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Ron Paul now has an article published on the Lew Rockwell web site and we can read it.
Here is the link:
http://lewrockwell.com/paul/paul751.html
The title:
Competing Currencies – a Defense Against Profligate Government Spending
I tend to add my own comments, and the title inspired a comment even before reading the article.
Competition forces quality up and cost down. Monopoly is the measurable absence of that force, or monopoly is measurable as a force that makes the force of competition powerless. The monopoly money suppliers are the same thing as the monopoly Nation State, it is one and the same thing, it is run by the same people, and those same people may not even be legal "citizens" of U.S.A. Inc. (LLC).
Ron Paul, for example, is not a member of the legal money monopoly cartel, or a competitive member of The Government of U.S.A. Inc. (LLC), if he was a competitor, he would be powerful, and if he were powerful, he would end the monopoly, because his advertized intentions are opposite the acts perpetrated by the criminals running the money monopoly extortion racket and the monopoly power Nation State.
1. Bring Troops Home
2. Competing Currencies (legal competition)
My comment is that Ron Paul is working toward a change in the law whereby competition in money markets is legal, and no longer against the "National" law.
I have yet to read the article. I've been reading Ron Paul's articles for about 25 years.
On to the article:
Throughout history, gold and silver have been the two commodities that have most fully satisfied the requirements of sound money.
That is demonstrably not accurate, but not necessarily false, and as far as I know, or guess, that is not an intentional deception. I plan on being at the Reno Nevada Liberty Conference, and if I get a chance I will ask if those types of inaccurate statements are intentionally false, so as to mislead the ignorant masses, and so as to profit by that use of deception. The last time I went to one of those conferences my questions were willfully ignored, and then one of the speakers answered my questions in a general way by saying:
"If you can't beat'em: Join'em."
Gold bugs have been around for a long time, claiming the superiority of gold as money, but their claims are only valid in their own eyes, while most everyone else prefer less costly forms of money, or more accurate, higher quality, more powerful, better money, of various forms, not limited to:
Food
Oil
Electricity
Stamp Script
Land
There are many examples of each form of money, as money, and only in cases where legal monopoly extortion money is enforced are there cases whereby people are forced to use lower quality money, such as Whiskey, as a replacement money, or black market money, including gold and silver.
Back to the article:
This is why people around the world are flocking once again to gold and silver as a store of value to replace their rapidly depreciating paper currencies.
I've read where the people who are running the Chinese government are among the people who are buying up, or stealing, or by any way they manage, I can't know, they are transferring gold from where gold was to where they now have control over it.
That exposes one of the great costs of using gold as money. One monopoly power may use great force to gain large quantities of gold and then that large quantity of gold constitutes a very powerful market force as explained by mathematical illustration:
Suppose everyone using Gold as money use 100 percent of the total supply of Gold, and that use of 100 percent of the supply of Gold by everyone continues for 100 years without any change at all in the total supply of Gold that is used by everyone.
Then at the start of the second century after the century long use of 100 percent of the total supply of Gold being used by everyone, the people in China begin to transfer control of 51% of the total supply of Gold, and they store all the gold they can get their hands on into one vault, call that Vault by a name, such as Fort Knocks-off.
Now everyone else has to get used to using half of the total supply of Gold, when they had grown very used to using 100 percent of the supply of Gold, since China took 51% out of circulation.
China also kept their plans a secret, and in order to keep their plan a secret they sent out false advertisements that intended to send their victims on wild goose chases; while they perpetrated half of the crime of the century. The other half of the crime of the century, by China, in this illustration, is to then flood the market with 51 percent of the gold, after another century goes by, as everyone became used to using 49 percent of the gold for another 100 centuries.
A. Everyone becomes accustomed to 100 percent of the total supply of Gold.
B. China secretly takes out 51 percent of the supply on their secret, exclusively known, schedule, while they fool everyone into thinking the opposite is happening.
C. China floods the market with 51 percent of the total Gold supply once everyone else grows accustomed to getting by with only 49 percent of the total supply of Gold, also done with exclusive knowledge of that fact; and also done while everyone else is scratching their heads, and wondering why strange things are happening.
Back to the article:
Even central banks have come to their senses and have begun to stock up on gold once again.
