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Federal Reserve’s Rate Increases: Too Little Too Late?
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The Federal Reserve’s recent 0.75 percent increase in its “benchmark” interest rate is the Fed’s highest rate increase since 1994. This increase is a sign that the Fed has finally realized that price inflation is more persistent and widespread than the Fed initially believed.

Stocks have fallen much lately. This is in part because of fears rate hikes will push the economy into recession. The Fed itself seems to believe that the economy is going to slow down in the near future, as it has reduced its projection of 2.2 percent economic growth in 2022 to 1.7 percent. Even more ominously, the Atlanta Fed’s GDP tracker fell to zero for the second quarter of 2022, due in part to May’s weak retail sales.

The Fed claims it will reduce inflation without significantly increasing unemployment or causing a recession. This is likely to be as accurate as the Fed’s prediction that inflation was “transitory.”

This latest rate increase will only raise rates to where they were before the lockdowns led the Fed to embark on a historic money-creating spree. The Federal Reserve cannot increase rates to anywhere near the level they would be in a free market because doing so would increase interest payments to unsustainable levels for debt-ridden consumers, businesses, and the federal government.

Increases of a couple percent or less in interest rates can cause big increases in federal debt payments. The resulting new spending puts pressure on the supposedly “independent” Fed to maintain low rates, making it more likely the Fed will fail to tame inflation but succeed in resurrecting stagflation, combining price inflation with a recession. This new stagflation will make the 1970s look like a golden era.

Despite the skyrocketing debt and the Fed’s role in creating inflation, there are few in Washington committed to spending cuts. Congress is currently getting ready to authorize an across-the-board spending increase for next year. Meanwhile, the US government is spending tens of billions of dollars this year related to Ukraine, and the Biden administration is still pushing for massive new domestic programs.

The return of stagflation will increase the growing movement to replace the dollar as the world reserve currency. This will be the final nail in the welfare-warfare-fiat money regime’s coffin. History shows that such a crisis usually results in people embracing some form of authoritarianism. However, if those of us who know the truth are effective in spreading the ideas of liberty, this crisis can result in a turning to the principles of minimal government and maximum liberty.

(Republished from The Ron Paul Institute by permission of author or representative)
 
• Category: Economics • Tags: Federal Reserve, Inflation 
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  1. Durruti says:

    the Biden administration is still pushing for massive new domestic programs.

    NO! Not true! [domestic welfare programs, “massive new” name a few.]

    The actual programs the Zionist overlords of our Country are pushing, are here!

    the US government is spending tens of billions of dollars this year related to Ukraine

    This is true.

    Congress is currently getting ready to authorize an across-the-board spending increase for next year.

    You are closer to the truth – here:

    This will be the final nail in the welfare-warfare-fiat money regime’s coffin.

    1. Half the American Government’s budget is composed of maintenance of the Military and 16 ‘Secret’ Agencies. [700+ military bases & torture centers]

    2. American military Finance Complex spending is 2.5 times larger than that of Russia and China combined. The estimated American military budget for 2022, is \$750 Billion. That of Russia, \$65 Billion. And China, \$230 Billion. Both estimates for 2022.

    The ‘welfare’ is for the Oligarch Owners of the Military Financial Complex. Much of our American taxpayer fund\$ are Laundered directly to the Rothschild & other Zionist Oligarchs – by way of their Military Entity. Do you recall your son holding up a copy of the so-called Covid Aid Bill in the Senate, and Opposing its passage?

    https://www.bing.com/ck/a?!&&p=f83bd7cb6e93d9b7403f05207300eca00fc6e7ac216043be35d53223b381b50aJmltdHM9MTY1NTc0MDEwMCZpZ3VpZD1iZjJhZGYxYi05NzAxLTRhNjctYjQ3Zi1kN2YzMjg5MzVkMTcmaW5zaWQ9NTE3MA&ptn=3&fclid=6838b578-f0b0-11ec-a3a0-a1f116523191&u=a1aHR0cHM6Ly9ueXBvc3QuY29tLzIwMjAvMTIvMjIvcmFuZC1wYXVsLWJsYXN0cy1jb3ZpZC0xOS1yZWxpZWYtYmlsbC1vdmVyLWdyb3dpbmctZGVmaWNpdC8&ntb=1

    I am not writing to Lambast our finest Statesman. Once we Restore Our Republic, it will be a great pleasure to watch President Rand Paul fine tune our economy and our LIBERTY. You should be his/our Secretary of State.

