Randam Ron Paulism
Question: …you believe the Fed shouldn’t exist… make the case.
Ron Paul: First reason is, it’s not authorized in the Constitution, it’s an illegal institution. The second reason, it’s an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we’d be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can’t have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be…
Question: How does the gold standard solves that?
Ron Paul: It maintains a stable currency and a stable value. If the Fed concentrated more on stable money rather than stable prices… They push up new money in stocks and in commodities and in houses, and then they have to come in to rescue the situation. They create the bubbles, then they come in and rescue it, and they do nothing more than try to do price fixing. Capitalism depends, and capital comes from savings, but there’s no savings in this country, so this is all artificial. It creates the misdirection and the malinvestment and all the excessive debt, and it always has to have a correction. Since the Fed has been in existence, the dollar has lost about 97% of its value. You’re supposed to encourage savings, but if something loses its value, why save dollars? There’s no encouragement whatsoever. […] Gold is 6000 years old, and it still maintains its purchasing power. Oil prices really are very stable in terms of Gold. […] Both conservatives and liberals want to enhance big government, and this is a seductive way to tax the middle class.”
CNBC debate with Faiz Shakir, March 20, 2008
Syrians to take to streets to criticism Russia’s opinion opposite UN resolution
(CNN) — Tens of thousands of people are approaching to take to a streets opposite Syria on Friday to criticism Russia and a new opinion opposite a United Nations fortitude that would have cursed a heartless crackdown by President Bashar al-Assad.
The “Russia Is Killing Our Children” protest, orderly by anti-government opposition groups, follows opposition reports that infantry in tanks stormed a suburb of a besieged city of Homs. Syria’s third-largest city has turn a flashpoint in a scarcely yearlong uprising.
The mass anti-government criticism comes a same day state-run Syrian TV indicted terrorists of dual explosions Friday that rocked Aleppo, a city deliberate one of al-Assad’s seats of power.
The attacks targeted dual Syrian confidence force buildings — a infantry confidence bend and a law coercion headquarters, murdering and wounding an opposite series of soldiers and civilians, according to a state-run Syrian Arab News Agency (SANA).
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Homs residents: Strikes come from afar
The news news seemed to prove another moment in al-Assad’s bottom of support, with explosions rocking a city that has transient most of a assault in a 11-month overthrow that has left thousands dead.
While Syrian state TV showed images of burnt and deformed bodies and blown out windows in Aleppo, a member of a opposition Free Syrian Students inside a city described conference dual explosions and what sounded like a shrill gunfight entrance from circuitously a infantry sanatorium and a military headquarters.
“After a twin explosion, a sound of gunfire rang by a morning for about 20 minutes,” a opposition member said.
To a south of Aleppo, in a besieged city of Homs, supervision infantry in tanks and armored vehicles stormed a area of Inshaat, according to a London-based Syrian Observatory for Human Rights, an opposition group.
The area has turn a retreat for a opposition journey a fighting and shelling in a circuitously area of Bab Amr, a organisation said.
CNN can't exclusively endorse reports of assault or casualties in Syria since a supervision has exceedingly singular a entrance of general journalists.
Al-Assad has regularly denied aggressive civilians, observant Syrian army are targeting armed gangs and unfamiliar terrorists focussed on destabilizing a government.
Nearly all other reports from within a country, however, tell a opposite story. The opposition in Homs news explosions from mortars and tank shells launched by Syrian army each few minutes, people draining to genocide in a streets for miss of medical attention, and snipers picking off civilians using for cover.
Syrian state radio Thursday pronounced armed militant gangs dismissed 7 shells into Homs in a early morning, adding that there were no reports of damage.
The hire afterwards showed video of people it identified as residents observant armed gangs had dismissed on their homes and schools with shells and rocket-propelled grenades.
Video reportedly from Homs and posted online shows rubble and a stays of buildings as gunfire is listened in a background.
Satellite photos of Homs taken this month compared with photos taken in Aug 2010 uncover a altered city — a new photographs uncover swaths of burned-out areas, roofs blown off and streets emptied. The 2010 photos of a same areas uncover streets packaged with vehicles, and frail lines of buildings, their roofs intact.
Britain’s envoy to Syria embellished a design of a heartless crackdown on civilians in a Foreign Office blog post Thursday. Simon Collis described beatings of pacific protesters, including a aged and children. Those chanting for leisure in a mosque in Damascus were also beaten, he said.
“It is too intolerable to ignore,” Collis wrote, job for universe defamation of a actions of al-Assad’s regime.
A U.N. Security Council Resolution addressing a assault unsuccessful to pass over a weekend after Russia and China vetoed it. The 13 other Security Council members, including a United States, voted for a resolution, that was also upheld by a European Union and a Arab League.
With a Security Council during an impasse, a United States and other countries have called for a origination of a “Friends of Democratic Syria” organisation to support a giveaway and approved Syria, pronounced Victoria Nuland, a U.S. State Department spokeswoman.
CNN’s Salma Abdelaziz contributed to this report.