All Posts Tagged With: "ron paul"

The Fed’s Money Monopoly

The following is by Congressman Ron Paul. Ron Paul appears frequently in J Taylor’s Gold, Energy & Tech Stock Newsletter.

Earlier this month, in the name of protecting the little guy from Wall Street, the House passed HR 4173 to increase the little guy’s false sense of security in the financial system.  This mammoth piece of legislation would massively increase government regulation and oversight in the banking industry under the misguided reasoning that more government could have stopped faulty lending practices, when in actuality it caused them. This bill would also greatly increase the powers of the

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30Dec2009 | Gold Investor | 0 comments | Continued

Federal Reserve Fight: Whose Side Are You On?

A debate over the future of the U.S. Federal Reserve is taking place in the halls of Congress. 

On one side is U.S. President Barack Obama and his plan to expand the authority of the Federal Reserve. In addition to its current powers, Obama plans to give the Fed regulatory authority over large financial institutions that are considered "too big to fail.”

On the other side is U.S. Rep. Ron Paul, R-TX, who has gathered 250 signatures for a proposal to audit the Federal Reserve. This audit, by Paul’s own admission is only a down payment…

22Jul2009 | Money Morning | 0 comments | Continued

Ron Paul Was Right…

Has the empire jumped the shark

Remember back in the Republican primaries when Ron Paul told the Amerikan people that spending $1 trillion a year maintaining an empire around would bankrupt us. He said this was the strategy that the mujaheddin had used against the Soviets when they invaded Afghanistan back in the early 1980’s. Remember how McCain, Guiliani, and Romney openly laughed at Dr. Paul. Well here is a report that says combat operations overseas will cost about $860 billion over the the next ten years which means it will probably be twice

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6Feb2009 | The Real Deal | Comments Off | Continued

Government Gold Control

Operation Meltdown, Part II:
Hoarding for War, Vaulting for Victory

It seems an odd quirk of history that Washington’s post-War obsession with its nationalized gold reserves — an obsession which Ian Fleming neatly tapped into with Goldfinger in 1959 — came so long after what historians call the “classical” Gold Standard ended.

Indeed, central bank gold reserves worldwide rose almost five-fold over the 50 years following the start of WWI in 1914 — the date traditionally given as the death of the international Gold Standard.

That system, running roughly between Bismarck’s defeat of France in 1871 and the bloody…

9Sep2008 | Whiskey and Gunpowder | Comments Off | Continued

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