With Birdie Obama currently plundering the American economy, I had presumed I could relax and enjoy Allan Keyes fine Patrick Henry renditions in defense of the United States of America...........But no, it is not enough Birdie is here, but out from under his kook rock has surfaced Rep. Ron Paul of Texas again with his "financial fix" which plays on a digital loop of gold standard quality.
I invested a great deal of time in posts on Newsbusters explaining the fallacy of Ron Paul, but endeavor to accomplish it once again for the sincerest purpose of exposing that the robber baron of Barack Obama is just as bad as the miser scrooge of Ron Paul.
Neither one of these people know any more about economics than and fixing economics than........oh let's dust off Noel Sheppard as he hasn't been mentioned in awhile.
In writing that Barack Obama can not spend in debt a country out of a constriction a country in debt, the equal fallacy of Ron Paul's economics from the stone ages must be exposed.
His gold standard was from a period when a million dollars was worth a million dollars and some people reading this can remember a time when it was a classroom memory lesson in naming the hand full of millionaires who inhabited America like joves.
So let us take Ron Paul at his word. Tomorrow America switches to the gold standard at 1000 dollar an ounce. Do you know how much money America has out there?
No one really does. It could be 45 trillion or 100 trillion depending on the counterfeit bills floating around out there and money laundered and hidden away in Rothschild accounts.
So if that money is now backed by gold, it would go into free fall as there is not enough gold to back it, so it would be worth more to burn it than to keep one dollar worth .0000001 cents.
If one goes to the opposite in making the dollar tied to gold, then that dollar would inflate the price of gold to tens of millions of dollars an ounce.
Mind you, Americans do not have a great deal of gold, but Russia does in reserves. This would mean Russia would overnight become an economic superpower as it would hold trillions of dollars worth of gold which was worth a few hundred million before Ron Paul initiated his system.
Obviously, readers should come to the conclusion that Ron Paul should not be allowed anywhere near monetary funds as he has not even pondered past the right wing rally line what his policy would do.
Furthermore, Ron Paul wants to wipe out the Federal Reserve, which is the American national banking system owned by foreigners and Americans.
This sounds wonderful as they print money like toilet tissue.
Here is the problem though as addressed by two of my favorite economists in Alexander Hamilton, the godfather of American economics and Theodore Roosevelt who actually brought about the Federal Reserve as it was supposed to serve America.
First, Ron Paul wipes out the Federal Reserve and the people cheer, YAHOOTERS!
Next, a nuclear bomb goes off in Los Angeles microwaving a bunch of Mexican corn tortillas for free.
Next, Congress and Obama, promise California it will assist.
Next, Geithner tells Obama and Congress, sorry boys, the Treasury has no money it can print up on the gold standard and as America has no national bank to take a loan from, there is no money for appetizers in LA.
This is what Teddy Roosevelt understood as Hamilton did, in America you needed to protect Citizens from massive tax increases in times of trouble, wars, or for projects like the Panama Canal.
You did this by having a national banking system to borrow from and paying the loan off over a long period to not harm the economy.
In reality, Ron Paul is a worse disaster than Barack Obama. Neither are good for America, but tossing inflation away from fiscal bankruptcy of America while making titans of Eurasian is pure idiocy.
In addressing the solution, it is simple. One does not have to get rid of the federal reserve, but instead you charter it as Alexander Hamilton mandated.
Charter these national banks to operate in renewable contracts overseen by Congress, the White House and Judiciary for the good of Americans. If things get bad, the Rockefellers loose their golden goose and someone else gets the charter.
I have explained that if Congress simply told the bankers to fix this without inflation, without plunging the nation into problems, all within 6 months or they would loose their banks, their freedom in sending them to prison and loose their personal assets against the debt they manufactured, that in 3 months the American economy would be fixed.
Warren Buffett stunned Charlie Rose with my prediction in this could be fixed in 6 months. I have told people this was a staged constriction and it could be fixed in half a year and dottering Buffett confirmed it.
My exposing him got enough attention that he had to produce propaganda pieces about how "poor" he was, shortly after this European staged attack on America blew up and Buffett was spending billions gobbling up companies.
The dollar should be sound and based on actual reserves. The dollar could also be a two tiered dollar in an American greenback of full value and an international greenback of exchange rates. No one but Americans could get the American dollar unless they had reserves of enough international dollar. This would make the American dollar an even more valuable commodity, especially as it would not be allowed to be traded outside the states.
The problem in this is not the dollar, devaluation nor inflation as Ron Paul speaks of. The problem is lack of production in producing a value base for the dollar so real dollars are backed by real wealth, instead of inflationary printing of money to create wealth.
The American dollar could be backed by all sorts of commodities held in reserve from clean water, gold, silver, diamonds, platinum etc.... These certificates like Kennedy silver certificates would ease the pressure on gold in building a reserve base of real wealth value held in America, and outside the commodity traders manipulating the system as George Soros did with wheat and oil.
The federal reserve is not evil. It just has nation rapists running it without any cost to them, so of course they are going to print worthless money as it makes them rich.
That too must be addressed in the value of loans, so that Americans will not be gouged by market rates and still be paid a reasonable return on money the banks are using, which Americans hold in work value in the dollars they receive for production.
Find wealth reserves on the moon and back them with dollars, find them on Jupiter's moons and back them with more dollars. That initiative would compel the natural good greed of people to expand the economy to get wealth and that expansion would make every American richer, just as Benjamin Franklin explained in his memoirs which included sound monetary policy.
The pretty girl always looks like a good deal compared to the one you do not have, until you start seeing the image is backwards and you start noticing, she is going to cost a whole lot more to maintain than the disaster you have already.
Charter a national banking system to make it run responsibly with criminal codes being enforced. Back the dollar to provide it full value and stabilize commodity prices, and in reasonable money usury pay Americans for their savings while providing affordable low interest loans to expand the economy and that settles the issue and solves all the problems.
Or, Ron Paul is going to wake up with his little gambit and find Barack Obama just did what he said about backing the dollar, but Obama's version will be to have only his buddies holding the full value dollar, while all Americans hold the toilet paper version worth pennies as they are left to absorb in being ruined by the trillions of dollars in debt.
That should pretty much explain both sides of kook economics which would both bring ruin to the United States Citizen who must be protected and is not being protected.
Obama must be made to make massive spending cuts and not increase taxes on the masses as he intends in more spending, as when he does that the economy will stagnate worse, more people will be thrown out of work and it will create massive inflation as companies pass those taxes onto he consumers, doubling their burden by inflation.
The Obama abyss is no different than the Paul abyss. It is past time that the things explained here start being explained to the masses, by those people who claim to be economists and having the good of America on their agenda programs.
Those trillions, as I will repeat again, exist in the real world money supply in accounts of the elite financiers as their assets. They stole them from America in economic terrorism and if Ron Paul or Barack Obama was in the least bit serious in rectifying this situation, they would simply tell the financiers they have a choice in being named, how much money they stole is in their accounts, and, their addresses published without any police or private security protection with the mobs told to go get their money back..........or the financiers could return the lion's share of the booty in public refunds to each Citizen, thereby looking like a hero like Andrew Carnegie, with the caveat they would run the banking industry at modest profits for the public good.
These financiers are terrified of the mob and fear revolution. They would return the money immediately and over night the American deficit would disappear.
Of course, people are not adept at having money and it would destroy their personal lives, but that could be managed too in a program rationing money to people if they worked a period of time, made investments and provided for their retirement.
The Kennedy's called it a trust fund.
Mr. Paul and Mr. Obama, you have been dismissed.
Oh yes, back to Allan Keyes, American Heroic Figure.
agtG
