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Monday
Dec192011

A Ron Paul Presidency?

The question is regularly raised: is Ron Paul electable?  But, the more important question is, if he is elected, will he be killed by the financial and power elites?

This is a very reasonable question.  In US history, two Presidents have been particularly pro-gold/silver standard:  James Garfield and John F. Kennedy.  Both were assassinated.

JAMES GARFIELD

James A. Garfield's presidency lasted just 200 days, from March 4, 1881, until his death on September 19, 1881, as a result of being shot by assassin Charles J. Guiteau on July 2, 1881. Only William Henry Harrison's presidency, of 32 days, was shorter.

Garfield was a staunch proponent of "honest money" or "specie payment" backed by a gold standard, and was therefore a strong opponent of the "greenback", the currency issued during the civil war.   He called greenbacks "the printed lies of the government" and became obsessed with the morality, as well as the legality, of specie payment, and enforcement of the gold standard.

He stated, "any party which commits itself to paper money will go down amid the general disaster, covered with the curses of a ruined people."

JOHN F. KENNEDY

The JFK assassination has been all but completely proven to have been perpetrated by Lyndon B. Johnson.  This has been confirmed by one of LBJ's mistresses (in this video) and by recently released tapes made by Jackie Onassis.  Both of them state LBJ's involvement.

The real question then is who backed LBJ in the crime.  Certainly, the timing couldn't have been any better for the Federal Reserve and the financial elites that control the monetary system.  While JFK was no hero for liberty (he was a progressive), on June 4, 1963, JFK signed Executive Order No. 11110 that returned to the U.S. government the power to issue currency, without going through the Federal Reserve.

The order gave the Treasury the power "to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury."  Under this power, $4.3 billion in U.S. notes were brought into circulation.  But, five months later JFK was assassinated and no more silver certificates were issued.  Interestingly, the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.  But, it has never been spoken of again.  Perhaps the public execution of JFK serves as sufficient reminder for all subsequent presidents.

RONALD REAGAN

A special mention should also be included for Ronald Reagan.  While Ronald Reagan wasn't assassinated, there was an attempt on his life.  Reagan was a small government proponent who had the former head of the CIA, George H.W. Bush as his VP.  Sixty-nine days into his reign, he was shot by Bush family friend John Hinckley Jr. (Hinckley's father was a financial supporter of George H.W. Bush's 1980 presidential primary campaign, where Bush was Reagan's closest rival for the Republican nomination prior to becoming his Vice President. Hinckley's older brother, Scott, had a dinner date scheduled at the home of Neil Bush the day after the Reagan assassination attempt)

A Long Road Ahead for Paul

In short, there are a lot more hurdles ahead before Ron Paul as President becomes reality.  He still has to be voted the incumbent of the Republican Party - a steep hurdle, especially considering that even when he wins he still comes second.

Failure to win will mean his only option is to run as an independent, which would mean, essentially, that his chances of winning would fall to near zero.  If he does win then he still would have to beat the Democratic candidate.  And, if he wins that, he would have to get past the likely assassination attempts by the usual suspects... and it doesn't have to be something so blatant as a public shooting.  The CIA has been shown to have numerous weapons and techniques to cause someone to have a heart attack or to even give a healthy person cancer.

And, if he can survive through all of that, he would still have to fight Congress to get anything done - the same Congress who couldn't cut 5% of their total planned spending increases over ten years.  In short, don't get too excited that Ron Paul is going to change the world just yet... and don't get too worried that we may have to sell our gold and gold stocks just yet either.

WHO IS THE BEST US PRESIDENT?

When asked, our normal response is "they are all tied for last" - it is a criminal position by its very nature.  But, when Jay Leno asked Ron Paul who he thought was the best President, Ron Paul responded with Grover Cleveland.  Grover Cleveland, not surprisingly, was the most libertarian President the US has had in its history.  (Leonard Melman also considers Cleveland to be the best... as Melman recounts in this Anarchast interview he is working on a book on Cleveland to highlight his libertarian leanings).  Also, for the record, Murray Rothbard liked Martin van Buren.

