by Ron Paul While much has been made recently of the President’s unconstitutional appointment of Richard Cordray to be director of the Consumer Financial Protection Bureau (CFPB), lost in the hubbub has been any discussion of the unconstitutionality of, or the need for, the CFPB itself. Proponents of the CFPB claim that this new bureaucracy [...]
by Ron Paul The Federal Reserve’s interest rate price-setting board, the FOMC, met last week. They will continue to set the federal funds rate at well below 1%, and plan to keep it low until the end of 2014. That’s a year and half longer than they planned when they met just last month. Chairman [...]
by Ron Paul Although Congress was back in session for scarcely more than a day last week, private citizens across the country managed to cause an uproar felt across Capitol Hill. The uproar took the form of hundreds of thousands of phone calls to both Senators and Representatives, urging them to oppose two draconian new [...]
by Ron Paul Last week the Supreme Court heard arguments in Sackett v. EPA, a case of blatant federal agency overreach and abuse of private property rights. Without any proof or reason, and no chance for appeal, the Environmental Protection Agency determined that a small single home lot was a “protected wetland.” The owners, Mike [...]
by Ron Paul This week, partisan games in Washington reached a fevered pitch as Congress acted to prevent recess appointments, yet the administration made them anyway. Congress has been gaveling into session for less than a minute every three days for the express purpose of technically staying in session. The 40 second “pro forma” sessions [...]
by Ron Paul Last week, as most Americans were celebrating the holidays with family and friends, the Obama Administration announced plans to seek yet another debt ceiling increase in the New Year. While some fiscal conservatives will try to block this increase, their efforts are designed to fail thanks to the procedure set up by [...]
by Ron Paul Little by little, in the name of fighting terrorism, our Bill of Rights is being repealed. The 4th amendment has been rendered toothless by the PATRIOT Act. No more can we truly feel secure in our persons, houses, papers, and effects when now there is an exception that fits nearly any excuse [...]
by Ron Paul The economic establishment in this country has come to the conclusion that it is not a matter of “if” the United States must intervene in the bailout of the euro, but simply a question of “when” and “how”. Newspaper articles and editorials are full of assertions that the breakup of the euro [...]
by Ron Paul In response to pressure from Wall Street, the White House and central banks in Europe, the Federal Reserve last week drastically cut interest rates for currency swaps to benefit troubled European banks. This will flood world markets with more dollars and will soon mean rising prices for every American at the grocery [...]
by Ron Paul Many people have the misconception that sanctions are an effective means to encourage a change of behavior in another country without war. However, imposing sanctions and blockades are not only an act of war according to international law, they are most often the first step toward a real war starting with a [...]
by Ron Paul This week marks the deadline for the so-called congressional Super Committee to meet its goal of cutting a laughably small amount of federal spending over the next decade. In fact the Committee merely needs to cut about $120 billion annually from the federal budget over the next 10 years to meet its [...]
by Ron Paul The global economic situation is becoming more dire every day. Approximately half of all US banks have significant exposure to the debt crisis in Europe. Much more dangerous for the US taxpayer is the dollar’s status as reserve currency for the world, and the US Federal Reserve’s status as the lender of [...]
by Ron Paul These are frustrating times for the President. Having been swept into office with a seemingly strong mandate, he enjoyed a Congress controlled by members of his own party for the first two years of his term. However, midterm elections brought gridlock and a close division of power between the two parties. With [...]
I firmly believe the American people are serious about cutting spending and fixing our debt crisis now. Those struggling to make ends meet and provide for their families while also trying to save for the future know we must change course immediately. I’m not running for president merely to trim a little here and there [...]
by Ron Paul It is not too often I am pleased by the foreign policy announcements from this administration, but last week’s announcement that the war in Iraq was in its final stage and all the troops may be home for Christmas did sound promising. I have long said that we should simply declare victory [...]
by Ron Paul If you thought the “Transportation Security Administration” would limit itself to conducting unconstitutional searches at airports, think again. The agency intends to assert jurisdiction over our nation’s highways, waterways, and railroads as well. TSA launched a new campaign of random checkpoints on Tennessee highways last week, complete with a sinister military-style acronym–VIP(E)R—as [...]
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