http://www.ronpaul2008.com/issues/debt-and-taxes/ http://www.youtube.com/watch?v=8-W-ef7GmT4 this is exactly why the gap between the wealthy and poor is getting bigger and the middle class is shrinking. oil is the same price in the euro countries(maybe slighly higher) today as it was in 2001, it has doubled for the US all because of unsound fed policy and unsound policy by our elected officials. we can change this or we can keep going to war to protect the dollar (not oil reserves as so many think). recognize the problem, then we can fix it. don't listen to the people causing the problem who want to keep you looking at something else.
Why does a president wannabe talk about monetary policy? That's not his business! He's not the next in line for Fed president. He's suppose to be focused on fiscal policy, which he doesn't have total control over, assuming he becomes the president.
http://www.house.gov/paul/congrec/congrec2002/cr091002b.htm http://www.house.gov/paul/congrec/congrec2006/cr021506.htm i'll let him explain it. aren't they all wannabe's until we elect someone. i guess you listen to the general media when they tell you to buy a stock or sell one as well.
ok the world central banks dumped the equivalent of $450 billion into the system this week US, EU, Japan, Autrailia were all in it..... hang on to your wallet.........
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." Thomas Jefferson - 1809 i guess thomas jefferson was a wannabe that shouldn't have talked about banking policy either. just in case you thought he just said it once, here is a few more. funny how things seem to be so different but yet so similar. "To preserve the independence of the people, we must not let our rulers load us with perpetual debt. We must make our election between economy and liberty, or profusion and servitude. If we run into such debts as that we must be taxed in our meat and in our drink, in our necessaries and our comforts, in our labors and our amusements, for our callings and our creeds, as the people of England are, our people, like them, must come to labor sixteen hours in the twenty-four, give the earnings of fifteen of these to the government for their debts and daily expenses, and the sixteenth being insufficient to afford us bread, we must live, as they now do, on oatmeal and potatoes, have no time to think, no means of calling the mismanagers to account, but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow- sufferers." Thomas Jefferson 1816 "No earthly consideration could induce my consent to contract such a debt as England has by her wars for commerce, to reduce our citizens by taxes to such wretchedness, as that laboring sixteen of the twenty- four hours, they are still unable to afford themselves bread, or barely to earn as much oatmeal or potatoes as will keep soul and body together. And all this to feed the avidity of a few millionary merchants and to keep up one thousand ships of war for the protection of their commercial speculations." Thomas Jefferson 1816