Posts in "Ron Paul"

By Julie Borowski at 10:53AM

Aug 31, 2010

The Fed's Increased Efforts to Hide Bailout Records

On Friday, Federal Reserve chairman Ben Bernanke gave a speech claiming that the economy is finally headed on the right track. He stated at the Federal Reserve Bank of Kansas City’s annual economic symposium that "despite this recent slowing, however, it is reasonable to expect some pickup in growth in 2011 and in subsequent years."

Not so fast. It has become apparent that Ben Bernanke’s economic forecasts are rarely ever correct. Here are just a few quotes showing Ben Bernanke’s oblivion to the looming housing crisis from 2005 to 2007:

CNBC announcer Maria Bartiromo, July 2005: We have so many economists coming on our air and saying oh this is a [housing] bubble and it’s going to burst and this is going to be a real issue for the economy. Some say it could even create a recession at some point. What is the worst case scenario?

Ben Bernanke: I guess I don’t buy your premise. It’s a pretty unlikely possibility… I don’t think it’s going to drive the economy too far from its full employment path though…I’m hopeful and I’m confident in fact that the bank regulators will pay close attention to the kind of loans that are being made and making sure underwriting is done right.

Ron Paul Schools Anti-Mosque Advocates on Property Rights

Unsurprisingly, Dr. Ron Paul has once again taken a stance that advocates the greatest amount of freedom for the greatest number of people. Dr. Paul argues that the majority has no right to tell the minority where they can and cannot build any kind of building, religious or otherwise. He also makes the very important distinction that many anti-"Ground Zero Mosque" advocates fail to notice: America was attacked by Al-Qaeda on 9/11, not Islam.

Dr. Paul rips CNN and Anti-Mosque advocates a new one in this interview on A.C. 360.

Note how CNN attempted to goad Dr. Paul into taking a stance on the building itself.

Oh yeah, Dr. Paul is taking a different stance than his son Rand here (and Jack Conway), going as far as to call anti-Mosque advocates "sunshine patriots."

You go, Dr. Paul.

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By Nick Leavens at 12:10PM

Aug 20, 2010

Happy Birthday, Dr. Paul!

You can wish Congressman Ron Paul a Happy Birthday on the Campaign for Liberty website.

Ron Paul

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By Peter Anthony Tariche at 10:15AM

Aug 16, 2010

ATTN. All California Student Activists

From Campaign for Liberty's Allison Gibbs:

On September 4th, there will be a political rally in San Francisco, California. This is about the principles of noninterventionism, not partisanship. It will hopefully bring together people from all sides of the political map to show our government we want no more of this foreign aggression and policing of the world.

In attendance will be Ron Paul, John Dennis, Dennis Kucinich, and Matt Gonzalez. The rally will be held at the San Francisco Civic Center at 2 PM.

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By Julie Borowski at 11:02AM

Aug 4, 2010

Ron Paul Introduces SEC Transparency Act

The Securities and Exchange Commission (SEC) whose purpose is to regulate the stock market and prevent corporate abuses has become no stranger to controversy. Recently, a Politico article revealed that top officials at the SEC spent a significant part of their day watching pornography on the taxpayer’s dime. Yet, the SEC pornography scandal resulted in zero firings. The former SEC chief admits that the commission failed to act when they received “credible and specific allegations” regarding the Bernie Madoff’s Ponzi scheme. Cato Institute scholar Richard Rahn asserts that the existence of the SEC has made us less safe from financial fraud:

The budget for the Securities and Exchange Commission (SEC) grew tenfold (to more than $1 billion) in the past 25 years, but there is no evidence it has made us any safer from financial fraud. In fact, the opposite seems to be the case. The Madoff Ponzi scheme was the biggest financial fraud ever. Yet when knowledgeable people presented evidence of the Madoff scheme to the SEC, they were just blown off. Now the SEC wants a bigger budget as a reward for its failure, and the agency and members of Congress are demanding more power for the SEC. The United States has many laws against financial fraud, so that is not the problem. The problem may be - in addition to SEC incompetence - that the public assumes the SEC is looking out for it and consequently fails to do proper due diligence. In other words, the existence of the SEC may be increasing rather than diminishing risk.

Upon the passage of the Dodd-Frank Financial Regulation bill, President Obama claimed “it will finally bring transparency to the kind of complex and risky transactions that helped trigger the financial crisis.”

Ron Paul Comments on Afghan War

There he goes -- making sense again.

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By Bonnie Kristian at 11:12AM

Jul 20, 2010

Why Foreign Policy Matters Most

Here's the text of the essay:

I’m often asked, “Jack, why do you talk about foreign policy so much?” That’s simple—because foreign policy is unquestionably the most significant divide on the American Right. In fact, until mainstream conservatives rethink this issue, any desire for smaller government will continue to be in vain.

Calling Liberty Minds at Texas Tech

As I was browsing the internet (searching articles about Ron Paul) I came across this article from the Texas Tech student paper:

Federal Reserve not perfect, but necessary:

Now this is one of the biggest arguments politicians like Ron Paul and other anti-federal proponents like to make; that the fact that the fed is partly private and owned by commercial banks somehow constitutes some sort of giant conspiracy against the people of this country. This argument is misguided and naïve.....

Now, let’s say you have just been shot and are suffering from a bullet wound. Who are you going to trust to treat your wound? An accountant? A lawyer? A politician or bureaucrat? No, you’re going to trust a physician, somebody with experience in the field. You’re going to trust somebody like Ron Paul, because he is a physician by practice.

Mr. Paul has no formal education or background in economics or financial matters, yet some people like to believe he knows more about the economy than economic PhD recipients.

So it is possible for someone liberty-minded at Texas Tech to respond? If not, I (or someone in YAL?) would be glad to respond. I believe a response is needed, not to defend Dr. Paul, but to point out flaws in the argument and it's a great chance to publish an article about the Fed.

You can read the rest of the article here.

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By Creighton Harrington at 7:26AM

Jul 14, 2010

For Liberty

The documentary about Ron Paul's 2008 campaign, in its full glory.

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By Jeremy Davis at 9:10PM

Jul 12, 2010

Texas Straight Talk: Corruption/Economic Waste in Afghanistan

Congressman Ron Paul comments on how the war in Afghanistan is destroying the U.S. economy in the latest edition of his weekly column, Texas Straight Talk.

Last week, GOP chairman Michael Steele came under fire for daring to say what a lot of Americans already know – that our involvement in Afghanistan is an ill-advised quagmire with no end in sight. After nearly 10 years and approaching $1 trillion spent, the conflict is going nowhere because there is nowhere for it to go. After all, if victory is never really defined, defeat is inevitable.