Often called the most honest man in Washington, Ron Paul, the unsinkable Congressman from Texas’s fourteenth district, has positioned himself as resident watchdog for the United States Constitution. Ron Paul holds a point of view that, although echoing the wording of our nation’s founding fathers, rings downright alien to the United States government of today.
We are now living in a nation where Federal social and economic programs are our government, where our currency status hinges on the stock market rather than the gold standard and where our current President has taken more liberties with the United States constitution than any other President in our country’s history. Under these circumstances, Ron Paul just doesn’t seem to fit in. Reason being: we’ve grown accustomed to, and quite comfortable with, large Federal government and the act of re-shaping laws for convenience. October 15, 2008 Permalink
When Ron Paul warned his fellow Republicans that the empire is unsustainable, he was vilified by the neocons and the party establishment, derided as a kook, and practically drummed out of the party by the arbiters of political correctness, neocon style. They didn't even let him on the convention floor during McCain's coronation, and they refused to count his votes.
Now that the disaster Paul predicted has befallen them, one can only stand and watch their spectacular implosion with the utmost satisfaction. What's particularly entertaining is the speed with which the neocons are now deserting the sinking ship of the GOP, like those small mammalian creatures they resemble in mien and spirit. Charles Krauthammer, David Brooks, David Frum – having destroyed the GOP and the conservative movement, they leave it a dried-up husk and move on to their next unwitting host. October 15, 2008 Permalink
Texas Republican Congressman Ron Paul spoke to National Correspondent Paul Westcott on Tuesday.
The discussion focused on the federal government's announcement to invest billions of dollars into the private markets and how he sees the presidential race between Barack Obama and John McCain.
Not only is our nation on the verge of bankruptcy, but so are its people and private institutions. We are now repeatedly hearing about businesses “needing to access the credit market to make payroll.” This is an unmistakable sign of more dire consequences ahead for the economy. If businesses must borrow just to make payroll, this is evidence of a severe undercapitalization that cannot be sustained, even for the short run.
Couple these facts with items such as the explosion of the “pay day loan” industry and the unmasking of the false sense of economic well-being is nearly complete. These pay day loan companies use preferred access to easy credit to inject cash into the hands of the working poor. They are nearly always set up in lower-income neighborhoods. These people, who are struggling to buy food and pay rent, get addicted to the credit drug. Their standard of living is only further depressed by the interest payments on these loans that make them profitable to their providers. Thus, the recipients are left even less capable of paying for items such as food and housing in the long run, without using this credit again and again. October 14, 2008 Permalink
The bailout opposed by so many Americans was nevertheless negotiated by the Federal Reserve with the help of Congress and the Administration. The final bill for the hotly debated rescue of the rich is over 1 trillion dollars including the ear marks and special interests sops that were included. But this is small change compared to the money that is being pumped into the monetary system by the Federal Reserve without any debate or consent. New money is being printed at record rates, insuring that the currency you have in your pocket will buy less and less everyday. As more people wake up to the threat to American's future posed by the Federal Reserve, interest is being renewed in the Federal Reserve Board Abolition Act (HR2755). This legislation introduced by Congressman Ron Paul in June, 2007 would kill the Federal Reserve Act and would then phase out the Federal Reserve altogether one year after the bill becomes law. October 14, 2008 Permalink
The Campaign for Liberty is proud to announce the release of The Official Rally for the Republic DVD and The Rally for the Republic Highlight DVD. Both will be available on Tuesday, November 18th, just in time for the start of the Christmas shopping season.
The Complete Rally for the Republic is a wonderful keepsake for those that attended and those that were there in spirit. Running over 5 hours on 2 DVD's, you can relive all of the great speeches and music that made this such a fun and historic day.
The Rally Highlights DVD is about an hour long and will serve as a great introduction to those new to the movement and the message. It includes the best of The Rally for the Republic, The Ron Paul Nation Celebration, Leadership Conference, Ron Paul Book Signing, and much more! October 14, 2008 Permalink
Ron Paul is right. He has been the true maverick in this race, not me – and he is a principled one, to boot. In my old age, I have realized my many failings, and I cheerfully admit them to you today. I have called Dr. Paul to apologize, profoundly and personally, for smirking at him, making fun of him, and otherwise ignoring him during the primaries. I should have been his strongest ally. I apologize to all of you for not supporting him. I have assured him that I will welcome his counsel in my administration. And I promise that I will follow it. October 14, 2008 Permalink
Sure, voter registration is up, but some of the biggest gains have been among independents. And with a dozen states investigating charges of fraudulent sign-up scams by ACORN, the Democratic numbers look increasingly suspicious.
