It could be
just the impression of this one lonely editor, but it seems that
ever since Dr. Ron Paul announced his focused
quest for the presidency hes been especially fiery in
delivering his message. A recent clip shows Dr. Paul directly addressing
how a time of failing confidence in the dollar is rapidly approaching
and what consequences of that are likely:
will pour into purchasing consumer items, precious metals, and
other physical goods that will better hold their value.
prices and interest rates will soar, as the Federal Reserve loses
control, inflation worsens, and confidence falls apart.
paper currencies offer refuge because they are also backed by
most dangerous consequence could arise as the pain of US citizens
reaches the kind of fever pitch that results in political and social
chaos. The increasingly broke federal government will find itself
unable to fund domestic and international commitments, and
with an air of desperation will instead leverage the issue
of social unrest to apply draconian measures under the cover of
maintaining law and order.
As Dr. Paul
says word-for-word, the ultimate trap will be set for a system
of government claiming to protect a free society. The feds,
enforcing new power and authority will become what he describes
as a lethal threat to civil liberties. Ironically, its
likely to be US citizens themselves that clamor for new enforcement
measures to be used before recognizing too late the
nature of the trap.
including his concerns regarding intelligence agencies, the military,
and the welfare state and what could be done to hold off
crisis can be seen in the video below, which came to our
attention via GoldSilvers recent post on Ron
Pauls urgent warning.
Rocky Vega is a regular
contributor to The Daily
Reckoning. Previously, he was founding publisher of UrbanTurf
and RFID Update, which he operated from Brazil, Chile, and
Puerto Rico, and associate publisher of FierceFinance. He
specialized in direct marketing at MBI, facilitated MIT Sloan School
of Management programs, and has been featured on CBS. Vega graduated
with honors from Harvard University, where he was on the board of
Letís Go Publications and directed business programs involving McKinsey,
Goldman Sachs, and Harvard Business School faculty. He is also enrolled
at the Stockholm School of Economics.