Thursday , January 23 2020
Home / Ron Paul
Ron Paul

Ron Paul

Ronald Ernest "Ron" Paul (born August 20, 1935) is an American politician, author, and physician, who is a former Republican congressman, two-time Republican presidential candidate, and the presidential nominee of the Libertarian Party in the 1988 U.S. presidential election.

Articles by Ron Paul

How Expansive Is FBI Spying?

2 days ago

Cato Institute Research Fellow Patrick Eddington recently filed several Freedom of Information Act (FOIA) requests to find out if the Federal Bureau of Investigation ever conducted surveillance of several organizations dealing with government policy, including my Campaign for Liberty. Based on the FBI’s response, Campaign for Liberty and other organizations, including the Cato institute and the Reason Foundation, may have been subjected to FBI surveillance or other data collection.
I say “may have been” because the FBI gave Mr. Eddington a “Glomar response” to his FOIA requests pertaining to these organizations. A Glomar response is where an agency says it can “neither confirm nor deny” involvement in a particular activity.

Read More »

US to Iraq: ‘Vote All You Want, We’re Not Leaving!’

9 days ago

President Trump’s decision earlier this month to assassinate Iran’s top military general on Iraqi soil – over the objection of the Iraqi government – has damaged the US relationship with its “ally” Iraq and set the region on the brink of war. Iran’s measured response – a few missiles fired on an Iraqi base after advance warning was given – is the only reason the US is not mired in another Middle East war.
Trump said his decision to assassinate Gen. Qassim Soleimani was intended to prevent a war, not start a war. But no one in his right mind would think that killing another country’s top military leader would not leave that country annoyed, to say the least. Senators Mike Lee (R-UT) and Rand Paul (R-KY) said the Trump

Read More »

Why I Don’t Trust Trump on Iran

16 days ago

President Trump and his Secretary of State Mike Pompeo told us the US had to assassinate Maj. Gen. Qassim Soleimani last week because he was planning “Imminent attacks” on US citizens. I don’t believe them.
Why not? Because Trump and the neocons – like Pompeo – have been lying about Iran for the past three years in an effort to whip up enough support for a US attack. From the phony justification to get out of the Iran nuclear deal, to blaming Yemen on Iran, to blaming Iran for an attack on Saudi oil facilities, the US Administration has fed us a steady stream of lies for three years because they are obsessed with Iran.
And before Trump’s obsession with attacking Iran, the past four US Administrations lied ceaselessly to bring

Read More »

Should Racists and Sexists Get Health Care?

23 days ago

Political correctness recently took a dangerous turn in the United Kingdom when the North Bristol National Health Service Trust announced that hospital patients who use offensive, racist, or sexist language will cease receiving medical care as soon as it is safe to end their treatment.
The condition that treatment will not be withdrawn until doing so is safe seems to imply that no one will actually suffer from this policy. However, health-care providers have great discretion to determine when it is “safe” to withhold treatment. So, patients could be left with chronic pain or be denied certain procedures that could improve their health but are not necessary to make them “safe.” Patients accused of racism or sexism could also find

Read More »

How Congress and the Federal Reserve Stole Christmas

December 24, 2019

The bickering over impeachment did not stop the president and Congress from coming together last week to avert a government shutdown by passing a 1.4 trillion dollar spending package.
The bipartisan agreement has something for everyone — a 22 billion dollars increase to bring total spending on militarism to 738 billion dollars, and a 27 billion dollars increase to bring total spending on domestic programs to 632 billion dollars. It also imposes a national ban on selling tobacco products, including e-cigarettes, to anyone under 21.
The agreement was split into two bills. Both bills were unveiled last Monday afternoon. The bills passed the House on Tuesday, so only the House leadership and the members of the Appropriations

Read More »

