Horowitz and the Neocons Fear Patriot Ron Paul

Horowitz and the Neocons Fear Patriot Ron Paul

Kurt Nimmo
Infowars.com
February 18, 2011

It is obvious Ron Paul represents a political threat to the neocons when the former Marxist David Horowitz calls the Texas congressman an anti-Semite.

“For years the Texas crackpot, Ron Paul, has been attacking America and Israel as imperialist powers — the Great Satan and the Little Satan, and calling for America’s retreat from the battle against our totalitarian enemies,” writes the former communist turned neocon (a natural transformation – the neocon movement was established by Trotskyites).

Horowitz continues:

At the recent CPAC conference Paul’s Jew-hating storm-troopers swarmed the Freedom Center’s table to vent their spleen against Israel as a Nazi state. Now Paul is making a priority of withdrawing aid for Israel — the only democracy in the Middle East and the only reliable ally of the United States. Here is an alert from Gary Bauer about the amendment Ron Paul is proposing which may be voted on today.

Ron Paul and millions of other Americans believe the United States government does not have the right to confiscate the wealth of hard-working citizens and dole it out as “foreign aid” to Israel or any other nation.

Israel is the largest recipient of stolen goods from the American people and that is why it was mentioned by Ron Paul.

Obama approved a staggering $2.77 billion for Israeli foreign aid in 2010 and another $30 billion over the next decade. Since the establishment of Israel, the U.S. tax payer has forked over $103 billion.

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Ron Paul and his son Rand Paul – recently elected by the people of Kentucky to serve in the U.S. Senate – are not afraid of the neocons, Israel’s arm-twisting lobby in Washington, or the former Marxist turned neocon opportunist David Horowitz. It is immoral to take the money of the American people and give it away to Israel and Egypt – the second largest recipient of stolen goods – or any other country.

More than anything, the neocons know their shakedown scam is coming to an end. The United States has the largest national debt in history and can no longer afford to steal money and give it away to Israel of any other undeserving country. The bogus anti-Semitism canard no longer works.

It also irks Horowitz and the faux conservatives that Ron Paul won the CPAC straw poll and actually stands a good chance of becoming the next president. For the neocons, a Ron Paul presidency is their worst nightmare. If elected, Paul will work hard to put an end to wars designed by neocons in the Pentagon to wreck small nations in the Middle East and kill Muslims and Arabs.

Ron and his son Rand Paul are not anti-Semites as the disingenuous David Horowitz claims. They are patriotic Americans who understand that the foreign and fiscal policies of the United States will ultimately destroy the nation and reduce its citizens to paupers.

David Horowitz and the neocons have done more than any other group in recent history – with the exception of the banksters – to facilitate the destruction of what was once the most productive republic in the world.

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Horowitz and the neocons are responsible for the murder of nearly a million and a half Iraqis. David Horowitz should be arrested immediately and tried as a war propagandist. He is no different than Hans Fritzsche, the German newspaper journalist who supported the Nazis. Fritzsche was charged with conspiracy to commit crimes against peace, war crimes and crimes against humanity.

Deception at the Fed

Deception at the Fed

 

Ron Paul
Infowars.com
February 18, 2011

For the past three decades, the Federal Reserve has been given a dual mandate: keeping prices stable and maximizing employment. This policy relies not only on the fatal conceit of believing in the wisdom of supposed experts, but also on numerical chicanery.

Rather than understanding inflation in the classical sense as a monetary phenomenon– an increase in the money supply- it has been redefined as an increase in the Consumer Price Index (CPI). The CPI is calculated based on a weighted basket of goods which is constantly fluctuating, allowing for manipulation of the index to keep inflation expectations low. Employment figures are much the same, relying on survey data, seasonal adjustments, and birth/death models, while the major focus remains on the unemployment rate. Of course, the unemployment rate can fall as discouraged workers drop out of the labor market altogether, leading to the phenomenon of a falling unemployment rate with no job growth.

In terms of keeping stable prices, the Fed has failed miserably. According to the government’s own CPI calculators, it takes $2.65 today to purchase what cost one dollar in 1980. And since its creation in 1913, the Federal Reserve has presided over a 98% decline in the dollar’s purchasing power. The average American family sees the price of milk, eggs, and meat increasing, while packaged household goods decrease in size rather than price.

Loose fiscal policy has failed to create jobs also. Consider that we had a $700 billion TARP program, nearly $1 trillion in stimulus spending, a government takeover of General Motors, and hundreds of billions of dollars of guarantees to Fannie Mae, Freddie Mac, HUD, FDIC, etc. On top of those programs the Federal Reserve has provided over $4 trillion worth of assistance over the past few years through its credit facilities, purchases of mortgage-backed securities, and now its second round of quantitative easing. Yet even after all these trillions of dollars of spending and bailouts, total nonfarm payroll employment is still seven million jobs lower than it was before this crisis began.

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In this same period of time, the total U.S. population has increased by nine million people. We would expect that roughly four million of these people should have been employed, so we are really dealing with eleven million fewer employed people than would otherwise be expected.

It should not be surprising that monetary policy is ineffective at creating actual jobs. It is the effects of monetary policy itself that cause the boom and bust of the business cycle that leads to swings in the unemployment rate. By lowering interest rates through its loose monetary policy, the Fed spurs investment in long-term projects that would not be profitable at market-determined interest rates. Everything seems to go well for awhile until businesses realize that they cannot sell their newly-built houses, their inventories of iron ore, or their new cars. Until these resources are redirected, often with great economic pain for all involved, true economic recovery cannot begin.

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Over $4 trillion in bailout facilities and outright debt monetization, combined with interest rates near zero for over two years, have not and will not contribute to increased employment. What is needed is liquidation of debt and malinvested resources. Pumping money into the same sectors that have just crashed merely prolongs the crisis. Until we learn the lesson that jobs are produced through real savings and investment and not through the creation of new money, we are doomed to repeat this boom and bust cycle.

Read more at Rep. Ron Paul’s House web page.