Ron Paul, CBS, and the Fed, as in Federal Express



Kurt Nimmo
TruthNews

November 7, 2007Kevin Drum, adult, has it out for Ron Paul:
Ron Paul raised a buttload of money yesterday. This doesn??t really change anything, and everyone knows it, but I guess it??s something to write about. So people are writing about it.

No kidding. Drum used this noun??if it rates as a noun: ??buttload.? And Mr. Drum is considered a columnist over at CBS. Drum pretends Ron Paul??s remarkable ability to raise millions of dollars for his presidential campaign ??doesn??t really change anything.? In other words, no matter what Paul does, Drum will dismiss it because ??Paul??s extreme, uncompromising positions really don??t mean a thing.? Let??s allow Drum to amplify:
They don??t reflect either well or badly on him. They??re meaningless, and I wish grown adults who know better would stop pretending otherwise. Ditto for his ??record breaking? fundraising day, which is just a function of (a) the growth of the internet as a political money machine and (b) the curious but well-known fact that technophiles are disproportionately libertarian.

In other words, libertarians, a number of them ??technophiles? (i.e., they like computers and iPods, I suppose), are ??infants,? they really don??t count, and the adults, like Drum, will vote for Hillary or Mitt or the sincerely scary neocon Rudy. Adults buy the same old crap every election cycle. Adults are authoritarians and libertarians are kids playing with toys.
But I will say this: if Ron Paul really is suddenly a ??serious? candidate, then I expect him to start getting some pointed questions at the next debate. In the last Republican debate I saw, this noted truth-teller gave a strange and convoluted answer about his economic policies that the audience plainly didn??t understand. Next time I expect to see some straight talk about how we should return to the gold standard and get rid of the Fed. This should be followed by a question about whether he supports the free coinage of silver at 16:1. Then some questions about the tin trust.
Obviously, the man has a ??buttload? of ignorance to spare. But then that puts him up there unfortunately with the vast majority of the American public. It is not Ron Paul??s fault ??the audience plainly didn??t understand? that the Federal Reserve is about as federal as Federal Express, that is to say it is a private central bank.
Mr. Drum, it should be easy to understand, even for the average American adult: the paper money issued by the Federal Reserve is fiat money, that is to say it is based on nothing, not on gold or, yes indeed, tin. Because it is based on a ??buttload? of nothing??please excuse the plagiarism??there is no restraint on how much of it can be cranked out by Federal Reserve??as in Federal Express or Federal Plumbing. Because of this the non-federal banks associated with the non-federal reserve can create an unlimited, sky-is-the-limit amount of credit. But the more money that is printed the less valuable it becomes. Because it is based on nothing??not gold, not tin, not peanut shells, nothing of substance.
It really is not all that difficult to understand, Mr. Drum. Even an adult sitting pretty at a ??debate? or ??town hall meeting? should be able to understand.
Our money is not based on anything of substance. It is based on confidence??and once that confidence is gone, you have big problems.
In the beginning, it is called inflation??and then its called hyper-inflation.
Remember those pictures of German adults with wheelbarrows stacked with Deutsche Marks going to market to buy a loaf of bread for their kids? That??s where we are heading, Mr. Drum, and you may wish to poke a ??buttload? of fun at Ron Paul, who believes in sound monetary policy, and call him an ??infant,? and dismiss his supporters as technophiles and internet navel-gazers, but that will not stop the fact we are headed for disaster, due mostly to funny money printed by bankers no more federal than Federal Dry Cleaning.
But then you work for CBS News, so your attitude is quite understandable. CBS, of course, was founded by William Paley, who worked closely with the CIA to turn corporate media into a government propaganda leviathan. Paley??s no longer with us but his effort works like a dream as corporate media and government propaganda are pretty much indistinguishable these days. In fact, one can fairly say the corporate media is the official propaganda wing of the government.
Ron Paul would naturally put an end to all that nonsense.
And no doubt that is of concern for corporate adults such as yourself, Mr. Drum.
I mean, you??d have to find real work, wouldn??t you?
And a job where using the word ??buttload? as a noun in a supposedly serious and professional venue would not likely be looked upon as real work.