Ron Paul speaks on Economics

Ron Paul speaks to local business and financial leaders at Lake Union Crew, Seattle on January 31, 2008.

One of the biggest scams ever brought about against the American people has been the Federal Reserve System, fraudulently created in 1913.

It is not federal and it has no reserves. It is a group of private bankers who basically print money out of thin air and then loan it to the United States government at interest. They also control the interest rates for our economy. The "booms" and "busts" of our economic cycles are scientifically created by the "Fed." Their goal is to make a profit for their shareholders. This powerful entity has never been audited.

Our Constitution states that Congress is to be the one to coin our money and regulate its value. We don't need the private bankers as "middlemen" who have fleeced American citizens out of trillions of dollars over the years.

The Federal Reserve has continually created more and more money over the years, causing inflation. The purchasing power of a 1913 dollar has declined to a value of about one penny today.

The federal income tax was also fraudulently created in 1913. The 16th Amendment was never fully ratified. There is no law stating that we have to pay a tax on our wages. The bankers have tricked us into believing that these taxes fund the government, instead of their inflationary scheme of creating money out of nothing. A commission set up by President Reagan admitted that not one dime of our income tax goes to run the government. It all goes to pay the debt to the private bankers of the Federal Reserve.

Of the current presidential candidates, only Ron Paul is talking about this issue. He understands the "hidden inflation tax" on Americans and the unnecessary and unconstitutional Federal Reserve system. He would phase this system out and eliminate the IRS and the income tax. Our ailing republic needs Ron Paul's monetary expertise now more than ever.

Last Weekend to Canvass Before Super Tuesday

Friends,
This is the last weekend before Super Tuesday. I know that all of us here are tuned into what is going on, but many of your neighbors are not. For example, prior to joining this movement, I'd never voted in a presidential primary. I never even knew when they were. This weekend is crucial for door-to-door canvassing. If you remind people that there is a vote on Tuesday, and of what is at stake, you can motivate a lot of people to vote this weekend. This is what it is all about -- getting people to come out and vote.

If you haven't done so, go to the campaign site and become a precinct leader. You'll get a list of addresses of known Republicans and Independents in your neighborhood. Take a few hours this weekend to visit them and drop off some Ron Paul literature with a reminder to vote.

If you need literature, it is too late to order it and get it in time. Contact your local Meetup group - they likely have some for you. Otherwise, you can download it directly from the campaign site, take the file to Kinko's or some other local copy shop, and have your own printed up. Precincts are small, but you have the opportunity to make a big impact in yours!

Good luck to us all on Super Tuesday, and thank you Ron Paul.