Why Ron Paul didn’t run as a Libertarian or Independent
Q: Even before the primaries, you said you would not run in the general election. Why specifically did you not run?
A: I was running for the Republican nomination, and I would have run in the general if I had won. I had little interest in running third party due to the inherent biases against such efforts. I also signed legally binding agreements not run third party in 2008 if I failed to win the G.O.P. primary. That was the cost for ballot access in several states, 11 total I believe. So even I had wanted to, it would not have been possible to run in the general after I lost the primary.
Steps Ron Paul Would Immediately Take to Heal the Economy
Q: What would your plans for economic stimulation look like during this slumping economy?
A: […] During the presidential campaign, I released the following four-point plan, and would stick by it while at the same time listening to experts for advice on how to improve it:
The Four-Point Plan
1) Tax Reform: Reduce the tax burden and eliminate taxes that punish investment and savings, including job-killing corporate taxes.
2) Spending Reform: Eliminate wasteful spending. Reduce overseas commitments. Freeze all non-defense, non-entitlement spending at current levels.
3) Monetary Policy Reform: Expand openness at the Federal Reserve and require the Fed to televise its meetings. Return value to our money.
4) Regulatory Reform: Repeal Sarbanes-Oxley regulations that push companies to seek capital outside of U.S. markets. Stop restricting community banks from fostering local economic growth.
Additional Changes To Avoid Collapse And Institute Reforms
Q: Do you believe that it is possible to make positive incremental changes to our monetary policy, entitlements, taxes, etc. within the system, or is it just a matter of waiting for failure and then coming in with a solution?
A: Yes, I do believe we can make successful changes. And I want to start making those changes now so that we can avoid a devastating collapse. But we need to start quickly before it’s too late. If we can cut spending and balance budgets, beginning with our overseas expenditures, we can do a lot to fix this mess. We also need monetary reform. I would begin with the incremental step of repealing legal-tender laws and legalizing the use of gold and silver to act as a currency alongside the dollar. That would help stabilize the dollar and strengthen our monetary system.
Monetary Reform and Auditing the Fed
Q: What is the first thing the country should do about its monetary policy?
A: We should immediately audit the Federal Reserve. I am the ranking member of the Monetary Policy subcommittee in the U.S. Congress, yet I can get more information about the internal workings of the C.I.A. than I can about our central bank. This secrecy is fundamentally wrong, and I believe that people from all over the ideological political spectrum can agree on that.
Ron Paul’s Foreign Policy
Q: What role should the United States play on the world scene?
A: I believe we should treat everyone the same. We should be friends with all willing parties, talk and trade with everyone we can, have diplomacy, and travel. At the same time, we should not subsidize foreign governments with money or weapons; this comes back to hurt us more times than not. We should not have separate and different policies for Europeans or Latin America, Israelis or Palestinians. We should set a good example here at home and stay out of the internal affairs of other countries.
Ron Paul, The Reluctant Politician
Q: Will you run for a leadership position in the House Republican caucus?
A: I have no plans to do so. I don’t cut deals and trade votes, which is exactly what a role like that requires.
Ron Paul on Abolishing the Income Tax
Q: What are your thoughts on abolishing America’s income tax and switching over to a consumption tax such as the fair tax?
A: I want to abolish the income tax, but I don’t want to replace it with anything. About 45 percent of all federal revenue comes from the personal income tax. That means that about 55 percent — over half of all revenue — comes from other sources, like excise taxes, fees, and corporate taxes.
We could eliminate the income tax, replace it with nothing, and still fund the same level of big government we had in the late 1990’s. We don’t need to “replace” the income tax at all. I see a consumption tax as being a little better than the personal income tax, and I would vote for the Fair-Tax if it came up in the House of Representatives, but it is not my goal. We can do better.
Ron Paul on Global Warming: Greenland was once green
Q: Do you deny global warming? Is Obama right to invest money in green technology? If you don’t deny it, and don’t think Obama is right, what is your solution?
A:[…] Clearly there is something afoot. The question is: Is the upward fluctuation in temperature man-made or part of a natural phenomenon. Geological records indicate that in the 12th century, Earth experienced a warming period during which Greenland was literally green and served as rich farmland for Nordic peoples. There was then a mini ice age, the polar ice caps grew, and the once-thriving population of Greenland was virtually wiped out.
It is clear that the earth experiences natural cycles in temperature. However, science shows that human activity probably does play a role in stimulating the current fluctuations.
The question is: how much? Rather than taking a “sky is falling” approach, I think there are common-sense steps we can take to cut emissions and preserve our environment. I am, after all, a conservative and seek to conserve not just American traditions and our Constitution, but our natural resources as well.
Ron Paul on the 2008 Presidential Campaign
Q: What do you think were your biggest mistakes in the primary race, and what would you now do differently?
A: I was always pessimistic and never thought we would get to where we did. My regret is that we couldn’t see how quickly things would grow and were not adequately prepared for the explosion in money and support when they came. There are dozens, hundreds of things we could have done better, but we all worked hard and did our best. And I know we built something that will only get stronger in the years to come.
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