When the debate was over, the Fox News pundits praised Mitt Romney, Newt Gingrich, and Michelle Bachmann received honorable mention. But while ignoring the facts, it was clear that none of the others could match the ideology and common sense exhibited once again by Dr. Paul.
Again, as was the case in the earlier debate, Ron Paul's insistence on the Federal Reserve System bearing a larger responsibility for the economic issues, was picked up by Gingrich and to a lesser extent by Rick Santorum, but both fell short of the mark in calling for an end to the Fed's control over the money supply.
Calling for asset-backed currency, Dr. Paul was direct and to the point, where others felt that spending and regulations that hurt business development were the primary issues. None seemed to understand or at worst, seemed to brush off the idea that the Fed was creating money out of thin air and then selling it to the US at a price above face value. As I explained in a prior post, we can never get out of debt so long as the Federal Reserve allows the banks to create money (debt) without assets to back those debts (loans).
Gold has been a standard since the beginnings of recorded history. While salt was also an asset that was used for commerce, gold replaced it as a more convenient form of exchange and was/is the standard by which all currencies are valued. Having gold in reserve gives the currency backing, so the currency can never be worth less than the value of the gold coin or the reserves that back the paper dollar. Ron Paul explained this many times in the past, but it still escapes the general public and is omitted by the media pundits.
Dr. Paul also demonstrated why we need to bring our troops home, even in the face of a nuclear program by Iran. And when Rick Santorum interjected that we have been at war with Iran since 1979, Dr. Paul gave a brief lesson in history that clearly showed that it was by our intervention and support of the dictator Shah Pahlavi, that the "war" against the United States was promulgated by the oppressed people of Iran. The same can be said for the support of Ferdinand Marcos in the Philippines, who also was a dictator and was eventually overthrown by the Philippine people. Ron Paul said it plainly, we need to "mind our own business" and stop promoting "peace" through force.
While he took criticism for his views on marriage, I feel that all the candidates failed to articulate the legal ramifications of a marriage versus a civil union. While I do not feel that a gay couple has any more rights than a heterosexual couple, and while I feel the institution of marriage is best left to the religions that provide such ceremonies, there is a need for legal definition to authorize beneficiary rights to a partner, regardless of sexual orientation. When a marriage is dissolved through divorce, the legal authorizations cease to exist as well. I see no difference with gay unions, they need to be granted the same fiduciary rights as any other union.
Regarding health care, it was a point that was missed by the rest when Dr. Paul spoke of how the markets need to be the driving force to provide health care and not the state or federal government. The issue was brought to a comparison to State laws on drivers licenses, which has been challenged in federal court, and precedence indicates that a free individual does not need to obtain a driver's license to operate a motor vehicle, but by obtaining one, an individual is entering into a contractual agreement with the State, whereby one is waiving rights to free passage and subjecting oneself to the laws, rules, regulations of the State and the law enforcement officers who then have the authority to impede travel for cause.
Finally, I checked out about a half dozen polls this morning and all of them listed Ron Paul as the winner of the debate. Why has the media, including Fox News, ignored this fact and instead reports that Mitt Romney was the "clear" winner? It does seem apparent to me that the Republican Party's agenda is contrary to dealing with issues realistically and honestly. That is why we MUST get Ron Paul on the ballot and in the White House.
Friday, August 12, 2011
Friday, August 5, 2011
Truth About US Debt
The debt ceiling increase deals with money already spent or incurred or obligated.
It has nothing to do with the budget other than to pay for what we've already spent.
The Debt Ceiling equals current obligations. The Budget equals future obligations.
The current US debt including derivative repayment and loss to inflation is now approaching four quadrillion and will exceed that figure by the end of 2012. The value of the dollar in purchasing worth is now below five cents.
Now think about this: If it were possible to gather together all of the Federal Reserve Notes held globally, and bring them here to America , it would only pay one tenth of the total debt! Why? Because fractional reserve banking creates 90% additional debt via loans which the banks have no deposits for.