    Dr. Peter J. Antonsen – nom de guerre, Durruti

    • Replies: @Durruti
  2. Notsofast says:

    the true purpose of the fed raising rates, is not to fight inflation but to prop up the dollar against the euro and pound. after they smother the e.u. economy by starving it of energy, the u.s. vulture capitalist will move in with freshly printed greenbacks and buy everything for pennies on the dollar, just like they did to russia in the 90’s. after they have accomplished this they will concoct an emergency to return to q.e. and after sucking europe dry the vampire squids will return to u.s. to rinse and repeat.

  3. Durruti says:
    @Durruti

    The Historic weakness of Conservatism, is their lack of application to help the poor, aged, infirm, or mentally ill, in our society. They allow ‘Liberals’ to pretend aid and play politics with millions, who would be better off with a faster growing economy (if they may be allowed to survive long enough to benefit from ‘ending the Fed.’). The Liberal’s pretend empathy for the poor, without a serious opposition from Conservatives, has allowed them to dominate the American electoral/political system.

    Not all welfare, or all Government is bad. There are good some programs and possibilities of small but efficient government. Durruti fought to defend the Elected Spanish Republic, even though his Anarchists had many disagreements with them. The opposition to the Republic were Spain’s Military Falangists (fascists). Try living without Social Security. Try a Government without Police, or a Fire Department, or Public Hospitals, among other examples of necessary societal maintenance.

    This from Jimmy Dore relates to my above point. He discusses the Homeless and how to help them. There are more Homeless in the USA, than in any other country. There’s a First Place that brings no honor to our country. Dore discusses a Finnish program to help the Homeless.

    https://www.bing.com/videos/search?q=jimmy+dore&qpvt=jimmy+dore&view=detail&mid=AFD0C717262EEFB618F1AFD0C717262EEFB618F1&&FORM=VRDGAR&ru=%2Fvideos%2Fsearch%3Fq%3Djimmy%2Bdore%26qpvt%3Djimmy%2Bdore%26FORM%3DVDRE

    • Replies: @Truth Vigilante
  4. Mark G. says:

    If most government debt was long term debt like 30-year bonds, it wouldn’t be a problem but that is not the case. About a third of the debt turns over every year so interest payments on the debt would rapidly rise if interest rates went up. If we had 10% interest rates, we are headed to three trillion dollars a year in interest payments on the thirty trillion-dollar national debt.

    People don’t realize how bad our financial situation is and still argue about whether to cut welfare, the military, Social Security or some other program. We will have less money for everything so everything will see cuts. It won’t just be libertarians who will advocate small government but anyone who accepts reality.

    • Replies: @Jokem
  5. Alrenous says: • Website

    The only correct interest rate is the free-market interest rate.

    Price fixing is bad.

    Centrally planning interest rates is catastrophically bad.

    Of course controlled prices are addictive. The economy becomes dependent on the thing which is killing it. Even tapering between the official 1% rate and the real ~40% rate would likely also be fatal.

    • Agree: Achmed E. Newman
  6. Purple says:

    The problem will never be solved as long as those Luciferians/Freemasons freely live while others are being persecuted and starved to death. Those people need to be arrested and executed from the human race for they are devils in human form.

    For thousand years, nothing had been changed. They are continued to persecute Christ and His sheep. When will Americans wake the hell up and take action? Or they are too braindead because of being brainwashed for so long, now they can’t even raise one arm to protect themselves and their families. What they did to Germany, Russia, and now they do to the USA exactly the same tactic.

    Those Cabals destroyed the world by using Americans as body shields for them and now they are going to finish all AMERICANS WHO WERE SUCKERS FOR THEM FOR CENTURIES LONG. What a say “thank you” card from the Synagogue of Satan.

    Audit them, seize all of their assets here and everywhere else and execute them. Destroy their fake money, fake power, and fake authority for they are not the chosen ones and they are not blessed by GOD but they are the seeds of Satan. They hate God and hate all others who are not like them.

  7. Jokem says:
    @Mark G.

    It won’t just be libertarians who will advocate small government but anyone who accepts reality.

    By then it may be too late.

    • Agree: Adam Smith
  8. @Durruti

    You wrote:

    Not all welfare, or all Government is bad.

    REALITY: ALL Government is bad and most welfare is bad.

    I’m familiar with the Jimmy Dore video and Finland’s solution.

