March 26, 2008 10:37AM
Time to Listen to Ron Paul?
By Elizabeth MacDonald
Time to listen to Texas Congressman Ron Paul, the lone voice of reason in Congress today who’s got to feel like he’s shouting into a field of cotton with his repeated warnings about the dangers of a collapsing dollar, while the administration goes AWOL on the problem.
The dollar just hit a record intraday low against the euro on reports that consumer confidence levels have dropped to levels not seen since the post-Watergate era. It is down 7% year to date against the Chinese renminbi, it’s weaker than the Japanese yen and the Canadian loonie.
The joke is the greenback is now only stronger than the Mexican pesos and the Zimbabwe dollar, an overstatement for dramatic effect, to be sure.But since hitting a peak in 2002, the dollar has lost about a quarter of its value against a trade weighted basket of currencies.
A weak dollar acts as an anvil around the neck of the US economy and consumers. Rising inflation is essentially a tax on consumers, so are rising energy prices, and that double whammy threatens to undermine the purchasing power of the rebate checks due out in May–backed by printing even more dollars.
A bellwether event of significant import to our nation’s finances happened this past January 1 with little notice. That’s the day the first baby boomer was allowed to retire. A new federal report wearily warns once again for the umpteenth time that the nation faces some $60t in Social Security and Medicare unfunded liabilities alone.
We’ve heard time and again conservatives say deficits don’t matter. To say that deficits don’t matter is like saying ketchup is a vegetable or trees cause pollution.
The $406b the US pays annually in interest on the $9t in federal debt alone would rank as the world’s 30th largest economy.
That annual interest cost surpasses the gross domestic product of Belgium, and is bigger than the GDP of Denmark and Hungary combined. The $406b would cover the annual cost of investigating Medicare fraud.
Stack all those one dollar bills making up our $9t deficit (and that doesn’t include the $60t in unfunded liabilities for Medicare and Social Security) and you would reach the moon and back. “Printing money cannot create wealth, if it could counterfeiting would be legal,” economist Brian Wesbury has said.
Even Milton Friedman, the Nobel Prize-winning economist and a forceful advocate for laissez-faire economics, got so sick of the way central bankers were willy nilly printing money in the ‘70s, he advocated that the government should replace the Federal Reserve with a computer. “Money is too important to be left to central bankers,” he quipped.
Broad zoom: The US economy has spent all of a year and four months in a downturn over the last two and a half decades. During that time we’ve seen a market crash of 22% in 1987, the S&L crisis, four wars, three financial crises (Mexico, Asian flu and Russian debt crises), the blow up of the hedge fund Long Term Capital, two asset bubbles (dot com and telecom). Since the Bush tax cuts of 2003, the US economy added the equivalent of China’s GDP–and government spending has boomed.
Now Federal Reserve chairman Ben Bernanke has both cut rates at a breakneck speed and pumped a massive amount of monetary stimulus into the markets to cure the credit crisis. I still think he is doing his level best to fix a crisis not entirely of his own making. The question now is, will Bernanke yank the liquidity punch bowl when the economy returns to trend growth in 2010 or 2011 as the central bank projects?
Let’s hope so, because the case for a weak dollar is, to me, well, weak. Namely, that a lame greenback softens the housing and credit crises as it fuels profits at US exporters whose goods are now dirt cheap in the eyes of foreign customers. Strong foreign sales at places like Boeing and Caterpillar reportedly added 1.4% to US growth in the second quarter of 2007. But exports make up just 13% of GDP. Consumers make up a larger 70%.
It’s no surprise consumer confidence is as weak as it was in the ’70s. LBJ had promised this country it could have both guns and butter in the ‘60s, so the Federal Reserve gunned the printing presses to pay for spending on entitlement programs and for the Vietnam war. For the first time, too, politicians got their mitts on taxpayers’ Social Security funds, after Democrats passed a so-called “unified budget” in the late ‘60s.
All that spending caused the dollar to nosedive in the 1970s amidst an oil embargo that sent oil costs, priced in dollars, soaring. Paul Volcker, then Fed chairman, enacted rapid rate hikes hitting 21% by 1979, and the Treasury went so far as to sell $6.4b in “Carter bonds,” largely denominated in Deutschemarks, to prop up the dollar. Gold got ripped off its mooring of an average $35 an ounce in the ‘70s, and in 1980 it hit a record $835 an ounce, around $2,250 in today’s prices.
Gold acts as a dew line for inflation. We essentially have a good handle on how much gold there is in the world and potentially below ground. When gold rises in price, it signals we are printing too many dollars, which indicates a concurrent drop in the greenback’s value. Over the last seven years, gold and oil prices have risen in lockstep, up 239% and 267% respectively. If the dollar had also risen in value at the same rate, oil would be selling at about $30 a barrel.
But now central bankers say that because of the weak dollar, they’ve seen capital losses carved out of an estimated $3.34t worth of US dollars they hold in foreign currency reserves; Japan holds the most dollars, China is second. The fear is they may unload these plunging greenbacks en masse to cut their losses and run–which would really tip the US into a protracted recession. Already reports out of China show government officials there willing to rotate future planned investments out of US treasurys into other investments.
Countries pegged to the dollar are rightly saying, too, that we are exporting inflation to their shores. Saudi Arabia is a land that has had nearly zero inflation since 1998, but recently inflation soared to 7% annually, despite the fact the country is flush with petrodollars.
Congressman Paul rightfully warns us when he says the US government has “systematically undermined” the US dollar by expanding “the money supply at will for financing war or manipulating the economy with little resistance from Congress–while benefiting the special interests that influence government.”
It’s not just the US gunning the mints. Goldman Sachs figures that three-fifths of the world’s broad money supply growth came from emerging economies over the past year or so. Three-fifths. That’s gigantic.
Goldman Sachs says the growth in Russia’s M3 measure of broad money grew 51% over the last year or so, India by 24%, and by 20% in China, Saudi Arabia, South Africa and Brazil. That’s three times as fast as the US and the rest of the developed world, and it’s faster than their GDP growth rates. It’s the fastest pace in decades.
All that loose money is pouring into commodities, stock exchanges around the planet as well as bond markets–it’s largely why our long-term bond yields have been historically low, spurring a dramatic increase in mortgage borrowing, as mortgage rates typically track the 10-year Treasury note.
Watch out here–emerging economies are just as susceptible to minting lots of money due to political pressures, including things like paying for wars, or calming local populations clamoring for higher pay and more jobs.
What can be done stateside?
The administration needs to state more emphatically that it supports a strong dollar. A stronger dollar would draw liquidity back into the credit markets, lower inflation risks, cut oil prices and restart economic growth, notes Bear Stearns economist David Malpass.
Presidential candidates vilify NAFTA and free trade, when the weak dollar is partly to blame for problems like jobs lost to overseas operations, Malpass adds.
“Empires fail because they run out of money, or more accurately, run out of the ability to spend or inflate,” Congressman Paul warns. “We need to control spending, immediately, before it is too late.”
March 26th, 2008 at 11:06 am
About time you guys at the Fox News woke up about Ron Paul. Guess what? It may not be too late to get behind the R3volution folks…he is stil in the race.
March 26th, 2008 at 11:08 am
Thank god someone’s showing some sense and finally listenting to the man!
Also, saying “Deficits don’t matter” automatically makes you NOT a conservative! That is the kind of thing LIBERALS are supposed to say, and still do! So my question is where are have all the conservatives gone? VOTE RON PAUL!
