Ron Paul: "Nothing to fear from global currency" (C-SPAN 3/13/2001)

YouTube ^ | Aug 19, 2011 | C-Span

[Nachum]

This clip, taken from C-Span, from a House session dating back to March 2001, shows Ron Paul stating there is nothing to fear from a global currency.... as long as it's backed by gold, of course. Listen at 0.32 (more in your face numerology), where Paul states there being nothing to fear from a "single, worldwide currency." He then goes on to praise the wonders of globalism, which he also claims is nothing to fear.

Is the establishment running scared of Ron Paul, or is that what "they" would like you to think? Is it so absurd to think they could be promoting Ron Paul while simultaneously "ignoring" and "attacking" him, thus giving him a sort of legitimacy in the eyes of a targeted vector in the never-ending dialectic scheme of mass media mind control?

What if abolishing the Fed has been in the plans all along, only to be replaced with something ever bigger and more nefarious?

[ExCTCitizen]

Bozo The Clown is not running for president, he is in the WHITE HOUSE.

[mvpel]

Gold backed currency, especially for the US, is a fantasy. That is the reason only RP is talking about it.

The current situation of a currency backed by the government's promises to tax the crap out of our grandchildren on behalf of private banks is even more of a fantasy - in which devaluing the dollar by ONLY 85% will be a fond memory by the time you and I die - yet we're still clinging to it. Who's more delusional, Ron Paul or Ben Bernanke?

[A.Hun]

The current situation of a currency backed by the government's promises to tax the crap out of our grandchildren on behalf of private banks is even more of a fantasy.

If you are talking about the TARP and the Fed's actions in the collapse of 2008, it hardly cost anyone anything. TARP cost us a total of 19 Billion...about $60 for each American.

The Fed's actions made money.

Who's more delusional? Ron Paul by a country mile.

[Concentrate]

There’s a lot to feel good about with Iowa. After having no voice for many years, citizens who don’t buy into the perpetual war doctrine now have a seat at the table. ‘It is time to travel back in history and compare to the 2008 GOP Iowa Caucus. The winner of the caucus was Mike Huckabee with Mitt Romney taking second and John McCain in fourth. Take a look at the vote Ron Paul obtained in the 2008 caucus, a measly 11,841 votes. Compare to his third place finish in the 2012 caucus of over 25,000 votes’

It was remarkable to hear Sarah Palin say Paul’s backers shouldn’t be marginalized and that the party needs them. That the US is “broke”, the implication being that we can’t afford the empire. Let the other candidates go on about “American exceptionalism”. Reality has a way of creeping in and that’s always good news.

‘The last convoy of American troops drove into Kuwait on Sunday morning, punctuating the end of the nearly nine-year war in Iraq. To keep details of the final trip secret from insurgents — or Iraqi security officers aligned with militias — interpreters for the last unit to leave the base called local tribal sheiks and government leaders on Saturday morning and conveyed that business would go on as usual, not letting on that all the Americans would soon be gone.’

‘The Iraqis are going to wake up in the morning, and nobody will be there,’ said a soldier who identified himself only as Specialist Joseph.’

I wish there were as many candidates against patriot acts, wars and bailouts as there are for these things. But we have to settle for what we can get, and one victory from last night is the establishment is realizing that Paul’s campaign isn’t about him, but about us, the people who want a different course in Washington.

Ben Jones www.thehousingbubbleblog.com

[Concentrate]

“The US dollar is accepted anywhere on the planet.”

Until it’s not. :) Gold and silver will always be accepted. They will never go to zero like all fiat currencies have historically done so.

[Concentrate]

We had a collapse in 2008? Who could have seen that coming? :)

[cynwoody]

And a single Global government sounds dandy as well.

What does a global currency tied to gold have to do with a a global government?

Of course, it does remove your freedom to monitize your policy mistakes. But that shouldn't be an issue, unless you are commie scum.

[Smokin' Joe]

They want “all the money in the world”...which was what five-year olds used to wish for when I was a kid, until someone explained to them that people would quit using money if they had it all....

[Bon mots]

As economies grow and populations increase, gold would become more valuable, locking the nation using gold as currency into constant deflation.

This argument has been proven false numerous times.

The fact that we have lived in a perpetually inflating world - and always at the hands of politicians - has made some believe that this is some natural state of things.

The lie that deflation is somehow an awful catastrophe is perpetuated time and again, yet some of our healthiest markets have been the most plagued by deflation.

Look at:

• Calculators
• Computers
• Electronics
• Home Appliances
• Technology Items

All of the above have experienced drastic deflation, consumers pay a fraction of their launch prices, and prices continue to drop.

A precious metals backed currency is precisely what we had when all of those factories - that now stand in ruins across America - were originally built. Silver and gold backed the dollar, and it even said on each banknote such.

Paper money was only designed as a convenience so that people would not need to carry around actual precious metals... they represented an amount of gold or silver held in a vault that the bearer could demand at any moment.

