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In Rothbard's epic work The Case Against The Fed, he addresses how a return to sound money could be implemented. Rothbard writes: ......
When new money is created it does not appear magically in equal percentages in all people's bank accounts or under their mattresses. Therefore money spreads unevenly, and this process has varying effects on individuals, depending on whether they receive early or late access to the new money
It is these losses of the groups that are the last to be reached by the variation in the value of money which ultimately constitute the source of the profits made by the bankers and the groups most closely connected with them.
www.lewrockwell.com...
In 1976 A typical American CEO earned 36 times as much as the average worker. By 2008 the average CEO pay increased to 369 times that of the average worker. timelines.ws...
Plaintiff admitted that it, in combination with the Federal Reserve Bank of Minneapolis, . . . did create the entire $14,000.00 in money and credit upon its own books by bookkeeping entry. That this was the consideration used to support the Note dated May 8, 1964 and the Mortgage of the same date. The money and credit first came into existence when they created it. Mr. Morgan admitted that no United States Law or Statute existed which gave him the right to do this. A lawful consideration must exist and be tendered to support the Note. www.webofdebt.com...
"Mr. Chairman, the United States is bankrupt: It has been bankrupted by the corrupt and dishonest Fed. It has repudiated its debts to its own citizens. Its chief foreign creditor is Great Britain, and a British bailiff has been at the White House and the British Agents are in the United States Treasury making inventory arranging terms of liquidations!...Mr. Chairman, the Fed has offered to collect the British claims in full from the American public by trickery and corruption....“The Fed Note is essentially unsound. It is the worst currency and the most dangerous that this Country has ever known... They should not have made the Government [liable on the private] debts of individuals and corporations, and, least of all, on the private debts of foreigners....The Prime Minister of England came here for money! He came here to collect cash! He came here with Fed Currency and other claims against the Fed which England had bought up in all parts of the world. And he has presented them for redemption in gold.”
On May 23, 1933, Congressman, Louis T. McFadden, brought formal charges against the Board of Governors of the Federal Reserve Bank system, The Comptroller of the Currency and the Secretary of United States Treasury for numerous criminal acts, including but not limited to, CONSPIRACY, FRAUD, UNLAWFUL CONVERSION, AND TREASON.
The petition for Articles of Impeachment as thereafter referred to the Judiciary Committee and has
YET TO BE ACTED ON.
www.afn.org...
Socializing the debt and privatizing the profit....
...these CDS contracts, you could actually bet on somebody else’s mortgage. AIG, for instance, could have gone to Goldman Sachs and said, you know, “We’d like to bet that the mortgages that were issued by JPMorgan Chase are going to default in the next ten years.” So these two parties that don’t have anything to do with the actual underlying loan could actually gamble on the outcome of that loan. So, this is—it’s really no different at all from gambling. And that’s why they had to seek a specific exemption from gaming laws in the year 2000, when they actually went forward with the deregulation of these instruments....
Because of the way the bailout was engineered, we’ve essentially created a giant holding company, with the government as senior management. We now own controlling stakes in an enormous variety of companies, a dying insurance giant in AIG. We’ve absorbed all these toxic instruments, so we’re now the world’s largest hedge fund and the world’s riskiest hedge fund...
The only reason that Wall Street rallied yesterday was because this plan that Geithner administered is such an enormous giveaway to Wall Street. It’s essentially, you know—again, it’s state-subsidized hedge fund profiteering. And, of course, every hedge fund in the world was throwing a party at the news that Geithner came out with this plan yesterday.
www.democracynow.org...
It also doesn't address his specific ideas, like withdrawing from all military basis in the world and becoming a pseudo-isolationist nation.
The great rule of conduct for us in regard to foreign nations is, in extending our commercial relations to have with them as little political connection as possible. So far as we have already formed engagements let them be fulfilled with perfect good faith. Here let us stop. Europe has a set of primary interests which to us have none or a very remote relation. Hence she must be engaged in frequent controversies, the causes of which are essentially foreign to our concerns. Hence, therefore, it must be unwise in us to implicate ourselves by artificial ties in the ordinary vicissitudes of her politics or the ordinary combination and collisions of her friendships or enmities. Our detached and distant situation invites and enables us to pursue a different course. If we remain one people, under an efficient government, the period is not far off when we may defy material injury from external annoyance; when we may take such an attitude as will cause the neutrality we may at any time resolve upon to be scrupulously respected; when belligerent nations, under the impossibility of making acquisitions upon us, will not lightly hazard the giving us provocation; when we may choose peace or war, as our interest, guided by justice, shall counsel. Why forego the advantages of so peculiar a situation? Why quit our own to stand upon foreign ground? Why, by interweaving our destiny with that of any part of Europe, entangle our peace and prosperity in the toils of European ambition, rivalship, interest, humor, or caprice? It is our true policy to steer clear of permanent alliances with any portion of the foreign world, so far, I mean, as we are now at liberty to do it; for let me not be understood as capable of patronizing infidelity to existing engagements. I hold the maxim no less applicable to public than to private affairs that honesty is always the best policy. I repeat, therefore, let those engagements be observed in their genuine sense, but in my opinion it is unnecessary and would be unwise to extend them.
