Friday, July 30, 2010

Ron Paul : Stop the War, Save the Money

Ron Paul on Rick's list CNN 29 july 2010 ..

Sunday, July 25, 2010

Ron Paul : More Secrets, More Surveillance, Less Security

Ron Paul discusses the insanely bloated bureaucratic nightmare known as the "intelligence" community.


Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies.

Saturday, July 24, 2010

Ron Paul on Money and Credit

Ron Paul :"The growth in money and credit has outpaced both savings and economic growth. These inflationary pressures have been concentrated in asset prices, not consumer price inflation--keeping monetary policy too easy. This increase in asset prices has fueled domestic borrowing and spending. Government policy and the increase in securitization are largely responsible for this bubble. In addition to loose monetary policies by the Federal Reserve, government-sponsored enterprises Fannie Mae and Freddie Mac have contributed to the problem. The fourfold increases in their balance sheets from 1997 to 1998 boosted new home borrowings to more than $1.5 trillion in 1998, two-thirds of which were refinances which put an extra $15,000 in the pockets of consumers on average--and reduce risk for individual institutions while increasing risk for the system as a whole. "

Monday, July 19, 2010

Ron Paul : Gold or Tyranny?

How much can the financial sector bend before it breaks? How long can the dollar go? How is the changing international division of labor going to affect the future of American prosperity? What can we look forward to under conditions of rising rates? How is the War on Terror affecting financial privacy? This conference considers all these questions with the assistance of some of the best financial and economic minds of our time. Hosted at the Venetian Hotel Resort Casino, Las Vegas, February 18-19, 2005.

Sunday, July 18, 2010

Ron Paul : Dangerous Allies Big Business and Big Government

07/12/2010 -

Last week ended with some promising news on finally stopping the oil spill in the Gulf of Mexico. Unfortunately the administration still seems to believe that shutting down working oil wells is a higher priority than effectively dealing with the broken one. They are again issuing a moratorium on offshore drilling while maintaining a de facto ban on new permits even for shallow water drilling which they previously stated would not be affected. The courts have twice declared this unconstitutional, over 70% of the people see this as unreasonable, yet the administration seems determined to simply end offshore drilling, at least for those producers that cannot afford to sit idle for any unknown period of time until the ban is lifted.

Whether or not this latest effort will hold up in court is yet to be seen. Sadly, many smaller oil producers in the Gulf see the writing on the wall and instead of waiting around and risking their livelihoods on the whims of American politicians and judges, they are leaving for friendlier business climates. What is happening to this country when the Republic of Congo is better for business than the United States?

One big factor is regime uncertainty. Regime uncertainty is the opposite of the rule of law. It is the rule of the whims of the people who are in charge and what mood they are in on any particular day. It is usually associated with third world dictatorships and plays a major role in why some countries remain poor. When a business cannot predict whether a government will issue a permit, confiscate or nationalize their capital investments, tax them into bankruptcy or arbitrarily stall their operations, they tend to do business elsewhere. This type of government hostility is not conducive to wealth creation and it is tragic to see it chasing away businesses here when wee need the jobs and productivity more than ever.

When the rule of law is respected it provides business with some measure of predictability so they can plan and operate smoothly. When it is not respected there are just too many variables, too much risk of loss or waste. Of course disregard of the rule of law creates other problems, too. For the larger and better connected businesses it creates the opportunity of regulatory capture. If the government becomes too unpredictable, one business survival strategy is to become so involved in government and regulatory bodies that they effectively gain control over the very entities that are supposed to keep them in line. In other words, if you can't beat the government, become the government.

A business that achieves regulatory capture is also able to write and implement laws and regulations that they can deal with but its competitors cannot. The eventual outcome is that companies use regulation to drive everyone else out of business until a monopoly is achieved, putting consumers at its mercy. Meanwhile, the people develop a false sense of security, assuming that the many regulatory bodies in place are protecting them. Without respect for the rule of law, however, those bodies and their regulations are more likely protecting and enabling big business at the expense of small business and the consumer. We see this not only with big oil, but big banking, big defense contractors, you name it. That is why especially in a crisis we should uphold the Constitution. It is the ultimate consumer protection from crony corporatism.


Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policie

Saturday, July 17, 2010

Ron Paul On Unemployment and Inflation

Free market stats on GDP and unemployment radically different than those released by the government.

Tuesday, July 13, 2010

Ron Paul on Iran Sanctions

War with Iran possible.Ron Paul is against any kind of war with Iran or with any other country for that matter ...

Sunday, July 11, 2010

Ron Paul: No More U.S. Tax Dollars for Corrupt Afghan Officials!

07/12/2010 -
Last week, GOP chairman Michael Steele came under fire for daring to say what a lot of Americans already know: that our involvement in Afghanistan is an ill-advised quagmire with no end in sight. After nearly 10 years and approaching 1 trillion dollars spent, the conflict is going nowhere because there is nowhere for it to go.

