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time to listen to Ron Paul

DeathMagus

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Macano

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Ron Paul has a lot of good ideas about money - now if only he didn't advocate a return to the gold standard. There's not enough gold in the world to support the US economy. ::sigh:: I don't know whether I want to invest in the market or in real estate at this point...

In either case, kudos to you for even thinking about it at your age. Wish I had!
 
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LonesomeTexan

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Ron Paul has a lot of good ideas about money - now if only he didn't advocate a return to the gold standard. There's not enough gold in the world to support the US economy. ::sigh:: I don't know whether I want to invest in the market or in real estate at this point...
hard assets, commodities, natural resources, gold, land, and guns. this fiat currency isn't going to hold up much longer. we are on the edge at this point. one more push could very well bring this house of cards down.
 
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billwald

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I think it will take a few months for the real estate market to bottom out. If I was 30 years younger I would seriously consider buying land on the gulf coast. The poor people will never be permitted to return to LA. It think it will be the next Phoenix.
 
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Steezie

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http://emac.blogs.foxbusiness.com/2008/03/26/time-to-listen-to-ron-paul/

great article. it's dead on. if we don't get a grip on monetary and fiscal policy, we're in for disaster.
Paul has basically had his rear handed to him in just about every single primary he's taken part in

He's got, what, 1% I think of the Republican votes. He's finished, done. He will NOT be president in 2008. Even if by some miracle he wins ALL the next primaries, he still wont have enough delegates to beat McCain.

The Ron Paul Revolution seems to have fizzled out
 
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Archaeopteryx

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Paul has basically had his rear handed to him in just about every single primary he's taken part in

He's got, what, 1% I think of the Republican votes. He's finished, done. He will NOT be president in 2008. Even if by some miracle he wins ALL the next primaries, he still wont have enough delegates to beat McCain.

The Ron Paul Revolution seems to have fizzled out
I believe it was Dr. Paul himself who nobly said, "Election campaigns are short term operations. Revolutions are long-term projects." The Revolution in the name of Ron Paul may be fizzling, but the real Revolution continues, and he continues to be a part of it.
 
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Archaeopteryx

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Paul has basically had his rear handed to him in just about every single primary he's taken part in

He's got, what, 1% I think of the Republican votes. He's finished, done. He will NOT be president in 2008. Even if by some miracle he wins ALL the next primaries, he still wont have enough delegates to beat McCain.

The Ron Paul Revolution seems to have fizzled out
I believe it was Dr. Paul himself who nobly said, "Election campaigns are short term operations. Revolutions are long-term projects." The Revolution in the name of Ron Paul may be fizzling, but the real Revolution continues, and he continues to be a part of it.
 
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IisJustMe

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Way too much emphasis is placed on a devalued US dollar. It actually has as many benefits as it does pitfalls.

It will help the trade deficit, in that cheaper US goods mean a greater demand for US goods and an increase in export traffic.
Outsourcing to foreign contractors may be reversed, as it becomes as expensive to hire foreign help as it is to pay US help, the main reason fostering outsourcing.
US businesses hurting for capital because of the economic downturn will find it easier to attract foreign investment, which will get a bigger bang for its euro.
The same goes for real estate, which could actually be bailed out of its current crisis by an influx of foreign investment.
Foreign tourism will increase as travelers and vacationers will find it less expensive to come to the US than some of the European attractions they might normally visit.
Foreign exchange markets will turn a greater profit for dollars invested than they were previously returning.
The falling dollar may actually spur domestic support for US products, as opposed to the preference for cheaper imported goods when the dollar is strong.

It all balances out. Ron Paul is more of a quack than a savant, in my opinion, though he is right about the coming entitlements crisis that is going to bankrupt us in 11 or fewer years unless somebody does something quickly. Unfortunately, "quickly" is a foreign concept to Congress.
 
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Steezie

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I believe it was Dr. Paul himself who nobly said, "Election campaigns are short term operations. Revolutions are long-term projects." The Revolution in the name of Ron Paul may be fizzling, but the real Revolution continues, and he continues to be a part of it.
Uh huh, sounds to me like people dont want to admit that they may have bet on the wrong horse
 
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Douger

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joebudda

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Way too much emphasis is placed on a devalued US dollar. It actually has as many benefits as it does pitfalls.

It will help the trade deficit, in that cheaper US goods mean a greater demand for US goods and an increase in export traffic.
Outsourcing to foreign contractors may be reversed, as it becomes as expensive to hire foreign help as it is to pay US help, the main reason fostering outsourcing.
US businesses hurting for capital because of the economic downturn will find it easier to attract foreign investment, which will get a bigger bang for its euro.
The same goes for real estate, which could actually be bailed out of its current crisis by an influx of foreign investment.
Foreign tourism will increase as travelers and vacationers will find it less expensive to come to the US than some of the European attractions they might normally visit.
Foreign exchange markets will turn a greater profit for dollars invested than they were previously returning.
The falling dollar may actually spur domestic support for US products, as opposed to the preference for cheaper imported goods when the dollar is strong.

