PRESIDENT & CONGRESS GROVEL BEFORE THE FED

According to Bloomberg News (Monday, February 9, 2009), "The stimulus package the U.S. Congress is completing would raise the government's commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation's home mortgages.
"The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent almost $3 trillion over the past two years and pledged up to $5.7 trillion more. The Senate is to vote this week on an economic-stimulus measure of at least $780 billion. It would need to be reconciled with an $819 billion plan the House approved last month.
February 10, 2009 Permalink

New Hampshire Fires First Shot Of Civil War - Resolution Immediately Voids Several Federal Laws

The New Hampshire state legislature took an unbelievably bold step Monday by introducing a resolution to declare certain actions by the federal government to completely totally void and warning that certain future acts will be viewed as a “breach of peace” with the states themselves that risks “nullifying the Constitution.”
This act by New Hampshire is a clear warning to the federal government that they could face being stripped of their power by the States (presumably through civil war!)
The remarkable document outlines with perfect clarity, some basics long forgotten. For instance, it reminds Congress “That the Constitution of the United States, having delegated to Congress a power to punish treason, counterfeiting the securities and current coin of the United States, piracies, and felonies committed on the high seas, and offences against the law of nations, slavery, and no other crimes whatsoever;. . . . . therefore all acts of Congress which assume to create, define, or punish crimes, other than those so enumerated in the Constitution are altogether void, and of no force;”
Federal gun crime laws? Void. Federal drug crime laws? Void. The gazzillion other federal criminal laws that deal with anything other than the specific enumerated crimes? ALL VOID.
February 09, 2009 Permalink

Clear Channel Radio Network interview with Ron Paul

Ron Paul on the Stimulus

February 09, 2009 Permalink

BOOKS: Meltdown - Forward By Ron Paul

As the financial crisis deepens, wiping out jobs and propelling families'savings down the memory hole, so does the sense in Washington that the political class must Do Something. At the behest of former President George W. Bush, that "something" took the form of a $700 billion federal bailout of Wall Street. President Obama is following up with a fiscal stimulus plan that could end up costing more than $1 trillion.
But Mr. Woods' prescriptions — stop the bailouts, cut spending, resolve that no business is too big to fail, let the market make its own painful adjustments — are ones that no politician would embrace. Well, no politician except for Rep. Ron Paul, the Texas Republican who wrote the book's foreword.
February 09, 2009 Permalink

Urge Your Senators to Oppose the "Stimulus"

While President Obama hits the campaign trail in an effort to sell the "plan" and Senator Specter tries to justify his abandonement of free market principles, it is critical that we contact our Senators and let them know how we feel about the upcoming vote. These three Senators specifically need to hear from their constituents, and they need to be held accountable for the actions they have taken.
February 09, 2009 Permalink

What's Ron Paul Up To?

It's an economic crisis he largely predicted -- so what's former presidential candidate / Rep. Ron Paul up to these days? He's thinking about the long-term. His campaign for Liberty will start training activists at eight regional summits this year while it continues to urge followers to work against the stimulus and bailout measures in Congress.
More than 500 activists are expected to attend the first summit in St. Louis from March 25 to 27. The second summit is scheduled for April in Jacksonville and a third tentatively set for Seattle. Campaign for Liberty's Senior Vice President Jesse Benton said five more summits will be held if the first three are successful.
February 09, 2009 Permalink

Freedom From Government

President Obama signed an executive order last week continuing the faith-based initiatives program created by former President Bush. When the program was created, I warned that giving taxpayer money to private religious organizations would eventually lead to political control and manipulation of them. This week has provided some evidence that this was a justified concern.
This is the major problem with basing a private business model on the receipt of government funds. This money does not come without control, or the future possibility of control. We are seeing parallel control grabs in industries that have recently been the recipients of taxpayer largess. Government officials are now discussing executive compensation on Wall Street, banking, and in the auto industry. How much is too much to pay someone? When is a bonus deserved? But because politicians have bought their way into these industries, these are now political decisions. It is easy to utilize class envy to whip up public support for these interventions, but government always slides down the slippery slope. Politicians are also discussing other aspects of these businesses in which they are not expert, such as, what should lending standards be? What sort of cars should we direct the auto industry to make? Once government money infiltrates a balance sheet, “taxpayers” meaning “politicians” have a say in how you operate.
February 09, 2009 Permalink

