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From Ron Paul's latest book, Liberty Defined
We cannot know exactly what tomorrow will bring, nor in what time the consequences of bad policy will evolve, so we must strive for truth and the preservation of those values that we are convinced have benefited mankind. We could be successful and preserve the American Republic as it was intended, giving up on the militarism of the American Empire. the odds are slim that that will occur without a bloody reaction from those who wield the power over the military-industrial complex, our political process, the media, our economy, our monetary system and out personal lives. But regardless, since the principles of liberty are based on morally correct ideas, anything we do to preserve them will benefit mankind.
John Kennedy was a young man yet when he was chosen as the sacrifical lamb by the Global banking cartel and Military Security Complex.
he , and his father and his brother knew the real score. but they played along biding their time. they miscalculated. a expensive mistake for all involved. yet to this day, they talk of a conspiracy about his death, like when he died, conspiracies stopped. they did not. they never will until we know our true enemies, as good as the kennedys knew them. after all, they swam in the same water as these pigs. they knew them all too well. but now, our presidents come into office and they already know who they bow the knee too and they do bow the knee. we suffer because of these traitors and the republic dies one day at a time. the old rothschild patriarch in the late 1700's said, i care not who is king, as long as i control the money. he was not talking out his ass, ladies and gentlemen. when are people going to realize they cannot control their government unless they control their money? when???? so we americans think we have freedom? please, spare me.
But alot of other things aswell
i'll die for that cause.
Sorry to jump right in here, but it's ironic, comic, and sad all at the same time to see an author trying to analyze the actions of the Fed from the lens of what they should or shouldn't do, and what a 'correct' policy would or should be for the benefit of the masses/country.
THE FED WAS CREATED BY THE BANKERS TO SKIM THE WEALTH OF THE COUNTRY. Full.stop. [Sorry for the all caps.]
The Fed is a privately-held banking cartel designed and created to propagate inflation, lower interest rates (to eliminate competition), and to support the fractional reserve banking system - so money could be created out of thin air and lent at interest (in part to the sovereign).
The Fed is performing perfectly to plan, robbing and stealing from the American people in plain sight since 1913.
Any attempt to analyze this fundamentally fraudulent institution is erroneous on its face. We must simply End the Fed.
Well said, Joe. And caps warranted, IMO.
Furthermore, THIS FED was designed not to improve the economy and rescue toxic assets, Bernanke was chosen to ENSURE that the destruction of this country was complete this time!
I doubt this was purposeful; i think they all really are just too stupid to understand how fiscal policy works. That, and they clearly don't give a fuck about any consumer's well-being. as long as prices keep rising we're doomed.
"Any attempt to analyze this fundamentally fraudulent institution is erroneous on its face. We must simply End the Fed. "
by Milestones on Sun, 11/21/2010 - 14:22 #
Mr. T., I addressed this issue a couple of times "The Trials and Tribulations of the Federal Reserve Act of 1913" on 6-15-10 and a couple of times later. In fine, let me answer you in brief.
My argument lies in Article 1, Section 8 (5)-Powers of Congress. The Congress SHALL have power: to coin money, REGULATE THE VALUE THEREOF,--". That power was apparently DELEGATED to the Federal Reserve Bank. That DELEGATION of authority to the Federal Reserve is my question. Did Congress have the authority to delegate that authority to "regulate the value thereof"?
Panama Refining Co. v Ryan 293 U.S. 388 1935
"The Constitution provides 'that all legislative powers herein GRANTED SHALL be vested in the Congress of the United States, which shall consist Senate and House of Representatives.'--The Congress MANIFESTLY IS NOT PERMITTED to abdicate or to TRANSFER TO OTHERS the essential legislative functions with which it is vested.---Cannot be allowed to obscure the limitations of the authority to delegate, if our constitutional system is to be maintained."
Field v Clark 143 U.S. 649 1892
--"The legislative power must REMAIN in the organ where it is lodged by that instrument."
Sovereignty is granted to "We the People" in the first 3 words of the Preamble. As such, under the Constitution, we the people delegate our Sovereign authority to persons to REPRESENT us in day to day dealings. But it is the reserve of the Soverigns to delegate authority not our reperesentatives. John Locke came to the same conclusion.
