Ron Paul: Iran War Could Break Dollar

Listen as Ron Paul explains the danger that the dollar could be pushed passed its breaking point by any war the U.S. might start with Iran.

Author: Scott Horton

Scott Horton is editorial director of Antiwar.com, director of the Libertarian Institute, host of Antiwar Radio on Pacifica, 90.7 FM KPFK in Los Angeles, California and podcasts the Scott Horton Show from ScottHorton.org. He’s the author of the 2017 book, Fool’s Errand: Time to End the War in Afghanistan and editor of The Great Ron Paul: The Scott Horton Show Interviews 2004–2019. He’s conducted more than 5,000 interviews since 2003. Scott lives in Austin, Texas with his wife, investigative reporter Larisa Alexandrovna Horton. He is a fan of, but no relation to the lawyer from Harper’s. Scott’s Twitter, YouTube, Patreon.

27 thoughts on “Ron Paul: Iran War Could Break Dollar”

  1. or a least whitewash what appearently turns out to be an instrament of control (weapon in msm double speak)$$ that is, rather than a device of conveinyeince (and or ve sa vu)(the economy stupid)that was obviosly in the state, act, or motion of warping itself right out style (voluntarily)after all we",i,U,us,my,me,me,me, owe the communist that much , at least ,if not more,,,how much for the children,planet of the apes or bust, wee haaa

  2. In a story linked on antiwar.com's home page, 61% of Americans want an attack on Iran. You really can fool some of the people all of the time. Unfortunately, they are the majority of Americans.

    1. Walter Lipmann in helping Woodrow Wilson sell the public on entering World War I believed the public, while somewhat intelligent on an individual basis, could be easily fooled as a group. He was right then and he's still right for today's public.

    2. I seriously wonder what poll(s) this figure was taken from. While I'm certainly not one to put stock in the idea of the Ameri[k]an public reacting intelligently to this or any other issue concerning war and foreign policy, the sixty-one percent figure seems a bit on the inflated side.

      1. It was a scientific poll commissioned by Fox News. It's in the Iran section of Friday's home page:
        http://www.foxnews.com/politics/2009/10/01/fox-ne

        The support for an attack is especially high among Republicans (77%), but even supported by a majority (53%) of Democrats and independents (55%). Only 28% of Americans oppose a military strike and the rest are undecided.

        Another story (from Thursday) put the figure at 56% among American Jews. This is a smaller number than Americans in general, but a much higher figure than American Jews who supported an attack on Iraq back in 2002-early 2003.
        http://www.haaretz.com/hasen/spages/1117995.html

      2. It was a scientific poll commissioned by Fox News. It's in the Iran section of Friday's home page:
        http://www.foxnews.com/politics/2009/10/01/fox-ne

        The support for an attack is especially high among Republicans (77%), but even supported by a majority (53%) of Democrats and independents (55%). Only 28% of Americans oppose a military strike and the rest are undecided.

        Another story (from Thursday) put the figure at 56% among American Jews. This is a smaller number than Americans in general, but a much higher figure than American Jews who supported an attack on Iraq back in 2002-early 2003.
        http://www.haaretz.com/hasen/spages/1117995.html

    3. A war against Iran under Obama is highly unlikely, in fact, he is defining his Presidency on diplomacy. Such a survey is false because most Americans these days want the government to deal
      with local problems not with what is happening far away from America's borders. A world power will deal with Iran but it will not America.

  3. Listen, the ‘joke’ is on anyone who accepts the U.S. toilet paper overseas now. In other countries, actual goods and services back up those currencies. In the U.S., which has ZERO MANUFACTURING BASE OF ANY KIND, and NO GOLD TO BACK THE TOILET PAPER, then the holders of TOILET PAPER aka U.S. DOLLAR, know that it is WORTHLESS, and to be honest, it’s not even fit to be TOILET PAPER!

    So, whether the U.S. participates in the pending attack on Iran by ISRAHELL or not, the TOILET PAPER DOLLAR will continue to buy less and less because the U.S. is creating it out of THIN AIR, either electronically, or printing the worthless shit at breakneck speeds and putting the COUNTERFEIT SHIT ON THE STREETS OF THE WORLD.

    the day is coming when the rest of the world will absolutely not take the worthless fucking TOILET PAPER from a FAILED ROGUE NATION.

    attacking Iran won’t do much to slow down the financial INSOLVENCY OF THE U.S., although, it would certainly plunge the world into a far worse financial hellhole and nightmare than we’re currently sliding into because of the Hank Greenspan shenanigans for his handlers Rothschilds.

    By December, 2010, the dollar will have ZERO VALUE anywhere on the globe, because of FED POLICY TO CREATE THE FUCKING SHIT OUT OF THIN FUCKING AIR, with NOTHING TO BACK IT UP HERE IN A HOLLOWED OUT COUNTRY WITH ZERO MANUFACTURING BASE.

    wake up. the dollar is dead. and so is CAPITALISM as you knew it.

    1. It's people like you who "prove" the "Ron Paul is a nutjob" meme. Why don't you chill out or get your survival supplies together and move into a cave?

