Search This Blog

Friday, February 19, 2010

Ron Paul on CNBC - Great Talk- RON PAUL FOR PRESIDENT!!!!

Ron Paul touches on several big issues. One of his points is the Fed was formed illegally and is still unconstitutional, which is completely true. All you need to do is read to figure this out. Importance of Fed independence is a topic originated and defended by the Fed and the biggest beneficiaries of the Fed, the banks. You have to question their motives and how the existence of this unconstitutional institution affects the lives of ordinary Americans -a fifth of them are unemployed- and the middle class, which has consistently lost its wealth and buying power and is faced with falling living standards while the people associated with the Fed get richer and richer and the cliff gets higher and higher.

One of the most important topics that Ron Paul brought up is a topic most people do not even question. That is interest rates should be set by the market and not manipulated by the Fed. He says this as a believer of free markets. For a system that continues to say that they believe in free markets, one has to ask why are interest rates manipulated and not set free and be determined by the market. Soon enough it will be, but in a very unpleasant way with the current Federal Reserve led fiat monetary and fractional reserve banking system cracking under pressure as the dollar loses its importance in the world economy and people try desperately to avoid it.

Other topics delve into the fact that the Fed does a lot of things in secret and that is wrong in a democracy. It is undemocratic. Jim Rogers a couple months back was asking why they have to be so keen to hide things and commented that they must have done bad things that they are trying to keep things so hidden. The old saying goes, "there is something bad in everything hidden". That is very true in this case, also.

Ron Paul is the brightest guy in the Congress as well as being the cleanest politician in the country. This guy should have been the president. He would have dealt with a lot of the crony capitalism he mentioned in the CNBC interview. Lucky for us, his son is a very promising man in the footsteps of his father. So, there is still hope in the future to fight the crony capitalists and unconstitutional institutions ruining this great country.


No comments:

Post a Comment