Gold hits $1,000
Special Assistant Don Rasmussen has posted an excellent analysis on his personal blog concerning today’s news that gold passed the $1,000 mark. Here’s an excerpt:
The AP article about gold breaking $1000 that is featured prominently on today’s Drudge Report comes tantalizingly close to getting to the root cause of this historic milestone before copping out with a false analogy about 1980 gold prices in inflation adjusted terms and then stopping short of saying it like it is.
The intentional debasement of the US dollar by the Federal Reserve is causing a flight of wealth out of dollars and into the safe harbor of real money.
What is real money? It’s anything that has intrinsic value and can be used as barter to procure goods or services. The US dollar is not, by definition, money. Its value is not inherent, it does not represent any tangible asset. It only has value based on perception and supply. If the supply increases (and it does everyday as the print and borrow orgy in Washington continues unabated), then the value goes down.
Read the rest of “It’s Time for America to Take its Medicine” here.
March 13th, 2008 at 12:31 pm
What are people going to say when the next big depression hits and they can’t get their money from bank accounts, etc.?
March 13th, 2008 at 12:41 pm
simple. US government hopes to help the huge debt by crushing the dollar. I read an article today that Bernake (unfortunately, in the opinion of the author) will go as low as 1% to “avoid a recession” and inflation will heat up of course.
In the worst scenario I will observe a complete crash of another empire (like what happened to USSR). Hovewer, the remains of titanical people who biult the beautiful country is still there and this will help you rebound
March 13th, 2008 at 12:42 pm
HS: They’re going to say “If only someone had told us this was going to happen!”.
March 13th, 2008 at 12:50 pm
I sure wish we had been buying gold all this time instead of wasting it on cash savings and mortgage payments.
March 13th, 2008 at 12:53 pm
Edward - You are right. Stay deaf until the crisis hits.
March 13th, 2008 at 12:55 pm
The 200 Billion they pumped in yesterday only lifted the market for one day.
oil @110.00 a barrel, gold @ 1000.00 oz. “Gee I wonder why?”
But my pay is still the same anyway.
March 13th, 2008 at 12:56 pm
When it happens, being so called rich, doesn’t matter. So there isn’t true comfort in financial status ‘these days’. I know of someone who was a millionaire with ‘maids’, ‘butlers’…parties, etc . The depression took over and then there was bankruptcy, broken family, pain and NOTHING left.
March 13th, 2008 at 12:57 pm
Ron Paul knows what he is talking about.
March 13th, 2008 at 1:02 pm
Straw poll on AOL, go and vote then pass along the link for other Ron Paul like minded voters. http://news.aol.com/political-machine/straw-poll
March 13th, 2008 at 1:12 pm
How about we have Ron Paul issuing a press release on today’s Gold event, and then having Daily Dose reporting the story from A/P or CNN Business. Better yet a press conference in front of the Federal Reserve building today commenting about Gold breaking $1,000.00. Come on Ron let us see you taking proper credit and explaining you need to be president.
Obama, Clinton, and McCain are all silent on these economic events of today because they have no clue what is happening or what to do. Stand out Ron like a light on top of a hill. On the other hand, salt of the earth. Let us go Ron.
March 13th, 2008 at 1:18 pm
Plant a garden, something tells me unless we get off this path, the grocery stores will not be accepting paper money any longer.
It is just possible this pendulum swing is just what the country needs to reevaluate what is important. We will soon find out how much it doesn’t really matter who wins the Superbowl or who Paris Hilton is dating. This might just be the reality check America needs. People will be forced to build tight knit families and communities that rely on good nature and hard work. Does it really matter if you have the 20″ rims on your pimped out ride if you can’t buy food?
March 13th, 2008 at 1:20 pm
What are the chances that Cavuto will come out on his show today and say…”It looks like Ron Paul was right…again”
I sure wish there was someone nominated by any party that actually could give us real “Hope” of getting out of this mess.
ITs time get Ron Paul’s economic reform bills up in front of congress and voted in! Who will have odacity to stand before their voters and flat out refuse to vote yes on the measures to cure this recession. If it would garner any publicity…I am sure we would see all of those shills voted out of office on their next election cycle.
Will McInsane or Obama support Ron Paul’s bills today? Someone needs to pointedly ask them this in an interview.
March 13th, 2008 at 1:24 pm
Like the common cold there is no cure for this recession, we just have to ride it out. But instead of listening to the good doctor (Ron Paul), accepting the fact we are sick (in a recession) and drinking our OJ (getting back to real currency) and getting bed rest (letting the market self adjust), we are still going to work with a runny nose and sneezing (spreading our debt) on our coworkers (Europe and Canada).
March 13th, 2008 at 1:35 pm
Will gold be outlawed like FDR did in 1933?
