Rep. Ron Paul (R-TX) was on Fox News yesterday, discussing Greece and describing how the financial crisis has become a currency crisis… which is much worse. He sees an attack on the dollar in terms of gold, and has no doubt that the currency crisis is a worldwide problem.

Referring to whether or not Greece-like riots could take place in the US he says:

“Absolutely, there’s going to be anger. There’s going to be riots in the streets as well. But this is all a consequence of the fact of why and how government could spend like this. It’s because they don’t have sound money.

“When we run up deficits, we tax, but never enough. We can’t tax, it would ruin the economy. Then we borrow, and we get away with that for a long time. But, we rely on printing presses from the Federal Reserve to create money and that’s where the problem is [...] we can’t have fake money, this is counterfeit.”

Rocky Vega is publisher of Agora Financial International, where he advances the growth of Agora Financial publishing enterprises outside of the US. Previously, he was publisher of The Daily Reckoning, and founding publisher of both UrbanTurf and RFID Update -- which he ran from Brazil, Chile, and Puerto Rico -- as well as associate publisher of FierceFinance. Rocky has an honors MS from the Stockholm School of Economics and an honors BA from Harvard University, where he served on the board of directors for Let?s Go Publications, Harvard Student Agencies, and The Harvard Advocate.

  • JMR bayou bobby

    one of the things I admire about Mssr. Bonner’s scibblings is the context, the texture only perspective and an understanding of history can provide

    as of yet, you write well, but shallow, facile stabs at your subject

  • PainfullyAware

    “as of yet, you write well, but shallow, facile stabs at your subject” => JMR bayou bobby

    It seems to me that your “Argument/Comment” is but a mirror of yourself.

    Are you so “Haughty” that you do not even read who the presenter/author is ??? Are you only here to lambaste the website???

    As for Ron Paul => better start paying attention to the details of his arguments; His Wisdom Is Evident To The Logical And Reasoned Mind.

  • http://www.MonteCristoRecords.com Mars88

    Actually, I commend and compliment Mr. Vega. It is an art in itself to scan world publications and find those which have relevance to the e-letter and to comment on them. In addition, occasional postings of videos and political/economic cartoons add a diversity to the overall publication. Bravo!

  • vdv

    Is Greece broke? Looks like a lot of well fed, well dressed folks out for some entertainment, with the fire and smoke looking like an unfortunate accident.

  • http://www.avionresources.com Cosmo Hippie

    Rocky Vega,

    I like your short sweet presentations that link to relevant topics of this time.

    Keep it up!

    And buy gold stocks:

    http://www.avionresources.com

  • 99 cent Nation

    “It’s because they don’t have sound money.” When has money ever been sound? It has always been an illusion and the belief carried on by false agreements by those participating in the “Grand Illusion” that something of value is equal and worth by said same participants wither it be shells, feathers, paper, stones, or metals. All the while we waste much of our time trying to convince everyone else that what we believe in is the absolute truth and you can take that to the bank, along with all the associations formed to manipulate the thought and believes of what ever it is they can control.to their advantage.

    Like .99 cents is so much lower than $1.00. Really Pathetic

  • Patric Henry

    Ron Paul is the last bastion of the old republic. Present day America does not deserve him as it declines into Third World status.

  • PHILesq

    “LET ME ISSUE AND CONTROL THE MONIES OF A NATION, AND I CARE NOT WHO WRITES IT’S LAWS”
    MAYER AMSCHEL BAUER ROTHSCHILD 1744-1812

    Please go to THE LAWFUL PATH @ http//www.lawfulpath.com
    OWNERSHIP OF THE FEDERAL RESERVE

    This OUR federal reserve that their talking about ! Welcome to the matrix !

  • fallingman

    Hmmm…Ron Paul on Fox. They blackballed him during the 2008 primaries. Wouldn’t interview him after the debate they sponsored. Talked with the 5 other assembled jackasses and vipers, but made it a point to exclude him. Wouldn’t mention his name or give his vote totals on their tally boards. He was an electoral non-person. Libertarians are used to that sort of thing, but it was very Soviet, nonetheless.

    I guess now that Dr. Paul’s been proven correct on every score and his following has increased rather than faded away, they feel the need to fill the truth vacuum over at Fox with the genuine article.

    If I’m not mistaken, Fox is the word for SCUM in Esperanto.

    MSNBC, CNN, PBS, and CNBC are even worse, but then again, when it comes to looking for truth and integrity in broadcasting, it’s like trying to find the most honest man in a roomful of thieves.

  • fallingman

    Hmmm…Ron Paul on Fox. How refreshing. During the 2008 primaries, he was blackballed by Fox. After the debate they sponsored, they interviewed the other 5 candidates and excluded him. Wouldn’t show his vote totals on their tally board. Wouldn’t even mention his name. They turned him into him an electoral non-person

    Libertarians are used to this sort of thing, but it was very Soviet nonetheless.

    I guess given that fact that Dr. Paul has been proven correct about everything and his influence has increased rather than faded, Rupert and the boyz figured they’d be well served to fill their truth vacuum over at Fox with the genuine article.

    If I’m not mistake, FOX is the word for SCUM is Esperanto.

    MSNBC, CNN, PBS, and BNBC may be even worse, But when it comes to the mainstream media, looking for a source of honest reporting with integrity is like trying to identify the most honest man in a roomful of thieves.

  • Pingback: The Greatest Threat–It’s not the Mooslims « The Ugly Truth

  • Pingback: The Greatest Threat–It’s not the Mooslims | SHOAH

  • http://WhatReallyHappened RJ OGuillory

    The U.S. of Hollow

    Junior demons litter the culture,
    sucking up all that’s left.
    The Elder knew how to pick em’
    The Boy claimed no such heft.
    Picked apart and long picked over,
    our bird of Giving Thanks.
    America, finally laid to rest,
    by her own traitorous Yanks.
    Liberty & Freedom,
    need no such plan to follow,
    bleeding slowly across our land,
    The United States of Hollow.
    -

    RJ O’Guillory /Author/ Webster Groves-The Life of an Insane Family

  • acer25

    Ron Paul in an NWO tool. It’s so obvious to see right through the charade. Like this old guy would ever climb the political ranks if it didn’t serve the elite’s agenda. Just like they served up Nobel Peace Prize winner Obama with his ‘Change You Can Believe In.’ Now they offer up hope in the form of a constitutionalist. Wake up people, you’re being played.

  • Pingback: America’s Greatest Threat « End Times News

Recent Articles

Money Debauchery Continues

by Douglas French.

Coins may be called in and filed around the edges, with the resulting loose metal coined into new currency for the government to spend.