      1. And why don't you do us all a favor and offer us some reasonable arguments as to why Ron Paul's postions (and Dollar's defense thereof) are off-base, rather than resorting to ad hominem attacks?

        1. It isn't only words that have meaning: punctuation has meaning as well. There's a reason why I put the word "prove" in quotation marks: it's because Ron Paul is "proven" to be a nutjob by the company he keeps or the supporters he inspires. "Proven" that is to those who are looking for any reason to ignore his words and latch on to the extremist niche that follows him. They don't want to look at the majority of his followers, the normal folk, because the normal, calm and collected people that support him won't tarnish his reputation. The MSM prefers to cover the "9/11 was an inside job" contingent because it's an easy way to bring him down.

          Ron Paul succeeds not only due to his cogent policies; he succeeds due to his calm, polite demeanor. Well-argued intelligent points don't need capitalized cussing, nor does it need the hyperbole in "Dollar Allready (sic) TOILET PAPER's" post. When was the last time you heard Ron Paul say something like, "FED POLICY TO CREATE THE FUCKING SHIT OUT OF THIN FUCKING AIR"?

      2. Applying an ad hominem attack against one individual for the actions of another is simply childish behavior. Often I have heard many proclamations against Ron Paul as a "nut job," yet those who apply such insults to him rarely ever explain why Dr. Paul's policies are "crazy." Rather than exhibiting such absurd behavior Dr. Paul's opposition would do well to at least elaborate on their reasons for their position.

        1. "Applying an ad hominem attack against one individual for the actions of another is simply childish behavior."

          I'm really starting to lose faith in our side here. I've re-read my very short post and it's more than obvious I was criticizing the poster for maligning the reputation of Ron Paul with his over-the-top rhetoric. He's one small example of the many, many people out there who "support" Paul by expressing themselves as incensed Tourette's Syndrome patients. It only serves to make the poster feel good for his "superior" interpretation of events while it hurts Ron Paul's reputation in the mainstream world.

    2. I share some of your sentiments regarding the loss of manufacturing and the devaluation of the dollar. However, the gold standard is overrated. I don't have the time to argue the point, but I suggest you research how the gold standard made the Great Depression worse and how it would be practically impossible to return to it now.

  4. The U.S. dollar is piss-poor, and so is the failing American economy.

    If China–which holds a third of American debt–decides to pull the rug out from under us, look out.

  5. Of course, Glenn Beck, idiot and war-party-tool non-compere, still doesn't realize that it's WE who are doing this to ourselves with our suicidal wars. One of the best developments would be the discovery that Iran RIGHT NOW has two dozen nukes aimed at Israel with accurate delivery systems. That would stop Israel right in its tracks and force it to start acting human for the first time in its existence.

  6. That's the problem with Beck – he's either very, very confused on where he stands or is the greatest conman of all time…
    Which brings me to another point – what about Dr Ron Paul? Either way, we're looking at a very nasty situation within the next 1-3 years. 'Change is coming to America'. For some odd reason….that is a very scary phrase.

    1. Yes, it is an act, but I suggest you read Kurt Vonnegut's novel "Mother Night" if you haven't already. The main character Howard Campbell is a US spy living in Germany who poses as a Nazi propagandist who hosts a radio show. Years later, he concludes that he is guilty of the war crimes Israeli agents have charged against him because "in the end, we are who we pretend to be."

  7. Over the last 40 years, I have subscribed off-and-on to the “we’re going to hell in a handbasket” theory of America’s direction. Every gloomy episode was saved by good luck or by the ingenuity or goodness of the American public. But this time, it really is over. We have a corrupt Congress, a corrupt corporate structure, a corrupt media, and even a corrupt defense establishment. A true 20% of the population is unemployed or underemployed with housing worth less than what they owe on it; strapped with 30% interest rates on their old credit card debts. Much of our country is essentially bankrupt.. Debt is King. But, wait – we may still have enough credit available to launch a destruction of some great and ancient civilization that has the temerity to annoy us and the Apple of God’s eye, Israel.

  8. Mechanized,
    The Great Depression did not last because America still had the means to come back – an industrial base, a lot of still available natural resources, and only revelatively small internal debt. This is no longer the case – our industrial (manufacturing) base is virtually gone, we have tied our lifestyle and agriculture upon cheap oil which we must import and we owe the world a lot more than we can pay. We are not straining; we are snapping..
    Make no mistake, our recent downstep is not correctable by politics Unless America all of a sudden stops doing what it likes to do (like imperialism and looting the commons) this lower plateau we are now on is just a temporary respite on a long drop down.

  9. The massive withdrawal from backing the U.S. dollar will result in the power of the federal government greatly diminishing. This will result in a loss of political power that our government can exert.

    1. That is obvious America does not have the same kind of financial power that it had in the past, the Obama adminstration was aggresively courting the aid of other nations in tackling the economic crisis and much of the world is blaming America for what is happening today. The American ability to influence world events is going to decline sharply and America in the near future will look nothing like the America today.

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