AUDIO: The Left, the Right, and the State

Antiwar Radio's Scott Horton interviews Lew Rockwell

February 09, 2009 Permalink

Ron Paul On 1040 WHO Radio Feb. 05 2009

The survival of our country is at stake.

February 08, 2009 Permalink

Bailouts, Stimulus Plans and Liberty

Our country is on a rapid downward slide into a socialist morass. We were once a proud and free people but now look to government for medical care, education, home mortgages, student loans and a host of other services. The bankers that have had control of our money for a century are now demanding trillions of our dollars to avoid a total economic collapse, so they say. They have convinced the American people that free enterprise is a failure and requires government intervention to prevent disaster. Our senators are not challenging the foolishness of attempting to bailout the economy.
February 08, 2009 Permalink

Mr. Obama´s Magical Oratorical Stimulus

Mr. Obama then went on in his speech to claim that the old ideas instituted by the Republicans haven´t worked. He claimed that tax cuts alone have not worked. He claimed that it is time for new ideas to be tried. I agree. Let´s try some new ideas, Mr. Obama. Tax cuts alone will not work. Tax cuts coupled with slashing government spending just might. Or how about totally eliminating at least the income tax and ridding this nation of the blight upon it known as the IRS. This might not be a new idea, but it certainly is one that has not been tried, at least since the creation of the IRS.
February 08, 2009 Permalink

Dr Ron Paul 02 07 09 on the Senate Stimulus Compromise

More bad news.

February 07, 2009 Permalink

GOP senators 'caved in' on stimulus, Paul says

Former presidential candidate Ron Paul criticized President Obama's economic recovery proposal but said Saturday that blame for the financial crisis is deep-seated and includes Republicans who failed to hold the line on spending during the Bush administration.
He also offered a harsh critique of the three Republican senators who have said they will vote for the economic recovery proposal. A vote is scheduled for early next week.
February 07, 2009 Permalink

Free Our Farmers: Let the Milk Flow

If there was ever a time to lift government controls and bans on interstate sales, it is now. With our national economy in crisis, and businesses in all sectors on the brink of ruin, we need to start crossing laws off the books that hinder trade and economic growth. And, let’s start with laws that are roadblocks to sustainable farming. Congressman Ron Paul, has introduced a bill (HR 778) that would free farmers to transact milk sales across state lines. This bill would repeal the current ban on raw milk and raw milk products for human consumption in interstate commerce. The ban has made it more difficult for health conscious consumers to access raw milk and has hurt the ability of raw milk producers to make a living.
February 07, 2009 Permalink

Bonuses...

February 06, 2009 Permalink

Jobs Government Creates, and Destroys

One reason the Keynesian fallacy being peddled by Obama is so popular is because there is a popular myth that Franklin Roosevelt's New Deal and especially World War II brought America out of the Depression. As economist Robert Higgs has shown, this is based on a few major misreadings of the data. First, although the GDP did rise sharply during the war, this did not correspond to true economic recovery for the people. At home, there was rationing of sugar, butter and fabrics; and entire industries, such as the automobile industry, stopped making domestic goods for the people and instead were devoted to making materiel for the war. The standard of living of average Americans decreased during FDR's last term, as so much of the economic activity, however superficially bigger, was directed toward the war effort instead of consumer goods.
A similar confusion concerns unemployment rates under FDR.
February 06, 2009 Permalink

Peter Schiff on Fox Business News FBN

In Two parts. Use scroll bar below to play part two.

