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"US Sanctions On Russia May Sink The Dollar," Ron Paul Fears "Grave Mistake"

Tyler Durden's picture




 

Submitted by Ron Paul via The Ron Paul Institute,

The US government's decision to apply more sanctions on Russia is a grave mistake and will only escalate an already tense situation, ultimately harming the US economy itself. While the effect of sanctions on the dollar may not be appreciated in the short term, in the long run these sanctions are just another step toward the dollar's eventual demise as the world's reserve currency.
 
Not only is the US sanctioning Russian banks and companies, but it also is trying to strong-arm European banks into enacting harsh sanctions against Russia as well. Given the amount of business that European banks do with Russia, European sanctions could hurt Europe at least as much as Russia. At the same time the US expects cooperation from European banks, it is also prosecuting those same banks and fining them billions of dollars for violating existing US sanctions. It is not difficult to imagine that European banks will increasingly become fed up with having to act as the US government's unpaid policemen, while having to pay billions of dollars in fines every time they engage in business that Washington doesn't like.
 
European banks are already cutting ties with American citizens and businesses due to the stringent compliance required by recently-passed laws such as FATCA (Foreign Account Tax Compliance Act). In the IRS's quest to suck in as much tax dollars as possible from around the world, the agency has made Americans into the pariahs of the international financial system. As the burdens the US government places on European banks grow heavier, it should be expected that more and more European banks will reduce their exposure to the United States and to the dollar, eventually leaving the US isolated. Attempting to isolate Russia, the US actually isolates itself.
 
Another effect of sanctions is that Russia will grow closer to its BRICS (Brazil/Russia/India/China/South Africa) allies. These countries count over 40 percent of the world's population, have a combined economic output almost equal to the US and EU, and have significant natural resources at their disposal. Russia is one of the world's largest oil producers and supplies Europe with a large percent of its natural gas. Brazil has the second-largest industrial sector in the Americas and is the world's largest exporter of ethanol. China is rich in mineral resources and is the world's largest food producer. Already Russia and China are signing agreements to conduct their bilateral trade with their own national currencies rather than with the dollar, a trend which, if it spreads, will continue to erode the dollar's position in international trade. Perhaps more importantly, China, Russia, and South Africa together produce nearly 40 percent of the world's gold, which could play a role if the BRICS countries decide to establish a gold-backed currency to challenge the dollar.
 
US policymakers fail to realize that the United States is not the global hegemon it was after World War II. They fail to understand that their overbearing actions toward other countries, even those considered friends, have severely eroded any good will that might previously have existed. And they fail to appreciate that more than 70 years of devaluing the dollar has put the rest of the world on edge. There is a reason the euro was created, a reason that China is moving to internationalize its currency, and a reason that other countries around the world seek to negotiate monetary and trade compacts. The rest of the world is tired of subsidizing the United States government's enormous debts, and tired of producing and exporting trillions of dollars of goods to the US, only to receive increasingly worthless dollars in return.
 
The US government has always relied on the cooperation of other countries to maintain the dollar's preeminent position. But international patience is wearing thin, especially as the carrot-and-stick approach of recent decades has become all stick and no carrot. If President Obama and his successors continue with their heavy-handed approach of levying sanctions against every country that does something US policymakers don’t like, it will only lead to more countries shunning the dollar and accelerating the dollar's slide into irrelevance.

 

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Mon, 08/11/2014 - 20:14 | 5079640 Deathrips
Deathrips's picture

Ron,

 

No Shit, they want to blame this on Russia!!

 

Has nothing to do with Quadrillions of counterfeit instruments, fractional reserve lending and garbage for collateral....

 

on and on and on..... /faceplant/

 

RIPS

Mon, 08/11/2014 - 20:20 | 5079665 knukles
knukles's picture

D-u-fing-h
Cut people off from your currency, depreciate it or make it difficult to use and whaddya think's gonna happen?
Listen.... There are enough smart as in decently intelligent to figure this shit out.
Either abysmal ignorance or an evil plan.
I'll take the latter.
Within the Prism of Cloward Piven, it all makes sense.
And is going along swimmingly.

Mon, 08/11/2014 - 20:44 | 5079785 max2205
max2205's picture

Ron Paul is not worth listening to.

Blah blah blah.

All show no go.

All hat no cow

Mon, 08/11/2014 - 20:47 | 5079801 Quus Ant
Quus Ant's picture

What are you expecting him to do?

Mon, 08/11/2014 - 20:57 | 5079848 Anusocracy
Anusocracy's picture

Yeah, 434 to 1 and a mentally retarded populace, what do you expect?