How much Gold is in Fort Knox? Does Ron Paul know something I don't know? As far as I know there hasn't been an accurate, and full, audit of The Federal Reserve System of Extortion, ever, and as far as I know Ron Paul has reported that to be a fact, that no audit has been done, and therefore there is no public access information concerning how much Gold is in Fort Knox, or The Federal Reserve Banks, or anywhere on American soil. I'd like to know the truth. Would you like to know the truth?
How powerful is that information? How much gold is currently controlled by who?
A. China
B. U.S.A.
C. Europe
D. Libya
E. The Federal Reserve System employees (those who order transfers of gold)
F. Goldman Sachs
G. Wall Street
E. International Monetary Fund
F. The World Bank
G. Russia
How about the actual top 10 legal fictions where ownership of the 10 largest supplies of Gold and Silver are housed?
How valuable is that information? Will someone be targeting those supplies of that much power? Someone is targeting the gold in Libya, or am I making up fairy tails?
But in our country today, attempting to use gold and silver as money is severely punished, regardless of the fact that it is the only constitutionally-allowed legal tender!
That is another measure of the high cost of using money: even the legal criminals know how to get their pound of flesh from those who use gold and silver as money.
In some cases, most likely, actual pounds of flesh.
Can you imagine the screams?
In one recent instance, entrepreneurs who attempted to create their own gold and silver currency were convicted by the federal government of "counterfeiting".
Legal criminals using law to outlaw competitive money is not a new story. The case where the legal criminals in Massachusetts, under The Articles of Confederation, passing a tax law on Whiskey, payable in Gold, is one famous case of legal criminals using law to outlaw competitive money, and back then the ex-revolutionary war soldiers, like Daniel Shays, kept the spark of liberty going, and they took up arms against those legal crimes, because liberty, according to them, was worth fighting for, and it was worth fighting the fight against legal crime, and it was even legal to fight the fight against legal crime, under The Articles of Confederation, and that is why the Nationalists, like Alexander Hamilton, and Robert Morris, had to conduct their regime change events that became known as The Constitutional Convention, and the false advertizement campaign known as The Federalist Papers, whereby the authors claimed to be working to toward "a more perfect union" when in fact they were constructing a Consolidated, Monopoly, Law power, or Nation State, with the aim of creating, and maintaining The First Bank of the United States, and when that failed, the aim was to create a Second Bank of the United States, and when that failed to take hold, the aim finally resulted in The Federal Reserve System of Extortion still in operation today.
And that is all recorded in history by the people who were making history, and not recorded by victors who re-write, or revise, and falsify history.
The next famous case of legal criminals using law to outlaw competitive money was called, by the victors, The Whiskey Rebellion, perpetrated after rebellion against legal crime became a crime, according to the constructively interpreting interpreters of The Constitution as The Constitution was designed to be constructively interpreted, by it's legal crime inventors, supporters, and enforcers.
That is all well reported by those who were there when it was happening, if you care to know, if you care to look, and if that information is at all valuable to you, as you scratch your head wondering, what is going on these days?
Also, consider another case of an individual who was convicted of tax evasion for paying his employees with silver and gold coins rather than fiat paper dollars.
Yes, and while you are at it, consider the following:
http://www.globalideasbank.org/site/bank/idea.php?ideaId=904
The Nazi government made the use of competitive currencies against the law as the force of competition began to dilute the criminal power of the criminal Nazi government, which should be all too familiar a story to the victims of criminal governments, past, present, and future.
By why know that which is painful? Why torture yourself? Why not, simply, avoid being a victim? Well, don't you have to know how?
I will read on, with the article by Ron Paul.
The federal government acknowledges that such coins are legal tender at their face value, as they were issued by the U.S. government. But when it comes to income taxes owed by the employees who received them, the IRS suddenly deems the coins to be worth their full market value as precious metals.
How about a history lesson for all you honest productive American people demanding accurate knowledge?
