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Title: Republicans eye return to gold standard (another phony Reagan "Gold Commission"?)
Source:
Financial Times
URL Source: http://www.ft.com/cms/s/0/06ebfdaa- ... 0144feab49a.html#axzz24P98ATns
Published: Aug 23, 2012
Author: Robin Harding and Anna Fifield
Post Date: 2012-08-23 19:31:25 by hondo68
Keywords: None
Views: 111
Comments: 4
The gold standard has returned to mainstream US politics for the first time in 30 years, with a “gold commission” set to become part of official Republican party policy. Drafts of the party platform, which it will adopt at a convention in Tampa Bay, Florida, next week, call for an audit of Federal Reserve monetary policy and a commission to look at restoring the link between the dollar and gold. The move shows how five years of easy monetary policy – and the efforts of congressman Ron Paul – have made the once-fringe idea of returning to gold-as-money a legitimate part of Republican debate. Marsha Blackburn, a Republican congresswoman from Tennessee and co-chair of the platform committee, said the issues were not adopted merely to placate Mr Paul and the delegates that he picked up during his campaign for the party’s nomination. “These were adopted because they are things that Republicans agree on,” Ms Blackburn told the Financial Times. “The House recently passed a bill on this, and this is something that we think needs to be done.” The proposal is reminiscent of the Gold Commission created by former president Ronald Reagan in 1981, 10 years after Richard Nixon broke the link between gold and the dollar during the 1971 oil crisis. That commission ultimately supported the status quo. “There is a growing recognition within the Republican party and in America more generally that we’re not going to be able to print our way to prosperity,” said Sean Fieler, chairman of the American Principles Project, a conservative group that has pushed for a return to the gold standard. A commission would have no power except to make recommendations, but Mr Fieler said it would provide a chance to educate politicians and the public about the merits of a return to gold. “We’re not going to go from a standing start to the gold standard,” he said. The Republican platform in 1980 referred to “restoration of a dependable monetary standard”, while the 1984 platform said that “the gold standard may be a useful mechanism”. More recent platforms did not mention it. Any commission on a return to the gold standard would have to address a host of theoretical, empirical and practical issues. Inflation has remained under control in recent years, despite claims that expansion of the Fed’s balance sheet would lead to runaway price rises, while gold has been highly volatile. The price of the metal is up by more than 500 per cent in dollar terms over the past decade. A return to a fixed money supply would also remove the central bank’s ability to offset demand shocks by varying interest rates. That could mean a more volatile economy and higher average unemployment over time. Poster Comment: "reminiscent of the Gold Commission created by former president Ronald Reagan in 1981, 10 years after Richard Nixon broke the link between gold and the dollar during the 1971 oil crisis. That commission ultimately supported the status quo." QE 666 coming right up!
Mitt's a fake "paultard". He'd be kissing Ben Bernanke's a$$, just like Obama.
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#1. To: hondo68 (#0)
It's just a coincidence that they're mulling this BS right before the big election.
really. what horsesh!t.
I heard at least 10 years ago that this was the Repubs' Secret Plan. Rothschild has all the gold. Rothschild Golden Rule: He who has the gold makes the rules. April 25, 2012 Paul, Freemasonry & the Gold Standard Alex Jones and Ron Paul promote the Illuminati's gold standard. Letter from Glenn: Ron Paul's family are members of Freemasonry and the Order of the Eastern Star, according to someone who should know--Penny Freeman, his Congressional campaign political director and district volunteer coordinator for 10 years: (Penny Freeman's husband, Dr. Gerald Freeman, belongs to the Freeman Illuminati bloodline.) Some interesting information vis a vis Ron Paul: Ron Paul's family are members of Freemasonry and the Order of the Eastern Star, according to someone who should know--Penny Freeman, his Congressional campaign political director and district volunteer coordinator for 10 years : (Penny Freeman's husband, Dr. Gerald Freeman, belongs to the Freeman bloodline which Fritz Springmeier has shown to be an Illuminati bloodline in his book, The Top 13 Illuminati Bloodlines.) 1. Ron Paul's father was a Freemason and Dr. Paul has said himself many times that he respects the organization and has been to many of the open meetings in his district. I should know, I was his scheduler for ten years. 2. His wife, Carol is a member of the Velasco Order of the Eastern Star and maintains her membership in the Freeport area lodge. 