This Wednesday afternoon, Ron Paul joined Lew Rockwell, Gary Johnson, David Boaz, Wayne Allyn Root, Shelly Roche, Michael Shanklin for an insightful discussion of Obama’s healthcare plan, the revolt in Iran, as well as other political and economic developments.
Judge Andrew Napolitano: It’s my great pleasure to introduce one of America’s great defenders of freedom in Congress and elsewhere. Congressman Ron Paul joins us from our nation’s capital. Congressman Paul, welcome to Freedom Watch.
Ron Paul: Thank you, Judge.
Judge Andrew Napolitano: Also joining us is my dear friend and mentor Lew Rockwell, founder of the Ludwig von Mises Institute in Auburn, Alabama, a research and educational center, a classical liberalism and Austrian economics, familiar to many of you. Lew.
Lew Rockwell: Judge, it’s great to be with you.
Judge Andrew Napolitano: Welcome back to the show. Thank you. Congressman Paul, first to you. What is your greatest fear if the President’s healthcare proposals become law?
Ron Paul: Well, if we don’t get some modification, what you will see is the cost of medical care skyrocketing. At the same time, there will be price controls placed on it and then you’ll have scarcity and the quality of care will go downhill.
The only saving grace could be if they allow something to be put in there where you can opt out of the system and take care of yourself. Although it would be a disaster trying to put 80 or 90 percent onto the government, if you’re allowed to opt out, at least, there would be a little bit of hope to keep a little bit of strings tied on the Federal government. Right now, it doesn’t look really good for the patient. Continue reading “Ron Paul: Americans should be allowed to “opt out” of Obama’s healthcare system”
“Why in the world should this much power be given to a Federal Reserve that has the authority to create $1 trillion secretly?” Ron Paul asked a standing room-only crowd today at the Cato Institute.
Paul was on a panel of speakers, including Gilbert Schwartz, former associate general counsel to the Federal Reserve, to discuss a new bill that will audit the Fed for the first time in its history. This comes at a time when the Fed’s balance sheet has almost tripled, from just over $800 billion before the financial crisis to almost $2.3 trillion now.
“We will only win when the people wake up and realize that transparency is what we need,” said Paul. “When we know exactly what’s happening, there will be monetary reform.”
Caleb Brown: This is a Cato special podcast. I’m Caleb Brown. Republican congressman and two-time presidential candidate Ron Paul wants to audit the Federal Reserve, arguing that Americans need to know more about the Central Bank, especially given the dramatic increases in the size of the bank’s balance sheet. He spoke at the Cato Institute on June 24, 2009. The full event is available at Cato.org.
Ron Paul: Thank you very much. It’s a real delight to be here and, of course, I’m pleased to come here and discuss a subject that fascinates me and it’s been an interest of mine for not a couple of years, but quite a few decades. As a matter of fact, it was the monetary issue that first got me interested in running for Congress back in the 1970s and some of you here may even remember the 1970s and they were rather hectic. If you don’t remember them, you’ve probably had read about them and they were very hectic, and I was fascinated with the fact that the Austrian free market economists predicted early on in the 1960s that the Bretton-Woods arrangement would never last, and it failed, and then that led into chaos in the 1970s. Continue reading “Ron Paul calls for Federal Reserve Audit at the Cato Institute”
Matthew Bandyk of the U.S. News & World Report interviews Ron Paul: President Obama’s financial regulatory plan has created controversy over the role of the Federal Reserve in our economy like rarely before. The person in Congress with perhaps the most unconventional point of view on these issues in American politics is Congressman and former presidential candidate Ron Paul (R-TX), a longtime critic of the very institution of the Fed and fractional reserve banking. He has recently sponsored a bill that would audit the Fed, which has attracted cosponsors such as Dennis Kucinich (D-OH).
Ron Paul’s bill to audit the Federal Reserve (HR 1207) now has 245 co-sponsors, and the numbers keep growing! At the same time, HR 1207′s companion bill in the Senate, S 604, is beginning to attract its first co-sponsors!