–Nathan
March 26th, 2008 at 11:16 am
Thank you for finally getting a good word in about Ron Paul, a little late but better late than never.
March 26th, 2008 at 11:17 am
Ron Paul has been telling you all right along what the problem was. Well you reap what you sow. When pundits don’t listen and don’t report fairly and accuratly to the people of course its going to fall.
March 26th, 2008 at 11:18 am
It is way past time to listen to Ron Paul. He should have been listened to from the beginning. Doing so now would be a good step. Better late than never.
March 26th, 2008 at 11:20 am
Wow. A positive article on Ron Paul from foxnews. There might be hope for the GOP yet…
March 26th, 2008 at 11:20 am
Fantastic article Ms. MacDonald! Finally someone is printing what some of us have been jumping up and down screaming for years. This country is doomed if we continue on the current course.
March 26th, 2008 at 11:21 am
Well, its nice to see someone is saying something. This man has been talking about the same thing for the past 20 years or so. What makes people want to listen now, the dollar is actually falling and half of what he says is true. Well, I have personally looked at the other half and its true as well. All of it and more and more people will become aware. My suggestion is if you value your job in journalism. START TELLING THE TRUTH. like this article, kudos Fox you got it right. Heres hoping that my career in journalism will lead me to continue the truths that are hidden amongst the pages of the internet in so called public forums.
You want a candidate for change.
You want a candidate that will listen to the people when they say the war is wrong.
You want a candidate that will not lie about his record its public right to read it.
You want a candidate that will not flip flop on the issues, there are videos of him online saying the same things 20 years ago. maybe with a bit more fire tho.
You want a candidate that will make sure the economy doesnt crash, hire an economist
You want a candidate that will help fix health care and SS, hire a doctor that has even at times treated patients with no money instead of taking government money.
You want a candidate that can run a campaign with no loans, no federal matching money, even no donations from companies with special interest.
You want a candidate that truly tells it like it is.
You want Ron Paul.
Thats the truth as I see it, find it for yourself.
Wikipedia.com
March 26th, 2008 at 11:21 am
Excelent report. Its true. In economics, Ron Paul is the only political voice of reason.
He has some good ideas also on what your country should be
But that’s a different issue.
March 26th, 2008 at 11:24 am
The time to listen was before he was run out of the race for POTUS. The America you and I grew up in is gone in four years time. With or without Ron Paul. It’s too late now.
March 26th, 2008 at 11:25 am
I’m impressed that FOX news has openly admitted to the needs of the economic platform of Ron Paul to bring this country ontrack again.
A cautious thumbs up to Fox. Thanks Ms. McDonald
March 26th, 2008 at 11:25 am
What else we aren’t hearing publicly is that the US Government is trying to collapse the dollar, to replace it with the Amero. Why replace it with the Amero? Because by then, the US will have lost it’s soverignty and government as we have ever known it - along with Canada and Mexico. The North American Union will be completed, with 1 currency, and eventually merged with the EU, ASEAN, and the Bilderberg superpower will control the world by force.
Why aren’t people paying attention to this? Because you are psychologically programmable. Why are you angry that I posted this? Because you are stubborn and you don’t want to find your way out of what you think you know, and you don’t want to admit you are wrong.
March 26th, 2008 at 11:26 am
Watch it! You might be labeled a kook.
Ron Paul also says that real economic growth comes from long term savings and market dictated interest rates. What a crazy guy!
“We’re all Keynesians now” bwaaaahaaaaaahaaaaaaaaa
March 26th, 2008 at 11:27 am
Hi Elizabeth. that is the best article on the current problems I have read in the main media so far. It is important people begin to realize the problems we are in before it is too late.
March 26th, 2008 at 11:27 am
Well, the good doctor is still around. Why don’t you call him up and show him some interview time, for a change?
March 26th, 2008 at 11:29 am
Thank you for your article on Ron Paul. Its frustrating watching the economy go down the tubes and none of the candidates know what they are talking about except for Ron Paul. What is going on now, happened to the Roman Empire. America needs to wake up and listen to Ron Paul. He knows what is going on and can lead America out of this mess.
March 26th, 2008 at 11:32 am
Thanks for a great review of our economic situation. Even better thanks for crediting the only currently active presidential candidate Ron Paul for being an economically wise person. http://www.ronpaul2008.com folks and get behind the only candidate who knows what is going on and how to fix this mess.
March 26th, 2008 at 11:37 am
Wait, this is on Fox? Where were you months ago? You’re just now starting to understand that fiat money and inflation are bad for the economy? And you’re finally realizing that Ron Paul has something to say about it?
The time to listen to Ron Paul has been the last twenty years as he’s argued pretty much the same points. The time to listen to Ron Paul was when he started his presidential campaign. The time to listen to Ron Paul was when he answered questions intelligently in debates, despite attempts to ignore and mock him.
Listening to him now is still a good idea, but it is almost too little, too late.
March 26th, 2008 at 11:38 am
Dr. Paul has been warning us of the pending economic disaster for the last year but organizations such as Fox and ABC have only criticized and mocked him when he has done so. Our country will be bankrupt if we continue down the same path of overspending and printing money and it doesn’t seem like anyone cares.
McCain, Clinton, Obama, NONE of the other leading Presidential candidates speak about the economic problems we face and none of them will do anything to correct the issue. The democrats health care plan will only further the problem just as McCain’s 100 year war plan will do.
It’s sad really. It’s sad that we’re watching our Empire collapse and the only thing people are concerned about is a ‘woman’ in office, a ‘black’ man in office, or not offending the current party. When do we vote for integrity and for a different direction?
Ron Paul is the only candidate who speaks of real change in this Country. He is the only candidate who addresses the fact that we are spending our children and grand children into bankruptcy. Ron Paul is the only candidate speaking of the devaluation of the dollar and is the only candidate who addresses the fact that we need to get back to a more stable currency.
Wake up America! Don’t be one of these people: youtube.com/watch?v=7zsr0UpVjoE
March 26th, 2008 at 11:40 am
Amen Sister!
March 26th, 2008 at 11:41 am
Great article. Dr. Paul has been saying this for years and we Americans need to listen and learn from him before it’s too late. The Federal Reserve System is un-Constitutional and therefore illegal. Our Founding Fathers were very clear, NO Central Banks! Down with the Federal Reserve Fraud! Ron Paul for president!!
March 26th, 2008 at 11:41 am
Thank you for the honest and insightful reporting. Why is Ron Paul being ignored? Perhaps another story worth reporting.
March 26th, 2008 at 11:43 am
Was that the sound of a few folks waking up? Ron Paul is, unfortunately, going to be looked back upon as the “seer” no one paid any attention to very shortly.
Best economic advice I’ve heard in the last few weeks?
“Invest everything you can NOW, in precious metals: gold, silver and copper-jacketed lead.”
The fertilizer is gonna hit the ventilator very soon, now, people.
March 26th, 2008 at 11:45 am
For crying out loud we need a president with wisdom and insight into reality. The concept of the American constitution is too important to neglect for the sake of our future as a free society. Do yourself a favor America read more about the dollar and how it is being destroyed, and read more Emac!
