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Paul called a congressional hearing Thursday to grill federal officials about his bill to audit and inventory all of the gold reserves at Fort Knox, Ky., West Point, N.Y., and Denver, even though Treasury officials insist that the gold is audited annually and is all there.
During the hearing, Paul suggested that the Federal Reserve of New York, which has 5% of the U.S. gold reserves, has the ability to secretly sell or swap gold with other countries without anyone knowing.
"The Fed is pretty secret, you know," said Paul, who leans Libertarian. "Congress doesn't have much say on what's going on over there. They do a lot of hiding."
Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011
So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?
The guy is totally looney, totally insane.
Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011
So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?
The guy is totally looney, totally insane.
How does this make him insane? The Fed has been dumping gold onto the market to try to slow the rapid increase of the value of gold for the past several years. And should they ever run out that could mean SERIOUS problems for our treasury.
And hasn't Ron Paul opposed every bill that has brought about the debt/deficit that you think he should be focusing on? You do realize he is the chairman of the subcomittee on the Fed right? This is his job. But I suppose to some, a politician doing his job rather than wasting our money is a bit looney, looney being a relative term. I suppose you consider his attempt to audit the Fed are equally insane right?
You're fine with the government participating in fraud and call those who speak out against that fraud insane?
Do you have evidence to support your accusations?
Some reason to think there is less gold there than thought?
Any other conspiracy crap you buy into?
Do you have evidence to support your accusations? Some reason to think there is less gold there than thought? Any other conspiracy crap you buy into?
Uh oh we lost gold what in gods name will we do now?
Seriously Ron this is what you are ****ing worried about where the **** gold went? I understand your fetish with the gold but this is what you are worried about?
Ron Paul wants gold at Fort Knox audited - Jun. 24, 2011
So, with all the issues facing America today, the debt/deficit, war in Afghanistan, whatever it is in Libya, unemployment over 9 %, two parties who cannot figure out how to work together for the common good...and what is Ron Paul calling congressional hearings over?
The guy is totally looney, totally insane.
Redress said it...WITH all the problems we have, Ron Paul wants fort knox audited and pairs with Barney Franks to legalize marihuana....the guy is a loose wheel and his son is identical only alot meaner along with being nuts
Quiz: What do Ron Paul, Newt Gingrich, Michelle Bachman, Sarah Palin, Dittohead Not!, and Rick Santorum all have in common?
Answer: None of us is going to be president in 2012.
The argument that we have more pressing matters at this time is reasonable, to call him nuts because of this is absurd. If you were to look at all the things our congressmen are working toward at any given time I think you would find many cases that could be considered as ridicules or worse. Sadly I feel most strive for self interest and present their causes as "best for the country". While many view Ron as off base with many of his views I feel he honestly tries to do what is right by the people. This to me makes him far more respectable then 95% of the others regardless if I agree with him or not.
Redress said it...WITH all the problems we have, Ron Paul wants fort knox audited and pairs with Barney Franks to legalize marihuana....the guy is a loose wheel and his son is identical only alot meaner along with being nuts
So doing his job is insane, but prohibition isn't? :roll:
Redress said it...WITH all the problems we have, Ron Paul wants fort knox audited and pairs with Barney Franks to legalize marihuana....the guy is a loose wheel and his son is identical only alot meaner along with being nuts
I was just reading last month that in the same national address (1974?) in which he imposed wage/price controls, Nixon said the US dollar would no longer be backed by gold. It seems that the week before this, a British bank had demanded that $4 billion it held in US currency be converted to gold.
I'm fairly sure the author specified a British bank. But no, I'm not positive. That was about a month or so ago and it was just one tidbit in a rather lengthy (and dry) book about the history of energy in the United States.Are you sure it was a the british?
I thought it was the french who caused the US to leave the gold standard
You're fine with the government participating in fraud and call those who speak out against that fraud insane?
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