Ron Paul

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Filed in Bank Gold, Gold, Ron Paul, silver by on July 12, 2010 0 Comments

News Update: Alleged Faulty Blowout Preventer Could be Culprit in BP Plc Oil Spill · SILVER & GOLD Bullion Collection – from a Regular Guy · THE FED DID IT!!! Ron Paul & Peter Schiff Were Right!!! Latest Stock Investment Auctions …

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Marc Faber: "Governments have become like a cancer"

Marc Faber: "Governments have become like a cancer"

Needless to say, but when you write something called “The Gloom, Boom & Doom Report” you lean towards the morose. Here’s the word from Marc Faber at his bearish best…. From CNBC by Antonia Oprita entitled: Government Expanded ‘Like a Cancer’: Marc Faber Governments have intervened too much in free markets since the crisis started, to the point that they are affecting the health of the world economy, Marc Faber, the author of “The Gloom, Boom & Doom Report” told CNBC Thursday. Later on Thursday, leaders of the 27 European Union member states will discuss ways of strengthening fiscal discipline in the bloc and tightening financial regulation to prevent another economic crisis. In the US, despite criticism about the way it handled the crisis, the Federal Reserve is set to become the most powerful financial regulator under a financial reform bill being discussed in Congress. “I think that governments have become like a cancer, they have expanded in the financial system,” Faber said. “I think the biggest problem is too much intervention. Whatever the government touches is usually done worse than in the private sector,” he said. Markets usually give signals when something goes wrong but, if the government is to intervene, as is the case of the European Central Bank, the Federal Reserve and the Bank of England’s bond buying, government intervention hides these signals, according to Faber. “I think any government intervention has unintended consequences and is negative,” he said. When there is intervention, “eventually the market will break the intervention and things will blow out.” Supporters of past government interventions to boost money in the economy have said that without them the world economy would have been in much worse shape now, with unemployment much higher and more companies going bankrupt. “Yes I am familiar with this line of argumentation,” Faber said. “The Keynesians will all say … we would be in a depression now. But it’s not clear to me that this is correct.” In that regard, here’s an interesting video from abroad where Faber discusses his market outlook. Good stuff. Related Articles: Black Swan: ‘Don’t give a debt junkie more debt’ The $19.6 Trillion Debt Bomb Ron Paul on the Euro, Greece, and The Fed Roubini on Greece: The Tip of the Iceberg To learn more about Wealth Daily click here. Advertisement How You Could Make 508% Gains Off the End of Offshore Drilling Deep-sea drilling is

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Greece Cut to Junk

Filed in Debt, euro, Gold, Gold Market, Ron Paul, sov by on June 14, 2010 1 Comment
Greece Cut to Junk

This doesn’t really come as much of a surprise, but Greece has been finally cut to ‘junk’… From Bloomberg by Ben Martin entitled: Greece Cut Four Steps to Junk by Moody’s on Economic ‘Risks’ “ Greece’s credit rating was cut four steps to non-investment grade, or junk, by Moody’s Investors Service, which cited the country’s economic “risks.” The rating was lowered to Ba1 from A3, Moody’s said in a statement today from London. The outlook is stable, it said. Greece is already rated junk by Standard & Poor’s. The European Union last month announced a rescue package of almost $1 trillion, with support from the International Monetary Fund, to shore up the finances of the region’s weakest economies amid concern that governments will struggle to narrow their budget deficits. “ It’s a significant downgrade,” said Kevin Flanagan, a Purchase, New York-based fixed-income strategist for Morgan Stanley Smith Barney. “It’s not a surprise to people, but the timing and magnitude is what has taken Treasuries off the lows and is providing some support.” The yield on the 10-year Treasury note rose six basis points to 3.30 percent, after rising to 3.33 percent. “ The Ba1 rating reflects our analysis of the balance of the strengths and risks associated with the euro-zone-IMF support package,” Sarah Carlson, vice president-senior analyst in Moody’s sovereign risk group, said in the statement. S&P cut Greece’s credit rating to non-investment grade on April 27, the first time a euro member lost its investment-grade since the euro’s 1999 debut. S&P warned that bondholders could recover as little as 30 percent of their initial investment if the country restructures its debt.” Drip, drip, drip…the torture continues. Related Articles: Roubini on Greece: The Tip of the Iceberg Ron Paul on the Euro, Greece, and The Fed Chanos on Greece, The Euro, and China Greek Crisis and Opportunity To learn more about Wealth Daily click here Advertisement Investors to Gain 171% as Canadian Province Pulls the Plug on Coal and Oil As you read this, British Columbia is forcing its coal/oil power industry out of business. While funneling over $30 billion to a new generation of companies to fill the void. One in particular is about to nearly triple its market capitalization off a single hydro project! Don’t wait to read about it in the Wall Street Journal . Get the name and ticker symbol right now . Greece Cut to Junk originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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John Dennis Wins in CA 8! Will Challenge Pelosi in November

