Posts tagged Ron Paul
By Ron Paul
Another Phony Budget Debate
Anyone watching last week’s debate over the Republican budget resolution would have experienced déjà vu, as the debate bore a depressing similarity to those of previous years. Once again, the Republicans claimed their budget would cut spending in a responsible manner, while Democratic opponents claimed the plan’s spending cuts would shred the safety net and leave vital programs unfunded. Of course, neither claim is true.
The budget does not cut spending at all, and in fact actually increases spending by $1.5 trillion over ten years. The Republicans are using the old DC trick of spending less than originally planned and calling that reduced spending increase a $5.1 trillion cut in spending. Only in DC could a budget that increases spending by 3.5 percent per year instead of by 5.2 percent per year be attacked as a “slash-and-burn” plan.
The budget also relies on “dynamic scoring.” This trick is where the budget numbers account for increased government revenue generated by economic growth the budget will supposedly unleash. The claims are dubious at best. Of course, reducing government spending will lead to economic growth. But real growth requires real cuts, not this budget’s phony cuts.
As important as reducing spending and balancing the budget is, focusing solely on budget numbers ignores the root of the problem. The real problem is that too many in Washington — and the nation as a whole — refuse to consider any serious reductions in the welfare-warfare state.
I have always maintained that the logical place to start reducing spending is the trillions wasted on our interventionist foreign policy. Unfortunately, there are still too many in Congress who claim to be fiscal hawks when it comes to welfare spending, but turn into Keynesian “doves” when it comes to spending on the military-industrial complex.
These members cling to the mistaken belief that the government can balance it budget, keep taxes low, and even have a growing economy, while spending trillions of dollars policing the world, and propping up some governments and changing others overtly or covertly. Thus, President Obama is attacked as soft on defense because he only wants to spend $5.9 trillion over ten years on the military. In contrast, the Republican budget spends $6.2 trillion over the next decade. That is almost a trillion more than the budget’s total so-called spending cuts.
If there are too many fiscal conservatives who refuse to abandon the warfare state, there are too many liberals who act as if any reduction in welfare or entitlement spending leaves children starving. I agree it is unrealistic to simply end programs that people are currently dependent on. However, isn’t it inhumane to not take steps to unwind the welfare system before government overspending causes a bigger financial crisis and drags millions more into poverty?
Far from abandoning those in need of help, returning the responsibility for caring for the needy to private charities, churches, and local communities will improve the welfare system. At the very least, young people should have the freedom to choose to pay a lower tax rate in exchange for promising to never participate in a government welfare or entitlement program.
Last week’s budget debate showed how little difference there lies between the parties when it comes to preserving the warfare-welfare state. One side may prefer more warfare while the other prefers more welfare, but neither side actually wants to significantly reduce the size and scope of government. Until Congress stops trying to run the world, run the economy, and run our lives, there will never be a real debate about cutting spending and limiting government.
Ron Paul ~ Liberty Defined: The Future of Freedom Live Webcast
The Independent Institute with co-sponsor The Smith Center for Private Enterprise Studies is hosting a event tonight, April 9th, in Hayward, CA in which a live webcast is available. The start time is 4 PM (PT) – 7 PM (ET). The webcast is linked below.
Ron Paul, the former 12-term Congressman and Presidential candidate,
will take a candid look at America¹s increasingly dysfunctional political
system. Drawing on his 24 years in Congress, he will highlight the need
to rein in unchecked government power. The author of numerous
#1 “New York Times” bestselling books, Dr. Paul is a leading advocate for individual liberty, privacy, limited constitutional government, low taxes
and spending, free markets, restrained foreign policy, and sound money.
The event is to be streamed live on USTREAM here.
More information available here:
By Ron Paul
US ‘Democracy Promotion’ Destroys Democracy Overseas
It was almost ten years ago when, before the House International Relations Committee, I objected to the US Government funding NGOs to meddle in the internal affairs of Ukraine. At the time the “Orange Revolution” had forced a regime change in Ukraine with the help of millions of dollars from Washington.
At that time I told the Committee:
We do not know exactly how many millions—or tens of millions—of dollars the United States government spent on the presidential election in Ukraine. We do know that much of that money was targeted to assist one particular candidate, and that through a series of cut-out non-governmental organizations (NGOs)—both American and Ukrainian—millions of dollars ended up in support of the presidential candidate…
I was worried about millions of dollars that the US government-funded National Endowment for Democracy (NED) and its various related organizations spent to meddle in Ukraine’s internal affairs. But it turns out that was only the tip of the iceberg.
Last December, US Assistant Secretary of State Victoria Nuland gave a speech in which she admitted that since 1991 the US government has:
[I]nvested more than 5 billion dollars to help Ukraine…in the development of democratic institutions and skills in promoting civil society and a good form of government.
This is the same State Department official who was caught on tape just recently planning in detail the overthrow of the Ukrainian government.
That five billion dollars appears to have bought a revolution in Ukraine. But what do the US taxpayers get, who were forced to pay for this interventionism? Nothing good. Ukraine is a bankrupt country that will need tens of billions of dollars to survive the year. Already the US-selected prime minister has made a trip to Washington to ask for more money.
