Tag Archives: Ron Paul

Inflation

I started paying attention to our monetary system since watching the very disturbing America: Freedom to Fascism.

Two Ron-Paul clips about how inflation happens:
Speech in Iowa — inflation is often a transfer of wealth from the working masses to the bankers and government institutions that spend newly-printed (and not yet inflated) money.
On the floor of Congress discussing the integrity of the dollar.

The occasion for this post is this: The Federal Reserve (which is about as federal as Federal Express) has just injected $31.25 BILLION into the economy. I think the key to understanding this is picking apart the process behind the word “injected.” It results in the transfer of wealth described by Ron Paul in the clip above. That’s not to say money should never be printed, but it ought to be done by Congress, as specified in the Constitution. In 1913, they abrogated their responsibility by creating the private and very secretive Federal Reserve.

Ron Paul in Iowa

I write this because most of the mainstream media seems determined to ignore it.

Congressman and Republican Presidential Candidate Ron Paul was excluded from a June 30 forum in Des Moines Iowa, so he spoke next door to the event, and drew a comparably-sized audience.

Here are some brief (under 5 minute) clips of his speech:

1 Introduction, State Responsibility
2 Life, Liberty
3 Property, Draft
4 Economy
5 Federal Reserve, Monetary Policy
6 Inflation Tax
7 Monetary Policy, Foreign Policy
8 Foreign Policy, Iraq
9 Constitution, Intervention
10 Just War, UN, Civil Liberties
11 Terror, Blow-back, Iran
12 Civil Liberties
13 Constitutional Revolution

Introduction to the Tax Truth Movement

Aaron Russo’s recent documentary America: Freedom to Fascism made me curious about this old movement. The documentary didn’t make a tight legal case against the income tax system, Federal Reserve, and IRS, but it certainly created doubts about the legality of these systems and institutions. It also dispelled my perception that the movement is obscure and paranoid. He interviews former IRS agents, and quotes Supreme Court Judges and former Presidents. He quotes Paul Warburg, member of the Council on Foreign Relations and architect of the Federal Reserve who said:

“We shall have World Government, whether or not we like it. The only question is whether World Government will be achieved by conquest or consent.”

Ominous, surely. Were I to defend it, the best I could say is it’s taken out of context. I have more questions than answers. Since I began paying attention, I’ve come across the following:

Republican presidential candidate Ron Paul on the Federal Reserve
A statement from a juror in an income tax trial
31 Questions about the Internal Revenue Service
The Browns of Plainfield New Hampshire are (as of June 2007) taking a stand against what they perceive is an illegal tax. It’s looking more and more like a siege by federal authorities.
An ongoing legal case, the USA vs. Bill Benson. Bill Benson authored a book about the 16th Amendment called “The Law That Never Was.”

So, is the income tax legal? In Russo’s documentary, you can watch bureaucrats and politicians dodging and convoluting what ought to be a simple question. I don’t claim to know the answer.

The profound implications suggested by the tax truth movement seem much more relevant that the celebrity gossip, and local crime stories which seem to blare from every other television in America. We should take pride in debate, regardless. This issue deserves to be engaged.