March 26th, 2008 at 11:46 am
Elizabeth MacDonald please do what you can. Talk to your friends, talk to reporters, get the message out about Ron Paul. If you guys realy get motivated you could ask fox report more on Ron Paul and if Fox doesn’t aggree you could even strike which would get large amounts of media coverage I would assume. You guys have alot of power to get the message out to those older people who don’t use the internet. You could play a crucial role in this revolution. Things might be good now for people with high paying jobs but that will not last for the long term for peoples children and their children think about them. Please use your inside positions to talk to people many other people would have a much harder time being able to speak to. Please the people need help, we are struggling and you could make a huge difference.
March 26th, 2008 at 11:47 am
Paul is a visionary. He seens the results of our actions years before the news hits the stands. He understands the working of our economic system and puts the other candidates to shame. Ron Paul needs to be in the news. People need his insight and knowledge. America is on a fast train headed for a wreck.
Paul has a bipatiasan plan to save Social Security. No one is talking about it. What is wrong that we wait till after the train wreck to look at our tracks?
March 26th, 2008 at 11:49 am
Time to listen to him? Should have nominated him! Might be to late now. This last year WAS the time to support him and his ideas in the MSM instead of laugh. It was a sham and a shame.
March 26th, 2008 at 11:52 am
I want to extend my Kudos to Fox for this article. It is unfortunate that the many warning and messages of Ron Paul get attention only after the damage has been done. Ron Paul was the only one screaming that we are in economic trouble induced by the Fed, the unconstitutional war in Iraq, and our federal budget deficit spending and we are in for some trouble if it continues. In fact, many pundits felt it wise to call Paul a crazy, kooky old man. Now the we can see that his message of the Fed devaluing the dollar was true, heads are turning to realize that his honesty is what was so crazy about his message.
At a time when most in our Congress offer blank checks for the President do to as he pleases and a time when the American public expect to be lied from by the politicians, only one sane voice would indeed come off a crazy. His revolutionary message is one that we all should be paying much closer attention to.
Thank you for posting your thoughts on Ron Paul’s message and the fact that it was right on from the economical sense.
March 26th, 2008 at 11:53 am
How about this, end the war, save some money by returning our troops to america, end the federal reserve so the dollar cannot be debased, set up a Oil-Gold-Silver-Platinum backed currency (or just back the dollar with it when it gets back on track), and then stop taxing people and maintain a smaller government (at least for 8 years) to regain our footing on the debt. We promised the American people social security, but what happens when the government spent all the money for social security? Most Americans live in financial fantasy land, where they believe the government has and ENDLESS supply of wealth, however its not true, we are running on loans from china we should all be ashamed to elect presidents who spend spend and spend, then when their term is up, they say “Oh well, not my problem anymore” Then when the next person goes in, they are depressed by the sheer amount of debt that they inherit, so they give up and spend more and more like the last one.
March 26th, 2008 at 11:53 am
I can’t believe you work for fox how can it be that something sensible came from fox???
March 26th, 2008 at 11:54 am
Until we address the roots of our problems we will never solve them. Our fiat currency, the idea that government should take care of us financially or protect us from ourselves, and building and maintaining a global empire are the roots of our economic and security woes. The weak dollar, housing bust, loss of manufacturing base, and other maladies are the fruits of those fundamental decisions our government–both Republican and Democrat has made.
Perhaps more important than those, the social problems we face (breakdown of the family, rampant homosexuality, abortion, drug use, etc.) are not results of a lack of government action, they are the results of rejecting spiritual (Biblical) and moral absolutes.
Main-stream media and entertainment have dumbed-down Americans to the point they act primarily on feelings not facts. Therefore, we are on a collective ride towards increasing tyranny, socialism, globalism, and fascism.
March 26th, 2008 at 11:54 am
Finally, someone that gets it! Ron Paul is my hero. He is dead on and I will support him and anyone running for public office that earns his stamp of approval. I love this country too much to see it destroyed by an unconstitutional central bank.
March 26th, 2008 at 11:55 am
Wow! Elizabeth, dust off your resume.
A balanced and fair piece from Fox? Unfortunately you won’t be allowed to write credible pieces for long.
If Ron Paul was right on this, wait until you see his stands on all the other issues. Forget McClinbama.
p.s. buy silver.
March 26th, 2008 at 11:59 am
You Guys at fox and the media have done everything in your power to eliminate Ron Paul and in the process have lost me has a veiwer because of your Corpgov propaganda . Now you want people to listen to Ron Paul ? You wouldn’t even give him a seat at the debate in the Early contest . He is the only candidate telling the truth and Ya’ll have ignored him while promoting the very problems that got us here the wars and Wall Street
March 26th, 2008 at 12:01 pm
Will we listen? The main stream media ignored Ron Paul for the past year and laughed at him for telling us the truth and now you expect the nation to wake up and listen? I hope that we will before it is too late.
March 26th, 2008 at 12:02 pm
The time to listen to Ron is well past. Thirty years ago, before nine trillion dollars had been stripped out of American pockets, the economy could have been resurrected without too much suffering. At least now, we know where to get the blocks when its time to rebuild. We can start by reminding Congress, as Congressman Crockett once did, that money is not their’s to give. The one thing to keep in mind is that Federal Reserve notes are not legal tender.
March 26th, 2008 at 12:03 pm
It’s a shame that the only candidate for the GOP nomination that has a truly conservative stance on government spending had to be someone with so little chance of election. For all of his faults, Ron Paul is the only one who “gets it” on the economy issue.
I don’t care who many advisors he may rally around him; John McCain knows less about money than he does about ethics. With a teacher like Charles Keating, that should be a surprise.
March 26th, 2008 at 12:05 pm
Dr. Paul has been warning about this for as long as he has been in Congress. We had a chance to change our direction in this nation, but between the media and others calling Dr. Paul a kook or saying he “has no chance” and the public ignorant on how our economy and nation should be run, it’s no wonder we are in big trouble now. Dr. Paul is not a savior but his supporters know that his ideas (which are that of our founders) are sound and proven when put into historical context. McCain, Obama, or Clinton will not take the steps needed to correct our mistakes. Those “Media Anointed” candidates are too enthralled by the “Central Bankers” and have no idea what their oaths of office even mean. I doubt those three have ever read the Constitution, Bill of rights, or any founding documents. If they knew history they would have known what happened when we had the Articles of Confederation before the Constitution was enacted. What happened then? WE PRINTED TOO MUCH MONEY!!!! Those who do not see the wisdom and logic of Dr. Paul’s argument do not know history and are susceptible to government/corporate/media propaganda.
Don’t worry the economy is doing fine.
Too bad this article is too late for Dr. Paul to become POTUS. We may have saved this nation if more people realized it sooner. See ya in the bread line! Oh wait, I’ve got my storable food so I WON’T see you in the bread line because I have my own food. The REVOLUTION is aware if the REAL problems. Isn’t that “Crazy” or “Cult-Like”, it’s sad if it is thought so.
March 26th, 2008 at 12:07 pm
Amen! Finally, the message is spreading. We need address the root cause of our current economic problems before its too late.
March 26th, 2008 at 12:14 pm
I think this is a great article. Unfortunalty, most polititians do not want to correct the issue because it will be painful and the majority of americans lack the understanding of exactly how important this is.
This was my main reason for supporting Mr. Paul for President, due to his understanding of how the ecomomy works. One thing to keep in mind when you are looking at Obama or Hillary, the federal government cannot give you anything without taking something away from you. So all those promises of universal healthcare means higher taxes plain and simple.