And what will the Ukrainians get? Their democracy has been undermined by the US-backed coup in Kiev. In democracies, power is transferred peacefully through elections, not seized by rebels in the streets. At least it used to be.
The IMF will descend on Ukraine to implement yet another of its failed rescue plans, which enrich the well-connected and international bankers at the expense of the local population. The IMF adds debt, organizes sweetheart deals for foreign corporations, and demands that the local population accept “austerity” in exchange for “reform” that never seems to produce the promised results.
The groundwork for this disaster has been laid by NED, USAID, and the army of NGOs they have funded over the years in Ukraine.
Supporters of NED and its related organizations will argue that nothing is wrong with sending US dollars to “promote democracy” overseas. The fact is, however, that NED, USAID, and the others have nothing to do with promoting democracy and everything to do with destroying democracy.
It is not democracy to send in billions of dollars to push regime change overseas. It isn’t democracy to send in the NGOs to re-write laws and the constitution in places like Ukraine. It is none of our business.
How should we promote democracy overseas? First, we should stop the real isolationists — those who seek to impose sanctions and blockades and restrictions that impede our engagement overseas. We can promote democracy with a US private sector that engages overseas. A society that prospers through increased trade ties with the US will be far more likely to adopt practices and policies that continue that prosperity and encourage peace.
In 2005, arguing against funding NED in the US foreign assistance authorization bill, I said:
The National Endowment for Democracy…has very little to do with democracy. It is an organization that uses US tax money to actually subvert democracy, by showering funding on favored political parties or movements overseas. It underwrites color-coded ‘people’s revolutions’ overseas that look more like pages out of Lenin’s writings on stealing power than genuine indigenous democratic movements.
Sadly, matters are even worse now. To promote democracy overseas, NED and all other meddling US government funded NGOs should be disbanded immediately.
Ron Paul: Crimea Secedes. So What?
RPI Chairman Ron Paul has an op-ed in Tuesday’s USA Today wondering why the US is so eager to saddle up for war over a relatively insignificant piece of land thousands of miles away. Dr. Paul is thankful that the bonds of international trade are tempering the passions of the US neocons and warhawks.
Writes Dr. Paul in USA Today:
Opponents of the Crimea vote like to point to the illegality of the referendum. But self-determination is a centerpiece of international law. Article I of the United Nations Charter points out clearly that the purpose of the U.N. is to “develop friendly relations among nations based on respect for the principle of equal rights and self-determination of peoples.”Why does the U.S. care which flag will be hoisted on a small piece of land thousands of miles away?
Critics point to the Russian “occupation” of Crimea as evidence that no fair vote could have taken place. Where were these people when an election held in an Iraq occupied by U.S. troops was called a “triumph of democracy”?
Perhaps the U.S. officials who supported the unconstitutional overthrow of Ukraine’s government should refocus their energies on learning our own Constitution, which does not allow the U.S. government to overthrow governments overseas or send a billion dollars to bail out Ukraine and its international creditors….
international markets rallied on news that the sanctions would be thus far minimal. They understand that trade and economic engagement are the surest roads to peace and prosperity.
Read the whole article here.
Image credit : http://ronpaulinstitute.org
By Adam Dick
Ron Paul on CIA Targeting Congress
RPI Chairman and Founder Ron Paul, speaking on the Fox Business show The Independents Wednesday night, addresses the Central Intelligence Agency’s spying on the Senate Intelligence Committee — seemingly to cover up torture revelations against the agency. Paul notes the irony that Committee Chairman Dianne Feinstein (D-CA) “doesn’t care about our privacy, but, lo and behold, she does care about her own.”
Watch the complete interview here:
Ron Paul Endorses Murray Sabrin for US Senate
The Murray Sabrin campaign has just released the below press release announcing the endorsement of Murray Sabrin by Ron Paul. I am very pleased to see Dr. Paul endorse Murray. Most politicians don’t impress me, but Murray is one of the few that is truly a consistent advocate of liberty. You can find out more about Murray’s exciting campaign here. He needs to be the Republican nominee. It will be fun watching him go up against Cory Booker:
HIGHTSTOWN, N.J., March 6, 2014 – Murray Sabrin is pleased and proud to announce that his candidacy for the United States Senate seat currently held by Cory Booker has been enthusiastically endorsed by former Texas Rep. Ron Paul, perhaps America’s leading champion of individual liberty, limited government and human rights.
In a letter dated March 5 (attached), Rep. Paul recounts his 30-year friendship with Murray and discusses many of the critical issues facing the United States today, including the disaster that is Obamacare, government spying on its own citizens and encroaching upon their civil liberties and the need to create a productive, job-creating economic climate through free market principles while ending government giveaways to corporate cronies and campaign donors.
Rep. Paul wrote:
“I have known Murray for 30 years, and he is a
true champion of liberty. I am proud to endorse his campaign
for U.S. Senate in New Jersey.”
