Creationist Loon Ron Paul Thinks The Bible Dictates Monetary Policy

Voted up.

I'm getting real sick of Ron Paul, both the propaganda for and against him.

People use him as an excuse not to think about public policy and it's infuriating.

I can't think for myself! Ron Paul 2012! He'll fix everything, somehow!

Ok...the guy is anti-war, anti-government waste, anti-drug war, pro freedom. I thought thats what we were looking for last election, ya know hope, change. Not this same old bs.

floydyboy, great comment! I completely agree with you on this.

Right on!

He's an isolationist, he just doesn't believe in government period, hardly "anti-waste", he's not going to stop states from doing whatever the hell they want (90% of incarcerations right there) and he's only as interested in freedom as his rhetoric allows him to be. Eliminating the 14th amendment is not exactly my idea of how a free country operates.

America is screwed then huh?

Yeah but how is throwing out the rule book, adopting a gold standard and letting corporations do whatever they want a solution?

Sometimes, it's not about what you need to do, it's about what you're NOT supposed to do.

Someone who has no idea what to do has a hell of a lot more clout than someone who advocates the definitely wrong decision.

There's a difference between small government and NO government. One of Ron Paul's (and the Libertarians) standards is about private property and contract enforcement. Regulations are regularly written by the corporations that they regulate or their cronies. That's much worse because those corporations design the regulations to keep their competition down and their own liability low to nothing. Take the BP oil spill. Under the regulations when it happened, BP's liability was capped at $100 million. How does that cap help the people of the gulf during a spill?

The gold standard would make it impossible for the US to go to war without the country behind the government. Look at history: empires devalue their currency so they can continue to expand their conquests. At the same time, a strong dollar (which the gold standard would back) would keep individuals in better financial straights. The Fed would be unable to print more money and therefore be unable to devalue the money we have. Interest rates would rise, encouraging people to save. You ever try to save now? You can't even get a whole percent of interest. There's no incentive to save. Under a gold standard, you'd have incentive to put your money in the bank. That's real capital banks can loan, as opposed to the imaginary capital bank borrow from the Fed. The Fed is the cause of why the banks got into trouble and the tool used to shovel money into them via the government. Take that away, you'll never have another bank bailout again.

I hate Ron Paul, but I agree.

I wish people would mount more substantive arguments against him. It just validates his idiocy when people pretend he's something he isn't.

Make your paycheck for today?

Someone who would abolish the 14th amendment and switch us to a gold standard knows nothing about currency or the Constitution.

Thanks for playing, no one's actually that stupid.

Someone that would keep us in the perpetual debt cycle of the fractional reserve banking system either doesn't know anything about finance or has their hand in the cookie jar. You can pretend like ther isn't a problem or you can get educated and do what is right. The first step of the greiving process is accepting there is a problem. Thanks for playing? Hmmm

And Ron Paul would eliminate Fractional Reserve Banking how exactly?

Moreover, the debt cycle is literally the purpose of Capitalism. I'm all for getting rid of Fractional Reserve Loaning but you'd have a hell of a time explaining how Capitalism could ever operate without it, seeing as how it's been in place for hundreds of years.

I'd rather have a state bank which didn't pay interest on its own expenditures.

I am not religious person and this video did not change my support of Ron Paul.

I was hoping he'd slip up and say 'Allah'.

I do not hate him. I actually like him, as a US Representative. I would not want him to be our President because I do not think he would be good at it. Many of his economic policies would actually bankrupt this country and most everyone in it if they were to be implemented.

Because he would kill the Federal Government, throw old people into the streets, get rid of schools, let corporations poison our waters, eliminate the 14th amendment and a bunch of other stupid, evil shit.

And no, he would not "end the drug war." He would end Federal Enforcement of it. If a state wants to continue it on their own, he's totally ok with that.

And he doesn't want you to think for yourself either. He's said, on more than one occasion, that he would institute a Federal ban on abortion and he doesn't believe in evolution. Wow, what a free thinker.

Get a clue.

Agree, this make no sense at all.

We are heading for a complete disaster economically and social loss of liberties. We have nothing to loose but try a different approach over the Bush/Obama era.

