Ron Paul Gaining Ground for 2012


This is a rush transcript. If you notice any errors please report them using the “Help improve this post” link at the bottom of this post.

News Anchor: Live by telephone, good morning, Congressman Paul, thanks for getting up early and coming on with us. We appreciate it.

Ron Paul: Good morning, good to be with you.

News Anchor: We talk to you all the time when you’re on about the Federal Reserve, and I actually may get to that in a moment, but I wanted to ask your view on FEMA in the wake of what’s happened with hurricane Irene before we get that to that. You, from what I’ve read and what I’ve seen in your comments, think we’d almost be better off without this agency which was set up to help out with disasters. But tell us your own view, before I put words in your mouth, about what should happen with FEMA?

Ron Paul: Well, during the 1970s, FEMA was created by an executive order by Carter. I was in the Congress at the time, and I opposed it because I thought it was bad economic policy to have government buy insurance for people because they couldn’t afford it in low areas, which to mean meant that they would encourage more building and take more risks. Insurance is a good idea because it tells you how much risk you’re taking, but once you destroy the principle of insurance, you invite more trouble, and we’ve been doing it, it’s been very, very expensive. And we’re not only as a country broke, but FEMA is broke too. So economically I think it’s a very bad thing to do. But the big problem is people like to pull that stuff up, you know, all of a sudden they see a lot of suffering and a lot of problems and they think, “Well, this is the only way you can do it”. The government actually makes problems worse so often rather than solving problems. FEMA’s really an inefficient agency when you look at it in detail too.

News Anchor: Well, it may be, but what about the people up in just one isolated area in Vermont today, for example? And I bring up Vermont because we were talking, just in the last hour, to one of the emergency management officials up there and they were telling me about all these towns that are isolated. And I said to him at the end of the interview, “How are you paying for this?” And he said, “We’re getting a lot of help from the federal government to do it”. A lot of these states, as you know, are strapped for cash, doesn’t FEMA help out in this particular situation when things are so bad.

Ron Paul: You don’t think the federal government is strapped for cash?

News Anchor: Well, of course it is.

Ron Paul: They don’t have any money at all, every penny we spend we borrow. So this whole thing about states being strapped for cash…. Of course, sure there is a humanitarian concern that people have. Matter of fact, I’ve been very open to taking care of these problems even though in principle I think it was in the wrong direction, because I live on the coast and we have hurricanes here and in my district. But I’ve had this position all along and yet the position really is a very popular position because the people get so disgusted with FEMA. I’ve had more complaints about FEMA than all the other agencies of government put together.

News Anchor: I can understand it from an ideological point of view, but you’re saying in these situations we have to help the people?

Ron Paul: Yea, and this is what I would do, and this is what I proposed in the past: is since we don’t have any money in the bank and it’s a very, very serious economic problem that we face, I say cut spending someplace. Cut enough where you can cut some deficits, such as overseas. Just think of the 1.4 trillion dollars we’re spending to maintain an empire. I can find 5 billion dollars pretty easily; put half of it towards the deficit and put half of it towards our infrastructure. So yes, I understand how we get … I mean just think of all the programs that are technically unconstitutional in this country that people are so dependent on; whether it’s medical care for the elderly or whatever, and yet there is no money. So I would say that if you care about the economy and if you think there’s any concern at all about our economic system and our financial system, we have to quit some of this spending. So all I’m saying is use some commonsense, take care of these people, save the money, cut the deficit, and I think the world would be better for it.

News Anchor: A quick question on the Federal Reserve, just to change topics on you real quick, Congressman Paul. A lot of people pointed to the markets this morning and it’s what we’re covering and saying. “The Federal Reserve might take even more action”: that seems to be their takeaway from watching Ben Bernanke make his speech last week and the minutes of the meeting that were released yesterday. Your thoughts, being a long time critic of the Fed, in terms of more action that can be taken to help the economy?

Ron Paul: Well, I think they take action steadily, you know, he announced that he would keep interest rates down to practically 0% up until 2013. Well, that’s major action. He doesn’t call it QE, but in a way it is. How do you keep interest rates down that low? You have to steadily buy debt. He has guaranteed that there would be no relinquishing on his efforts to continue the monetization of debt, so that’s it, that’s how we got into trouble. Even when Greenspan was in, it was said that he kept interest rates too low for too long. Well, that was in a way a quantitative easing. That’s all the Fed can do, they do it steadily, that’s the only tool that they have and at times they have surges in their buying of debt and in injecting more money. But the problems are always there, it’s always covered up, and that is the problem, it cannot be a solution.

News Anchor: How would a President Ron Paul work with Ben Bernanke, because as critical as you’ve been, you guys would be stuck working together if you were elected, Congressman Paul, wouldn’t you be?

