the dollar vigilante blog

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  Interestingly, the Executive Order was never repealed by any U.S. President through an Executive Order and is still valid.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.

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