Not only is Rep. Paul known as a champion of freedom and constitutional principles, but he has attracted loyal and prodigious support from around the country throughout his political career, which is represented by his ability to raise millions of dollars in campaign contributions not from super PACs or large donors, but from individual contributions made by ordinary Americans who share his beliefs.
“I’m honored and humbled to have the support of my friend, Ron Paul,” said Murray, “and I know his endorsement sends a strong message throughout New Jersey that I’m in this race all the way and in it to win.”
“America and New Jersey cannot afford Cory Booker in the Senate for a full, six-year term given his support of job-killing taxes, environmental regulations that will cost almost 8,500 New Jerseyans their jobs over the next 10 years and, of course the increasingly problematic Obamacare. We can’t afford to let Cory Booker pay attention to the nation’s business in the same way The New York Times recently exposed he failed to pay attention to the city of Newark’s business when he was mayor. The hard working people of New Jersey deserve better, and I will give that to them when I’m elected to the United States Senate.”
For further information contact campaign press secretary Scott St. Clair, 206-919-6047206-919-6047.
To donate to Murray’s campaign, click here. Think of it as sponsoring a libertarian rabble rouser for the entire 2014 political season.
Imaged added to Bob’s original post with image credit to murraysabrin2014.com
Ron Paul Rewind: Questions US Meddling in Ukraine…in 2004!
Ron Paul questions US Ambassador to Ukraine John Tefft on US meddling in Ukraine back in December 7, 2004. Rep. Paul presents the Ambassador with evidence at the time that the US was deeply involved in internal Ukrainian affairs by openly funding NGOs affiliated with certain presidential candidates. He suggests that an audit be made of all US aid to Ukraine.
By Ron Paul
At the Fed, The More Things Change, the More They Stay the Same
Last week, Federal Reserve Chairman Janet Yellen testified before Congress for the first time since replacing Ben Bernanke at the beginning of the month. Her testimony confirmed what many of us suspected, that interventionist Keynesian policies at the Federal Reserve are well-entrenched and far from over. Mrs. Yellen practically bent over backwards to reassure Wall Street that the Fed would continue its accommodative monetary policy well into any new economic recovery. The same monetary policy that got us into this mess will remain in place until the next crisis hits.
Isn’t it amazing that the same people who failed to see the real estate bubble developing, the same people who were so confident about economic recovery that they were talking about “green shoots” five years ago, the same people who have presided over the continued destruction of the dollar’s purchasing power never suffer any repercussions for the failures they have caused? They treat the people of the United States as though we were pawns in a giant chess game, one in which they always win and we the people always lose. No matter how badly they fail, they always get a blank check to do more of the same.
It is about time that the power brokers in Washington paid attention to what the Austrian economists have been saying for decades. Our economic crises are caused by central bank infusions of easy money into the banking system. This easy money distorts the structure of production and results in malinvested resources, an allocation of resources into economic bubbles and away from sectors that actually serve consumers’ needs. The only true solution to these burst bubbles is to allow the malinvested resources to be liquidated and put to use in other areas. Yet the Federal Reserve’s solution has always been to pump more money and credit into the financial system in order to keep the boom period going, and Mrs. Yellen’s proposals are no exception.
Every time the Fed engages in this loose monetary policy, it just sows the seeds for the next crisis, making the next crash even worse. Look at charts of the federal funds rate to see how the Fed has had to lower interest rates further and longer with each successive crisis. From six percent, to three percent, to one percent, and now the Fed is at zero. Some Keynesian economists have even urged central banks to drop interest rates below zero, which would mean charging people to keep money in bank accounts.
Chairman Yellen understands how ludicrous negative interest rates are, and she said as much in her question and answer period last week. But that zero lower rate means the Fed has had to resort to unusual and extraordinary measures: quantitative easing. As a result, the Fed now sits on a balance sheet equivalent to nearly 25 percent of US GDP, and is committing to continuing to purchase tens of billions more dollars of assets each month.
When will this madness stop? Sound economic growth is based on savings and investment, deferring consumption today in order to consume more in the future. Everything the Fed is doing is exactly the opposite, engaging in short-sighted policies in an attempt to spur consumption today, which will lead to a depletion of capital, a crippling of the economy, and the impoverishment of future generations. We owe it not only to ourselves, but to our children and our grandchildren, to rein in the Federal Reserve and end once and for all its misguided and destructive monetary policy.
The Difference Between Ron Paul & Ron Paul Inc:
Dennis Fusaro Explains on The Robert Wenzel Show
Worked for the Ron Paul 2008 Presidential campaign. Dennis describes the difference between Ron Paul & Ron Paul Inc.
Miss a show? Here’s the archive.
Aaron Russo’s Last Message to Humanity
Published by NextNewsNetwork
Aaron Russo lost his battle with cancer shortly after this video was recorded. It is a lasting message to the people of America who struggle to preserve liberty.
Rest in Peace friend.
Aaron Russo shined light on the power of the individual verses the subservience of the controlled masses. #AaronRusso
Related posts with more from Aaron Russo: