In his latest column Ron Paul reminds us that freedom is our strength, while government is our weakness. Those who announce grand plans to build roads and bridges and banks and jobs and wind farms can only do so with our money as they do not own any real assets. All they can do is take, and meddle with, and redistribute the wealth that is already ours, claim credit if it works and blame the “market” if it doesn’t.
Strengthening or Weakening the Economy?
by Ron Paul
The economic situation continues to deteriorate this week as past and future bailouts were discussed on Capitol Hill. The debate was over the accountability of already disbursed TARP money, and on whether or not to release remaining funds. Banks that had already been bailed out before are looking for more money to fill the black holes that are their balance sheets, warning that they are simply too big to fail. However, whatever ‘devastating’ consequences these banks are dreaming up and pushing on Capitol Hill regarding their own collapse will be nothing compared to the collapse of our currency if we keep debasing it through these foolish bailouts. It should be that they are too big to bailout. The world will not come to an end without this or that bank. The most troubling thing to me is this rhetoric that only government can save the economy, and must act. This is so counter-productive.
We must ask ourselves what strengthens this country, and what weakens it.
Government is a monumental drag on this economy. Government at all levels currently absorbs about 35-40 percent of GDP, which is still not enough for its voracious appetite. While productivity is already overtaxed, the government routinely spends more than it takes in and makes up for the shortfall by constantly borrowing or debasing our dollars through inflation. It pains me to think of all the opportunities for productive economic growth we have given up simply because our government is super-sized instead of Constitution-sized. There are just a few constitutionally sanctioned activities for government to engage in, but it is so overstretched with unconstitutional encroachments that what it is legitimately supposed to do, it does very badly. And yet we are to believe the solution to our problems is to make government bigger. On the contrary, government makes our problems bigger. The central bank’s meddling with monetary policy led to overheated lending, and now massive defaults. The government used manipulative tax policy to distort the housing market which has had many unintended consequences, and here we are. Government is quick to enact and slow to correct bad policy. Yet in spite of government’s failures, it flourishes and grows, thanks to the continual bailouts from the unwitting taxpayer.
Big government has been tried and has failed miserably. What we need now is small government, and freedom. We need the freedom to pull ourselves up by our own bootstraps again, as we traditionally do in this country. But try to start a business or charity today, and you will understand how little economic freedom we really have left. Freedom, not government, made this the land of opportunity. Freedom laid the foundation that catapulted us to becoming the strongest economic power in the world. The American people are strong and capable. We can pull ourselves out of this mess. All we need is for the nanny-state to get out of the way and allow us to do it. Freedom is our strength, government is our weakness. Only by recognizing this and unleashing our strengths will we solve the problems we face today.
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I am newer convert to Ron Paul and the liberty movement. Our Labor Union recently broke tradition and put up a face book account. Boeing / IAM 751.
My question, I have been attacked on numerous occassions by people saying Ron Paul hates unions, point 2, he crossed a picket line somewhere maybe Wal Mart? Have no clue, I understand why and how Ron is oppossed to socialism with tax dollars. At the same time is he oppossed to labor unions that confine their interests to safety, environmental and wages hours and working conditions? I would think not as Corporate America in many ways has raped this country in more ways then one. I see labor unions as a necessity to balance power between the have and have nots. Freedom promotes bottom up control, labor can and does do this, they also can be top down if let go out of control.
Can labor over step, YES. Have they gone too far…sometimes yes, not as far as what has been done to us by Corp America though. Help me answer or better understand Ron’s position on labor so I can win more people over to the liberty movement.
I know why I switched, for liberty, freedom, based on solid sacred ground and wisdom of our forefathers, to end the Fed etc truth! Greater moral ground etc.
Yet I still feel there is definitely a place for labor here. Help me find better understanding of Dr Pauls true position.
dgrinde@yahoo.com or blog at rankandfilefreedom.blogspot.com
Don Grinde
»crosslinked«
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What Can we common Poeple do about the Bailout? Nothing.. we just have to wait and see if the company comes up and develops new cars and prototypes to please the americal consumer
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“Human Rights” are for human beings. Are you a human being?
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I will enjoy my “Civil Liberty” which is actually the phrased I wrote, and the rights that all men are given when they are born. “God’s” law has been misinterpreted by men throughout all ages causing travesties in “God’s” name which would not be condoned by any “God.” He are some other misinterpreted “laws” given to us by men in “God’s” name that I expect you take very literally as the other passages you showed me.
“If your hand causes you to sin, cut it off. It is better for you to enter into life maimed, rather than having two hands, to go to hell, into the fire that shall never be quenched.” Mark 9:43
“Women should be silent in the churches, for they are not permitted to speak, but should be submissive, as the law also says.” 1 Corinthians 14:34
I would encourage some common sense. Civil Liberties as provided to us by MAN in the constitution and the basic HUMAN RIGHTS which should be guaranteed to every human being are “God Given” if you want to go that far and should be respected without any religious affiliation.
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