September 7, 2022by SchiffGold04
Americans have been laboring under the burden of inflation for well over a year. We feel the pain everywhere, from the gas pump to the grocery store. Once it became impossible to sell the inflation is transitory narrative any longer, the Federal Reserve began raising interest rates to fight inflation. As a result, the bubble economy is getting shaky. But even some people at the Fed seem to realize this is a fight they cant win.
In a talk at the Ron Paul Institute, Mises Institute president Jeff Deist called inflation state-sponsored terrorism.
Inflationism is both a fiscal and monetary regime, but its consequences go far beyond economics. It has profound social, moral, and even civilizational effects. And understanding how it terrorizes us is the task today.
Following is a transcript of Deists talk.
The following article was originally published by the Mises Wire. The opinions expressed are the authors and dont necessarily reflect those of Peter Schiff or SchiffGold.
I. Introduction
Remember the quaint old days of 2019? We were told the US economy was in great shape. Inflation was low, jobs were plentiful, GDP was growing. And frankly, if covid had not come along, there is a pretty good chance Donald Trump would have been reelected.
At an event in 2019, my friend and economist Dr. Bob Murphy said something very interesting about the political schism in this country. He said: If you think America is divided now, what would things look like if the economy was terrible? If we had another crash like 2008?
Well, we might not have to imagine such a scenario much longer.
If you think Americans are divided today, and at each others throatsmetaphorically, but more and more literallyimagine if they were cold and hungry!
Imagine if we had to live through something like Weimer Germany, Argentina in the 1980s, Zimbabwe in the 2000s, or Venezuela and Turkey today? What would our political and social divisions look like then?
Ladies and gentlemen, we live under the tyranny of inflationism. It terrorizes us, either softly or loudly. I suspect it will get a lot louder soon.
As the lateBill Petersonexplained, Inflationism, in todays terms, is deficit-spending, deliberate credit expansion on a national scale, a public policy fallacy of monumental proportions, of creating too much money that chases too few goods. It rests on the money illusion, a widespread confusion between income as a flow of money and income as a flow of goods and servicesa confusion between money and wealth.
Inflationism is both a fiscal and monetary regime, but its consequences go far beyond economics. It has profound social, moral, and even civilizational effects. And understanding how it terrorizes us is the task today.
II. Understanding Inflationism
Ill ask you to consider three things.
First, inflation is a policy.We should make them own it. Inflation is not something beyond our control that comes along periodically like the weather. Our monetary and fiscal regimes actually set out to create it and consider it a good thing. Lets not forgetboth Trump and Biden signed off on covid stimulus bills which combined injected roughly $7 TRILLION dollars directly into the economyeven as actual goods and services were dramatically reduced due to lockdowns. Deflation was the natural order of things in response to a crisis, a bullshit crisis in my view, but still a crisis. So of course Uncle Sam actively attempted to undo the natural desire to spend less and hold more cash during a time of uncertainty.
This $7 trillion was created on thefiscalside of things. It was not new Fed bank reserves exchanged for commercial bank assets as a roundabout monetization of Treasury debt, as we saw with quantitative easing. This was direct stimulus from the Treasury via Congress as express fiscal policy. Free money. This money went straight into the accounts of individuals (stimulus checks), state and local governments, millions of small businesses (PPP [Paycheck Protection Program] loans), the airline industry, and untold earmarks. This was actual cash, and it is being spent. So any economist who tells you todays inflation is somehow a surprise is either charitably misinformed or gaslighting.
This is a policy. Inflation is engineered. The difference between supposedly desirable 2 percent CPI [Consumer Price Index] and very bad, awful, no good 9 percent CPI is only one of degree. The same mindset produces both. But the inflationists insist a little bit of virus is good for us, like a vaccine So an express policy of some inflation is the mechanism to forestalltoo muchinflation. This is a curious position.
Second, inflation is nothing less than sanctioned state terror, and we ought to treat it as such. Its criminal. It makes us live in fear. Inflation is not just an economic issue, but in fact, produces deep cultural and social sickness in any society it touches. It makes business planning and entrepreneurshipwhich rely on profit and loss calculations using money pricesfar more difficult and risky, which means we get less of both. How do you measure money profits when the unit of measurement keeps falling in value? It erodes capital accumulation, the driver of greater productivity and material progress. So inflation destroys both existing wealth and future wealth, which never comes into being and thus diminishes the world our children and grandchildren inhabit. And it makes us poor and vulnerable in our senior years.
