Ron Paul, New Head of Congressional Federal Bank Oversight Committee
“It’s Not Like I’m a Power Person.
My Ideas are powerful but I’m not a powerful person.
There’s a committee chairman and there’s a speaker of the house. I’m realistic and I know what that means but I also know the strength of Ideas and the Power of Ideas and that’s what will prevail.
So it wasn’t my Political Power that prevailed last year to get 320 co-sponsors of auditing the Fed. It was the power of the Ideas.
And That’s what they ought to worrying about, Because we are going to be talking about Ideas and the Fallacy of the Fed and Paper Money.”
Alan Greenspan: ‘There are two fundamental reforms that we need; that is to get adequate capital and two to get far high levels of enforcement of fraud statues. Existing ones I’m not even talking about new ones.
Things were being done which were certainly illegal and clearly criminal in certain cases. In which, I mean Fraud, Fraud is a Fact, Fraud Creates very considerable instability in competitive markets.”
In Each State Commodity Depositories could be created, whereby the common commodity(ies) of the state could be purchased and deposited into an account at the state bank for a 1-4 year deposit 5%, 5-8 year deposit 10% state tax credit deduction in addition to any gains that the State Commodity makes. (3%-5% Standard Savings Account)
During this time the Bank would have 100% Commodity Back Accounts to Build Permanent Infrastructure (first; local commodity exchange, refining, processing, production, etc) with Local Corporate Charters to Reclaim and Rebuild the Local Value in the Community Trust and Public Domain.
This would inspire Thrift, Savings and Investment in the State and Pride in the State Commodity’s Craft, Research, Innovation, Production and Value. (it is what we do here, it is our savings and our future)
The New State Commodity Notes with 100% Sound Commodity backing would make up for any additional liquidity needed in exchange markets and actual growth within all of the States.
States would be able to closely regulate in bank charters and local operations that; loans are for permanent local infrastructure, truly help small business, local entrepreneurs, Counties and Main Street or additionally with other similar State Bank and Local Corporate Charters of the Community Trust.
It would allow the States to retain the investment and inspire production by protecting and retaining the wealth of the Public Domain under the State Bank to the Benefit of the Private Domain and Individuals of the State, where and by whom it was Created, Originates and Where it Rightfully Belongs.
For Federal Tax Accounts the State would have a New Powerful Shield and Authority to Enact Interpositionary Powers Via the Local Legislature, by Public Vote, Amendment, etc. to Retain Federal Funds within the State, for UnFunded Mandates or if the State Wished to Opt-Out of Poorly Run Federal Programs and Manage them within the State, TSA Security for a State run ‘tsa’ option, or State-Local Run Education, Water, Agriculture, Medicine, Roads, Power, Wildlife, etc.).
This would take the Rulership over the Valuing of our Lives from Afar and make it Local. It would make it ours, we could visit Our Bank, We could Investigate and ‘Check the Probate’, we could have a Redress of Grievances and we could have control Over the Management, the Profits, the Enduring Gains. We could Secure the Actual Value of Our efforts and keep that value safe, for our Children’s Children, Close to Home in Our Homes of Every State where We work so had to Pursue and Build Enduring Happiness.
US Dollars would be ‘drafted’ as bank notes based on the full faith and credit just as they are today, except they would be debt free and would be drafted by Congress, as it says in the Constitution, Instead of a Private Corporation with Impunity and Immunity.
The New Freed US Dollar Greenback’s Interest rates could be set at 5-10 year modest bases 1.5%-2% and that should be all that is needed in Federal Growth.
Every State is Over Run
This is a Peaceful, Needed, Action
In Taking Our States Back from the
Mind-Googlingly Corrupt and Fraudulent Scam of the