Ron Paul: US Should Legalize Competing Currencies Now

I recently held a hearing in my congressional subcommittee on the subject of competing currencies. This is an issue of enormous importance, but unfortunately few Americans understand how the Federal Reserve and Treasury Department impose a strict monopoly on money in America.

This monopoly is maintained using federal counterfeiting laws, which is a bit rich. If any organization is guilty of counterfeiting dollars, it is our own Treasury. But those who dare to challenge federal legal tender laws by circulating competing currencies– at least physical currencies– risk going to prison.

Like all government created monopolies, the federal monopoly on money results in substandard product in the form of our ever-depreciating dollars.

Yet governments have always sought to monopolize the issuance of money, either directly or through the creation of central banks. The expanding role of the Federal Reserve in the 20th century enabled our federal government to grow wildly larger than would have been possible otherwise. Our Fed, like all central banks, encourages deficits by effectively monetizing Treasury debt. But the price we pay is the terrible and ongoing debasement of our money.

Allowing individuals and business to use alternate currencies, especially currencies backed by gold and silver, would expose the whole rotten system because the marketplace would prefer such alternate currencies unless and until the Fed suddenly imposed radical discipline on its dollar inflation.

Sadly, Americans are far less free than many others around the world when it comes to protecting themselves against the rapidly depreciating US dollar. Mexican workers can set up accounts denominated in ounces of silver and take tax-free delivery of that silver whenever they want. In Singapore and other Asian countries, individuals can set up bank accounts denominated in gold and silver. Debit cards can be linked to gold and silver accounts so that customers can use gold and silver to make point of sale transactions, a service which is only available to non-Americans.

The obvious solution is to legalize monetary freedom and allow the circulation of parallel and competing currencies. There is no reason why Americans should not be able to transact, save, and invest using the currency of their choosing. They should be free to use gold, silver, or other currencies with no legal restrictions or punitive taxation standing in the way. Restoring the monetary system envisioned by the Constitution is the only way to ensure the economic security of the American people.

Read more from this story HERE.

West Nile virus outbreak in Texas kills 17, Dallas mayor declares “state of emergency”

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West Nile virus kills 17 in Texas, sickens hundreds

By AFP.  The US state of Texas is battling an outbreak of the West Nile virus, with 17 deaths being blamed on the mosquito-borne disease, authorities said Wednesday.

Throughout the state, 381 people have been sickened since the start of the year, according to the Texas Department of State Health Services.

“Texas is on track to have the most cases of West Nile illness since the disease first emerged in the state in 2002,” it said in a statement.

The county incorporating Dallas, the ninth-largest city in the United States, has been the hardest hit, prompting the mayor to declare a local state of disaster.

“The City of Dallas is experiencing a widespread outbreak of mosquito-borne West Nile virus and has caused and appears likely to continue to cause widespread and severe illness and loss of life,” Mayor Michael Rawlings said in the proclamation of emergency that takes effect Wednesday.  Read more from this story HERE.

Dallas Mayor declares state of emergency, orders aerial spraying for first time in almost 50 years

By Sarah Kutah.  Dallas Mayor Mike Rawlings on Wednesday declared the city’s recent West Nile virus outbreak to be a state of emergency and authorized the first aerial spraying of insecticide in the city in more than 45 years.

Dallas and other North Texas cities have agreed to the rare use of aerial spraying from planes to combat the nation’s worst outbreak of West Nile virus so far this year. Dallas last had aerial spraying in 1966, when more than a dozen deaths were blamed on encephalitis.

More than 200 cases of West Nile and 10 deaths linked to the virus have been reported across Dallas County, where officials authorized aerial spraying last week. State health department statistics show 381 cases and 16 deaths related to West Nile statewide.

“The number of cases, the number of deaths are remarkable, and we need to sit up and take notice,” Rawlings said during a city council briefing. “We do have a serious problem right now.”

Aerial spraying for mosquitoes could begin Thursday evening, depending on weather conditions. The state health department, which will pay for the $500,000 aerial spraying with emergency funds, has a contract with national spraying company Clarke. Clarke officials have said two to five planes will be used in Dallas County.  Read more from this story HERE.

Prepping to fight Shell Oil production: Biologists commence study of Chukchi Sea life

Photo credit: thomas toohey brown

A group of researchers has embarked on the first comprehensive study of marine life in the eastern Chukchi Sea near Alaska. Their findings will be used by the Department of the Interior to help decide whether to grant future leases for offshore oil exploration and drilling in the region, and to regulate transportation and future fishing.

“We are going up there to look at the oceanography, plankton, fish and crab in the region,” said Michael Sigler, a marine biologist with the National Oceanic and Atmospheric Administration’s fisheries service in Alaska.

