Dr. Ron Paulby Ron Paul

Working Americans like lower taxes. So do I. Lower taxes benefit all of us, creating jobs and allowing us to make more decisions for ourselves about our lives.

Whether a tax cut reduces a single mother’s payroll taxes by $40 a month or allows a business owner to save thousands in capital gains taxes and hire more employees, that tax cut is a good thing. Lower taxes allow more spending, saving, and investing which helps the economy — that means all of us.

Real conservatives have always supported low taxes and low spending.

But today, too many politicians and lobbyists are spending America into ruin. We are nine trillion dollars in debt as a nation. Our mounting government debt endangers the financial future of our children and grandchildren. If we don’t cut spending now, higher taxes and economic disaster will be in their future — and yours.

In addition, the Federal Reserve, our central bank, fosters runaway debt by increasing the money supply — making each dollar in your pocket worth less. The Fed is a private bank run by unelected officials who are not required to be open or accountable to “we the people.”

Worse, our economy and our very independence as a nation is increasingly in the hands of foreign governments such as China and Saudi Arabia, because their central banks also finance our runaway spending.

We cannot continue to allow private banks, wasteful agencies, lobbyists, corporations on welfare, and governments collecting foreign aid to dictate the size of our ballooning budget. We need a new method to prioritize our spending. It’s called the Constitution of the United States.

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Here is an interesting video of a presentation by Ron Paul at the “Birth and Death of the Fed” conference at Jekyll Island, Georgia, 27 Febuary 2010. Includes an introduction by Mises Institute founder and chairman Llewellyn H. Rockwell, Jr., and closing remarks by Institute president Douglas E. French.

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Dr. Ron Paul

The descent of US/North Korea “crisis” to the level of schoolyard taunts should be remembered as one of the most bizarre, dangerous, and disgraceful chapters in US foreign policy history.

President Trump, who holds the lives of millions of Koreans and Americans in his hands, has taken to calling the North Korean dictator “rocket man on a suicide mission.” Why? To goad him into launching some sort of action to provoke an American response? Maybe the US president is not even going to wait for that. We remember from the Tonkin Gulf false flag that the provocation doesn’t even need to be real. We are in extremely dangerous territory and Congress for the most part either remains asleep or is cheering on the sabre-rattling.

Now we have North Korean threats to detonate hydrogen bombs over the Pacific Ocean and US threats to “totally destroy” the country.

We are told that North Korean leader Kim Jong-Un is a “madman.” That’s just what they said about Saddam, Gaddafi, Assad, and everyone else the neocons target for US military action. We don’t need to be fans of North Korea to be skeptical of the war propaganda delivered by the mainstream media to the benefit of the neocons and the military industrial complex.

Where are the cooler heads in Washington to tone down this war footing?

Making matters worse, there is very little understanding of the history of the conflict. The US spends more on its military than the next ten or so countries combined, with thousands of nuclear weapons that can destroy the world many times over. Nearly 70 years ago a US-led attack on Korea led to mass destruction and the death of nearly 30 percent of the North Korean population. That war has not yet ended.

Why hasn’t a peace treaty been signed? Newly-elected South Korean president Moon Jae-in has proposed direct negotiations with North Korea leading to a peace treaty. The US does not favor such a bilateral process. In fact, the US laughed off a perfectly sensible offer made by the Russians and Chinese, with the agreement of the North Koreans, for a “double freeze” – the North Koreans would suspend missile launches if the US and South Korea suspend military exercises aimed at the overthrow of the North Korean government.

So where are there cooler heads? Encouragingly, they are to be found in South Korea, which would surely suffer massively should a war break out. While US Ambassador to the United Nations, Nikki Haley, was bragging that the new UN sanctions against North Korea would result in a near-complete blockade of the country (an act of war), the South Korean government did something last week that shocked the world: it announced an eight million dollar humanitarian aid package for pregnant mothers and infant children in North Korea. The US and its allies are furious over the move, but how could anyone claim the mantle of “humanitarianism” while imposing sanctions that aim at starving civilians until they attempt an overthrow of their government?

