Among the facts that the Federal Reserve would rather you didn’t know is that at the height of the financial turmoil in 2008, when average Americans were just beginning to suffer, the institution was passing out sweetheart deals to protect the powerful and well-connected. Among the beneficiaries were foreign banks, Wall Street giants and even [...]
by Ron Paul Last week I joined six Republican and three Democrat colleagues to file a lawsuit against the Obama administration over its illegal war against Libya. Now that more than 90 days have passed since the president began bombing Libya, no one can seriously claim that the administration has complied with the clear requirements [...]
There is no issue more serious than war. Wars result in the loss of life and property. Wars are also expensive and an enormous economic burden. Our Founders understood that waging war is not something that should be taken lightly, which is why Article 1, Section 8 of the United States Constitution gives Congress — [...]
Date: 06/13/2011 The Keys to Economic Growth by Ron Paul Recent economic data show that U.S. job growth in May was negligible, while the official unemployment figure– at least the figure the Labor Department admits to– rose to 9.1%. The real unemployment figure, however, as compiled by economist John Williams, may well be higher than [...]
Date: 06/06/2011 Holding the President Accountable on Libya by Ron Paul Last week, more than 70 days after President Obama sent our military to attack Libya without a congressional declaration of war, the House of Representatives finally voted on two resolutions attempting to rein in the president. This debate was long overdue, as polls show [...]
Date: 05/30/2011 Enabling a Future American Dictator by Ron Paul These are truly troubling days for liberty in the United States. Last week the 60 day deadline for the president to gain congressional approval for our military engagement in Libya under the War Powers Resolution came and went. The media scarcely noticed. The bombings continued. [...]
Date: 05/23/2011 by Ron Paul The federal government once again has reached the limit of its legal ability to borrow money, meaning it cannot issue new Treasury debt without action by Congress to increase the debt ceiling limit. As of this month, our “official” national debt- which doesn’t include the staggering future payments promised to [...]
Ron Paul just sent out the following email: Dear Liberty Activist, Yesterday, I stood in the town hall in Exeter, New Hampshire, with a packed house of fellow Liberty Lovers and announced that I am a candidate for President of the United States. And, let me tell you, the response has been tremendous! We have [...]
Date: 05/09/2011 by Ron Paul Last week marked an important milestone in the war on terrorism for our country. Osama bin Laden applauded the 9/11 attacks. Such deliberate killing of innocent lives deserved retaliation. It is good that bin Laden is dead and justice is served. The way in which he was finally captured and [...]
Date: 04/18/2011 by Ron Paul Congress focused on issues surrounding government spending this week as talk of deficits, the national debt, and the debt limit saturated the airwaves. This is a positive development. In years past, there was very little concern over how much was spent here in Washington, how it was spent, or how [...]
by Ron Paul Last week I was both surprised and pleased when the Supreme Court upheld lower court decisions requiring the Federal Reserve Bank to comply with requests for information made by Bloomberg under the Freedom of Information Act (“FOIA”). Bloomberg simply wanted to know who received loans from the Fed’s discount window in the [...]
by Ron Paul Last week the Obama Administration took the United States to war against Libya without bothering to notify Congress, much less obtain a Constitutionally-mandated declaration of war. In the midst of our severe economic downturn, this misadventure has already cost us hundreds of millions of dollars and we can be sure the final [...]
Date: 03/21/2011 Ron Paul to Fed: Turn Off the Printing Presses! by Ron Paul Last week, the subcommittee which I chair held a hearing on monetary policy and rising prices. Whether we consider food, gasoline, or clothing, the cost of living is increasing significantly. True inflation is defined as an increase in the money supply. [...]
Date: 03/14/2011 Libya Is Not the American People’s Fight by Ron Paul Last week we once again heard numerous voices calling for intervention in Libya. Most say the US should establish a “no-fly” zone over Libya, pretending that it is a benign, virtually cost-free action, and the least we could do to assist those trying [...]
Last week, Secretary of State Hillary Clinton testified before the House Foreign Affairs Committee, and I had the opportunity to raise some of my concerns regarding US government policy and the cost of our interventionism around the world. Many observers claim that the recent overthrow of governments in Northern Africa and the Middle East will [...]
Congress Must Reject the Welfare/Warfare State by Ron Paul During the past few weeks, Congress has been locked in a battle to pass a continuing resolution to fund government operations through September. Both supporters and opponents of the bill, HR 1, claim it is a serious attempt to reduce federal spending. However, an examination of [...]
How Foreign Aid Creates Instability and Isolates America by Ron Paul The events in Egypt of late have captured the attention of the world as many thousands of Egyptians take to the streets both in opposition to and favor of the current regime. We watch from a distance hoping that events do not spiral further [...]
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