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Economy
Ron Paul on the Housing Bubble – July 2002
44 ResponsesCongressman Ron Paul U.S. House of Representatives July 16, 2002 “Mr. Speaker, I rise to introduce the Free Housing Market Enhancement Act. This legislation restores a free market in housing by repealing special privileges for housing-related government sponsored enterprises (GSEs). These entities are the Federal National Mortgage Association (Fannie), the Federal Home Loan Mortgage Corporation [...]
Ron Paul: My Answer to the President
17 ResponsesDear Friends: The financial meltdown the economists of the Austrian School predicted has arrived. We are in this crisis because of an excess of artificially created credit at the hands of the Federal Reserve System. The solution being proposed? More artificial credit by the Federal Reserve. No liquidation of bad debt and malinvestment is to [...]
Ron Paul on the Bailout Proposal
80 ResponsesRon Paul interviewed on Fox Business: Ron Paul lectures Ben Bernanke: Message from Ron Paul to the Nation: Dear Friends, Whenever a Great Bipartisan Consensus is announced, and a compliant media assures everyone that the wondrous actions of our wise leaders are being taken for our own good, you can know with absolute certainty that [...]
Ron Paul’s Joint Economic Committee Statement
8 Responses“Mr. Chairman, I believe that our economy faces a bleak future, particularly if the latest $700 billion bailout plan ends up passing. We risk committing the same errors that prolonged the misery of the Great Depression, namely keeping prices from falling. Instead of allowing overvalued financial assets to take a hit and trade on the [...]
Say NO to the Bailout
115 ResponsesSay NO to the forced redistribution of billions if not trillions of dollars and the de-facto nationalization of our nation’s entire financial system. Say NO to the special interests who are working to destroy the dollar and eliminate global confidence in America for decades to come. Say NO to any sell-out congressman or senator who [...]
Ron Paul: “They’re Doing Exactly What We Did In The Depression”
15 ResponsesPresident Bush: “The risk of doing nothing far outweighs the risk of the [bailout] package!” Wold Blitzer: “What do you say to the President who wants you and your fellow Republicans and Democrats to quickly pass this 700 billion dollar bailout package?” Ron Paul: “Well I think that’s a mistake because we don’t have the [...]
Freedom vs. Central Planning
89 Responsesby Ron Paul As the Olympics wind down, I am amazed at how things change every four years. Many Americans were glued to their televisions to watch the excitement from Beijing, and also heard announcers wax nostalgic with memories of times when the Soviet Union was the USA’s biggest competitor for Olympic gold. There was [...]
The Economics of Ron Paul
80 ResponsesLike many other Paul-ites, I’ve spent quite a bit of time defending Dr. Paul’s ideals to critics and naysayers. One thing I’ve found in my discussions is that many good, honest, and intelligent Americans look out to our corporatist society and conclude that the free market only benefits big business while hurting the little guy. [...]
Boom, Bust & Bailout
8 ResponsesGrowing up as a child I picked up a few useful life tips that helped shape the person I am today. They were simple, some would say common sense things such as hot things burn skin, loud things hurt ears and alcoholic things… well they do all sorts of things that I don’t have time [...]
