Ron Paul on the Gold Standard

If I was a betting man and I am. Ron Paul will be the next President; either as an interim one or as the candidate elect in 2012. The origin of the Tea Party is Ron Paul, not Sarah Palin. He has the Jihad behind him, not her. Wait till you see the magic that they will create for the next election. The first Internet President.

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Ron Paul Explains Hyper-Inflation

The warning of Ron Paul, how destruction of the currency can lead to fascism in the United States. How to protect yourself? Silver bullion.

Ron Paul had a hand in the creation of the Gold money bill.

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Ron Paul on Morning Joe New Economic bubble solution to Old Bubble

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Ron Paul Warns of a Global bank

Steve Watson
Infowars.net
Friday, Nov 28, 2008
Texas Congressman Ron Paul has warned that international forces are planning the creation of a global central bank that will see a new fiat monetary system come to dominate the world economy.
The 2008 presidential candidate also warned that Barack Obama’s administration will only represent a change in faces and not in policies.
Speaking about the recent G20 meeting Paul told Russia Today:
“I think something will come of it but you probably didn’t hear about it yet. There was some pomp and ceremony that the public knew about, but behind the scenes they were talking about the future and what they are going to do to try to internationalize all regulations, going in the opposite direction of free market and more towards international regulations. I’m sure they even talked about an international central bank.”
Paul also pointed out that global bankers have been holding their own talks on the same matter:
“At the same time the G20 was meeting, we also had the central banks meeting in Europe. Bernanke was over there, and they are doing the same type of planning, so real planning will not be out in the open, until they want us to know about it.” the Congressman said.
“The system that we have today where the fiat dollar is a reserve currency of the world, it’s losing that status and they have to replace it. Hopefully they’ll have enough sense to realise that another international agreement along the Bretton Woods will be no more successful than the last one.” Paul continued.
The Congressman argued that more regulations administered by central banks, rather than placed on to central banks, represents a dangerous move away from the free market.
“We could restructure by getting rid of all the central banks, then you would have honest money come up because nobody could commit fraud. Governments get away with committing fraud – that’s what fiat money is.” Paul commented.
The Congressman warned that an Obama presidency offers no alternative to the economic policies that have led the U.S. and the world to the brink of economic meltdown. Paul Described the kind of change Obama offers as:
“Just change in faces and change in party labels. Both parties represent the same special interests, they both have to represent big business. Obama’s supposed to be a man of the people, well he collected $750 million, more money than anybody else ever collected. Wall Street supported him, the media supported him, all the big money supported him, so his change is not going to be much change at all. He’s not talking about changing monetary policy, the Federal Reserve or getting rid of the income tax or bringing our troops home.”
Paul also commented that he does not believe Obama will withdraw troops from Iraq and pointed out that he has never said he will close down the military bases throughout the country and eliminate the huge embassy in Baghdad.
“Policy will remain interventionist,” the Congressman warned. “We will remain in the middle east and we will not be coming home, we’ll stay in Korea, we’ll stay in Europe, we’ll be in eastern Europe, we’ll be doing all these things. Even though Obama benefited tremendously from ‘change’, all we are changing is the face of our government.”
Paul also warned that the stage has been set for fresh terrorist attacks in the U.S. as a consequence of a sustained interventionist foreign policy.
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Watch the Ron Paul Interview here.

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Ron Paul: Transperancy of the Fed

In this article Ron Paul advocates a repeal of the legal tender laws to allow competing currencies. He of course is talking about competing currencies fully backed by Gold and Silver, much like the New Hampshire Gold currency bill found at Goldmoneybill.org



On Transparency of the Fed

This week the Federal Reserve responded to the American people’s increased concerns over our monetary policy by presenting new initiatives aimed at enhancing the Fed’s transparency and accountability. As someone who has called for more openness from the Fed for over 30 years, I was pleased to see the Fed acknowledge the legitimacy of this need.

The Federal Reserve controls the flow of money and credit in our economy because Congress has abdicated its responsibility over the nation’s currency. This process therefore occurs centrally, and almost completely outside the system of checks and balances. Because of legal tender laws, people are left with no real choice, except to build their lives and futures around this monopoly currency, vulnerable to powerful central bankers. The Founding Fathers intended only gold and silver to be used as currency, however, inch by inch over the decades, this country has backed away from this important restraint. Our money today has no link whatsoever to gold or silver. For many reasons, this is extremely dangerous, and has a lot to do with the boom and bust cycles that have resulted in the crisis in which we find ourselves today.

The Fed is now pledging to reveal to the public more about its economic predictions, and calls this greater transparency. This is little more than window-dressing, at best, utterly useless at worst. Many analysts, especially those familiar with the Austrian school of economics, saw the current economic crisis coming years ago when the Federal Reserve was still telling the American people their policies were as good as gold. So while it might be nice to know what fantasy-infused outlook the Fed has on the economy, I am much more interested in what they are doing as a result of their faulty, haphazard interpretation of data. For instance, what arrangements do they have with other foreign central banks? What the Fed does on that front could very well affect or undermine foreign policy, or even contribute to starting a war.

We also need to know the source and destination of funds provided through the Fed’s emergency funding facilities. Information such as this will provide a more accurate and complete picture of the true cost of these endless bailouts and spending packages, and could very likely affect the decisions being made in Congress. But with so much of the Fed’s business cloaked in secrecy, these latest initiatives will not even scratch the surface of the Fed’s opaque operations. People are demanding answers and explanations for our economic malaise, and we should settle for nothing less than the whole truth on monetary policy.

The first step is to pass legislation I will soon introduce requiring an audit of the Federal Reserve so we can at least get an accurate picture of what is happening with our money. If this audit reveals what I suspect, and Congress has finally had enough, they can also pass my legislation to abolish the Federal Reserve and put control of the economy’s lifeblood, the currency, back where it Constitutionally belongs. If Congress refuses to do these two things, the very least they could do is repeal legal tender laws and allow people to choose a different currency in which to operate. If the Fed refuses to open its books to an audit, and Congress refuses to demand this, the people should not be subject to the whims of this secretive and incompetent organization.


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HR:833 Federal Reserve Abolition Act Bill: Ron Paul

Rep. Ronald Paul [R-TX](no cosponsors)
Cosponsors [as of 2009-02-14]
Cosponsorship information sometimes is out of date. Why?
Text:
Full Text
Status:

Occurred: Introduced Feb 3, 2009
Occurred: Referred to Committee View Committee Assignments
Not Yet Occurred: Reported by Committee (pending)
Not Yet Occurred: Voted on in House (pending)
Not Yet Occurred: Voted on in Senate (pending)
Not Yet Occurred: Signed by President (pending)
This bill is in the first step in the legislative process. Introduced bills and resolutions first go to committees that deliberate, investigate, and revise them before they go to general debate. The majority of bills and resolutions never make it out of committee. [Last Updated: Feb 14, 2009 3:46PM]
Last Action:
Feb 3, 2009: Referred to the House Committee on Financial Services.
Related:

See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
Source