I actually see what you're saying, maybe it's the people who think he's the second coming of Christ and that he actually has a chance at the Presidency that insist on referring to him like that.  The people on Facebook who post "Ron Paul 2012!" twice an hour on Facebook etc.  It's hard to explain.  To me, the point of Ron Paul's running is to expose people to other ideas- not to get elected.  He's no fool, he knows he doesn't stand a chance with his opinions or the fact that he's a third party politician but he's paving the way for others.

Without rambling further, I should have made my point differently.

I actually agree with you to some extent, I mean those people are just new to that movement and theyre enthusiastic and passionate, which is not a bad thing. I mean I may have disagreed with the modern Tea Party or the Occupy movements but its rad to me that they are out in the streets actaully talking about shit that matters instead of at home on their couch plugged into their TV and obsessing over celebrities.

As far as Paul's chances of victory, I never thought it was possible, I mean I've been a supporter since 2007 and I'm a state delegate for my district, but my work and donations were to further the message of liberty and gain more ground, in fact to me that was winning. However The majority of the public was distracted by the straw votes in the caucases and primaries around the country a few monhts ago but the national delegates are the ones who choose the party nominees not those polls, and Ron Paul does seem to me winning the majoirty of the delegates at the state conventions, I think he's up to 14 states so far where he has won the vast majority and the convenstions for most states haven't even happened yet so if his supporters keep turning out and becoming delegates I don't see why he wouldn't have a chance to actually win. I just honestly could never see the GOP actually nominating him. Their love affair with the military industrial complex and destruction of personal liberties goes too deep. However they may have to nominate Romney by resorting to cheating by neglecting their own rules and by and kicking out delegates which will send a huge message to those who want to listen.

I completely agree- it is about getting the idea out there, any idea really, I wish more people would bring other ideas to the table.  In terms of the GOP candidacy- I was happy to see Paul get some footing although I was really hoping that Gary Johnson would have gotten more attention as well.  Unfortunately our bullshit two party system and the media kill a lot of potential momentum for fresh ideas.

Yes, he will be announced on Workshop officially sometime before the end of the year, but it'll become evident he's on the team within the coming weeks.

Damn, this shit just took off like a maelstrom again in 2 days...

It must kind of bum Jaime out to have this John Fitzgerald thread title keep popping up every day...sorry chief.  Fuck, I'm tempted to try and divert the "discussion" over to the TMKF Extras thread to give my homies some shine.

Anyways, I'm sure the omnipotent Gipper (omgipotent?) already knows the summarized history of the formation of the Fed (and if he doesn't,, he'll damn sure pretend to), but I'll just flesh it out for anyone who might be interested...It's one of the all-time great who-dunnit stories.

 The basic plan for the Federal Reserve System was drafted at a secret meeting held in Nov. of 1910 at the private resort of J.P. Morgan on Jekyll Island off the coast of Georgia. Those who attended represented the great financial institutions of Wall Street and , indirectly, Europe as well.  The reason for secrecy was simple. Had it been known that rival factions of the banking community had joined together, the public would have been alerted to the possibility that the bankers were plotting an agreement i restraint of trade...which, of course, is exactly what they were doing. what emerged was a cartel agreement with five objectives: stop the growing competition from the nations newer banks; obtain a franchise to create money out of nothing for the purpose of lending; get control of the reserves of all banks so that the more reckless ones would not be exposed to currency drains and bank runs; get the taxpayer to pick up the cartel's inevitable losses; and convince Congress that the purpose was to protect the public.  It was realized that the bankers would have to become partners with the politicians and that the structure of the cartel would have to be a central bank.  The record shows that the Fed has failed to achieve its stated objectives. That is because those were never its true goals.  As a banking cartel, and in terms of the five objectives above, it has been an unqualified success. (if anybody wants to know any aspect of that in more detail or get sources, let me know.)

moving forward: The name of the game is BAILOUT...

Although national monetary events may appear mysterious and chaotic, they are governed by well-established rules which bankers and puppet-politicians rigidly follow. The central fact to  understanding these events is that all the money in the banking system has been created out of nothing through the process of making loans.  A defaulted loan, therefore, costs teh bank little of tangible value, but it shows up on the ledger as a reduction in assets without a corresponding reduction in liabilities. If the bad loans exceed the size of the assets, the bank becomes technically insolvent and must close its doors.  The first rule of survival, then, is to avoid writing off large, bad loans and, if possible, to at least continue collecting interest payments on them. To accomplish that, the endangered loans are rolled over and increased in size.  This provides the borrower with money to continue paying interest plus fresh funds for new spending. The basic problem is not solved, but it is postponed for a little while and made worse.

