Posted on 08/11/2013 7:50:01 AM PDT by SeekAndFind
The bids of Larry Summers and Janet Yellen to replace Ben Bernanke just took a hit.
Ron Paul, the famously libertarian politician and former presidential candidate, has his own choice for the next chair of the Federal Reserve, and it isn't Summers or Yellen. Paul's pick for the next Fed head: No one.
Here's what Paul had to say via a spokesperson:
"Dr. Paul would prefer we get rid of central economic planning via a central bank. All mentioned candidates believe that one person or a committee has the knowledge to dictate the correct interest rate and rate of growth of the money supply, which they do not."
The main point is that Dr. Paul doesn't believe the current failed policies of the Reserve would change if any of the mentioned candidates were to become Fed Chair.
The above statement leaves open the possibility that Paul might support someone for Fed chair. But in a follow up e-mail with his spokesperson, she confirmed that Paul's current top pick for Fed chair was, indeed, no one. If he had to pick, she said he wouldn't.
(Excerpt) Read more at finance.fortune.cnn.com ...
Well, Paultard, tell what’s errant in Director Woolsey’s assessment.
In the meantime, in reality land, watch out for those exploding centrifuges.
>>>Shut it down.
And replace it with what?
And replace it with what?
Precious metals as the base the way it was always intended..
Course it must be phased in.. too many fiat dollars in circulation currently..
The Federal Reserve was always a boondoggle from the beginning..
But taking a meat ax to the federal behemoth must also be done...
WHolesale elimination of many federal agencies.. and ALL laws that govern them..
A schedule must be made with a timetable of sun-setting agencies and the taxes enacted to support them..
With adults in charge this could be done easily.. quickly.. and judiciously..
There are many Other morons that cannot understand Ron Paul..
What he says goes right over their heads..
The U.S. NEEDS to learn to mind it’s own business..
The globalists(like you) need to be identified (and MARKED as malefactors)..
I agree with you 100% but in this era the Federale gov’t will resist shrinking with all its power because it is a glorified jobs program for affirmative action babies and some competent hires I will admit
What other jobs will these people ever get if we take a meat axe to the Fed Gov’t??? On average private sector jobs suck these days so everyone wants a gov’t jobs somehow someway
>>Precious metals as the base the way it was always intended..
LOL. Intended by Gold Bugs maybe, Paultard.
Will it be Paper, Plastic, or purely Digital Tungsten you’ll be paying your ISP with?
Easy make business profitable in the United States again..
Some every smart businessman on the planet will be based here..
Start by de-balling the Unions.. RICO the bejesus out of them..
MAke any government work non Union.. Federal, State and local..
HOW?.. by setting the standard at the federal level..
Unions should be a nonsequiter to the federal government..
Union non Union no difference..
The States can tax their people and businesses BUT business will veer to the most profitable places.. Deconstructing the federal government is too large a subject to deal with fully here..
Would many keen minds and tactics not even proposed yet..
Ron Paul hits on the edges of some of them.. Some ideas may even be foolish of his.. But really I believe he just wants to START the conversation..
The adventure awaits.. “The Restructuring of the United States”..
Leftist boondoggles have pretty much ruined it so far..
The U.S. Restructured to become Barry Obama’s NIGHTMARE Scenario ..
A place so business friendly it would be STUPID to base out of anywhere else..
Even Chinese business would move here.. and Russian..
Will it be Paper, Plastic, or purely Digital Tungsten you’ll be paying your ISP with?
Gold, Silver, Copper, Molybdenum backed greenbacks..
** the largest discovery of Gold, Silver, Copper, Molybdenum ever discovered has been found a few miles from Anchorage.. above ground.. no need to tunnel for it.. Waiting to be exploited.. Square miles of it.. Kind of like Oil Sands and shale.. except precious metals.. thats HOW!..
MARKED how exactly, Paultard -- Sign in the window, tattoos perhaps, or maybe a star on the shirt?
Well, speaking of "over head" maybe, between puffs on your hose, you can explain to us simpletons why EMP is beyond Iran's capabilities?
Sign in the window, tattoos perhaps, or maybe a star on the shirt?
No just a mental note of your current FR handle..
Thats all.. thats needed..
I don’t ignore weird people on FR.. I grade them..
about the name calling (YOU STARTED IT)..
so I got with your program.. just for fun..
What fractionally reserved multiplier can be applied to the physical metal, and how are folks gonna verify the metal physically exists in the first place — that it isn’t just a fiction in some bankster’s ledger?
This conversation is way over your head...
Would engaged in it with you BUT it would
be like talking to Jehovas Witness..
A one way conversation.. Homey don’t play that..
[** the largest discovery of Gold, Silver, Copper, Molybdenum ever discovered has been found a few miles from Anchorage.. above ground.. no need to tunnel for it.. Waiting to be exploited.. Square miles of it.. ]
Wow — you and Buck better pack the sled and git going to beat the rush over Dead Horse Pass!
Would you like to buy a shovel and some whiskey before you head out?
>>This conversation is way over your head...
Right Paultard. Like the EMP thing.
Except EMPs are real, unlike your delusional monetary abstraction.
>>Would engaged in it
The only thing you “engaged”, Paultard, is your manure spreader and your own gold-buggered arse as you flew past it in retreat.
Put up the details on your “backing” or STFU.
” D “ yer failing... no creativity, redundant memes, protesting too much!..
13 year old grammar.. lack of proper snark, hissy fits..
Aw, evidently Mr. Goldbug can’t/won’t explain fractional lending applied to the value of precious metals held in the Goldsmith’s trust.
How would your delusion be applied in the context of capital investment, or in the stock market, Mr. Paultard?
F for FAIL.
So now we get a chick or two into the mix.
How do you think that is going to work out?
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.