Fed Up - The popular uprising against central banking

The way Ron Paul tells it, his more than 30 years of speaking and writing about money, inflation, and the Federal Reserve System attracted only limited interest outside libertarian and constitutionalist circles. The subject, and Paul as its spokesman, were scarcely to be found in the media, even—or perhaps especially—on the business networks.
But Paul’s 2008 presidential bid changed that. Suddenly the Fed was on the table for discussion for the first time since Congress established it in 1913. With Paul making the evils of central banking and fiat money a theme of his campaign, the issue took on a vigor that few expected. Even calling for the Fed’s outright abolition was longer unheard of on the television news networks.
February 05, 2009 Permalink

Glenn Beck on Obama's 'Change': Socialism

Bannana Republic coming to a town near you.

February 05, 2009 Permalink

AUDIO: Bankrupt Banks

Lew Rockwell interviews Dr. Joseph Salerno

February 05, 2009 Permalink

EIGHT STATES NOW DECLARING SOVEREIGNTY!!

Several states have recently appealed to the 10th and/or the 9th Amendments to assert their state rights over federal government. These amendments state:
Amendment 9 - Construction of Constitution. Ratified 12/15/1791.
The enumeration in the Constitution, of certain rights, shall not be construed to deny or disparage others retained by the people.
Amendment 10 - Powers of the States and People. Ratified 12/15/1791. Note The powers not delegated to the United States by the Constitution, nor prohibited by it to the States, are reserved to the States respectively, or to the people.
February 05, 2009 Permalink

Ron Paul: Statement on Federal Reserve Board Abolition Act

Before The United States House of Representatives on February 3, 2009
Madame Speaker, I rise to introduce legislation to restore financial stability to America's economy by abolishing the Federal Reserve. Since the creation of the Federal Reserve, middle and working-class Americans have been victimized by a boom-and-bust monetary policy. In addition, most Americans have suffered a steadily eroding purchasing power because of the Federal Reserve's inflationary policies. This represents a real, if hidden, tax imposed on the American people.
From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial "boom" followed by a recession or depression when the Fed-created bubble bursts.
February 05, 2009 Permalink

John Stossel: The Bailout is "Disgusting"

As the co-anchor of the long-running and immensely popular ABC News program 20/20, auteur of a continuing series of specials on topics ranging from corporate welfare to educational waste to laws criminalizing consensual adult behavior, and author of best-selling books such as Myths, Lies, and Downright Stupidity, Stossel brings a consistent message of liberty to millions of viewers on a weekly basis.

Part 2 Here
February 05, 2009 Permalink

WHEN EAGLES FLOCK

Apparently several U.S. States have taken the first steps to claim sovereignty under the United States Constitution 10th Amendment. You may not have seen or heard about this from the Main Stream Media, but the ripple is as real as a sunrise.
Arizona, New Hampshire, Missouri, and Washington state are in various stages of legislatively declaring their sovereignty. Several states are giving notice the Federal Government should actually abide by the terms enumerated in the U.S. Constitution. They probably won’t succeed any more than Ron Paul did, but both the states rights movement and the Ron Paul reality are seeds that have been planted…and require attention and nurturing.
February 05, 2009 Permalink

The Coming Fascism

The American financial empire exists as a thin, transparent, vulnerable shell of its former self. It too is a bubble – yet unlike the military fantasy, Americans readily conceive of financial bubbledom. Our money – that fiat paper which we have been using for our houses, our cars, our pay-later purchases – is vaporous in the sense that we do not really see it, feel it or understand it. We do not control it – that role is extra-constitutionally, extra-democratically ceded to the Federal Reserve, an entity cloaked in mystery until the 2008 presidential campaign of Ron Paul pulled the unraveling thread.
February 05, 2009 Permalink

