Showing posts with label federal reserve. Show all posts
Showing posts with label federal reserve. Show all posts

Friday, January 4, 2008

Why Fox News is Excluding Ron Paul

Fox News is coming under a lot of pressure for excluding Ron Paul from their up coming Presidential Forum, but they are fighting tooth and nail to keep him out.





Their excuse is so stupid, it makes one want to vomit for the sheer evil that it attempts to veil.





From the very first debate, they have consistently lied to the American public about Ron Paul and have tried every dirty trick in the book to murder his campaign. But it hasn't worked and now they are scared because no matter how often they say "Ron Paul can't win," his support keeps growing.

Why does Ron Paul scare Fox News?

Because Fox News represents the interests of global elites, including banking elites.

Have a look at who is on the Corporate Governance of News Corporation (the owner of Fox News). Among these is Andrew Knight, the director of the Rothschild Investment Trust. The Rothschild's are the world's bankers.

Ron Paul has been a consistent and articulate critic of central banking in America.

The Federal Reserve is a privately owned central bank (no one even knows who owns it) that gets to print money out of thin air, control the supply of money by lending that money to the Government and to big business, and then Jane and Joe America gets the privilege of paying for that money through oppressive income tax to the IRS (see Ronald Regan's Grace Report, "100 percent of what is collected [of the income tax] is absorbed solely by interest on the Federal debt" - that is, 100% of your income tax goes directly to private bankers to pay down the interest on the loans that Government has taken to pay for the Warfare State, the Welfare State and maintain its empire around the world).

The system of central banking and the "inflation tax" that it makes possible is why "the rich are getting richer and the poor are getting poorer." It is not for lack of hard work that there is a shrinking middle class, it is because the very system in which we work is stacked aggressively against the poor and middle class.

For Ron Paul's entire political career he has been a lone voice in the wilderness crying out for justice on these issues and the restoration of the Constitution.

You see, the Constitution doesn't call for a central bank (and in fact, we don't need one), and the Federal Income Tax is un-Constitutional (which is why your senator will call it the "voluntary" income tax on the senate floor), and our fiat money system is also un-Constitutional because it calls for hard currency backed by silver and gold (our Founding Father's fought against central banking and fiat money because they know how it would turn the American people into slaves to the "Money Power.")

Ron Paul has been articulating the philosophical, moral, legal, economic and most of all Constitutional foundations for the Liberty we so dearly love in America.

The global elites would rather you be stupid sheep and keep working 60 hour weeks just to make ends meet and then give up to 50% of the fruits of your labor to the central bankers.

The Washington elites would rather you be stupid sheep and do what you are told so they can continue spending like a drunken sailor and send our country into an economic crash that will make the Great Depression look wonderful.

And the media elites are owned by interests working against the American people and American sovereignty.

That is why Fox News doesn't want Ron Paul to be at the forum this weekend. Fox News wants to dictate who can and can not be your President.

Since when was it the Media's job to pick our President?

Fox News wants you to believe that their mobile studio isn't big enough to fit Ron Paul at the table.

They don't want you to believe that it has anything to do with the powerful message that Ron Paul is spreading across this country. A message of freedom, peace and prosperity.

Fox News, a new day is dawning!

Go Ron Paul!




Thursday, September 20, 2007

"Bernanke Stumped by Representative Ron Paul"

Scott Reamer:

In today’s testimony before the house, Fed Chairman Bernanke was questioned by Representative Ron Paul in what was a remarkable exchange. Remarkable for how straightforward, lucid, and anti-statist the question was. In his questioning, Ron Paul stated:

"I want to follow up on the discussion about moral hazard. I think we have a very narrow understanding about what moral hazard really is. Because I think moral hazard begins at the very moment that we create artificially low interest rates which we constantly do. And this is the reason people make mistakes. It isn’t because human nature causes us to make all these mistakes, but there is a normal reaction when interest rates are low that there will be overinvestment and malinvestment, excessive debt, and then there are consequences from this. My question is going to be around the subject of how can it ever be morally justifiable to deliberately depreciate the value of our currency?”

His statements continued (about how much oil, gold, wheat, corn, etc. has gone up since the rate decrease) but the heart of his question was the following moral question: ...consciously depreciating the value of the USD has winners and losers (Wall Street/banks/the rich and everyone else), Mr. Bernanke. How do you constantly choose Wall Street over the rest of America?
I'd highly encourage CFRP viewers to read the rest here.

Wednesday, September 19, 2007

Ron Paul & Alan Greenspan

Alan Greenspan recently published a book in which he "accused Bush of racking up big budget deficits, saying the president and Congress' former Republican leaders abandoned the party's conservative principles favoring small government" and also writes that he regreted each time when President Bush did not use his presidential veto power to address "out-of-control spending." (source: AP)

Today the Free Market News Network highlights three exchanges that took place between Alan Greenspan during his time as chairmen of the federal reserve and Dr. Ron Paul which demonstrate Ron Paul's long track-record for demanding fiscally-sound and sane federal monetary policies which defend freedom and avoid exploitation. A sample:

2/11/2004 — DIALOGUE TWO

(In which Ron Paul gets Greenspan to admit the Fed has ‘inordinate power.’)

Dr. PAUL: "Maybe there is too much power in the hands of those who control monetary policy, the power to create the financial bubbles, the power to maybe bring the bubble about, the power to change the value of the stock market within minutes? That to me is just an ominous power and challenges the whole concept of freedom and liberty sound money."

Dr. GREENSPAN: "Congressman, as I have said to you before, the problem you are alluding to is the conversion of a commodity standard to fiat money. We have statutorily gone onto a fiat money standard, and as a consequence of that it is inevitable that the authority, which is the producer of the money supply, will have inordinate power."