This is history in the making, and victory is within reach. Imagine what will happen if HR 1207, The Federal Reserve Transparency Act, comes up for vote in Congress! With more than 55% of the House of Representatives already co-sponsoring this bill, it has real potential to pass — BUT only if we educate and rally the people to support it and get our Congresspeople to put it to vote and pass it.
Step 1: Your Representative
If your representative is not on the following list of HR 1207 co-sponsors, call their offices, write to them, email them. Let them know they need to support HR 1207. If you live in their district, let them know. Go to their office.
Capitol Switchboard: (202) 224-3121
Enter your zip code to contact your representative:
HR 1207 Co-Sponsors (as of 6/26/2009)
Rep Abercrombie, Neil [HI-1] – 2/26/2009
Rep Aderholt, Robert B. [AL-4] – 5/6/2009
Rep Adler, John H. [NJ-3] – 5/6/2009
Rep Akin, W. Todd [MO-2] – 3/19/2009
Rep Alexander, Rodney [LA-5] – 3/10/2009
Rep Altmire, Jason [PA-4] – 5/20/2009
Rep Austria, Steve [OH-7] – 5/6/2009
Rep Bachmann, Michele [MN-6] – 2/26/2009
Rep Bachus, Spencer [AL-6] – 4/29/2009
Rep Baldwin, Tammy [WI-2] – 4/21/2009
Rep Barrett, J. Gresham [SC-3] – 4/28/2009 Continue reading “Ron Paul’s Bill To Audit The Federal Reserve Now Has 245 Co-Sponsors”
Openly supporting the Iranian revolt could have unintended consequences, says Ron Paul in this interview on Radio America. Our support might well unify Iran against America, rather than uniting it with the revolutionaries. That’s why the US should not openly take sides in the violent dispute. At the same time, Ron Paul would not prevent individual Iranian Americans who want to fight for the revolution to get involved themselves.
Download the interview as an MP3 file here (7:40 minutes).
Greg Corombos: This is Greg Corombos of Radio America reporting for WorldNetDaily. My guest at this time is Texas Congressman Ron Paul, a Republican representing the lone star state’s 14th congressional district. He is a member of the House Foreign Affairs Committee and he was a 2008 presidential candidate. He want to get his thoughts today as a member of that critical House Foreign Affairs Committee on the latest developments and unrest inside Iran and Congressman, thanks so much for being with us.
Ron Paul: Thank you. It’s good to be with you.
Greg Corombos: Information is difficult to get out of Iran at this point. Really, the social networks are the best avenues since the Iranian government has put a clamp especially on foreign media with limited reports, limited camera work and so forth. What do you make of the Iranian government’s response to these pro-democracy demonstrators?
Ron Paul: Well, you know, it’s hard to figure it out like you say it’s hard to get the really good information and exactly know what’s going on. I guess, any government that has unrest in their country and there’s upheaval and governments react in the traditional manner no matter where you are.
Californians know they are overtaxed, which is why they decisively the recent series of initiatives designed to close the state deficit, largely through tax increases. Yet, they want to maintain high public spending.
Unlike the states, Washington can temporarily delay budget woes by firing up the printing presses. But we can no longer ignore economic reality. The financial crisis came from too much shortsighted borrowing and spending, and it cannot be solved with more of the same. It would be unconstitutional, and irresponsible, for Congress to enable California’s fiscally reckless ways.
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Ronald Reagan and Ron Paul
Ronald Reagan: "Ron Paul is one of the outstanding leaders fighting for a stronger national defense. As a former Air Force officer, he knows well the needs of our armed forces, and he always puts them first. We need to keep him fighting for our country."
Ron Paul in the Air Force
Ron Paul is a proud Air Force veteran. He served as a flight surgeon in the U.S. Air Force from 1963 to 1965 and then in the U.S. Air National Guard from 1965 to 1968. During his military service Ron Paul spent time on the ground in Iran, Pakistan, South Korea, Turkey, Ethiopia and other countries.
Ron Paul has been married to his wife Carol Wells since 1957. They have five children: Ronald, Lori, Rand, Robert, and Joy. Paul's son Rand is the junior senator from the state of Kentucky.
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