Sunday, January 29, 2012

Politics: Brevard Times Endorses Ron Paul For GOP Nominee

Politics: Brevard Times Endorses Ron Paul For GOP Nominee:

January 28, 2012 - "There has been much talk by the candidates about American exceptionalism. But no candidate, except for Ron Paul, addresses the monetary and liberty issues from which that exceptionalism arose....

"The height of American optimism and futurism, embodied by the 1964 New York World's Fair song 'There's a Great Big Beautiful Tomorrow' and pinnacled by the 1969 Apollo Moon landing, did and could only occur when the U.S. dollar was as good as gold and the U.S. economy was not shackled by the ever expanding corporate and social welfare state that exists today.

"Ever since Richard Nixon took the U.S. dollar off the gold standard in 1971, America has suffered volatile economic swings caused by inflation. The Federal Reserve's ability to dictate the value of the dollar presents an enormous headwind to business in the form of production cost uncertainty and steals wealth from ordinary Americans' investments and savings.

"Ron Paul is the only candidate willing to end this scheme where Florida fixed income seniors suffer the most due to increased food and energy costs while not being able to earn a sufficient return on their investments to keep up with the cost of living because the Federal Reserve artificially keeps interest rates low while at the same time devaluing the dollar."

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