March 26th, 2008 at 12:22 pm
very well said. this article puts a lot of issues in perspective for me.
March 26th, 2008 at 12:23 pm
We love how the slip in the “positive” effects of NAFTA within a story that otherwise almost doesn’t mention Ron Paul as much as the economic mess we’re in.
FOX is simultaneously refusing to condemn NAFTA as part of the North American Union, which will forever eliminate the dollar anyway, and leave us with the Amero, and giving almost no attention to Ron Paul other than at token moments.
FOX sickens us.
With NAFTA, there won’t be any closing of the border to allow only legal citizens in and out.
Ron Paul voted AGAINST NAFTA and CAFTA because, despite their names, they are NOT about “free trade” any more than the “PATRIOT” Act is patriotic.
Corrupt government officials give their laws nice-sounding names precisely to distract the masses who, they know, will likely not verify their claims.
March 26th, 2008 at 12:25 pm
Iceland is the canary in this mine. Their current account deficit is 25% of their GDP and they now are at the mercy of hedge funds. To stave off a currency collapses their central bank has had to raise interest rates to 15%.
March 26th, 2008 at 12:28 pm
Thank you for a great article. I’ve been watching Ron Paul’s predictions come true. It’s frightening. Why won’t people listen? Why would voters ignore him? It baffles me.
March 26th, 2008 at 12:29 pm
I really wish the media gave Ron Paul this kind of coverage while it was still possible for him to be the Republican nominee for President.
March 26th, 2008 at 12:30 pm
Again, Ron Paul has hit the nail top dead center ….. but is anybody listening? I doubt it! The world’s largest flock of sheep being led, one after the other, straight over the edge of the cliff! It is truly sad!
March 26th, 2008 at 12:34 pm
“We’ve heard time and again conservatives say deficits don’t matter.”
Those weren’t conservatives! Those were neo-cons, which are in fact neo-liberals in conservative clothing. Khrushchev was right… Communism brought us down from within without ever firing a shot.
Never call those creatures conservatives. Nothing could be further from objective reality.
March 26th, 2008 at 12:37 pm
I am glad to see Fox news finally give Congressman Ron Paul some credit for his warnings and wisdom of a failing system. I hope this is not ‘too little ~ too late’, because Dr. Ron Paul is the only candidate who supports and defends our Constitution of the United States, therefore, the only presidential candidate worthy of being recognized and being elected our next president.
No matter who walks away with the Gold, Ron Paul will forever wear the Crown of liberty and peace for every American for standing up for our Constitution. Ron Paul won this election, a long time ago, unnoticed by most, due to CENSORSHIP of the MEDIA to hold him back and, blind fold the people who never heard of this great man. To keep this man banned from our television screens was a low blow to everyone who believes in justice. I am extremely ashamed of our Government, our Media and, everything it stands for, for what they have done to silence Congressman, Dr. Ron Paul.
Again, thank you for this article! God Bless America.
March 26th, 2008 at 12:38 pm
Over 800,000 people actually listened and voted for Congressman Paul because they took the time to listen and research what he has been saying about the current dollar crisis for decades and specifically over the last 6 yrs. Unfortunately the rest of the country has been so dumbed down that they cannot appreciated the simple truths he proposes. If the average American had an attention span longer than a gnat they would take the time to read Congressman Paul comprehensive economic plan and appreciate the blunt honesty with which he proposes getting us out of this mess. Unfortunately, the media didn’t understand the impending economic crisis either and derided, marginalized and generally blacked out his warnings. The general public fell for it. It is not too late as contrary to the media’s pushing of McCain, who admits he doesn’t have a clue about economics and would rely on the very people who have gotten us into this mess to advise him, the nomination is not fully his. McCain is only “presumed” to be the nominee and Congressman Paul is still in the race. Perhaps more media coverage like this will wake up the rest of this country to an actual solution, albeit a tough one. This country would be a much fiscally heathier and safe place with President Paul.
March 26th, 2008 at 12:41 pm
Wow great article! I have to say though, I’m pretty shocked to see FOX News reporting something about this.. Is this the same FOX News that belittled and ridiculed Ron Paul from the time he announced his candidacy until now??
March 26th, 2008 at 12:41 pm
Wow! Elizabeth, you must not value your job. You forget that the corporation that you work for systematically worked to devalue Ron Paul the candidate; from hosts demeaning the man on national televised debates to even denying him to one of the debates. Shame on Fox. Now we all will pay as the financial pain will be heightened due to the continuing delay of financial correction.
March 26th, 2008 at 12:41 pm
Well I think that Citi Bank is behind all of this! They were financing Enron the fake energy crises, they are up to their eyeballs in the sub-prime mortages and who has purchased all the gas cards? Texaco/Conoco/Uno cal etc. it is Citi Bank when one market dries up they move on the the next market. Who owns Citi-Bank? What happened to the Anti-Trust laws and the laws against having one entity control a market? This is going on right under the American Public’s noses! I don’t know about the Stock Market but my guess is they are dirty there as well
March 26th, 2008 at 12:45 pm
Wow. I couldn’t have said it better myself! Bravo!!!
March 26th, 2008 at 12:49 pm
Dr. Paul has been speaking about the weakening dollar for decades. When will we finally listen?
March 26th, 2008 at 12:53 pm
Excellent article. And it is way past time to listen to Dr. Paul. So, perhaps you can explain why Fox and others were so keen to marginalize him during the nominee selection process? You know very well we are just left with twiddle dee and twiddle dum.
March 26th, 2008 at 12:56 pm
Yes, it is time to listen to Ron Paul.
March 26th, 2008 at 12:59 pm
Ms. Mac Donald and Ron Paul are correct. The introduction of fiat money created by the Fed, pursuant to the Federal Reserve Act of 1913, eventually led to the Roaring 20s’ boom in stock bought on margin, then collapse and depression. I have created a spawning image that graphically shows the effect this has had, and our exponentially telescoping national debt. We are in BIG trouble unless we can discipline ourselves, and remedy the situation.
March 26th, 2008 at 1:01 pm
Fox News admits Dr. Paul was right about this the whole time? What’s going on?
March 26th, 2008 at 1:03 pm
Finally! Ron Paul has been lampooned by Fox and trhe other media outlets for his “crazy” ideas on sound monetary policy and limited role of government. I hope more people listen to his message and ACT on his message before it is too late.
March 26th, 2008 at 1:06 pm
Dear Ms. MacDonald: Thank you for this Article, because all of us know that the news media has not only been unfair, but extremely rude for keeping Congressman Ron Paul from our television screens in America! Why would you do this? Don’t you see what is happening here? Don’t you want to see this war end, our jobs restored to chase the upcoming ‘depression’ from our sight? Why would the Media keep the truth from the world like this? I’ll tell you why, because there would be NO DIRT to find on this candidate, and your ratings would drop due to lack of gossip. America needs truth ~ and you can give it to them, if you only would. Please lift this BAN on Ron Paul, before it is too late. I would hate to meet you in a FEMA camp somewhere, fighting for our lives, because of our freedom being destroyed.
Thanks for this article. Ron Paul ~ The King of the Constitution!!!
March 26th, 2008 at 1:09 pm
I wonder if this is a sea change at Fox or have your long term prospect for employment at Fox has been reduced to nil?
I don’t doubt that Foxes official policy is to tell the truth, but how can you say that Ron Paul has the correct outlook on the economy?
