Ron Paul: America on the Road to Serfdom

Transcript

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John Stossel: Serf, anyway, well in medieval times the serfs were peasants who worked the land but could never own their land or really prosper because most everything they produced was essentially confiscated by their controllers, the Aristocracy and that is what’s happening today. So as presidential candidate Ron Paul except today’s Aristocracy is the government and the political class and as it grows, it turns us into serfs, so really Congressman, serfs?

Ron Paul: I think so, I think we give more to the government now than the serfs had to give to their government. But it’s more deceitful now because people still think they own their land and they own their life but they have to work hard and turn most of it over to the government. So no, I think he was on to something, matter of fact the road to serfdom was probably the first serious economic book that I read, he was the one that got me interested and I felt very fortunate that on one visit he had in the early 1980s to Washington DC, I was fortunate enough to have dinner with him, so I feel an attachment to him intellectually. He was absolutely right on the road to serfdom, so we’re in serious trouble and if we don’t take good advice from economists like Hayek, things are going to get a lot worse, the serfdom that we are suffering from is going to get much worse and there’s going to be a lot more people suffering the consequences.

John Stossel: And you talked about how maybe we give more to the government than even the serfs did, it makes me think of the Bible which says the Israelites wanted a King and they were told “you don’t want a King, he’ll take 10% of your grain” 10% would be good now, now we’re paying 40% state and local included.

Ron Paul: Yes and that was in 1st Samuel in Chapter 8 and he talked about taxation and dependency and taking young people and young men and women and using for the benefit of the king and fighting unnecessary wars, so I think even Samuel knew something about the road to serfdom as well.

John Stossel: I think most Americans would say “we’re not serfs and we want to take care of people, we’re a rich country, we can afford to help people.”

Ron Paul: And for a long time we were, we had so much wealth was produced by the freedoms that we did have, then we lived off what we had saved and we lived off our image, now we live off our military power which conveys strength, but we also live off the fact that there’s still a lot of trust is us and hope for us and they still allow us to print money endlessly. But common sense tells us that you cannot prevail by believing this myth that you can create wealth out of thin air that spending is good and debt is beneficial.

John Stossel: You’re personally finding some of the spending, you just returned $141,000 in unspent office funds to the treasury toward paying down the debt, it’s a step in the right direction. Why don’t other politicians do that? Have any others done that?

Ron Paul: I would think so but I don’t know exactly of money talks in Washington and we pretend that we are going to take care of people, it’s all based on good intentions, that we’re rich enough, we can take care of everybody but most people don’t realize if really care and if you’re really compassionate, you’ll defend the cause of liberty because it is liberty and free markets and sound money and property rights creates the wealth, then we’d all be better off if we endorse those views.

John Stossel: Thank you Dr. Ron.

  • AlabamaAnarchy

    watch?v=6AI6lQl48hc&feature=channel_video_title

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  • nvsyru

    Ron Paul is extremely popular – judging by the likes and dislikes of every video of him speaking during interviews, which he candidly replies in detail.

    Michele Bachmann, on the other hand, does not even allow comments or likes & dislikes, but has her team disable comments and ratings. If you have any doubt – watch?v=ixs27-xUSRA&feature=pyv

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  • captkirkconnell

    slave owners and serf owners always are certain that they do what is best for the slaves. The slaves/tax payers can not survive without the guidance and “care” of the owners. They feel and beleive they are MASTERS.

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  • innulja

    Ron Paul for president!!

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  • tipsy3T

    Don’t like him. As a person working in big business, i think hes too much anti corruption and will be a threat to the corporations that I work for. Our industry makes too much money from the ignorant stupid public and why should that change? Survival of the fittest.

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    • Stefan C. Kosikowski

      Why would any ligitimate business fear a message against corruption?

      Answer: They would not for eliminating corruption only harms the corrupt and aids the virtuous over time.

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  • Joeybagadounuts08

    I’ve been following Paul and supporting him for years. Looking into his ideology, it seems that what he supports perpetuates what he is against. I mean, isn’t it corporate run politics corrupting our society? Isn’t it corporations that get away with murder? How is unleashing corporate reign going to help? Is it that government is innately bad, or is government just not doing their job? Can someone help me understand? I agree with Paul on many issues, but wonder where the line is drawn.

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  • eurohim

    “We’re paying 40%, state and local included.” Let’s not forget that everything we buy is more expensive than it would otherwise be because there are so many layers of taxes on every little part before it gets to you. Also, inflation, devaluing the money you already have.

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  • whatupwiththatdog

    Paul is careful not to play all his cards….his intelligence is to be admired his restraint divine

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  • a4finger

    John Stossel and Ron Paul are so great.
    Ron Paul for President 2012!

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  • TheJgillman

    John Stossel gets it. Why don’t more media folks from Harvard and Yale have an interest in decentralization and humane individualism?

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  • Lechteron

    I like how Stossel brought up 1 Samuel 8. I recently came to realize some thing with that. It wasn’t the amount that was the issue (Any amount would be theft) but a tenth was used because it was the same as the tithe. Essentially God through Samuel was telling the Israelites that the kings (And it applies to any state really) will try to set themselves up as their god. What state doesn’t try to force loyalty and devotion on it’s slaves?

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  • Lechteron

    I know why he’s using the word “serf” but that’s not the right word. The proper word is “slave”.

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    • http://www.iiliiwto.blogspot.com Hal Roberts

      Slaves were given room and board.

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  • britpatRIOT100

    I told you where I got the information so again nowandfuturesdotcom/taxes.htm. I went to the website and checked out what you meant. That only gives information on the top statutory rate, and is only based on income tax not all the other taxes you have to pay. As I said 54.4 % on average in U.S of total earnings is tax, in the U.K it is around 53% now if that is not serfdom I do not know what is.

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  • Nonbelieverification

    To pay 20% tax like the Serfs did is nothing. Stop complaining. Everyone pay’s tax…Americans do not pay that much.

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  • John20xd6

    Wow he knew exactly where that passage in the Bible was…dang I should know that…

    He is a smart guy…

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  • RoflmaoAtSheepeople

    Mr paul I cant wait to vote for you.Sir its never happened like this befor maybe just maybe we as a people we can get thought this one you are the man in 2012 Its long past time for a 3 rd party!! God save the good old USA

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  • BONEKILL666

    I love you Ron Paul

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  • thejohnmalkovich

    URGENT: Time magazine’s baracketology results scam-Romney’s bar on the chart is CLOSE TO 40% higher than what it should be! 542 pixel height of bar represents 55.3% Ron Paul. 465 pixel height of bar represents 34.1% Romney. If 542 pixels (Ron Paul’s bar) represents 55.3%, then every percent is 9.8010849909584086799276672694394 pixels. So, if they hadn’t scammed Ron Paul, Romney’s bar should be NOT 542 pixels high, but only 334 pixels!!! MAKE THIS VIRAL!

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  • disclosurenow9

    Llyoyd Blankfein didn’t like this video, or Ron Paul, He thinks you should work harder for less.

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  • jfreedom

    I totally agree that this country is screwed up. Where do “We the People” begin to try to turn it around?

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