After all, if victory is never really defined, defeat is inevitable. With our economy at home in serious trouble, this wasteful occupation is something we clearly cannot afford. Each soldier costs us one million dollars per year and yet most in Washington are only considering how many more soldiers to send. Fuel costs an astonishing $400 per gallon for our military in Afghanistan. Yet somehow, many politicians feel it is acceptable to squeeze this money out of our taxpayers who are truly struggling economically to fund this non-war. Our economy here is not showing any real signs of improvement. Official unemployment is pushing 10% and getting worse. Real unemployment is over 20% according to the free-market economists. The growing debt and inflation used to fund this occupation only dooms us to more economic hardship for a long time to come - and for what?

Where the money for Afghanistan comes from is one problem; where it goes is another. Recently it has come to light that much of the aid money we send to Afghanistan is lost due to corruption. Billions of tax dollars from hard working Americans are ending up lining the pockets of corrupt Afghan officials and likely even filtering into the Taliban we are ostensibly fighting. The Wall Street Journal recently reported that curiously enough, billions more than the Afghan government collects in revenue is leaving the country in the form of cash on huge containers and in suitcases and mostly ending up in Dubai as well-connected Afghanistan officials buy up luxury homes and enrich their personal offshore bank accounts. Investigations into corruption and graft have been blocked by the Karzai government, probably because Karzai's own brother would have to be implicated. It is encouraging that the foreign aid appropriation subcommittee has attempted to block billions in aid as a response to these allegations, but this is likely to be temporary and may not even succeed.

The point is that sending aid money to Afghanistan is not making poor people over there better off. It's making poor people here worse off. Corruption is endemic to Afghanistan with graft comprising about one fourth of their economy. Even though it is considered the second most corrupt nation in the world, according to Transparency International, we still send the Afghan government billions of dollars in aid and are shocked to find it is not making its way out of the sticky fingers of the officials entrusted with it.

Robbing citizens here to fund corruption over there is not helping average citizens anywhere. We are sacrificing real economic opportunity at home for the opportunity to line corrupt pockets in Afghanistan. Not only that, but American soldiers are being killed and maimed. It is tragic and frustrating how much we have lost and wasted already. It's time to leave Afghanistan to the Afghans to sort out. I am glad more Americans are finally willing to face this reality.


Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies.

Saturday, July 10, 2010

Ron Paul, Lou Dobbs and Sharron Angle on Freedom Watch

Ron Paul, Former Ambassador John Bolton, CATO's director of foreign policy studies Chris Preble, Democratic Analyst Doug Schoen, and Judge Andrew Napolitano discuss "Obama's War" in Afghanistan. Also on the show: Former CNN Anchor Lou Dobbs and Republican Nominee for U.S. Senate in Nevada, Sharron Angle.

Wednesday, July 7, 2010

Ron Paul July 07 End this War

Ron Paul July 07 End this War

Ron Paul Slams Federal Interference In Oil Spill Relief Efforts

As tar balls from the BP oil spill wash into Galveston, Texas, Congressman Ron Paul has slammed federal interference in the relief effort that is hampering local attempts to mitigate the consequences of the disaster, mimicking how the feds deliberately botched the response to hurricane Katrina and made the crisis worse.

"They have done a lot to interfere," Paul told National Political Correspondent Jessica Yellin on CNN's "John King USA."

"A lot of local officials, property owners and state officials have wanted to do more over in Louisiana and Mississippi and the federal government, the fish and wildlife people, the EPA and others, they come in and they prohibit them from doing it," said Paul.

The Congressman also added that if large numbers of National Guard troops were not deployed oversees fighting endless wars, there might be more manpower to call upon in aiding relief efforts.

"If all our states had their Guard units back here maybe they would have the manpower to do more to help clean up the beaches and prevent the oil from coming in, but, no, our Guard units are all over the world fighting wars we don't need," said Paul.

In hindsight, it's becoming clear that the government has deliberately botched the response and prevented local authorities from doing their jobs, just as FEMA deliberately sabotaged the state response to Hurricane Katrina in order to make the crisis worse and create the pretext for a police state response, gun confiscation and ultimately more federal power.

Monday, July 5, 2010

Ron Paul: It Is Obamas War He is The One Sending More Troops Over There!