You have noticed the elephant in the living room!
March 26th, 2008 at 1:11 pm
Good article. I hope they are listening, finally! But from what I can see from the recently released economic plans of Obama, Clinton and McCain, Ron Paul is still the only candidate who appreciates the problem properly. Inflow has to exceed outflow, and spending cuts are necessary, immediately.
March 26th, 2008 at 1:11 pm
EXCELENT article! Short of using crayons, I’m not sure how your points could be made more clearly.
March 26th, 2008 at 1:14 pm
Thank you for publishing this article and providing this forum.
This is what so many of the Ron Paul supporters have been growing increasingly concerned about. We are concerned that the entitlement minded CONSTRUCTIONISTS care more about their pet projects and pandering to their pet groups rather than having true prosperity in mind. Hopefully the nation will wake up and listen to the man who has warned time and time again about economic dilemnas (including the savings and loans scandal.)
This article inspires me to give to Dr. Paul’s campaign. Thank you. I hope others will join me. He seems to be the only politician that understands the economic principles of a free market.
March 26th, 2008 at 1:15 pm
Why aren’t there more people like you? Why did this story take so long to print?
March 26th, 2008 at 1:18 pm
wow, an article from fox that doesn’t slander or marginalize Ron Paul but in fact encourages readers to listen to what he’s saying… I’m amazed… where were you 6 months ago when it would have done some good? he wnated to save America with his bid for the presidency but the media did nothing to help and everything it could to hinder, now all he can do is say: I told you so…
March 26th, 2008 at 1:19 pm
Very few listen to Ron Paul on economics or Newt Gingrich on Politics and government, but they should.
March 26th, 2008 at 1:24 pm
People are so blind…..Ron Paul was the only conservative we have to restore our great nation. Now, because of those who call Dr. Paul a “kook” we will be paying the price (along with their children and their children) for years to come.
March 26th, 2008 at 1:26 pm
I have just become very interested in the dollar and our current status quo.
I am amazed that Dr. Paul, among many others, have been warning of this for years, and years.
There is a solution, but the medicine is tough to swallow.
The only medicine is a complete revamp of our monetary policy to a sound currency.
Gold and Silver only legal tender. If you have a stable currency that is difficult to inflate (counterfit) you will have stable prices.
Sound money will also lead to savings because the value does not change as time goes on.
We will also have to agree on wars and foreign policies since they will come directly out of our pockets.
I believe that this medicine is the only solution but will not be taken. Too many Government officials make too much money off of the status quo, and will not want to relinquish their power of money to the us citizens. Neither will the banks for that matter.
Our current actions by the FED are only treating the symptoms of this larger and more grave problem.
No one asks “How did we get here?”
It’s like a bandaid over a bullet wound.
March 26th, 2008 at 1:36 pm
First FOX NEWS destroys Ron Paul…now they appear to be agreeing with him by allowing this piece to be published.
I would say that if you fear for your quality of life today…you would do everything in your power to ensure that Ron Paul’s insight be followed to the letter.
…or we are doomed.
March 26th, 2008 at 1:43 pm
I had stopped watching or reading regular Fox News after they excluded Ron Paul from their debate just before the New Hampshire primary. I’m glad my search for news on the internet led me to this article. The issues raised in this article are exactly why I feel it’s so important for Ron Paul to get a fair hearing by the American public. He seems to be the only candidate for the presidency that actually sees the financial brick wall we’re accelerating towards.
I still hold out hope that there will be enough conservative Republicans at the convention in September to send the message that our national government is spending America into disaster. Maybe there’s time to reverse the trend, but we sure as heck won’t spend our way out, socially or militarily.
When your family is up to the ceiling in debt on the verge of chapter 11, do you promise everyone new “free” services and spend money telling your neighbors how to live? Or do you limit your spending and try to get out of the way of family members who are producing income?
March 26th, 2008 at 1:43 pm
Yes, we seriously need to start listening to Ron Paul.
March 26th, 2008 at 1:47 pm
Great article, keep ‘em coming!
March 26th, 2008 at 1:47 pm
Thanks for the great article on our terrible economy and Dr. Paul. It would have been nice to mention that he is still in the Presidential Race, even though his numbers are way off McInsane’s.
If the FEC actually investigates McCain’s campaign finances, he could be in BIG trouble and even face jail time! If that were to happen, Dr. Paul could shock the nation…. but we’ll see if they do their job.
It seems that you have a grasp on what is REALLY going on today and the urgency needed to fix it. However, I think we’re too late and heading for the Amero real fast!
Again, thank you for the good article!
March 26th, 2008 at 1:52 pm
People should have listened to Dr. Paul when they still had a chance. It is now too late I’m afraid. Amerika is now past the point of no return and the house of cards is beginning to fall. All three of the other candidates have no clue how to handle this situation. They do not understand economics. My prediction, 50% chance the economic system is going to crumble into the abyss by the end of 2008. 100% chance it will collapse by the end of 2009. Get ready people, we are all in for a very rude awakening.
March 26th, 2008 at 1:56 pm
We need to listen to Cong Ron Paul before it’s too late!
Well written article — gives the general public something to think about.
March 26th, 2008 at 2:01 pm
Outstanding article! If only FOX wasn’t so full of neocons who can’t see the impending crisis through their love for war. Ron Paul might be leading the Republican race today were it not for people like the talking heads at FOX who decided to lock him out of the NH debate over people who he trounced before and after that event.
March 26th, 2008 at 2:01 pm
What? A pro Ron Paul fox news article? Pigs fly!
March 26th, 2008 at 2:15 pm
Too little too late Fox. I am convinced that you media people are the most idiotic, dumb-down morons of our society. It wouldn’t matter much of course except the fact that you media folks have a lot of influence to the mass. Until the media rectifies all the damage over the decades of false reporting and cover-ups, YOU ARE ALL ENEMIES OF THE PEOPLE!!! How do you all sleep at night knowing that you are all corporate/government slaves depriving the American people of information. Shame on all of you.
March 26th, 2008 at 2:16 pm
It’s a shame that it wasn’t “time” to listen to Paul back when he was the ONLY person talking about this, in the beginning stages of his bid for presidency. It’s a shame no one listened to him at all….Good Luck Fellow Americans, because no one we are going to currently elect will make a damn bit of difference. We should be outraged but we are not. Fox it seems is still too busy talking about pointless petty arguments on the campaign trail, still trying to connect Iraq with 9/11 and still trying to convince the public that they are fair and balanced.
Shame on Fox. I really hope you think about this very closesly. If our dollar falls even more and we face a depression again, we will not be able to “stay the course” in Iraq, we will not be able to keep taxes “lower” we will not be able afford to do anything and that includes keep us “safe” from the evil terrorists tat seem to be living under our beds.
March 26th, 2008 at 2:17 pm
As a Canadian neighbour, I am one of those people who have agreed with Dr. Paul’s statements for a long long time now. We just hope that America will have the courage to face up to the current problems that are clearly dismantling it bit by bit. The foundation is crumbling from within as it were. There is a larger threat from within than there ever was from abroad. We sincerely hope that more people will listen to Dr. Paul, because the truth that he speaks is simple and clear. It is time to pay the piper. Things have to change and gov’t won’t do it. We are rooting for the American people. Hang in there, get interested in the issues and become a part of it, as this is a major turning point in your U.S. history. American has to come back from the mall and start understanding that this is the final analysis.