March 13th, 2008 at 1:38 pm
I don’t think we’ll ever see another depression, but I do think things are going to get significantly more difficult for the average American to survive at their current standard of living. Already, over extended families are walking away from thier extravegant houses; foreclosures continue to rise. The inability of the dollar to buy commodities continues to hammer family check books. It does look bleak if trends continue.
But we will prevail and this r3volution will not end in November. Indeed, it will take a long time for the economy to right itself, but we need to do our part by working diligently for Ron Paul. Tighten your belts, eliminate your debt and hang on for the next few years. We’ll look back on this era as the time when true, freedom loving Americans wrote their place in history.
Regards to all, and I enjoy all your comments and discussion. Even the trolls are entertaining (blinded by their own ignorance).
March 13th, 2008 at 1:44 pm
Today the principles are the same, but the process is quite different. Gold no longer is the currency of the realm; paper is. The truth now is: “He who prints the money makes the rules”– at least for the time being. Although gold is not used, the goals are the same: compel foreign countries to produce and subsidize the country with military superiority and control over the monetary printing presses.
Since printing paper money is nothing short of counterfeiting, the issuer of the international currency must always be the country with the military might to guarantee control over the system. This magnificent scheme seems the perfect system for obtaining perpetual wealth for the country that issues the de facto world currency. The one problem, however, is that such a system destroys the character of the counterfeiting nation’s people– just as was the case when gold was the currency and it was obtained by conquering other nations. And this destroys the incentive to save and produce, while encouraging debt and runaway welfare.
The pressure at home to inflate the currency comes from
continues on www.house.gov/paul
March 13th, 2008 at 1:50 pm
i saw this before…do not hold on dollars…buy other currencies, gold….now dolar is paper backed but nothing more than nothing…after 200 billions on the market what we can expect….it is no fear to many people…this is no good for savers…savings are losing buying power
March 13th, 2008 at 1:53 pm
All republicans should be asking for a Presidential debate. Any person working in media who is honest would be asking why there has not been another debate. Why are the people in media pretending to be so clueless yet we have but no choice to get are news from them. Lou Dobbs and all CNN and Fox MsNBC, you have failed the people of America by aiding in the deception that news reporters are supposed to expose. So all you news people who worked all your life to get your job to tell people the truth please ask yourselves is it worth it to keep lying? Lou Dobbs sound sincere on many issues but does nothing about it and never gets down to the real issues and still never mentions Ron Paul. Is there no one working at these so called news comercials who is not lying? Are they under mind control and don’t even know it. Maybe a bunch of honest reporters and film makers can get together and interview the Larry Kings and Lou Dobbs and their news teams and ask them why they have failed to tell the public the truth and help our country. Instead they are to be charged as criminals. We the people can do something about this.
March 13th, 2008 at 1:59 pm
Admiral McCain is going to need a Treasury Secretary who is a brilliant economist with the right prescription for our economy. He won’t find his man on Wall Street — I suggest that he look to the only man in Congress who has been fighting for intelligent economic policy for decades: Ron Paul.
March 13th, 2008 at 2:01 pm
I don’t know how true this is, but here goes:
Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished.
– US Bankers Magazine, Aug 25, 1924
If it is true, MAN IS IT ACCURATE!
March 13th, 2008 at 2:15 pm
That is what is so incredible about Dr. Paul, he has brought to the table, the economy. Did anyone see the CSpan coverage from last night where he addresses Congress re: the budget? The man stays true to the message.
March 13th, 2008 at 2:17 pm
I think the only way we can get our message through to the Sheeple is to grab their attention while they’re grazing and have a national TV commercial w/ Ron Paul’s message. But we can’t scare them off by threatening to cut off their safety nets we have to get to them where it affects their bottom line and livelihood.
March 13th, 2008 at 2:50 pm
Pat Buchanan was talking about this today on the Laura Ingrahm show. I was very glad to hear that Ron Paul is not the only one talking about this in public.
March 13th, 2008 at 2:53 pm
If McAmnesty was to say he would appoint Ron Paul as the Secretary of the Treasure, or even ask him to be his economic advisor, would he win any of our votes? Would Dr. Paul even consider such an invitation?
March 13th, 2008 at 2:59 pm
I still wish Dr. Paul would allow himself to be drafted by the Libertarian Party and the Constitution Party. At least we would have someone to vote FOR in November!
March 13th, 2008 at 3:09 pm
Ron Paul is a one man battalion for economic, the constitution and liberty and common sense on any issue you can name. It shows his greatness that he is not saying “I told you so!” The political bar has forever been raised. It is now, “What would President Ron Paul do?”
March 13th, 2008 at 3:16 pm
I give credit to everyone in here who can see what is happening and listened to Ron Paul’s message as it needs to be heard. There is a good group of people in here striving to make a difference. This is what it takes and I’m impressed by everyone’s effort! Go Revolution! Keep the momentum going in whatever ways you can - big or small.
