American Monetary Policy by Ron Paul, US Representative & 2008 Presidential Candidate

While getting my reading and research started today, I played the below video on YouTube.  I don’t have time to watch things, but I can listen while working.  The discussion is about money.  This is a topic I’ve followed for over 20 years, because I realized when I was in high school that trends are what changes the world. I knew back then that when my parents retired, they’d be faced with what many will face starting January 2008.  Following the first of the year, a cycle of dependency starts.  There are all the gifts that have been promised to working people with very little regard to how they were going to pay for it.

Once I described the US social security system as the biggest PONZI SCHEME to ever be run in a marketing forum and I was laughed at.  Then I understood that very few people really knew what was going on and most other didn’t really care until the “house of cards” fell apart.

When social security was started, there were around 31 people working for every person who received benefits.  Now that ratio is about 3 workers for every beneficiary.  Since many people have two jobs to make ends meet, that ratios might be 2 to 1.

All this is coming to light because of one man now, and I am voting him the RICH SAGE PERSON of the YEAR for 2008.  His name is Ron Paul, MD (retired) from the State of Texas.  I’ve put up the below series of videos because I think every American’s second most important obligation is to know what is really happening with policy in Washington DC.  The first obligation is to vote.  Anyway, watch this video and learn from it because it’s worth a 1,000 times more than any half-hour sitcom you’ll ever watch.

Rich Sage

Ron Paul discussing US Monetary Policy: What *every* American needs to learn from…

  

PS: After you watch this, ask yourself — Will Mitt or Rudy discuss a monetary policy like this? My comment is not meant to be hilarious either, but I’ll leave it to you to be the judge.