Friday, September 19, 2008
Ron Paul on the Financial Crisis...
It is no secret here that I have been a long term supporter and admirer of Ron Paul's message for a return to constitutional government, balancing the federal budget, and reducing government interventionism in markets, foreign affairs and legislated morality measures. Fortunately, at least for now, Rep. Paul is still attending to affairs on Capitol Hill and continuing like the "voice in the wilderness of reason" to communicate directly to the people the continued farce that is our current Federal government.
I think this video on the latest financial debacles hits many points squarely:
• The Federal Reserve monopoly on our money and our system of enterprise needs to be halted as soon as possible. The congress, nor anyone else for that matter, seems to have any affect or control on this non-elected body of bureaucrats who in a vacuum make all the major decisions in our country regarding currency release, interest rates...just generally controlling our economy with no checks and balances. SCARY!
• Our government needs to STOP its interventionist policies throughout the world. On top of Iraq, Afghanistan, N Korea, Iran and the rest of the Middle East, we now are RE igniting the cold war with Russia over the Georgia conflict. We just gave Georgia another 1 BILLION for defense and "humanitarian aid"...which we don’t have in the coffers to give.
• The diluting of our currency, the dollar, will continue to set us up for economic devastation and the wiping out of our middle class in purchasing power, retirement funding, or having any money to invest in small businesses...which are the lifeblood of our economy.
• We are working with our "friends" the Chinese to make more guarantees for all the currency debt they hold of ours. All this to keep them from making a run on our currency and in essence kicking out from under us a third or fourth leg of support for our country's system.
If all that isn't scary enough...how about THIS picture today of the government "leaders" who are coming to our rescue with this new multi-TRILLION dollar plan to bail us all out?
Makes me feel so much more secure...how about you?