It all balances out. Ron Paul is more of a quack than a savant, in my opinion, though he is right about the coming entitlements crisis that is going to bankrupt us in 11 or fewer years unless somebody does something quickly. Unfortunately, "quickly" is a foreign concept to Congress.

Your joking, right?
This creating money out of nothing is diluting the money which devalues the dollar and creates inflation. And creating it attached to debt creates the situation where we can never get out of debt. And this debt ends up "eating" the lower and middle classes and everyone else that is unable to push it onto someone else.

This monetary system will cause the dollar to collapse to worthlessness. History shows us that every time such a money=debt system is implemented the money will fail.
 
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FadingWhispers3

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Ron Paul has a lot of good ideas about money - now if only he didn't advocate a return to the gold standard. There's not enough gold in the world to support the US economy

Ron Paul sort of advocates the gold standard, but it will make more sense if you know why he does.

One very important reason is that Constitution. There are means to change the Constitution through Amendments. What concerns Ron Paul is that for a very long time, politicians did things regardless of whether they were Constitutional.

The problem is twofold: 1. They swear to uphold the Constitution, and 2. If some limits the Constitution places can be ignored, then what else may be ignored in the future?

It's also a matter of accountability. If people were to amend the Constitution, at least we would have a vote, discussion, and see who is responsible for what.

Ron Paul cannot be said to be for gold per say. The reason is that gold is usually not a good investment: gold mostly stays the same value. However, when money is printed in excess of real production, there is inflation. Gold is only a good hedge against devaluation of the currency. And that is what Ron Paul is really interested in: that organizations do not undermine the value of currency... even if it is for short term goals such as financing one thing or another.

The problem with printing money more money than corresponds with real assets is that whoever prints it first reaps the rewards, but there will be a negative impact later. Think about, for instance, why counterfeiting is seen as undesirable.
 
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joebudda

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Ron Paul has a lot of good ideas about money - now if only he didn't advocate a return to the gold standard. There's not enough gold in the world to support the US economy

Ron Paul sort of advocates the gold standard, but it will make more sense if you know why he does.

One very important reason is that Constitution. There are means to change the Constitution through Amendments. What concerns Ron Paul is that for a very long time, politicians did things regardless of whether they were Constitutional.

The problem is twofold: 1. They swear to uphold the Constitution, and 2. If some limits the Constitution places can be ignored, then what else may be ignored in the future?

It's also a matter of accountability. If people were to amend the Constitution, at least we would have a vote, discussion, and see who is responsible for what.

Ron Paul cannot be said to be for gold per say. The reason is that gold is usually not a good investment: gold mostly stays the same value. However, when money is printed in excess of real production, there is inflation. Gold is only a good hedge against devaluation of the currency. And that is what Ron Paul is really interested in: that organizations do not undermine the value of currency... even if it is for short term goals such as financing one thing or another.

The problem with printing money more money than corresponds with real assets is that whoever prints it first reaps the rewards, but there will be a negative impact later. Think about, for instance, why counterfeiting is seen as undesirable.
The media lies.
He doesn't want to go to a gold standard. He wants to legalize gold and silver as competing currencies.
http://www.ronpaul2008.com/Prosperity/
 
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U

USMC4Life

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Elizabeth MacDonald if you ever seen on Fox Biz you would know shes a Ron Paul brown shirt. She also totally lies about Ron Paul being the only one talking about trade, WHEN RON PAUL ONLY STARTED TALKING ABOUT IT AFTER HUNTER TALKED ABOUT IT IN DEBATES.

The guy just copies ideas he sees a lot of people liking and then just talks for 5 minutes in the house and says he is the only one talking about it, then his brown shirts post it on YouTube and magic Ron Paul is the only one who wants to stop the trade deficit, funny the media tells everyone this too in an effort to silence Duncan Hunter?
 
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joebudda

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Elizabeth MacDonald if you ever seen on Fox Biz you would know shes a Ron Paul brown shirt. She also totally lies about Ron Paul being the only one talking about trade, WHEN RON PAUL ONLY STARTED TALKING ABOUT IT AFTER HUNTER TALKED ABOUT IT IN DEBATES.

The guy just copies ideas he sees a lot of people liking and then just talks for 5 minutes in the house and says he is the only one talking about it, then his brown shirts post it on YouTube and magic Ron Paul is the only one who wants to stop the trade deficit, funny the media tells everyone this too in an effort to silence Duncan Hunter?

Do you even know what you are talking about?

Ron Paul has held the same position his whole time in politics. Go look at his voting record.

I would be interested if you are able to show that his position has changed. I don't think you will be able to.
 
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