Filed in Bank Gold, Gold, Gold Spot Market, Ron Paul by on June 9, 2010 0 Comments

Needless to say (but I’ll say it anyway), this race has HUGE NATIONAL SIGNIFICANCE. Can you imagine a Ron Paul endorsed Republican knocking off Speaker of the House Nancy Pelosi, in liberal San Francisco??? It is possible. Freedom is popular, and nowhere is it more popular than in San Francisco. WRH permalink

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The $19.6 Trillion Debt Bomb

Filed in Debt, economy, Gold, GOld juniors, Ron Paul by on June 9, 2010 1 Comment
The $19.6 Trillion Debt Bomb

Watching TV last night I was struck again by how time flies. There on the screen was former President Bill Clinton waxing romantic about baby boomers with Tom Brokaw. It was at that moment when I wondered exactly where all the time has gone. Has it really been that long ago? The troublesome part was that I was 29 when Clinton was elected. Today, I’m 46—the same age Bill was when he became President. In the blink of an eye, 18 years had slipped quietly by. That’s why the prospect of the next five years keeps me awake at night. It will be here before you know it….along with the massive bill. After all, you can’t kick the can down the road forever. From Reuters entitled: U.S. debt to rise to $19.6 trillion by 2015 “ The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress. “The president’s economic experts say a 1 percent increase in GDP can create almost 1 million jobs, and that 1 percent is what experts think we are losing because of the debt’s massive drag on our economy,” said Republican Representative Dave Camp, who publicized the report. He was referring to recent testimony by University of Maryland Professor Carmen Reinhart to the bipartisan fiscal commission, which was created by President Barack Obama to recommend ways to reduce the deficit, which said debt topping 90 percent of GDP could slow economic

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A Tea Party to Nowhere

Filed in Bank Gold, Debt, economy, Gold, lead, Ron Paul, sov by on June 3, 2010 0 Comments
A Tea Party to Nowhere

Philip Giraldi Campaign For Liberty June 3, 2010 The Tea Party phenomenon has attracted a good deal of both good and bad attention in the media. Though it would perhaps be a stretch to describe it as a movement in that it has only limited organization and focus, it does tap into a genuine disconnect between the American people and the federal government in Washington. Most Tea Partiers claim to want smaller and cheaper government, less interference from Washington in their daily lives, and fewer programs that are intended to socially re-engineer the nation. So far, so good, but then comes the huge failure to comprehend that is as wide as the Grand Canyon. Most also want a strong, assertive national defense and are supporters of an aggressive foreign and security policy. Tea Partiers have unfortunately been fed a line of hokum by politicians aided and abetted by the mainstream media. They fail to understand that it is precisely the interventionist defense and foreign policies that are driving the bad things they see in government. It is easy to forget that when Bill Clinton left office in 2000 there was a budget surplus. Ballooning defense and security spending since that time, all accomplished without raising taxes, has been the engine of growth for a $13 trillion national debt, a total that increases by $4 billion every day. The United States now accounts for 45% of the entire world total for military spending, euphemistically referred to as “defense.” The Pentagon budget has gone from $432 billion in 2001 to a projected $720 billion in 2011, not including the costs of the wars in Iraq and Afghanistan. The Federal Government is twice as big as it was in 2001 and there has been the creation of major new bureaucracies at the Department of Homeland Security and the office of the Director of National…

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“Rise Of The New Right” MSNBC Documentary Cites Alex Jones, Rand Paul As “Extremists”

