I don’t know why this was addressed to me but I’ll take a whack at it.
I read Rand Paul caused quite a stir because he said some things about defending the country. I don’t know if he thinks 9/11 was an inside job and as far as I know Ron Paul never said it was an inside job but I could be wrong.
I think we should end the fed like you pointed out there is too much manipulation I don’t see the fed acting as an independent agency at all.
If we had no fed barney the banking queen or dirty dodd wouldn’t be able to manipulate it.
How do you think a decentralized system worked before congress gave away the power to the fed? We have not always had the fed you know not until 1913.
Here is how it would work.
If, however, we portray the Fed as it actually is (a government run cartel) then the solution to its evil becomes clear — end its protective connection to the government, which would eliminate its monopoly status and its power to dangerously expand the money supply. Simply abolish the Reserve Banks and make the member banks independent institutions again. They would then have to live with the rules that the market would demand. And the market would demand open disclosure of the extent of their fractional reserve loans. Most important of all, the market would demand redemption of all bank issued paper notes with gold coins or bullion upon customer request. Both of these market demands would temper excess paper issuance on the part of banks and keep them responsible.
In other words, repeal the government’s legal tender laws, establish a free-market for banking, and let the marketplace decide what should be used for money. The banks would then have to offer quality gold money that the people desired, rather than corruptible paper money that a government cartel mandates. This would decentralize the financial power of our economy out among the thousands of individual banks throughout the country and strip the Federal Government of its dangerous control over our wealth and productivity.
http://www.thedailybell.com/681/Nelson-Hultberg-The-Fed-is-a-Fascist-Cartel.html
Anything else about Rand or Ron Paul I am sure you can google it and find out the answers.
Yes I know the argument well about how pre-1913 banking worked. I am still unconvinced that such a system can work now, well for one thing there simply isn't enough gold to issue it as currency. What you described would yield situations where Vermont dollars might not be the same as Idaho dollars. When I had time to study this detail I felt Milton Friedman had the better arguments, basically all the Fed should do is constrain the money supply around some economic parameters that are system to monetary value. In fact he said something that you could reduce the Fed Board's to that of a computer program that constrains monetary growth.
Now regarding Ron Paul's statement about thinking that 9/11 was a inside job, he certainly made statements where he implied that, that was the case. He also did nothing to discourage his “Paulistas” who where spreading that tale. As someone who was stuck in traffic and saw the plane hit the Pentagon, to even give a hint of implication of t being an inside job is abominable ! To me it puts Paul in the same category of David Duke!
Your comment got me curious, and a quick Google of Ron Paul 911 showed a lot of speculation. I didn't find anything that said Paul was a 911 truther. What Paul DID say was that the WTC attacks were a retaliation for our intervention in the ME. Here's a direct Ron Paul quote from 2004:
Unfortunately, the biggest failure of our government will be ignored. I'm sure the Commission will not connect our foreign policy of interventionism – practiced by both major parties for over a hundred years – as an important reason 9/11 occurred. Instead, the claims will stand that the motivation behind 9/11 was our freedom, prosperity, and way of life. If this error persists, all the tinkering and money to improve the intelligence agencies will bear little fruit. Over the years the entire psychology of national defense has been completely twisted. Very little attention had been directed toward protecting our national borders and providing homeland security.Whether people agree with Ron Paul on this or not, I couldn't find anything where Paul stated 911 was an inside job. If anyone else finds a direct quote from Paul, I'll do a mea culpa, but other people claiming Paul said it don't persuade me.
Our attention, all too often, was and still is directed outward toward distant lands. Now a significant number of our troops are engaged in Afghanistan and Iraq. We've kept troops in Korea for over 50 years, and thousands of troops remain in Europe and in over 130 other countries. This twisted philosophy of ignoring national borders while pursuing an empire created a situation where Seoul, Korea, was better protected than Washington, DC, on 9/11. These priorities must change, but I'm certain the 9/11 Commission will not address this issue.