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Thoughts Ron Paul's Monetary Plans, Foreign Policy, and Why

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(This came from Care2 Friend Jim Steve from New Windsor New York.  It explained in terms I could understand what I think Ron Paul is all about.  I hear a lot of fear from people who think our civil rights gains would be rolled back by him.  I find that nonsense.  Reality looks to me, with a just about worthless dollar, that the people may not have many liberties left.)

People seem to be missing Paul's economic underpinnings. Even though I am a trained economist, I didn't understanding what Paul was saying until I looked deeply into it. Since 1964, the wealthy ((top .1%) in this country increased their wealth as a percentage of the total national wealth by a factor of 700%. I don't have a problem with people getting wealthy, but in this case it was done almost exclusively in the financial services industry (banks). You know, the sector that we just bailed out because their leverage brought their companies to ruin. I will explain this if any are interested. But it comes under the Austrian school of economics as "mal investment". That weakens an economy and redistributes wealth to the unproductive areas. 

Some people laugh at Paul when he talks about backing the dollar with gold or silver. I thought so too, but I was wrong and Paul was correct. The depreciation of our currency has caused inflation in prices, and we the people of this country have been robbed by the elites that control the government using the fake two party system. Productivity of the American worker has grown by 300% since 1964. But the standard of living of most Americans has languished. Why? In 1964, the minimum wage in the USA was $1.25. Paid in silver. That same pay in silver today would be about $70,000 in wags. As MINIMUM wage. Since the productivity of American workers have gone up by 300%, doesn't it make sense that they should have gotten the benefits of their output? Wouldn't it have been better to be still paying in real money instead of devalued currency? 

And who got the extra wealth? Most of it flowed into financial services, because it was easier to leverage wealth that way. That's where the rich went. If a person leverages wealth at say 10:1 as many wealthy do, and there is a 4% inflation rate, the actual wealth of that person grows by 900% every 17.6 years. Without any other return. Just by inflation. 


Banksters by Internet

In other words, the government set up the rich to become more wealthy just by monetary policy. With no effort. At the cost of the American worker who got pretty much nothing. 

Paul understands the uneven playing field between the rich and the rest or us. His answers redress the underlying advantage that the wealthy and powerful have. That is why he is a lightening rod. 

Paul also understands that the fear generated by both the "sides" in the political system is designed to perpetuate a system that benefits the few at the expense of the many. The left claims that Paul's policies will deprive the poor of a living, In fact, it's the government that has made the economic condition of the poor much worse by inflationary monetary policies. The right claims that Paul will make the nation less secure by ending the costly wars and US foreign policies. There is no evidence of a threat at the extreme level that is claimed by the right. Outside of the 9/11 attacks (which the government failed on) there is a average of 3 deaths/year from terrorism in the USA. About the same as before the government started it's extreme measures to prevent terrorist attacks in the USA. Same in Europe. Last year only 3 terrorist events were by Islamic extremists. Only 2 died. One by blowing himself up. Of the 42 terrorist events in the USA over the last 10 years, 24 were instigated by the FBI/Homeland security. 

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Note: that Detroit had over 300 homicides last year, over 40,000 have died in the Mexican Narco wars in 3 years and 50 people die of bee stings each year on average. . The war on terror is largely a hoax. 

The status quo is wrecking the USA. Europe is a foreshadow of what is going to happen here. Or worse. IMO, people need to accept real change. Not the fraud that both parties have been foisting on the American People for decades. Obama or the lamestream Republicans offer no solutions. They wish to continue the same system because it's been great for them. It's time for the American people to reject what is good for the elites and demand what is good for US. 

IMO the left and the right, or at least those that make those claims, are more often in alliance against the interests pf the people than not. Political sleight of hand is the modus operandi of those in power. What we are being told belies the facts. 

The war on drugs continue along with a justice system that no longer gives credence to it's label. Those that lack the political and economic resources to game the system get the lions share of punishment. The left has hardly even tried to change this for the simple reason that their leaders are of by and for the elites. No change in foreign policy is even attempted, all while increasing scare resources are devoted useless wars on pretext of a massive threat. What threat? If a few thousand deranged fanatics huddled by fires in caves located in impoverished third world nation. Against the superpower that spends half the entire worlds expenditures on "defense" 



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So, what more do we have? Free market capitalism is blamed for a failing economy all the while both the leaders of the left and right collude to give their corporate masters advantages in bailouts, tax breaks, sweetheart deals and regulations targeted at their competition. The left, rolls over making excuses as bills like the Patriot act and the latest assault of "indefinite detention". Bills championed as reform come pre packaged with monopolies for powerful corporations, and other special interests jockey for a position at the government feeding troth. 

The left and the right, or at least those that make those claims, are more often in alliance against the interests pf the people than not. Political sleight of hand is the modus operandi of those in power. What we are being told belies the facts. 

The war on drugs continue along with a justice system that no longer gives credence to it's label. Those that lack the political and economic resources to game the system get the lions share of punishment. The left has hardly even tried to change this for the simple reason that their leaders are of by and for the elites. No change in foreign policy is even attempted, all while increasing scare resources are devoted useless wars on pretext of a massive threat. What threat? If a few thousand deranged fanatics huddled by fires in caves located in impoverished third world nation. Against the superpower that spends half the entire worlds expenditures on "defense" 

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I have worked as Union Electrician in a good part of this land. And the Union Brothers taught me well about how things should work for the regular Folks. I wonder off and on how 26 power plants shut down by a branch, after seeds of (more...)
 

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