Ron Paul was Right (house of representatives, campaign, poll, represent)

[paperhouse]

Originally Posted by ucfjtm

It's not Fox.. it's the entire Republican party that couldn't stand him.. they saw him as a threat to McCain, Romney, Giuliani, Huckabee, Thompson, so they cast him off as a crazy fool. I agree with many of his stances, but he just had a very bad way of displaying them during public debates.

Abraham Lincoln was reported to have a high pitched nasally voice. FDR was in a wheel chair. Nixon, come on. I think we would all rather look at a bowl of oatmeal for 90 minutes.

[paperhouse]

CR: CONFERENCE REPORT ON S. 900, GRAMM-LEACH-BLILEY ACT

Just something I thought the OP would like.

[TnHilltopper]

Originally Posted by paperhouse

CR: CONFERENCE REPORT ON S. 900, GRAMM-LEACH-BLILEY ACT

Just something I thought the OP would like.

wow...

* Such a scenario would put added pressure on the financial bubble. The growth in money and credit has outpaced both savings and economic growth. These inflationary pressures have been concentrated in asset prices, not consumer price inflation--keeping monetary policy too easy. This increase in asset prices has fueled domestic borrowing and spending.

* Government policy and the increase in securitization are largely responsible for this bubble. In addition to loose monetary policies by the Federal Reserve, government-sponsored enterprises Fannie Mae and Freddie Mac have contributed to the problem. The fourfold increases in their balance sheets from 1997 to 1998 boosted new home borrowings to more than $1.5 trillion in 1998, two-thirds of which were refinances which put an extra $15,000 in the pockets of consumers on average--and reduce risk for individual institutions while increasing risk for the system as a whole.

And for a bit of added sting

This increased indication of the government's eagerness to bail out highly-leveraged, risky and largely unregulated financial institutions bodes ill for the post S. 900 future as far as limiting taxpayer liability is concerned. LTCM isn't even registered in the United States but the Cayman Islands!

I wonder if the one billion we are giving Georgia could be considered a "bail out"

[paperhouse]

Originally Posted by TnHilltopper

wow...
I wonder if the one billion we are giving Georgia could be considered a "bail out"

You know, Paul knows a lot more than he's telling us. It's hard to remain in the land of reality at times with all the conspiracy stuff that gets attached to things like this, but it does make me wonder, just what the hell our government is doing.

[TnHilltopper]

Originally Posted by paperhouse

You know, Paul knows a lot more than he's telling us. It's hard to remain in the land of reality at times with all the conspiracy stuff that gets attached to things like this, but it does make me wonder, just what the hell our government is doing.

I hear ya, but if history is our guide then in the past, the last duty of a dying empire is for the governing body to loot the treasury. Lets just hope we aren't there yet.

[roberta]

Originally Posted by XLIGuy

In light of this current economic crisis I'm sure Ron Paul is thinking..... "I told you so". And what about McCain and Obama? They look like Laurel & Hardy. How did these two jokers become the presidential candidates is beyond any comprehension.

We had our chance to support him--instead, we ridiculed him, and chose to support 2 candidates who can never be half the man he is. He was actually "for us", and we labeled him a "kook", because he was not on the "winning" side--and all the time, he had our best interests at heart. We deserve what we vote for--which certainly isn't in our best interests. I can't believe we are so naive, as to think that either of the 2 big parties are on "our side"--oh God, how stupid can we get! Do we really think that the Dems, and Repubs care about us? Never, in a million yrs, do they give a a s---. They are both the same--in the middle--both on the road to Socialism, that has been creeping up on us for yrs. If this is what you want--you've got it, if you vote for Obama, or Mccain. It isn't my American dream anymore.

[nebulous1]

Originally Posted by carlitasway

I really wish Ron Paul would've stayed in the race. I hate that the media gave him almost no coverage. I would've voted for him.

Me too...read his books. He was the only real choice in my opinion. But I will vote for Obama, to be one vote against McCain and the Bush legacy.

[paperhouse]

Originally Posted by TnHilltopper

I hear ya, but if history is our guide then in the past, the last duty of a dying empire is for the governing body to loot the treasury. Lets just hope we aren't there yet.

We are. However, I've come to the conclusion that the governing body has no clue. They're being swindled too. You know that whole golden parachute thing? Yeah, it's not retroactive. Since these execs signed contracts, you can't pass ex post facto laws. As subscribers to Ron Paul, we know this.

The only solution to this problem is to nationalize the Federal Reserve and clear the slate of all interest. However, that creates a big issue on what to do with the haves and the have nots. Instead of fiat money, we value our currency based on hours which is almost the system we have in a manufacturing society anyway. The Gold Standard is the wrong way to look at it.

I've always thought Paul had something wrong. Now I understand what it was.

Money As Debt

This is the biggest clusterfark ever. I'm sure Nero is looking up at us thinking, suckers!.

[floridasandy]

Originally Posted by tluv00

The same way Bush got another 4. Slimey political tactics and stupid voters. Don't talk about the real issues and make your opponent look like a fool.

it isn't fair to say stupid voters. americans have trusted the people they elected to do the right thing by them and, in turn, these politicians are turning out to be not worthy of our trust. it is more an issue of elected official greed, incompetence, and disrespect for the voter than voter stupidity.

[bale002]

In addition to the items that TnHilltopper highlighted, I would suggest that the linchpin, from a purely economic standpoint is ...

With the economy more fragile than is popularly recognized, we should move cautiously as we initiate reforms. Federal Reserve Board Chairman Alan Greenspan (in a 1997 speech in Frankfurt, Germany and other times), Kurt Richebacher, Frank Veneroso and others, have questioned the statistical accuracy of the economy's vaunted productivity gains.

Originally Posted by TnHilltopper
I hear ya, but if history is our guide then in the past, the last duty of a dying empire is for the governing body to loot the treasury. Lets just hope we aren't there yet.

Originally Posted by paperhouse

We are. However, I've come to the conclusion that the governing body has no clue. They're being swindled too.

A swindle indeed. It is not difficult for a the money-men/oilmen complex to buy off some hundreds of Congressmen.

I'm sure Nero is looking up at us thinking, suckers!.

Apologies for being nit-picky, but for at least the first half of his reign, Nero was an effective governor and he actually revalued the coinage. His downfall came in the second half when he ran foul of the military. Coinage debasement started in earnest a bit later, under Trajan with, you guessed it, attempts at military expansion, featuring an invasion of Mesopotamia.

His successor Hadrian, who officially acceded to power in Antioch, the first time an emperor acceded to power outside of Rome (parallel US military headquarters in Dubai, for example, not to mention corporates and wealthy citizens setting up headquarters in places like Hong Kong), withdrew and tried to consolidate.

In short, though not official, the traditional US republic is all but dead and buried, only a series of miracles could save it.