Ron Paul: Yea, I thought the Fed was supposed to be independent, that’s what they argue all the time. Of course, the President always works with them. And it isn’t Bernanke himself that’s the problem, it’s the system. It’s the system that you have of no restraints on monetary authority, which means you have no restraints on spending because the Congress does not have to be responsible. So in a way, Bernanke was somewhat correct the other day when he said, “I throw up my hands, I can’t do it anymore, it’s all up to the Congress”. But he could do a lot more. Congress should quit spending and then they don’t put the pressure on the Fed to monetize. But if the Federal Reserve was not allowed to monetize, the Congress would see the interest rates rising and there would be an automatic check on it. So no, Bernanke, you’re not supposed to run the Federal Reserve, that is all a farce. They complained and I always argued that they’re independent, but it’s the system that you have to address and someday we’ll have to. Not because all of a sudden people will gain wisdom, but because this system is on its last legs. The dollar reserve standard of the world is failing and that’s why the world is in chaos.

News Anchor: Let me ask you a little bit about the campaign then. You’ve had success certainly in Iowa in the straw poll, and we were talking earlier about how you’ve moved up in some of the other polls. It will be interesting to see – and we talk about this all the time -how the campaign develops over time. People always try to make it into top tier and bottom tier; all this kind of handicapping so early in the race. But how do you see it developing, because inevitably somebody is going to drop out, it already happened with Tim Pawlenty. As that happens, do supporters of certain candidates go to you? Or is this theory that some have thrown out correct that the supporters that Ron Paul is going to get already support him, it’s such a strong base of support. But how will you be able to expand upon that base?

Ron Paul: All I know is my job is to keep doing what I have been doing for 30 years, and all of a sudden there has been a surge of interests in what I’ve been doing, and there’s certainly a need. The people are tired of the wars, they know there’s something wrong with the Federal Reserve, they know the spending is a tremendous hazard to us, so people are coming over. And the one thing that all the polls show is that if you are a Ron Paul supporter, you usually don’t leave, so there’s no bouncing up and down. With the other ones, you know, there’s a lot of shifting around. So when new people enter the race, they say, “Oh, what’s he going to do to him?” Well, it doesn’t do anything to me, it just dilutes the other field. But I think we have steady growth, that’s about all I can say, and it’s been that way over many years and certainly over the last 4 years we have seen this happening.

News Anchor: Well, let me follow up on that point because you’re probably right about that in terms of you’re not losing support. So let’s say Rick Perry enters the race or whoever might still make a late entry into the race, you don’t necessarily lose any of your core supporters there. But when someone leaves the race, are you able to kind of broaden the scope enough or be attractive enough to people who don’t currently support you and may support somebody else who’s still running but will still at some point drop out? For example, a Pawlenty supporter coming to you; do you see enough of that or will you be able to do enough of that?

Ron Paul: Well, it remains to be seen, but yes we see it all the time because that’s where our growth would have to come from, but I don’t know if anybody can actually measure that. We’re always reaching out to people and the longer the time goes on, the more appropriate our view seems to be.

News Anchor: Alright, Congressman Paul, it was good to talk to you again. We’ll check back as the campaign continues. Thanks for coming on.

Ron Paul: Sure thing.

News Anchor: Congressman Ron Paul running for President on the Republican side.

  • MrZellron

    I’m not an american but I’m quite sure if Ron Paul wins, in one year from now, you’ll be saying the same bad things about him. You had great hopes with this Obama guy too.


  • AustralianAllTheWay

    Anyone with a brain can see this is a one horse race for the 2012 presidency.
    Ron Paul is the only one with a clue.
    The rest are puppets for the corrupt.

  • bossrube53

    If you are angry at the media, for ignoring Ron Paul and the American people let them know!

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  • bossrube53

    1 – Google Ron Paul in 60 minutes petition

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    Good News today.
    If recent developments are any indication,and they usually are, than Bawkmann is circling the bowl. Ed Rollins resigned as campaign manager and one of his deputies resigned because of “strategic differences on the path forward” with Bawkmann. The spin is that it’s “restructuring.”LOL
    Color her campaign an irrelevant footnote in history.

  • Monkeyland03

    There is also a youtube channel caled ‘Rys2sense’ who is fighting for everyones freedom and he made a very good youtube video called ‘War By Deception. Please watch that video even through it is a hour long. Youtube keeps taking it off

  • Monkeyland03

    Thank you for the upload! Kevin Trudeau is also a big supporter of Ron Paul. Trudeau keeps getting sued by the FDA and FTC for exposing big Pharma and other corrupt corporations. I would suggest if anyone supports Dr. Ron Paul please also look up Kevin Trudeau on Facebook and click ‘the like button’. He is also running for congress. He wrote the book ‘Natural Cures They Don’t Want You To Know About’ sayign there is a cure for every disease in the world!

