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Ron Paul Warns "Greece Today, America Tomorrow?"
Submitted by Ron Paul via The Ron Paul Institute for Peace & Prosperity,
The drama over Greece’s financial crisis continues to dominate the headlines. As this column is being written, a deal may have been reached providing Greece with yet another bailout if the Greek government adopts new “austerity” measures. The deal will allow all sides to brag about how they came together to save the Greek economy and the European Monetary Union. However, this deal is merely a Band-Aid, not a permanent fix to Greece’s problems. So another crisis is inevitable.
The Greek crisis provides a look into what awaits us unless we stop overspending on warfare and welfare and restore a sound monetary system. While most commentators have focused on Greece’s welfare state, much of Greece’s deficit was caused by excessive military spending. Even as its economy collapses and the government makes (minor) cuts in welfare spending, Greece’s military budget remains among the largest in the European Union.
Despite all the handwringing over how the phony sequestration cuts have weakened America’s defenses, the United States military budget remains larger than the combined budgets of the world’s next 15 highest spending militaries. Little, if any, of the military budget is spent defending the American people from foreign threats. Instead, the American government wastes billions of dollars on an imperial foreign policy that makes Americans less safe. America will never get its fiscal house in order until we change our foreign policy and stop wasting trillions on unnecessary and unconstitutional wars.
Excessive military spending is not the sole cause of America’s problems. Like Greece, America suffers from excessive welfare and entitlement spending. Reducing military spending and corporate welfare will allow the government to transition away from the welfare state without hurting those dependent on government programs. Supporting an orderly transition away from the welfare state should not be confused with denying the need to reduce welfare and entitlement spending.
On reason Greece has been forced to seek bailouts from its EU partners is that Greece ceded control over its currency when it joined the European Union. In contrast, the dollar’s status as the world’s reserve currency is the main reason the US has been able to run up huge deficits without suffering a major economic crisis. The need for the Federal Reserve to monetize ever-increasing levels of government spending will eventually create hyperinflation, which will lead to increasing threats to the dollar’s status. China and Russia are already moving away from using the dollar in international transactions. It is only a matter of time before more countries challenge the dollar’s reserve currency status, and, when this happens, a Greece-style catastrophe may be unavoidable.
Despite the clear dangers of staying on our recent course, Congress continues to increase spending. The only real debate between the two parties is over whether we should spend more on welfare or warfare. It is easy to blame the politicians for our current dilemma. But the politicians are responding to demands from the people for greater spending. Too many Americans believe they have a moral right to government support. This entitlement mentally is just as common, if not more so, among the corporate welfare queens of the militarily-industrial complex, the big banks, and the crony capitalists as it is among lower-income Americans.
Congress will only reverse course when a critical mass of people reject the entitlement mentality and understand that the government is incapable of running the world, running our lives, and running the economy. Therefore, those of us who know the truth must spread the ideas of, and grow the movement for, limited government, free markets, sound money, and peace.
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The United States and Greece share many commonalities. In this instance, a highly contagious disease, commonly contracted through unprotected mental intercourse with ideologues such as Krugman. This particular disease is known as Keynesianism. The disease debilitates the host by corrupting its cerebral cortex and establishing a degenerative addiction. This affliction forces the host to in-debt itself through debt monetization and debt instrumentation. As the disease worsens, a borrowing and spending frenzy occurs in a futile effort which exacerbates the condition. In the terminal phase of the disease, the host attempts to achieve escape velocity by borrowing itself out of debt.
Additionally, currency is money and credit is gold and currency is value and gold is barbarous and fed prints gold and dollar is in backwardation. the fed is dumping gold in the comex to suppress the value of currency. people are being paid in gold if they lend their precious fiat to the market
"but we have the worlds reserve currency, there is an endles demand for dollars, which we can print at will, so we will never have that problem"
-Every dumbass economist in the world
Right, and we are also in a recovery. Don't forget about that
Job Situation: http://www.dailyjobcuts.com
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Ron baby, Yes we need to end the open ended checks for warfare and welfare, but don't forget about the entitlement programs for the gov't employees. They surely need to go. And then how about the corporate welfare? Thats the biggest waste of all. Its high time to start over with sane people in control. Exterminate all of the cockroaches currently residng in every corner of DC and NY.
Man, it sure would be nice to see him on the debate stage again. Another 4 years later, more Americans would wake from hearing him speak the truth....even if it were for just 89 seconds.
ron paul that old fart who failed to interrupt obozo...
this guy spend all his time as fearmongerer for revenue since 2012...