Yes, "Maverick" McCain wrapped up the Republican nomination, but it was Ron Paul who raised more than $30 million from grass-roots sources via the Internet.
Yeah, "Messiah" Obama preaches "change," but can anyone say what that means? His entourage of Carter- and Clinton-era holdovers doesn't exactly exude freshness. Fact is, there's hardly a dime's worth of difference between Obama and McCain when it comes to dealing with the metastasizing credit crisis. Both supported the widely unpopular and apparently ineffective $700 billion bailout. Neither has a clue about what to do next. Some choice. October 13, 2008 Permalink
Our government has lived beyond its means for decades. We now face a crucial juncture, at which we determine whether to continue down the path of debt, inflation, and government intervention or choose to return to the economics of the free market, which have been ignored for almost a century. Increased debt leads to higher taxes on future generations, while increased inflation diminishes the purchasing power of American families and destroys the dollar. No society has ever been achieved prosperity through indebtedness or inflation, and the United States is no exception. We cannot afford to continue our current policies of monetary expansion and unending bailouts. Unless we return to sound monetary policy, sharply reduce government expenditures, and realize that the government cannot act as a lender of last resort, we will drive our economy to ruin. October 13, 2008 Permalink
Can we solve our economic problems with neverending "liquidity injections"? If you have more debt and inflation than actual capital, do you really have capitalism?
It’s getting lonely out here. With the United States embracing economic socialism from both Republicans and Democrats, the voices for capitalism and free unfettered markets are bouncing around in an echo chamber. Those of us who believe in the America of our founders have faith in only a handful of people to redirect the fear-induced socialist policies back to the freedom of our founding. One such person is Ron Paul, the much media-maligned Republican Congressman and former presidential candidate from Texas. October 13, 2008 Permalink
Shouldn't the government provide safety nets for failed businesses and people? Isn't that a reasonable role for government? Dr. Paul gives us his thoughts on liberty and responsibility...
So what did cause the severity and length of the Great Depression? The New Deal.
The New Deal represented the most comprehensive "war on depression" ever waged by the US government. And, just like the War on Drugs and the War on Terror(ism), the war on depression waged by FDR gave us the worst depression in US history. Even if Ron Paul won the election, by this point so much harm has been done that investors around the world would still be spooked for years to come about investing in the US financial sector. Too many rules have been broken in the last few months. Nobody has any idea what crazy move the feds will take from one day to the next. October 12, 2008 Permalink
The Fed may or may not succeed in reviving the credit system. In the immediate future, 6-18 months, it appears unlikely it can.
The situation is like that of 1930-32 when many banks failed and credit disappeared. In this case, the banks are there but not functioning. There is not much difference. In the 1930s and at other depressions in the past, the free market revived credit outside the banking system by using goods warrants, certificates, railway money, tickets, vouchers, and scrip. In international trade, shipping is now stalling and letters of credit from banks slowing down to a crawl. They need to be replaced in a hurry by other forms of credit to avoid the depression. If not, businesses will slow down and layoffs will increase sharply. The legal tender law needs to be repealed immediately. Ron Paul introduced a bill to that effect years ago. Then the market can begin devising its own currencies without legal restiction. October 12, 2008 Permalink
I saw an interview on CNN the other day, in which the reporter asked Ron Paul what he would do, right now, this split second, to get us out of "the Crisis." Paul began to respond that before you proposed solutions to a problem, you have to understand what caused the problem. He began to patiently explain how government creation of money and cheap credit caused the problem, but the reporter cut him off. Again, the reporter insisted he offer solutions for the problem RIGHT NOW, without explaining the cause of the problem. October 12, 2008 Permalink
Louisiana will be only one of two states where voters will have the opportunity to pull the lever for Paul, a congressman from Texas who ran unsuccessfully for the Republican presidential nomination. Paul built a wide coalition of grass roots support that helped him raise tens of millions of dollars for his campaign.
