How does he, or you, propose to go to the "gold or silver" standard?Fluffy,
I do not mean to be dismissive condescending in any manner...this country is an a debt crisis as big or bigger than all these other nations needing a bailout by the IMF or other "fund" of pooled money by multiple world central banks.
Let me ask in general; do we fully understand that our dollar(the world's reserve currency) is only backed by the "full faith and credit of the United States of America") and NOT any commodity whatsoever; and that the United States of America(the treasury that "backs" that dollar - pays back the nation we borrow money from) has NOTHING to give unless it first takes it from someone else?
Do we understand that every dollar the Federal Reserve prints and gives to Congress, Israel, Israel's enemies, or contributes to a pool of money to bail out Greece, Italy or whomever; is a dollar that the United States taxpayer is on the hook for PLUS interest?
Ron Paul has said the United States has defaulted 3 times in one of the earliest GOP debates(see below); that was his most important point...and I think it went over most people's heads.
Ron Paul has said there are only 3 options for this government to pay it's obligations...BORROW money, TAX the United States citizens, or PRINT the money(which debases the currency and is a deliberate policy of inflation)...there are no other options.
On top of that, as I know everyone can see the prices going up; a commodity-backed currency keeps the government HONEST...meaning...when another nation holding dollars, attempts to cash them in for GOLD(or oil or corn or silver or any "basket of commodities" as Ron Paul has suggested), they will BE PAID on DEMAND which makes us creditworthy!
As it stands now, if some other country makes a demand on our treasury(cashes in their treasuries), and demands CASH so they can go trade them in for a commodity; the Fed has to print the money and the treasury has to go retrieve that money(PLUS interest) from the US taxpayer at a time when our national unemployment rate is realistically in the low 20's...or...borrow from Peter to pay Paul.
This nation is severely in debt; this crisis, and these same policies that pro-Fed Republican and Democrat career politicians continue to follow(also supporting Obamacare which is nothing more than a HUGE TAX to pay for and exponential increase in medical bills the government is obligating itself to pay on BEHALF of ALL Americans without our consent - and nothing to do with healthcare at all) must be stopped...and Ron Paul is the ONLY one that will move us in that transitional direction to save our nation's reputation as creditworthy, and not a nation with a bloated central government that, in communist fashion(the State provides EVERYTHING), follows the policies of the former collapsed former Soviet Union...bent on perpetuating welfare and warfare it cannot afford.
There will be a long, and painful transition to commodity-backed dollar once again(restoring our creditworthiness and fiscal morality on the world stage that sees us as a arrogant banking bully with a military threat to back them up); and that transition begins with the good-will gesture of SLASHING government spending, bringing the troops home immediately, and a 1 Trillion dollar cut in the budget in his first year.
Somebody has to take the candy from the baby(Congress and corporatists), and stop using our military as cannon-fodder and fiat currency(issuing credit to our allies who assist us in empire-building) for this conquest of control over the world's supposedly finite resources(human and natural). This has to be done abruptly, and with the moral fortitude to survive the temper-tantrum of those
surviving on BOTH corporate and social welfare...because what's right is RIGHT!!!
We've only been a total fiat currency for 40 years - my lifetime; we can reverse course and be what our founders envisioned us to be once again by throwing out the "money-changers" from high office...and a Ron Paul presidency would be the beginning of that...and a more peaceful new beginning/recovery than the inevitable will be if we just maintain the status quo that career politicians and the media want. World history bears out the rise and falls of bully empire's that spread their debt and NOT good will and equal opportunity.
The onus of our original revolution was the same scenario...the over-extended Mother Country attempted to transfer their debt load onto this new colony; and we rebelled because those Americans endured "the weather", "battled savages", and created industry and generated a profit and good standard of living just like most sincere Americans today are trying to do honestly...it is time the states agree with Ron Paul and assert their desire to run their own show, and reject this empire-building on the backs of their already overtaxed residents; or, the day will soon come where we will be forced to "throw off" these many aligned and bloated parent governments through civil war; as has broken out in other countries that are mad at their governments for getting in bed with America and other corporatists who have NOT the best interest of their population and their posterity in mind.
The fruits of my labor are MINE; and if I want to buy gold and silver, buy needed groceries, instead of pay union dues or be forced into a bankrupted state pension system I ought to have that right - now I have been forced to buy those things AFTER deductions - and it's gone too far - because too many on the right and the left have been conditioned to exist, and be survived by the socialism that comes from a central government's adherence to a TOTAL fiat currency system!
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