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Ron Paul Introduces Legislation To Get Rid Of Federal Reserve
WorldNetDaily.com ^ | September 17, 2002 | Jon Dougherty

Posted on 09/17/2002 7:14:29 AM PDT by Red Jones

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To: Vast Buffalo Wing Conspiracy
Case in point are the civilian deaths in Iraq.

Case in point, indeed.

If Saddam Hussein had abided by the UN agreement imposed after the Gulf War (after he had been thrown out of Kuwait), the sanctions would have been lifted.

Iraqis suffered and died (to the extent they actually did) because of SADDAM HUSSEIN.

The West ain't going on your guilt trip, nor should it.

121 posted on 09/17/2002 6:19:45 PM PDT by sinkspur
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To: logician2u
I've looked at all of Sahr's graphs several times over. Lots of interesting stuff there. By the way, I personally requested by email that he create a graph for GOLD, and he responded by posting THIS so you have he and I to thank for the gold graph. He got the raw data from kitco.com.
122 posted on 09/17/2002 6:21:06 PM PDT by Jason_b
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To: sinkspur
Iraqis suffered and died (to the extent they actually did) because of SADDAM HUSSEIN.

OK, skinky. Time for a truth test.

1. Is it true that the publicly-stated reason for the sanctions, as well as the no-fly zones in northern and southern Iraq, was to put pressure on the Iraqi people to overthrow the villainous, ruthless tyrant who George Bush the Elder compared to Adolph Hitler? (I never heard the words, "regime change" until recently, but that was what they had in mind from the start.)

2. Is it true that the embargo on food, medicine and armaments merely allowed Saddam Hussein to use his foreign exchange dollars on palaces and other luxuries, since his former military suppliers in the old Soviet Union had by then gone out of business?

3. Is it true that, in spite of worsening conditions for the people of Iraq, no viable opposition to Hussein has surfaced since the end of the Gulf War?

4. Is it true that, despite incontrovertible evidence and damning testimony from those directly involved, it proved impossible to effect a regime change right here in the good old US of A against a known liar and philanderer? One who, allegedly, kept secret files on his opponents?

Would you have favored UN intervention to save the country from Clinton?

123 posted on 09/17/2002 6:43:05 PM PDT by logician2u
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To: sinkspur
...The fact that some support Ron Paul on an issue means that we don't support President Bush on his action against Hussein is once again, zealots and bigots thinking for everyone that is not a lemming, ready to toe the entire Bush agenda, is wrong. Separate the issues...
124 posted on 09/17/2002 6:52:20 PM PDT by gargoyle
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To: Red Jones
We used to have the FED and the gold standard-- why can't the two of them learn to get along?
125 posted on 09/17/2002 7:34:56 PM PDT by let freedom sing
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To: Red Jones
There are many people who believe that John F. Kennedy was killed for wanting to abolish the Federal Reserve.
126 posted on 09/17/2002 8:20:33 PM PDT by TommyDale
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To: let freedom sing
We used to have the FED and the gold standard-- why can't the two of them learn to get along?

You're right and I don't know the answer to that question. I also still don't know exactly how a gold standard would work. I only know I don't like the federal reserve.

127 posted on 09/17/2002 8:28:34 PM PDT by Red Jones
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To: Jason_b
wow, that is a very impressive graph you put a link to in #112
128 posted on 09/17/2002 8:39:21 PM PDT by Red Jones
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To: Vast Buffalo Wing Conspiracy
Case in point are the civilian deaths in Iraq. What does one expect to happen when we deliberately target the country's water purification systems, water supply, transporation system, hospitals, and other public health infrastructure, and then deny the importation of food, drugs necessary for preventing disease, and materials necessary for rebuilding Iraq's destroyed public health infrastucture?

This differs none from the standard leftist line.

Don't you know that?

129 posted on 09/17/2002 8:48:26 PM PDT by tallhappy
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To: rb22982
I think there are overriding issues and attitudes that outrank others and are litmus test like.

Saying the US contibuted to the deaths of over 1 million Iraqis passes the line by far. It is so far out any way it is cut that it completely destroys any credibility Ron Paul might have.

