Ron Paul's Letters to the Fanatics
A Very Scary Christmas And An Incredibly Frightening New Year
Can
you hear that? It almost sounds like a little bit of peace and quiet.
This year, the holiday season has been fairly uneventful, and for that
we should be very grateful. But it isn't going to last long. 2012 is
going to be a much more difficult year for the U.S. economy and the
global financial system than 2011 has been. So if things are going well
for you right now, enjoy this little bubble of peace and tranquility
while you can. Because while things may look calm on the surface right
now, the truth is that this is a very scary Christmas for financial
professionals and world leaders. Most of them know how fragile the
global financial system is at the moment. Most of them know that we are
living in the greatest bubble of debt, leverage and financial risk that
the world has ever seen. As I wrote about the other day, world leaders
would not be throwing huge bailouts around
like crazy if everything was going to be just fine. The truth is that
we are rapidly approaching another financial crisis that may end up
being even worse than the horrific crash of 2008.
Getting Worse: 40 Undeniable Pieces Of Evidence That Show That America Is In Decline
Is
America in decline? That is a very provocative question. I have found
that most people that hate the United States are very eager to agree
that America is in decline, while a lot of those that love the United
States are very hesitant to admit that America is in decline. Well, I
am proud to be an American, but I cannot lie and tell you that America
is doing just fine. The pieces of evidence compiled below are
undeniable. Our economy is deathly ill and is rapidly getting worse.
We were handed the keys to the greatest economic machine in the history
of the world and we have wrecked it. But until we are willing to look
in the mirror and admit how bad things have gotten, we won't be ready
for the solutions that are necessary. The truth is that there are
things that we can do to reverse the decline. It does not have to be
permanent. We have gotten away from the things that made America great,
and we need to admit that we are on the wrong path and start fixing
this country. But if we choose to continue down the road that we are
currently on, it will lead us into the darkest chapters in American
history.
50 Economic Numbers From 2011 That Are Almost Too Crazy To Believe
Even
though most Americans have become very frustrated with this economy,
the reality is that the vast majority of them still have no idea just
how bad our economic decline has been or how much trouble we are going
to be in if we don't make dramatic changes immediately. If we do not
educate the American people about how deathly ill the U.S. economy has
become, then they will just keep falling for the same old lies that our
politicians keep telling them. Just "tweaking" things here and there is
not going to fix this economy. We truly do need a fundamental change
in direction. America is consuming far more wealth than it is producing
and our debt is absolutely exploding. If we stay on this current path,
an economic collapse is inevitable. Hopefully the crazy economic
numbers from 2011 that I have included in this article will be shocking
enough to wake some people up.
The Collapse Of The Euro, The Death Of The Euro And The End Of The Euro
The
euro was a doomed project from the start, and now we are starting to
see the endgame play out. Today, the euro fell to an 11-month low
against the U.S. dollar. As I write this, the EUR/USD is at 1.2983.
Back in July, the EUR/USD was over 1.45. As panic has swept the
financial markets, the euro has lost more than 3 percent
over the past three days. But this is just the beginning. When the
euro drops below 1.20, analysts will talk about the collapse of the
euro. When the euro falls toward parity with the dollar, headlines
around the world will scream about the death of the euro. But when the
European financial system finally collapses, we may very well actually
see the end of the euro. Yes, it actually could happen. The eurozone,
as it is currently constructed, simply does not work. You just can't
take 17 different nations that have 17 different fiscal policies, 17
different tax policies and 17 different economic agendas and cram them
all into a single currency and expect the thing to work. The euro is a
doomed currency, and if a big nation like Germany decides to walk away
at some point the game is going to be over.
Debt-Free United States Notes Were Once Issued Under JFK And The U.S. Government Still Has The Power To Issue Debt-Free Money
Most
Americans have no idea that the U.S. government once issued debt-free
money directly into circulation. America once thrived under a debt-free
monetary system, and we can do it again. The truth is that the United
States is a sovereign nation and it does not need to borrow money from
anyone. Back in the days of JFK, Federal Reserve Notes were not the
only currency in circulation. Under JFK (at at various other times), a
limited number of debt-free United States Notes were issued by the U.S.
Treasury and spent by the U.S. government without any new debt being
created. In fact, each bill said "United States Note" right at the
top. Unfortunately, United States Notes are not being issued today. If
you stop right now and pull a dollar out of your wallet, what does it
say right at the top? It says "Federal Reserve Note". Normally, the
way our current system works is that whenever more Federal Reserve Notes
are created more debt is also created. This debt-based monetary system
is systematically destroying the wealth of this nation. But it does
not have to be this way. The truth is that the U.S. government still
has the power under the U.S. Constitution to issue debt-free money, and
we need to educate the American people about this.
Getting Worse: 40 Undeniable Pieces Of Evidence That Show That America Is In Decline
Is
America in decline? That is a very provocative question. I have found
that most people that hate the United States are very eager to agree
that America is in decline, while a lot of those that love the United
States are very hesitant to admit that America is in decline. Well, I
am proud to be an American, but I cannot lie and tell you that America
is doing just fine. The pieces of evidence compiled below are
undeniable. Our economy is deathly ill and is rapidly getting worse.
We were handed the keys to the greatest economic machine in the history
of the world and we have wrecked it. But until we are willing to look
in the mirror and admit how bad things have gotten, we won't be ready
for the solutions that are necessary. The truth is that there are
things that we can do to reverse the decline. It does not have to be
permanent. We have gotten away from the things that made America great,
and we need to admit that we are on the wrong path and start fixing
this country. But if we choose to continue down the road that we are
currently on, it will lead us into the darkest chapters in American
history.
If A Global Recession Is Not Looming, Then Why Are Bailouts Flying Around As If The End Of The World Is Coming?
I
have learned that watching what people do is much more important than
listening to what they say. Back in 2008, financial authorities in the
United States insisted that everything was gone to be okay. But we all
know now that was a lie. Well, right now financial authorities in the
U.S. and Europe are once again trying to assure us that everything is
under control and that we are not headed for a global recession.
Unfortunately, their actions are telling a very different story. All
over the world, bailouts are flying around as if the end of the world is
coming. Governments and central banks are stepping in with gigantic
mountains of money to prop up bond yields, major banks and even stock
markets. What we have seen over the past few months has been absolutely
unprecedented. So why are such desperate measures being taken if
everything is going to be just fine? Unfortunately, debt problems are
never solved with more debt, so these bailouts really aren't solving
anything. We are still headed for a massive amount of financial pain.
It would just be nice if the authorities would quit lying to us and
would actually admit how bad things really are.
Britain's Future Lies With America, Not Europe
Welcoming Britain back
into the North Atlantic economic community would be a win-win for all involved.
In 1952, then-U.S. Secretary of State Dean Acheson said
that "Britain has lost an empire but has failed to find a role."
Sadly for Britain, it decided to renounce its longstanding global cultural,
legal and philosophical links to North America and instead looked for that role
in Europe. Despite its geographic proximity to Britain, the Continent is
nevertheless home to a host of cultures, legal systems and governing
philosophies very different from those of traditionally liberal Britain. The
consequences from that bad choice have bedeviled Britain for decades.
Wednesday, December 28, 2011
Tuesday, December 27, 2011
Monday, December 26, 2011
Why I Don't Think the Ron Paul Newsletters Are Very Important
Many voices whose accomplishments I otherwise respect think that
the fact Ron Paul had associates who, for a brief period over a
decade in the past, wrote some mean-spirited, nasty, and dumb stuff
rooted in race and sexual orientation under his name is the most
important thing to discuss about Ron Paul, and that the public
condemnation and humiliation of those supposedly responsible is the
most important public policy issue surrounding Paul's campaign
now.
Washington targets Syria and Iran for regime change
|
||
|
||
|
||
• • | ||
Written by Stephen Lendman Spoiling for a Fight with Syria and Iran - by Stephen Lendman Syria remains the region's only independent secular state. Washington aims to replace its regime with a client one. Libya's model was replicated. Months of externally generated violence followed. So far it's short of war. For how long is uncertain. Obama can't wait to wage another one to keep ravaging the world one country at a time. |
No comments:
Post a Comment