From Carl on the banking crisis. I’m also attaching Chuck Baldwin’s acceptance of the Ron Paul endorsement at the end.
Have your stock portfolio, your mutual funds and your other investments and savings suffered a major – and continuing – decline lately? Are you feeling nervous and angry at the prospect of suddenly being responsible for another ten thousand dollars and more, per citizen, of national debt? Are you feeling the pinch of a drastically eroded dollar that doesn’t buy nearly as much as it did just a few years ago? Are you worried that retirement is beyond reach now, or that it won’t have the golden lustre you had anticipated? Are you watching your standard of living decline, even though you are working harder than ever to realize “The American Dream?” Are you angry that the Federal Reserve System, represented by that idiot Ben Bernanke, with its fiat money system, can’t seem to keep the dollar strong without firing up the printing press on a regular basis and sticking the taxpayer with another trillion dollar dun?
We must insist that the market take its own corrective action, and suffer its own consequences, to correct this imbalance WITHOUT a bailout or any other interference by the political crowd in WDC. It will be painful, to be sure, but a bailout will only perpetuate and exacerbate the problem by encouraging another trillion dollar crisis down the road. This is the third trillion dollar crisis since the S&L debacle in the late eighties. The second one was the “dot com” collapse just a few years ago. That one cost in excess of a trillion dollars of taxpayer money as well. Over the course of the last 25 years or so, more than 4 trillion dollars of paper fiat money has been created out of thin air to fund these frauds. People on fixed incomes are going to have a terrible time in retirement. Many of them will be forced to return to the work force because of the erosion of their buying power caused by the devaluation and inflation resulting from the infusion into the economy of these trillions of dollars that aren’t backed by anything other than an empty promise of market equilibrium and the sinister certainty of more of the same from WDC in future.
If that collection of monumental fools in WDC wants to do something to alleviate this mess, they could begin by reversing some of the deregulation that has been the overt cause of these disasters. Instead of bailing the banksters out, they could insist they be held accountable by allowing the market to correct itself. That is exactly what it would do, in very little time at all. However, we should not hold our breath. This fraud works for the people in corporate and banking power positions, as well as the people in WDC, who are supposed to be keeping a tight fiscal reign on them. It won’t stop now until we, the citizenry being fleeced, collectively demand that our insidious government keep its hands off any contrived “solution,” especially one that creates fiat money out of thin air as the centerpiece of that solution. The powers in WDC, who are, according to the Constitution, supposed to be responsible for maintaining a “sound” monetary system, could also begin to preclude future monetary disasters of this sort, by reversing the process from a fiat currency toward a REAL currency based on precious metal. Again, don’t hold your breath – that would signal the end of deficit spending and personal power, through set-asides, in WDC. And finally, they could take their oath of fealty to the Constitution seriously, by reclaiming responsibility for maintaining and distributing our currency, abolishing the Federal Reserve System, a foreign-owned private corporate entity with no official ties to our government or our country, that does nothing beneficial for us, but charges exhorbitant fees for the printing and distribution of our worthless, legal tender, fiat currency.
How long will it take for the American taxpayer to become fed up with this shyster game? Will we squander our country entirely before we wise up? Apparently stupid Americans can’t understand that they are in for a cyclic fleecing from now on if they don’t put the skids on this wholesale theft through a succession of bailouts, each urged by the same people who engineered the crisis each time.
Consider that the two major candidates for PotUS WILL each, without the shadow of a doubt, continue the current system as it is, with no meaningful reform. Obamanation is simply a democrat and, as such, is inherently communistic in his beliefs. Witness the fact that he is, by any objective measure, far and away the most liberal congressman in WDC in the current session, and possibly for all time right to the present. He WANTS government in total control of everything. McCrud, “Mr. Amnesty,” is the direct cause of the S&L disaster that signaled the beginning of this cyclical fraud. He is also very pro-bailout, as he makes clear every day. His hidden agenda is the inexorable march toward implementation of the SPP plan for the North American Union. He WANTS America to lose her sovereignty and eventually become subservient to the United Nations or some other one-world government.
In my humble opinion, only Chuck Baldwin represents any return to sanity for this country’s future. He is an adherent of Ron Paul’s economic philosophy of sound money, tied to precious metal, and will do his very best to oppose a further slide toward the end of sovereignty of America. I urge you to consider his platform and his promises for Constitutional government. We desperately need that return to Constitutional sanity… and very SOON… !!
THANK YOU, DR. RON PAUL
By Chuck Baldwin
September 24, 2008
Yesterday, September 22, Congressman Ron Paul publicly gave me his endorsement for the office of President of the United States. In his blog at the Campaign for Liberty web site, he said, “I’m supporting Chuck Baldwin, the Constitution Party candidate.” (See the complete statement)
Obviously, I could not be more delighted and honored to have Dr. Paul’s endorsement. I called him last evening and thanked him personally. And now I want to thank him publicly.
I am fully aware that Dr. Paul was under considerable pressure from various groups that were actively soliciting his support. I can honestly say that I never lobbied Dr. Paul for his endorsement. He knew I would be thrilled to have it, but I have too much respect for Ron Paul to be so presumptuous as to expect him to endorse me. I completely understood his neutrality. He has strong ties to both the Libertarian and Constitution parties–not to mention the obvious fact that he is a ten-term Republican Congressman with much support from the Republican Party in his home district.
I was happy to support Ron Paul during the Republican primaries, because I believe in the same principles. I personally campaigned for him in several states and in this column. And I asked (or expected) nothing in return. In fact, I have stated this publicly, time and again: if Ron Paul had won the Republican nomination for President, I would not be running. I would still be supporting Ron Paul.