After all, saving is for chumps. Current one-year CD rates are below 3 percent, while inflation is at least 9 percent. So youre losing 6 points just by standing still! By the way, the last time official CPI approached double digits, in the early 80s, a one-year CD earned 15 percent. Id like to hear Jerome Powell explain that. By the way, ever since Alan Greenspan began this great experiment of four decades of lower and lower interest rates, guess who hasnt benefited? Poor people and subprime borrowers, who still pay well over 20 percent for their car loans and credit cards.
But here is an unspoken truth: inflation also makes usworse people. It degrades us morally. It almost forces us to choose current consumption over thrift. Economists call this high time preference, preferring material things today at the expense of saving or investing. It makes us live for the present at the expense of the future, the opposite of what all healthy societies do. Capital accumulation over time, the result of profit, saving, and investing, is how we all got here todaya world with almost unimaginable material wealth all around us. Inflationism reverses this.
So this very human impulse, to save for a rainy day and perhaps leave something for your children, is upended. Inflationism is inescapably an antihuman policy.
Third, hyperinflation can happen here. It may not happen, and it may not happen soon. But it might well happen. And even steady 10 percent inflation means prices double roughly every seven years. We can pretend the laws of economics dont apply to the worlds leading superpower, or that the worlds reserve currency is safe from the problems experienced by lesser countries. And its certainly true our reserve currency status insulates us and makes the world need dollars. Governments and industry mostly use US dollars to buy oil from OPEC countries, hence the term petrodollar. Its certainly true governments, central banks, large multinational companies, worldwide investment funds, sovereign wealth funds, and pension funds all hold plenty of US dollarsand thus in a perverse way share our interest in maintaining King Dollar. Its true we dont have easy historical examples of a world reserve currency, like gold, suffering a rapid devaluation across the world (even the Spanish silver devaluation of the 1500 and 1600swas not necessarily causedby a glut in circulating currency). So were in uncharted territory, especially given the fiscal and monetary excesses of the last twenty-five years and especially the last two years. But this only means the potential contagion is greater and more dangerous. The whole world can be sickened at once.
III. A Story: When Money Dies
But as most of you surely know by now, we dont turn the ship around or win hearts and minds simply with logic and facts and airtight arguments. We need stories, or narratives, in todays awful media parlance, to gain influence. We need emotional reactions. So I will suggest a story with plenty of pathos to shake people out of their complacency and sound the warning.
That story isWhen MoneyDies, Adam Fergussons brilliant cautionary account of hyperinflation in Weimar-era Germany. It is the story Americans desperately need to hear today.
Fergussons book should be assigned to central bankers stat (we wonder how many of them know of it). Its not a book about economic policy per seits a story, a historical account of folly and hubris on the part of German politicians and bureaucrats. Its the story of a disaster created by humans who imagined they could overcome markets by monetary fiat. Its a reminder that war and inflation are inextricably linked, that war finance leads nations to economic disaster and sets the stage for authoritarian bellicosity. We think Versailles and reparations created the conditions for Hitlers rise, but without the Reichbanks earlier suspension of its one-third gold reserve requirement in 1914, it seems unlikely Germany would have become a dominant European military power. Without inflationism, Hitler might have been a footnote.
Most of all,When Money Diesis a tale of privation and degradation. Not only for Germans, but also Austrians and Hungarians grappling with their own political upheavals and currency crises in the 1910s and 20s. In a particularly poignant chapter, Fergusson describes the travails of a Viennese widow named Anna Eisenmenger. A friend of mine, @popeofcapitalism on Twitter, sent me her diary from Amazon.
The story starts with her comfortable life as the wife of a doctor and mother to a wonderful daughter and three sons. They are talented and cultured and musical and upper middle class. They even socialize with Archduke Franz Ferdinand and his wife, the Duchess of Hohenberg.
But in May 1914 their happy life is shattered. Ferdinand is assassinated at Sarajevo, and war breaks out. Wars cost money, and the gold standard wisely adopted by Austria-Hungary in 1892 is almost immediately seen as an impediment. So the government predictably begins to issue war bonds in huge numbers, and the central bank fires up the printing presses. This results in a sixteenfold increase in prices just during the war years.
But the human effects are catastrophic, even apart from the war itself.
Frau Eisenmenger is luckier than most Viennese women. She owns small investments which produce modest incomefixed in kronen. Her banker quietly urges her to immediately exchange any funds for Swiss francs. She demurs, as dealing in foreign currency has been made illegal. But soon she realizes he was right. There is probably a lesson here for all of us!