Here’s how to solve the seven-decade old crisis: pull all US troops out of North Korea; end all military exercises on the North Korean border; encourage direct talks between the North and South and offer to host or observe them with an international delegation including the Russians and Chinese, which are after all Korea’s neighbors.

The schoolyard insults back and forth between Donald Trump and Kim Jong-Un are not funny. They are in fact an insult to all of the rest of us!

This article first appeared on ronpaulinstitute.org

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Dr. Ron Paulby Ron Paul

Today, the federal government burdens us with one of the most dangerous taxes it can impose — the inflation tax. When the federal government finds that it cannot afford its out-of-control spending, and is unwilling to directly tax the public, it resorts simply to creating the money out of thin air.

Inflating the money supply is the easiest form of financing the government. The Federal Reserve, an unelected and unaccountable private organization, pumps more dollars into the economy whenever it chooses. Because the public is forced to accept these bills, the Fed essentially gets away with legally counterfeiting. We cannot possibly expect the government to control spending when it has a blank checkbook.

This greatly benefits the politicians and special interests — they are able to finance the massive welfare-warfare state. But how does this inflation affect you?

Basic economics tells us that the more there is of a good, the less valuable it becomes. This is also true of money. The dollar is worth four cents of what it was when the Federal Reserve was created in 1913.

Day by day, every dollar you have is being devalued. You pay an inflation tax without even realizing it because you are forced by a falling dollar to pay more for goods and services.

The disastrous fiscal policies of our own government, marked by shameless deficit spending and Federal Reserve currency devaluation, are some of the greatest threats facing our nation today. It is this one-two punch — Congress spending more than it can tax or borrow, and the Treasury printing money to make up the difference — that threatens to impoverish us by further destroying the value of our dollars.

By legalizing competing currencies, we can end the Federal Reserve’s stranglehold on our money supply and begin to restore value to the dollar. But Congress will continue to spend extravagantly until we the people make our views known at the ballot box.

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barb wire
Just one week in office, President Trump is already following through on his pledge to address illegal immigration. His January 25th executive order called for the construction of a wall along the entire length of the U.S.-Mexico border. While he is right to focus on the issue, there are several reasons why his proposed solution will unfortunately not lead us anywhere closer to solving the problem.

First, the wall will not work. Texas already started building a border fence about ten years ago. It divided people from their own property across the border, it deprived people of their land through the use of eminent domain, and in the end the problem of drug and human smuggling was not solved.

Second, the wall will be expensive. The wall is estimated to cost between 12 and 15 billion dollars. You can bet it will be more than that. President Trump has claimed that if the Mexican government doesn’t pay for it, he will impose a 20 percent duty on products imported from Mexico. Who will pay this tax? Ultimately, the American consumer, as the additional costs will be passed on. This will of course hurt the poorest Americans the most.

Third, building a wall ignores the real causes of illegal border crossings into the United States. Though President Trump is right to prioritize the problem of border security, he misses the point on how it can be done effectively and at an actual financial benefit to the country rather than a huge economic drain.

The solution to really addressing the problem of illegal immigration, drug smuggling, and the threat of cross-border terrorism is clear: remove the welfare magnet that attracts so many to cross the border illegally, stop the 25 year U.S. war in the Middle East, and end the drug war that incentivizes smugglers to cross the border.

The various taxpayer-funded programs that benefit illegal immigrants in the United States, such as direct financial transfers, medical benefits, food assistance, and education, cost an estimated $100 billion dollars per year. That is a significant burden on citizens and legal residents. The promise of free money, free food, free education, and free medical care if you cross the border illegally is a powerful incentive for people to do so. It especially makes no sense for the United States government to provide these services to those who are not in the U.S. legally.

Likewise, the 40 year war on drugs has produced no benefit to the American people at a great cost. It is estimated that since President Nixon declared a war on drugs, the US has spent more than a trillion dollars to fight what is a losing battle. That is because just as with the welfare magnet, there is an enormous incentive to smuggle drugs into the United States.

We already know the effect that ending the war on drugs has on illegal smuggling: as more and more U.S. states decriminalize marijuana for medical and recreational uses, marijuana smuggling from Mexico to the U.S. has dropped by 50 percent from 2010.

