American politician (born 1935)
Ronald Ernest "Ron" Paul (born 20 August 1935) is an American author, activist, physician, and retired politician who served as the U.S. representative for Texas's 22nd congressional district from 1976 to 1977 and again from 1979 to 1985, and then for Texas's 14th congressional district from 1997 to 2013. On three occasions, he sought the presidency of the United States: as the Libertarian Party nominee in 1988 and as a candidate for the Republican Party in 2008 and 2012. A self-described constitutionalist, Paul is a critic of the federal government's fiscal policies, especially the existence of the Federal Reserve and the tax policy, as well as the military–industrial complex, the war on drugs, and the war on terror. He has also been a vocal critic of mass surveillance policies such as the USA PATRIOT Act and the NSA surveillance programs. In 1976, Paul formed the Foundation for Rational Economics and Education (FREE), and in 1985 was named the first chairman of the conservative PAC Citizens for a Sound Economy, both free-market groups focused on limited government. He is the father of Senator Rand Paul.
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Question: If you could pick one cause that has gotten us here, what'd you say it is?
Ron Paul: Easy money. The Federal Reserve artificially lowering interest rates, deceiving the people, the investors, the savers, into believing that there's a lot of savings out there, and that we should invest more, build more houses, more cars. It's the malinvestment, which is every bit as dangerous, from the inflation of the money supply, as is the high prices that usually come.
Question: ...you believe the Fed shouldn't exist... make the case.
Ron Paul: First reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value. This station talks about free market capitalism, and you can't have free market capitalism if you have a secret bank creating money and credit out of thin air. They become the central planners, they decide what interest rates should be, what the supply of money should be...
Question: How does the gold standard solves that?
Ron Paul: It maintains a stable currency and a stable value. If the Fed concentrated more on stable money rather than stable prices... They push up new money in stocks and in commodities and in houses, and then they have to come in to rescue the situation. They create the bubbles, then they come in and rescue it, and they do nothing more than try to do price fixing. Capitalism depends, and capital comes from savings, but there's no savings in this country, so this is all artificial. It creates the misdirection and the malinvestment and all the excessive debt, and it always has to have a correction. Since the Fed has been in existence, the dollar has lost about 97% of its value. You're supposed to encourage savings, but if something loses its value, why save dollars? There's no encouragement whatsoever. [...] Gold is 6000 years old, and it still maintains its purchasing power. Oil prices really are very stable in terms of Gold. [...] Both conservatives and liberals want to enhance big government, and this is a seductive way to tax the middle class.
Secretary of State Mike Pompeo's rush to judgement that Iran was behind the apparent attacks on two tanker ships last week has not galvanized world opinion against Iran, as the neocons hoped. Instead, it was met with high skepticism even among Washington's closest allies. Has the neocon practice of massively exaggerating and endlessly issuing threats finally destroyed US credibility on the world stage?
What can you do? More and more Americans are carrying a gun in the car. An ex-cop I know advises that if you have to use a gun on a youth, you should leave the scene immediately, disposing of the wiped off gun as soon as possible. Such a gun cannot, of course, be registered to you, but one bought privately (through the classifieds, for example.)
I frankly don't know what to make of such advice, but even in my little town of Jackson, Texas, I've urged everyone in my family to know how to use a gun in self-defense. For the animals are coming.
Certainly the Patriot Act would have never been passed, because it wasn't available to us... It was almost 400 pages long, and became available less than an hour before it was debated on the House floor... The congressmembers were intimidated, "if I do nothing, my people gonna be mad, because they want us to do something". And the people are frightened. When they are frightened, they are much more willing to give us their liberties. But giving up their liberties won't make them safer, that's the real sad part of it.
If we can't or won't define the enemy, the cost to fight such a war will be endless. How many American troops are we prepared to lose? How much money are we prepared to spend? How many innocent civilians, in our nation and others, are we willing to see killed? How many American civilians will we jeopardize? How much of our civil liberties are we prepared to give up? How much prosperity will we sacrifice? [...] I support President Bush and voted for the authority and the money to carry out his responsibility to defend this country, but the degree of death and destruction and chances of escalation must be carefully taken into consideration.
Legal issues aside, the American people and government should never abide the use of torture by our military or intelligence agencies. A decent society never accepts or justifies torture. It dehumanizes both torturer and victim, yet seldom produces reliable intelligence. Torture by rogue American troops or agents puts all Americans at risk, especially our rank-and-file soldiers stationed in dozens of dangerous places around the globe. God forbid terrorists take American soldiers or travelers hostage and torture them as some kind of sick retaliation for Abu Gharib.
A system designed to protect individual liberty will have no punishments for any group and no privileges. Today, I think inner-city folks and minorities are punished unfairly in the war on drugs. For instance, blacks make up 14% of those who use drugs, yet 36 percent of those arrested are Blacks and it ends up that 63% of those who finally end up in prison are Blacks. This has to change. We don’t have to have more courts and more prisons. We need to repeal the whole war on drugs. It isn’t working. We have already spent over $400 billion since the early 1970s, and it is wasted money. Prohibition didn’t work. Prohibition on drugs doesn’t work. So we need to come to our senses. And, absolutely, it’s a disease. We don’t treat alcoholics like this. This is a disease, and we should orient ourselves to this. That is one way you could have equal justice under the law.
I think stem cell research is crucial. I think medically it has a great future. I think that the answers aren't in yet. Some people say it's absolutely the answer, and others say it's no good and don't do it. It's not known yet, and I'll tell you what: politicians and bureaucrats and the FDA don't know either, and I don't think that's where it should be determined. It should be determined in the marketplace. In Washington so far we only had two choices, either prohibit it or subsidize it. My position is that we shouldn't do either. It should be in the states to devise the rules and laws on what you can do and can't do. Though I'm very strong pro-life and the worst thing I can conceive of is manufacturing babies to be used for research, but as an obstetrician I've had on quite a few occasions to do a surgery on a woman with a pregnancy in the Fallopian tube. And, the fetus is small, and alive, and the heart is beating, but if you don't operate on him, the fetus dies and the patient dies, because a hemorrhage is a very very critical time for ectopic pregnancy. I don't see any reason why you can't use that fetal tissue for research.
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You can't have a government like this without an income tax, but we don't want a government like this. This is not the type of government that was designed by the founders of the country. This is not what was written in the Constitution. We've only had an income tax since 1913. But if you want a welfare state, and if you want to police the world and pay for the defense of Japan and Germany, give foreign aid to the Soviet Union. You not only need the income tax you need the Federal Reserve to print up the money when the deficit is accumulated. So we think that government should be smaller. If government is small, then you don't need the income tax.