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 [...]
We Need a Full and Complete AUDIT of the Federal Reserve! by Ron Paul Since the announcement last week that I will chair the congressional subcommittee that oversees the Federal Reserve, the media response has been overwhelming. The groundswell of opposition to Fed actions among ordinary citizens is reflected not only in the rhetoric coming [...]
Shorty after the US Federal Reserve released data revealing trillions of dollars in emergency aid to financial institutions and foreign banks, among other companies, RT’s Dina Gusovsky spoke to Congressman Ron Paul, a longtime critic of the Fed. The interview includes his reaction to the revelations, his own solutions towards fixing the economy, the situation [...]
Date: 09/13/2010 On More Stimulus Spending by Ron Paul Faced with continuing economic decline and an impending election, the administration, predictably, is entertaining the idea of another stimulus package. To explain why the last one didn’t work, adherents to the Keynesian economic philosophy are claiming that they actually did work – it just looks like [...]
Secret debts incurred by central bankers without the consent of the people should be declared null and void, argues Ron Paul in his latest Texas Straight Talk update. Date: 05/17/2010 The Government as Identity Thieves by Ron Paul The spotlight remains on the Greek sovereign debt crisis as the riots continue. The terms of the [...]
Date: 05/12/2010 Transcript David Asman: Republican Congressman from Texas, Dr. Ron Paul. So Congressman, why do you think we’re bailing out the banks that bet on Greek debt? Ron Paul: Well, I think the banking system is international. I think we do have a global economy, and even though they may be foreign banks, I [...]
Date: May 11, 2010 Transcript Ron Paul: I rise to call attention to my colleagues of a vote that occurred in the other body today. Senator Vitter from Louisiana offered an amendment to the financial reform package in the Senate that was exactly the same as HR1207, which is the Audit the Fed bill. And [...]
Ron Paul appeared on Judge Andrew Napolitano’s Freedom Watch to discuss the Greece bailout and the latest Audit the Fed news. Show: Freedom Watch Date: 05/10/2010 Transcript Judge Andrew Napolitano: Hello and welcome to Freedom Watch, your daily dose of raw liberty online at Foxnews.com. I’m Judge Andrew Napolitano, here defending freedom, defending your natural [...]
Show: Lew Rockwell Show Date of Interview: 05/07/2010 Ron Paul, long the leader in American public life for sound money, sound banking, and the free market, talks about the progress of his Audit the Fed bill – and why the Fed, the Treasury, and the banksters fear it. He also discusses the crisis in Europe [...]
Congressman Ron Paul questioned Federal Reserve Chairman Ben Bernanke at the Joint Economic Committee hearing “The Economic Outlook”. Topics of discussion included debt monetization, the Greece bailout, and where all that money is coming from. Event: Joint Economic Committee Hearing Date: 4/15/2010 Transcript Ron Paul: Thank you, Madam Chairman. And welcome, Chairman Bernanke. I want [...]
In his appearance on CNBC’s Squawk Box this morning, Ron Paul talked briefly about his CPAC Presidential Straw Poll victory, his intentions for 2012, and his growing support among young people. The Congressman offered an affordable alternative to the government’s wasteful bailouts and stimulus plans: simply suspend the income tax for 3 or 4 years [...]
Are US Taxpayers Bailing Out Greece? by Ron Paul Last week we were reminded that ours is not the only country suffering from severe economic turmoil. The Greek government is the latest to come close to default on their massive public debt. Greece has insufficient funds in their treasury to make even the minimum payments [...]
Congressman Ron Paul issued the following statement regarding recent revelations that then New York Fed Chair Timothy Geithner urged AIG to avoid disclosing to the SEC details of agreements with banks that bailed out credit default swap counterparties such as Goldman Sachs: “The new details revealed today regarding AIG’s bailout in 2008 come as no [...]
In his latest column, Ron Paul talks about Tax Freedom Day, a hypothetical holiday which is “celebrated” today, April 13, and symbolizes the fact that Americans are slaving away 3.5 months, or 28.2% of this year to fulfill the government’s voracious appetite for confiscatory taxes, corrupt bailouts and wasteful stimulus efforts. Ron Paul wants to [...]
In today’s interview with Bloomberg TV, Ron Paul calls out Barack Obama for talking about cutting the deficit in half – by running it up to one or two trillion dollars. Channel: Bloomberg TV Date: 3/3/2009 Transcript: Female News Anchor: Well, Fed Chairman Ben Bernanke’s comments today before the Senate Budget Committee earlier foreshadowed tougher [...]
Ron Paul and Judge Andrew Napolitano discuss the bailouts, the stimulus, the crisis, the gold standard, the debt, individualism and collectivism on Napolitano’s show “Brian and the Judge”. Show: Brian and the Judge Channel: Fox News Radio Date: 2/3/2009 Transcript: Andrew Napolitano: There are very few people on the Congress of the United States of [...]
By engaging in bailout after bailout, government bureaucrats subsidize failed but well-connected losers by effectively confiscating the necessary resources from productive and successful members of the economy. Ron Paul explains why such bailouts are a bad idea and why we should allow the natural incentives and regulations of the free market to pick the winners [...]
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