Transcript
Larry Kudlow: For an exclusive interview, Texas Republican Congressman Ron Paul, who by the way, is not only a presidential hopeful, but finished a very close second in the recent Iowa straw poll. Congressman Paul, as always Sir, welcome back to the program. I want to get your take on what Governor Rick Perry said today. “Almost treacherous or treasonous” regarding Ben Bernanke. What’s your thoughts, Sir?
Ron Paul: Those are pretty strong words. But you know, the founders felt pretty strongly about counterfeiting. I wouldn’t call it treasonous but I would call what our Federal Reserve does morally equivalent to counterfeiting because they create money out of thin air and they give us our problems.
In 1792, when they had the first Coinage Act, they thought so strongly about this issue, they invoked a death penalty for people who were counterfeiters. So, they never liked this idea of counterfeiting. And they did not believe we had the right to emit bills of credit. So, I like this issue. To me, the fascinating thing is that the Governor comes into the race, he gets a lot of attention. And on the first day out, they ask him about the Federal Reserve. This hasn’t been done, maybe ever. So, I would say monetary policy…
Larry Kudlow: So, monetary policy is front and center in this presidential race, which is probably where it ought to have been. Now, you, Sir, have always been a strong opponent of devaluation and money printing. Is Governor Rick Perry onto something here?
Ron Paul: I think, politically, he’s pretty astute. He came out for secession too when he had a Tea Party candidate running against him. So, no, he’s pretty good. But I have no idea what his monetary policy issues are, what is real principles are. But I do know that the fact that he came out and didn’t say: “Hey, lay off the Fed. The Fed’s my friend.” Which means it’s a turning on this whole issue of monetary policy. And you’re right. I was motivated in the 1970s because the handwriting was written on the wall for me forty years ago. We just sort of celebrated that date forty years ago when the Bretton Woods ended. So, that was a signal to me that the dollar was doomed.
Just look now: it used to be 1/35th of an ounce of gold, now it’s almost 1/1800th of an ounce of gold. So, we have a very weak currency and, Larry, I agree with you wholeheartedly. You need a strong currency. This whole idea that a weak currency is healthy for the economy – you need a strong currency but you need to invite capital. If you’re not going to allow the press to mess up the deal with capital and pretend they can get capital out of a printing press, you got to get our capital back home. Which means you’ve got to get rid of these taxes on capital. And then I think we could thrive again. But we’re not on the verge of doing it.
But I think we’re going in the right direction because we are talking about reducing capital gains taxes and taxes on corporations. Texas has done better because we’ve never had an income tax on our corporations. They’re all for individuals and I think that’s very, very good.
Larry Kudlow: And, Congressman, let me just ask you. Another one of your opponents in the presidential sweepstakes is Governor Mitt Romney. Now, I’m not taking sides here. I just want to note, when I interviewed Governor Romney back in April, I asked him specifically about Federal Reserve policies, about QE2, and I asked him about dollar depreciation. I played the clip earlier, I’m sorry you missed it. But Mr. Romney, Governor Romney, defended Ben Bernanke. What’s your comment on that?
Ron Paul: Well, that would tell you where he’s coming from as a very establishment economic position. And, therefore, he wouldn’t be arguing the case for hard money, or sound money, or a strong currency. But that view may change, who knows. I think the country is changing. And they’re putting more emphasis on monetary policy. And eventually they’re going to come around to believing a strong currency is the most important. But I don’t know. I’ve never discussed it with Mr. Romney about his monetary policies.
Larry Kudlow: All right, Congressman Ron Paul. We appreciate you…
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I just don’t think we can VOTE our way out of this, because the republic is not a democracy, but rather the other way around– i.e. the people only get to choose our elite rulers, but they’ve accepted that this somehow still makes them the OWNERS of the country.
In reality, however, each state is still a sovereign nation unto ITSELF, dating back to the Paris Peace Treaty of 1783– a fact which was denied and suppressed under the Jackson and Lincoln administrations, and ever since.
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Agree but what are the options’
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Whatever, they still just don’t wake up in the middle of the night and suddenly decide to grow brains.