Finally, the threat of terrorists crossing into the United States from Mexico must be taken seriously, however once again we must soberly consider why they may seek to do us harm. We have been dropping bombs on the Middle East since at least 1990. Last year President Obama dropped more than 26,000 bombs. Thousands of civilians have been killed in U.S. drone attacks. The grand U.S.plan to “remake” the Middle East has produced only misery, bloodshed, and terrorism. Ending this senseless intervention will go a long way toward removing the incentive to attack the United States.

I believe it is important for the United States to have secure borders, but unfortunately President Trump’s plan to build a wall will end up costing a fortune while ignoring the real problem of why people cross the borders illegally. They will keep coming as long as those incentives remain.

Article written by Dr. Ron Paul

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Former Congressman and Libertarian icon Ron Paul has warned that ‘shadow government’ neocons could orchestrate a ‘false flag’ incident in order to drag new president Donald Trump into a fresh war.

“I don’t how anybody can say they know what is going to happen,” Paul told The Daily Caller, referring to Trump’s foreign policy.

“All we need is a false flag and an accident and everybody will be for teaching them a lesson,” Paul said, warning that such an event could trigger new foreign entanglement.

“The neocons always talked about it before 9/11 they kept saying, ‘we aren’t going to get our program in until we have a Pearl Harbor event,’” the former congressman stated, stopping short of saying he believes those attacks were staged.

“I think other countries could use false flags.” Paul also added.

Paul also warned that a shadow government will continue to operate when Trump is president, just as it did during Obama’s time in office.

“Obama probably was much more attune to a different foreign policy of less aggression but why then does he do it?” Paul said.

“I think there’s the shadow government, the military-industrial complex, the CIA, and all the things that can be done because they just melt away and they do exactly what the establishment says.” the former Congressman added.

Paul warned that those within the shadow government are seeking to influence Trump now.

“He’s very friendly with a lot of them right now, he’s talking to them,” Paul said, adding that “We don’t have a final answer, we have to wait to see who get’s appointed.”

“He doesn’t talk about blowback and coming out of these countries. He has a better policy with Russia but I think he still is talking with the neoconservatives.” Paul also stated.

“The deep state is very very powerful and they have a lot of control,” Paul said, adding “That is one of my big issues about how shadow government is so powerful in all administrations.”

Earlier this month, Paul issued the same warnings, saying that neocons and shadow government figures are going to attempt to infiltrate and influence Trump’s presidency and prevent him from achieving successful change.

Article written by Steve Watson | Infowars.com

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Gun control or controlling the availability of gun as a weapon of defense is one of the most blatant laws ever. It advocates severely restricting the availability of a gun to the citizens of America. Does it mean that the citizens of America are too casual or ill tempered that they will not be able to handle a gun? The answer is no. The groups who have been advocating the gun control norms have always speculated that the crime rate is directly linked to the availability of guns. But how is this possible? Can you reduce drinking and alcoholics if you ban or restrict the availability of alcohol? The answer is again no.

Crime Rate And Gun Control

If ever, there has been an absurd theory then this one is amongst them. Crime rate and gun control are not liked in any way. A person who intends to commit a murder or homicide can do it in any way he wishes to. He doesn’t need a gun to do it. Even the bare hands can be used to kill. So why only restrict guns? The gun control laws should be broadened further. Possession of anything that can be termed as a weapon which may include the kitchen knife should be restricted. Whether it is concealed or carried openly doesn’t really matter.

The Ideal Safety Device

What matters is the fact that guns are a more ideal weapon for safety. After all you cannot run to the kitchen to look for a knife if there is a sudden attack or threat on your life. But the attacker can already posses it, because he has planned it well beforehand. So the gun control law which is aimed at reducing crime is actually reducing the ability of the average American citizen to protect himself more effectively. If only the government would look at bringing in more effective laws for crime control or even enforce the laws already in existence, the whole scenario wouldn’t be so bleak.

Now, gun control norms are so stringent that they include licensing, long waiting sessions etc. It is no longer an easy task so there are very few who are willing to go through the trouble to get a gun as a safety device. They have started to look at other safety measures which are less effective.

Get your federal firearms license today.