  • Freedom TO Facsisim

    Paid Trolls are spamming hateful and slanderous comments on all Ron Paul videos.. This just goes to show you how corrupt our government is … And how scared they are of Ron Paul because they know that if he is elected then he will Bring An END to there criminal organization. And attempted enslavement of the American people and SOON the whole world. Thru their corrupt banking system and Un Declared wars on the people of the world. This is much bigger than you and me this election will decide the fate of the planet. We had our “Time for Change” and look were its gotten us. To the brink of destruction!! Everybody who fell for that “FAKE MESSAGE OF CHANGE” and campaign of “Lies”, and “Broken Promises”,. ITS TIME TO REALLY FIGHT FOR YOU COUNTRY AND ELECT A MAN WHO THE MAINSTREAM MEDIA HAS IGNORED ..A MAN WHO WILL END THE FED AND BRING REAL CHANGE AND SAVE OUR ONCE POWERFUL COUNTRY!!!


    !!!!!!!!!!!!!!!!!!!!RON PAUL FOR PRESIDENT 2012!!!!!!!!!!!!!!!!!!!!!


  • Sunny
  • Persiancreed1

    Dear Paulestinians please do not refer to your limited information about Iran, If ROn Paul wants to arm ayatullahs with nukes he is nothing but a traitor . although I rather look at his as an insane clown, I find you Paulestinians incredibly entertaining. Your lack of knowledge about the world we live in and your hatred for your own country is amazing. no wonder why they wanna build a mosque next to your ground Zero. By the time you wake up your country will be gone. Poor Paulestinians.

    • Billy

      Guess you beleive in force and accupation? instead of talking to our enemies? thats worked out so well in the past 60 years or so right? russia had nukes in the cold war we didnt attack them them. you my friend are a scare mongor or a scared little child . they attacked us because of our policy and our occupation not be cause we are rich and free. so your knowlaedgeof the world is the one that is lacking and scary . your way is what caused us to be bankrupt.
      keep in mind also Ron paul has the highest donations for the armed forces, more than all the canidated on both side combined. so tell me , if armed forces are backing Rons policies what does it tell you about your comments here. plus he never said he want to arm them just said we need to follow the constition and not attack people that havent attack us .
      Tell me how is all the wars we are in , I think its 6 nowis going to keep us safe here ? please explain how occupinng and invading sovern countries and killing innoccent people is going to make us safe? I know if another country did to us what we have done. we all would hate them and want to hurt them!
      Its time for peace and free trade . minding our own business, the Bible even says how can you tell your brother he has something in his eye when you have a stick in yours? WE need to get our own house in order before we can tell anyone else what to do.

  • 283inc

    Listening to Rick Perry he is talking about similar issues but in a way more extreme fashion.I believe Perry will drive the republicans into a frenzy then when they calm down only Paul will have addressed the issues in a fair manner resulting in Paul being the nominee Perry is helping Paul give him the space to destroy the other candidates.

  • pinkballoon88

    He sounds so tired, I really people really listen to him this time around. Go Ron!

  • wardydave
  • riprandy318


    !!!!!!!!!!!!!!!!!!!!RON PAUL FOR PRESIDENT 2012!!!!!!!!!!!!!!!!!


    • Ross Johnson

      Yes Ron Paul is the one.You may not like all of his policies,but you will have the freedom under the US Constitution to say NO!

  • lilguyboi03

    Ron Paul: How a president should be.

  • psillyguava

    Vote Ron Paul 2012 to end the FEDERAL GOVERNMENTS’ 40 YEAR LONG UNSUCCESSFUL WAR on the people’s freedom of choice to consume substances (The end of the War on Drugs).
    Ron Paul to audit the fed. Ron Paul to default the Constitution. Ron Paul to end the “Patriot” Act. Ron Paul to end the private bankers’ “Federal” Reserve and the power for them to print currency (UNCONSTITUTIONAL).
    Ron Paul to end warantless spying on American citizens, like you and I
    Ron Paul to restore the people’s rights!!!

  • damusmoose

    Do you know what 2 Billion dollars in EACH state could do, former Federal Reserve Chairman for Bill Clinton said this, it could build all brand new highways 120 new bridges all brand new high schools and minimum wage would be 18.50 and hour do you think they want this? no it,s fear that,s in order for us pee on,s…total cost for 50 states 1 trillion and we gave the banks 750 billion twice adding to 1.5 trillion and 2 wars costing 800 billion a year. and no Tax revenue.

  • damusmoose

    Your wasting your time mark my words Perry will be the nominee the free masons that have tons of power have selected who they want Ron is just a puppet in the game and how many times has he tried 3 and lost. this will be his last.


    Sarcasm Turned on, ‘FEMA Loves You & Denies NY Homeowners Flood Relief 2011’ watch?v=5rl3Jcrmcsw

  • IndianaPolitico

    Support Ron Paul! Donate during his Sept. 17th Constitution Day Money Bomb, and let’s send a message to the establishment!

    Vote this up, For Liberty!