As the dollar is falling, it is adding wood to the fire that Dr. Congressman Ron Paul has sparked; the fire that is the R3volution. Thomas Jefferson would be proud.
I know in my own life, I immediately stopped borrowing when I realized what I was doing. It was my fault to have wanted more than I needed and to actually purchase based on those wants with money I did not have.
I was lucky though. I woke myself up from a self induced prison, while I still have income to spare. While my debts are high, I still, fortunately, have enough monthly income to cover it and then some. When I truly realized how far I had dug myself, I decided to stop digging and start climbing out and still have the means to do so. I consider myself blessed.
I do not consider myself to be the most astute student of economics (as Master C will quickly point out), but I figured out the borrowing game was not one that I could win. I stopped that behavior.
I believe many millions more of us have reached this same conclusion. The banks have money to lend as the Fed is dumping hundreds of billions into them regularly. Perhaps it is the consumer wishing not to consume any longer and to instead pay their debts and obligations is what this crisis is all about. I could borrow a cool $20,000 tomorrow to have a swimming pool installed, could still make the payments confortably with my current means, but I don't need anything other than building up wealth and paying down my obligations.
Many millions of us have EVERYTHING we could need and more. It is pilling up in closets of millions of McMansions across this great land. I know as I live in a suburban McMansion cluster world. Most of the people I see around me have 4 bedrooms, 2.5 baths, 2,200 plus square feet, along with full basements. Their basements and storage areas are filled to the brink. Overflow works its way into the garage to the point that not even the frigid beginning months of winter and snow will drive many of these homeowners to clear out enough stuff from their 2 car garage to pull their cars into.
The Americans I know need nothing more other than food, clothing, a sustained income, and most importantly the rebuilding of their own wealth. The type of American I know can indeed rebuild wealth.
Now that I have wakened from my coma I can see who is taking my wealth in the name of the need for more credit, the Federal Reserve. Credit for banks, credit for investment firms, credit for companies, credit for homeowners, and credit for consumers is being espoused by our great Washington leaders as a cure to the problem. More borrowing by our government from the Federal Reserve is what they say will fix this economy. Borrowing more will only allow the economy to survive in terms of the institutions that make money from us borrowing. I do not believe this will work as more borrowing will not get me out of my debt obligations.
Even though I wish to no longer subject myself to digging into debt with more credit cards, home equity loans, signature loans, consolidation loans, and whatever other financial mechanisms that are available, the government is still forcing me to borrow anyway. They are forcing me to borrow with the monetary policy of the Federal Reserve that touches us all in the value of the dollar.
I will build my own wealth. I will fight to and get my confiscated wealth back from these blasted income taxes while addressing the inflation/debt tax of the Federal Reserve. The Federal Reserve can only function if someone wants to take this debt. The consumer can end this system in the blink of an eye and I believe the consumer may be wising up.
All libertarian followers will still have a lot of people to educate about the deeds of our government, but I believe the remnant is larger than we could ever understand. Dr. Congressman Ron Paul is absolutely right, our numbers are indeed growing. Our country is ripe for the R3volution so don't let the talking box of talking heads lead you to believe there is any other problem than people are waking from their own self-induced slavery and realize borrowing to cure their financial indiscretions will not work for longer than the short term. The confidence in this fiat dollar scheme has been lost as knowledge is spreading and the only thing that backs this fiat system is pure economical ignorance.
Talk all you can about all you know all of the time. You will be surprised how many more people actually understand the Federal Reserve now. Once they wake up from their coma, it will be impossible to go back in. Once they have given themselves knowledge, it will be impossible to UN-learn it.
You will never know when someone has that "Ah-ha!" moment where it all becomes clear. I can't exactly pinpoint it other than with Dr. Congressman Ron Paul's message in the Republican debates. From there I was off to the races and reading more about economics than I have in my prior 29 years of living and now I will do everything in my power to reeducate America one by one on the greatness of the Jeffersonian freedom and liberty message that made our country great.
I like what blogger Veronica Ray states about her idea behind the quote, "No Army can stop an idea whose time has come."
She writes,
"It is just a matter of time. The R3volution is growing and now. Every once in a while, we - America, humanity - take a giant leap forward. It may seem sudden to some or even all of us. It may seem unexpected. It may seem unbelievable. But the time comes, the stars align, the tipping point is reached, the universe cracks open, and it happens.
This is just such a moment. Look up and see it. Listen and hear it. Be still and let it speak to you. Thank your higher power that you are alive at this moment. Don't be afraid. Be amazed. And then... go forward into a whole new world. For we will never be the same again. We will be better."
The exiting of the 2008 Presidential run by Ron Paul was not the end of liberty, it was merely beginning of recapturing it. I loved watching the video of Ron Paul already campaigning with a head of steam in Houston this past Saturday along with 38 other cities. No media biased will cool this down. No media forcing of Sarah Palin down our throats will veer us off course.
I am saving myself by stopping my own borrowing as I have no confidence in the fiat dollar. The house of cards has unveiled by a true patriot. Be a true patriot and educate America. You might find you have more like-minded thinkers like yourself out there.