The Crime of the Century

December 17, 2019

“We were devoid of a fundamental understanding of Afghanistan. We didn’t know what we were doing.” So said Gen. Douglas Lute, who oversaw the US war on Afghanistan under Presidents Bush and Obama. Eighteen years into the longest war in US history, we are finally finding out, thanks to thousands of pages of classified interviews on the war published by the Washington Post last week, that General Lute’s cluelessness was shared by virtually everyone involved in the war.
What we learned in what is rightly being called the “Pentagon Papers” of our time, is that hundreds of US Administration officials – including three US Presidents – knowingly lied to the American people about the Afghanistan war for years. This wasn’t just a matter

Read More »

Congress Is Trump’s Co-Conspirator Against Liberty

December 10, 2019

Imagine that President Trump spent his phone call with the Ukrainian president threatening to withhold military aid unless the Ukrainian government agreed to use the money to purchase weapons from a US manufacturer. Does anyone seriously think that foreign service professionals and deep state operatives would be so shocked and offended by Trump’s request that they would launch efforts to impeach him? Would Congress view this as “high crimes and misdemeanors” or applaud Trump for carrying out one of modern presidents’ supposedly most important jobs — acting as salesmen for the American military-industrial complex?
This hypothetical shows that impeachment is not about President Trump’s abuse of power. Instead, it is an attempt to

Read More »

Fight Another ‘Terror War’ Against Drug Cartels? There’s a Better Way!

December 3, 2019

The 50-year US war on drugs has been a total failure, with hundreds of billions of dollars flushed down the drain and our civil liberties whittled away fighting a war that cannot be won. The 20 year “war on terror” has likewise been a gigantic US government disaster: hundreds of billions wasted, civil liberties scorched, and a world far more dangerous than when this war was launched after 9/11.
So what to do about two of the greatest policy failures in US history? According to President Trump and many in Washington, the answer is to combine them!
Last week Trump declared that, in light of an attack last month on US tourists in Mexico, he would be designating Mexican drug cartels as foreign terrorist organizations. Asked if he

Read More »

The Real Bombshell of the Impeachment Hearings

November 26, 2019

The most shocking thing about the House impeachment hearings to this point is not a “smoking gun” witness providing irrefutable evidence of quid pro quo. It’s not that President Trump may or may not have asked the Ukrainians to look into business deals between then-Vice President Biden’s son and a Ukrainian oligarch.
The most shocking thing to come out of the hearings thus far is confirmation that no matter who is elected President of the United States, the permanent government will not allow a change in our aggressive interventionist foreign policy, particularly when it comes to Russia.
Even more shocking is that neither Republicans nor Democrats are bothered in the slightest!
Take Lt. Colonel Vindman, who earned high praise in

Read More »

Federal Reserve: Enemy of Liberty and Prosperity

November 19, 2019

Lost in the media’s obsession with the impeachment circus last week was Federal Reserve Chairman Jerome Powell’s testimony on the state of the economy before the Joint Economic Committee. In his testimony, Chairman Powell warned that when the next recession inevitably occurs, the US Government’s over $23 trillion debt would prevent Congress from increasing spending to revive the economy.
Powell also said that the Fed’s current low interest rate policies would prevent the Fed from using its traditional methods of increasing the money supply and further lowering interest rates to jump-start economic growth in a recession. Hopefully, Powell is correct that when the next recession hits the Federal Reserve and Congress will be unable

Read More »

Is the ‘Mother of All Bubbles’ About To Pop?

November 12, 2019

When the New York Federal Reserve began pumping billions of dollars a day into the repurchasing (repo) markets (the market banks use to make short-term loans to each other) in September, they said this would only be necessary for a few weeks. Yet, last Wednesday, almost two months after the Fed’s initial intervention, the New York Federal Reserve pumped 62.5 billion dollars into the repo market.
The New York Fed continues these emergency interventions to ensure “cash shortages” among banks don’t ever again cause interest rates for overnight loans to rise to over 10 percent, well above the Fed’s target rate.
The Federal Reserve’s bailout operations have increased its balance sheet by over 200 billion dollars since September.

