Joel Skousen - We Must Support Ron Paul

Excerpts from Joel Skousen warning us about troubled times to come, and why we should support Ron Paul. Here are some more excerpts from Ezra Taft Benson, regarding the Federal Reserve and currency devaluation: "The root of all evil is money, some say. But the root of our money evil is government. The very beginning of our troubles can be traced to the day when the federal government overstepped its proper defensive function and began to manipulate the monetary system to accomplish political objectives. The creation of the Federal Reserve Board made it possible in America for men arbitrarily to change the value of our money. Previously, that value had been determined solely by the natural interplay of the amount of precious metals held in reserve, the value men freely placed on those precious metals, and the amount of material goods which were available for sale or exchange. (An Enemy Hath Done This, pp. 213-14.) The pending economic crisis that now faces America is painfully obvious. If even a fraction of potential foreign claims against our gold supply were presented to the Treasury, we would have to renege on our promise. We would be forced to repudiate our own currency on the world market. Foreign investors, who would be left holding the bag with American dollars, would dump them at tremendous discounts in return for more stable currencies, or for gold itself. The American dollar both abroad and at home would suffer the loss of public confidence. If the government can ...



http://www.youtube.com/watch?v=vPjLjdgrV6c&hl=en

0 comments: