From: Congresman Ron Paul [mailto:updates08@ronpaulforcongress.com]
Sent: Thu 9/25/2008 2:52 PM
Dear Friends:

The financial meltdown the economists of the Austrian School predicted has arrived.

We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to be allowed. By doing more of the same, we will only continue and intensify the distortions in our economy — all the capital misallocation, all the malinvestment — and prevent the market's attempt to re-establish rational pricing of houses and other assets.

Last night the president addressed the nation about the financial crisis. There is no point in going through his remarks line by line, since I'd only be repeating what I've been saying over and over — not just for the past several days, but for years and even decades.

Still, at least a few observations are necessary.

The president assures us that his administration "is working with Congress to address the root cause behind much of the instability in our markets." Care to take a guess at whether the Federal Reserve and its money creation spree were even mentioned?

We are told that "low interest rates" led to excessive borrowing, but we are not told how these low interest rates came about. They were a deliberate policy of the Federal Reserve. As always, artificially low interest rates distort the market. Entrepreneurs engage in malinvestments — investments that do not make sense in light of current resource availability, that occur in more temporally remote stages of the capital structure than the pattern of consumer demand can support, and that would not have been made at all if the interest rate had been permitted to tell the truth instead of being toyed with by the Fed.

Not a word about any of that, of course, because Americans might then discover how the great wise men in Washington caused this great debacle. Better to keep scapegoating the mortgage industry or "wildcat capitalism" (as if we actually have a pure free market!).

Speaking about Fannie Mae and Freddie Mac, the president said: "Because these companies were chartered by Congress, many believed they were guaranteed by the federal government. This allowed them to borrow enormous sums of money, fuel the market for questionable investments, and put our financial system at risk."

Doesn't that prove the foolishness of chartering Fannie and Freddie in the first place? Doesn't that suggest that maybe, just maybe, government may have contributed to this mess? And of course, by bailing out Fannie and Freddie, hasn't the federal government shown that the "many" who "believed they were guaranteed by the federal government" were in fact correct?

Then come the scare tactics. If we don't give dictatorial powers to the Treasury Secretary "the stock market would drop even more, which would reduce the value of your retirement account. The value of your home could plummet." Left unsaid, naturally, is that with the bailout and all the money and credit that must be produced out of thin air to fund it, the value of your retirement account will drop anyway, because the value of the dollar will suffer a precipitous decline. As for home prices, they are obviously much too high, and supply and demand cannot equilibrate if government insists on propping them up.

It's the same destructive strategy that government tried during the Great Depression: prop up prices at all costs. The Depression went on for over a decade. On the other hand, when liquidation was allowed to occur in the equally devastating downturn of 1921, the economy recovered within less than a year.

The president also tells us that Senators McCain and Obama will join him at the White House today in order to figure out how to get the bipartisan bailout passed. The two senators would do their country much more good if they stayed on the campaign trail debating who the bigger celebrity is, or whatever it is that occupies their attention these days.

F.A. Hayek won the Nobel Prize for showing how central banks' manipulation of interest rates creates the boom-bust cycle with which we are sadly familiar. In 1932, in the depths of the Great Depression, he described the foolish policies being pursued in his day — and which are being proposed, just as destructively, in our own:

Instead of furthering the inevitable liquidation of the maladjustments brought about by the boom during the last three years, all conceivable means have been used to prevent that readjustment from taking place; and one of these means, which has been repeatedly tried though without success, from the earliest to the most recent stages of depression, has been this deliberate policy of credit expansion.

To combat the depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection — a procedure that can only lead to a much more severe crisis as soon as the credit expansion comes to an end ... It is probably to this experiment, together with the attempts to prevent liquidation once the crisis had come, that we owe the exceptional severity and duration of the depression.

The only thing we learn from history, I am afraid, is that we do not learn from history.

The very people who have spent the past several years assuring us that the economy is fundamentally sound, and who themselves foolishly cheered the extension of all these novel kinds of mortgages, are the ones who now claim to be the experts who will restore prosperity! Just how spectacularly wrong, how utterly without a clue, does someone have to be before his expert status is called into question?