It has nothing to do with the budget other than to pay for what we've already spent.
The Debt Ceiling equals current obligations. The Budget equals future obligations.
The current US debt including derivative repayment and loss to inflation is now approaching four quadrillion and will exceed that figure by the end of 2012. The value of the dollar in purchasing worth is now below five cents.
Now think about this: If it were possible to gather together all of the Federal Reserve Notes held globally, and bring them here to America , it would only pay one tenth of the total debt! Why? Because fractional reserve banking creates 90% additional debt via loans which the banks have no deposits for.
Thursday, August 4, 2011
The Markets Respond to the Debt Deal
With the closing bell, the markets have responded to the debt ceiling raise:
And that was just in America. The world markets fair no better. With much rhetoric about the Tea Party Movement being blamed in the liberal media for all the ills of the Republican Party and their refusal to compromise, they are blazing new paths of journalistic malfeasance. The President is enjoying his birthday in Chicago while continuing to campaign and raise funds for his reelection. Congress takes the rest of the summer off, unemployment claims rise, and We the People are left with nothing more than lip service from those we elected, and who swore oaths to follow and protect the Constitution from all enemies, both foreign and domestic. Seems there are many enemies of the People elected to public office.
At least one Tea Party Caucus representative has stood by his promises:
I wrote earlier that the November 2010 election results that swept a majority of Republicans into office, was merely a "shot across the bow" and that everyone would be watching what effects that would have on the President. Initially, the liberal media predicted that he would swing more toward the center, but in fact he has swung farther to the socialist left, demanding and receiving a raise in the debt limit with no immediate impact on reduction in spending, in fact, the government will increase spending at least until 2012 elections.
I have been a registered Libertarian for many years, although I am not a dues paying member of the Libertarian Party. But I will change my registration so that I can vote for Ron Paul as the candidate who will beat Obama in 2012. The media will continue to ignore him when they can and ridicule him when they cannot ignore him. But there is no denying that he is the ONLY candidate that addresses ALL of the issues strictly from a Constitutional perspective and not a populist one.
 | DJIA | 11383.7 | -512.76 |
| NASDAQ | 2556.39 | -136.68 |
And that was just in America. The world markets fair no better. With much rhetoric about the Tea Party Movement being blamed in the liberal media for all the ills of the Republican Party and their refusal to compromise, they are blazing new paths of journalistic malfeasance. The President is enjoying his birthday in Chicago while continuing to campaign and raise funds for his reelection. Congress takes the rest of the summer off, unemployment claims rise, and We the People are left with nothing more than lip service from those we elected, and who swore oaths to follow and protect the Constitution from all enemies, both foreign and domestic. Seems there are many enemies of the People elected to public office.
At least one Tea Party Caucus representative has stood by his promises:
And his father, long-time Congressman from Texas, Dr. Ron Paul has also said the same things for many years. What is happening now was predicted and avoidable. This is not a problem with Democrats or Republicans, so much as it is a problem with American people, who have been swindled out of their Constitutional government based on the lies of the corrupt politicians they keep reelecting from the same two parties. Americans have become complacent and complain rather than take action to remove those party loyal politicians from office.
I wrote earlier that the November 2010 election results that swept a majority of Republicans into office, was merely a "shot across the bow" and that everyone would be watching what effects that would have on the President. Initially, the liberal media predicted that he would swing more toward the center, but in fact he has swung farther to the socialist left, demanding and receiving a raise in the debt limit with no immediate impact on reduction in spending, in fact, the government will increase spending at least until 2012 elections.
I have been a registered Libertarian for many years, although I am not a dues paying member of the Libertarian Party. But I will change my registration so that I can vote for Ron Paul as the candidate who will beat Obama in 2012. The media will continue to ignore him when they can and ridicule him when they cannot ignore him. But there is no denying that he is the ONLY candidate that addresses ALL of the issues strictly from a Constitutional perspective and not a populist one.
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