CNN July 05, 2010

Ron Paul Congratulates Michael Steele CNN 07/04/10

Ron Paul on CNN 07/04/10: RNC Chair Michael Steele War Comments

Dr. Paul's statement concerning Michael Steele and Afghanistan
“I would like to congratulate Michael Steele for his leadership on one of the most important issues of today. He is absolutely right: Afghanistan is now Obama’s war. During the 2008 campaign, Obama was out in front in insisting that more troops be sent to Afghanistan. Obama called for expanding the war even as he pretended to be a peace candidate.
Read more >>>

Sunday, July 4, 2010

Ron Paul weekly update : Big Government and the Fed: A Sinister Alliance

Big Government and the Fed: A Sinister Alliance - 07/05/2010

by Ron Paul

Last week I was pleased to see my Republican colleagues take up the cause to fully and completely audit the Federal Reserve by including my language from the Federal Reserve Transparency Act in a motion to recommit the Financial Regulation Reform Bill.

Although this effort was defeated by the Democrat majority there were many good reasons to support it. The Federal Reserve Transparency Act would eliminate restrictions on GAO audits of the Federal Reserve and open Fed operations to congressional oversight. Additionally, audits could include discount window operations, open market operations and agreements with foreign central banks, such as the ongoing dollar swap operations with European central banks.

Since its inception the Federal Reserve has always operated in the shadows without sufficient scrutiny or oversight while Congress has kept its hands off and its eyes closed. The Federal Reserve has presided over the near-complete destruction of the United States dollar. Since 1913 the dollar has lost over 95% of its purchasing power, aided and abetted by the Federal Reserve's loose monetary policy.

The Federal Reserve Transparency Act would achieve much more needed transparency of the Federal Reserve system. However, House and Senate negotiators failed to include the full language of my legislation in the conference report for the Financial Reform Bill, and the full Congress missed yet another opportunity to demand accountability from the Federal Reserve by defeating the Republicans' motion to recommit. Over 320 members of Congress from both parties co-sponsored my original bill, which was incorporated into that motion to recommit. Almost 200 members of Congress who care about the Federal Reserve transparency voted for this motion to recommit. Unfortunately they find themselves in the minority.

Any legitimate objections to the audit proposals were addressed in the language of the motion to recommit. Thus it is clear that the real reasons for opposing it are unstated and indefensible. The real reasons are that politicians like to spend money far exceeding income and it is convenient to have an enable of this in the Federal Reserve. The easier it is for the Fed to create money hidden from public view and accountability, the easier it is for politicians to spend that money and make sure their friends and interests are taken care of through shady political processes.

The broader reasons for supporting this entire financial regulatory reform bill are just as sinister. This is not about cracking down on big banks, as some claim. Rather, this is about not wasting a crisis. This is about using a traumatic event to increase government power and control over the economy. If it was really about addressing the causes of this recession, Fannie Mae and Freddie Mac would have been dealt with or abolished. Failed companies would just fail rather than being bailed out. Instead, a permanent bailout mechanism is being established. The Fed and its ability to control interest rates and create cheap money would be reformed, or better yet, abolished. But instead its power is being increased, and this Congress refuses to even fully audit it.

So yet again in the midst of a crisis government insists on acting in ways outside the scope of the Constitution, hoping that the crisis gives them cover. The truth is that in the crises is when we need constitutional limitations the most.


Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies.

Friday, July 2, 2010

Freshman Republicans Award Ron Paul for his Audit the Fed Bill

Freshman Award for Ron Paul's Audit the Fed

Freshman Republicans awarded Congressman Ron Paul with the "Best Legislation Filed during the 111th Congress" award for his "Audit the Fed" bill HR 1207.
Ron Paul is America's leading voice for limited, constitutional government, low taxes, free markets, and a return to sound monetary policies.

Ron Paul : This war is against ourselves our values our constitution our financial well-being and common sense

Ron Paul there is no end in sight for the war

Ron Paul "What Kind Of War Is This! If It Was A Real War We Would Have Won By Now!"
we were lied to into going to this war ...our soldiers wear uniforms our enemies do not , what kind of war is this if it is one Dr. Ron Paul questions ...the sad story is this war is against ourselves our values our constitution our financial well-being and common sense and at the rate we are going it is going to end badly ...what we need are honest leaders with character and a new foreign policy....dr Ron Paul added

Thursday, July 1, 2010

Ron Paul on the Alex Jones 1st July 2010

Alex Jones welcomes back to the show physician and Republican Congressman for the 14th congressional district of Texas, Ron Paul. On June 30, Paul's advocacy group Campaign for Liberty announced that the FEC has launched a pair of investigations on the organization. "I’m writing to let you know that our success has its price, and that price right now is the wrath of the Obama Administration and its attack dogs at the Federal Election Commission," Campaign for Liberty said in press release. "They’ve already come after us in multiple cases, alleging that Campaign for Liberty has acted illegally merely by putting the candidates on the record and reporting their positions." Dr. Paul has numerous published articles and books, including End The Fed (2009), and The Revolution: A Manifesto (2008). Check out For Liberty: How the Ron Paul Revolution Watered the Withered Tree of Liberty, a DVD available at the Infowars Store. Alex also covers the news and takes your calls.
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