Paul has been added to the Louisiana ballot on the top of the Louisiana Taxpayers Party ticket with Barry Goldwater, Jr., a former Republican congressman from California and the son of the late Barry Goldwater, the Republican presidential nominee in 1964. October 12, 2008 Permalink
I've noticed lately that a lot of people seem to have discovered that Barack Obama is a socialist.
There's a lot of that going around.
Socialism, I mean.
The only politician that I know of on the national scene who is definitely not a socialist is Texas congressman Ron Paul. And look where that got him. During the presidential primary campaign Paul was treated as a laughingstock by his fellow Republicans for such stances as his call for young people to be permitted to opt out of Social Security. October 11, 2008 Permalink
Our educational resources are now available. They're intended for everyone: beginners will get a sense of the basic things they should read, watch, or listen to; more advanced students of these subjects will find recommendations for resources that will add to their knowledge as well. October 11, 2008 Permalink
"Not only have we continued the Campaign for Liberty, but all of a sudden, it seems that our views have caught on,"
Paul's views, shared by the candidates, include support for a limited, constitutional government, increased fiscal responsibility by disbanding whole government departments, social responsibility and economic and personal liberty. They believe in sound money policies to replace the factional-reserve banking system that they say allows financial institutions to manipulate the value of the dollar. October 11, 2008 Permalink
But though the congressional candidates had their applause lines, the crowd was there for Paul, who was given a minute-long standing ovation when he walked into the gym.
Paul praised the young people who had gotten involved in his campaign and told them to "study hard" so they would be able to defend free-market philosophies. "A revolution is coming," he said. "It's stirring in the land." October 11, 2008 Permalink
"Rescue Plan is not good"
"Socializing the entire financial system"
"I'm worried about this weekend" "The dollar hegemony is ending" "They are going to take over all private ownership"
Some are blaming the economic crisis on capitalism, and saying this is the end of capitalism. Is it? Ron Paul gives us his thoughts. October 10, 2008 Permalink
Part 1 HERE Conservative Congressman Ron Paul discusses the AIG and credit market bailout. He also discusses Congressional oversight on the use of the funds and the possibility that this will only lead to more problems later. He calls it Socialism and a bad monetary policy.
In Part 3 of our interview with Congressman Ron Paul, he addresses the presidential candidates, a possible cabinet post and the confidence of Americans in the economy. October 10, 2008 Permalink
Treasury Secretary Henry Paulson announced this evening that the federal government will, for the first time, buy direct, preferred stock in US banking firms using "social capital."
Dr. Ron Paul was called by FOX Business after the press conference to give his opinion. The good doctor was clear and unambiguous in his condemnation of this plan calling it socialism and referring to Paulson and Bernanke as socialists planners grabbing power in a soft coup. He also predicted the end of the current international fiat money regime. October 10, 2008 Permalink
As I've noted before, I supported Texas Congressman Ron Paul in the Republican presidential primary. He was the sole contender who embraced - or even understood - the philosophy that was mainstream in the GOP during my youth. I call it simply "conservatism," but these days it's necessary to call it "paleo" (old) conservatism to distinguish it from the new or "neo" conservatism of McCain and Palin.
But Paul lost out to John McCain. Fair enough. I could have held my nose and voted for McCain as the lesser of two evils. All he had to was open the "big tent" and invite Paul in. But McCain went out of his way to make it clear he didn't want the votes of paleoconservatives by effectively excluding Paul from the GOP convention. Meanwhile he gave a speaking slot to ultraliberal Joe Lieberman
So I'm taking Ron Paul's advice and going outside the two-party system this year. Paul proposes that right-wingers vote for either the Libertarian Party or the Constitution Party, and I second that motion.
In a close election like the 2000 race, the third-party guy might have enough votes to become the king-maker. That would be fun. I can just imagine Ron Paul controlling 20 electoral votes with the remaining votes split evenly between McCain and Obama. And I can imagine McCain getting down on his hands and knees going to Paul and begging his forgiveness for the rudeness and stupidity of his remarks during the primaries.
That's such a pleasant image that I think I'll stop right here and savor it for a while. October 10, 2008 Permalink
"And that seems to be the real eye opener right now because the way the markets are acting," said Paul, who was against the Emergency Economic Stabilization Act of 2008 - the bailout legislation passed by Congress last week. "They have no right to steel from you to give to a bunch of rich bankers." October 10, 2008 Permalink