And Hell, we got the whole right-wing media claiming that Ron Paul is “going to let Iran get nukes;” that kind of thing doesn’t really win the Republican primary… and if he loses that, he loses the election.
»crosslinked«
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Whatever, they still just don’t wake up in the middle of the night and suddenly decide to grow brains.
And Hell, we got the whole right-wing media claiming that Ron Paul is “going to let Iran get nukes;” that kind of thing doesn’t really win the Republican primary… and if he loses that, he loses the election.
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People make reality not other way around.
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My point is that we have to STAY REALISTIC regarding people’s mentality, and who they’re seriously CAPABLE of voting for.
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My point is that we have to STAY REALISTIC regarding people’s mentality, and who they’re seriously CAPABLE of voting for.
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My point is that we have to STAY REALISTIC regarding people’s mentality, and who they’re seriously CAPABLE of voting for.
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My point is that we have to STAY REALISTIC regarding people’s mentality, and who they’re seriously CAPABLE of voting for.
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What is your point?To vote for Romney?
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You’re the one claiming to spin straw into gold, and costing everyone’s their firstborn as payment.
Go stamp your little feet and fall through the floor, little man… I know your name.
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You’re the one claiming to spin straw into gold, and costing everyone’s their firstborn as payment.
Go stamp your little feet and fall through the floor, little man… I know your name.
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I wouldn’t offer you a damn thing. You are insulting me because you know that I can shoot down your ideas. Go play Rumpelstiltskin with someone else.
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I don’t want any of your kool-aid Reverend Jones…. although that’s an insult to him, since he wasn’t looking to drag anyone along with his cult, like you are going to drag the country down with your ignorance.
This isn’t about “values,” we’re all in the same fucking boat, so pardon me for not looking the other way while you ram icebergs and all the lifeboats are full.
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I don’t want any of your kool-aid Reverend Jones…. although that’s an insult to him, since he wasn’t looking to drag anyone along with his cult, like you are going to drag the country down with your ignorance.
This isn’t about “values,” we’re all in the same fucking boat, so pardon me for not looking the other way while you ram icebergs and all the lifeboats are full.
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You look like you’re having a bad day. Go relax and drink some Koolaid, if you haven’t already done so. So who exactly are you touting for? What solid arguments have you provided? All I see is that you are out to rage on people who don’t have similar values as you do.
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Newsflash: youths gave us Buck-buck-BARACK! OBAMA!
Unless they all suddenly grew a CLUE in the last 4 years, expect more of the same.
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Newsflash: youths gave us Buck-buck-BARACK! OBAMA!
Unless they all suddenly grew a CLUE in the last 4 years, expect more of the same.
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Yeah, what do you think CREATED the fed?
The SAME OLIGARCHY THAT IS IN POWER TODAY.
Until the PEOPLE of the STATES re-claim their sovereignty as SUPREME RULERS– not simply peon-voters in some “national republic,” EXPECT MORE OF THE SAME.
Because that’s what you’ll GET.
We’re looking at a voter-base that gave us OBAMA THE WITLESS WONDER!
Do you really think those IDIOTS can give us RON PAUL in only four years?
NO, THEY CAN’T!
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Yeah, what do you think CREATED the fed?
The SAME OLIGARCHY THAT IS IN POWER TODAY.
Until the PEOPLE of the STATES re-claim their sovereignty as SUPREME RULERS– not simply peon-voters in some “national republic,” EXPECT MORE OF THE SAME.
Because that’s what you’ll GET.
We’re looking at a voter-base that gave us OBAMA THE WITLESS WONDER!
Do you really think those IDIOTS can give us RON PAUL in only four years?
NO, THEY CAN’T!
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“Note at 0:20: “The words of Rick Perry, ALMOST TREACHEROUS OR TREASONOUS.”
So as we all know, this proves here that the media has its own version of American history, where George Washington formed a nation in 1776 or whatever.
Right– and General Custer had the First Thanksgiving at Little Big Horn!
In the REAL world, the states formed a union of INDIVIDUAL SEPARATE nations, and ratified the Constitution by SECESSION form that Union!
