Sunday, January 6, 2008

Ron Paul in Exile--A Generation in Disgrace

Newsmax reports that Fox will exclude Ron Paul from the New Hampshire debate. I watch Fox News for television news except when in my health club, surrounded by progressive-liberals from nearby Woodstock, NY. Then I watch Turner Classic Movies. In addition to watching Fox, though, I support Ron Paul despite his views on Iraq. I support Paul because he is the only Republican candidate who believes in shrinking government and ending inflation. He is not the only Republican candidate who says that he will shrink government. Most of them do.

But the Republicans gained control in 1980 and have had control of the White House for 19 of the past 27 years. They have had control of the House of Representatives from 1995 to 2006 and of the Senate from 1995 to 2001 and from 2003 to 2006. During that time, government spending has mushroomed and the departments of education and energy have been going strong. Which of the thousands of worthless government programs have the Republicans eliminated in the last ten years? I'm listening. I've heard the list is short. Very short. So short that it just went by, and I still haven't heard it.

As well, there has been a cornucopia of free credit, meaning counterfeit money, emanating from the Federal Reserve Bank since 1980. The exact amount is unclear because the M-3 statistic that includes foreign money has been eliminated. However, the past twenty-seven years has seen a 3.5% inflation rate if you exclude, as the Department of Labor did in the early 1980s, inflation in the value of home purchases. My friend has had to move from Queens because she cannot afford to purchase an apartment or house near New York City. Today, mostly millionaires live in Manhattan, once the nation's cultural center, but no longer because it is populated by non-English speaking peoples whose currency is sound. Creative cultural types have moved to North Carolina. Only the beneficiaries of the paper money bonanza can affored to live in Manhattan.

What is most astonishing about the crippling monetary expansion that has gone on during the past 27 years is that the public does not care. No cares that prices have gone up, that a dollar in 1979 is worth 38 cents today (excluding home purchases). No one seems to be aware that America cannot continue to be a great power with a currency that stands to be depreciated by 500% if chief dollar holders sell.

The effects of inflation in the past 27 years have been devastating, yet no one seems to mind. Certainly not the broadcasters on CNN, CBS, ABC or for that matter, Fox. We are a nation that, under Republican leadership, has given up our national purpose and independence for a flat screen TV and a cellular telephone. This generation of Americans is a disgrace.

Given America's suicidal pattern, where conservatives' main concern is immigration at a time when our money supply is owned by foreign governments, there has been only one candidate willing to question ReInflateoCrat (the "In" stands for Bloomberg Independent) monetary extremism, and that is Ron Paul. That Fox has excluded him from the debates suggests that there will be little serious debate of any kind in 2008.

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