Filed in Bank Gold, glenn-beck, Gold, Gold Spot Market, Ron Paul by on May 28, 2010 0 Comments
“Rise Of The New Right” MSNBC Documentary Cites Alex Jones, Rand Paul As “Extremists”

Network’s sustained propaganda attack on grass roots, anti-establishment set to continue Steve Watson Prisonplanet.com Friday, May 28th, 2010 MSNBC has begun airing trailers for an upcoming documentary, which the network has titled “Rise Of The New Right”, that prominently features interview footage with Alex Jones. The show, to be broadcast on June 16th, is presented by Hardball host Chris Matthews and will include segments of an interview Matthews conducted with Jones earlier this year in Austin, Texas. “There’s a rising tide on the right voiced not just by extremists but by recruits from the neighborhood.” Matthews states in the trailer, which also features footage from Rand Paul’s victory speech after he won the Kentucky primary two weeks ago. “The Tea Party is determined to take power – what does that mean for America?” Matthews continues, as the trailer cuts to Alex saying that America has fallen into deep tyranny. “I’m Chris Matthews with a hard look at the rise of the new right” the MSNBC anchor states as the trailer ends. The slick graphics include an image of the Gadsden flag. The iconic flag depicting a rattlesnake with the words “Don’t tread on me”, dates from around 1775 and was used by The United States Marine Corps as an early motto flag. Apparently MSNBC now think it’s an extremist right wing symbol. Real Clear Politics blog, which refers to Alex as a “radical conspiracy theorist” has a video of the trailer here . When Chris Matthews asked the Infowars team if he could travel to Austin to interview Alex some months ago, the general consensus was that MSNBC was preparing another hit piece on the freedom movement and the alternative media, targeting Alex as a key figure. Alex has had previous run ins with the network, and with Chris Matthews , however, despite these misgivings Alex…

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The Alex Jones Show – ARCHIVE – May 26th With Ron Paul

Filed in Bank Gold, Gold, Ron Paul, ubs by on May 26, 2010 0 Comments
The Alex Jones Show – ARCHIVE – May 26th With Ron Paul

Alex talks with Ron Paul , a physician and Republican Congressman for the 14th congressional district of Texas. Paul is the founder of the advocacy group Campaign for Liberty and his ideas have been expressed in numerous published articles and books, including End The Fed and The Revolution: A Manifesto. Ron Paul has the most Constitution friendly voting record of any member of Congress since 1937. Alex also talks with Walter Burien , an advocate for government fiscal accountability and budgeting. Burien’s documentary, The Biggest Game in Town, exposes government theft behind Comprehensive Annual Financial Reports. Watch the video archive and access the high quality MP3 by logging in at Prison Planet.tv and clicking on the “LIVE” page. MEDIUM QUALITY FREE MP3 FILE: http://rss.nfowars.net/20100526_Wed_Alex.mp3 Not a prison planet.tv member? Consider the great benefits of subscribing – click here .

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Racist Government Imposed Segregation Laws, Not 2-Year-Old Rand Paul

Filed in Bank Gold, Gold, Gold Spot Market, Ron Paul by on May 24, 2010 0 Comments
Racist Government Imposed Segregation Laws, Not 2-Year-Old Rand Paul

Rachel Maddow wants to give government who enforced brutal and racist segregation laws power to regulate First Amendment Paul Joseph Watson Prison Planet.com Monday, May 24, 2010 In an interview with Alan Colmes, Ron Paul points out that it was the government who enforced segregation laws, not his son Rand Paul, who is being branded a racist by the attack dog media for simply re-affirming the fact that even unpopular aspects of the First Amendment must be protected for it to stand for anything. As we have exhaustively documented, the corporate media was intent on manufacturing a contrived race baiting scandal around Rand Paul even before the Civil Rights Act argument cropped up. In the immediate aftermath of his crushing defeat of establishment neo-con Trey Grayson, the media attempted to characterize the Kentucky primary winner as a racist elitist simply because he held his victory celebration at a country club. When this attempt to smear Paul fell flat on its face, the Civil Rights sideshow was ramped up, with MSNBC airing eight different segments totaling 37 minutes with every single guest attacking Rand Paul as a closet racist who wants to repeal the Civil Rights Act, something which he never said. Every single news network, along with a plethora of establishment liberal and neo-con blogs, parroted the talking point to the point where Paul had been demonized as some kind of …

