“History has shown us that when the government needs to save itself it won’t hesitate to STEAL your money.”
(August 10, 2016)
The following video ‘interview’ of former Congressman Dr. Ron Paul is a scripted presentation that is admittedly a bit stilted. Nevertheless, one needn’t look very far at national and world financial news to conclude the information and analysis are very real. For example, ‘bail in’ documents exist as laws in many Western nations, including Canada and the United States.
This may all appear Cassandra-like at first glance. Yet real economic indicators suggest an imminent economic crisis as central banks increasingly prop up the so-called ‘free markets’ through bond and now even by purchases of corporate debt and stock. At the same time, international events suggest that the US dollar’s days as the preeminent world reserve currency are numbered; on October 1 the Chinese Renminbi will be formally recognized as a foreign exchange reserve by the International Monetary Fund alongside the dollar and euro.
Reports and imagery from the ongoing economic collapse in Venezuela seem remote, yet the economic conditions for such a breakdown in Europe and the US are indeed very real. Of note is a special ‘Emergency Podcast‘ released September 16 by financial analysts Andrew Hoffman and Bix Weir lays out more recent developments in even greater detail.-JFT
From the video’s producer:
I follow a lot of alternative financial experts like Dr. Jim Willie, Peter Schiff, Jim Rickards, Dave at X22 Report, Gregory Mannarino, Greg Hunter, and many others. They all pretty much have the same opinion concerning the state of the economy. They believe the government will go to great lengths to prevent a collapse of the dollar, including raiding your IRA and stealing your money. Many people don’t think the government could legally do this, but they have done it many, many times over the past 200 years. People are just not educated or aware of when it was done and how.
In this video Ron Paul gives many example of when and how the government has stolen money from the people. It is undeniable proof of what is coming. He states, “If you don’t believe it go look it up in the history books”. This is one of the best videos I have ever seen because Ron Paul gives so many specific dates and details about the government doing the exact same things many other times in US history. (see below)
He stays away from many of the conspiracy issues that Dr. Jim Willie and others often touch on and just sticks to US present and past events. He goes over many of the laws the government has already put in place to confiscate your IRAs, pensions, and bank accounts. He gives recent example of other countries that are doing exactly what he says the US government is about to do. He also says that he expects negative interest rates. The thought of negative interest rates seems impossible to most Americans, but all you need to do is look at Europe and Japan. Negative rates already exist there. That means you pay the bank to put money in a savings account. It’s insane!
Ron Paul is one of the most creditable, knowledgeable, and politically connected people in the United States.
Government creation of Continentals (dollars) became worthless in within a year.
Again in 1861 President Lincoln authorized the creation of greenbacks as currency. The value dropped 66% over several years.
In 1933 President Roosevelt gave Americans one month to turn in all their gold to the Federal Reserve. People lost 41% of their savings in one day.
In 1971 Nixon unlinked the dollar to gold with the stroke of a pen. Since then the dollar has dropped more than 90%.
Present. Bank bail-ins, pension confiscation, and negative interest rates already happing in Europe and Japan.