As the war unfolds, she is forced into black markets and pawning assets to procure food for her war-damaged children. Her currency and Austrian bonds become almost worthless. She exchanges her husbands gold watch for potatoes and coal. The downward spiral of her life, marked by hunger and hoarding anything with real value, happens so quickly she barely has time to adjust.
But her misery doesnt stop with the end of the war. On the contrary, the Saint-Germain Treaty in 1919 gives way to a period of hyperinflation: the money supply increases from 12 to 30 billion kronen in 1920, and to about 147 billion kronen at the end of 1921 (does this sound like America 2020, by the way?). By August 1922, consumer prices are fourteen thousand times greater than before the start of the war eight years earlier.
In just a few short years she endures countless tragedies, all made worse by privation, cold, and hunger. Her husband dies. Her daughter contracts tuberculosis and dies, leaving Frau Eisenmenger to take care of her infant daughter and young son. One son goes missing in the war, one son is blinded, and her son-in-law becomes crippled following the loss of both legs. Food and coal are rationed, so her apartment is a miserable hoveland she is forced to dodge searches by the Food Police looking for illegal hoarding. Ultimately, she is shot in the lung by her own Communist son, Karl, in a fit of rage.
There is a haunting and historically accurate silent film about conditions in Vienna during this era calledThe Joyless Street, starring a young Greta Garbo. Her character sees everything deteriorate around her; even her father beats her with his cane for returning home without food. Once friendly neighbors become suspicious of each others stores of bread and cheese, while prostitution becomes rampant. Angry people jostle in line, waiting for the butcher to open; when he does, only the most attractive women receive the scraps of meat available that day. Fistfights become common. Starving children beg for food in front of restaurants and cafes like stray dogs. Everything familiar and beautiful in society becomes degraded and cheapened seemingly overnight.
Like a Stephen King horror movie, something very familiar changes into a strange and menacing place. Your neighborhood takes on a different light. People you thought you knew became malevolent strangers. Scapegoating, blame, and snitching become commonplace.
Is this beginning to sound familiar, especially after Bidens sick speech the other night?
So, next time one of these sociopaths in our political class wants to spend a few trillion more to pay for a green new deal or a war with China or free college, remember Frau Eisenmengers story.
How do we apply this grim historical lesson from the Weimar period to America today? How do we tell this story?
First, we explain inflationism in human terms, to personalize it and de-bamboozle it. Make monetary policy vital and immediate, not boring and dry and technocratic. Again, there are enormous moral and civilization components to monetary policy. Inflation not only harms our economy, it makes us worse people: profligate, shortsighted, lazy, and unconcerned with future generations. Professor Guido Hlsmann literally wrote the book on this. Its calledThe Ethics of Money Production. This is maybe the greatest untold story in America today: the story of not only how the Fed fundamentally shifted our economy from one of production to consumption,but what it did to us as people. Dont let them hide behind complex Fed speak the simple reality: monetary policy is nothing less than criminal theft from future generations, from savers, and from the poorest Americans, who are furthest from the money spigot. The idea that reasonably intelligent laypeople cannot understand monetary policy, that it is too important and complex for anyone but experts, is nonsense. We should expose it.
Second, ridicule the absurd idea that policy can make us richer. More goods and services, produced more and more efficiently, thanks to capitaland thereby creating price deflationmake us richer. Thats the only way. Not by legislative or monetary fiat.
So we should attack any notion of public policy and especially monetary policy. Inflationism creates a fake economy, a make-believe economy,as Axios recently put it. A fake economy depends on enormous levels of ongoing fiscal and monetary intervention. We call this financialization, but we all have a sense that our prosperity is borrowed. We all feel it. Capital markets are degraded: a lot of money moves around without creating any value for anyone. Companies dont necessarily make profits or pay dividends; all that matters to shareholders is selling their stock for capital gains. It always requires a new Ponzi buyer. But we know intuitively this isnt right: consider a restaurant or dry cleaner which operated without profit for years in the hope of selling for a gain years or decades later. Only the distorted incentives created by inflationism make this mindset possible. So down with policywhat we need is sound money!
Finally, let us not fear being accused of hyperbole or alarmism. Let me ask you this: what happens if were wrong, and what happens if theyre wrong? What they are doing, meaning central bankers and national treasuries, is unprecedented. Fake money is infinite, real resources are not. Hyperinflation may not be around the corner or even years away; no one can predict such a thing. But at some point the US economy must create real organic growth if we hope to maintain living standards and avoid an ugly inflationary reality. No amount of monetary or fiscal engineering can take the place of capital accumulation and higher productivity. More money and credit is no substitute for more, better, and cheaper goods and services. Political money cant work, and we should never be afraid to attack it root and branch. We need private money, the only money immune from the inescapable political incentive to vote for things now and pay for them later. If this is radical, so be it.
