Date: 10/09/2010
Transcript
Judge Napolitano: Washington constitutional icon Ron Paul understands the danger of government better than almost anybody else in Washington. He says the election on November 2nd – just about 3 weeks from now – is so crucial to the future of our republic. Congressman Ron Paul joins us now, Dr. Paul, it’s a pleasure, welcome. You have said…
Ron Paul: Thank you very much.
Judge Napolitano: That we may very well be on the verge of a revolution, do you mean this in a good way or a bad way? Are horrible things about to happen or terrific things about to happen in the relationship between the government to individuals.
Ron Paul: Well I think the revolution is inevitable, I think we’re in the early stages. I think it can be very good and I work on the assumption that we can keep it good, but I do not believe the revolution will go without a lot of turmoil. Because I’m expecting more financial trouble, a dollar breakdown and a lot of bills that won’t get paid, the checks are going to bounce. But on the positive side, the Tea Party Movement and what’s going on in the universities with the young people, the interest in Austrian economics, the interest in curtailing the power of the Fed, this is all very encouraging, and because of our traditions I believe we can come out of this doing quite well. We just have to admit the fallacies of the system that we have. We have to admit the Keynesianism and socialism and welfarism and inflationism doesn’t work. And once we do that, our solution is going to be relatively easy.
Judge Napolitano: Aren’t we sort of caught in a box? I mean even if the Republicans take over the House and the Republicans including perhaps your son Rand, take over the Senate. For example, the financial regulatory bill, the so called Dodd-Frank Bill that everybody abbreviates by calling it FinReg, that’s essentially managed and essentially paid for by the Fed, by the Federal Reserve. So a Republican Congress couldn’t even defund that if it wanted to, right?
Ron Paul: I think that’s irrelevant at this point because we’re not going to reverse it systematically, we’re going to reverse it and replace what we have in a dramatic event. You are well aware of what’s going with nullification.
Judge Napolitano: Right.
Ron Paul: They have a law in California dealing with marijuana. Well, they’ve essentially nullified that, and it’s going to continue, so there are going to be a lot of laws like this, and if the checks bounce, the states are going to assume responsibility for themselves just as individuals will and things will work out. But we need eventually though to have people in Washington that will restore and believe in these values of limited government and balanced budgets, honest money and all these things that made America great.
But no, I don’t think Congress is going to change right after this election and we’re going to have a few more Republicans and all of a sudden these laws are going to be reversed, no. But the momentum then I think will go back in our direction, at least that’s what I’m hoping for and that’s what I’m working for.
Judge Napolitano: Alright, you said that we may be on the verge of a Soviet style collapse. Now when the Soviet Union collapsed, basically the countries it had subsumed before, during and after World War 2, broke away and became separate and independent countries. Some of them with tremendously free markets that became the engine of great prosperity. Do you think that some of the states of the United States of America might very well say to Washington “It’s your problem, stay out, we don’t want to have anything to do with you, we’ll survive on our own.”
Ron Paul: We’re going to have a lot of that, and that should get better, and that’s what we really have to work on. But what I’m referring to is the giving up of our empire. The Soviets literally gave up their empire, and we will, for financial reasons, we won’t be allowed to have a presence in the Middle East, we won’t be allowed to… we won’t be capable of paying for the troops in Japan and Germany and doing all these things. And that to me will be good. We will draw back, take care of ourselves, take care of our borders, take care of producing wealth here, bring the jobs back, get taxes down low and balanced budgets and that will be good.
So yes, it will be reversed but I do not foresee that the states will become independent, but more independent than they are now, they will have to give their dependence on the Federal Government and they will, because the Federal Government will be proven totally inept, they will have ruined our system, they will have ruined the welfare system. Unfortunately they will have ruined the corporate welfare system as well as the foreign welfare system, and we should plan on that and see this as a good thing and a good opportunity for us to do something simplistic, like, why don’t we obey the Constitution? And that will solve…
Judge Napolitano: Keep defending that Constitution and sound money, Congressman Paul, thanks very much for joining us.