Dr. Paul's Legislation for the 111th Congress

When a new Congress comes in every two years, legislation that was not passed in the previous session has to be reintroduced and put back into the system.
Here's just a few of the bills Dr. Paul has reintroduced.
February 05, 2009 Permalink

“Living and breathing” vs. original intent

In just six months the so-called movers and shakers in our nation’s Capitol have managed to, and continue to add to, an impossible burden of National Debt on the backs of present and future generations. In effect they have murdered the “Republic for which we stand.”
The most serious questions that can be asked: Does the U.S. Constitution provide the Congress and the President 1) this unprecedented power? 2) bailing out all manner of capitalist businesses, the banking system, homeowners or any other combo you might name?
February 05, 2009 Permalink

Kucinich: We Should Be Going From Golden Parachutes To Golden Handcuffs!

February 02, 2009 News Corp

February 04, 2009 Permalink

"Washington's toy story shows why regulation helps the big guys"

The DC Examiner recently took a look at the disastrous consequences awaiting small businesses as a result of Congress' actions regarding the lead-in-toys scare last year.
Congressman Paul was criticized back then for being the only House member to oppose the bill, but, as we can see from the following article, the intentions of many consumer advocate groups, no matter how good they may have been, have completely backfired. The big companies they opposed will now be greatly strengthened as a result of their actions.
February 04, 2009 Permalink

U.S. Debt Default, Dollar Collapse Altogether Likely

The prospect of the United States defaulting on its debt is not just likely. It's inevitable, and imminent.
The regulatory black holes into which sanity and reason disappear on a daily basis are soon to collapse under the mass of their sheer size. The circle jerk going on among G7 governments has to end – the steady advance of gold, even in the face of a managed price, exposes the real value of the U.S. dollar, as opposed to its apparent value expressed in the dollar index.
Is 2009 the year that the United States formally defaults? And with that, will the dollar collapse be rolled back ten for one or more?
There are a lot of reasons to support that theory. To Wall Street economists, such an event is heresy and therefore unthinkable. Yet Wall Street is the very La-la-land that bred the idea of a perpetually indebted nation in the first place.
February 03, 2009 Permalink

Ron Paul on Brain & The Judge

Discussing the fight between Collectivism, Individualism and the need for sound money.

February 03, 2009 Permalink

New Hampshire talks Civil War against feds!

The New Hampshire state legislature took an unbelievably bold step today by introducing a resolution to declare certain actions by the federal government to completely totally void and warning that certain future acts will be viewed as a "breach of peace" with the states themselves that risks "nullifying the Constitution."
This act by New Hampshire is a clear warning to the federal government that they could face being stripped of their power by the States
February 03, 2009 Permalink

Protectionist Stimulus and Government-Managed "Free Trade"

Whether in the name of free trade or the patriotic economic self-sufficiency, government should not be trusted with managing economies, national or international. Real free trade and real economic security at home are both rooted in real economic freedom -- the freedom of individuals to trade in the manner they want, consistent with laws against fraud and violence, with whomever they want, without the government interfering. But in a stimulus plan such as this, the issue is not individuals trading, but the government allocating resources and directing economic activity.
February 03, 2009 Permalink

Peter Schiff on CNN

This news anchor must have read The Communist Manifesto too many times.

February 02, 2009 Permalink

Cures for Our Economic Disease - GET RID OF THE IRS

Government should stick to punishing fraud and enforcing contracts. When they use the tax code, bureaucratic departments and their manipulative rules and regulations to dictate social and economic behavior, we end up with distortions and malinvestments. Bailing out banks, continuing failed Fed policies and strapping the taxpayer with toxic debt will worsen the pain, and punish the innocent.
If Congress really wanted to do something helpful, it would cut taxes. Ideally, we would repeal the income tax altogether and get the IRS off the economy’s back, which would be a huge boon. We should also cut spending. Cut every unconstitutional department and program, every wasteful governmental encroachment on the people’s liberty and money, starting with our massive overseas empire. The cost of our empire is bringing us to our knees, just as the Soviets’ empire did to them. Congress should also abolish the Federal Reserve and take back its responsibilities to ensure sound money, safe from the manipulations of powerful banking interests.
February 02, 2009 Permalink

