Comments on: Ron Paul, President Obama what can be learn from Africa Leader Mugabe…

By: James G

James G — Sun, 02 Oct 2011 03:56:36 +0000

“First we owe Japan more than a trillion dollars, not to mention we are in worse shape than Japan, even after their natural disasters since they do have major exports to lean on and higher rates of savings available…”

Torrance, I think you’re confused between Japan & China.

First off, the Chinese and Japanese are two different countries, ethnically and culturally. I hope there is nothing “stereotypical” (based on looks, etc.) in your mix-up assumption here (considering I too am Asian-American, who does not belong to either).

With that said, you are referring here to China…not Japan.

We owe China trillions and is the U.S. biggest creditor, not Japan. Also, regarding the higher savings rate, it is not the Japanese anymore (used to be in the ’80-90’s at 10-15% household savings rate; now at around 2% as of 2009). That honor goes to the Chinese…

http://www.bis.org/publ/work312.pdf

http://www.project-syndicate.org/commentary/feldstein28/English

With some inaccuracies, research and proof reading requirements aside…chalk up another excellent article on Ron Paul.

By: Phillip

Phillip — Sat, 01 Oct 2011 14:46:02 +0000

Great article! I carry a 50 trillion Zimbabwe note in my wallet all the time. I hadn’t realized they had turned things around so quickly. Though it is my understanding that Zimbabwe is from being free society, it is interesting to see how having a more sound currency as a such powerful effect.

By: Wes

Wes — Sat, 01 Oct 2011 06:51:54 +0000

Copy editor. Seriously. Typos happen but this is fairly incomprehensible in places. Hit me up if you’d like a proof-read on future articles, it’ll make a world of difference, IMO.

Ron Paul 2012

By: Duda

Duda — Sat, 01 Oct 2011 05:43:30 +0000

If we just got rid of the Federal Reserve it wouldn’t even matter if the dollar was backed by gold or not. As long as we can’t print money, we’re solid. However, if everyone stops investing in us, gold standard is safer. Imagine how powerful we’d be if it wasn’t for the fed reserve, constantly inflating our currency and forcing booms and busts?

By: Michael Ivy

Michael Ivy — Sat, 01 Oct 2011 01:48:01 +0000

Yeah,

The article was a tough read and should have been proofed, but, I (we) got it. I think the author raises an interesting point that in a roundabout way underscores Paul’s position on sound money. Mugabe’s effort to use other currencies backed by someting ov value has quickly turned that country around. A silver backed peso, I imagine, would also instill confidence in the value of Mexico’s medium of exchange other than drugs. Point is, sticking to a strong currency encourages investment and trade into that strength. It instills confidence. And the productivity gains are enormous as the author points to Zimbabwe. Zimbabwe is an excellent example of how quickly things can turn around if things are done right. I imagine the same could easily be said for the US if it were to also adopt a strong dollar policy as well. But, unless there is serious change at the top and Fed policy is completely revamped such that it’s mandate is to everywhere and always maintain a strong domestic currency, then the US will continue down the path of imiseration personified by high prices and unemployment. Of course, if MSM has it their way – there won’t be any change. And it will mean tough times for Americans going forward.

By: TLR

TLR — Fri, 30 Sep 2011 22:44:22 +0000

I voted for President Obama, but in 2012 I’ll be voting for Ron Paul, because I truly believed Obama was different. I believe Paul is different. He could be making cheap promises too. Time will tell. If he is, I do over all of that respect his positions on issues and appreciate the fact that he’s opened the doors to what individual freedom and real revolution is all about.

By: Jackson Baer

Jackson Baer — Fri, 30 Sep 2011 18:44:51 +0000

True or not true, this can’t be good for the campaign…

RON PAUL 2012

http://www.youtube.com/watch?v=yjRcO1Sm0HU

By: Aaron

Aaron — Fri, 30 Sep 2011 18:44:02 +0000

Let me start by saying PAUL2012!!! But I have to ask, who writes these articles? They are FULL of grammatical and spelling errors. Don’t use a big word if you don’t know how. However, continue your support Dr. Paul for President.

By: Adan Rodriguez

Adan Rodriguez — Fri, 30 Sep 2011 18:43:35 +0000

You know, if Zimbabwe does get a gold back currency, and if Carlos Slim’s hopes that a newly elected body of politicans in Mexico bring back the Peso with silver backing, those two countries are going to see a HUGE turn around (well Mexico definitely would see a turn around if Mexico legalizes all drugs).