March 13th, 2008 at 3:49 pm
Hello
March 13th, 2008 at 3:55 pm
Ron Paul has let us down. He promised for months too fight hard until the GOP Convention. The economy is caving fast just as he predicted. BUT, no news conferences??? No national ads? No ads pointing our McCain’s weaknesses? There have been so many opprotunities to truly take leadership but no responses???
I’m deeply saddened at this. Go ahead and flame me.
March 13th, 2008 at 4:00 pm
I am so frustrated trying to write the campaign headquarters that am about ready to give up! I tried to send a copy of a letter sent to me by opensecrets.org explaining why they removed Dr. Paul from the list of candidates and the system cuts me off at 1,500 characters and then won’t let me send the email even in two parts. What is going on? The campaign message says “Your message is too long. Please limit to 1500 characters.
Please check your input and try again.” ….even though the message was 1,500 characters. Does anyone know a legitimate email address for Matt Hawes or anyone that I can send the whole letter to??
March 13th, 2008 at 4:02 pm
No offense Liberty Lover, but the MSM doesn’t cover Ron Paul unless it’s bad news.
They are blatant in their disregard.
March 13th, 2008 at 4:06 pm
**** Weber - I can see why you are frustrated. You have a valid point in trying to show that ‘response’. I don’t know the email address for Matt Hawes.
** MATT HAWES - can you provide it please?
March 13th, 2008 at 4:07 pm
Liberty Lover,
I will also go out on a limb…is it possible Ron Paul was “told” to tone it down?….but not completely… give his “crazy” followers a carrot because God forbid his followers might start a Revolution if they knew the “Truth”… A revolution with “revolt” instead of “3vol”.
Why in this so-called free country am I so nervous about what I just said?
March 13th, 2008 at 4:11 pm
SPAGALETTO SAYS: “Will gold be outlawed like FDR did in 1933?”
No. The reason FDR confiscated the gold was to take America off the gold standard so that the Fed could print money without restraint. Confiscating the gold now would be pointless, they have printed all the money they need since 1971 when Nixon closed the gold window. As it is they already own all the national gold which I assume they paid for with the paper money they printed. Their chutzpa knows no bounds.
It is my guess that the gnomes have been squirrelling away millions of ounces for themselves in Zurich while pretending to sell the central bank gold through their investment bank minions. This kept the market price low allowing them to buy up their stash over a number of years. At least that is my guess. They know perfectly well that gold and silver is the only real money. They may be evil but they are not stupid.
March 13th, 2008 at 4:22 pm
Jay Chawla says: “Admiral McCain is going to need a Treasury Secretary who is a brilliant economist with the right prescription for our economy. He won’t find his man on Wall Street — I suggest that he look to the only man in Congress who has been fighting for intelligent economic policy for decades: Ron Paul.”
1. McCain cannot win the presidency. 2. He is owned by the money power so he will do their bidding. They hate Ron Paul because he threatens their existence. 3. He already has his “economic advisory group” that he named at a debate when he was asked a question by Dr. Paul on the President’s Working Group. 4. He probably hates Ron Paul, the way arrogant cunning people who are unintelligent hate people who are much brighter than themselves.
March 13th, 2008 at 4:33 pm
Liberty Lover,
I think Ron Paul knows that McCain’s campaign will self-destruct sometime between now and September.
And then, in the mother or all ironies, instead of Ron Paul seeking media coverage, the media will seek out Ron Paul! Who’s left?
Or am I just dreaming?
March 13th, 2008 at 4:33 pm
Mr. Weber,
I’m not sure why the official contact form is limiting it. You can send it to hawes4paul@gmail.com. Thanks!
Matt Hawes
March 13th, 2008 at 4:37 pm
David W A , I thought Bush has claimed that he can take all commodities. What ever that means…………
March 13th, 2008 at 4:39 pm
Just a couple of points.First the gov has not officially said where in a recession,even though we have been in one for the last 6 months.Secondly They lent the banks two bil,which intern only helps people aquire more loans and debt.It does nothing for the interest on their mortgage.This is where the average american needs help.The fed should have said lower interest rate to 5% and we will give you the money.Once again they gave away money for nothing in return.People screwed and get stuck with more deficite.Third,anyone who knows Dr Paul will tell you he is not and will not run third party or any other party than republican for now,so please stop with that request.Lastly Dr Paul stated he is not running a conventional campaign,he knows what he is saying and doing.Trust in the man.He is laying low.The lower he lays the more coverage he is getting,more and more people are reciting what he has been saying forever.We have to september,keep the faith,the more the country crumbles the more the people will turn to DR Paul.