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America needs Ron Paul in 2012 but in the mean while the revolution is up to us. Start by strategically defaulting on your mortgage. Credit card bills either. Do not pay your property taxes either if neccesary. Utilities either. If we all do this we will have a powerful voice. Get a generator. Start stocking up on battery lanterns and water and other necceseties now Make sure you have guns and bullets to defend your homes.
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He seems to me a very intelligent man. If i was an American i would vote for this guy.
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How come the libertarian republican did not make a stink when Bush was in. The right wing has had power in congress for many years before. How come they did not make any changes then? Because the collect from the power brokers…
This people are full of crap..either you accept a democratic governmen or you will have fascism in AMerica with Black Water running in the street.
Now that Obama is there they are all frantic, Paul had time to make changes in 30 years in congress…now is awake.
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what is mr paul’s plans for 2012? 3rd party running or as republican again? and what’s his son’s role going to be in future usa politics?
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I see Dr. Paul as an intellectual leader, not a political candidate. There is no political solution to political problems. The government has exhibited absolutely zero ability to deal realistically with ANYTHING.
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Out of the Middle East? Not if the traitors who control every aspect of American society have their way. Just a few short months ago, over three hundred members of our elected congress pledged allegiance to a foreign country- a country who murdered 34 US sailors in 1967, almost certainly had involvement in the 9/11 plot and who many now suspect may have had a hand in the JFK assassination. Their takeover of America’s institutions took the better part of the 20th century. I doubt it will change.
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Ron Paul supports deregulation and free trade, which is the real cause of the crisis. The monetary inflation is just an answer to the crisis, not the primary cause. All the money ends up in China, that’s why they have to keep printing dollars. I don’t see Ron Paul as an advocate for social justice, he just preaches his Milton Friedman ‘survival of the fittest’ doctrine which will the death warrant of all democratic societies.
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Ronnie Hood, takes from the rich, but doesn’t give to the poor. He gives the poor the opportunity to live a free life without government telling you how to spend your money, worship, etc.
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Love to Ron Paul, from Canada! =)
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Ron Paul/Peter Schiff 2012!!!
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I wonder why the Judge and Ron Paul are allowed on FOX to speak truth. They even let Alex Jones on to talk about 9/11 conspiracy at one time. I like what Ron Paul says and his views but FOX is owned by the zionist Murdoch as is Alex Jones whose parent company is owned by a zionist and his Sirius channel also run by zionist. Are we being set up to vote in the person who will bring down the FED only to have it replaced by a global banking system with interrelated curriences back by gold again.
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From Canada…….please vote Ron Paul.
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I love you Ron Paul………Pure and Honest. Brutal.
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The US and Soviet Union were ‘false’ superpowers created out the vaccume of ww2, it was never going to last.
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ron paul and jesse ventura 2012 for me
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does anyone know where i can get all of Ron Paul’s books translated into german
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His goal is to try and take away the top of the pyramid (the fed), and leave the remainder of the pyramid intact with competing banks and currencies ffs. Will that destroy the pyramid?? NO
Mathematically Perfected Economy (our mandate) will take away the whole pyramid from top to base.
The interest on OUR Medium of Exchange being issued (at whatever rate) is the whole damn problem. No point (and less time) to debate the current interest (strategy) cycle which is the sole problem of our pretended economy and we need to get rid of.
So if it is in your sincere interest to offer solution why is it then that you are not offering any? Even worse, you are just offering more of the same to keep the current terminal system running.
WHY?
Because any purported economy subject to interest will terminate itself under insoluble debt. As interest multiplies debt in proportion to a circulation, ever more of every existing dollar is dedicated to servicing multiplying debt, and ever less of every existing dollar can be dedicated to sustaining the commerce which is obligated to service the multiplying debt. Everything around you can be understood from the obvious consequences.
There is only one viable solution:
As this is the very set of principles — and the only set of principles which ensure the immutable value of money across its lifespan — a perpetual 1:1:1 relationship between remaining value, remaining *obligation*, and currency in circulation —.
Just do the math. Think outside the box you were conditioned in. It will be an eye opener.
