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sunshine05
07-17-2008, 04:38 PM
Ron Paul: "Some Big Events Are About To Occur"
Congressman warns of "chaos about to be unleashed" on economic and political system by globalist intervention and world empire
Steve Watson
Infowars.net
Thursday, July 17, 2008

Texas Congressman Ron Paul has warned the House that he is "convinced the time is now upon us that some Big Events are about to occur." that will cause liberty to go "into deep hibernation".

Paul told the House:

"These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed."

"There are reasons to believe this coming crisis is different and bigger than the world has ever experienced. Instead of using globalism in a positive fashion, it's been used to globalize all of the mistakes of the politicians, bureaucrats and central bankers." Paul continued.

In one of Paul's most memorable speeches to date, the Congressman spoke of rampant authoritarianism having replaced the principles of liberty that the United States was founded upon and warned that current empire building financed through inflation and debt signals a most frightening period in history.

"Our arrogance and aggressiveness have been used to promote a world empire backed by the most powerful army of history. This type of globalist intervention creates problems for all citizens of the world and fails to contribute to the well-being of the world's populations. Just think how our personal liberties have been trashed here at home in the last decade." Paul urged fellow representatives.


Paul outlined the history of the current economic crisis and alluded to key events such as the inception of the Federal Reserve System, the creation of the Bretton-Woods Monetary System and the creation of a "dollar bubble".

"This bubble is different and bigger for another reason." Paul argued.

"The central banks of the world secretly collude to centrally plan the world economy. I'm convinced that agreements among central banks to “monetize” U.S. debt these past 15 years have existed, although secretly and out of the reach of any oversight of anyone--especially the U.S. Congress that doesn't care, or just flat doesn't understand."

Yesterday, the Congressman also confronted Federal Reserve Chairman Ben Bernanke over what he described as a 35 plus year dollar bubble, telling him "You are probably the biggest taxer in the country", citing the inflationary fiat money system as the most unfair and regressive form of taxation there is.

A stunned Bernanke put up little resistance and simply agreed with Paul, stating “Congressman, I couldn’t agree with you more that inflation is a tax, and that inflation is currently too high.”

Paul also pointed out that government bail out packages for lenders will inevitably lead to a further increases in the already stratospheric national debt.

Watch Ron Paul once again take Bernanke to school on the economy:
http://www.youtube.com/watch?v=06awZjZTVlQ&eurl=http://www.infowars.net/articles/july2008/170708Paul.htm

Ron Paul's entire speech before the House now follows:

Madam Speaker, I have, for the past 35 years, expressed my grave concern for the future of America . The course we have taken over the past century has threatened our liberties, security and prosperity. In spite of these long-held concerns, I have days--growing more frequent all the time--when I'm convinced the time is now upon us that some Big Events are about to occur. These fast-approaching events will not go unnoticed. They will affect all of us. They will not be limited to just some areas of our country. The world economy and political system will share in the chaos about to be unleashed.

Though the world has long suffered from the senselessness of wars that should have been avoided, my greatest fear is that the course on which we find ourselves will bring even greater conflict and economic suffering to the innocent people of the world--unless we quickly change our ways.

America , with her traditions of free markets and property rights, led the way toward great wealth and progress throughout the world as well as at home. Since we have lost our confidence in the principles of liberty, self reliance, hard work and frugality, and instead took on empire building, financed through inflation and debt, all this has changed. This is indeed frightening and an historic event.

The problem we face is not new in history. Authoritarianism has been around a long time. For centuries, inflation and debt have been used by tyrants to hold power, promote aggression, and provide “bread and circuses” for the people. The notion that a country can afford “guns and butter” with no significant penalty existed even before the 1960s when it became a popular slogan. It was then, though, we were told the Vietnam War and the massive expansion of the welfare state were not problems. The seventies proved that assumption wrong.

Today things are different from even ancient times or the 1970s. There is something to the argument that we are now a global economy. The world has more people and is more integrated due to modern technology, communications, and travel. If modern technology had been used to promote the ideas of liberty, free markets, sound money and trade, it would have ushered in a new golden age--a globalism we could accept.

Instead, the wealth and freedom we now enjoy are shrinking and rest upon a fragile philosophic infrastructure. It is not unlike the levies and bridges in our own country that our system of war and welfare has caused us to ignore.