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Shadowy Schemers Converge on Spain

Filed in Federal Reserve, gld, Gold, Gold Spot Market, Ron Paul, sov by on May 24, 2010 0 Comments

James P. Tucker, Jr. American Free Press Monday, May 24th, 2010 As the super-secret Trilateral Commission (TC) was meeting behind locked and guarded doors at the luxurious Four Seasons resort hotel in Dublin, Ireland May 8, participants were upset to learn that awareness of their evildoings was surging in the United States. The same day, the Republican Party of Maine threw out its Establishment-approved platform and adopted a manifesto that denounced “efforts to create a one-world government,” called for abolishing the Federal Reserve System and ridiculed global warming as a “myth.” Each of these matters is dear to the hearts of members of the Trilateral Commission and its brother group, Bilderberg. Their traditional goal is world government, and these stateless plutocrats have exploited the hysteria over “global warming” for profit. Maine’s Republicans also praised the tea party movement and support Rep. Ron Paul (R-Tex.) and his son Rand Paul, who won the GOP Senate primary in Kentucky May 18. Maine’s Republicans said, “Healthcare is not a right.” They say, “Eliminate Motor Voter”; “Reject the UN Treaty on the Rights of the Child”; “Eliminate the Department of Education”; “Arrest and detain . . . anyone here illegally, and then deport [him], period.” Similar demands are being made by a growing number of congressmen and other officials throughout the country, and this is distressing to the Trilateral-Bilderberg elite. The health control law proclaims a “right” to care and imposes an unconstitutional requirement that private citizens buy private healthcare or pay a fine. Yet the central government has no constitutional power to compel individuals to buy any product from a private party. “Motor Voter” was imposed by President Bill Clinton in 1996 to register illegal aliens, mostly Hispanic, so they could illegally vote for him. The illegal immigrant would apply for a drivers license and be automatically registered to vote at the same time. Many were unaware they could vote until jerked off their porches on Election Day and shoved into a voting booth with a filled-out sample ballot in their fist. Patriots, once educated on the issue, strongly oppose the UN’s “child’s rights” treaty. No, they don’t hate children, as the internationalists shout. This treaty would allow UN bureaucrats to enter your home and bully you if your child (or a neighbor’s child) complains. It is another attack on the family and national sovereignty by advocates of world government. Former President Jimmy Carter, who was recruited into

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Despite Establishment Smears, Rand Paul Is Crushing His Democratic Opponent In The Polls

Filed in gld, Gold, Gold Spot Market, lead, Ron Paul by on May 21, 2010 0 Comments

Rasmussen Reports Friday, May 21. 2010 Rand Paul, riding the momentum of his big Republican Primary win on Tuesday, now posts a 25-point lead over Democrat Jack Conway in Kentucky’s U.S. Senate race, but there’s a lot of campaigning to go. A new Rasmussen Reports telephone survey of Likely Voters in Kentucky, taken Wednesday night, shows Paul earning 59% of the vote, while Conway picks up 34% support. Four percent (4%) percent prefer some other candidate, and three percent (3%) are undecided. (ARTICLE CONTINUES BELOW) Paul consistently led Conway prior to winning the Republican primary, but had never earned more than 50% support. Conway has been stuck in the 30s since the first of the year. Last month , Paul posted a 47% to 38% lead over the Democrat. Paul, an ophthalmologist and son of maverick GOP Congressman Ron Paul, defeated Trey Grayson, Kentucky’s secretary of state, by a 59% to 35% margin in Tuesday’s Republican Primary. Conway, the state’s attorney general, on the other hand, just barely edged Lieutenant Governor Daniel Mongiardo 44% to 43% on Tuesday to capture the Democratic Senate nomination. Full story here.

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Forget Sarah Palin: It’s Rand Paul’s moment and Ron Paul’s opportunity

Filed in Gold, Ron Paul by on May 19, 2010 0 Comments

The Hill | Paul’s win sends cold chills up the spines of Washington Republicans, and it may well force the media to take a close look at what happens if Ron Paul runs for president.

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