What an amazing video, chilling, and emotional! Ron Paul and Peter Schiff have been predicting this collapse for years and it seems slowly, dimly, the mainstream media is starting to hear them. Slowly and dimly.
Wake up America!
California Senator Barbara Boxer recently sent out and email to her constituents. It reads thusly:
Dear Friend:
New data from the Labor Department confirms that our nation faces the worst economic crisis of our lifetime. The Labor Department announced that 533,000 Americans lost their jobs in November — the largest single-month drop since 1974. National unemployment stands at 6.7 percent. California’s rate is expected to rise above the 8.2 percent rate of October.
The GOP is supposed to be a “big tent.” And there was plenty of room in it for Lieberman, Mike “I Am Not a Primate” Huckabee and the beauty-contestant-turned-moose-hunter. But somehow there wasn’t room for the guy whose views most closely mirror those of Barry Goldwater, the founder of modern conservatism and the man who once held McCain’s seat.
Go figure but it seems Dr. Paul will be asked to co-host soon as much as he has been turning up on Murdock Net. A very good and precise interview of Ron Paul on financial crisis.
Rep. Ron Paul calls the government-proposed bailouts unconstitutional.
…there is more to any bill than its name or the headlines surrounding it. If one only paid attention to bill titles, one could happily vote for almost any bill put to a vote on the floor. Titles do not tell the complete story of a bill’s provisions, and many titles are downright deceptive and come close to emotional blackmail of legislators…
In his article The Greater Depression and What You Should
Do About It, Doug Casey talks about what a business cycle is and how the federal government distorts the market through regulation, taxes and inflation. This distortion causes mis-allocations of capital, which in turns causes busts. These busts are very important as they cleanse away the bad investments. But our Federal Government, fearing a depression, keeps dumping liquidity into the markets to stave off a downturn. But this is only putting off the inevitable.
From the article:
But, in a nutshell, government intervention in the economy – through taxes, regulation and, most importantly, currency inflation – causes distortions and misallocations of capital that must eventually be unwound. The distortions degrade the general standard of living, and the economy goes into a recession (call that an incomplete cleansing). Or it goes into a depression – wherein the entire sickly structure comes unglued.
This is a message that is sadly lacking in the mainstream news media:
Oddly enough, there’s one glaringly obvious thing that is not in the news today at all. That’s the fact that interest rates – nominal rates too, but especially “real,” after-inflation rates – are close to their lowest levels in history. And in today’s extraordinarily risky environment, they’re artificially low. This, and the reasons for it, should be headlines.
But sadly, not. Most Americans are going to be caught totally off guard. They will march off and vote for Obama’s mislabeled “change,” continue massive domestic spending, and perpetuate the debt-based mentality of the American consumer, taxpayer and voter. Ron Paul’s message of fiscal responsibility seemed to fall on deaf ears–only a few million Americans listened and reacted to the wake up call of Dr. Paul.
Sometimes I wonder why I post these articles and if anyone is even reading them. :/
Among gold and silver investors there is a common cry to get rid of the Fed and return to the gold standard. However, with the Establishment having controlled our schools and universities for decades, the masses are duped into believing that the money and banking are much too complicated to be understood by anyone…
While I love Goldberg’s book “Liberal Fascism,” I disagree with his assessment of U.S. military intervention in Iraq. But at least he has admitted it was a mistake. Well, sort of.
I agree that many “anti-war” people on the Left think that we should intervene militarily in another country so long as there is a humanitarian reason (for example, the civil war in Darfur). So that does not make them truly anti-war, does it? And Goldberg deftly points this out.
However, I think first and foremost we should have had a true declaration of war from Congress, as is stipulated in Article 1, Section 8 in the U.S. Constitution. So the Iraq War is therefore illegal. A true declaration of war would have allowed the American People to participate in the decision. Congress could have weighed the evidence and decided if Iraq was truly a threat to national security.
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