Wednesday, 9 January 2008

Sidelines?! What sidelines?

As a Brit for Ron Paul, I'm sometimes tempted to feel like I'm on the sidelines. So what if Ron Paul is promising to abolish the Federal income tax and the IRS for Americans, without replacing them with some other overpriced bureaucratic nightmare? So what if Dr. Paul is also promising to balance US federal government budgets by abolishing the Federal Reserve and return the US to a gold standard? Bully for the Americans? Well, yes - but bully for us, too, because we live in a global market. Let me explain.

National governments constantly compete to expand their own tax base at each other's expense, and big trading blocs like NAFTA and the EU do not essentially change this reality. What's more, governments appreciate that modern economies involve a hugely varied skills base to maintain and develop them. They all need writers, artists, economists, bricklayers, plumbers, carpenters, computer programmers - and on and on. The list varies from country to country and time to time, but essentially it's endless.

Now, what do you suppose would happen elsewhere if the US became a low-tax as well as a high-skill economy? That's right, British and European governments would feel pressured to lower their own tax rates in order to retain their most productive citizens and workers - and poach people from elsewhere. So, you and I would all become richer whether or not we were considering emigration from the UK .

But surely a less well financed government would have to do something about that? Quite so. It would have only two choices: to inflate the currency, or to do less. Unfortunately for our glorious leaders, if Ron Paul also abolishes the Federal Reserve and starts forcing the US Government to balance its books in the meantime, the value of the dollar (and/or its replacements) will rise on the international money markets, and more people will want to save money in US-based currencies. Can you see how an impending savings drain from the UK would make an inflationary policy even more painful for everyone even more quickly? The only viable choice would be for UK and European governments to do less.

Now, I agree that means we'd have to do more for ourselves, but we'd experience less government interference as we did, and we'd only have to pay for what we wanted as we went along. In a global market, national government decisions inevitably have international consequences. Peace is cheaper for taxpayers than war, and - as I've hinted above - sound money is ultimately cheaper for everyone than inflated money.

So, if you're a US expat - or simply a fellow Brit for Ron Paul - please donate generously to Dr. Paul's campaign in whatever way you can: in the global market there are no sidelines left for any of us, and if you think personal freedom is expensive, take it from me: you don't want to try slavery instead.

- Houseman


Anonymous said...

we're all in this together and your support is extremely, extremely helpful. We live in a small town in Massachusetts (USA), on the New Hampshire border, and it is awesome to see the Ron Paul signs lining the roads EVERYWHERE. (BTW there is already proof of vote-counting fraud in NH. The media won't listen. Paul didn't get the majority but he did much better than reported. Again, you should see the signs everywhere!)

When a person (like me) suddenly wakes up and realizes we are facing global tyranny we get VERY enthusiastic about freedom and start waving Ron Paul signs and obsessing about the campaign.

This campaign for personal freedom is global; bigger than Ron Paul, bigger than America or any one country.

Support in other countries is VERY inspiring and heartening. I think you'd be surprised how much. THANK YOU!

Daithi said...

Very interesting post. I also wonder how Ron Paul's prognosis for the US might apply to the UK. The problem is that he is often talking about the federal level rather than the state level and about a consitution we do not have!

Do we in the UK have too much government interference in our lives? Is the government 'printing money' and causing inflation that hits the middle class? Are our civil liberties under threat? Are we bankrupting ourselves funding war abroad? Absent a constitution and separation of powers do we have a proper democracy at all!

Anonymous said...

I made the "anonymous" post above. I wanted to write back to say that now it seems irrefutable that Dr Paul won by a large margin in New Hampshire. It checks out with personal experiences of friends. Here is more good proof.

I can't answer all of daithi's questions, as I am only someone just starting to become interested in politics. But I am certain that 1) the Bank of England is a Private Bank, owned by the same group of people who own the Federal Reserve in the US. That probably means as a UK citizen you are considered by them to be tax producing chattel, as I am considered by the Fed. We are not of course, because we never knowingly agreed to all that deception. We are free. That is the born right of every person on this planet 2.) Bush, House of Windsor, Clinton, Blair, Rockefellers, Rothschilds, World Bank, many others, are all business partners.
But, they depend upon no one knowing what is going on. Each person who wakes up is an erosion of their power. All the best to you in UK. Peace and Prosperity to ALL!!!!

Houseman said...

The Bank of England was founded in 1694, when - despite the grandiose name - it had no more standing than any other private bank. It is widely credited (if you'll excuse the pun) with inventing fractional reserve banking of the kind practiced by the Fed today.

Although it started as a private entity, the Bank of England was nationalised in 1946. It has been a state run enterprise ever since. I don't know if the successors of the original 300(?) investors were ever repaid, but can you imagine how much influence they and their successors might have had between 1694 and 1946?

By the nineteenth century, the Bank of England already had a reputation as "the bankers' bank". Imagine the power associated with being someone whose investments ultimately underwrote every note and coin in circulation... No wonder Nathan Rothschild is reputed to have said "Give me control of a country's money and I care not who writes the laws".

- Houseman

Global Ron Paul said...

We are creating a global forum of supporter and voters for Ron Paul all over the world, we want you to post your Website on India and Pakistan.

We want to know about you.
We have to get organized, there is a lot of people in other asian or european countries.

This is the time.

You can post your website in the General Category, or leave a message about you and your work in your local forum.

Best wishes

That is the link.

Keep it up the good work!!

Oliver Nassar said...

im curious what you guys think that real staying power on ron paul is.. i put at the poll that i didn't really know, but am curious what others think..

some great beliefs on the fed in my opinion

Tom said...

Favourable analysis of Ron Paul on BBC:

Go and share your thoughts!!!