"Perhaps the sentiments contained in the following pages are not yet sufficiently fashionable to procure them general favor; a long habit of not thinking a thing wrong gives it a superficial appearance of being right, and raises at first a formidable outcry in defence of custom...A long and violent abuse of power is generally the means of calling the right of it in question..."
~Thomas Paine, Common Sense

Thursday, September 24, 2009

Ron Paul on the G-20 Summit and economic crisis


Nyall and Jennifer said...
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Eric said...
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Eric said...

You're exactly right Jen. There have been and will continue to be a series of G-20 meetings. We don't know all that they discuss but the end result will definitely be World Bank/IMF reform, probably making them a lender of last resort for central banks which means essentially making them a Federal Reserve for the whole world. The Fed is currently in the process of destroying the dollar which will cause the nations of the world to dump the dollar as their reserve currency and call for a new world reserve currency (which is already happening) and force us to accept a new currency to replace the dollar. This has been in their plans for a long time, we just live at a time when it is actually happening.

The Iran thing was ridiculous. It's Bush and his clan all over again.

Parker said...

Hey guys. Thought I'd leave a comment or two. The problem with having a centralized currency is that it is homogeneous. Newly printed dollars are no different than dollars printed decades ago. So people who have worked hard and saved their money can quickly loose the value of it due to inflation. If, for example, we had made "bail out bills" for the 700 billion dollar bail out, businesses could have accepted two "bail out bills" to every one normal dollar bill, and thus retain the value of the older dollar. Money is just a representation of work/labor and these secret combinations are really enslaving us, but people don't understand this because they can't see the tangible chains and locks. Effective control