The Associated Press Should RECANT Gold Pegging Libel

[presence]

"Paul and his supporters would like to SET a firm value for the U.S. dollar, much like when it was pegged to a specific amount of gold."

http://www.washingtonpost.com/national/ron-paul-wins-support-urging-end-to-the-fed-pushing-the-gold-standard-but-is-that-possible/2012/01/18/gIQA9rKL7P_story.html

SET ?

Much like when it was pegged ??

?????

That statement is simply not true.

---------------------------------

Defamation is a published statement which damages someone’s reputation or holds them up to ridicule. A person’s reputation is a fundamental human right[].

http://nebuchadnezzarwoollyd.blogspot.com/2007/04/defamation-and-free-speech-impacts-for.html

"Ron Paul believes that the first step towards monetary freedom is to allow open competition in currencies. Once gold and silver are allowed as legal tender and can be sold without sales tax, everyone can use them to store their wealth and to pay for the things they want to buy. The Federal Reserve will finally have a very compelling motivation to stay honest and maintain the value of the dollar because if they don’t, they will simply lose all their customers. Ron Paul has been an advocate of the gold standard and open competition in currencies for many years."

http://www.ronpaul.com/on-the-issues/fiat-money-inflation-federal-reserve-2/

I don't see anywhere where Ron Paul has called for PEGGING THE DOLLAR TO GOLD. Claiming or alluding to this is libel.

"a written or oral defamatory statement or representation that conveys an unjustly unfavorable impression b (1) : a statement or representation published without just cause and tending to expose another to public contempt (2) : defamation of a person by written or representational means " http://www.merriam-webster.com/dictionary/libel

The article goes on to hold Ron up to ridicule: "going back is impossible" "there’s not enough gold in the world" "setting a market value for gold can’t be done" "You cannot have a gold standard"...

No kidding... but its all proxy slander against a premise that Ron Paul doesn't even hold.

-----------------------
Fox News 10/4/2009

Reporter: "How would we go about going back to a gold standard?"

Ron: "The transistion would be pretty tough. You'd have to devise a system where there would be a transition; where a gold standard competed with a paper standard. Eventually, a gold standard would win. [] You're still going to have certificates and electronic entries. [] One of my goals in washington is to repeal the legal tender laws. Actually, all we have to do is obey the constitution: Only gold and silver can be legal tender" http://www.youtube.com/watch?v=9VT5Fu3W_aI

Did you see anything about pegging or setting?

Ron doesn't want to SET A FIRM VALUE for the dollar. On a Constitutional return path to the Gold Standard, Ron wants the MARKET to correct and adjust the price of the dollar relative to a freely circulated "legal tender" gold backed certificate (and co-competing legal tender silver backed certificates). This stands in contrast to the status quo of Ben Bernanke setting the price of the dollar at the whims of his ever-profiting, global elitist banking cartel buddies through the prescribed keynesian dollar devaluing process we know of as "quantitative easing", et al. Ron's market approach also stands in stark contrast to the Associated Press's incorrect assertion of a government mandated "pegging", which we all know would cause immense complications and be doomed to failure.

I believe that this statement by the Associated Press presents an key opportunity to build upon and clarify Ron's postion on "the gold standard" and to draw some positive attention to the very important and often misrepresented issue. It also gives Ron and the gold standard community a moment to reflect and consider how, specifically, we are going "devise a system" whereby the FRN dollar competes freely and fairly with silver, gold, and perhaps other commodity backed currencies. In our digital age, where the gas pump automatically charges you 3% more for paying by credit card... I doubt it will be too difficult. I also doubt that such a system would necessarily mean the demise of our green back dollar bill, if we could restore faith in this instrument as being backed by the worth of the US economy, resources, and labor, rather than being backed by quantitave easing and globalist petro banking.

I think the RP Campaign should leverage this moment in journalism and ask for the statement to be formally RECANTED in all the papers that carried the article. We should request that we be given an opportunity to turn this false negative publicity into a positive and truthful stumping platform.

thoughts?

presence

hashtag #goldpegginglibel

post script

I don't know about you... but:

I am fed up with the press continually dumbing down our sublime reality with simplified falsifications... and then laughing at the falsehood they've created in an apparent mockery of the truth being denied to the people.

It is no wonder we live in the age of conspiracy theory.

BLACK THIS OUT!

[presence]

If not take a moment aside and listen up! Its an hour long... they'res a good 15 minutes at the end of Ron just working his way out of there.

Ron at College of Charleston, SC
Jan 19, 2012
http://www.youtube.com/watch?v=ARmSkJTlK6E

They'res an intro, 25 Minute speech is from 5:00-30:00, Q & A, then prolonged exit.

