Forum Post: Is end the fed code word for vote Ron Paul
Posted 12 years ago on Oct. 13, 2011, 8:01 p.m. EST by mantaseed
(36)
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Lots of people who claim to belong to no political party, keep saying "End the Fed" at the end of thier statements, is this code word for vote for Ron Paul as we all know this is one of his talking points.
Yes.
For the most part, yes it is. Push any one that says End The Fed to explain what it means, they will eventually say it means move to a different monetary system, usually the gold standard, a Resource based economy or something in between. This is what Libertarians want, this is Ron Paul.
It's a misleading slogan designed to do exactly that, distract, turn your attention to something else, but achieve a specific goal. If we End the Fed our current monetary system would be in shambles and at the mercy of the world market and they know this. They know if we END the Fed we have to change to a gold standard or similar monetary system.
You do know that we HAD a gold standard back when health care was available and affordable for all right? You do know that the Federal Reserve is not federal and has no reserves right? It is the very private bankers we supposedly despise who are the Federal Reserve. Limit the government's power and you limit the banks power. Give the government more power and the banks will control it. I would hope more of us get "distracted" and actually turn attention to the real culprits. Read the real history of the FED and then tell me who is 'distracted'. damned shill !
The fed is a repository of enormous privilege-the ability to print money out thin air. The fed can print money as long as it is careful not to print so much inflation arises-I'd guess this means about $500 Billion/year.
That is the rough equivalent of about $20 Trillion in private assets. All the financial assets in the US are about $60 Trillion. Equity in personal property(homes farms, tools, equipment and what not are about another $25 Trillion).
There are two basic approaches to dealing with the fed: a) formal nationalization-basically taking control from banks and putting under political control(the UK has something like that arrangement).
b) abolition-and return to a gold/silver standard.
I question whether b) can be done without the emergence of a de facto private monopoly. The fed arose because the new york banks had found themselves in a de facto private monopoly centered around an aging JP Morgan and they wanted to create something more stable. Did they do so in a way that was self-serving? Probably. I think we'd find ourselves back in a similar situation if we just got rid of the fed and attempted to deregulate rapidly.
One resource around nationalization of the fed is www.monetary.org
The thing about it: Ron Paul is a Libertarian. One of the most prominent Libertarians in recent history was Ayn Rand. Alan Greenspan was her former press secretary. Greenspan worked very hard to deregulate-and that is part of what got us into the current mess. It may be that Greenspan didn't do it quite right. I'm not sure how paul responds to that. It really does bring up the question though: just how does paul propose to de regulate so that we don't create another mess in the process?
I honestly think Paul is a decent person. I know Dennis Kucinich is. I worked on his campaign and actually got to know him a bit. That man really did go through hell to do what he thought was right. Kucinich speaks highly of paul-which buys a lot from me. The thing is: I honestly think Paul is economically naive and so married to Austrian economics he can't consider that there are fundamental problems with that approach. I'd like to think that paul would reconsider this approach if he tried them and it didn't work as he expected-but that is a hard one to rely on for something this big.
Did you someone say Ron Lawl?
no, it has nothing to do with Ron Lawl.
I have been active here since the very beginning, and since the very beginning I have been trying to make some core points. These points clearly have not been digested or fully understood by the mob, and so I'm going to try to make a further attempt here again.
For these reasons, I beg of you to please immediately join me on the wiki. We need to have all of these details and all of these ideas put together in an organized fashion, rather than posted in a long scrawl which will never be read.
http://occupythiswiki.org/wiki/THE_99%25_POLITICAL_PARTY
http://occupythiswiki.org/wiki/Main_Page
http://www.followthemoney.org/?gclid=CMbY87bB-qsCFUPt7Qod9HE8mQ
http://maplight.org/us-congress/guide/data/money?9gtype=search&9gkw=list%20of%20campaign%20donations&9gad=6213192521.1&9gag=1786513361&gclid=CP61oYbB-qsCFQFZ7AodcTF0jw
http://www.opensecrets.org/
http://occupywallst.org/forum/our-new-wiki/
http://occupywallst.org/forum/non-violence-evolution-by-paradigm-shift/
do you mean Ron Lawl?
I do not support Ron Lawl but I do support ending the Federal Reserve. Ron Lawl endorses competeing currencies, which are not in the Constitution.
Ron Paul is one of a vanishing breed of members of Congress. He can think and act independently, not least because of his courage, but because he is much loved by his constituents in his home district,-- they never begrudge him or fault him for not bringing home a highway or bridge project. No, "End the Fed" is not code speak for "vote Ron Paul" it just means that America wants to revisit its (3rd?) attempt at Central Banking. The first, if I am correct being founded by Hamilton over the objection of the Jeffersonians, the 2nd Central Bank having been abolished by Andrew Jackson.
Who cares? The FED is the prime enabler of just about everything OWS opposes. It must go.
Btw, Ron Paul left the Republican party in the 80's for all of the reasons I'm assuming you hate it. He's just running as a GOP candidate because our current political system does not allow an independent to compete. Faux News and the establishment GOP are doing everything crooked they can to silence the truth's he is speaking.
It has been one of Ron Paul's main talking points for 30 years, but don't mistake this for being a republican talking point. Today's disgrace of what is the Republican party has scoffed and laughed at Ron Paul's Federal Reserve talk for all these years, until very recently when he was finally able to get an audit that just scratched the surface. Please look into this issue. What he found is mind-boggling and is the root cause for much of the crony-capitalism and funneling of wealth to the top 1% in this nation
No, end the wars is code for Ron Paul.
hth