Our problems started when the politicians took away the gold and silver and replaced it with... NOTHING. That was the robbery of the millenium.

Some of the arguments against an alternate currency are simply silly... that it would somehow be beholden to Islam or somesuch is utter nonsense. The owner of the gold would be YOU. Who actually mints it is no more important than who knits your sweater, once it is yours, it's yours.

Of course, the gold should be accessible to you at all times and NEVER subject to confiscation by a bankrupt government again.

Certificates would be necessary, but were the means to steal our gold and silver - actual gold or silver specie present problems of their own... beyond simply sweating, shaving and drilling, so a reliable system of certificates (banknotes) would be essential.

[incindiary]

Ok, this thread is just more evidence that a lot of people on this site (namely the RP haters) probably don't even click on the OP link on threads having to do with Ron Paul. They just immediately line up for the bashing, name-calling, nastiness and hate for all things Ron Paul, in such a knee-jerk way.

In the video, he makes an important distinction between "globalism" in the sense of a global economy, free trade and a true free market.... and a "globalism" dictated by the WTO, IMF, world bank that is not about freedom but is artificial and manipulated. He clearly says that the latter type of globalism is what people SHOULD FEAR.

If you don't like Ron Paul on the issues, it's perfectly OK to disagree with him. But for crying out loud, at least be honest! The dishonesty and distortion here is truly appalling. And almost laughable in this particular thread, where you actually come up with a conspiracy theory that maybe he's an establishment guy in disguise, and they've just been fooling people for the last few decades. *roll eyes* And this is coming from people who chastise Paul supporters for being conspiracy theorists? lol!!

[driftdiver]

He didn’t say gold, he said gold backed global currency.

He said what he meant, a global currency. The inference that Americans shouldn’t fear it means he’s acknowledging America won’t control it.

Pretty simple, he’s a globalist. Where’s that in the Constitution? Where in the Constitution does it talk about subordinating America to the world? Seems I remember one section on treason.

[mvpel]

He said what he meant, a global currency. The inference that Americans shouldn’t fear it means he’s acknowledging America won’t control it.

See the post above - once you own the gold (certificate), it's yours. Who "controls" it matters as little as who controls your sweater. Look what has come of governments "controlling" fiat currency:

[driftdiver]

So you’re as nutty as all the paulbots

[mvpel]

Pretty simple, he’s a globalist. Where’s that in the Constitution?

Article I, Section 8, Powers of Congress:

To regulate Commerce with foreign Nations, ...
To ... regulate the Value ... of foreign Coin, ...
To define and punish ... Offences against the Law of Nations;

Article II, Section 2, Powers of the President:

He shall have Power, by and with the Advice and Consent of the Senate, to make Treaties, provided two thirds of the Senators present concur;

And then of course, there's George Washington's thoughts on the matter:

Observe good faith and justice towards all nations; cultivate peace and harmony with all. ... In the execution of such a plan, nothing is more essential than that permanent, inveterate antipathies against particular nations, and passionate attachments for others, should be excluded; and that, in place of them, just and amicable feelings towards all should be cultivated. The nation which indulges towards another a habitual hatred or a habitual fondness is in some degree a slave. It is a slave to its animosity or to its affection, either of which is sufficient to lead it astray from its duty and its interest.

So likewise, a passionate attachment of one nation for another produces a variety of evils. Sympathy for the favorite nation, facilitating the illusion of an imaginary common interest in cases where no real common interest exists, and infusing into one the enmities of the other, betrays the former into a participation in the quarrels and wars of the latter without adequate inducement or justification. It leads also to concessions to the favorite nation of privileges denied to others which is apt doubly to injure the nation making the concessions; by unnecessarily parting with what ought to have been retained, and by exciting jealousy, ill-will, and a disposition to retaliate, in the parties from whom equal privileges are withheld. And it gives to ambitious, corrupted, or deluded citizens (who devote themselves to the favorite nation), facility to betray or sacrifice the interests of their own country, without odium, sometimes even with popularity; gilding, with the appearances of a virtuous sense of obligation, a commendable deference for public opinion, or a laudable zeal for public good, the base or foolish compliances of ambition, corruption, or infatuation.

[mvpel]

Is that really all you’ve got? Seriously?

[trisham]

I don’t trust this loon any further than I could throw him. He’s a megalomaniac.

[jpsb]

Well we used to have a gold/silver backed global currency .... the US dollar until that great and beloved US president LBJ killed it in 1968. Nice to see everyone cheering LBJ’s devaluing the dollar, the great and wonderful LBJ that built our Great Society of today.

[driftdiver]

ao you’re ok with submitting ourselves to the world, which will probably be the UN.

No surprise

[driftdiver]

What more is needed. Anyone who still supports Ron Paul after all that we know of him is deluded and a waste of time. It might be different if you didn’t know what Ron Paul has done and said, but you do.

[TheOldLady]

Here’s a Cute Kitty
End FReepathons by Donating Monthly