Ron Paul 2008 - Restore Value to the $USD
By Johns Wu on Feb 22, 2008
Summary
- Income tax is un-constitutional.
- ALL income tax goes toward paying off the debt and interest of the loans (wars cost money) that the government has taken out from the Central Bank
- The Federal Reserve is a cartel of banking gangstaz that creates money from the debt of the middleclass.
- The only way to pay off global debt is to create more money (out of thin air)
- The $USD &, $CAD, $PESO will be unified into the Amero?
This entry was posted on Friday, February 22nd, 2008 at 5:17 am and is filed under Market News.
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6 Responses to “Ron Paul 2008 - Restore Value to the $USD”
By Richard on February 24th, 2008 at 1:42 pm
Heys, I took a quick look and the articles and they’re not bad at all. Keep up the good work. If you would like your link up on my blog, let me know.
By Wizetrade Community on February 27th, 2008 at 9:07 pm
Is this a joke? Ron Paul never even had a chance.
By mike on March 2nd, 2008 at 2:43 pm
Ron Paul was the best chance america had to save the US financially
By mike on March 2nd, 2008 at 2:53 pm
buy gold and silver
By arc on March 22nd, 2008 at 10:31 pm
That’s right, guys, do away with income tax. The government will just build roads with licorice and the teardrops of unicorns when Ron Paul gets elected President! Wheeee!!!
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I watched “Money as Debt” a few years ago and I don’t remember these points.
When does it argue that income tax is unconstitutional, and even if it was, so what? The constitution isn’t written in stone.
- not all tax goes to paying off debt, just an increasingly large percentage
- not quite true. Money is debt, and much of that debt comes from the government (which is what point 2 was saying)
- out of thin air: not quite true. It is true that the debt must be paid by money out of thin air, but this is how all money is created, the issue is the source not the mechanism. As long as the money is being created by banks, it is literally impossible to pay it off. The only way to pay off debt is for governments to start taking control of their money. Boost the reserve ratio to 1:10, 1:2 or better still, 1:1 so that the government is the sole issuer of money and not the banks.
From what I recall, the entire “Money as Debt” movie that you embedded (a great movie!) goes through all of these points.