 The Korelin Economics Report
The Most Misunderstood
Gold Bug of All Time
Al Korelin
www.kereport.com
Jun 30, 2007
 A number of years ago, I met Congressman
Ron Paul of Texas in his Washington D.C. office. The Congressman
had appeared on our radio program a number of times prior to
that so I was familiar with his philosophy about the direction
in which the United States was headed. After we talked, he introduced
me to Judge Andrew Napolitano who is currently the Senior Judicial
News Analyst for Fox News Channel. My family and I then listened
to a presentation given by Judge Napolitano to a group of us
in which he discussed his reasons for believing that the United
States was moving dangerously away the Constitutional basis on
which it was founded.
Congressman Paul agrees with
Judge Napolitano and has based his campaign for the Republican
nomination of the President of the United States on his notion
that the federal government is disregarding the Constitution
and that this practice must be stopped.
Unfortunately, the vast majority
of Americans do not understand Congressman Paul's views. It is
my contention that this is because he is unfairly being labeled
as a radical extremist.
Two glaring examples are the
pictures being painted of him regarding his views on gold and
his views on patriotism.
Regarding the belief by most
Americans that Congressman Paul believes that the United States
should immediately return to a gold-based currency, nothing could
be farther from the truth. On The Korelin Economics Report, Congressman
Paul stated that returning to a gold standard overnight would
be impossible for the United States. What he is on record as
saying is that he believes that the fiat currencies in existence
today will ultimately fail as they always have in the past. He
feels that only those economies with an asset-based currency
can prosper for an extended period of time with the wealth being
distributed equitably among the citizens.
Regarding his patriotism, witness
the initial debate among Republican candidate hopefuls. During
that debate, former New York mayor Rudy Giulani responded to
the Congressman's statement that many people believed that the
motive behind the terrorist attack on the World Trade Center
was actually prior U.S. actions in the Middle East. Mayor Giulani
indignantly played the "patriot card" and demanded
that Congressman Paul retract his statement. As a point of fact,
the Congressman's statement was based on two paragraphs in the
CIA Report the subject of which was the 9/11 attack. The millions
of people who watched this particular debate were never made
aware of where the congressman obtained his information supporting
this statement.
If you want to hear exactly
what Congressman Ron Paul believes, with no editing whatsoever,
go to www.kereport.com and watch
the complete interview with Congressman Ron Paul. You will
hear his philosophy with absolutely nothing left out.
Al Korelin
email: alkorelin@comcast.net
website: www.kereport.com
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