Re: RON PAUL --- Tax-Free Gold Act of 2008



On Feb 17, 4:10 am, Bill Dukenfield <BillDukenfi...@xxxxxxxxxx> wrote:
Peter wrote:

On Feb 16, 5:11 pm, "PC" <PCame...@xxxxxxxxxxxxxxxx> wrote:
Arizona Coin Collector wrote about Ron Paul:
*snip*

The more I read about this guy the more I like him.  I was really
disappointed in the last Republican debate I watched.  It seemed like Ron
Paul was giving straight, honest answers.  It wasn't enough that no one
seemed to be listening to him but you could see the other candidates roll
their eyes when he started to speak as if it was embarrasing to be on stage
with him or something.

The guy is right on about how the Fed is being irresponsible just printing
money out of nothing.  He was the only Republican candidate to admit the
invasion of Iraq was a plan hatched well before 9/11.  In fact, he is the
only candidate I have seen that flat out stated that Iraq had *nothing* to
do with 9/11.  He isn't dancing the party line because he knows it is BS.
As a bonus he seems to have coin and bullion collector's interests at heart.

--
"Line up alphabetically by height" - Bill Peterson, Florida State Head
Football Coach

Sen Paul has expressed a preference for a gold standard for some
time.  It is an interesting goal.  I also see why others will have
misgivings.  Still, I don't see a reason to object to making
conversion of gold (or other precious metals) into dollars tax free).

It appears that he may be trying another approach to answering his
question, "what is money".

What is money?

A medium of exchange, nothing more. It doesn't matter if it's gold,
silver, beaver pelts, shells or paper notes. One is as good as the next.
Even when our money was made of gold and silver there was never $1 worth
of silver in a silver dollar and never $10 worth of gold in an eagle.

Ron Paul is the one who is short on substance. When he expresses one of
his dim witted ideas he never takes the time to elaborate on the effect
they will have on the lives of the rest of us.

Lets reduce, or better yet eliminate taxes, social security, medicare,
the EPA, FDA, public schools, and workers comp. In no time at all we
will have the kind of country a wealthy elite will love

Life, liberty and the pursuit of happiness for them that can afford it
and work for mere existence until you die for the rest of us.

JAM- Hide quoted text -

- Show quoted text -

"A medium of exchange, nothing more."

Possibly you don't really mean this. The material used for money has
to have other properties. The value must be generally acceptable and
stable enough that it is possible to set values for goods. Dry ice or
calcium coins would be quite impractical.

Many discuss the idea that money should be a store of value, also.
That largely depends on other factors (e.g., demographics). Even so,
when you are sure something is not a store of value, the natural
tendency is to get rid of it (fast).

.



Relevant Pages

  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
    ... FRNs are not promissory notes. ... Emergency and confiscated all the gold and making it's holding illegal ... requires more money to run our economy than there is gold in the world. ... If we tied our commerce to silver and gold we might pay 15 ...
    (misc.legal)
  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
    ... However if silver & gold coin or titanium and paladium coins ... The public debit is about $9 trillion; the money supply is ... promissory note for $20 is nominally worth twenty dollars. ...
    (misc.legal)
  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
    ... FRNs are not promissory notes. ... However if silver & gold coin or titanium and paladium ... You're right about FRNs and the gold supply. ... requires more money to run our economy than there is gold in the world. ...
    (misc.legal)
  • Re: FBI Raids Liberty Dollar - Confiscates All Ron Paul Dollar
    ... However if silver & gold coin or titanium and paladium coins ... The public debit is about $9 trillion; the money supply is ... There is enough debt in FRN's to buy every ounce of gold on the planet 3 ... promissory note for $20 is nominally worth twenty dollars. ...
    (misc.legal)
  • Re: Silver Bullion
    ... between paper money and gold, the value of paper money has ... Gold is gold, and ultimately, paper is still good to wipe your ass ... > and silver, the usefulness of such commodities as a store of value has been ... > from the disastrous effects caused whenever governments have tried it. ...
    (rec.collecting.coins)