The first sentence of an Associated Press piece (AP) published in the Dallas Morning News, introduces Ron Paul as follows:

At least some material is slipping by the gag order imposed upon the global-elite-owned mainstream media to obstruct destruction of the central banking system which has so maldistributed the wealth we produce. This is fortunate even for the mainstream media, because their gag order has wakened a sleeping country. If they would like our kindness, they will step aside and let the truth be told.

So let us pardon for now their little dig that the only man in a position (and inclined) to save our country will be elected.

The AP article continues (article paragraphs in red):

1. Paul highlighted his economic remedies — abolishing the federal income tax and returning to the gold standard, among them — on a three-city tour of Louisiana.
2. The libertarian-minded Paul was the only candidate to visit Louisiana on the eve of the state’s Republican caucuses Tuesday. The caucuses are an intermediary step in picking a favorite candidate. A presidential primary will take place on Feb. 9 and a state convention will convene on Feb. 16.
3. Paul blamed the Federal Reserve for the current economic conditions; stock markets worldwide fell Monday after Wall Street declined last week. On his Web site, he said the Fed has taken the United States “into a terrible crisis.”

   Thus he must refer to the fundamental irregularities of the so called Federal Reserve System.

4. Paul told an overflow crowd at a suburban New Orleans hotel Monday that the Fed has allowed the dollar to weaken, which in turn, he said, has hurt the middle class and led to inflation.

   Overflow crowds have been the typical reception for the candidate the global elite’s media is so biased against. In fact the blatant popularity and spot-on propositions of the candidate have prevailed in his inclusion in the events the global elite have tried to censure him from.

5. “I would enjoy being the next president to get rid of our central bank,” he told supporters. The crowd gave him a raucous welcome, chanting at one point, “Who dat? Who dat say they’re gonna beat Ron Paul?” — a riff on a popular football chant for the New Orleans Saints.
6. Paul, on his Web site Monday, said the economic policies of his opponents are based on ill-advised “print-and-spend” theories. He added that he would cure the economic crisis by ending the “hyper-expensive, hyper-dangerous empire all around the globe.”

   This would go a long way toward ending the crisis; but it would not fix the economy altogether.

THE PURPORTED LONG SHOT — PREPOSTEROUS OR NOT?

The AP article alleges that Paul is a long shot. How so?

Our eldest generations of course know the least about the fundamentals of the relevant issues; they also are disposed to the most false tenet, that the privatized currency which has been imposed upon us has no defect; they are also the generations which have held forth all along that there is no portending doom in the present economic conditions, even as we now suffer indebtedness which exceeds that which engendered the first Great Depression; they are also the generation most likely to enjoy false prosperity and far different conditions than the rest of us, because they had a 25 free-wheeling years on the Monopoly board before the rest of us got to land on Park Place; they are also the generation which has accumulated the most public debt they will never pay; and finally, they are the generations who most let this untoward system stand, to the ever greater detriment of their own progeny.

But our youngest generations cannot afford such arrogance and naiveté, particularly as the policy mindlessness of their elders have driven our industry away and saddled us with unspeakable, criminal sums of debt.

The United States of course never had an income tax until it was saddled with the Federal Reserve System. If you connect the dots to the debt which could only be multiplied on us since, what conclusion can you arrive at but that the IRS and income tax exist to collect upon artificial debt for the sake of so much unearned gained, at our country’s expense?

What principled person then would ever oppose terminating the IRS, income tax, and the privatized currency we so adversely call the “Federal Reserve Note”?

But to the great discredit of their arrogance, the elder generation too stands to lose it all when the house of cards crashes — and it is crashing now.

LET’S DO THE MATH

So let’s do the math regarding this purported long shot.

What are the benefits to a citizen with two houses on a salary of $125,000/yr, who pays perhaps $50,000 in income taxes? The disinformation of the ruling elite’s media has this class of citizen thinking they have the most to lose, ostensibly because they have the most invested in the present iniquitous system.

The mainstream media “somehow” fails to exalt the benefits of terminating the privatized currency and all its associated entities to this class of citizen? Why? How?

Right off the top, they’re going to save $50,000 a year in income taxes. That’s not enough to jump and shout about?

Moreover, if the Paul camp adopts mathematically perfected economy™, they’re going to refinance their homes at current costs of production, under mathematically perfected economy™. Let’s say the inflated cost of their principal home is $1m and the inflated cost of their secondary home is $250,000 as a consequence of the deprivations of the present, imposed, privatized currency.

1. Just for hypothetical purposes, let’s take a first, best scenario case where the cost of producing these homes would be $400,000 altogether, and the debtor has already paid more than that toward the two homes?

   Conversion of the present system into mathematically perfected economy™ thus eliminates any further obligation toward their existing mortgages!