I would contend that the Federal Reserve Act of 1913 is illegal under the Constitution. Further, if we consider Marbury v Madison of 1803, a decision has stood for over 200 years, the case can be stated in far starker terms:
Marbury v Madison 17 Wall 205 Cranch 2 1803
"Thus the particular phraseology of the Constitution of the United States confirms and strengthens the principal, supposedly to be essential to all written constitutions, that a law repugnant to the constitution is VOID; and the courts AS WELL AS ALL OTHER DEPARTMENTS ARE BOUND BY THAT INSTRUMENT."
Not only did Congress not have the authority to submit such a document as the Federal Reserve Act of 1913; likewise President Wilson had no authority to sign it. See the last sentence of the above.
Yes, I know, the Constitution has been turned into a roll of toilet paper to the 1%ers but that is still the document I still march to as do most others . If that not be the case then we would be far better served now to be comparing an AR-15 to an AK-47.
If those unhappy with the way things are want a change, we must state our concerns and grievances in a fashion that those who are totally uninformed can have a place, a handle so that a nightmare of a 2nd revolution can be avoided.
To add to that, I would now contend that a peaceful solution is now all but impossible, and with a certain collapse staring us in the face, if we do not take up arms, we had better be acceptable to chains. Drifter wrote an item concerning Japan's "little" atomic problem vis a via a certain semitic nation today in another post which had some extrodinary implications if true.
The finiancial problems are now possibly very directly linked to some overriding political ones and we are truly in a nightmare box. The removal of the Fed would be simple if we had a president who had both balls and brains-but has neither and impeachment is not even a consideration so we are left with only the alternative mentioned earlier which our spineless public would run from in stark terror. We then only have a total collapse of the government as a possibility. Our military is too over extended to be able to be a factor even if it was their desire, which I question.
I guess our only hope to to ride out the storm and be prepared to pounce once it happens. What a friggin mess you have got us into this time Ollie. Milestones
their shitll never work.
n always stink.
Greatest write up by mainstream news on Ron Paul
Ron Paul: The Founding Father
cool, thanks for that :)
ron paul is controlled opposition. the calvary is not coming to the rescue.
hey i want to make sure everyone understands. i too have been hoodwinked a few times myself. don't get me wrong. but what pisses me off is this constant never ending supply of chumps that come forward saying they can help me. i figured out a long time ago, the calvary is not coming this time. perhaps the calvary never has come at any time in world history. perhaps the calvary coming to the rescue was always just one big lie based upon a fairytale told in some hollywood movie. we are the calvary.
by the way, did you read the part about the donald. i never liked that guy. there is something very flakey about him. there he is sitting there, making his little secret masonic hand signs like he is cool or something. always was. yet he says the things the tea party wants to hear and suddenly he is their guy. the stupidity of the american people knows no bounds... there are many of these traitors i would like to hear screaming for their lives, as they are being reading for hanging. some of you may say, what a terrible thing to say. i say to you.......is it really that terrible for me to think this way?
terrible perhaps, but also the truth.
Umm... Dr. Paul is not the truth movement (though I agree that it is an astroturf movement), nor did that article provide anything credible to discredit him.
Why do you attempt to slander him so?
NA, you got to get out of the box and look around man.........you simply have to.
Wow, loving the Ron Paul Esquire swagger. To think, just four years ago I was laughing at all of my friends' neighbors and people in his wealthy, hippy, San Francisco area with all of their Ron Paul stickers on the car. I'm actually starting to think I might vote for him. Paul vs. Trump? this could get interesting.
"..preserve the American Republic as it was intended,"
"...since the principles of liberty are based on morally correct ideas..."
MY BULLSHIT DETECTOR HAS JUST GONE OFF!!!
Lets see, the founding father's believed that slavery was a "morally correct idea" and acceptable per their definition of "liberty".
Ever read John Lind's, 1776, "Answer to the Declaration of the American Congress"? The arguments can be made that the motivation to separate from Britain was not "based" on "morals" but on personnel profit for the founding fathers!! (Perhaps "liberty" for a certain few to make more profit.....)
