“In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves.

This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard.”

http://www.constitution.org/mon/greenspan_gold.htm

Oh but that doesn’t matter at all since he’s got the next election 95% of the way locked up right? Lol. He has less than 5% of the republican votes nation wide at this point. Sounds like a winner to me!

I encourage people who have any economic intelligence to vote against RP.

People are screaming FREEEDOM! like William Wallace rigt now. They are going to have to kill Ron Paul like they did JFK or RK to stop him now, and I fully expect the MSM, military industrial complex and the CFR types to go after his life because the smear tactics are backfiring!

VOTE RON PAUL FOR FREEDOM, its your **LAST CHANCE** We will never see a man as good, honest and consistent as Ron again.