I'm fearful that my concerns have been legitimate and may even be worse than I first thought. They are now at our doorstep. Time is short for making a course correction before this grand experiment in liberty goes into deep hibernation.

There are reasons to believe this coming crisis is different and bigger than the world has ever experienced. Instead of using globalism in a positive fashion, it's been used to globalize all of the mistakes of the politicians, bureaucrats and central bankers.

Being an unchallenged sole superpower was never accepted by us with a sense of humility and respect. Our arrogance and aggressiveness have been used to promote a world empire backed by the most powerful army of history. This type of globalist intervention creates problems for all citizens of the world and fails to contribute to the well-being of the world's populations. Just think how our personal liberties have been trashed here at home in the last decade.

The financial crisis, still in its early stages, is apparent to everyone: gasoline prices over $4 a gallon; skyrocketing education and medical-care costs; the collapse of the housing bubble; the bursting of the NASDAQ bubble; stock markets plunging; unemployment rising; massive underemployment; excessive government debt; and unmanageable personal debt. Little doubt exists as to whether we'll get stagflation. The question that will soon be asked is: When will the stagflation become an inflationary depression?

There are various reasons that the world economy has been globalized and the problems we face are worldwide. We cannot understand what we're facing without understanding fiat money and the long-developing dollar bubble.

There were several stages. From the inception of the Federal Reserve System in 1913 to 1933, the Central Bank established itself as the official dollar manager. By 1933, Americans could no longer own gold, thus removing restraint on the Federal Reserve to inflate for war and welfare.

By 1945, further restraints were removed by creating the Bretton-Woods Monetary System making the dollar the reserve currency of the world. This system lasted up until 1971. During the period between 1945 and 1971, some restraints on the Fed remained in place. Foreigners, but not Americans, could convert dollars to gold at $35 an ounce. Due to the excessive dollars being created, that system came to an end in 1971.

It's the post Bretton-Woods system that was responsible for globalizing inflation and markets and for generating a gigantic worldwide dollar bubble. That bubble is now bursting, and we're seeing what it's like to suffer the consequences of the many previous economic errors.

Ironically in these past 35 years, we have benefited from this very flawed system. Because the world accepted dollars as if they were gold, we only had to counterfeit more dollars, spend them overseas (indirectly encouraging our jobs to go overseas as well) and enjoy unearned prosperity. Those who took our dollars and gave us goods and services were only too anxious to loan those dollars back to us. This allowed us to export our inflation and delay the consequences we now are starting to see.

But it was never destined to last, and now we have to pay the piper. Our huge foreign debt must be paid or liquidated. Our entitlements are coming due just as the world has become more reluctant to hold dollars. The consequence of that decision is price inflation in this country--and that's what we are witnessing today. Already price inflation overseas is even higher than here at home as a consequence of foreign central banks' willingness to monetize our debt.

Printing dollars over long periods of time may not immediately push prices up--yet in time it always does. Now we're seeing catch-up for past inflating of the monetary supply. As bad as it is today with $4 a gallon gasoline, this is just the beginning. It's a gross distraction to hound away at “drill, drill, drill” as a solution to the dollar crisis and high gasoline prices. Its okay to let the market increase supplies and drill, but that issue is a gross distraction from the sins of deficits and Federal Reserve monetary shenanigans.

This bubble is different and bigger for another reason. The central banks of the world secretly collude to centrally plan the world economy. I'm convinced that agreements among central banks to “monetize” U.S. debt these past 15 years have existed, although secretly and out of the reach of any oversight of anyone--especially the U.S. Congress that doesn't care, or just flat doesn't understand. As this “gift” to us comes to an end, our problems worsen. The central banks and the various governments are very powerful, but eventually the markets overwhelm when the people who get stuck holding the bag (of bad dollars) catch on and spend the dollars into the economy with emotional zeal, thus igniting inflationary fever.

This time--since there are so many dollars and so many countries involved--the Fed has been able to “paper” over every approaching crisis for the past 15 years, especially with Alan Greenspan as Chairman of the Federal Reserve Board, which has allowed the bubble to become history's greatest.

