Posts Tagged ‘Federal Reserve’
Blame the Market, Everybody’s Doing It
I think it’s safe to say that our country is going through some very challenging times. As if a war half way across the world isn’t enough, we have now been hit with a recession touted as being the worst since the Great Depression. While the US has weathered other recessions that could arguably be considered worse than the current one, none of those were near as threatening. The US has never been in such terrible financial shape while going through such a crisis. This is not to say that we were in good shape at the time of the Great Depression. However, our current national debt, which makes the debt of the early 20th century seem like chump change, is threatening this country in ways never before experienced.
There is a lot of finger pointing going on, mainly by our politicians who don’t want blame to fall on their shoulders. The government’s main culprit thus far has been the greed of corporate executives. Our situation has transformed into another blame game where the free market is destined to lose. The strategy of big government during recessions is to blame capitalism in order to gain support for more governmental regulations. If the market gets better, the politicians cheer the effectiveness of the new regulations. However, if the market should go deeper into recession, the government claims it is because not enough regulations were instituted. Do you see how this is a tad bit unfair to capitalism? How will the free market ever get a chance under these unjust critiques?
Anybody claiming the free market caused this crisis should seriously reconsider. The US is not a free market economy. We haven’t had a free market since the Federal Reserve (a.k.a. the Fed) was established in 1913. A free market cannot exist in a society where interest rates are controlled by a central bank.
Thomas Woods Speaking at Ole Miss
MEDIA ADVISORY
For April 15, 2009
FOR IMMEDIATE RELEASE
CONTACT: YAL – Ole Miss Chapter
WHEN: Thursday, April 23, 2009
7:30 p.m. – 9:00 p.m.
WHERE: Bishop Hall Room 209
University of Mississippi
501 Fraternity Row
University, MS 38677
WHO: University of Mississippi Young Americans for Liberty
University of Mississippi Constitutionalists
WHAT: Public Speech by Thomas Woods, author of Meltdown.
WHY: The University of Mississippi Young Americans for Liberty have teamed up with the UM Constitutionalists to attract Thomas Woods to speak on the Ole Miss campus. Woods, author of the New York Times Bestseller Meltdown: A Free Market Look at why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse, will be offering explanations on what caused our current recession and free market approaches to fixing the problem. The two on-campus organizations hope to stir up some discussion among the student body and in the local community on the costs and consequences of what the US government is currently doing to combat the ailing economy. His book has already gained popular recognition with his harsh criticism of government bailouts and the Federal Reserve’s monetary expansion policies. Mr. Woods will be explaining how these government bailouts will make things worse and the effect they may have on the state of Mississippi.
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Encourage Your Congressman to Audit the Fed
Go here to sign the petition and encourage your congressmen and women to co-sponsor Ron Paul’s Audit the Fed Bill.
Dollar Depreciation
Thomas Woods Interview
Great interview with Thomas Woods. He explains what free markets really mean and identifies the greatest threat to prosperity and economic freedom.
Read it here.
The Collapse of the Dollar?
Pat Buchanan fears it is possible. Read here.
Audit the Fed Update
For those who don’t know, Ron Paul has introduced a bill to Congress, H.R. 1207, which calls for an audit of the Federal Reserve. The cartel hasn’t been audited since its inception. This could be a huge first step in ending this monster that feeds off and kills our economy. Here is an update on the bill from Dr. Paul.
Ron Paul on Dangerous Economic Policies
Ron Paul denounces the destructive Keynesian policies of both parties that have caused the current economic mess.
Debt and the Money Supply
These are troubling times for our country. This recession, touted as the biggest since the great depression, has everybody running scared. Obama loves ratcheting up fear about it when he addresses our nation. Of course, he is just following the Big Brother game plan. In order to subdue the masses into accepting your seemingly tyrannical proposals, you must frighten them into submission. And even though the republican president who just left office also passed a huge TARP bill costing our nation over $1 trillion and was a huge predictable failure, republicans are now acting as if they care about too much spending.
Our government added around $1.5 trillion dollars to its total debt in 2008, bringing the new total to right at $10.7 trillion. That number, of course, does not take into effect future obligations. All in all, our government owes $65.5 trillion now and in the future. Do you think the current politicians are going to be blamed for bankrupting our country when the full debt starts coming due? Obama will be a distant memory in 2030 or 2050, which are estimated to be the times when we finally wreak the fruits of our massive government spending. But how can our government currently owe $10.7 trillion when based on the M1, only around $1.4 to $1.5 trillion in actual cash and coin exists? The main reason is our money is created out of nothing.
Freedom to Fascism
Ole Miss YAL Meet Congressman Ron Paul at Houston “End the Fed” Rally
Nine members of Ole Miss YAL attended the “End the Fed” Rally in Houston, Texas last Saturday to voice their opposition of the unconstitutional Federal Reserve. Dr. Ron Paul was the featured speaker of the event. Each group member who attended the rally was able to hug or shake hands with their favorite Congressman.
Without Ron Paul there would be no UM Constitutionalists; our close group of friends would remain isolated from one another, a distant group of strangers. Ron Paul’s tireless devotion to peace and freedom has inspired us to unite our efforts in the struggle against unjust government. We will continue to fight for the principles that unified our group and motivated our efforts of political activism. We will continue to inspire others the way Dr. Paul inspired each of us. We are eternally grateful for Dr. Paul’s guidance and inspiration.
Pictures from the rally are below:
Dr. Paul speaking at the Rally