The legal criminals have an "interest" in borrowing from Honest Productive People, using the Good Faith and Credit of those Honest Productive People, and then once the legal criminals have some of that power, they begin spending that power to purchase all the work needed to fool the Honest Productive People into thinking that The Honest Productive People owe the legal criminals money, for having allowed the legal criminals to borrow money, and then, on top of that, those legal criminals spend even more of that stolen power in the work that is necessary to convince the fools that they owe interest to those criminals for the crime of having lent them power in the first place. Then they add zeros to their accounts, write themselves bonuses, buy your children to eat while raping them, or who knows what else.
Now, you may say, Joe, it isn't that bad.
Really?
Who is the fool?
I'll raise my hand. I'm writing about actual reality, how foolish can I get?
Who demands facts? Joe Friday?
The sweet deal isn't new. The criminals gain so much power so fast that they can't spend it all, they can conduct failed aggressive wars for profit, as they did before Shays's Rebellion, as the "mercantile interests" sold "the government" the supplies to conduct raids into Canada, to Annex land from "hostile natives", or "enemies of the state", or "hostile states", at high, no bid, prices, above market prices.
Got that?
You get the license to supply the aggressive criminal invading army and you jack up the price because there is no competitor, you have the exclusive license. This is history, this is what happened just before Shays's Rebellion in the State of Massachusetts, under The Articles of Confederation, which constituted The law of the Land, in between the time after The British were driven out of The Colonies, and the involuntary association, or despotism, known as The Constitution.
There was a time when there was a working Democratic Federated Republican experimental government here, in this land called America.
Really.
The legal criminals running the separate and sovereign Massachusetts State government ran up huge state debts, failing to "Annex" parts of Canada, and so they owed large sums of money to the suppliers of war materials, and those suppliers demanded gold as payment, go that, and those suppliers didn't want to be paid in fraudulent Massachusetts extortion racket money, which they knew was devalued, and used to pay workers, and mercenaries, and low level government employees, and desperate sellers of land, and desperate sellers of anything, as the fraudulent money drove out actual money, which was gold, at that time, and then, being resourceful, the people at the edges of the criminal separate and sovereign State of Massachusetts, on the Frontier, the ex-revolutionary war veterans, the farmers, began to produce their own home grown money, in the form of Whiskey.
They used Whiskey as currency.
Then the legal criminals, the mercantile interests, the banking interests running their banking interest scams, taxed Whiskey PAYABLE IN GOLD.
There was no gold.
Get it? Do you realize the full measure of the fraud yet?
How absurd can the legal criminals get? Taxing ex-revolutionary war soldiers who know exactly why all the gold was driven out of the State by the abuse of the legal money power, where those same ex-revolutionary war soldiers, the smart ones, the educated ones, those self-educated ones, knew that the mercantile interests had profited from The War for Independence, selling war supplies that never arrived, or arrived too late, or arrived as poor quality poor substitutes for what was needed, and they knew that the suppliers where paid in gold, and they knew that the suppliers had no-bid contracts, and exclusive licenses, and they knew that their own pay, the pay paid to the revolutionary war soldiers, for having drove off the British legal criminals, was worthless banking fraud paper money, not powerful colonial script, not gold, not silver, and not competitive money, and they knew that their farms were badly maintained, in their absence, and they knew that they were facing foreclosure, and they knew that the banks legally devalued the legal currency, and they new that the mortgagers demanded gold, not funny money, and they knew the score, and so they continued the war for independence, against the new criminal bosses, after having driven out the old ones, but they failed, they were defeated by the legal criminals running the Massachusetts State government; which was then a sovereign and separate State within an experimental Democratic Federated Republic under The Articles of Confederation. They went to Vermont, a better, higher quality, and lower cost State in the voluntary Union. How nice can it get?
Who do you think was sent the bill for all expenses consumed by the legal criminals as they crushed "so fatal a spirit" in Massachusetts, as those criminal governors suppressed that legal rebellion, crushing that same Spirit of 1776? What did the legal criminals demand as payment to cover expenses when they decided to crush that rebellion, from those who paid for all those expenses?
A. Gold
B. Their own fraud money
C. Punishment (for failure to pay)
It isn't a puzzle. It is a routine. Buy stuff with the legal fraud money, and demand payment in things of value, titles to land, whatever has more power to purchase.
The federal government acknowledges that such coins are legal tender at their face value, as they were issued by the U.S. government. But when it comes to income taxes owed by the employees who received them, the IRS suddenly deems the coins to be worth their full market value as precious metals.