I am running for President because the Republican Party rejected Ron’s Paul’s message of constitutional government, fiscal responsibility, and non-interventionism. Therefore, someone had to pick up the mantle and carry this message into the general election. The Constitution Party asked me to be their standard-bearer in order to bring this message to the American people in November. So, here I am. And now, Ron Paul’s endorsement is further substantiation that the message of constitutional government will not die in 2008. The American people still have a real choice instead of the big-government, globalist, interventionist, “big box” party candidates, John McCain and Barack Obama.
Ron Paul’s message is my message; Ron Paul’s fight is my fight.
I want to return America to constitutional government. “The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.” (Amendment X) I believe that, and will govern the Executive branch of the federal government accordingly.
My sworn oath to the Tenth Amendment means I would dismantle the Patriot Act and restore law enforcement to the states and local governments, where it rightly belongs. Yes, this includes the so-called “war on drugs” and the so-called “war on terror.” No more warrantless searches and seizures. No more eavesdropping on Americans’ phone calls, or collecting Americans’ emails, or spying on American citizens without court order and oversight. No more stripping Americans of their constitutional rights in the name of “national security.” In addition, I would use every power and authority vested to my office to preserve and protect the right of the people to keep and bear arms. And, yes, I will immediately restore Posse Comitatus. As President, I want to protect America from Washington, D.C., as much I want to protect it from foreign powers.
I will also take the words of the Declaration of Independence seriously, where it states, “That these United Colonies are, and of Right ought to be Free and Independent States.” This means the day I am sworn in as President of the United States, the New World Order comes crashing down! The NAFTA superhighway is dead. The North American Union is dead. I will work to eliminate NAFTA, CAFTA, GATT, and the WTO. The FTAA is DOA. I will not expend tax dollars for the support of the United Nations.
Furthermore, I will take my oath to the Constitution seriously, when it states that one of the express purposes of the federal government is to “repel Invasions.” This means we will secure America’s borders, because the illegal immigration crisis is more than mere immigration: it is an invasion, and I will stop it! Even if I have to send the U.S. Army to the borders, we will put a stop to this invasion of illegal aliens. I will also aggressively prosecute those employers who knowingly hire illegals. And did I mention that my first day in office is Border Patrol Agents Ramos and Compean’s last day in prison? I will personally open the prison doors and restore to these men their freedom. I will also give them their jobs back (with pay), if they want them. And one more item on this point: my first day of office is also U.S. Attorney Johnny Sutton’s last day on the job.
I also share Ron Paul’s concerns for the way the two major parties have allowed the United States to become a meddlesome, interventionist, nation-building empire for the sake of satisfying the greedy machinations of international bankers and power-hungry politicians. I will not only bring our troops home from Iraq and Afghanistan, but also from most of the other 130 nations that currently house U.S. forces. I will end foreign aid. I will get the U.S. out of NATO. It is past time for the European states to defend themselves. It is time for us to stop sticking our nose in every other nation’s business and start taking care of the United States. The Warfare State will kill us. Global empires are not sustainable. I repeat: global empires are not sustainable. If history teaches anything, it teaches that.
Furthermore, the Bush doctrine of pre-emptive war is over, when I become President. Because I will take my oath to the Constitution seriously, I would never send troops to invade and occupy a foreign country without a Declaration of War by Congress. In dealing with rogue terrorist organizations such as al Qaeda, I will seek letters of Marque and Reprisal from Congress, which would give me the authority to use whatever special and/or private forces are necessary to seek out and destroy those who desire our hurt.
And even though I am a born again Christian (as is Ron Paul), I would take my responsibility to protect the religious liberty of every American seriously. People have the right to worship God (or not worship God) according to the dictates of their own conscience. Whether one is Baptist, Catholic, Mormon, or agnostic, people have the right to practice their faith as they see fit. I am absolutely dedicated to preserving religious liberty. Religious tyranny is as evil as political or social tyranny. And, as I will be no man’s slave, neither will I be any man’s master.
I also share Ron Paul’s commitment to the sanctity of life. When I become President, I will use the bully pulpit of the White House to press Congress to pass Dr. Paul’s Sanctity of Life Act, which would overturn Roe v. Wade and end abortion-on-demand. On this topic, the GOP is especially hypocritical. The Republican Party controlled the entire federal government for six years and did nothing to save the life of a single unborn child. Saving unborn babies from the abortionists’ scalpel is more than rhetoric with me, however.
Another area of agreement with Ron Paul is my philosophy of economics. Dr. Paul has been predicting the current financial meltdown in this country for years. And when all is done, the current bailout being proposed will do more harm than good. The problem is, America’s leaders have rejected sound money policies for years, and the chickens are coming home to roost.
As President, I would seek to overturn the 16th Amendment, eliminate the Internal Revenue Service, and disband the Federal Reserve. I would lead the charge to return America to sound money principles. I would seek to reduce federal spending to constitutional levels by eliminating those same federal departments that Newt Gingrich promised to eliminate in his Contract with America back in 1994 (and then failed to do). I would seek to eliminate the Departments of Education, Commerce, Energy, etc. I would demand that Congress pass a balanced budget and that we stop deficit spending.
Neither John McCain nor Barack Obama will do any of the above. If he were President, Dr. Paul would do it, however, and so would I.
Needless to say, I am both humbled and honored that Ron Paul would place enough faith in me that he would endorse me for President. I can think of no higher compliment to my candidacy. I here and now publicly thank him for this vote of confidence. I know my Vice Presidential running mate, Darrell Castle (a former Marine Corps officer and Vietnam veteran), joins me in inviting all of Dr. Paul’s supporters to help us take the message of constitutional government into the general election on November 4. Thank you.