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Texas Straight Talk
Ron Paul: Blind Support of Israel Leads to Unexpected Consequences
373 Responsesby Ron Paul As of late Friday the ceasefire in Gaza seems to be holding, if tentatively. While we should be pleased that this round of fighting appears temporarily on hold, we must realize that without changes in US foreign policy it is only a matter of time before the killing begins again. It feels [...]
Secession: Are We Free to Go?
373 ResponsesIs all the recent talk of secession mere sour grapes over the election, or perhaps something deeper? Currently there are active petitions in support of secession for all 50 states, with Texas taking the lead in number of signatures. Texas has well over the number of signatures needed to generate a response from the administration, [...]
Ron Paul: Abolish all Price Controls – Let the Free Market Function!
174 Responsesby Ron Paul As the northeastern United States continues to recover from Hurricane Sandy, we hear the usual outcry against individuals and companies who dare to charge market prices for goods such as gasoline. The normal market response of rising prices in the wake of a natural disaster and resulting supply disruptions is redefined as [...]
Ron Paul: Federal Flood Insurance – A Moral Hazard We Can’t Afford
123 Responsesby Ron Paul Hurricane Sandy was one of the worst natural disasters the east coast has ever seen. Clean-up and recovery will take months, if not years and estimates run in the tens of billions of dollars. Parts of New York and New Jersey will never be the same. Entire seashore communities have been wiped [...]
Ron Paul: No More Bailouts! Banks Should Be Allowed to Fail…
207 Responsesby Ron Paul French businessman and economist Jean-Baptiste Say is credited with identifying the fundamental economic principle that aggregate demand for goods in an economy will equal the aggregate supply of goods when markets are permitted to operate. Or in Say’s words, “products are paid for with products.” English classical economist David Ricardo, among others, more fully developed [...]
Ron Paul: The Internet Revolution Is a Liberty Revolution
240 Responsesby Ron Paul Until the late 1990s, individuals interested in Austrian economics, U.S. constitutional history, and libertarian philosophy had few sources of information. They had to spend hours scouring used book stores or the back pages of obscure libertarian periodicals to find the great works of Mises, Rothbard, Hayek, and other giants of liberty. Local [...]
Ron Paul: Real Unemployment Is at 22.8%
306 ResponsesRon Paul Last week, supporters of the current administration rejoiced over job numbers released by the Bureau of Labor and Statistics (BLS). For the first time since the administration came to power, the official unemployment number fell below 8%. Keynesian cheerleaders all claimed the numbers meant we are surely on the road to economic recovery, [...]
Ron Paul: We Must Fiscally Restrain Our Government
177 Responsesby Ron Paul The media insists on characterizing statements about dependency on government handouts as controversial, but in truth such statements are absolutely correct. It’s not that nearly half of Americans are dependent on government; it’s actually more than half. If one includes not just people on food stamps and welfare, but also seniors on Medicare, Social Security and [...]
Ron Paul: Why Governments Hate Gold and Love Fiat Money
195 Responsesby Ron Paul Last year the Chairman of the Federal Reserve told me that gold is not money, a position which central banks, governments, and mainstream economists have claimed is the consensus for decades. But lately there have been some high-profile defections from that consensus. As Forbes recently reported, the president of the Bundesbank (Germany’s [...]