And, who does Barack Obama think are the best Presidents?  In this clip left on the cutting room floor from a recent 60 Minutes interview, Barack modestly considers himself to be the 4th best President in history.  The three that, according to Obama "possibly" are better, were the man who killed JFK, Lyndon B. Johnson, the man who stole gold from the American citizenry, FDR and the white supremist tyrant who unneccesarily entered the US into a horrific civil war, Abraham Lincoln.

Perhaps with the passage of bill 1867 which declares the Bill of Rights null and void, considers America a "war zone" and effectively declares war on US citizens, Obama can consider himself to be the greatest of that ignominious bunch at destroying any last shred of liberty in the US and enslaving the entire population.

In this week's Interim Update to subscribers, Senior Analyst Ed Bugos looks at how a Ron Paul presidency would affect our investments in gold and precious metals stocks.  Subscribe today to read more.

Reader Comments (14)

This story about JFK and the exec order #11110 has been around for a long time. Here is what Edward Griffin writes on his site Freedom Force Int'l.

"This is what I refer to on page 569 of my book, The Creature from Jekyll Island, as "The JFK Rumor." I cannot accept this interpretation of history because of the following facts:

"THE EXECUTIVE ORDERS
If you look at a copy of EO 11110 you will find that it does not order the issuance of Silver Certificates. It orders an amendment to EO 10289. If you then look up EO 10289, you will find that it says:

"The Secretary of the Treasury is hereby designated and empowered to perform the following-described functions of the President without the approval, ratification, or other action of the President.

"Those functions did not include the power to issue Silver Certificates. The purpose of EO 11110 was to add that power to the list. The exact wording of the Order was:

"Executive Order No. 10289 of September 19, 1951, as amended, is hereby further amended (a) By adding at the end of paragraph 1 thereof the following subparagraph (j): (1) "The authority to issue silver certificates against any silver bullion, silver, or standard silver dollars in the Treasury."

"Therefore, my statement in The Creature from Jekyll Island is correct. EO 11110 did not order the printing of Silver Certificates. It ordered the amendment of a previous executive order so that the United States Code would authorize or "empower" the Secretary of the Treasury to issue Silver Certificates if the occasion should arise"

"The occasion did arise between January 1963 and October 1964 with the issuance of 768 million of the 1957B Series, which carried the signatures of Kathryn O'Hay Granahan and C. Douglas Dillon. This was the smallest issuance since 1935, and it was the last. (See "Silver Certificate" at http://en.wikipedia.org/wiki/Silver_Certificate.) Please remember, however; that, EO11110 did not order the issuance of these certificates. It merely authorized the Secretary of the Treasury to do so, which is what happened.

"The following additional explanation was contained in a 1996 report from the Congressional Research Service at the Library of Congress:

"What E.O. 11110 did was to modify previous Executive Order 10289, delegating to the Secretary of the Treasury various powers of the President. To these delegated powers, E.O. 11110 added the power to alter the supply of Silver Certificates in circulation. Executive Order 11110, therefore, did not create any new authority for the Treasury to issue notes; it only affected who could give the order, the Secretary or the President.

"The reason for the move was that the President had just signed legislation repealing the Silver Purchase Act. With this repeal, the Treasury Secretary could no longer control the issue of Silver Certificates on his own authority. However, the issuance of certificates could be controlled under the President's authority. Hence, for administrative convenience, President Kennedy issued Executive Order 11110.

"Ironically, the purpose of the order and the legislation was to decrease the circulation of Silver Certificates, with Federal Reserve Notes taking their place. As economic activity grew and prices rose in the 1950s and early 1960s, the need for small-denomination currency grew at the same time that the price of silver increased. The Treasury required silver for the increasing number of Silver Certificates and coins needed for transactions. But the price of silver was rapidly approaching the point that the silver in the coins and in reserve for the certificates was worth more than the face value of the money".

I hope this helps to set the "record" straight on this "JFK Rumor".


