User profile: Republicae

Joined: April 28, 2008

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Posted on: Ron Paul campaign dominates convention

If McCain, Obama or Hillary are elected this year, then by 2012 we will all wish Ron Paul was sitting in the Oval Office. It is estimated that in three years we can expect to pay around $10.00 per gallon in gas, now that price does not take into consideration the fact that our good ole Federal Reserve Notes will have probably entered into negative value causing incredible inflationary pressure in every sector of our economy.

Unfortunately, Ron Paul is the only candidate addressing such issues on a fundamental level and offering solutions to those issues. None of the other candidates seem to even be aware of the actual issues facing this country and its people and the fear is that what they do in office will only exacerbate the problems to the point that they are irreversible. When you listen to McCain, to Obama, to Hillary you will quickly learn that they offer little but empty promises that fly in the fact of a reality that few of us seem to want to confront. Ron Paul has been addressing these issues for years, no only wanted to listen and many are not listening now, but soon they will seek out those, like Ron Paul, who have stated that we face some dire consequences due to our reckless policies both at home and abroad.

The Monetary System is reaching its terminal point, every Fiat Monetary System eventually collapses due to the exponential expansion of insoluble debt as it consumes the economy. Ours will be no different because you cannot seek to subvert the laws of monetary mathematics for long without disastrous consequences, just wait and see, but definitely prepare yourselves.

Today, a person making an annual income of $35,000. 00 has the effective purchasing power, in 1970 "dollars" of merely $6,359.83 per year. So, a person making that $16.83 "dollars" per hour really has an effective purchase power of only $3.06 in 1970 "dollars" per hour. Now, can anyone see why the government must mandate minimum wages? The fact is that a person making the average minimum wage of $5.85 per hour has the effective hourly wage in 1970 "dollars" of only $1.06 per hour; in other words that person working forty hours a week has a wage of only $42.40 per week in 1970 purchasing power "dollars". Hardly a subsistence wage, wouldn't you agree?

(Suggest removal) 4/28/08 at 5:26 p.m.

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