3. Their daughters, Lori and Joy, were both Rainbow girls, another organization associated with Freemasonry. watch.pair.com/synarchy-6.html Alex Jones revealed "The New Pearl Harbor" document from the Project for the New American Century (PNAC) called "Rebuilding America's Defenses" as part of the New World Order's agenda. Alex Jones fails to mention the other PNAC document, written by PNAC board member Lewis Lehrman, called "Money and the Coming World Order: The Creation of International Monetary Order". The document is hosted on web site called, "Gold Standard Now," which is a project for the Lehrman Institute. The title is quite revealing that PNAC wants a New World Order based on the gold standard. According to Lewis Lehrman, we'll be on the New World Order's gold standard in five years. Lewis Lehrman also partnered with Ron Paul to write The Case for Gold. Alex Jones is a dedicated promoter of Ron Paul and a return to the gold standard. Alex Jones and Ron Paul also both have significant investments in gold, with the producer of the Alex Jones show being a gold trader. It seems that Alex Jones knows a lot about the endgame of the New World Order and the blueprint for global enslavement. What Alex Jones does not tell you is that the gold standard is part of the endgame and blueprint for global enslavement, and that Ron Paul and Alex Jones are heavily invested into it. Since they actively promote a gold standard, they are not merely invested in gold just because they fear a new world gold standard. They are complicit in that agenda. Ron Paul also gave public support for globalization and a one world currency, gold, in the public record. "There's nothing to fear from globalism, free trade and a single worldwide currency.... " libertyrevival.wordpress....r-for-a-new-pearl-harbor/ (Ed Griffin appears to be part of this Ron Paul cabal along with Peter Schiff- unfortunately I can't find Schiff's direct connection with the Illuminati given his surname): Fred Koch founded the John Birch Society in 1958. Ed Griffin was educated there. He later wrote a famous book, "the Creature of Jekyll Island". This was a rehash of Eustace Mullins' brilliant 'Secrets of the Federal Reserve', with one exception: it left out all Mullins' analysis of the Gold Standard as a Banker operation and how Britain's demand for taxes payed in Gold were the cause of the war of Independence. Instead it called for the reinstatement of a Gold Standard. This is a key part of the story how Austrian Economics managed to take over the 'Truth Movement'. HOW THE MONEY POWER CREATED LIBERTARIANISM & AUSTRIAN ECONOMICS realcurrencies.wordpress....m-and-austrian-economics/ ------- Comment from JB- I've been asking Ron Paul fans for some time - and it always falls on deaf ears... "How does a gold standard benefit the people when the elite have hoarded most of the gold?". In effect, a gold standard would leave the elite as the only ones holding any significant amount of "real money". Its just handing them the world on a platter. Which would perhaps explain why Ron Paul is allowed to live. If RP was an enemy of the elite, the media would not be promoting him so heavily. I know that its a popular idea that they suppress Ron Paul. But that is based on viewing things from a child-like simple perspective. What they do, in fact, is use the "stiffs" on the news to diss him while using the "cool" guys to promote him. Guys like Jon Stewart, Jay Leno, Bill Maher, etc have well promoted Ron Paul. Of course the media know what the public perception of their players are. They realize that the kind of people who are likely to identify with Ron Paul are repulsed by the stiffs on the networks - Whereas the audience for the stiffs is the common sheep. They also know that when the stiffs diss Ron Paul that the RP supporters will react strongly and it affirms in their minds that RP must be on their side since the big bad establishment is trying so hard to stop him. Its an underdog effect. Its so laughable and yet so tragic. The irony is almost too much for me when I see people talking about having "woken up" and speaking with disdain about the common sheeple and then to realize that not only are the "woken up" people being used as tools and still dreaming - but that more than anyone else, they are being used as the point men in helping bring about this agenda. But for the vast majority of his supporters, there is no convincing them. Ron Paul has become a religion for many.Its a fallacy that facts carry any weight when dealing with human beings. Feelings are king and always have been. The elite are indeed experts at human psychology and have outsmarted the truthers. ------------------------------------------------------------ "...as long as there..remain active enemies of the Christian church, we may hope to become Master of the World...the future Jewish King will never reign in the world before Christianity is overthrown - B'nai B'rith speech http://www.biblebelievers.org.au/luther.htm / http://bible.cc/psalms/83-4.htm
Forgive us our debts as we forgive our debtors? discharge-debt.com/eliminate_debts_with_bonds.htm Does this work? I have no idea, what with the ADL declaring it to be "paper terrorism", but there is no reason why it should not, imo. They create "money" on a computer, based on the "full faith and CREDIT" of the taxpayer. Put the "money" in our account, not theirs, since we are the true creditors: Silent Weapons for Quiet Wars - The Lawful Path Mr. Rothschild had discovered that currency gave him the power to rearrange the economic structure to his own advantage, to shift economic inductance to those economic positions which would encourage the greatest economic instability and oscillation. The final key to economic control had to wait until there was sufficient data and high-speed computing equipment to keep close watch on the economic oscillations created by price shocking and excess paper energy credits - paper inductance/inflation. ..... www.lawfulpath.com/ref/sw4qw/ "...as long as there..remain active enemies of the Christian church, we may hope to become Master of the World...the future Jewish King will never reign in the world before Christianity is overthrown - B'nai B'rith speech http://www.biblebelievers.org.au/luther.htm / http://bible.cc/psalms/83-4.htm
#2. To: Obnoxicated (#1)
#3. To: hondo68 (#0)
#4. To: AllTheKings'HorsesWontDoIt (#3)
..... War is therefore the balancing of the system by killing the true creditors (the public which we have taught to exchange true value for inflated currency) and falling back on whatever is left of the resources of nature and regeneration of those resources.
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