We have to act! I don't know what 2 do. More and more i speak to people who are "coming 2" but the momentum is not in are favor. Next year i will be 25 and i feel i should start preparing to run for office. At this point i think its a wast of time to run for any office but that of a federal one. It would be hard for a 25 year old kid to get elected but if no one in Idaho is willing to do it i will give it a shot. If your in Idaho contact me please.
Dr. Paul, thank you for taking the time to talk to us. These little clips are priceless. Will be watching Cavuto in the morning to hear from you again.
This is getting totally absurd. The market is already correcting and the damage is being done. Why can the majority of the US citizens not stop their stealing or money to keep pouring down this void?
Sadly, I feel that most politicians mean to do well. But a few greedy ones and many corrupt experts/indusry leaders continue to make every issue more and more complex and convoluted. It's done with taxes, it's done with donations, with earmarks, with regulations, etc...
And I think the end goal is to make it so complex that an American public with a maximum attention span of 30 seconds can't hope to understand the failings and corruption going on at our goverments highest level.
As our nation's schools fail, fewer and fewer citizens on the street are even able to explain what socialism is; much less why we as Americans should oppose embracing it.
With McCain and Obama as our only real possibilities as next president along with an increasing liberal congress, we're already into for 4 years of failing. But without better education on history, government, economics, freedom, and many other issues - America will soon be sweet talked into voting it's very constitution and bill of rights out of existance.
I wanted to go look at all the possible candidates in Louisiana and found Ron Paul on the ballot! Not that he'll be able to win, but my vote is easy now. I don't have to worry about the lesser of 2 evils.
I think the dollar holding stregnth was talked about in this video, http://www.campaignforliberty.com/blog.php?view=1690 . I think I'm remembering the right one.
Basically the idea seems to be that since all the markets are falling and commodies like oil are dropping...the dollar can't seem to fall. Jim Rodgers was suggesting temporary stabilization with the dollar, ever deflation, followed by rapid inflation.
I'm not an expert however, so I may not have it all right.
But just thinking logically, we use fiat currency. So it's worth what we think it is. Our market is falling so, people are prefering cash to equity. This gives some stregnth. Next look at one of our main measuring stick: other fiat currencies: their markets are crashing too, so they aren't stegnthing from our weakness. Also holding the dollar up. And lastly as so many have said, dozens of countries have huge American dollar reserves that they want to keep value, so they won't act in ways that jepordize their holdings.
I can't pretend I know what's going on, but the jist I'm getting from hearing all the blog/intnet chatter is that some sizable inflation will occur after the market settles.
Dollar is high partly because all money is coming out of everything into dollars. By everything I mean other currencies, stocks, bonds, commodities, real-estate....everything. Everybody wants cash right now. Big money wants cash because their customers want cash, and loans are coming due.
Deflation is still a strong vector acting across the board, but it is likely to be temporary. All this cash is a hot potato looking for open hands (a place to be invested). Given our current course inflation is the most likely result, unless the Fed capitulates, then we could see more $ supply contraction.
It seems Bennie and the Jets are trying to avoid a Depression-esqu money supply contraction by not only printing money, but opening the fire hoses full blast to pump it in to the economy.
Remember the inherently insolvent banking system must attempt to appear solvent. This will happen in one of two ways.
A) Fed/Treasury pumps in money
B) Money supply contracts
Those will be the two primary forces in action. Hedge your bets.
How is it that the American people no longer think? I am an avid supporter of freedom, but our efforts are for not. Not only does everyone I know think that we need more regulations and bigger government, but everyone I know thinks that I am crazy for wanting smaller government. We have become a nation dependent on an incompetent state. It can't and won't change.
Andrew, they all went to government schools. Think propaganda. Pure capitalism ended long ago. What remained has been responsible for the great productivity we have enjoyed and which has diminished the effects of inflation; until now!
In this video, Ron Paul states that during the depression, the federal reserve inflated our currentcy. I don't see how they could have done that. Because we were on the gold standard. How can the federal reserve inflate anything that when we weren't on the same system as today. I can understand how they do it today. But only because our dollar isn't backed by anything. Was it because back then, we had more gold than money?
The gold standard doesn't have much meaning as long as the federal reserve around. They can still just print money and inflate the currency even if we had gold. But the difference is that now our dollar has NO backing (real value). If we were on a gold standard, the fed's action would still have the same effects BUT at least our dollars would be based on something a stronger than confidence.
Our currency was inflated during the 1920's, BEFORE the depression to create a stock bubble which collapsed in the early 1930's. As stated it was government policy of keeping prices high which led to the decade of economic suffering.
Theres tons of interesting videos online about the topic.
This just shows that no one is questioning what is going on. And that every one will blame someone or something else for the problem, then putting the blame on them selves. We are all in this together. We are all to blame. Me, you, government and the even the people driving there cars past my house every second. But we can all fix it. Stay active, stand up and NEVER GIVE UP.
I just watched this again. We need a huge Civics Lesson Plan for the Entire Country. The 7 Articles of our Constitution was created in such a way as make sure something like this would never happen. But on a positive note, Thanks to Dr. Ron Paul in this Campaign for Liberty Web Site with all of you fine men and women who run it (young and old alike) the National Center for Constitutional Studies in Malta Idaho, Steve Pratt and his Liberty and Learning Program, many more I am sure. We have the right tools to spread the word. WE THE PEOPLE" need to take our Country back, starting at the ballot box.
The Old Allentown Curmudgeon
"Educate and inform the whole mass of the people... They are the only sure reliance for the preservation of our liberty."
—Thomas Jefferson
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