They say a vote for Ron Paul is a vote for Barack Obama, but

[FallenWyvern]

Sorry that really pissed me off.

Why do you think a private organization away from the government with no oversight run by private bankers should be allowed to CREATE OUR CURRENCY?

Paper is worth nothing, and no one should set its value.

The constituion said very specifically the state shall only coin money not create it.

The people who did that alsio were ones that printed it before and they saw what happened. Every paper currency has failed to date.


Ya you know what a gold standard wont work 100%. But you cant have the people who runthe federal reserve a bunch of internationl bankers set the wealth and have this whole system created around credit and borrowing money.

If oyu read about ron paul he talks abot letting gold and silver compete against "money." That way they cant keep printing.

The reason the federal reserve was created is it was a partnership between 2 sides. 1 side the politicians realized they could be popular by printing money and being able to do more without paying taxes while the other side realized the POWER THEY HAD WHEN THEY WERE ABLE TO CONTROL AND ISSUE A WHOLE NATIONS CURRENCY.

You cant give them to much power and it always gets abused. The dollar is worth 4 cents what is was years ago. Anyone with any brain can figure out this interest based system and it only ends in debt everytime. Your dollar is always worth less then the new inflated one and wages never keep up.

The people behind this are the same people who desire a one world government, that way there is 1 bank, 1 currency, no borders and they are in complete control as they issue the currency.


Maybee you fail to realize the textbooks you read were also streamlined from the same people who control the banks, who control the media, and own the organizations who write the textbooks.

GO read up on Austrian economics also one of ron pauls idles. Ludwig Von Mises.

History does repeat it self and there is many who have learned throughout history the result of what happens when you giver the government 100 % power to CREATE not coin money.
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“I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.” Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)
3rd president of US (1743 - 1826) These are the words from one of the most influential presidents to ever serve “our country” in the White House and one of the authors of the declaration of independence."

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So what you are saying is we should give a cartel (resvere) 100 % power to creare and issue are money. What happens when it all crashed. We have nothing paper is worth nothing its an old trick.


GOld stanhdard 100 % is not reasonable but you cant outlaw gold and silver as valid currency. The problem is you cant create this system of credit and debt which is never paid back thats not real prosperity.

When your borrowing money its different. Imagine if we had gold coins, we would have never invaded iraq we couldnt afford it.

Look at history many times governments have had to try to finance wars to get a world empire by using paper money to print it off and everytime it fails/

The federal reserve is the worst thing that happend tothis country and they took al the real wealth which was the peoples gold and took it.

Its even worse now they have the power to inflate or deflate based on a computr system by creating digits. This is what causes these stock market crashes and bubles. YOu have this whole system based on fiat money and "credit". You should not just be allowed to create credit like that.

As i said anyone who gets the power of this always abuse it. Politicians like it cause they can abuse it to pay for things without tax and the federal reserve loves it for the power they gain. In the end it only means 1 thing which is a giant crash and a reversal back to gold.

to summarize this post i think we can allow paper but as ron paul said, televize their meetings, make them accountable, and put gold and silver back as legal tender. That way people can call in the banks debt and have some real wealth they can choose what they use as currency and it stops the inflation.

Fractional Reserve banking is the worst, and when you outlaw gold and silver you give them 100 % control.

Facts: Yes, the Federal Reserve banks are privately owned, but they are controlled by the publically-appointed Board of Governors. The Federal Reserve banks merely execute the monetary policy choices made by the Board. In addition, nearly all the interest the Federal Reserve collects on government bonds is rebated to the Treasury each year, so the government does not pay any net interest to the Fed.

Facts: No foreigners own any part of the Fed. Each Federal Reserve bank is owned exclusively by the participating commercial banks and S&Ls operating within the Federal Reserve bank's district. Individuals and non-bank firms, be they foreign or domestic, are not permitted by law to own any shares of a Federal Reserve bank. Moreover, monetary policy is controlled by the publically-appointed Board of Governors, not by the Federal Reserve banks.

Fact: Independent accounting firms conduct full financial audits of the Federal Reserve banks and the Board of Governors every year. The Fed is also subject to certain types of audits from the Government Accounting Office.

Facts: The Federal Reserve rebates its net earnings to the Treasury every year. Consequently, the interest the Treasury pays to the Fed is returned, so the money borrowed from the Fed has no net interest obligation for the Treasury. The government could print its own currency independent of the Fed, but there would be no effective safeguards against abuse of this power for political gain.

Facts: The Federal Reserve banks have only a small share of the total national debt (about 7%). Therefore, only a small share of the interest on the debt goes to the Fed. Regardless, the Fed rebates that interest to the Treasury every year, so the debt held by the Fed carries no net interest obligation for the government. In addition, it is Congress, not the Federal Reserve, who is responsible for the federal budget and the national debt.

Facts: Kennedy wrote E.O. 11,110 to phase out silver certificate currency, not to issue more of it. Records show Kennedy and the Federal Reserve were almost always in agreement on policy matters. He even signed legislation to give the Fed more authority to issue currency.

Facts: McFadden was incorrect regarding the Fed costing the government money. However, later economic analysis agrees with him that Federal Reserve policy blunders had a substantial role in causing the Depression. However, his implication that this was done deliberately has no basis in fact. Moreover, for a dozen years prior to his rant, McFadden had been the chairman of the House subcommittee that oversaw the Federal Reserve. Why didn't he do anything to reform or abolish the Fed while he had the chance?

Facts: The banking system is indeed able to create money with a mere computer keystroke. However, a bank's ability to create money is tied directly to the amount of reserves customers have deposited there. A bank must pay a competitive interest rate on those deposits to keep them from leaving to other banks. This interest expense alone is a substantial portion of a bank's operating costs and is de facto proof a bank cannot costlessly create money.

Fact: The term 'lawful money' does not refer to gold or silver coin, but to types of money which the government would permit banks to use when tabulating their reserves. These types of money included, but were not limited to, gold and silver coin.

BY: Edward Flaherty, Ph.D. Department of Economics College of Charleston, S.C.

[SnaX]

The election will be between Obama and McCain, Ron Paul won't be on the ballot in November 2008.

You can still write his name in.

[bigt10]

All i know if you give a party to much power they abuse it.

To the gun guy go read a creature from jekyl island.

the people who created the reserve were private bankers and war criminals not idols like thomas jefferson or fore fathers.

they also paid people off to create it and voted it in on dec 22 1913 or 1912 when all the senators were on holidays.

Go read some books by Ron Paul, Ludwig von mises, and G Edward griffin and tell me its a good thing and we should trust these people to do it.

The thing is you cant trust anyone. Absolute power absolutey corrupts and the power always gets abused. Thats why no one no organization should be allowed to create money to pay their bills cause it always gets used for the wrong reasons and purposes.

[FallenWyvern]

Have Libertarian ideals have been reduced to conspiracy theories, pot advocates and tax evaders? Those ideas won't become mainstream. Seems like the direction has changed from the original.

I kinda see how the pro steroid view fits in there too.

[pay tribute]

bottom line is we can't afford what we are doing. IF we are going to help Iraq, why have we turned our back and ignored slayings of other nations probably more severe than what Sadam was doing. Iraq was not a threat to us. If anything we should be focusing on afghanistan, but first understand why they attacked us in the first place.


The billions of dollars getting torn up supporting this war ever second, (which is for oil), could be spent on research for an alternative fuel source.

What if the concept of being there DOES prevent future terrorist attacks on the US? If another 9/11 occurred, the democrats would be licking Bush's nutsack.

The ulterior motive of searching for oil may be another reason for this war, but it's necessary.

Just my thoughts.