March 13th, 2008 at 4:55 pm
It seems like one way out of this situation is to stop using the fed res notes. if they can make paper, so could we, so to speak. maybe bartering in some form is the way to go. 512 said plant a garden. a good idea. become more independent. perhaps find others of like mind and band together to be more independent and to support each other, combining strengths to form a more unified whole. the Lakota declared their independence from the U.S. in Dec 07 and took their land back and unilaterally withdrew from their treaties. they have been planning this for over 30 years and feel they have reached critical mass. They have their own passports, currency, driver licenses, no taxes, their own gov’t, etc….they did this “legally”, quoted from article six of he constitution in regard to treaties. not sure what is going on w/the u.s. in this situation, probably just ignoring them for now…..it is tempting to join the lakota. the article came from news.com.au dec 20, 07
it is possible that we will be in the biggest depression ever in the next year or so, not saying that to be a downer or negative, just what I had heard and to look at possibilities…..if the plan is to destroy the dollar, you know there will be chaos created from that. possibly right before the election to distract the country….and to supposedly force us to accept the amero….maybe it will backfire and we will abolish the fed res and get our own money system back? now, I could see that happening. enough people awake and aware, enough outrage, enough resolve and knowledge, and we can make a case and push the corrupt elite owned federal reserve right out of this country. In fact, why can’t we start something now? Maybe start bombarding congress w/requests to abolish the federal reserve (which is unconstitutional anyway) and get petitions signed from all over…..is this possible? what do you guys think?
March 13th, 2008 at 4:56 pm
**** Weber
I also rec’d a response letter from open secret and was going to forward it. I won’t bother.
Are the people at campaign headquarters paid out of our donations?
March 13th, 2008 at 5:00 pm
i guess I am thinking too simplistically? it isn’t that simple to just get rid of the reserve note b/c we are then having to face a thousand other issues and implications w/loans and such…..i guess that is why rp suggested the ability to start circulating gold/silver coin……i do know that libertarians have been doing that for some time…..
March 13th, 2008 at 5:00 pm
It’s very possible.It just needs to be organized and put in some type of legalize,any lawyers out there to get something written up for a national petition?
March 13th, 2008 at 5:16 pm
Gilligan Says:
March 13th, 2008 at 2:01 pm
I don’t know how true this is, but here goes:
Capital must protect itself in every possible manner by combination and legislation. Debts must be collected, bonds and mortgages must be foreclosed as rapidly as possible. When, through a process of law, the common people lose their homes they will become more docile and more easily governed through the influence of the strong arm of government, applied by a central power of wealth under control of leading financiers. This truth is well known among our principal men now engaged in forming an imperialism of Capital to govern the world. By dividing the voters through the political party system, we can get them to expend their energies in fighting over questions of no importance. Thus by discreet action we can secure for ourselves what has been so well planned and so successfully accomplished.
– US Bankers Magazine, Aug 25, 1924
Gilligan, I totally believe that article. This is the audacity of these people. They tell us to our faces, in their books, by their symbols, in their speeches, and it sounds so absolutely preposterous to the average human, that our minds can hardly wrap themselves around it, so often, we totally miss what they are saying. That totally sounds like them to me. You have to get into their heads to understand how they think. If you try to understand from your own point of reference, you will not get it. And guess what happened back in the 20s? The Great Depression.
I believe it is possible that may be what they have planned again, afterall, they are creatures of habit….perhaps, all our debts being collected by China, Japan and others will be called in at the same time that the fed reserve will call in all their debts from individuals in this country.
I wish I could remember the video i saw on this one. they always create distraction right before they do something….like the fed reserve act, like the income tax, etc….they sneak it in….then people feel helpless to change it. And once they scared the people who went enmass to withdraw their money from the banks, crash the stock market which is based on fear, the banks couldn’t meet the obligations, so they started to call in the loans, people couldn’t pay their loans, the banks and other businesses had to sell at a ridiculously low rate just to get out, and guess who bought them? Guess who got rich from this? Guess who took over? You got it. The so called elite group. And, they got controlling interests in all the banking and other businesses by destroying the little guy. Like someone once said, follow the money.
America was the most prosperous nation in the world until the income tax and fed reserve act. The wealthiest of families were migrating here from all over the world as well as those with little worldly wealth who wanted to get ahead in life and/or just to be free.
Again, they think they know it all b/c they are like computers, but we still have the numbers and can overcome them. We need a strategy.
March 13th, 2008 at 5:33 pm
Hmmm, According to everything I read it was Nixon in 1971 who took us off the gold standard not FDR.
March 13th, 2008 at 5:41 pm
Now the long term plan might have been simply to take the gold and say it was to back up the money receipts, but when the money was worthless and people came looking for the gold it would not be there either. Because the government can go in take the gold and get the heck out of the US before the revolution. At least their gold would be worth something when they left.
March 13th, 2008 at 5:44 pm
Gilligan and AJ, It is true. Just Google ‘Bankers Manifesto 1892′ and you’ll see the rest of what it says.