History shows us how money dies. Yes, it can happen here. Only a fool thinks otherwise.
Call 1-888-GOLD-160 and speak with a Precious Metals Specialist today!
Go here to see the original:
Inflation Is State-Sponsored Terrorism - SchiffGold
- Chuck Baldwin At Paulfest ~ Ron Paul Is "Bigger" Than Ron Paul - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul: Restore the Dollar - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul: We Don't Have To Go Back To The Dark Ages Of Authoritarianism~ Stossel FOX Business News - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul ~ What I'm Talking About Is An "Ideological" Revolution! - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul: The GOP Is "Not My Party" - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- GOP Establishment Declares War on Grassroots Activists - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul: I'll Be Back! - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul Delegates FURIOUS over RNC Betrayal - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul Will NOT Be Silenced! - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Female Robot Censors Ron Paul's Nevada Victory - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- "Ron Paul light" Tribute Video Played at the GOP Convention - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul RNC Tribute Video - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul on NOT Supporting Romney-Ryan Ticket - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- "Republican Officials Clearly Snubbed Ron Paul" - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul's Maine delegates erupt after getting barred from Republican convention. - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul w/ Neil Cavuto ~ I'm Endorsing Peace [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul ~ The Rules Are Being Changed In The Middle Of The Game - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Ron Paul: We Are the Future! - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Paul Ryan's Message to Ron Paul Supporters - Video [Last Updated On: September 7th, 2012] [Originally Added On: September 7th, 2012]
- Local Ron Paul supporter experienced highs, lows of GOP convention [Last Updated On: September 8th, 2012] [Originally Added On: September 8th, 2012]
- Dan Halloran Keeps Up the Good Fight for Ron Paul Supporters [Last Updated On: September 11th, 2012] [Originally Added On: September 11th, 2012]
- Stockman: "Ron Paul Is Right: The Fed, And The Lunatics That Run It, Are The Heart Of The Problem" [Last Updated On: September 11th, 2012] [Originally Added On: September 11th, 2012]
- Ron Paul One Of The Most Corrupt Members Of Congress, Report Finds [Last Updated On: September 12th, 2012] [Originally Added On: September 12th, 2012]
- Why Ron Paul's Campaign Manager Is Now Taking A Job With The GOP Establishment [Last Updated On: September 13th, 2012] [Originally Added On: September 13th, 2012]
- Ron Paul: "Country Should Panic Over Fed's Decision" [Last Updated On: September 14th, 2012] [Originally Added On: September 14th, 2012]
- Ron Paul: We Can't Remake the World with Bribes and Bombs! - Video [Last Updated On: September 22nd, 2012] [Originally Added On: September 22nd, 2012]
- Ron Paul: Foreign Aid Leads to 'More Trouble, More Debt' - Video [Last Updated On: September 25th, 2012] [Originally Added On: September 25th, 2012]
- Johnson: Paul write-in 'meaningless' [Last Updated On: September 27th, 2012] [Originally Added On: September 27th, 2012]
- Ron Paul says interventionist foreign policy undermining U.S. national security [Last Updated On: September 30th, 2012] [Originally Added On: September 30th, 2012]
- At Liberty Conference, Ron Paul Supporters Move Forward [Last Updated On: September 30th, 2012] [Originally Added On: September 30th, 2012]
- Ron Paul camp had busy August [Last Updated On: September 30th, 2012] [Originally Added On: September 30th, 2012]
- WILD CARD - RON PAUL STILL IN RACE REVOLUTION ON - - Video [Last Updated On: September 30th, 2012] [Originally Added On: September 30th, 2012]
- Ron Paul: How the Fed's "Wise Gurus" Devastate America - Video [Last Updated On: September 30th, 2012] [Originally Added On: September 30th, 2012]
- Ron Paul on Cavuto 9/28/12 - Video [Last Updated On: October 1st, 2012] [Originally Added On: October 1st, 2012]
- Ron Paul’s underserved cult [Last Updated On: October 2nd, 2012] [Originally Added On: October 2nd, 2012]
- Ron Paul Supporters Contemplate a Write-in Campaign [Last Updated On: October 2nd, 2012] [Originally Added On: October 2nd, 2012]
- Ron Paul: Why Governments Hate Gold and Love Fiat Money - Video [Last Updated On: October 4th, 2012] [Originally Added On: October 4th, 2012]
- Ron Paul: I Don't Think Romney Will Have an Epiphany - Video [Last Updated On: October 5th, 2012] [Originally Added On: October 5th, 2012]
- The Real Debate: Obama vs. Ron Paul - Video [Last Updated On: October 5th, 2012] [Originally Added On: October 5th, 2012]