This is absurd. Re-evaluating corrupt government agencies is in citizen's best interest. Who does FDA, EPA protect average American from corporate abuse of big pharma or the oil corporations? US education system is one of the worse in the world, let's fix it. Where are the human rights for Americans? Why does US have one of the largest incarceration rate in the world?

I am not religious and I do not believe my ansesters where monkey. So what?

The government mandates that the water be poisoned. Were there schools before Dept. of ED ? The Federal Government is going to kill itself.

I am up for trying something new. I am not up for what Ron Paul wants to do. Some of his ideas are based upon noble ideas, however, trying to implement them at this point in our history would send us rocketing to disaster.

I see it as moving in the right direction.

I wear glasses, perhaps my vision is better. You might want to look a little more closely as to how his foolish ideas will destroy life in America.

Go ahead and get rid of all government regulation and see what BIG BUSINESS will do to us. I like clean air and safe drugs. Non-poisonous food and a safe work place are somewhat important to me. How about you?

Go ahead and stop having the federal government subsidize State and Local governments and school boards. See just how high your state and local taxes go as they try to replace that money. If you think America's schools do a poor job of educating our children now just wait and see what cutting the Department of Education does for them.

The one thing that Ron Paul supporters forget is that as bad as one party hates President Obama how bad will it be when two parties hate our President? Our country is suffering today because our politicians refuse to cooperate with one another. Ron Paul would make that situation worse.

Our government is the biggest corrupt business. ADA, FDA, EPA, and many more do not protect us and our children.

Really? Do you want to live in a country where no one regulates our food and drugs? Do you really want to work for a company that does not need to keep your workplace safe?

Do these government agencies need to be fixed? Yes. Doing away with them will not fix the problem, it will make it worse.

Everyone wants to do away with FEMA, right up until they are personally affected by a disaster. Then they scream that our government does not do enough and they do not act fast enough.

Extremism is not what this country needs. Government is not the problem. People with a dearth of honesty and integrity running our government is the problem.

Get real. Do you really want to drink your water with anti psychotic drugs added to it? Do you want them to monitor your adherence to taking prescribed meds? Do you want ADA regulate the food choice you make?
I really wish these agencies are closed down and replaced with alternatives. Anything is better then what we have now.

Uh just an fyi, the constitution is in place to keep the power in the hands of the people. You think that BIG government and multiple military occupations all over the world work? WE ARE ALREADY BROKE if you did not get the memo. Please do the research. It is a shame that someone that is as willing to have a voice like you wastes it.

No, I do not want any of that to happen to me and as luck would have it, it is not happening to me. So I do not see how voting for Ron Paul can help stop something that is not happening.

You might want to give up on the conspiracy garbage. It really helps prove the point as to how a person must to be crazy to support Mr. Paul for President.

You're right, that is what the Constitution is for. So why the hell is your candidate going to gut it and make it only apply at the Federal level?

We aren't broke and your canned talking points don't even apply to what I just said.

I've done the research. If you have as well, you clearly don't understand it.

Get informed.

How would the gold standard have caused a depression? All it is is making sure the money is backed by something tangible so they can't print it up without limit. The dperession were caused by whateverthey were caused by, not the medium of exchange being too good. This is in sharp contrast to, say, the housing bubble which was caused by money being too artificially cheap.

Because currency fluctuates in value regardless of what it's attached to because REAL THINGS are *always* the determining value of your currency. Because setting it to gold when there's obviously more gold than dollars causes deflation which causes defaults which causes more deflation which causes depression. The contraction in the money supply due to the gold standard was severe and many historians attribute it to both the depression of '77 and '96.

Moreover, it does *not* prevent you from printing money, that's a different rule entirely related to fractional reserves. The housing crash, in particular, was a classic case of speculation and Wall Street greed run amok and over-valuing an asset to insanity and hoping the mess will land on someone else. And if you think there weren't similar crashes on the gold standard as well, you're just ignorant of history and economics.

It depresses me that this man has fooled so many people just because his ideas are unusual. A gold standard is an incredibly stupid idea even if you support it, because America has no damn gold.

the speculation and so forth were the symptoms not the cause. the cause was low interest rates, even Paul Krugman admitted as much. greed and speculation are ALWAYS running amuck on wall street.