Andrew Jackson killed the first attempt of a Central Bank to take over, and he had six attempts on his life
after that. Woodrow Wilson who was little known just before the 1912 election, was indoctrinated by the
‘TOP HATS’ and they funded his campaign to victory. All Wilson had to do is let them introduce the Fed. Res.
income tax, and WWI. I hope he’s having a good time in H*LL!
March 13th, 2008 at 5:52 pm
Dust off the crystal ball - we were looking for that future… it’s got to be around here someplace… oh HERE IT IS…
1) Goodbye student loans based on ‘need.’ Some banks have already started turning off that faucet.
2) Goodbye interest-only loans and nothing down loans.
3) Hello deconstruction and rezoning - we have more that enough corporate real estate and what - I think Florida has 7.2 years worth of residential inventory? How long are banks going to hold onto these when they cost millions simply to keep around? Better to bulldoze them.
4) Hello short term food shortages and long term food price hikes. This is already happening for niche items - I’ve seen it for two months off and on. Smaller shipments, less selection.
5) Hello to the race between our paychecks and inflation - guess who wins? No need for a crystal ball on that one.
6) Hello reindustrialization… and to think of all those industrial buildings gone empty thanks to free trade abuses and redone as lofts… our real estate markets need to go through some serious regression therapy.
7) Goodbye service-driven economy… perhaps hello revitalized industrial sector? But with what companies? Chrysler forcing closure this summer to improve work efficiency? Let me get this straight - our industrial giants get more done with people sitting at home on imposed vacations?
9) No more lazy - period. We are returning to the times of large families where kids stayed and home and worked to support each other.
I for one welcome the ‘corrections’ that will be required, but it is a shame that it is going to happen at the expense of the honest people who didn’t ride the crazy credit train but tried to save for their retirements and their children’s education and are now watching their wealth disappear through dying bank buyout initiated by the government.
I wish Ron could do something, but at the same time, even the best leader this next four years is going to go through hell - the four following will be the road to recovery at best.
March 13th, 2008 at 5:54 pm
Gilligan and AJ, It is true. Just Google ‘Bankers Manifesto 1892? and you’ll see the rest of what it says.
Andrew Jackson killed the first attempt of a Central Bank to take over, and he had six attempts on his life
after that. Woodrow Wilson who was little known just before the 1912 election, was indoctrinated by the
‘TOP HATS’ and they funded his campaign to victory. All Wilson had to do is let them introduce the Fed. Res.
income tax, and WWI. I hope he’s having a good time in H*LL!
I am not saying it isn’t true - or it is. I don’t need a quote to explain to me what they are doing - I learned that long ago from Von Mises, Hayek, Greenspan (yes. That Greenspan), Paul, Hannigan, Schwartz, Quigley, Fekete, the list goes on and on.
What I have never seen is the source. And I try to avoid being part of the “If you say it seven times on the Internet, it must be true.” thingy.
However, check this post out and you can see where/what I am trying to research:
http://www.ronpaulforums.com/showthread.php?t=128180&p=1347153
March 13th, 2008 at 5:55 pm
BTW, if I sounded preachy, I really didn’t mean to sound that way….
March 13th, 2008 at 6:01 pm
Larry Wall, Haven’t seen you in here in awhile. Welcome back.
March 13th, 2008 at 6:06 pm
Ron Paul’s Statement on Coinage
Published 03/13/2008 - 2:29 a.m. GMT
Financial Services Committee
Subcommittee on Domestic and International Monetary Policy, Trade, and Technology
Hearing on HR 5512
Opening Statement
March11, 2008
(PressMediaWire) - Mr.Chairman, I oppose HR 5512 because it is unconstitutional to delegate the determination of the metal content of our coinage to the Secretary of the Treasury. Under Article I Section 8 of the Constitution, the Congress is given the power to coin money and regulate the value thereof. It is a shame that Congress has already unconstitutionally delegated its coinage authority to the Treasury Department, but that is no reason to further delegate our power and essentially abdicate Congressional oversight as the passing of HR 5512 would do.
Oversight by members of Congress, who have an incentive to listen to their constituents,ensures openness and transparency. This bill would eliminate that process and delegate it to unelected bureaucrats. The Secretary of the Treasury would be given sole discretion to alter the metal content of coins, or even to create non-metal coins. Given the history of Congressional delegation and subsequent lax oversight on issues as important as the conflict in Iraq, it would be naive to believe that Congress would exercise any more oversight over an issue as unimportant to most members as the composition of coins.
While I sympathize with the aim of Section 4 of this bill to save taxpayer dollars by minting steel pennies, it is disappointing that our currency has been so greatly devalued as to make this step necessary. At the time of the penny’s introduction, it actually had some purchasing power. Based on the price of gold, what one penny would have purchased in 1909requires 47 cents today. It is no wonder then that few people nowadays would stoop to pick up any coin smaller than a quarter.
