In his latest column Ron Paul predicts that spending will top $4 trillion this year and asserts that contrary to the government’s belief, public spending is not the key to prosperity. On the contrary, it will eventually lead to massive inflation and a dollar crisis, tragically hurting prudent and responsible savers more than anyone else. [...]
Location: Congress Date: 4/1/2009 Ron Paul: I rise in opposition to this resolution. You know, they say so often that there is not enough bipartisanship around here. We hear that complaint a lot of times. But you know, when I look at it, I see that there has been too much bipartisanship in creating the [...]
In this speech to Congress, Ron Paul points out that our involvement in Iraq, Afghanistan and Pakistan continues to drain our financial resources, undermine our national defense, demoralize our military and exacerbate our financial crisis. Channel: C-SPAN Date: 3/4/2009 Transcript: Ron Paul: Mr. Speaker, the end of the war is not near. I might ask, [...]
Ron Paul addresses Congress Channel: C-SPAN Date: 2/25/2008 Transcript: Ron Paul: Mr. Speaker, the Federal Reserve is the culprit. It has delivered this crisis to us. The Federal Reserve’s low interest policy is a big mistake; it is not a panacea. Artificially low interest rates are achieved by inflating the money supply. Low interest rates [...]
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 [...]
In Monday’s conversation with Clear Channel’s Paul Westcott, Ron Paul warns that the stimulus package will weaken the dollar and lead to rising inflation over the next 6 to 12 months. Channel: Clear Channel Radio Date: 02/09/2009 Transcript: Paul Westcott: We are on the phone now with Texas Congressman Ron Paul. Dr. Paul, thank you [...]
Ron Paul is interviewed on CNN American Morning and explains that “The best regulation is through the free market and to blame the free market for this calamity is an [...] intellectual error that has to be changed.” Source: CNN American Morning Date: 1/27/2009 Transcript: Kirin Chetry: Timothy Geithner has his work cut out for [...]
In this speech to Congress, Ron Paul outlines the path to recovery: Liquidation of bad debt, a new work ethic, a sound currency, and a free society. Audience: U.S. House Channel: C-SPAN Date: 1/21/2009 Ron Paul: “Mr. Speaker, it’s been said and all too often ignored: if you live beyond your means you will be [...]
In the first of a series of videos that will take us on a tour around Ron Paul’s Congressional office, the Congressman explains the dangers of hyperinflation and warns that it might eventually lead us towards totalitarianism and destruction. Ron Paul: “This is a visual demonstration of what can happen with runaway inflation. It’s entitled [...]
The idea for “preventive war” is spreading We should be on neither side; that conflict has been going on for a long time Even though Israel invades Gaza, we – the US – will be blamed for this Palestinians are confined to a “concentration camp” and are no match for Israel The Middle East is [...]
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 [...]
by Ron Paul In the midst of highly unpopular bailouts of Wall Street, many justifications have been given about why Washington feels the need to act. Some claim that capitalism and the free market are to blame, but we have not had capitalism. If you compare our financial capital to our aggregate debt, this would [...]
Ron Paul was interviewed on CNN’s American Morning today. Kiran Chetry: The last time you were with us you explained why you were against the government’s bailout plan, why you were voting against it, and you didn’t believe focusing on buying these troubled assets was the smart thing to do. Now since then, they’ve tweaked [...]
by Ron Paul Last week I discussed how sound money contributes to peaceful relationships around the world. It is not gold, in and of itself that excites me, but the many benefits of sound money. Another benefit is financial security. Can sound money give you financial security? There is something very comforting in knowing that [...]
In his latest essay Dr. Ron Paul accurately diagnoses the government’s money dilemma and prescribes a painful but effective cure. We the people are in agreement, but our decadent politicians and bankers have decided to prolong the “easy credit” bonanza for as long as they possibly can. Are they oblivious to the risk of total [...]
Ron Paul has asserted for many years that inflation is a tax that benefits those who get all that freshly printed money first, and harms everyone else. Today, Fed Chairman Ben Bernanke agreed with that assertion, but failed to present a viable plan for saving the collapsing dollar: The Fed is now in an impossible [...]
Who is in charge of the dollar? The Federal Reserve says it’s the Treasury Department and the Treasury Department says it’s the Federal Reserve. Watch Ron Paul try to get a response from Treasury Secretary Henry Paulson. Later, Ron Paul recorded the following comments:
In a passionate appeal to Congress Ron Paul unmasked the real causes of rising energy prices: inflation, and fear about a possible attack on Iran by Israel and/or the US. He went on to criticize Israel’s massive war propaganda effort which is based on what may well turn out to be lies, and warned against [...]
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