    However, much as I like Jimmy Dore, he doesn’t address WHY so many are homeless in the U.S in the first place.
    The reason that wealth is concentrated in the hands of a few oligarchs is BECAUSE Free Market Capitalism was not allowed to function.
    Crony Corporatism rules the roost in the U.S and GOVERNMENT has enabled a select few to hijack the wealth of the nation.

    The reason Government is ALWAYS bad is because, whenever a certain amount is allocated for some project (say \$10 billion for some ‘poverty fighting’ programme for example), only a few billion actually reaches the coalface and helps those in need.

    MOST of the money is squandered by the parasitic bureaucracy.

    As Peter Schiff’s wise father Irwin used to say:

    Government transfer payments are like giving yourself a blood transfusion from your left arm to your right arm, with half the blood spilled on the floor in the process.

    Now, I’m not a fan of Universal Basic Income (UBI) because it encourages sloth.
    However, it would be FAR more efficient to shut down the vast majority of government and severely defund that little that remained. The money thus saved could be distributed in some form of UBI as follows:

    With the money saved, if you only took HALF OF IT, and divided it equally among the low and medium income households, there would be a KING’S RANSOM available to be spent per household that would ensure NO HOMELESSNESS and NO POVERTY.

    Don’t believe me ? Well here are the figures:

    Let’s say a typical low-medium income household has three individuals (two parents and a kid*).

    (*Of course many have more kids and an extended family may have an elderly grandparent in that household as well. However, there will be some married couple with no kids in the mix and some single individual households that offset that).

    I estimate that there’d be around 50 million such low to middle income households [that are struggling to make ends meet] that average out at three per household.

    Total U.S Federal government revenue per year (generated from income/corporate taxes, tariffs/excises etc) = \$4 trillion (\$4,000,000,000,000).

    Taking only HALF of this leaves \$2 trillion.
    The other half can be used to:
    1) \$1 trillion to sustain what remains of the limited government after ALL UNNECESSARY government departments are culled and the remainder severely defunded
    2) \$1 trillion to Federal debt retirement.

    \$2 trillion divided by the 50 million households = \$ 40,000 per household.

    Of course, if you’re a household of one or two adult persons with no kids, that’s more money than you need (especially if one of more of these adults in the household are also in employment as most will be).
    Perhaps their allocation would be cut to \$20 – \$30K and households with children could get \$50 – \$60K for example.

    Bottom Line: There is MORE THAN ENOUGH MONEY to go around.
    But Government, IN ALL ITS FORMS* is a parasitic leach that needs to be eradicated.

    (*You’ll note that my calculations above are based ONLY on Federal Government income revenue.
    Of course, as you all know, in the U.S there exist local and state governments which are bloated and extract hundreds of billions in revenue in state levied Sales Taxes alone.
    Said income from state and local revenue can ALSO be utilised to subsidise those in need and would likely yield another \$10-\$15K to household income).

    But the solution I outlined above will never be implemented if the Zio cabal has its way.
    Said cabal NEEDS a powerful and well funded bureaucracy to maintain its hold on power and enact laws that enable this Vampire Squid to keep the money funnelling their way.

    ONLY by tackling the root of the problem, ie: bringing down the Zio cabal, will society’s ills ever be addressed.

    Step One should be the confiscation of that tool which enables the Zio cabal to print/digitally create endless trillions with a key stroke, and thus STEAL PURCHASING POWER from the dollars that the working poor need to cover their expenses.
    I refer of course to ownership of the Federal Reserve and other western central banks that this depraved cabal should never have been given control of in the first place.

    Dr Ron Paul knew what had to be done and has been advocating for it for decades: END THE FED.

    • Replies: @Durruti
  9. Durruti says:
    @Truth Vigilante

    Taking only HALF of this leaves \$2 trillion.
    The other half can be used to:
    1) \$1 trillion to sustain what remains of the limited government after ALL UNNECESSARY government departments are culled and the remainder severely defunded
    2) \$1 trillion to Federal debt retirement.

    These suggestions are reasonable. A minimal Government, combined with a funding effort to eliminate the worst aspects of poverty.

    But Government, IN ALL ITS FORMS* is a parasitic leach that needs to be eradicated.

    Here you suggest ending Fire Departments, police, (no Medicare of any kind), Hospitals (specially emergency services), National Park preservation, Biden falling off his bike. And, “eradicate Government “IN ALL ITS FORMS” This suggestion contradicts your other suggestion – above.