Read More »

Sentence First, Crime Later?

November 5, 2019

Attorney General William Barr recently sent a memo to law enforcement officials announcing a new federal initiative that would use techniques and tools developed in the war on terror, such as mass surveillance, to identify potential mass shooters. Those so identified would be targets of early interventions, which would include the disregarding of Second Amendment rights, as well as the imposing of mandatory counseling and involuntary commitment.
The program would likely match data collected via mass surveillance with algorithms designed to identify those with mental problems that would lead them to commit violent crimes. So, this program would deprive Americans of respect for their rights not because they committed, or even

Read More »

Can We Win the Battle for Sound Money?

November 4, 2019

Includes an introduction by Lew Rockwell. Recorded at “The Federal Reserve: History, Theory and Practice,” hosted by the Mises Institute at Jekyll Island, Georgia; September 4-7, 1986.

Read More »

Trump Flip-Flops on Syria Withdrawal. Again.

October 29, 2019

President Trump is reversing his foreign policy decisions so quickly these days that it almost seems like he overturns himself before making the decision in the first place. Last week he was very clear that the US was pulling its troops out of Syria. “Bringing soldiers home,” he said. “Let someone else fight over this long-bloodstained sand.”
But then he overturned himself later in the same speech. He said: “We’ve secured the oil and therefore a small number of US troops will remain in the area where they have the oil. And we’re going to be protecting it and we’ll be deciding what we’re going to do with it in the future.”
Where does President Trump think he gets the legal or moral authority to send US troops to illegally occupy

Read More »

Washington is Wrong Once Again — Kurds Join Assad To Defend Syria

October 16, 2019

When President Trump Tweeted last week that “it is time for us to get out of these ridiculous endless wars,” adding that the US would be withdrawing from Syria, Washington went into a panic. Suddenly Republicans, Democrats, the media, the think tanks, and the war industry all discovered and quickly became experts on “the Kurds,” who we were told were an “ally” being sent to their slaughter by an ignorant President Trump.
But it was all just another bipartisan ploy to keep the “forever war” gravy train rolling through the Beltway.
Interventionists will do anything to prevent US troops from ever coming home, and their favorite tactic is promoting “mission creep.” As President Trump Tweeted, we were told in 2014 by President Obama

Read More »

The Fed’s Latest Bailouts Are More Proof of Bad Times Ahead

October 8, 2019

Since September 17, the Federal Reserve Bank of New York has pumped billions of dollars into the repurchasing (repo) market, the first such intervention since 2009. The Fed has announced that it will continue to inject as much as 75 billion dollars a day into the repo market until November 4.
The repo market provides a means for banks that are temporarily short of cash to obtain short-term (usually one day) loans from other banks. The Fed’s interventions were a response to a sudden cash shortage that caused interest rates for these short-term loans to climb to 10 percent, far above the Fed’s target rate.
One of the factors blamed for the repo market’s cash shortage is the Federal Reserve’s sale of assets it acquired via the

Read More »

Impeachment or CIA Coup?

October 1, 2019

You don’t need to be a supporter of President Trump to be concerned about the efforts to remove him from office. Last week House Speaker Nancy Pelosi announced impeachment proceedings against the President over a phone call made to the President of Ukraine. According to the White House record of the call, the President asked his Ukrainian counterpart to look into whether there is any evidence of Ukrainian meddling in the 2016 election and then mentioned that a lot of people were talking about how former US Vice President Joe Biden stopped the prosecution of his son who was under investigation for corruption in Ukraine.
Democrats, who spent more than two years convinced that “Russiagate” would enable them to remove Trump from

Read More »

Will More US Troops in Saudi Arabia Make America Great?

