Title: The Rand Paul Fiasco with Webster Tarpley Source:
PrisonPlanetTV URL Source:http://www.youtube.com/watch?v=H4MahRKtM5s&feature=player_embedded Published:Jun 12, 2012 Author:PrisonPlanetTV Post Date:2012-06-12 17:43:49 by randge Keywords:Webster, Tarpley, Paul debacle Views:410 Comments:29
The Paulists have failed us. That party is over. They are shoveling up the confetti as we speak. Now is the time to open up our eyes to new dimensions and perspectives and follow fresh ideas wherever they may lead.
Seize the FED first - I agree with Tarpley 100 % on that issue.
I'd add that a gold standard will not profit the general public to any degree. The currency is better respected when it's backed by something but production is also conducive to a strong currency. I would suggest a tri-metal backed currency wherein the general public could collectively balance their wealth against the big guys to some extent.
One thing that goes unrecognized is that the medium of exchange controls or dictates the relevant law. Commercial paper means commercial and not common law. Private money means private law and the last thing we need is a privately owned central bank that loans us our own credit at interest. The fact that this ever occurred is ludicrous. No, it's criminal. It was a silent coup.
The currency is better respected when it's backed by something but production is also conducive to a strong currency.
Exactly my argument. Gold is merely a commodity that has value because people agree it has value. Money is an idea backed by confidence. Confidence that it can be freely exchanged and readily accepted for goods and services. However, the underlying value of a currency is the real production of goods and services balanced against the amount of currency in circulation. The only real wealth a nation has is the willingness of its people to work. When you strip it of that, by whatever means, you render its currency valueless.
The only real wealth a nation has is the willingness of its people to work. When you strip it of that, by whatever means, you render its currency valueless.
We mustn't forget commodities are wealth that comes out of the ground without reliance upon the working stiff.
Otherwise, production of goods in demand by the people of the world is what gives value to the currency required to purchase that which was produced. When America produced quality products of every type the dollar was the most desired currency, so much so, that the current counterfeit put out by the FEDERAL RESERVE is still the world reserve currency when it should have failed a very long time ago.