The final solution on behalf of the banking cartel is to have the federal government guarantee payment of the loan should the borrower default in the future. This is accomplished by convincing Congress that not to do so would result in great damage to the economy and hardship of the people.   From that point forward, the burden of the loan is removed from the bank's ledger and transfered to the taxpayer.
Should this effort fail and the bank be forced into insolvency, the last resort is to use the FDIC to pay of the depositors.  But the FDIC is not insurance because the presence of "moral hazard" makes the thing it supposedly protects against more likely to happen.  A portion of the FDIC funds is derived from assessments against the banks.  Ultimately, however, they are paid by the depositors themselves.  When these funds run out, the balance is provided by the Federal Reserve System in the form of freshly created new money. This floods through the economy causing the appearance of rising prices but which, in reality, is the lowering of the value of the dollar.  The final cost of the bailout, therefore, is passed to the public in the form of a hidden tax called inflation. 

When I have a little bit of time later, I want to address the issue of who creates the money to pay the interest...and also to describe the actual cogs, mirrors, and pulleys that the money magicians use to create the illusion of modern money. 

Until then I will let the omgipotent one fill the remainder of the page with expletives and slurs...in all caps, of course. 

so...ad hominems against gipper and a bunch of facts right out of GA history and econ 101? nice...

maybe next time try saying something critical and give us a best possible solution (that way you're actually contributing to the convo). you're pointing to the wall and telling me it's color. not telling me why the color sucks or why i should invest in better paint.

i keep reading your posts, thinking you've got something good, but you keep coming with that rookie shit. make a point already. i'm not even sure what you're trying to say anymore except that gipper sucks. which he doesn't.

k

Since we can't stop the global collectivists from consolidating power, all the more reason to grind the fuck out of their private property.  Until the consolidation concludes and we become slaves to the corporate feudalist state, feel free to remind the security guards you encounter that you are doing your civic duty to stimulate the economy by keeping them necessary/employed.

lol.

i dont drink that swill you call beer son.


and i dont have the same faith in bernanke, ollaaaaaaaaaaama, or nobel prizes as some of these resident knowitalls seem to...


interesting that ron paul, you know the doctor guy that has had a career in something other than politricks, has people actually contemplating these issues...

more than you can say for any other potential candidate in the modern day...


but... unlike what im sure some will attempt to imply.. it isnt about the character, its about the message... you know the one that got yall thinking and talking...       


the real deal seems to have some respectable advice, and im sure he didnt need to read that in a textbook or earn a degree to formulate such thoughts...   

found a pic of the globalist green collectivists.

I can't believe this thread continues. Its like when you get into a giant argument with your girlfriend, and go on and on and on and cover all the bases. When its over, everyone is still pissed and forgot what they were bitching about to begin with.

And yes, it really does empower them. How have you not at least picked that part up from all of the examples I've given?

are you saying that the federal reserve keeps markets from being cornered? ? but that they dont have their own monopoly?

and that ollaaaaaaaaaaaaaaama's "financial fraud task force" is going to put some kind of hamper on the activities of such people as Dimon? ? isnt his behaviour perfectly "legal"? ? 

the only legislation that im familiar with in regards to "congress shutting down or auditing the fed" had *gasp* dr. paul involved... ? 


it still seems to me that you are pushing the fallacy that ron paul supports a currency based on ONE SINGLE resource... ?  ? 

also, i dont think the fed has done anything to limit anything jp morgan is naturally inclined to do... quite the opposite im assuming...

imo, the implementation of the fed and those involved says it all... ? but the tangibles of dr. paul's arguement dont stop there... ? 

but hey, youre the know it all scholar of academia... ?  ?  ?  ? 

QE 1 and 2 worked are you implying? ?  would QE3 be in the interests of the average wage earning american?

ill take bernanke and greenspans word for it over yours anyday sir...          add paul's to that.  on much more than monetary policy... 


you dug so deep with your "academia" and play so hard into your condescending self righteousness that you seem to have forgotten the small things like logic and reason...

lol.   the president appointed the chairman, but from whos prepared selection?


you claim america the beautiful is safe from hyperinflation, but the everyday inflation is through the roof already...


oil prices are at a yearly low, and the gas prices are rising steadily...

gotta love what the fed cronies have done to the dollar in one century..     

 



 

you MUST be referring to the cronyism...


shuffle those feet son.