Miracles?

Mon, 08/11/2014 - 21:37 | 5080045 TahoeBilly2012
TahoeBilly2012's picture

Hey man, it ain't your Country and it ain't your world. There are PTB that have a NWO to build, shutup and suck it up punk. 

Mon, 08/11/2014 - 22:37 | 5080304 Anusocracy
Anusocracy's picture

Mr. Punk to you.

I demand respect.

Mon, 08/11/2014 - 23:52 | 5080504 Ariadne
Ariadne's picture

Let the truth be known, properly equip the populace to clean up the mess and stand back.

Mon, 08/11/2014 - 21:27 | 5080003 ClassicCommodity
ClassicCommodity's picture

Agree with Max. Same old same old. Blah Blah

Tue, 08/12/2014 - 00:06 | 5080531 TheMeatTrapper
TheMeatTrapper's picture

Are you fucking stupid? The same old same old spews forth from CNN, MSNBC. FoxNews and the White Hut. Ron Paul and his views are in stark contrast to every other outlet. 

Why don't you face reality and man up for a change?

Tue, 08/12/2014 - 02:03 | 5080705 StychoKiller
StychoKiller's picture

Meh, my only quibble with the article:  I don't believe that China is one of the world's largest food producers.

Mon, 08/11/2014 - 21:19 | 5079953 Hugh G Rection
Hugh G Rection's picture

Don't be so short sighted ZH.  This shit show with Russia is only foreplay before the next great bankster harvest.

WW3 is uber bullish for the MIC and the money lenders. Dollar, Amero, or RFID chip up the ass will be fine once the mushrooms clouds settle.

More wars based on lies

Mon, 08/11/2014 - 23:02 | 5080106 TeethVillage88s
TeethVillage88s's picture

Yeah, US Bankers actually DISPROVE the Black Swan Theory.

Not so much that they have avoided complete Collapse and Chaos...

But we can make a laundry list of Fraud, Corruption, and things that Ron Paul has been pointing out. It is not the one Black Swan. And I think the Narrative of what happened in the 2008 Financial Crisis (Global) is false and a cover-up. We know this since World Leaders and Investors must have been close to thinking War With the USA. But US History doesn't have anything about this.

The Strength of the USA, It's Economy, and it Fraudulent Bankster has been great. But there must be a "Law of Exponential Shit Thinking" that says the US System is coming down because of "Poor Stewardship" and False Accounting, False Financial Ratings, and Fraudulent Financial & Corporate Structures.

Mon, 08/11/2014 - 20:19 | 5079674 Mr Pink
Mr Pink's picture

I've said it before and I'll say it again...

These scumbags aren't stupid, they're criminals

Mon, 08/11/2014 - 23:38 | 5080479 Anusocracy
Anusocracy's picture

Yes, criminals that make laws.

Mon, 08/11/2014 - 20:47 | 5079763 Escrava Isaura
Escrava Isaura's picture

Ron Paul: "US Sanctions On Russia May Sink The Dollar," Ron Paul Fears "Grave Mistake"

Mr. Paul,

1) The dollar is sinking because US lifestyle is unsustainable. War/Sanctions are scapegoats

2) And military expenditures are great for GDP and jobs

Mon, 08/11/2014 - 21:58 | 5080151 Omen IV
Omen IV's picture

The entire $17 Trillion debt can be traced to military adventure since 1951- nothing to do with lifestyle

You dumb fuck!

Wed, 08/13/2014 - 10:49 | 5087167 forensicator
forensicator's picture

more than $17 trillion spent on the War on Poverty you mean. http://rsc.woodall.house.gov/uploadedfiles/pb_povertyandgovernment_08281...

Mon, 08/11/2014 - 21:58 | 5080152 Omen IV
Omen IV's picture

The entire $17 Trillion debt can be traced to military adventure since 1951- nothing to do with lifestyle

You dumb fuck!

Tue, 08/12/2014 - 07:22 | 5080978 Escrava Isaura
Escrava Isaura's picture

Omen IV,

There's a say that goes like this:

Before speaking... Think

Before writing... Research

Otherwise you sound really stupid..... Let me show you:

US Private Debt (Not including financials and government) = $42 trillion dollars / 316 million Americans = $133 thousand each man, woman, and child.

Check second line:

http://www.federalreserve.gov/releases/z1/Current/accessible/l1.htm

Mon, 08/11/2014 - 22:13 | 5080215 TeethVillage88s
TeethVillage88s's picture

You have some interesting comments.

