Ron Paul on the Federal Reserve and FEMA – Vintage Ron Paul 1988
February 19th, 2012
Check out my site: www.bradticus.blogspot.com See these sites for more great information www.infowars.com http www.prisonplanet.tv http www.adamvstheman.com http www.dailypaul.com http www.ronpaulflix.com FAIR USE NOTICE This video may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a ‘fair use’ of any such copyrighted material as provided for in Title 17 USC section 107 of the US Copyright Law. August 1988 www.amazon.com Watch the full interview: thefilmarchived.blogspot.com Ron Paul sees the creation of the Federal Reserve, and its ability to “print money out of thin air” without commodity backing, as responsible for eroding the value of money, observing that “a dollar today is worth 4 cents compared to a dollar in 1913 when the Federal Reserve got in.” In 1982, Paul was the prime mover in the creation of the US Gold Commission, and in many public speeches Paul has voiced concern over the dominance of the current banking system and called for the return to a commodity-backed currency through a gradual reintroduction of hard currency, including both gold and silver. A commodity standard binds currency issue to the value of that commodity rather than fiat, making the value of the currency as stable as the commodity. The Federal Emergency Management Agency, or FEMA, is an agency of the United States Department of Homeland Security, initially created by Presidential Order on 1 April 1979. The primary purpose of …
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