Ron Paul’s ‘What if…’ speech - Still worth a listen
Posted by slowsmile on 8th September 2009
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Posted in Economics, US Politics, World Politics | No Comments »
Posted by slowsmile on 8th September 2009
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Posted in Economics, US Politics, World Politics | No Comments »
Posted by slowsmile on 24th July 2009
According to the CDC, approximately 36,000 people die each year in the U.S. from the regular flu. That averages to about 100 people a day. The total number of confirmed mortalities in the U.S. from the swine flu since the virus was identified in March is less than 200, So, from this assessment, swine flu turns out to be less threatening than ordinary flu. Yet the WHO, an organization well known to have associative political, martial and industrial interests, has seen fit to declare a level 6 pandemic — the highest, most dangerous level. What’s going on ?
Because of this declared pandemic, the US government (as well other governments like UK and France), have seen fit to take control of their massive vaccination programmes. So now we have governments instead of doctors in charge of health in the US. The result ?
Homeland Securty in charge of medical matters instead of doctors…Breaking into peoples homes and businesses without consent….Free assembly banned …Forced quarantine…Forced vaccinations?
From the Want to Know website:
Plans have been made…Laws already passed….Constitutional rights restricted …Death from vaccine side-effects ? What the Hell is going on ?
Certain people have raised valid concerns over the behaviour of the US government with respect to this swine flu outbreak. Congressman Ron Paul, a much respected politician and a doctor, illustrates some of these anomalies in a short video shown here.
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In the video, Ron Paul makes some interesting points. In 1976 when Ron Paul was a young Congressman, there was another so-called outbreak of swine flu and the government handled it in the same way as now. People were forced to have vaccinations. Only 1 American died from this outbreak, and 25 people died from the vaccinations with a further 500 contracting the mysterious and debillitating Guillian-Barre Syndrome — a severe, paralyzing nerve disease. As a result of this, the vaccination programme was eventually and hastily stopped. Ron Paul also questions why Homeland Security has been put in charge of this vaccination programme.
I personally also think that this vaccination program stinks. Funny how all this government expansion and power grabbing, restriction of constitutional rights and Homeland Security involvement is happening so conveniently during a non-happening pandemic, especially with financial conditions expected to deteriorate rapidly and get much worse for the ordinary US citizen. Here we seem to have the government disguising the Inconvenient Truth with more Convenient Lies and misdirection. If I didn’t know better, I would say that the US Government has already achieved much more illicit and dictatorial control over its completely unsuspecting population without consensus and as for Big Pharma, well I’m sure their shareholders will be simply ecstatic at all the millions(billions?) of vaccine sales. The Crony Buddy System appears to be still flourishing in the US Government or so it seems.
But other somewhat stronger opinion would push this view even further. From the Global Research website:
Other questions to ponder. How have they managed to produce an “effective” vaccine for Swine Flu so quickly when all those researchers in the know fully admit that the medical process involved in producing a successful vaccine for any virus is so notoriously lengthy and difficult? Why can’t they do the same for TB, HIV and ordinary flu viruses? And if this Swine Flu mutates as viruses always do, will the so-called vaccine still work? And why is this vaccine being forced on people with no option, no choice?
Nothing fits really does it ?
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Posted in Economics, Georgia, Russian Oil, US Politics, World Oil, World Politics | 1 Comment »
Posted by slowsmile on 12th October 2008
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So, as we breath a small sigh of relief and trust, the bail-out remedy has been dissolved into the financial institutions — still fizzing – and we wait for its effect. My blind and shaky faith in both Paulson’s and Bernanke’s economic capabilities reminds me of the Marx Brother’s film Monkey Business, wherein Groucho quips, “Sure I’m a doctor, where’s the horse ?”.
The secretive, adhoc and shadow-agenda-tilted remedies of these two “government employees” does not stir any faith from my bowels whatsoever. Their continued verbal flatulence - telling us nothing really - makes me wonder whether the coming Depression is, indeed, stoppable - or is it like those multitude of assured and very expensive allopathic cancer “cures”, where it is so difficult to determine whether the poor and trusting cancer patient was - in the end - killed by the cancer or the vicious “cure”. Meanwhile, the advising doctors and drugs companies get fatter and richer. I’m sure even Hippocrates himself would shudder with disgust and horror at this sick ruse…
First Paulson. His background and pure essence is Wall Street. He was an Ivy Leaguer, East coast, and was a star wrestler and footballer at college. He has a B. A. in English from Dartmouth College. Disappointingly, I can’t find any learned references to Economics within his education at all. Paulson began his work in government, moving up to work as assistant secretary to Jon Ehrlichman in the Nixon administration from 1972 - 73. From here he joined Goldman Sachs, eventually succeeding Jon Corzine to become CEO in 1998. In Wikipedia his achievements may be further summed up:
“His net worth has been estimated at over US$700 million.[9] Paulson has personally built close relations with China during his career. In July 2008 it was reported by The Daily Telegraph that: “Treasury Secretary Hank Paulson has intimate relations with the Chinese elite, dating from his days at Goldman Sachs when he visited the country more than 70 times.”"
Just before the bailout vote in the senate, Goldman Sachs (together with other major financial institutions) contributed significant funds to both McCain and Obama as well as to other major players including Senator Dodd, Head of the Senate Banking Committee. Perhaps they did this to assure safe passage of the Bailout Bill through the Senate ? See it here :
[youtube:http://www.youtube.com/v/BEumrdHOq0w]
[youtube:http://www.youtube.com/v/Ek7zc0lJxbM]
Ben Bernanke, the other half of the Wall Street weasel alliance, is from a different type of educational mold(mostly fungal). He graduated from from Harvard and studied at MIT obtaining a PhD in Economics, taught at Princeton and became Chairman of the Fed in 2006. His hobbies include continuous and tortuous economic study of the Great Depression, playing with his secret and gargantuan toy train set in his dark attic, quietly flossing his teeth on the strings of a rusty, Hendrix Strat-copy whilst deftly reading primo selections of old Marvel comics during his toilet ablutions, arguing incessantly with Ron Paul about the weather, and currently maintains a demonic and unstoppable fascination for the workings of The Fed’s printing press. In his address to the gathering on Milton Friedman’s 90th birthday, “Helicopter Ben” promised this:
“Let me end my talk by abusing slightly my status as an official representative of the Federal Reserve System. I would like to say to Milton and Anna: Regarding the Great Depression. You’re right, we did it. We’re very sorry. But thanks to you, we won’t do it again.”
“…abusing slightly…” is certainly a correct description here, though it’s impact is, perhaps, just a tad under-defined. And as to his end prophesy: No comment.
In the relationship that does exists between Paulson and Bernanke - I am once again reminded of a certain excerpt from “Monkey Business” - wherein Harpo so memorably and eloquently performs “Daffy About You” so as to leave tears dribbling from my eyes…
I still laugh hopelessly at it now.
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Posted by slowsmile on 26th September 2008
[youtube:http://www.youtube.com/v/dv6rQ0U01Yc]
Here we have Ron Paul arguing about the Paulson Plan and it’s dire lack of oversight and transparency from both the Fed as well as the Treasury. Ron Paul also questions Bernanke about the latter’s favourite subject - the reasons for the Great Crash of 1929, and logically disputes Bernanke’s opinion. This is cat and mouse at its best and is well worth watching.