March 26th, 2008 at 2:18 pm
It is LONG PAST time to listen to Ron Paul, a GENUINE Presidential candidate. I don’t understand Fox’s REFUSAL to cover this man. Seems clear to me and to many others that Fox WANTS the economy to collapse, and when it does, Fox and all their people will be part of those held responsible to the people. Your JOB at Fox is to bring us ALL THE NEWS, and report it fairly, NOT to bury or ‘burn’ the ONLY candidate that even understands the problem and can, perhaps, help us solve this before it is too late.
March 26th, 2008 at 2:19 pm
Finally Faux news is taking Ron Paul seriuously…hmmm…i wonder what is going on? do you think Ron winning delegates in various states has softened up the NeoCons?
March 26th, 2008 at 2:19 pm
Well written article … working for a multinational company, I see the effects of the weak $$ on a daily basis, particularly when purchasing services/ supplies overseas ..
March 26th, 2008 at 2:23 pm
This is really scarry! Why aren’t more people trying to do something about this situation? Somebody needs to get this story out in the media so taxpayers will understand and demand something is done about it.
March 26th, 2008 at 2:27 pm
Time to listen to Ron Paul was really prior to Jan 08, and the time to take action was in the primaries. Many people did, but many more listened to mainstream media largely marginalize him. Now you give him some credit for knowing what he was talking about. Well, better late than never. The Ron Paul Revolution is not about Ron Paul, but on the principles espoused in his platform — ideas that make sense to get our country back on track — and this movement continues. It’s not to late to hop on board.
March 26th, 2008 at 2:28 pm
Well done. It is scary to think how the monetary and banking policies of this country really work. We have a fundamentally flawed system, and I would argue we’ve come to the point of no return. It’s hard to imagine this system continuing on such a grand scale. I would say we are in for a depression…and there’s a good chance of a worldwide financial/banking meltdown. Here’s to the good life!
March 26th, 2008 at 2:28 pm
Kudos to you Elizabeth. If only a fraction of the people working for Fox wrote articles like yours, I would actually believe Rupert Murdoch isn’t a demon.
March 26th, 2008 at 2:29 pm
Indeed we should all have been paying close attention to what Ron Paul has been saying for roughly the last 30 years!
Dr. Paul has been patiently educating on the perils of the unconstitutional Federal Reserve “controlling” US monetary policy, as opposed to the Congress which the Constitution gives the only legitimate auhthority to. Unfortunately, Congress has failed to “represent” us in this all important area, just as they have failed to represent us in EVERY other area they have been entrusted with. Ron Paul IS truly “the one exception to the Gang of 535.”
Dr. Paul remains in the race, looking forward now to having a voice at the Republican National Convention. Let’s hope that, in spite of the successful silencing of his message of peace, prosperity, and freedom during his campaign, come September everyone will have an opportunity to hear his consititutional prescription for what ails us. Perhaps by then we’ll be ready to listen. http://www.ronpaul2008.com/issues
March 26th, 2008 at 2:34 pm
It is high time that we start listening to and taking seriously these things that Ron Paul has been saying for the past 30 years. The Constitution only allows for the government to issue money, not private central banks. Also, that individuals may only be taxed one of two ways, and that is through a direct apportioned tax and excise taxation, as stated in Article 1 Sections 2 and 9. Those that drafted our Constitution understood the problems and corruption that arose when such limitations were not in place, and these concepts are just as applicable today as they were back then.
March 26th, 2008 at 2:42 pm
Thank you Elizabeth. I’ve been listening to Ron Paul for many years. And he’s right and our economy wouldn’t be in the dire straights we’re in had Bernanke, et. al. listened to Ron Paul too if for no other reason than the definition of insanity being doing the same thing over and over again and expecting a different result.
As a member of the middle-class, I am intimately familiar with what the weak dollar does to my pocketbook and how inflation hurts, bites and stings. Let me add that Bush is delusional if he thinks that this little economic stimuus check, for which money has to be borrowed, is going to turn the economy around.
Drastic spending cuts would be a great start. I’d suggest we start with cutting spending on all of our overseas adventures and foreign aid. It’s time to take care of America first.
March 26th, 2008 at 2:42 pm
Terrific article Miss MacDonald,
Feed it to Hannerty & O’Reilly & watch them eat humble pie
March 26th, 2008 at 2:46 pm
I appreciate the news–The debasing of the dollar is deliberate–the Amero has already been printed to replace the dollar when it completely crashes. Ron Paul is one of very few honest politicians that realizes what is going on. The collaspe isn’t only the dollar—it is the end of our sovereignty. The good doctor was a threat to the plan and that is why there was no coverage for his campaign.
March 26th, 2008 at 2:49 pm
Thank you, we were all waiting and waiting and waiting and waiting. Thank you again. Ron
March 26th, 2008 at 2:55 pm
As Juan McCain says: “Um, my Friends, We Need More Sunshine”…..HaHa, and you folks thought Dr. Paul was “kooky”….The three idiots that the MSM picked for yall is going to bankrupt America…..
Voters for Hillarous: “She would be good for America because she is a woman”
Voters for Hussan: “He would be good for America because he is black”
Wake up People and save this great Nation…it is not to late..go Dr. Paul
March 26th, 2008 at 2:57 pm
FOX & AMERICA FINALLY LISTENING TO THE RON PAUL REVOLUTION??? We have been fighting to take back this country and you called us extreme! We now we hope you are up!! We have been trying to save this country and all you people have done is make fun of us & Paul. Now wake up America!! Mc Cain IS NOT THE NOMINEE he has only & HE DOESN’T KNOW ANYTHING ON FISCAL OR MONETARY POLICY. RON PAUL DOES!!!! He is the smartest one up there. Now if you google or yahoo or go to http://www.ronpaul2008.com see his videos, see truth America or we will be living in a third world country because of your ignorance!!!
March 26th, 2008 at 3:14 pm
Many have said that Ron Paul doesn’t stand a chance of becoming the nominee because he’s “too honest,” “too ethical.” So instead we should continue electing folks who are neither honest nor ethical? Isn’t that how we got into all this trouble to begin with?
Obama certainly comes across as more sincere, more “real,” than Clinton, but that is not enough! The country is in serious financial trouble and needs a leader who truly understands the issues and is willing to stick his/her neck out to speak the truth!
McCain, Clinton, Obama = more of the same politically-motivated, self-interested “change” we’ve been getting for far too long.
Ron Paul = real “change” based on following the Constitution, and a market that is actually “free,” something this country has not seen in more than 50 years!
If you care about the troops languishing in Iraq and Afghanistan, if you care about what kind of country they will return home to, if you care about the next generation of Americans enjoying the fruits of liberty, if you care about your own ability to survive a collapsing dollar, then there is only one candidate to get serious about, and not surprisingly he is the humblest among them.
Become a delegate for Ron Paul. Be a part of history in St Paul, MN. this Fall. Stand up for America, for the Constitution, for economic AND political liberty, for the truth in a world filled with liars. God help us.
March 26th, 2008 at 3:15 pm
This article can hardly make up for Fox’s marginalization Ron Paul’s campaign over the past few months, but its certainly a good start. Its good to see that not everyone in the media machine is not a robot. A big thank you to Elizabeth MacDonald.
Vote the for only candidate who has any economic sense. Vote Ron Paul.
