Comments on: Ron Paul Bill Seeks Coin and Bullion Tax Ban

By: George Washington

George Washington — Tue, 17 May 2011 18:48:14 +0000

Ron Paul understands, more than anybody, how this economy works. As Congressman he regularly bumps heads with the “Fed” head chairperson and makes him eat his words.

America needs Mr. Paul to begin applying and leading this nation towards an economy of health by promoting;
strong dollar (by gold/silver backing)
true free market free of Federal interference (state regulated)
Strong National Defense
personal freedoms that are protected
and more

Constitutionally, legislatively, and morally, Ron Paul has no equal. His 22 year voting record speaks for itself. The World is watching. Ron Paul for President in 2012.
Thank You

ttp://www.issues2000.org/tx/Ron_Paul.htm The facts speak for themselves

By: John David Galt

John David Galt — Tue, 21 Dec 2010 18:02:53 +0000

Booms and busts did not necessitate a central bank, they are results of it. Milton Friedman and others proved this decades ago.

When there were competing, legal currencies, debasing one form or brand of “money” (whether by adding base metal to coins or by printing unbacked paper currency) could not cause a general boom or bust; it simply meant people spent the bad “money” like hot potatoes (for as long as they could get anyone else to take it) while hoarding the better forms of money. This held true even under the Constitution before 1913, because ordinary banks could and did print their own notes.

As for “fiscal and monetary policy,” that is just a fancy name for government defrauding people by debasing our money after making it a monopoly, and is done as a way to conceal from voters the real cost of government. Such deceptive measures are a major reason that government has become the overgrown monster it is today. Let government tax us openly, or do without!

By: political forum

political forum — Tue, 05 Oct 2010 04:02:07 +0000

I don’t think it’s a good idea to introduce competing currencies to the United States. For someone who claims to be a constitutionalist, Paul’s proposal goes against one of the signature achievements of the Constitution: the elimination of the many currencies floating around the states under the Articles of Confederation.

Paul’s ideas about money are just out of date and have no place in a modern economy where the economy goes through booms and busts and a central bank and federal government need to use fiscal and monetary policy to compensate.

Oliver

By: Christopher Neal Wyatt

Christopher Neal Wyatt — Fri, 29 Jan 2010 14:00:25 +0000

The act of creating money is that which most singularly defines the sovereign power of any state. In a perfect world- one which was ruled by wise men, who desire both peace and justice– National Currencies would be circulated alongside private ones, as it was in this nation prior to the Federal Reserve Act of 1913. Unfortunately, we do not currently live in such a world.

While I praise Ron Paul’s efforts, I am skeptical that such a bill will ever make it past the President’s desk. The problem is that Today, U.S. Dollar has been rendered worthless due to a century of inflationary measures (i.e., DEBT), and therefore the only way that such a devalued piece of paper is still accepted as payment worldwide is the monopoly it enjoys as currency here in the U.S., the World’s largest economy. If we were to take that monopoly way, the U.S. Dollar would no longer remain the World’s Reserve Currency- and no one should expect the Federal Reserve Bank to give up so easily.

“Give me control of a Nation’s Money, and I care not who writes it’s Laws.” – Mayer Rothschild