“Unless we have another bubble to replace the old bubble, like we had the housing bubble replace the tech bubble, it is very unlikely the US economy will be restored to robust growth any time in the near future,” predicted Stiglitz, who was awarded the Nobel Prize in economics in 2001.
Originally posted by Oaktree
The very name of your thread is opinion!
Your opening post was nothing but your opinion!
After stating your opinions, you then ask the good people of ATS to disprove your opinions
and when they attempt to humor you,
you accuse them of only stating their opinions.
This entire thread is based on opinion.
Originally posted by neo96
really now the fact that tens of milliions of people are out of work is due to the simple fact of taxation,regulation and unionization running rampant in this country
and yeah the biggest contributing factor to all that is the federal reserve that has so massively devalued the dollar
thats has destroyed wealth and job creation in this country..................
the federal reserve is what exactly what the founders feared and hated the most the central bank of this country....
and really rampant poverty isnt a problem? maybe for you since your obviously not poor but it matters to them....
Originally posted by Quadrivium
Your joking right?
The 18th and 19th century views are the only way to get viable solutions for today's problems.
(time to get flamed but oh well, that's what I am here for)
Hmm let's see now, where did we start falling short? Oh wait I KNOW!
When we kicked God out of the classrooms and told Him to take the Bible with Him.
In 1947, in the case Everson v. Board of Education was the beginning of our destruction.
Want proof....................just look at our kids today, look at the daily struggles they have to go through, look at what they are being exposed to.
What kind of adults will these over exposed children grow up to be?
It is getting worse with every passing generation. Parents want to be friends instead of parents now. They let their children get away with a little more than they did as children.
It is a descending spiral that gets worse with every revolution. We do not allow them to be children any longer. There are some things they are exposed to that just should not be, their young minds and emotions can not handle it.
We don't teach them good moral values, we turn on the boob tube instead to free up our precious time. From this point they are subjected to all sorts of behavior modifiers. Sex, violence, profanity, and best of all they do not have to think! Just sit and absorb it.
No, many do not want to hear it but if this Country is ever going to change it will be because we as a Nation returned to the values of the 18th and 19th century.
If we teach them better, teach them to care for their fellow man, teach them that hard work never killed anyone, teach them to live within their means, teach them respect and self worth, teach them that sometimes in life we will fail and it is part of living. If we teach them then and only then will this nations systems change.
So, like at the time with Kerry Ron Paul can say anything...even very true things....to make him sound real....but in the end he will never be allowed to win the elections, Because they are fixed.....
Bilderberg tracker Daniel Estulin says he has received information from sources inside the U.S. intelligence community suggesting that people from the highest levels of government are discussing “eliminating” Rep. Ron Paul because its controlled political system is threatened by Paul’s exploding popularity. Source
Initially, Estulin explained, the elite attempted to ignore the Ron Paul Revolution, but as the movement increased its size and profile, it was decided other, more drastic measures, specifically assassination, may need to be undertaken in order to circumvent �unknown factors� of the Ron Paul Revolution. Second Source
Originally posted by madnessinmysoul
He has an isolationist view of foreign policy, he feels we shouldn't meddle when our nation isn't directly at risk. He doesn't support us having a single military base in Korea, doesn't see the necessity for fixing the problems we have in Iraq and Afghanistan, and thinks we should cease all foreign aid.
If you prove one position correct and implementable, I'll accept it and we'll move on to the next one. If you prove a majority of his positions are correct and implementable, I'll accept that I'm wrong and concede this thread.
Originally posted by Quadrivium
The point of my post is that if this country is going to change then we will need to Go Back( Progressives Cringing as they read) to the moral values that were held in this country during the 18th and 19th century.
Don't try and make what I said about race, you know that is not what I meant.
Besides if it was not for the Democrat Party race would hardly be an issue now (be careful not to ask for proof, I do not think this thread can handle it all).
In 1947 the Progressives won a great battle but look at the cost to our nation now. The Bible is a good learning tool and it is not against the First Amendment to use it as such (again be careful what you ask for).
Children in Public schools have no respect for authority or their elders any longer. They know that nothing can be done to them, there are little to no repercussions for their actions.
Progressive liberals have done more to ruin this country in the last 100 years than anything or anyone else.
How one-sidedly partisan of you.
