Posted on 08/11/2013 7:50:01 AM PDT by SeekAndFind
If we did something as drastic as this we would not be able to blame an “independent policy making body” for our economic woes.
We would have to focus right on the legislators who create the laws that effect the economy.
Oh, no. I thought Ron Paul was still in the home. Did someone let him out?
/johnny
Managing the monetary abstraction of value isn’t what’s evil about the Fed — doing so is preferable to the proliferation of diverse banknotes and the counterfeiting thereof.
What renders the evil in the Fed is that it increasingly operates for the benefit of its controllers instead of as a means of securing the inalienable rights of the governed.
And Ron Paul is just a Useful Idiot who thinks Iran should have nuclear weapons.
/johnny
>>We did much better as a country before it was created in 1913.
We did much better when every bank had its own counterfeit currency?
A well-managed currency does not have to be antagonistic toward the legitimate specified purpose for American Governance : “To Secure These Rights...”
Unfortunately the Fed has never served that purpose — and it needs to be reformed into something that does.
Ron Paul’s lunacy won’t accomplish that.
No man, or group of men has the knowledge to 'well manage' a currency.
/johnny
[Technology today is much better than 1913 at preventing counterfeits.]
Right. The Silk Road’s Bitcoin laundromat is self-evidence of that. And what’s the exchange rate for Tungsten these days?
The technology in the scales might have changed — but the human nature inherent in them has not:
7The merchant uses dishonest scales and loves to defraud.
8Ephraim boasts, “I am very rich; I have become wealthy. With all my wealth they will not find in me any iniquity or sin.”
—Hosea 12:7-8and thus COMMERCE BETWEEN MASTER AND SLAVE IS [still] DESPOTISM.
[No man, or group of men has the knowledge to ‘well manage’ a currency.]
Got Eternal Vigilance?
Management of the currency, as with all things governmental, should be constrained within the purpose of weeding out and punishing criminal manipulation thereof and the manifestation of inequitable commerce therein.
Ron Paul gets it right once again. He didn't say anything about the Federal Reserve Board in this quote. He said something about a Chairman of the Federal Reserve Board.
>>Ron Paul gets it right once again.
Idiot, Useful; 1 each.
“Ron Paul: Iran Does Not Threaten Our National Security”
http://abcnews.go.com/blogs/politics/2011/12/ron-paul-iran-does-not-threaten-our-national-security/
Ron Paul is correct about central banks. The rich get richer, the globalists and corporate elitists benefit from money printing and lending schemes while governemts go hopelessly in debt. Does it make any sense that with "quantitative easing" the feds print money they don't have and then say it's loans they have to pay back to the privately-owned Federal Reserve?
Then there's the drone and privacy issues. And Snowden being labelled a traitor. And recreational war-mongering destroying huge parts of the earth.
Ron Paul might not have gotten it all correct, but his views are becoming more appealing to an odd combination of progressives and constitutional conservatives. It's beginning to look hopeful that Rand Paul and some others can get some of it done.
The "lunacy" is RINOS who would rather lose elections than cede power to those who want to save the US.
And Ron Paul is just a Useful Idiot who thinks Iran should have nuclear weapons.
No he doesn’t He thinks what Iran does in their nuclear program is none of “OUR” business.. and it “ISN’T”..
He is not a “busy body” like you are..
You know.. a “NOSEY” GLOBALIST.. which are mostly democrats..
BUT there are a few RINOs vying for position in Nosey globalist ranks..
America being global policeman is not on Ron Pauls agenda..
Other nations internal political policys are good IF they keep it internal..
Right. Nothing could possibly go wrong with a theoretic government being able to manufacture an EMP.
Tell us, Wiley, what effect will that have upon the ability of the McSheeple to contradict the errors of Islamic Shariahtards who'd like to enslave them?
Got your daughters fitted for a burqa yet?
>>a theoretic government
a theoCRATIC government.
I really don't know anyone, all across the political spectrum, that agrees with the DC crowd about how what's happening to what's left of our privacy being destroyed is good for us.
Snowden's actions and Obama (and others) labelling him a traitor have started a real important discussion in the US.
There were various banknotes in the 19th century and their existence and confusion was a selling point for establishing the Fed. But back then the fed was a money printing concession for US Dollars backed by gold.
The US is poised as is the rest of the world to go to a gold plus commodity plus asset-liability formulated valuation of currency set by the Basel III protocol and the Babylon II software implemented by international banking. This global currency reset has either happened in the last week or will happen in the near future.
Once the effects of the global currency reset are felt, there will be no need for Federal Reserve Notes. The US can go back to using US Dollars as legal tender. Other currencies are still available such as Disneyland Dollars or in Canada the Calgary dollar or Toronto dollar but they are never allowed to be used as legal tender.
What Ron Paul is alluding to is that the Fed can and does make economic decisions for the rest of us, often in error, using its fiat powers. But once the dollar is backed by a valuation formula, the hands of the Fed will be tied and it becomes once again merely a printing press or money digitizer based on increasing the money supply by internationally accepted formula.
What the Fed can continue to do under its powers and what it does now that most of the world including the American people don’t know is operate private placement platforms (actually they are managed buy-sell platforms that mimic PPP albeit poorly so far) or ‘Fed Platforms’ for financing international trade, and of course for off balance sheet spooky stuff.
The Fed has evolved into an international agency with its tentacles of regulating transactions everywhere in the international banking system. It has in fact become a global multinational agency and is no longer tied to American control. Like Ford, GM, Shell, the Fed is everywhere and no longer is uniquely a US agency operation.
Most people don’t know the above because the Fed operations are mostly conducted in secret. Its government operations however are public, that is the management of the US Debt. The Fed operates in Canada, Europe, Hong Kong....you name it, it’s everywhere. It’s definitely a NWO entity now.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.