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Saturday, December 4, 2010

Ron Paul Does Not Go Where Cowards Tread

This article makes my blood boil. See it here:

Ron Paul is a Republican and truth be told, a Libertarian. I defend him rigorously- not for partisan political reasons. I defend Ron Paul because he is courageous, he has integrity, and I believe he is a great American patriot. Ron Paul is what America used to be.

Ron Paul like many of us, knows the Federal Reserve System is the greatest fraud ever foisted on the American public. Many of the people I debate with have no idea of the history of the central bank. They don't know that the U.S. survived for 140 years without central bankers. People don't know that President Jackson eliminated that scam. People don't know that Lincoln refused their offers and issued the greenback which was a very popular fiat currency. People don't know that Woodrow Wilson said that signing the Federal Reserve into law was the greatest mistake that he had ever made. Kennedy didn't like the FED either.

On June 4, 1963, a little known attempt was made to strip the Federal Reserve Bank of its power to loan money to the government at interest. On that day President John F. Kennedy signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve. Mr. Kennedy's order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury." This meant that for every ounce of silver in the U.S. Treasury's vault, the government could introduce new money into circulation. In all, Kennedy brought nearly $4.3 billion in U.S. notes into circulation. The ramifications of this bill are enormous.
With the stroke of a pen, Mr. Kennedy was on his way to putting the Federal Reserve Bank of New York out of business. If enough of these silver certificates were to come into circulation they would have eliminated the demand for Federal Reserve notes. This is because the silver certificates are backed by silver and the Federal Reserve notes are not backed by anything. Executive Order 11110 could have prevented the national debt from reaching its current level, because it would have given the government the ability to repay its debt without going to the Federal Reserve and being charged interest in order to create the new money. Executive Order 11110 gave the U.S. the ability to create its own money backed by silver.

Perhaps the worst part of all of this, is that people don't care. Thank God, Ron Paul does not number among them. 

This is what I know about Ron Paul. He is a doctor and physician. He does not have a felony record, he has not been involved in scandals. The banking elite do not own him like the rest of our sold out Congress. He is not a lawyer. He gets my vote anytime just for that. More Ron Paul "lunacy."

He is the founder of the advocacy group Campaign for Liberty and his ideas have been expressed in numerous published articles and books, including End The Fed (2009), and The Revolution: A Manifesto (2008).

He received a B.S. degree in biology at Gettysburg College in 1957. He was a member of Lambda Chi Alpha fraternity.[5] After earning an M.D. degree from the Duke University School of Medicine, he was a U.S. Air Force flight surgeon during the 1960s.

In 1984, Paul chose to run for the U.S. Senate instead of re-election to the House, but lost the Republican primary to Phil Gramm.[22] He returned to full-time medical practice[20] and was succeeded by former state representative Tom DeLay.[23] In his House farewell address, Paul said, "Special interests have replaced the concern that the Founders had for general welfare. Vote trading is seen as good politics. The errand-boy mentality is ordinary, the defender of liberty is seen as bizarre. It's difficult for one who loves true liberty and utterly detests the power of the state to come to Washington for a period of time and not leave a true cynic."[17]

Paul has been described as conservative, Constitutionalist, and libertarian.[7] His nickname "Dr. No"[9] reflects both his medical degree and his insistence that he will "never vote for legislation unless the proposed measure is expressly authorized by the Constitution."[20] One scoring method published in the American Journal of Political Science[158] found Paul the most conservative of all 3,320 members of Congress from 1937 to 2002.[159] Paul's foreign policy of nonintervention[160] made him the only 2008 Republican presidential candidate to have voted against the Iraq War Resolution in 2002. He advocates withdrawal from the United Nations, and from the North Atlantic Treaty Organization, for reasons of maintaining strong national sovereignty.[161] He supports free trade, rejecting membership in the North American Free Trade Agreement (NAFTA) and the World Trade Organization as "managed trade". He supports tighter border security and opposes welfare for illegal aliens, birthright citizenship and amnesty;[162] he voted for the Secure Fence Act of 2006. He voted for the Authorization for Use of Military Force Against Terrorists in response to the September 11, 2001, attacks, but suggested war alternatives such as authorizing the president to grant Letters of Marque and Reprisal targeting specific terrorists.

A courageous and stand up guy without a criminal record who believes in crazy stuff like this. Paul sponsored the Audit the Fed bill that died- thanks to the co-opted cowards in Congress that supported the bill publicly then jumped ship when the banking elite threatened their re-election war chests.

I will always remember men like Ron Paul. Cowardly authors and legislators, not so much.


Unknown said...

Hello, love the blog ;-)

Can you explain this:

"They don't know that the U.S. survived for 140 years without central bankers"

Did you know that the Federal Reserve was the FOURTH central bank that America had the misfortune of having?

1st: The Bank of North America (1781-1785)
2nd: The First Bank of the United States (1791-1811)
3rd: The SecondBank of the United States (1816-1836)
4th - The Federal Reserve System (1913 - present)

Thanks again for the great blog!

Brian said...


I've found that most people are clueless about the FED. Truly. They think it's some arm of the government that helps them. I don't blame people in particular but I do find it fascinating that even college level economics- those entry levels- hardly touch on the FED. Constitutional historians and finance types- get it.

As I was writing this, I was just generally thinking of those periods in which there were no central banks and I ball parked it- since my focus was on Ron Paul and not the FED. I didn't want to get sidetracked with the a history of the FED which includes several types of currency circulating at once- which was easily counterfeited in days gone by. As I view your comment, which I know is far more precise, I see that I overstated those years. Thank you.

Unknown said...

Thanks for the reply Brian!

I'm not even American and I think I know more than 99% of the population regarding the Fed and various other US related topics.

Guess you have public schooling and a variety of other items to blame for this!

Keep up the great blog, its refreshing to read the blunt truth...

Anonymous said...

Ron Paul seems to be unique these days. I don't remember as much as I should about Barry Goldwater, but I think he was a pretty straight shooter too. Where have all the honorable men and women gone?

Joshua Gamen is Highgross14 said...

ron paul for prez!!!!

check out how and why the fed works here:

for more, follow or "like"!/pages/Joshua-Gamen/115571041833009

Toaster 802 said...

Quoted and linked at;

Thanks for a great post!