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  #2371  
Old 06-07-2017, 05:28 PM
roadster02 roadster02 is offline
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Without looking it up. Insanity= Doing the same thing over and over, and expecting a different result. Close?
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  #2372  
Old 06-27-2017, 02:03 PM
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Two of my favorite people in the whole wide world, Ron Paul interviews Edward Snowden. Worth watching every second.

https://www.youtube.com/watch?v=9XLLo0025Jc

Part 2

https://www.youtube.com/watch?v=pAVye51EUkM
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  #2373  
Old 07-13-2017, 06:27 PM
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Janet Yellen: False Prophet of Prosperity
written by Ron Paul
Monday July 10, 2017


Federal Reserve Chair Janet Yellen recently predicted that, thanks to the regulations implemented after the 2008 market meltdown, America would not experience another economic crisis “in our lifetimes.” Yellen’s statement should send shivers down our spines, as there are few more reliable signals of an impending recession, or worse, than when so-called "experts" proclaim that we are in an era of unending prosperity.

For instance, in the years leading up to the 2008 market meltdown, then-Fed Chair Ben Bernanke repeatedly denied the existence of a housing bubble. In February 2007, Bernanke not only denied that “sluggishness” in the housing market would affect the general economy, but predicted that the economy would expand in 2007 and 2008. Of course, instead of years of economic growth, 2007 and 2008 were marked by a market meltdown whose effects are still being felt.

Yellen’s happy talk ignores a number of signs that the economy is on the verge of another crisis. In recent months, the US has experienced a decline in economic growth and the value of the dollar. The only economic statistic showing a positive trend is the unemployment rate — and that is only because the official unemployment rate does not count those who have given up looking for work. The real unemployment rate is at least 50 percent higher than the manipulated “official” rate.

A recent Treasury Department report’s called for rolling back of bank regulations could further destabilize the economy. This seems counterintuitive, as rolling back regulations usually contributes to economic growth. However, rolling back bank regulations without ending subsidies like deposit insurance that create a moral hazard that incentivizes banks to engage in risky business practices could cause banks to resume the unsound lending practices that were a major contributor to the growth, and collapse, of the housing bubble.

The US economy is already faced with several bubbles that could implode at any time. These include bubbles in student loans and automobiles sales, and even another housing bubble. The most dangerous of these bubbles is the government bubble caused by excessive spending. According to a 2016 study by the Mercatus Center, at least four states could soon join Puerto Rico and Illinois in facing bankruptcy.

Of course, the mother of all government bubbles is the federal spending bubble. Despite claims of both defenders and critics of the president’s budget, neither President Trump nor the Republican Congress have any plans for, or interest in, reducing spending in any area. Even the so-called cuts in Medicare and other entitlement programs that have generated such hysterics are not real cuts, but “reductions in the rate of growth.”

Some fiscal conservatives are praising the administration’s proposal to finance transportation spending via government bonds. However, the people will eventually have to pay for these bonds either directly through income taxes or indirectly through the inflation tax. Government-issued bonds harm the economy by diverting investment capital away from the private sector to the “mixed economy” controlled by politicians, bureaucrats, and crony capitalists.

If Congress continues to increase spending and the Federal Reserve continues to facilitate that spending by monetizing the debt, Americans will face an economic crisis more severe than the Great Depression. The crisis will likely result from a rejection of the dollar as the world’s reserve currency. Those of us who know the truth must redouble our efforts to ensure a peaceful transition away from the Keynesian system of welfare, warfare, and fiat currency to a society of peace, prosperity, and liberty.
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  #2374  
Old 07-25-2017, 01:28 PM
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Trump Should Veto Congress’ Foolish New Sanctions Bill
written by Ron Paul
Monday July 24, 2017


This week’s expected House vote to add more sanctions on Russia, Iran, and North Korea is a prime example of how little thought goes into US foreign policy. Sanctions have become kind of an automatic action the US government takes when it simply doesn’t know what else to do.

No matter what the problem, no matter where on earth it occurs, the answer from Washington is always sanctions. Sanctions are supposed to force governments to change policies and do what Washington tells them or face the wrath of their people. So the goal of sanctions is to make life as miserable as possible for civilians so they will try to overthrow their governments. Foreign leaders and the elites do not suffer under sanctions. This policy would be immoral even if it did work, but it does not.