Most of the late 19th century monetary issues related to the gradual end of bimettalism in favor of the gold standard. as for the gold standard itself It has its weaknesses but its certainly better han shadowy cabal of goldman sachs types doing who knows what with zero oversight.

gold is 1600+ dollars an ounce that is pretty good measure of how bad this system is. theres too many dollars.

Why does your post make so much sense and some wont get it?

You are totally brainwashed if you think low-interest rates were the cause of an over-valued, over-leveraged asset which exploded. Yes, greed and speculation are always running amok on Wall Street, that's why you keep a close eye on it and regulate shitty behavior so as to prevent crashes from happening or to lessen their severity.

Seriously, what's the Libertarian argument against Glass-Stegal? I'm waiting.

And what are you talking about? There was no bimetallism in the late 19th century. That issue failed, we stayed on the Gold Standard.

The Gold Standard does have weaknesses, yes, and it has no advantages to boot. If you don't want money to grow out of control, all you have to do is fix the reserve ratios to prevent arbitrary growth.

Moreover, literally nothing about the Gold Standard prevents Goldman Sachs types from manipulating currency and otherwise fucking with the global scene. Remember, we used to be on the Gold Standard, even with the Federal Reserve, globally. Did that change things much? no, because it doesn't do anything.

It was eliminated because it's an arbitrary limit on a nation's currency. And all currency is just an abstraction of REAL goods and services.

In that sense, pretending like attaching gold to your currency makes it "worth" something is retarded. It would be like if we pulled half our money out of circulation and pretended like money was "more valuable" now.

No, things would be identical. The value of your currency is only ever meaningful in relation to the actual things your economy produces.

Seriously, if I traded you all the gold in the world and you gave me all the goods and services in the world, who ends up with all the wealth?

If you can understand that, you can understand why the Gold Standard is retarded.

Because not everyone has had their brain rotted by Libertarian idiocy.

Ideology does that to a mind.

"The bowels of the saints are refreshed by thee, brother."

Philemon 1:7

Sorry for mentioning God.
Lighten up athiests!
It's all to fucking serious.

Most Libertarians don't even consider Paul to be one of them.

That being said, why would I like someone who would kick little kids out of school and poison our waters in the name of "freedom?"

Well said^+

Libertarians are the antithesis of morality.

Greed is God, oops, I meant Greed is Good.

The overactive imaginations you folks have.

Ron Paul wants the FEDERAL government out of matters best left to the STATES. Now if YOU live in a state that would kick little kids out of school or poison water then that's a problem you need to solve at the local level, not go begging the Federal government to solve for you. Begging the feds to solve every little problem we have is why we are bajillons of dollars in debt.

Why would you look to the Federal Government to define morality? I thought we wanted government out of the morals game.

" I strongly oppose extending frederal rights and benefits to same sex couples."--Ron Paul

"The Founding Fathers never intended rights to be extended to groups, we shouldn't have gay right's." --Ron Paul

" The Defense of Marriage Act is proper and takes care of all problems."---Ron Paul

" I plan to continue working to enact the Marriage Protection Act and protect each state's right not to be forced to recognize same sex marriage." --Ron Paul

Gay support according to the Human Right's Campaign : Ron Paul 6%
Obama 89%
MEMBERS 750,000

“One thing is clear: The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.”
― Ron Paul

“Under the United States Constitution, the federal government has no authority to hold states "accountable" for their education performance...In the free society envisioned by the founders, schools are held accountable to parents, not federal bureaucrats.”
― Ron Paul

“I'm convinced that you never have to give up liberties to be safe. I think you're less safe when you give up your liberties.”
― Ron Paul

“Setting a good example is a far better way to spread ideals than through force of arms.”
― Ron Paul

“The most basic principle to being a free American is the notion that we as individuals are responsible for our own lives and decisions. We do not have the right to rob our neighbors to make up for our mistakes, neither does our neighbor have any right to tell us how to live, so long as we aren’t infringing on their rights. Freedom to make bad decisions is inherent in the freedom to make good ones. If we are only free to make good decisions, we are not really free.”
― Ron Paul

“When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.”
― Ron Paul

“Rights mean you have a right to your life. You have a right to your liberty, and you should have a right to keep the fruits of your labor....I, in a way, don’t like to use those terms: gay rights, women’s rights, minority rights, religious rights. There’s only one type of right. It’s the right to your liberty.”
― Ron Paul

A bigot is still a bigot , even when dressed in sheep's clothing. I will not give up my rights so Ron Paul can conduct his radical experiments with our Democratic system of government and relegate me to permanent second class citizenship. Perhaps he can return to Texas, which could certainly use some fixing, run for Governor ,and toy with their corrupt government. I'm just ecstatic that Paul will never have the opportunity to sit in the White House and play Russian roulette with my rights. But then I never expect those who have never been the victims of discrimination to support or understand my perspective.