Congress’ unconstitutional delegation of monetary policy to the Federal Reserve and its reluctance to exercise oversight in that arena have led to a massive devaluation of the dollar. If we fail to end this devaluation, we will undoubtedly hold future hearings as the metal value of our coins continues to outstrip the face value.
HR5512 is a sad commentary on how far we have fallen, not just since the days of the Founders, but only in the last 75 to 100 years. We could not maintain the gold standard nor the silver standard. We could not maintain the copper standard, and now we cannot even maintain the zinc standard. Paper money inevitably breeds inflation and destroys the value of the currency. That is the reason that this proposal is before us today.
Source: House.gov/Paul
can read full text of bill here.
http://www.govtrack.us/congress/billtext.xpd?bill=h110-5512
link to article
http://pressmediawire.com/article.cfm?articleID=18325
March 13th, 2008 at 6:13 pm
Ron needs to run an attack ad. Show pictures of the depression and really bad pictures of the war. Then say there is only one canidate who can save our country from poverty and continuous WAR.
March 13th, 2008 at 6:13 pm
He might get press time that way like hillary’s 3 am ad.
March 13th, 2008 at 6:19 pm
Hi FREEDOM 4 ME - I am not about to give up, am just frustrated because I can’t send a copy of the response to headquarters for their analysis and action. When Dan McCarthy was on board he would spot a message like mine and get back to me almost immediately - - - I miss him and hope he does keep in touch with us at some time.
March 13th, 2008 at 6:19 pm
I could use some help from any of you in here who are computer savvy. I am currently working on something pertaining to media bias, and the role they have taken in directing the results of elections. Specifically, on February 25, on the “Situation Room” with Wolf Blitzer, during the “Cafferty File” segment, they were discussing the role that Ralph Nader might play in changing the results of the election. Blitzer and Cafferty were in agreement that Nader’s involvement during the last election allowed Bush to win. Cafferty said that he would not be mentioning the name “Ralph Nader” again during this election cycle, as he felt that by bringing attention to him, it could cause the Democratic candidate to lose once again. Whether he realized it or not, he openly admitted as a MEDIA ENTITY that he wants the Democrat to win, and that he will not report any news that might harm that candidate.
I have searched their transcripts for that show, and they have none posted for that segment. I was only able to find what Cafferty had written in his blog, but not what he said on tv. For obvious reasons, I need to have links to verifiable proof that he said these things. Any ideas on how I can find this proof, other than transcripts on their website?
Thanks all!
March 13th, 2008 at 6:20 pm
Ron on Fox Business:
http://www.youtube.com/watch?v=GoNMG5-a15k
March 13th, 2008 at 6:22 pm
Mr. Weber, Matt Hawes posted his email address for you in a couple of different threads. I can’t remember which ones, but scroll up and look for them. I’m sorry you’ve had so much trouble, but we all appreciate your determination.
GO RON PAUL!
March 13th, 2008 at 6:23 pm
The authoritative source on the Fed is Griffin’s “Creature From Jeckyl Island”. It’s well researched and footnoted. He leaves little doubt as to the conspiratorial nature of the banker’s and their long term plan. Also, Andrew Jackson’s battle with the central banker is well documented. Whether or not the Bankers Manifesto 1892 is true or not doesn’t matter in the long run. What the bankers achieved, through a concerted and devious scheme cannot be denied.
March 13th, 2008 at 6:23 pm
Jefferson stopped the first Central Bank.
March 13th, 2008 at 6:34 pm
Great Interview on Fox Business.
March 13th, 2008 at 6:36 pm
Libertarian Dave: Thanks for the post and link - Dr. Paul did a great job explaining the truth and it was a decent interview with Fox Business.
March 13th, 2008 at 6:47 pm
Great you tube of Dr. Paul on Fox.
GO RON PAUL!
March 13th, 2008 at 7:04 pm
Hello everyone and yes it has been a while Heather D. Thank you. I have visited and have read comments. This whole thing has been a huge learning process for me and I have actively getting involved with some campaigns, donating where I can, joining the RLC, working towards REC membership, local meetup groups, etc. I have also travelled some and have more trips yet to make. My next trip is up only about 81 minutes away this time to the District 7 Delegate Election Caucus to support a few members locally who are trying to become delegates.
I still have a long way to go. I have seem some good things and some bad things in the party. Honestly I do not mind supporting the party as long as it supports my ideals and principals. We can not win all the time and we should stick together. But those of us behind Ron Paul right now realize something different, they people will do anything to make us outcasts while also doing everything they can to get us to unite with the party. Respect does have to go both ways at least. Plus we are not behind this right now to support really any group, we are awake to what has been happening and we want to truly change it before our economy or even possibly our country collapse.
Look at how two days ago 200 billion more was added to our money system and the stock markets rose 400 points whic was nothing compared to the weeks of loss it encountered. And now here it 2 days later and looking as bleak as it did 3 days ago. People know the truth now and are not buying this **** anymore. Countries and investors around the world have already begun getting their funds out of the dollar. This is a lost battle.