Oh, and did you notice that the bailout is now being called a "rescue plan"? I guess "bailout" wasn't sitting too well with the American people.

The very people who with somber faces tell us of their deep concern for the spread of democracy around the world are the ones most insistent on forcing a bill through Congress that the American people overwhelmingly oppose. The very fact that some of you seem to think you're supposed to have a voice in all this actually seems to annoy them.

I continue to urge you to contact your representatives and give them a piece of your mind. I myself am doing everything I can to promote the correct point of view on the crisis. Be sure also to educate yourselves on these subjects — the Campaign for Liberty blog is an excellent place to start. Read the posts, ask questions in the comment section, and learn.

H.G. Wells once said that civilization was in a race between education and catastrophe. Let us learn the truth and spread it as far and wide as our circumstances allow. For the truth is the greatest weapon we have.

In liberty,
Ron Paul

Paul Streitz
Director, CT Citizens for Immigration Control
http://www.ctimmigration.com/
amfirst@optonline.net

Let's keep those phones ringing!

or here is a sample fax or email ...

The good news is that this is a crisis of opportunity!

I urge you to have a visit with Dr. Ron Paul, Rep. from Texas. He knows that the basic problem is the Federal Reserve. It is unconstitutional, because the Congress was given no authority in the Constitution to give away its authority and responsibilities. Money and commerce are responsibilities of Congress. The Federal Reserve has been debauching our currency and stealing our wealth for more than half a century. The following was written by the father of our debt money system, John Maynard Keynes ...

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose." — The Economic Consequences of the Peace, 1920

This is a crisis of opportunity.... opportunity for Congress to get rid of the Federal Reserve, and take back its constitutional authority and responsibility ... NOW, while the People are incensed and aware that they are being taken to the cleaners.

I urge you to sign on to Ron Paul's bill for that purpose. Join him in this movement. You will both go down in history as heros.

Thank you for your consideration.

What about the Constitution?
What does it have to do with government accountability?

The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
__ The Ninth Amendment

The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the People.
— The Tenth Amendment

… One has a totally corrupt government that, in spite of abundant natural resources, and the industriousness of its people, has always rigorously kept them in poverty, and brazenly exploited the compassion of the USA.

… The other owes allegiance to the British crown.

The trade route through the three nations merged into the NAU will come from Mexican ports, the cargo having bypassed all US West Coast ports, and will cross US borders as if they were not there.

With abuse of eminent domain, The NAU superhighway will demolish cities and towns, destroy farms, and split ranches, and will be built and managed by foreign corporations, which will collect the tolls for 50 years.

The corporation which will manage the NAU superhighway has ties to the Chinese government. The inland port of only inspection for the NAU superhighway (electronic only) will be Mexican territory … in Kansas City!

This is not a plan for the distant future.
Work has already begun!

All this would never have happened if the People had demanded that the public officials be accountable, holding them to the standard of the Constitution.

Why did they not demand such accountability?

They could not demand it, because they did not know the Constitution.
They did not know they were being deceived.

How many people today know the Constitution? How many know they have been, and are being, deceived? Have the schools of the USA become tools of the elite to deceive the People?




Were you aware of this? …

Up until 1942 the USA had virtually no INCOME TAX
The government was funded by TARIFFS!


Now consider this …

Trade treaties have removed the TARIFFS.
Today the USA has a punitive INCOME TAX.




What do the income tax and tariffs have to do with government accountability?





Let us look at a small bit of history — in a nutshell —
from the perspective of the Constitution;
history that I did not learn in school; did you? …

"From many generations’ ranks
Someone steps forward, all alone.
Genius announces privilege
And going, leaves oppression’s yoke."
— from a poem of Boris Pasternak:

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose."
— The Economic Consequences of the Peace, 1920

Manufacturers now have two options for survival:

.... *.... They can fire their legal work force and replace them with illegal aliens, who can work for a pittance, because they are subsidized by taxpayers with free health care, schooling for their children, etc.

.... *.... Or they can outsource their production, firing workers, abandoning plants, and employing slave labor in other countries.

