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ron_paul_posts's blogRon Paul - We Just Marched In (So We Can Just March Out)All the reasons given to justify a preemptive strike against Iraq were wrong. Congress and the American people were misled. Support for the war came from various special interests that had agitated for an invasion of Iraq since 1998. The Iraq Liberation Act, passed by Congress and signed into law by President Clinton, stated that getting rid of Saddam Hussein was official U.S. policy. This policy was carried out in 2003. Congress failed miserably in meeting its crucial obligations as the branch of government charged with deciding whether to declare war. It wrongly and unconstitutionally transferred this power to the president, and the president did not hesitate to use it. Full article here: http://www.lewrockwell.com/paul/paul382.html Ron Paul - Government and RacismIn fact it is the federal government more than anything else that divides us along race, class, religion, and gender lines. Government, through its taxes, restrictive regulations, corporate subsidies, racial set-asides, and welfare programs, plays far too large a role in determining who succeeds and who fails in our society. This government "benevolence" crowds out genuine goodwill between men by institutionalizing group thinking, thus making each group suspicious that others are receiving more of the government loot. This leads to resentment and hostility between us. Full article here: Ron Paul - The Federal Reserve Monopoly Over MoneyRecently I had the opportunity to question Federal Reserve Chairman Ben Bernanke when he appeared before the congressional Joint Economic committee. The topic that morning was the state of the American economy, and many of my colleagues raised questions about how the Fed might better "regulate" things to ease fears of an economic downturn. The tenor of my colleagues' questions suggested that Mr. Bernanke's job is nothing less than to run the U.S. economy, like some kind of Soviet central planner. Certainly its true that Mr. Bernanke can drastically affect the economy at the drop of a hat, simply by making decisions about the money supply and interest rates. But why do members of Congress assume this is good? Why do we accept without objection that a small group of people on the Federal Reserve Board wields so much power over our economic well-being? Is centralized, monopoly control over our money even compatible with a supposedly free-market economy? Few Americans give much thought to the Federal Reserve System or monetary policy in general. But even as they strive to earn a living, and hopefully save or invest for the future, Congress and the Federal Reserve Bank are working insidiously against them. Day by day, every dollar you have is being devalued Full article here: http://www.lewrockwell.com/paul/paul380.html Ron Paul - The Federal Reserve Monopoly over MoneyThe greatest threat facing America today is not terrorism, or foreign economic competition, or illegal immigration. The greatest threat facing America today is the disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation. It is this one-two punch -- Congress spending more than it can tax or borrow, and the Fed printing money to make up the difference -- that threatens to impoverish us by further destroying the value of our dollars. Full article here: Ron Paul - The 2008 Federal BudgetThe fiscal year 2008 budget, passed in the House of Representative last week, is a monument to irresponsibility and profligacy. It shows that Congress remains oblivious to the economic troubles facing the nation, and that political expediency trumps all common sense in Washington. To the extent that proponents and supporters of these unsustainable budget increases continue to win reelection, it also shows that many Americans unfortunately continue to believe government can provide them with a free lunch. To summarize, Congress proposes spending roughly $3 trillion in 2008. When I first came to Congress in 1976, the federal government spent only about $300 billion. So spending has increased tenfold in thirty years, and tripled just since 1990. Full article here: http://www.lewrockwell.com/paul/paul379.html Ron Paul - The 2008 Federal BudgetAbout one-third of this $3 trillion is so-called discretionary spending; the remaining two-thirds is deemed "mandatory" entitlement spending, which means mostly Social Security and Medicare. I'm sure many American voters would be shocked to know their elected representatives essentially have no say over two-thirds of the federal budget, but that is indeed the case. In fact the most disturbing problem with the budget is the utter lack of concern for the coming entitlement meltdown. Entire article here: Ron Paul - More Funding for the War in IraqLast week the House passed an emergency supplemental spending bill that was the worst of all worlds. The presidents request would have already set a spending record, but the Democratic leadership packed 21 billion additional dollars of mostly pork barrel spending in attempt to win Democrat votes. The total burden on the American taxpayer for this bill alone will be an astonishing 124 billion dollars. Democrats promised to oppose the war by adding more money to fight the war than even the president requested. I am pleased to have joined with the majority of my Republican colleagues to oppose this bill. Among the pork added to attract votes was more than 200 million dollars to the dairy industry, 74 million for peanut farmers, and 25 million dollars for spinach farmers. Also, the bill included more than two billion dollars in unconstitutional foreign aid, including half a billion dollars for Lebanon and Eastern Europe. What might be most disturbing, however, is the treatment of veterans in the bill. Playing politics with the funding of critical veterans medical and other assistance by adding it onto a controversial bill to attract votes strikes me as highly inappropriate. Veterans funding should be included in a properly structured, comprehensive appropriations bill. Better still, veterans spending should be automatically funded and not subject to yearly politicking and nit-picking. Full article here: http://www.lewrockwell.com/paul/paul378.html Ron Paul - More Funding for the War in IraqOnce again Congress wants to have it both ways. Back in 2002, Congress passed the authorization for the president to attack Iraq if and when he saw fit. By ignoring the Constitution, which clearly requires a declaration of war, Congress could wash its hands of responsibility after the war began going badly by citing the ambiguity of its authorization. This time, House leaders want to appear to be opposing the war by including problematic benchmarks, but they include language to allow the president to waive these if he sees fit. Full article here: Ron Paul - The Upcoming Iraq War Funding BillThe $124 billion supplemental appropriation is a good bill to oppose. I am pleased that many of my colleagues will join me in voting against this measure. If one is unhappy with our progress in Iraq after four years of war, voting to de-fund the war makes sense. If one is unhappy with the manner in which we went to war, without a constitutional declaration, voting no makes equally good sense. Voting no also makes the legitimate point that the Constitution does not authorize Congress to direct the management of any military operation the president clearly enjoys this authority as Commander in Chief. But Congress just as clearly is responsible for making policy, by debating and declaring war, raising and equipping armies, funding military operations, and ending conflicts that do not serve our national interests. Full article here: http://www.lewrockwell.com/paul/paul377.html Ron Paul - Don't Blame the Market for Housing BubbleThe Federal Reserve provides the mother's milk for the booms and busts wrongly associated with a mythical "business cycle." Imagine a Brinks truck driving down a busy street with the doors wide open, and money flying out everywhere, and you'll have a pretty good analogy for Fed policies over the last two decades. Unless and until we get the Federal Reserve out of the business of creating money at will and setting interest rates, we will remain vulnerable to market bubbles and painful corrections. If housing prices plummet and millions of Americans find themselves owing more than their homes are worth, the blame lies squarely with Alan Greenspan and Ben Bernanke. Full text here: |
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