Ron Paul is an idiot... he obviously has no idea how our economy works or the important function our central bank serves... I watched his speech on his website and about 3/4 of it was great but he said some REALLLLLLLLLY ignorant things about the economy and international trade that puts him in the gutter with guilliani's gun controlling ***....
So far Mitt Romney hasn't distressed me...
Whoaaa.... Acidic.... slow down, take a breath. I went back and read several of your posts, and I have to disagree whole-heartedly. I don't know where you got your doctorate in economics, or what neo-con is convincing you of misunderstandings, but Ron Paul is a 72 year old medical doctor, military veteran in the Air Force, 10-term elected Congressman, economics scholar, and multiple published book author on foreign policy and economics.
While I, personally, may not be an expert, coming across a man who truly says what he means and means what he says with a proven track-record longer than I've been alive, earns my trust that he knows what he's talking about, along with my full and enthusiastic support. He's not a politician by trade, like all of the other candidates, with the exception of possibly Kucinich. But Kucinich is a pacifist and I don't believe he'd take care of business if some other country threatened us. Ron Paul would (with Congressional approval -- NOT just U.N. sanction). Plus, Kucinich seems to be 'ok' with the "take care of me, gov't (with my neighbors' kids' income taxes)" welfare-state (of mind).
The Federal Reserve is as "federal" as Federal Express. It is a private company with no oversight or control by our own government. It is an entity that exists outside of the boundaries of the United States and its laws. It is unconstitutional and was created unconstitutionally in 1913. Thus, the IRS that defends the Fed Reserve is also unconstitutional. Having Ben Bernanke make interest rate adjustments for bank loans, is not a way of stabilizing our economy, it is simply a way to keep the current value reduction of the dollar to not completely collapse in an afternoon. When Ron Paul says "they PRINT money", he doesn't mean the paper that comes out of the f'ing ATM. Paper "money" is less than 1% of our economy. He means they "create" it. Loan it. Write a check backed by nothing. It is a credit that the Fed Reserve simply makes up. The "money" doesn't exist, and every time they pump more fake funds into the economy, the value of the dollar depreciates. They call that "inflation", but that's a fake word too. Products are cheaper to make over time, so why do they cost more? Because the dollar is worth LESS. Since 1913, $1.00 has depreciated to roughly $0.04 (not a typo'). It will eventually be worth zero and we won't even be able to borrow from China and Japan at that point because what loan officer would want to take payment with worthless credits? All of our income taxes (less than a third of our current federal budget, by the way) wouldn't even be able to pay the daily interest payments on loans we currently hold (to the Fed Res). We're almost there now. What happens when my kid is old enough to pay taxes? Who will his "master" be? This isn't conspiracy theory crap. This is really what's up. People don't talk about it because we've all been trained to trust that our government has control of the situation.
Now, hypothetically... if America was up against a wall financially, in debt to the Federal Reserve (which is where Congress gets ALLLLLL of its money on loan), how could they NOT file bankruptcy like we forced Russia to do? Hmmm... My guess would be, they'd need to unite other countries with ours and share a common set of rules, military, and monetary system. North American Union anyone? Well, that one may be teetering on the brink of conspiracy theory, but we all know it's in the works.
Anyway, before spatting out the word "idiot" about Ron Paul's understanding of the Federal Reserve and its effects on economics, you may find this documentary interesting. It's about 1 hour, and not Hollywood-level professional-grade, but it does help to understand:
FIAT Empire. Another good one is "Money as Debt"
An overview of Ron Paul:
A Man for all Seasons (45 min.)
Cheers,
-HiAmp