The mistakes made with excessive credit at artificially low rates are huge, and the market is demanding a correction. This involves excessive debt, misdirected investments, over-investments, and all the other problems caused by the government when spending the money they should never have had. Foreign militarism, welfare handouts and $80 trillion entitlement promises are all coming to an end. We don't have the money or the wealth-creating capacity to catch up and care for all the needs that now exist because we rejected the market economy, sound money, self reliance and the principles of liberty.

Since the correction of all this misallocation of resources is necessary and must come, one can look for some good that may come as this “Big Event” unfolds.

There are two choices that people can make. The one choice that is unavailable to us is to limp along with the status quo and prop up the system with more debt, inflation and lies. That won't happen.

One of the two choices, and the one chosen so often by government in the past is that of rejecting the principles of liberty and resorting to even bigger and more authoritarian government. Some argue that giving dictatorial powers to the President, just as we have allowed him to run the American empire, is what we should do. That's the great danger, and in this post-911 atmosphere, too many Americans are seeking safety over freedom. We have already lost too many of our personal liberties already. Real fear of economic collapse could prompt central planners to act to such a degree that the New Deal of the 30's might look like Jefferson 's Declaration of Independence.

The more the government is allowed to do in taking over and running the economy, the deeper the depression gets and the longer it lasts. That was the story of the 30s and the early 40s, and the same mistakes are likely to be made again if we do not wake up.

But the good news is that it need not be so bad if we do the right thing. I saw “Something Big” happening in the past 18 months on the campaign trail. I was encouraged that we are capable of waking up and doing the right thing. I have literally met thousands of high school and college kids who are quite willing to accept the challenge and responsibility of a free society and reject the cradle-to-grave welfare that is promised them by so many do-good politicians.

If more hear the message of liberty, more will join in this effort. The failure of our foreign policy, welfare system, and monetary policies and virtually all government solutions are so readily apparent, it doesn't take that much convincing. But the positive message of how freedom works and why it's possible is what is urgently needed.

One of the best parts of accepting self reliance in a free society is that true personal satisfaction with one's own life can be achieved. This doesn't happen when the government assumes the role of guardian, parent or provider, because it eliminates a sense of pride. But the real problem is the government can't provide the safety and economic security that it claims. The so called good that government claims it can deliver is always achieved at the expense of someone else's freedom. It's a failed system and the young people know it.

Restoring a free society doesn't eliminate the need to get our house in order and to pay for the extravagant spending. But the pain would not be long-lasting if we did the right things, and best of all the empire would have to end for financial reasons. Our wars would stop, the attack on civil liberties would cease, and prosperity would return. The choices are clear: it shouldn't be difficult, but the big event now unfolding gives us a great opportunity to reverse the tide and resume the truly great American Revolution started in 1776. Opportunity knocks in spite of the urgency and the dangers we face.

Let's make “Something Big Is Happening” be the discovery that freedom works and is popular and the big economic and political event we're witnessing is a blessing in disguise.


http://www.infowars.net/articles/july2008/170708Paul.htm

brandon
07-17-2008, 04:48 PM
Ron Paul: "Some Big Events Are About To Occur"
Congressman warns of "chaos about to be unleashed" on economic and political system by globalist intervention and world empire
Steve Watson
Infowars.net
Thursday, July 17, 2008

Texas Congressman Ron Paul has warned the House that he is "convinced the time is now upon us that some Big Events are about to occur." that will cause liberty to go "into deep hibernation".


Sounds like he has been hanging out with GHemminger too much. :D

libertythor
07-17-2008, 04:50 PM
I don't think Ghemminger has anything to do with it. Big shit is about to hit the fan with Iran and god knows who else. If it doesn't involve more war, it will be the economy.

constituent
07-17-2008, 04:57 PM
chicken little syndrome.

when wasn't the world f*d?

brandon
07-17-2008, 04:57 PM
I know, I was just joking.

torchbearer
07-17-2008, 04:59 PM
I don't think Ghemminger has anything to do with it. Big shit is about to hit the fan with Iran and god knows who else. If it doesn't involve more war, it will be the economy.

it will be the economy.

torchbearer
07-17-2008, 05:00 PM
We can't afford another war Our country is broke, it is explained here, this guest is the top accountant of our Government: http://www.youtube.com/watch?v=INTaWXl3ooo (9mins) you will have to turn up the volume to hear this video.

