Ron Paul: The “Right” to Healthcare is Based on Theft and Coercion

Healthcare and Economic Realities by Ron Paul With passage of last week’s bill, the American people are now the unhappy recipients of Washington’s disastrous prescription for healthcare “reform.” Congressional leaders relied on highly dubious budget predictions, faulty market assumptions, and outright fantasy to convince a slim majority that this major …

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Ron Paul: The Federal Reserve Fails To See The Big Picture

Statement of Congressman Ron Paul United States House of Representatives Statement for the Record March 25, 2010 Mr. Chairman, today the Federal Reserve finds itself in an unprecedented and unenviable position. It has boosted the monetary base by nearly $1.5 trillion since September of 2008. Excess bank reserves remain at …

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Ron Paul Explains to Keynesian Economics Professor Why Inflation is Bad

At today’s House Financial Services Committee hearing Ron Paul asked Laurence Ball, Larry Meyer, Marvin Goodspeed and John Taylor about inflation, the government’s role in the value of money, and the Federal Reserve’s monetization of debt. Location: House Financial Services Committee Hearing: Unwinding Emergency Federal Reserve Liquidity Programs and Implications …

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Ron Paul to Ben Bernanke: Price Fixing Doesn’t Work, So Why Does The Fed Do It?

At today’s House Financial Services Committee hearing Ron Paul criticized the Federal Reserve’s policy of hiding information about troubled banks from the public. The Congressman then asked Ben Bernanke about the Fed’s balance sheet and inquired as to why the Fed engages in price fixing (of interest rates) even though …

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Tim Geithner “Agrees” With Ron Paul – But Still Wants To Keep The Fed!

Ron Paul questioned Treasury Secretary Tim Geithner today on the Federal Reserve’s price fixing activities and the moral hazard generated by a “lender of last resort” that, in cooperation with the government, picks up the pieces and bails out insolvent banks and companies. Geithner agreed that we need to deal …

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