Why is Congress so eager for more sanctions on Russia? The neocons and the media have designated Russia as the official enemy and the military industrial complex and other special interests want to continue getting rich terrifying Americans into believing the propaganda.

Why, just weeks after the White House affirmed that Iran is abiding by its obligations under the nuclear treaty, does Congress pass additional sanctions anyway? Washington blames Iran for “destabilizing” Syria and Iraq by helping them fight ISIS and al-Qaeda. Does this make any sense at all?

When is the last time Iran committed a terrorist act on our soil? It hasn’t. Yet we learned from the declassified 28 pages of the Congressional 9/11 report that Saudi Arabia was deeply involved in the 2001 attacks against Washington and New York. Who has funded al-Qaeda and ISIS in Syria for years? Saudi Arabia. Yet no one is talking about sanctions against that country. This is because sanctions are not about our security. They are about politics and special interests.

Why is Congress poised to add yet more sanctions on North Korea? Do they want the North Korean people to suffer more than they are already suffering? North Korea’s GDP is half that of Vermont – the US state with the lowest GDP! Does anyone believe they are about to invade us? There is much talk about North Korea’s ballistic missile program, but little talk about 30,000 US troops and weapons on North Korea’s border. For Washington, it’s never a threat if we do it to the other guy.

Here’s an alternative to doing the same thing over and over: Let’s take US troops out of North Korea after 70 years. The new South Korean president has proposed military talks with North Korea to try and reduce tensions. We should get out of the way and let them solve their own problems. If Iran and Russia want to fight ISIS and al-Qaeda at the invitation of their ally, Syria, why stand in the way? We can’t run the world. We are out of money.

President Trump was elected to pursue a new kind of foreign policy. If he means what he said on the campaign trail, he will veto this foolish sanctions bill and begin dismantling neocon control of his Administration.
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  #2375  
Old 09-06-2017, 02:09 PM
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https://www.youtube.com/watch?v=yJ7b4MpDld8

Recent speech.
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"It is no coincidence that the century of total war coincided with the century of central banking" - Ron Paul
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  #2376  
Old 10-09-2017, 10:43 PM
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http://video.foxnews.com/v/559875219...#sp=show-clips
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"It is no coincidence that the century of total war coincided with the century of central banking" - Ron Paul
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  #2377  
Old 10-10-2017, 09:45 AM
curver900 curver900 is offline
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A recent Treasury Department reportís called for rolling back of bank regulations could further destabilize the economy. This seems counter-intuitive, as rolling back regulations usually contributes to economic growth. However, rolling back bank regulations without ending subsidies like deposit insurance that create a moral hazard that incentivizes banks to engage in risky business practices could cause banks to resume the unsound lending practices that were a major contributor to the growth, and collapse, of the housing bubble.

The above is simply not true.. this is a lie.. banks were strong armed into lending to those who did not qualify for loans do to their skin color, nationality, sex, you name it... but the risky practices were done "no doc loans", "no down payment" etc... because it was cheaper to do that than to fight the legal battles of "discrimination".. The housing bubble was brought to you by none other than the federal government.. even George Bush said it was unsustainable and that is on record...
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  #2378  
Old 10-12-2017, 08:38 AM
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Ron Paul has been studying economics and banking longer than I have been alive. I am more likely to believe his word and knowledge than what I were to read in the newspaper or hear on our less than reliable/truthful news/media. His record of honesty is far superior to any news outlet.
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"It is no coincidence that the century of total war coincided with the century of central banking" - Ron Paul
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  #2379  
Old 10-12-2017, 05:04 PM
curver900 curver900 is offline
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Quote:
Originally Posted by captain planet View Post
Ron Paul has been studying economics and banking longer than I have been alive. I am more likely to believe his word and knowledge than what I were to read in the newspaper or hear on our less than reliable/truthful news/media. His record of honesty is far superior to any news outlet.
ahhhhh good ol' blind faith.. Love it!
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  #2380  
Old 10-12-2017, 09:53 PM
roadster02 roadster02 is offline
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Not really a matter of just faith, it is a matter of who has a track record of telling the truth. Major News media sucks, and is totally biased to the left. Everyone by now knows that. There are several other truth tellers other than RP. RP is just one example, and he happens to be the one that CP chooses to follow, and quote.
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