March 26th, 2008 at 3:17 pm
To late Elizabeth. We all loved the last 15 years and profited off all the extra money. It will end sadly. Thank you for trying to get the word out. Dr. Paul had been saying this for 30 years.
March 26th, 2008 at 3:20 pm
Thank you for a positive article about Ron Paul. I’ll pass it on with a note to my friends saying “I told you so.” BTW, Fox, “we told you so” months ago. Now if you can just find a way to politically ruin McCain, there may be hope yet.
March 26th, 2008 at 3:22 pm
Any man who returns the unused potion of his annual budget and ran his campaign with no corporate influence, no debt and 5 plus millions left in the bank, CASH!!!
Now, who do you think I should trust my money with?
Economic 101
Class is now in session…
March 26th, 2008 at 3:22 pm
interesting…the most commented, but not the most viewed story on fox today? Hannity must be trying to keep the reins tight.
March 26th, 2008 at 3:27 pm
I am very glad to see this column. I don’t expect that coverage like this by the MSM will cause the neocon pundits and bloggers to open their eyes. Instead, I expect them to claim that the MSM is attempting to destroy Bush’s “legacy” and to defeat McCain in the general election by “exaggerating” the state of the economy.
March 26th, 2008 at 3:28 pm
Thank you for the real truth, Elizabeth! This article is of service to more then just Americans, it is a reality check to people world wide. Ron Paul is a messenger of note, and it is encouraging to read about him in a main stream media article. So once again thank you so much!
March 26th, 2008 at 3:30 pm
FoxNews was leading the charge to ruin Ron Paul’s candidacy during the period when it was vital that he be listened to.
After the economic armageddon, FoxNews will point back to this article saying, “We knew it would happen just like Ron Paul said.” They’ll say this to justify their guilt, but too much has been said/written against the statesman-like policies of Ron Paul to overlook Fox’s culpability.
That being said, this was a tremendous article by emac. It’s too bad that the “conservative” voices (Limbaugh, Coulter, Hannity, Dobson…) are blind to the constitutional limitations of government. They have all sold out to the celebrity candidates rather than putting their weight behind a statesman like Ron Paul.
March 26th, 2008 at 3:33 pm
I can not believe this has been published from fox. Ron Paul has been right for such a long time. Finally someone at fox is realizing it.
Go Ron Paul!!!
March 26th, 2008 at 3:43 pm
I’m happy to know that Ron Paul is finally being recognized rather than ridiculed. Certainly, when we really have to face up to the fact that we might well have McCain as the choice of the neoconned Republican Party, it might still be time (damned little) to decide that Paul should be the Republican nominee for President. I’ll not vote for McCain under any circumstance.
March 26th, 2008 at 3:43 pm
HILLARY/EVAN BAYH IN 2008!!! P.S. I do like Ron Paul, he’s a great voice in the Congress.
March 26th, 2008 at 3:47 pm
Elizabeth
Thank You - Thank You - Thank you
Fianally, a few people are waking up to the idea that Ron Paul has the answer.
rEVOLution = LOVE
March 26th, 2008 at 3:47 pm
Fox isn’t realizing anything. This is to SHUT RP SUPPORTERS UP. As you can see, they don’t even know what he says about NAFTA. The test will really be if they give this issue, and Ron Paul, the airtime he and the economy DESERVE. They won’t.
March 26th, 2008 at 3:57 pm
Wow! There is still a little common since out in news land.
My suggestion is you sit down with your boss Rupert and let him know that the very thing that has made him wealthy will bring him down if he does not act responsibly. Fair and balanced is a code of ethics not his interpetation. Ron Paul deserves an apology and respect for what he does not just what he says.
Fox is not alone in their slander, however we lead by example and Fox has lead the main stream media into the sewer. Raise the bar and speak the truth more often and you will regain the respect a news organization should have.
March 26th, 2008 at 4:03 pm
Hey Fox,
Will you invite Mr. McCain and Dr. Paul on stage for a debate on economics? Now that would bring huge ratings for you and a REAL debate to the American audience–a win win for everyone! Please!!!!
March 26th, 2008 at 4:05 pm
I never thought I would say this but thank you Fox.
March 26th, 2008 at 4:05 pm
It sure is time to listen to Ron Paul-
Ron Paul & Economics - Saving the Economy; Saving America:
http://ronpaul.myfeedportal.com/viewarticle.php?articleid=37
March 26th, 2008 at 4:06 pm
Thank you Ms. MacDonald. If everyone would just listen and read what Dr. Paul has been saying we could save this great nation of ours…..God help us (we are going to need it).
March 26th, 2008 at 4:08 pm
Yes, it is time to listen to Ron Paul. It’s time to nominate him for president, and elect him to that office.
March 26th, 2008 at 4:10 pm
I think it’s a joke that you are publishing favorable articles about Ron Paul now. Before this primary election, I watched Fox News regularly. It wasn’t until I saw your treatment of Ron Paul that I realized you had absolutely no interest in reporting the facts or helping America. I still watch Fox from time to time–but not for the news. I watch it for entertainment. It is really hilarious to see how hypocritical and scripted you all are. I had no idea before how much propaganda there is in America. Thanks for opening my eyes to that–at least.
March 26th, 2008 at 4:13 pm
Thank you Elizabeth, for being the lone voice of reason within fox. I just hope and pray that others will join in and listen to what Ron Paul has been saying for 20 years. By the way he is still in the race…
March 26th, 2008 at 4:15 pm
write a Ron Paul article and get tons of traffic…
March 26th, 2008 at 4:15 pm
Please send this article to Bernake and Paulson…they need all the help they can get.
March 26th, 2008 at 4:18 pm
Typical Fox. A day late and dollar short. Too bad the genius news directors weren’t listening to Ron Paul when it mattered.
March 26th, 2008 at 4:18 pm
I was a staunch Fox viewer/listener/reader up until Hannity, O’Riely and Fox as a whole did everything in thier power to marginalize, discredit and destroy Dr. Paul and his attempt to help this country out of the impendinge finacial disaster. Sadly this small token of honesty will not restore my patronage to Fox. The MSM has had a heavy hand in the coming meltdown of the finacial markets and world economy.
March 26th, 2008 at 4:20 pm
Thank you for your story. I understand you are at your employer’s mercy. You’ve done good. Thank you…. ps. If ya could slip a few more plugs in, that would be nice.
March 26th, 2008 at 4:22 pm
No worries….we are taking the republican conventions by storm. There is promise already out of Missouri, a state that only saw 4.5% of the vote for Paul, but will get perhaps 50% or more of the state delegates. We will do the same down here in Texas. If we can get a majority, we can change party rules. Otherwise, we can hope for a second ballot at the national convention. THINGS COULD GET VERY INTERESTING COME NOVEMBER. All in all, the very least that is/will/has happened is that we are making some of Paul’s platforms part of the GOP platform.