"Change you can believe in." "Yes, we can." LMAO
That.cartoon.says.it.all.
Bravo.
This is the best one I have seen in a while on the same subject ...
http://www.acting-man.com/blog/media/2015/07/the-crappen.jpg
Regards,
Cooter
Ron, if you dont start mentioning banksters, you'll never stop having some people think you're nothing more than controlled opposition. Point at the root of the fucking problem, already.
ya, cuz he's never mentioned bankers before, right?
http://www.amazon.com/End-Fed-Ron-Paul/dp/0446549193/ref=sr_1_1?ie=UTF8&...
here ya go
Like many here I once thought that End the Fed was a treatise on curtailing our increasingly obese citizenry but it turns out that it's really about these troublesome bankers who are ruining the country! Who knew?
Foreign Office, November 2nd, 1917.
Dear Lord Rothschild,
I have much pleasure in conveying to you, on behalf of His Majesty's Government, the following declaration of sympathy with Jewish Zionest aspirations which has been submitted to, and approved by, the cabinet.
'His Majesty's Government view with favour the establishment in Palestine of a national home for the Jewish people, and will use their best endeavours to facilitate the acheivement of this object, it being clearly understood that nothing shall be done which may prejudice the civil and religious rights of existing non-Jewish community in Palestine, or the rights and political status enjoyed by Jews in any other country'
I should be grateful if you would bring this declaration to the knowledge of the Zionest Federation.
An interesting article about Balfour:
http://www.balfourproject.org/balfour-and-palestine/
You do know that Nicky Hilton (Paris cuter sister) married James Rothschild this past weekend at Kensington Palace. I thought only members of the Royal Family could get married at Kensington Palace.
You know the royals who are for the most part German and Prince Philipp is German and his family members were in the SS. Because banksters fund all sides for genocidal wars.
The royal subjects being killed by the millions over the centuries along with other Europeans to benefit James family of banksters.
Could be time for the Greek military to make it's self known ???
Woe to the suitors when Odysseus returns. And I imagine that he will return some day in one guise or another.
You think the Greek military elites would see their purchasing power increased under drachma?
Boy what a thought! Have a patriotic Greek General affect a coup and arrest all bankers and greek businessmen, tax evaders, corrupt municiple thugs and government members and start trials to illustrate the crimes committed againt the common greek people.. Establish a true rule of law and nationilize the banks and shipping and any other business that has been corrupted. Corruption in every society is inherent, just use the rule of law to prosecute it, the real rule of law. That's all.
In addition they could make conviction of corruption payable by familial destitution and banishment from business and society.......and there should be jusicious use of the gibbet, for those egieious criminals against their own people......including international finiancial terriorists anywhere in the world, like New York.
I would also encourage them to declare outlaw any agent of Greece or the EU or the USA Governments or any Investment houses involved in unethical or minupulated practices designed to increse profit to the detriment of the Greek people. They should post rewards for the capture and delivery thereof financial terriorists for, trial by jury and goverened by the rule of law and principles of justice and hanging for those truly deserving and make it the real deal. I believe it wold cascade to every country in the world.
The Greeks should, after being terriorized on a national scale should hunt and mangle the terrioists. They have a right, they were preyed on by the professional terrorist class....including Amerika.
Maybe they can start a trend.....
Americans need to get their America back.....the one where we are proud of our country and stand up for what's right no matter who we love of what color we are. I was never in the military, but I understand cohesion and team spirt. We've lost that in the hatred spew from the likes of the radio and the garbage teevee. Those kids, your kids and at risk of death at any second and they know how to watch out for each other......that's what America needs now....A SUDDEN CHANGE with cohesiveness like a troop fighting to stay alive.......I'm going to support and contribute to Bernie Sanders and voulenteer and I believe before it's over Elizebeth Warren will join him on some part of the ticket.....by God, we MIGHT JUST HAVE ONE MORE CHANCE AT SANITY!
I hope you will all see that he is a true American partriot, the only one in the whole clown car race.....how sad.
I think RP meant-
"Greece today, America 2008".
Brilliant!!!
How the fuck people think USSA isn't already Greece is totally fucked in the burrito!! The pig just has a different BBQ sauce on it but in the end it's still a pig waiting to be charred and eaten
when a critical mass of people reject the entitlement mentality""
I wont hold my breath on this one
Corporate USSA is tbe BIGGEST WELFARE RECIPIENT IN THE HISTORY OF CIVILIZATION !!
just in case you've been living under a bridge and missed that in the last 100 years.