Let me try to add some examples that might be pertinent:

A) Downward Sticky Wages, No one wants to take lower wages, but sometimes our skills are not current, the Peter Principal Applies, and if the Industry and Companies are not growing in Productivity then wages should shrink, of course Executive wages only shrink after the position is vacated but the incumbent can see the writing on the wall by that time
B) Avg Household & Young Adult wants to maintain high expectations, high salaries, and high expenses if they are from the middle class even though the Labor Force is shrinking, without retraining, re-education, getting additional skills, downsizing housing, downsizing autos, cutting food expenses, and leaving US Health Care System would be a good idea except that there are few jobs overseas for youngish US People (Retired or able to invest is better)
C) Europe & Latin America & Asia have Public Transportation that is affordable and many citizens rely on public transportation everyday, in the USA you have to be in the right city to be able to use Public Transportation to work, although buses seem the best type, uh, well maybe US Citizens just have to accept living without a car to shift the paradigm

Tue, 08/12/2014 - 07:24 | 5080989 Escrava Isaura
Escrava Isaura's picture

TeethVillage88s,

It's not complicated:

1) Peak global reserve currency (dollar). American lifestyle it's about to collapse

2) The Long Descent: The End of the Industrial Age – By Greer

3) We live in a finite planet

4) Demographics ‘Population’ still growing exponentially

Mon, 08/11/2014 - 23:02 | 5080390 globalvagabond
globalvagabond's picture

Exxon drills ahead with plenty of now-banned pipe and Norway sells more offshore drilling rigs.  Arranged pre-sanctions of course.  Get your facts straight.  These sanctions are toothless by design.

Mon, 08/11/2014 - 20:19 | 5079671 surf0766
surf0766's picture

His intention is to crush the dollar. Top down, bottom up, inside out.

Mon, 08/11/2014 - 20:45 | 5079764 Quus Ant
Quus Ant's picture

The dollar IS crushed.  His(Obama's) intention is to pass the buck. 

 

Mon, 08/11/2014 - 20:20 | 5079675 NoDebt
NoDebt's picture

Empires don't collapse for a single reason.  They collapse for a lot of little ones.  Add this one to the heap.

Someday you'll hear a cracking sound (only if you listen very closely) and you'll know the camel's back just broke.

 

Tue, 08/12/2014 - 02:14 | 5080716 Implied Violins
Implied Violins's picture

The camel's been dead for some time. They just stuck a horse under it.

Now, the horse is about to die. Once it does, we better beat that fucking thing until all the maggots are dead. If even one fly escapes, the disease goes with it...

Mon, 08/11/2014 - 20:21 | 5079678 F0ster
F0ster's picture

DC knows the Dollar is a gnats fart away from collapsing and Putin is the fall guy obviously. This is a mutually agreed upon 'backroom' arrangment I believe.

Mon, 08/11/2014 - 20:22 | 5079685 db51
db51's picture

Ron Paul.   Dear God.   Please get all of these political creeps out of our face.   Ron Paul Rand Paul hillary Clitoon, Romney, McCain Boner,  they're all the same.   Fucking sick of looking at their fucking faces and listening to their incessant drivel.   Fuck em all.

Mon, 08/11/2014 - 20:33 | 5079735 Grande Tetons
Grande Tetons's picture

No down arrow from me. 

I agree with your sentiment for the most part. However, RP does seem to be a decent man behind the surface. He is not perfect...but he is decent. 

Mon, 08/11/2014 - 20:46 | 5079796 fonzannoon
fonzannoon's picture

down arrow from me. There is a stark difference between RP and the rest. It ain't RP's fault not enough people embraced him to give him a shot. We will never know. But you can't just lump him in there.

Mon, 08/11/2014 - 22:19 | 5080234 TeethVillage88s
TeethVillage88s's picture

I agree. There are few Congressmen that I would listen to. Ron Paul is one. You may disagree with me on all the rest that I like. But I have no knowledge that Ron Paul is less that Sterling.

Ron Paul is the Answer to Lobbying and Financial Interest.

Ron Paul probably would have set up a Reformist Government.

Mon, 08/11/2014 - 22:32 | 5080278 Slave
Slave's picture

Ron Paul, unforunately, is just a wet dream. They would never (and did not) allow him to become President. If somehow it happened, he'd be setup with a neocon VP and be assassinated.

Look how Fox News treated him. It was lost from the beginning.

https://www.youtube.com/watch?v=54WFoV-veCM

Mon, 08/11/2014 - 20:47 | 5079805 denverdolomte
denverdolomte's picture

I did downvote you. 

