? I am skepticle of just buying gold off the internet...

  • @fupasack2 Ron Paul is among that small group of highly principled Congressmen. I've met him. I love the guy. However, he is dead wrong with his gold-backed money. He thinks gold backing can control the quantity and put that control somehow in the hands of Congress. The entire purpose of my film is to show that history has shown this has NEVER been the case. I've asked him for a meeting so we can hash this out and get on the same page. He has not responded.

  • Ron Paul is for the constitution, i.e. gold; however, he has written and said that he much rather prefers a basket of currencies system. As to the quantity of money or investment vs savings, this is determined by interest rates, set by the free market. I personally love Thomas Woods lectures on Austrian Economics and the time coordinating function of interest rates. I propose to you why can't free market interest rates and no fractional reserve banking, determine the quantity of money.

  • @lethalkungfu Ahem, gold is NOT Constitutionally mandated! The Constitution says NOTHING about gold re: the federal government. The ONLY mention of gold is Article 1, Section 10 which speaks only to states, AND, has never been applied. Article 1, Section 8 orders Congress ALONE to regulate the Value of money. Regulating, means controlling the quantity. If you leave the Quantity to the "free market" you get what you have right now. Either we control the quantity, or the bankers will. Your choice.

  • @lethalkungfu why would you want the government to force you to hold shares of a commodity index fund? talk about a convoluted mess of managing money supply and special interests. you have the freedom to do that now in the true free market of commodities. you even have the freedom now to buy a basket and throw a bunch of commodities in it of your choice. what you and ron paul propose violates libertarian principle.

  • @jeepndesert I do not support forced holding shares of a commodity index fund.

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  • @bstill3 RP has not responded, still not?

    Damn, I really like him, but he seems to be kind of like an old donkey - as they say: An old donkey wont learn new tricks anymore (freely translated from a german proverb).

    Still, would be cool, if you got your meeting after all.

    thanks.

  • @bstill3 Bill have you ever met with Schiff or any of the Von Mises crowd (Tom Woods for example). Your reports and blogs have lead me to doing more research into gold backed money, and now I am convinced that a gold backed monetary policy is NOT the way to go. I still consider myself a supporter of Austrian School philosophy (savings, free markets, etc), just not based on the classical gold standard. One common belief we all share is - END THE FED. Thanks for all your excellent work.

  • The US Government offers SOVEREIGN USD$ that the private FED must purchase at FULL FACE value! Anyone can get 100% non-appropriated Sovereign USD$ at cost (free ship in the US). FED paid seignorage from these Dollars goes into the U.S. Treasury to PAY DOWN THE DEBT for the benefit of US Citizens. THIS IS REAL.

    I implore all Patriots worldwide to exchange FRNs for Sovereign $ beginning May 13th and spend en-mass on July 4th - INDEPENDENCE FROM THE FED DAY.

    Please pass it on!

    CitiZenPete

  • Regarding the Misses gold backing, I've often wondered why the Austrians would want to have gold held at a fixed price when they don't want price fixing in any other market. As a gold owner, I sure wouldn't want my price fixed by the Gov't.

  • 5*****.  Excellent!

  • Hey! My great grandfather engineered and built the Wilson Dam. Cool!

  • Still for President!!!

  • I sent you a personal message with a link to the file and some passages I found interesting, I hope you do too.

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