Part 8 Ron Paul and Michele Bachmann at University of Minnesota
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Ever since the dollar was removed from gold there has been a steady and increase supply of cheap imports. This has gone hand and hand with shipping good quality US jobs overseas. First Hon Kong, Then followed by Japan, S. Korea, Taiwan and know China.
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"Gold has no intrinsic value; it's just a shiny metal."
lol What an idiot. So the most malleable and ductile conducting metal on earth has no intrinsic value? News to me. That would also probably be surprising news to every electronics manufacturer in the world, every watchmaker, every cable-layer, and all the world's space programs.
2 years ago 3
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I was there!
2 years ago 2
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i think i just blew my pants
Yeeeahhhh goooooo RRRoonnn
2 years ago 2
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I've always liked the idea that Arthur C. Clarke mentioned of a currency that was backed by kilowatt-hours. That's certainly an intrinsic value.
-jcr
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RP 2012 baby..........
2 years ago 2
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you guys know what?? Ron Paul is reallly starting to gain ground after the total F-UP of both of the Ridiculous and Moronic Parties...maybe Libertarians will reign in 2010 if we work really hard. I switched!!
2 years ago 2
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Great video. Dr. Paul was spot on with his answers. We can't let them muddle this bill up and sweep their shady activities the rug again like they did in the 80s. What the Fed has been doing for the last half century would be viewed as criminal (to say the least) if it was done by an average citizen, so why do we let the Fed get away with it? This bill needs to pass in its original unaltered form. End The Fed!
2 years ago 2
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gold has a lot of value in microelectronics... but i like the wristwatch reply... go RP'12
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Ron Paul for pres!
LiveFreeOrDieNow 2 years ago 5
Paul snickers at the "Don't you think we all should be allowed cheap money."
The real answer is NONE OF US should be getting cheap money. The market should set the interest rates, not the fed.
dtaijo174 2 years ago 4