WE DO NOT NEED BANKS
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The best thing Ron Paul could do is to remove himself from the Tea Party movement. Social conservatism and economic liberalism don’t make sense: either the government stays out of the lives of citizens or it infringes. One or the other!
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Mr. Paul is wrong on every count when it comes to (monetary) solution.
Effectively, what Mr. Paul want is to remove the embossed letters which now say “Federal Reserve Bank,” and replace them with “Ron Paul’s ‘COMPETING’ Bank(s)” — a principle which he refuses to debate, further define, or justify. Of course, any ostensible “competition” would ostensibly, on the contrary, drive interest rates down. But Mr. Paul tells us that we wouldn’t have borrowed ourselves into this debt mess if higher rates of interest had discouraged excessive/reckless borrowing.
Mr. Paul has never done the math: he tells you that all of you are going to benefit somehow therefore — oh and we so willingly believe this preposterous notion, don’t we? — he tells us we will benefit paying perhaps 17% interest on our homes than 5%. Sounds really like a good idea, doesn’t it? Especially since the rate of interest is the rate of multiplication of artificial indebtedness — higher rates of which instead necessitate greater rates of borrowing to maintain a vital circulation.
Unfortunately, most people who exalt Austrian “economics” hardly know the first thing about it. They reject math — most of which is little more than counting — as if you could understand otherwise; and they could have possibly determined solution otherwise. In no legitimate discipline or walk of life does such reckless abandonment of principle hold.
But Mr. Hayek, God of the Austrians tells us why they advocate interest and the current banking model — which are our very problem. See Hayek’s article at Mises org: “A Free Market Monetary System,” I think it’s called. Anyway, he thus justifies interest, that it makes banking “an extremely profitable business.”
That’s right. There IS no justification, just an outright confession of the motive.
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Sloganizing the issues — Purported solution on the cheap for the sheep.
Good for you, you memorized that senseless crap
Go buy a T-shirt!
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Ron Paul 2012!
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But Mr. Hayek, God of the Austrians tells us why they advocate interest and the current banking model — which are our very problem. See Hayek’s article at Mises org: “A Free Market Monetary System,” I think it’s called. Anyway, he thus justifies interest, that it makes banking “an extremely profitable business.”
That’s right. There IS no justification, just an outright confession of the motive.
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Effectively, what Mr. Paul want is to remove the embossed letters which now say “Federal Reserve Bank,” and replace them with “Ron Paul’s ‘COMPETING’ Bank(s)” — a principle which he refuses to debate, further define, or justify. Of course, any ostensible “competition” would ostensibly, on the contrary, drive interest rates down. But Mr. Paul tells us that we wouldn’t have borrowed ourselves into this debt mess if higher rates of interest had discouraged excessive/reckless borrowing.
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Sloganizing the issues — Purported solution on the cheap for the sheep.
Good for you, you memorized that senseless crap.
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Paul and The Judge, thats the ticket for 2012
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+ 24.10
Ron Paul 2012 – support from U.K!
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I was a fool and believed that Obama would bring the world a different US than Bush did.
I’m very careful about believing in Ron Paul, but I must say, he does make alot of sense and he’s not that good at talking (like Obama), so the info gets through in a more clear manner.
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I hope that Ron Paul becomes your president 2012, Greetings From Finland!!
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Viva Ron Paul!
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Sloganizing the issues — Purported solution on the cheap for the sheep.
Good for you, you memorized that senseless crap
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Ron paul has integrety, something it seems politicians either come without or lose during the first few months of navigating the corridors of power.
As for him being president. Completely unrealistic. Politics is like a popularity contest, and he goes against too many tribal rules within our society. And also the average voter does not aquire the information to vote for the best candidate. Most vote for the best marketed one because it gives them the illusion of an informed choice.
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Ron Paul for US president 2012. Love from Palestine
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Ron Paul 2012 – support from New Zealand!
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DIXIELAND!!!
RP 2012
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greetings from Australia. Please America, vote for Ron Paul. He’s the saviour of America and the rest of the world!
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Democrat here, Full Supporter of Ron Paul 2012
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