Termyn8or
Posts: 18681
Joined: 11/12/2005
Status: offline
|
Using FR
I'm not saying that I don't care what people think but ..........
Dr. Paul should do well in that post. He might not know every last thing about the monetary policy, but he has some horse sense.
First of all even if he wanted to abolish the fed, he can't. I'll have to take a look at exactly what power is vested in that position, but it seems to me that some horse sense would be a good thing. The fact is we are getting close to the point where we will not be able to pay the interest, which is default almost the same as just defaulting completely. When faith and credit are gone, what backs our currency ?
For one thing Paul would most likely be more fiduciarily reponsible. He can't completely fix this mess, but whatever power he has will no doubt be used to at least not make the situation worse. The argument about auditing the fed is moot. It would cost more than it's worth, and I don't mean just in dollars. The faith and credit of this government is already wearing thin, we don't need any more proverbial nails in the coffin. Once that "faith and credt" is gone what is to back the almighty buck ?
It is also likely that he was chosen for that position to put him in the hot seat if TSHTF soon. They have to have some idea of all the money spent that we simply don't have. In a big crash would he be best to manage the fall ? Remains to be seen, but I have more confidence in Paul than any of the other possibilities.
The fact is the debt had started building up before we were born, our Parents left it for us to pay. We don't have the money. If the whole thing doesn't come tumbling down, we will leave the debt for future generation(s) to pay, or upon which to default. One scenario is bad and the other worse. Which is which, nobody knows. The only other option is to put the brakes on now and hard. This would cause hardship, but I think less severe. The problem here is no matter how responsibly he uses that power, he does not have any more control over the federal budget than any other congressman. If the rest spends money that he refuses to allow the fed to float, it's a default anyway. I'm not even sure he could do that anyway.
So exactly what does that post entail ?
If I were in a position of power, I'm not sure what I would do. Anything or nothing would be bad, but it is already set, it's just a matter of managing the fall somehow. The time for Paul to have that post was fifty years ago, when things actually could be fixed with alot less sacrifice. And Hunky's people are right, when the coffers run dry, they will come for our retirement rather than their own. All of this costs us. Their idea is to put money in their pockets, not to take it out. When it comes to most congressmen and senators, it's been proven that you can't even trust them with a checkbook. (house banking scandal, about the overdrafts a decade or two ago) And these people we trust with our money ? If Ron Paul can somehow take anything away from these gluttons and molochs, more power to him. This shit has to stop. What is the budget for 2011 ? Trillion bucks give or take ? Guess who gives and guess who takes.
I will be very interested in seeing what happens next. I like to think that I can predict certain things, and I have. But this one is a bitch. I am not sure what he can do, and even is I knew exactly what he can do and asked me what he should do, I would have to think on it. It's a rough ride no matter what.
I don't know if I would want Dr. Paul as President. The problem here is that I am sure that I don't want certain others. Like Obama, Bush, Clinton, the other Bush (and I used to like him), Reagan, or for that matter JFK, Wilson or your beloved FDR. Even Lincon and Washington were not the fucking towers of virtue some people think.
But Ron Paul should probably be right where he is [going]. You may assert that you know more than he, and not being inside your mind I have no idea if that's true or not. However I doubt any of the correspondents on this forum are in contention for the job. So even if you know more, who would be better, FROM THE POSSIBLE CANDIDATES for the position ?
That particular item stickies up the wicket a bit wouldn't you say ?
T
|
RE: Ron Paul Taking a Lead... - 
Profile
New Messages
No New Messages
Hot Topic w/ New Messages
Hot Topic w/o New Messages
Locked w/ New Messages
Locked w/o New Messages
Post New Thread