I’m glad the economy is a top issue because it provides an opportunity for people to learn more about it. I suggest the resources on economics provided by the Campaign for Liberty.
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When I first started thinking about this Presidential election, I supported both Ron Paul and John McCain. I saw them both as good options, as I agreed with most of their positions. And the issues they disagreed on were not ones that I cared about. But as I learned more, I slowly began to oppose the War in Iraq. Initially, I supported it for two main reasons:
Tags: Chuck Baldwin, federal reserve, Ralph Nader, ron paul, War in Iraq
I’m hearing a lot about the Great Depression in the news recently. The stock market fell 400 points, people are losing jobs. But what nobody’s mentioning is the fact that the Federal Reserve caused the Great Depression. Obviously, there are some who disagree, but you’ll have to look at the facts and decide for yourself. I did.
Tags: economy, federal reserve, great depression
I mentioned this book previously. Bought any gas lately? How about food? Do you think prices are going up by only a few percent per year?
Consider this, from page 144:
…the “inflation rate” itself, which is tracked using the Consumer Price Index (CPI), tends to be measured in a misleading way. Ask the average American if he thinks prices are going up by only a few percent per year, as the official figures would have it. So-called core inflation figures do not include food or energy, whose prices have been rising rapidly. (emphasis mine)
Do you own any gold? I’m considering looking into it. With the Fed cutting rates even more today, I don’t think the dollar will be worth much in the future.
Think about this, and please, refute it if you can:
When the Fed artificially lowers rates, it misrepresents economic conditions and misleads people into making unsound investments. Investments that would not have been profitable beforehand suddenly seem attractive in light of the lower interest rates…In the short run, a false prosperity takes root. Business expands. New construction is everywhere. People feel wealthier. This is why there is always such political pressure on the Fed to lower rates around election time: the prosperity comes in the short run, and the painful correction comes much later, well after people have cast their votes. (145, emphasis mine)
This is the sort of thing that makes me want to be an economics major. Then I’d be able to say whether this is true with some authority and judgment. For now, I have to rely on what I learned in high school, college introductory microeconomics, and intuition. And all of what I know indicates that Ron Paul is right. It’s scary… but if it’s true, the only way out is to stop the Fed from manipulating the money supply. Read the rest of this entry »
Tags: dollar, fed, federal reserve, gold, gold standard, manifesto, monetary policy, money supply, Politics, ron paul, the revolution
Read about the legislation sponsored by Ron Paul (Wikipedia).
And: What does freedom really mean?
Finally: Who would the world elect?
Giuliani got 95,876 votes already, likely from absentee ballots. I can practically guarantee that this is because the mainstream media picked him as the winner at the beginning. Only when everyone started to realize how much he actually sucked, did his support numbers finally start to dwindle. Of course, the people voting for him are far more passionate than he is. He dropped out of the race long ago.
Polls are rigged and idiotic, yet they seem to be accurate because they’re self-fulfilling. Many people I’ve talked with only select from the top 2 candidates. If they prefer #2 over #1, they select #2 even if they really believed in the positions and leadership ability of #4. I don’t necessarily blame them, the problem being that other people do this, too. Thus candidates that the MSM (mainstream media) did not select have no chance, despite the fact that a candidate which did not get media coverage may be a far better leader for our country. Read the rest of this entry »
Tags: economy, federal reserve, free market, housing bubble, mainstream media, risky investments, ron paul, sound money, stock market crash