 

In this bizare world, yes agreed, get the political voices out of our faces just meaningless dribble. My counter question would be please list me anyone who has openly opposed and made numerous attempts to warn of the coming economic disaster since the late 80's? (in the political realm)

 

Having actually met this man at a cafe in San Diego, I can say I've never met such an honesty homely person of political nature. No security, shook hands and spoke with anyone that approached him, had a wonderful demeanor about him, enjoyed his time with his wife and grandchildren. Yes some of his ideas are off the wall and at times archaic, but we have not and probably will not see the likes of his honesty in the public realm again. 

Hate him if you must but unless your going to go about changing the world yourself, understand that your comparison of linking Ron Paul to McCain is possibly one of the most uneducated assumptions I've ever heard. Maybe pick up some books and read into the reality of geopolitical happenings and their inception some hundreds of years ago and their outcomes. 

Mon, 08/11/2014 - 20:58 | 5079845 Silky Johnson
Silky Johnson's picture

You lumped a man that often makes staements of truth with a bunch of fucking crooks that have never spoken a word of truth in their whole lives. And it's true Rand Paul is a little fuckin puke that fell far from the tree.

Much love for Dr. Paul.

Mon, 08/11/2014 - 21:29 | 5080016 Berspankme
Berspankme's picture

Rand is a politician. Ron never was

Tue, 08/12/2014 - 08:54 | 5081205 sfisher
sfisher's picture

I am a big fan of Ron and Rand.  The question I have is, even if Ron were elected President and Rand were to be his VP and they had all of the Austrian economists on their cabinet, would it really matter at this point?  At this juncture, are the issues insurmountable and this effort would only delay the inevitable collapse (and be blamed on their approach).  Perhaps, the biggest upside of Ron/Rand would be that we would have a chance to collapse without WWIII?

 

Mon, 08/11/2014 - 21:03 | 5079879 Savyindallas
Savyindallas's picture

You are one stupid fuck. Go blow yourself.

Mon, 08/11/2014 - 21:30 | 5079963 Tall Tom
Tall Tom's picture

The technical term for that is autofellate.

 

Now one either has to be a contortionist or lack a spine to do so.

 

The way that Ron Paul was lumped into a bunch of LYING CROOKS is most evidential of CONTORTION.

 

And my bet is that he also LACKS A SPINE as he will not go out to hunt with me.

 

Thus db51 is the perfect candidate for being an autofellator.

 

For db51's convenience here is my address.

 

12223B Woodside Ave., Lakeside, CA, USA.

 

I will not hold my breath waiting.

Mon, 08/11/2014 - 22:47 | 5080342 TeethVillage88s
TeethVillage88s's picture

Tall_Tom; This guy db51 is probably in his Teens or 20s, so he is typical useless eater till he grows up. But you could be a level headed Patriot. You remind me of someone first born and older than me. Maybe a little Reckless.

You and db51 can be Patriots, can support the US Constitution, and can speak out in a very effective way that I will not... For db51 it will take 10 years for him to grow into this. You are older and more experienced. You are dangerous. However, you seem to be Suicidal.

Don't bring shit on yourself. Expose shit. Publish. Watch activism and maybe publish that stuff. Watchdog.

Look no one listens to me. So you won't. No BigD. But instead of Catching Shrapnel, maybe you want to pass info and expose corruption?

Tue, 08/12/2014 - 05:18 | 5080880 Tall Tom
Tall Tom's picture

Yeah...Perhaps I am a bit suicidal.

 

I am at the point where there is no joy in watching the breakdown. I just do not care to live under the jackboot of an oligarchy.

 

I have read other posts by db51 and I believe that he has the makings of a Patriot.

 

But he was far out of line by doing what he did. That just was not right.

 

I believe that Ron Paul is a good and decent man. He was not a politician by any means. But he loves his country and her people. He is a moralist. I happen to agree with many of his attitudes...not all of them...but most.

 

But he is not a liar and I know that he means what he says.

 

Perhaps you are right that db51 is a youngster. Perhaps he will mature and become wiser. (Hell I have not become wise, even at my age of 55 Years.)

 

But what I hope that you understand is that my "Fight Club" persona is just that.

 

Hell I am just as "dangerous" as anybody else. Some of the Military posting here are probably more dangerous than me. They just do not teach. (They need to teach...)

 

As for anyone coming over I would like to take them hunting...or shooting. (I am not going to shoot them...)

 

But, if needed, I will lay down my life for others. I am convicted in my beliefs about Liberty and Freedom. I do not fear death but only the process of dying.

 

Liberty and Freedom is our only hope. I can see turmoil and revolution ahead. I am hoping for the best but I do not see the manifestation thereof. Thus I also PRUDENTLY prepare for the worst. I am not as "reckless" as I let on to be.

