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Showing posts from January 11, 2008

Ron Paul Statement on The New Republic Article Regarding Old Newsletters

Ron Paul Statement on The New Republic Article Regarding Old Newsletters: "'The quotations in The New Republic article are not mine and do not represent what I believe or have ever believed. I have never uttered such words and denounce such small-minded thoughts.

'In fact, I have always agreed with Martin Luther King, Jr. that we should only be concerned with the content of a person's character, not the color of their skin. As I stated on the floor of the U.S. House on April 20, 1999: 'I rise in great respect for the courage and high ideals of Rosa Parks who stood steadfastly for the rights of individuals against unjust laws and oppressive governmental policies.'

'This story is old news and has been rehashed for over a decade. It's once again being resurrected for obvious political reasons on the day of the New Hampshire primary.

'When I was out of Congress and practicing medicine full-time, a newsletter was published under my name that I did not e…

The Deflation Time-bomb

"The constant rate cuts and geopolitical jitters have sent gold skyrocketing. Since August 2006, gold has gone from $650 per ounce to $887; a whopping $237 in just 5 months. If that is not a indictment of the Federal Reserve and their “loosey-goosey” monetary policy; then what is? According to the Wall Street Journal “gold and oil have run almost in perfect tandem. The price of gold has risen 239% since 2001, while the price of oil has risen 267%. That means if the dollar had remained as 'good as gold' since 2001, oil today would be selling at about $30 a barrel, not $99.” (WSJ; 1-4-08)
That's right; the price of gas today is attributable to war, tax cuts and the relentless expansion of credit by the Federal Reserve---NOT OIL SHORTAGES!"