Little baseline data has been collected in the region, which is currently little-trafficked and fished due to its remoteness and its ice-choked waters. As ice cover throughout the Arctic decreases, however, these pursuits are likely to increase.

Although surveys have been conducted in both the Beaufort and Chukchi seas since 1959, U.S. fishery research in the Arctic has been infrequent and limited in scope, according to a statement from NOAA. A similarly comprehensive survey of the northern Bering Sea was not conducted until 2010. [Images: Creatures of the Bering Sea]

The new study is primarily meant to gather data for scientists and to avoid negative impacts of oil exploration in the region, Sigler told OurAmazingPlanet. (Royal Dutch Shell has been granted a lease to drill exploratory wells in the area, and the company hopes to begin in the next few weeks, according to the Reuters news service.)

Read more from this story HERE.

Normalizing the unthinkable: RFID implants begin in Washington (+video)

Photo credit: Forbes.com

Amal Graafstra snaps on a pair of black rubber gloves. “Do you want to talk about pain management techniques?” he asks. The bearded systems administrator across the table, who requested I call him “Andrew,” has paid Grafstra $30 to have a radio-frequency identification (RFID) chip injected into the space between his thumb and pointer finger, and as Graafstra describes Lamaze-type breathing methods, Andrew looks remarkably untroubled, in spite of the intimidatingly high-gauge syringe sitting on the table between them.

Graafstra finishes his pain talk, fishes a tiny cylindrical two-millimeter diameter EM4012 RFID chip out of a tin of isopropyl alcohol, and drops it into the syringe’s end, replacing the RFID tag intended for pets that came with the injection kit. He swabs Andrew’s hand with iodine, carefully pinches and pulls up a fold of skin on the top of his hand to create a tent of flesh, and with the other hand slides the syringe into the subcutaneous layer known as the fascia, just below the surface.

Then he plunges the plastic handle and withdraws the needle. A small crowd of onlookers applauds. The first subject of the day has been successfully chipped.

Over the course of the weekend, Andrew would be one of eight people to undergo the RFID implantation among the 500 or so attendees of Toorcamp, a hacker conference and retreat near the northwest corner of Washington State. Graafstra’s “implantation station” was set up in the open air: Any camper willing to spend $30 and sign a liability waiver could have the implantation performed, and after the excitement of Andrew’s injection, a small line formed to be next.

And why volunteer to be injected with a chip that responds to radio signals with a unique identifier, a procedure typically reserved for tracking pets and livestock? “I thought it would be cool,” says Andrew, when we speak at a picnic table a few minutes after his injection. (The pain, he tells me, was only a short pinch, followed by a “weird feeling of a foreign body sliding into my hand.”)

Read more from this story HERE.

Ballot Measure 2: ‘Wolf in Sheep’s Clothing’

 

Photo credit: bdearth

Alaskans will find a ‘wolf in sheep’s clothing’ at the voting booth on August 28th. Ballot Measure 2, the ‘Alaska Coastal Zone Management Program’ (ACZMP) is bad for Alaska!

State versus Federal control is how Ballot Measure 2 is being marketed, but if Alaskans adopt this highly flawed and convoluted Coastal Management Program, who actually gains control?

Measure 2’s sponsor, deceptively named the ”Alaska Sea Party,” argues for state control but their ACZMP is simply an extension of Federal anti-development laws, so what difference would that make? Most conservatives would agree conceptually with state control, but serious problems are presented by this 700+ word initiative, the longest and most complex ever to go before the Alaskan voters.

The Juneau-based Alaska Sea Party’s initiative is advertised as an expanded version of the prior sunsetted Coastal Management Program but really bears little resemblance to it (more on this later). This new version accommodates special interests and adds additional layers of unnecessary bureaucracy to an already complex permitting process — more red tape to effectively delay or prevent permitting for many projects beneficial to Alaskans. But this is just the tip of the iceberg.

The initiative creates the ‘Alaska Coastal Policy Board,’ consisting of thirteen Governor-appointed members, nine nominated from coastal regions and 4 from state agencies. This may sound reasonable until you realize that veto-proof control would be in the hands of powerful unelected board members unaccountable to the voters. Furthermore, board members would not be required to have any technical or permitting knowledge; rather, they are simply “nominated” by region. ‘Representation’ on the Alaska Coastal Policy Board would result in only two board members voting for three quarters of our state’s population. Or put another way, an overwhelming majority of the board members voting would represent only one quarter of Alaska’s population.

This power shift is made crystal clear when you realize that Anchorage and the Mat-Su combined get one single vote. Nome and its neighboring villages also get one vote. Fairbanks and the Interior get zero votes. But this new board has broad new statewide powers to set statewide resource development policy, even though it would be controlled by a minority of the state’s population. Out-of-control big government and special interest politics is ripening on the vine in the form of Ballot Measure 2.