September 24, 2019

President Trump deserves credit for resisting the war cries from neocons like Sen. Lindsey Graham and Secretary of State Mike Pompeo after last week’s attack on two Saudi oil facilities. Pompeo was eager to blame Iran because he wants war with Iran and anything that can trigger such a war is fine with him. So he put the president in a difficult spot by declaring Iran the culprit: suddenly the president’s options in the media and in Washington were limited to “how to punish Iran.”
A week has now passed since the attack and Pompeo’s rush to judgement has been shown for what it was: war propaganda. That is because there has still been no determination of who launched the attack. Yemen’s Houthis took responsibility right away and

Read More »

Will Trump Take the Neocon Bait

September 17, 2019

The recent attacks on Saudi oil facilities by Yemeni Houthi forces demonstrate once again that an aggressive foreign policy often brings unintended consequences and can result in blowback. In 2015 Saudi Arabia attacked its neighbor, Yemen, because a coup in that country ousted the Saudi-backed dictator. Four years later Yemen is in ruins, with nearly 100,000 Yemenis killed and millions more facing death by starvation. It has been rightly called the worst humanitarian catastrophe on the planet.
But rich and powerful Saudi Arabia did not defeat Yemen. In fact, the Saudis last month asked the Trump Administration to help facilitate talks with the Houthis in hopes that the war, which has cost Saudi Arabia tens of billions of dollars,

Read More »

Bill Dudley’s Noble Lie

September 10, 2019

Former Federal Reserve official Bill Dudley’s recent op-ed calling for the Federal Reserve to implement policies that will damage President Trump’s reelection campaign states that such action would be unprecedented. Dudley claims the Federal Reserve bases its policies solely on an objective evaluation of economic conditions. This is an example of a so-called noble lie — a fiction told by elites to the masses supposedly for the people’s own good, but really designed to maintain popular support for policies that benefit the elites. Dudley’s noble lie is designed to bolster a rapidly (and deservedly) eroding trust in the Federal Reserve. The truth is the Federal Reserve has always been influenced by, and has always tried to

Read More »

Forget the Russians

September 3, 2019

The US Constitution never granted the federal government authority to create a central bank. The Founders, having lived through hyperinflation themselves, understood that government should never have a printing press at its disposal. But from the very beginning of America’s founding, the desire for a crony central bank was strong.
In fact, two attempts were made at creating a permanent central bank in America prior to the creation of the Fed. Fortunately, the charter for The First Bank was allowed to expire in 1811, and President Andrew Jackson closed down the Second Bank in 1833.
But, unfortunately, a third attempt was successful and the Federal Reserve was unconstitutionally created by Congress in 1913. Americans have been

Read More »

‘Right-Wing Extremists’

August 27, 2019

The recent mass shootings in El Paso and Dayton have re-ignited efforts to pass “Red Flag” laws, which allow the government to take away a person’s guns without due process, and expanded background checks on those wishing to purchase a gun. Some supporters of these measures acknowledge they would not have prevented the Dayton and El Paso shootings, but they think the government must “do something,“ even if that something only makes it more difficult for average Americans to exercise their Second Amendment rights.
The fact that one of the shooters may have been motivated by anti-immigrant views has led to calls for government surveillance of “right-wing extremists.” There are talks of developing computer programs to search social

Read More »

Are Recessions Inevitable?

August 20, 2019

Stocks fell last week following news that the yield curve on Treasury notes had inverted. This means that a short-term Treasury note was paying higher interest rates than long-term Treasury note. An inverted yield curve is widely seen as a sign of an impending recession.
Some economic commentators reacted to the inverted yield curve by parroting the Keynesian propaganda that recessions are an inevitable feature of a free-market economy, whose negative effects can only be mitigated by the Federal Reserve. Like much of the conventional economic wisdom, the idea that recessions are caused by the free market and cured by the Federal Reserve is the exact opposite of the truth.
Interest rates are the price of money. Like all prices,

Read More »

Endgame for the Fed?