Almost every time we make a purchase, we are forced to contribute either to the abominable system of slavery, or to the magnet that draws the unassimilable tsunami invasion of illegal immigration, all greatly exacerbated by the phenomenon of "Sanctuary Cities," resulting in great loss of the lives of citizens …

… and crowding the schools, the jails, the ERs of hospitals, with added exuberant costs for language interpretation, to the justice, health care, and education, and political systems, etc. increasing unemployment by taking blue-collar jobs from citizens, bankrupting the States, while decreasing their sources of revenue.

They illegally register to vote, and thereby stuff the "ballot box" with illegal votes.

The general misconception is that any statute — bearing the appearance of law — is the law.

The U.S. Constitution is the supreme law of the land. Any statute, to be valid, must be in agreement. … It is impossible for both the Constitution and a law or treaty violating it to be valid; one must prevail. … "No one is bound to obey an unconstitutional law and no courts are bound to enforce it."

Sixteenth American Jurisprudence Second Edition, Section 177
The general rule is that an unconstitutional statute, though having the form and name of law, is in reality no law, but is wholly void, and ineffective for any purpose; since unconstitutionality dates from the time of its enactment, and not merely from the date of the decision so branding it. An unconstitutional law, in legal contemplation, is as inoperative as if it had never been passed. Such a statute leaves the question that it purports to settle just as it would be had the statute not been enacted.

Since an unconstitutional law is void, the general principles follow that it imposes no duties, confers no rights, creates no office, bestows no power or authority on anyone, affords no protection, and justifies no acts performed under it …

A void act cannot be legally consistent with a valid one. An unconstitutional law cannot operate to supersede any existing valid law. Indeed, insofar as a statute runs counter to the fundamental law of the land, it is superseded thereby. No one is bound to obey an unconstitutional law and no courts are bound to enforce it.

"The Trilateral Commission is international and is intended to be the vehicle for multinational consolidation of the commercial and banking interests by seizing control of the political government of the United States. The Trilateral Commission represents a skillful, coordinated effort to seize control and consolidate the four centers of power – political, monetary, intellectual and ecclesiastical."

You might want to read that last sentence again! What can that mean but that their intent is to take us down the primrose path to globalization with a one-world government? (Do you remember President Bush I promising us a New World Order?)

You can bet that the main change either of the major parties intends to give us is: accelerated advancement into that New World Order (World Government), via the FTAA and the NAU.


You can bet your bottom dollar there will be taxes, about which we will have no say, and no Bill of Rights. The Bill of Rights is already being corrupted by all three branches of government to seem to mean much different from what was intended. The US Constitution, to which they have been paying only lip service for the better part of a century, is now being openly and arrogantly ignored (or worse) by G. W. Bush and by Congress, and by the Judiciary. If you have followed the link to the NAU, and read the page, Treason Abounds, you know what G. W. Bush thinks about the Constitution, not only by deed, but also by expletive.

How many of our public officials have even read the Constitution? Apparently in their minds they have sworn an oath to protect nothing but a piece of paper enshrined in a museum. For nearly a century they have pretended that we had a Constitution we could rely on. Now most are no longer even giving it lip service. Since at least 1976, with the exception of Ronald Reagan, our Presidents have been only puppets or figure heads of the shadow government. Earlier, Jack Kennedy made an end run around the Federal Reserve. He also said the office of President was being used, and that before he left office he would tell us about it. (He did not get to do that.)

The NAU will be the crowning blow, which will remove all obstacles to their taking us into the New World Order.

But ... More Good News!

"If, to please the people, we offer what we ourselves disapprove, how can we afterward defend our work? Let us raise a standard to which the wise and honest can repair. The event is in the hand of God"
— George Washington, at a critical moment in the Constitutional Convention in 1787

The event is in the hand of God.
He can raise up a Gideon with 300 in his army to rout a multitude.

"If when [the watchman] seeth the sword come upon the land, he blow the trumpet, and warn the people; Then whosoever heareth the sound of the trumpet, and taketh not warning; if the sword come, and take him away, his blood shall be upon his own head. He heard the sound of the trumpet, and took not warning; his blood shall be upon him. But he that taketh warning shall deliver his soul.

