JohnIsOld

The Importance of Fed Independence

Your attempt to tweak a broken system misses the point. The point is the Fed causes inflation/deflation cycles and has been politicized by following the will of Barney Frank to buy the debt of fannie/freddie even though that is not in the Fed's charter.

The free market can work this out by simply allowing liberty & freedom by repealing the legal tender laws that prohibit competing money. Let the people decide which money they want to use, and people will run away from the Fed's Reserve Notes (Note == Debt).

Foreclosure-Proof Homeowners

The ranking member of the House Financial Services Committee is too kind to say something like "I have been trying to tell everyone about this for years." Some of us are waking up. www.house.gov/paul

Picking Apart the WSJ's Manipulative Gold Reporting

"Maybe the WSJ will cease all mining share reporting once it finds out that gold investors (like active military personnel) would elect Ron Paul for president."

As I told the WSJ last month, their idiotic smearing of Ron Paul has caused me to change my subscription to postal delivery to inflict the most costs on them until my subscription expires, and I won't renew.
Rupert owns Faux News and the WSJ, and he has a larger plan to control us.
Owning gold is one small part of an overall family plan of self-reliance.

The Federal Reserve Has Failed Us

If you believe in a free market, then you should also agree with Ron Paul's idea to allow competition with the federal reserve. By allowing other currencies to compete, each of us could choose which currency to use. A currency backed by something (maybe a basket of commodities, or maybe silver) would be a more stable currency in terms of purchasing power and inflation.

I would like to see competition allowed to break the monopoly of the federal reserve.

Replacing Tikcro with Fundtech (Though It's In a Tailspin)

"... the fact that it has announced a date for the upcoming quarterly report is, I feel, proof that nothing untoward has happened there."

This is proof of nothing.


You could have also said the following which is also without meaning: " the fact that the sun will rise and the company is required by SEC regulations to comply ...".

Staunch Government Intervention Needed to Avoid Full-Blown Depression

Some decent points, but this is wacky: "The very first step must be to maintain consumer spending to perpetuate trade with Asia."

Today AMEX took a charge for their credit card delinquencies. Other cards are also hurting. Christmas spending was less than forecast. The average consumer should not be told to continue to spend.