The point of my post is that if this country is going to change then we will need to Go Back( Progressives Cringing as they read) to the moral values that were held in this country during the 18th and 19th century. Don't try and make what I said about race, you know that is not what I meant. Besides if it was not for the Democrat Party race would hardly be an issue now (be careful not to ask for proof, I do not think this thread can handle it all). In 1947 the Progressives won a great battle but look at the cost to our nation now. The Bible is a good learning tool and it is not against the First Amendment to use it as such (again be careful what you ask for). Children in Public schools have no respect for authority or their elders any longer. They know that nothing can be done to them, there are little to no repercussions for their actions. Progressive liberals have done more to ruin this country in the last 100 years than anything or anyone els
Originally posted by DaMod
reply to post by madnessinmysoul
In regards to your reply to Quadrivium:
Yes it is personal responsibility to provide your children with moral guidance. People portray the word "morals" in a bad light in the world today. I don't understand what is so wrong with "morals".
Of course I have to agree with quadrivium with one point. At least back then you could discipline your kids. I mean timeouts only go so far but anymore it's illegal to give your kids a swat on the butt if you have to tell them something a third time.
I have to say when I was a kid and got out of line there was a paddle with holes to greet me.
When I cursed I got my mouth washed out with soap.
Needless to say I was a well behaved kid. The way I grew up made me who I am today so I cannot complain about it. In fact I'm grateful for it.
Originally posted by gladtobehere
The label of "isolationist" has been given to Ron Paul by his detractors, those groups which benefit directly from the military industrial complex. Thats like saying because Canada, Japan, Australia, France, Germany, Spain, Greece, Italy, Norway, Sweden (every other country in the World), doesn't have permanent military bases in a 132 different countries, that they are somehow "isolationist"...
That’s right, we have permanent military bases in 132 different sovereign nations.
Our Govt is the only one that insists on occupying almost EVERY other sovereign nation.
And how are they doing it? By borrowing and plunging us into an endless cycle of debt and taxes, all the while supporting a socialist military welfare state to the tune of about $1 Trillion dollars a year (conservatively).
As far as implementing a policy of non-military imperialism, it could literally be done over night, (though it would most likely be done over the course of a few years but easily within 1 Presidential term).
As Commander in Chief, the POTUS has the sole authority to deploy or recall our military at will without explanation or justification. Period. Congress is needed for a declaration of War, which has not been declared for decades.
Hence we have names like the “Korean Conflict”, not the Korean War. Nor was Vietnam a "war", there was no declaration of war from Congress. As a matter of fact, the majority of our Government’s aggression has been decided by 1 single man, without the approval of congress.
Originally posted by Quadrivium
The point of my post is that if this country is going to change then we will need to Go Back( Progressives Cringing as they read) to the moral values that were held in this country during the 18th and 19th century.
Don't try and make what I said about race, you know that is not what I meant.
Besides if it was not for the Democrat Party race would hardly be an issue now (be careful not to ask for proof, I do not think this thread can handle it all).
In 1947 the Progressives won a great battle but look at the cost to our nation now. The Bible is a good learning tool
and it is not against the First Amendment to use it as such (again be careful what you ask for).
Children in Public schools have no respect for authority or their elders any longer. They know that nothing can be done to them, there are little to no repercussions for their actions.
Progressive liberals have done more to ruin this country in the last 100 years than anything or anyone else.
Here's a crazy idea: the founding fathers weren't demi-gods whose opinions hold the same amount of weight as they did in the past.
Washington was living in a period where an attack by sea would be small due to being over an ocean, attacks from Canada and Mexico would be fended off by a quick draft, and air travel didn't exist.
mor·al
[mawr-uhl]
–adjective
1. of, pertaining to, or concerned with the principles or rules of right conduct or the distinction between right and wrong; ethical: moral attitudes.
2. expressing or conveying truths or counsel as to right conduct, as a speaker or a literary work; moralizing: a moral novel.
3. founded on the fundamental principles of right conduct rather than on legalities, enactment, or custom: moral obligations.
4. capable of conforming to the rules of right conduct: a moral being.
5. conforming to the rules of right conduct ( opposed to immoral): a moral man.
6. virtuous in sexual matters; chaste.
7. of, pertaining to, or acting on the mind, feelings, will, or character: moral support.
8. resting upon convincing grounds of probability; virtual: a moral certainty.
–noun
9. the moral teaching or practical lesson contained in a fable, tale, experience, etc.
10. the embodiment or type of something.
11. morals, principles or habits with respect to right or wrong conduct.
Originally posted by SpectreDC
The main problem with Ron Paul is twofold; what he does write up and present is more often than not shot down immediately, and half the time his own beliefs he feels he can not even bring forth in a legislative manner due to principle in believing government doesn't have the authority to legislate these things in the first place.
He's an ideologue, a massive one with that said. Not that this is a bad thing but it means the likelihood of anything of his being implemented is a long shot, until we have more individuals in congress with a similar mind to his.
Originally posted by madnessinmysoul
Give me some evidence that shows that any of his ideas could actually be implemented within a Presidential term by the executive branch of the government operating within the Constitution's restrictions on power.