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The Invisible Man - Ron Paul
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TnMuse
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The Invisible Man - Ron Paul
«
on:
November 19, 2011, 09:48:20 PM »
Ron Paul is the 2012 Presidential Candidate that is ignored by the media. Even when he comes out first in the polls, the media will go on and on about the other candidates and only sometimes give honorable mention to Ron Paul. He is made fun of because his ideas are more conservative than most conservatives. He is for very small government intervention in lives of citizens and believes the federal government should only do things that are provided for in our Constitution.
He is fairly quiet spoken, but when he speaks about things dear to his heart he is very passionate. He is honest and will tell it like it is even if it is not a popular opinion to hear. He is called an isolationist because of his foreign policies of non-intervention in the affairs of other countries. He doesn't believe we should go to war unless we are TRULY under threat of attack. He is very passionate that only CONGRESS should declare war, and that the executive branch is in violation of our Constitution when it puts our country into conflicts without that authority. He believes that torture goes against the moral values of the United States. He believes the United States should go back to being a model of freedom, liberty and human rights for the rest of the world to emulate. He voted against the Patriot Act because he READ it and saw how it violated the constitutional rights of Americans.
Ron Paul is well informed about how the economy works, what caused us to get into this mess and knows how we can get out of it and become prosperous again. Some of his colleagues in government laugh about his beliefs when it comes ending the FED, but you should see their minds go blank when he calls them on the carpet and they realize he KNOWS their game...or knows that they have no understanding of basic economics.
Ron Paul is sometimes put down because of a few overbearing supporters. He is not responsible for how these people act and if they followed the word and tone of his campaign, they would not act that way.
It takes a little effort to learn about Ron Paul because of the media blackout, but there is a wealth of information on google and YouTube. If you are tired of the lies and present policies being pushed by both sides...Ron Paul is a breath of fresh air.
I'm voting for Ron Paul because of his honesty, integrity and intelligence.
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TnMuse
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Re: The Invisible Man - Ron Paul
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Reply #1 on:
November 19, 2011, 09:52:47 PM »
In 2002 Ron Paul warned Congress that our policies would lead to a Housing Bubble/Burst
Congressman Ron Paul
U.S. House of Representatives
July 16, 2002
“Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation (Freddie), and the National Home Loan Bank Board (HLBB). According to the Congressional Budget Office, the housing-related GSEs received $13.6 billion worth of indirect federal subsidies in fiscal year 2000 alone.
One of the major government privileges granted these GSEs is a line of credit to the United States Treasury. According to some estimates, the line of credit may be worth over $2 billion. This explicit promise by the Treasury to bail out these GSEs in times of economic difficulty helps them attract investors who are willing to settle for lower yields than they would demand in the absence of the subsidy. Thus, the line of credit distorts the allocation of capital. More importantly, the line of credit is a promise on behalf of the government to engage in a massive unconstitutional and immoral income transfer from working Americans to holders of GSE debt.
The Free Housing Market Enhancement Act also repeals the explicit grant of legal authority given to the Federal Reserve to purchase the debt of housing-related GSEs. GSEs are the only institutions besides the United States Treasury granted explicit statutory authority to monetize their debt through the Federal Reserve. This provision gives the GSEs a source of liquidity unavailable to their competitors.
Ironically, by transferring the risk of a widespread mortgage default, the government increases the likelihood of a painful crash in the housing market. This is because the special privileges of Fannie, Freddie, and HLBB have distorted the housing market by allowing them to attract capital they could not attract under pure market conditions. As a result, capital is diverted from its most productive use into housing. This reduces the efficacy of the entire market and thus reduces the standard of living of all Americans.
However, despite the long-term damage to the economy inflicted by the government’s interference in the housing market, the government’s policies of diverting capital to other uses creates a short-term boom in housing. Like all artificially-created bubbles, the boom in housing prices cannot last forever. When housing prices fall, homeowners will experience difficulty as their equity is wiped out. Furthermore, the holders of the mortgage debt will also have a loss. These losses will be greater than they would have otherwise been had government policy not actively encouraged over-investment in housing.
Perhaps the Federal Reserve can stave off the day of reckoning by purchasing GSE debt and pumping liquidity into the housing market, but this cannot hold off the inevitable drop in the housing market forever. In fact, postponing the necessary but painful market corrections will only deepen the inevitable fall. The more people invested in the market, the greater the effects across the economy when the bubble bursts.
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TnMuse
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Posts: 136
Re: The Invisible Man - Ron Paul
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Reply #2 on:
November 19, 2011, 09:59:44 PM »
Understanding Banking and The Federal Reserve
How It Affects You and The Economy
http://hmscoop.com/
This is a good website if you have a problem understanding about the how the money supply affects us and can put us into inflationary and depression periods.
(It will also help you to understand part of the reason Ron Paul wants to end the FED...though he did not write this)
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TnMuse
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Posts: 136
Re: The Invisible Man - Ron Paul
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Reply #3 on:
November 19, 2011, 11:48:06 PM »
This video of Ron Paul answering questions from people in Iowa really shows what Ron Paul stands for...and how he looks at the issues.
Please try it ...just give him a listen...Thanks!
http://www.youtube.com/watch?v=KEUUBPgLBRQ
Rep. Ron Paul (R-Tx.) on Iowa radio host Jan Mickelson's show
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