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FlashBack: Ron Paul on our economy...

Ron Paul & Economics - Saving the Economy; Saving America

October 1, 2008

The perfect financial storm coming ashore?

Back in January this economic article appeared. Well before that, Dr. Ron Paul was busy educating our nation on our Constitution and the economy and the problems with how both are being abused.

See article here:
http://ronpaul.myfeedportal.com/viewarticle.php?articleid=37

Which reads in part:
"We are in, what could become, the perfect (not so perfect in terms of our standard of living) storm. High oil prices, a weak U.S. dollar, the housing bubble has burst (meaning a general banking crisis could be on the verge and certainly lending will be curtailed.) and what is now starting to be called a recession."

Read the full article on just some of Ron Pauls stark warnings here.

Keep in mind - (SEE COMMENTS IN ABOVE LINKED ARTICLE) on how MONEY is CREATED....
Money Creation = Debt
Thus, "our" system relies on debt to exist! That is perhaps evil; in any event not ethical. The predator mortgage lenders and loan providers simply had to, under the Federal Reserve policy, sell more and more mortgages and loans (Credit cards or otherwise) to keep the chain whole. The weak links are now becoming apparent.

Who are you voting for this election year and why?

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