The First Ever Ron Paul Internet Post from March 1985 was on "Bank runs etc."

The First Ever Ron Paul Internet Post from March 1985 was on "Bank runs etc".
NationBuilder, 10/7/08

Why is it the FBI, SEC and the Federal Reserve cannot "connect the dots" mere months before the US financial collapse but Ron Paul could in 1981 during the Presidential Reagan's Gold Commission? The result of the Commission was Ron Paul's and Lewis Lehrman's legendary book "The Case for Gold" [free PDF].

And now the first ever Ron Paul Internet Post-

Date: Thu, 28 Mar 1985 17:21 EST
From: Dean Sutherland
Subject: Bank runs etc.

Those of you who have followed the Ohio Svaings and Loan closings may be interested in the following.

For an excellent history of banking in the United States (with examples from other countries) read "The Case For Gold" by Rep. Ron Paul and Lewis Lehrman. The book is the minority report of the US Gold commission of a few years ago. The authors purpose in writing the book was to convince the congress that the US should be on a hard money standard.

Although their arguments on that front are not entirely convincing (ie. they did not win me over to their position without reservation), their history of banking and monetary policy will take what you thought you knew and set it on its ear. Since what they had to say disagreed completely with what I learned in school, I did a fair amount of extra reading on the subject and discovered that their facts (and probably their interpretation) are entirely correct.

All in all a good read.

Dean F. Sutherland

------------------

ABC's Brian Ross needs to investigate the Federal Reserve-