Ron Paul Sound Financial Currency
Ron Paul continually repeats over and over again that he wants to see the U.S government have a sound financial currency, and he appears to be the only congressman who really understands what is happening to the U.S dollar.
America is still the issuer of the reserve currency of the world, and it is a temporary blessing for the U.S, that it still remains that way. The U.S dollar is now Americas number one export and to this point countries have been happy to take the U.S dollar as the accepted world medium of exchange, however that interest is now starting to waiver with India wanting to buy their goods Internationally using Gold instead.
Ron Paul is the only American politician who understands that America is heading for a giant thud in its monetary system, and unfortunately will again miss out on his final push to become the next American President, because most Americans see him as too extreme and are too naive at see what is happening to their once great nation.
And what is the truth? The Federal Reserve have printed Trillions of U.S paper dollars to meet the growing interest debt of the money it currently owes other countries like China, and the losers in that exchange is the American taxpayer, who pays his or hers taxes like subservient puppets into the future.
Americans must understand that the U.S dollar today has a spending power of around.03c compared to the dollar back in 1980, and that the Federal Reserve is now quickly bleeding every ounce of life still left in the U.S dollar, by continually printing more and more of their fiat paper currency.
Michael Maloney says that conventional ignorance across America is what is causing peoples wealth to deteriorate, and by looking back into monetary history and what has proven to work and what has not, Americans should then understand that sound and solid money will inevitably end up being the winner once again.
History has proven that any debt based currency system will always eventually fail and implode on itself. A debt based currency system where people today borrow money into existence and promise to pay it back tomorrow plus interest. The dollars required to pay that interest back don’t even exist yet, so people have to work into the future and go deeper into debt every year as a society, to keep that flawed system functioning.
When Obama took office, America had ac-rude around 11 Trillion dollars of debt and today that has blown out to just over 15.3 Trillion dollars. This proves that America must keep going into further debt to prop up this flawed fiat monetary system, to prevent it from collapsing around them. Unfortunately when it eventually does collapse, it will also take the average Americans wealth with it as well.
America borrows money into existence every day when the federal reserve writes out a check and buys another bond, a bond which is promising to pay back the principal plus interest into the future, using the tax dollars that Americans will be eventually paying, in the future.
A debt based currency system always creates a skewed distribution of wealth, and it is always the banks who receive the bulk of that wealth, however when the system starts to fail those very banks will fall along with the system, that is rewarding them today.
Today people all around the world are tightening their spending and paying down their debts, which is reducing the lending the banks require for this Debt based circus to continue. As these loans start to diminish so too does the need for these banks to exist, and this is why banks worldwide are now shedding staff by the thousands.
Under a hard monetary system, the system will be much fairer to society and the wealth cannot be garnished by those greedy banks. Gold and silver will always account for this greed, and the day is soon coming when Gold and Silver, will again take their mantle as true International money again!
Gavin Mann lives in Australia and trades U.S Futures and Options. His website is totally dedicated to educating those who visit on financial events coming in the next few years, providing well researched information and guidance for the future.
Article Source: http://EzineArticles.com/6933520
Thank you for visiting ronpauldollar.com
Blanket America Is A Charity Who Helps In Numerous Organizations
Author: Blanket america
The Blanket America charitable organization recently pre-launched its Patchwork Heritage charity collection on a national level. The national retail chain JC Penney has made the gathering on the market on its web site for pre-sales and will begin carrying the collection in its stores nationwide on January 23. Amazon.com has given the charity company Blanket America a big boost by making the providing the Patchwork Heritage assortment for pre-sale on its website. The looking network QVC recently debuted the Patchwork Heritage Assortment with monumental success. All signs are pointing to a success launch of the collection.
The Patchwork Heritage Assortment was inspired by President Barak Obama’s inaugural address when he said “We recognize that our patchwork heritage may be a strength, not a weakness.” Too typically Americans find one thing to disagree about. Political gaps are widening in our nation and unity is at a critically low point. Obama known as our nation to action by citing that though we tend to could not agree, we tend to all have one thing we will contribute in order to assist our fellow man throughout these robust economic times.
Since the recession began in 2008, innumerable Americans have involuntarily been plunged into poverty. It is estimated that over thirty five million Americans were living below the poverty line in 2009. The economy is recovering, though it will take time. Job creation is slow and therefore the market is seemingly growing at a snail pace. With the unemployment rate at 10%, it’s obvious that there has never been a higher time to assist fellow Americans.
The Patchwork Heritage Collection may be a buy one, offer one charity. That’s, for each Patchwork Heritage quilt sold, a replacement fleece blanket is donated to charity. Gifts in Kind International has joined the cause and will act as an intermediary to distribute the donated blankets throughout America.
Lester Holt of the These days Show had Mesh Gelman, the creator of Blanket America, on the show so as to spotlight the growing poverty epidemic in America and to show support for the cause. During the show, Gelman pledged 5000 blankets to charity. Since that time, the project has taken off. Blanket America currently has support on Facebook and thru Twitter. It looks that support for the cause is coming in from all venues. It appearance like Blanket America can be an enormous success.
About the Author