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AlexTronic777 (November 30, 1999 at 12:00 am)
Such clear vision from Patrick Carman. No other agenda then to inform the masses.It´s dawning on me that the 1800s where the real dark-ages. Almost everything that surrounds us is a continuation of that era. Dark indeed.
Temque (November 30, 1999 at 12:00 am)
Govt gets money by selling notes to the Federal Reserve, but we have to pay it back with interest. Instead we create our own money and the banks can't own our entire country anymore. The banks also create money out of thin air through Fractional Reserve system. I deposit a dollar, they loan out ten dollars(with interest!)
imatelly (November 30, 1999 at 12:00 am)
makes me wander if this is why china is buying so much gold and silver,there going to go on the gold standard again,now whats funny is this makes sence,the usa dont want us buying gold and silver,and that makes sence,cause the usa wants us to be poor,china is like omg we can become the most powerfull country for once,so there being smart,we are stupid,so thats why ron paul seys buy gold and silver,cause we also like china may be trying to go back onto something like the gold standard but not
Boskiway (November 30, 1999 at 12:00 am)
Ron Paul in 2012! tell a friend and tell a neighbor! Why havent we voted him in by now?!?!
MrRonPaul2012 (November 30, 1999 at 12:00 am)
It's coming! A REVOLUTION! No IRS! No Federal Income tax! No Federal Reserve! No welfare! No conflict of interest! No Pre-emptive wars! No NAU! Dr. Ron Paul 4 2012.....REAL FREEDOM! WORTH DYING FOR.....OR REGRET IT!
khyemamri (November 30, 1999 at 12:00 am)
what about "striking" our own new "monetary" coins...?pre 1982 pennies at 95% copper are soon to be considered precious new currency, I say!peace
lucinos19 (November 30, 1999 at 12:00 am)
Another "flaw" is that interest rates will go up (very up) and at the same time full reserve banking will mean no interest at the saving accounts. Since most people now are in debt they will be in trouble. On the other hand saving money to buy a house instead of getting into debt will be much-much easier. This idea does solve the problem of government debt. But what about the people that are in debt?
cryps1 (November 30, 1999 at 12:00 am)
They believe that a government can be made using debt as a form of slavery. They will even use violence without hesitation against anyone who speaks against them, or to get more money. And we all are just a herd of sheep following them all the time
boan000 (November 30, 1999 at 12:00 am)
True, we don't have enough gold to go to a gold standard, but we could create an oil-backed currency since we have enough oil resources to retire our debt. So we could kill the Fed right now and switch to an oil-based dollar to get out of debt. This has the advantage over the solution proposed here of giving our currency real value immediately.
0100OO (November 30, 1999 at 12:00 am)
Spot on ! GREAT SOLUTION ,only one flaw. Neither the FRB or Congress or our president want to abolish the institutions as they presently exist. The FRB holds sway over Congress and Congress LOVES the FRB. |