 

I did read you and I have paid you due attention. Believe it or not most contribute something of great value here. (I get more from the comments than I do the articles.)

 

And you can bet that I will continue to expose truth and uncover deceit and lies because that is what matters.

Mon, 08/11/2014 - 22:28 | 5080258 TeethVillage88s
TeethVillage88s's picture

What is the Projected Life Span of db51?????!!!!!

Inquiring Minds want to Know.

Tue, 08/12/2014 - 00:09 | 5080534 TheMeatTrapper
TheMeatTrapper's picture

@db51:

Why don't you shut the fuck up, step up to the plate and show us why Ron Paul is wrong and you are so much better? 

Put up or shut up. It's really pretty simple. 

Of course, being the little bitch ass pussy you are, you'll have nothing substantive to say, will you?

Mon, 08/11/2014 - 20:23 | 5079686 HippieHaulers
HippieHaulers's picture

It seems to me this is all part of the plan. Destroy the dollar to bring in Amero and end our sovereignty. US citizens have this pesky illusion of liberty and these pesky guns. The sooner we can get over that the sooner we can have our one world government utopia.

Mon, 08/11/2014 - 20:23 | 5079687 HippieHaulers
HippieHaulers's picture

It seems to me this is all part of the plan. Destroy the dollar to bring in Amero and end our sovereignty. US citizens have this pesky illusion of liberty and these pesky guns. The sooner we can get over that the sooner we can have our one world government utopia.

Mon, 08/11/2014 - 20:33 | 5079731 PeeramidIdeologies
PeeramidIdeologies's picture

That NAFTA business is a shysty little piece of work that was drawn up years ago. Really makes you wonder.

Tue, 08/12/2014 - 03:22 | 5080829 Ghordius
Ghordius's picture

this is a view that confuses causes and effects. mixed with a few soundbites of truthiness

btw, did you note? Ron Paul writes "There is a reason the euro was created..."

Tue, 08/12/2014 - 07:29 | 5081020 PeeramidIdeologies
PeeramidIdeologies's picture

Are you insinuating that it was not created in anticipation of a loss in sovereignty or perhaps a currency crisis? I haven't reviewed the details of the agreement in years but I recall it having a definite "lean" in certain "directions" that as a north non-American were troubling.

I have not seen the exact writing, but have heard tell of it. It is not difficult to recognize the reasoning behind the push to put the "world" under one roof. There are plenty of expert opinions as to why this movement is beneficial to everyone, despite much evidence to the contrary. Attempting to channel commerce through specific check points is great for the gate keepers, everyone else, not so much.

Tue, 08/12/2014 - 07:48 | 5081054 Ghordius
Ghordius's picture

insinuating? Hippiehaulers was talking about US "loss of sovereignty". You are talking about the EUR, aren't you? Further, he is talking about "a plan", of the kind of "master plan", which is the view of those who think the whole world is steered by the same hidden group. And you are talking about "pushing the world under the roof", (with "world"?), which is again one of those US "ideas" which make very little sense to foreigners, both as workable concept and as reasonable assumption, usually used to moan against the UN or whatever "scares the little man on the street"

yes, the EUR was created in anticipation of eventual currency wars. which are here

yes, the EU was created in anticipation of eventual trade wars. which are here

no, both were not created in anticipation of anything from the US - otherwise they would have had a different story. in fact, they were created in anticipation of the US not learning anything and for sure not changing anything in it's stance towards the world. which is the current situation, complete with Freedom Fries in the US Congress Cafeteria

Tue, 08/12/2014 - 13:05 | 5082443 PeeramidIdeologies
PeeramidIdeologies's picture

I was talking about NAATA and the Amero, but I suppose we could put them in the same group. Is it some kind of surprise to you that the average person is wary of the agenda's being driven by oligarchies? These people are dangerous. They start wars, collapse governments, create currencies, then manipulate them. They are above the laws they enact. The shear amount of influence they wield creates problems that require solutions, that beget more problems. Whether or not the world is under control of a small shadowy group of individuals is irrelevant. It is most definitely under control of a small shadowy group of ideas that must be dissipated.

Mon, 08/11/2014 - 20:28 | 5079704 Seasmoke
Seasmoke's picture

Serious question.

 

BEFORE I use the dollars for wallpaper and toilet paper, can I drop a wheel barrow full of them at bank and pay the mortgage off ???

Mon, 08/11/2014 - 20:46 | 5079802 espirit
espirit's picture

That's what my debt instruments are written in... dollars.