Posted in Russian Oil, US Politics | 1 Comment »
Posted by slowsmile on 25th September 2008

Ron Paul’s Joint Economic Committee Statement:
September 24, 2008
“Mr. Chairman, I believe that our economy faces a bleak future, particularly if the latest $700 billion bailout plan ends up passing. We risk committing the same errors that prolonged the misery of the Great Depression, namely keeping prices from falling. Instead of allowing overvalued financial assets to take a hit and trade on the market at a more realistic value, the government seeks to purchase overvalued or worthless assets and hold them in the unrealistic hope that at some point in the next few decades, someone might be willing to purchase them.
One of the perverse effects of this bailout proposal is that the worst-performing firms, and those who interjected themselves most deeply into mortgage-backed securities, credit default swaps, and special investment vehicles will be those who benefit the most from this bailout. As with the bailout of airlines in the aftermath of 9/11, those businesses who were the least efficient, least productive, and least concerned with serving consumers are those who will be rewarded for their mismanagement with a government handout, rather than the failure of their company that is proper to the market. This creates a dangerous moral hazard, as the precedent of bailing out reckless lending will lead to even more reckless lending and irresponsible behavior on the part of financial firms in the future.
This bailout is a slipshod proposal, slapped together haphazardly and forced on an unwilling Congress with the threat that not passing it will lead to the collapse of the financial system. Some of the proposed alternatives are no better, for instance those which propose a government equity share in bailed-out companies. That we have come to a point where outright purchases of private sector companies is not only proposed but accepted by many who claim to be defenders of free markets bodes ill for the future of American society.
As with many other government proposals, the opportunity cost of this bailout goes unmentioned. $700 billion tied up in illiquid assets is $700 billion that is not put to productive use. That amount of money in the private sector could be used to research new technologies, start small business that create thousands of jobs, or upgrade vital infrastructure. Instead, that money will be siphoned off into unproductive assets which may burden the government for years to come. The great French economist Frederic Bastiat is famous for explaining the difference between what is seen and what is unseen. In this case the bailout’s proponents see the alleged benefits, while they fail to see the jobs, businesses, and technologies not created due to this utter waste of money.
The housing bubble has burst, unemployment is on the rise, and the dollar weakens every day. Unfortunately our leaders have failed to learn from the mistakes of previous generations and continue to lead us down the road toward economic ruin.”

Posted in Economics, U.K. Politics, US Politics, World Politics | 3 Comments »