    “END THE FED” is possible, but will require the Restoration of our Republic, our Republic which was extinguished, along with our last Constitutional President, John F Kennedy, on November 22, 1963.

    We may not be able to reach a 100% agreement on the exact design of our Restored Republic (assuming you agree with me on the necessity to do this). But we must face this fact:

    Without a Revolutionary Restoration, we may only dream of the wonderful FIXES we may apply to improve our Nation.

    Oh the conundrum! Who is going to Bell the Cat?

    • Replies: @Truth Vigilante
  10. @Durruti

    You wrote:

    Here you suggest ending Fire Departments, police, (no Medicare of any kind), Hospitals (specially emergency services), National Park preservation, Biden falling off his bike. And, “eradicate Government “IN ALL ITS FORMS” This suggestion contradicts your other suggestion – above.

    You’ll notice that I mentioned that the FEDERAL government has \$4 trillion in revenue each year., and that my expenditure breakdown was based on using only HALF of that (\$2 trillion) to fund the remainder of government and some debt retirement.

    Last time I looked, Police and Fire Departments were NOT funded by the Feds.
    Has that changed in the interim ?
    I’m in Australia and hospitals are funded by the individual states and territories.
    I’m led to believe that is also the case in the U.S. (In fact the police and Fire departments are funded by the local governments. ie: counties and cities).
    So nothing would change in that respect.

    Are you aware that in the U.S, there was NO stand alone Federal Dept of Education until 1979 ?

    And Americans got a pretty good education before 1979 I’m told. In fact, since its creation, the U.S has SLIPPED WELL DOWN THE WORLD RANKINGS in literacy, numeracy and the rest.

    You see, Education was a STATE responsibility before that, for the most part.
    Since the creation of the Federal Education department, Americans have DUPLICATION of services.

    This is also true of a lot of other government departments that exist on a state and Federal level.
    It’s just double the number of government parasites for the private sector to sustain.

    I don’t know how much the U.S Federal government spends on National Park preservation but I’d be surprised if the U.S Military-Industrial-Security complex didn’t spend more in a few days than the former has budgeted for an entire year.

    You mention stuff like Medicare BUT, as I’ve demonstrated with my figures, a family that is entitled to \$50-\$60K from some form of UBI ( and said family may well have one or more employed persons supplementing that with additional income), is now in a position to pay for health insurance themselves.
    NOT the ridiculously expensive health insurance that Americans pay now that, due to government intervention has been made exorbitantly expensive.
    In a DEREGULATED environment health insurance would be a fraction of what it presently is in your country.
    Take my country Australia for example. You can get health insurance for a family of four for around AUD \$5K (around USD \$3500).

    NO, that’s not the monthly insurance premium – that figure above is for a FULL YEAR of coverage.

    And it can be that way in the U.S – ONCE THE GOVERNMENT GETS OUT OF THE WAY.

    Whenever government gets involved, with the delivery of ANY service, costs go up and quality goes down.
    To the extent that much of the U.S healthcare infrastructure is in private hands, said private entities have COLLUDED with government to legislate sweetheart deals that enrich the private benefactors, prevent competition that lowers prices and entrenches monopolies and high margins.

    That is NOT a Free Market that you have.

    Just ask Dr Ron Paul himself. He’ll tell you that when he first started his practice as a physician in the early 60’s, government had not stuck its nose where it didn’t belong and health insurance was affordable for the working class.

    • Agree: Achmed E. Newman
    • Replies: @Durruti
  11. Durruti says:
    @Truth Vigilante

    Last time I looked, Police and Fire Departments were NOT funded by the Feds.
    Has that changed in the interim ?

    That is true. In my brief comment, I was generalizing for ALL government (Federal, State, City, & County). All branches of government serve the same masters.

    If your FIX improves the standard of living to the level – that all, or almost all may afford medical insurance, (among other vital necessities), then that may work.

    The Key question remains, & is not referred to by you, or the Pauls (although in their own way, they, as with Robert Kennedy, have tried to Restore the Republic), is just how we may Bell the Cat?</b

    Revolution, as that which began for America in Lexington & Concord, is as difficult to refer to, as it is to identify Zionism, and our Rothschild Oligarch Zionist Masters.

    The question, the Duty must be faced. Just how do we Bell the Cat? Without answering and Resolving in Action that question, that Roadblock, our Human History, specially that of America, will not progress.

    • Replies: @Jokem
    , @Truth Vigilante
  12. Jokem says:
    @Durruti

    Actually, if you count the marshals service, and other law enforcement departments, police are Federally funded. If you count FEMA, then fire responses are also federally funded.