When they are backed into a corner, by their competitors, when they lose World Reserve Currency Status, to their competitors, they will demand from you, something that they know that you don't have, and you had better get it, fast, or else.
Is that simple to understand?
This is not news. This is an old, old, old, routine.
In one word:
Obey
That is it. That is as simple as that story gets. That is the sound bite. That is the entire message. Any additional text is still the same message, just greater detail, same message.
These cases highlight the fact that a government monopoly on the issuance of money is purely a method of central control over the economy. If you can be forced to accept the government's increasingly devalued dollar, there is no limit to how far the government will go to debauch the currency. Anyone who attempts to create a market based currency – meaning a currency with real value as determined by markets – threatens to embarrass the federal government and expose the folly of our fiat monetary system. So the government destroys competition through its usual tools of arrest, confiscation, and incarceration.
That is a kinder way of reporting the facts. Ron Paul is kinder, he is a medical doctor, a kind man. I'm not so kind. The legal criminals are not making a mistake, they are not fools, their system is not failing, it is working perfectly for them at the top, it is designed to destroy the production of surplus wealth, and destroy all competition where ever and when ever competition arises, and it is designed to transfer all power to the few who know, accurately, just exactly how well the criminal operation is working, and you don't, it is a secret.
Even questioning it is against the law.
Ron Paul is committing a crime by questioning it.
You doubt the accuracy of my report to you?
Forget about me. Look at the actual law:
http://www.archives.gov/exhibits/charters/constitution_amendments_11-27.html
AMENDMENT XIV
Passed by Congress June 13, 1866. Ratified July 9, 1868.
Note: Article I, section 2, of the Constitution was modified by section 2 of the 14th amendment.
Section 4.
The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.
You can't, for the life of you, connect those dots?
The gap is too wide?
Too much construction on my part?
Too much reading between the lines?
I'm fabricating falsehoods?
I am?
This is why I have taken steps to restore the constitutional monetary system envisioned and practiced by our Founding Fathers.
Which founding fathers? Alexander Hamilton?
Alexander Hamilton was a Nationalists and the actual people who supported a working Democratic FEDERATED Republican form of government experiment, in opposition to those Nationalists, where called by the Nationalists: Anti-Federalists.
There were two, separate, and competitive founding father groups.
A. The Nationalists (flying a false flag of Federalism)
B. Those who supported Federalism (those who were called Anti-Federalists by the Nationalists, and the mud stuck)
Which founding fathers?
Hamilton wanted a National Bank, based upon the British model, a debt based system of criminal control.
Which founding fathers?
Benjamin Franklin has been quoted as being in support of Stamp Script, which was reported to be the working legal money used in the colonies before The British outlawed Stamp Script use in The Colonies.
Ron Paul may be cutting his report down to a sound bite, which he is exceptionally capable of doing, in the effort to reach more people, sooner, a measure of expedience.
I'm not so disciplined, as you are probably fully aware.
I recently introduced HR 1098, the Free Competition in Currency Act. This bill eliminates three of the major obstacles to the circulation of sound money: federal legal tender laws that force acceptance of Federal Reserve Notes; "counterfeiting" laws that serve no purpose other than to ban the creation of private commodity currencies; and tax laws that penalize the use of gold and silver coins as money. During this Congress I hope to hold hearings on this bill in order to highlight the importance of returning to a sound monetary system.
Specialists are hired by employers to work out details of things that require a special discipline, even talent. Editors, for example.
Some employers hire liars. Some do so on purpose. Some are fools.
I do not think that Ron Paul is a paid liar, he is exceptional in that regard, in that place, in that den of thieves. He is the exception to that rule, and that rule has been enforced since 1788, on that dark day of ratification, against the very detailed warnings reported by the opponents of that usurpation, what it will bring, and what it did bring into being.
Allowing market participants to choose a sound currency will ensure that individuals' needs are met, rather than the needs of the government. Restoring sound money will restrict the ability of the government to reduce the citizenry's purchasing power and burden future generations with debt. Unlike the current system which benefits the Fed and its banking cartel, all Americans are better off with a sound currency.