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Ron Paul's views on environment












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Ron Paul on the Environment



This is Ron Paul's take on the Environment.



Ron Paul Texas Straight Talk Environmental Boondoggle June 29, 2009



house.gov Representative Ron Paul (TX) provides his insight and analysis on HR 2454 "American Clean Energy and Security Act of 2009" also known as the Waxman Markey bill. HR 2454 seeks to implement a federal Cap and Trade scheme onto both American business and individuals in the form of "carbon offset credits". The bill passed the House on Friday, June 25th, 2009 by a vote of 219 aye 212 nay. The bill now moves on to the Senate where some are expecting it to encounter a tougher road in its current incarnation. Also of note, House Democrats drafted a last minute 300 page amendment at 3:00a.m. EST the morning just prior to the vote. This in turn led to Minority Leader John Boehner (R-OH) attempting to read the entire amendment from the well after it was discovered missing from the official House floor copy.



Ron Paul, Debt, Money, The Environment, & Unsustainability



dissolvingdollars.com Ron Paul, Debt, Money, The Environment, & Unsustainability Intro/End Song: 'Merican by The Descendents (Note: there are two ways of describing how fractional reserve banking works. Both explanations are correct. One explanation says the banks loan out 10x the money they have in reserve. So a $1000 dollar deposit becomes $10000 in loans. That is true only with FED money (actually 9x not 10x). Yet, in the big picture, it is also true with individual money deposits, but it would only really become true if there were ever a major run on the banks requiring FDIC bailout—since that money doesn't really exist until people try to withdraw it. The other explanation, the one used in this article, deals with the normal everyday practice of normal people depositing normal money, with no runs on the banks. If there were ever a run on the banks we'd see the huge amount of inflation hidden in the system come to the surface overnight. Yet, it is unlikely there will ever be such a bank run, because who really wants all that hidden inflation to boil to the surface like that?)




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