And that's what they're going to get, as I won't renegotiate.

Tue, 08/12/2014 - 00:47 | 5080615 Real Estate Geek
Real Estate Geek's picture

Good luck with that.  The  precedent was set with the gold clause cases. 

Mon, 08/11/2014 - 21:49 | 5080099 Simple J. Malarky
Simple J. Malarky's picture

That's what I'm banking on.............Ron is the man.

Mon, 08/11/2014 - 21:49 | 5080100 Simple J. Malarky
Simple J. Malarky's picture

Double post

Mon, 08/11/2014 - 20:27 | 5079707 Meat Hammer
Meat Hammer's picture

Mistake? You know you don't mean that, Ron.

Mon, 08/11/2014 - 20:36 | 5079713 PeeramidIdeologies
PeeramidIdeologies's picture

Common Ron! The dollar is already dead. They are just going through the motions.

Time for a new discussion. What is next? The world is a getting closer to absolving the dollar from its global standing, but no where close to co-ordinating another global currency. IMO attempting anything similar to what the dollar had will be very difficult for years, maybe gyrations to come.

Therefor how does global trade continue without the stablizing (albeit unfairly) effect the dollar denominated trade? Seems to me there will be some volitity coming to the forex crowd in the medium term, as well as credit line disruptions, and trade discrepancies.

America you gonna have some s'plainin to do...

Edit* Yes, I see the word gyrations in there.... And I like it.

Mon, 08/11/2014 - 20:30 | 5079720 yogibear
yogibear's picture

The American Peso will replace it. A new improved currency so Amerika can join the other turd world countries.

Mon, 08/11/2014 - 20:31 | 5079725 ebworthen
ebworthen's picture

I'm hoping that the U.S. pissing everyone off and doing stupid shit will make it easier to expatriate.

I'll probably tell everyone wherever I go that I'm from Canada; Son of Vietnam draft dodger.

Tue, 08/12/2014 - 13:32 | 5082582 Farmer Joe in B...
Farmer Joe in Brooklyn's picture

.....until we piss off everybody so much that we're sent to the corner for a permanent time-out. 

At some point along the way, the US Gov will become much more aggressive coralling in all assets.  FATCA will pale in comparison to what will eventually come.  Get those assets out and buried while you can.

Mon, 08/11/2014 - 20:34 | 5079739 dr.charlemagne
dr.charlemagne's picture

This article nails it on the head. One word above all others describes the history of the world "HUBRIS." The undoing of everything great.

Mon, 08/11/2014 - 20:38 | 5079759 22winmag
22winmag's picture

Ron Paul (not Clinton, Bush, Obama, etc) is living proof that genuine, significant change will never come from within an utterly corrupt system.

Mon, 08/11/2014 - 20:41 | 5079775 bigrooster
bigrooster's picture

Ah the acts of a dying dynasty...RIP America 1.0.  I welcome America 2.0...FSA not invited!  

Mon, 08/11/2014 - 21:26 | 5079987 PeeramidIdeologies
PeeramidIdeologies's picture

You will never defeat the free shit army. They come from all walks of life with pre-scripted justification, and an eye for hand outs. All one can do, is count your blessings, give to those less fortunate, and keep a clear line in the sand.

Tue, 08/12/2014 - 00:13 | 5080540 TheMeatTrapper
TheMeatTrapper's picture

"You will never defeat the free shit army. They come from all walks of life with pre-scripted justification, and an eye for hand outs."

Absoultely corrrect sir. It amazes me how white "conservative" Republicans will defend the entitlement system to the death while blaming the Democrats for everything - and vice versa.

Mon, 08/11/2014 - 20:42 | 5079777 Grande Tetons
Grande Tetons's picture

22winmag,

True. Which is why Bernanke just had to sit in his little chair take the shit storm from RP and then return to his post while laughing his ass off. 

Mon, 08/11/2014 - 20:42 | 5079780 Seize Mars
Seize Mars's picture

Ron is the man. He's a gentleman so he's not going to come out and say what we all know to be true: the death of the dollar is on purpose, by design.

Mon, 08/11/2014 - 21:26 | 5079991 Xploregon
Xploregon's picture

Dear Mars Space Cadet- Please go back to the article "The Coming Tectonic Shift That 99% of Investment Professionals Are Unprepared For" for the reply I left you regarding your uninformed comment on that thread.

BTW and FWIW- I'm a/was big Ron Paul supporter.

Mon, 08/11/2014 - 21:33 | 5080030 Seize Mars
Seize Mars's picture

Xploregon

LOL you're a fucking digital stalker too? Jesus get a life.

