Archive for Economic crisis

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Fed Creates Boom & Bust Cycles and Should Be Abolished

In Tuesday’s interview on Bloomberg TV, Ron Paul says that the free market, not the Federal Reserve, should determine interest rates. There is no need for a Chief Central Economic Planner that creates money out of thin air, causes financial bubbles and leads us into crises like the one we’re having right now.

Channel: Bloomberg TV
Date: [...]

Obama Administration’s Meddling Increases Uncertainty

In his latest column Ron Paul points out that the economic crisis is not a liquidity problem and that government intervention only increases uncertainty and contributes to the weakening economy. — tmartin

Download the column as an MP3 file here (3:13 minutes).
Is Spending the Answer?
by Ron Paul
This week, Congress and the administration once again showed their [...]

Ron Paul: Greenspan is Responsible

On February 17, Ron Paul was interviewed by Dom Giordano on 1210 Big Talker Radio (Philadelphia).
In the interview, Ron Paul reveals the name of the person who is most responsible for the crisis, condemns the scaremongering tactics and planned takeover by Obama and his cronies, and reports on the shenanigans surrounding the passage of the [...]

Ron Paul on Money, Banking and the Crisis (1988)

In this 1988 interview, Ron Paul talks about money, banking and the Federal Reserve, and predicts the current financial crisis.

Show: American Power Structure
Date: August 1988
Transcript:
Voiceover: American Power Structure. We’re joined by John Cone.
Frank Morrow: Ron there’s an old statement I’ve read heard about people saying, in Congress, that banks never lose.
Ron Paul: Well, I think [...]

What Would Ron Paul Do?

In his latest column, Ron Paul once again prescribes the only cure that could save America: Cut taxes, cut spending, bring our troops home, downsize government, abolish the Federal Reserve, return to sound money and start living within our means. — tmartin
Cures for Our Economic Disease
by Ron Paul
I have recently had several opportunities on various [...]

Ron Paul and Dick Armey discuss crisis

Watch Ron Paul, former House Majority Leader Dick Armey and Fox News’ Neil Cavuto discuss the current economic troubles, what caused them, and whether Obama’s stimulus plan might make things even worse.

Ron Paul’s Hopes for the Future

We might not see any changes for the better during the next administration, but at least we have hope. In his latest column, Ron Paul congratulates Barack Obama for winning the Presidency and relates the following dreams:

that we can become a more just and colorblind society where respect for the individual overcomes group mentality [this [...]