But they have to comply with the laws. Each year more than 14,000 homicides take place in the United States which are not carried out with a gun. This raises a lot of doubts about the effectiveness of the gun control laws. If a law is not useful or is actually harming us, why have it in the first place? This article makes a plea for the removal of this law which seems to have many advocates in the socio political circle.

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economic collapseHave you paid any attention to what happened with the financial crisis in Greece or that which is occurring across Europe? If so, then you know that economic collapse isn’t just a threat – it’s already begun. You wouldn’t necessarily believe that from reading the news.

The mainstream media doesn’t have access to the top secret insider information that the government does. The truth is that trouble is already knocking on our door. Take a look around at what’s going on in the world.

Debts in countries all over the world has skyrocketed. Not one single country is fiscally solvent and yet all of these countries keep going further into debt and printing more money like there will never be any consequences.

But there will be a reckoning when economic collapse happens and when it does, it’s not going to be pretty. Once the global economy goes belly up, you’re going to see lives thrown off balance and the upheaval is going to become a fight for survival. Sadly, not everyone will survive because they’re not prepared.

When the economy fails, people are going to panic. Their normal life is going to suddenly, and without ample warning, become disrupted. When the collapse happens, people by the millions are going to rush to their banks in a desperate attempt to take out their money.

But the government, also desperate to keep the collapse from spreading, will limit or shut down completely the ability of people to withdraw their own money. Without being able to get their hands on money, people will grow even more panicked.

Crimes will rise as people steal, fight and even kill for a way to survive. Riots will become more commonplace. Looting will take place in every single city and town. Property and people alike will be destroyed.

Martial law will go into effect.

Your freedom to move about freely will be limited. You won’t be allowed to go where you want to go when you want to go there. You’ll have to be home by a certain time and your rights will no longer matter.

Under martial law, regular laws are suspended. You will do as the government says. That’s why you need to protect yourself from economic collapse right now. Make sure that all of your money isn’t tied up in the bank.

Have some cash that you can get to so that you can buy what you haven’t already set aside.

Have some gold and silver that can be used if cash is totally devalued.  Precious metals will easily be used as barter for necessary supplies.

Keep your bug out bag ready to roll so that you can get out of an area the minute the trouble starts.

Have a place to go if needed that contains all of the survival supplies you need to hunker in place for awhile if you have to. That means you need to have your food, medicine and a way to communicate with others.

The power grid could eventually go down in an economic collapse and you don’t want to be without a way to communicate. Make sure you have a renewable water supply near. Have ways to defend yourself and your family from those who could take your supplies or your life.

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Dr. Ron PaulI recently proposed that the liberty movement capitalize on Brexit with “Fed-exit”: a campaign to “secede” from the Federal Reserve. Fed-exit could be accomplished with a few simple policy changes.

Passing Audit the Fed is a good first step toward Fed-exit. Contrary to the Federal Reserve’s propaganda, auditing the Fed will not reduce the Federal Reserve’s mythical “independence.” It will simply allow Congress and the people to learn the full truth about the Fed’s conduct of monetary policy.

Federal ReserveHowever, the desperation with which the Fed fights the audit bill suggests it believes increased transparency will boost support for Fed-exit. Considering what we discovered from the limited audit of the Fed’s activities during the 2008 financial crisis, the Fed’s fears may be justified. That audit revealed that between 2007 and 2008 the Federal Reserve loaned over $16 trillion — more than four times the annual budget of the United States — to foreign central banks and politically-influential private companies! Imagine what would be revealed by a full audit that includes looking at the Fed’s recent explosion of money creation via “quantitative easing.”

Once Congress and the public know the full truth about the Fed’s operations, we can begin working on ending, or at least reining in, the Fed. A good next step would be to explicitly forbid the Fed from making “loans” to private businesses or foreign governments. Section 13(3) of the Federal Reserve Act, which the Fed claims gives it the authority to provide “emergency assistance” to private companies, must be repealed.

Congress should also pass legislation reversing President Ronald Reagan’s executive order creating the “Plunge Protection Team.” Created after the 1987 stock market crash, the Plunge Protection Team’s “job” is to intervene whenever the financial markets appear to be on the verge of a meltdown, in order to prolong the Fed-created illusion of economic prosperity.