    • Replies: @Durruti
    , @Truth Vigilante
  13. Durruti says:
    @Jokem

    Actually, if you count the marshals service, and other law enforcement departments, police are Federally funded. If you count FEMA, then fire responses are also federally funded.

    Good point.

  14. @Jokem

    Joker writes:

    If you count FEMA, then fire responses are also federally funded.

    We all saw how well FEMA functioned in the aftermath of Hurricane Katrina in New Orleans.
    ie: money flushed down a shit-hole.

    So actually … a BAD point.

    • Agree: Achmed E. Newman
    • Replies: @Jokem
    , @Durruti
  15. @Durruti

    The question, the Duty must be faced. Just how do we Bell the Cat?

    A big step towards destabilising the Zio cabal would be ENDING THE FED.

    The confiscation of the Federal Reserve, that endless River of Riches whereby the Zionist Usury Banking Cartel can print/digitally create trillions with a key stroke, is the first CRUCIAL step to bringing them down.
    Concurrent to that the Zio cabal’s ownership or control of the other western central banks should be removed.

    Failing that, the break up of the U.S through secession should be brought about.
    If economically viable and productive states like Florida, Texas and a few others should secede, the other parasitic blue states would implode and thus form the basis for the dismantling of the Anglo Zionist empire.

    In terms of a fast track solution, the only viable option is that, in the case of those military personnel that have sworn an oath to the constitution, that they do so and conduct a military coup that overthrows the existing system.
    Unfortunately, your so-called ‘warriors’ in the military are anything but, and have been too gutless to take the matter into their own hands.

  16. Jokem says:
    @Truth Vigilante

    I was not commenting on the effectiveness of FEMA, simple that is is Federally funded.

    If you continue to refer to me a Joker, keep in mind I can come up with a variant moniker for you also.

  17. Durruti says:
    @Truth Vigilante

    We all saw how well FEMA functioned in the aftermath of Hurricane Katrina in New Orleans.
    ie: money flushed down a shit-hole.

    So actually … a BAD point.

    No. Incompetent, and, or, Corrupt (and FEMA is all of that), does not invalidate Jokem’s point, (his connecting FEMA as a part of the Federal Government). That is a GOOD – accurate point.

    Actually, we all appear to agree – mostly.

    But the point of how we attain the POWER we need to defeat our Foreign & Domestic (and all well armed, MOSSAD, CIA, etc., with entertainment included, the Media, Hollywood), Oligarch Slavemasters, is left undiscussed.

    Once Again: How do we Bell the Cat? So that we may be Free To restore our liberties and fix our economy? And get Senator Rand Paul elected as our first Constitutional President, since John F Kennedy? I’m waiting for your answers.

    • Replies: @Jokem
  18. Jokem says:
    @Durruti

    No. Incompetent, and, or, Corrupt (and FEMA is all of that), does not invalidate Jokem’s point, (his connecting FEMA as a part of the Federal Government). That is a GOOD – accurate point.

    Keep in mind Truth Vigilante has some sort of a grudge vs me, so expect no matter what I say, Truth Vigilante will somehow manage to twist it into something disagreeable.

    • Replies: @Durruti
  19. @Jokem

    You write:

    I was not commenting on the effectiveness of FEMA, simple that is is Federally funded.

    The whole thrust of my earlier argument is that most U.S Federal government departments can EASILY be abolished and the American people, in nett terms, will be FAR better off.

    But then Durruti comes back with: ‘Oh, what about National Park preservation and such’.

    So I responded with YET ANOTHER EXAMPLE [FEMA] of a Federally funded entity that not only provides no benefit, but actually makes life DEMONSTRABLY WORSE for Americans.
    I could add DHS, CIA, FBI and other three letter agencies to the mix.

    Also, in another comment your paranoia comes to the fore when you say this:

    Truth Vigilante has some sort of a grudge vs me, so expect no matter what I say, [he] will somehow manage to twist it into something disagreeable.

    Not true.

    When you write something that is at odds with economic reality, when you post something that does not jibe with the facts, I will punch holes in your argument.
    I do not show favouritism in that regard.

    The fact is I’m a lot easier on you that I am on many others.
    You may get it wrong from time to time but I believe you’re sincere and making said assertions in good faith.

    Meanwhile, there are more than few Zio apologists in the UR commentariat that purposely obfuscate, peddle lies and disinformation.
    These are miscreant sayanim that do what they do with malice aforethought.