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December 19, 2011 | Unregistered CommenterBraedalbane
Braedalbane: Don't believe everything you read. http://www.lewrockwell.com/blog/lewrw/archives/62291.html
December 19, 2011 | Registered CommenterJeff Berwick
Doesn't your link, Jeff, confirm exactly what Braedalbane have said? (I agree with Griffin, and think that a pinco pretty boy JFK could not, and would never have dreamed of hurting the FED). Or is it so late already that I simply can not comprehend what am I reading?

Besides, the world is not run by anything secret. The worst evil is the democracy coupled with universal suffrage, and not some buldenbergers club in Monaco. My own theory is that JFK was taken out fro two reasons: 1 - as a warning to anyone (exactly the same as 9-11, - a warning that most folks don't even have the balls to comprehend, that yes, TPTB can do anything, no matter how outrageous, right in our face), and 2- to provide a reason for a belief in secret societies doing evil and not the government (because in those years, the perpetrators themselves believed that they are way on the edge, and the public has to catch on what they are up to).
December 20, 2011 | Unregistered Commentermava
Hi Jeff
Gosh, I had the same scary thoughts a few months back with the same exact reason with the same past Presidents in mind. (Except Garfield that I didn't know much about).
But although, as you said, Lincoln was an awful federalist President, you could still add it to the list for issuing the greenback rather than allowing Wall Street banks to create a central bank to fund his war.
December 20, 2011 | Unregistered Commentereggdescrambler
The Main stream media says Ron Paul is unelectable. I keep wondering why the puppet handlers of the msm do not want Ron Paul. Will Ron Paul expose the truth?????????? That seems to be Ron Paul's style.
If the MSM does not want Ron Paul, that means that all of us citizens should want Ron Paul.
December 20, 2011 | Unregistered CommenterGordon
If the Republicans pick him I give him no more that 15 % chance of being preditent, whiich is quite huge for I guy that does not give a shit about the poor and would prefer them in cheap labour or slaves
December 20, 2011 | Unregistered CommenterDave
Drunk, Dave? The best thing that could happen to "the poor" is they are stopped giving welfare and they learn how to be productive.
December 20, 2011 | Registered CommenterJeff Berwick
Jeff wrote: "Drunk, Dave? The best thing that could happen to "the poor" is they are stopped giving welfare and they learn how to be productive".

@Jeff, I would say that the best thing that could happen to "the poor" would be for the country to get back to sound money that holds its value over time. This would begin to enrich everyone, get the economy healthy again, and provide jobs for those "poor".
December 20, 2011 | Unregistered CommenterBraedalbane
The same thoughts exactly that I had about Obama's Favorite Four, the top master criminals in the history of the united States. I hope those other three are commiserating in the same dark corner down under.
December 21, 2011 | Unregistered CommenterKevin Beck
the best thing for the poor is for welfare to remain the same. That way they can eat and live a little.
Then on top of that improve their edustion of theirparents so they have better role models.
Then maybe some of them woul;d realize they can make more money working.

you people are missing the point of motivating the poor. they need to think they can achieve something.

if welfare is cut then they will steal more and learn that this is the easy way.
If they are treated with some repect maybe they will learn something. leaviung them on welfare maybe better anyway. let the stupid people stay at home
December 21, 2011 | Unregistered CommenterDave
Yes, Dave, it's all worked so well so far, why change a thing.
December 21, 2011 | Registered CommenterJeff Berwick
The danger for libertarians may be that Ron Paul WINS, rather than loses.

Imagine the headlines if RP was elected and things went to hell:

"Libertarian President wrecks America!"

Let the Conservative and Liberal progressives, like Dave, be at the helm when the ship goes under!
December 21, 2011 | Unregistered CommenterShane
@ Dave

There's a little problem w/your desire to keep the poor on welfare:

THERE...IS...NO...MONEY...LEFT!!!
December 21, 2011 | Unregistered CommenterShane
Ron Paul is not only fighting the Federal Reserve,he is fighting the Establishment, Their Corporate Media, The Global Goverance, The Military Industrial Complex, The Prison Industrial Complex, The Police State Industrial Complex, Federal Employees, The Democrats, The Republican Party Establishment and a sea full of ignorant people.
January 14, 2012 | Unregistered Commentered

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