March 26th, 2008 at 4:23 pm
Wow, a very impressive, and insightful article. Ron Paul is the lone voice of reason, integrity, and is a true Patriotic Conservative. I wish Fox, and all the other media sources would have listened to him, and spread his message when it really mattered. Unfortunately, for our American public, the news media, and the GOP have totally ignored the one man who has been making sense all along regarding our economy, and how it is tied to our current foreign policies, as well as the spending cuts that must take place in order for America to get back track. There is a reason why McCain’s speech on our nation’s Economy did not go over too well yesterday 3/25/2008, McCain is McClueless, and has absolutely no idea of the depth, and true problems our economy is faced with right now, and his bandaids, just like Bernanke’s will never fix the problems. Please Fox, and affiliates continue to write on Dr. Paul, and teach Americans what they need to know. Our government, and the powers that be have dumbed-down our society, take it upon yourselves to educate, and report the news rather than your opinions. I will say this is the first piece of journalism I have read on Fox that is based on reporting the facts/truths, and what Ron Paul believes will correct our nation’s woes. Thank you.
March 26th, 2008 at 4:24 pm
Thanks, Elizabeth. At least there is ONE voice of reason at Fox.
To all of the commenters that say Dr. Paul is out of the race, YOU ARE WRONG! Get out and support him in the remaining primaries and give him some voice to be able to help this country!
March 26th, 2008 at 4:28 pm
Unless this man becomes president we are all in deep trouble.
Most of the other canidates can’t even operate a doornob.
March 26th, 2008 at 4:30 pm
It’s been said many times before me, but thanks for the positive note on the only true conservative that your company performed so well to shut out pre-SuperTuesday I and II.
My thoughts are you must be new to Fox and they don’t know your wrote this yet.
I hope your companies’ monies go down the tube with the rest of ours in your 100year of war with your candidate McCain.
DSC
March 26th, 2008 at 4:32 pm
It’s nice to see an employee of Fox News admit Paul is right. Too bad it’s after that network mocked him and ignored him during the time of the campaign when it mattered, simply because he has the good sense to be against killing Iraqis when Iraq had nothing to do with 911.
March 26th, 2008 at 4:40 pm
Februqry 4, 2008: Government Accountability Office ( GAO-08-489CG )
“Saving Our Future Requires Tough Choices Today”
From page 14:
“Current Fiscal Policy is Unsustainable” . . . “The ‘Status Quo’ is not an option” . . .
“Gao’s simulations show that balancing the budget in 2040 could require actions as large as:”
-Cutting total federal spending by 60 percent or
-Raising federal taxes to 2 times today’s level”
Yes, it is time to hear Dr. No’s messages. When even the impartial GAO indirectly endorses Dr. Paul for president, we should all hear and act. It is the future of our children. Protecting them is not just feed them and educate them, it also includes our duty to protect our country and constitution for their future.
G-d bless America!
March 26th, 2008 at 4:41 pm
Yes! I am so please to see more and more articles talking about this problem and also who has been warning us for so long, Ron Paul. Thank you.
Bring back true Conservatism!
March 26th, 2008 at 4:41 pm
Hallelujah! This is exactly what Paul and his supporters have been trying to tell you for months. (well YEARS)
I don’t know why it’s so hard for people to understand that America needs Ron Paul. McCain, Clinton, Ombama, would all be disasterous for this country.
Please I beg you, spread the word… it’s not too late.
March 26th, 2008 at 4:47 pm
But… Ron Paul proclaims that 9/11 was an inside job. It’s hard to take him seriously on anything. Maybe this whole credit problem is HIS inside job so he will get more exposure.
Sorry - just using his line of logic. =)
March 26th, 2008 at 5:00 pm
Great article! Ron Paul will be the Republican nominee. All hell is breaking loose everywhere, just like he said. The Iraq cease-fire appears to be over. A pro-war candidate cannot win. End the Federal Reserve, vote Ron Paul 2008!
March 26th, 2008 at 5:06 pm
Great article Liz!
“We need to control spending, immediately, before it is too late.”
I couldn’t agree more..Stop the pork barrel spending, bring back The
Line Item Veto!!
Ron Paul was never as crazy as some tried to make him out to be.
al
March 26th, 2008 at 5:07 pm
Scott D, I think that is what Hannity told us. Remember when Fox included him on the SC debate after they left him out of the NH debate? They asked him whether he though 911 was an inside job…he said “no.” Better to hear from horses mouth. BTW, that was such an awfully biased debate….asking Paul questions like “what do you think about 911 truthers” and “a question about electability….do you have any?” …all said with a freaking smirk on the ‘mediators’ face!
March 26th, 2008 at 5:10 pm
Scott D
“Ron Paul proclaims that 9/11 was an inside job.”
He never proclaimed that. Hear it from his own lips. Do you research before you say nothing that is NOT TRUE, otherwise, you’ll come across as someone who is employed by the corporate-owned MSM.
http://www.youtube.com/watch?v=hGyhlNY0y1k
http://www.youtube.com/watch?v=v60TWZNVgtk&NR=1
Ron Paul doesn’t do anything for EXPOSURE…he’s not an egotistical politician, quite the opposite he’s humble and honest.
Sorry, you just being dumb ;O)
March 26th, 2008 at 5:11 pm
Welocome to the party “journalist” I’m so glad you could join us in our cotton field!
You make me believe that you were given this project by the higher-ups just to quell the frustrated and boycotting Paulites. Well it won’t work with me that easily, but keep at it and we’ll see.
March 26th, 2008 at 5:15 pm
I know the mainstream media has their “reasons” for not wanting Dr. Paul in the presidency but even they won’t be immune to the coming economic disaster. I plead with Fox to change it’s policy of not reporting the issues Congressman Paul stands for. Look at how steadfast he has been during all the bashing from the media. He would be a wonderful president to have as our economy falls; a very intelligent and level-headed leader. Our military has spoken with their donations as well. Please don’t let this once-great country fail for the most insane reasons! You as well as the other media networks will be known for your contributions to the end of the United States of America.
March 26th, 2008 at 5:18 pm
Too late dopes in the GOP and lovers of Faux Noise! You got McCain - just as you wished! That guy is an expert on monetary policy I hear. LOL
March 26th, 2008 at 5:19 pm
Ron Paul did not proclaim that 9/11 was an inside job, however anyone with any common sense or logic would be able to assess the contrary for themselves.
With that aside, the systematic demolition of the dollar is being done to welcome in the era of the Amero; the new currency for all of North America. When that takes effect, our Constitution will be made null and void by our sell-out politicians…..WAKE UP PEOPLE!!!!
March 26th, 2008 at 5:19 pm
Scott D,
Ron Paul has never, and would never say such a thing about 911. Please go to http://www.ronpaullibrary.com and read about his positions before you spread false rumors. I challenge you to prove that what you said is true, because it isn’t.
March 26th, 2008 at 5:21 pm
Scott D said “But… Ron Paul proclaims that 9/11 was an inside job. It’s hard to take him seriously on anything. Maybe this whole credit problem is HIS inside job so he will get more exposure.”
You are a liar. Dr. Paul never said 9/11 was an inside job. He has only pointed the finger at U.S. foreign policy in an attempt to understand what would motivate our foes. You are a F’in LIAR .. or just STUPID … you pick.
March 26th, 2008 at 5:25 pm
“Ron Paul proclaims that 9/11 was an inside job” Who told you such nonsense? He has NEVER believed
such ridiculous claims. Talking about conspiracy theory, this claim has got to be one of the biggest ones
Just because a small, but loud part of his supporters believe it does NOT mean he believes it. Let us see: john McCain actively sought the endorsement of John Hagee: a “religious” kook that believe the US should bomb Iran, just like McCain believe himself, though for a different reason than Hagee. Clinton and Obama would also bomb Pakistan, Obama also Pakistan, but worse even his top foreign adviser (