Really we should hope for the best and prepare for the worst. I am preparing for something even worse than that. And I am doing it in a way that does not break me or cost me money that will later be a loss. My preparations are already paying off and I am saving more money than ever before even with donating money. How you might ask. Wel I began a while ago paying off all of my credit cards. I was literally $68,000 in debt not counting my mortgage. Now I am down to my last $3,000. I am saving som much money now off not paying interest. I am also buying seed, fertilizer, actual gold and silver from a local jeweler, and buying 4 big huge things of those dried noodle soups.
I eat those soups for lunch to save money. I have yet to get tired of them and I have been eating them for months. This helped me also save money to pay my debts. I also quit smoking about 8 months ago and so did my wife which is saving me a good fortune of extra dollars. Basically I broke the consumerism habits to get ahead and prepare. The more I pay off the more I am able to plan ahead. As soon as I pay this last credit card off, I will begin saving my money and buying gold. Why? Well because I have several jewelers willing to buy gold and silver at the going rate. You have to find good ones or the fees will eat you up like a ATM machine. Plus it will not be all my money because f everyone begins jumping on that trend too hard the gold price could inflate to $2000 and then those invested for a long time will sell very quickly causing it to deflate just like what happens in the stock market. I plan to get a few thousand in gold, few thousand in silver, maybe a thousand pounds, thousand Euros, etc. Diversity.
March 13th, 2008 at 7:11 pm
Larry Wall,
Prior to 1933, you could take a $20 bill to the bank and redeem it for a $20 gold piece, which contained just under an ounce of gold.
(1792 coinage act defined the dollar as 1/20th of an ounce of gold, or approx. 3/4 of an ounce of silver. It certainly was not a note, as in Federal Reserve note, as in something that needs to be paid back.)
The Bretton-Woods agreement just after WWII allowed for foreigners to exchange their “dollars” for real, actual gold, while domestically, gold-ownership was still illegal for Americans.(Imagine that!)
Even back then however, foreign holders of federal reserve notes were becoming ancy, and were demanding gold for their paper. The country was losing its gold reserves at an unprecedented rate, and in 1971 Nixon took us completely off the gold standard in response.
Between 1971 and (I believe) 1975, the “dollar” really wasn’t defined by anything.
(This is the period that Ron Paul refers to when he references “guns and butter”. We were fighting Vietnam(illegally) and enacting LBJ’s “Great Society”. Spending went unchecked, and the result was what we’re seeing today, stagflation.)
After the end of the OPEC oil embargo, some kind of agreement was reached, and it was understood that if you wanted to buy oil, you had to have federal reserve notes. So, since around 1975, we haven’t had a currency backed by gold and/or silver, we’ve had… the petrodollar. The dollar only had any real value vis-a-vis a barrel of oil.
What’s happening now?
Well, Iran no longer wants federal reserve notes for their oil. Not insignificantly, Saddam Hussein didn’t want them either. I’ll leave the reader to draw his/her own conclusions.
What is the dollar now?
…We are a nation without a currency.
So when Ron Paul speaks about our need to address “monetary policy”(underlined, underscored, bolded and italicized)… boy is he ever right.
Al-Quaida? Who? No. We need our money back, so we can get our country back!
(I could be off on a few of my facts above - I’m going off memory - but the gist of it is there, I believe.) Hope that helps.
March 13th, 2008 at 7:14 pm
When I first started coming onto this board I complained about money. I know my money does not go as far as it use to and I have my own spreadsheets to prove it. And some of it is not so obvious until you see the bottom line like after going grocery shopping. I did not have much money at the time I first started supporting Ron Paul because I was already too busy paying off my debt and my wife will tell anyone that I pretty much did not allow any spending and she felt pretty poor for quite a while. I budgeted to the dollar.
Now I make good money but we had created so much debt that it was eating us up. I will not be that stupid to ever put myself in that mess again.
March 13th, 2008 at 7:28 pm
Hey A.S. Very good. I have done some reading also and a lot seems to be on facts but then one sided. It is hard to get a full understanding on the monetary system. But in it’s easiest to understand form is that the only reason we do not back our money with gold is so that we do not have to give our gold away and also so that the government can print as much money as they want.
This is ridiculous and I will tell you why, a resource is a resource and if I go to the store and buy an ounce of gold, I will want to see it weigh an ounce to insure I am getting my money worth. And I will walk out with that gold. Now if we had top of the line products always and continued to push innovation rather than dummifying our kids todays people will want to buy our products still at top dollar giving us the money to buy everyone else’s gold.
Today, we are not on top of many industries and we continue to push our industries overseas so that we can continue to get them cheaper, but later these items will cost us more because like Bernake says a bad economy will not hurt us as long as we buy domestic goods. Well there is not many of those left. So the things we get cheaper will ultimately cost us more due to the devaluing of the dollar.