So it was LINCOLN who was “treacherous and treasonous!”
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“Note at 0:20: “The words of Rick Perry, ALMOST TREACHEROUS OR TREASONOUS.”
So as we all know, this proves here that the media has its own version of American history, where George Washington formed a nation in 1776 or whatever.
Right– and General Custer had the First Thanksgiving at Little Big Horn!
In the REAL world, the states formed a union of INDIVIDUAL SEPARATE nations, and ratified the Constitution by SECESSION form that Union!
So it was LINCOLN who was “treacherous and treasonous!”
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“Note at 0:20: “The words of Rick Perry, ALMOST TREACHEROUS OR TREASONOUS.”
So as we all know, this proves here that the media has its own version of American history, where George Washington formed a nation in 1776 or whatever.
Right– and General Custer had the First Thanksgiving at Little Big Horn!
In the REAL world, the states formed a union of INDIVIDUAL SEPARATE nations, and ratified the Constitution by SECESSION form that Union!
So it was LINCOLN who was “treacherous and treasonous!”
Report this comment
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“Note at 0:20: “The words of Rick Perry, ALMOST TREACHEROUS OR TREASONOUS.”
So as we all know, this proves here that the media has its own version of American history, where George Washington formed a nation in 1776 or whatever.
Right– and General Custer had the First Thanksgiving at Little Big Horn!
In the REAL world, the states formed a union of INDIVIDUAL SEPARATE nations, and ratified the Constitution by SECESSION form that Union!
So it was LINCOLN who was “treacherous and treasonous!”
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Yet here you are doing exactly what you hate about Ron Paul supporters. Maybe you should take a look at demographics. Youths tend to be more attracted to the candid Ron Paul. Most internet users are youths. Maybe you should look at the poll numbers this way: People who support Ron Paul are more active in politics. It’s one thing to stay at home and youtube smarmy remarks, and another to actually go out there and do something.
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They are polar opposites. They do have one thing in common – they’ll both be on your ballot next year.
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They are polar opposites. They do have one thing in common – they’ll both be on your ballot next year.
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Me too, Mitt Romney.
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Ron Paul is a fine man with great ideas. His supporters, however, are the biggest trolls on the planet. Mitt Romney’s facebook page is full of haters who post pro Paul stuff. I guess those of us who support Romney actually work for a living and don’t have time to inflate polls, claim media bias and flame anyone who doesn’t agree as “idiotic.”
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Neither of them are idiots. Why the vitriol? Can their not be a civil discourse??
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It will make me laugh when the 8% of GOPer’s (about 2% of the country) who support Ron Paul line up to vote for Mitt Romney. Paul’s biggest liabilities are the crazies who support him. I will grant that I support 80% of Paul’s ideology but he has as much chance of being elected President as being struck by lightning.
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In 1866, America included ‘In god we trust” on the currency. I’m an athiest, so who am I supposed to believe in…”Bernanke”? You must be fuckin kidding me!!
Ron Paul 2012!!
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I sometimes wonder why liberal channels demagouge Ron Paul’s Ideas
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RON PAUL IS A GLOBAL CANDIDATE
It’s not enough to say “Vote Ron Paul”
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE VOTE VOTE ! PLEASE !
Copy and paste this everywhere, and vote up
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It’s not enough to say “Vote Ron Paul”
PEOPLE NEED TO SWITCH PARTIES 12 WEEKS IN ADVANCE OF THE PRIMARIES IN MOST STATES.
IF YOU DO NOT SWITCH IN TIME YOU CANNOT VOTE IN PRIMARY.
IF YOU ARE NOT REGISTERED REPUBLICAN YOU CANNOT VOTE IN PRIMARY.
IF RON PAUL DOES NOT WIN PRIMARY, NO GENERAL ELECTION ! REGISTER AS A REPUBLICAN. FIND OUT WHEN YOUR STATE HAS PRIMARIES. FIND OUT WHERE AND VOTE ! PLEASE !
WE NEED EVERY LAST VOTE ! Copy and paste this!
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