[redjako]

This would Sortof be a way of "protesting" the irresponsible policies of Greenspan, but, won't fix anything.

Like the first poster said "don't cause more anarchy."

Greenspan kept interest rates artificially low = boom. Wallstreet OK's shitty loans, = boom / crash. Both = big crash.


bah

[Saith]

I do agree that we are rapidly approaching the point where it will take direct action by large portions of the civilian population to check the growing tyranny of the Federal government.

[Chaos Mitten]

I didn't realize the Ron Paulites were still at it. Good for them.

[Ultimo Hombre]

Oh jeez, you kids need to grow up. The Gold Standard was stopped in 1933- and Americans have seen the greatest prosperity in the history of the world ever since.

Do any of you little college kids actually believe life for average americans was better in 1900, 1910, or 1920- then from '33 on? You must think there are only 100,000 Americans living on the east coast and we all have our own well and farm land and animals.

[Ultimo Hombre]

Originally Posted by HeadBanger

Good call. But it is him on the video.

So some libertarian propegandist took Ron Pauls words, spliced them to a propeganda video with pictures from the Depression, and concluded that we all need to withdraw our savings on June 5th- and you buy it simply because you hear Ron Pauls velvety voice?

***slaps head***

[Ultimo Hombre]

Originally Posted by redjako

Well the idea of going back to a currency Standard (gold, silver or something) is impossible. A fiat system of currency is necessary to finance...everything. We are (and any developed country) a debt-financed government, and would not have been able to grow / provide jack shit without debt financing.

The actual "pull out" of funds? Who knows, the FED guarantee's up to 100k anyway..

Exactly... debt-financing is a way of life. It's how we buy houses, get a college education, buy a vehicle, not to mention the obigatory credit card for emergencys and luxuries- etc, etc... All these Ron Paulie girls still live at home with their parents so they don't understand this.

Any Ron Paulie girl who DOES live on their own, no doubt has a half-dozen different debts outstanding to finance their lifesyle... but our government can't borrow to function. It's hilarious. Until every Ron Paulie girl pays cash for their house, cars, cuts up credit cards and pays cash for school- they need to stfu about our monetary system.