HON. RON PAUL OF TEXAS IN THE HOUSE OF REPRESENTATIVES
September 5, 2003
Paper Money and Tyranny
All great republics throughout history cherished sound money. This meant that the monetary unit was a commodity of honest weight and purity. When money was sound, civilizations were found to be more prosperous and freedom thrived. The less free a society becomes, the greater the likelihood its money is being debased and the economic well-being of its citizens diminished.
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How many warnings do you need to hear before you begin to prepare for what is coming?
Folks, I'm convinced the economic collapse has already begun. Ron Paul predicted what began in 2008 with the mortgage meltdown, and it has only accelerated since then as things have been going from bad to worse every day. The financial terrorism perpetrated by the elite has now spread like a virus throughout the world financial systems.
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From the Domestic Monetary Policy Subcommittee hearing, with Fed Board of Governors general counsel Scott Alvarez and New York Fed counsel Thomas Baxter.
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None of the candidates dare call for the elimination of the IRS and repealing the 16th Amendment. The only candidate who has proposed that – and also getting rid of the Federal Reserve – is Ron Paul.
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The Ron Paul 2012 Presidential Campaign announced the release of Dr. Paul's "Plan to Restore America," an ambitious federal government spending, tax and reform blueprint that as President he will implement.
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LAKE JACKSON, Texas – The Ron Paul 2012 Republican presidential campaign has released a statement in response to President Obama’s speech outlining his proposed jobs and deficit plan. See statement from Ron Paul 2012 National Campaign Chairman Jesse Benton below.
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Ron Paul told Lou Dobbs that the inflation tax – printing more money and expanding the monetary base – will result in people going in the street.
Paul made his comment following large demonstrations and riots in Europe in response to the engineered global economic implosion.
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One might think that the recent drama over the debt ceiling involved one side wanting to increase or maintain spending with the other side wanting to drastically cut spending, but that is far from the truth. In spite of the rhetoric being thrown around, the real debate is over how much government spending will increase. No plan under serious consideration cuts spending in the way you and I think about it. Instead, the cuts being discussed are illusory and are not cuts from current amounts being spent, but cuts in prospective spending increases. This is akin to a family saving $100,000 in expenses by deciding not to buy a Lamborghini and instead getting a fully loaded Mercedes when really their budget dictates that they need to stick with their perfectly serviceable Honda.
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