August 14, 2019

The Federal Reserve, responding to concerns about the economy and the stock market, and perhaps to criticisms by President Trump, recently changed course on interest rates by cutting its “benchmark” rate from 2.25 percent to two percent. President Trump responded to the cut in already historically-low rates by attacking the Fed for not committing to future rate cuts.
The Fed’s action is an example of a popular definition of insanity: doing the same action over and over again and expecting different results. After the 2008 market meltdown, the Fed launched an unprecedented policy of near-zero interest rates and “quantitative easing.” Both failed to produce real economic growth. The latest rate cut is unlikely to increase growth or

Read More »

Congress’s Spending Surge

August 6, 2019

With a national debt approaching $23 trillion and a trillion dollar deficit for this year alone, Congress last week decided to double down on suicidal spending, passing a two year budget that has the United States careening toward catastrophe. While we cannot say precisely when the economic crash will occur, we do know that it is coming. And last week Congress pounded down on the accelerator.
We are told that the US economy is experiencing unprecedented growth, while at the same time the Fed is behaving as it does when we are in recession by cutting rates…and dodging insults from the President because it’s not cutting fast enough. This is not economic policy – it’s schizophrenia!
But that’s only the beginning.
Take what they call

Read More »

True Budget Hawks Are Foreign Policy Doves

July 30, 2019

During my presidential campaigns, well-meaning supporters would sometimes suggest I stop emphasizing opposition to overseas intervention and focus on fiscal issues. I disregarded the advice, not only because adopting a noninterventionist foreign policy is crucial to restoring constitutional government but because it is impossible to be both a budget hawk and a war hawk. This is shown by the constant failure of so-called fiscal conservatives in the Republican leadership to fulfill their promise to cut spending.
Military spending is the second largest category of spending in the federal budget, behind Social Security spending. The US military budget equals the combined budgets of the next seven biggest-spending countries. Yet, many

Read More »

Will the Persian Gulf ‘Tanker War’ Become a Shooting War?

July 23, 2019

The UK got a taste of its own medicine this week as Iran seized a British tanker, the Stena Impero, just two weeks after UK Royal Marines seized a tanker near Gibraltar carrying two million barrels of Iranian oil. As could be predicted, the US and UK media are reporting Iran’s seizure of the Stena Impero as if it were something out of the blue, pushing the war propaganda that “we” have been attacked and must retaliate. Media criticism of the UK is limited to claims that it has not put enough military into the Persian Gulf, not that it should never have seized the Iranian ship in the first place.
The truth is, the UK seizure of the Iranian ship was calculated to force Iran to retaliate and thus provide the pretext the neocons need

Read More »

Conservatives Against Liberty

July 16, 2019

Recently several prominent social and populist conservatives have attacked libertarianism. These conservatives, some of whom are allies in the fight against our hyper-interventionist foreign policy, blame libertarianism for a variety of social and economic ills. The conservative attack on libertarianism — like the attack on the freedom philosophy launched by leftists — is rooted in factual, economic, and philosophical errors.
Libertarianism’s right-wing critics claim libertarianism is the dominant ideology of the Republican establishment. This is an odd claim since the Republican leadership embraces anti-libertarian policies like endless wars, restrictions on civil liberties, government interference in our personal lives, and

Read More »

Frog-Marching Trump Toward War on Iran

July 9, 2019

Hypocrisy seems to have become a defining characteristic of US foreign policy, especially when it comes to Iran. After breaking the Iran deal last year and, de facto, forcing the Europeans to violate the deal in May, the US Administration is now complaining that Iran is no longer abiding by its obligations under the deal!
It’s remarkable to see Secretary of State Mike Pompeo take to Twitter to complain of Iran enriching uranium to pre-deal levels, as if somehow the US believes it can still dictate the terms of a deal to which it is no longer a party.
This latest neocon push for US war on Iran started last week when Iran exceeded the limit of a 300 kilogram stockpile of low-enriched uranium. As usual, the media only reported part

Read More »