You have no idea what life experiences I have, including discrimination. I choose to see beyond all that. Speaking about the second class citizen, as long as there are no personal liberties we are all second class citizens.

Why can't anybody take the higher road ? Hypocrisy. Read the Wikipedia
description of the term as most modern speakers understand the term, and
you'll get a telling clue as to why some people allow their fear, hate, insecurities,
-in general their fugliness- run away with what used to resemble the minds
they once had before their madness set in. I voted this article down because
it's merely another abusive attack from someone I've flagged repeatedly for
her obsession with attacks.

Best comment on Current all weekend! Thank you, PressCore.

Thank you. I don't believe in religion. And I don't realy believe in politics
either. But all of our civil Liberties came about as a result of a struggle
between the old order and the new one. So I guess it's a necessary evil
to be actively involved with current affairs if only to maintain the Liberty
which the original free masons fought the American Revolutionary War
to establish. Still, I'd like to keep the high standards they'd want to see
us adhere to. Mud slinging, tends to turn into mud wrestling of the nasty
sort if we allow others to appeal to emotionalism without saying something.

Probably wants to bring back leeches...

Sorry you are so easily offended.

I don't see any big noses in the drawing so I'm not sure how you came to the conclusion that they are Jews, plus one guy looks like an Italian sterotype and one even looks Anglican.

Also, the US Consitution trumps the concept of the Federal Reserve coining regulating the value of money by the way so what's your point?

I can't believe you got voted down for a reference to Jesus' rampage against the moneychangers.

Actually, the US Constitution, by delegating to Congress the authority to coin money, makes the Federal Reserve, which exists because of an act of Congress, possible.

And now look where we are with the Federal Reserve handing out free trillions to global banks and other corporations.

Oh and I got voted down because they hate Jesus and love the bankers.

The debate would be intelligent only when those involved can think for themselves. There are not many critical thinkers on this thread.

tough crowd

...and I voted you up even though I don't believe in Jesus and hate the bankers.

Anyway, given the state of Congress today, if they were coining money directly rather than via the Federal Reserve, I suspect things would be much worse, regardless of whether we switched to the gold standard or not.

Most of the Ron Paul threads on this site get pretty silly, I think.

For some reason Ron Paul generates a perfect storm of silliness - don't ask me why. Although I must admit, it is a good time. :)

Macht nichts. Even one, single, solitary intelligent free thinker would have
a significantly better grasp of reality than those voting without necessarily
commenting. Please keep in mind one of Nobama's " czars " advocates your
public tax money be paid to fund agents provocateur Trespassing here
on this website, in bad faith, to spy on decent citizens, and foment disruption.
Whenever I see a massive negative vote count over someone's comment
which per se would not be anywhere near enough to provoke that negativity,
I suspect it's other than bona fide community members passing judgement
on the comment's content. It's a subtle form of mind control to make it appear
as though an innocent comment deserves to be voted down. I liked it a lot
better under the old system this website had going for it when they had an
icon resembling the signal strength in blue/red colored bars at the upper
right corner instead of these insipid votes. It smacks of the ancient Roman
colleseum circus maximus where people used to thumb events up or down,
imho.

Did you watch the video?

listen, i'm all for stopping the printing press but anyone who talks about the bible and conflates what the bible says with the monetary policy he describes just turns me off. leave any and all mentions of the bible to yourself.

Funny how the words Republican, and bible make people close their ears to the message. I am not religious, I voted for Obama in 2008 and I support Ron Paul because what he says make sense for me. Let's debate on the message and not on the background noise.

yeah, i guess it's like how people close their ears when they hear words like muslim and quran instead of listening to the message

That cookie was 2000 years old? No wonder it was so stale!

I responded to kbshana' comment. Are you kbshana attorney?