But if the watchman see the sword come, and blow not the trumpet, and the people be not warned; if the sword come, and take any person from among them, he is taken away in his iniquity; but his blood will I require at the watchman's hand. – Ezekiel 33:3-6

Christians know that the Scriptures foretell the coming of a one world government, headed by the antichrist. They need to consider whether they really want to be counted with those who help to usher it in. They need to consider whether this year a vote for the "lesser of two evils" would be a vote for the antichrist and the New World Order. Is that a way to "occupy 'til He comes?"

Judas fulfilled prophecy. It was not counted to him as righteousness.

In any case, for Christian and non-Christian alike ...

NOTE: All of the links above (there are not many) are essential background information to be able fully to comprehend WHY restoring government accountability is VITAL to the survival of the USA, the seriousness of our situation, and why you have nothing to lose by voting for Baldwin. He is the only one running for President who knows the law; and he knows how to restore accountability BY law. If the others knew or respected the law, they would not be promoting the law-breaking of illegal immigration, and allowing free reign on our highways to Mexican trucks, without the inspection that ours are required to undergo, etc., etc., etc.

Before you leave this page, if you have not followed those links, do yourself the favor of going back and following each and every one of them, even if you think you know all about that subject. You may be surprised by how much you do not know. Then, when you have followed all the links in the main body of the discussion, you might want to go back to the top and follow those that will help you get better acquainted with the Constitution.

Again, what you do with this information, and whether you accept the viable option that is offered you, is your call. I hope I have done my part well. The event is in the hand of God.

What investigative reporter Joan Veon discovered will soon be a "done deal" unless it is stopped, and we restore government accountability. Discover how the FTAA will impact your life.

FTAA: Its Impact FTAA will supercede our U.S. Constitution and radically alter our standard of living in the name of "free trade." How has anything so momentous been withheld from the public forum?

What? No Oil? No oil?: Soon the available oil will begin to deplete. What would life be like without oil? Can alternative energy sources meet our demand? How can we prepare to adapt to changing circumstances?

Bankruptcies: Who? Why So Many? Bankruptcies, greatly increased in the last decade, are now accelerating: Who are they? Why so many?

Restoring Accountability in New Zealand: the Amazing Results Restoring accountability in New Zealand, they have eliminated waste, decreased taxes, increased employment, decreased numbers on welfare, and improved education while decreasing cost.

Focus on Congress: What Happens on that First Plane Ride to Washington? Focus on Congress: What Happens on That First Plane Ride to Washington? Actually it starts happening even before they get on the plane.

Banking Fraud Exposed Banking fraud is exposed with humor and a revolutionary proposal. At a billion dollars per day, are we funding the demise of our nation? What did John Maynard Keynes say about inflation?

Greenspan on Gold and Economic Freedom Greenspan on Gold: "Deficit spending is simply a scheme for the "hidden" confiscation of wealth. Gold stands in the way of this insidious process."

The Treaty Supremacy Loophole Treaty Supremacy: Is it really a loophole in the Constitution by which President and Senate can do anything if they can get a foreign power to agree? What does the Constitution really say?

Judicial Tyranny was Foreseen by Thomas Jefferson Judicial tyranny: What Jefferson foresaw -- judicial usurpation of constitutional powers of People and of Congress -- so alarmed him that to its prevention he devoted much of his life.

Reconstructing the Republic: A Constitutional Battle Plan Reconstructing the Republic -- Howard Phillips clearly outlines the constitutional way back to sanity and government accountability

Restoring the Dollar -- Address by Dr. Edwin Vieira, Jr. Restoring the Dollar -- People don't even know the name or source of what they use as money, let alone what its problems are, or what to do about it.

Declaration of Independence Declaration of Independence: From what "long train of abuses and usurpations, pursuing invariably the same Object..." did we declare our independence?

The price paid by the signers of the Declaration of Independence The price paid by those who signed; they pledged their lives, their fortunes, and their sacred honor. What kind of men were they? And what hardships did they endure?

Constitutional Power Grants are Few and Explicit Constitutional power grants to the federal government are few and explicit; all the rest of the Constitution represents constraints on that power for our protection.

U S Constitution The U S Constitution -- based on biblical principles -- is a blueprint for the nation of a prosperous and free people