AJ Antimony
07-17-2008, 05:02 PM
This wasn't on camera?

Sandra
07-17-2008, 05:44 PM
So ironic that WWII (whether started deliberately or not) got us out of the Depression. The War Iraq War thrusted us into one.

psalm82x3
07-17-2008, 05:49 PM
So ironic that WWII (whether started deliberately or not) got us out of the Depression. The War Iraq War thrusted us into one.

Yes ironic, but in a conversely ironic way. Our money was still good as gold back then, so it was set to continue to be a deflationary depression. Oh no, my dollars are buying more and more, I can't take the buying power type of depression. This time, we it is inflationary; much worse.

skinnyskittles1989
07-17-2008, 06:27 PM
So ironic that WWII (whether started deliberately or not) got us out of the Depression. The War Iraq War thrusted us into one.

WWII didn't get us out of the Depression

http://mises.org:88/4_HMC_QA

idiom
07-17-2008, 06:28 PM
The depression was largely set-up by the insane costs and productivity tolls of the First World War.

Now if someone could figure out who started WW1 we might have a culprit.

Sandra
07-17-2008, 06:34 PM
WWII didn't get us out of the Depression

http://mises.org:88/4_HMC_QA

The defense industrial complex as well as returning soldiers did boost it in a false sense but was widely enjoyed.

ARealConservative
07-17-2008, 06:53 PM
So ironic that WWII (whether started deliberately or not) got us out of the Depression. The War Iraq War thrusted us into one.

Sure, if this is how we want out of the recession.

In WW2 we switched all production to war making efforts and even if you found anything to spend money on, you were ostracized for doing so. We entered a forced period of national savings. Work was being done, we were wasting a ton of our production on war, but still saved money which lifted us out of the depression when the war ended.

Truth Warrior
07-17-2008, 06:58 PM
Yeah, I figured that Ron and I are on about the same page. ;)

Truth Warrior
07-17-2008, 07:00 PM
the depression was largely set-up by the insane costs and productivity tolls of the first world war.

Now if someone could figure out who started ww1 we might have a culprit.


tptb! ;)

fatjohn
07-18-2008, 08:21 AM
Now if someone could figure out who started WW1 we might have a culprit.


Zie Germans. But US didn't meddle into the war until Lusitania (passenger ship)was torpedoed by german U-boats. Nice anekdote: German ambassy warned New Yorkers not to go to UK on Lusitania because route went trough warzone. That was published in an article of the NY times. 30 years later US boycotted Japan -> Pearl Harbor -> WW2. Good 20 years later something happened in Gulf of Tonkin. 30 years after that a three digit number was famous in the blink of an eye (hint it contains a nine and a couple of 1's though the 1's aren't pronounced as 'one') And that makes the americans go to sleep at night because they never did a preemptive strike on anyone, oh hell no!

idiom
07-18-2008, 05:16 PM
As I recall it started in the Balkans. But then again I don't get Approved American History Textbooks in my country :(

kigol
07-18-2008, 05:42 PM
yup. :(

Chris_Augustine
07-18-2008, 07:39 PM
Fiat money was great while it lasted. In fact it is more intelligent to use, but we have all abused it to the point where we are all about to go back to Gold. This economy is unraveling, and the Fed and the Treasury know it. Restricting short sales and opening the Fed Window to just about everyone looks desperate.

And since we have an idiot in the White House, he may want to leave us with a war in Iran. What does he care, he is already the worst president ever, but he believes that all he does will be proven right in future generations. Bullshit.

This is what is depressing....

mediahasyou
07-18-2008, 08:41 PM
Now if someone could figure out who started WW1 we might have a culprit.

Treaties and international agreements.

Heres how it went down. In the balkans (southeast Europe) a prince is assasinated. The prince's country blames their hated rival. (it's unknown whether it was a government assasination or a criminal act). So anyway...all of Europe has had a relitive peace for a while. Old treaties are now called into act. (Some going back to the middle ages.) Now all of Europe is pulled into this war. (Notably Germany, France, Russia)

Germany has to cover its ass now. Russia and France are bound to one country. Germany is bound to another. So its Germany vs. Russia + France. Germany geographicly is located in between France and Russia. Russia and France are preparing for war. Russia is taking longer to prepare for war. So Germany attacked France first, so it doesn't have to fight France and Russia at the same time.