"And you can't have a warfare /welfare State without the Banks."
Something we all have been railing against here for years...apparently Greece wasn't listening but Germany was as well.
Sorry but the Paulster's comments ring hollow here. His State of Texas seems FAR from independent from the world he has accurately described.
Honesty is one thing but the political will necessary to execute on it quote another.
I see no one calling for he Secretary of the Treasury to resign.
Therefore "you might have to make that hard money yourself." No easy thing to do...
Anyone with common sense Warns "Greece Today, America Tomorrow?"Fixed it
Or Greece yesterday, America yesterday. It already has happened and we are witnessing what we can in the rear view mirror. Ahead is a little too bumpy to look at.
Street person exposes and then plays with her ginormous breasts in front of Hooters in Downtown Atlanta
Read more at http://www.liveleak.com/view?i=f8b_1436846155#ofOd40IV1zZ6BPRY.99
Warning: Eyewash may be needed after viewing. Even eye bleach.
This is Amerika. Atlanta looks worse than a city in Africa.
I am waiting for the day when the creditors of the USA ask her for collateral for any further loans.
Perhaps then the world might change for the better.
We've got all the collateral in the world over here.
Fuck the Dollar...
Mate, by the time that day comes around, maybe sooner than we think, she will have been stripped of all her assets or found to be pledged in secret agreements to the owners of the Fed. Some people believe that the Federal Reserve Act of 1913 pledged the lands and people of the USA as security and collateral as conditions on the "loans", basically paying the private shareholders of the Fed interest for the privilge of printing money created out of debts. I don't think even the national parks belong to the people anymore. I would love to have this debunked by a lawyer, because it seems so dire.
Dang RP. Congress isn't going to change, period. No one in the "political class" is going to vote for the end of thier own career/gravy train. They will sooner vote for the extermination of the masses. And likely wind up exterminated themselves.
We have to give up sovereignty first.
Almost there.
Are the fucking banksters totally in charge of everything? Have our governments become irrelevant? A handful of banking elites and corporate cronies who own and control everything, while the rest of us have been reduced to being non-represented second-class peasants, is this what we've come to?
Rhetorical question?
I see you're not comfortable with change.
Yes, it happened on 12/23/1913, in case you missed it.
http://en.wikipedia.org/wiki/Federal_Reserve_System
They've used it to slaughter tens of millions since. Luckily, there was some push back against the US military draft, so they ended that 40 years ago or they would've slaughtered millions more.
ive said it before, ill say it again.
when i get asked why i converted to being a libertarian, i say this:
"imagine the last 14-15 years. we have no bush, no obama. ron paul is in charge of the whole shit. there is no debt & no iraq. would you trade that for what we have now - yes or no?"
i simply do it for the dumb fucking look on the persons' face as there is no answer other than yes
1. Elect Ron Paul
2. ????????
3. Profit!
And I can add, do you want to fight the enemy on American soil - yes or no.
Why does everyone constantly talk about needing to "reverse course" or to "head it off" etc. WE ARE WAY past that point. It is only a question of when. It can't be stopped. The debts can't be paid. They were never designed to be paid. They are just there to create interest and to keep the masses distracted.
Exactly. The engine cut out in 2008. We are on a glide path now. The FED is extracting everything it can via savings theft(interest rate suppression) to keep the plane airborne.
If history is any guide, there will be another false flag attack within a year after the sock puppet leaves the White House. I expect it will be blamed on Iran, of course. Then, DC will want to invade Iran. A land invasion will require another draft, that's why Bush never tried. So, expect that false flag to make 9/11 look like a toppled sand castle.
Count the south out of any war , I think we're done
Psst...the enemy lives next door. Want to conquer the invaders? Take over the DMV and destroy the capability of tracing license plate numbers. Take over gas stations. Steal their shoes. Turn off their sewage system. A home becomes a prison when you cannot leave it. Angry teenagers will show us how it is done. America is extraordinary due to its borders. Should the US military members come to the understanding that all Americans of every race, income and religion/political party is going to become stateless, the FEMA camps could hold any enemy combatants who plan on carrying out the agenda of world domination through control of money and food, land and utilities necessary for life. Mexican, Canada and America should become united for this goal or watch their food and energy sources be hauled to ports and sent to China, the last currency standing.