Monetary Policy 8:30-14:00

"Markets eventually know that paper is not gold."

"The dollars they put away in 1971 would be worth 15 cents [today]"

"The burden will fall on the young"

"we have a manipulated monetary system"

[presence]

Hey... this thread really belongs in the "media spin" forum... much thanks if a mod could move it.

presence

[Travlyr]

That's the thing about Associated Press... they don't have to recant because nobody knows who wrote it. The author shall remain unnamed. AP and Washington Post editors can spread whatever lies they want without accepting liability for their actions.

That is what is nice about Ron Paul and the Internet media... the truth can be found. For example, the gold standard is a definition like any other standard. The Eagle is 247.5 grains of pure gold.

[JasonC]

Yeah.. they definitely misrepresent his stance on monetary policy. Actually, all of his policies. Meanwhile, they cheerlead for any dumb talking point or distraction that is the new flavor to be spoon-fed to the public.

RP will not implement a gold standard, but he will (attempt) to repeal legal tender laws and get rid of capital gains taxes on precious metals. Basically, he is for the market deciding what is best to use as a medium of exchange. People will either transition to metals or some other commodity or the FRNs. This, in effect, can put the FED out of business, and will force it to provide a more stable, sound-fiat-money (oxymoron :p ).

[presence]

Do you expect to see Federal Gold and Silver Certificates backed in "fort knox"? Or do you expect them to be created in the private markets and backed by private bankers' vaults? Who would appraise the private vaults backing he certificates? What about other P metals?

I do think it is possible to create a more stable sound fiat, but I do think we need to tie it to something dynamic and market controlled like GDP. They'res 500 billion dollars in circulation and our GDP is about 15 Trillion. Where would we be, for example, if we said that a dollar is worth 1/30,000,000,000 of GDP? Then we peg the total number of bills in circulation to GDP at that rate. When the GDP rises, the number of bills in circulation rises proportionately.

Perhaps using some aggregate of GDP and total census population like per capita income instead would work. ie 1 dollar = 1/30,000 per capita income. Then we peg # dollars in circulation to per capita income. Where would that leave us? Could the result be a sound and flexible fiat currency backed by the worth of the american economy? Perhaps some other aggregate would work.

[Travlyr]

Do you expect to see Federal Gold and Silver Certificates backed in "fort knox"? Or do you expect them to be created in the private markets and backed by private bankers' vaults? Who would appraise the private vaults backing he certificates? What about other P metals?

I do think it is possible to create a more stable sound fiat, but I do think we need to tie it to something dynamic and market controlled like GDP. They'res 500 billion dollars in circulation and our GDP is about 15 Trillion. Where would we be, for example, if we said that a dollar is worth 1/30,000,000,000 of GDP? Then we peg the total number of bills in circulation to GDP at that rate. When the GDP rises, the number of bills in circulation rises proportionately.

Perhaps using some aggregate of GDP and total census population like per capita income instead would work. ie 1 dollar = 1/30,000 per capita income. Then we peg # dollars in circulation to per capita income. Where would that leave us? Could the result be a sound and flexible fiat currency backed by the worth of the american economy? Perhaps some other aggregate would work.

It is hard to know what to expect. If we can get enough people to understand that whoever controls the money supply controls society, then perhaps the people can achieve a voluntary society.

If government controls the money supply, then governments control society.
If individuals control the money supply, then individuals have control over their lives.



"There is no more direct way to capture control of a nation than through its credit and money system." - Phillip A. Benson, President of American Bankers' Association, 1939

Liberty demands honest sound money along with complete and total separation of government and money supply. Anyone and everyone should be allowed to mint coins, create certificates, and form associations. However, if one commits fraud, then he/she should pay restitution. Eventually, the cheaters would lose because nobody would want any of their fake currency, so honest exchanges would become the order of the day. The free market would regulate.

The government was appropriately charged with setting standards. They set the length of the mile, set the volume of the gallon, set the value (weight & purity) of the dollar, on and on, etc. They did that right away after ratification. Unfortunately, even risking death as called for in the Coinage Act for debasing currency, the pesky little bastards just could not leave the dollar standard alone. Counterfeiting is just too tempting. Salmon P. Chase debased the currency with his "greenbacks" and the Federal Reserve System accomplished steady debasement privileges in 1913.

As far as I am concerned, if the governments are allowed any power over the money supply, other than re-establishing the Eagle & Dollar standard as a weight and purity of metal, then people will remain slaves to the money powers.


"Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in. But, if you want to continue to be the slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." - Sir Josiah Stamp, President, Bank of England (2nd richest man in England)