So after WWI the Elites of Europe gathered together and blamed Germany for the war. And making Germany pay the bill. The amount Germany is to pay is rediculous.Germany cannot afford it. Germany prints money which creates inflation which all pulls the country into depression and helps the rest of the world and europe and america to fall into depression too.

In essense, the Elites caused WWII because Germany was in massive depression. Germany needed to rebel. They were in deadly poverty. History shows that dictators come to power when a country is suffering economicly.

and then came concentration camps, hitler, jews dieing, holocaust, nazis and the rest is history.




The moral of the story is neutral countries(that didn't have the international agreements) were not pulled into war. And were saved from economic debt of war. And were saved lives.

idiom
07-18-2008, 08:56 PM
A lot of the agreements were set up by Otto Von Bismarck. He was later fired.

However, the assasination, while the cited cause of war, was not really a big deal. Like Iraq, the governments and the media hyped the war as a good idea. There was also a complete failure of solid leadership anywhere to say 'no, this is stupid.'.

RJB
07-18-2008, 09:01 PM
There was also a complete failure of solid leadership anywhere to say 'no, this is stupid.'.

Watch the Marx Brother's movie "Duck Soup." It's a nice biography about The Powers That Be;)

Chibioz
07-18-2008, 09:06 PM
Was his speech recorded?

eric_cartman
07-19-2008, 10:18 AM
Was his speech recorded?

anyone know if there is an audio or video of this?

this was an amazing speech, and i think we should all take his warning seriously.

RSLudlum
07-19-2008, 10:41 AM
anyone know if there is an audio or video of this?

This was an amazing speech, and i think we should all take his warning seriously.


+1000 ??

raystone
08-06-2008, 12:03 PM
Has anyone seen a thorough dissection of this address to Congress by Ron Paul ? An analysis including reading between the lines, comparing with knowledge Ron Paul may gained in the days leading to this being presented ??

Was he trying to really trying to give us a specific warning and tell us exactly how to prepare but noone got it ?

dirknb@hotmail.com
08-06-2008, 03:22 PM
The depression was largely set-up by the insane costs and productivity tolls of the First World War.

Now if someone could figure out who started WW1 we might have a culprit.

The depression occured because the Fed. contracted the money supply.

Jamsie 567
08-06-2008, 03:25 PM
The Amero is about to be released in a town near you :)

SLSteven
08-06-2008, 03:29 PM
If wars could bring prosperity we would have a wonderful economy.

SLSteven
08-06-2008, 03:32 PM
So ironic that WWII (whether started deliberately or not) got us out of the Depression.

Not the dead...

haaaylee
08-06-2008, 04:21 PM
seriously, does video of this not exist ??

raystone
10-06-2008, 03:32 PM
wonder what else Dr. Paul knows is going to happen ?

brandon
10-06-2008, 03:35 PM
so far he is dead on...

Aratus
10-07-2008, 07:06 AM
:eek: Andy Rooney now is having goldbug impulses. he's happily remembering when FDR confiscated the nation's gold coins and had
the U.S Treasury Dep't issue silver-backed one dollar bills! http://www.boxxet.com/60_Minutes/video:andy-rooney-on-money/
if someone snarkily wiseacres all over poor ghemminger now, i shall be quite angry!:mad: --- again, 100,ooo thanks for this old thread!

gilliganscorner
10-07-2008, 07:09 AM
How right Paul was...again.

malkusm
03-07-2009, 10:37 AM
Bump....time and again the words of Dr. Paul prove prophetic, and this is just another example.

Amazing.

Malakai0
03-07-2009, 10:48 AM
True in retrospect he was spot on.

I was going to bitch about the thread res but your point is valid!

LibertyEagle
03-07-2009, 11:08 AM
So ironic that WWII (whether started deliberately or not) got us out of the Depression. The War Iraq War thrusted us into one.

Yeah, they push that WWII got us out of the Depression, but it's really not the truth. Here's a collection of articles that you might be interested in.

http://fee.org/economics/great-depression/

brandon
03-07-2009, 01:47 PM
Yea, his timing was perfect with this one.