So what’s the history behind the initiative? In 1972, Congress attempted to address the challenge of continued growth in coastal zones by passing the Coastal Zone Management Act. The Act was administered by NOAA’s Office of Ocean and Coastal Resource Management. In 1977, Congress approved Alaska’s first Coastal Zone Management Program. In 2003, the Murkowski Administration pushed through major reforms and added a sunset date to the program. This required the Legislature to either amend or re-authorize the (ACZMP). The program expired in 2011 after a failed compromise advanced by Democrats was rejected by Governor Parnell. Ballot Measure 2 is being pushed in the wake of Legislative inaction, and closely mirrors the legislation advanced by Democrats in June 2011.

The bottom line is that we can and must do better for our children’s future. A Coastal Management Program must be constructed fairly and clearly in order to truly benefit the people of Alaska. We must not paint ourselves into a corner by passing this initiative. Remember, initiatives such as Ballot Measure 2 are veto-proof for two years and are virtually impossible to amend. Measure 2 is bad law and must be rejected by voting No on 2, August 28th.

Video: Romney taunts China over moon landing, Olympic medals

In this humorous speech at a campaign stop this week, Romney taunted China over the US’s medal count and moon landing.

Probing Obama: Russian sub moves undetected in Gulf of Mexico for a month

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A Russian nuclear-powered attack submarine armed with long-range cruise missiles operated undetected in the Gulf of Mexico for several weeks and its travel in strategic U.S. waters was only confirmed after it left the region, the Washington Free Beacon has learned.

It is only the second time since 2009 that a Russian attack submarine has patrolled so close to U.S. shores.

The stealth underwater incursion in the Gulf took place at the same time Russian strategic bombers made incursions into restricted U.S. airspace near Alaska and California in June and July, and highlights a growing military assertiveness by Moscow.

The submarine patrol also exposed what U.S. officials said were deficiencies in U.S. anti-submarine warfare capabilities—forces that are facing cuts under the Obama administration’s plan to reduce defense spending by $487 billion over the next 10 years.

The Navy is in charge of detecting submarines, especially those that sail near U.S. nuclear missile submarines, and uses undersea sensors and satellites to locate and track them.

Read more from this story HERE.

Romney calls Obama ‘angry and desperate,’ but still won’t ask for college records

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Mitt Romney lashed out at President Obama with some of the harshest rhetoric of his campaign at a Tuesday night rally here, accusing Obama of leveling “wild and reckless accusations that disgrace the office of the presidency.”

The already divisive presidential contest took on an even uglier tone after Romney seized on the latest campaign-trail skirmish — a comment at a Virginia rally by Vice President Biden that Romney’s plans to loosen Wall Street regulations would “put y’all back in chains” — to go after his opponents.

“This is what an angry and desperate presidency looks like. President Obama knows better, promised better, and America deserves better,” Romney told a roaring crowd of about 5,000 supporters in Chillicothe. “His campaign strategy is to smash America apart and then try to cobble together 51 percent of the pieces. If an American president wins that way, we all lose.”

Romney added, “Mr. President, take your campaign of division and anger and hate back to Chicago and let us get about rebuilding and reuniting America.”

Throughout the summer, Romney has taken umbrage at the tone of the Democratic advertising barrage, but this week he ratcheted up his criticism. He and his advisers wrote much of the speech Tuesday on his campaign bus riding between stops in Ohio.

Read more from this story HERE.

Videos: Biden’s recent comments lead Giuliani to ask if he’s too dumb to be president

Biden is on a roll.  Today, he apparently forgot that he was in Virginia rather than North Carolina:

Then, he asserts that Republicans will put people “back in chains”:

That leads Giuliani to say that Biden might be too dumb to be president:

Of course, Biden can’t compare to Ryan. The GOP candidate for VP doesn’t even need a teleprompter:

Federal Appellate Court: No warrant needed to track you in real time by your cell phone

Photo credit: from_ko

A federal appeals court ruled on Tuesday that police do not need a warrant to track the location of a suspect’s phone.

The United States Court of Appeals for the Sixth Circuit ruled that the Drug Enforcement Administration did not violate the constitutional rights of Melvin Skinner when they collected his phone’s GPS data.

DEA agents tracked Skinner’s pay-as-you-go phone as he transported drugs between Arizona and Tennessee. They arrested him at a rest stop in Texas with a motorhome filled with more than 1,100 pounds of marijuana.

Skinner’s lawyers argued that the police violated his Fourth Amendment right against unreasonable searches by collecting his phone’s GPS data without first obtaining a warrant.

But the appeals court ruled that Skinner has no reasonable expectation of privacy for his cellphone’s location data.

Read more from this story HERE.