A critical mass reject the entitlement society -- not likely when half the people ARE getting entitlements.
The culture wars being fought on the battlefield of lamestream digital media will never allow anyone with half a brain to enjoy a minute or two of critical thought to even consider what Ron Paul is saying. Divided and conquered. I like him and applaud all of his efforts over the past five decades, and voted for him every chance I got, but his message could not overcome the bankster controlled media. I'm not sure Rand has half the integrity his father has.
Private banks create 97% of money (the UK figure).
They are in charge and I am sure they don't like the idea of sound money.
Here is the BoE to explain:
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneyintro.pdf
http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q1prereleasemoneycreation.pdf
Thanks for sharing Batman11. Very interesting documents. The BoE is the "daddy" of the Fed so to speak. They've been at this for a few hundred years and have served as the model for the colonies and the Fed. They do it via the 'City of London' (secretely under the 'City of London Corporation') whereas we do it under the phony second "government" (District of Columbia Organic Act of 1871) set up in Washington D.C. It makes you kind of wonder just how long these ponzi schemes can go on without collapsing and the populous really understanding it. Mystifying!
The government is incapable of running our lives but it is capable of ruining our lives.
the United States military budget remains larger than the combined budgets of the world’s next 15 highest spending militaries
Love you Ron Paul. Great guy. Good personality.
Hope your grandsons and granddaughters keep up the spirit and help replace governments with open source software.
When we compare the situation in America with that of Greece, there is no comparison as it is thousands of times bigger and has the potential for much more destruction in the U.S.
Time is pretty much up for Greece. For the U.S., there is still time to stop these Fed fraudsters, big banksters, and corrupt congressmen. The background and action steps required to put a stop to this are all found in the following:
'Restoring the Lost Republic' (of the United States of America).
https://mega.nz/#F!J5EEXCDK!_LD4hgaBI3aUqqJc2Ng14A (PDF)
Once on the MEGA website, double-click on the filename to download it directly.
It's time for you and me to take action and stop this madness. Spread the word.
The solutions to our problems are just as simple as they've always been:
Stop voting
Stop filing/paying taxes
The problem is we all have too much to lose by doing so. We're also too busy fighting with each other over skin color, inverted penises and who should have guns.
Until our 'soma' is taken away from us status quo will continue on unabated.
Unlike the Greek country and people, we Americans of the American country have three things going for us:
1) The banksters and their Zionist masters have built up a skyscraper constructed with fiat-debt straw. All we need do is huff-and-puff, and quit paying; Down it will come. We can then light the ruins on fire.
2) History of, and documentation as to the fact of, freedom and Liberty.
3) Firearms. Millions and millions of firearms. Millions and millions of very powerful firearms. Lots of firearms.
See you on the battlefield, or listen for my incessant tapping out of "YYZ" on my cell wall.
Liberty is a demand. Tyranny is submission..
Please explain your method of tapping. Is it Morse code? I don't see how tapping could work for Morse.
No one, not even Ron Paul, believes that a scenario where the government just falls to pieces is possible. We don't have to change or learn or anything for the end to come; government (The State) always destroys itself.
Corporate Welfare & Entitlement USA Inc. offshores their hegemony Petro dollars, and invests in hedge funds that short the bad investments that the American Government has made on the markets. Every day the TBTF Banks bet against American investments from federal student loans programmes to subprime car loans, they know that they are all bad investments that will likely not be repaid in full somewhere down the line.
cha ching
Trying to convince the free loaders to control themselves is pretty hopeless.
The US will never default on it's debt, because the US can always print more.
I know this because Alan Greenspan said so.
America knows that it is already a failed state.
Therefore it has become a rogue nation, trying to topple govts, inciting insurgency, creating terrorist groups(Alqueda, Taliban, ISIS) , going to war on false pretexts, looting nations , and changing govts using dollar paid NGOs mobilized crowds.
Time is running out, the best option for everyone is to :
STOP USING DOLLARS ANYMORE
You state, "the politicians are responding to demands from the people for greater spending"
American's are dependent on "Big Government" because they have been chemically dumbed down, disabled and captured through toxic injury from vaccines, fluoride and GMOs.
They are just seeking a safe haven called the Establishment because toxicity produces, anxiety, fear and depression. Our hidden corporate controllers have handicapped the public and they can't understand what has happened to them.
This vicious circle can only be broken through detoxification and the stopping of the poisoning.