We are in a crisis and the government is doing everything they can to hide it. But the tactics used are no longer even partly working. When others though out the world do not trust the dollar it is one thing, but when the people of this nation do not trust it either… well Houston we have a problem.
March 13th, 2008 at 7:48 pm
I would like to hear from Ron Paul on these message boards.anybody care to agree with me?
March 13th, 2008 at 7:54 pm
Unless you have a LOT of money to invest, I’m not sure that gold is a great asset. Purity is the key and who can you trust. If you do numismatic coins you are paying a premium immediately and not many people are used to trading in them. Pre 1964 silver coins are a known value of silver and are still good face value currency. If you are in a position to handle change like a store clerk etc it would be wise to watch for those coins and buy them at face value and hold them. Silver is now about $20 an ounce and could rise to $50 according to some theorists. If times get tough, and no doubt they will, the grocery store will recognize silver coins and they may be a good barter item. I think everyone should have a garden this year to simply maximize your cash on hand and have a product to barter with. Things appear to be worsening and I seriously question the ability of the Fed and our Government to come up with a viable solution. We could easily have $4 gasoline and $4 loaves of bread before the year is out. We all need to be careful on expenditures that are not absolutely necessary and pay down as much of our debt as we can. This could make the crash of 29 pale by comparison.
March 13th, 2008 at 7:55 pm
Daniel, We would ALL love that… But it’s impractical… Right now he is in a closed session in Congress (I assume), and he’s busy campaigning AND being a Congressman… But it sure would be cool!
GO RON PAUL!
March 13th, 2008 at 8:00 pm
Larry,
Congratulations on giving up cigarettes. That was some feat!
March 13th, 2008 at 8:01 pm
Daniel:
But, we do hear from DR. RON PAUL
on a regular basis. There are some
RON PAUL imposters here and if he posted
on this message board, it would not
be his best platform, so to speak.
He writes books, makes videos, and
goes on TV interviews. RON PAUL is
with us, don’t you doubt his sincerity
or loyalty to us, the grassroot supporters!
Buy one of his books.
You’ll hear his voice speaking directly to you,
Daniel. And, perhaps you can speak for him
in many ways. Do you know what I mean?
March 13th, 2008 at 8:18 pm
Yep, this is how things are gonna get fixed!! What a joke! How do people fall for this??
http://news.yahoo.com/s/bloomberg/20080313/pl_bloomberg/are4y0wpjqxu
March 13th, 2008 at 8:30 pm
We do have a choice in November. Write in Ron Paul.
March 13th, 2008 at 8:34 pm
Not to get off the subject, but I had an interesting call from the Republican National Committee tonight. They went on and on about how the Democrats will probably take control of the House and Senate this November. Without my help Obama will become president. I am to be very afraid because he is more liberal than Hillary. With my $100 dollar donation I would get a Republican banner to fly and feel proud to support their conservative candidates. My money would also help fight back the liberal Democrats. After saying how the RNC wouldn’t even recognize the only true conservative candidate, Ron Paul,I promptly refused them. I then proceeded to tell them that my $100 dollar donation would go to the Ron Paul campaign. Then CLICK in their ear. I hope at least a hundred thousand RP supporters wil have the chance to do the same thing. Maybe then and only then, they will FINALLY get it.
March 13th, 2008 at 8:35 pm
Derek in Utah… Uh…. Wow. I don’t know what else to say about it. It has always struck me as odd, how people can rally behind candidates that make it clear that they plan to complicate things, and tax us more. It’s like begging a bully to give you a bloody nose… The dumbing down of America seems to be working well on a large portion of the population.
Thank goodness that we have a lot of RonPaulicans that will continue re-educating the public at large!
GO RON PAUL!
March 13th, 2008 at 8:38 pm
Yeah right ‘closed’ session sounds like we are entering the Fourth Reich!
March 13th, 2008 at 8:38 pm
Leave it to the gorvernment to mess it up for everyone…..
March 13th, 2008 at 8:46 pm
**** Weber is right.
Historically, the gold to silver ratio has been between 20:1 and 15:1. Currently, it is 50:1, gold to silver.
In short: silver could easily double in price, and in fact should, as gold and silver move sympathetically. And gold is going nowhere but up, as the “dollar” continues going nowhere but down.
Silver has A LOT of upside potential, but brings with it a lot of volatility.(It is considered more of an industrial metal.)
But if you want to protect your purchasing power, and guard against inflation, I don’t think you can go wrong with silver.
(This is my personal opinion. I could be wrong. Please do your own research, and exercise due diligence.)
At the same time, the purity of gold coins is not an issue. If you stick with American eagles, Canadian maple leaves, South African kruggerands… et al., you’ve got your bases covered.