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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.”

  —Ron Paul
 CNBC debate with Faiz Shakir, March 20, 2008

Body of publisher Marie Colvin being hold by Syria


By Perry Chiaramonte

Published Feb 24, 2012


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  • Britain Syria Obit Co Higg Body of journalist Marie Colvin being held by Syria


    March 11, 2008: Journalist Marie Colvin is seen in London. A French supervision mouthpiece on Wednesday Feb. 22, 2012 identified dual Western reporters killed in Syria as American fight contributor Marie Colvin and French photojournalist Remi Ochlik.

The family of fight match Marie Colvin, who was killed while covering a assault in Syria, is desperately perplexing to find out how to get her physique behind from a country.

Reports have flush that a Syrians are refusing to recover a bodies of Colvin and French photojournalist Remi Ochlik, who died after a rocket conflict Wednesday on a residence in a insurgent city of Homs that that was being used as a temporary media core by activists.

“We haven’t listened anything. We are watchful on word from a government,” Colvin’s brother, Mike, told

“We can’t contend what’s loyal and what isn’t,” he said, per a latest rumors that have surfaced.

BLOG: Fox News Producer Remembers Encounters With Marie Colvin

The Syrian envoy to London was summoned by officials in a U.K., where they demanded that Syrian authorities promote evident arrangements for repatriation of a bodies of Colvin and Ochlik, according to reports by Agence France-Presse.

In other developments, a video flush yesterday from a dual other reporters who were harmed during a same rocket attack, in that they ask for a assistance of supervision agencies.

“I was bleeding in a rocket conflict yesterday — 3 vast wounds to my leg. My co-worker Marie Colvin was also killed in a same attack,” pronounced photographer Paul Conroy, who worked with Colvin during a Sunday Times.

“I’m now being looked after by a Free Syrian Army medical staff, who are treating me with a best medical diagnosis available. It’s critical to supplement that we am here as a guest and have not been captured. Obviously any assistance we can be given by supervision agencies would be welcome,” he said.

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