Congress should also restrict the Fed’s ability to purchase government securities, which the Fed uses to monetize the federal debt. Congress should also stop the Fed from manipulating interest rates. These actions would reduce the economic instability wrought by the Fed’s monetary policy. Ending the Fed’s monetization of the debt could also force Congress to not just halt the growth of, but actually begin to roll back, the welfare-warfare state.

The best way to rein in the Fed is to restore the gold standard. However, this must be a true gold standard, not the phony post-war Bretton Woods gold standard or the “gold price rule” promoted by the supply-siders. The “gold price rule” requires the Fed to raise interest rates whenever the price of gold matches or exceeds a Fed-determined target. Thus, this rule still allows the Fed to attempt to “fix” the price of money. It just provides the Fed with another after-the-fact indicator that the latest inflationary bubble is about to burst.

The most important step toward Fed-exit and the restoration of a true free-market monetary system is the repeal of all laws that in any way restrict individuals from using alternative currencies. Under a free-market monetary system, some individuals will choose to use metal-based currency, while others will choose to use digital currency. Some many even stick with fiat money. The important factor is not the type of currency individuals use, but that people have the right to decide for themselves what unit of exchange they use for their economic transactions.

As long as the Federal Reserve is allowed to manipulate the value of money and support the welfare-warfare state, we will never have a truly free market or a free society. Therefore, all those who seek liberty, peace, and prosperity should join the effort for a Fed-exit.

This article first appeared at RonPaulInstitute.org.

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Defense Authorization bill tyranny

For many of us concerned with liberty, the letters “NDAA” have come to symbolize Washington’s ongoing effort to undermine the US Constitution in the pursuit of constant war overseas. It was the National Defense Authorization Act (NDAA) for 2012 that introduced into law the idea that American citizens could be indefinitely detained without warrant or charge if a government bureaucrat decides they had assisted al-Qaeda or “associated forces that are engaged in hostilities against the United States.” No charges, no trial, just disappeared Americans.

The National Defense Authorization bill should be a Congressional mechanism to bind the president to spend national defense money in the way Congress wishes. It is the nuts and bolts of the defense budget and as such is an important oversight tool preventing the imperial executive from treating the military as his own private army. Unfortunately that is no longer the case these days.

Why am I revisiting the NDAA today? Unfortunately since 2012 these bills have passed the House with less and less scrutiny, and this week the House is going to vote on final passage of yet another Defense Authorization, this time for fiscal year 2017. Once again it is a terrible piece of legislation that does great harm to the United States under the guise of protecting the United States.

Unless some last minute changes take place, this latest NDAA will force young women for the first time to register to be drafted into the US military. For the past 36 years, young men have been forced to register with Selective Service when they turn 18 or face felony charges and years in prison. Under a perverted notion of “equality” some people are cheering the idea that this represents an achievement for women. Why cheer when slavery is extended to all? We should be fighting for an end to forced servitude for young men and to prevent it being extended to women.

The argument against a draft should appeal to all: you own your own body. No state has the right to force you to kill or be killed against your will. No state has a claim on your life. We are born with freedoms not granted by the state, but by our creator. Only authoritarians seek to take that away from us.

Along with extending draft registration to women, the latest NDAA expands the neocons’ new “Cold War” with Russia, adding $3.4 billion to put US troops and heavy weapons on Russia’s border because as the bill claims, “Russia presents the greatest threat to our national security.” This NDAA also includes the military slush fund of nearly $60 billion for the president to spend on wars of his choosing without the need to get Congress involved. Despite all the cries that we need to “rebuild the military,” this year’s Defense Authorization bill has a higher base expenditure than last year. There have been no cuts in the military. On the contrary: the budget keeps growing.

The Defense Authorization bill should remain notorious. It represents most of what is wrong with Washington. It is welfare for the well-connected defense contractors and warfare on our economy and on the rest of the world. This reckless spending does nothing to defend the United States. It is hastening our total economic collapse.

Written by Ron Paul
Copyright © 2016 by RonPaul Institute. Permission to reprint in whole or in part is gladly granted.

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