Mon, 08/11/2014 - 21:39 | 5080056 Xploregon
Xploregon's picture

YUP! I just can't get over how ignorant kids living in moms basements can be!

Mon, 08/11/2014 - 22:09 | 5080197 Stumpy4516
Stumpy4516's picture

Mars, that is not being a gentleman but being a coward and worthless.  Ron has always wanted to make small waves but refused to actually tell the truth or get right down to the point.  Considering what a tool his son is I have to think Ron the hero is a phoney.

Fancis Sawyer would be much better but his truth keeps getting him expelled from this site.

Mon, 08/11/2014 - 22:12 | 5080210 Seize Mars
Seize Mars's picture

We'll have to agree to disagree.

Tue, 08/12/2014 - 09:48 | 5081423 Dickweed Wang
Dickweed Wang's picture

Ron has always wanted to make small waves but refused to actually tell the truth or get right down to the point.

TPTB have shown time and time again that too much truth at the political level of someone like Ron Paul gets you a bullet in the head, or death in a plane crash, or a mysterious heart attack, or . . . . 

I don't blame the man for trying to say what needs to be said without sacrificing your life in the effort. A dead man tells no tales.

Mon, 08/11/2014 - 20:56 | 5079843 Kirk2NCC1701
Kirk2NCC1701's picture

The inevitable will happen: the USD demoted from its arrogant GRC heights, to a more appropriate RRC (Regional Reserve Currency).

Sorry, no promotion to SDR for you!

Mon, 08/11/2014 - 21:02 | 5079870 Son of Captain Nemo
Son of Captain Nemo's picture

Good!

Been waiting 13 fucking years for it to happen with 6 years ago being the "flashing neon sign" that was the last chance that said get off this train or else... 

Let it die already so that we can start over!

Mon, 08/11/2014 - 21:04 | 5079884 The worst trader
The worst trader's picture

What mistake?

Mon, 08/11/2014 - 21:08 | 5079905 limacon
limacon's picture

Million dollar baby grew to six million dollar man . He grabbed a fistful of dollars , then was Deflated for a few dollars more . He now begs the good,the bad and ugly : "Brother , can you spare a dime?"

Mon, 08/11/2014 - 21:28 | 5080007 PeeramidIdeologies
PeeramidIdeologies's picture

Don't be a bogart

Mon, 08/11/2014 - 21:20 | 5079961 fonzannoon
Mon, 08/11/2014 - 21:58 | 5080145 HamRove
HamRove's picture

Is Ron Paul tired of being right?

How do you know Ron Paul is right?...his lips are moving.

Mon, 08/11/2014 - 21:59 | 5080158 MontgomeryScott
MontgomeryScott's picture

Watch for the OPEC nations to declare that they will no longer accept USD in trade (OR; that they will now accept other forms of fiat currency; OR, that they will only accept commodities). THIS will be the straw that broke the broke camel's back, in all probability.

USD bill 'fire sale' ensues worldwide... UST bill notes called EN MASSE... TRILLIONS and TRILLIONS...

Obama will be playing golf when the shit hits the fan (hopefully).

It will play out in the space of hours.

The mathematics of the situation; combined with the political issues, have already made the determination.

The Titanic (nee. Olympic) could stay afloat with three or even four watertight compartments breached, but not FIVE. after that point, it became a mathematical certainty that she would founder.

President Paul had one quality that forbad him from being S-elected (besides his honesty and his moral convictions and the fact that he strictly adhered to the Constitution For The United States, R.I.P.). He was too much of an optimist.

It's inevitable.

http://www.youtube.com/watch?v=PHlQBa3CjhY

I'm in the CONUS, and I'm watching the events as the timeline is going parabolic over here.

I only have a few thousand rounds for personal protection.

WHEN martial law is declared, all bets are off. High-value targets and stockpiles of weapons, food, and water are of first importance. Rioting hordes are easy targets.

Most of the people I know around the area know what's up, and have been preparing as well. They see the riots beginning, and are now beginning to carry. If the worthless welfare leech maggot niggers in MO. want that worthless scrip inside the ATM at that gas station they burned to the ground, then that's just fine with me. Personally, shiny badges are much better targets (they glint in the moonlight), but if the niggers think that 'justice' is looting, then this simply shows that they are as bad as the ones who have looted this nation. Second-and-third-generation welfare children and Crack addicts become simple ANIMALS (and this is evidenced anytime they 'riot').

This has nothing whatsoever to do with 'skin color'. There's LOTS of white nigger trailer trash. HELL there's an offspring Mulatto in the fracking WHITE HOUSE, for god sakes.