Obama Understands Part of the Correction

"[I]t is likely that the banks have not fully acknowledged all the losses that they're going to experience," says President Barack Obama, and so more banks are likely to fail. The president apparently recognizes that the bubble in the banking industry has yet to pop, and more unsustainable projects are subject to liquidation if economic sustainability is to be restored.
Obama does not seem to understand, however, that his entire agenda of massive and conspicuous and unpredictable intervention is going to confuse the market. This is just what happened during the Great Depression: Investors were intimidated by President Franklin Roosevelt's radical New Deal regime, which put their property rights in constant jeopardy. They feared that investments might be nationalized or made unprofitable by FDR's capricious intervention, and so this slowed down investment and delayed recovery.
February 02, 2009 Permalink

When Ron Paul called the monetary system fraudulent, CNN closed any debate

To my knowledge the only US politician to publicly allege such a fraud is Congressman Ron Paul. What is more, when he did so on live television his host John Roberts on CNN switched subjects! During "American Morning" on October 24, 2008 Ron Paul said: "government does have a responsibility to deal with fraud, but the monetary system is fraudulent. Instead of perpetuating fraud in the monetary system they should be dealing with real fraud. ", Roberts responded: "Well, regardless of what we talk about this morning, the Dow is going to go off a cliff again today so let me turn to politics if I could." Why did he dodge opening a debate that could have only boosted CNN's public reputation and audience. All he needed to do was ask Paul if he had complained to the government authority responsible for investigating fraud by bankers.
February 02, 2009 Permalink

Forbes Publisher Gives Advice to Obama "Ron Paul is Spot On Right"

Forbes Publisher Gives Advice to Obama "Ron Paul is Spot On". Is the MSM starting to get it?! Regardless, it is nice to hear Dr. Ron quoted and echo the message of free markets, less taxation and individual economic liberty.

February 02, 2009 Permalink

'Ron Paul Told Us So' - The Economic Crisis

This page consists of excerpts from a selection of Ron Paul's speeches and columns on economic matters, and a few highlights are bolded below. Throughout his time in Congress (1976-1977, 1979-1985, 1996-present), Dr. Paul tirelessly forewarned of the dire consequences of the Federal Reserve system, fiat currency, deficit spending, corporate statism, and central planning -- consequences that are now besetting the American people.
February 02, 2009 Permalink

American government losing the 'War on Drugs'

Many Americans have expressed similar support. The most popular topic on President Obama’s campaign Web site dealt with ‘Ending Marijuana Prohibition”.
There’s no doubt our government has been financing a war within our borders. A war, quite frankly, we’re losing.
Prohibition didn’t work. And neither will despotic regulation of drugs. By trying to interfere, they’ve obfuscated civil liberties and the principles of freedom they’re supposed to defend.
The truth is: the more authority Washington holds, the more freedoms are inevitably sacrificed.
Thousands of complex ‘solutions’ have been offered to curtail drug related problems, but none offer the pragmatic simplicity of Texas Rep. Ron Paul’s proposal: “You want to get rid of drug crime in this country? Fine, let’s get rid of all the drug laws.”
February 02, 2009 Permalink

Leaders: Don't add to debt

The point of an economy is not to create jobs. As Congressman Ron Paul notes, the point of an economy is to be productive. The government could hire people to dig holes and then fill them in, but that won't make us any wealthier as nothing is actually being produced. Our leaders propose creating make-work jobs that will produce no wealth.
Also, the government must take a dollar for every dollar it spends. Because raising taxes by a trillion dollars is both politically and economically unwise, we will fund this new spending by printing money and by debt.
February 01, 2009 Permalink