   Say they were paying only $2,000 a month against the two mortgages, thus MPE™ saves them another $24,000 a year.

2. Or, to take the worst case scenario under mathematically perfected economy™, let’s say they have paid nothing yet toward their two mortgages.

   Mathematically perfected economy™ would generally reduce their mortgage payments to approximately $250 a month (altogether). Thus mathematically perfected economy™ would save them $1,750 against their mortgages.

3. Whereas, when the present non-economy crashes, they will lose these assets — 14 million American families are about to lose their homes as you read this.

   The so called Federal Reserve System will crash, because it is impossible to maintain a circulation without further multiplication of debt in proportion to a circulation. Ultimately a sum of debt so great will exist that we can no longer sustain commerce and fulfill our obligations to service that debt. The proximity of that failure is the very reason interest rates have to be held down.

So how much is the ruling elite’s mainstream media cheating this person from knowing — the class of person usually least disposed to acknowledge the necessity of remedy?

We’re up to the vicinity of saving them $70,000 a year from a $125,000 salary.

That’s not worth making plain to them, is it?

But we’re not finished yet.

This person has much invested in “securities” markets, and they’re afraid they will lose everything if they vote for Ron Paul. They’ll cut off their nose to spite their face.

When the pretended economy (opportunities to steal from us) collapses, they’re going to lose it all; so they’re voting to lose it all.

Mathematically perfected economy™ on the other hand is going to allow them to keep their stocks. Bonds, because they will multiply debt, we should probably cash in — but I leave that up to the people.

Nonetheless, a conversion of the present system into a sustainable MPE™ implementation issues each of us the circulation we might have saved under mathematically perfected economy™ all the while. So the losses which are ensured under the present system of stealing from us are protected under mathematically perfected economy™.

EXEMPLARY COMPLETE FACADE OF CREDIBILITY

But how credible is the ruling elite’s mainstream media?

Another headline of today’s same paper reads, “U.S. stocks recover some after early plunge.”

Underneath the headline, we read:

Technically, it’s the greatest possible stretch in favor of furthering the system of stealing from us so much as now threatens collapse, to call this “recovering to a loss of about 145 points.”

A loss is a loss; it’s not a recovery at all. And mark my works, more such “recoveries” are right around the corner.

The ruling elite’s media — all the disinformation that fools will take for granted.

RELATED MATERIAL

1. Ron Paul Blames Federal Reserve For Weakening Economy
   By CAIN BURDEAU, Associated Press, in The Dallas Morning News
2. PROBABILITY OF WORLD-WIDE ECONOMIC COLLAPSE AS A CONSEQUENCE OF INTEREST
   
   [A PRINCIPAL REASON FOR MPE™; POPULAR PAGE.]
3. PARABLE OF PERFECT ECONOMY — HOW USURY COMPELLED THE AMERICAN REVOLUTION
   
   [MOST POPULAR PAGE, MANDATORY READ, AND A GOOD ALTERNATE STARTING POINT BEFORE JUMPING TO TOP.]
4. WHAT IS Mathematically Perfected Economy™?
   
   [POPULAR PAGE.]
5. PURPOSES OF THE DECEPTION THAT INFLATION IS CONTROLLED BY INTEREST (USURY)
   
   [MANDATORY READ.]
6. RELEVANT HISTORIC QUOTES
   
   [POPULAR PAGE; AN EXTENSIVE HISTORIC PATTERN.]
7. THE FALSIFIED ARGUMENT THAT RISK JUSTIFIES INTEREST (USURY)
   
   [MANDATORY READ.]
8. WHAT IS FREE ENTERPRISE?
   
   [MANDATORY READ.]
9. WHAT IS SOUND MONEY? WHY PRECIOUS METAL MONETARY STANDARDS CAN ONLY FAIL
   
   [MANDATORY READ.]
10. WHAT IS USURY?
    
    [MANDATORY READ; EXPLAINS THAT INTEREST CAN ONLY ENGENDER USURIOUS DEBT.]
11. Why Pre-MPE™ Austrian School *Thinking* Can Never Solve Our Issues
12. A FATAL FLAW OF AUSTRIAN SCHOOL ECONOMICS — COMPLETE REJECTION OF MATHEMATICS?
    
    [MANDATORY READ; RELEVANT TO CURRENT ELECTION.]
13. REGARDING INTEREST THEN, DOES AUSTRIAN SCHOOL ECONOMICS NOT HAVE TITLE TO LIBERTY AND RIGHT REVERSED?
    
    [MANDATORY READ; RELEVANT TO CURRENT ELECTION.]

This entry was posted on Tuesday, January 22nd, 2008 at 12:42 pm and is filed under FEDERAL RESERVE, INITIATIVES, Mathematically Perfected Economy, RON PAUL, UNASSENTED GLOBALISM, events and politics. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.