Every study Shay's Rebellion? When the common man realized that the "founding fathers" had "mislead" them with the "Independence/Liberty" propaganda...
"I have been greatly abused, have been obliged to do more than my part in the war, been loaded with class rates, town rates, province rates, Continental rates and all rates...been pulled and hauled by sheriffs, constables and collectors, and had my cattle sold for less than they were worth...The great men are going to get all we have and I think it is time for us to rise and put a stop to it, and have no more courts, nor sheriffs, nor collectors nor lawyers." a farmer, Plough Jogger
The financial situation leading up to this, repayment of the war debt, were the investors demanded repayment (payment of taxes) in gold and silver from a population that had no gold or silver....
The more things change, the more they stay the same.......
Pardon my reply near the top. I just wanted to point out that Gordon has a podcast chat show with Ty Andross that I think is pretty good at traderview.com then click the Audio tab. If you want to hear 2 smart guys talking about how totally Phucked we are, then you'll like the show.
I call dibs on The Bernank's liver and backstrap.
The Bernank's greatest quotes (thus far). Be afraid. Be very afraid:
In times of crisis we must consult Keynes. What would Keynes do? I propose a $4 trillion stimulus to create or save ten million shovel ready jobs. We need to be brave and raise the debt limit to 20$ Trillion and spend the $ on Government works programs.
I have read your op-ed suggesting printing the equivalent number of dollars that matches the U.S. debt, and attempting to pay said debt off with that batch of dollars, and I reject this suggestion's logic for a variety of reasons.
Isnt it funny how even children know printing green pieces of paper to pay of a debt is wrong, but the same children believe printing pieces of paper (of different size, color, and shape) is okay (printing and selling treasury bonds to pay of debt). The power of a promise!!
First we're gonna have to build 10M shovels.
make that 20M. The guys who are going to fill the hole back in need a shovel too.
You need 20,000,000 shovels? I'm on it. The stimulus money must arrive BEFORE I start production. And by money, I mean the shiny yellow kind.
CEO of a major multi-national corporation
Nice but very incomplete compilation.
(November 15, 2005) "With respect to their safety, derivatives, for the most part, are traded among very sophisticated financial institutions and individuals who have considerable incentive to understand them and to use them properly."
Bernanke merely failed to add these last words to his thoughts...
... "to maximize their own wealth at the expense of all other inhabitants of the planet and their future generations."
Unfortunately Ben can't defend himself against his own comments right now... he's too busy fighting the good fight against deflation.
the bad Bernank, the evil satan... cannot hear it anymore! I find he has nice eyes, like a child. I call him 'Chairboy'.
He does look quaintly helpless, with kind eyes that beg for some kind of contact or help. Poor Ben...lol. poor, "chairboy."
ill take the hindquarters
Do they have summer school classes at Princeton? Maybe that is why he is taking the 3 to 6 months off from QE to infinity?
Captain Crunch now has specially marked FRNs in every box.
With the Market hitting 845 on Russell, that wipes out 90% of all of the traders who went short on Monday. In other words all of the non- HBB traders that started the sell-off.
How many had the dakine to hold their puts from last week? at least one stupid one....that be me. Long weekend.
They ramped and boiled, for all we know there is a full on nuclear meltdown in the 2 or 3 largest economy in the world this weekend. No news is not good news. Good news would be promoted with zeal, there isn't any.
Easter weekend, very odd.
Watch out loading Long VIX for May/June Spike
gotta run! silver ready for push to $47! l8r!!
the bernank is a pawn, a peon, a pee-on. bernank be a good little corporate n$$$$r.
"Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve regarding the Great Deppression. You're right, we did. We're very sorry. But we won't do it again" - Ben Bernanke, November 8, 2002.
Yea, that has been playing over, and over in my head for the last few months. As the old saying goes its better to beg for forgiveness then to ask for permission.
But The Bernank has a nicely trimmed beard.
Or in Laymen's terms. "We are totally fucked".
If interest rates go up 1 point : KABOOM!!!
If QE 3 is larger than 200 billion : KABOOM!!!
If no QE : KABOOM!!!
Options are so cool :)
Sounds like you're celebrating the 4th a little early...
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