    And when they engage in their misdirection, I come down hard on them. Commenters like Corvinus, John Johnson, Meamjojo (aka Me_Am_ju_ju), Been_There_Dung_That and quite a few others.

    So I assure you, nothing personal in my responses to you.
    Needless to say, I’m not above criticism. If I get it wrong, I welcome your input and that of others because I don’t want to have a fixation with an untruth.
    The sooner that said wrong belief is purged, the better – and I’ll thank you for setting me straight.

    • Replies: @Jokem
  20. @Jokem

    I was hasty in agreeing with T.V.’s comment, as, indeed, you weren’t commenting on their effectiveness. However, my problem with your comment is what I’ll FFY below:

    Actually, if you count the marshals service, and other law enforcement departments, some police are Federally funded. If you count FEMA, then some fire responses are also federally funded.

    I don’t see how this comment bolsters any argument against T.V.’s writing though.

    Mr. Vigilante’s comment here* says it all, especially about healthcare.

    .

    * #10. I’d use the number alone, but on some of the threads here, where moderation is not on a quick timetable, the numbers may change. (They stay in time order, but moderated comments will get interspersed among those whose post immediately.)

    • Replies: @Jokem
  21. Durruti says:
    @Jokem

    Keep in mind Truth Vigilante has some sort of a grudge vs me, so expect no matter what I say, Truth Vigilante will somehow manage to twist it into something disagreeable.

    Truth Vigilante, Behave yourself! As Red Green says, “We are all in this together.”

  22. Cowboy says:

    “Total U.S Federal government revenue per year”

    May I suggest the first course of action is to be more precise in our language that better reflects reality so that the full effect of the corruption is better understood. So instead of “revenue” we use terms like “kleptocratic plunder”. The governmental theft of it’s citizens wealth is in no way legitimate income produced.

    • Agree: Truth Vigilante
  23. Jokem says:
    @Achmed E. Newman

    Last time I looked, Police and Fire Departments were NOT funded by the Feds.
    Has that changed in the interim ?

    I simply pointed out there ARE federally funded Police and Fire agencies. They aren’t CALLED Police or Fire Departments, but they serve a similar function. This is a fact contrary to what T.V. posted.
    T.V. seems really fond of ‘getting it right’, and here he ‘got it wrong’. So I do not see how declaring a fact directly contrary to what T.V. posted fits with this?

    I don’t see how this comment bolsters any argument against T.V.’s writing though.

    The fact of the matter is, local police (and maybe firemen) get federal funding for different purposes.
    Whether that is a good thing or not is a matter of debate, but it is a fact.

    • Replies: @Truth Vigilante
  24. Jokem says:
    @Truth Vigilante

    So calling me Joker repeatedly when I said I dislike it does not qualify as a grudge?

    Also, in another comment your paranoia comes to the fore when you say this:

    Calling me paranoid was intended as praise?

    When I pointed out there are police and fire agencies federally funded when you said they were not is an example of this –

    If I get it wrong, I welcome your input and that of others because I don’t want to have a fixation with an untruth.
    The sooner that said wrong belief is purged, the better – and I’ll thank you for setting me straight.

  25. @Jokem

    The fact of the matter is, local police (and maybe firemen) get federal funding for different purposes.

    Whether local police or firemen get some minuscule portion of their funding from the Feds or not is neither here nor there.
    The fact is they get the BULK of their funding from state and local sources.

    So if the Fed funding dried up for whatever reason, there would be a negligible difference in the final analysis*.

    (*In fact, to the extent that police forces are getting militarised weaponry like army surplus armoured personnel carriers and stuff that should only be used on the battlefield against a professional army, I suspect that withdrawal of Fed funding would result in a less aggressive police force that would be less likely to infringe on civil liberties and beat up its citizenry to a pulp).

    • Replies: @Jokem
  26. Jokem says:
    @Truth Vigilante

    How miniscule the Fed funding is can only be backed up by statistics. I simply do not have the time or resources to research that. I suspect the funding comes from a variety of different sources which would be a daunting project just to identify them all, much less how much from each source.

    I do not like the idea of the police using military equipment against civilians, but the fact of the matter is, the criminal element manages to obtain weaponry which would overwhelm the police, unless the police have this enhanced firepower.

    Certainly, going back to being a Republic and a nation of laws would go a long way to resolve this, but I don’t think that is realistic at this point.

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