And, BTW, latching on to contributing vs caused is weaseling. Paul uses weasel words like any other pol.

130 posted on 09/17/2002 8:54:51 PM PDT by tallhappy
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To: tallhappy
If that is your litmus test, you are a strange cookie, but that is your prerogative---most people have more important litmus tests like domestic affairs (taxes, abortion, corruption, etc) and actual national defense, not national offense. As for weaseling, I dont see any weaseling except by you to put words in his mouth. While I dont agree with it, one could argue the use contributed to the deaths, albeit a very small contribution.

BTW you are completely missing his entire point of that speech which was to stop being the world's policeman.

131 posted on 09/17/2002 8:58:34 PM PDT by rb22982
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To: Vast Buffalo Wing Conspiracy
I agree with you 100% in 118
132 posted on 09/17/2002 11:14:03 PM PDT by Red Jones
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To: Mark Felton
"At some point, bankruptcies may go nuclear. What happens then?"

At that point they say debt "unwinds" meaning that with each bankruptcy more and more lenders are unable to pay THEIR debts causing a cascade of bankruptcies, and ultimately failure of the financial system. That failure is what the Fed is supposed to prevent, therefore, eliminating the Fed as Ron Paul proposes will guarantee the collapse of the entire US economy and the rest of the world attached to it. It is not a pretty picture (and not a good proposal from Ron Paul).

133 posted on 09/18/2002 2:58:08 AM PDT by NetValue
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To: rb22982
If that is your litmus test, you are a strange cookie, but that is your prerogative

I'd say blaming the US for 911 is a pretty good litmus test. I'd say spreading leftist propaganda is a good one. But most of all it is that he is so stupid as to believe these over 1 million death stats in the first place. Obviously anyone believing this lacks some brain cells or has other agendas. It's like believing the Jenin massacre happened (but Ron Paul probably believes that as well).

---most people have more important litmus tests like domestic affairs (taxes, abortion, corruption, etc)

Yes, what do the dems call them Kitchen issues or something like that.

Dems want to focus on Kitchen-table issues too.

As Terry McAulife said, "People are going to vote on the kitchen table issues we've talked about for 18 months."

134 posted on 09/18/2002 6:39:55 AM PDT by tallhappy
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To: Red Jones
And this bill has Mr. Paul's usual chance passage:
0.000
135 posted on 09/18/2002 6:41:28 AM PDT by Redbob
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To: Palm_OScar
Boom/Bust is an inescapable attribute of capitalism; the Fed is an entity meant to lessen the severity of these unavoidable busts.

Correction:

Boom/Bust is an inescapable attribute of bank credit expansion; the Fed enhances this ability.

The boom is created by too much credit creation; the bust is the inevitable cure. To believe that the Fed plays a positive role is to mis-diagnose the cure as the disease. It is precisely analagous to giving a drug addict heroin to "cure" him of the effects of cold turkey withdrawal.

136 posted on 09/18/2002 7:31:35 AM PDT by Deuce
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To: NetValue
If you think inflation is a bad problem wait until you see the effects of bank failures on America when there is no Fed or FDIC.

Yes, by all means. Let's stand the central thesis of capitalism on its head and prop up hopelessly unsound, insolvent banks because, after all, they have a right to succeed and we will be helpless without them.

137 posted on 09/18/2002 7:36:33 AM PDT by Deuce
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To: N. Theknow
Do I really want Hillary, Chuck Schumer, Ted Kennedy and Robert Byrd, et al in charge of monetary policy?

How about NO monetary policy other than leave the free market to decide.

138 posted on 09/18/2002 7:40:06 AM PDT by Deuce
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To: Red Jones
The last time an elected official suggested doing away with the Federal Reserve, some guy put a bullet in his throat from the grassy knoll.
139 posted on 09/18/2002 7:50:59 AM PDT by LandofLincoln
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To: Red Jones
FIAT MONEY
140 posted on 09/18/2002 7:57:10 AM PDT by LandofLincoln
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