Wednesday, May 06, 2009

Ron Paul nails Bernanke's balls to the wall.



I'm not an economist, but I do understand that flooding a paper currency [fiat money—worthless paper] will cause prices to rise.

Just look at Zimbabwe—they have a trillion dollar bill in circulation! That's what happens when money is completely devalued, and that was caused by an out-of-control Central Bank that kept the money printing press running at full speed.

Ron Paul is busting Bernanke's balls because the Fed's actions are leading to an inevitable conclusion—hyper-inflation. The Fed doubled the money supply in a matter of months, which is unheard of in American history, and We the People haven't felt the repercussions of that yet, but rest assured, We the People undoubtably will.

Imagine the price of everything you buy doubling in a matter of months. I'm not saying that's going to happen here, but it has happened in countries like Zimbabwe, Iraq, Germany, etc... What makes the U.S. so special, when We the People have allowed the Fed to engage in such money printing extravagances.

The United States is not immune to financial disasters. During the Great Depression, roughly 5 million Americans starved to death, which is crazy considering this country was largely agrarian—ie; the small family farm was alive and well.

Today, a financial disaster could have far greater consequences.

Part of the problem during the Great Depression was the fact that the Fed's policy was to contract the money supply, which is the exact opposite of what they've done today, but their actions of today could still have the same cataclysmic potential, which is why Ron Paul grills Bernanke.

Who's going to suffer when the price of everything doubles or triples? Naturally, the poor will suffer, which a greater number of Americans are poor thanks to the already devalued dollar. Except, maybe, this time around, instead 5 million people starving to death in a Depression, it may be 30 million people. And just like WW2 pulled us out of the Great Depression, maybe WW3 will pull us out of the Second Great Depression. Except, maybe, this time around, instead of a million Americans dying from bloodshed, it will be 50 to 100 million—maybe more.

Or maybe I'm too negative, and I'm reading a little too far into things.

Maybe, I have a Right to be cynical. If you've seen some of the things I've shared in my blog, you might not think my hypothesis is very far from the mark.

We the People need to wake up.

We the People need to realize the enormous power Congress had to create money was turned over to the Private Federal Reserve, which is neither Federal nor a Reserve. It's a private for-profit bank, and it's shareholders are the richest men in the world, whom you never hear of because guess who owns our "free press?"

It's time to stop living in a dream world. History has a tendency to repeat itself, if the mistakes of the past go uncorrected.

Nothing has been corrected in America since 1913, when the Fed was founded, and here's what Napoleon Bonaparte, of all people, had to say about Central Banks like Federal Reserve in 1815:

"When a government is dependent upon bankers for money, they [the bankers] and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."

Then, consider Mayer Rothchilds statement in 1780, "Permit me to issue a nation’s money, and I care not who makes its laws."

Mayer and Napoleon concur.

So, if you think the U.S. Government, which has allowed the Fed to continue for nearly 100 years has compassion for you—think again.

Look to your beautiful children. See their beautiful smiles. See their sparks of joy and love.

Are you going to let their future be ruined by bankers, who would see them starving in a gutter and do nothing for them as they step into their limousines?

The situation in America dumbfounds me. The more I see the writing on the wall, the more I can't believe it's actually happening while everyone snoozes.

Ron Paul has 2 bills before Congress:

1. HR 1207 which is a bill to audit the Fed because they're secretive and they won't tell us exactly what they are doing.

2. HR 2755 which is a bill to abolish the Federal Reserve system.

If you do anything in your life politically—and I mean, if have never done anything politically—you better do something about these 2 bills. They need support.

Call your Congressman or woman.

Write your Congressman or woman.

Call a radio show.

Call your local newspaper.

Write an op-ed piece for your newspaper.

Talk to your neighbor.

Just do something.

This is not one my posts where I'm trying to be cute or act stupid. I sincerely mean this: if Americans do not restore the Constitution, pretty soon there won't be any Constitution left, and that's when America devolves into everyone's worst nightmare.

So, help Ron Paul restore the Constitution. Support his Bills. Find out about the Federal Reserve.

Realize America is not on the right path, and only me and thee can do something about it.

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