On Wednesday night during the debate among GOP Presidential candidates at the Ronald Reagan Presidential Library, some Establishment candidates were yammering on about the high price of gasoline under the Obama administration, and how they would rectify that situation if they were elected President.
And then it happened. A "game changer" moment that could transform the entire election, or perhaps American history, irrespective of the election results. Ron Paul had the impertinence to point out to a national audience that gasoline could actually be purchased RIGHT NOW for a mere ten cents per gallon!
Really? Now? Where? Congressman Paul explained that a SILVER dime is currently worth over $3.00, which is nearly enough to buy a gallon of petrol in the U.S. You remember those Mercury head dimes, donít you? What ever happened to those? And, come to think of it, why doesnít a dime minted in 2011 buy a gallon of gas?
Admittedly, itís a simple question. And that why itís so dangerous. This line of thinking simply canít be allowed to gain traction. Itís crazy talk by Ron Paul who stubbornly clings to a bygone era of monetary policy (including relevant clauses of the Constitution) and who simply doesnít comprehend the modern wonders of "quantitative easing." Move along citizens, thereís nothing here to see. Got it?
Thatís the thrust of an editorial written by Charles Lane and published in the WaPo on the morning immediately following the debate. Egad, the idea of SILVER currency is soooo "18th century" according to Lane. Never mind that dimes, quarters and half dollars minted by the U.S. government were comprised of at least 90% silver for the entire 19th century and for nearly 65 years of the 20th century too (i.e. until 1964). Mr. Lane apparently wasnít aware of such recent history.
Or was he? Of all the debate moments to critique, why did the WaPo deem it necessary to challenge this one particular point that was made so well by Ron Paul? Hmmm, letís see now. Why on earth would the WaPo attempt to ridicule anyone who poses a threat to the power structure that depends on the depredations of the FED? What animus could the WaPo possibly have against a 10 term Congressman who wrote a book entitled, End the Fed, and whose son was recently elected as a U.S. Senator?
Perhaps the WaPo editorial attack on Ron Paul can be explained by the following additional facts, which have previously been pointed out by Lew Rockwell, and which reveal the true agenda of the Establishment and their paymasters (the Banksters) who are terrified that the American public might actually begin to wonder who is responsible for the ongoing monetary devaluation that Ron Paul illustrated with such devastating effect during the debate:
With a pedigree like that, it begins to make sense why the WaPo simply couldnít allow Ron Paul to speak the truth about our ongoing money devaluation without being given the "treatment". Former WaPo writer, Carl Bernstein, in his famous Rolling Stone article, The CIA and the Media, gave a further glimpse into the pedigree behind the WaPo propaganda platform that Ms Weymouth inherited, which he described as follows:
None of this is conspiracy theory. Just plain old history. But, just for fun, consider that Katherine Grahamís 1997 autobiography says that her husband (WaPo publisher, Philip Graham) was instrumental in getting Lyndon Johnson to be the Democratic Vice Presidential nominee in 1960. And, consider also that her father handed the reigns of the fledgling World Bank to Mr. Establishment (McCloy), who later became a member of the Warren Commission, which certainly tried its best to make sure that nobody would ponder the motives or means of anyone (beyond Oswald) or any organization that might be interested in seeing a certain V.P. become the POTUS.
And itís also interesting to reflect for a moment on the last 3 words of the excerpt from Bernsteinís article which is quoted above. Bernstein is smart enough to "consider the source," but he doesnít appear to question the assertion of his CIA source in any way. Of course, if Mr. Graham didnít know too much about the CIA arrangements with Newsweek (owned by the WaPo) as the "CIA source said", there wouldnít be any need for his suicide to be arranged, would there? But, the same canít necessarily be said for Mr. Wisner, the deputy director of the CIA in 1965, who was the best friend of Mr. Graham, and who also apparently carried a heavy burden that ended in his subsequent suicide a mere two years later.
JFK was the last President who presided over coinage of 90% silver money that Mr. Lane at the WaPo holds in such contempt. In 1971, a mere 8 years after JFK was assassinated, President Nixon severed all ties between the U.S. dollar and gold, and the ensuing 30 years have witnessed the dramatic loss of purchasing power that was beautifully illustrated by Ron Paulís reference to one thin dime.
After the demise of the gold standard under Nixon, another GOP President was elected after serving as CIA Director. This President was descended from an executive of the investment banking firm, Brown Brothers Harriman, which according to at least one description, "is particularly notable because of the large number of influential American politicians, government appointees, and central bankers who have worked at the company since its foundationÖ" (To be fair, on the Democrat side of things, Obamaís extensive ties to the Goldman Sachs investment banking firm demonstrates that both parties are beholden to the Banksters).
Ron Paul is not singing from the same monetary hymnal used by Richard Nixon, G.H.W.B. or Barry Goldman Obama. He dares to remind folks about what has been happening to our money since the days of JFK (and even before that). Perhaps Ron Paul should consider himself lucky that he has only suffered (so far) the indignation of the WaPo for speaking and writing about the depredations of the Fed and by running for the Presidency. His courage in doing so is remarkable in light of the recent history (post 18th century) that Mr. Lane would like to ignore, including the sorry history of the WaPo.
September 10, 2011
William F. Watkins [send him mail] is a graduate of Georgetown University and the University of Kansas Law School. He practices law in the Midwest.
Copyright © 2011 by LewRockwell.com. Permission to reprint in whole or in part is gladly granted, provided full credit is given.