I write this morning to respond to untrue claims by certain Christian leaders that Dr. Ron Paul is “anti-Israel“. For the record, I am a blood-washed, born-again, church-going Christian and no one is more pro-Israel than I am.
Our Foreign & Monetary Policies Imperil Israel
Perhaps you don’t keep up with current events. Recently, our national debt exceeded our gross domestic product. Current stock markets give the appearance of a robust economy, but such is not the case: the stock market rally is the product of “quantitative easing”, a fancy term for “printing fiat currency”.
Dr. Ron Paul has been warning Americans for years that fiat currency will be our undoing. Early this week, Ben Bernanke sat before Paul’s House committee where Ron Paul spoke about this issue directly with Bernanke. Later, Ben Bernanke admitted to Congress and the national media that “there’s going to be a massive fiscal cliff of large spending cuts and tax increases”.
While America continues to stay in business, Israel is relatively safe. If, or when, we go over that “massive fiscal cliff“, Israel’s enemies will know they can attack her without our intervention.
The Great Depression of the thirties was a horrific experience for our people. Over 7,000,000 Americans died of starvation and malnutrition.
Preceding the Great Depression, Congress created the Federal Reserve System, a “private” bank of the bankers, by the bankers and for the bankers – member banks own it, not the people. Ben Bernanke has stated, as a matter of fact, that the stock market crash and subsequent Great Depression were caused by “tight money” policies instituted by the Federal Reserve Bank. Preceding the Depression, interest rates were low. Paper money and coins were redeemable in gold or silver. Low interest rates means the value of a currency cannot increase, can’t hold its value – what is the current Fed policy?
In order to uphold, preserve the value of currency, the Fed started raising interest rates. As rates rose, businesses could not afford to borrow, leading to growing unemployment. Less spending money meant people bought less and almost no one was saving, because of low interest rates. People, those who could afford to do so, purchased gold to hedge against inflation, but in 1933 FDR stopped minting gold coins and paper money could no longer be redeemed in gold or silver. In fact, citizens could no longer own gold – gold ownership became unlawful. The Founding Fathers knew why sound money was important, hence Article I, Section 10.
Our situation today mirrors the situation of 1929. And, there is this other vulnerability: foreign oil.
In October 1973, while I was working in the aerospace industry, supporting the C-5 Galaxy program, OPEC declared an oil embargo against the U.S. Our so-called friends – Japan and European nations – turned their backs on us. My small role contributed to “Operation Nickel Grass”, the airlift that saved Israel. OPEC used the power of the embargo to punish us for our support of Israel during the Yom Kippur War of 1973.
At the time of the embargo, we imported about 25% of our oil from OPEC nations. Today we import about 50%.
Ron Paul opposes ethanol subsidies, supports use of native coal supplies and he strongly supports domestic oil drilling. In summary, Ron Paul is for a sound currency and energy independence.
A strong America is a natural ally for Israel. An America in financial collapse is a liability to Israel.
The world knows America will always be an ally of Israel – if we don’t turn out the lights and close up shop. Financial collapse in this country will embolden Israel’s enemies to fulfill the jihadists’ dream of wiping Israel off the world map.
Forgive Me Father for I Have Sinned
I must confess. I played a little trick on my Facebook “friends” who line up in support of either Rick Santorum or Mitt Romney. This is what I did. I posted on Facebook photos of the two presumed Republican “front runners” with Ron Paul quotes below the pictures and attributed Dr. Paul’s statements to Santorum and Romney. Can you guess how the Santorum supporters reacted? They enthusiastically “liked” it.