Tue, 08/12/2014 - 09:41 | 5081403 Dickweed Wang
Dickweed Wang's picture

Watch for the OPEC nations to declare that they will no longer accept USD in trade (OR; that they will now accept other forms of fiat currency; OR, that they will only accept commodities). . . . . .

This is exactly what Dr. Jim Willie (http://www.goldenjackass.com) has been predicting for some time.  His precictions in the past have been (mostly) spot on so I say the confidence level in this happening sooner rather than later is pretty high.

Tue, 08/12/2014 - 11:49 | 5082043 Monty Burns
Monty Burns's picture

"It will play out in the space of hours."

I very much doubt it. It's playing out right now and the pace will quicken over time. Years to go yet before the doomsday scenario you depict occurs.

Mon, 08/11/2014 - 23:50 | 5080500 Ariadne
Ariadne's picture

Obama did say he wants to be like Woodrow Wilson, the rat bastard who launched WW1 for his queen & signed us into debt bondage. 

Tue, 08/12/2014 - 03:01 | 5080801 zerohedgejjxxzz12
zerohedgejjxxzz12's picture

The dominoes have started to fall and they are falling fast, the US Gov is so arrogaunt they think they can still pull this off, are they that stupid?Really? Obozo sure plays the part, or is this a plan as some say to kill the dollar.

As for Ron He is the Man!

For those who think he is/was not feisty  Watch this old videoRon Paul on Morton Downey Jr. - 1988 I am sure that 30 years of fighting with these idiots will burn you out.

Tue, 08/12/2014 - 03:11 | 5080817 lost money
lost money's picture

plz explain to me why you people keep listening to this azz hat?

Tue, 08/12/2014 - 05:23 | 5080883 Space Animatoltipap
Space Animatoltipap's picture

Paul should have remained a doctor. He is wrong on more or less everything political and monetary. That's the problem with these libertarians; these crazies don't understand the world of death. One thing for instance is that there is no liberty in that place. And we live in the world of death. Really, one has to die after some time ...

Tue, 08/12/2014 - 09:27 | 5081337 SMC
SMC's picture

The US Dollar can not collapse fast enough.

It is the least painful way to stop the insanity.

Tue, 08/12/2014 - 09:30 | 5081343 rbianco3
rbianco3's picture

I always appreciate listening to Ron Paul. One can only guess what would have happened if things happened differently in the Republican primaries in 2012. I mean who really knows what would have happened if Dr. Paul's results would have been reported accurately (from the beginning) and people were not brainwashed into believing that he could not win. His win in Iowa, MN, Maine, etc. could have easily turned the tide, hence the reason the GOP went to such extreme lengths to change the perception, that Paul could not win, and they succeeded. I can think of two presidents that got voted in against TPTB's intention, Kennedy & Reagan, and we know what happened to both. I fear that nothing will stop the Rand Paul tidal wave in 2016, and that he will face the same risk. Of course that is just my humble opinion. 

I might be jaded though, we were scammed by Seterus which led to loss of our home so I am all about getting someone who isn't afraid of TPTB. I personally believe Rand Paul is a politician, but I also think that he knows what he has to do to win, and once he gets into office he will be free to do what his upbringing taught him. Who knows maybe I am deluded but I digress from the point.

Tue, 08/12/2014 - 09:35 | 5081369 Dickweed Wang
Dickweed Wang's picture

I fear that nothing will stop the Rand Paul tidal wave in 2016, and that he will face the same risk. Of course that is just my humble opinion.

I agree with most of your post but unfortunately Rand Paul is NOT Ron Paul.  They're two very different political animals.

Tue, 08/12/2014 - 10:19 | 5081579 rbianco3
rbianco3's picture

Somehow, I was hoping that Rand was just putting on a show. I can't believe the apple would fall that far from the tree. If he were putting on a show to get elected it would be pretty brilliant because it is the only way to get elected, and even if he did have a tidal wave of support it would need to be dominant enough to overcome the media machine. You are probably right... wishful thinking here.

Wed, 08/13/2014 - 02:47 | 5086007 onmail
onmail's picture

Homo pothead OhBama is on a mission to sink the Dollar , create crisis & chaos , and (maybe) just like in African countries , declare a state of emergency , grab power and rule America forever (the genes speakout). 

Wed, 08/13/2014 - 16:58 | 5089063 Atlas Crapped
Atlas Crapped's picture

Once you understand who's calling the shots on killing the dollar, you'll realize the USG is merely doing their bidding ...

www.roacheforque.blogspot.com

Do NOT follow this link or you will be banned from the site!