- Ron Paul: I Haven't Decided Yet Who I'll Be Voting For - Video [Last Updated On: October 5th, 2012] [Originally Added On: October 5th, 2012]
- Year of changes [Last Updated On: October 6th, 2012] [Originally Added On: October 6th, 2012]
- Ron Paul: The Campaign Continues! We Must Stop the Enemies of Liberty! - Video [Last Updated On: October 6th, 2012] [Originally Added On: October 6th, 2012]
- Political Kombat '12: Romney Vs. Gingrich and Ron Paul - Video [Last Updated On: October 7th, 2012] [Originally Added On: October 7th, 2012]
- Ron Paul Gives His Pre-Debate Analysis - CNBC 10/03/2012 - Video [Last Updated On: October 7th, 2012] [Originally Added On: October 7th, 2012]
- Krugman's MMMF Question [Last Updated On: October 8th, 2012] [Originally Added On: October 8th, 2012]
- Outdoors: Area gunsmith, firearms coach Ron Paul Duning in battle for his life [Last Updated On: October 9th, 2012] [Originally Added On: October 9th, 2012]
- Ron Paul to Appear in New Film About U.S. Economy [Last Updated On: October 10th, 2012] [Originally Added On: October 10th, 2012]
- Ron Paul Won't Endorse Romney, Cites More of Same [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Ron Paul Won't Endorse Romney, Says More of Same [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Ron Paul's district becomes an Election Day fight [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Paul's Texas district becomes Election Day fight [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Ron Paul Sees No Difference Between Mitt Romney and Barack Obama [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Audit the Fed: By Ron Paul, Supported By Mitt Romney and Harry Reid On The Fence: Success Council Slams Harry Reid ... [Last Updated On: October 12th, 2012] [Originally Added On: October 12th, 2012]
- Ron Paul: Forget A 3rd Party, We Need A 2nd Party - Video [Last Updated On: October 15th, 2012] [Originally Added On: October 15th, 2012]
- Ron Paul backs Ted Yoho [Last Updated On: October 15th, 2012] [Originally Added On: October 15th, 2012]
- Ron Paul: 22.8% Real Unemployment! - Video [Last Updated On: October 15th, 2012] [Originally Added On: October 15th, 2012]
- Ron Paul to speak Thursday at UVU [Last Updated On: October 16th, 2012] [Originally Added On: October 16th, 2012]
- Ron Paul Speaks His Mind On The Fed, Fiscal Cliff, And Romney - CNBC's Futures Rundown 10/11/2012 - Video [Last Updated On: October 16th, 2012] [Originally Added On: October 16th, 2012]
- Gold Coin Encourages Americans To Vote For Ron Paul Via Write In [Last Updated On: October 17th, 2012] [Originally Added On: October 17th, 2012]
- Obama, Romney and Federal Reserve independence [Last Updated On: October 17th, 2012] [Originally Added On: October 17th, 2012]
- Ron Paul: A Major Event Could Occur during the Next Administration - Video [Last Updated On: October 17th, 2012] [Originally Added On: October 17th, 2012]
- Casey For Freedom: Continuing The Ron Paul Message In Maine [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul-Inspired Group Lobbies for Bill Prompted by Paul Reimbursements [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Tight race to succeed Ron Paul growing heated [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul and BP Join Fray with Quiet October Surprises [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul given rock star treatment at UVU [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul given rock star treatment by packed crowd at UVU [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul supporters turn out in droves for speech at UVU [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Halloween October 31, 2012 Houston, TEXAS Full Moon GALVANISM - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Reality Check Special: GOP Creating a Shadow Party [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Reality Check: The story behind the Ron Paul newsletters - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Reality Check: The name of a 'Mystery Writer' of one of Ron Paul's 'Racist' newsletters - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul Halloween - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul's Texas Straight Talk 10-29-12 ~ Let The Markets Clear! - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Ron Paul sets fundraising record - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- JEFF FISHER RON PAUL INTERVIEW 2 - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- JEFF FISHER RON PAUL INTERVIEW 1 - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Vote for Ron Paul 2012 Buddy Huggins Did - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- POST, RAG, GLYNN FT. RON PAUL - HITS THE FAN PT. 3 - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]
- Damn, I Was Smart Enough To Get ID - Video [Last Updated On: October 31st, 2012] [Originally Added On: October 31st, 2012]